Did you know National University says that approximately 14.4% of US popular holds a master’s degree or higher? This highlights how most young individuals are still not sure about pursuing a specialization degree or might have stalled out in choosing the right graduation degree.
Besides that, many people are considering working in the tech industry because it seems to be the only option that has growth, regardless of their having zero knowledge about it. However, there is one more vast background besides the tech–business degrees.
Indeed, business is everywhere, and so it makes the business industry effortlessly vast and versatile. Even tech enthusiasts can pursue them to create a tech-driven economy. If you are still unaware of these degrees, then continue reading this article, as we will discuss the undergraduate business degrees for establishing a tech-driven economy.
Let’s get started!
KEY TAKEAWAYS
- There are still promising jobs existing in business industries, welcoming business majors.
- Transferable skills can be developed alongside a degree to enhance the soft skills, for example, critical thinking abilities.
- You can work on the business side of a tech start-up along with your college, since they are most likely to hire a fresher rather than investing a huge amount to hire an experienced candidate.
- BBA and BS are the commonly popular degrees to pursue in a specific field of business.
- Any business degree can be worth taking if you have proper knowledge and experience.
- The tech industry also needs business majors to handle the business side of the company, so a business degree is no less than any tech one.
Are Undergraduate Business Degrees Still Relevant?
Whether undergraduate business degrees are still relevant, they can also set you up for a great career. The Bureau of Labor Statistics projects that millions of jobs will be opening up in the business world throughout the next 10 years. That is enough to calm your mind if you’re nervous that your business degree is irrelevant.
The promising job outlook and evolving landscape of numerous industries are thrilling; however, there are those who worry that the tech boom will render business majors obsolete. Nevertheless, business majors are equally valuable to tech companies as cybersecurity analysts and programmers.
While it is not mandatory to pursue a career in technology upon graduation with an undergraduate business degree, it is an opportunity. Undergraduate business degrees are still valuable in this technology-driven economy for a variety of reasons, including:
1. Many Skills Are Transferable
Some individuals mistakenly believe that business and technology are more distant than they are. While the tech curriculum is primarily concerned with honing specific technological skills in comparison to business, it is essential to possess a number of the same key soft and hard skills to succeed in either field.
For instance, business and technology professionals can only thrive if they are creative problem solvers. Critical thinking is another transferable skill that is learned to value during an undergraduate business program.
If you possess these skills, you may be able to secure a tech job with an undergraduate business degree. This is particularly true if you demonstrate strong management and leadership abilities.
Leadership skills won’t ensure that you get a coding or programming job, but they can help you get a business position at a tech company. Business majors often exemplify many of the top skills needed in cybersecurity.
2. Fledgling Tech Companies Need Direction
Startups usually start out with just a few engineers and programmers. Tech developers know a lot about technology but might not know much about business. What better way to start your business career than to join a new tech company when it’s just getting started?
Of course, startups can’t easily hire and keep experienced business professionals—they probably can’t afford them—and long-time business pros don’t always see the point in taking such a risk.
However, working on the business side of a tech startup while you’re still in college can help your resume. There’s always a chance that the startup will grow, and your risk will pay off in dividends.
3. Established Tech Companies Need Business School Graduates
The tech industry may not be your highest priority if you have an undergraduate business degree. However, it’s a mistake to speculate that tech companies solely hire programmers and application developers. Tech companies require business majors to handle operations, sales, marketing, and management.
That said, you aren’t programmed to work in the tech industry, even if it is quite prominent. According to the National Association of Colleges and Employers (NACE) in 2023, 76% of business graduates got jobs. Sure, the tech industry is huge, but it’s far from the only industry you can find work in.
It’s best to cast a nationwide net and apply to as many recruitment agencies as possible. Some of the best openings may even be in the tech world. However, you must remember that tech companies always recruit business degree candidates to handle product management, business data analytics, marketing, and more.
4. The Business World is Thriving
Tech is far from your only opportunity if you have a business degree. The E-commerce, finance, marketing, retail, and hospitality industries are just three of the many thriving industries. A Bachelor of Business Administration (BBA) degree can ensure that you get a job managing business operations and personnel in one of many thriving industries.
Similarly, a Bachelor of Science in Business (BS) can help you work in the analytics and marketing segments of such industries. The main notable distinction between BBA vs BS degrees is the type of jobs you can conveniently get with them. For example, it’s worth pursuing a BS if you are seeking to become a financial analyst, which is a role that numerous companies must fill.
A BBA can also open the door to a great career in marketing, human resources, and business administration. Both degrees can help you get your feet in the door and work your way up the ladder. Neither degree limits your potential nor the specific kinds of business jobs you can get.
5. Lucrative Prospects
One of the reasons many people pursue business administration degrees is that there is great potential to earn a lucrative salary. This is true regardless of whether you work as a financial analyst at a clothing company or an HR director at a transport insurance company. The high earning potential can relieve any worries about whether your business degree is worth it or not.
Many undergraduate business degree holders also dream of becoming entrepreneurs one day. This requires some risk, but nobody is more trained for that than business experts. That’s especially true if you cut your teeth while working in the business world and learn the tricks of the trade. Railroad
It’s worth taking any prospective business job you can get, let it’s in tech, marketing, or insurance. Build your gain experience, resume, and work toward your dream business job.
INTERESTING FACT
“88% of management and business operations now require education beyond high school.”
Business Degrees Are Far From Obsolete
Business majors are equally important as information technology majors in the tech industry. After all, the average programmer cannot likely put together accurate financial projections and manage a budget while juggling their other duties.
However, you don’t have to feel pressured to work in tech, as you can serve in nearly any industry with a business degree.
Ans: Both provide valuable skills, so it is not a great idea to declare which one is better.
Ans: Yes, you can learn technical skills related to business in the time you are learning about business.
Ans: Bachelor of Business Administration (BBA), Master of Business Administration (MBA), and specialized master’s degrees like Master of Accounting or Master of Finance are the most pursued business degrees.
Ans: It is a system where the advancement and adoption of new technologies are used to enhance economic growth and development.
