As the changing economy diversifies and industry boundaries blur in the face of emerging technologies and disruptive innovations, it can be challenging to know what degree you should follow.
Do you follow a degree programme that serves a niche which may no longer exist in 10 years’ time? Or do you follow a less specific programme that doesn’t lead to any particular career to maximise your scope?
According to a report by the World Economic Forum, the skills valued by employers by 2020 are set to reflect the changing economy, with complex problem solving, critical thinking and creativity coming out as most important.
While diligence and productivity will be handed over to efficient technologies that can complete jobs more efficiently than human workers, the ability to think innovatively and apply interdisciplinary knowledge to improve lives, businesses and industries will prove invaluable.
It’s uncertain what the future of careers will look like for future graduates as they progress through their lives, but the one thing for certain is the extent of issues that will need mitigating and resolving is only set to grow.
The challenges the world is facing are entering unprecedented territory, as global temperatures approach the dangerous 2°c rise marked by the Paris climate agreement as ‘officially unsafe’, with just a five percent likelihood of limiting temperature rise to the outline signed by 195 countries in 2015.
Business leaders and innovative minds will be the drivers of change in this new era, as the question becomes not one of what can be done but what must be done. Innovation and enterprise are set to be central to sustaining the global economy during these challenging times.
A degree in business can prepare you for this changing economy, as you will gain the knowledge in interdisciplinary areas needed lead the business world to new horizons amidst hurdles faced by both industries and people.
Business studies is a degree that prepares you to respond to challenges in the wider economy, showing you how your entrepreneurial flair can make a difference. Other subjects may prepare you for a particular career or develop analytical skills without an industry focus, but business provides the best of both worlds, allowing you to maximise your potential beyond graduation.
In fact, 37 percent of the US’s top-paid CEOs received a Bachelor’s degree in business studies according to data released by Resume,io, and out of those with a graduate degree, 73 percent studied business administration.
From money borrowing services to health insurance providers – the industries these business graduates advance are as diverse as the challenges they are intent on solving.
If you’re interested in earning a business degree that can create a brighter future, consider these five leading business schools…
Dedicated to entrepreneurial education, and as the sixth-largest business school in the UK, with an 89% student satisfaction rate (above the UK national average), Ulster University gives students a chance to be part of an innovative learning community.
The Ulster University Business School operates across five departments, including the Department of Accounting, Finance and Economics, the Department of Hospitality and Tourism Management, the Department of Global Business and Enterprise, the Department of Management Leadership and Marketing, and the Business Institute.
These departments offer a range of degrees at undergraduate, postgraduate and PhD level, whose aim it is to develop global entrepreneurial leaders who think and act differently in response to the world’s most important challenges.
Students have the opportunity to gain real-world experience alongside their studies, with 2,000 students undertaking work placements each year. Many MSc programmes also have an embedded advance practice module which incorporates an internship with leading companies. And with 93 percent of graduates in employment or further study within six months of leaving, Ulster offers some of the best graduate prospects in the UK.
Speak to an advisor today about a course suited to you.
Founded in 1948, Strathclyde Business School has 70 years’ experience in educating the next generations of business leaders, making it the perfect place to kickstart your career.
The school provides a truly interdisciplinary education through undergraduate degree programmes designed to help students reach their ambitions.
Students can choose from a flexible degree, which includes the BA Business and Bachelor’s of Business Administration, the specialist BA in International Business or the cross-disciplinary programme that culminates in the Master’s in International Business and Modern Languages qualification.
There’s also a range of Master’s degrees on offer in business, management and entrepreneurship.
The school is the first Scotland to achieve triple accreditation from internationally-recognised bodies like the Association of MBAs, the Association to Advance Collegiate Schools of Business and EQUIS – a badge of honour held by only 74 business schools in the world, making a Strathclyde business degree a passport for international opportunities and career success.
Located in the beautiful British city of Bath, a recognised UNESCO World Heritage site, the School of Management at the University Bath combines cultural significance with academic excellence to provide a world-class education.
The school boasts excellent facilities, and with a £70 million investment into a state-of-the-art building set to open in 2020, students will soon benefit from a new Student Enterprise Lab, helping them turn their ideas into action during their studies.
The new building’s Behaviour Research Lab will also grant students an insight into consumer behaviour trends and workplace interactions, giving them a deep awareness of business psychology.
The school offers a range of undergraduate, postgraduate and post-experience degrees, with integrated opportunities to gain first-hand industry insight. This allows students to put their classroom knowledge into practice and hit the ground running upon graduation.
With a focus on experiential learning, your business education at Tusk School of Business will heavily focus on real-world application, developing entrepreneurial confidence and leadership skills that help drive your ideas forward.
This learning model is designed to push students beyond what they thought possible and realise the extent of their potential when they step outside their comfort zone.
“During your time in our distinctly immersive learning community, you will tackle new ideas, engage with the diversity and dynamism of the world, and develop the knowledge and wisdom to better lives and the broader world of business,” says Dean Matthew J. Slaughter.
The school combines a range of compulsory modules with chosen electives together with industry experience, ensuring all students graduate with a broad and deep knowledge of business. This approach prepares students to enter the 21st century business world that requires interdisciplinary awareness and an entrepreneurial spirit.
Located in the business hub of New York City, NYU Stern School of Business provides unique proximity to numerous multinational corporations, Wall Street and an innovative start-up scene.
When in the classroom, students are taught by industry leaders from successful CEOs to New York Times bestselling authors, letting them get a taste of the business world from the minute they start their education.
Beyond the classroom, all students have the chance to immerse themselves in another culture through the renowned International Study Programme, giving them the globalised perspective needed to be a business leader.
Undergraduate students can choose to study the Bachelor’s of Science in Business or Business and Political Economy, with the optional choice of combining this with the Master’s of Science in Accounting or Film and Television.
To ensure students graduate with the key skills needed to progress the business world, NYU Stern School of Business runs a Social Impact Curriculum to educate undergraduates on the relationship between business, culture, arts, politics and the environment.
*Some of the institutions featured in this article are commercial partners of Study International
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