So, You Want to Study Business?
Welcome to our series on college exploration! In this installment, we're diving into the world of business studies. Whether you dream of launching your own startup, climbing the corporate ladder, or analyzing market trends, studying business can open up a world of opportunities. Let's explore what it takes to thrive in this dynamic field.
Business is a vast and multifaceted domain encompassing everything from finance and marketing to entrepreneurship and management. It's about understanding how organizations operate, make decisions, and thrive in competitive environments. If you're intrigued by the intricacies of commerce and the art of making deals, then studying business might be the perfect fit for you.
It's important to note that the field of business is becoming increasingly competitive for college admissions. Even at institutions where you may feel confident in your likelihood of acceptance, choosing business as a major can significantly heighten the competition as a surge of applicants vies for limited spots in business programs. To position yourself as a strong candidate in the undergraduate admissions process, here's a checklist of recommended courses:
Four years of mathematics, including calculus, to sharpen your analytical skills.
Four years of English to hone your communication abilities, which are essential in business.
Four years of lab sciences such as biology, chemistry, and physics, alongside electives like computer science or related fields, to foster critical thinking.
Four years of history or social sciences, which can include psychology or economics courses to understand human behavior and societal trends.
Three to four years of a foreign language to expand your global perspective and enhance cross-cultural communication.
Electives in programming languages like statistics, or courses related to your specific interests within the business realm such as Entrepreneurship, Business Law, or Marketing.
Remember, curiosity and a thirst for knowledge are invaluable traits in any field. Successful students often seek answers to their questions through reading and exploration. Reading not only informs but also inspires great questions, ideas, and actions.
If you're eager to delve deeper into the world of business, here are some resources to consider:
Subscribe to business publications like Harvard Business Review or The Economist to stay updated on industry trends and insights.
Explore online courses and tutorials on platforms like Coursera, edX, or Khan Academy to supplement your learning.
Participate in business-related competitions such as case competitions, entrepreneurship challenges, or stock market simulations to test your skills and network with peers. One such example is the Summer Investment Challenge at DePaul University.
Seek mentorship opportunities with professionals in your desired field through LinkedIn or alumni connections. Ask if they can provide you with a job shadow opportunity or even some time to ask them questions about their background, position, and day-to-day responsibilities.
Consider joining business clubs at your high school, such as DECA, Future Business Leaders of America, or Investment Club. If a club in your potential area of interest does not exist, talk to teachers about helping you start one.
Summer is an excellent time to explore internships, workshops, or immersive experiences in the business world. Look for programs like:
Internships at local businesses, startups, or multinational corporations to gain practical experience. While many internships are geared toward college students, even gaining an administrative position in a business can expose you to the field.
Business immersion programs or boot camps offered by universities or organizations to deepen your understanding of specific areas like finance, marketing, or entrepreneurship. When searching online for these, look for pre-college programs—many options ofter both in person and virtual options.
Volunteer opportunities with non-profit organizations or social enterprises to apply your business skills for a meaningful cause and expand your network.
Remember, studying business is not just about mastering theories and concepts; it's about developing practical skills, building networks, and embracing lifelong learning. Whether you aspire to be a visionary entrepreneur, a savvy marketer, or a strategic leader, the journey begins with a passion for understanding the dynamics of the business world. So, roll up your sleeves, immerse yourself in learning experiences, and embark on an exciting adventure in the realm of business studies!