Which Type of Business Degree is Right for You?

scottbloomdecisionsSome students who apply to business school know exactly what type of degree they want to earn. Others know they want to pursue a career in business but may not be sure about a specific degree. Fortunately, there are many types of business degrees that may appeal to students who are still undecided. Consider the following descriptions of different types of business degrees that can help students learn a little about the options available to them:

Accounting
A degree in Accounting involves courses that teach students fundamental accounting principles, and how to interpret financial documents and keep them organized. Students also learn how to find discrepancies in financial documents and determine the reasons for them. Successful professionals in this field are logical thinkers, detail-oriented, consistent, and organized. Some examples of jobs for individuals with Accounting degrees include public accountant, financial reporting manager, compliance professional, and tax accountant.

At Veritas Prep, we provide a variety of services to students who are considering a degree in Accounting, or any of the other different graduate business degrees. For instance, our online instructors prep students for the GMAT, the GRE, or both. We use practice tests and other top-quality study resources to boost a student’s confidence for test day. In short, we have years of experience helping students who are on the path to earning different business degrees.

Business Administration
There are many types of business degrees that teach students how to take on a leadership role within a company – a degree in Business Administration is an ideal example. While earning this degree, students gain knowledge of how to assign tasks to the members of a team to ensure that a project is completed on time. Also, students learn how to communicate effectively with team members, clients, and other project leaders.

A professional working in the field of Business Administration has to know how to effectively manage a project and improve a company’s bottom line. Office administrator, general manager, and administrative services manager are just a few of the job options for students with a degree in business administration.

Business Technology
Students researching different types of business degrees that relate to technology should take a closer look at this area of study. A student earning a Business Technology degree learns about the latest business software used by companies and corporations. Also, students garner knowledge about web marketing, managing an office with today’s technology, and using electronic communication tools in a business setting. Some examples of jobs held by individuals with a Business Technology degree include business software specialist, web marketing specialist, and database user specialist.

Finance
Finance is one of the more well-known types of business degree programs. Students earning this degree learn about portfolio management, financial analysis, and interpreting statistics. Individuals with a degree in finance have many career paths available to them. For example, a person who wants to integrate sales into a career plan may want to look into becoming a financial services sales agent. The position of personal financial adviser is an example of a career where a person uses their financial education to help people plan for retirement or balance their investments. Some other potential job titles include financial analyst, financial manager, and investment banker.

Marketing
Many students who are pursuing a business degree want to get into the field of Marketing. This is a degree for someone interested in learning about consumer research, marketing strategies, and product research. Today’s companies need professionals who know how to introduce a new product based on solid market research. Plus, companies want to know how to attract new customers while retaining loyal ones. Advertising managers, sales managers, commercial directors, and market research specialists are all examples of jobs available for individuals with a Marketing degree.

Students looking at the different types of business degree programs can count on Veritas Prep for tips and guidance. Our knowledgeable team members teach students strategies to use on business school exams and assist in preparing admissions paperwork. We can add an element of organization to the complicated process of applying to schools. Contact our team today and ask about our valuable services.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on Facebook, YouTube, Google+ and Twitter.

Does Your GMAT Score Matter Once You’re Admitted Into Business School?

08fba0fOne of the most anxiety-inducing and nerve-wracking aspects of the MBA application process for many candidates is the GMAT. Whether it is preparing for the exam, actually taking the test, or wondering if your score is high enough and your Verbal/Quant splits are well-balanced, the GMAT can drive you crazy. However, once applicants are able to break through and secure admission into their target programs, one would think all of this GMAT stress is behind them, right?

Unfortunately, not exactly. For most students, the GMAT is, in fact, a thing of the past and they can breathe easy and move on from those dreaded four letters after business school begins. For some students, however, their GMAT score can still represent an important measure of aptitude even past the MBA application process and matriculation.

Let us focus on these students who must still concern themselves with their GMAT scores. The GMAT is really only relevant for recruiting purposes at this point, and only in a select few industries that tend to put a heavy weight on analytical skills and “intellectual horsepower.”

The most common industry recruiters that fit the bill here are management consulting firms like the Boston Consulting Group, financial institutions like Goldman Sachs, and prestigious tech companies like Google. These specific firms are just used for representative purposes, but many similar companies use the GMAT as a key decision point when selecting students for interviews, and also when making their final decisions in on-campus hiring. Therefore, it is important to do your due diligence and discuss with the recruiting firms you are interested in the components that factor into their decision-making processes.

Generally, companies that put an emphasis on the GMAT are looking for you to break a threshold. So it is not simply “the higher score you get, the better your chances.” The standard tends to be at the 700 mark – if your score is below this threshold, your chances at securing an interview or an offer at these firms may be a bit more difficult. Although again (I cannot emphasize this enough), every firm has a different value system towards the GMAT and you will often never truly know how much of a factor it plays within the recruiting process, but it is still important to keep in mind that it is a factor.

Information is king! Do your due diligence upfront in the recruiting process, understand the strengths and weakness of your profile, and be knowledgeable of how factors like the GMAT may play a role during on-campus recruiting.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on FacebookYouTubeGoogle+ and Twitter.

Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You can read more articles by him here.