1. It Is a Practical Choice
Business majors have more job security than other majors because they are needed in virtually all industries. Whether it’s Disney, Microsoft, or a large meat packing plant, all industries need people with business acumen to function and prosper. This will always keep the demand for business majors relatively high, even in poor economic times.
2. You Are Not Tied To One Specific Region Of the World
A business career will give you more flexibility in what geographic location(s) you choose. This is particularly important if you have a spouse who may end up with only one or a few options for their job location.
3. The Opportunity For Specialization Is High
If you enter into a business studies program , you will have plenty of opportunity to specialize. For example, you could specialize in management, marketing, human resources, accounting, or business finance. You could also choose to specialize in a specific industry such as the fashion industry or in the humanitarian non-profit sector.
4. It Is Easier To Switch To a Different Job Mid-Career
To keep things interesting, many people find that at some point in their career, they yearn for a complete change. If you have a business career, this is much easier to do than with many other professional careers such as nursing, engineering, and radiology. This is because business skills transfer more easily between industries than the professional skills you would acquire in other professions.
5. Business Careers Offer More Opportunities For Advancement
In general, business careers offer more opportunity for career advancement than other careers. With advancement comes salary increases, professional respect, an opportunity to challenge yourself, and many other perks as well.
6. You May Have the Opportunity To Retire Relatively Young
It is not uncommon for businesspersons to retire in their fifties or even late forties. This is because people in business tend to have excellent salaries that allow for putting away a good nest egg. They also tend to have excellent benefit packages and other business perks that make saving money and retiring early much easier.
7. Business Studies Makes It Easier To Start Your Own Business
Many talented people who start their own business fail simply because they do not know enough about the business side of their industry. For example, an interior designer may be extraordinarily talented in design but may not fully understand the most basic principles of accounting, marketing, and managing employees. This is why it may be a good idea to combine business studies with another major.