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For those that are considering a business career, obtaining a business education appears as a natural course of study. However, there are many ways to obtain quality business education and training. Before choosing a course of education, applicants should consider which business education path best suits their needs and requirements.
Types of Business Education
There are a variety of ways to obtain a quality business education:
Bachelor’s Degrees – Bachelor’s degrees in business are offered at many undergraduate schools. These degrees typically take four years to complete, and is a stepping stone towards higher level learning or a career in business. In order to determine whether a college offers a business major, visit their website or talk to resources such as guidance counselors, advisors and college students.
Online Degrees – More and more programs are offering online courses for business education. When choosing an online business school, determine if the program is accredited, how they teach their courses and the reputation of the school.
MBA – An MBA is typically a two year program that provides a higher level education centered on business studies. In order to start applications for an MBA, you need to take the GMAT. It is also recommended that you have several years of work experience, but is not absolutely required.
EMBA – An EMBA, or Executive MBA program, is an educational track designed for managers and executives. Applications from a wide variety of industries and organizations can apply for an EMBA. Though taking the GMAT is not required, applicants must have acquired at least five years of work experience.
Doctoral Studies – Business doctoral studies grants you a PhD in business, and is the highest academic degree that can be achieved. In order to qualify for doctoral studies, applications will need a MBA or similar master’s degree, and significant work experience in a management or executive position.
Tips to Choosing a Business School
Accreditation – More and more online degrees are offered through the internet; however, not all offered programs are accredited. Avoid programs that are not accredited, as most employers and universities will not recognize your degree. For more information on whether a program is accredited, check the database offered by the U.S. Department of Education.
Costs – The costs of business school include tuition, books, living expenses and other fees, and can become quite expensive. MBA programs offered at business school can range from $40,000 to $60,000 a year, while online schools can range from $1000 to $35,000 a year.
Flexibility – Many universities offer night classes or flexible schedules for completing your business education. If you have a job, you can continue to work while you attend classes in the evening. Online schools are especially accommodating, as it allows you to complete courses at your most convenient time. In addition, online schools allow you to learn at your own pace, and adapts to various learning styles.
Concentration – When obtaining a business education, applicants can choose from a variety of concentrations. MBAs can be obtained on a variety of topics, including international business, finance, and marketing. Determine which area best suits your strengths and your future career goals.
Business education and training helps companies become more profitable and educated through professional development. This type of training, which can be provided on-site or through Internet and book courses, will also help your company discover its strengths and weaknesses to become better-performing in the future.
Many companies provide business education and training including The Center for Business Education and Training and AHANA. These services can be found by searching the Internet or asking for information through business organizations. Before starting the training program, an assessment will be completed that identifies any problems that are occurring within your business. A customized program can then be developed, which will help your employees increase their job skills and productivity. While using Internet options for business education and training might be more convenient, it takes self discipline among your employees. On-site training might prove more beneficial because of the structure it provides.
Business education and training can be costly. A cheaper option is to invest in a book series. Having your employees participate in a book series will help with training and will foster better relationships among your staff. These books offer practical applications in business education and training and are geared toward starting discussions among your employees on how your business can improve.
Read more about business training and education from the links on this Business.com page.
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