Category: Business Bachelor Degrees

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Bachelor of Economics

Bachelor of Economics

Career Options that Come with a Degree in Bachelor of Economics

Bachelor of Economics

A Bachelor of Economics degree is perfect for those who have a deep curiosity or interest on the inner workings of the economy such as the laws of supply and demand and the details of globalization. The economy is always changing and a significant development in the economy of any nation can create ripples in international trade. Huge businesses and corporations always need economic advisers to help them make the most out of the opportunities that come their way and avoid or lessen the effects of impending threats.

The Economist

An economist is an individual who knows the outer and inner workings of the market which allows them to make accurate forecasts and predictions of upcoming fluctuations that may have huge effects on the economic entities. An economist can choose to enter the education sector by becoming a professor. He can also enter the public sector by working in a government office. He can also become a consultant for a private company. Big and prominent companies and corporations however may require a master’s or even doctorate degree.

Specialty Careers

Micro Economists

Micro economists study the laws and flow of supply and demand at the lowest economic unit which is the household. This expert therefore identifies the effects of fluctuations in the supply and demand to a common household and how the prices of goods and services especially commodities are determined and set. He also studies how resources are allocated to the households and how the said allocation affects the economy and the larger units of the economy.

Industrial Economists

An industrial economist is focused on only one sector such as automobile, energy, lumber, etc. They specialist in identifying all economic factors that affect the particular industry. Not only do they make forecasts of significant events that may happen but they will also make projections of the future of the company. Competitors and the limited resources available are also taken into account and how it is best to manage them without violating any of the prevailing laws and regulations governing the industry.

Financial Economists

The study of money and financial institutions is the primary purpose of a financial economist. He studies how money flows from one financial institution to another and how the status of one type of institution affects the other institutions. He is to determine where the money in circulation comes from and how it is distributed and to where it ends up to. He is also to analyse the effects of time and risks to the cash flow.

International Economists

The currencies are the primary concern of international economists. They focus on the changes in the value of currencies normally pitting changes in the value of the international currency to different national currencies. They study national and international policies that directly and indirectly affect currency values. External factors such as political conditions will also be taken into consideration. They also forecast coming changes and develop ways to counteract the effects of the adverse ones.

Labor and Demographic Economists

A labor and demographic economist is the final employment path a graduate of Bachelor of Economics can take. Changes in the labor force are the center of its work. He takes into account all factors that affect the workforce either directly or indirectly. Even the race and ethnicity of the laborers are considered. They then compile the data and information they have gathered to serve as resources for other more specified studies.

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Bachelor of Science in Risk Management and Insurance

Bachelor of Science in Risk Management and Insurance

The Essentials of a Bachelor of Science in Risk Management and Insurance Degree Program

Bachelor of Science in Risk Management and Insurance

We are living in a very harsh world. Climate change has led to hurricanes and more violent storms which in turn result to floods and landslides. Earthquakes are unexplained more frequent. Tough times due to inflation lead to a higher crime rate such as that of theft. The risky times has made the demand for insurance coverage and policies a lot higher. This is why a Bachelor of Science in Risk Management and Insurance degree has become very popular nowadays.

Course Introduction

The degree program will equip students with both theoretical and applied knowledge required to become a leader in the field of insurance and risk management. They will also be armed with work ethics, technological competency, and confidence that will allow them to face and overcome the challenges the occupation may present to them. The course will provide them with the knowledge and skills to allow them to be major players in the sector of insurance and financial services.

Coursework

Risk managers and insurance consultants are often employed by large business which is why the degree program is filled with several basic and advance business courses and liberal studies. The first two years supply the basics needed to introduce the student to the world of business and finance. The higher years will deal with giving the student what he needs to succeed in the real world. He will be instructed in all insurance and risk management subjects and will also study financial planning subjects. The ultimate goal of the course is to provide the student with everything he needs to pass the licensure exams.

Partnership

Colleges and universities offering a Bachelor of Science in Risk Management and Insurance degree program are required to form partnerships with industry professionals, business entities, and financial organizations that can provide support for their students. Such support may include one or more but is not limited to the following:

  • Paid Internships

These will provide first-hand experience opportunities that will help students realize what they should expect when they graduate and start practicing their profession.

  • Mentor Relationships

This will allow students to learn from the latest generation of industry executives that have managed to make an impact on the field.

  • Scholarship Awards

These will serve as an incentive for the gifted and hardworking students. It will also allow the underprivileged to pursue their studies.

  • Industry Network

The students should be able to attend industry events such as seminars and workshops that can deepen their knowledge and enhance their skills.

  • Personalized Advise

The students should be given advice by a faculty member at a personal level about any concerns they may have in regards to their study and career.

Careers

The insurance industry is worth more trillions of dollars and recent studies by the American Bureau of Labor Statistics indicate that almost three million Americans are employed by the said industry. The average weekly earnings of insurance and risk management related workers is $1,400. Diversity is another advantage of the degree program. Every entity is exposed to risks and therefore also has the need to manage such risks. This is why graduates of the course have very easy time finding employment. Common institutions that require degree holders of the program are;

  • Banks

  • Consultation Organizations

  • Financial Planning Offices

  • Government Agencies

  • Large Corporations

  • Human Resource Departments

  • Insurance Brokerages

  • Insurance Companies

  • Regulatory Entities

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Bachelor of Science in Business Administration

Bachelor of Science in Business Administration

Business Means Business: An Overview to Bachelor of Science in Business Administration

Bachelor of Science in Business Administration A lot of successful businessmen say that to be great in business one must have the right attitude, skills, and knowledge otherwise failures and competitions will devour you into pieces. Business industry is a nasty world yet can be the most challenging and rewarding profession. You either become the corporate slave or the magnate. If you want to be the latter start your corporate career by studying in a Bachelor of Science in Business Administration degree program.

The Business Administration Degree

Business administration is a broad area that involves several kinds of corporate and management positions. Major corporations, small scale businesses, independent businesses, you name it; all kinds of businesses are in need of business managers to run smoothly and profitably. These driven, organized individuals are the fighters who thrive in every company. They are the masters behind successful businesses. To be a business manager, you start by learning how to do business and how to understand your market.

The Business Administration degree provides the chance to students to get thorough understanding of the business world while learning a comprehensive knowledge of business administration. It offers advanced studies in a variety of selected disciplines. This course also provides the flexibility to students to select from various complex business classes that may go well with their interests.

The Bachelor of Science in Business Administration also prepares the students to the responsibility of management, leadership, and other administrative functions of company operations.

How to be a Business Manager?

To become a business manager, you must start with the right education and training. You can study Bachelor of Science in Business Administration, take associate degree in business management, or undergo extensive internship in business management.

Advanced degrees are required by some business administration jobs while others do not require a degree for as long as you have the appropriate business administration training. That is the reason why there are various business administration education alternatives. You can take advantage of on-the-job training, seminars, and certification programs. Some company administration experts also decide to earn an associate’s, bachelor’s, master’s, or maybe a doctoral degree.

Below are the possible education choices for aspiring business managers and magnates:

1. Associate Degree in Business Administration – Most associate degree’s programs take a couple of years to finish.

2. Bachelor of Science in Business Administration – A bachelor’s degree in business administration is a minimal requirement for most careers in the business field. This degree can be completed in four years either part time or full time study. There are also some universities and colleges that offer accelerated applications. Also, this study program occasionally offers specialization in different fields of business administration.

3. Master’s Degree in Business Administration – After completing a bachelor’s degree, Master in Business Administration, also called an MBA degree, is the next education choice for an advanced business study. Conventional MBA programs take a couple of years to finish.

4. PhD Degree in Business Administration – A doctorate degree in Business Administration is the highest degree that you can earn in business education. It normally requires four to six years of study to complete.

5. Internship or On-the-Job Training Programs – With on-the-job training programs you are usually paid while working and learning. Most corporations require a certain period of training before you can work for their company.

6. Certification Programs – There are a lot of distinct professional certifications or designations offered to people who work within the business administration area. In many cases, such certifications aren’t actually needed in your work but are advisable to get one for competency and professional certifications. Below are some of the certifications offered by various business organizations.

  • Certified Business Manager (CBM) for business generalists, MBA grads, and non-MBA grads who want a business credential.
  • Project Management Institute (PMI) certifications are for project managers at all skill and education levels.
  • Human Resources Certification Institutes (HRCI) offers several certifications for human resources professionals at varying levels of expertise.
  • Certified Management Accountant (CMA) is the certification awarded to business accountants and financial professionals.


Finishing any of these education programs for Business Administration can provide you a competitive edge in the business industry. But if you want more than a business manager position, complete Bachelor of Science in Business Administration degree and continue learning. You will never know, sooner or later you are one of the most successful tycoons in the world.

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Bachelor of Commerce

Bachelor of Commerce

Benefits of Taking a Bachelor of Commerce Degree

Bachelor of Commerce

Globalization and a global economy in the process of rising from the ashes of the international financial crisis several years ago has led to a huge demand for graduates of finance and accounting courses. This is the reason for the huge boom in the number of Bachelor of Commerce students.

The increase in the students in turn resulted to an increase in the number of institutions offering the course. The increase in the supply of the courses has then resulted to an increase in the quality of education.

Definition

A Bachelor of Commerce degree is geared to providing students with knowledge and skills about business relevant disciplines including but not limited to marketing, accounting and finance, and advertising. It is designed to make students competent in helping businesses grow, expand, and meet their end goals by supporting them in a particular sector they have mastered. The demand for the course has risen together with the continuous rise of eCommerce. As long as there are businesses in the economy there will be a need for commerce graduates.

Benefits of the Degree

The world of business is the most dynamic and hence most universities perform an annual revaluation and of their curriculum and apply modifications if necessary. If the student manages to keep up with the changes he will gain a lot of general knowledge in the relevant fields and deep knowledge in his chosen major or specialization. Graduating with the Bachelor of Commerce degree will provide the student with the following benefits:

  1. Flexible Employment

The Bachelor of Commerce will allow you become an employee in the public or private sector or even put up your own little enterprise. You can become a consultant for a government department or a private corporation. You can also be an independent adviser and have your own list of clients. You can also put up your own small or medium enterprise and manage it without the need to hire consultants because you already know the basics of what should be done.

  1. Ample Job Opportunities

Any enterprise needs a manager or an accountant which means that there will always be someone willing to hire you.

  1. Capability with Financial Reports

The degree comes with intermediate accounting knowledge which will allow you to understand, analyse, and interpret accounting reports. Financial reporting is important because it is what enables a financial entity to ascertain whether it is making a profit or loss and what its financial position actually is.

It is also essential in forecasting the potential benefits and opportunity cost of a management decision. Any business will always need someone who can interpret the numerical values in a financial report into easy to understand worded summaries. Financial reports are also required in paying for taxes.

  1. Deep Understanding of Financial Management

A Bachelor of Commerce degree will also equip you with extensive knowledge in financial management which will allow you to formulate vital formulas such as return on investment and turnovers that interpret their meaning. Hence, you will be able to tell how well or how bad a company is doing and recommend steps on how it can achieve each maximum potential. You will also be able to manage the securities of the company efficiently and present them in the company portfolio in the best possible way.

  1. Human Resource Management Possibilities

Graduates of the degree can also pursue a profession in human resource management. You can use the analytical and critical thinking skills you have developed in determining the vacancies in the workforce that should be filled and formulate an efficient employee selection process.