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Are business degree profitable?

  1. Sep 11, 2010 #1
    Hey just curious about the profitability of a business degree. I hear MBA's are very popular, what about the bachelors though? And how do these stand next to degrees related to money?
     
  2. jcsd
  3. Sep 19, 2010 #2
    Any good paying job that you could get with an undergrad business degree, you could just as easily get with any quantitative degree (eg. physics, engineering, math, stats, etc...). In fact, it may even be easier with a quantitative degree. MBAs are only worth anything if you get it at a top school (ie Harvard, Wharton, Stanford), and thats only because of the network and recruiting that those top schools have.
     
  4. Sep 19, 2010 #3
    I'm working on International business, which pays fairly well if you're willing to travel anywhere at the whim of your employers.
     
  5. Nov 18, 2010 #4
    By profitability, do you mean ROI? If yes, then business degrees do have a good return on investment provided you are smart about the choice of your program. A http://www.cc-sd.edu/bachelor-degree-business-accounting.html" [Broken], you’ll enjoy ample employment opportunities across a broad spectrum of industries.
     
    Last edited by a moderator: May 5, 2017
  6. Nov 19, 2010 #5
    A degree in business is profitable. I'm in a fraternity and from what I've observed it's a good career if you are a people person.

    Generally speaking in business, I know it's cliche but, it's not about what you know but who you know.

    Most of the business people in my fraternity have meet a lot of businessman by the time they graduate and from what I've been told all of the people who have graduated have been hired by people they met previously.
     
  7. Nov 19, 2010 #6
    Business degrees are extremely profitable. Just look at the balance sheets for University of Phoenix, and the margins on their degrees are just incredible.....

    Oh... You meant for the student. Hard to say.....
     
  8. Nov 19, 2010 #7
    I'd just like to add that business/accountancy to tax law is extremely extremely profitable.
     
  9. Nov 20, 2010 #8
    Business degrees are for people that want to drink like fish and play poker who weren't clever enough for something involving lots of maths like economics.
     
  10. Nov 20, 2010 #9
    Wow that is an incredibly negative outlook. Perhaps people choose it because they LIKE doing it. Just because someone doesn't pick a particular field doesn't make them unintelligent.
     
  11. Nov 21, 2010 #10
    No.

    I have already explained that people choose business degrees because they are philistines who weren't good enough at maths to do economics. The low work-load is a huge bonus as it facilities more opportunities for heavy drinking, sleeping until 2pm, and getting laid with other people in the same predicament. A lot will never manage to secure a decent job in 'business' because a business degree screams out to employers that you're too thick to do economics, maths, a science or a respected humanity like history or politics. Some of the rich kids, like nice but dim Tim, did it because they are being groomed for a nepotistic job in the family business, or one of daddy's friend's businesses, and at least their degree means they can tell their elbow from their arse.
     
  12. Nov 21, 2010 #11

    stewartcs

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    That's a load a crap. There are certainly many intelligent people who studied Business Administration.

    CS
     
  13. Nov 21, 2010 #12
    Looking at the grades of people who studied it at university demonstrates that, aside from a few exceptions (I guess some clever people are quite lazy), that is not the case.
     
  14. Nov 21, 2010 #13
    Just a quick question. Have you ever worked in business? I have.

    Something you quickly find out is that in order to get a company working, you need some very good social skills. In your average large corporation, being super-smart is totally useless if people don't like working with you, and if you can't work with anyone else.

    Ummmmm no.....

    What happens frequently is that people with engineering and science degrees go out into industry and find that the companies are run by MBA's, and they are run by MBA's because having good social and political skills is pretty much essential if you want to run a big corporation. So what then often happens is that rather than seeing "social skills" as something valuable and something you can learn, said engineering and science degree-holder gets really resentful that the world doesn't work in the way that they think it should work.
     
  15. Nov 21, 2010 #14
    Grades are almost totally meaningless once you get out of academia and have worked a year in a company.
     
  16. Nov 21, 2010 #15
    Drinking like a fish and playing poker are pretty much the skills that you need to run a business.
     
  17. Nov 22, 2010 #16
    You do not require a business degree to acquire these social and communication skills. They should be acquired as part of any other degree that involves lots of team and project work, and can also be acquired in part-time work, through socialising, etc.

    I believe that a lot of these skills are also largely natural, too. And people that naturally possess these skills sure as hell don't need a business degree.

    Not all companies are run by MBAs, and aren't MBAs something mainly pursued by people who aren't from a business undergraduate background? I know engineering firms are often really keen to put those engineers who have been earmarked for future leadership development through MBAs, fully funded. Probably something that I'll do one day, too.

    You're missing the point.

    All of the business leaders I know, albeit not that many, work extremely hard - so hard that the typical business student would have a stroke if they were to hear about the hours they put in.
     
  18. Nov 22, 2010 #17
    Amen to that brother. The best part is the drinking and gaming counts as work. Sometimes the long hours are worth it. [sometimes] One should add the ability to shake off the deleterious effects of Ambien after an international turn-and-burn trip.
    not-now-ambien-walrus.gif

    Running a business seems easy until you try it. When I was younger, I had a great deal of disrespect for folks planning a career in business, but now I see them as valuable partners in enterprise that allow me to concentrate on what I do best. I'm glad I don't have to know how to do everything myself.
     
  19. Nov 22, 2010 #18

    stewartcs

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    So you are privy to business student's grades then?

    I see no correlation between being lazy and studying business - it's just a different field that appeals to different personalities.

    CS
     
  20. Nov 22, 2010 #19
    Running a business is not easy. You're naive if you think that.
     
  21. Nov 22, 2010 #20
    A key ingredient in business is having "personality." I would suspect the more reticent and reserved folks tend to the sciences. Those who have "personality," such as a Feynman, excel even more so.
     
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