7 Degree Subjects All Entrepreneurs Should Consider Studying

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Tudor Lodge

Lots of us dream about starting our own businesses, but how hard is it and what do you need to know before you get started? While there are a few exceptions to the rule (like Mark Zuckerberg and Steve Jobs), most successful entrepreneurs gained the knowledge they needed to run a business by studying at university.

Running a business requires a lot of knowledge and takes a great deal of planning. Before starting your own business, you need to understand how a business works. In order to do this, you should consider completing a degree that gives you the knowledge and experience you need to succeed in the business world.

So, how do you know which degrees can help you do this? And, how do you choose which one’s perfect for you when there are so many courses available? To help you out, we’ve come up with a list of some of the best courses you can study if you want to navigate your way through the world of business:

Business Management

If you’re interested in starting a business, then completing a degree in business management might be the perfect choice for you. Business owners and managers need to be able to make good decisions and guide others. A degree in business management can help you to learn the skills you need in order to achieve this. Some of the skills you will learn include:

  • Learning about all areas of business from finance to marketing
  • Becoming a good team-player
  • Learn how to effectively manage people
  • Leadership skills - most business owners will tell you that leadership skills are the key to a successful business.

One of the most popular places to study in the UK is Norwich. Norwich is a charming city that has an amazing nightlife. If you want to learn more about studying here, then check out this guide to Norwich from Uni Compare which will allow you to see if it would be the right city for you. This website allows you to compare studying in Norwich with studying in other areas of the UK, so if you don’t feel this university is a good fit, you can explore some other reviews.

Business Administration

Most of the successful entrepreneurs around the world have completed a business administration degree. This degree covers most areas of business including accounting, finance, marketing and administration. If you’re setting up a business or are wanting your business to expand, then a business administration degree can help you achieve this.

Computer Science

Technology has changed the business world a lot in the last ten years. Business owners are now expected to be able to implement and use new technology in their businesses. A computer science degree will teach you how to integrate technology into your business, which is extremely important as most business transactions are now completed online.

Accounting

All business owners should consider completing a degree in accounting. This course will teach you the skills you need to prepare financial statements, file taxes and much more. Hiring an accountant for your business can be expensive, so being able to do it yourself could save you (and your new company) a lot of money.

Law

Almost all businesses have to hire a lawyer to deal with the legal aspects of their business. Business lawyers help you make sure that your business complies with local laws and regulations. They will also help you create contracts, buy property, obtain licenses and file taxes.

If you choose to complete a law degree, you will be able to save yourself a great deal of money. You will have the skills needed to deal with any legal matters and you’ll be able to make appropriate decisions instead of outsourcing your legal matters to a business lawyer.

Analytics

Analytics is crucial to the expansion of any company. Businesses need to be able to obtain and use information from external and internal sources properly. A degree in analytics will teach you how to collect data, how to analyse it, and how to improve your company by using it.  

Industrial Engineering

You may not expect to see a degree in industrial engineering in this list. When we think of engineers, we don’t usually think of a CEO, but a degree in industrial engineering can give you the knowledge you need in a number of business areas from supply-chain management and policy analysis, to cost planning and project management.

Most industrial engineers have the imagination and critical thinking needed to create a successful business. Engineers often have a good eye for detail and they're able to use a range of technological and information systems. All of these factors are reasons why a degree in industrial engineering is a great choice for people wanting to start their own business.

Lots of us dream about starting our own businesses, but it’s often harder than we think. Completing one of the above degrees can help you achieve your dreams. Which one would you choose?

 

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