What is the best business degree to choose?

Question

I'm currently attending college and taking science classes, because I was thinking about majoring in Biology. But, now I'm thinking about seeking a degree in business instead. It's just that I really don't know the difference between a degree in business administration, business management, and etc. Please, any help would be greatly appreciated. Thanks!

Additional Details

What gets you the most money?

Answer 1

Best Answer - Chosen by Voters

depends on the majors, there are 11 main majors with bachelor of business. and you have to have a concentration aside from the core. just choose by yourself:

1. Accounting: designed for students seeking careers as professional accountants or in any financial area of business. The course combines sound accounting principles with practical business applications.

2. Business Law: supports students' employability in careers such as accounting, management and marketing.

3. Economics: designed for students intending to pursue a career as business economists or economic consultants or in a wide range of corporate management roles.

4. Electronic Commerce: designed for students seeking careers in electronic commerce, information systems and mainstream business disciplines.

5. Finance: designed for students who propose to follow a career in finance. Graduates in finance are to be found in stockbroking, investment management, financial advisory roles and the finance division of all types and sizes of companies.

6. Human Resource Management: provides the theoretical and practical foundations for a human resource management practitioner.

7. Industrial Relations: designed for students who wish to acquire specialist skills for a career in industrial relations or human resource management in the public or private sphere or in trade unions. It is only available in conjunction with a Major in Human Resource Management.

8. Information Systems: designed for students seeking careers in information systems and mainstream business disciplines.

9. International Business: designed for students intending to pursue a business career with an international focus.

10. Management: designed to prepare students for a future in management and focuses on understanding people at work and how organisations operate.

11. Marketing: designed to provide appropriate education for students seeking a wide range of positions in the marketing, sales and marketing communications sector.

Answer 2

The difference between business administration and business management is usually just a matter of what the school decides to call it. Within business, though, you probably will have to decide between management, finance, marketing, accounting, and perhaps some other areas like information systems, entrepreneurship, and international business. In general, if you are interested in the money side of business, go for finance or accounting, if the people side, look at marketing or management. If computers, information systems.

Answer 3

Accounting hands down...you can work in all the other business fields with this degree, but you can not work in the Accounting field withouth an accounting degree.

Answer 4

I assume you want to major in biz because it's practical. Anyway, in general, a libearal arts degree will not land you a job right away, but it will definitely help training your brain. You'll be able to see things from a different perspective, and this is a skill that is essential not just for a job but to live your life wisely.

But if you want to stick to biz admin, I'd do accounting.

I didn't study business in college. But if I were to do a biz major, I'd do accounting. You don't have to do it to become an accountant. You can use accounting as a solid foundation in business. I've known many people who start out doing accounting. And once they've moved up higher, they have many options (finance, marketing, etc.) to choose from. This happens in both prestigious and non-prestigious firms. You can simply use your experience in accounting as a stepping stone to climb the corporate ladder.

In case you're also considering finance, I'd say don't study it. Although if a finance job is what you want, study either accounting or mathematics/statistics. In the finance field, you have to be strong in at least one of those things. It'd be hard for someone to REALLY make it in finance, especially investment banking, without being good in math. There're plenty decision makers in finance that studied math in college.

I hope you find what you like. It's good to think about money (because you need to look out for yourself), but you also want to enjoy your job at least a little. A few years ago, studying computer science was the thing. But now you can see that many computer guys are being replaced by Indians. This could also happen to any other jobs out there. Whatever you decide to study, make sure that you'll have the essential skills that will help you survive (to changes in your job or in life in general).

UPDATE: I just saw your extra question about salaries. At this point, accountants don't make much money compared to many other jobs. But it's easy to find an accounting job. For finance, not all of them make good money. Many people go into finance thinking that they can make millions. Yes, the guys on Wall Street make millions, but they have their PhD's--in engineering, physics, math. I can bet with you that none of them did their undergrad in finance. Prestige aside, in the long run, nurses make very good money when compared to doctors (you need to take into account debts that med, dental, or pharm students go into).

Ultimately, it's your decision. This gov website might help though:
http://www.bls.gov/bls/blswage.htm