If you want to go above and beyond in the field of business, the best way to do that is by getting your terminal degree in business. If you’re not sure what this means, or even what the difference between a terminal and an undergrad degree are, don’t worry! In this post we’ll take you step-by-step through what it takes to get your terminal degree in business, as well as how you can use this knowledge to find the right program and school for you.
Terminal degrees are the highest level of education you can achieve in a particular field. According to Dr. Leslie Campbell, an associate professor in business administration and management at Southern New Hampshire University (SNHU), having the credential might help you gain industry credibility and demonstrate expertise in your field. It may also help you advance your career into higher education, enter a professional field that requires a terminal credential or help you change your course altogether.
1) Define your career goals
Aspiring entrepreneurs, take note: your first step on the journey towards becoming a business owner is to decide what you want out of your career. For example, do you want to build something from the ground up or work for a large, established company? Do you want the freedom of being self-employed or prefer the security of a fixed salary and benefits? These are all important questions that need answering before choosing which degree will best suit your needs.
2) Understand your options
There are different types of terminal degrees available, and each one has its pros and cons. If you’re considering getting a terminal degree, the first step is to know what your options are:
1. A Master’s Degree in Business – You can pursue a Masters degree as an undergraduate or post-graduate student. A Masters degree typically takes 2 years of full-time study, so it’s best if you already have a bachelor’s degree under your belt. The benefit of pursuing this type of terminal degree is that employers will be more likely to hire you with an MBA title over other titles like degree holder. The downside is that this type of program is usually very expensive and time consuming.
3) Make a list of your skills
#1 List skills that are relevant to the degree you want.
#2 Research what the requirements are for your desired degree. #3 Create an outline of your classes.
#4 Get started on your application, or set up an appointment with a counselor at the school you want to attend.
#5 Follow up with your school and let them know when you will be applying for admission.
4) Get real life experience
Getting real life experience is crucial for those who want a terminal degree in business. It will give you hands-on experience and help you develop the skills that are not taught in school. If you don’t have any work experience, find volunteer opportunities or internships. Networking with professionals will also help you develop your career path and make connections that could lead to future jobs.
5) Choose the best path
Begin with a bachelor’s degree from a reputable university. This course of study will not only provide you with the necessary background knowledge, but it will also provide you with a high level of job security and increased earning potential.
2 2. 2 Obtain an internship, volunteer position or entry-level job in your field to gain experience and connections before advancing to the graduate level. You will be better positioned for success if you are already familiar with the industry when you apply for master’s or doctoral programs.