What major to study for doing business?

What major to study for doing business has become a “big” question for many young people about to enter university. In the era of rapid economic development, doing business and becoming wealthy has become a “desire” of many people. Therefore, if you want to learn more about what major to study for your passion for doing business, check out the helpful information below!

1. About business

In simple terms, business is about “beneficial” trade and exchange activities between entrepreneurs and consumers. Companies will carry out production activities to produce products and services to serve the needs of consumers; after that company earns profits calculated in currency, for example, in Vietnam Dong.

As time went by, with the explosion of Industrial Revolution 4.0 and the application of technologies, many new businesses were born. Therefore, the knowledge and skills of each profession have also changed remarkably.

2. What major to study for the passion of doing business

Now that we all know what business is, then the next question is what major to study for your passion for doing business? This is not an easy question to answer as everyone has their own strengths and passions. Here are a few specific majors and academic fields to refer:

Business Administration

Business Administration is one of the most popular and “traditional” options. The study programs provide theories and practical skills of business administration so students can make successful business strategies and understand what entrepreneurial skills and risk management are.

International Business

International Business is suitable for those who are passionate about global trade. In this major, the training program is very diverse with in-depth knowledge such as: Logistics, International financial planning, Trade promotion, Public affairs.

Marketing

For those who love sales and communication, Marketing is a great choice. Students will be provided with knowledge of marketing skills and how to “exploit” Digital Marketing – a dominant trend in the modern marketing world.

3. Knowledge and Required Qualities

Knowledge

Business students will be equipped with basic economic knowledge, such as Macroeconomics and Microeconomics, Monetary and Financial Theory, Accounting principles, Basic marketing, Organizational management,… After the first year of gaining basic economic knowledge, students will continue to learn in-depth knowledge of their majors.

Personal qualities

Besides having specialized knowledge, if you want to pursue business, you should have qualities such as: being passionate about trading, enjoying calculating numbers, socializing, interested in learning economics.

4. Career prospects and Salary

Although the business sector has specific divisions, career prospects are very diverse in reality. For example, with a Marketing degree, you can work in the marketing departments of private companies, agencies, as well as join a media – advertising company or a travel agency,..

With a Business Administration degree, you can apply for many positions such as sales specialist, assistant manager, regional sales leader,…

The salary in the business industry depends on your job position. For example, if you work as a human resources manager, you will have a fixed salary. Meanwhile, if you work in marketing or sales positions, there will be a commission or bonus based on the sales revenue. But it also means there will be more pressure.

We hope that you have found the answer to the question of what to study for doing business after reading this article. You may ask for some advice from teachers, friends or relatives for more suggestions to make the most suitable choice.