What to consider when selecting your business degree

Interested in leading the future of business, but not sure which degree or major is right for you?

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Choosing a business major can be daunting. From human resources to marketing and commerce, the types of business degrees available are vast and varied. That’s partly because the career paths in business are equally as dynamic and diverse – but how do you find one you love?

Here are some questions to help you choose a degree that’s industry-focused, globally relevant and suited to your unique skillset.  

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What are the current and forecasted trends in business?

Knowing what’s impacting the business world today is crucial in understanding what could shape it tomorrow. Some of the fastest-growing technologies and in-demand skillsets in business include: 

  • Blockchain: Australia’s CSIRO/Data61 group reports greater than 200% job growth year-on-year in blockchain skills since 2015. Skills in blockchain also topped LinkedIn Learning’s list of in-demand hard skills for 2020.  

  • Artificial intelligence: Named by LinkedIn Learning as the fourth top hard skill to possess in 2020, demand for knowledge in AI and machine learning will grow as businesses shift towards personalised marketing strategies and automated targeting. 

  • Data analytics: “There’s an increasing demand for people who don’t just have the technical skill to understand the data, but the ability to ask what the data means and communicate it,” says James Harland, Associate Dean of Student Experience and Professor in Computational Logic at RMIT. 

Through RMIT’s Bachelor of Business Innovation and Enterprise, you won’t just have the flexibility to study these current and upcoming trends in business - you’ll also get to experience them. From blockchain accounting and understanding AI, to data analytics and more, the degree will help you graduate with the experience to lead tomorrow’s business transformations.

Which transferrable skills could help you adapt to anything?

With over 10.5 million Australians experiencing a change in employment as a result of COVID-19, and 10% of those now working from home, the future of work will look very different. 

Remote project management, adapting quickly to current issues, and the ability to collaborate with others are some of the top skills employers are already seeking. In the future, these skills will become even more valuable as businesses continue to adapt to change.  

Respond to the global challenges of today while preparing to become a business leader of tomorrow through the Bachelor of Business Innovation and Enterprise at RMIT. You’ll gain skills that are transferrable throughout many areas of business, including:

  • Managing global and remote teams 

  • Negotiating and influencing

  • Technology transformation for small to medium enterprises 

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What kind of practical experience could you gain from the degree?

Work integrated learning, industry connections and practical experience are what set business graduates apart. It helps you gain experience for your resume, and the confidence to apply your classroom theories to real-world issues and businesses.

“It’s such a great experience when you’re out working for a real-life company and think, ‘Hey, I’m actually using that skill I learnt in that class in first year!’” says Paris Cuttler, a current Business student at RMIT. 

Industry engagement is core to your development during the Bachelor of Business Innovation and Enterprise. Not only will you benefit from industry connections with tech giants such as Adobe and Cisco, but you’ll also enjoy the benefits of RMIT Activator workshops, internships, industry collaboration tools, and global platforms where you can address real-world issues.

Does the degree give you flexibility to explore your interests?

Perhaps you’re interested in a variety of business specialisations and you’re still trying to work out which one is right for you, or maybe you’re not quite sure where to start.

But what if there was a way to build your own business degree as you experience it? 

The Bachelor of Business Innovation and Enterprise makes this idea a reality. Your core units (also known as capability subjects) will help you develop professional skills that apply to all areas of business, like working collaboratively and decision making. 

In addition to these, during each year of the degree you’ll get to experiment with a variety of research areas. These will develop your business acumen in industry-relevant areas, giving you the opportunity to specialise further once you’ve found an area you really enjoy.  

Will the degree help you get a job now and sustain it in the future?

Gaining transferrable skills, becoming well-versed on industry trends, and gaining practical experience are all good ways to ensure future job stability. 

RMIT’s Bachelor of Business Innovation and Enterprise will prepare you for a wide range of careers at the intersection of business and technology.  

As a graduate, you will have a deep understanding of how businesses function, highly developed project management skills, and the ability to create and innovate in technologically-enhanced environments. You will also have a strong professional persona, excellent industry networks and a portfolio of real-world outcomes that have been developed throughout your studies. 

Experience the industry, gain the real-world edge and be ready for what’s next at RMIT. 

 

Story: Pallavi Daniel

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