Why study business?
Studying business will put you head and shoulders above the rest and equip you with the skills necessary to excel in a professional business career.
Do you need a professional qualification in business?
Yes, qualifications matter. In our increasingly competitive world you have to stand out from others. Of course experience matters as well, but if you can show potential employers you know the principles as well as the practice you will undoubtedly be a better practitioner and thereby more valuable to an employer.
Which qualifications should you study?
There are two paths you can choose between. These are the generalist and the specialist. The generalist is for those interested in all areas of business. The specialist is for those who enjoy a particular area of business such as marketing, finance or human relations.
If you are not sure which areas interest you, particularly when you are just starting your career, then you should start as a generalist and specialise when you find what you like most. Both paths can lead to senior management positions, as managing director, general manger or chief executive if you are a generalist or the relevant director if you are a specialist.
What other questions should you ask yourself?
You need to consider the reputation of the qualification. Have employers heard of it? Who is the qualification provided by? If it is a British qualification, is it recognised by the British government’s Office of Qualifications and Examinations Regulation (Ofqual) and are its qualifications on the Register of Regulated Qualifications?
Where should you study?
If you study in your own country you will have the support of your family and friends and will not have the additional costs for accommodation and other such items. Alternatively you could study in the UK or other countries. The cost is more but you gain experience of other countries which can help your personal and professional development.
What level of qualification should you study for?
Don’t automatically assume degrees are the only option with an MBA for the generalist and the relevant degree for a specialist. There are other alternatives which can work out much cheaper (and quicker to obtain). Organisations such as the Association of Business Executives (ABE) offer courses from Certificate up to Advanced Diploma and Postgraduate Diploma level. You can choose from six subjects covering business management and specialist areas. More than 50,000 students study ABE qualifications worldwide every year and its qualifications are taught at around 600 colleges worldwide (of which 200 are in the UK).