Getting
Down to Business
the American Way
Once
you've decided to study business in the United States, you may feel as
if you've decided to swim the English Channel. What college should you
take? What business field should you major in? What classes should you
take? All are questions that swim in the minds of nearly every college
student in the United States and around the world, but that's where the
many highly accredited colleges and universities come into play.
Schools
from every region of the United States have outstanding business programs
and faculty that continually guide national and international students
through the waters of the business world, smoothly and confidently.
Some
1,600 United States universities have business programs in their curriculum,
but only a select number can boast an accredited program. The International
Association for Management Education (formerly the American Assembly of
Collegiate Schools of Business), the premier accrediting agency for college
degree programs in business, has awarded accreditation to 355 programs,
including noted institutions such as Harvard University, University of
Pennsylvania, Columbia University, Pennsylvania State University, and
Widener University. Business is business, right? Wrong. Once students
decide on a college to attend, choosing a major becomes the next significant
decision.
Business
administration is the most popular field of study for foreign students,
according to statistics provided by 'Open Doors 1997/98', published by
the Institute of International Education. More than 21 percent of foreign
students in American colleges are pursuing business degrees. The business
major in the United States is broad, and encompasses specialized fields
of knowledge; depending on which major students select, they can expect
to learn the basics in accounting, management, economics and finance.
Besides the primary majors, colleges all over the United States offer
degrees in other areas, such as advertising, health care administration,
hotel and restaurant management, real estate, banking, international business
and insurance.
The increased
popularity of and dependence upon computers and the Internet has influenced
just about every United States university to incorporate business technology
programs into its curriculum. Courses in E-commerce, information systems,
data mining and other technology-based areas are giving business majors
more opportunities to choose the most suitable field of study.
The
Company Way
One of the biggest
advantages for studying business in the United States is the close proximity
to the many large, well-known corporations with headquarters in metropolitan
areas such as New York, Los Angeles, Philadelphia, San Francisco, Boston,
and Washington, D.C. These companies are constantly offering job opportunities
to college graduates with business degrees.
Some
companies offer internships and co-ops for students to gain experience
in business and industry. A college degree is invaluable to an individual
searching for a good paying job, but experience is just as important.
Students in the United States who use an internship or participate in
a cooperative education while in college will have a leg up on the competition
when it comes time to sending out resumes and pitching credentials to
prospective employers. United States colleges encourage students to take
these opportunities by offering them a full gamut of internship and co-op
possibilities to help them acquire the skills necessary to enter the competitive
job market. Not all students with undergraduate degrees are heading straight
into the work force. Many are taking the next step to success in the business
management field - an advanced degree or a master's degree in business
administration (MBA). Many colleges and universities in America offer
graduate-level programs that offer a wide range of business facets.
More
than the Basics
The primary
purpose of an MBA is to provide theoretical and practical training in
general or senior functional management. An MBA is a career accelerator,
indicated by the huge number of MBA graduates who are commanding high-paying
jobs after graduation. About 100,000 MBA students graduate from business
schools each year. More and more companies in the United States are encouraging
their employees to pursue master's degrees. According to 'Training Magazine',
employers in the United States with more than 100 employees are spending
a record $60 billion annually on education and training of their work
forces.
Those
pursuing MBAs in the United States aren't just aspiring accountants, economists
or Wall Street employees. Many students in other areas of study - including
hospitality management, psychology, human resources and engineering -
are attaining MBAs to broaden their experience and learn the business
side of their trade. Basically, an MBA is invaluable in increasing a student's
position of power, expertise and earning potential.
Learning
without the classroom
Another trend
that is gaining steam in the United States is distance learning. Working
adults who want to earn either bachelor's or master's degrees in business
do not have the same flexibility as younger students - balancing time
on the job and time in the classroom can be extremely hectic. Colleges
across America have realized this strain on working adults and have jumped
into the realm of on-line education.
Now,
students can earn their degree online rather than trying to schedule classes
around their busy lives. Rather than engaging in direct classroom interaction
with a professor, students can receive their assignments on the Web and
e-mail them back to their teachers. Not all universities and colleges
offer distance education, but in time, just about every institution will.
Deciding
to pursue a business degree in the hustle and bustle of the United States
is a major decision, but the rewards are numerous. Once you take the plunge
into the waters of its business world, you may never want to get out.
Author
John Mantino
Widener University
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