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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