Imagine yourself as an electrical engineer, who has been promoted to the position of Chief Electrical Engineer responsible for a team of professionals with varied years of experience in the company and in engineering. One of the goals any managerial position is to ensure that the business unit or department is a functioning profit center with controlled costs and maximum revenue / outputs.
An engineering degree would not teach you how to do this, would it? Would you be confident in this position that requires cost accounting, internal communications, auditing, benefit analysis, HR management and payroll management? None the less you are expected to lead this unit/department and ensure that the strategic objectives of this group are met.
What would anyone do in such a daunting situation? They would need to learn the ins and outs of managing a business unit or department and implement the same in a short span of time. How do you do this? Through a business management top up degree through distance learning. Alternatively, you could plan for future growth and development and pursue an MBA (Master of Business Administration) instead.
Now, you may question how and why would a generic business management or administration degree help? Let us discuss some points as to why a business degree is important:
Firstly, working in any profit-making organization is more diverse that you may have imagined. In an leadership position, you are required to ensure that you lead your team effectively and by example. That you are a true motivator to your followers and use their capabilities and skills to achieve the goals of your team. Business degrees are an eye-opening remedy for new leaders looking to up their anti.
Next, major duties of an effective manager are to make confident well researched decisions on behalf of the team, organize the manpower and resources to effectively complete all duties and ensure productive results and most importantly, to work alongside the dynamics of the team to ensure harmony and co-dependence in the long run. A manager who enrolls for a business management degree top up distance learning program (undergraduate course) or for a part-time MBA (postgraduate course) would be equipped with the required knowledge and know-how of effective team management.
In addition, business admin degrees are deemed necessary in the current world due to the intense competition between organization as well as in recruitment world over. Any organization would demand to hire a leader who has valuable experience to contribute to the growth and stability of the organization. But these managers are not easy to find and those who are capable are usually already in satisfactory employment. So how do you capitalize on this? You need to enroll onto a business program with a reputed business school who will aide in your search for brighter and more fruitful ventures.
So why do we call business administration degrees a gold mine, it is because these degrees are such versatile qualifications that they can assist almost any one in any walk of life. If you are a qualified engineer, a drop out from high school, a dedicated entrepreneur, a technical guru or even a mompreneur! (a woman who sets up her own business in addition to caring for her young child(ren)).
The versatility of these degrees is further highlighted in the manner in which one can gain this these qualifications. From distance learning, to purely online, to part-time evening classes, the options are as varied as the number of schools that offer these courses. All you need to ensure is that you are registered with an accredited university and that you have a reliable internet connection to study from the comfort of your home or office.
Lastly, in 2016, 95.1% of undergraduates and 95% of postgraduates who have successfully completed a business management top up degree online or an MBA through Edinburgh Napier University have within 6 months experienced success either in work or further education. (HESA 2015/16)