Discover What You Will Go Through in a Business School

Are you a student with aspirations of pursuing a business education? Then, you might want to pursue your study at a graduate school of business. Although it is still a long way ahead, you might want to know a little bit about what to expect. Let’s take a look!

Business School

A Business School, also known as a School of Business or School of Management, is an educational institution where students can pursue a bachelor's degree or postgraduate-level education focused on business administration and management.

Topics of Study at Business School

Business Schools are specialized educational institutions that focus on subjects related to business and finance, similar to other post-secondary, higher education institutions. These schools offer programs in areas such as accounting, finance, marketing, and entrepreneurship. Some Business Schools even provide specialized programs in less common fields like actuarial sciences or taxation law.

Just like other educational institutions, there are rankings that assess the quality and reputation of specific Business Schools. These rankings, published by organizations like The Financial Times, The Economist, and BusinessWeek, help students evaluate the prestige associated with different schools. While the rankings may change each year, some schools consistently receive high rankings. Examples of such schools include the Stanford Graduate School of Business, University of Chicago's Booth School of Business, London Business School, Harvard Business School, and University of Pennsylvania's Wharton School.

While top-ranked Business Schools excel in various areas, they often have specific strengths for which they are well-known. For example, the Wharton School is renowned for its excellence in finance, while Harvard Business School is recognized for its comprehensive managerial education.

Skills and Characteristics of Business Students

Having excellent communication, public speaking, and writing skills can be really beneficial for those pursuing careers in business administration. Professionals in this field often engage in conversations and interactions with others, both in small and large groups, within and outside an organization. According to a recent survey by NACE, 82% of employers consider strong writing skills important, while 67.4% value strong verbal communication skills. It's also worth noting that more than 67% of employers look for evidence of leadership skills when reviewing job applicants, suggesting that business students should focus on developing their leadership and management abilities.

Furthermore, what you study in business school can play a significant role in shaping your career. In the business world, new technologies, methodologies, and markets continuously emerge, requiring business professionals to analyze and make appropriate decisions. Thus, having strong analytical skills is also desirable. These skills involve understanding the cause-and-effect relationships among different organizational functions, marketplace dynamics, and financial opportunities. By honing these skills, you can better navigate the complexities of the business landscape and make informed decisions throughout your career.

As you go on your journey towards business school, remember that it holds a great potential for your personal character and your career in the future. Dare to dream big, seize the opportunities that lie ahead, and prepare to embark yourself in the dynamic world of business school.