People with a business degree say it prepares them for a number of jobs, since understanding how to start and run a profitable venture is a major plus in many careers.
“A business degree, whether it is at the undergraduate or Ph.D. level, allows you to understand how to make money off of anything,” Layton J. Cox, a second-year MBA student at Southern Methodist University’s Cox School of Business, wrote in an email.
“Business degree-holders learn the basics of how to determine what a good business opportunity looks like and then how to maximize the amount of money made from this opportunity,” says Cox, who received his bachelor’s degree in accounting from the University of Arizona.
The utility of a business degree isn’t restricted to for-profit companies, says Elissa Sangster, CEO of Forté Foundation, a nonprofit organization that seeks to increase the representation of women in business schools and executive roles.
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