How to choose a business major to study abroad is most beneficial to career planning?

In today's elite workplace competition, it seems difficult to have a smooth sailing without the stepping stone of a prestigious school and the glamorous experience of studying abroad. A large number of domestic graduates go abroad to study in order to get a high starting point in the workplace. Among them, the one-year master's program in Britain attracts a large number of students with its short and pithy quality, and business school is undoubtedly the most popular one.

There is a simple reason. According to authoritative data for many years, there are a wide range of employment options in business, and the graduation salary is generous. Working in the "Financial City" is undoubtedly the standard of high income, and business naturally becomes the best choice for most students who take employment as their primary consideration. For example, this year's application for studying in the UK is very popular. The dean of SBE Business School, who ranked in the top 65,438+00 in the comprehensive ranking of British universities in 2065,438+08, mentioned: "The latest data shows that the students of Loughborough University Business School are outstanding in the job market."

But business is a broad concept, which contains many first-class disciplines and two disciplines branches. As a business subject, the content of knowledge you have learned may be quite different, and the career direction of your peers will also be very different. If you choose carelessly, you will inevitably take detours and miss the opportunity of career development. Aiming at this topic that students are generally concerned about, this paper talks about the business direction of studying in Britain and gives some practical guidance from the perspective of students' career development.

Business majors have both connections and differences; Different universities, according to their own advantages, will also make customized combination adjustments to the discipline structure of their business schools. The establishment of business schools in different universities will not only reflect disciplines, but also reflect their own characteristics and highlights. After searching, the author found that Loughborough University Business School, as one of the top business schools in the world with 65,438+0% of the "gold standard" of MBA, AACBS, EQUIS and AMBA, its curriculum includes traditional hot topics, such as economics, finance, management, marketing, human resource management, MBA, etc., and also provides some comprehensive subject courses that are very targeted for career development, such as International Business, etc. These courses can basically cover all career trends of business docking. The following is an interpretation of different business categories and career development with this year's very popular master's program of Loughborough University Business School.

Someone once concluded that finance tells you what the market is doing, economics tells you what the country is doing, and accounting and management tell you what the enterprise is doing. This is not unreasonable, and it can also guide students' career orientation.

financial

Finance is a branch of economics, and its core is asset pricing. Research on the rational allocation of financial resources can be divided into quantitative finance and non-quantitative finance. Quantitative research direction needs students' mathematical knowledge, and the relationship between finance and mathematics is inseparable at this time. Non-quantitative finance is often combined with accounting, management and law. Students can learn the basic knowledge and ability of enterprise financial management and financial market to meet the basic work requirements of financial institutions, investment banks or enterprise financial departments.

Take Loughborough University as an example. Master courses related to finance include master of finance, master of corporate finance, master of finance and investment, master of finance and management. The Master of Banking and Finance, the Master of Economics and Finance, and the Master of Accounting and Finance, which are not offered separately by Loughborough University, are also common in Britain. It is worth mentioning that the financial courses of Loughborough University (finance, finance and investment, finance and management, corporate finance) have all obtained CIMA certification, and they can be exempted from taking CIMA level 6 courses. This advantage will provide a shortcut for students to obtain the professional qualifications of accounting and finance courses, and it should also be one of the employment factors that students should focus on.

A survey conducted by Loughborough University Business School on the employment of graduates in the financial field shows that a large number of students go to internationally renowned investment banks, commercial banks, financial institutions, accounting firms, management consulting companies and multinational enterprises to engage in financial-related work such as management consulting, securities brokerage, equity research, stock trading, asset pricing, certified public accountants, financial management and portfolio evaluation. Examples of well-known enterprises in which they have worked are as follows:

Hongkong and Shanghai Banking Corporation (HSBC)

Morgan Stanley (Morgan Stanley)

Bank of JPMorgan Chase (JP Morgan)

union bank of switzerland

Standard Chartered Bank

Virgin (virgin)

Four big accounting firms

etc

economy class

Economics mainly studies the relationship between production and consumption, and optimizes the rational allocation of social resources from the perspective of macro-and micro-economics. It requires high mathematical ability, is theoretical, and is closely related to a country's policies and social life. Therefore, studying economics can better understand what the country or the international community is doing. In order to make the research on the general direction of economics more specific and closer to reality, the teaching of economics is often combined with finance, investment and banking. In fact, these merged branches are also branches of economics, but they are more targeted.

For example, the courses offered by the School of Business and Economics of Loughborough University in the field of economics include: Master of Science in Banking and Finance; Master of Economics and Finance; Master of Science in Economics and Business Strategy; Master of Science in Economics and International Business. In this way, students majoring in economics can not only get in touch with the theoretical height of economics, but also learn the knowledge that has been integrated into specific fields. The scope of employment can also be extended to financial institutions (such as HSBC), financial departments of multinational enterprises (such as Siemens), international trade, enterprise investment management and strategic consulting, international organizations, international NGOs, central banks, policy banks and central and local governments.

Management class

The scope of management is wider, from theoretical management to international business management, financial management, marketing, business strategy analysis, information data management and human resource management. The direction of management is closely related to the activities of enterprises. Management can be the management of people (human resources), legal persons (company organizations), figures (information, data and finance) and strategies (marketing and business analysis). Accordingly, taking the School of Business and Economics of Loughborough University as an example, within the scope of management, the common courses are as follows:

Management direction of Master of Science management (management), Master of Science international business (international business), Master of Science finance and management (finance and management) and Master of Science international management (international management); Master of Science in Marketing; Master of science in business analysis consulting in business analysis direction; Master of Science in Information Management and Business Technology in Information and Data Management; Master of Science in Human Resource Management, Master of Science in Employment Relations and Human Resource Management, Master of Science in Work Psychology and Master of Science in Business Psychology are the directions of human resource management; There is also the MBA course Loughborough MBA and so on.

Graduates majoring in learning management have a variety of employment directions and are distributed in all walks of life. Compared with economic finance, management knowledge is closer to the internal operation mechanism of enterprises, and graduates can participate in various activities of enterprises and engage in departments that are essential for almost every enterprise and organization, such as marketing, brand public relations, finance and administration, financing and investment, recruitment and training. At the same time, management is comprehensive, and graduates can also contribute to public utilities such as financial institutions, government departments, international organizations and non-governmental organizations. As for the MBA graduates, most of them have obtained or joined the senior management positions of enterprises in all walks of life, or run their own companies and make decisions in many aspects such as company operation, market, finance and investment.

Internet increases data information management

It is worth mentioning that in today's era of Internet big data, especially in the context of the explosive development of the Internet in China, there is an increasing demand for talents with technical data processing and big data management and analysis capabilities. Students who are interested in data analysis and information technology may wish to study information management, such as The Times and CUG 20 18, which rank first in the UK. And Loughborough University's information management and business technology [1], which ranks first in the UK in terms of the employment prospects of Time 20 18 graduates, has invested in the job market in China. Imagine that the prospect of its graduates will only be brighter, which is another popular business choice that China college students can consider. Under the current social trend, there is much to be done for talents who have inserted commercial wings into their existing technical knowledge, understand technology, have data thinking and are well versed in enterprise management.

Finally, according to the survey conducted by the School of Business and Economics of Loughborough University, the employment destination and work information of some management graduates are listed as follows for the reference of prospective international students:

Head of human resources at Bank of America.

Decathlon)-Belgium, Head of Department

Head of Data Marketing, Leicester City Council

Tesco management trainee

Hsbc management trainee

Certified public accountant of Royal Bank of Scotland.

Business analyst at Santander Bank.

Accenture project manager

Barclays bank

Birmingham airport project manager.

Rolls-Royce Customer Management Manager

German E.ON Group Risk Assessment Engineer

etc

Study business with career aspirations.

Learning business, except for a few students who embark on the road of business academic research, most of them take job hunting and entrepreneurship as their primary goal. When training talents, business schools also expect students to have career dreams. For example, Professor Jim Sack, director of marketing discipline at Loughborough University Business School and chairman of Ford Industrial Retail Management Company, said: "We are more inclined to recruit students with career ambitions and ambitions. I hope they will actively participate in various activities organized by the school's student career development support team and make full use of the resources they have studied in top business schools. For example, the college holds campus job fairs with hundreds of employers every year, and invites well-known enterprises to give free lectures on students' career planning. "Indeed, top business schools not only teach knowledge, but also have close ties with all walks of life, which is a valuable resource comparable to the teaching level. When choosing business majors and business schools, remember to take career prospects as the criterion. I hope all the students can make their own choices, have a smooth study and have a successful career.

[1] Times and Sunday Times (Good University Guide, 20 18), Complete University Guide, 20 18.