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Education is crucial for success, whether through traditional college, trade schools, or self-taught methods. Explore vital areas such as finance, accounting, supply chain management, marketing, and entrepreneurship that form the backbone of business education. Learn about education options, factors to consider when choosing a program, and great careers that don't require a degree. Understand how to finance your college education through scholarships, loans, and work-study programs, ensuring that you make informed choices for your future.
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Education • You will all need to educate yourselves in one way or another.
Business Courses/Programs • Finance – Management of money (Investments, Banking, Should company provide stocks or bonds, etc.) • Accounting- Tracking and evaluating how money is used by a companies (CPA) • Supply Chain Management- Finding the best way to get products to customers.
Business Courses/Programs • Marketing- Promoting/Advertising Products • Entrepreneurship- Starting and running your own business • Management Information Systems- Mix of Business and Technology. Using technology to run more effectively and efficiently • Economics- The Study of how people, business, and countries make choices
Getting an Education • Education Options ( Start looking ASAP) • Traditional College • (Community College, University, Liberal Arts, etc.) • Specialized/Trade School • (Carrington, Tucson College, Universal Technical Institute, Empire Beauty School,) • Military • Internships/Apprenticeships • Self Taught (Books/Internet/Youtube/about.com, etc.)
Factors to consider • Costs • Location • Size • Program/Major • Compatibility • School Reputation • Faculty/Student Ratio • Job Placement • Best Value
Is trade school or traditional college right for me? • Depends on career choice. • Costs: Cost Should not be way more than What you will make • Universities: High cost vs. value • University of Phoenix, ITT Tech, DeVry, Kaplan • Example: • Nursing- Makes great money, but few schools have it. A high priced school might be worth it.
Why are Degrees, Certifications, & Certificates Important? • It is documented evidence that you know what you are doing. • They can’t be taken away from you • Provide a save point (like in games) to start from again
Great Careers that Don’t Require A Degree within Business • Entrepreneur • Sales Representative • Restaurant Manager • Hotel Manager • Financial Advisor • Insurance Agent • Marketing/Advertising • Event Planner • Real Estate Agent • Executive Assistant • Customer Service Representative • Loan Officer • Cashier
How to Pay for College • Work and pay as you go • Community college • Credits from CC can transfer • FAFSA • Always fill this out (beginning of the year) • Can lead to grants (free money), on campus work, and is required by most scholarship applications • Scholarships • Most schools have a general scholarship app. • Fast Web, Scholarships.com, school website
How to Pay for College • Student Loans (Only borrow what you need) • Last resort, remember don’t go to an expensive school unless you can pay for it when you graduate. • Subsidized Loans- Government pays Interest while in school • Unsubsidized Loans- You must pay interest • IF YOU NEED MORE THAN WHAT THE GOVERNMENT HAS GIVEN YOU, THEN YOU SHOULD RETHINK THE SCHOOL YOU ARE ATTENDING OR HOW YOU ARE SPENDING THE MONEY! • Don’t use Personal loans, Parent Plus loans, bank/credit union loans, • Military • Start saving money as soon as you can!