By Christine G., IvyWise College Admissions Counselor
Studying business as an undergraduate is very exciting and will open doors to a wide variety of career paths and opportunities. As a future business student, you may be unsure which major to choose — and you’re not alone. The good news: The world of business offers a diverse range of academic paths that cater to almost every interest and skill set.
7 Business Majors to Consider
There are many areas of business to explore, so it’s important to find the one that aligns best with your interests and career goals. These seven undergraduate business degree programs may be offered as standalone majors or concentrations within a business major. While there are more options to explore beyond these seven, this is a great place to start.
1. Finance
If you are analytical, good with numbers, and fascinated by markets, finance is a great major to consider. Finance students study international markets, financial planning and analysis, investment strategies, corporate finance, and risk management. A student studying finance will graduate with the knowledge of how to manage capital for both individuals and organizations.
In addition to core finance courses that focus on financial management and investing, finance majors typically take quantitative and analytics courses as well as classes that explore financial markets and how different financial products work. Students can customize their path through electives such as portfolio analysis and management, real estate finance, financial technology, and more.
Potential career paths include:
- Investment banking
- Corporate finance
- Financial planning and analysis
- Asset management
- Financial advising
2. Accounting
You may want to try accounting if you are analytical and detail-oriented, have good technical skills, and possess strong ethics and integrity. Accountants are often responsible for keeping companies in compliance with laws, budgeting effectively, and reporting accurately to stakeholders.
For this major, students can expect to take foundational courses in accounting, as well as coursework in taxation, auditing and assurance, accounting information systems, and business law. Electives allow students to specialize in an area of interest. You may want to consider a curriculum that prepares you to become a Certified Public Accountant (CPA) or Certified Management Accountant (CMA), if that’s your goal.
Potential career paths include:
- Auditing
- Tax consulting
- Forensic accounting
- Controllership
3. Marketing
If you have a creative side and are interested in consumer behavior, branding, and communication, then marketing could be a great choice for you. Marketing majors learn about the importance of target markets, how to build a brand and communication strategy, and how to promote products and services that drive engagement and sales. Strong marketing is key to increasing revenue in any business.
Core marketing courses cover consumer behavior, market research, marketing foundations, and strategy. Students also study digital marketing, creative and strategic communication, marketing analytics, sales, and customer relationships. Marketing majors can dive deeper into specific interests through electives and hands-on learning opportunities.
Potential career paths include:
- Market research
- Public relations
- Brand management
- Advertising and digital marketing
- Content and SEO marketing
4. Operations/Supply Chain Management
Are you intrigued by supply and demand, capacity planning, inventory management, and logistics? If so, an operations or supply chain management major is a great option. Students studying these majors learn how to efficiently manage the production and delivery of goods and services for an organization.
The standard curriculum includes foundational business courses in addition to courses specific to operations and supply chain. Students also study analytics and modeling, project and process management, strategic operations, and global supply management.
Potential career paths include:
- Operations and logistics management
- Procurement
- Process improvement consulting
- Forecast/demand planning
5. Information Systems
If you are drawn to technology and curious about how technology can support business operations and decision-making, you should explore an information systems program. Students studying information systems will learn how to align tech strategy with business goals, design and manage an organization’s database, and protect systems from data breaches.
The information systems curriculum typically includes core courses in information systems and database management, as well as programming, data and analytics, cybersecurity, and networking. Students also take foundational business courses.
Potential career paths include:
- Systems analyst
- Data analyst
- IT consulting
- Database administration
- Cybersecurity analyst
6. International Business
An international business program can be a great option if you have a global mindset and are interested in learning about how businesses work across different countries, cultures, and economic systems. With so many organizations today conducting business across borders, having a strong foundation in international business can help you find success in any industry.
As an international business major, you can expect to study foundational business concepts and take courses specific to international business. Many students in this major also take complementary coursework in foreign languages, regional studies, international relations, and international business law. Look for programs that include experiential learning, such as study abroad or international internships.
Potential career paths include:
- Global supply chain or logistics
- Multinational corporate strategy
- NGO or non-profit development
- International trade policy
7. Entrepreneurship
If you have big ideas about building something from the ground up, then pursuing an entrepreneurship major could prove useful. Entrepreneurship majors will learn how build a successful business in today’s world while focusing on innovation, strategic planning, and raising capital.
Entrepreneurs need a strong foundation in core business concepts, so courses like business strategy, management principles, basic finance and accounting, and marketing fundamentals are often part of the curriculum. Students often take courses focusing on new venture creation, small business management, the entrepreneurial mindset, and funding/venture capital. In addition to courses, students typically participate in experiential learning experiences like entrepreneurship incubator programs, pitch competitions, internships, and small business consulting projects.
Potential career paths include
- Startup founder
- Small business owner
- Venture capitalist
Finding Your Best-Fit Business Programs
Now that you’ve learned about some of the most popular business majors, let’s talk about how to research which programs align with your career goals and interests. First, it’s important to note that not every undergraduate business school offers majors or concentrations in each of these areas. That’s why it’s important to explore what programs are available at the schools you are considering for your college list.
Research Program Requirements, Courses, and Faculty
A great first step is to look into the specific major requirements and course offerings. If those look good, dig into the faculty biographies. Having the ability to learn from a professor who has practiced in their field and can provide real world examples, especially in a business setting, is invaluable. Professors who have spent time working for interesting organizations can also open doors for future career opportunities and expand your network.
Check Out Career Services
Another important consideration when researching business programs — and colleges in general — is what kind of support and resources are provided by the career services office. Would you receive resume assistance and mock interview preparation? Does the career services office host events throughout the semester for students to learn about various career paths and engage with potential employers? Good career services offices have high job placement rates, and you may be able to see which employers are on campus recruiting students for internship and full-time opportunities.
Business is a unique field because it affects every organization across all industries. Because of that, a business degree will be useful in any career path. If you’re still undecided about which area of business to pursue or need help identifying your best-fit programs, IvyWise counselors can help you find your way. Contact us today to learn how we can help you achieve your academic and career goals.