- So around a year ago,
when I was a business student at the university of Warwick,
I made a video entitled; IS A BUSINESS DEGREE worth it?
And I was basically spilling the tea
on it's a business degree worth on paper.
I'll speak about the pros and cons
of the business degree in that video.
So since making that video,
I've actually graduated from business school,
have been job hunting,
have been to lots and lots of interviews
have received job offers now.
So I think it's actually a good time
to make an updated version of that video.
Speaking about is a business degree worth it
in terms of the employability.
So here's my business degree also see guys am not
some Microsoft's fraud I actually did graduate.
Also, if you guys want some motivation
and today's video sponsors go,
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This will be one of the internships
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You have to always bear in mind that
going to university or going to college,
if you're from America, it's an investment.
It's an investment in your education
with the prospects of earning a decent salary
at the end of the day, right?
Graduate jobs
and the career progression of a graduate
tends to be better than someone without a graduate degree.
Obviously there are always exceptions it is
some people do fantastically well in their career
without even having a degree on average,
having a degree tends to help you on your career,
that's why most people go to university
at the end of the day.
So let's talk about the ROI on this investment,
your employability coming out of university,
I'm gonna break this video down into three sections.
The first section is gonna be about jobs
and career route you can take in life
with a business degree.
In the second section, I'm gonna speak about
how difficult it can be
to actually get work experience with a business degree.
And then in the third section,
I'm just going to cover some typical employers
who will employ people with business degrees.
But at the section one of the video,
what are the career options
you can take off the back of a business degree?
Honestly,
there are so many options you can take
I've just written them down on a piece of paper
because a business degree is so broad,
there are so many career options
and routes you can take in life.
So I'm just gonna start off
by talking about some jobs that are kind of directly related
to broad core business modules
that you might study at university.
So every role I'm about to mention
on this piece of paper (mumbles), he knows someone
from university who studied my degree,
who has now ended up in this role.
So this is pretty legit, right?
There's some credibility to it.
So first of all, analyst,
I probably know about 20 business school students
who end up becoming analysts at banks and stuff like that
So being an analyst at an entry level analyst
and a company is a good place
to start your career generally.
You can kind of be an analyst
in almost any single industry, right?
I know banking's quite popular with analysts.
It could be a data analyst,
you could work in tech being analysts
like there's so many industries that have analysts in them.
You could become an arbitrator,
you could become a business advisor,
you could work in BD, SAS, business development.
You're basically in a sales role
where you're acquiring new business for the company,
working in BD, BDR, BDM,
basically any sales role
is really rewarding
in the sense that the better you do in your career,
the more experience you get,
generally, you can earn more
and your pay is kind of uncapped, right?
The more deals you close,
the more you can earn essentially, right?
You kind of make a commission off most sales,
it's rewarding If you're good at it,
it can be a shit show rollercoaster if you're bad at it.
So there's definitely a learning curve
that you face going into sales.
You can become an accountant and investment banker.
I've got loads of friends who have come out of work,
who are going into investment banker, at top top banks.
I'm talking like JP Morgan's of the world.
So if you're into investment banking,
like without a doubt,
business degree can help you get there,Okay.
But then again,
my old housemates, who studied physics,
they've gone into banking.
One of them is going to become an investment banker
and he did a physics degree.
So like, I said, a business degree is what you make of it.
We continue on the list.
You can go to data science,
data analysts, insurance, underwriting management,
consulting management consulting is a big one.
I know loads of people
who have gone into consulting because it's so broad.
You kind of have a nice, broad understanding
of the different business functions,
which will obviously help you out in a consulting role.
Project management, risk management
and stock broker supply chain manager.
So those are kind of the obvious career options
that people go into off the back of a business degree,
just because you probably study relevant core modules
that will help you in these career paths.
But then again,
there are so many other career options
you could still go into,
You're studying a business degree
and you gonna eventually one day work in a business.
So you gonna have transferable knowledge.
So now am gonna mention a few other career options.
You could go into
kind of depending on how you actually
tailor and specialize a degree,
how you apply a degree to help you
get into these career paths,
a construction manager,
you can become a property developer,
property investor if you want to,
a cost lawyer, environmental engineer,
HR Officer, logistics and distribution manager,
marketing executive, that's kind of the route I've taken,
I'm interested in marketing.
So that's the route I went down, mortgage advisor.
You could become like an urban designer.
There are so many, literally there are so many things
you could do with a business degree is broad,
and that's why people take it
because they don't really know what they want
to do after uni.
So say if you're an A level student right now,
you don't really know what you want to study at university,
but you've got a rough idea
you want a corporate job.
Maybe you wanna work in the city.
Maybe you work in London
or when a big city like New York or something,
you know, you want that kind of corporate lifestyle.
Maybe you've seen some movies like Wolf of wall street
or whatever.
That's kind of movie.
Do you want to live that sort of life?
So if you want like a corporate job,
generally having a business degree is a safe bet.
But then at the same time,
because you've studied a business degree,
you might should be inspired and motivated
to want to set up your own business.
Like to be fair,
you could meet people at university
or even at your business school,
you collectively come up with a business idea together
and you go onto pursuing it after university.
You're like, this is a very common thing.
People come together,
think of an idea when at university,
and then once they graduate they pursue the idea together,
but look just because you've studied a business degree
It doesn't suddenly give you like a golden ticket
or a golden key that's gonna make you an entrepreneur
by all means, Is that the case?
I think being an entrepreneur
is just all about your character
and how risk adverse you are.
Like you could study any degree,
you could study humanities,
you could study a science degree.
It doesn't really matter, right?
If you want to set up a business,
and you are motivated enough
to want to set up your own business,
it doesn't matter what degree you study.
You can still learn all the stuff that's gonna
help you set up your own business in your own time.
Early on in the video,
I mentioned that having a business degree
is quite good if you wonna go into a corporate job,
I'd like to add in here.
There are so many other degrees
that you can get that will help you
get into a corporate job.
I'm not saying that you need a business degree
to go into a corporate job.
I like to alliterate that right now,
you could literally study any degree
and get into a corporate job.
If you're really passionate about
a certain particular topic, like maybe history,
and you want to go to university,
you think you're really gonna enjoy your
free four years at university studying history.
And this is something that you personally want to do.
Go ahead and do it.
Just like my housemates.
They were really interested in physics.
They went to university,
they've got a physics degree
and they've still off the back of it.
Had good employability
but they've gone on to get top jobs
at top banks or top corporate jobs follow.
If you think about it from the employer's perspective,
they want to hire people from different academic backgrounds
because it adds diversity to their company.
Let's move on to section two now,
this is all about how difficult is it
to get some work experience
off the back of your business degree,
or whilst you are studying a business degree,
I'm going to keep it real.
It depends on where your business degree is from.
If you have a business degree from any top UK university,
any top U S university like Harvard business school,
your employability is pretty good.
Employers are gonna want you
because you're, well-educated
obviously there's gonna be exceptions.
Or I wanna probably sat there and are like,
"well, my neighbor bill,
"he went to Harvard business school,
"he's been employed for three years out of university."
There's always gonna be exceptions.
But generally,
if you've got a business degree from a top UK university
or top US university,
your employability is pretty freaking good.
Especially once you're a student,
and once you've come out of university.
The world class university,
and you're trying to get some work experience.
So maybe an entry level job over summer
an intern internship a spring week,
something along those lines,
I'd say there are a lot of opportunities open to you.
A lot of doors open
so the power is really in your hands
to jump at these opportunities.
So apply for those jobs,
build up your CV,
like meet up CV as much as you can
to increase your employability
and then jump at these opportunities
and land that spring week,
Land that internship,
land that entry level job over summer.
I just jump at the opportunities and do it.
So regardless of what university you've attended,
whether it's a blog tier university,
a medium tier university,
or the dead tier university,
regardless of where it was,
once you graduate from university,
your degree is one portion of your employability.
All the other things are important are your personality,
your work experience,
any volunteering you've done,
how well you sell yourself in your CV and your cover letter
luck on the day did the interviewer like you
that there's some stigma against you?
Did you have like a Mohican haircut line?
Did that put them off?
There are so many factors that come into it.
but I'd say the one thing that you do have control of
is a degree that you work your ass off
and you gain to the university that you want to go to.
It's kind of like a meritocracy,
you should reap the benefits from it.
I'm trying to give you guys the balance the County,
because not everyone ends up
getting into their first choice university.
That's just how the cookie crumbles sometimes
there might've been something else in your life
that distracted you at the time
so that you didn't perform your best during your exams.
Or you might just been a shit there.
You might just have the flu on the day of your exams
that you didn't perform great.
That's just how the cookie crumbles sometimes
use that as motivation
find creative ways to make your application
stand out for a certain job.
Cause you got to bear in mind,
you might be competing against people...
oh I forgot
you will be competing against people
from top universities who are applying for the same job,
So you've got, make yourself stand out.
For example, a little while ago,
I saw that loads of people
were applying for this Spotify internship.
I was a Spotify,
I think marketing and advertising internship
and some people's applications for that were really,
really creative
because that's all people posting on LinkedIn,
like screenshots of the application
where they made their CV a screenshot
of the Spotify desktop view,
they listed their name as the artist,
that little picture of them as the as the artist icon
and for their top songs
it was just their top pieces of work experience.
I guess, in this section,
I could speak about how difficult I found it
to get work experience with a business degree
so my first year at university,
I didn't really apply for much.
I applied for think maybe three.
well they cold spring weeks
or some internships or something like that.
And at this point in time,
I thought I wanted to work in banking
because my family are from a banking background.
So I applied to like the top banks.
I ended up getting a video into this,
like my first ever video interview ever.
And it was with the bank of England.
So I was kinda already got through the initial stages.
And I go through to the video interview.
I think once I passed that stage out of it
would have been a face to face interview.
And then you would get an offer.
So just straight up the back,
my application called me through to the video interview
and that's because I studied the business degree.
second year of uni,
I had an offer to work in a marketing, some internship
I had the offer actually ended up turning it down.
I don't know why.
I didn't feel like the company
was gonna be the right fit for me in the end.
So I ended up turning it down
and then I ended up working in a
client services administrator role.
So it's basically an entry level
data entry kind of piece of work experience.
It was like a landscaping company.
It was like not even related to the industry
that I want to work in right now.
I remember one of my friends from business school
was working on that company
and a lot of the directors at our company
were from warwick business school,
the business school I went to.
So literally I just sent my CV over to the HR manager
because my friend referred me
cause he was, he already received an offer
to work at this company.
And then she just said, okay, cool.
had a phone interview.
She was like called you in a come
for two assessment days just to see how you work on the job.
And we'll give you an offer of the back of that
when they're all was good
and they ended up getting the offer.
So honestly I'd say a big element
of how I even got that piece of experience
was just from the fact I went to work business school.
So I went to a business school
that had a decent amount of prestige to it.
So then after I graduated from university
with a business degree,
I had like a little bit of work experience on my CV.
I knew I wanted to work in marketing.
So I kind of obviously tailored my CV for marketing,
with whatever experience already had today.
And I got through quite a few interviews.
I got through to a lot top tech companies
like Vodafone, BT, Virgin media sky, like...
But more, I could list more
even the company I'm working at right now
that tech company got through to the interviews on that.
some fast moving consumer goods companies,
because obviously I wanna work in marketing,
for example, Proctor and gamble.
They're the world's biggest advertiser.
I interviewed with them.
So I got through to the final stages with them.
I had all the application process was long, man.
I think there's like an initial application
that then after the online tests
and it was like two video interviews,
then I had to go to one of their offices for three days.
They literally paid for me to stay in a hotel,
they paid for dinners with me,
they pay for transportation.
They invested money into me
just so I could interview at their company.
So what I'm trying to say is,
from my experience,
I was able to get interviews at top companies.
I wouldn't say I'm particularly smart guy.
I wouldn't say I had, loads and loads of work experience
under my belt before graduating from university.
I had a few little jobs.
So yeah, as I mentioned earlier,
a business degree is what you make of
it is how you kind of use that degree
as a tool to help you get into the job that you want
to get into.
So I guess that ties in nicely to section three,
which is all about typical employers.
So while the typical companies that will hire students
and graduates with business degrees
honestly a lot of companies out there from small stops
that I've interviewed at stops before
I've interviewed at companies that had like 25 employees,
50 employees,
then I've interviewed at companies that have
hundreds of thousands of employees,
like 25th biggest company in the world.
And so I've interviewed a nice broad range of companies
and I was all of the back of a business degree.
So it really does depend on where degrees for me.
It's kinda like the credibility of that degree.
If that makes sense.
If you believe having a degree
is gonna aid you in your career,
you wanna see that return on investment.
You make it happen.
It doesn't matter where you study at
just make it happen.
The power is in your hands.
I promise you.
Okay guys that brings today's video to our wrap.
I hope you guys have enjoyed part two on
IS A BUSINESS DEGREE WORTH it?
Spilling the tea on the employability of a business degree.
If you've learned something new today,
please give the video a thumbs up.
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peace.
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