The benefits and impact

of a degree in Business Administration

Studying business administration opens the door to countless opportunities by helping you develop the necessary skills for a plethora of career paths.

A degree in business administration equips you with a versatile skill set essential in virtually every industry. Graduates are able to find jobs as specialists and managers in a variety of fields such as Sales, Marketing, Supply chain, human resources and accounting.

Aside from the scientific basis a bachelor’s degree provides, a business degree can help cultivate the following skills:


  • Technical skills
    Develop proficiency in widely used data management softwares such as Customer relationship management (CRM), Enterprise resource planning (ERP).
  • Networking
    Learn to build relationships with like-minded individuals including professors, alumni, and industry professionals.
  • Business case development
    Our managers are always ready to answer your questions. You can call us during the weekends and at night.
  • Leadership
    Prepare to become a leader. Learn about the different characteristics of leaders and nurture your own leadership style through effective communication, motivation, and delegation.
  • Analytical thinking
    Develop the skills to analyze data and draw insights that inform business decision-making.
  • Creativity
    Learn to think outside the box and develop innovative solutions to business challenges. Not every invention leads to innovation.
The recent pandemic has shown us that the world is in rising need of competent business leaders that are able to navigate an increasingly complex landscape. Leaders today are facing more challenges, but also more opportunities that are enabled by an ever expanding technological frontier. As a result, firms are constantly evaluating new technological trends aiming to identify emerging technologies and assess their effect on certain industries or even the global market.
A report by McKinsey consulting provides an outlook on 14 of those trends and how they act as a ‘catalyst to change in the world’. These trends are revolutionizing the way businesses operate, by providing new and innovative tools to help them streamline operations, reduce costs, and enhance productivity. Subsequently, the concept of megatrends has become a widely used phrase. It is used to indicate the global changes that will eventually shape the world and make its way into disrupting almost every industry. Large consulting firms like PwC and Deloitte use their knowledge about these Megatrends to make informative decisions and assert their role in shaping the future.

However, it is not self-evident that simply accumulating knowledge will translate into practical insights. It is important to nurture the ability to identify, as well as seize opportunities when encountered with them. Tony Mayo, a prominent Professor at Harvard Business School, talks in a Forbes article about three distinct characteristics he observed from looking at successful leaders in the 20th century. He ascribes their success to their ability to seize the opportunities they were presented with, as well as overcome the challenges they were confronted with during the industrial revolution.

He explains that those leaders who have led the industrial revolution generally fall under one of the following three roles. The Entrepreneurs who create new industries and set the contextual landscape for the new business world. The Managers who capitalize on opportunities of the current or emergent landscape and focus on growth and expansion through efficiency. And finally, Leaders, who are able to revive and reinvent dying industries overlooked and dismissed by the mainstream as mature markets.
This has raised questions about the role of business schools and how they can help tackle the permeating obstacles that face current and future corporate executives. Birkinshaw from the Financial Times newspaper suggests that business schools need to properly educate their students to face those challenges. They carry the responsibility in cultivating and shaping the leaders of the future. Simply teaching business theories is not enough, but rather they need to be applied to real world problems to generate substantive insights. Similarly, he highlights the need for taking a “problem-solving perspective” and actively taking the initiative to facilitate real change.

As a result, this further magnifies the need for business schools to teach the contextual intelligence needed to understand and compete in the current corporate landscape. By understanding the latest insights, as well as cultivating their ability to effectively seize opportunities, they become capable of leaving a positive mark on the world. Our mission at Helvetic Business School is to guide future leaders to face and overcome the problems of tomorrow.
Footnote:
The topic of megatrends has spread through many different sectors and industries. Several major corporations have accommodated these trends towards specific industries or entire fields. For more information about the five megatrends and how they affect different industries you can also read the following articles:

Blackrock
Deloitte
PwC
Deutsche Post
Stratasys