What To Do When Failing Your Business Degree?
You are about to fail your business degree and want to know what you should do next?
While failing a degree is not fun at all, it still gives you the opportunity to try something different that may be better in line with your personal preferences and abilities.
Hence, in this article, I will show you valid alternatives to a business degree both at an academic and non-academic level.
After reading this article, you will have a much better idea regarding what you want to do in the future and will have motivation to carry on.
After all, failing a business degree is not the end of the world, it is just the start of a new beginning!
Without further ado, let’s get right into it!
Table of Contents
Academic Alternatives To A Business Degree
- Finance Degree
- Accounting Degree
- Marketing Degree
- Logistics Degree
- Entrepreneurship Degree
- Economics Degree
- Statistics Degree
- HR Degree
- IT Degree
Finance Degree
A finance degree can be a great alternative to studying business since both are closely related and you may therefore be able to transfer many of your credits from your business degree to your finance degree and may be able to complete your finance degree within a rather short period of time.
Studying finance makes sense if you love working with numbers and also have some talent for math in general.
Accounting Degree
If you are a reliable and accurate person who loves to work with numbers, switching from a business degree to an accounting degree can also make quite a lot of sense and you may also have pretty good career prospects since good accountants will be in high demand in the future.
Marketing Degree
While marketing is a pretty competitive field and you may not have the best career prospects, it can still make sense to study marketing after failing your business degree since you may be able to transfer many credits and if you have natural talent for marketing and selling stuff, you may still be able to succeed in this field.
Logistics Degree
A logistics degree can make sense for you if you are the type of person who is well-organized and also able to think strategically.
Good logisticians will have a bright future, even though the average logistician may have worse career prospects in the future due to automation since some jobs in this field will be lost to intelligent machines.
Entrepreneurship Degree
If you are the type of person who wants to start your own business sooner or later, switching from a business to an entrepreneurship degree can also make quite a lot of sense since you will learn many valuable skills that can help you operate a successful business later on.
Economics Degree
If you are good at working with numbers and also want to understand the economy as a whole, chances are that you will have lots of fun with an economics degree and you will also have pretty decent career prospects since you can just work in so many different fields.
For instance, while you could work as an economist for big banks, you could also start a career in private equity or work for a hedge fund.
Statistics Degree
If you are really good at math and also love to study complex topics, a statistics degree may also be well worth it for you since you would have excellent career prospects and could also work in many different fields. In fact, good statisticians often have freedom of choice regarding whom they want to work for.
HR Degree
If you are good at dealing with people and want to have lots of human interaction on a regular basis, you may also want to consider an HR degree.
While the HR industry is pretty competitive, many people working in HR can still make a decent living from what they are doing and it really depends on your people skills how far you will get in this field.
IT Degree
If you no longer want to study something business-related anymore, you may also want to consider getting an IT degree since IT specialists will be urgently needed in the future and you may find excellent job options as a programmer for many years to come.
If you no longer want to study but rather want to get right to work and make some money, you may also want to consider the following non-academic alternatives for which you don’t urgently need a degree.
Non-Academic Alternatives To A Business Degree
- Insurance clerk
- Bookkeeper
- Collection clerk
- Bank teller
- Journalist
- Secretary
- Cashier
- Sales Agent
- Car Dealer
Insurance clerk
Insurance clerks do most of the paperwork when it comes to processing a client’s insurance policy.
Working as an insurance clerk is a valid alternative to a business degree since you could make decent money while you would still have pretty good work-life balance and not as much stress at work as many other people out there.
Bookkeeper
If you don’t want to spend many years in college to become an accountant, you may still get happy with being a bookkeeper since you will do pretty similar work and will still have decent job security and can make decent money once you get more experienced.
Collection clerk
Collection clerks are responsible for contacting debtors and making sure that those debtors repay their obligations to their creditors.
If you are good at what you are doing, you can make decent money as a collection agent, especially if you start your own business in this field.
Bank teller
Bank tellers are responsible for customer service within a bank and make sure that their clients get every information they need.
They are also responsible for paying out and collecting money and are therefore crucial for classical banks to work properly.
Journalist
If you are good at writing and communicating with people, you may also want to start your own YouTube channel, blog or other communication channels where you can talk about business or other topics that may be of interest to you and can work in a pretty independent manner.
Secretary
If you love organizing stuff, becoming a secretary may also be great for you since you will have to coordinate many meetings and other events.
Cashier
People who are good at dealing with numbers and also love to work with many different people on a daily basis may also get happy with a cashier career.
Yet, you should still note that cashiers usually don’t make great money and you may therefore not get happy with this career choice in the long run.
Sales Agent
When you fail a business degree, you may also consider a sales agent career in case you are an extrovert and also know how to sell stuff to people.
In fact, you should have a certain talent for selling since you might not get happy and successful in this field otherwise in the long run.
Car Dealer
Working as a car dealer may also be a great option for you in case you fail your business degree since you can use many of your business skills in this field and still don’t need a degree for succeeding in this industry as long as you have great people skills and also know to present yourself and the cars you want to sell well.
What Should You Do If You Fail Your Business Degree?
After failing your business degree, the first thing you should do is calm down.
Failing a degree is not nice but also not the end of the world and there are many suitable alternatives.
For instance, you could study related subjects like economics or finance or go for non-academic alternatives and become a bank teller or insurance clerk.
Sources
https://en.wikipedia.org/wiki/Business_education
https://www.statista.com/chart/6831/americas-best-paid-business-graduates/
Own research and interviews.
About the author
My name is Andreas and my mission is to educate people about the different career paths that are possible in our current state of the world.
In my opinion, people often make the mistake to choose their profession solely based on how much money they can earn from it instead of doing what makes them really happy.
This is quite sad and I just want to give people a more objective picture of what a fulfilling career could look like.
I did the same when I started working in consulting after finishing my Master’s degree in Economics.
However, I’ve quit pretty soon after that since I haven’t found true meaning in my job.
Now I can do what I really love to do and I want to enable as many other people as well to go this exciting path towards happiness instead of money.
I conducted various interviews with employees to give you a good impression of what working in different fields will look like and that you can make the best possible decision regarding your future career choice.
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