Studying business is an investment in your future. Choosing the right business school will make it easier to get a head start on your career, because as well as learning the theory of business and economics, a good business school will also give you the opportunity to network with relevant industry leaders, and form lasting friendships with future colleagues and business partners.
You may be looking for an MBA program, or just starting out with an undergraduate business degree. No matter what level of business study you are ready for, there are three key things to consider when choosing the right business school for you.
1. An inspiring faculty
World-class universities attract the most talented teachers and researchers from around the globe. Ideally you should have expert teachers who are still working in their field. They can show you how to apply business theory to the issues facing real companies today.
Their connections to industry will also help them advise you on your study choices, and with internships, guest speakers and case studies.
Business schools that are well-resourced will usually attract the best and brightest teachers. And yes, that means money. Most business schools are funded by a mix of government funding and research grants, private endowments (including those tuition fees, and alumni donations) and contract research grants from businesses.
Many students have the aspiration and skills to undertake Masters studies in Australia, but some find high tuition fees a barrier to achieving this goal. For this reason, Australian Catholic University (ACU National) will offer a partial scholarship to all international students commencing postgraduate business programs at the university in 2010.
If you study to become a professor at an academic institution, you can be assured of one very important thing: tenured positions equal job stability. Unlike industry, where you can easily become expendable, academia offers a rewarding career for those who work hard and seek career progression without the fear of being made redundant when times get tough.
Take your learning one step further. Build on your bachelors degree and turn yourself in to a strategic thinking, valuable asset ready to embark on a successful management career.