Business major in college?
I’m trying to decide what my major should be in college.
Here’s what I was thinking:
Get a bachelor’s in business
Go on to a university for a higher degree in business
Get a job in business to eventually make 6 figure salary
Then from there, once I have a steady career, I’d like to focus on making even more money, (and I know this sounds silly and everyone says this) I’d like to be a millionaire or even billionaire.
So I thought maybe once I was set in a career in business, I could do some sort of trading/investing or maybe start my own business or invent something awesome to start making the big bucks.
does any of this sound feasible?
If not, could you let me know what I could do different?
Also, if I do go into a business major, what kind of business major should that be?
I know nothing about the different types (example: business administration, international business, management & organizational leadership…)
First of all, the tuna guy is an idiot. He ridicules people on this site.
Okay, so your goals are: graduate with a Bachelor’s degree in Business Administration, make up to 6 figures a year, become a millionaire/billionaire, and become an investor/entrepreneur/inventor.
First goal, it’s not hard to graduate with a business degree. It depends on what school will you be attending. If you choose a state university, you’d probably go through it easily. If you choose the top-notches (such as Wharton, Stern, or Sloan), you might have some hard times. Here is the list of top undergrad business schools: http://www.businessweek.com/interactive_reports/undergrad_bschool.html
Second goal, making six-figure salary right out of college is nearly impossible. You really have to be on top of everything to do so. Look at the entry level financial analyst’s salary: http://www.careers-in-finance.com/ibsal.htm
Third goal, if you work for Goldman Sachs as a financial analyst for two-four years, you might offer a chance to go back to school in order to earn an MBA. Chances are your employer will pay for you education, since Goldman Sachs is a big company. Once you receive your MBA, usually in two years, you can climb the ladder to the position of an associate. Your salary will be around $180’000.00 (according to the website from the second goal). You can then work for however long it takes you to become a millionaire. I don’t have anything about billionaire.
Fourth goal, if you decide to retire early from Goldman Sachs, which is a stressful (and perhaps dull job), you might start a career as an entrepreneur. Starting your own business should be a breeze for you now because of all the experience in investment banking. I don’t have anything to say about this.
Now, if you want to start investing or inventing, you don’t need formal education. For investing, you will learn it from school and work experience (especially if you’ll working for Goldman Sachs). Another great way to learn about investing is to read books. Your local library has plenty of books to learn from. Inventing is tougher than investing. Although you don’t need a Ph.D in engineering in order to become an inventor, you will need to know how to deal with people such as: patent attorneys, manufacturers, and general population (since they’re the ones who will pay you to invent). Dealing with people shouldn’t be hard either if you were an investment banker. Lastly, inventing is a vast field. You could be working on a spaceship to improving the material of paperclip to devising a new environmentally friendly technology. It’s truly is a fun job.
My final word: Do what you love, not what will make you money. If you love what you do, you will make money. I know that this sounds cliche, but I truly believe in it. I am not the one to choose the path of your life, you are. Just imagine this: you are the richest man in the world. If you are the world’s richest man, what would you be doing? Would you be working in a bank to make more money? Or would you travel the would and meet new people? Would you run errands for your boss? Or would you rather save lives? Would you work 16 hours per day and live with stress but make a lot of money? Or would you want to work easily, make some money, and be truly happy? The choice is yours.
Best of luck to ya. We’re pretty much on the same boat mate.
First of all, the tuna guy is an idiot. He ridicules people on this site.
Okay, so your goals are: graduate with a Bachelor’s degree in Business Administration, make up to 6 figures a year, become a millionaire/billionaire, and become an investor/entrepreneur/inventor.
First goal, it’s not hard to graduate with a business degree. It depends on what school will you be attending. If you choose a state university, you’d probably go through it easily. If you choose the top-notches (such as Wharton, Stern, or Sloan), you might have some hard times. Here is the list of top undergrad business schools: http://www.businessweek.com/interactive_reports/undergrad_bschool.html
Second goal, making six-figure salary right out of college is nearly impossible. You really have to be on top of everything to do so. Look at the entry level financial analyst’s salary: http://www.careers-in-finance.com/ibsal.htm
Third goal, if you work for Goldman Sachs as a financial analyst for two-four years, you might offer a chance to go back to school in order to earn an MBA. Chances are your employer will pay for you education, since Goldman Sachs is a big company. Once you receive your MBA, usually in two years, you can climb the ladder to the position of an associate. Your salary will be around $180’000.00 (according to the website from the second goal). You can then work for however long it takes you to become a millionaire. I don’t have anything about billionaire.
Fourth goal, if you decide to retire early from Goldman Sachs, which is a stressful (and perhaps dull job), you might start a career as an entrepreneur. Starting your own business should be a breeze for you now because of all the experience in investment banking. I don’t have anything to say about this.
Now, if you want to start investing or inventing, you don’t need formal education. For investing, you will learn it from school and work experience (especially if you’ll working for Goldman Sachs). Another great way to learn about investing is to read books. Your local library has plenty of books to learn from. Inventing is tougher than investing. Although you don’t need a Ph.D in engineering in order to become an inventor, you will need to know how to deal with people such as: patent attorneys, manufacturers, and general population (since they’re the ones who will pay you to invent). Dealing with people shouldn’t be hard either if you were an investment banker. Lastly, inventing is a vast field. You could be working on a spaceship to improving the material of paperclip to devising a new environmentally friendly technology. It’s truly is a fun job.
My final word: Do what you love, not what will make you money. If you love what you do, you will make money. I know that this sounds cliche, but I truly believe in it. I am not the one to choose the path of your life, you are. Just imagine this: you are the richest man in the world. If you are the world’s richest man, what would you be doing? Would you be working in a bank to make more money? Or would you travel the would and meet new people? Would you run errands for your boss? Or would you rather save lives? Would you work 16 hours per day and live with stress but make a lot of money? Or would you want to work easily, make some money, and be truly happy? The choice is yours.
Best of luck to ya. We’re pretty much on the same boat mate.
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