Every year, hundreds of thousands of students wonder if they should get a business degree or pursue something else for their chosen major. But while there is no “one size fits all” answer to serve everyone, you can still make an informed decision about your professional future by taking stock of yourself and considering your long-term career goals.

First and foremost you need to think about whether or not you’re actually interested in pursuing a career in business. While there are numerous specific positions to choose from, you need to think about which ones inspire you enough to pursue them as a dedicated profession. There are a variety of reasons why you may be inclined to want to enter the world of business.

For some it’s the idea of being part of a global marketplace, others enjoy the high-pressure and fast pace of working in business. Maybe you’re keen on starting your own company someday. All of these are great reasons to pursue a Business Degree and if any of them apply to you and your goals, then it just might be the right fit. But there are other reasons why this type of degree may be well-suited for you.

Communication Skills

Getting a Business Degree can help you hone the critical skills of communication that you’ll need to call upon to succeed in any field. Customer service, negotiation tactics, dealing with vendors and providing hospitality to clientele are all crucial skills you can learn as you earn a Business Degree. Gaining expertise in these methods of communication will serve you well once you enter the workforce.

Data and Analytics

Business isn’t just about buying and selling of goods and products, there are so many other components that exist to make it appear that simple. But if you plan on making a profit from your business, you’re going to need to understand how to analyze data, crunch numbers, run patterns and formulas, and understand how statistics and trends can impact your enterprise in positive and negative ways. Earning a Business and data analytics degree at Hofstra University will provide you with the skills to read the numbers and know what they mean.

Problem Solving

Perhaps one of the more fundamental aspects of getting a Business Degree is the preparation it offers in critical thinking and solving problems of all shapes and sizes. Whether it’s balancing budgets, cost analysis, knowing how many employees to hire, or fixing problems at a factory, you will have the training to think on your feet and make decisions quickly while weighing all of your options.

Conducting Research

No business operates in a vacuum. Starting a new endeavor requires countless hours of exhaustive research before and during operation. Knowing where to start your business, identifying your target demographic, calculating start-up and operating costs, finding the right vendors or manufacturers for your product, even deciding on what your website will look like, all of it requires good, solid research. A Business Degree will teach you how to do the right research so that you can gain a competitive advantage in the marketplace.