Choosing the right business program for your undergraduate degree is a big decision. Business is a popular major worldwide, and with so many options, applying can feel overwhelming. This post will help you and your family identify key factors to consider when selecting a program that’s the best fit for you.

Consider Location

Location matters more than you might think. Do you want to be in a specific city? Many business programs are located near major industry hubs, and this can impact your career opportunities. For example, if you’re interested in tech companies like Google or Meta, you might consider programs in Southern California. If you’re leaning toward finance or investment banking, New York City’s proximity to Wall Street could be a huge benefit.

Choosing a university near a specific industry gives you better access to internships, networking, and post-graduation jobs. But keep in mind, great business programs exist all over the world. The key is to find one that offers opportunities in the field you’re most interested in.

Internships and Co-op Experiences

A strong business program will offer hands-on experiences like internships or co-op placements. These opportunities allow you to apply what you’re learning and build a network before you graduate. Some schools even have partnerships with large companies that regularly recruit students. A key question I encourage all students considering a business program at a given university or college to ask is what partnerships the school has for internship and co-op experiences, and how much assistance do they provide to help students secure opportunities?
For example, in South Korea, there are close ties between certain universities and big corporations like Samsung and LG. Research if the schools you’re considering have these kinds of partnerships, as they can provide a head start in your career.

Look at the Cost

Cost is another important factor, and there’s a wide range of tuition fees for business programs. However, higher cost doesn’t always mean higher quality. Some affordable programs still offer excellent education.

Accreditation ensures that programs meet consistent standards, so you can often get a great education for less (look at this website to find universities globally that offer the highest level of accreditation for business programs). Comparing tuition prices while considering program quality is key. Remember, the best school for someone else may not be the best for you if it doesn’t align with your financial or career goals.

What Are Your Interests?

Think about what areas of business interest you most. Do you want to study marketing, big data, or maybe investment banking? Make sure the program offers courses in the areas you’re passionate about. The most important thing is finding a program that fits your interests, not just one that’s highly ranked.

Do Your Research

Ultimately, choosing a business program comes down to research. Look into the school’s location, costs, internships, and course offerings. Ask yourself if the program will allow you to explore your interests, rather than just attending the “best” school based on rankings. Taking time to explore all these factors will help you find the right fit for your education and future career.