Is a Business Diploma Worth It? 6 Things to Consider

Business administration is a vast field that covers everything from marketing and accounting to management and customer service.

At its core, it's about making sure an organization runs smoothly and effectively.

That means a business diploma can be an excellent starting point for anyone who wants to work in an office, lead a team, or launch a company.

Thinking about taking business training? First, you need to be sure a business diploma will meet your needs and get you where you want to go.

To begin with, you should be clear about what skills are taught in class and what jobs you could get as a new graduate.

Is a business diploma worthwhile for you? Here are 6 things to consider when making your decision.

 

1. HOW LONG DOES A BUSINESS DIPLOMA TAKE?

College-level business diploma programs are designed to get you job-ready quickly.

While a university degree in business requires 3 or 4 years of full-time study, a business diploma typically takes less than 2 years.

For instance, the business administration program at Herzing College Montreal can be completed in just 14 months. We also offer an extended version that runs for 24 months.

Of course, a shorter program covers less ground. You'll learn a variety of important business skills, but your courses won't go as deep as a university business degree.

But if you want a faster route to entry-level employment, a business diploma is a good option.

 

2. WHAT SKILLS WILL YOU LEARN in a business diploma?

Business diplomas are generalist programs that are meant to prepare students for a variety of entry-level office roles.

You will get an overview of how businesses are organized and run, and gain skills in a variety of different departments.

A typical business diploma will teach you how to:

☑️ Apply business accounting principles

☑️ Use standard office and accounting software

☑️ Create reports and presentations

☑️ Conduct research and develop marketing plans

☑️ Provide excellent customer service

☑️ Implement effective sales techniques

☑️ Adhere to business laws and ethics

 

3. WHAT JOBS CAN YOU GET WITH A BUSINESS DIPLOMA?

Since a business administration diploma provides such flexible training, grads are qualified for many different roles straight out of school.

Here are a few examples of entry-level positions you could pursue.

☑️ Administrative assistant

Administrative assistants handle a range of tasks that keep an office running smoothly. They answer inquiries, organize meetings, book appointments, prepare reports, maintain files, and manage supplies.

 

☑️ Marketing coordinator

Marketing coordinators focus on supporting the branding and promotional goals of a business. Typical tasks include writing website copy and social media content, producing videos, assisting with product launches, and engaging with audiences online and at events.

 

☑️ Sales assistant

Sales assistants help land new deals and nurture client relationships. They are often responsible for identifying prospective clients, developing proposals, researching products and pricing, and collecting customer feedback.

 

☑️ Accounting clerk

Accounting clerks help take care of an organization's bookkeeping needs. They typically prepare deposits, process invoices and expenses, reconcile bank statements, and prepare financial reports.

 

Good to know: Each of the above occupations has a fair-to-good employment outlook in the Montreal area, according to the Government of Canada Job Bank.

The median salaries for these office jobs range from about $45,000 to $62,500.

 

4. WHAT ADVANCEMENT OPPORTUNITIES WILL YOU HAVE?

A business diploma can help you get your foot in the door. Then, as you gain on-the-job knowledge and experience, you can advance into positions that come with greater responsibilities and more pay.

For example, administrative assistants can become team leaders or office managers.

Marketing coordinators can become marketing managers. And sales assistants can move into account manager or account executive roles.

There are many different paths you can take.

 

5. DO YOU WANT TO START YOUR OWN BUSINESS?

Are you an entrepreneur at heart? Because a business diploma touches on so many aspects of running an enterprise, graduates can use it as a springboard to start a small business.

Karl Raynes did just that. He took Herzing's business administration diploma while he was preparing to launch a new home care company.

He says the skills he learned in class helped make his new business a success.

"The work I did in class to create the business strategy and marketing plan and prepare for our first clients was very valuable.

The accounting and spreadsheet training was also really helpful. When I started doing the books for my business, I went back and looked at the work I did at Herzing.

Now I'm able to generate my client invoices in Excel and calculate things like overtime for our employees."

 

6. Do you have any business work experience?

Most business diplomas include an internship. This can make a big difference if you don't have much prior work experience and need to build your resume.

Internships are also great for making connections, and sometimes lead to offers of employment after graduation.

Many companies work with interns because it's a great way to screen and hire new employees.

For many students, the internship is a huge selling point and makes the whole diploma worthwhile.

On the other hand, if you're already employed and just need training to improve your skills or qualify for a promotion, the internship is less important.

 

Is a BUSINESS DIPLOMA worth it for you?

If you're still not sure, we recommend speaking with a qualified admissions advisor.

An advisor will walk you through the program, talk about your goals, and help you decide if business training is a good fit. 

They can also answer questions about tuition costs, financial aid, and application requirements for local and international students.

Click below to get started. Explore the Business Administration diploma offered at Herzing College Montreal.

Learn about courses, career options, and chat live with an admissions advisor. We're here to help!

Learn more about Business Administration training at Herzing