Why Earning A Business Diploma Is So Important For Your Career?

Source: bit.ly/1CYimYc

Wondering whether you should get a college degree or not? If so, then you should know that it is becoming increasingly difficult for individuals without a degree or a diploma to maintain or even get jobs. But going to college is just not enough these days. So what else do you need to boost your career? Let’s find out.... 

“No Degree” Equals “Low Earnings”

 

According to the latest American Community Survey conducted by the U.S. Census Bureau, employees, especially in South Florida counties of Palm Beach and Broward, who experienced the lowest decline in income between 2008 and 2013 were the ones who failed to earn a bachelor’s degree but earned a 2 year associate’s degree or at least attended college. 

The study showed the percentage drop in earnings for Palm Beach County was around 10 per cent during the financial recession of 2008; while the drop rate was 7.25 per cent for Broward County. The survey also found that employees with high school diploma experienced an average decline in income of merely 3.8 per cent and 5.7 per cent in Palm Beach and Broward respectively. 

Does A Diploma Mean More Income?

 

In contrast, the American Community Survey discovered that the earnings of college graduates in Palm Beach increased from 2008 to 2013 by 7.6 per cent. However it fell by 2.4 per cent in the county of Broward. In fact, those who completed their graduation earned $14,000 more annually in the both regions than employees who attended 4 year college programme, but were unable to graduate. 

Moral Of The Story?

 

The data from the U.S. Census Bureau goes to show that it literally pays to get a degree. According to Jorge Carrillo-Salazar, Economist and Director of the Center for Economic Research, Florida International University, earning a higher education qualification can help better your financial condition in future. 

Although the economy is improving in most markets worldwide, still employers tend to act fussy and are looking for candidates with a graduate degree or business diploma, even for jobs that traditionally does not require such qualifications. Carrillo-Salazar added “The economy is not generating enough jobs.” 

The fact is numerous laid-off employees are actually going back to college, both on-campus and online, to earn the diploma they failed to acquire previously, according to economist William B. Stronge, a former professor at Florida Atlantic University. He believes that many learners are now pursuing qualifications that are currently in-demand. Stronge said “They recognised they needed more skills.” 

Eugene Holzer, co-founder of job placement firm Ascendo Resources, claims that in most cases the recruiters do not even bother about the majors you studied in college. However it is important that you follow through the discipline and complete your graduation. He believes that this shows you will be steady as an employee. 

What Does It Mean For Your Career?

 

According to the findings of the study, the experts suggest that the best possible way to progress you career is to earn a diploma. Having a higher education qualifications, especially in business, shows that you have acquired the necessary skills and knowledge required for your specific field of work. Perhaps this the reason why innumerable students from across the globe are now pursuing business studies online, as it offers affordable and easily accessible solutions. An online diploma will not only enhance your professional skills, but it also gives confidence to your employer about your abilities. 

If you have been unable to complete your college education, for whatever reason, or if you only have a high school diploma, then pursuing diploma in business online is the most suitable option for you. Studying business will enable you to learn various management and leadership skills and understand the core concepts of business. Moreover, as you will study online, you will be able to continue working on your full time job and still manage time to study for a diploma. 

With an online diploma in business you can boost your employability and add significant value to your resume. Your qualification, along with your work experience, will make you an ideal candidate for numerous jobs as most employers look for business-trained applicants. Moreover as online diplomas are now being accepted by most employers worldwide, you will have a wide range of employment opportunities available to you. This will also provide you the scope to enhance your performance at the workplace and land the next big promotion. 

So what do you think? Will you earn a business diploma to boost your career prospects? Feel free to share your views and thoughts by commenting below. We would love to hear from you.