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Can you talk more about Business Analytics? It’s not Business Analysis but a relatively new major (more tech-related) that more and more universities are offering to undergrads nowadays.
I got a Healthcare Managment Degree, best decision I have ever made. I originally wanted to be a personal trainer, but after doing some research I found out that it was not the best move for me. I went to community college for Health Science, but felt stuck with what I wanted to do after I graduated. I finally found my local university with Healthcare Management which eventually landed me a job doing Marketing for a Urology company. Knowing that I am going to work every day helping patients is the best feeling in the world.
As someone who graduated with my undergrad in Business Administration, it is very, very flexible and can allow you to move into specialties such as marketing, accounting, finance, human resources, management, etc. It is really a solid degree IF you have a plan.
@@haytamessabir1614 I didn't choose any concentration. My undergrad is in Business Administration. I got my 1st job as a staff accountant with that degree & then advanced. You can go into marketing, finance, etc.
Starting a bachelor in Business Information Systems this year and I am already 30, coming from a hospitality and tourism industry working as a waiter. I'm ready to change my life. BIS/MIS is the perfect balance of a tech background and having a business skillset . i am not good with math so pursuing computer science might be too hard for me. BIS is just perfect!
Thank you for all you do Shane! I remember seeing your first MIS video a few years ago. Im only 2 years into my career after graduation and I already make six figures. You are the man! We are grateful for the awesome information you put out there so people dont waste their time in college!
@@idk_sis work/life balance is amazing. I work between 32 and 45 hours a week (45 is extremely rare. On average I'd say 35) I work from home but have the option to going to the office whenever I want.
Supply Chain is arguably the best BS (in business) you can get, opportunities are endless. I had multiple job offers before graduation and after 6 years I’m making mid-six figures.
I have degrees in business economics and supply chain and I can agree with this ranking. Supply chain is all that fortune 100 companies care about now.
Shane Hummus because of you I'm studying MIS (Management Information's System) at the University of Carleton here in Canada and my sister is studying her master's in nursing with management specialization in Western University. You really guided us, may God bless you.
Hello brother, can you tell me what classes you are taking there? I am taking MIS at Southern New Hampshire University. It's great, but I feel it's easier than it should be.
@@zabenaleid2547 As salamu alaykum wa rahmatullah brother. In Canada all the public Universities are accreddited by the government meanwhile the private ones are not and thus it's very different from the US where most Universities are private. If you do well with math and business you will find the major to be easy. My biggest and greatest advice to you is do a co-op/internship program before graduating and you are garaunteed job applications while in University or shortly after graduating.
@@Aiden_Muslim hey man I’m in Canada too but I can’t seem to find any university’s in Ontario that have an MIS program does it go under a different name because I really want to major in it but I just can’t find the program anywhere
@@bigmz8215 Alot of the universities will not name their program Management information system. Some only name it informations system, some put it under other degrees like Technology Management. For example, in the university of Ottawa they have a Technology Management degree, under that degree you take Management information system and IT and cyber security etc. Few Universities specialise in it like Carleton but they name it informations system only and others put it under a degree like the University of Ottawa (Technology Management).
I graduated with MIS and Management back in 2021. I personally would have done a few things differently rather than get these two degrees but they have absolutely benefited me with my job career growth. I just found a new position as an SQL Database Administrator role. This degree will definitely help you alot!
For me the best business degree has to be Accounting. Very good job prospects and a decent salary with a bachelors and once you get you’re CPA you have a guaranteed middle/upper class income. Plus you learn an actual skill that will allow you if you choose to go the entrepreneur route. In second place I would say Supply Chain Management/Logistics knowing how important it is for almost every business in the world
Accounting aint got shit on MIS... with accounting you have to do a whole lot of bullshit to get to that middle income. Dont get me wrong, the bachelors is a great degree. But to get to the next level you need a masters (or 150 credits in general) plus studying for 4 stupid exams that dont apply to some industries accounting majors will work in. And thats all without considering the fact you'll probably even have to go into a shitty big4 to work 80 hour weeks. With MIS, you get your bachelors and you are set. You go into the tech industry and you'll be making six figures within the first 3 years of your career (I did) working 35 to 45 hours a week at most. Yeah the downside is that MIS is a harder degree since you have to learn how to code multiple programming languages plus learning computer networks, database architecture, system development, data analytics PLUS accounting, econ and finance but the pay off for just a bachelors degree is huge. Accounting doesn't even get close. I do believe accounting used to be the best business degree but MIS is without a doubt the new king. Accounting is a close second though.
So I was with you up until the Marketing degree lol. But you are accurate that you do not need a degree to become a marketer. I started my marketing career, specifically digital and content marketing, without a degree almost 10 years ago. I worked my way up to a Director and then my position was eliminated and I was laid off in Dec. Finding a job as a mid-career candidate is EXTREMELY difficult without a degree. I am now going back to college to get a degree. If you are only looking to make 50k a year, a degree isn't necessary but if you want management responsibility or the higher end of the income range, a bachelor's, if not an MBA, is going to be beneficial. Just my 2 cents. Great info otherwise. The pitch and recommending forgoing a degree just got my dander up a bit since marketing was specifically why I was interested in your video to see where it ranked lol
I earned Management & Intl Business degrees from the Kelley School of Business at IU. Graduated a few weeks ago and my new job starting this summer will make me $90k + bonuses even in a HCOL city. I regret not adding an entrepreneurship major but it goes to show that it’s who you know not what you know. I literally rushed a social fraternity and it was more helpful for me than all but a handful of my classes - wish I rushed sophomore fall and not sophomore spring. UF, Ohio State, Wisconsin, Wake Forest are other great schools for this convo! If you’re looking at this and wondering whether to major in business, GO FOR IT. It’s about the credentials and getting into the door as someone who looks smart, not mastering all the material. Literally pay attention in the classes you know you’ll use and go from there!
Accounting is the best business degree to have as it is the language of business and with it it opens all the doors for everything. Accounting is also the hardest major in business. You are also considered a professional once you get the degree right away, and what you learn in school is what you apply in real life on the job
I don't think so, there are many differences between people with ASD, so I would recommend pick your career/degree with you find best for you and not on what is "best for autistic people" ( opinion of person with Asperger's syndrome)
Thanks Shane, I will say majoring in Finance has open many doors for me for internships and I see it’s quite flexible as well. I’ve done an accounting internship and now about to start a financial analyst internship soon. Finance really is an S tier degree. Jesus is King btw 🙏
@@NillixCapalot at the moment, I am still in school. I am a senior graduating may 2023 and also attending my finance internship. So I work part time in my internship about 16-24 hrs a week. But for a full time salary, I am assuming the work life balance is going to be average 9-5 mon-fri days a week. So weekends or after 5 is the free time.
@@alexmena99 Okay so not to bad I see. Thank you for responding currently trying to obtain as much info as possible from people with experience. I'm currently a freshman studying accounting but want to make the switch to finance, I have an online business love investing and learning about it as well as financial consulting so I want to make the switch since it fits me and my a type personality. only somewhat worrying thing is I keeping hearing about 80-100 type of ferocious work hours which concerns me slightly only because I know ill be making money, but concerns me because I want to start a family at some point.
Next year could you break down management information systems a bit further. Breaking it down into computer info systems, business analytics, cybersecurity, IT, etc. MIS is just such a wide range of majors
@@Silly_comb It's simple math. 1 college algebra, 1 business calculus, then 3 statistics which is pretty much just college algebra. You can learn it man
One thing to note is if struggling between Finance or Accounting, look at the courses you are and will be taking. This is because you can plan out your degree to where you get the Finance degree and have most CPA prep course already done making it easy to switch. Also if in Accounting you probably want your CPA. For this reason I would pick Finance. It’s what I’m doing.
I’m currently a junior at IU Kelley studying Finance, Business analytics, and economics: one thing to consider is that finance has a wide array of salaries: if you are going to Investment banking, private equity, hedge fund, Venture capital … the pay will be a lot more then if you go corporate finance. Even then that will be different from work as a credit analyst or product management, consulting… etc Degrees to add Consulting and business analytics (might be grouped in with MIS though)
Would also like to add that even if you don't want to go into corporate finance, IB, VC or accounting, majors such as econ, finance, accounting, business analytics are still an easy way to get into big tech for finance related jobs, and you can even steal high-paying marketing, advertising, sales, etc jobs from actual marketing and sales majors because you would likely be more qualified on a quantitative and a business-knowledge level.
I would argue Business Admin as better than D tier, but then again I take note that your video focused more so on "entry level." A lot of people I know undertake a MBA degree (or similar) to progress into management roles. I.e. Nurse to Nurse Manager or Director of Nursing. So true it's not great for entry level but for career growth it is excellent.
One thing about Entrepreneurship programs though, is that some schools have excellent incubators, mentors, and access to investors. So I think the type of program that the school offers really matters. University of Texas at Dallas has pretty good program!
I’m currently pursuing an Associate of Business Management degree simply because I’m wanting to have a step up the ladder (because I’m tired of being stepped on). I’m also keeping my eyes open for any potential ideas for doing my own thing. I don’t place any stock in a lot of degrees and education. It just seems like the paper for the degree would be better used elsewhere.
Same, I never believed that college was a good idea for most people. I've always been fine financially with entry level jobs. However it has become increasingly more difficult lately to even get hired at one and I've decided to pursue a higher education just to stand a chance in the fierce job market. I haven't been accepted at a school yet but I am hoping to take my A.S. in Business Administration as an online course at a community college then hopefully start working on an M.B.A. My math has always been terrible but this is something that HAS to be done. I'm 36 and have a ton of debt that my current "job" is barely good enough to stay afloat. I've seen more management positions available than entry level positions. Good luck with your goals.
I'm currently pursuing a Master's in Business Administration & Management, and I am also keeping my eyes open for any potential ideas for a business that I would like to start in. Shane Hummus mentioned one of them, which is Fashion Merchandise and Entrepreneurship. I wish Shane Hummus will cover "Business Administration & Management" degrees, especially since my degree allows me to touch basis with every subject. So I can pretty much move in any direction, such as Digital Marketing.
General Business and Business Administration is literally the same degree just a different name. Rarely anyone graduates with just a basic Business Administration degree. It is usually Business Administration with a concentration in Finance, Accounting, Supply Chain, Marketing, etc. A degree you forgot is Sports Business Management/Sports & Fitness Management/ Recreation & Sports Management. Huge growth rate both in the US and globally and even youth sports these days is a multi billion dollar industry and parents are spending tens of thousands per year on it. Fitness is also multi billion dollar industry. 7% growth rate I believe.
Please do a series on emerging degree programs like Business Analytics, Data Science, Cyber Security, etc. These have started to appear at the undergrad. level. Provide your perspective and future predictions.
Agribusiness is a good degree, but ONLY if your in the right job market for it. A good program isnt about learning how to farm, but an overiew of the industry and how to apply business and economics skills. I went to college in SD, lots of food processing and meat packing plants. If yourbin a rural town like that, a degree in agribusiness might be worth more than a rwgular management or marketing degree.
As someone with an econ degree it is hard to place where it belongs on the scale, it is the odd ball of 'business degrees' or 'social science' degrees, it is the most quantitative. It is neither broad, like 'business management' nor narrow and focused like accounting. But A or B tier sounds about right.
Just discovered your channel. This video was in my suggestions. I’m a finance and accounting double major and I’m currently working in MIS (Didn’t do a degree in MIS). NGL this video makes me feel a lil better because I really slogged. I’m 22 and I make around 74,000 a year. Hope to become a CFO some day.
I'm a Financial manager... but I have no degree. I'm going at it backwards. I worked my way up a small company from being an accounts manager to managing pretty much all the business and accounting with the finance ddirector. However, now the company is expanding and needs a larger office with a finance team, they need me to get that "piece of paper" to tick the box. They're paying for me to do a degree in Open University. It looks like the only real options I have is a BSc in Business Management (Accounting), and a BSc in Accounting and Finance. I'm genuinely curious which one I should take. I already have 6 years' experience in my position and what I need more than anything is management training and formal accountancy training for policy and auditing. I feel like the second one is more of an Accountant role that will be pigeonholed, but I like that it has Finance. The first one is more Business oriented, but I've heard bad things about "Business Management" degrees. Anyone taken an Open University course like this?
Well, I'm taking business management. It's broad degree which led you to fixing problem with helicopter view should I say. If you wanted to specialize in specific field you can take it closer look. That's how I interpret management business.
You already are a Financial Manager with a great deal of experience so I'm mot sure why you think the BSc in Accounting & Finance would pigeonhole you. Accounting is the language of business. Accounting paired with Finance is very desirable and you will have many opportunities. I work for a bank, have an MBA (useless) and am going back for an Master of Accountancy so I can focus on something specific. Good luck in whatever you decide.
🤔 Could you make videos on the career paths the top tiers lead to. Stisfaction level, turnover rate, and just things that could help people make a decision on the best path for them.
As an accounting major, pick supply chain if you want to go up to CEO position. Accounting for stable career, shitting pay if you in public but overall stable pay and promotions and easier to find jobs! Suggest for finance if you are very good at it and has good resume. Wouldn’t suggest if you are mediocre at it. Since finance are very competitive at least in my business school. MIS will be the future and will benefit you a lot more than you think!
For me it was process of elimination. I went from psychology, then I ended up in business. U can literally work in every area. I’m going to double minor. Business admin with a minor in finance and second minor in cyber security.
Thank you so much. I was pretty stuck. I have an associates degree in business administration and cybersecurity, going for bachelor’s in IT, but didn’t know if I should I get either a MIS or just get a general MBA after. But now I see which is more valuable.
Interesting to see as always. I understand that you have to focus on the aggregate because of the fact that this is a generalized video, but seeing a ranking of what majors can lead to the highest earning potential would be helpful. Like sure finance, accounting and supply chain might earn 60-120k on average, but combine that with a CPA, CFA or Six Sigma and in many cases the upper half is doing double or more of what the average is. Just saying that the average doesn’t paint the full picture, and I think a range might work better
Currently studying Business Administration and information systems. I guess its very similar to management information systems. Glad to see its high on the list 😁
I would add Actuarial Science. Often considered a Math degree I've also seen in offered through the business school and is really half math half business. Though due to the math, it scares a lot of people away.
I would mention that the Salary shown in Glassdoor for Accountants is heavily inaccurate due to it including positions like Bookkeeper and AP/AR clerk. Which are jobs really anyone can pick up, the actual jobs requiring accounting degrees pay much higher
I feel like HR might be shorted in these videos. You need vast knowledge of compliance laws and employment practices, as well as managing payroll and stuff. There are jobs as specialists or generalists and managers that pay pretty well.
So for MBAs (masters in business administration) should I get one? The whole reason I want to get into business once I get into college is for a MBA so I can better manage and make succeed my own business
couldn’t disagree more about the real estate one. sure, if you want to sell residential real estate as an agent most careers in the residential real estate sector, the barrier of entry is very low (hence high competition). However, if you want to get into private equity in commercial real estate, cre investment, cre brokerage/capital markets, cre investment banking/lending or basically any career in the commercial real estate space, you will 100% need a degree, preferably in real estate. Also, the alumni base at your school that have done real estate will be very useful for making meaningful relationships.
Exactly bro doesn’t know sh*t most dudes getting real estate degrees ain’t doing no residential real estate they are working at JP Morgan chase, as Investment bankers, brokers, getting into REPE. Most people leaving with Real estate degrees make 80k+ That’s CPA level money
Yeah. I obtained mine through UNLV in their Harrah School of Hospitality. My concentration was Meetings & Events Management. UNLV was ranked #1 back in 2016 through QS World Ranking Schools for Hospitality Management (academic) pursuit.
As an Advertising management graduate I can accept it as B, even would go as far as C. Kind of annoying because you have to choose either marketing or design to specialize.
Please do biology majors sometime! There are so many variations of biological (and chemistry)- based research! With everything from “Wildlife and Fisheries” majors to regular “Biology” to “Biochemistry”… I have ALWAYS wanted to learn more about the basics of each of these, pay, and etc. Please do this sometime!!! ❤️ Love your work!
@@Z.W0lf22 It's a major if you want to have fun and live poor. Graduate school and lab roles don't pay as much even if the work environment is fantastic. (In college). Outside of that most bio majors I know transitioned into High School teaching environments or self promotional animal training or outreach birthday/education roles. University programs will pair you with aquariums/zoos as undergraduate staff but while the pay is marginally higher than a minimum wage job, the ceiling for career advancement when it comes to wage increases is low.
@@Z.W0lf22 Another Avenue is working with U.S forestry and park ranges. Again, beautiful job, usually you live rural so the pay goes further, but wages are low. Some cities pay well but usually for the big parks (management and animal welfare check type work) or extremely rural (dangerous) areas like Alaska.
Thank you for this video. I've been looking at MBA programs at my Alma mater and they offer 21 concentrations under the MBA. I've been looking at supply chain management or the finance path and this video gave me a ton of insight and points to research.
I don't agree that a real estetate degree needs to be in F tier. Yes, you can get your license and sell house out of high school. But in position in big companies such as mergers and acquisition, book (of properties) management, portfolio (of properties) management, underwriter, loan specialists (not loan officers). All those careers require a degree and highly preferred real estate degrees. It is niche, but it leads to a lot great careers and will save you a lot of time if that's what you want to do.
Rethinking my marketing degree don’t even know what I want to do but it sucks cuz I’m gonna be 30 next year really have to lean in and figure it out soon 😭
I'm doing LLM in International Business Law and hopefully will graduate by the end of this year. Also planning to do PhD in the field. Edit: I think of combining International Business Law and entrepreneur degree would be amazing.
I’m thinking about topping up my HND in Admin and IT to a BA in Business Management. It’s not in a specific area, it’s just Business Management as a whole so I won’t be pigeon holed like you said in this video. What are your thoughts?
Please make a video for career changers (people who already have a degree but want to make a change into a completely different field like from healthcare to business)
What degree is better for working in finance specifically, finance or accounting? I don't give the accounting degree much credit for being "flexible" when the only flexibility is it allows you to get a crappy accounting job. If an accounting degree is the same as a finance degree for getting finance jobs or other good jobs, then it belongs on the S tier. If not, it belongs lower since accounting jobs pay worse than most of the jobs associated with other degrees on this list.
@@khaliltams6535 Sameer is a bachelors in business data analytics worth it ( the program has machine learning business finance and a programming course aswell )or is something general like Econ or Computers Statistics better ? I wanna do a masters afterwards most probably in Computer science or IT it's a mis if data science and business
BSA (Bachelor of Science in Accountancy) is the high risk, but really high reward.. On academe is really stressful though.. Currently studying it on the Philippines.. 🇵🇭🇵🇭
How would you rank a Business Technology Management degree? (BTM) Its a relatively recent one from TMU and I'm planning to go into it this year. Thanks Shane!
Could you do a version for people studying in England please? I'm doing a business degree at the open university, I have a severe traumatic brain injury and am really unsure about which route to take
is it weird that I want to pursue sales while having an accountancy degree? could someone share their insight on my situation or should i change to a business admin degree
Hey… I love your content! I have a random question if that’s okay..? I’m going to be opening up my first business. “An Indoor soccer center” and I’ve never ran one before. Would you recommend this course? I’ll be dealing with employees, scheduling, budget and more finances like payroll and managing the food and beverages and ultimately… customers. Or do you have any recommendations for a good course to take?
Welp….it’s been my 3rd year watching these videos and I have yet to know what I want to concentrate in. School rly should teach u the fundamentals of each concentration, especially in business since there’s so many. Instead of doing general ed for two years we should go into the basics of each concentration so students can get an idea of what they’d like to specialize in. I’m in my 3rd year now and have to pick my concentration and still have no idea what I want to do. It’s truly saddening and I probably end up picking a career path I’ll regret later on
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Shane you didn't mention about fintech it's a new field so I wish to know your opinion about that.
Business analysis
Can you talk more about Business Analytics? It’s not Business Analysis but a relatively new major (more tech-related) that more and more universities are offering to undergrads nowadays.
I got a Healthcare Managment Degree, best decision I have ever made. I originally wanted to be a personal trainer, but after doing some research I found out that it was not the best move for me. I went to community college for Health Science, but felt stuck with what I wanted to do after I graduated. I finally found my local university with Healthcare Management which eventually landed me a job doing Marketing for a Urology company. Knowing that I am going to work every day helping patients is the best feeling in the world.
S Tier- Management Information Systems, Accounting, Finance, Supply Chain Management
Thanks
As someone who graduated with my undergrad in Business Administration, it is very, very flexible and can allow you to move into specialties such as marketing, accounting, finance, human resources, management, etc. It is really a solid degree IF you have a plan.
hello! did you have to choose concentrations or minors for your bachelor degree? If yes, which did you choose?
Finance
@@haytamessabir1614 I didn't choose any concentration. My undergrad is in Business Administration. I got my 1st job as a staff accountant with that degree & then advanced. You can go into marketing, finance, etc.
Yes, cause unless you have a plan it's F tier, if you have a plan for anything it can be A+ tier
If u had a plan, why wouldn’t u major in something more specific?
Starting a bachelor in Business Information Systems this year and I am already 30, coming from a hospitality and tourism industry working as a waiter. I'm ready to change my life. BIS/MIS is the perfect balance of a tech background and having a business skillset . i am not good with math so pursuing computer science might be too hard for me. BIS is just perfect!
I'm an Information Systems major as well. It's fun
Is so hard I quit
Thank you for all you do Shane! I remember seeing your first MIS video a few years ago. Im only 2 years into my career after graduation and I already make six figures.
You are the man! We are grateful for the awesome information you put out there so people dont waste their time in college!
Heck yeah!! Congrats and best of luck
I’m studying MIS in my 3rd yr what is your job title if you don’t mind saying!
I’d like to ask a few questions if you don’t mind. What’s the work/life balance like? Also do you work at home or in an office?
@@idk_sis work/life balance is amazing. I work between 32 and 45 hours a week (45 is extremely rare. On average I'd say 35)
I work from home but have the option to going to the office whenever I want.
@@user-xy2ly4uz6p that sounds like the life I want haha. Thank you for answering my questions!
Supply Chain is arguably the best BS (in business) you can get, opportunities are endless. I had multiple job offers before graduation and after 6 years I’m making mid-six figures.
i am looking to go into either finance, MIS or supply chain, do you think supply chain is the way to go? i still have a year before i apply.
Do you have any advice on certifications or anything that helped you?
my schools dont offer supply chain management.. what would u reccomend i major in, in order to get int osupply chain management?
@@drewpadilla7523 Business Admin is okay if you can minor in something like forecasting, analytics, etc.
@@hemrodf3361 SCM has the most potential for long-term success, IMO. Endless opportunities
I have degrees in business economics and supply chain and I can agree with this ranking. Supply chain is all that fortune 100 companies care about now.
The issue with supply chain is that they require some experience and has a LOT of stress, otherwise it's a great choice
I wouldn't want to step into a warehouse again lol but good for those who would love to be in that environment
@@GearRaider89 supply chain is not all warehouses
Shane Hummus because of you I'm studying MIS (Management Information's System) at the University of Carleton here in Canada and my sister is studying her master's in nursing with management specialization in Western University. You really guided us, may God bless you.
Hello brother, can you tell me what classes you are taking there? I am taking MIS at Southern New Hampshire University. It's great, but I feel it's easier than it should be.
@@zabenaleid2547 As salamu alaykum wa rahmatullah brother. In Canada all the public Universities are accreddited by the government meanwhile the private ones are not and thus it's very different from the US where most Universities are private. If you do well with math and business you will find the major to be easy. My biggest and greatest advice to you is do a co-op/internship program before graduating and you are garaunteed job applications while in University or shortly after graduating.
@@Aiden_Muslim hey man I’m in Canada too but I can’t seem to find any university’s in Ontario that have an MIS program does it go under a different name because I really want to major in it but I just can’t find the program anywhere
@@bigmz8215 Alot of the universities will not name their program Management information system. Some only name it informations system, some put it under other degrees like Technology Management. For example, in the university of Ottawa they have a Technology Management degree, under that degree you take Management information system and IT and cyber security etc.
Few Universities specialise in it like Carleton but they name it informations system only and others put it under a degree like the University of Ottawa (Technology Management).
I graduated with MIS and Management back in 2021. I personally would have done a few things differently rather than get these two degrees but they have absolutely benefited me with my job career growth. I just found a new position as an SQL Database Administrator role. This degree will definitely help you alot!
For me the best business degree has to be Accounting. Very good job prospects and a decent salary with a bachelors and once you get you’re CPA you have a guaranteed middle/upper class income.
Plus you learn an actual skill that will allow you if you choose to go the entrepreneur route. In second place I would say Supply Chain Management/Logistics knowing how important it is for almost every business in the world
Accounting aint got shit on MIS... with accounting you have to do a whole lot of bullshit to get to that middle income. Dont get me wrong, the bachelors is a great degree. But to get to the next level you need a masters (or 150 credits in general) plus studying for 4 stupid exams that dont apply to some industries accounting majors will work in. And thats all without considering the fact you'll probably even have to go into a shitty big4 to work 80 hour weeks.
With MIS, you get your bachelors and you are set. You go into the tech industry and you'll be making six figures within the first 3 years of your career (I did) working 35 to 45 hours a week at most.
Yeah the downside is that MIS is a harder degree since you have to learn how to code multiple programming languages plus learning computer networks, database architecture, system development, data analytics PLUS accounting, econ and finance but the pay off for just a bachelors degree is huge. Accounting doesn't even get close.
I do believe accounting used to be the best business degree but MIS is without a doubt the new king. Accounting is a close second though.
@@user-xy2ly4uz6p what about finance?
@@lionellinares2618 similar to accounting based on my finance classes.
@@lionellinares2618 Finance and accounting is a good combination. It can used to satisfy the pre-reqs for the CPA exam.
@@user-xy2ly4uz6p MIS AINT HARDER THAN ACCOUNTING BRO
So I was with you up until the Marketing degree lol. But you are accurate that you do not need a degree to become a marketer. I started my marketing career, specifically digital and content marketing, without a degree almost 10 years ago. I worked my way up to a Director and then my position was eliminated and I was laid off in Dec. Finding a job as a mid-career candidate is EXTREMELY difficult without a degree. I am now going back to college to get a degree. If you are only looking to make 50k a year, a degree isn't necessary but if you want management responsibility or the higher end of the income range, a bachelor's, if not an MBA, is going to be beneficial. Just my 2 cents. Great info otherwise. The pitch and recommending forgoing a degree just got my dander up a bit since marketing was specifically why I was interested in your video to see where it ranked lol
As a marketing student that's good to hear. Sorry it was difficult for you finding a job, wish you luck!
I already knew most of this so I just watched it for entertainment. Thank you for keeping it real! And I did learn a thing or two!
I earned Management & Intl Business degrees from the Kelley School of Business at IU. Graduated a few weeks ago and my new job starting this summer will make me $90k + bonuses even in a HCOL city. I regret not adding an entrepreneurship major but it goes to show that it’s who you know not what you know. I literally rushed a social fraternity and it was more helpful for me than all but a handful of my classes - wish I rushed sophomore fall and not sophomore spring. UF, Ohio State, Wisconsin, Wake Forest are other great schools for this convo! If you’re looking at this and wondering whether to major in business, GO FOR IT. It’s about the credentials and getting into the door as someone who looks smart, not mastering all the material. Literally pay attention in the classes you know you’ll use and go from there!
Accounting is the best business degree to have as it is the language of business and with it it opens all the doors for everything. Accounting is also the hardest major in business. You are also considered a professional once you get the degree right away, and what you learn in school is what you apply in real life on the job
True
You should do a video about best careers for people with high functioning autism
How would he know good jobs for an autistic person?
hahaha
Computer science
Actuary 💀
I don't think so, there are many differences between people with ASD, so I would recommend pick your career/degree with you find best for you and not on what is "best for autistic people" ( opinion of person with Asperger's syndrome)
Thanks Shane,
I will say majoring in Finance has open many doors for me for internships and I see it’s quite flexible as well. I’ve done an accounting internship and now about to start a financial analyst internship soon. Finance really is an S tier degree.
Jesus is King btw 🙏
Hey I’m a freshman majoring in finance just wondering what was your first job like and do you have any tips?
@@gilbertomijarez5557 I ended up getting an internship as an accountant then got a finance internship. I was a junior when I got my first internship
How's your work life balance?
@@NillixCapalot at the moment, I am still in school. I am a senior graduating may 2023 and also attending my finance internship. So I work part time in my internship about 16-24 hrs a week. But for a full time salary, I am assuming the work life balance is going to be average 9-5 mon-fri days a week. So weekends or after 5 is the free time.
@@alexmena99 Okay so not to bad I see. Thank you for responding currently trying to obtain as much info as possible from people with experience. I'm currently a freshman studying accounting but want to make the switch to finance, I have an online business love investing and learning about it as well as financial consulting so I want to make the switch since it fits me and my a type personality. only somewhat worrying thing is I keeping hearing about 80-100 type of ferocious work hours which concerns me slightly only because I know ill be making money, but concerns me because I want to start a family at some point.
Next year could you break down management information systems a bit further. Breaking it down into computer info systems, business analytics, cybersecurity, IT, etc. MIS is just such a wide range of majors
Information Systems is such a useful and versatile degree to have. I have a BS in IT and will be finishing my MS in IS next summer.
id like to pursue it but im really bad at math
@@Silly_combIt is mostly business math nothing crazy, not like in CS where you do calculus, discrete mathematics etc
@@Silly_comb It's simple math. 1 college algebra, 1 business calculus, then 3 statistics which is pretty much just college algebra. You can learn it man
One thing to note is if struggling between Finance or Accounting, look at the courses you are and will be taking. This is because you can plan out your degree to where you get the Finance degree and have most CPA prep course already done making it easy to switch. Also if in Accounting you probably want your CPA. For this reason I would pick Finance. It’s what I’m doing.
I’m currently a junior at IU Kelley studying Finance, Business analytics, and economics: one thing to consider is that finance has a wide array of salaries: if you are going to Investment banking, private equity, hedge fund, Venture capital … the pay will be a lot more then if you go corporate finance. Even then that will be different from work as a credit analyst or product management, consulting… etc
Degrees to add
Consulting and business analytics (might be grouped in with MIS though)
what would you suggest sir?between MIS and Finance?
Would also like to add that even if you don't want to go into corporate finance, IB, VC or accounting, majors such as econ, finance, accounting, business analytics are still an easy way to get into big tech for finance related jobs, and you can even steal high-paying marketing, advertising, sales, etc jobs from actual marketing and sales majors because you would likely be more qualified on a quantitative and a business-knowledge level.
I would argue Business Admin as better than D tier, but then again I take note that your video focused more so on "entry level." A lot of people I know undertake a MBA degree (or similar) to progress into management roles. I.e. Nurse to Nurse Manager or Director of Nursing.
So true it's not great for entry level but for career growth it is excellent.
One thing about Entrepreneurship programs though, is that some schools have excellent incubators, mentors, and access to investors. So I think the type of program that the school offers really matters. University of Texas at Dallas has pretty good program!
Supply chain management!! Great information Shane 👍
Boom!
I’m currently pursuing an Associate of Business Management degree simply because I’m wanting to have a step up the ladder (because I’m tired of being stepped on). I’m also keeping my eyes open for any potential ideas for doing my own thing. I don’t place any stock in a lot of degrees and education. It just seems like the paper for the degree would be better used elsewhere.
I wish he covered a regular “business management” degree in order to compare it to the super specific ones
Same, I never believed that college was a good idea for most people. I've always been fine financially with entry level jobs. However it has become increasingly more difficult lately to even get hired at one and I've decided to pursue a higher education just to stand a chance in the fierce job market. I haven't been accepted at a school yet but I am hoping to take my A.S. in Business Administration as an online course at a community college then hopefully start working on an M.B.A. My math has always been terrible but this is something that HAS to be done. I'm 36 and have a ton of debt that my current "job" is barely good enough to stay afloat. I've seen more management positions available than entry level positions. Good luck with your goals.
@@Midala87 Keep soldiering on dude. That's about all we can do for now. Good luck to you as well.
@@Midala87In order to pursue an MBA, you have to first get your undergrad degree; an associates won't cut it.
I'm currently pursuing a Master's in Business Administration & Management, and I am also keeping my eyes open for any potential ideas for a business that I would like to start in. Shane Hummus mentioned one of them, which is Fashion Merchandise and Entrepreneurship. I wish Shane Hummus will cover "Business Administration & Management" degrees, especially since my degree allows me to touch basis with every subject. So I can pretty much move in any direction, such as Digital Marketing.
General Business and Business Administration is literally the same degree just a different name. Rarely anyone graduates with just a basic Business Administration degree. It is usually Business Administration with a concentration in Finance, Accounting, Supply Chain, Marketing, etc. A degree you forgot is Sports Business Management/Sports & Fitness Management/ Recreation & Sports Management. Huge growth rate both in the US and globally and even youth sports these days is a multi billion dollar industry and parents are spending tens of thousands per year on it. Fitness is also multi billion dollar industry. 7% growth rate I believe.
Please do a series on emerging degree programs like Business Analytics, Data Science, Cyber Security, etc. These have started to appear at the undergrad. level. Provide your perspective and future predictions.
My school this upcoming year altered their program from MIS to Analytics and Information Management
Outdated
Really bro how they are outdated,or you just yapping? @@Kevin-ch8fu
Agribusiness is a good degree, but ONLY if your in the right job market for it. A good program isnt about learning how to farm, but an overiew of the industry and how to apply business and economics skills. I went to college in SD, lots of food processing and meat packing plants. If yourbin a rural town like that, a degree in agribusiness might be worth more than a rwgular management or marketing degree.
As someone with an econ degree it is hard to place where it belongs on the scale, it is the odd ball of 'business degrees' or 'social science' degrees, it is the most quantitative. It is neither broad, like 'business management' nor narrow and focused like accounting. But A or B tier sounds about right.
Just discovered your channel. This video was in my suggestions. I’m a finance and accounting double major and I’m currently working in MIS (Didn’t do a degree in MIS). NGL this video makes me feel a lil better because I really slogged. I’m 22 and I make around 74,000 a year. Hope to become a CFO some day.
Was hoping to see business analytics on here
I'm a Financial manager... but I have no degree.
I'm going at it backwards. I worked my way up a small company from being an accounts manager to managing pretty much all the business and accounting with the finance ddirector. However, now the company is expanding and needs a larger office with a finance team, they need me to get that "piece of paper" to tick the box. They're paying for me to do a degree in Open University.
It looks like the only real options I have is a BSc in Business Management (Accounting), and a BSc in Accounting and Finance.
I'm genuinely curious which one I should take. I already have 6 years' experience in my position and what I need more than anything is management training and formal accountancy training for policy and auditing.
I feel like the second one is more of an Accountant role that will be pigeonholed, but I like that it has Finance. The first one is more Business oriented, but I've heard bad things about "Business Management" degrees.
Anyone taken an Open University course like this?
Well, I'm taking business management. It's broad degree which led you to fixing problem with helicopter view should I say. If you wanted to specialize in specific field you can take it closer look. That's how I interpret management business.
I’m taking bachelor of commerce with a major in finance through athabasca university so far it’s good I just started in January
You already are a Financial Manager with a great deal of experience so I'm mot sure why you think the BSc in Accounting & Finance would pigeonhole you. Accounting is the language of business. Accounting paired with Finance is very desirable and you will have many opportunities. I work for a bank, have an MBA (useless) and am going back for an Master of Accountancy so I can focus on something specific. Good luck in whatever you decide.
🤔 Could you make videos on the career paths the top tiers lead to. Stisfaction level, turnover rate, and just things that could help people make a decision on the best path for them.
@Shane Hummus
Or maybe tier eac potential career path for eac degree given the parameters mentioned.
As an accounting major, pick supply chain if you want to go up to CEO position. Accounting for stable career, shitting pay if you in public but overall stable pay and promotions and easier to find jobs! Suggest for finance if you are very good at it and has good resume. Wouldn’t suggest if you are mediocre at it. Since finance are very competitive at least in my business school. MIS will be the future and will benefit you a lot more than you think!
Love this! It can be hard to figure out which type of degree you want. Thank you for this!
For me it was process of elimination. I went from psychology, then I ended up in business. U can literally work in every area. I’m going to double minor. Business admin with a minor in finance and second minor in cyber security.
@@josephinepowers2959loll I need help 😂
Where are the time stamps dude? So jarring
Depends on the career you want within the degree. Specialize in it and almost any business degree can make you a lot of money.
As an old BS (Accounting/Finance) MBA, CPA, the most important one is the CPA.
Im doing a masters in MIS right now and it is 100% S+ Tier no doubt
HE KNOWS SETH💎🙇🏾♂️🙏🏾 subbed
Thank you so much. I was pretty stuck. I have an associates degree in business administration and cybersecurity, going for bachelor’s in IT, but didn’t know if I should I get either a MIS or just get a general MBA after. But now I see which is more valuable.
Good luck!
Shane delivered with Healthcare Administration! I swear he listens to me whenever I make a suggestion!
Interesting to see as always. I understand that you have to focus on the aggregate because of the fact that this is a generalized video, but seeing a ranking of what majors can lead to the highest earning potential would be helpful. Like sure finance, accounting and supply chain might earn 60-120k on average, but combine that with a CPA, CFA or Six Sigma and in many cases the upper half is doing double or more of what the average is. Just saying that the average doesn’t paint the full picture, and I think a range might work better
Currently studying Business Administration and information systems. I guess its very similar to management information systems. Glad to see its high on the list 😁
@sami IT consultant probably
are u in the uae?
Yeah it's very similar you end up with the exact same typr of career opportunities.
How is it going?
I would add Actuarial Science. Often considered a Math degree I've also seen in offered through the business school and is really half math half business. Though due to the math, it scares a lot of people away.
Would love to see financial planning added next time
Maybe next year include “Analytics and Business Intelligence”?
Thanks for the suggestion!
I would mention that the Salary shown in Glassdoor for Accountants is heavily inaccurate due to it including positions like Bookkeeper and AP/AR clerk. Which are jobs really anyone can pick up, the actual jobs requiring accounting degrees pay much higher
I feel like HR might be shorted in these videos. You need vast knowledge of compliance laws and employment practices, as well as managing payroll and stuff. There are jobs as specialists or generalists and managers that pay pretty well.
you dont need an HR degree to work in HR thats probably why I wouldn't get a degree in HR
I didn't even know HR degrees exist lol
Man he did us Agri-Business Majors dirty.... I guess I'll just have to prove him wrong with my kick-ass job in Tech sales
So for MBAs (masters in business administration) should I get one? The whole reason I want to get into business once I get into college is for a MBA so I can better manage and make succeed my own business
couldn’t disagree more about the real estate one. sure, if you want to sell residential real estate as an agent most careers in the residential real estate sector, the barrier of entry is very low (hence high competition). However, if you want to get into private equity in commercial real estate, cre investment, cre brokerage/capital markets, cre investment banking/lending or basically any career in the commercial real estate space, you will 100% need a degree, preferably in real estate. Also, the alumni base at your school that have done real estate will be very useful for making meaningful relationships.
Exactly bro doesn’t know sh*t most dudes getting real estate degrees ain’t doing no residential real estate they are working at JP Morgan chase, as Investment bankers, brokers, getting into REPE. Most people leaving with Real estate degrees make 80k+ That’s CPA level money
Where is that chart which shows the rank, major, meaning, demand, etc.? For instance, as seen at 02:00
Are there any business degrees that specializes in law or is connected to law? I am looking for a major similar to business and law combined.
Hey, did u find anything?
@chriseq I found IR, and International Business.
@Kiwi_isforever And what do u think about them? Personally I believe that International business/commerce is just a better pick for the future overall
@chriseq I want to work for the UN or NATO, u just can't seem to find a good Bachelor’s degree (for now) that will benefit me
@Kiwi_isforever I'd say go for international relations then
Thank you very much for updating these tier list. Love those, bro ❤️🌟
My pleasure!
You channel really helped me get into college and I’m going for MIS too ,
What’s MIS? How is the program going for you ?
Do Hospitality Management, or Travel, Tourism and Hospitality Management!! A lot of colleges give that degree instead of Hotel Administration.
Yeah. I obtained mine through UNLV in their Harrah School of Hospitality. My concentration was Meetings & Events Management. UNLV was ranked #1 back in 2016 through QS World Ranking Schools for Hospitality Management (academic) pursuit.
As an Advertising management graduate I can accept it as B, even would go as far as C. Kind of annoying because you have to choose either marketing or design to specialize.
Please do biology majors sometime! There are so many variations of biological (and chemistry)- based research! With everything from “Wildlife and Fisheries” majors to regular “Biology” to “Biochemistry”… I have ALWAYS wanted to learn more about the basics of each of these, pay, and etc. Please do this sometime!!! ❤️ Love your work!
to keep it short, he'll say biology is a no go
@@vicentecosta1997 Possibly, but it still interests me in what he would say! Thanks for the comment! ❤️
@@Z.W0lf22 It's a major if you want to have fun and live poor. Graduate school and lab roles don't pay as much even if the work environment is fantastic. (In college). Outside of that most bio majors I know transitioned into High School teaching environments or self promotional animal training or outreach birthday/education roles. University programs will pair you with aquariums/zoos as undergraduate staff but while the pay is marginally higher than a minimum wage job, the ceiling for career advancement when it comes to wage increases is low.
@@katydid5088 Good to know! Thank you for the comment!
@@Z.W0lf22 Another Avenue is working with U.S forestry and park ranges. Again, beautiful job, usually you live rural so the pay goes further, but wages are low. Some cities pay well but usually for the big parks (management and animal welfare check type work) or extremely rural (dangerous) areas like Alaska.
Thank you for this video. I've been looking at MBA programs at my Alma mater and they offer 21 concentrations under the MBA. I've been looking at supply chain management or the finance path and this video gave me a ton of insight and points to research.
14:35 >i
What path did you take and how is it going?
Hi, great video. Will you ever consider making a video on studying Business Analytics/ Data Analytics?
Just published!
WGU Data Analytics Degree: How To Graduate In 6 Months
ruclips.net/video/bXvR6InX1QU/видео.html
You need business analytics. Super in demand
Amazing video thank you so much!!
I don't agree that a real estetate degree needs to be in F tier. Yes, you can get your license and sell house out of high school. But in position in big companies such as mergers and acquisition, book (of properties) management, portfolio (of properties) management, underwriter, loan specialists (not loan officers). All those careers require a degree and highly preferred real estate degrees. It is niche, but it leads to a lot great careers and will save you a lot of time if that's what you want to do.
Rethinking my marketing degree don’t even know what I want to do but it sucks cuz I’m gonna be 30 next year really have to lean in and figure it out soon 😭
I'm doing LLM in International Business Law and hopefully will graduate by the end of this year. Also planning to do PhD in the field.
Edit: I think of combining International Business Law and entrepreneur degree would be amazing.
I would make the argument that here are no S tier business degrees
Please make a video on BBIT (Bachelor's of Business and Information Technology) and explain in detail about its demand and job opportunities in USA.
I believe he addressed that at the 7:07 mark
I literally made the best decision in choosing my degree because of you thank you man
Glad to hear it!
What degree did you choose ?
Which degree did you pick ?
Bussines media and entertainment a new bachelors degree u should definitely put it on the list!
I’m thinking about topping up my HND in Admin and IT to a BA in Business Management. It’s not in a specific area, it’s just Business Management as a whole so I won’t be pigeon holed like you said in this video. What are your thoughts?
Please make a video for career changers (people who already have a degree but want to make a change into a completely different field like from healthcare to business)
Masters in HR here, making just at the six figure mark by 24. Not too shabby. But I’m looking for a career change Ahaha
When he mentioned everything under sun EXCEPT your degree...business management
How has it been working for you?
Finance/Accounting is the best degree if you love math.
What degree is better for working in finance specifically, finance or accounting?
I don't give the accounting degree much credit for being "flexible" when the only flexibility is it allows you to get a crappy accounting job. If an accounting degree is the same as a finance degree for getting finance jobs or other good jobs, then it belongs on the S tier. If not, it belongs lower since accounting jobs pay worse than most of the jobs associated with other degrees on this list.
Hi, your channel is very helpfull! I just wanted to know if a MIS degree is still worth it in 2024/2025 in Belgium. Thanks 😃
Operations Management and Business Analytics
Jesus Loves all of you guys
Amen. Jesus Loves you as well brother
Thoughts on a Business Analytics degree?
Thats what I want him to talk to him about!:/
@@khaliltams6535 Sameer is a bachelors in business data analytics worth it ( the program has machine learning business finance and a programming course aswell )or is something general like Econ or Computers Statistics better ? I wanna do a masters afterwards most probably in Computer science or IT it's a mis if data science and business
3:58. When you say real estate, are you referring to real estate agent? Or real estate developers and real estate investors?
BSA (Bachelor of Science in Accountancy) is the high risk, but really high reward..
On academe is really stressful though..
Currently studying it on the Philippines.. 🇵🇭🇵🇭
What about business analytics?
Would you still recommend your fav degree (MIS) for like 2030? The future? What’s better mis or software engineering?
How would you rank a Business Technology Management degree? (BTM) Its a relatively recent one from TMU and I'm planning to go into it this year. Thanks Shane!
Can you please speak on the business analytics degree?! thank you ur the goat
Could you do a version for people studying in England please? I'm doing a business degree at the open university, I have a severe traumatic brain injury and am really unsure about which route to take
Shane number 1 💙💙💙💙👍🏻👍🏻👍🏻
Haha thanks
Hey Shane... your videos help me, I'm from South Africa
Please tell me more about Econometrics
Business and innovation
I just got accepted into college majoring in Management information systems
Hi Shane, what about the specialisation of Project Management in the business area?
I’ve just enrolled for double major Marketing 😢still not sure this is the right choice or not
Thanks shane from Egypt🥰
is it weird that I want to pursue sales while having an accountancy degree? could someone share their insight on my situation or should i change to a business admin degree
Hey… I love your content! I have a random question if that’s okay..? I’m going to be opening up my first business. “An Indoor soccer center” and I’ve never ran one before. Would you recommend this course? I’ll be dealing with employees, scheduling, budget and more finances like payroll and managing the food and beverages and ultimately… customers.
Or do you have any recommendations for a good course to take?
What is the better MIS (Management information system) or Accounting and why
Please add chapters to your videos. It helps a lot
Hi Shane,
What do you think of a masters in international business for a business analysis professional?
Not necessarily business but how would Organizational Leadership weigh here?
What about a master in taxation ( falls under accounting)?
Where can we get the entire list that says: rank, major, early career pay, mid career pay etc...?
@ShaneHummus-..Great, could you share the excel file containing all that information ?
Welp….it’s been my 3rd year watching these videos and I have yet to know what I want to concentrate in. School rly should teach u the fundamentals of each concentration, especially in business since there’s so many. Instead of doing general ed for two years we should go into the basics of each concentration so students can get an idea of what they’d like to specialize in. I’m in my 3rd year now and have to pick my concentration and still have no idea what I want to do. It’s truly saddening and I probably end up picking a career path I’ll regret later on