Why Study Business? The importance of studying business

Two business students studying at a table together

It's important to understand how businesses operate and succeed in our commercial world. The importance of studying business can't be overstated, particularly in a vibrant and robust economy like Ireland's.

This blog explains why studying business is important, the opportunities it offers, and why University College Dublin (a world top 200 university) is a great choice for your academic journey.

With Ireland's generous post-study work visa scheme, you can gain practical experience and kick-start your career.

Importance of studying business

Business opportunities in Ireland

Ireland is known for its strong economy and thriving business sector. It’s a hotspot for innovative start-ups and multinational corporations. Studying business can provide you with the skills and knowledge to take advantage of the opportunities that this growing market presents.

Ireland's rich history of trade and business makes it a unique place to learn and grow as a business professional. With its deep connections to both Europe and North America, Ireland offers a great starting point in your business study journey.

Academic excellence

A business degree equips you with a variety of skills and knowledge, from understanding market trends and consumer behaviour to managing resources. Studying business is an exercise in academic excellence that prepares you for diverse roles across multiple industries.

The vast range of skills you learn on business degrees ensures that you are well-equipped with both theoretical knowledge and practical application. Not only do you learn about the complexities of the business world, but you also learn to navigate and adapt to new challenges in an ever-changing market.

Highly reputative degree

Business degrees have a global reputation for being versatile and in-demand. Business graduates are valued by employers for their strategic thinking, problem-solving skills, and leadership capabilities.

As well as this, the training and case studies you will study during a business degree mean that you are ready to take real-world challenges head-on. This flexibility in many situations and industries makes a business degree a real asset to your professional development, regardless of the career path you choose.

Diverse range of jobs

One of the significant benefits of studying business is the broad range of job opportunities it opens. A business degree can open doors to rewarding careers in various fields such as entrepreneurship, consultancy, finance, and marketing.

As the business landscape continues to evolve with technological advancements and ever-changing global developments, new career paths appear all the time. This makes a business degree always relevant and future-proofed, allowing you to change and adapt with the job market.

Develop management skills

Business studies also help in developing management and leadership skills. It helps develop important skills for managers like critical thinking, decision-making, and strategic planning.

Through group projects, presentations and internships, you can get an early exposure to team dynamics and your collaboration and communication skills. These experiences teach you a sense of responsibility, an essential trait for future leaders and managers in any industry.

Study business at University College Dublin

Studying in Ireland provides internationally recognised degrees and a diverse international community.

University College Dublin (UCD) is Ireland's leading business school. It provides an excellent platform to jumpstart your career in business. Here's what you need to know:

  • The UCD Lochlann Quinn School of Business holds the rare 'triple crown' of accreditation, indicating its global excellence.
  • The College of Business has consistently featured in prestigious global rankings administered by The Economist, Financial Times, and QS for over two decades.
  • Business at UCD is ranked among the world's top 150 by the QS World University Rankings by Subject 2022.
  • UCD is ranked number 1 in Ireland and among the top 100 in the world for employability (QS Graduate Employability Rankings 2022).
  • UCD Quinn Internship Programme offers students practical work experience during their studies, enriching their understanding and equipping them with real-world skills.
  • There is also an option to study business and law, providing a unique opportunity to blend your legal and business knowledge.

If you’re looking to study at UCD but aren’t sure where to start, consider the International Foundation Year in Business, Economics and Finance. Designed with international students in mind, you'll build on your existing subject knowledge prepare for life at university, all whilst improving your English skills and living in Ireland.

From the International Foundation Year, once you obtain the required grades, you can progress to a range of highly ranked business and commerce degrees.

Before you apply, it's essential to check the entry requirements and understand the tuition fees. Once you're ready, you can apply here.

Frequently asked questions (FAQs)

What can you do with a business degree?

A business degree offers a wide variety of career options. You could work in various sectors such as marketing, finance, operations, human resources, or sales. Alternatively, you could become an entrepreneur or a consultant.

What are the advantages of studying in Ireland?

Ireland offers high-quality education, a robust economy, and excellent post-study work opportunities. Ireland's strategic location also makes it a gateway to Europe, opening even more opportunities.

How long is a business degree?

A typical undergraduate business degree lasts three to four years. The duration varies depending on the university, the country, and whether you're studying full-time or part-time.