What college classes should i take that would have the biggest effect on the succesfulness of myself and my buisness? what are some helpful classes that are extra but help you get a better idea of the economic supply chain #college-admissions #help
1. Operations management, particularly operations excellence and subjects such as LEAN, Six Sigma, Value Stream Mapping
2. Negotiations (seriously, a prepared approach to negotiations will help out in not only business but in life in general)
3. Corporate finance - knowing how to read a Profit and Loss and understanding if a project makes/loses money is VERY important whether you're in a Fortune 500 company or starting your own business.
Feel free to send any clarifying questions!
I found classes like this to be helpful in understanding the business world as a whole and how different parts work together.
Hope this helps!
In terms of the supply chain classes, what are you looking to get out of those specifically? That should help me answer your question more effectively.
Emily recommends the following next steps:
Thank you for your question. You could start out by taking a public speaking class or join Toastmasters. Other classes you could take are Economics, Business, Analytics and Marketing to name a few. Also, you may want to check with you adviser to see if there are resources they could point you to. Best of luck to you!
Operations Management helps you understand the things to consider when you're manufacturing goods, making sure the goods are of high quality and get where they need to go.
Micro-economics allows you to understand supply and demand, what goods/services are elastic (can vary based on discretionary money on hand) and inelastic (e.g. electricity, gas for cars, now even internet/wifi, water bills). Macro-economics helps you understand how governments set monetary policy, manage interest rates (which makes it cheaper or more expensive to get loans while also improving returns on interest bearing investments).
Business writing is also very important in creating focused, customer/investor specific value propositions when trying to gain customers and get investor funding. Early on, I learned that business writing is very a different approach to writing research papers or essays in college.