I just turned 24 yrs old. My career choices are trading stock, drop shipping. I want to go to school for business admin what advice do you have for me in choosing a promising career path for my future?
Defining your next chapter can be difficult. Many people don’t know exactly what they want to do, career-wise, exploring and experiencing a variety of options before graduation will help you make informed choices. I encourage you to be willing to explore and try new experiences. I truly believe in asking yourself what is your WHY? What is a career that can align with your professional goals and your WHY?
For example, I have always been passionate for helping others. I took the path in the medical field right out of high school. I attained my BS and became a Registered Medical Assistant. Turns out, I did not like the Medical Field at all. Definitely did not align with my WHY! I was able do a total 360 and entered Human Resources. Human Resources really provides so much joy in assisting people in locating their dream job. My WHY professionally.
Best wishes to you!
The nice part about your interests is you can try to explore and see if they are a good fit with a small investment. Both drop shipping and stock trading are very popular right now so be careful listening to "experts". Find some good books and explore that way.
Business administration is a great but very general. Maybe focus on accounting, finance or other useful function while getting the BA degree.
Best of luck!
If you do choose to pursue a business administration degree, I would suggest finding a school that offers a focus in finance as this will teach you the most relevant concepts relative to your interests. One good thing about going this route is you may find other career areas of interest you may not have thought of before.
Stock trading is a great career and a finance degree could be very beneficial if you go this route, however it is not a requirement.
Drop shipping and stock trading are two interesting paths. They are also highly competitive and highly visible paths which may be in part why you have heard a lot about them.
If you do go to school for business administration, you will find that there is a wide set of career opportunities available to you outside of those two options as well. It is more than fine to go to school with a specific job in mind as your goal upon graduation but don't worry if you go only to study subjects that interest you without knowing precisely the job you want. Studying business administration, or another subject, will present opportunities and open your eyes to career fields you may not even be aware of today.
Best of luck,
Both career choices can have promising future. Start with the one that are most passionate about. You have a long career ahead of you and will have the opportunity to pivot if necessary to the second choice and possibly a new one.
Enjoy the journey and best of luck!
Andrew recommends the following next steps:
You can look for Majoring in Business Administration while doing a minor in Finance. After you are done with the BSc/BA I firmly believe that you will have a better understanding of the career you want to focus on.
All that said, if you want a career in investment services try landing your first internship right after your First Degree and then continue with a CFA or an MSc in Finance.
On the other hand, if you believe that a career in online stores is best for you opt for an MSc in Management at a top tier Business School in your country or abroad. These schools will help you land (if not find you) an internship at a top e-shop.
I believe in following your passion and being flexible as you go, often times I found other doors opened as I pursued my vision and I ended up doing work I wouldn't have imagined doing when starting the journey. Also, pay attention as you read about jobs and ones that you are excited about, take time to delve deeper into what excites you about that work. There are many options for integrating different areas of interest and tailoring your studies to where you want to develop your skills. Informational interviews with people working in those areas can also be helpful. Enjoy the journey!