It must be noted that there is no such thing as the ideal degree program. No one will be happy with all required courses. Furthermore, it is likely that individuals may graduate from a program and discover that there is a fundamental aspect of their education that is lacking. A person may feel prepared to enter a field upon graduation; however, once in the “real world,” the person may think, “I wish I had learned more about this field.” Essentially, any field could probably be inserted into the end of that statement. Everyone’s life and career will take different paths. Therefore, all individuals would actually require a degree path that assists them in one specific direction. This is virtually impossible. A college or university cannot see the future. However, there is one field or coursework that I believe should be studied in a business administration course: psychology. The reason for this is simple. Psychology deals with how a person behaves. Regardless of what field a person enters, he or she will have to deal with other human beings. Life and business might be made easier at times if a person knew more about what makes a person behave in various ways.
It must be noted that there is a field called business psychology. This area deals with how people behave or think in the business environment. However, it also must be noted that there are a number of other areas where individuals in the business field should be more familiar with basic psychological precepts. For instance, if individuals are not willing to part with their hard-earned money to purchase a product or a service, the company will not succeed. While it is easy to consider the hard aspect of money and time, in reality, humans do not always merely look at the dollars and cents of a business transaction. Individuals engage in business with companies and individuals for reasons other than merely obtaining a service or purchasing a product. A person may engage in a business transaction because he or she enjoys the way it makes the person feel about himself or herself. A person who is only trained to crunch numbers and consider how to make payroll will not be familiar with these ideas. It also must be recognized that money, and the exchange of money, can change how a person feels or behaves (Gregoire). Understanding these changes is a psychological pursuit. Furthermore, this knowledge can help a business to succeed.
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It is also important to remember that all businesses must work with people. No business exists as an island unto itself. Working with people means working with personalities. While many of these personalities are wonderful, it must be acknowledged that some are not. Difficult individuals exist. Some individuals may just have a bad day; others, however, enjoy making the days difficult for everyone else. This is a reality of life. Learning how to deal with individuals is not a matter of finance. It is a matter of psychology. One merely needs to wander into the business section of a local bookstore to recognize that business leaders have learned the importance of dealing with difficult people. There are a large number of popular business books that deal with this issue. A solid background in psychology can give a new graduate a successful foundation.
Psychology is also important because it teaches business leaders how to lead these various types of individuals. A business leader must know what makes people work in order to be a successful leader. Life coaches and positive psychology are currently extremely popular in the business world. There is a reason for this: they work. Individuals want a leader and they want a positive vision. A business graduate needs to know psychology to do this. However, it is also important that the leader learns what makes him or her work. Motivation is not something that happens once and lasts. It must be a daily focus. Psychology helps individuals learn what motivates and leads them to achieve their dreams and goals. By adding additional psychology information to a business program, a graduate can fulfill these demands (Cilliars 1).
- Cilliers, Frans. “Positive Psychology Leadership Coaching Experiences in a Financial Organisation.” SA Journal of Industrial Psychology 37.1 (2011): 01-14.
- Gregoire, Carolyn. “How Money Changes the Way We Think and Feel.” Huffington Post. 23 January 2014. 23 November 2014. http://www.huffingtonpost.com/2014/01/06/psychology-of-wealth_n_4531905.html
