Ah, Los Angeles: One of the world's greatest cities with year-round perfect climate, miles of beaches, a diverse population, world-class universities, and exciting business opportunities in myriad sectors. While movies, music, entertainment, fashion and some manufacturing (think American Apparel) take center stage in Hollywood and beyond, the City of Angels offers many more opportunities in food and beverage, professional services, publishing, public relations, and much more.
Just like New York City, Los Angeles is a fast-paced place that attracts people from all over the world wanting to do business here — whether it's building yachts or developing innovative products and services such as Toms Shoes. Being a student at one of the Los Angeles business schools or other online schools in California can be a dream come true, as the opportunities for internships and post-graduation work can be limitless — but here's a caveat: Students are also competing with many other students to land coveted positions.
Business Programs in Los Angeles
The educational opportunities in the country's second-most populated city are plentiful, including one of the country's best public universities, the University of California-Los Angeles (UCLA) and the private University of Southern California (USC). For business degrees, students have the choice of obtaining a bachelor's degree in a variety of subfields, such as management, marketing, accounting, and an M.B.A., which can also offer several tracks and specializations, depending on the university. In addition, there are some graduate certificates in business available. Let's have a look at some degrees that are very uniquely Los Angeles:
- UCLA's Anderson School of Management offers an interesting graduate degree in business (M.B.A.) with a specialization in entertainment, which is fitting for the world's capital of entertainment.
- Los Angeles is also home to some of the most impressive and sought-after real estate in the world, and UCLA helps prepare future leaders for the realities of that very specific marketplace by offering a rare M.B.A. with a real estate specialization.
- The USC School of Cinematic Arts offers an interesting twist on the intersection of business and entertainment: a graduate certificate in the Business of Entertainment, which has been designed for students who would like to pursue careers in the world of film and television.
- In a city that thrives on information, celebrity gossip and news, a business degree with a focus on social media might be a great fit. The Fashion Institute of Design & Merchandising offers precisely that: a bachelor's degree in Social Media, which can help students turn their social media passion into a career. FDIM is one of the few colleges in the nation that offer this degree, and it's quite fitting for Los Angeles.
Business Career Outlook in Los Angeles
While these degrees all certainly sound fantastic and cutting-edge, let's look at some of the potential earnings one can expect with a business degree in Los Angeles, whether it's a bachelor's degree or an M.B.A. in business. It is an almost impossible undertaking to list all professions that graduates might get into with a business degree, but allow us to highlight a few. According to the Bureau of Labor Statistics (BLS), the vast majority of these professions have significant growth potential, especially in the entertainment sector. However, please keep in mind that the competition for some of these positions can be quite fierce for new college graduates.
|Location||Occupation||Total Employed (2014)||2014 Average Salary||Projected growth|
|Advertising and promotions managers||1,670||$131,610||20.2%|
|Los Angeles-Long Beach-Glendale, CA Metropolitan Division||Appraisers and assessors of real estate||1,330||$79,960||19.4%|
|Public relations specialists||6,450||$71,980||6.1%|
|Reporters and correspondents||1,330||$46,250||28.8%|
According to additional data from the BLS, the population of Los Angeles county has grown 3 percent between 2010 and 2014 and is expected to continue that growth pattern. The per capita money income in 2013 was $27,749. Are you ready to start your business degree adventure at one of the Los Angeles business schools? Don't forget your bathing suit.
- Bureau of Labor Statistics, State & County Quick Facts, Los Angeles County, CA, May 28, 2015, http://quickfacts.census.gov/qfd/states/06/06037.html
- Fashion Institute of Design & Merchandising, Social Media, The Business of Social, http://fidm.edu/en/majors/social+media
- UCLA Anderson School of Management, Specializations and Tracks, http://www.anderson.ucla.edu/degrees/mba-program/curriculum/specializations-and-tracks
- USC School of Cinematic Arts, Graduate Certificate in The Business of Entertainment, http://classic.marshall.usc.edu/ecg/concentrations/bus-of-entertainment-cntv-cert-program.htm
- Bureau of Labor Statistics, Occupational Outlook Handbook, http://www.bls.gov/ooh/