Every business is dependent on people working together in a company to achieve a common objective, and every business is a people-centric organization, at its base. Business psychology, also known as industrial-organizational psychology, integrates the study of human psychology with practical business applications to enhance employee work environments, increase productivity, and organize groups of people in firms.Its goal is to delve deeper into human behaviour and its interplay with the corporate lifestyle to create better sustainable and human-friendly workplace conditions for employees’ maximum performance and growth.
Business Psychology in Practice:
The practice of Business Psychology includes various areas of expertise including
- Advice: Offering an unbiased and psychological perspective on personal and interpersonal issues in the organization.
- Diagnosis: Use Scientific research methods on human behaviour and psychology and help the organization understand the issues and challenges that arise in the workplace.
- Design: Design programs and solutions that are geared towards an organization’s challenges as well as design training and assessment programs.
- Delivery: Implement and facilitate solutions and programs in the organization.
- Evaluation: Research and demonstrate evidence to the company to showcase the need and benefit of an intervention.
Benefits of Pursuing Business Psychology:
Prepare for a wide variety of careers
It is certainly not a one size fits all career choice. One of the greatest strengths of a business psychology degree is the enormous variety of career paths available to graduates.
Excellent Analytical Skills
Students will learn how to interpret research and statistics. The skill can be deployed in more than just the psychology career. Also, business successes require complex analysis bringing together different sources of information and making decisions based on the data and opinions available.
In-Demand
Business psychologists are some of the most sought out peers in the market as companies are always looking for personal development and market development professionals. Through pursuing Business Psychology you’ll be able to pursue a lot of In-demand jobs and will be an asset to the organization.
The ability to understand people and their motivations
Throughout the courses of study in psychology, students will gain an intimate insight into the different theories of people’s behaviour and how those around them can encourage or discourage particular types of action.With a psychology background, business professionals will find it easier to know their target markets and their desires. Uncovering motivations and knowing how to appeal to that innate want will also come simpler to them.
Ability to lead groups and manage interpersonal relationships
Their ability to understand what drives behaviour and reactions from other people also helps them improve their ability to communicate and engage with those around them.Their studies enhance their skills in decoding what might have influenced another person’s reaction to a particular situation and how compromise can be achieved in instances of disagreement.
Improved Soft Skills
Students have the chance to explore group dynamics in depth. They learn about what helps groups succeed and thrive. And they get insight into why groups often struggle to communicate effectively. Their studies can help develop strong working theories that predict how people will likely respond in a given situation and the type of language that will best help to communicate their point and convince other people to get on board with their idea.Those who bring these skills to the workplace will be far better equipped to work within their team effectively. Their ability to master the highly desirable soft skills will set these professionals apart.
Flexibility
Your occupation is not just limited to your workspace. As an organizational psychologist, work from home is a viable option that many opt for especially during the pandemic, observing your workflow as a business psychologist via a computer from the convenience of your home while adhering to the government laws. According to Statista, 71% of the employees found success working remotely.
Convenience
It’s a programme that can be conveniently pursued online, which means that you don’t have to follow a definite order or time and aren’t bound to one specific location but can pursue at your own pace, in whatever location that is convenient to you, and learn independently and plan it according to your schedule or working style. In conclusion, if you are working or have other commitments, you can still pursue your degree in Business or Organizational Psychology.
Career Progression for students with Business Psychology:
- Human Factors Specialist
- Industrial Counselor
- Teacher or Professor
- Human Resources Executive
- Market Research Analyst
- Marketing Executive
- Corporate Consultant
- Industrial-Organizational Psychologist
- Recruitment or Training Specialist
- Sales Representative
- Employee Retention Consultant
- Customer Relationship Specialist
- Professional Development Coach
- Customer Service Manager
- Change Management Specialist
At Westford, we ensure your time is well spent by offering both on-site Business Psychology and Master’s in Psychology courses, as well as flexible study options like online learning, which is ideal for working professionals. This is also an excellent alternative to consider during the Covid-19 issue since it provides you with the possibility to complete your degree from the comfort of your own home and home country as the travel restrictions limit student mobility.
