There are two types of musicians, those who only want to make good music and those who want to make good music that sells. If you belong to the latter category then read on as many musicians want to make a career out of their talent as opposed to those who make music as a hobby.

But musicians and their’s families members still believe that it is difficult to make a living out of music. Eventually, many good musicians end up taking up jobs that will provide them with security and do not want to take up music as they think it is risky and not secure. On the other hand others invest in binary options trading with Fintech LTD which gives them the flexibility needed to resume with their careers in music as well.

On the other hand those who choose music as their career do not make a lot of money as they lack the knowledge about the business aspect of the music industry. But all hope is not lost as Music Business courses are now a reality and are being offered by many colleges. The copyright laws [1] are now protecting your work better than ever.

So what is a Music Business finance course?

A Music Business course will cover all the basic aspects that is common to all businesses and also teach you the music-industry specific business aspects. The courses are available at both the bachelor and Master’s level. Typical course syllabus will cover the following topics

  • Crowdfunding concepts
  • Money market and the music business
  • Stocks ad IPOs
  • Business loans
  • Business administration
  • Intellectual property
  • Artist management
  • Music business entrepreneurship
  • Financial accounting
  • Copyright law

Teaching method

Due to the nature of the industry, the courses are designed with a lot of industry exposure as part of the syllabus.

Internship

Students will learn by interning at record labels, artist managing companies, music channels, music magazines and performance centers.

Hands-on learning

The courses also allow hands-on learning by requiring students to participate in various activities of music associations

Training

The courses also aim at training students in both the creative and professional aspects of the industry.

Careers

Music business courses are not limited to artists as the music industry requires a host of professionals to market the music being produced. Hence if you do not intend to become an artist but would like to be associated with the music industry, then there are a lot of career options you can choose from. Here is a list of career options to consider

  • Record executive
  • Concert promoter
  • Radio promoter
  • Entertainment attorney
  • Retail manager
  • Booking agent

Eligibility

Most courses will take anybody with a high school graduation. However, some colleges require a basic math course as a pre-requisite.

Conclusion

The music industry will flourish as long as there are people and will continue to be a good business that can make huge amounts of money. Due to this, it makes complete sense to have an understanding of finance and the business areas of the music industry.

Whether you are an artist or a manager or an entrepreneur, a Music Business course almost becomes a necessity if you want to survive and be successful.

[1] Read more: https://www.copyright.gov/