Sport and business degree? Here may be steps you can take (5)
I believe the answer is:
rumba
'here may be steps you can take' is the definition.
(dance steps)
'sport and business degree?' is the wordplay.
'sport' becomes 'RU' (rugby union).
'and' is a charade indicator (letters next to each other).
'business degree?' becomes 'mba' (Master of Business Administration degree).
'ru'+'mba'='RUMBA'
(Other definitions for rumba that I've seen before include "music one can dance to" , "One from Cuba" , "Latin American dance" , "number of steps" , "Afro-Cuban or ballroom dance" .)