What Is A Business Degree
A business degree teaches theories of finance, marketing, and management and administrationand how to apply these theories to real-world problemsin order to prepare the student for the fast-paced, fast-changing business world.
At the Bachelor’s level, there are a wide range of business degree specializations to choose from. Options include:
- Accounting
- Public Administration
- Healthcare Administration/Management
Many entry-level positions in businessfrom sports management to international businessonly require an undergraduate degree. Students in these programs learn broad industry best-practices and special knowledge specific to the intended career path, such as healthcare workflows or renewable energy technology.
However, if you are aspiring to an upper-tier leadership role, you will likely need a masters degreeor even a doctorate. Earning an advanced degree late in your career can also deliver a salary boost within a current position.
The Pros And Cons Of Studying Business Administration
The world of business is continually changing as a more skilled workforce steps onto the playing field. For todays business leaders to consider you for any top position, you must have the desired education, credentials and skills under your belt.
Now more than ever, choosing a degree in a field with career potential and versatility should be at the top of every students list. Pursuing a degree in Business Administration at Florida National University might be what you need in todays fast-paced economy.
You may have found yourself here since your entrepreneurial mind, passion for leadership and management and your desire to advance your career drives you toward a career in business administration. But what are the advantages and disadvantages of pursuing a degree in business administration? Here are the pros and cons of studying business administration:
What Can I Do With A Masters In Business Administration
Adjunct Assistant Professor
Adjunct assistant professors in business administration usually teach part-time at community colleges, universities, and vocational schools. They can teach at multiple campuses and handle several courses. Apart from teaching business subjects to students, their duties can include developing course materials, evaluating students and advising them on their career goals, coordinating the academic projects of their school, and assisting other faculty members in creating/improving lesson plans. Adjunct assistant professors need to be knowledgeable in the subject they are teaching and have good communication and interpersonal skills since their job requires them to interact with students and faculty regularly.
Average pay per course: From less than $2,000 to more than $7,000
Financial Manager
Financial managers take care of the overall financial health of organizations. Their expertise covers a wide range of areas, such as tax regulations, budgeting, and long-term financial planning. Depending on the type of organization they work for, financial managers may handle daily tasks, such as analyzing financial markets and data and presenting them to senior managers, preparing financial statements and forecasts, reviewing financial records of the company to reduce risk, and find other expansion opportunities.
Median salary: $134,180
Senior Business Analyst/Management Analyst
Median salary: $87,660
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Pursuing A Bachelors Degree In Business Administration
Pacific Oaks Bachelor of Science program in Business Administration empowers students to pursue successful careers in business. Our online and in-person programs provide students with a foundational knowledge of business theories and practices across many fields.
Learn more about our online degree program today and begin your journey into business administration.
Wondering what makes business administration distinct from business management? Learn the difference between the two fields here.
School Of Business September 12 2019
Whether you are just starting out, or looking to improve your business administration skills, studying to receive your business administration diploma is a great choice. But, how come? Why a business administration diploma? Well, its because with a business administration diploma, there are endless career paths you can take upon graduation. business administration programs prepare you for a variety of entry-level positions in the business sector, including marketing and sales, financial services, human resources, or management. Cool, right? Keep reading to learn specific jobs including their dutiesyou can get with a business administration diploma. Well also dive into specific things you can do to set yourself up to be competitive in the job market.
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Business Administration Career Paths
Along with factors like program cost and length, on-campus requirements, and accreditation, students should weigh available concentrations or specialties and how these options may affect their available career paths. Many students — even at the undergraduate level — tend to know the business administration careers they want to pursue.
To prepare for their target career, a student should select a concentration that matches their professional aspirations. Check out the following list of specialties, which contains traditional and modern business career pathways.
This path covers the financial aspects of business, including financial statements, transactions, and the reconciliation of accounts. In addition to financial accounting, enrollees also study auditing, cost accounting, managerial accounting, and tax accounting.
Learners explore the technical and business sides of management information systems to prepare for this career path. Given that computer and information systems managers typically need graduate degrees and basic business proficiency, master of business administration degrees with a concentration in computer information systems may be an especially sensible choice for this field.
With a focus on investments, raising capital, and managing risk, finance is one of the core functional areas of business, and business administration students already study this topic to some degree in their core curriculum.
What You Can Expect To Learn
Students can earn an associate, bachelor’s, masters, or doctoral degree in business administration. With an associate degree in business administration, you can expect to learn the foundations of business knowledge needed to efficiently work entry-level business jobs. Bachelor’s degrees equip students with a strong understanding of business fundamentals, management principles, and the interpersonal skills needed to thrive in the business world. Master of Business Administration programs prepare students to operate in a variety of different roles, with most being management positions. Doctorate programswhich grant either PhDs or DBAs require candidates to write a dissertation which involves doing independent research.
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What Is A Business Management Degree
A business management degree teaches a range of administrative, marketing or even accounting tasks, how to work closely with a team and develop skills to manage a business or organization successfully. A business management degree can refer to a/an:
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Associate in business management: Two-year program that teaches how an organization functions and includes coursework such as business law and ethics, principles of marketing and project management.
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Bachelors degree in business management: Four-year program that teaches the overall management of a business, including risk management and strategic management. Students in this program pick a specialization to focus on, such as marketing, entrepreneurship or real estate.
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Masters degree in business management: Two-year program provides higher level coursework on management and leadership topics as well as chosen specialization.
Take On Added Responsibility
One effective way to show your work ethic is to seek out additional responsibilities at work. Not only does this show a willingness to do more than the minimum, but it also allows you to grow your resume. When you take on new tasks, it allows you to develop your responsibilities and your skills section on your resume. A more diverse and expansive list of duties and skills is appealing to a prospective employer when seeking a new job or promotion.
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What Can I Do With A Business Administration Degree
A Bachelor of Science in Business Administration degree is designed to provide students with a strong academic foundation in core business functions including general business administration, accounting, finance, project management, information technology, human resources, marketing, international business, logistics and organizational behavior. These competencies are flexible enough that upon graduation, careers in a variety of different fields may be available. Students may initially be interested in business administration because they feel they have leadership skills and think they could be successful managing teams, but as they take courses they discover theres so much more to business administration than management.
Marketer And Marketing Managers
Marketers can also work in advertising or other creative and media fields, including graphic design, social media marketing, radio marketing, commercials, and more. Marketing managers in particular can make around $142,170. Other degrees aside from BBA include retail management, international marketing, , and marketing research.
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Master Of Business Administration In Strategic Leadership
The Barton Strategic Leadership MBA offers the opportunity for students to develop their skills and to grow professionally and personally. This curriculum offers 2 choices for a path to your MBA earn your MBA in as little as 16 months if you already have a bachelors degree alternatively, enrolled students can opt for dual enrollment to earn the BA and MBA in just five years.
The Barton Strategic Leadership MBA offers the opportunity for students to develop their skills to grow professionally and personally. This curriculum offers 2 choices for a path to your MBA Earn your MBA in as little as just 16 months if you already have a bachelors degree alternatively, first-year students can opt for dual enrollment to earn their BA and MBA in just five years.
Business Administration Jobs List
Because nearly all fields need individuals in administrative positions, your options as a business administrator are plentiful. Whether you are choosing based on salary or your preferred duties and responsibilities, here are some top business administrator opportunities, along with the most up-to-date salary information from Indeed linked to each job title below:
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Fnu Business Administration Associates Bachelors And Masters Degrees
At FNU, our business administration programs are fully-accredited and our Associate of Arts, Baccalaureate and Masters in Business Administration programs are nationally recognized.
For both the Associate and Baccalaureate degrees, some of the classes you will take as upper core requirements include Principles of Accounting, Business Law, Microeconomics, Marketing, etc.
In consultation with your college counselor in your department, you can take upper-level electives from FNUs broad selection of classes in other related fields, the recommended electives that will serve you best in a career in business administration include:
- Business Research Methods
- General Management
At this level, students can delve profoundly at a superior level in topics such as Health Informatics, Managerial Financing, Corporate Financing, Health Care Law & Legislation, Services Marketing, Consumer Marketing, Contemporary Project Management, Federal Taxes, and Management Decisions.
If you start with an Associates Degree, your career may start as a specialist or technician managers are more likely to hold Bachelors degrees, while MBA graduates can become directors.
Jobs For Business Administration Professionals: Salary And Responsibilities
Business administration is a career where an individual oversees the performance and operations of a business. Graduates with a degree in business administration have the opportunity to work in a broad range of fields.
In this article, we will discuss the salary for a business administrator, explore business administration jobs and how to advance in this career.
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Career Options To Consider For Business Majors
Jo Zixuan Zhou / The Balance
Business majors develop many valuable skills and areas of knowledge that enable them to make a significant contribution to the corporate and not-for-profit worlds. They can quantify a set of data, evaluate the financial impact of decisions, and use figures to back up their proposals.
College students who major in business learn to write in a clear and concise manner while crafting case analyses and other business papers for their classes. Professors often require them to complete projects in groups, so they learn the challenges and value of teamwork while refining their presentation and leadership skills.
What Are The Highest Paying Jobs In Business Administration
Some of the highest paying jobs in business administration include chief executive roles. These professionals earn a median annual income of $179,520. Other positions include computer and information systems manager and financial manager, who earn median salaries of $159,010 and $131,710, respectively.
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Is Business Administration A Good Major
Yes, business administration is a good major because it dominates the list of most in-demand majors. Majoring in business administration may also prepare you for a wide-range of high-paying careers with above average growth prospects .
Before you decide to pursue a major such as business administration, it is essential to understand the career implications this major may provide.
Some of the questions you might have in this discussion are:
- What is the potential salary for a business administration major?
- Is the business industry projected to grow or shrink in the foreseeable future?
- Will a business administration major provide a career that will give me job satisfaction?
- What are the opportunities for career advancement?
Having solid answers to these concerns can help you feel confident in deciding if a business administration major is a good fit for you.
What Are The 10 Most Important Soft Skills In Business
As mentioned above prospective employers always look for candidates that posess more than theoretical knowledge. Not every business skill is teachable. Additional language skills, software skills, and certifications, are crucial to round up your skills and make your resume more attractive to employers. A well-rounded candidate should have a combination of theoretical knowledge and soft skills that support success in business.
Here we compiled the top 10 soft skills that business graduates need for success:
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Leadership
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Conflict resolution
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Which Certification Is Best For Business Administration
The best business administration certificate will depend on your field of specialization. For example, if you specialized in finance management, obtaining finance certifications from recognized bodies, such as the Financial Management Association can be a good addition to your resume. If you want to advance your skills in management, getting a professional certificate, such as the Professional Management Certification provided by the Institute of Certified Professional Managers can be an excellent choice. Other in-demand certifications include those in project management, business analysis, digital marketing, and leadership.
What Can You Do With An Bachelor’s In Business Administration
Accountants prepare and examine financial documents, document financial transactions, and recommend financial actions after analyzing accounting options. Auditors review organizations’ financial records to ensure validity and accuracy. To work as an accountant or auditor, each candidate needs a bachelor’s degree in accounting or a related field, like business administration.
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Highest Paying Business Administration Jobs
Some people go all the way to the top with their Business Administration degrees.
Heres what average high-level management and executive salaries could look like based on figures from the Bureau of Labor Statistics:
- Chief Executive: $185,950
There are opportunities for business-planning and leadership roles everywhere from emerging startup companies to well-established corporations.
Careers With A Bachelor’s Degree In Business
There are countless job roles available to business administration majors who earn a bachelors degree. Here are just a handful of the most in-demand and fast-growing career paths out there.
Accountants
What they do: Accountants maintain and analyze financial records and authorize payments. They review financial statements, ensure their organizations record keeping meets legal and regulatory requirements, and perform audits to look for missing information, errors, or irregularities. They may also calculate taxes for businesses and individuals and prepare tax return documents.
How to become one: Earn a bachelors degree in business administration with an accounting specialization and then take and pass the Certified Personal Accountant or Certified Management Accountant examinations after graduation. This is a requirement for many types of accounting jobs in most states.
Management Analysts
What they do: Management analysts, also called management consultants, help organizations cut costs and achieve better organizational effectiveness. Management analysts will conduct surveys, reviews, and audits to create a complete picture of what is happening in the companys finances, HR department, operations, and other areas, and then define problems to be solved. They will research potential solutions and present findings to management. They may also work with organizations that carry out the improvement plans and follow up on results.
Human Resource Specialists
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Why Get An Online Business Administration Degree
An online degree in business administration will help open up doors to many different career prospects.
Large corporations and small startups need competent staff to manage day-to-day operations, marketing, sales, and finance. Studying business administration can help give you access to a diverse range of opportunities.
Furthermore, a business degree will help develop interpersonal skills, as you will take courses in communication. These courses help build confidence so that you can deal with different kinds of people in the workplace.
A degree in business administration also helps to improve your written communication skills. You will learn how to write reports and various communications and deliver strong presentations. If you love learning new skills, then you will enjoy studying business administration.
Studying business administration may also give you the chance to develop your creativity. Businesses need innovation and have good ideas and those who take the initiative to share what they have learned.
Doing an online degree also gives you the flexibility of studying on your schedule. Do you have a busy life that includes day-to-day responsibilities? An online degree may be ideal for you.
Common Job Titles For Business Administration Degree Graduates
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Graduating from college with a degree in business administration opens a world of opportunities to you. The types of jobs that are available to you will vary based on the aspect of business you focused your studies on in college, though you aren’t necessarily limited to careers specific to your area of specialty. Some positions may require specialized expertise, such as accountant positions, while others really just require a good knowledge of business overall.
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