Moving From School Into Business Administration Jobs
When colleges and universities have connections with major corporate entities in their communities, students can gain a more direct path into the world of business. Internship programs grant real-world examples of business administration tasks, and can help clarify students post-graduation choices.
Faculty, play a huge role in determining their students level of success. Professors should possess relevant, current knowledge and be willing and available to answer pupils questions, and to put them at ease when the time comes for them to transition into the real world.
Applicants considering entering a business administration degree program dont have to wonder whether they would be fulfilled in one particular role post-graduation. There are so many different fields and areas of focus using the concepts learned in BSBA courses that degree recipients can take the time to find the career that fits them best.
For instance, nonprofit organizations need operations managers to keep their day-to-day activities on task. Health care facilities need trained employees to take care of their finances and financial businesses will increasingly call on analysts to guide their decisions. Business administration graduates can see themselves taking on many roles across a wide variety of fields. This is one of the most exciting possibilities of pursuing such a degree.
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Online Business Administration Bachelors Degree
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How To Find A Job In Business Administration
When looking for jobs that will suit your business administration degree, you may want to search for the specific tasks you want to do, as opposed to searching for business administration jobs. Because business administration is such a broad term that covers a lot of possible careers, searching instead for the experience or role youd like to have such as executive assistant or resource manager will likely result in the postings you are interested in.
Many schools also offer career services to their students at no extra charge. This can be a great resource for learning how to write a resumé, gleaning interview tips and even understanding how to effectively apply for jobs.
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How To Earn Your Business Administration Degree Online
Follow these steps to pursue your online business administration degree at DeVry:
Why Earn A Business Degree
According to a 2014 Georgetown University study reported by Forbes: a college graduate will earn a median $1 million more than a high school grad over his or her lifetimecompleting a law, business or other professional degree adds another $1.3 million to that figure.
Its clear that adding a business degree to your resume will likely lead to a higher salary, whether you are a recent graduate or an established professional in your field. However, thats not the only reason to earn a business degree. It can boost your career performance in many other ways:
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What Is A Degree In Business Administration Good For
A business administration degree helps you develop the fundamental skills you need to become an entrepreneurial thinker and decision-maker. Most business programs include coursework in accounting, marketing, finance, human resources and information technology. According to the National Center for Education Statistics , business continues to be the most popular undergraduate degree program in the U.S. Of the 3 million students who completed bachelors degrees in the 2019-2020 school year, 387,900 were business majors.
Business administration programs may cover a wider range of topics than other programs, such as finance or accounting. Still, these programs may allow you to specialize in a specific content area after completing a core of business and general education courses.
For example, at Southern New Hampshire University , you can choose from more than a dozen business administration concentrations:
Specializing in a particular business area can help you tailor your degree to the industry you plan to enter after you graduate.
If your goal is to become a manager, you could consider advancing your education with a Master of Business Administration after earning your undergraduate degree. Often referred to as an MBA degree, this program builds upon your foundational skills and helps you in roles that require critical thinking and problem-solving.
Benefits Of Business Administration Career Advancement
As you advance your business career, a number of advantages may open up to you, including higher pay, greater respect in your chosen industry, and more influence on the direction and growth of an organization. For motivated individuals who are interested in striking out on their own, a business administration degree can help provide the foundational knowledge and skills needed to advance their careers via entrepreneurship.
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Skills To Develop For A Career Path In Business Administration
You will need both technical and people skills to advance as a business administration professional. With formal training and work experience, you can acquire most of the skills you need in your career advancement.
Through training, students in business administration develop leadership skills and are better equipped in analytical, communication and problem-solving abilities. You will develop some skill-sets that would help you to critically analyze a problem and apply the necessary approach to solve the problems. Management of a large group of people who are part of a team is another skill you would develop in this field. With your knowledge, you can foster professional communications in your organization.
There are also a number of transferable skills you could develop and they include:
- An in-depth understanding of organizational structure and behavior.
- Time, project and resource management
- Self-reliance and initiatives
- Ability to conduct research, interpret and use and financial data.
Learning business administration is a continuous process. You will also learn to plan, organize, lead, and support the resources that make up the business world. With more certifications and career development, you are likely to gain better experiences and skills. Interestingly, employers are on the lookout for graduates in the field of business administration with a variety of skills.
Benefits Of A Business Administration Degree
As with any industry, the benefits of a business administration degree will vary depending on your individual skillset, professional background and personal goals. Here are some of the potential benefits of working in business administration:
- Opportunities are on the rise â The Bureau of Labor Statistics projects 750,800 jobs in the areas of business and financial operations between 2020 and 2030.1
- Work in a variety of industries â Effective business skills are needed for a variety of roles in nearly all organizations and industries.
- Hone your leadership skills â Understanding how businesses operate and various functions intersect can help prepare you to work within or lead cross-functional teams.
- Gain well-rounded knowledge â Business professionals often maintain a well-rounded knowledge base in many areas of business from accounting and finance to project management and technology trends.
- Pave your own path â With so many potential paths you can take, a business administration degree can help you carve out a future that aligns with your individual goals.
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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.
Skills You Can Gain In The Business Administration Degree Program
The core courses in your business administration degree program are designed to teach you foundational business skills such as:
- Accounting: Learn to analyze financial statements and accounting information to make decisions.
- Business Strategy: Prepare to navigate the modern global world of business by reviewing relevant case studies. Develop skills for critical thinking, decision-making and leadership.
- Economics: Prepare for the real world of economics by learning about strategic planning, management and analytics.
- Finance: Learn the basics of corporate finance and use software to analyze and solve real-world business concerns.
- Leadership and Teamwork: Develop leadership and teamwork skills as you practice business decision-making, critical thinking and problem-solving.
- Management: Develop your managerial skills and learn the basics of managerial theories and responsibilities. Explore the crucial areas of human resources, planning, organizing, business communication and directing.
- Expand your marketing skillset and keep up with the latest trends by studying subjects like forecasting and selling as well as how marketing and operations intersect.
- Statistics: Learn research and evaluation techniques to help you analyze data and make informed decisions.
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Careers To Pursue With A Business Administration Degree
A degree in business administration opens the door to a variety of job opportunities. Discover five business administration jobs here.
A business administration degree provides you with the foundational knowledge of business theories and practices, functions, finance, marketing, logistics, project management, and more. It also prepares you for diverse career opportunities by providing you with applicable, real-world skills fit for use in a variety of organizations.
Business Developer / Business Consultant
When small business owners want to take that next step towards growth and expansion, they may either retain the services of a business development consultant or hire one as a director.
Business developers formulate and apply strategies to help companies expand their commercial footprint they may come up with new products and services, forge partnerships or enter new territories. For medium and enterprise-level companies, developers will typically need MBA degrees and report directly to executive boards.
Business consultants also referred to as management consultants, help companies propose ways to improve a businesss efficiency. They advise managers on how to make an organization more profitable through reduced costs and increased revenue. Management consultants generally organize information about a problem and design a procedure for improvement, recommend new systems and organization changes, and confer with managers to ensure changes are working.
The Bureau of Labor Statistics indicates the employment of management consultants is projected to grow 14%, or much faster than average, by 2024.
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How Can I Advance My Career In Business Administration
Advancing your career in business administration is a combination of gaining years of work experience and continuing education. Most postgraduate programs in business administration require a related bachelors degree. For instance, a candidate who has a degree in International Business might be more qualified compared to someone with a degree in history.
Getting professional certificates can also have benefits to advance your career. There are literally hundreds of certificates available for a wide range of specialized skills. Popular ones include Agile certifications, project management certifications, online accounting certificate programs, and HR certifications.
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.
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Business Administration Career Prospects And Growth
Entering a business administration major into a job search engine may not pull up many job listings.
But that isnt because there isnt a demand for employees with this major. Its the exact opposite!
In fact, a business administration major can help equip you with the skill set for a variety of careers across multiple fields.
According to the Bureau of Labor Statistics, the average growth is at 8% for the business and financial operations industry.
A business administration major can help prepare you for a career in a variety of fields with above-average growth. Business administration majors may be found in health care management, business management, finance, accounting, and marketing.
With a business administration major, you may work in a variety of positions with above average growth as seen in these careers.
- Management Analysts: 14% growth
| Appraisers and Assessors of Real Estate | $58,650 |
Regardless of the field that you choose to work in, from health care management to real estate, with potential salaries at nearly double the national average, a business administration major may be an astute financial decision.
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What Else Can A Business Administration Major Do
Operations Research Analyst
Operations research analysts help organizations solve problems by using a variety of mathematical and analytical methods. The job outlook for this role is projected to grow by 25% from 2019 to 2029, much faster than the average for all occupations . Operations research analysts can work in sectors like logistics, healthcare, and manufacturing. Their most common duties include gathering data related to a problem or area they need to improve, using predictive modeling to analyze information and develop practical solutions, and writing reports explaining their findings.
Health Services Administrator
Health services administrators are responsible for planning and coordinating medical and health services. This occupation is estimated to grow 32% from 2019 to 2029, making it a very in-demand job relative to other occupations with 4% growth for the same period . Health services administrators might involve managing an entire health facility or only a specific clinical area, department, or medical practice for a team of physicians. Some of the common tasks they do include managing patient fees and billing, preparing budgets to make sure departments operate within their funds, and creating work schedules for employees.
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What Is A Degree In Business Administration
Business administration programs are designed to train you in the basic practices of business. A business administration degree program will teach you the ins and out of running a business, as well as how to keep organizations running smoothly and effectively and the principles that make a manager successful. These skills are extremely necessary to prepare you for employment in a wide variety of business settings.
Courses related to this degree will typically cover all aspects of working in and managing a business environment. For example, you may be required to take courses in accounting, economics, finance, management, statistics, and marketing. That said, some business administration programs will take a particular focus on an aspect of business rather than taking a wider approach. In that case, the program may hone in on factors like the ethical, multinational, or leadership sides of business.
Many programs will also include a capstone or internship requirement that has to be completed during your final semesters of school. This is to make sure you are graduating with real world experience applying what you learn in the courses.
Why Pursue A Career In Business Administration
Business administration careers need professionals who can think analytically, lead teams, and perform research. Although most academic programs help learners to develop and hone these traits, individuals should also have a passion for using them to complete tasks and solve problems on the job.
A business administration degree allows graduates to work in nearly any private industry — companies and organizations require business professionals who can help them succeed financially. As a result, business administrators can look for a field that aligns with their expertise and passion.
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What Are The Different Types Of Business Degrees You Can Pursue
Business degrees come with a wide range of titles, but the common thread is that all business degrees teach you how to run a business effectively. Not all colleges or universities offer every degree program, and some use different names for similar majors.
For example, a business administration major may be called a business management degree at some colleges or universities. And, some degree programs will offer specialized business degree concentrations, which focus on certain areas of business, like marketing, finance, human resources, project management, healthcare management, economics, or accounting degrees.
When searching for schools, start by looking at the business majors offered and the options for specialized concentrations or degree tracks. Once you have an idea of what is offered, you can choose the major that most closely fits your goals for your business administration career.
If you want to work in business administration, choose the major with as close to a focus on administration duties as possible. Look at the degrees focus and the types of courses youd be taking to help determine whether the program is going to offer the type of education and skills training youre looking for.
