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- Yes, business administration is a highly regarded major due to its broad applicability in the job market and the comprehensive skill set it provides. You graduate prepared to work in various sectors, from finance and marketing to human resources and operations, and can adapt your skills to the needs of different industries.
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Mar 22, 2024 · Getty. A business administration degree can open the door to many career paths. Business administration students can choose from a variety of career-focused concentrations, such as...
- Overview
- What is a business administration degree?
- Business administration positions
- 27 jobs you can get with a business administration degree
- Related business administration careers
“Business administration” has different meanings depending on how it’s being used. To some, it refers to a college degree program that teaches basic business principles and practices. In the work environment, it refers to a company’s efforts to achieve organizational goals and objectives through improved use of human and material resources. In this...
A business administration degree from a junior college, college or university can lead to jobs in multiple industries including manufacturing, health care, education, finance, civil service, nonprofits and retail. Some professions may require that you hold a Master’s of Business Administration (MBA), Doctor of Business Administration (DBA), Ph.D. i...
In the workplace, business administration is the supervision of a company's operations and the organization of its resources to achieve specific goals and objectives. The position may also be known as “business management.” It is a broad field that covers the management of an organization's accounting, finance, marketing, human resources and daily activities. Business administrators plan long-term strategies and projects to accomplish the company's vision.Typical responsibilities include:
•Working individually and as a team
•Organizing and supervising staff members
•Hiring new employees
•Motivating employees
•Managing resources
1. Accountant
National average salary: $55,839 per yearPrimary duties: An accountant reviews the financial records of the company they work for or their clients. They carefully analyze financial data, reports and budgets to measure success. A managerial accountant evaluates financial data to see if it's aligned with the company's goals whereas a financial accountant works with financial records that need to be reported to external stakeholders.Related: Managerial Accounting vs. Financial Accounting: Definitions and Differences
2. Actuary
National average salary: $113,988 per yearPrimary duties: An actuary is a professional who assesses the financial risks of business decisions. They use mathematics, statistics and financial concepts to review uncertainty in areas linked to insurance and pension programs. Actuaries may work for consulting firms, banks, hospitals or the local or federal government.Related: What Is Actuary Sciences?
3. Business consultant
National average salary: $69,029 per yearPrimary duties: Business consultants recommend strategies to improve efficiency and boost revenue. They work with managers to implement organizational changes that reduce costs, boost productivity and increase profits. Business consultants work in diverse industries including the banking sector, manufacturing, retailing and franchises.Read more: 14 Types of Business Consultant Careers
If a traditional office setting isn’t the right fit for you, consider business administration positions in these careers:
•Construction manager
•Farm manager
•Hotel manager
•Land manager
•Nursery manager
This article highlights the top 10 highest paying jobs available to business administration degree holders, providing valuable insights into each profession and why they are worth considering.
- Joe Mcgoldrick
- Content Marketing Manager
- Sales Manager. A sales manager is in charge of a company’s sales team or sales department. At a median annual wage of $132,290, the BLS indicates these positions are growing faster than average (7%) — 27,900 new jobs opening in the next 10 years.
- Human Resources Specialist. Human resources specialists are in charge of managing and maintaining the company staff. While the primary purpose of a human resources specialist is to seek, screen, interview and hire workers, most are educated in all HR activities and frequently undertake additional human resources duties, including employee relations, salary and benefits and training.
- Management Analyst. Management analysts help companies find ways to operate more efficiently. They advise managers on ways to boost the profitability of enterprises by reducing expenses and increasing revenues.
- Health Service Manager. A health service manager coordinates the business side of a medical practice or clinic. The rate for health service manager jobs is growing at a considerably faster than average rate of 32%, adding 139,600 new jobs over the next decade.
Why is choosing a business administration course a good choice? Business administration is a smart choice for securing a successful future as it can open doors to a variety of career options. It helps students obtain roles that have long-term prospects.
Jun 27, 2024 · Key takeaways: A business administration degree is a multi-disciplinary qualification that can open up diverse career paths in various sectors like healthcare, finance, retail and manufacturing, including roles like project managers, sales representatives and marketing managers.
Jul 8, 2024 · Business administration graduates can pursue diverse careers, such as Project Manager, Sales Manager, HR Specialist, Financial Advisor, Market Research Analyst, Operations Manager, Business Consultant, Health Service Manager, Construction Manager, and Executive Assistant.
