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What is a Business Administration degree?
Mar 22, 2024 · Business administration students can choose from a variety of career-focused concentrations, such as accounting, finance, marketing, information systems, business analytics and supply chain ...
Jun 27, 2024 · 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.
Whether you're a business major aspiring to be a financial analyst, marketing manager, CEO, or pursue a related field of work, a business administration degree equips you with the necessary knowledge and skills to thrive in today's competitive business world.
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- What is a business administration degree?
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“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
What You Can Do With a Business Administration Degree. As a business administration graduate (degree program), you will also possess the entrance requirements for a range of advanced and professional degree programs in fields such as business administration (MBA), law and the social sciences.
Apr 18, 2024 · What can you do with a business administration degree? After you earn your business administration degree, you can start looking for jobs that appeal to you. Here are some business administration roles you can pursue. For the most up-to-date salary information from Indeed, visit indeed.com/salaries. 1. Office manager
Feb 4, 2022 · A degree in business administration can help you hone skills such as: Relationship building. Strategic thinking. Marketing. Marketplace management. Ethical decision-making. Goal setting. Communication. Accounting. Project development. The goal is to equip you with the skills necessary to manage a business successfully.
