What Jobs Can I Get with a Business Administration Degree?
Business administration degree programs at the bachelor's and master's levels can provide you with a comprehensive understanding of business practices and principles. With the knowledge and skills that you acquire, you might pursue a career in business management, purchasing, marketing or finance.
A business administration program can provide you with a detailed understanding of core business, financial and economic practices. Degrees are most commonly offered as Bachelor of Business Administration (BBA) and Master of Business Administration (MBA) programs. Many of these programs require you to choose an area of concentration, such as accounting, marketing or management.
A BBA degree requires four years of study and includes general education courses in the humanities, arts and sciences. An applicant to an MBA program needs a bachelor's degree, and some programs prefer someone with a few years of professional work experience. Most MBA programs require about two years of study, but some accelerated programs can be completed in one year.
Important Facts About Some Careers with a Business Administration Degree
|Administrative Services Managers||Buyers & Purchasing Agents||Marketing Managers|
|Required Education||Bachelor's degree||Bachelor's degree||Bachelor's degree|
|On-the-Job Training||None required||Long-term on-the-job training||None required|
|Work Environment||office setting||office setting; travel sometimes required||office setting|
|Similar Occupations||Top Executive, Cost Estimators, Property, Real Estate or Community Association Managers||Wholesale & Manufacturing Sales Representatives, Purchasing Managers, Financial Managers||Advertising Sales Agents, Sales Managers, Public Relations Specialists|
Job Opportunities for Business Administration Graduates
As a business administration graduate, you can find job opportunities in a variety of industries, including banking, sales, product distribution, human resources and account management. Positions are available at private companies, government agencies and nonprofit organizations.
Administrative Services Managers
With a bachelor's degree in business administration, you might apply for a job as an administrative services or office manager. Your responsibilities could range from overseeing office equipment maintenance to verifying that your organization is in compliance with contractual, government and safety requirements.
Specific duties may also vary based on the size of your employer. At a smaller office, you may manage all support services, while a larger agency may require you to oversee a single administrative department. According to the U.S. Bureau of Labor Statistics (BLS), administrative services managers earned a median annual salary of $96,180 as of May 2018 (www.bls.gov). The BLS projected job opportunities within this occupation to grow by 10% between 2016 and 2026.
Wholesale and Retail Buyers
A bachelor's or master's degree in business administration, along with knowledge of purchasing and economics can prepare you to work as a wholesale and retail buyer. Through careful analysis of market trends, customer preferences and inventory supply, buyers are responsible for purchasing the goods that their company intends to resale. A major component of this position is evaluating potential suppliers and choosing the one that best meets the needs of your company. The BLS reported that wholesale and retail buyers earned a median annual wage of $67,600 as of May 2018. That same year the BLS predicted that employment opportunities for this profession would decrease by 3% between 2016 and 2026.
With a bachelor's or master's degree in business administration with a concentration in marketing, you might enter marketing management. You'll play an integral role in the promotional activities of your company and may conduct research in order to determine target markets and gauge the public reaction to new products and services. According to the BLS, marketing managers earned an annual median income of $134,290 in May 2018. Employment opportunities for marketing managers were projected to grow by 10% from 2016 to 2026.
With an MBA and a concentration in finance, you may find work as a financial analyst. Job opportunities for financial analysts are available in a variety of settings, including at insurance companies, small businesses, banks and security firms. As a financial analyst, you may evaluate business decisions for a company based on its investment performance. Between 2016 and 2026, the BLS projected employment opportunities for financial analysts to grow by 11%, which was a faster rate than other occupations. As of May 2018, the annual median salary for financial analysts was $85,660.