Business administration professionals tend to have good communication, organization, and teamwork skills, as well as math and computer proficiencies. Students can expect to study calculus, psychology, sociology, economics, accounting, and statistics to gain the skills needed to work in a market research analyst, entry-level management, human resource, public relations, or systems analyst position. Business administration students graduate with quantitative and reasoning skills to prepare them for a wide range of entry level positions to improve business performance, assess investment decisions, promote goods and services, or direct distribution.
Classes and Assignments of a Business Administration Major
A business administration curriculum will include courses and concentrations in organizational communication, business law, information systems, management, operations, accounting, finance, marketing, and economics. Courses will mainly consist of lectures, case studies to analyze typical business problems, peer-collaboration projects, and technological training in spreadsheet, database packages, statistical analysis, financial projects, and market research programs. Business administration programs will also provide students with an advantage for GMAT and MBA preparation.
Degree Levels for a Business Administration Major
- Associate. An associate degree in business administration is a quick way to improve employment opportunities and career flexibility. Online associate business administration degrees offer coursework covering economic principles, contractual law, management theory, finance, marketing, and public relations.
- Bachelor’s. The undergraduate business major is the most popular major among undergraduates, according to The Princeton Review. Job seekers with online bachelors business administration degrees find starting positions as business consultants, financial analysts, advertising and promotions managers, and market research analysts.
- Master’s. Online masters business administration degrees emphasize basic analytical skills, understanding of modern capital markets and financial institutions, understanding of accounting language and concepts, leadership and organizational behavior, marketing, technology and operations management, business law, international economy, and corporate accountability. Students participate in case studies, field-based learning, and leadership exercises.
- Doctoral. Students may choose between a Ph.D. in business administration or a Doctor of Business Administration degree (DBA). Business administration Ph.D. programs prepare students for careers in research, analysis, and instruction from an area of interest. Students are usually required to pass a field requirement and submit a dissertation. A DBA, on the other hand, is academically equivalent to a Ph.D., and also requires a dissertation and emphasizes research, but unlike a Ph.D., the DBA focuses on the application of theory instead of the development of new theory.
A Future as a Business Administration Major
A business administration education may lead to a position as a managemement or financial analyst, an accountant, a public relations specialist, or even as a top executive, according to the U.S. Bureau of Labor Statistics. In fact, a bachelor’s degree in business administration offers one of the most lucrative starting salaries at an average $48,144 in 2011, according to CNN Money, making it one of the best college degrees for undecided undergraduate students. However, keep in mind that job availability and salary is not guaranteed. In fact, your job prospects and salary will depend on your employer, level of experience and education, and the general state of the economy.
- Administrative services managers
- Chief executives(Best salary!)
- General and operations managers
- Management analysts
- Purchasing managers
- Operations research analysts
- Insurance underwriters
- Sales managers
- Compensation and benefits managers
- Compensation, benefits, and job analysis specialists
- Medical and health services managers
- Property, real estate, and community association managers