Why Earn a Business Administration Degree?
What Are the Benefits of a Business Administration Degree?
Because a business administration degree can be applicable to so many industries and roles, there are many potential benefits. The following are three key benefits of a business administration degree.
- Broad understanding of how businesses operate: A business administration degree helps showcase your necessary understanding of how different areas of a business work together. Those areas can include finance, accounting, marketing, human resources, sales and more. Having the fundamental knowledge of how various functions within a business interconnect can help prepare you to lead cross-functional teams and take on a leadership role within an organization.
- Career growth opportunities: A business administration degree can prepare you to pursue employment in a growing field. For example, according to the Bureau of Labor Statistics, employment of administrative services managers is projected to grow, on a national level, 6 percent from 2019 to 2029, which is faster than the average for all occupations.1
- Flexibility: A business administration degree can provide the flexibility to work for many different types of organizations, in a wide variety of roles. You are not locked into one career path, but rather have the option to explore new opportunities during your career as your interests evolve.
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Where Can You Work with a Bachelor’s in Business Administration?
You name it. From publicly traded companies to privately held businesses to nonprofits to governmental agencies, virtually every organization requires the skills of someone with a business administration degree.
What Can I Do with a Business Administration Degree?
We know a business administration degree can prepare you to pursue a career in a wide variety of industries. But what specifically can you do with a business administration degree? Examples of potential roles include general and operations managers, sales manager, administrative services manager or management analyst. There are many other possible positions for someone with a business administration degree, at all levels within an organization.
Is Business Administration a Good Career?
What makes for a good career can be defined in many different ways. For some, a good career is one that provides a high-paying salary or offers frequent opportunities to take on new responsibilities. For others, it is one that may lead to senior management positions. That said, a business administration degree can indeed lead to a good career. As stated above, business administration is projected to be a growing field, with the Bureau of Labor Statistics projecting that employment in business and financial operations occupations will, on a national level, grow faster than the average for all occupations between 2019 and 2029, adding about 476,200 new jobs.2
In summary, there are many ways to answer the question, “Why earn a business administration degree?” From flexibility to career growth opportunities to the opportunity to lead others, a business administration degree could be right for you.
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1Local Growth Will Vary by Location. https://www.bls.gov/ooh/management/administrative-services-managers.htm
2Local Growth Will Vary by Location. https://www.bls.gov/ooh/business-and-financial/home.htm