What is Business Administration?
Business administration is simply interchangeable with the performance or management of business operations. Your work is to manage the employees and presides over the daily operations of an organization to ensure the business or company meets intended purpose.The goal is to achieve stability, growth and profitability for a business.
Business administration is a function of organizational structure, the desired system of task allocation, coordination and supervision. Some businesses choose to have a hierarchical structure, in which stockholders, a board of directors, an executive committee and managers work together through a system of checks and balances to achieve desired objectives.
Business Administration Degree Description:
The Business Administration degree is a university-parallel program equivalent to the first two years of a bachelor degree program. This program prepares students for majors in such areas as accounting, finance, management, marketing, human resources, economics, entrepreneurship, E-Business, small business management, and other business-related fields.
The Business Administration Program includes business and general education courses to provide a sound background for further study and a career in business.
Skills provided in Business Administration Degree for Business Administration Jobs:
- Time Management
- Organised and responsible
- Attention to detail
- Ability to multi- task and stay calm under pressure
- Planning and record keeping
- Good numeracy and IT skills
- Excellent literacy skills for report writing and drafting correspondence
What Can You Do With a Business Administration Degree?
So what can you actually do with degree in business administration you ask? Quite a lot actually. After earning a Business Administration Degree, most grads find work in the business field. They may accept jobs with large corporations, but just as often take jobs with small or mid-size companies and non-profit organizations. The Business major can lead to jobs in multiple sectors, including retail, education, government and private business. Other career options include consulting positions or entrepreneurship.
Business Administration Jobs Outlook:
A business administration degree is the gateway to many career options. You will learn the basics of business, which are the foundation to understanding the functions of the business world and are applicable to any industry. If you have a business degree, you can find work in every industry in nearly any location anywhere in the world.
The U.S. Bureau of Labor Statistics (BLS) reports that employment of general and operations managers is expected to remain steady in coming years. The number of business administration job openings in any given field will depend on the overall growth within that industry, so the best opportunities will likely be in high-growth fields such as healthcare and information technology. The prestige and high pay of business manager jobs often results in strong competition. Professionals with advanced education and relevant experience should enjoy the best opportunities.
Business Administration Jobs Salary:
Whether you want to be your own boss one day or climb the corporate ladder, business administration careers are booming. When it comes to getting ahead in the business world, one of the most important opportunities for today’s professional to take advantage of is education. The more educated professionals are the more likely they are to be promoted and the more likely they are to earn a higher salary.
The average salary for business administration jobs is $59,000. Average business administration salaries can vary greatly due to company, location, industry, experience and benefits.This salary was calculated using the average salary for all jobs with the term “business administration” anywhere in the job listing.