Why Study Business Administration?Publish Date: Jun 26, 2009
A degree in business administration may opens a wide variety of doors for those wishing to pursue a career in many business sectors. Retail, hospitality, IT, manufacturing, education, non-profit, and others all need people with strong business acumen.
Students who study business administration also learn how to effectively communicate, strategies for time organization, computer skills, problem solving, and much more.
In fact, it would be difficult to think of any industry in which the knowledge gained by studying business administration would not be beneficial. This degree provides its graduates with a wide range of options when it comes to choosing which companies at which they can seek employment.
While some positions, even in management, may go to graduates with degrees in other areas, a decision to study business administration will often give you an edge over those with degrees in other areas.
This degree provides you with a variety of tools and knowledge that are valuable to any business. You will learn the basic business models and when it is best to apply each based on the type of business and other factors. You will learn how to analyze possible scenarios and then communicate how each of those scenarios could impact the business. The ability to analyze numerical data is also an important part of a business administration course of study.
In addition to those skills, students who study business administration also learn how to effectively communicate, strategies for time organization, computer skills, problem solving, and much more. As you can look over the list of skills, it is easy to see how this degree is valuable in most any business.
Of course, those who go on to earn an MBA (Master’s in Business Administration), may be able to land the higher-paying jobs. But even without an MBA, graduates of Business Administration are very marketable.
Here are some jobs and industries that you may consider if you study business administration.
- Sales: Sales positions have the potential to be extremely lucrative. Your degree in business administration opens the door to many of the best sales jobs.
- Banking: Bank managers, loan underwriters, and loss prevention specialists are just a few of the possibilities if you choose a career in banking. Many who hold now those positions have studied business administration.
- Insurance: Insurance underwriter is a career in which there is often a high demand. They are needed all over the country, so you will have options about where to live and work.
- Buyer: Buyers often are called on to travel all over the world to select goods for the companies for which they work. This is a great career choice for someone who loves to travel and can make decisions independently.
- Marketing Specialist: As a marketing specialist, you will work to promote the company and work on advertising campaigns. This position is crucial to the success of many companies.
- Human Resources: As a human resources manager, your job will be to find the best and the brightest people to fill open positions. Also, you will be responsible to ensure that federal, state, and local laws are followed and that employees receive all benefits to which they are entitled. Human resources managers are also often called upon to resolve interoffice conflicts and ensure resolutions satisfactory to all parties.
- Small Business Owner: Yes, if your goal is to open your own business, then studying business administration will give you the tools you need to both develop a business plan and see that plan through.
The above examples are just a few of the many career possibilities available to those who study business administration. The degree may provides a wealth of knowledge and skills that will be valuable to any business and, if properly applied, will help in your life outside of the office as well.