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While some leadership skills are innate, many are learned. A degree in business administration can provide the necessary background to effectively lead and mange employees. Most degrees will lead a person toward a particular field, but a degree in business administration can open the door to a multitude of different careers. Read on to learn about some of the options with a degree of business administration.
Career Options with a Degree in Business Administration
A degree in business administration is an excellent springboard for a variety of careers. Some of the jobs that a person with this background can be qualified for include:
- Administrative executive
- Consultant
- Manager
- Human resources employee
- Chief Executive Officers (CEO)
It is common for students who know they want to enter the business world, but aren’t decided on the particular field, to choose a degree in business administration. It’s also common for people who’ve been in the workforce for many years to choose this degree when they want to further their career.
Salary Ranges for Graduates of a Degree in Business Administration
Due to the fact that there are so many different job opportunities within the field of business administration, there is not concrete number as far as the average or median salary is concerned. However, the following are median salary statistics compiled by the U.S. Bureau of Labor Statistics regarding several of the more popular careers choices within this field:
- Human Resources managers – $86,500
- Chief Executive Officers – $91,570
- Administrative executive – $44,010
As with most careers, the more experience and education a person has in their particular field, the higher their salary will be.
A Degree in Business Administration
There are both Associate and Bachelor degrees available in business administration. An Associate’s degree will typically take 2 years, if the student is attending school full time, while a Bachelor’s degree will typically take 4 years for a full-time student. Both degree options can be completed on campus, online – or a combination of the two. The training for a degree in Business Administration typically doesn’t require a lot of hands-on instruction, which makes it an ideal choice for an online student.
Skills Gained from a Degree in Business Administration
A person who completes a 2 or 4 year degree can expect to learn the following skills during their educational career:
- How to communicate effectively with fellow employees, clients and vendors.
- How to create and execute an effective business plan.
- How to evaluate both qualitative and quantitative information and communicate the conclusions drawn.
- How to manage employees, including hiring and firing.
One of the many advantages of this degree is that the skills learned translate to virtually any industry and any location. Those who want a career either at home or abroad can utilize the skills learned in a business administration program to either work for themselves, work for an employer or consult others. The versatility of this career field is one of its biggest draws.
