Explore Business Degrees & Careers

BASICS OF AN ONLINE BUSINESS DEGREES

Because the field is so diverse, it can be hard to pin down an all-encompassing answer to the question “What does a business administrator do?”

Business is generally comprised of multiple functions. Because of this complexity, there is a huge variety in the different types of business degrees available to you, like Accounting, Marketing, Finance, Human Resources and Technology, just to name a few.

With so many specializations within business degree programs, it can be a bit daunting when trying to decide which best fits your interests or career aspirations. However, business degrees such as Bachelors in Business Administration or a Bachelors in Business Management could give you a solid comprehensive foundation in important business areas like accounting, sales, operations and organizational leadership. You’ll also be better equipped to manage and lead a team of people, which is beneficial if you have hopes of advancing your career into leadership positions.

Is an Online Business Degree PROGRAM FOR YOU?

Are you inspired to one day own and operate your own business? Or do you see yourself as having the potential to lead and manage other in a business setting? Pursuing a degree in business administration may be the first step to attaining your business career goals.

One of the primary purposes of business administration is to preside over daily operations of an organization to ensure that things are running smoothly, efficiently, and profitably.

Business CAREER PATHS AND POTENTIAL SALARIES

There is a great deal of overlap in the material covered by business degrees like, Bachelor of Business Administration (BBA), Bachelor of Science in Business Administration (BSBA), and Bachelor of Arts in Business Administration (BABA). Depending on your area of concentration, experience, and goals, you may be able to pursue pretty much any business career path you choose. That said, each degree type offers different areas of focus and preparation. Check out just a few possible career options that you may want to pursue if you earn a degree in business administration:

Administrative Services Managers (i)

Administrative services managers help keep a business running smoothly. They plan, direct, and coordinate supportive services of an organization. Their specific duties can vary from company to company and industry to industry.

  • Median Salary: $94,020 per year
  • Job growth through 2026: 10% (Faster than average)
  • Typical Entry-level education: Bachelor's degree

Advertising, Promotions, and Marketing Managers (ii)

Advertising, Promotions and Marketing Managers create interest among potential buyers of a product or service. They do this for a department, for an entire organization, or on a project basis (referred to as an account).

  • Median Salary: $129,380 per year
  • Job growth through 2026: 10% (Faster than average)
  • Typical Entry-level education: Bachelor's degree

Financial Managers (iii)

Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization.

  • Median Salary: $125,080 per year
  • Job growth through 2026: 19% (Much faster than average)
  • Typical Entry-level education: Bachelor's degree

ADDITIONAL SKILLS AND TRAITS FOR A CAREER IN BUSINESS MANAGMEENT

You may already know this, but one of the most important qualities a business administrator should have is strong leadership abilities. Being an effective communicator is also essential, as a large part of this job likely involves interacting with others. You also need to be comfortable with taking on responsibility and being accountable for both yourself and your employees.

In terms of technical and personal skills, you should strive to excel at:

  • Reading, writing and speaking
  • Attention to detail
  • Ability to multi-task
  • Good time management
  • Staying organized
  • Computer and IT (information technology)
  • Planning and record keeping
  • Accounting/budgeting
  • Analytics/decision-making
  • Staying patient and level-headed

(i) bls.gov/ooh/management/administrative-services-managers.htm | (ii)bls.gov/ooh/management/advertising-promotions-and-marketing-managers.htm | (iii) bls.gov/ooh/management/financial-managers.htm