As you are considering different educational pathways, you might find yourself wondering what jobs with a business administration degree are available. A business administration degree could be considered a versatile program, largely because the interdisciplinary curriculum encompasses many areas of business while giving students the opportunity to gain the skills required to succeed at any level.
Explore the advantages of this degree program and whether it may be the right choice for you.
The Versatility of a Bachelor of Science in Business Administration
A bachelor of science in business administration degree program is a broad and versatile undergraduate degree program that is ideal for students who are interested in developing the skills for pursuing a career in business. While other business degree programs may offer a more focused curriculum, this degree program is known for its broad scope — which may allow students to develop a solid foundation in leading business disciplines that include finance, accounting, marketing, management, business law, and supply chain management. As a result, they could graduate with an understanding of the business landscape and the advanced skills needed to navigate a wide range of positions in business.
Below are a few of the leading benefits of a business administration degree program:
1. Applicable to Multiple Industries
While other business degrees may focus specifically on niche disciplines, like finance or marketing, a business administration degree program could provide students with a broad understanding of the business landscape. The coursework for this type of degree often covers a vast variety of topics — such as business analytics, decision-making, policy development, communication, ethics, and global perspectives —which give students the opportunity to graduate with the industry-specific skills to pursue positions across multiple industries. This degree program could provide students with a unique opportunity to hone the core competencies required to personalize their career path moving forward.
2. Equipping Students With a Broad Skill Set
Due to the broad scope of a business administration degree, students may develop a diverse, transferable skill set. According to Indeed, some of the most desirable business administration skills in today’s job market include:
- Leadership – Organizations are seeking business professionals who have an advanced understanding of all business disciplines along with well-developed leadership skills. Graduates who are culturally competent, empathetic, and willing to collaborate are in high demand.
- Communication – Communication is a critical skill in the business field, as professionals across all industries need to be able to clearly and consistently communicate with one another in order to achieve both short- and long-term organizational goals.
- Digital literacy – The leading corporations and companies want to work with business professionals who know how to leverage the latest technology and are familiar with the role of business analytics in the decision-making process.
3. Preparing for Leadership and Management Roles
In addition to covering the basic business disciplines throughout the curriculum, a business administration degree program could prepare students for leadership and management roles by weaving soft skills into the curriculum. Leadership development and management skills may play a part in each course, which may help students develop an understanding of how to navigate administrative roles in multiple industries.
4. Fostering Entrepreneurial Spirit and Innovation
A business administration degree program not only focuses on the business skills that may be needed to pursue specific positions across multiple industries; it also may equip students with the skills to start their own businesses. Students could explore creative and innovative opportunities as they learn how to manage a business. Along with completing the required coursework, which emphasizes creative and innovative problem-solving in business, students may have the opportunity to explore extracurricular activities and experiences that allow them to hone their entrepreneurial skills.
5. Enhancing Global Business Understanding and Opportunities
A business administration degree may enable students to develop a global perspective, which could give them the ability to develop the necessary skills to take their career abroad. A global perspective in business is defined as a leadership mindset in which the individual acknowledges and accommodates the beliefs, values, and traditions of cultures around the world. In our current global economy, an international perspective could be essential for business professionals who want to grow throughout their careers.
Core Competencies Gained From a Business Administration Degree
At the core, a business administration program is a skills-based degree that could equip students with the key competencies to pursue a range of job opportunities. Throughout the required coursework, students may develop a variety of business skills — most of which are transferable across numerous industries.
The skills you may gain from a business administration degree program include:
1. Strategic Planning and Analysis
Those who enroll in a business administration degree program are often hoping to develop the leadership skills required to pursue higher-level positions in business, such as management or administrative roles. Within those roles, strategic planning and analysis are critical, which is why those skills are emphasized as part of a business administration program. Strategic planning and analysis is defined as the process of relying on data and actionable insights to identify the key goals of the organization. Business leaders often engage in strategic planning by documenting their vision for the business and creating short-term goals that need to be achieved in order to reach long-term organizational goals.
2. Effective Communication and Collaboration
Considered some of the most paramount soft skills in the business field, communication is woven into every aspect of a business administration degree program. Focusing specifically on the most relevant business communication skills, a business administration program prepares students to become communicators and collaborators who easily connect with their colleagues and coworkers in their chosen industry. Crucial business communication skills include active listening, presentation skills, negotiation skills, and the ability to both accept and receive feedback.
3. Financial Acumen for Business Decision-Making
In today’s dynamic business landscape, business professionals are required to navigate complex decisions in which finances play a central role. According to the National Institutes of Health Office of Human Resources, financial acumen is essential for business leaders to make sound and responsible decisions for their organization. Some of the financial acumen skills students may develop throughout the business administration degree program include the ability to:
- Identify the most cost-effective solution.
- Apply key financial principles during the decision-making process.
- Perform a cost-benefit analysis.
- Monitor, oversee, and understand the financial health of an organization.
4. Understanding of Marketing Principles
Throughout a business administration degree program, you may develop an understanding of the key marketing principles used in business. According to the American Marketing Association, marketing principles that business professionals should understand are:
- Product – Business administrators and managers should have a solid understanding of the products or services that they sell.
- Price – Business leaders should be able to set effective prices that generate revenue while attracting customers.
- Place – Business professionals should understand the best channels to use in order to promote their products and services to their target audience.
- Promotion – Business leaders should be able to create or oversee a dynamic marketing plan that generates buzz and attracts customers who are motivated to make a purchase.
Career Paths Unlocked With a Business Administration Degree
As a versatile degree program, business administration degree graduates should possess well-developed skills that allow them to pursue a range of careers. The following are some career paths and business administration degree jobs that may be available:
1. Finance and Banking Sector Opportunities
Business administration degree graduates should have an understanding of financial acumen, enabling them to pursue positions in the finance and banking sectors. However, it is important to note that while a business administration degree provides a solid base, many of these positions may require additional skills, experience, education, or professional licensure. According to the United States Bureau of Labor Statistics (BLS), some of the leading finance and business jobs include:
- Accountants – Accountants and auditors prepare financial documents and maintain financial records for organizations across diverse industries.
- Budget analysts – Budget analysts work with organizations to improve and streamline their budgets in an effort to maximize cost savings and increase revenue.
- Financial analysts – Financial analysts work with individuals and organizations to manage their wealth and develop investment strategies for them.
2. Consulting and Strategic Management Roles
Business administration graduates interested in a flexible and versatile career path may be able to pursue consulting and strategic management roles. The business skills acquired in a business administration degree program may prepare graduates for these types of positions. Business consultants are professionals who work closely with other organizations to advise them as they work to improve operations. These consultants may specialize in revenue growth, brand transitions, or product development, empowering them to carve out their own unique path within this field.
3. Entrepreneurship and Startup Ventures
Many students begin a business administration degree with dreams of becoming an entrepreneur. The broad scope of this degree program may equip graduates with the skills needed to pursue startup ventures in a variety of industries. Entrepreneurial endeavors allow business professionals to take charge of their careers and pursue a rewarding path in which they may take full ownership of the trajectory and outcomes.
Develop Skills Required for Business Administration Degree Jobs at Post University
There are a number of jobs with a business administration degree to consider, but it is important to choose a degree program that focuses on developing your business acumen. At Post University, we offer a Bachelor of Science in Business Administration degree (online or on campus) that emphasizes the core competencies to navigate an increasingly complex economy. Featuring coursework and concentrations focused on basic business disciplines — from economics and accounting to marketing and management — this program could prepare students with the knowledge and skills required to explore opportunities in the field of business.
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Please note jobs and/or career outcomes highlighted in this blog do not reflect jobs or career outcomes expected from any Post program. To learn more about Post’s programs and their outcomes, please fill out a form to speak with an admissions advisor.
