Candidates with a business administration degree are being sought by corporate, government, and non-profit organizations.
A 2019 study by Old Dominion University showed that 83.2% of companies were looking to hire at least one candidate with a business degree. The Bureau of Labor Statistics forecasts that business and finance jobs will increase by 7% between 2021 and 2031. The annual wage for these positions is higher than the median wage of all workers in the US, according to the BLS.
Business management skills are valuable, as people with leadership and business administration skills are needed to run operations, human resources. finance, and other departments in an organization.
Let’s take a deeper dive into business degree programs, and how they can help you launch a fulfilling career.
What is a Business Administration Degree?
Business administration degree programs are accredited educational programs that prepare graduates for a career solving business problems in a fast-paced, ever-changing world. Some business degrees are specialized with specific concentrations in a particular subject. Students learn a variety of topics such as business management, operations, finance, marketing, accounting, and entrepreneurship.
Is a Business Degree Right for You?
If you desire to have a lucrative, long-lasting career in business, earning a business degree and learning valuable business skills is a wise decision. Candidates with a business degree tend to earn more over the course of their career vs those who do not have a business degree, according to a 2021 report by the Georgetown University Center on Education on the Workforce. The higher the level of education, the higher the overall salary tends to be, though other factors also come into play.
Many employers look for candidates with a business administration degree, knowing they will have the necessary skills to solve business problems successfully.
What Do You Learn in a Business Degree Program?
Students of a business degree program will walk away with a solid foundation in business concepts including:
- Human resources
- Business management
- Finance and accounting
Upon completing a two-year business administration degree program, graduates should be able to do the following:
- Apply an understanding of global and economic, social, and environmental trends to issues and developments in the current business environment.
- Demonstrate an understanding of ethical decision making based on knowledge, self-awareness, and critical thinking skills.
- Apply an understanding of the principles and best practices of management, human resources, finance, and marketing to analyze issues and problems, and contribute to continuous quality improvement efforts.
- Apply methods and materials of research to complete written projects based on business administration concepts and topics.
- Model behavior that reflects confidence, competence, and professionalism.
Why Study Business Administration in College?
There are many reasons to study business administration in college, including better job opportunities, career versatility, and learning essential skills such as critical thinking, finance, problem solving, and management. At the end of the day, students choose business degree programs to gain a competitive advantage in the job market.
What Can You Do with a Business Degree?
A business administration degree helps prepare graduates to work in a variety of entry-level positions. Business graduates may work as human resource assistants, sales representatives, assistant buyers, marketing coordinators, financial analysts, insurance agents, business intelligence analysts, operations research analysts, and accounting clerks. With the experience candidates gain on the job, or more education and training, they can advance in their career to more senior positions.
How Long Does It Take To Earn a Business Administration Degree?
Associate business administration degree programs take about two years to complete. Bachelor degrees take about four years, and Master’s degrees take about six years to complete. (Note: MTI College currently offers Associate degree programs.)
What Types of Business Degrees are There?
There are many different types of specialized business administration degrees offered by different schools, colleges, and universities. MTI College currently offers specialty business administration programs that have a focus on accounting and medical billing and coding.
What About Online Business Degree Programs?
Many educational institutions offer online business administration programs that allow students to complete an Associate’s or Bachelor’s degree program online. MTI College currently offers a variety of AA degree programs for Business Administration where the coursework is completed 100% online. The programs at MTI College are accredited by the Accrediting Commission for Community and Junior Colleges (ACCJC) of the Western Association of Schools and Colleges (WASC).
Earn Your Business Administration at Campus
If you want to pursue a career in business administration, Camous in partnership with MTI College has an online associate’s business administration degree program for you, offered in a fully Online format. All of the coursework is completed online, with faculty instructors teaching remotely. This Business Administration degree gives students all the tools they need to enter the job market with business management skills.
For more information, click the link below.