A Closer Look at the Pros and Cons of a Bachelor in Business Administration
Unless you live deep within the Amazon jungle, then no matter where you are in the world, companies are there keeping the wheels of commerce greased. Consider America alone, and you’re looking at 32.5 million small business owners. Now also consider that 99.9% of all companies in the U.S. are small businesses and the scale of commerce in America becomes clear.
The fact is businesses generate jobs and opportunities. Businesses still operate even in countries that do not use capitalism as their primary economic system. Trade is going to happen no matter what. The real question comes down to how people settle trades. How do they conduct business? What do individuals need to succeed in business? Would a bachelor in business administration degree benefit you?
The Pros of a Bachelor in Business Administration
Consider that people pay a lot of money and take a lot of time to get a degree. Surely, they are all good for something. Right? Well, wrong. Not every degree is useful. But why not? Because you’ve got to obtain a degree that is practical for whatever career you choose. Consider an online bachelor’s degree in business administration. No matter what company, industry, or business you operate in, a business degree carries high esteem the world over. Both practical and challenging, a bachelor’s in business administration provides you with the real-world skills that today’s employers demand.
One of the most important parts of embarking on a new career is marketability. While you may be absolutely fantastic at what you do, how do potential employers or clients know that? A bachelor’s degree in business administration can provide you with the skills and knowledge that 21st-century companies look for. And just consider for a moment everything modern day businesses must deal with. From cybersecurity to artificial intelligence (AI), gone are the days when problems were simple and analog. That’s why a university’s comprehensive business program covers a wide array of topics.
When you enroll in a bachelor of business administration degree program, you’ll receive a broad business education – including the fundamentals of accounting, finance, operations, marketing, and more – that can distinguish you from your peers. But you can also specialize your major. At SFBU, we are surrounded by reputable companies who hire business administration specialists all the time.
Majors Associated with a Business Administration Degree
When someone refers to a business administration degree, they are generally talking about a bachelor’s degree in a specific area of business. Most university bachelor of business programs in the United States may be more general, focusing on a broad range of business functions and how they interact with one another. Or they may be more specialized, exploring in greater depth a singular area of business.
Generalist business degrees may be in areas such as business administration or business management. Those enrolled in a generalist business programs obtain a diverse set of skills and are trained well enough to work in any industry. Through elective courses, business students can place more emphasis in specialized areas such as marketing or finance.
We examined the following business majors based on the Bureau of Labor Statistics data for average annual salary and expected job growth over the next 10 years.
- Business Administration
- Forensic Accounting
- Hospitality Management
- Human Resources
- International Business
- Internet Marketing
- Management Information Systems
- Non-Profit Management
- Project Management
- Retail & Sales Management
- Small Business
- Sports Management
- Supply Chain & Logistics
Are There a Lot of Career Opportunities for Business Administration Graduates?
No matter what you choose, each of these business major options can open the door to rewarding and lucrative career opportunities. You might be surprised to learn that quite a few high-demand career options have a business administration component. They include:
- Health Services Manager: As a medical or health services manager you work behind the scenes at a hospital, doctor’s office, or another care facility. Your job is to keep it running safely and efficiently. You manage many operational duties of a health care facility from training to retention.
- Human Resources Specialist/Manager: The role of the human resources specialist contributes to the wellbeing and development of an organization’s most precious asset, its people. This provides many opportunities for personal and professional growth and the development of both hard and soft people skills. HR jobs are commonly listed as one of the best business specialties to study.
- Marketing Manager: As a marketing manager you serve as the link between a company and its customers. You will either work on, with, or manage a public relations or marketing team. The job may include managing budgets, testing market strategies, and monitoring key performance indicators and trends.
We choose these three examples to demonstrate the breadth of career options available to someone studying for their bachelor of business administration in the United States and around the world. Whether it be in the medical field, as an HR generalist, or in marketing, you can generally find a job in just about any industry or vertical with nothing more than a bachelor’s degree in business administration.
Is a Bachelor’s in Business Administration from SFBU Right for You?
Prospective students evaluating whether they should get a bachelor’s degree should consider the benefits, especially if the degree is in business. These include a higher potential income, increased job prospects, and new and enriching life experiences. If you’ve been working for a while, a bachelor’s degree may also help you launch a new career or advance in your current one. And then, of course, obtaining a bachelor’s can be the first step to getting a higher academic degree, like a master’s or a doctorate.
Students typically need at least 120 credits to graduate from a bachelor’s in business administration program in the US. Credits are acquired by passing classes for your major and other courses the school might require. College degrees generally take between four and five years to complete when you're enrolled full-time, but they can take longer or shorter depending on the program you enroll in and the number of classes you take each year. This is where you must ask yourself whether you have the time, funds, and desire to study business.
Are you ready to talk to someone about your future? Are you wondering if your career of choice is perfect for a bachelor in business administration degree? Furthermore, are there scholarships and tuition assistance to help you? These are all appropriate questions we can help you with. Simply head on over to our admissions page and then get in touch with us. One of our experienced admissions counselors will reach out and help you map out your future in business management.