What is a Business Administration Degree?
A degree in business administration covers the foundations of business and prepares graduates for a variety of roles across industries such as finance, management, marketing, or analysis.
There are endless job opportunities for business administration graduates. According to the Federal Bureau of Labor Statistics, there are 911,400 projected new job openings per year across the business and financial occupations.
Earn your Bachelor’s in Business Administration Online
Earning a bachelor’s degree in business administration online can help you reach your career goals while balancing commitments such as work and family. PBA offers an Online Bachelor of Science in Business Administration in a flexible and accessible format. PBA’s business degrees are AACSB accredited.
What can you do with a Business Administration Degree?
1. Accountant
Accountants prepare financial records for individuals or organizations. They help businesses make decisions by reporting on their finances. Accountants also do other administrative tasks such as filing taxes, conduct audits, and provide risk analysis.
- Average Salary: $78,000 per year
- Job Outlook: 4% growth
2. Account Manager
Account managers work for a business or organization and manage client relations. They are responsible for managing accounts and ensuring their clients are supported. They work to generate new leads and achieve sales.
- Average Salary: $69,714
- Job Outlook: 6% growth
3. Social Media Specialist
Social media specialists create an online presence for their brand. They stay on top of trends, find unique ways to engage with their audience, and funnel users to their company through social media posts and advertisements.
- Average Salary: $66,750 per year
- Job Outlook: 6% growth
4. Compliance Officer
A compliance officer makes sure that a business or organization is following all laws, guidelines, and regulations relevant to their industry.
- Average Salary: $74,601 per year
- Job Outlook: 5% growth
5. Financial Controller
A financial controller functions as the head accountant of a company. They ensure that all accounting activity and reporting are correct and perform compliance audits.
- Average Salary: $115,371 per year
- Job Outlook: 16% growth
6. Financial Planning Analyst
A financial planning analyst helps individuals and businesses to plan their finances effectively. This can look like goal setting, tax planning, estate planning, and managing investments.
- Average Salary: $99,890 per year
- Job Outlook: 8% growth
7. Marketing Manager
A marketing manager ideates and executes marketing plans for a company. They often manage a team of marketing assistants and identify areas of growth. Marketing managers measure the effectiveness of campaigns and come up with new ideas.
- Average Salary: $138,730 per year
- Job Outlook: 6% growth
8. Market Research Analyst
A marketing research analyst works closely with data to identify trends and marketing opportunities. They learn about the consumer and use that information to guide future marketing plans.
- Average Salary: $74,680 per year
- Job Outlook: 13% growth
9. Actuary
Actuaries mainly work for insurance companies and businesses. They analyze risks using statistical modeling and try to predict the risks and costs associated with future decisions.
- Average Salary: $120,000 per year
- Job Outlook: 23% growth
10. Data Analyst
A data analyst speaks the language of numbers. They find trends and insights from data to inform future decisions such as investment opportunities.
- Average Salary: $103,500 per year
- Job Outlook: 35% growth
11. Office Manager
An office manager oversees the daily operations of an office, ensuring productivity and communication are effective. They often manage things such as scheduling, training staff, and supervising workflow.
- Average Salary: $104,900 per year
- Job Outlook: 5% growth
12. Project Manager
Project managers oversee large-scale projects from ideation to completion. They ensure that projects follow the budget, are completed on time, and that they meet the standards and expectations set for the project.
- Average Salary: $95,370 per year
- Job Outlook: 6% growth
13. Operations Manager
Operations managers ensure that the day-to-day operations of a business are running smoothly. They manage resources and staff, find ways to make processes faster and more efficient, and focus on improving performance.
- Average Salary: $122,860
- Job Outlook: 6% growth
FAQs:
A business administration degree typically takes four years to complete. However, students that enroll in more credits at a time or have transfer credits may be able to complete their degree in less than four years.
When searching for a job in business administration, it is important to search for specific job titles, such as those featured above. PBA’s Career Development office can help connect you with job opportunities in the business industry.
Additionally, completing an internship can help you gain experience and connections in the field, sometimes opening doors to permanent positions.
The highest paying job in business are chief executive roles. A chief executive officer (CEO) earns an average of $189,520 per year. If you are interested in becoming a CEO, earning a Master of Business Administration degree can give you the skills needed to qualify for management and leadership positions.
