Business Administration: Is it the Right Career Path for You?

Are you seriously considering a career in business administration? Are you wondering if you have what it takes to excel in such a position? The good news is that with a bit of dedication and the right degree at the right institution, chances are decent that you could make it work, regardless of your personality type and current skill set. As long as you are passionate about business and you love staying organized, you are good to go! Here are the facts that you should know. 

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Business Professionals are in High Demand 

You are definitely on the right track if job security is important to you. A recent Job Outlook 2018 survey from the National Association of Colleges and Employers (NACE) demonstrated that 80% of the college majors that employers are looking for are in the field of business. In other words, most employers are on the hunt for employees with plenty of business know-how. Therefore, you will already benefit from a boost in your resume with an undergraduate degree in business. With an online MBA to back it up, even more so! 

You Don’t Need to Be a Natural Born Leader 

Those who excel in business and business administration roles don’t need to be dominant figures, contrary to popular belief. In fact, there are plenty of introverts who have molded successful careers for themselves within the competitive business realm. More important than leadership skills are communication skills, organization skills, time management skills, drive, and innovation. Further to this, it is essential that you have a natural interest and flair when it comes to working with and managing finance. 

You Won’t be Limited to One Specific Job Title 

Just because you studied business administration doesn’t mean that you can now only become a business administrator. Because business administration degrees, both undergraduate and graduate, cover such a broad scope of topics, you will be well-equipped to handle a plethora of different roles in your stride. As such, you could become a business analyst, an advertising executive, a director of HR, a finance officer, an accountant, an operations manager, a PR expert, or you could even go ahead and start your own business.

You Will Earn an Attractive Salary 

You will need to consider the earning potential of a particular job before making a final decision to go down that path. Luckily, if you have your heart set on business administration, you can expect to earn an attractive salary which will continue to increase as you accumulate experience and more on-the-job skills. 

According to Glassdoor, the national average salary for business administration professionals is $52,626. Obviously, this amount will also vary significantly based on the company you work for. Business administrators who work for big brand names, such as Microsoft or NASA, have been known to earn over $100,000 per annum! 

So, do your research and perhaps consider speaking to a few successful business administrators as you try to make up your mind in terms of whether this line of work is the right fit for you. Good luck!

About Mohit Tater

Mohit is the co-founder and editor of Entrepreneurship Life, a place where entrepreneurs, start-ups, and business owners can find wide ranging information, advice, resources, and tools for starting, running, and growing their businesses.

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