Business administration is an administrative or management role concerned with the organization and smooth running of a company. All organizations need people to fill this role, so there are many opportunities for people with qualifications in this field and the salaries are good. Hence, business administration degree programs are very popular.
Business administration can be studied at all levels from associate degree through to doctoral level. Many students take an online MBA (Masters in Business Administration), which they can complete whilst still in employment. These programs usually enable students to specialize in an area such as: Accounting; Energy Management; Finance; Health Care Management; and Technology Management.
As national and international competition increases, organizations are requiring leaders with more sophisticated levels of knowledge and transformational leadership skills. A Doctor of Business Administration (DBA) program is designed to serve this need by providing the doctoral-level education required.
This page is to help you find out more about these programs, where you can take them, what employers expect, certification, career prospects after graduation, and more.
What is studied in business administration programs?
Administrative managers need to be able to analyze situations or problems, determine suitable actions, communicate with and motivate staff to implement the required action. They must also be detail oriented.
Business administration programs are designed to develop students’ analytical, communication and leadership skills. Most programs include: accounting, microeconomics, critical thinking and decision-making, strategic management, organizational management, business law, marketing, corporate finance, research and evaluation, technology, and business ethics. Some programs allow specialization in various majors, including: Accounting; Business Information Systems; Human Resource Management; Marketing; and Project Management. Similar specializations can be taken in masters (MBA) and doctoral (DBA) programs.
What are the career prospects after graduation?
According to the Bureau of Labor Statistics, Administrative Services Managers with a Bachelor’s degree and less than five years experience had a median salary of $81,000 in 2012. Those who have an MBA can expect to earn more as they advance to higher level positions, such as director of administrative services. Some experienced managers may join or establish a management consulting firm to provide contract administrative management services. The job outlook for 2012-2020 is a growth of 12%.
List of schools and programs