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, the programs that qualify people in this area are very popular.
Many students take an online MBA (Masters in Business Administration), which they can complete whilst still in employment. Graduates of MBAs do get better jobs and considerably higher salaries. Online doctoral (DBA) programs are also becoming popular now. For students who are entrepreneurial or interested in starting their own business, taking an MBA or other masters program is important for learning the marketing, financial and management skills that are necessary for success. This page is to help you find out more about these programs, where you can take them, what employers expect, certification, and what you can earn after graduation.
What is studied in online 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, strategic management, organizational management, corporate finance and business ethics. Some programs allow specialization in various majors, e.g., a bachelors degree in business administration with majors including: Accounting; Business Information Systems; Project Management; and, Technical Communication. 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