3 Reasons to Earn a Bachelor’s Degree in Business Administration
December 3, 2020 9:02am
Do you want to pursue a degree that can open numerous doors in a number of professional settings and industries? A degree in business administration could be the perfect fit! Business degrees are among the most popular in the country – for good reason! Not only can you enjoy career variety, but a wide salary range, and potential for job growth! Here are just a few of the many benefits to exploring a bachelor’s degree in business administration.
Considerable career variety
A business administration degree can lead to expansive career options in virtually every industry around the world in both the public and private sector! Some careers include but are not limited to:
• Business consultant
• City manager
• Human resources manager
• Loan officer
• Sports operations manager
• Marketing manager
• Office administrator
• Sales manager
• Training and development specialist
• Event planner
Widespread salary range
Not only can you enjoy a variety of careers and industries with your degree in business administration, you will also enjoy wide ranging salary potential. Depending on what career path you choose and in what region of the country, median salaries for those in the business administration field can earn anywhere from the low $60k range all the way into the low six figures.
Jobs in the lower salary range include those in event planning, which average about $49k annually, according to PayScale. And most loan officer positions are paying between $50k to just more than $70k.
Jobs with mid-range salary potential include those in training and development, which pay an average of $76k, and positions in marketing management, which can yield average salaries of just over $65k.
If you are looking to earn more, you might consider jobs in human resources, where management positions earn a median average of more than $104k annually, according to Salary.com.
Room for Growth
While you will benefit from career and salary diversity, you will also appreciate projected job growth in most business-related careers! In fact, according to the U.S. Department of Labor Statistics, management analyst positions are forecast to see an 11% growth until 2029 – much faster than average growth than other careers. Positions in advertising, promotions, and marketing are expected to see faster than average growth at 6%. And human resource management careers are also estimated to see a 6% growth by the end of the decade.
And while earning a bachelor’s degree will gain you entry into your professional career, that’s not where your opportunity stops. You may choose to use your experience to move up within our outside of your organization – or you may decide to pursue a graduate degree in the future. There is a wide variety of business-related master’s degree programs to choose from. Many of them are offered online, so you can enjoy the flexibility of working your 9 to 5 job and work on coursework during your off hours. You can choose from degrees in management, leadership, business analytics, international business, or earn your MBA! There are many degrees that meet a number of specializations once you have discovered you niche!