In addition to personal interests and goals, students often decide on their academic major based on their career desires, the expected salary, and that career’s outlook.
Career outlook refers to the projected rate of growth or declines in employment in an occupation over the next ten years and comparing that specific growth rate with the projected growth rate of all other occupations.
As one of the most popular degrees in the world, business administration offers students a highly versatile degree, leading them to well-paying, professional, and personally fulfilling positions in various industries.
Let’s discuss the job outlook for a business administration degree and the opportunities available post-graduation.
What is a Business Administration Degree?
A Bachelor of Science (BS) in Business Administration focuses on the day-to-day operations of businesses to prepare students to guide and lead companies of all shapes and sizes.
Students focus on strengthening their collaboration, communication, creativity, time management, critical thinking, and problem-solving skills through various humanities, mathematics, and natural and social sciences courses.
Common Bachelor’s in Business Administration courses include:
- Introduction to Business
- Accounting
- Statistics
- Marketing
- Business planning
- Business Policy and Strategy
Furthermore, many programs offer students the ability to concentrate or take additional elective credits in accounting, economics, finance, international business, management and industrial relations, and marketing.
Why Do Students Major in Business Administration?
Business Administration degrees provide students with a wide range of skills, knowledge, and expertise critical in any workplace and industry.
And by developing those skills, graduates make themselves indispensable with their understanding of the business world and can work in any place or area of their choosing.
In addition, students major in Business Administration because positions often come with high salaries and the opportunity to increase those salaries by moving into senior-level positions and specializations in the business world.
The Bureau of Labor Statistics (BLS) reports that employees in business and financial occupations earn a median annual wage of $76,570, much higher than the median annual wage of all US occupations, which is $46,760.
Lastly, a bachelor’s in Business Administration provides high job security as every company needs skilled and capable professionals to help manage and run their businesses.
And students can tailor their careers to align with their interests, like pursuing a career as a finance or marketing manager, or if they are interested in recruiting and managing people, they can seek a job as a human resources (HR) manager.
Ready to get started? Learn more about earning your bachelor’s degree in Business Administration at UB!
What Jobs Can I Get With a Business Administration Degree?
Job and career outlooks for graduates of Business Administration programs are positive and high.
The BLS reports that employment in business and financial occupations will grow by seven percent by 2031, resulting in about 715,100 new jobs. And employment in management occupations is projected to grow by eight percent by 2031, resulting in about 883,900 new jobs.
Thus, upon completion of a Business Administration degree, graduates are ready to enter a thriving and exciting industry filled with a variety of employment opportunities as they work to move from entry-level to more senior-level positions.
Popular areas and occupations, as well as their median annual salaries, include:
- Marketing
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- Market research analysts – $63,920
- Public relations specialists – $62,800
- Advertising, promotions, and marketing managers – $127,150
- Finance
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- Accountant – $77,250
- Budget Analysts – $79.940
- Financial managers – $131,710
- Management
- Administrative services and facilities managers – $99,290
- Business and management analysts – $93,000
- Human resource managers – $126,230
Build Your Future With a Bachelor’s Degree in Business Administration
Business professionals are the innovators ensuring new and current businesses grow, succeed, and thrive. And setting candidates up for successful careers starts by obtaining the knowledge and skills through a Bachelor’s of Business Administration.
At University of Bridgeport, our students learn and collaborate with our faculty of expert executive leaders, lawyers, entrepreneurs, and finance officers in our Ernest C. Trefz School of Business.
Plus, University of Bridgeport is located near New York City, Boston, Hartford, New London, and other prominent cities. Students’ access to prominent businesses, internships, and positions will pave the way for exciting and fulfilling careers in the business world. Our graduates have worked for Apple, ESPN, FBI, Microsoft, Sikorsky Aircraft, and more.
Full-time students can complete our one-hundred-and-twenty credit program in as little as three years by taking courses during the summer and taking advantage of flexible online options available and designed for adult learners.
If you are passionate about leading companies to bigger and brighter futures and desire a career with growth opportunities, high levels of job security and outlook, and personal satisfaction, apply to our bachelor’s in Business Administration program.
Financial aid is available, and we accept applications on a rolling basis. Our faculty and staff will ensure your college and career success. Start your future at University of Bridgeport today!