11 Reasons Why You Should Study Business Administration

If you enjoy studying, acquiring new skills, being creative, and having many career opportunities – business administration is the degree for you! This article answers questions like “why study business administration” and “what do you learn in business administration?”. From further study opportunities to career advancement and high salary – when it comes to business administration, the sky is the limit! Read on to find eleven reasons why you should study business administration. 

What Is Business Administration?

Business administration refers to managing and being responsible for how a business, company, or organization operates, including everyday operations as well as long-term plans and projects. A business administrator’s responsibilities and duties may include recruiting staff members, dealing with business finances, conducting meetings, dealing with public relations, negotiating, and more.

If you are interested in becoming a business administrator, you need to pursue a degree in business administration. A Bachelor of Business Administration (BBA)  degree usually takes four years to complete, and it focuses primarily on finance, marketing, management, and human resources.

2. PRACTICE-ORIENTED STUDIES

When studying business administration, the skills and knowledge you gain do not come from books only. When you learn theories, you also learn how to put them into practice. Through practice-oriented studies, you learn how to consider real-world situations from a business perspective.

Furthermore, you are encouraged to develop strategic vision and planning skills. So, when you start working after completing your BBA degree, you will be able to apply everything you learned to your job.

3. CAREER PATH OPPORTUNITIES

Another reason why you should choose to study business administration is the wide range of career path opportunities at your disposal. A degree in business administration offers great flexibility and could be the pathway to enter fields such as finance, accounting, management, human resources, marketing, and more. Furthermore, you can start teaching a class in business administration. All these possibilities together with the use of your networking skills and additional certifications and courses may lead to  further career growth.

4.  LEADERSHIP SKILLS

With the business world being highly competitive, strong leaders are always in need. One of the many skills you acquire when studying business administration is leadership. Motivating other people to contribute towards the progress of a company or organization is crucial to success. With a BBA degree, you will be able to communicate effectively, apply critical thinking when analyzing and solving various business problems, relate global and financial issues to modern business, and much more.

COMMUNICATON

The leadership skills mentioned above go together with communication skills. When you are a good leader, you are also someone that communicates effectively. The communication skills acquired by studying business administration include active listening, assertiveness, considering different points of view, using positive language, and so on. You will know how to communicate when, for example, introducing products or negotiating. In addition, you will be able to communicate effectively inside your business with your members and staff. 

Apart from verbal communication, you will also become proficient at written communication. Among other things, you will learn how to choose the tone and level of formality when writing emails and reports.

The communication skills that you will gain throughout your BBA studies will be very beneficial for your career.

6. NETWORKING SKILLS

Another reason to study business administration is the advantage of gaining an additional set of skills – networking skills. Networking in business means interacting with other businesspeople and having mutual benefits.

By studying business administration, you become familiar with the types of networking, how to use them, and how to benefit from them. So when you find yourself in a lecture, conference, or seminar, you will know how to act. By planning and implementing different networking strategies, you will set your business towards great success.

 7. SALARY

If you want to have options when it comes to the salary you get, then business administration is the degree for you. There are various careers to choose from when completing a degree in business administration; therefore, a variety of potential salaries for you. Below we have listed the annual salaries of some of the most popular careers in business administration. Take a look. 

• Financial management: $93,714
• Human resources management: $68,856
• Healthcare administration: $68,656
• Marketing management: $66,884
• Business management: $63,796
• Sales management: $62,184
• TEAMWORK In a business workplace, you need to work with other people to accomplish mutual goals or purposes. This is called teamwork. You can be a leader or a team member. A degree in business administration will provide you with the knowledge of different team members’ responsibilities and roles. You will learn how administration teams function in a business setting and recognize the qualities of successful teams.

 Furthermore, you will be able to plan the administrative assignments required for different team projects in a business environment. In addition, you will be capable of working with other people in a team. These skills are a reason to study business administration.

9. INCREASED EMPLOYABILITY

By studying business administration, you get a variety of careers to choose from, and this is one of the top reasons why you should get a degree in it. In business administration, you learn all the business fundamentals, thus enabling you to get a job in different sectors, including but not limited to management, finance, human resources, marketing, sales, and customer relations. 

The Bureau of Labor Statistics (BLS) predicts a 9% employment growth from 2020 to 2030, considering jobs in business administration. 

Moreover, you can further enhance your employability by pursuing a master’s degree or other degrees and programs. Or, you can even start your own business.

 10. SELF-EMPLOYMENT

In addition to offering the chance to choose from multiple jobs, studying business administration equips you with the knowledge and skills to start your own business. 

Having skills like critical thinking, decision making, effective communication, identifying potential business opportunities, knowledge in finance, management, marketing, and many more contribute to starting your own business.

11. CREATIVITY

Last but not least – creativity. In today’s business world, being creative is one of the most successful traits a businessperson can have. By studying business administration, you get the chance to be creative in your workplace. Furthermore, entrepreneurship studies in business enable you to plan, design, and create a new business.