Don’t ever let anyone tell you that a degree in business administration does not positively impact your career.
While it can be said that successful business leaders such as Richard Branson have never obtained a degree and have been highly successful, a degree will prove invaluable for most individuals who are set for a business career.
The demand for employees and leaders in business administration has never been higher and when you take into consideration the old saying, ‘cream always rises to the top,’ it is easy to see that anyone who has taken the time to study for a degree in business administration will never struggle to take advantage of the wealth of opportunities available to them.
If you are in a position where you are considering advancing your career in this way, a great option would be to study for an MBA Degree Online with Kettering University Online, one of the top providers in the country. A master’s in business administration degree is considered the gold standard in business education.
If you are seriously considering studying for a degree in business administration, you will have lots of questions spinning around in your head. Let’s take a closer look at some of the main benefits of obtaining a degree of this nature. It may help you to decide if this is an avenue you wish to go down, but before we do, it might be a good idea if we explain more about business administration.
What is business administration?
Business administration is often regarded as the bedrock of any business because it involves a wide range of business skills, from accountancy to the day-to-day running of a business.
Communication skills are also an essential part of the business administration role as it is always a requirement to communicate with both employees and customers effectively.
It should also be pointed out that there will often be the option of specializing in a particular administration role, such is the broad range of requirements.
For example, in marketing, human resources, or accountancy, it is not unusual to see business administration take someone down a career path they were not initially expecting.
In a nutshell, business administration is centered around the ability to plan, direct and execute various aspects of a business, no matter the sector, to enable the company to operate and thrive, whatever the economic landscape.
Okay, now we are clear on what business administration involves; let’s take a closer look at the benefits of a degree in business administration and how it can help you achieve your employment goals.
There will be a massive demand for your services
It doesn’t matter what industry you are involved with. The demand for highly qualified business administrators is very high because individuals with such qualifications are regarded as the cornerstone of business success.
Think about it for one minute.
Take a highly qualified business administrator away from a business, and the negative impact will be enormous.
These people are often regarded as the engine of an enterprise, so if you take them away, the business will suffer.
When you also consider that the economic landscape hasn’t been this bleak for a very long time, it will be a case of survival of the fittest as far as businesses are concerned. Hence one of the main reasons why an individual with a degree in business administration will be regarded as a necessity, not a luxury.
Once you have qualified for your degree and start putting the skills you have learned into practice, the experience you gain over the months and years ahead will cement your qualifications in such a way that you will become an invaluable part of any business.
Some people will argue that you don’t need a degree in business administration to progress in any company, and while there is some truth in that statement, if you don’t have a degree, it will be far more challenging to get your foot in the door in the first place.
Many top businesses will not even look at your CV if you cannot boast a business degree.
How does an increase in salary sound?
It sometimes seems that anything to do with money is treated as a ‘taboo’ subject, but at the end of the day, you are not thinking of studying for a degree in business administration for fun. As well as getting a great deal of job satisfaction, you will be able to look forward to an increase in salary, so it wouldn’t be amiss of you to start making exciting plans regarding what you will be able to afford in life with the extra money.
To give you an idea of the earning potential. According to the US Department of Labor and Statistics, the average income for someone with a business administration degree just starting their career is around $60,000. As time goes by with experience added to the equation, the average salary will go up at a rate that few other professions can match, especially in the current economic climate.
Add the massive demand for individuals with this qualification into the mix, and many businesses will be prepared to pay over the odds due to the diverse range of skills these graduates can bring to the table.
Even though the economy is on its knees at the moment and so many people are struggling, these can be described as exciting times for qualified business administrators due to the many available opportunities.
Business graduates could find that they have even more chances to show what they are all about and to make a big difference due to the state of the economy. During these times, astute businesses can see opportunities when their competitors are starting to panic; a well-qualified business administrator can help them achieve these goals.
Options moving forward
Gone are the days of a job for life, and while some people will think of this as a negative, most experts will agree that the options available to someone with the necessary qualifications and experience mean that the ever-changing job market is a highly positive situation for them.
Employers know only too well that they must keep their best employees happy, so when you take into account that business administrators are often considered to be the engine room or even the leader of an enterprise, it makes sense that their working conditions and salary are of the standard required to keep them satisfied and happy to stay in their present employment.
If you have a business management role that you enjoy, great, but if the situation changes at any time, you can be safe in the knowledge that your skills and experience will be in demand elsewhere.
The confidence that this situation gives to an individual should not be underestimated. In this day and age, the chance of you being in a job you don’t enjoy because there are no alternatives is very rare.
Opportunities to become a leader
It would be fair to say that leadership roles are not for everyone, but if becoming a business leader appeals to you, the degree in business administration will stand you in good stead to achieve your goals.
While experience does count for an awful lot, the mere fact that you have what it takes to obtain a degree will mean that you will stand a far better chance of landing that leadership role that you have your eye on.
It should also be noted that there are learning modules within the degree course that cover leadership qualities, so you will be well qualified to cope with any situations that this kind of position will demand of you.
Opportunities for promotion within a company will also be enhanced for graduates with a business administration degree. An employer will realize that a well-rounded individual with these qualifications will be an asset to the company and will recognize aspects of the business that could be improved and made more streamlined.
An ideal qualification for entrepreneurs
It is often said that entrepreneurs are a different breed in that they are not interested in working their way up the corporate ladder. Still, there is no doubt that these individuals who like to ‘do their own thing’ can greatly benefit from a degree in business administration.
This is not one of those qualifications that is paper only, the one that simply requires you to remember lots of facts so that you will be in a position to answer any questions thrown at you.
Qualifying for a business administration degree will mean that you will have mastered the skills required across a wide range of business disciplines. The skills will also be invaluable for an entrepreneur in the running of their own business activities.
Think of running your own business as sailing a ship on rough seas. The captain will be required to navigate the vessel through ever-changing conditions. A captain who knows how the ship operates, from the engine room to the crew, will stand a far better chance of sailing the ship through rough conditions and arriving at the destination with everything intact and a happy crew.
A degree in business administration is the equivalent of a knowledgeable and well-rounded captain who will ensure that an enterprise survives and prospers through any economic conditions.
It should always be remembered that the skills learned while studying for a degree in business administration will last a lifetime. When you combine that with the employment and self-employment opportunities which go with obtaining a degree of this nature, it could be described as a no-brainer.
Businesses of all descriptions require high-quality administrators. Their role is the essence of a successful business, so few other qualifications can ensure such a demand for successful graduates.
This has always been the case, but with the outlook for the economy over the next few years being described as challenging, to say the least, the demand for business administration degree graduates has never been stronger.
This is also one of those positions which is so varied that it will appeal to a wide range of people, from those who are more interested in marketing to those who would prefer a role leaning more towards accountancy.
It is up to the individual but think of a business administration degree as the foundation that will allow you to pursue your career whichever way you choose.
Entrepreneurs will find a degree in business administration invaluable as it is often the case that they will have to wear many different hats in their business. This degree will give them the knowledge to be able to make decisions that will enable their enterprise to prosper.
It is obviously essential that you choose a top provider in business education to study for your degree. It would be fair to say that if this is the route you decide to take to further your education, it could be one of the best decisions you have ever made regarding your future.