What is Business Administration?

Business administration is a broad field that includes many different roles, professional settings and opportunities for growth. AboutSNHU Newsroom Business WhatisBusinessAdministration? SusanBogle Dec10,2021 SeeBusinessDegrees Businessadministrationisabroadfieldthatincludesmanydifferentroles,professionalsettingsandopportunitiesforgrowth.Insimpleterms,businessadministrationistheworkofmanaginganorganization'sresources,timeandpeople. Businessadministrationprofessionalsworktoensurethatbusinessesandorganizationsareruneffectively,efficientlyandprofitably.Thisisabalancingactthatrequiresknowledgeandskillsinarangeofdisciplines. Workinginbusinessadministrationrequiresquantitativeskillsand"softskills"suchascommunicatingideas,influencingothers,givingfeedbackandmakingeffectiveandinformativepresentations.Businessprofessionalsgenerallyneedatleastabasicunderstandingofaccounting,finance,marketing,humanresourcesandinformationtechnology,andtheyoftenspecializeinapracticearea. Peoplewhoaresuccessfulinbusinessmustalsobeclearandeffectivecommunicators.Businessadministrationveryfrequentlycallsforworkinginteamsandoncollaborativeprojects.Handlingtheworkloadisonlypartofthechallenge:beingateammemberyourpeersandsupervisorscancountonisacrucialpartofbusinesssuccess. WhatJobsCanYouDoinBusinessAdministration? Astrongfoundationinbusinesspractices,pairedwithrelevantexperience,canmakeyouanassettoalmostanytypeofcompanyororganization.Whetheryoupreferinterfacingwithcustomers,solvingproblemsorcrunchingnumbers,thereislikelytobeajobinbusinessthatfitsyou. Ifyouarea"peopleperson,"youmightbeinterestedinpursuinghumanresources.Ifyoulovecompetition,asalesrolemightbeagoodfitforyou.Ifyoulovesolvingtoughproblemsandcomingupwithstrategies,youmightbeinterestedinbecomingabusinessanalystorconsultant.Ifyouareamathwhiz,youmightexplorepossiblepathsinaccountingordataanalytics. SomeofMonster.com’stopjobsforbusinessmajorsinclude: Businessanalyst ITprojectmanager Salesmanager Abusinessadministrationdegree canevenbeagreatpathtostartingyourowncompany. EarningaBachelorofBusinessAdministration IntheUnitedStates,businessdegrees–likeaBachelorofBusinessAdministration–arethemostpopulartypeofdegreeprogramsforundergraduates.TheNationalCenterforEducationStatisticsreportsthatofthe2millionbachelor'sdegreesconferredin2018–19,degreesinbusinesswerethemostpopularcategory,accountingfor390,000degrees. Pursuingacareerinbusinessmayevenresultincompetitiveearnings.AccordingtotheU.S.BureauofLaborStatistics(BLS),the2020annualmeanwageforcareersrelatingtobusinessorfinancewas$80,680,comparedto$56,310forallotheroccupations. Obtainingabachelor’sdegreeinbusinessisagreatwaytopositionyourselfinthejobmarketandcatchtheattentionofpotentialemployers.TheNationalAssociationofCollegesandEmployersranksbusinessadministrationinthetopfiveonitslistofcollegemajorsforfindingfull-timeemploymentafterschool,with48.7%ofrespondingemployerssayingtheyplannedtohirenewbusinessadministrationgraduatesinthecomingyear. WhereDoBusinessProfessionalsWork? Businessadministrationprofessionalscanworkinmanydifferentfieldsandsettingsincludingbusinesses,non-profitorganizationsandinhealthcarefields.Youmightimaginebusinessprofessionalsworkingprimarilyinsmall,mediumandlargefor-profitcompanies,butinfactjustabouteverykindoforganization,fromhospitalstohighereducation,hasaneedforprofessionalswhocaneffectivelymanagebusinesspracticesandresources. Onemajorareaofgrowththatemploysmanybusinessprofessionalsishealthcareadministration,accordingtoBLS. RolesBeyondtheOffice Istheofficesettingnotforyou?Manypeopleinbusinessadministrationalsoworkinotherenvironments.   Allofthesepossibilitiesmeanthatyoucanpotentiallyusebusinessadministrationasapathwaytoworkinalmostanyarena,evenfindingawaytoturnapassionintoacareer.Allofthesecareersandmanymorehaveabusinesscomponentandpresentpossibleopportunitiesforpeoplewithabusinessbackground. FutureProspectsinBusinessAdministration Companiesandorganizationsofallkindshaveagreatdemandforskilledbusinessprofessionals,andpeoplewhoholdbachelor’sdegreesinbusinessgoontoearnmoremoneyandenjoygreaterjobsecuritythanhighschoolgraduates.AccordingtoBLS,theoverallunemploymentrateamonghighschoolgraduateswas9%in2020,and5.5%amongholdersofbachelor’sdegrees. BLSstatesthatjobsinbusinessandfinanceprofessionsareexpectedtogrow8%between2020and2030,addingover750,800newjobstotheeconomy. Whetheryouarelookingtostepuptoaleadershiproleormakeacompletecareerchange,oryouaredreamingofonedaystartingyourownbusiness,abachelor'sdegreeinbusinessadministrationisaversatileandflexiblechoicethatwillserveyouwellintoday'sjobmarket. SusanBogleisamarketingandstudentrecruitmentspecialistinhighereducation.FollowheronTwitter@Suze1776orconnectonLinkedIn. Exploremorecontentlikethisarticle 10QualitiesofaGoodLeader Sep12,2022 Business Ifyouhaveworkedforabadleader,youlikelyalreadyhavetheanswertowhygoodleadershipmatters.Goodleadershipcanmakethedifferencebetweenenjoyingyourjobandtoleratingyourjob.Hereare10qualitiesofgoodleaders. HowtoBecomeaHumanResourcesManager Sep2,2022 Business Humanresourcesmanagementplaysanimportantroleinthelong-termsuccessofanorganizationanditsworkforce.Interestedinexploringhowtobecomeahumanresourcesmanager?SNHUadjunctfacultywithyearsofHRexperiencesharetheirbestadvicetogetstartedinthisevolvingfield. Whatarethe8TypesofDigitalMarketing? Aug31,2022 Business Digitalmarketinghasbecomeavitalcomponentinorganizations'overallmarketingstrategy.Itallowscompaniestotailormessagestoreachaspecificaudience,makingitpossibletomarketdirectlytopeoplewhoarelikelytobeinterestedintheirproduct.Itencompassesawidevarietyofmarketingtacticsandtechnologiestoreachconsumersonline. AboutSouthernNewHampshireUniversity SNHUisanonprofit,accrediteduniversitywithamissiontomakehigh-qualityeducationmoreaccessibleandaffordableforeveryone. Foundedin1932,andonlinesince1995,we’vehelpedcountlessstudentsreachtheirgoalswithflexible,career-focusedprograms.Our300-acrecampusinManchester,NHishometoover3,000students,andweserveover135,000studentsonline.VisitouraboutSNHU pagetolearnmoreaboutourmission,accreditations,leadershipteam,nationalrecognitionsandawards. FindYourProgram SelectDegreeLevel SelectaDegreeLevel Associate Bachelors Certificates Doctoral Masters SelectCategory AllCategories AcceleratedPrograms Accounting&Finance Aeronautics&Aviation Art&Design Bootcamp-styleCertificates Business Communications CreativeWriting&English CriminalJustice DataAnalytics Economics Education Engineering Environmental GameDesign&Development Healthcare History HumanResources LiberalArts Marketing Math&Science MBA Nursing Operations&ProjectManagement Psychology&Counseling PublicAdmin&PoliticalScience SocialSciences SportManagement&AthleticAdministration Technology FindProgram RelatedResources Bachelor'sDegrees Master'sDegrees TransferringCredits RequestInformation AdmissionApplication