It’s not unusual for someone who is new to business to ask what business administration is all about and how it can be used for the benefit of small and large businesses.
In a nutshell, business administration can cover a wide range of tasks that all have the end goal of running any type of business in a way that will make it efficient and profitable.
Read on to learn everything that you need to know about business administration, including the ways it can be used to ensure that any business runs smoothly as well as the different careers that all fall under the business administration umbrella.
Before we begin though, let’s take a closer look at what the future is predicted to hold in the business administration sector and why deciding to study for a degree in the subject could turn out to be a wonderfully astute decision to make.
It is predicted that jobs within this sector will grow by 8% between 2020 and 2030, which equates to more than 800,000 extra jobs.
Few graduates in other subjects could complete their studies and enter a profession where the cards are stacked so much in their favor in terms of finding employment.
It goes without saying that the online MBA programs you consider should be of the highest quality and come with a superb reputation. You’ll be well positioned to take advantage of any of the many career opportunities that are available once you’ve obtained your degree.
With that in mind, let’s take a look at some of the most attractive business administration careers, though bear in mind that we are only touching the very tip of the iceberg regarding the many different careers that are available.
Careers in hospitality management
If you are looking for a career that’s always exciting and offers plenty of opportunities for growth, hospitality might be the perfect choice for you.
This industry is constantly changing and evolving, so you’ll never get bored. Plus, there are countless positions available in hotels, restaurants and other businesses.
Because the hospitality industry is huge, it offers a vast array of different career options. For example, you could work as a hotel manager, event planner or chef. You could also find a job in a more specific area like wedding planning or hotel marketing.
No matter what your skills or interests are, there’s a good chance you’ll find a job in hospitality that’s perfect for you.
One of the great things about working in hospitality is that it’s never boring. The industry is always changing and evolving, so you’ll always have something new to learn, with no two days being the same.
You could be working on a busy convention center one day and hosting a VIP at a luxury hotel the next. This variety makes hospitality an exciting and rewarding field to work in.
If you’re looking for an industry with plenty of opportunity for growth, hospitality is a great choice. There are always new positions opening up as businesses expand, and, if you’re willing to put in the hard work, it’s easy to move up the ladder.
With dedication and commitment, you could eventually find yourself running your own hotel or restaurant.
There are many reasons why people choose to work in hospitality. But ultimately, it boils down to one thing: they enjoy helping others have a good time. If you have a passion for making people happy, then a career in hospitality could be the right fit for you.
Business administration in the arts
There are many different business administration careers in the arts. Examples include working as an art gallery manager, an art dealer or an art curator.
Other business administration careers in the arts include working as an event planner for an art museum or theater, or as a marketing and sales manager for an art studio.
For graduates who have a passion for art, in whatever form that may be, a career of this nature can offer the best of both worlds, and this is a great example of a career option that you might not have previously considered.
Business administration in fashion
Business administration jobs in fashion include working as a buyer, merchandiser or store manager, or it could even involve starting your own fashion business.
If you’re interested in a career in fashion business administration, it’s important to have strong organizational and communication skills. You’ll also need to be able to cope well when the pressure is on and carry out several different tasks at the same time.
If you have a passion for fashion and enjoy working with people, a career in fashion business administration could be a great fit for you!
It would be fair to say that a business administration career in fashion offers many opportunities, and while there is often a high demand for positions of this nature, a degree in business administration will often put graduates head and shoulders above other people who are interested in getting involved with the same career.
Business administration in sales
The number of options when it comes to business administration careers in sales is wide and varied.
The most important thing is to find a career that best suits your skills and interests. Bearing that in mind, some of the most popular sales careers centered around business administration are listed below.
- Sales representatives: Sales representatives sell products or services to customers. They develop relationships with customers, provide information about products or services, and close deals.
- Sales managers: Sales managers oversee and coordinate the activities of sales representatives. They develop sales strategies and plans, set targets and evaluate results.
- Customer service representatives: Customer service representatives provide assistance to customers with questions, problems or concerns. They may also upsell additional products or services.
- Marketing managers: Marketing managers develop and oversee marketing campaigns. They research markets, identify target audiences and develop marketing strategies.
- Product managers: Product managers develop and oversee the production of products. They work with designers, engineers and manufacturers to ensure that products are of high quality and meet customer needs.
- Purchasing managers: Purchasing managers oversee the purchase of goods and services. They develop purchasing strategies, negotiate contracts and monitor supplier performance.
Graduates have a lot of options to choose from when it comes to business administration careers in sales. The most important thing is to find a career that best suits your skills and interests. With so many different options available, there’s sure to be a perfect fit for everyone.
Business administration in sports entertainment
There are many business administration careers in sports entertainment. Some of these careers include working as a ticket sales representative, event coordinator, marketing manager or even a sports agent who can look after the interests of some of the biggest names in the field.
Many of these positions require a bachelor’s degree in business administration or a related field.
Those who want to work in sports administration should have strong communication and organizational skills. They should also be able to work well under pressure and be able to handle multiple tasks at once.
Working in sports administration can be a very rewarding career. Those who are passionate about sports and want to help others enjoy their favorite teams or athletes will find that this field is a great fit for them. There are many opportunities to advance in a career in sports administration, and those who are willing to work hard will find that they can be very successful.
Business administration careers in real estate
A business administration career in real estate is yet another viable option for graduates. Here are a few examples:
- Commercial property manager
- Leasing consultant
- Real estate agent
- Transaction coordinator
- Property accountant
- Escrow officer
- Mortgage loan officer
- Title examiner
Most of these positions require at least a bachelor’s degree in business administration, although some may only require an associate degree.
Many businesses prefer to hire graduates with experience in the field of real estate. However, there are plenty of entry-level positions available for those who have the right qualifications.
If you’re interested in a career in real estate, consider pursuing a degree in business administration. With the right education and training, you can find a well-paying position in this growing industry.
Business administration careers in construction management
These are exciting times for anyone interested in business administration careers in construction management.
Graduates who have a degree in business administration can find careers as project managers, construction managers and even general contractors.
There are many different paths that graduates can take with a career in construction management. With a degree in business administration, graduates will have the necessary skills to manage projects, people and finances effectively.
Construction management is a challenging but rewarding field, and graduates with a degree in business administration can find many different opportunities for success.
If you’re interested in pursuing a career in construction management, be sure to research all of your options carefully to find the best fit for your skills and interests.
The above career examples are just a sampling of the types of jobs for you to consider, as a career in business administration can be associated with any industry of your choosing. If you have an interest in a specific area, you will likely be able to apply your business administration degree toward a career in your desired field.
Alternatively, there are also many benefits that a degree of this type can offer to someone who is running or thinking of starting up their own business.
Business administration for business owners
There are many types of business administration applicable to business owners, but there are four main categories that businesses typically fall into.
These categories are human resources, finance, marketing and operations. Each one is vital to the success of a business and has its own unique challenges and opportunities.
- Human resources is all about managing people. This includes hiring and firing employees, training staff, dealing with employee issues and ensuring that everyone is working towards the same goal. It’s a challenging role, but it’s also essential for keeping a business running smoothly.
- Finance covers everything from budgeting and bookkeeping to investment planning and raising capital. It’s important to have a solid understanding of financial principles in order to make sound decisions for the future of your business.
- Marketing is all about creating and delivering messages that promote your products or services. This can include advertising, public relations and social media. It’s a dynamic field that requires creativity and strategic thinking.
- Operations deals with the day-to-day running of a business. This includes everything from manufacturing and logistics to customer service and IT support. It’s important to have efficient systems in place in order to keep the business running smoothly.
These are just a few examples of the different types of business administration. Each one plays a vital role in the growth of any business. As a business owner, it’s important to have a solid understanding of all aspects of business in order to make informed decisions about the future of your company.
Human resources – A business administration career for all industries
Graduates who are interested in pursuing a career in human resources may be wondering what a human resources position entails.
Human resources professionals are responsible for a variety of tasks, including recruiting and hiring employees, managing payroll and benefits, and handling employee relations issues.
Those who pursue a career in human resources often have a background in business or HR-related coursework.
Some employers may require candidates to have a master’s degree in human resources or a related field, but many entry-level positions are available for those with a bachelor’s degree.
Graduates who want to pursue a career in human resources should consider taking courses in business administration, psychology, sociology and industrial relations. With the right education and training, graduates can enter this growing field and find rewarding and challenging careers.
Human resources is yet another example of a career in business administration that encompasses a wide range of different industries. While some graduates may consider human resources a less exciting career option than other fields, nothing could be further from the truth, as HR careers can offer graduates an excellent lifestyle along with an excellent salary to match.
The future for business administration
A commonly asked question by graduates is what does the future hold for a career in business administration? The answer to this question is not as straightforward as it may seem.
There are, however, a few key factors that will shape the future of business administration in business.
One of the most important factors is the ever-changing nature of technology. Technology is constantly evolving, and businesses need to evolve with it.
Businesses must be able to adapt to new technologies or risk becoming obsolete. As a result, graduates who have a background in technology will be highly sought after by businesses looking to keep up with the times.
Another major factor that will shape the future of business administration in business is globalization.
With businesses increasingly operating on a global scale, there is a need for graduates who have an understanding of different cultures and how to do business in different countries. Graduates who have international experience will be highly sought after.
Finally, the future of business administration in business will be shaped by the ever-changing economy. How a business is structured will determine how it will be able to cope with any drastic changes to come.
Graduates who have a combination of skills relevant to these issues will be in high demand in the future. Technology, globalization and the economy are all areas that businesses will need help with in the future. If you have a background in one or more of these areas, then you could have a bright future ahead of you in business administration.
This is just a snapshot of the future for business administration in business. The landscape is constantly changing, and graduates need to be prepared for anything. If you want to stay ahead of the curve, then it’s important to stay up to date with the latest trends. Graduates who can adapt to change will be in high demand in the future.
Keep these factors in mind as you progress in your career, and you’ll be well positioned for success.