3. Majoring in business administration will also prepare you for a wide-range of high-paying careers with above average growth prospects (U.S. Bureau of Labor Statistics). Required fields are marked *. Let’s check it out! Will a business administration major provide a career that will give me job satisfaction? Understanding the basics — A business administration major is exposed to all types of business concepts and is familiar with a variety of strategies and situations that students in specialized majors may not encounter. Thinking about getting a business degree? A employer survey conducted by the National Association of Colleges and Employers indicates that workplaces most value these three skills that you are usually more likely to find with a liberal arts eduction: On PayScale's list of the highest paying college majors, economics came in No. Economics is one of the liberal arts so you are more likely to learn how to write and think in college, which is what employers covet in their workers. Finding the right major can have a pretty big impact on your life, so let’s take a closer look at the case for majoring in business. What are the opportunities for career advancement? Business administration majors can be found in health care management, business management, finance, accounting, and marketing. According to a recent survey, a career in business administration can provide extreme satisfaction with over 47,000 people rating their job satisfaction as 5 out of 5. Market data provided by ICE Data Services. Majoring in entrepreneurship can be a good idea, but it is not necessary to become a good business owner or manager. You're kidding yourself if you think a business … For 13 years, has been dedicated to helping students like you finish your degree faster. The possibilities that a business administration major provides allow you to have a career that is not only personally satisfying but also financially rewarding. Yes, business administration is a good major because it dominates the list of most in-demand majors. Copyright © 2020 CBS Interactive Inc. All rights reserved. If you’re strongly considering a business-related major, you’ll want to know the top factors in favor of earning this degree. But is Business Administration a good major? It fared worse than such "impractical" college degrees as philosophy, history and American studies. For some, the natural progression in your career is completing a Master of Business Administration (MBA) and moving into upper management in your corporation. You don’t have to put your current career on hold to get your degree. Is the business industry projected to grow or shrink in the foreseeable future? But that isn’t because there isn’t a demand for employees with this major. Sometimes, advancing your career may look more like a zig-zag than a straight line. Engineering majors dominated the rest of the top-paying degrees. Quite a few well-known universities now offer programs online. On average, a business professional with a bachelor’s in business administration can expect a salary well beyond the national average. Through either a traditional or accelerated business degree, a business administration degree can refine your abilities in areas that include: The marketplace understanding that you will develop through a business degree will strengthen both your resume in securing a job, but also in helping you be successful in that job. Is business administration really the most in-demand major? Your email address will not be published. Whether you’re a working adult or fresh out of high school, a Bachelor’s in Business Administration does not have to be the finish line for your career. You are not limited as you can choose anything from Arts to Healthcare, Politics to Economics, Anything that is in your mind. A business major leaves a room for you to select from a wide variety of minors.In the capitalist world, everything translates to business. This strategy can be strengthened through developing skills that give you an edge over other applicants, such as learning another language. In fact, a business administration major can equip you with the skill set for a variety of careers across multiple fields. According to NACE, economics is one of the most financially sensible majors … Will a business administration major provide a career that will give me job satisfaction? Some of the questions you might have in this discussion are: Having solid answers to these concerns can help you feel confident in deciding if a business administration major is a good fit for you. 1. Business majors report feeling less fulfilled by their work than others. What upset ex-U.S. cyber chief most about being fired? It’s one of the reasons the business degree is the most popular degree in the country, accounting for nearly 20% of all degrees awarded, according to recent data from the National Center for Education statistics. 2021 Best Online Masters in Public Relations Programs, 30 Best Online Special Education Degree [2020 Bachelor’s Guide], 25 Best Online Logistics Degrees [2021 Guide], 25 Best Online MBA in Supply Chain Management [2021 Guide], 2021 Best MBA Marketing Online Programs [Ultimate Guide]. Maybe you’re wondering, is Business Administration is a good major? Business is the most popular college major, but that doesn’t mean it’s a good choice The Wharton School of Business at the University of Pennsylvania in Philadelphia. Business degrees are hot, but you might want to reconsider your decision. View all articles by Lynn O'Shaughnessy on CBS MoneyWatch» People who major in business have the basic skills and understandings necessary to make decisions on some level because they understand how a business works, what it needs and where it needs to be. Was backyard beeping coming from a missing teen's watch? Even I majored in Business! This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site.

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