What is a business administration degree? A bachelor's in business administration trains you in data analysis, management, and organizational behavior to build your competency around business principles and practices.
The degree builds strong analytical and decision-making skills that can serve you in many fields. You can specialize in areas like general management, accounting, supply chain management, and healthcare management.
Many business occupations show strong growth projections for 2020-30, according to the Bureau of Labor Statistics (BLS).
Average time to degree | Four years |
Average salary | $69,000/year (Payscale, March 2022) |
Possible post-graduation industries | Any/all |
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The average business administration degree salary was$69,000 per year in March 2022, according to PayScale. Many business administration degree jobs pay higher salaries. For example, the BLS reports a median annual wage of nearly$110,000 for management occupations.
Finding the best business administration degree online can seem overwhelming. To help, we've ranked our top picks based on cost, convenience, and quality.
Read nowBusiness administration majors work as financial analysts, market research analysts, accountants, and management consultants. These careers offer above-average salaries and career advancement opportunities.
For example, financial analysts earn a median salary of$88,660 per year, while financial managers make a median salary of over$134,000 per year. That's well over double 2020's median annual wage,$41,950.
Earning a business administration degree online prepares you for many entry level business administration jobs. As a business professional, you may increase your earning potential with experience, a graduate degree, or professional certifications.
A business administration degree prepares graduates for jobs in marketing, human resources, accounting, and management.
Different jobs set different educational and experience requirements. Many business administration degree jobs offer high salaries and strong projected job growth.
Overwhelmed by MBA options? We rounded up the best online MBA programs to help you decide which one is right for your personal and professional goals.
Read nowImportant qualities:
General and operations managers oversee offices, stories, and other facilities. They set policies that align with the organization's values and assess progress toward long-term goals. General and operations managers also create schedules, review budgets, and oversee daily operations. Some employers prefer candidates who've attended an in-person or online MBA program.
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Accountants and auditors prepare and review financial documents. They prepare taxes for businesses and individuals, identify financial fraud, and evaluate the economic value of a business. A bachelor's degree meets the minimum requirement for many accounting and auditing jobs, though CPAs need postgraduate education.
Important qualities:
Industrial production managers supervise manufacturing plants. They ensure workers follow safety procedures, set long-term goals, and manage daily operations. Industrial production managers also implement procedures to streamline production. The career requires five or more years experience in industrial production.
Important qualities:
Human resources managers oversee the staff who administer an organization's benefits and manage the hiring and training process. They recruit staff, research competitive benefits packages, and resolve employment disputes. Most human resources managers hold a bachelor's degree and bring experience as a human resources specialist.
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Management analysts research an organization's processes to recommend improvements. They help managers increase profits by eliminating inefficiencies. Management analysts also advise organizations on better procedures. Most roles require less than five years of experience.
Krystal Covington, MBA, is a business growth strategist with 15 years of experience in marketing and public relations. Her company, Go Lead Consulting, provides clients foundational tools to build new client and customer relationships.
Covington founded Women of Denver, one of the largest privately held membership organizations in Denver, Colorado. Her program helps women increase their business acumen, sharpen leadership skills and connect with other high-achieving women. Covington received her MBA from Western Governors University in 2012.
Krystal Covington is a paid member of the Red Ventures Education freelance review network.
Last reviewed Oct. 12, 2021.
Unless otherwise noted, salary and projected growth data comes from the Bureau of Labor Statistics, as of March 22, 2022.