Is a Business Administration Degree Worth It?

Is a Business Administration Degree Worth It?
Campus is the new alternative to online community college that provides a 100% live and online Associate of Arts in Business Administration degree program. Our comprehensive, career-focused business program equips students from across the U.S. with a solid foundation in core business principles to set them up for success no matter what their next step is. Read on to explore the world of business and how starting with a business degree might be your next best move.

Students who are considering their career options may wonder if a business administration degree is worth the effort.

You should consider the overall benefit of a degree before making an investment in your future. In the end, every higher level of education obtained should lead to a positive outcome – whether that is increased job opportunities, new skills, more earning potential, or more job security.

Business administration programs in general provide a solid foundation in business acumen, leadership skills, operations management, and other key areas needed to manage day-to-day operations in an organization.

Many employers looking to fill leadership and management positions may look for a business degree as evidence that a candidate is qualified for a position.

Below are some key considerations for determining whether a business administration degree is right for you.

What Do Business Administration Majors Learn?

A business administration degree provides students with the necessary business skills for employment in general business administration and management. These education programs train students with a foundation in basic business concepts including:

  • Human Resources
  • Business Management
  • Marketing
  • Finance and Accounting
  • Entrepreneurship

Business administration degrees can help prepare students for careers in operations management, finance, accounting, human resources, marketing, supply chain management, or technology.

What Skills Do Business Administration Students Learn?

Students in business administration learn how the daily operations of companies work. Some of the skills you will learn include strategic planning, decision-making, critical thinking, business ethics, management, finance, human resources, marketing, and professionalism.

While there may be some misconceptions about business administration majors, we’re confident that what you will learn in a business program can be truly useful for so many types of careers.

Online Learning For Business Administration

Many educational institutions today are offering online or hybrid learning business degree program options. Campus offers an online associate degree in business program that can be completed 100% remotely, which is great for students who may want to earn their degree but still need the flexibility to take care of responsibilities at home (or wherever they may need to be!).

Want to learn more about Campus?

Our admissions advisors can answer your questions.

People oftentimes turn to online learning for earning their degree thanks to its generally lower cost and greater convenience.

Business Administration Job Outlook and Opportunities

What are the potential career paths after completing an associate's in business? A degree in business administration opens the door to a wide array of fulfilling and lucrative career paths for graduates.

According to the US Bureau of Labor Statistics (BLS), the median annual wage for business and financial occupations as of May 2021 was higher than the median of all jobs. There are several different careers that use business administration, so it may be most thorough to compare all the job information on their website.

The BLS also projects the jobs in this sector to grow about 8 percent between 2020 and 2030, as quickly as the average across all occupations. Over 750,000 jobs are projected to be created in the business and finance sector over this ten-year period. Many of these occupations require a business administration degree to gain entry-level employment.*

Benefits Of A Business Administration Degree

There are several practical reasons and advantages when it comes to pursuing a business administration degree. Let’s explore them.

1. Transferable Job Skills

Business administration encompasses several interwoven disciplines that are useful within any organization. Graduating with a business administration degree can allow you to move into different specialties, building on a solid foundation of general business competency.

Some of the transferrable business skills that can be utilized across your career include business processes, human resource management, marketing, and sales. By earning additional certifications or real-world experience, you can establish your expertise as a field specialist.

2. Market Demand

With hundreds of thousands of jobs in business and finance projected to be created over the next decade, this means companies will need qualified candidates to fill these roles. Earning a degree in business administration can open up many different potential career paths for your future.

3. Earning Potential

According to the BLS, the average median salary for selected business and finance positions is considerably more than the median of all jobs, as of 2021. Having skills such as operations management, finance, or resource management can be a vital part of unlocking earning potential.*

4. Versatility and Flexibility

One reason you may choose to pursue a business administration degree is for more flexibility in career options. Every organization needs personnel who are business savvy and who can ensure that business operations run smoothly. By learning business admin skills, you open yourself up to a wide range of job possibilities. Some of the types of organizations that need candidates with business acumen include healthcare, financial services and accounting, technology, retail, and logistics.

5. Career Advancement

In your corporate career, you may work in different positions and departments as you advance. Some management positions may require a business administration degree to qualify. By earning a business admin degree, you may gain an advantage over other candidates who may not have pursued as much education or training.

6. Leadership and Management

In a business administration program, you will learn leadership skills and fundamentals for managing daily operations. By learning the different aspects of business, such as finance, resource management, and operations, you will be better able to manage effectively. Some employers look for managerial candidates with business degrees, as they understand how to achieve business goals.

Launch Your Business Career Path

The Campus online associate degree in business provides students with business training in general administrative skills and business management principles. Students will receive a diverse set of skills, equipping them to enter a successful career in business administration and management.

These courses are offered in our online community college programming. Students can complete all of the coursework online. If a career in business administration is something you are interested in, click here to request more information!

Note: The data provided above are from a source unaffiliated with Campus and are for informational purposes only and represent the employment field as a whole. They are not solely specific to Campus graduates and, by providing the above information, Campus makes no representation, direct or implied, or opinion regarding employability.

Want to learn more about Campus?

Our admissions advisors can answer your questions.