How Landing a Business Administration Job

Can Get You Your Heart’s Desire

By Lawrence Tam

In layman’s terms

Business Administration is the ● Planning● Organizing● Leading and ● Executing

various aspects of running a company.

Running a Company

RunningA

Company

.. being the heart of a company, pumping it’s lifeblood in day-to-day operations

Good for you if you are..

● interested in operating a company● looking for a career change ● competitive by nature● enjoy a fast-paced environment● good at communicating ● well versed in politics, history,

economics or technology● good with numbers, problem-

solving and data analysis

Such as

● college students ● individuals getting back to

work after raising a family ● or those that have served in

the Armed Forces

Since many entry level jobs do not require any special training at the time of hire And additional training and education can be pursued laterTherefore business administration positions are a fantastic job opportunity for workers seeking a career change.

Working hours options

Temporary• Flexible

hours• Irregular

pay

Part time• Flexible

hours• Steady pay

Full time• Regular

hours• Good pay

Part time

Examples of part-time business administration jobs are:● customer service● bookkeepers● billing specialists● administrative assistants

●Finance manages incoming and outgoing monies for the company while Economists handle company’s financial trends.

● Human resources manages employee benefits and personnel.

● Marketing and advertising promotes the company’s brand.

Departmental Focus

●Logistics deals with transporting goods or services.

●Business operations oversee a company’s ability to run smoothly on a daily basis.

● Business administration oversee a group of workers and/or projects within a company.

Departmental Focus

Add accounting & IT

By combining ● business administration ● accounting (one of the top three

fastest growing jobs in the U.S.) ● technology you can really boost your chances of being irresistible to both employers and contractors.

Salary levels

A 2012 survey found that business administration majors with a bachelor’s degree earned an average starting salary of $52,500, which is well above the $45,790 earned annually by the average U.S. worker.

Source: National Association of Colleges and Employers

Other Examples of Jobs You Can Get With A Degree in Business Administration

Accountant $37,335 - $51,137Accounts Payable Professional $26,439 – $35,862

Accounts Receivable Clerk $25,504 – $35,006Acquisitions Tax Manager $105,000 – $115,000

Agency Underwriter $43,490 – $76,700Appraiser $37,935 – $48,415

Bank Compliance Officer $60,834 – $94,665Benefits Administrator $35,807 – $46,597

Source: Marylhurt University

Budget Analyst $42,860 – $55,079Business Risk Consultant $64,000 – $95,000

Casino Gaming Manager $38,028 – $61,636Chief Lending Officer $75,000 – $107,000

Corporate Development Manager $81,359 – $114,331

In top industries the average salary was $55,500 for business administration majors with a Bachelor’s Degree

Salary Level By Industry

manufacturing

$53,800professional, scientific and technical services

federal, state and local government

$54,400wholesale trade

$53,600$51,500

finance and insurance industry $50,900

Start at the bottom, advance with education

Starting jobs include:

Secretary, executive assistant and administrative assistant

● Starting salary $10-12 per hour.

● Median salary $34,660 per year ($16.66 per hour)

● Top paid positions $55,960 per year

Source: DegreeTree.com

Salary Level By Degree

Low 25% $42.2K

50%

Top 25%

$50k

$63.4k

B.A.

$51.5K

$62k

$73.9k

M.A.

Levels Of Degree

● Associate’s Degree (not enough) 2 years community college

● Bachelor’s Degree - 4 years at college, university or business school

● Master’s (MBA - a minimum requirement for some careers) another 2 years after the Bachelor’s Degree.

● Ph.D. or Doctorate - needed for teaching or research

Other Certification Options

➢ On-the-job training ➢ Attending seminars➢ Available through community

colleges and local universities ➢ Completed by reading literature

and taking a test (get a certificate of completion)

➢ Often more reasonably priced than a degree

Advanced Degrees

Don’t underestimate the benefit of an advanced degree – such as a Bachelor’s, Masters’ or Doctorate.

And it may be a necessity for employees wishing to advance to high-ranking positions within an organization.

Finding work

Whatever your level of graduation, make the most of the special skills and strengths only you bring to the table.

Search the internet● Use CareerBuilder.com However only 5% of available jobs in this field are reported online

Get Networking

Use friends, family and colleagues

75% of Business Administration jobs are won by networking among peers

“Who you know” is important

Use Head Hunters

Look outside the box and network as far as you can. Hit:● Linkedin ● Headhunters (HR individuals) ● Staffing agencies

Don’t forget friends and family

There Are Many Options

Combine your new wisdom with marketing and● become an expert witness in court● write a book ● run a blogThe sky is the limit.

Just get creative and get started

Millionaires

● 99% of millionaires have degrees. ● Business Administration is the 5th most

common major among those millionaires

Sources: Classes and Careers, Spear’s Magazine, and John A. Byrne

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