With a degree in business administration, it is possible to pursue a career as a financial analyst, human resource manager or accountant.
A Bachelor of Business Administration (BBA) program can prepare students to work in numerous businesses or organizations. These programs give students a solid background in all aspects of business and often allow them to specialize in an area such as management, finance, accounting or human resources management. A BBA program also prepares graduates for further education at the master's and doctoral levels.
|Career||Financial Analyst||Human Resources Manager||Accountant|
|Education Requirements||BBA in finance, accounting or other relevant field||BBA in human resources management||BBA in accounting|
|Projected Job Growth (2014-2024)*||12%||9%||11% for accountants and auditors|
|Median Salary (2015)*||$80,310||$104,440||$67,190 for accountants and auditors|
Source: *U.S. Bureau of Labor Statistics (BLS).
People with a business administration undergraduate degree are prepared to hold entry-level positions in both the public and private sectors. Depending on the major, an individual might work as a financial analyst, human resources manager or accountant. Careers associated with a BBA don't require certification, although some positions have options to earn these designations, including financial analyst and accounting. PayScale reported that as of September 2016, individuals holding a Bachelor of Science in Business Administration had a high level of job satisfaction.
Financial analysts help individuals and businesses with their investment decisions. They can specialize in fields including portfolio management, risk analysis and fund management. Some focus on a specific country or particular industry. They need at least a bachelor's degree with a focus on finance, accounting, statistics or a related field. The U.S. Bureau of Labor Statistics (BLS) forecast that employment for financial analysts would increase by 12% from 2014-2024. The bureau also noted that the median salary for financial analysts was $80,310 in 2015.
Human Resources Manager
Human resources managers supervise a company's personnel operations, overseeing hiring, dismissals and benefits, among other duties. They work with other company leaders to organize strategies for the best utilization of the workforce, and they must be well versed in employment law. Most hold a degree with a focus in human resources management. The BLS predicted employment of human resources managers would increase by 9% from 2014-2024. The median salary for this job was $104,440 in 2015, according to the BLS.
Accountants are in charge of a firm or individual's financial records, including the payment of taxes. There are several types of accountants, include certified public accountants, who have completed additional training beyond a bachelor's degree and passed a comprehensive examination. According to the BLS, employment of accountants and auditors was expected to grow by 11% from 2014-2024. The BLS said the median salary for accountants and auditors was $67,190 in May 2015.
A business administration degree will prepare individuals to enter the job market as financial analysts, human resource managers or accountants. The job prospects for those with a business administration degree are expected to be strong from 2014-2024; per the BLS, job growth in these fields should increase by 9-12%.