A bachelor's degree in general business administration can prepare individuals to become administrative service managers, personal financial advisors, or advertising and promotions managers. These professionals all need a bachelor's degree to qualify to work in their fields, and a master's degree may be required for financial advisors to advance to senior positions.
Degree programs in general business administration can lead to a bachelor's degree or master's degree. Students studying general business administration learn about ethical and global issues, government regulations and business processes, as well as how demographics affect organizations. Completion of a Master of Business Administration (MBA) program can also be beneficial in terms of advancement and promotion to leadership positions. Business administration programs may also include concentrations in areas such as finance, marketing and business law. Depending on the schools, these programs may be found in both on-campus and distance-learning formats. Some programs include internships that allow students to gain real-world experiences in their chosen field.
|Administrative Services Manager||Personal Financial Advisor||Advertising and Promotions Manager|
|Required Education||Bachelor's degree||Bachelor's degree, master's may be needed for advancement||Bachelor's degree|
|Projected Job Growth (2014-2024)*||8%||30%||5%|
|Median Salary (2015)*||$86,110 annually||$89,160 annually||$95,890 annually|
Source: *U.S. Bureau of Labor Statistics
Earning a degree in general business administration can open a variety of career opportunities in business development, sales, retail, finance, information technology, project management and retail business. Possible job titles for graduates include contract manager, administrative services manager, financial advisor and advertising and promotions manager. Following is more information about several career options in business administration.
Administrative Services Manager
Administrative services managers are employed in a range of industries. They may also be known as a business office manager, and their duties may include handling general business tasks, supervising administrative personnel and coordinating staffing, as well as supporting the communications, planning and daily operations of an organization.
According to the U.S. Bureau of Labor Statistics (BLS), employment of administrative services managers was expected to grow by 8% between 2014 and 2024. The BLS also reported that as of May 2015, administrative services managers received a median annual salary of $86,110.
Personal Financial Advisor
Personal financial advisors are knowledgeable about insurance and investments. They may also provide tax advice. Employed by banks, insurance companies and other financial institutions, personal financial advisors analyze data and trends to assess financial options and strategies.
The BLS anticipated a 30% growth in job opportunities for personal financial advisors between 2014 and 2024. As of May 2015, the BLS stated that the median annual salary of personal financial advisors was $89,160.
Advertising and Promotions Manager
Advertising and promotions managers develop campaigns and strategies for generating sales and brand recognition. Their responsibilities may also include creating marketing and communications plans, conducting market research, negotiating advertising contracts and creating purchasing incentives.
The BLS projected a 5% increase in employment for advertising and promotions managers for 2014 through 2024. In May 2015, the median annual salary reported by the BLS for advertising and promotions managers was $95,890.
A general business administration degree prepares individuals to work in the financial and business sectors. These professionals may be employed by banks, corporations, or financial institutions, and may work as advertising and promotions managers, financial advisors, or administrative service managers. The duties these professionals perform vary from overseeing administrative personnel for a business, providing insight into insurance and investment opportunities, or creating marketing plans for products or companies.