how business administration jobs can get you your dream job
Post on 14-Sep-2014
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How business administration jobs can get you your dream job and what they normally do for a living.TRANSCRIPT
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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