Business skills apply across virtually every industry, making an undergraduate degree in business valuable no matter which industry interests you. In today’s ever-evolving job market, having a degree that allows you to pivot and apply your skills in various settings is useful. With a bachelor’s degree in business administration, you can gain knowledge in management, decision-making, marketing, accounting, finance, and leadership.
Why Earn a Business Administration Degree?
With a bachelor’s in business administration, you can learn essential entrepreneurship skills to manage a team or start your own business and develop a broad skillset.
“Students should consider a business administration degree because it is in high demand, can help you attain a global perspective, and is an adaptable degree,” says Kimberly Holiday, program director of the bachelor’s in business administration at UMGC. “Ultimately, the versatility and demand for business professionals make it a popular and top choice for many students.”
Business administration programs provide a broad overview of business concepts and management principles. Students often take a variety of courses covering finance, marketing, operations, human resources, and strategy. When choosing which business program to pursue, you should consider if the courses incorporate emerging trends that prepare students for the dynamic and evolving business landscape.
What Careers Could You Pursue with a Bachelor’s in Business Administration?
In addition to gaining the knowledge of how to start your own business, the versatility of a business degree can open multiple job opportunities within a variety of industries. According to the Bureau of Labor Statistics (BLS), the overall employment in business and financial occupations is projected to grow faster than average from 2022 to 2032, with over 911,000 job openings projected each year on average.
“Graduates (with a business degree) are well-rounded individuals with a solid understanding of various business functions, making them suitable for positions in different industries,” says Holiday.
Some common job roles that students with a business or management degree might prepare for include financial analyst, marketing manager, human resources manager, IT manager, management analyst, sales manager, project manager, supply chain manager, director of operations, and business development manager. According to BLS, the median salary for a financial analyst was $95,080 in 2022, and $120,000 for a training and development manager in 2022.
“A business administration degree can open up a wide range of career opportunities across various industries,” says Holiday. “The specific career paths may vary depending on the specialization within the degree program.”
Why Choose UMGC for Your Business Degree?
At UMGC, the bachelor’s in business administration program can help you prepare for a variety of positions in management and operations for-profit, nonprofit, and public-sector organizations. Our respected faculty are experts in their fields and can offer students a look into the current state of different industries. In addition, the business program at UMGC is completely online, offering students the flexibility to earn their degree on their schedule and from anywhere around the world.
As the digital world evolves, students in the bachelor’s in business administration degree program at UMGC gain career-focused experience in e-commerce, the use of artificial intelligence (AI), cybersecurity, and international business.
“At UMGC, we constantly update our curricula to address growing trends within the business industry,” says Holiday. “Some trends we currently discuss in business courses also include sustainability and corporate social responsibility, remote work and virtual collaboration, data analytics, and agile project management innovation.”
To help students earn their bachelor’s degree faster, UMGC offers fast paths to credit for prior learning, vocational and technical training, industry certifications and professional courses, exams, and military education and training, saving time and money. UMGC also does not require the SAT®, so students can apply and begin their degree right away. Students have access to academic support including tutoring, the Effective Writing Center, and success coaches who are dedicated to helping students in their degree program.
Students at UMGC also gain access to lifetime career services at no extra cost, which provides networking and mentorship opportunities. Career services can provide you with professional development tools applicable for any stage of your career, including job listings, career fairs, resume review, and interview preparation.
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