A Bachelor of Business Administration (business studies) has become one of the most popular degrees to undertake worldwide. The degree itself equips students with fundamental skills such as operation, communication and time management skills that can not only be applied to a career in Business Management, but can also be extremely valuable for almost any career field.
It could be seen as a sound base for those interested in playing a fundamental role in almost any type of organization on a management level, or even those interested in opening their own company. There are many career options one could undertake following the completion of a Bachelor of Business Administration. With that in mind, what are 3 popular career options for graduates holding this degree? Let’s find out!
Many people dream of starting their own business, but are scared to take the jump into the unknown. A Bachelor of Business Administration can certainly put you in the right direction in regards to opening a business. Some people argue that there have been a lot of successful entrepreneurs over the years who did not even earn a degree (such as Mark Zuckerberg and Steve Jobs) but this is a rarity – the vast majority of people would need a Business Administration degree to gain enough knowledge about running a business.
Opening one’s own business or starting on an Entrepreneurial path could be a very exciting and rewarding career – just make sure you have as much exposure to marketing practices, finance management and crisis management as possible (all taught in a Business Administration degree) before opening your own business.
A Management Consultant’s role is to make sure that a business runs as effectively as possible. Of course, in order to work as a Management Consultant, one would need to have a thorough understanding of how a business runs, and the necessary tools for maximizing efficiency (including the ones taught in a business studies course.) Some major roles of a Management Consultant include taking care of redundancies, restructuring problem areas of the company, changing suppliers as well as, of course, financial management.
Peter Druker (one of the most successful Management Consultants of today), has consulted for some of the top companies in the world. One of his major successes was consulting for General Electric, and together with the CEO, taking the company from a market worth of 14 billion to 140 billion, making it one of the most valuable companies in the world. A Management Consultant can be a terrific career option for problem solvers with analytic minds – skills taught in a Bachelor of Business Administration.
A career in Marketing is a popular choice for those who have completed a degree in Business Administration. Marketing is all about selling an idea, product management and also incorporates a lot of analysis (which are important lessons included in a Business Administration degree.) The great thing about marketing is that it’s an ever-changing industry which keeps things very interesting.
There is also a lot of room to grow, so one’s opportunities to advance are endless. The basics that one would need to get into the marketing industry are taught in a Business Administration/business studies degree, whilst experience is key in order to advance. Having such an influence over people’s thoughts and actions can certainly be empowering and rewarding if one uses that power correctly.
Completing a Business Administration degree would be beneficial for almost anyone. It provides students with a sound knowledge base of how a business runs, as well as critical success factors and how they interconnect. A degree in Business Administration can open the door to careers in marketing, consultancy, owning your own business and much more.
Any company, no matter what field, can benefit from an employee with a Business Administration degree. It would be recommended to gain hands on experience with one’s business studies (such as through internships etc.) so you can soak up as much information about the industry as possible.
What would be your dream job after completing your business studies?