Below listed are the major careers one could pursue in the Business Administration field, followed by required qualifications, career path to adopt, expected salaries, local and global demand and list of Institutions that are offering relevant courses.
Business administration is a multi-discipline career option that ensure effective and smooth running of daily business operations. It is associated with team of executives, not necessarily subject or technical experts, who with prior operational knowledge would run the business the way it should. Most of the time they are associated with regular daily operations and accommodating expansion and improvement plans. The management would take decisions based on the operational reports posted by the business administration.
It is necessary to have qualification covering the aspects of business such as finance, personnel, customers, markets etc, hence a Bachelor’s degree to start with. This would provide an overall idea of the business operations and help the student to choose a master’s degree and specialization as per their interest. To excel in the career it is required to have relevant experience that would add as an advantage in managing and developing the business.
It is a lucrative career with good package options, however mostly depending on the experience and position you are landing in. An early start and steady learning would take you to positions. In the competitive market scenario, lean management is the point of interest, hence the business managers have a major role to play. In case you are interested in this career option, it is advisable to do internship in this area before you finalize and also helps you in gaining some exposure.
Bachelor’s in Business Administration, Management would be helpful to start with. Focus on the specialization and Master’s (M.B.A) as per our interest and career growth.
Creative thinking, Open minded, Critical analysis, detail oriented, verbal and communication skills, networking.
Specific to the work and contribution. May not see money in the initial stage however as the experience and exposure increases, so does the money.