Be in the know. If you like the idea of managing a team of other employees and have a strong desire to help shape a … Sometimes, advancing your career may look more like a zig-zag than a straight line. Sweetening the deal, employees with a business administration degree can see a healthy increase in their financial earnings throughout their career. If you are interested in developing this skill set in an industry that is growing beyond the national average, providing an above-average salary, with the opportunity for career growth and development, then a business administration major can be a great fit for you. Here are eight reasons why you should not major in business: Among the students who learn the least in college are social work, education and business majors. When PayScale looked at starting and mid-career salaries of college graduates in dozens of college majors, business came in as the 56th best-paying college degree. When you pursue a business administration major, you are exposed to the elements that make organizations function effectively and efficiently behind the scenes. Bachelor’s Program: Bachelor’s degree programs in finance, accounting or business administration may provide training for college students who want to become business analysts. A business administration major prepares you to effectively handle business theory and management principles in a professional manner. In contrast, the researchers found that students majoring in the humanities, social sciences, hard sciences and math do relatively well. Read my other post: 5 Reasons Not to Get a Law Degree. ICE Limitations. In fact, a business administration major can equip you with the skill set for a variety of careers across multiple fields. Copyright 2007-2020. But that isn’t because there isn’t a demand for employees with this major. What upset ex-U.S. cyber chief most about being fired? What are the opportunities for career advancement? In contrast to some majors, a business administration degree is less about what degree you graduate with and more about the tools and resources you have honed during your education. If you're asking yourself if business management is a good fit for you, think about how comfortable you are pursuing a leadership role in an organization. How much can an economics major earn? Get the latest breaking news delivered straight to your inbox. 2021 Best Online Masters in Public Relations Programs, 30 Best Online Special Education Degree [2020 Bachelor’s Guide], 25 Best Online Logistics Degrees [2021 Guide], 25 Best Online MBA in Supply Chain Management [2021 Guide], 2021 Best MBA Marketing Online Programs [Ultimate Guide]. But is Business Administration a good major? Regardless of the field that you choose to work in, from health care management to real estate, with potential salaries at nearly double the national average, a business administration major can be an astute financial decision. Engineering majors dominated the rest of the top-paying degrees. Is the business industry projected to grow or shrink in the foreseeable future? Internal business is a broad topic that encompasses international politics, practical business skills and world cultures. This article helped me in clearing my doubts. It’s one of the reasons the business degree is the most popular degree in the country, accounting for nearly 20% of all degrees awarded, according to recent data from the National Center for Education statistics. Economics is one of the liberal arts so you are more likely to learn how to write and think in college, which is what employers covet in their workers. Getting professional certifications such as a Project Management or Supply Chain certification can also move your resume to the forefront as it shows both your knowledge and your investment into your field. Powered and implemented by FactSet. Why should you major in business? Majoring in entrepreneurship can be a good idea, but it is not necessary to become a good business owner or manager. Through either a traditional or accelerated business degree, a business administration degree can refine your abilities in areas that include: The marketplace understanding that you will develop through a business degree will strengthen both your resume in securing a job, but also in helping you be successful in that job. With growth projections like these, you can rest assured that careers in the business industry are projected to grow, making a business administration major a wise choice. It fared worse than such "impractical" college degrees as philosophy, history and American studies. 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Business majors report feeling less fulfilled by their work than others. Yes, it is … and here’s why: Start your career faster – Most people fail to realize how varied a career in business can be. On average, a business professional with a bachelor’s in business administration can expect a salary well beyond the national average. Your email address will not be published. For 13 years, MyDegreeGuide.com has been dedicated to helping students like you finish your degree faster. Maybe you’re wondering, is Business Administration is a good major? You're kidding yourself if you think a business … Trump campaign loses appeal in Pennsylvania, What exit polls say about state of Georgia's Senate runoffs. Whether you’re a working adult or fresh out of high school, a Bachelor’s in Business Administration does not have to be the finish line for your career.