Why Study Business Administration? Here Are 4 Reasons

Regardless of the industry, every organisation has a dedicated team of business professionals. For those who have graduated with a degree in business administration, it opens doors for them to immerse in the finer details of the business’ operations: budgeting, forecasting, planning and research, for instance. It’s different from business management which deals with the human aspects of running a business, such as communication, planning and goal-setting.

Almost every university has a course in business administration. Here are some reasons why.

1. In High Demand

Business professionals plan and execute alongside other departments. Whether it’s working for a business consultation agency or a product/service enterprise, there will always be a market demand for degree holders in business studies. Essentially, everyone can acquire theoretical knowledge and practical skills in a business administration course programme and apply what they have learned at the workplace. Another great advantage of choosing to study this field is that it’s available in most academic levels, namely in diploma, bachelor’s, master’s and doctorate levels. Employers and recruiters are always on the lookout for candidates with business expertise compared to individuals who lack tertiary qualifications or with less marketable degrees.

2. Adds More Weight to Your Resume

Even though it’s common to meet someone with a Bachelor of Business Administration (BBA) or Master of Business Administration (MBA) now, it still gives graduates good leverage in the competitive job market. What you can actually do with this degree is enhance your resume, especially if:

• You’re a mid-level business professional; or
• MBA is a common qualification in your industry; or
• Your industry requires an MBA for career advancement.

An MBA may help you in the long run, but it’s best to take it at the right time. Entry-level professionals can gain more from several years of work experience than they would from immediately undertaking an MBA.

3. Career Flexibility

A business administration curriculum teaches transferable skills like data analysis and communication skills, which are applicable in most career fields. Some of the possible career paths for a graduate with a business administration degree are:

• Sales Manager
• Business Consultant
• Market Research Analyst
• Financial Analyst
• Event Planner
• Loan Officer

Hence, even if you’re not sure which degree to pursue right now, a business administration course remains a good choice as the core business principles can be applied across different industries.

4. Networking Skills

Universities are the perfect networking platform for students to meet and collaborate. Especially for working professionals who are pursuing business degrees, they can meet other professionals from different industries which can be really exciting. It’s always refreshing to see new ideas and perspectives when brainstorming together in a class assignment. Not only will they gain new contacts, but they may also find potential business partners in the process.

As you can see, specialising in business administration broadens career opportunities and enables a career switch for those who want to dabble in the world of business. It also helps students build their professional networks while working towards their academic certification.