If you’re considering a career in business administration, you’re likely to have a lot of questions about what it’s like to work in this field, and whether or not it might be the right fit for you. Whether or not business administration is right for you will depend on many factors including your career goals, and your skills and strengths. This article contains information about the field of business administration and is intended to help you get a better understanding of some of the factors that you might want to consider before committing to a career as a Business Administrator.
What is a Business Administrator?
A Business Administrator oversees the day-to-day operations of a company. They are responsible for a number of different management and organization tasks, with the overall goal of supporting the growth and productivity of the company. Business Administrators reorganize employees or hire new ones, and also train, support, and evaluate employees. They are also responsible for managing finances and resources, which includes setting budgets, making financial goals, and negotiating contracts with vendors and suppliers. In addition, this role includes setting goals for the future, as well as implementing goals set by upper management.
Business Administrators work in many different industries including finance, healthcare, marketing, and construction. Some work for small organizations, where they are more likely to handle administrative tasks for the entire organization, while others work for large companies, where they are more likely to focus on managing a specific department such as human resources or sales.
Why Become a Business Administrator?
If you’re thinking about becoming a Business Administrator, it’s a good idea to gain an understanding of what this job entails, and what people like--or dislike--about it. That way you can better understand whether it will be a good fit for your skills and needs.
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Job Security
One reason that many people choose to work in business administration is job security. Most business administration jobs are expected to experience strong growth in the future. The Bureau of Labor Statistics (BLS) is a government agency that collects U.S. labor market statistics and releases analyses of those statistics. It reports a strong job outlook for all management jobs. It says, “Overall employment in management occupations is projected to grow faster than the average for all occupations from 2023 to 2033. About 1.2 million openings are projected each year, on average, in these occupations due to employment growth and the need to replace workers who leave the occupations permanently.”
BLS also provides information about many specific management jobs. For instance, it predicts that Administrative Services Manager jobs will grow by about 5 percent over the next decade, which is faster than average. For Sales Managers, BLS predicts 4 percent growth. For Financial Managers, the agency reports that the job growth rate will be 16 percent, which is far higher than the average U.S. job growth rate of 3 percent. Human Resources Managers are expected to see 5 percent growth over the next ten years, and Sales Managers 4 percent.
A Competitive Salary
Business administration jobs tend to pay well too. BLS provides salary data for management positions in general and finds that most managers earn well above average. It says, “The median annual wage for this group was $116,880 in May 2023, which was higher than the median annual wage for all occupations of $48,060.” Indeed provides a salary estimate for Business Administrators specifically, and its estimate is lower, but still above average. It finds that the average salary for a Business Administrator is almost $64,000 per year, and the average salary for a Senior Business Administrator is about $87,000 per year. Glassdoor reports an average of about $77,000 per year for a Business Administrator and $176,000 yearly for a Senior Business Administrator.
Business administration includes a wide range of different job titles, and some pay more than others. In an article titled “What Can You Do With A Business Administration Degree? Career and Concentration Options,” Forbes Advisor talks about some of the highest-paying types of positions. It says, “Some of the highest-paying jobs in business administration include chief executive roles. These professionals earn a median annual income of $189,520. Other positions include computer and information systems manager and financial manager, who earn median salaries of $164,070 and $139,790, respectively.”
Job Options
Another reason to get into business administration is that there are a lot of different job options in this field. Business Administrators work in a wide range of different industries, since almost every business needs administrators. In addition, there are a lot of options within different businesses. Some Business Administrators work in a broadly-focused position, while others focus on a specific sector, like marketing, human resources, or finance. Not only does the flexibility that comes with this role give you a lot of different choices, but it also allows the potential to change your career path later in life.
Leadership Skills
Leadership is a key part of being a Business Administrator. In this role you’ll develop valuable leadership skills that will be an asset no matter where you go in the future. You’ll learn to lead a team towards success, including motivating team members and effectively solving a variety of problems. Strong leaders are in demand in the business world, and leadership skills can help you stand out in what can be a very competitive field. By being a leader, you’re more likely to get noticed.
Practical Skills
When you learn business administration, you’ll also gain many different practical skills that can be applied to both your professional and personal life. For instance, you’ll learn a lot about business, finance, and the market. This knowledge will be an essential part of your position as a Business Administrator, but it can also be used in your personal life too. A better understanding of managing money and making sound financial decisions can help you make better decisions about your own finances.
As a Business Administrator, you’ll also develop a number of soft skills that can be valuable in many facets of your life. One is communication. You’ll need strong communication skills to be able to effectively do your job of managing people, however, good communication skills can also help you maintain better relationships in your personal life. Other soft skills that you’re likely to learn in this role and which can be applied to your personal life include teamwork, creativity, problem-solving, and networking.
Opportunities for Growth
Business administration is also a field that provides a lot of opportunities for growth. An education in business administration will help you master many key business skills and principles. Lots of different business roles require this base, and you can use your knowledge to launch into a variety of different careers and specializations in the future, such as finance, human resources, or marketing. This knowledge can also equip you for a more advanced course of education if that’s where you want to go. Overall, business administration is widely seen as a highly versatile asset that can lead to many different opportunities.
Do I Need a Degree to Become a Business Administrator?
Some people get into business administration by earning a degree, however, a degree is not a mandatory part of becoming a Business Administrator. There are other ways to gain the knowledge and skills that you’ll need to work in this role. For instance, you can get a business administration education at a different type of school. In recent years, bootcamps or certificate courses have become an increasingly popular way of learning. These are accelerated programs that are designed to cover all the skills that you’ll need to work in business administration. Most include lots of hands-on training too, and they are designed to get you career-ready as quickly as possible, usually in less than a year. They usually cost a lot less than a degree; less than $20,000 to $30,000 on average.
If you don’t want to get a degree, another thing that can help you break into the world of business administration is experience. Experience will give you a real-world understanding of this field and will help you develop the knowledge and skills that you’ll need to succeed. There are two parts to gaining experience. You’ll need management experience, since business administration involves management. In addition, you’ll need experience in the specific industry where you plan to work so that you can gain an understanding of things like policies, regulations, and best practices in that industry. You can start getting experience by volunteering or taking an internship position. You might also be able to find an entry-level job. As you develop real-world experience, it’s also a good idea to create a portfolio, which showcases that experience. You can use your portfolio to demonstrate your mastery to future potential clients or employers.
Learn the Skills to Become a Business Administrator at Noble Desktop
Noble Desktop is based in New York City and offers many different business classes. You can learn in person at its Manhattan facility, or in a live online classroom. At Noble Desktop, you’ll find a number of short classes that only take a day or two, where you can master essential business skills like Excel or financial modeling. You’ll also find a variety of comprehensive, hands-on bootcamps and certificate programs, where experienced instructors will guide you through all the skills you’ll need in business administration, getting you career-ready in less than a year. Noble Desktop is licensed by the New York State Education Department.
- One popular Noble Desktop option is the “MBA” Business Certificate. This course is an “MBA-style” program and it includes some of the skills taught in MBA programs. In this class, you’ll learn tools and strategies for finance, project management, marketing, and data analysis. You’ll also learn about the practical applications of generative AI, and will get access to a self-paced class that covers the basics of business insurance, employment law, and business law. This class includes the option to take electives that match your specific area of interest. Finally, it comes with eight one-on-one mentoring sessions.
- Noble Desktop also runs many different business-related bootcamps. The Project Management Bootcamp is a popular option. This class is designed for students who want to learn more about project management. It is a combination of the school’s Level I and Level II classes and is offered at a discount. When you take the Project Management Bootcamp, you’ll learn the five phases of project management and will receive a slide deck that contains a variety of exercises. You’ll also learn about Waterfall, Critical Path, and Agile methods of project management, including popular Agile frameworks. You’ll receive a certificate of completion at the end of the class.
- Another popular certificate program is the Data Analytics Certificate. In this course you’ll learn about gathering, wrangling, analyzing, and visualizing data, and you’ll work on a number of real-world projects. Both predictive and prescriptive analytics are covered, in addition to Python, Excel, Tableau, and SQL. All students also receive eight one-on-one mentoring sessions, which can be used to work on challenging concepts or for resume and portfolio advice.
- One of Noble Desktop’s newest offerings is the Chat GTP & AI for Business Bootcamp. This course is designed to give you the skills you’ll need to utilize AI in your daily business tasks. You’ll learn how to create effective prompts, manage conversations, and use advanced features like memory settings. You’ll also learn about the ethical considerations of AI. In addition, the course focuses on ways to use AI for task management, communication, and project planning. You’ll learn about automating repetitive tasks, optimizing schedules, and improving collaboration and administrative workflows.
- Noble also offers many shorter classes focused on a number of different business skills. For example, it has a variety of short Excel classes: Excel Level 1,Level 2, and Level 3. Level 1 is focused on getting familiar with the interface, entering data, using essential formulas and functions, and creating charts. You’ll also learn how to format and print. Level 2 covers splitting and joining text, adding data validation, named ranges, database functions, adding logical statements, and using Pivot Tables. In addition, you’ll learn to use statistical functions and create advanced combo charts. In Level 3, instructors cover advanced concepts including cell locking, auditing, hotkeys, formatting for calculating dates, advanced functions, advanced analytical tools, Pivot Charts, and advanced database functions.