Graduating college is an exciting time full of new opportunities and career paths. With a degree in business administration, you can enter many different fields and perform different roles.
Business administration majors study the core concepts of business and how trends and issues affect it. You’ll gain a fundamental knowledge of business functions and learn how different departments work together to boost the growth and success of their company or organization.
With more than 900,000 expected business job opportunities in the next decade, our Bachelor’s in Business administration can prepare you to succeed in the industry. From HR to accounting, here are the top 10 careers for business administration graduates.
1: Human Resources Specialist
Interacting with coworkers and ensuring employee satisfaction is a top priority for HR specialists. In this role, you’ll get to recruit and interview job candidates, ensure the company is adhering to all guidelines, and manage employee benefits, conflicts, and communication. The average annual salary for this position is $52,732.
2: Accountant
As an accountant, you’re responsible for maintaining your business’s financial operations. You’ll get to review and analyze financial data and records, prepare budget reports, and direct accounts payable and receivable functions. The average annual salary for this position is $58,508.
3: Investment Banker
Investment bankers help businesses manage their financial portfolios by helping raise money and identifying where to cut costs. You’ll also get to identify market trends to help clients issue bonds and buy stocks. The average annual salary for this position is $60,489.
4: Research Analyst
In this role, you’ll research specific markets and use data analytics to prepare reports for financial use. You’ll use your research findings to determine trends, create strategies to increase profitability, and work with the marketing team to monitor sales. The average annual salary for this position is $61,958.
5: Business Development Manager
Business development managers are responsible for helping their businesses financially grow and succeed. You’ll get to work closely with both internal teams and clients, to ensure customer satisfaction is always achieved. Some other duties include identifying market trends, developing financial strategies, and finding leads. The average annual salary for this position is $72,048.
6: Financial Advisor
As a financial advisor, you’ll get to evaluate salaries and assets to help clients form individualized budget plans and long-term financial strategies. You’ll also get to help by researching market trends, making reliable investments, estate planning, debt management, and tax budgeting. The average annual salary for this position is $78,987.
7: Business Analyst
In this role, you get to use evaluation skills to provide various services that benefit businesses. Some common examples of this are helping teams develop IT solutions, analyzing opportunities to make procedural suggestions, and maintaining clear communication with all parties to ensure everyone is on the same page and things are running smoothly. The average annual salary for this position is $79,884.
8: Controller
Controllers are responsible for dealing with all accounting functions of their business. You’ll get to oversee accounting departments, offer guidance to employees, and maintain knowledge of tax laws and financial guidelines. The average annual salary for this position is $101,757.
9: Product Manager
Ensuring a product’s success and efficiency is your primary duty as a product manager. You’ll get to review the product’s functionality, communicate progress with your team, and have a thorough understanding of the product’s target market. The average annual salary for this position is $102,100.
10: Actuary
As an actuary, your primary duty is to review data and statistics to analyze financial risks and evaluate potential opportunities. You’ll get to suggest policies and methods to minimize potential risks, better understand uncertain financial areas, and create projections based on numerical data. The average annual salary for this position is $116,980.
