The Benefits of Earning a Degree in Business Administration

September 25, 2024

Choosing a school is difficult, but selecting a major can be even more challenging, since it will affect and determine many aspects of your life. To help your process, we at P.I.T. have prepared a range of facts about one of the most popular fields of study: business administration.

So, why should someone major in business administration? According to a ZipRecruiter study of over 5,000 college students, business is one of the least-regretted fields of study. Additionally, there are around 911,000 job openings in this sector every year.

But along with these impressive aspects, one of the biggest business degree benefits is that the degree and its field are incredibly versatile. Beyond this, business administration programs help develop valuable skills, provide opportunities for higher earning potential, create a foundation for advanced studies, offer many networking opportunities, and so much more.

Read on to learn key information on careers you can pursue, industries you can work in, and the overall benefits of a business degree.

What Can You Do with a Business Degree?

Business administration courses provide a comprehensive understanding of key business functions, including finance, marketing, human resources, and operations management, fostering a well-rounded perspective that is highly valued by employers.

There are a variety of paths that can be taken once you earn a degree in business administration, including:

• Marketing and sales – In these roles, you will research the market, advertise, engage in public relations, practice search engine optimization, strategize, and manage sales
• Finance and accounting – You’ll engage in financial analysis, investment banking, accounting, bookkeeping, auditing, financial planning, managing financial resources, and ensuring fiscal responsibility
• Human resources – Duties include overseeing recruitment, training, benefits administration, organizational development, handling concerns, and more
• Supply chain – Those in this field ensure effective communication between vendors, track packages, inform parties about supply disruptions, inform manufacturers about purchase order status, and send timely notifications about compliance and rate changes
• Entrepreneurship – If you have an idea for an innovative product or service, you can launch your career by putting your creativity to the test and becoming a business owner
• Consulting – Operatives in this role offer expertise to businesses seeking help with their organizations, strategies, and overall performance

Exploring Potential Careers

Benefits of a Degree in Business Administration

Students in business administration programs develop critical thinking, leadership, and communication skills, enabling them to navigate complex challenges effectively in their future roles. Therefore, the benefits of earning a degree in business administration are extensive, which include:

• Networking – One of the most exciting benefits of a business administration degree is that you have the opportunity to build a solid professional network both in and out of school. This makes it easier to learn from mentors, hear about the latest news in the field, and, of course, make connections for your career.
• Competitive earning potential – As of 2024, the median national income for business and financial occupations is approximately $79,000, as reported by the Bureau of Labor Statistics. This amount will of course vary based on your major, occupation, location, and other factors, with higher salaries attainable based on institution and role.
• Great postgraduate opportunities – Once you finish your program, one key business administration degree benefit is that there are always opportunities for furthering your education. You can go on to earn your MBA, CPA, CFA, doctoral degree, or other certifications, all of which can help you to advance.
• Job versatility – Core business practices affect every industry, so there is a vast array of opportunities for degree holders to explore. You can even mix business with another one of your passions. For example, if you are interested in the healthcare field but do not want to pursue nursing, you can find a marketing job in a doctor’s office or become an accountant for a hospital.
• Career flexibility – Business-related careers are ideal for anyone who wants to have a flexible schedule. One of the many business admin degree benefits is that you can find a remote job after graduation. This means that as long as you get your work completed, you do not need to commute to the office space your company provides. Sometimes, companies allow you to do this outside of the traditional 9-5 timeframe as well.
• Honing communication skills – A business degree sets you up for success by sharpening your communication skills. Experiences inside and outside of the classroom will help you to develop skills, especially via networking opportunities, group work, individual presentations, and so much more.
• Transferable skills – Within your program, you will develop skills in problem-solving, written communication, analysis, and more. Together, these skills will help you to perform more efficiently in a business-driven economy. As you can see, business admin degree benefits set you up for success in your career.
• Affordability – Not only can your business degree do great things for you financially in the long term, but when you choose P.I.T. for your education you also benefit from affordability, as our tuition rate is lower than competing institutions.

FAQs About Business Degree Benefits

How long does it take to earn this degree?

Earning a bachelor’s degree in business administration should take around four years, but this can be condensed or expanded based on the number of courses you take for credit each term. If you already earned credits at a different institution but are looking to continue your education, you will want to look for a transfer-friendly school.

An additional business administration degree benefit is the ability to choose an online program. Enrolling in an online program can be beneficial because it gives you more flexibility to fit classes into your schedule and more time to take care of other priorities outside of your schooling. Be sure to configure a schedule that makes sense for you and slow down or speed up the pace based on your availability.

Is a business administration degree worth it?

Wondering what the career potential is with a business administration degree is understandable. In short, employers seek complex problem solvers and professionals who have good communication skills, can adapt to different situations, are able to analyze information and make an informed decision, and, of course, show passion for business.

The benefit of earning a degree in business administration is that if you struggle with any of these soft skills, you will develop them in the classroom, at networking events, and so much more.

Major in Business Administration to Reap the Benefits of a Business Degree

If you are looking to gain the benefits of a business degree, start your journey at P.I.T. Our program provides learners with career-enhancing educations in a supportive environment led by the best professors. We are here to help with your personal growth and are happy to assist you as you prepare for a successful career made possible by the many business degree benefits.

Our program offers stackable certificates in supply chain operations and management, applied project management, digital marketing, innovation and entrepreneurship, and healthcare administration, giving you diverse career opportunities.

We also aid our students through:

• Support – We give students the best possible experience in our classes by helping them every step of the way. From ensuring they understand the foundational business concepts to supplying career help, we are here to ensure our students succeed.
• Accessibility – Regardless of where you are located, you can take courses at P.I.T. via our online learning options. Our online classes allow you to work from any destination as you earn your degree.
• Flexibility – With a flexible schedule, you will be able to complete your coursework whenever it is convenient for you. This encourages balance between your personal life and schooling.

Apply to Our Program!

Ready to get started? Be sure to request information from our team or apply to our program today to pursue your business degree!