A business administration degree focuses on business management and prepares people to work in the world of commerce. Generally, business administration coursework includes the principles and application of economics, marketing and planning. The most common diploma in this field is the master’s of business administration (MBA).
A business administration degree prepares you for work in such fields as banking, finance, health care, insurance, real estate, retail business and technology. You could become an accountant, administrative executive, banker, consultant, executive director, project manager, retail manager or strategic planner.
If you do not currently have a college degree, you should consider your career goals before choosing the type of business administration degree to pursue. For entry-level positions or jobs in smaller companies, an associate’s degree may be all you need. If you already have a degree, you may be able to pursue an MBA. Most MBA programs require you to take and pass the Graduate Management Admission Test (GMAT) to be admitted.
While keeping a job in a down market may be easier for business administration graduates, finding a job may be harder in the currently overcrowded field. According to the U.S. Bureau of Labor Statistics, business administration graduates can expect keen competition for top-level positions, while entry-level jobs will see fewer applicants.