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Top 5 Business Administration Careers | Everglades University Everglades University

careers in business administration

The world is your oyster with a business administration degree. No matter your interests, whether they are finance, animals, clothing, or cars, the world needs professionals who know how to successfully run a business.

Choosing a business administration career opens so many doors to a wide range of opportunities and businesses. You can learn the general knowledge regarding how to keep a company’s doors open and tailor your degree to the business sector that excites you. Learn more about these top careers in business administration that you can secure with a degree from Everglades University.

Become a Business Manager

business manager career

Becoming a manager means that you help lead a team of others working towards the same goal. A business administration degree gives you the knowledge and education to successfully manage a group of co-workers. Business managers should be great communicators and enjoy working with a wide variety of people. Most successful business managers are extroverted and love interacting with others.

1. Sales Manager

If you love making a sale and get excited about record sales numbers, becoming a sales manager may be the perfect fit for you.

Duties of a Sales Manager

No matter what size of the company you choose, every business needs to have strong sales to stay in business. Sales managers help lead the sales team of a company by setting goals, monitoring sales progress, and projecting for the future. 

Expected Salary and Sector Growth

The overall projected growth for sales managers is 5% from 2014-2024, meaning that it is in less demand than other business administration careers. However, becoming a sales manager is still very lucrative, with the average salary being right around $124,000 per year.

Educational Requirements

Sales Managers should have a degree in Business Administration. Some employers will also employ sales managers with degrees in Statistics. Higher education is an option for sales managers but usually isn’t required for a long career.

2. Marketing Manager

If you enjoy a mix of business and psychology, a career as a marketing manager may be a good fit for you. Advertising and marketing are part of the classwork that you will learn with a business degree from Everglades University. 

Duties of a Marketing Manager

Telling consumers about your product is a huge part of a business administration career. Marketing managers put their marketing classes from Everglades University to good use by being able to understand the logic and thought process of consumers. Many business administration students enjoy learning about psychology that plays a significant role in business marketing.

Marketing managers set marketing goals, organize a marketing strategy, and monitor the progress of the marketing plan. They also help to negotiate contracts with multiple vendors and help launch new ideas and products. 

Expected Salary and Sector Growth

It is estimated that the need for more marketing managers will skyrocket up to 8% through 2024. The average salary for a marketing manager is around $132,000, with top earners bringing in well over the $200,000 mark. 

Educational Requirements

Most employers require that a marketing manager has at least a degree in Business Administration or Marketing. Some may want you to continue your education to earn a Master’s degree in Marketing if you find that this job is a good fit.

3. Financial Manager

Many graduates with a Business Administration degree choose to work towards becoming a financial manager. With a sizable average salary, financial managers have a secure economic outlook.

Duties of a Financial Manager

Accounting knowledge is a vital part of a career as a financial manager. This position focuses on market trends, financial details, and all things finances for the company. Financial managers often oversee a team of financial analysts and employees as well.

Expected Salary and Sector Growth

The average salary for a financial manager is $127,000 per year. Top earners in this field can earn substantially more, up towards the $200,000 per year range. Higher education will also help boost overall salary. The need for financial managers is projected to grow an average of 16% through 2024, which is significantly more than the national average.

Educational Requirements

Earning a Business Administration degree is the minimum requirement to become a financial manager. Many employers will want to see a focus on accounting and may even require a Master’s Degree in Accounting. 

Become an Analyst

financial analyst

While most Business majors are outgoing, there are lucrative careers for those who are a bit more introverted. Businesses can’t function and grow without the overarching review of finances. Becoming an analyst helps keep companies growing and can be the perfect fit for many graduates.

4. Financial Analyst

Enjoy learning about market trends? Everglades University graduates with a degree in Business Administration can enjoy a long career as a financial analyst. 

Duties of a Financial Analyst

Financial Analysts focus on the overall finances of the company and dive deep into what the numbers mean. They spot trends in the business sector and analyze the data from financial investments to grow the company overall. Financial analysts use ratios and metrics to gauge companies and industries. They love numbers and finding the relationship between different sets of data to provide financial recommendations.

Expected Salary and Sales Growth

The average salary for Financial Analysts is around $85,000 per year. Top earners can earn much more at well over the $150,000 per year mark. The need for financial analysts should grow up to 6% through 2026.

Educational Requirements

Most employers hire graduates with a degree in Finance or Business Administration for financial analyst positions. Specializing in finance, or earning a minor in finance, can also be beneficial. Some employers may require a Master’s Degree in Finance as well.

5. Accountant

Choosing to become an accountant with a Business Administration degree is an excellent option for those graduates who love working with numbers, finding budgetary errors, and saving for the future.

Duties of an Accountant

Ledgers, budgets, and numbers are all aspects of a career as an accountant. Not only do accountants help find the money to finance the grand ideas of other Business Administration majors within the company, but they also help keep the company in line. A large part of the duties as an accountant is to make sure that the company follows all laws and regulations. Accountants provide financial information to co-workers and leadership to help move the company forward.

Expected Salary and Sales Growth

Most accountants can earn an average salary of around $70,000 per year. Accountants are needed in a wide range of businesses and could make more or less depending on the size of the company. Top earners in this field earn more than $120,000 per year. The need for accountants should grow up to 6% by 2026, which is slightly less than the national average.

Educational Requirements

Many accountants have a degree in Accounting or Business Administration. Graduates with a degree in Business Administration may also choose to complete voluntary accounting certification to show potential employers. For those accountants who file with the Securities and Exchange Commission (SEC), a Certified Public Accountant license is required. 

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There are plenty of reasons and options to earn a Business Administration degree from Everglades University. Graduates of all personality types and specialties should have multiple career opportunities after graduation. Consider earning your Business Administration degree either on campus or earn your degree online with Everglades University for a secure and exciting career.

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