Online Business Administration Education in Montana
Future business students who plan to earn a business administration degree will have access to a breadth of industries in the state after they graduate. These include real estate, rental, and leasing (annual revenue of $7.1 billion); professional and business services ($3.9 billion); manufacturing ($3.3 billion); and finance and insurance ($2.6 billion).
Montana’s livestock and agriculture industry is very important to the state but, as you can see, the state’s economy has diversified and spread out beyond agriculture as well. Between 2000 and 2015, healthcare and social assistance, food services, and real estate saw the biggest percentages of growth. In addition, Montana created more than 100,000 new jobs.
Montana is using its natural resources in other ways; its federal lands are marketed, which attracts tourists to sites such as Glacier National Park. And, while Montana has taken huge steps to diversify its economy and grow state revenue, this may not have happened without the educational power of its universities.
Universities and colleges in the state increase the annual wages of their graduates and those universities actively engaged in research help to contribute more insight to the state’s leaders. Taking one university in particular (University of Montana-Missoula), its interactions with state government may have contributed to adding close to 10,000 jobs. The interactions between the university and the state led to $1 billion in net income, another $200 million in state tax revenues, and $352 million in annual investment spending.
Business administration students should be able to tailor their business administration degree programs toward whatever businesses in the state may be looking for. For instance, they may work in manufacturing, real estate, government, distribution centers or transportation agencies, hospitals, banks, schools, or non-profit organizations.
Whether or not students gain a degree in business administration, general business, or another related field, they can choose to focus their career in real estate, marketing, direct sales, accounting, human resources, or any other business specialization through their coursework and experience. Once they graduate, they may work in a small business they built on their own or for a huge corporation.