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What is Business Administration?
Business administration is a broad term that can cover many different areas of expertise. When looking for a business administration degree program, it’s important to first decide what area of business you would like to specialize in. There are many different colleges and universities that offer degrees in business administration, so you should do your research and find the program that fits your needs. There are also many different degree levels available, from associate degrees to doctorates.
In the state of New Jersey, there are several universities that offer business administration degree programs. The programs typically require around four years of full-time study to complete if you earn a bachelor’s and consist of a blend of general education courses, business courses, and electives. In addition to on-campus programs, many universities also offer online business administration degree programs.
The curriculum for a business administration degree program can vary from school to school, but most programs will cover topics like accounting, marketing, management, and human resources. Students who graduate with a business administration degree can be prepared for careers in a variety of industries including banking, marketing, accounting, and retail. They may also find work as managers or executives in companies of all sizes.
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Business Administration Education in New Jersey
A business administration professional will often oversee all aspects of a company's administration including finance, human resources, and marketing. They typically work in a corporate setting and may be responsible for directing the work of other administrators.
Managers of business administration must have a deep understanding of business concepts and be adept at making sound decisions based on data analysis. They must also be good leaders and communicators, capable of motivating their teams and keeping them on track.
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It's important that business administration managers are detail-oriented, creative, and able to make decisions quickly. In addition, they must be able to work with a wide range of people and be sensitive to their clients' or customer’s needs.
Associate Degree in Business Administration (AS)
An online associate degree in business administration can be a great way to get started in your business career. The program will give you a strong foundation in the basics of business, from accounting and marketing to management or entrepreneurship. You'll also learn important skills in communication, problem-solving, and critical thinking.
Additionally, an online associate degree in business administration can also prepare you to continue your education and pursue a bachelor’s or even a master’s degree in business, business administration, or a specific field, such as human resources or marketing.
Bachelor's Degree in Business Administration (BS)
An online bachelor's degree in business administration can prepare you for a variety of entry-level positions and career paths. This is the most common degree required for these entry-level roles, and so can serve you better than an associate degree in many situations. You can specialize in a particular field of interest, such as finance or healthcare, and this degree will help you develop key skills needed for a management position. It’s also possible to choose a concentration, such as accounting or marketing, based on your interests and future goals.
Depending on the institution, the duration of an on-campus or online bachelor's degree in business administration program varies. Most online programs are 120-124 credits, or 180 credits for a quarter-based program. It can take approximately four years to complete one of these programs unless you make an effort to find an accelerated program that is designed to help you graduate more quickly. Alternatively, you can complete your degree faster by transferring up to seventy-five credits from another institution. This might be a good reason to start with an associate degree. With those credits, you could more easily find a job or internship while you quickly complete a bachelor’s degree. After all, if all your credits transfer, you could have as little as 60 credits left to complete.
Master's Degree in Business Administration (MS or MC)
Earning a master’s of business administration (MBA) can open up many career options, increase your salary potential, or help you switch industries. An MBA is a highly versatile degree that enhances existing business skills while preparing students for the challenges of working at high levels within a company. Students may choose to specialize in a particular area within business such as finance, accounting, or management, or pursue a general MBA. Online MBA programs are available as well and can be more convenient as traditional campus-based programs.
These programs offer the same curriculum and quality as a traditional on-campus programs, but with the added flexibility of taking classes at your convenience. There are many accredited online MBA programs to choose from, so it’s important to do your research to find the right one for you. Consider factors such as program length, cost, and location. Once you have chosen an online MBA program, be sure to complete the application process quickly and submit all required materials. You will then be ready to begin your coursework and advance your career.
PhD Degree in Business Administration (PhD)
Obtaining a PhD in business administration can provide you with the knowledge and skills necessary to lead organizations and advance your career. These programs can help professionals develop an understanding of in-depth business theory and how it can be applied to various real-world scenarios. Additionally, you will gain experience in research and, often, teaching, so you will be prepared for a move to academia if that is what you have in mind.
The number of people earning their PhD in business administration online has increased in recent years. This is because online PhD programs offer a number of advantages over traditional, on-campus programs. For one, students can often complete their coursework at their own pace, which is ideal for working professionals. Additionally, online programs are often less expensive than traditional programs. However, you should be aware before you start looking for one of these programs, that nearly all PhD programs require some in-person time, whether that is a meeting with your mentor or a visit to campus for a week-long seminar experience or something else. You should ensure that you know all the requirements before signing up for any program.
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Become a Business Administrator in New Jersey
If you're looking for a career that will allow you to manage and oversee the day-to-day operations of a business, then a career in business administration may be right for you. In order to become a business administrator in New Jersey, there are certain steps that you'll need to take.
- Step 1: Earn a bachelor’s degree in business administration or a related field.
A business administration degree can lead to a variety of careers in the business world. The degree can be earned at a number of different schools, including online universities. A business administration degree provides students with the skills and knowledge necessary to work in a number of different positions in the business world including management, marketing, accounting, and much more. - Step 2: Gain experience in the business world by working in various roles within different companies.
This can give you a better understanding of how businesses operate and the different functions that are required for success. It will also allow you to develop skills that can be used in a variety of industries. However, you should make sure that this is a feasible way to get to the career you desire by discussing with a mentor, and you should never switch companies on a whim. All moves should be well thought out to provide some long-term benefit for your career, or you might just look fickle. - Step 3: Pursue a master’s degree in business administration or another related field.
A master's degree in business administration or another related field can give you the skills and knowledge you need to pursue a higher-level career in business administration. A graduate degree can also open up opportunities for advancement and leadership roles within a company. - Step 4: Gaining certification in business administration
When it comes to business administration, certification can be a great way to set you apart from the competition. Obtaining certification can demonstrate that you have the necessary skills and knowledge to handle the administrative duties of a business. There are many different types of certification programs available, so it’s important to find one that fits your needs and interests. Certification can also lead to career advancement opportunities and may increase your earning potential.
What Can I Do with a Bachelor's in Business Administration?
A business administration degree can lead to a variety of careers in the business world. Some graduates may even choose to start their own businesses as these degrees can certainly provide students with the skills needed to manage and operate a company. Graduates with this degree can also work in financial planning or consulting. Really, the sky is the limit.
The skills learned in a business administration program can be applied in many different fields. The versatile nature of this degree can make it an excellent choice for those looking for a career change or those who are not sure what they want to do with their lives.
Careers for Business Administration Graduates
Salaries are from the U.S. Bureau of Labor Statistics (BLS) for both national and New Jersey salaries.
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Branch Manager, Banking
Job Description: A branch manager at a bank is responsible for the overall management and operation of the branch where they work. This includes supervising staff, approving loans, managing budgets, and ensuring compliance with banking regulations
Requirements:
- A bachelor's degree in business or a related field
- At least five years of experience in a supervisory role in a bank or financial institution
- Strong leadership and interpersonal skills
Salary:
- The median annual wage for financial managers in the US in 2021 was $131,710
- The mean annual wage for financial managers in New Jersey is $186,890
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Team Supervisor, Call Center
Job Description: A team supervisor working at a call center is responsible for managing a small group working within the call center; not for the whole location, just for their own team, whether they answer customer complaints or make calls for the purposes of making sales. They supervise their team, monitor call volume, and ensure that customer inquiries are handled in a timely and professional manner.
Requirements:
- 2+ years of supervisory experience in a call center environment
- Strong written and verbal communication skills
- Excellent customer service skills
Salary:
- The median annual wage for customer service representatives in the US in 2021 was $36,920
- The mean annual wage for customer service representatives in New Jersey is $43,170
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Accounting Associate
Job Description: An accounting associate will be responsible for performing various accounting and bookkeeping tasks. These tasks may include maintaining financial records, preparing financial reports, and assisting with auditing and tax preparation. An associate may also be responsible for assisting with accounts payable and receivable, as well as managing payroll software in smaller businesses.
Requirements:
- A bachelor’s degree in accounting or a related field
- Experience in accounting and bookkeeping
- Proficiency in accounting software programs
- Strong analytical and problem-solving skills
Salary:
- The median annual wage for Bookkeeping, Accounting, and Auditing Clerks was $45,560 in the US in 2021.
- The mean annual wage for Bookkeeping, Accounting, and Auditing Clerks in New Jersey is $49,290
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Digital Marketing Manager/Director
Job Description: A digital marketing manager is responsible for developing, implementing, and managing marketing campaigns that promote a company's products and services through the digital medium. They work with various departments within the company to ensure that all marketing goals are met. They are also responsible for tracking and analyzing campaign results to identify areas of improvement.
Salary:
- The median annual wage for marketing managers in 2021 in the US was $133,3800
- The mean annual wage for marketing managers New Jersey is $179,320
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Product Manager
Job Description: A product manager is responsible for the development and management of products throughout the product life cycle. This includes managing product requirements, developing product roadmaps, and working with cross-functional teams to bring products to market. They must have a strong understanding of the market, the competition, and customer needs in order to be successful.
Requirements:
- Bachelor’s degree in business, marketing, or a related field
- 3-5 years of experience in product management or a related field
- Strong project management and organizational skills
Salary:
- The median annual wage for industrial production managers in the US in 2021 was $103,150
- The mean annual wage for industrial production managers in New Jersey is $146,000
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Non-Profit Director
Job Description:A non-profit director is responsible for the overall operation and management of an organization that is listed as a non-profit. They develop and implement strategies and programs to meet the organization's goals and objectives. They may also work to raise funds (or oversee a fundraising team) and build relationships with donors and other stakeholders.
Requirements:
- Bachelor's degree in business, nonprofit management, or related field
- 5+ years of experience in nonprofit management or related field
- Strong leadership and organizational skills
- Excellent communication and interpersonal skills
Salary:There are no numbers from the BLS on the pay rate of non-profit directors. However, some sources claim that non-profit directors make anywhere between $15,000 to $400,000. So, your likely income is based on the size of the company you work for and their success in their field.
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Public Services/Works Director
Job Description: A public services works director is responsible for the day-to-day operations and various administrative and managerial duties in a public works department within a state or federal government. This includes managing a team of employees, overseeing the departmental budget, and coordinating with other city departments.
Requirements:
- Bachelor’s degree in public administration or related field
- 5 years of experience in public works or related field
- Supervisory experience
Salary:
- The median annual wage for social and community service managers was $74,000 in the US in 2021.
- The median annual wage for social and community service managers in New Jersey is $92,230