What is Business Administration?
Despite being the fourth least populous state, there are still a number of industries in which a business administration graduate could find employment in North Dakota. Some of the most profitable of these include mining, quarrying, and oil and gas extraction; real estate, rental, and leasing; wholesale trade; educational services, healthcare, and social assistance; manufacturing; professional and business services; agriculture, forestry, fishing, and hunting; construction, retail trade, and transportation and warehousing. Within any one of these industries, a new or experienced business administrator should be able to find a leadership position, given that they earn the right education and are able to obtain experience in the field.
The oil and gas industry earned $40.2 billion in North Dakota in 2019 - this supported more than 59,100 jobs in that year. Aside from what this industry added to the gross state product (GSP), oil and gas company employees spend their paychecks both locally and state-wide, adding to the overall economic well-being of the state. Future business students who are looking to enroll in a college of business and economics at their university or college may be happy to discover that there is so much variety in employment options throughout the state. Undergraduate business students anticipating graduation or looking for internships will find that their options are wide open.
A business administrator may also be called by other titles: business directors or business operations managers. Whatever their title may be, a business administrator is usually responsible for much of an organization’s operations.
They may communicate with partners, supervise daily operations, and focus on employee and organizational performance. They may also work on contracts and review financial data — all of this will be covered by your business administration degree, though there will be differences in your day-to-day responsibilities which will depend on the size of the organization you work for, your exact job title, and more. Some very large organizations have a complex leadership structure, and you may only oversee part of a department. Smaller companies usually have less structure and require their administrators to wear multiple hats. In a smaller company, you are likely to be in charge of whole departments or even the whole office.
A business administrator should have top-notch leadership skills and be skilled in analyzing data. They also need excellent interpersonal skills and be able to thrive under pressure.