Summary: Anyone who seeks a Bachelor in Business Administration can rightfully rejoice. Consumer confidence is up, and people are buying back into the U.S. economy.
A Bachelor in Business Administration Often Leads to Faster Promotions
Anyone who seeks a Bachelor in Business Administration can rightfully rejoice— consumer confidence is up (http://www.google.com/hostednews/ap/article/ALeqM5gNiyJ905Ho0Ur96V2TQhsBX19lGwD9FBGUN80), and people are finally buying back into the U.S. economy. As companies begin to see their budgets swell back to a healthy size, they will seek out sound business minds to help them decide how to prepare for the economic upswing. Competition in the job market will be intense, but armed with a recent education, professionals can better prepare themselves to jockey for positions.
Creative businesspeople are more of an asset than ever in nearly every industry. Earning a business bachelor like the BS in Business Management from Marylhurst University will prove extraordinarily meaningful to businesses seeking professionals who can adapt and change in the face of the current economy. To understand how a degree can boost your resume, consider some of the major issues businesses are confronting right now.
An Education in Today’s Business Needs
The days of every-man-for-himself business are long gone, as selfish decision-making and greed were major factors in many companies’ demises over the past three years. Degree programs have responded to the needs of industries that are looking for moral business administrators who are looking out for the overall good and sustainability of companies. Ethics has become a major focus for universities, and whether they’ve implemented new core classes or added ethics components to established core classes, having this renewed outlook on the business world prepares future business leaders to interact with and handle this delicate societal issue.
Additionally, a professional studying in a revamped business bachelor program is likely to gain more education on green business practices that will help businesses to reduce costs by reducing waste. But these are just two facets of the changing world of business that also includes a demand for new business models and strategies that will find new ways for companies to expand and profit in order to guarantee success in the market. When enrolling in a degree program, professionals are not signing on to learn the old, established way of business but instead being motivated to consider new ways of doing business that will ultimately make them more appealing in the job market where fresh outlooks are in the highest demand. (http://www.usnews.com/money/careers/articles/2010/04/16/business-schools-great-ethics-debate.html)
Benefits of a Bachelor in Business Administration
Many entry-level positions don’t require a degree, but a degree is often essential to move quickly up the corporate ladder. One of the fastest-growing jobs in today’s market is financial adviser, with prospects expected to increase by 30 percent over the next 10 years. Close behind in high demand are meeting planners, which are expected to see a 16 percent spurt in the market, so it’s becoming clear that business administrators will be seeing open doors for years to come (http://www.usnews.com/money/careers/slideshows/job-outlook-for-best-careers-2010/7). The question is: how promotable is a professional who doesn’t have a degree?
Without a Bachelor in Business Administration, a professional who seeks to work in large companies or organizations simply cannot expect to rise up (http://www.usnews.com/money/careers/slideshows/job-outlook-for-best-careers-2010/7). The complexity of upper-level positions, such as contract, insurance, regulatory compliance, human resources, accounting, finance, and more, rely on the training provided by business bachelor programs. With these positions comes the possibility of further advancement, as well as salary increases.
The lowest 10 percent of administrative service managers earns an average salary of $37,430. On average, professionals in this occupation can expect to earn $73,520. Here are some other salaries:
Management of companies and enterprises: $85,980
General medical and surgical hospitals: $77,870
Local government: $74,860
Colleges and universities: $72,460
State government: $65,690
The highest 10 percent of business administrators earns more than $129,770. To reach the highest level of pay, professionals rely on the leverage that a Bachelor in Business Administration can offer.
Typically, earning a business bachelor degree takes four years. But with advancements in technology offered by online program, professionals have an accelerated alternative which allows them to continue their current work and advance their career and education simultaneously. The Bachelor of Science in Business Management offered by Marylhurst is a 24-month program with a clear focus on trends in today’s business world.
When considering a Bachelor in Business Administration, professionals should consider the many advantages of education in terms of earning higher salaries in current positions but also in opening more doors to faster promotions.