What are the Benefits of a Business Administration Degree?

The world of business is continually changing as a more skilled workforce steps onto the playing field. For today’s business leaders to consider you for any top position, you must have the desired education, credentials and skills under your belt.

Now more than ever, choosing a degree in a field with career potential and versatility should be at the top of every student’s list. Pursuing a degree in Business Administration at Florida National University (FNU) might be what you need in today’s fast-paced economy.

You may have found yourself here since your entrepreneurial mind, passion for leadership and management and your desire to advance your career drives you toward a career in business administration. But what are the benefits and disadvantages of pursuing a degree in business administration? Here are the pros and cons of studying business administration:

Benefits of Studying Business Administration

Benefit #1: Skill Development

A business administration degree is one of the most versatile paths you could take as a college student. Why?

Because of the essential groundwork and focus on the fundamentals in its curriculum, studying business administration offers students a well-rounded perspective of how businesses work. During the program, students get a view of the significant aspects that run a business such as:

Finance
Marketing
Accounting
Advertising
Management
Strategic planning

The knowledge accumulated from these programs make students very marketable in the workforce.

Benefit #2: Job Versatility

Many people studying business administration do so because they can switch into different industries without changing career paths. The wide range of skills learned in business administration courses can apply to many career opportunities upon completion.

Students who study business administration have a chance at jobs in accounting, human resources, customer care, marketing and sales management. Even for seasoned business employees, a business administration degree can help in your career progression.

Benefit #3: Career Progression

A business administration degree equips students with the secondary skills required for promotions when they become available.

Business administration courses give a better understanding of how a business works and all the fundamentals of running a successful business. This makes your resume more presentable, and allows you to potentially advance in the future.

Benefit #4: Provides a Competitive Edge

Students studying business administration can have a competitive edge over students who lack a college degree. A business administration degree is a unique way to stand out from your competitors in the job market.

Studying business administration equips you with specific skills including:

Strategic thinking
Communication
Problem-solving
Decision making
Leadership
Delegation
Organization

These additional skills could make a difference for potential employers in the future.

Benefit #5: Develop Personal Relationships

One of the most overlooked benefits of studying business administration is the quality of connections you can create with your peers. In today’s business world, sometimes it’s not about what you know, but about who you know. Professional relationships have become the new cornerstones of business success.

Business administration can be a gateway to valuable connections that you may need in the future. When studying, there are multiple avenues of connecting with your peers, professors and even guest speakers. These professional connections put our students at a more significant benefit when networking.

Benefit #6: Learn Skills to Start a Business

Not all students who study business administration are seeking employment in an existing organization. A significant number of people pursuing this degree do so because they are aspiring entrepreneurs. Our courses can help our students learn the necessary skills and knowledge to start and run a successful business.

Because of their thorough studies, our students can solve real-life problems based on the experiences of other businesses.

But that is just one side of the coin. Business administration, like all good things, has its downfalls. Here are the only ones we could find:

Cons of Studying Business Administration

Cost

Pursuing a business administration degree can require a considerable financial commitment. Tuition fees in many universities might be a costly endeavor for students planning to finance themselves.

However, with access to bursaries, scholarship programs and tuition incentives, it can be easier to study hustle-free as a student. Contact FNU’s admissions and financial aid for more information on financing your college career.

Time Commitment

Studying for a Bachelor of Science in Business Administration can take up to four years. Taking the course as a part-time student can even take longer. This is a considerable amount of time.

Before you decide to start, you should consider the impact it will have on your life and finances. Pursuing a degree in business administration requires high levels of dedication and commitment.

Do the Benefits Outweigh the Cons?

Pursing a business administration degree may not be easy or cheap, but it can pay off in the future. This degree is extremely versatile and can set you on the career path you want. So, do the pros outweigh the cons? That’s for you to decide.

Ready to Take the Next Step with a Business Administration Degree?

At FNU, we believe that a business administration degree can prepare our students for today’s business world. We are dedicated to offering you a comprehensive guide throughout your course for a smooth transition from a student to a working professional.

Florida National University offers the following Business Administration degree programs on campus and online: