Studying a business administration degree abroad

The field of business administration is concerned with the inner workings of a company and how businesses are best organized to maximize the profits of the company for future growth. It includes managing people and resources effectively in order to reach common goals and objectives.

Studying a business administration degree abroad will equip students with a wide range of business-related skills and knowledge. Areas that come under business administration and that will likely be included in a business administration degree include:

• Business planning
• Business law
• Human resource management
• Logistics
• Marketing
• Finance and accounting
• Information systems
• Management and leadership

An undergraduate business administration degree is the perfect prerequisite for a Master of Business Administration (MBA) degree. It allows students to gain experience in a broad range of topics before deciding if they would like to specialize in a particular area of business.

What are the prerequisites of a business administration degree?

While entry requirements will differ depending on the university and the type of program you are wanting to study, some may require applicants to hold experience (and potentially high school credits) in subjects such as calculus, economics, finance and social science. Any experience with marketing, law, IT or leadership will also be highly beneficial to include as part of your application.

Careers in business administration - what can I do with my degree?

Upon completion of a business administration degree, you can choose to continue your studies within a specialized area, or perhaps enter into a business or consulting career right away. Another popular option is to gain business administration work experience for a few years and then return to academia with a Master in Business Administration (MBA) degree.

Common career paths for business administration graduates include:

• Business administrator
• Office manager
• Bookkeeper
• Human resource manager
• Operations manager

According to PayScale.com, a business administrator in the U.S. can expect the following salaries (based on years experience):

0 - 5 years:

USD $42,000

5 - 10 years:

USD $50,000

10 - 20 years:

USD $52,000

20+ years:

USD $54,000

Or take a look at programs in these other related areas:

• Entrepreneurship
• Finance
• Human Resources
• International Business
• Management
• Marketing