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July 1, 2013 / NextStepU

Major Monday — Business Administration and Management

iStock_000018103886MediumDo you enjoy leadership roles? Are you interested in working in the business world? Do you see yourself managing and guiding large groups of people? If so, you should consider business administration and management as a possible major in college! Business administration and management majors organize, plan and direct a given organization’s actions.

Education
According to the College Board, business administration and management is offered at both the associate’s and bachelor’s level. In order to prepare for this type of major, you should consider taking courses like speech, computer applications and accounting in high school. Some typical college classes for business administration and management majors include operations management, business ethics and law, economics and marketing.

What to know before you apply
Before picking a college, it is important to know whether there is a special type of admissions process for business administration and management majors. It is important to know upfront whether being accepted to the college is the same as being accepted to the program. Also, you should research whether the program requires a business internship, which is a great opportunity for work experience. Finally, you should know whether your professors have worked in the business world themselves, since their experience could be helpful to you in the future.

Salary
A degree in business administration and management can help you prepare for careers including financial managers, education administrators and human resource managers. According to the U.S. Bureau of Labor Statistics, financial managers earned an average yearly salary of $120,450 in 2011, while education administrators earned between $51,290 and $97,170, depending on their specialty. Human resource managers earned an average yearly salary of $108,600 in 2011.

For more information about choosing a career check out NextStepU.com/Careers.

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