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Business Administration

Career in Business Administration

Business administration is prominently known for instilling professional business skills. It is one of the most sought after careers in India. Business administration is the process that makes students or candidates learn all about managing business functions such as finance, management, marketing, services etc. It can be defined as the process of managing and supervising the business and related operations of a company or organisation. Business Administration has become prominent with the rapid growth of industrialisation which made the industries think of a scientific approach towards business to attain stability, growth and profitability.

In Business administration one can go for specialized fields like HR, Marketing, finance, operations and these are the most paid professions of this era. This is a target and achievement based profession which will offers you unlimited career opportunities, a promising place to get rewards in form of good status, Scope & remuneration

Key to Success

To be successful in Business Administration you should have/ develop:

Ability to motivate and work as part of a team
Ability to understand and solve problems
Quick thinking and the ability to come up with new ideas

Scope and Opportunities

The career growth for those with an MBA degree from one of the prominent institutes of the country is sky high. Business managers are required in almost every sphere of business. So changing jobs is also not much of a problem as those with an MBA degree from reputed institutes do not find it difficult to find employment. Therefore, one can even change the kind of company one is working for mid way through one's career. However, establishing oneself in one company by working for a considerable number of years adds a lot to one's resume. Then, one may find it easier to migrate to some other kind of company if wishes to.

Lifestyle & Social Status

Business managers have to work very hard and put in long hours at the office.
It is not as if business managers are paid fat salaries for doing little work. Business managers have to put their life into their work to make their company grow with good pace.
It is very distinguished profile unlike government jobs.

Career Path

Job Profile

A Marketing manager is one who takes the entire responsibility of marketing techniques such as advertising, distributing and selling of a product to the clients properly. He should understand the four Ps well that are: product, price, placement or distribution, and promotion or publicity.
A Financial manager - responsible for managing the capital (finance) of the organization. S/He should be very clear with the budgeting of the organization.
A Human Resource Manager: Manpower, recruitment, performance appraisal training, induction and employee benefit administration are some of the major responsibilities of a Human Resource Manager of an organization.
An Operations Manager: Taking care of Goods and service resources. There are some major specializations like Information Technology, Hospitality, Tourism and Pharma Management in operations

What are the key skills required for Business Administration

Skill Sets

Good communication skills
Analytical skills
Leadership potentials
Presentation skills

Work Value

Hard Work
Team Spirit
Achievement
Result oriented

What are the career opportunities in Business Administration

Current Job Scenario

Starting salary and perquisites vary depending on the size and prestige of the recruiting organization, the candidate's qualification and the institute of training. Starting salary for a fresh BBA degree holder can be between Rs. 8,000 to 10,000/- per month and can expect a salary of Rs. 15,000 to 25,000/- per month salary progression according to your performance.

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