Business Administration Outlook
A business administration degree is the most helpful towards building a career. Professionals from any walk of life, with any educational background would do very well indeed by learning management techniques, theory and application, to be able to advance in their workplaces and their respective industries; business management is part of any operation or field of work in the world. It is reported that despite the economic downturn, jobs available in business administrative services are set to increase by between 10 and 17 percent over the nest 3-5 years (i).
A business administration career is highly sought after as the need for maintaining efficient and cost effective business operations is now greater than ever all over the world, and there is an ever increasing need for dedicated and intelligent professionals to not only run business processes effectively, but to also improve process and make them more cost effective and provide better results as a whole.
Online Business Administration Study
Globalization and the global recession in recent years have combined in their effects to cause a major upsurge in online education enrollments. With the economic situation making traditional education unreachable to most students at this point in time, enrolling online is not only economically viable, but would allow students to carry on with their present careers or jobs and be able to work for the certificate or degree from their own homes.
Perhaps the most effective online BBA and online MBA degrees are to be found in the North Americas, with the USA leading the way in MBA and research based business education. Indeed it was in the US that the MBA took the form it has today everywhere in the world; the scientific approach to management having been initiated in American universities. This has transmitted to online education, with online business administration programs now providing, in many cases, better results in terms of grades and learning. One of the major factors effecting this improvement is that fact that most students can learn coursework from home and be able to apply or observe the theory in practice at their own workplaces, thereby gaining a valuable insight.
An accredited online business administration degree is almost always considered identical to a traditional campus based degree. The coursework is theory based with required reading and lecture (slides and/ or videos and recorded audio- all over a cable/DSL connection) but requires little or no physical participation in many cases; this makes an online degree education easier to administer and easier for working students to manage. The opportunity cost of the education (the time lost that could have been put to use to make money or living a social life) is greatly reduced in this way, and as mentioned before, allows the student to look for the application of business management techniques in the modern work environment at the same time.
(i) – United States Department of Labor: Bureau of Labor Statistics