Quick Answer: What is a business administrator salary?

How much money does a business administrator make?

What Is The Average Business Administrator Salary? The average business administrator salary is $71,686 per year, or $34.46 per hour, in the United States. Those in the lower 10%, such as entry-level positions, only make about $47,000 a year.

What does a business administrator do?

Business administrators and managers help organizations run efficiently and meet their short- and long-term goals. These professionals also direct the activities of lower-level employees by communicating regularly about their progress and adherence to company regulations.

Does business administration pay well?

To start in this career, one of the best business majors you can have is business administration, although there are health administration and other degrees that are also effective. The pay for this career is substantial, and the top 10% can earn roughly $172,000 in a year. The job outlook is also one of the highest.

Is business administration a good career?

Yes, business administration is a good major because it dominates the list of most in-demand majors. Majoring in business administration may also prepare you for a wide-range of high-paying careers with above average growth prospects (U.S. Bureau of Labor Statistics).

What skills do you need to be a business administrator?

Business Administrator skills and qualifications

• Excellent communication skills, including writing, public speaking and interpersonal communication.
• Great analytical, critical thinking and problem-solving abilities.
• Strong time management and organizational skills.

Where can u work as a business administrator?

Business administrators are found in most industries, including retail, hospitality, finance, health care, logistics, supply chain management, marketing, sales, and information technology. As a business administrator, you can work in human resources, project management, accounting, or operations.

Does Business Administration require math?

However, specific business degrees can often require much more mathematics for completion than these basic requirements. … However, for most traditional business administration, accounting, human resource management and economics degrees, beginning calculus and statistics comprise the entirety of the math requirements.

What are the highest paying jobs in business administration?

The 15 highest-paying jobs for business majors

1. Chief investment officer (CIO)
2. Chief accounting officer (CAO) …
3. Partner, accounting firm. …
4. Tax director. …
5. Vice president (VP), finance. …
6. Director, financial planning and analysis. …
7. Internal audit director. …
8. Chief financial officer (CFO) …

Can a business degree make you rich?

This might go without saying, but a master’s degree in business administration is without a doubt the top paying degree, all around. An MBA can earn you a career at the management, director, and executive level, earning you a starting salary of $124,000.

What’s the highest paying business job?

Ranking the Highest Paying Jobs in Business

1. Entrepreneur. …
2. Chief Executive Officer. …
3. Marketing Managers. …
4. Personal Financial Advisors. …
5. Agents and Business Managers. …
6. Human Resources Managers.