Bachelor of Business Administration: your ticket to the boardroom

Do you dream of a career in the management of prestigious companies? The Bachelor in Business Administration will bring you a big step closer to this goal. On this page you will learn Everything you need to know about a Bachelor's degree in business administration.

Bachelor of Business Administration: compulsory exercise for career-conscious workers

The Bachelor of Business Administration is an academic degree that is a must for career-conscious employees. Once you have the degree in your pocket, there are Numerous possibilitiesYou can join a company straight away and climb the career ladder there or continue with a postgraduate course leading to a Master's in Finance or a Master's in Business Administration.

In both cases you have Excellent prospects for a lucrative positionAs a business graduate with a Bachelor's degree, you are virtually predestined for high-level jobs in commercial enterprises. If you have the necessary work ethic, you can go far even without a Master's degree. If you want to crown your academic career with a Master's or business degree, you still have the opportunity to do so later. Some companies even encourage such postgraduate courses because they prefer employees who already know the company and have gained their first merits there.

If you first obtain a Bachelor's degree in business administration and then a Master's degree in business administration, you can skip a few levels and start your career in an attractive position. Due to the higher qualification, you can outperform other applicants and has access to jobs that are denied to those with a Bachelor's degree in business administration. In any case, business administration master's graduates can expect a respectable starting salary. You can read more about this in the section "What Bachelor business graduates earn".

Bachelor of Business Administration graduates can be employed almost anywhere

During their studies, future business economists are trained in the basics of their discipline. They then learn everything that is important for the operation and market success of a company, from the rules of accounting to marketing strategies. Business economists have a Broad basic knowledge and are usually specialized in one field (e.g. digital business management). Specialists with a Bachelor's degree in Business Administration are therefore highly sought-after on the job market and can choose from a wide range of employment opportunities.

Studied business economists are in almost all types of companies to find. The spectrum of potential employers ranges from small start-ups to medium-sized companies and multinational corporations. Associations and public institutions are also potential employers. In addition to "traditional" areas of activity in the fields of human resources, marketing and controlling, holders of a Bachelor's degree in Business Administration also make up a considerable proportion of employees in fields such as supply chain management or innovation management.

Business administration graduates should have these additional qualifications

In addition to their Bachelor's degree in business administration, specialists applying for a position in a prestigious company should, if possible, have further qualifications. One important point is good knowledge of English. Proof of knowledge of business English can further increase the prospect of a lucrative job. If you master a additional foreign language (e.g. Arabic, Chinese, Japanese or Russian), you can clearly set yourself apart from the competition. A stay abroad also has a positive effect on career prospects. Of course, internationality is no longer a guarantee of a fast-track career: flexibility is a prerequisite, especially when filling management positions.

What Bachelor business graduates earn

Although obtaining a Bachelor's degree in business administration does not guarantee a high income, it does increase the prospects of finding a financially interesting job. The latest figures show that the average starting salaries for business administration bachelor graduates are between 35,000 and 40,000 euros lie. After 5 years, the average income rises to over 60,000 euros. Further increases are the rule when taking on management positions later on, so that a six-figure annual salary is certainly within the realm of possibility.

Employees who work in medium-sized and large companies earn significantly more than employees of small companies. Nevertheless, positions in smaller companies can be very interesting - not least because of the short decision-making processes and the flat hierarchies. The familiar working environment is another reason why many Bachelor's business graduates choose to start their career in a small company. When it comes to promotion opportunities, however, such employers are second choice: if you are not careful, you will find yourself in a "dead end" job at some point. That's why it's important to move around professionally and not stay in one place for too long.

The choice of sector is also an important salary factor. While salaries in the tourism and retail sectors tend to be average, the financial services sector stands out with comparatively high salaries. high wages stand out. Salary prospects at banks and investment companies can be described as excellent despite the recent financial crisis and the associated staff cuts. Companies in the chemical and pharmaceutical industries are also well positioned due to their high profit margins. Attractive employers. Significantly less is paid in the areas of marketing, PR and internal company organization: Bachelor business graduates earn between 32,000 and 39,000 euros per year.

In addition, the Choice of educational institution Influence on the salary structure. Graduates from universities and correspondence colleges earn more on average than women and men who have obtained their Bachelor's degree in business administration at a university of applied sciences or vocational academy. In some sectors, completed vocational training (e.g. as a bank clerk) can also have a positive effect. Those with such a background have several years of work experience and demonstrate a connection to practice.

Are you interested in earning a Bachelor's degree in Business Administration? If you opt for a distance learning program, you will learn online and save yourself the stress of studying at a traditional face-to-face university. Start your academic education now and lay the foundations for a stellar career in business! Our educational counseling (Phone +49 (0)7533 919 23 - 86, Email: studium@allensbach-hochschule.de) will be happy to talk to you.

Bachelor's degree programs and specializations:

• PR and communication management
• Business Psychology
• Digital Marketing Management
• Digital Business Management
• Fashion Management
• Start-up and innovation management
• SME and craft management
• Business taxation
• Company health management
• Construction and real estate management
• Banking