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Business administration is the study of how organizations operate and how to manage resources, people and processes. It involves coordinating various disciplines — including finance, marketing, human resources, operations and strategic planning — to support better outcomes and long-term growth of companies.
Individuals pursuing advanced education degrees in business administration can expect to develop the skills necessary for leadership positions across various industries. These programs provide a strong foundation in business principles, strategic thinking, problem-solving and decision-making. By completing graduate or postgraduate business administration programs, students can build prestigious and versatile careers in a competitive job market.
In this guide, we will cover the different types of degrees available in business administration and specializations you can select for a more targeted education. Choosing the right program can be daunting, but we'll provide the insights and advice you need to make an informed decision. You'll better understand the value an MBA can offer and learn how to navigate available programs.
Simply fill out this form to receive a PDF version of our guide.
Chapter 1
Types of Business Administration Degrees
There are business administration degrees at every level of higher education, from certificates to graduate and doctoral programs. They offer a wealth of opportunities for students looking to enter the world of business.
As you consider which program is best for your goals, let’s explore some business administration degrees available at SNU.
Bachelor's Degree | Undergraduate programs introduce fundamental business concepts and lay the groundwork for further specialization in business-related fields. The Bachelor of Science in Business Administration curriculum offered by SNU equips graduates to succeed in core fields like communication, analysis, management and human resources.
Master's Degree | Graduate programs provide multidisciplinary instruction across all areas of business for a dynamic, comprehensive education. Courses will have strong career relevance, addressing finance, marketing, operations and entrepreneurship.
MBA | SNU’s Master of Business Administration (MBA) program focuses on management and business administration, with a firm foundation in both theory and practical management skills.
MBA-HCA | This MBA is geared toward individuals with professional aspirations in healthcare. The Master of Business Administration: Healthcare Administration from SNU prepares students for the business and science of managing healthcare organizations with a range of management skills that can serve them across industries.
MSM | This graduate program offers a more focused approach to management principles, organizational behavior and leadership strategies. SNU's Master of Science in Management (MSM) program is the most conceptual of the three programs, diving into management and leadership theories.
Chapter 2
Specializations within Business Administration
Business administration programs are structured for well-rounded professional applications. This means that even a general MBA will provide the foundational knowledge and skills to pursue roles that align your career with your interests.
Many universities offer MBA programs focused on specializations for students with a clear path, such as healthcare administration. As you consider how to put a degree in business administration to use, note that you have a diverse range of opportunities supported by courses within the core curriculum. Below, we outline some of the most common specializations MBA graduates pursue, the focus of those specialties and corresponding courses within SNU’s MBA programs.
Chapter 3
Career Opportunities for Business Administration Graduates
With a business administration degree, graduates can look forward to numerous benefits that elevate their employment prospects. The skills taught in MBA programs develop capable leaders with a nuanced understanding of business theory, ethics and effective communication.
Administration is essential for businesses of all sizes and sectors, providing the framework for strong management and decision-making skills. As a result, MBAs are the most in-demand degree employers look for in prospective candidates, with the only exception being the finance sector.
The high regard for business education is also reflected in financial incentives. It’s common for employers to offer signing bonuses to MBA graduates as part of their recruitment.
Salaries can vary for many reasons — such as location, cost of living and local industry demand — but you can expect to be well compensated in any business field you choose. According to the Graduate Management Admission Council, the median starting salary for MBA graduates in 2023 is $122,000.
If you need more inspiration to define your career goals, review “The Ultimate Career Roadmap for MBA Graduates.” Marketing management, executive leadership and healthcare administration are common paths, but you may prefer to work in project management, business consulting or even supply chain and operations management.
Chapter 4
How to Choose the Right Business Administration Degree Program for You
The right program will ultimately be informed by your goals and personal circumstances. There are many things to consider to ensure you feel confident investing in your education.
As you evaluate which business administration degree will be best, keep these factors in mind:
Chapter 5
Frequently Asked Questions About Business Administration Degrees
What are the admission requirements for an MBA program?
Just as the curriculum will vary with each institution, so will the admission requirements. MBA programs may request candidates provide the following as part of their enrollment application:
We will explain these more in detail in Chapter 6.
Can I pursue an MBA without prior business experience?
Yes, many MBA programs welcome applicants from diverse backgrounds, including candidates with limited business experience.
How does an MBA differ from other business-related degrees?
A Master of Business Administration will differ from other business-related degrees in several key aspects, including their focus, curriculum and career outcomes. Identifying your goals and whether you wish to specialize will be an important step to focus your enrollment efforts.
Can I study online?
Yes, there are MBA programs that provide online resources, including digital textbooks.
What is the typical duration of an MBA program?
The duration will depend on the flexibility of the specific MBA program. Full-time enrollment typically takes two years, although universities like SNU offer an accelerated program with a 12-month course of study.
Chapter 6
Benefits of SNU
SNU has been recognized as a Business College of Distinction due to our commitment to providing an uncompromising education that enriches your future. Here are some of the benefits that set our program apart:
Accreditation
Not only is SNU approved by the Higher Learning Commission to offer academic programs through the doctoral level, it is accredited by the Association of College and Business School Programs (ACBSP).
Innovative Cohort Model
Our cohort-based approach fosters a close-knit community, allowing you to build strong connections and a professional network that extends beyond graduation.
Flexible Start Dates
We offer multiple start dates, so you can begin your MBA journey at a time that best suits your schedule and career plans.
No GMAT or GRE Requirements
We believe in providing accessible education, so we have waived the GMAT and GRE requirements for admission, streamlining the application process.
Comprehensive Curriculum
Our programs cover all essential business topics, equipping you with a thorough understanding of management principles and strategies.
Healthcare Administration Specialization
For those interested in the healthcare industry, our program offers specialized tracks that focus on the unique challenges and opportunities in healthcare administration.
Free Textbooks
MBA and MSM students receive textbooks through Cengage Unlimited at no extra cost, ensuring access to essential learning materials.
Flexible Learning Formats
Choose between in-person and online classes to fit your learning preferences and accommodate professional or personal commitments.
One-Course-at-a-Time Model
Our unique one-course-at-a-time approach allows you to give each subject your undivided attention while enabling you to complete the program within 18 months.
12-Month MBA Program
Qualified students can graduate with an MBA in just 12 months for faster career advancement.
Supportive Environment
You will benefit from expert advisors, caring professors and a diverse and inclusive school community that nurtures your growth and ensures your success throughout your MBA journey.
Chapter 7
Empower Your Future
Business administration degrees hold immense influence in today’s professional landscape and remain one of the most sought-after qualifications by employers. MBA graduates are poised for excellence and make significant contributions to the organizations they work with.
If you’re ready to pursue a future in business, SNU is here to support your professional aspirations with a comprehensive education that prepares you to thrive in the evolving business landscape. Our MBA programs provide a flexible curriculum, multiple start dates and no Graduate Management Admission Test (GMAT) or Graduate Record Examinations (GRE) requirements, ensuring your journey to a successful career is as smooth as possible.
Take initiative and start your future now. Contact our admissions office to learn more about enrollment.
Simply fill out this form to receive a PDF version of our guide.
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