Business Administration Salary

Business administration managers direct, coordinate and plan a variety of services that allow companies to operate in an efficient manner. They often coordinate facilities maintenance, space allocation and property procurement. They may also supervise centralized operation to ensure that the meet the needs and standards of different department within the organization. Business administration managers may also supervise telecommunications management, security and transportation services for the organization.

The duties for business administration managers tend to vary from company to company, depending on the size of the organization and the industry in which it works. Smaller companies may have only one business administration manager, which is called an office manager, while larger companies may have a team of business administration managers dividing the work load and specializing in different areas according to their level of expertise.

Salary Overview

Specific wages of business administration managers may vary greatly depending on the industry they work in, their specialty and the geographical area in which the business is located. Median income salaries of business administration managers in 2010 were $73,520. The middle fifty percent earned between $52,320 and $98,990. The bottom ten percent earned less than $38,460 per year and the upper ten percent earner more than $129,770 per year. Business administration managers who managed corporations had a median income of $85,980 per year, those who managed hospitals had a median income of $77,860 per year and those who worked for local governments had a median income of $74,458 per year. Business administration managers who were employed by professional schools or universities had a median income of $72,460 per year, while those working for state governments had a median income of $65,690 per year.*

*According to the BLS, http://www.bls.gov/oco/

Featured Schools

Job Description and Outlook

Business administrators spend the majority of their days in an office environment, but may be required to make inspections around the building or grounds to supervise facilities that fall under their management duties. Half of business administrators work a forty hour work week, with the other half working considerably longer hours. In many cases, uncompensated overtime is expected of the business administrator in order to ensure that deadlines are met.

The exact duties of the business administrator may vary as significantly as the range of administrative services that they are expected to execute for the organization. Business administrators may serve as contract administrators, construction administrators or supply administrators depending on the organization where they are employed.

Employment in this field is expected to grow at the national average for most positions. Growth for the upper level jobs in this field will grow at a slower pace due to stiff competition. For the middle-tier positions, competition is lower so employment prospects will continue to look good for this level for the next ten years. Business administrators who specialize in facility management have the best employment prospects. Business administrators who are engaged in management consulting should also have a significant increase in their employment prospects due to companies outsourcing routine managerial duties.

Training and Education Requirements

Depending on the size and complexity of the organization that the business administrator is employed, educational requirements vary. In small to mid-size companies the business administrator may only need to have applicable experience. Larger organizations however, generally require a bachelor’s degree.

Business administrators should have a bachelors degree in business administration, accounting, human resources or finance. They also should take courses in office technology, computer applications, business law and accounting. Business administrators who are involved in building management should take drafting courses.

Business administrators who work as facility managers generally have a degree in architecture, engineering, business administration, facility management or construction management. In some cases, experience can be substituted for an undergraduate or graduate degree. These experience is usually obtained by the business administrator specializing in one field and then moving over to other areas or specialties.

Business administrators who specialize in property acquisition or disposal needs to have a background in sales and purchasing, knowledge of the equipment used at the company and knowledge of the supplies that is used by the company. Business administrators who specialize in shipping or receiving should have a knowledge of supply, distribution, inventory and warehousing of goods. They should also be familiar with packaging, transportation and operations that are associated with them.

Certifications

Business administrators advance by moving into other management positions or moving on to larger organizations. Administrators can also take online training offered by the Association of Professional Office Managers in order to display a higher level of commitment to office management.

Business administrators who are working as facility managers can be certified through the Certified Facility Manager (CFM) designation or through the Facility Management Professional (FMP) designation.

Professional Associations

There are a number of professional associations that offer assistance and certification to business administrators.

  • International Facility Management Association (http://www.ifma.org)
  • Association of Professional Office Managers (http://www.apomonline.org)

Most popular business careers:

  • Accountant
  • Business Administration
  • Business Manager
  • Claims Adjuster
  • Human Resources
  • Project Manager

Get Your Degree!

Find schools and get information on the program that’s right for you.

Powered by Campus Explorer