Did you know that many top business executives begin their careers working as business administrators? Whether you’re an aspiring leader or just enjoy being involved in the day to day aspects of running a business, a career in business administration might be the right path for you.
From salary prospects to daily tasks, let’s take a look at what you can expect from a career in business administration:
Job outlook and salary
While roles in business administration vary widely, we can take a look at the role of an office manager as an example:
According to Job Outlook, the number of office managers has fallen over the past 5 years, from 116,600 in 2018 to 115,400 by 2023. This figure is expected to stay about the same over the next 5 years.
Office managers receive an average salary of $1,150 per week. On average, the highest qualification completed by workers in this field is a Certificate III and IV. 83.4% of workers are women, and full-time workers spend around 38.1 hours per week at work, two hours less than the all job average of 40 hours.
In business, the day-to-day tasks are just as important as long-term outlooks for the future. A business administrator is involved in all areas of the business, including IT, communication, marketing and finance/accounting. Administrators work in every industry, from small businesses to large firms with thousands of employees.
Business administrators are expected to work regularly with computers, compile information, be involved in decision-making and problem solving, communicate with staff and process information.
On the job, business administrators are expected to:
- Provide office support and manage activities related to the business (setting up meetings, scheduling appointments, sorting documents etc)
- Oversee organisational budgets and finances
- Organise invoicing
- Keep well-organised files and records of business activity
- Assist in project management
- Analyse financial statements and sales reports
- Establish organisational goals, policies and procedures
- Negotiate or approve contracts and agreements
- In some cases, act as an office all-rounder
Will you suit this type of work?
Your success in an administrative role will largely depend on your personality and whether you enjoy a broad range of tasks. A business administrator is a highly organised individual with strong interpersonal skills and an active interest in all areas of business, from number crunching to offering solutions to complex business problems. If you’re someone who enjoys keeping busy and having a say in business decision-making, this type of role can certainly lead to some amazing opportunities for you.
It’s important to note that every business is different, so your responsibilities will change depending on your employer. It can be quite a flexible career path that allows you to explore new areas and even assist in creating strategies for business growth—which can lead to high positions and impressive salary packages.
Examples of Job Titles
Here is a list of job titles related to business administration. This list is not exhaustive but can give you some idea of the types of roles you can expect to apply for once you are qualified:
- Accounts Payable Clerk
- Accounts Receivable Clerk
- Administration Assistant
- Clerical Worker
- Information Desk Clerk
- Office Junior
- Personal Assistant
- Accounts Supervisor
- Executive Personal Assistant
- Office Administrator
- Office Manager
- Project Assistant
Opportunities for growth
A career in business administration can open many doors for future employment, whether you want to remain at an assistant level or pursue higher paid roles. For example, you may work your way up to executive roles, upper management roles and even become a CEO. In fact, many of the responsibilities of a CEO are similar to that of a Business Executive, although at a much higher organisational level and with higher stakes.
How to get qualified?
The right qualifications can give you the skills and confidence to get a positive head start in your career and start approaching employers for your dream role. At Open Colleges, we offer a range of Business Administration courses including the BSB30415 Certificate III in Business Administration and the BSB40515 Certificate IV in Business Administration. With these certifications, you’ll gain the foundation in business to take your career in any direction you choose.
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