Why I want to go into business

 

I want to major in Business Administration because I like to be in charge of certain areas of projects. I am a natural leader and I feel that I would make a good market administration officer because I am a people person. Getting along with people well is something that I will need when I go to work because the more friendly I am with my co-workers, superiors, or employees, the more friendlier the workplace will be.  I know that I will become successful in this profession or any other profession I choose.

 

How this class and having a comptuer at home will help me

 

By taking this class I will be able to use my computer to complete assignments for my business classes in college. I will have somewhere to save all my files and to do my work without having to beg someone to type a report for me or to use their computer. This computer will be a convenience and it will make me very effective in college.

 

Full-Time Undergraduate Program
         

By becoming a Business Administration major, I will study in a wide variety of business essentials. The variety will prepare me for special studies in my junior and senior year in one or more of the following areas of concentration.

 

Areas of Concentration in Business:
o Accounting
o Finance
o International Business
o Management
o Marketing

 

Salaries

Starting salaries in consulting positions with a bachelor's degree after bonus (analyst position) range from $30,000 to $50,000.

Starting salaries with an MBA degree range after bonus (associate position) range from $40,000 to $125,000. These salaries vary with firms and with the region of the country you are in.

The following information about national salary level was reported by Money in 1992, which was $82,309.

v    v    Research Associate (No Bachelors): $15-30,400

v    v    First Year Analyst (bachelors degree): $32,000-40,000 (plus a bonus of $5,000-$10,000)

v    v    Second Year Analyst: (bachelors degree): $35,000-45,000 (plus a bonus of $5,000-20,000)

v    v    Management Consultant (MBA): $89,200

v    v    Senior Consultant (MBA + 2-5 years): $120,100

v    v    Junior Partner (MBA/PhD + 5years or more): $120,100

v    v    Senior Partner (MBA/PhD + 5-20 years): $194,000 (bonus: up to $500,000)

 

These are the salaries for other careers inside of the business administration field.

v    v    Median Salary for Financial Managers (1996): $40,700

v    v    Median Salary for Inexperienced Budget Analysts (1996): $30,100

v    v    Median Salary for Purchasers and Buyers (1996): $33,200

v    v    Average Salary for Management Consultants (1996): $50,500

v    v    Average Starting Salary for Graduating Marketing Majors (1997): $29,000

v    v    Median Salary for Marketing, Advertising and PR Managers (1996): $46,000

In the beginning careers don’t make that much money but if with experience and further my education you will make a lot more money in the end. I know that I will have to work hard to finish school and do well in this field. I am confident that I will do well if I keep focused.

 

What Can I Do With A Degree in Business Administration

 

I have a numerous amount of opportunities open to me in the Business field. The Business major will prepare me for a variety of careers including Accountant, Administrative Executive, Banker, Chief Executive Officer, City Manager, Controller, Consultant, Director, Human Resource Manager, and Public Relations Specialist, just to name a few.

 

This career will be good for me because I don’t want to be stuck with just one career option. It will be good that I could go into accounting if being a consultant becomes boring or monotonous. I need change and this is a good career for me.

 

Thank You TGH, for helping me get a computer because I am on my way to college and on my way to my career.

 

 

Bibliography

 

 

 

 

 

Lorraine and Christina Maryland

Technology Goes Home

Research Project

                                                                                    April 6, 2001