Division of Continuing Professional Studies
Career Outlook for Business
Every kind of company, organization, and government agency relies on business expertise. Whether they decide to use their new skills immediately in the job market or in graduate studies, Champlain business graduates have the long-term career mobility that comes from a well-rounded business education.
According to the U.S. Department of Labor, employment of business administrative services managers is projected to grow about as fast as the average for all occupations through 2014. During the same time, employment of business management analysts is expected to grow faster than the average. Competition for business management positions, however, will remain keen. Relevant work experience and education will continue to be key criteria for hiring firms.
New technologies and an increase in international commerce will also continue to drive the market for business managers. For example, traditional companies hire business analysts to help design intranets or company Web sites, or to establish online businesses. And as U.S. firms expand businesses abroad, many will hire management analysts to help form the right strategy for entering markets or to help them with organizational, administrative, and other issues.
Earnings of administrative services managers and business management analysts vary greatly depending on the employer, the specialty, and the geographic area. In general, however, median annual earnings of administrative services managers in May 2004 were $60,290. The middle 50 percent earned between $42,680 and $83,510. The highest 10 percent earned more than $110,270. Median annual wage and salary earnings of management analysts in May 2004 were $63,450. The middle 50 percent earned between $48,340 and $86,650. The highest 10 percent earned more than $120,220.