Business Administration Career Outlook 2010-2011 Business Administration Programs Available at Bemidji State University: Majors: Business Administration (B.S.), Management Information Systems (B.S.), Computer Information Systems (B.S.), Marketing Communication (B.S.). Refer to separate Career Outlooks for Computer Information Systems and Marketing Communication. Fields of Emphasis: Finance, Generalist, Management, Marketing, Entrepreneurship/Small Business Management, International Business Minors: Business Administration, Management Information Systems, Computer Forensics Related Program: Fraud Examination Minor (Accounting) Department Website: http://www.bemidjistate.edu/academics/departments/business_administration Major Highlights: The Business Administration program offers study in finance, management, marketing, entrepreneurship/small business management, international business, management information systems, computer forensics, computer information systems, fraud examination, and general business. The focus is undergraduate education in this student-oriented learning environment. Hands-on learning, full student participation, and technology are integrated throughout the Business Administration program. Neither narrow nor vocational in its approach, the course work includes critical and logical thinking, communication skills, creative problem solving, innovation, decision making, and theoretical, technical, and professional skills. Business policies and practices both reflect and help form the ethical, global/international, and moral foundations of a society; business both draws upon and contributes to knowledge and understanding of the world. In recognition of this, the Department of Business Administration educates its students to be discerning, responsible citizens of both the business community and our democratic society. The theoretical aspects of business are grounded in social sciences such as economics, political science, psychology, sociology, and anthropology. The Business Administration curriculum is therefore broadly conceived. It prepares students for entry into the business world or for graduate study, and offers them a liberal education that will contribute to their intellectual, personal, and ethical growth. Employment Areas: The "Occupational Outlook Handbook" reports that advertising, marketing, promotions, public relations, and sales managers held about 623,800 jobs in 2008. These managers were found in virtually every industry. Sales managers held about 56 percent of the jobs; about 62 percent of sales managers were employed in wholesale trade, retail trade, manufacturing, and the finance and insurance industries. Marketing managers held approximately 28 percent of the jobs; the professional, scientific, and technical services, and the finance and insurance industries employed around 32 percent of marketing managers. About 27 percent of advertising and promotions managers worked in the professional, scientific, and technical services industries and wholesale trade. Around 48 percent of public relations managers were employed in service-providing industries, such as professional, scientific, and technical services; public and private educational services; finance and insurance; and healthcare and social assistance. Projected Demand for Business Administration Majors in Minnesota: MnCareers reports that the job outlook for advertising sales is good with average earnings of $19.90 an hour. The job outlook for customer service representatives is very good and they are earning an average of $16.70 an hour and financial counselors are earning an average of $26.60 an hour with a very good job outlook as well. MnCareers also reports that loan officers earn an average of $27.70 an hour with a good job outlook. Projected Demand for Business Administration Majors Nationwide: The DISCOVER guidance system reports that the nationwide demand for financial planners is expected to grow rapidly, with a 4.1% expected growth rate per year, with an annual starting wage of $52,500 in 2011. According to the National Association of Colleges and Employers (NACE), the average annual starting wage of a baccalaureate candidate as a management trainee or entry-level manager is $43,279 annually in 2010-2011. In addition, NACE reports that in 20102011 the average annual starting wage for bachelor’s degree in sales was $42,126. Placement Information for Business Administration Graduates: There are many career opportunities for Bemidji State University business administration graduates. Of the Bemidji State University 2009-2010 business administration graduates, 87.9% reported obtaining related employment within one year of graduation. This does not include students who were not seeking employment, furthering their education, unavailable, or had unknown status. According to the 2009-2010 BSU Graduate Follow-Up Study, BSU business administration majors earned starting salaries between $30,000 and $40,000. Management Information System is a recent addition to BSU and therefore more statistics about the graduates are not available at this time. A Partial List of Employers Who Have Hired BSU Business Administration Graduates: Accelerated Health Systems Activar Construction Products Group Advantage Business Solutions, Inc. AFLAC Ag Country Farm Credit Services AgStar Financial Services Alcatel-Lucent Allstate Insurance Company Altite International American Bank American Family Insurance American State Bank & Trust Anchorage School District Andersen Consulting Anoka County Anytime Fitness Aramark - U of SD Architectural Resources, Inc. ARDC Army National Guard Associated Financial Group AT&T ATS Paktec Auto Owners Insurance Avera McKennan Hospital B & L Appraisals Bailiwick Bank of America Beltrami County Bemidji State University Best of the North Real Estate Company Best Vendor Management BISYS Retirement Services Blandin Paper Company Blue Cross Blue Shield of MN Bob Lowth Ford Boise Cascade Corporation Bremer Bank Camp Courage North Canadian Imperial Bank of Commerce Cass Lake Chamber of Commerce Certified Payment Processing CFG Insurance Services CH Robinson Worldwide, Inc. Christopher & Bank Corporation Citibank Citizen National Bank City of Two Harbors City of Victoria Patient Care Advocate Billing Coordinator CEO Independent Agent Associate Loan Officer Financial Services Officer Senior Recruiter Marketing/Lead Generator Sales Agent Internet Administrator Property Field Adjuster Credit Analyst Administrative Assistant- Benefits Analyst Property Specialist Manager Location Manager Marketing Director Assistant Accountant Training/Operations Manager Broker Retail Sales Consultant Customer Service Representative Underwriter Program Manager Real Estate Appraiser Project Manager Mortgage Consultant/Mortgage Sales Human Resource Director Admissions Counselor Real Estate Sales Associate Vendor Liaison Client Service Representative Shift Coordinator Provider Services Associate Office Manager Senior Human Resources Coordinator Community Business Banker Assistant Program Manager Personal Banking Associate Office Manager Merchant Sales Consultant Employee Benefits Account Representative Carrier Marketing Representative Regional Leasing Manager Sales Loan Support/Collection Water and Light Plant Superintendent Public Works Worker Forest City, IA Bloomington, MN Mason City, IA Billings, MT Morris, MN Duluth, MN Plano, TX Grand Rapids, MN Minneapolis, MN Grand Rapids, MN Bemidji, MN Williston, ND Anchorage, AK Minneapolis, MN Anoka, MN Winnipeg, MB Vermillion, SD Hibbing, MN Duluth, MN Hibbing, MN Minnetonka, MN Bemidji, MN Anoka, MN White Bear Lake, MN Sioux Falls, SD Minneapolis, MN Eden Prairie, MN Bloomington, MN Bemidji, MN Bemidji, MN Bemidji, MN Golden Valley, MN Brainerd, MN Grand Rapids, MN Virginia, MN Bemidji, MN International Falls, MN International Falls, MN Lake George, MN Fort Frances, ON Cass Lake, MN Bemidji, MN Minnetonka, MN Eden Prairie, MN Plymouth, MN Sioux Falls, SD Park Rapids, MN Two Harbors, MN Victoria, MN A Partial List of Employers Who Have Hired BSU Business Administration Graduates (Continued): Compass Technology Management Cook Housing Authority Coppersmith Gutters, Inc. Covidien Credit Union Croatt Masonry Dave Gray Insurance Agency Dealer Specialties Department of Veterans Affairs Design Electronics Diamond Drilling & Supply, Inc. Digi-Key Corporation, Inc. Digi-Key Corporation, Inc. Diversified Financial Services Doug's Supermarket DSC Communications DW Jones Management Edina Home Mortgage Edward D. Jones Edward Jones Investments Edward Jones Mortgage Eich Motor Company Enterprise Rent-A-Car ERA Lambrecht & Associates, Inc. Fair Isaac Corporation Fairbault Foods, Inc. Fairview Range Regional Health Services Family Owned Business Farm Service Agency Farmers Insurance Group Fastenal Company Federal Deposit Insurance Corp Federal Express Federated Insurance Federated Insurance FedEx Ground Ferguson Enterprise, Inc. Financial Recovery Services First Equity Mortgage First National Bank Friendship Ventures FSA Gander Mountain Geroys Building Center Gesell Concrete Products Glenridge Healthcare Solutions, Inc. Globe University GMAC-RFC Greenmill Restaurant Groe Painting Guy Carpenter Hamilton Sundstrand Hard Rain Photography Headwaters Regional Development Center Hennepin Hertz HiRel Systems Holiday Inn Express Hormel Foods Data Base Administrator Director Owner/Operator Sales Representative Loan Officer Customer Service and Laborer Insurance Agent Customer Service Loan Specialist Manager Service Manager International Customer Service Rep. Internet Marketing Content Analyst Registered Representative Director of Personnel Sales Consultant Leasing Agent Marketing Coordinator Branch Office Administrator Investment Representative/Stock Broker Service Support Associate Marketing Manager Management Trainee Sales Associate/Realtor Facilities Operation Specialist Documentation Specialist Administrator Self-Employed Program Technician Insurance Agent Outside Sales Financial Institution Specialist Manager Commercial Underwriter Marketing Trainee Administrative Associate Manager Trainee Collection Agent Loan Officer Commercial Loan Officer Conference & Retreat Director Sales Representative Operations Specialist Administrative Assistant Office Manager Consultant Admissions Representative Operations Associate Manager Business Liaison Fiduciary Analyst Contract Administrator C.E.O. Administrative Support Specialist Management Trainee Project Administrator General Manager Sales Representative Virginia Beach, VA Cook, MN Dayton, MN Norwalk, CT Bemidji, MN Aitkin, MN Warroad, MN Duluth, MN St. Paul, MN Little Falls, MN Duluth, MN Thief River Falls, MN Thief River Falls, MN Woodbury, MN Warroad, MN Superior, WI Walker, MN Edina, MN Ely, MN Superior, WI Minneapolis, MN St. Cloud, MN Los Angeles, CA St. Petersburg, FL Minneapolis, MN CoKato, MN Hibbing, MN Lancaster, MN Kildeer, ND Eagan, MN Eden Prairie, MN Grand Forks, ND Bismarck, ND Owatonna, MN Owatonna, MN Fort Myers, FL Fargo, ND Edina, MN Hibbing, MN Bemidji, MN Annandale, MN Bemidji, MN Bemidji, MN Roseau, MN Bagley, MN Elkridge, MD Wausau, WI Richfield, MN Bemidji, MN Maple Grove, MN Edina, MN Rockford, IL Bovey, MN Bemidji, MN Bemidji, MN Minnetonka, MN St. Cloud, MN Pittsburgh, PA A Partial List of Employers Who Have Hired BSU Business Administration Graduates (Continued): IBM ING Direct Interstate Payment Maintenance Interstate Power Systems IPS, Inc. IRMS Insurance & Rick Management Services, Inc. It Figures Jack's Auto Sales Jansen, Inc. JC Penney Jennie-O Foods Jet Heating Kadrmas, Lee & Jackson Kantor Electric, Inc. Kraft Foods L & M Supply Lakehead Constructors, Inc. Lakes Area Dollar's Inside Lakeshirts, Inc. Lamb Weston/ConAgra Laurentian Lawn/Aurora Auto Service Leech Lake Realty Leech Lake Tribal College Lifescan Upright MRI Lighting Unlimited Loffler Companies Long Lake Loon Lodge Lottsfeldt Strategies Loudclick Lowe's LSS Data Systems LSS Data Systems Lueken's Lundborg & Sons M&D Metal Finishing Mass Mutual Maurices, Inc. Max Mini Store Squaw Maxim Healthcare Services Menards Mesaba BancShares Minnesota Department of Revenue MJP Management MN Department of Labor & Industry MN Dept of Employment & Economic Development MN Work Force Center Nations Financial Group Nelson Gables Nortech Systems, Inc. North Central Door Company North Country Business Products North Country Ethanol North Star Resource Group Northern Grounds Cafe Northern State Bank Northern Tele Systems Northland Community & Technical College Northland Machine, Inc. Financial Analyst Mortgage Processor Division Manager Parts/Sales Representative Support Technician-Service Dept. Client Service Specialist Manager/Business Manager Manager Project Manager Supervisor Management Trainee Supervisor Surveyor III Office Manager Sales Representative Warehouse Manager Administrative Assistant Owner Manager Production Supervisor Owner Real Estate Agent Enrollment Manager Medical Imaging Specialist Business Manager Sales Representative Manager Traffic Manager Content Marketing Strategist Team Leader Applications Specialist Consultant, Implementation & Support Front End Manager Estimator Sales & Quoting Financial Planner Leasing Assistant Office Manager Healthcare Recruiter Manager Bookkeeping/Data Processing Revenue Tax Specialist Human Resources Coordinator Safety Investigator Workforce Development Representative NE Regional Marketer Stock Broker Wellness Center Assistant Quoting Engineer IT Assistant Contract Administrator Distillation Operator Financial Advisor Assistant Manager Real Estate Underwriter Communications Consultant Human Resources Info Systems Human Resource Manager Rochester, MN St. Cloud, MN St. Paul, MN Virginia, MN Bemidji, MN Naples, FL Baxter, MN Crystal, MN Bellingham, WA Kansas City, MO Willmar, MN Mora, MN Bismarck, ND International Falls, MN Bemidji, MN Grand Rapids, MN Cohasset, MN Brainerd, MN Detroit Lakes, MN Park Rapids, MN Aurora, MN Walker, MN Cass Lake, MN Minneapolis, MN Bemidji, MN Bloomington, MN Bemidji, MN Anchorage, AK St. Paul, MN Hibbing, MN Minnetonka, MN Eden Prairie, MN Bemidji, MN Blaine, MN Ham Lake, MN Minneapolis, MN Duluth, MN Lake, MN Tulsa, OK St. Paul, MN Calumet, MN Edina, MN Duluth, MN Bemidji, MN Bemidji, MN Virginia, MN Bemidji, MN Alexandria, MN Bemidji, MN Bemidji, MN Bemidji, MN Rosholt, SD Minneapolis, MN Ely, MN Thief River Falls, MN Bemidji, MN Thief River Falls, MN Grand Rapids, MN A Partial List of Employers Who Have Hired BSU Business Administration Graduates (Continued): NorthRidge Community Credit Union Northstar Materials Northwest Technical College Northwestern Mutual Northwood Bank of MN Northwood Bank of MN Norwegian Cruise Line Norwest Financial Office of the State Auditor Old River Pizza Co. Ottertail Corporation Palace Casino & Hotel Pam's Auto Pautz Construction Services PCS Health Systems Physicians Clinic of MN Portage Builders Prudential Insurance Company Qwest Communications Radio Shack Design Electronics Rayco Farms, Inc. Receivables Control Corporation Resort Theaters of America Richmond AmericanHomes Rogers & Hollands Rollouts, Inc. Rural Cellular Corp. Scheel's All Sports Schwan Food Company Security Link Security State Bank Self Employed-Craft Business Self-Employed Sheridan College Sherwin-Williams Skyline Display Social Security Administration Specialized Care Services State Bank of Rogers State Farm Insurance State Farm Insurance Stella's Restaurant Stellent, Incorporated Stellher Human Services Stifel Nicolaus Students Today Leaders Forever Studio 78 Platinum Design SuperValu, Inc. Target Target Tastefully Simple TCF Bank TEAM-PRD Teamworks Telespectrum Worldwide, Inc. Teret/ASV The Nature Conservancy The Pioneer Staff Development/HR/Insurance Agent Human Resources Assistant Coordinator of Financial Aid Financial Representative Customer Service & Personal Bank Supv Marketing Director Assistant Desktop Publisher-Marketing Credit Manager Trainee Local Government Auditor Owner/General Manager Administrative Assistant Marketing Associate Sales Associate Executive Supervisor System Analyst Clinic Administrator Supervisor Application Underwriter Small Business Sales Store Manager Farm Manager Corporate Collection Representative Manager Executive Administrative Assistant Management Associate Information Systems Manager Billling Analyst Specialty Shop Manager Pricing Specialist Sales Representative Consumer Loan Officer Owner/Operator On-Line Sales/Purchasing Residential Life Coordinator Assistant Manager Sales Representative Claims Representative Claims Associate Loan Operations Executive Assistant Sales/Marketing & Health Specialist Manager Human Resources Administrator Administrative Assistant Client Service Associate Director, High School Programs Administrative Assistant- Marketing Business Support Specialist Softlines Manager Executive Team Leader Image Team Assistant-Facility Assistant Manager/Sales Quality Assurance Documentation Administrative Support Quality Manager Inventory Control Coordinator Operations Assistant Sales Support Clerk Biwabik, MN Bemidji, MN Bemidji, MN Fargo, ND Park Rapids, MN Park Rapids, MN Miami, FL Grand Forks, ND Rochester, MN Council Bluffs, IA Fargo, ND Cass Lake, MN Osakis, MN Prior Lake, MN Bloomington, MN Bemidji, MN Park Rapids, MN Plymouth, MN St. Paul, MN Alexandria, MN East Grand Forks, MN Minneapolis, MN Rancho Mirage, CA Phoenix, AZ Edina, MN Chaska, MN Alexandria, MN Fargo, ND Marshall, MN Seattle, WA Hibbing, MN Babbitt, MN Bemidji, MN Sheridan, WY Grand Rapids, MN Denver, CO Bemidji, MN International Falls, MN Rogers, MN Bemidji, MN Thief River Falls, MN Battle Lake, MN Eden Prairie, MN Bemidji, MN Virginia, MN Minneapolis, MN Alexandria, MN Eden Prairie, MN Bemidji, MN St. Paul, MN Alexandria, MN Minneapolis, MN Bagley, MN Park Rapids, MN Bemidji, MN Grand Rapids, MN Mosca, CO Bemidji, MN A Partial List of Employers Who Have Hired BSU Business Administration Graduates (Continued): Timberwolf Inn Todd County Trophy Encounters Twins Cities Transport and Recovery U.S. Steel Unilever Care OS MegaForce Uniprise United Health Group United Healthcare Services, Inc. United Healthcare United States Airforce United States Department of Veteran Affairs Universal Pension, Inc. US Bancorp Piper Jaffray USDA - Farm Service Agency USDA - Forest Service USDA-Rural Development Vaneps Insurance Services Vendors Unlimited Virginia Regional Medical Center Vista Medical, Inc. Warners Stellian Wells Fargo Bank Winona National Bank World Data Products Manager Deputy County Recorder Owner Office Manager Sr. Shift Manager of Operations TPM Associate Billing Account Representative Regulatory Analyst Business Analyst Director, Int'l Business Operations Cost Analyst Review Appraiser Business Development Representative Investment Management Associate Farm Loan Officer Realty Specialist Area Loan Specialist Office Assistant Service Tech Capital Campaign Manager Market Analyst Sales Associate Loan Adjuster Assistant Trust Administrator Compaq Sales Representative Marcell, MN Long Prairie, MN Waconia, MN St. Paul, MN Mountain Iron, MN Fayetteville, NC Duluth, MN Minneapolis, MN International Falls, MN Duluth, MN Dayton, OH Bloomington, MN Brainerd, MN Minneapolis, MN Fergus Falls, MN Cass Lake, MN Marshall, MN Grand Rapids, MN Dubuque, IA Virginia, MN Winnipeg, MB Minneapolis, MN Bloomington, MN Eagan, MN Minnetonka, MN Colleges and Universities Where BSU Business Administration Graduates Have Gone to Continue Their Education: Bemidji State University, Bemidji, MN Clemson University, Clemson, SC Devry University, Edina, MN Mesabi Range Community College, Virginia, MN Temple University, Philadelphia, PA University of Minnesota-Duluth, Duluth, MN University of North Dakota, Grand Forks, ND University of Wisconsin, Milwaukee, WI Note 1: Some of the above job/career titles require advanced degrees or specialized training. Note 2: Degrees alone do not get students jobs. Internships, summer jobs, volunteer work, part-time jobs, work-study positions, and active participation in student organizations on campus are all ways to become more competitive in a tight job market. Note 3: Personal Competencies: it is also recommended that individuals be competent in a variety of communication methods, and computer skills are a must. Bibliography: Annual Graduate Follow-Up Study 1997-2010. Bemidji State University, Bemidji, MN (2011) Bemidji State University Undergraduate Catalog 2011-2012. Bemidji State University, Bemidji, MN (2011) DISCOVER. The American Testing Program, Educational Technology Center, Hunt Valley, MD (2011) MnCareers/iSeek. Research and Statistics Office, MN Dept. of Economic Security, St. Paul, MN (2011) Occupational Outlook Handbook. U.S. Dept. of Labor, JIST Publishing Inc., Indianapolis, IN (2010) Salary Survey 2010-2011. National Association of Colleges and Employers, Bethlehem, PA (2011) For more information, please contact the Career Services Office in 102 Sanford Hall or call us at 218-755-2038 or toll free at 800-657-3726.