| Charles Schwab said, "The man who does not work | | | | investment in their education, and it looks like they're |
| for the love of work but only for money is not likely to | | | | getting it. Here is a breakdown of the basic careers |
| make money nor find much fun in life." While it's always | | | | and starting salaries available to the holder of an MBA: |
| good to love the work you do, it's also critical to make | | | | Consulting $101,736 |
| a living. Earning a business degree is the first step to a | | | | Energy Utility $100,263 |
| stable and lucrative career. | | | | Finance $103,122 |
| With your completed degree in business administration, | | | | Health Care $111,477 |
| you can expect substantial starting salaries. However, | | | | High Tech $ 98,621 |
| salaries vary considerably based on which degree you | | | | Manufacturing $ 98,417 |
| have and what area of business you choose to | | | | Nonprofit/Government $ 73,125 |
| pursue. Here is a breakdown of what you can expect | | | | Products/Service $ 94,558 |
| for each Business degree currently available. | | | | The Business PhD |
| Associates Degree in Business Administration | | | | While an MBA or business administration degree can |
| Associate degree programs are generally two-year | | | | offer extensive training, they are becoming more and |
| programs offered by technical institutes or community | | | | more common. Earning a doctorate in business can |
| colleges. They are designed to give students a general | | | | help you get ahead of the competition and land a high |
| education in business, and there are many satisfying | | | | paying business or teaching job. Many CEO's today |
| careers available to the holder of an associate's | | | | have a business administration doctorate degree, but |
| degree in business: | | | | there is also a more traditional PhD program available |
| Office Manager $37,380 | | | | in business as well. Here are the differences in the two |
| Executive Assistant $41,850 | | | | degrees and the salaries available:o Doctor of |
| Retail Store Manager $41,850 | | | | Philosophy in Organization and Management. This |
| Administrative Assistant $29,893 | | | | degree PhD program in business focus intensively on |
| Human Resources $49,821 | | | | preparing candidates to conduct highly specialized |
| Customer Service Representative $31,886 | | | | scholarly research. They focus on the development of |
| Bachelor in Business Administration | | | | new theory in management, economics and related |
| There are many rewarding careers available to the | | | | fields. Most holders of a business PhD become faculty |
| proud graduate of a bachelor's program in business | | | | at Business schools. An Associate Professor at a |
| administration. Here is a breakdown of the various | | | | Business School can expect a starting salary of about |
| positions and their average salaries. Remember, | | | | $110,000 a year, with a full professor eventually earning |
| salaries vary considerably with experience, so you can | | | | closer to $150,000 a year.o Doctor of Business |
| assume starting salaries are somewhat lower: | | | | Administration (which is not a PhD, but a DBA degree) |
| Controller (Financial) $87,777 | | | | programs focus on the application of theory rather |
| Human Resources Manager $61,526 | | | | than on the development of new theory. While also |
| Project Manager, IT $78,446 | | | | intended to prepare graduates for academic careers, |
| Project manager, Construction $76,908 | | | | the DBA, by virtue of its focus on application of theory, |
| Human Resources Director $72,806 | | | | has more practical application in managerial settings |
| Executive Administrative Assistant $36,454 | | | | than the PhD and can therefore has a much higher |
| Senior Accountant $51,272 | | | | earning potential in the business world. Most CEO's |
| Masters in Business Administration | | | | have beginning salaries in the range of $140,000, with a |
| Just as recruiting has increased in the United States, | | | | nearly unlimited earning potential--depending on the |
| MBA salaries also have risen--as have tuition costs. | | | | success of the corporation and experience. |
| MBA graduates want a return on this substantial | | | | |