Out of all of those, the procurement officer must choose one to prepare a contract with and then monitor the effectiveness of the product, delivery, and relationship.įor a South Florida company, such as Fresh Del Monte Produce, procurement officers may be expected to deal with international trade logistics since this is a business with connections to American and European economies. The procurement officer must set standards and timing requirements for the goods their company needs, then search for and compare the suppliers’ reputations, what they offer, quality and pricing. Analytical, organizational and bargaining skills are crucial for this position, which is one of the most important in what is known as the supply chain. Procurement OfficerĪlso known as “purchasing officers,” procurement specialists are in charge of acquiring products that are essential for business operations. Out of the hundreds of job descriptions for this broad occupational segment, here are eight positions you can reasonably pursue after graduating from a business administration program at Florida National University: 1. According to the Financial Times, the average salary for an MBA three years after graduation was $142,000 in 2018. Having a master of business administration will boost earnings even further. According to the BLS, the median business management salary was $102,590 in 2018.
MBA graduates can earn up to $155K per yearĪfter graduates with a business administration degree work in their fields for a few years, they can move up into higher-paying management positions.Entry between $60K and $120K with experience.According to a national CareerBuilder survey, 74% of employers surveyed say they plan to hire recent college graduates in 2018, with 30% of respondents choosing business majors over other degrees.Īs for annual salaries, business administration majors can expect (depending on the industry) to earn: Employers from a multitude of industries look for this wide range of skills in business degree earners.
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Business majors also have the opportunity to gain proficiency in managing large groups of people and may become adept at fostering professional communications.
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It is not unusual for Florida employers to encourage specialists and technicians to pursue business administration degrees they do this because they know that promotion from within is a proven strategy for growth in the American enterprise.īy studying business theories and learning best business practices, business majors may develop critical skill sets, such as knowing how to analyze problems by using and applying data. Business organizations are in constant need of employees who are able to carry out administrative functions. In the United States, managers of administrative and business services are part of an occupational field that is crucial for the continued growth of the American economy. National Accreditation & Equivalency Council of the Bahamas Act.Classification of Instructional Program (CIP) codes.
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