1 Getting a better understanding of economics
When a person studies business administration, he will get a better understanding of economics, the world economy and the factors driving economies.
2 Becoming a better investor
Studying business will allow many people to become better investors and to help them make better investment decisions. This doesn't stop at stock market investing but it extends to include all kinds of investments, including buying a house or any other asset.
3 Learning how to run a business
People who study business administration will usually learn about the proper way to run a business organization. This can help a person become a better business owner.
4 Become a better manager
Even if a person doesn't start his own business, he can still learn how to become a better manager inside his firm after studying business administration. (See Why is SEO important to a business?)
5 Better career opportunities
Studying business administration opens the path for many different careers including a human resources career, finance, management, accounting and many other careers.
6 Added career advantage
People who study a non-business major such as engineering might get a strong career advantage after studying business administration as they learn to see the business side of things.
7 A much better view of the business world
Studying business administration will give the person a much better view of the business world and allow him to understand it in more detail. (See How to Choose a Business Partner?)
8 Connection with business people
A person who studies a program such as MBA is very likely to come across successful business figures during the course period. This network of connection can provide better opportunities for the person.
9 Improving and growing your business
When a person studies business administration, he will usually learn how to improve and grow his business.