A specialized course under Business
About the Course – Administration
The academic program Administration provides in-depth knowledge related to business operations. This program mainly covers accounting, marketing and finance as its major topics or areas of study. This course will help you gain critical thinking skills and practical knowledge of one or more areas of specialty. You will be provided with an opportunity to learn from industry experienced instructors who have extensive experience in business administration. Connecting and learning with like-minded individuals from various walks of life will prove to be a tremendous advantage to you and your study.
Administration programs incorporate training and practical experience along with theoretical knowledge to generate positive learning outcomes. Case studies, presentations, and interactions with experts in the field will help you earn all the essential skills and practical knowledge so you can excel in this field. The course lays the basic foundation for education in business administration principles. It enables you to understand the dynamics of company operations.
Business Administration courses cover the following areas:
- Business Communication
- Critical Thinking
- Decision Making
- Problem Solving
- Technical Competency
- Organizational Leadership
- Quantitative Reasoning
Listed here are some of the principal objectives of the course:
- To have a robust understanding of economics, marketing, accounting, finance, law, and management
- To develop presentation and analysis skills, and recommend to the intended audience through appropriate forms of communication, written or oral
- To be able to recognize the need for information, be able to identify, locate, evaluate, share and apply the information effectively to facilitate problem-solving and decision-making
- To use independent, critical thinking and reasoning skills to identify problems and address them accordingly
- To develop a sense of ethics and values to be applied in a personal and professional environment
- To increase the value of team development and team work for the purpose of solving business problems and achieving the organizational goals
- To analyze business problems through quantitative reasoning and methods by obtaining, evaluating and interpreting the data
A Business Administration degree prepares you for a career in business, which can apply to any sector or industry. You should be able to decide the area you want to work in and get relevant work experience. You could also try to get a part-time job in an area related to your chosen career that provides commercial skills or gives you knowledge in business functions and how organizations operate. Industries, to name a few, chemicals, utilities, fashion, health, grocery, and construction always seek for functional managers with a clear understanding of systems, efficiency, and operational issues. There are also opportunities in management and analysis roles in the private, public, and voluntary sectors.
A degree in Business Administration will provide you with the following career paths:
- Actuarial analyst
- Business adviser
- Business analyst
- Business development manager
- Chartered management accountant
- Corporate investment banker
- Data analyst
- Data scientist
- Forensic accountant
- Insurance underwriter
- Management consultant
- Project manager
- Risk manager
- Supply chain manager
- Real estate appraiser
- Buyer or purchasing agent
- Compensation and benefits analyst
- Labor relations specialist1
- Training and Development Specialist
- Meeting, Convention and Event Planner
- Loan Officer
- Human Resources (HR) Specialist
- Market Research Analyst
- Financial Analyst
- Business Consultant
Jobs where your degree would be useful include:
- Construction manager
- Costs lawyer
- Environmental engineer
- External auditor
- Human resources officer
- Logistics and distribution manager
- Marketing executive
- Mortgage adviser
- Retail manager
- Sales executive
- Systems analyst
- Urban designer
Administration discipline opens up many possible career paths, each with varying levels of supply and demand.
Similar to all the other careers, the higher degree you hold, the higher your salary will be in this field. According to the U.S. Bureau of Labor Statistics, the demand for business administrators is expected to grow about as fast as average for all occupations. However, job growth will vary by the area of business administration in which you choose to specialize.
Management and operational skills are crucial to running a business. A business administration background can apply to almost any industry within the business world.
Here are some statistics on business administration salary ranges, job growth, and employer types for administrators.
Take a look at some of the salaries for popular careers in business administration:
Business Administration Career
Median Annual Salary*
Human Resources Management
Food Service Management
Health Care Administration
Source: U.S. Bureau of Labor Statistics’ 2018-19 Occupational Outlook Handbook
*The salary information listed is based on a national average, unless noted. Actual salaries may vary greatly based on specialization within the field, location, years of experience and a variety of other factors. National long-term projections of employment growth may not reflect local and/or short-term economic or job conditions and d,-o not guarantee actual job growth.
COURSES UNDER BUSINESS & ECONOMICS
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