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What Is Business Administration

1) Business administration involves managing various tasks related to running a company such as overseeing employees, day-to-day operations, goals and objectives, and organizing for effective operation. 2) The field includes areas like human resources, marketing, finance, accounting, and project management. Business administrators can work in various industries like hospitality, healthcare, technology and retail. 3) To work in business administration generally requires a bachelor's degree in business administration and higher level positions often require a master's degree in business administration or a related field.

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100% found this document useful (2 votes)
1K views

What Is Business Administration

1) Business administration involves managing various tasks related to running a company such as overseeing employees, day-to-day operations, goals and objectives, and organizing for effective operation. 2) The field includes areas like human resources, marketing, finance, accounting, and project management. Business administrators can work in various industries like hospitality, healthcare, technology and retail. 3) To work in business administration generally requires a bachelor's degree in business administration and higher level positions often require a master's degree in business administration or a related field.

Uploaded by

Emad Khattab
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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What Is Business Administration?

Working in business administration offers a wide variety of employment


opportunities. Gaining a better understanding of the role of business
administrators can help you determine if this is a career path you wish to pursue.
Professionals in business administration work in all different industries and
company types. In this article, we discuss what business administration is and the
types of jobs available in the field.

What is business administration?


Business administration is the administering of tasks related to running a
company. It may include managing employees, making decisions related to the
growth of the company, overseeing the day-to-day operations of a business,
directing staff toward common objectives and goals and efficiently organizing all
aspects of the company for effective operation. It is a wide field that includes a
variety of different positions. Nearly every type of business, from a small startup to
a major corporation, relies on administrative professionals to ensure success.

The field of business administration includes many areas of business, including


human resources, marketing, finance, accounting, project management, ethics
and global business. Learning more about all areas of running and managing a
business can help prepare you for success in an administration role. A business
administrator can work in hospitality, healthcare, technology, retail management,
sales or other related industries. Individuals with strong leadership skills, a
willingness to adapt and solve problems and excellent motivational skills often
succeed in business administration.

Business administrators often work in fast-growing atmospheres that require


careful attention to detail and a willingness to work hard to achieve success for the
company. A business administration position can be a high-powered career option
that allows for growth and success. In a business setting, a business administrator
is a vital member of the team, as they are responsible for many different tasks that
relate to the day-to-day operations and long-term goals for growth and
sustainability.

What do business administrators do?


A business administrator is responsible for the overall administration of an
organization. Administrating a business often includes several tasks and
responsibilities, which can vary based on the industry and needs of the
organization. For example, a business administrator working for a hospitality
company may have different responsibilities than an administrator who works in a
corporate office setting.

Some of the most common tasks related to managing the day-to-day operations of
a business include:

 Managing staff, including hiring managers and department heads


 Organizing and overseeing departments and divisions
 Establishing goals, procedures and policies for individual
departments and the business
 Motivating and training employees
 Overseeing and directing budgetary and financial activities
 Managing activities related to the products or services offered by
the business
 Consulting with other executives, board members and staff
 Analyzing sales reports, financial statements and other key
performance indicators
 Identifying areas of improvement in policies, programs and
performance
 Applying new workplace technologies
 Studying market and economic trends
 Implementing business ethics principles and ensuring they are
followed
 Developing strategies to improve processes

To succeed in business administration, an individual must be willing to lead


members of an organization with confidence. Business administrators should be
motivational, inspirational and ready to take on new challenges that arise as the
needs of an organization shift. The field of business administration also has a
heavy emphasis on business ethics, as well as an increasing focus on international
relationships and global business activities.

Business administration educational requirements


Many business administrators work at the executive level, which requires an
advanced degree. To pursue this career path, you will need to earn a bachelor's
degree in business or business administration. In an accredited business
administration bachelor-level program, you will likely take courses in
communication, accounting, marketing, information technology, strategic
planning, finance, resource management, organizational leadership and business
ethics.

You may be able to find entry-level positions in business administration with a


bachelor's degree. However, most higher-level positions will require a master's
degree. The most common option is a Master of Business Administration, which is
available at colleges and universities across the world. In an MBA program, you will
study common topics, including accounting, business strategy, operations
management, information systems, statistics, human resources management,
finance, marketing management, production, information systems and economics.
You will also choose a specialization, which will allow you to choose elective
courses that pertain to the career path you wish to pursue.

Other master's degree options include a Master of Accountancy, Master of


Finance, Master of Human Resources, Master of Economics and Master of
Healthcare Administration. You can further your education with a Doctor of
Business Administration degree, although this is usually only a requirement if you
want to consult for major corporations or teach in academic arenas. Many DBA
programs also require applicants to have extensive management experience.

Business administration jobs


Many different job opportunities are available to those who want to work in
business administration, including:

1. Hotel general manager


2. Human resources manager
3. Sales manager
4. Chief executive officer
5. Chief operating officer
6. Chief financial officer
7. Chief marketing officer

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