business Administration

WHAT IS BUSINESS ADMINISTRATION?

Escrito por luisjcordova 06-07-2015 en defined. Comentarios (0)

Administration can be defined as the process of organizing resources efficiently to accomplish a goal. Business administration is the application of this process to a formal organization. An associate degree in business administration provides the foundation for a management career in many different industries. A business manager may have a wide variety of responsibilities depending on the organization they are employed with. However, there are some universal functions all business administrators engage in. These include planning, organizing, staffing, directing, controlling and budgeting.


What does a business administrator do?

Escrito por luisjcordova 06-07-2015 en admin02. Comentarios (0)

In business, day-to-day operations are as important as long-term plans for the future. A career in business touches on information technology, leadership dynamics and increasingly on ethics and international relationships. There’s incredible room for growth in the field. When you find the right "fit," you’ll find that working your way up the ladder may be both challenging and rewarding. Plus, skills you acquire in one capacity will translate into others as your career path evolves. 

Many top business executives will get their start working in office administration or in hospitality, retail, sales or operations management. Executives and administrators work in every industry, from one-person businesses to firms with thousands of employees.


On the job, business administrators:

Establish and carry out departmental or organizational goals, policies and procedures

Direct and oversee an organization's financial and budgetary activities

Manage general activities related to making products and providing services

Innovate by applying new technologies in the workplace

Consult with other executives, staff and board members about operations

Negotiate or approve contracts and agreements

Appoint department heads and managers

Analyze financial statements, sales reports and other performance indicators

Identify places to cut costs and to improve performance, policies and programs 




What career paths can I take in business administration?

Escrito por luisjcordova 06-07-2015 en admin. Comentarios (0)

With a bachelor's degree in business administration, you'll qualify for an array of leadership positions and other advanced roles in private, public and nonprofit organizations. You'll have the option to work across industries as a business analyst, human resources generalist, operations manager or marketing specialist. Some business administration graduates also venture into entrepreneurship, creating their own successful businesses from the ground up.

Your management opportunities increase exponentially with an MBA, the most popular degree awarded in business. Some job titles include corporate controller, executive director and independent consultant.

Those who wish to gain further education can pursue the Doctor of Business Administration, which takes three to six years to complete. Like a PhD, a DBA equips professionals with expertise in leadership and management principles, and a higher level of competence in conducting research. This advanced degree primes students for working in management at the senior-executive level, as well as in teaching and research at universities.

There are so many options for working in business administration, and so many ways to get your foot in the door, that motivated people can rise to the top and make lasting, positive contributions to business.

Here are some common types of top executives:

  • Chief financial officers
  • Chief information officers: 
  • Chief operating officers: 
  • Chief sustainability officers: 
  • General and operations managers: