Business & Management Studies is concerned with the way a company or organisation operates and functions. This can include the financial, administrative and marketing aspects of the business.
Courses can include business studies, human resource management and management studies.
What Is Business Administration?
Business administrators deal with the efficiency of a company’s day-to-day operations. Students who pursue a degree in business administration learn about effective forecasting, strategic planning and research, and entrepreneurship. These abilities are crucial to success in a fast-paced business environment and offer graduates the opportunity to make critical, far-reaching decisions for their companies.
What Is Business Management?
Business administration and management both involve directing the operations of an organization. Students who train in these fields may be exposed to ideas including finance and economics, the functions of human resources, and how to apply statistical analysis to better guide the long-term plans of an enterprise. However, as the size of a company grows, the responsibilities of each role diverge into more specialized areas.
Enterprises tend to rely on business managers to deal with issues such as managing teams and dealing with interpersonal issues. The human-centric nature of a business management degree usually appeals to students who are better at communicating face to face with others. To this end, conflict resolution and diplomacy form core elements of a future business manager.
