Tag: Business Administration

As our economy continues to change rapidly, there has never been a greater demand for developing and maintaining successful businesses than now. Its a ruthless world out there and only the strong survive but to manage to do so requires individuals with strong skill sets, world-class training and a knowledge base that is far reaching. A major in business administration will provide just the goal-focused curriculum and training required to excel in such ventures. Most business administration degrees prepare students with a firm grounding in the principles of finance, marketing, economics, accounting, statistics, problem solving, human resources and decision-making. If you are looking to major in Business Administration, be aware that this is not the stream for introverted people who prefer to work alone. The field demands a go-getting personality who thrives in stressful situations, works well in a group, and can listen well as well as delegate with authority.

Business administration includes a great deal of problem solving and number crunching as well, so, proficiency for math is always an asset. Many colleges offer Master, Bachelor and Associate Degree in Business with a general knowledge base and the ability to specialize in a particular area of your choice. Such programs encourage students to think about a wide range of issues from politics to ethics, sensitivity, innovativeness, creativity and other dynamics. A degree in business administration will therefore help you develop and master these skills and abilities. You can then decide which areas of specialization would most interest you and apply the strategies and theory you have learned to your field of choice. Business administration equips you to enter a wide variety of careers with a degree that is recognized and valued by companies the world over.

Business administration skills are required in most careers. From public sector organizations to charities, the government to law, industry to media, commercial and financial organizations as well as small and big businesses, the skill sets and training provided by a business administration degree would always be an advantage. A Bachelor of Business Administration provides graduates with employment opportunities in accounting, advertising, banking, brokerage, insurance, management, marketing, human resources, public relations, retail, sales, stocks and shares, IT, and self-employment.

Choosing a degree in business as a major is not a decision to be taken lightly. As a major investment of time, effort and money, make sure that you are definite about your career plans and course of action. Business degrees are excellent ways for some to get their careers back on track as well. Equipped with such a degree, your negotiating power in an organization improves drastically and you can aim for higher positions as well as an increase in your earning potential. For those in non-business careers, a business degree is also useful. For fields such as education, healthcare, media and engineering, a business degree provides you with managerial skills and leadership training to help you advance in your current career of choice. While there is never any guarantee of success with any degree, business or otherwise, it is a sound investment in yourself and your future prospects as long as you put in the time and effort necessary to make the most of the experience.

Although the concept of a Business Administration qualification seems fairly recent, the first business school opened in the early 19th century, and by the mid-20th century numerous schools in Europe were offering qualifications in business. With the first program launched in Barcelona in 1959, students studying todays Bachelor of Business Administration in Barcelona can benefit from the citys 60-plus years of experience in this area.

Business Administration itself is very diverse. Generally speaking, it consists in effectively managing a business and helping it to grow and achieve more, whilst ensuring growth is achievable, realistic and that stability is maintained in the company. More precisely, there are many different sides to business administration and studying a Bachelor of Business Administration in Barcelona can give you not only all-round knowledge of these areas (useful in todays job market where many find themselves performing multiple roles, or transferring to other departments), but can allow you to specialize in an area you find particularly stimulating.

So what exactly is Business Administration when broken down? Henri Fayol, an engineer born in 1841, who is best-known for his General and Industrial Administration, based on his own management experiences, is seen as a trailblazer in defining business administration. He defined 5 primary functions of management, or Business Administration:

Planning and Forecasting

Organization

Direction

Coordination

Feedback

We can see how these principles have influenced business management today by equating these management functions to departments in all areas of modern businesses, such as Operations, Logistics, HR. Marketing, Economics, and of course Management. Thus it can be seen that Business Administration is a key part of most areas of company management.

Now that we have seen how key Business Administration is to companies operating today, there still remains the question of what you will learn when studying for a Bachelor of Business Administration in Barcelona. Course contents vary depending on the institution but at GBS the emphasis is on innovation and preparing you to work in global business, as well as equipping you with the basic core business concepts everyone needs in order to be successful in business. This international focus not only prepares you to work in markets as diverse as Asia, Europe and Latin America, but as you will be studying with students from all over the world, you are sure to gain much cultural sensitivity and learn from interactions with students from all over the world!

In addition, the Bachelor of Business Administration in Barcelona (or BBA for short) allows you to study modules in global Communications, Marketing, Management and Entrepreneurship. It also allows you to take elective modules in areas of particular interest, such as the study of markets you may be less familiar with. What is certain is that Business Administration embraces all areas of corporate activity, and studying a Bachelor of Business Administration in Barcelona is one of the best ways to increase your adaptability, cultural knowledge and to improve your future career prospects.