What is Business Administration?
Business administration is an area of Business Science that deals with the economic management of businesses. It is the process of organizing the business’s personnel and resources to meet business goals and objectives.
These processes include human resources, as well as operations management, financial management, and marketing management.
Business administrators are employed to oversee the financial aspects of a business, to help it grow financially with debts and other financial crises but for the sole aim of making profits all year round.
What 3rd level courses are available?
Universities and colleges in Ireland are offering courses in Business Administration in the following subject areas:
- Business Administration Skills – Study the skills, knowledge, and competence in the administrative requirements of a range of organizations to enable them to operate effectively in an administrative support role.
- Business Administration Diploma – Gain the knowledge and skills you will need to work in a business administration role and to develop your expertise in areas such as business communication, administration, delivering presentations, and presenting business data.
- Masters of Business Administration – This MBA degree covers all major business disciplines including marketing, strategy, finance, and human resource management developing practical and theoretical business leadership skills.
- Business Administration with Digital Skills for Work – The main aim of this programme is to equip the learners and future workers in the community and/or business organizations with the knowledge, skills, and ability in business administration and digital skills so they can gain employment or develop professionally in an administrative role.
- Business Administration Skills – This course is designed for people who wish to work in the Business, Finance, Administration, and Marketing sectors.
Studying Business Administration
Many courses in Business Administration may take place over a few days, weeks, or even 1 year to 4 years depending on the course and modules selected. There are also part-time courses and night courses available so you can be sure to fit in your studies no matter what your schedule is like.
Courses will cover theory work through lectures, assignments, tutorials, and taught modules. Assessments will take place continuously with written examinations and practical assignments combined to achieve a qualification. You could also consider work experience or a work shadow in the industry. There are many opportunities in this area of work, so you shouldn’t find that competition is a problem. However, certain companies and areas of employment may be more competitive than others.
Relevant work experience is a good way of demonstrating a genuine interest in the field and is regarded favorably by employers. Work Experience will not only allow you to obtain a deeper knowledge and understanding of the industry, but it will also give you a chance to do some essential networking with other industry professionals and gain valuable contacts for the future.
Career options
After completing a Business Administration course you will be able to get started in a career that uses specific knowledge of business, management, finance, and human resource management.
Business administration is the supervising and overseeing of business operations. A career in this field is likely to involve working in many different aspects of a company, from business research to economics and finance. You’ll carry out a range of tasks such as managing finances, analyzing data and market trends, and developing policies to increase business operations’ efficiency.
Business administrators find work in a variety of sectors, including Government agencies, Real estate firms, Hospitals, schools and banks, Distribution centers and transportation agencies, Non-profit organizations, and Manufacturing industries.
The nature and variety of the work you undertake will vary according to the size of the business you work for. Large organizations may provide more routine work but could offer more scope for promotion and experience in other departments.
Some small businesses may expect you to perform a very traditional administration function, but others could give you extra responsibility if they only have a small staff, which could provide additional, useful experience.
Working hours will depend on whether you are employed by a company with set business hours or if you are contracted to various businesses or companies. A working week typically ranges between 35 to 40 hours, with the working day usually taking place between 8 am and 6 pm.
Related jobs include:
- Business adviser
- Business analyst
- Credit controller
- HR administrator
- Business development manager
- Management consultant
- Chartered management accountant
- Project manager
- Supply chain manager
- Bid writer
- Bookkeeper
- Registrar
- Actuarial analyst
- Arbitrator
- Corporate investment banker
- Data analyst
- Data scientist
- Forensic accountant
- Insurance underwriter
- Risk manager
- Stockbroker
Further study
After completing a course in Business Administration you may choose to pursue further study in a specialist field to increase your knowledge base and skill set. Postgraduate study can also be used as a means to change career focus or to gain professional qualifications required to practice in certain career areas such as business or management, business with languages, government or public administration, accountancy, or the law.
FAQ
What is the importance of Business Administration?
A key benefit of studying business administration is that it serves as an introduction to the real world of business. You will learn from experienced professionals in their fields about the most up-to-date practices and tools and gain valuable knowledge and experience.
What skills could be helpful for a career in Business Administration?
For a career in Business Administration you will typically need to have some experience or knowledge in the following:
· Strong organizational skills
· Presentation skills and attention to detail
· The ability to plan your work, use your initiative and meet deadlines
· The ability to manage pressure and conflicting demands, and prioritize tasks and workload
· Oral and written communication skills
· Tact, discretion, and respect for confidentiality
· Team working ability
· Reliability and honesty
· Project-management skills
Where can I study Business Administration?
Explore your options here
Did You Know?
· An estimated 85% of positions related to business management prefer or require a bachelor’s degree.
· There are 31.7 billion small businesses in the United States. The average lifespan of a small business is 8 ½ years.
· More than 70% of customers surveyed believe small businesses are more concerned about their needs than larger companies.
· The most entrepreneurial countries per capita are Uganda 28.1%, Thailand 16.7%, Brazil 13.8%, Cameroon 13.7% and Vietnam 13.3%. There are no developed countries in the top 25 most entrepreneurial countries, likely because in developing countries people tend to see more opportunities to start a venture than in developed countries.
· 69% of entrepreneurs started their business from home. The average number of businesses started by an entrepreneur is two.
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