What is Business Administration Really?
In theory what is it? “An X-year guide in how to run and operate a business.” Most accredited universities and colleges seem to lump “business administration” as a big umbrella major with several concentrations ranging from finance to human resource to marketing to information systems. This has its advantages in that most if not all business students have to take a core that touches on all areas of business no matter what concentration they are in. However, it has an obvious drawback – uber broadness. It’s literally like saying all engineers should have a major called “Engineering” instead of calling them electrical engineers, civil engineers, mechanical engineers, etc. Generally, “business administration” breaks down to these categories, and their “usual” general theories: * Finance/Economics – how to maximize $$$, reduce losses, and manage money/capital * Human Resource – managing people effectively, hiring the right kinds of people and firing the dolts * Marketing – penetrate market
