Business Administration Websites

Taking the initiative to start your own business is both a risk and an adventure. It is a risk because a person cannot actually predict the future of a business. Will it fail? Will it become a success? Will my product or service eventually become a household name? One can never say.

Starting a business is also an adventure because, along the way, a person gets to try his hand at things in completely new territory. He meets new people, faces new challenges and gets hands-on experience while playing the field. More often than not, one of the important factors that make or break a business is management.

Management is also known as business administration. Oftentimes, when a person refers to management, he is actually referring to the governing body that makes the business run. This governing body could be composed of just one person or it could be a group of people.

Business administration has five functions: planning, organizing, leading, coordinating and controlling. These five functions are also the five essential roles that management assumes to successfully operate a business.

So how does a person manage his own business? There are many ways. Business experts and gurus have created helpful websites for people who would like to know more about business administration. These business administration websites may simply provide you with written data on the basics of management. On the other hand, some information can come to you via impressive ways, like a thoughtfully designed PowerPoint presentation.

Using business administration websites to learn more about the efficient management of businesses is a fairly good deal for you. The information is available right at your fingertips. Also, access to such information becomes inexpensive because you do not have to invest in a variety of business administration books.

If you are planning to start your own business or are in the dark regarding how you can maintain the good performance of your business, try searching the Internet. There are a number of business administration websites where you will find a trove of useful information. These websites offer different approaches on the how-to’s of the whole business scheme.

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Top Business Administration Schools

Top business administration schools offer their students advanced management education, including advanced knowledge relating to professional business designations. This essential objective is carried out by giving significance to the development of an individual’s career. It also takes into consideration the functional business knowledge that is required by an individual to succeed in the management career. At the same time, students are given a chance to expand in-depth dedicated knowledge in any selected field.

Many individuals after graduation prefer to earn a degree or masters in business administration (MBA) to enhance their managerial skills and increase business proficiency.

According to many opinions, Harvard is considered the best university for obtaining an MBA. An MBA degree earned from this university can provide a high profile and good paying job. Many top MBA schools may offer joint degrees as well. This means that students can specialize in two streams simultaneously such as marketing and information technology.

Duke University, University of Phoenix, and Malaspina University are some other top universities that offer MBA degrees and diplomas. The Australian University of Management is also a well-known university; it offers business administration degrees relating to finance, marketing, and information technology.

Some business schools allow students full-time or part-time schedules as per their preferences. This enables the students to accommodate work or personal demands without having to give up on their education. However, it is highly recommended that students concentrate on this degree, as it consists of a comprehensive and vast curriculum. The assignments and projects that are handed over to the aspiring MBA’S can at times get extremely strenuous and tedious.

Top business administration universities such as Nan yang business school situated in Singapore offers a modern and career-oriented MBA programs. These top business schools strike the right equilibrium between practical knowledge and theory, in the complete development of managers to run organizations.

Several websites are dedicated to assist individuals in queries related to decide on the top business administration schools. They facilitate search for schools by location, degrees offered, and subjects included in the curriculum. These business schools also offer their prospectus online so students planning to pursue a management degree can scan through all the details.

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Business Administration Schools

This job is all about giving service to business. Working in business administration includes organizing staff; making sure the business where you work is running smoothly, and basically being the mediator between staff and upper management. Education in business administration can also prepare you for a management position, as well as running a business yourself.

Some of the titles associated with education in business administration include: general manager and company secretary. The general manager or company secretary would report to the corporate board of directors ultimately and their direct supervisor would be the executive level of management. Education in business administration coupled with job experience can prepare you to obtain positions in executive management, as well as be one of the corporate board of directors.

In these roles, you can make anywhere from $100,000 CDN plus. The starting salary of a general manager of a company or secretary is usually about $50,000 CDN.
Sometimes, business administration work is viewed as the people who look after the bureaucratic or operational functions within a business. This can include repetitive office tasks that are suited for some people. It is consistent and steady work for those looking for a firm and secure foundation for the future.

Some of the duties a business administrator would perform include:

Mapping out short-range and long-range goals for the company or institution

Some human resources work such as choosing whom will fill positions within an organization may be included, as well as delegating tasks to existing staff

Leadership skills are also required since business administrators are often lending ideas to further the development of an organization

Business administrators also deal with budgetary concerns

Business administrators may also be involved with the external and internal communications within the organization

If you are looking to reach the executive levels and/or board of director positions within an organization, in today’s competitive job market, having a master’s in business administration could help a great deal.

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Careers With a Business Administration Degree

Are you a natural leader and a gifted communicator? Do you have excellent analytical and logical ability? Are you a people’s person with above average interpersonal skills? Have you won awards or accolades for your organizational expertise? If your answer to all the above questions is a resounding yes, then you may be the ideal candidate for a Business Administration degree.

While traditionally a Business Administration degree was the exclusive reserve of the crème-de-le-crème of the corporate world, that’s no longer the case.

The biggest indicator of the fact that business education is no longer the right of a privileged few is the availability of this degree at Bachelor’s level. The assumption is that the prospect may not have the relevant experience or exposure to the industry but has the drive to learn and make it big in the business world!

A Bachelor’s of Business Administration degree is a typical four-year program that will prepare graduates for entry-level managerial roles in various business fields depending on their interest and area of specialization. Here’s an overview of some of the possible careers with a Business Administration degree:

Sales and Marketing: Although often spoken in the same breath, sales and marketing are actually two divergent fields of business. Broadly speaking, the primary objective of a sales manager is to sell a product or service to the target consumer. Developing sales strategy, training and mentoring sales reps, and setting and reviewing sales targets are some important duties of a sales manager.

The core job of a marketing manager, on the other hand, is to drive the strategy for first identifying what people need, working with the product development team to develop the product with desired features, pricing it correctly, and then promoting the product (or service) amongst its target audience.

Human Resources: This branch of business is focused on the most valuable asset of an organization, namely, its people. Human resources management involves recruitment and management of an organization’s employees and includes activities such as staffing, establishing company policies, managing employee benefits and compensation, dealing with performance issues, working on employee training, benefits, and motivation programs, etc. Administration skills combined with a “people’s” personality can make one an excellent human resources professional.

Financial Services: One of the most lucrative careers with a business administration degree is that of a financial manager. According to the Department of Labor, the duties of a financial manager include overseeing the preparation of financial reports, directing investment activities, and implementing cash management strategies. With a background in finance, you can find a broad range of employment opportunities in financial institutions like banks, insurance companies, credit unions, small businesses and large corporate houses, and state and federal agencies.

Accounting: Another career option you can explore with a Bachelor’s of Business Administration degree is that of a management accountant. Management or corporate accountants are the custodians of an organization’s financial health. Budgeting, cost accounting, asset management, financial reporting, financial planning, and tax planning are some of the responsibilities of a management accountant.

Real Estate: If you like to walk the road less traveled, real estate or property management is an interesting field of business you can explore. As a real estate manager, your clients will rely on you to manage the operations of a property and monitor its life-cycle from acquisition and utilization to maintenance and disposition. If you want to become a real estate manager, make sure your business administration program allows you to specialize in property management.

Health Services: Health service management is probably amongst the most rewarding careers with a Business Administration degree. The job of a health service manager is to take care of the administrative and business aspects of a healthcare unit to ensure the smooth delivery of primary patient care. Although a degree in healthcare administration ties in more closely with this field, those who have Business Administration degree with a concentration in healthcare administration may also qualify for the job of a health services manager.

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Learn to Lead with Business Administration Degrees

It takes more than a strong personality to be effective in business administration. To be a good leader, you have to be someone others will follow. Do you have what it takes to earn a business administration degree?

Follow the Leader

Simply put, those in business administration careers coordinate the administrative support services that allow organizations to operate efficiently. These services may include conference planning and travel, equipment repair and replacement, information and data processing, mail, materials scheduling and distribution, parking, payroll, printing and reproduction, records management, secretarial and reception, security, telecommunications management, and personal property procurement, supply, and disposal.

In order to effectively coordinate these administrative support services, business administration professionals must have excellent communication skills and the ability to work with and supervise all staff members. You’ll need to know each employee, and be able to allocate assignments and issue deadlines. Furthermore, you’ll have to make sure that work is being accomplished in a productive manner. This requires evaluating each administrative support staff member’s performance, which may include everything from the joy of recommending a promotion to the tough task of recommending a transfer, demotion, or dismissal.

Take the Lead With a Business Administration Degree

To pursue a business administration career, many employers require a business administration degree, or simply an associate or even a bachelor’s degree in business, management, human resources, or finance. Your business administration degree program may include courses in accounting, business law, business mathematics, computer applications, human resources, and office technology. A business administration degree at the master’s level is also encouraged.

The skills you’ll hone on your way to a business administration degree include teamwork, problem-solving, flexibility, and leadership, as well as determination, loyalty, poise, and confidence. You’ll also have the opportunity to master your ability to organize and coordinate work efficiently, set priorities, and motivate others — key to success in your business administration career.

Lead Me On

Office and administrative support supervisors and managers held 1.5 million jobs in 2004; jobs for those with a business administration degree are found in practically every industry. Median annual earnings of office and administrative support supervisors and managers were $41,030 in May 2004, with the highest 10 percent earning more than $67,800.

If you’d like to increase your business administration marketability, pursue the Certified Manager (CM) designation offered by the Institute of Certified Professional Managers of James Madison University. The CM program, which focuses on the application of practical skills and techniques, is composed of three modules: foundations of management, planning and organizing, and leading and controlling. Once you pass all three exams, you may use the Certified Manager title.

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