Management-focused business degrees are called Bachelor of Business Management (BBM) or Bachelor of Science in Business Management (BSBM) degrees. Business Management – Duales Studium zum Bachelor of Arts (B.A.) Often, when students study business administration, they are hoping to learn more about business as a whole to determine which specific business role they would like to pursue. Their main goal is to determine what effectively sells a product and how their company can market it. In short, a degree in Business Administration concerns a broad business spectrum, with emphasis on a specialized area of business, whereas a business management degree concerns planning and organization aspects of a business. Now, let’s learn what they are all about in detail: They will train, challenge and motivate employees to meet quotas, engage with potential customers and will assist with any sales challenges. A good and disciplined administration combined with efficient management are the prerequisites for running a profitable business and giving it annual growth. GCU’s business administration degree offers a broader range of options in reference to possible career paths. National average salary: $75,165 per year. Business Administration. In addition to studying specialties within the business field, business management students will also study subjects that will help increase their leadership skills. National average salary: $74,914 per year. Dabei haben sie allerdings sehr gute Aufstiegschancen. Sowohl BWL als auch Business Administration sind geeignete Studiengänge für Menschen, die später in einem Unternehmen arbeiten möchten. An MBA degree is highly coveted, preparing students to take up … Business administration focuses on keeping a business running smoothly and efficiently in all aspects, from finance and marketing to strategic planning. Below are the following careers you can pursue after receiving a degree in business management. Their main goal is often to work with leadership to determine what their budget is and what it should be spent on. What’s the Difference Between Healthcare Management and Healthcare Administration? Deg… Business Management vs. Business Administration: Specializations. If there is any distinction between the two degrees, it will be the broader scope of Business administration, as it concerns itself with the management and performance of the operations of a company. When studying business administration, students will often learn about the overall business subjects. It’s often important to know the difference between each business career to learn which best suits your skills and abilities. National average salary: $48,541 per year. National average salary: $62,321 per year. We share information about your use of this site with our social media, advertising and analytics teams who may combine it with other information that you’ve provided to them. They may often learn about how businesses are run, how they operate, how to develop growth strategies and how to market a business. Many people who pursue business administration will have an interest in a specific department within the business field. This even goes for management degree programs that are focused intently on the management proficiency. Accountants will often strategize and recommend changes to leadership that benefits the company and helps them manage proper spending habits. The views and opinions expressed in this article are those of the author’s and do not necessarily reflect the official policy or position of Grand Canyon University. Once you’ve earned your bachelor’s degree, you may decide to further enhance your qualifications for high-level positions by earning a graduate degree. For example, a business might have a team dedicated solely to managing its operational budget and a department that manages its marketing campaigns. Post a Job on Indeed.com. This role often consists of people who are strong leaders, strategy-driven and who have effective communication skills. One of the main goals of business management employees is to learn the responsibilities of each of their employees as well as how to lead and supervise them. Business management students will often participate in events that help them develop management and leadership skills. Post a Job on Indeed.com. When most people hear the word “stewardship,” they immediately think of money. Easily apply to jobs with an Indeed Resume, Active Listening Skills: Definition and Examples. After studying business administration at Mainz University with majors in finance and corporate management, Stefan Kuhl initially worked as a controller, head of finance and ultimately CFO for companies such as T-Mobile Int. Business Administration vs. Business Management: What’s the Difference. At a high level, a degree in business management typically focuses on the more authoritative aspects of business while business administration degree programs are usually broader in scope than business management degree programs and may encompass management functions. Building off that content, part two focuses on stewardship through the lens of... Money. You can assign them either admin or employee access. You can set professional and personal goals to improve your career. Business administration employees have the opportunity to work in leadership roles for certain departments due to their hands-on work in their desired department. First-line supervisors of office and administrative support; Business management programs often lead to a bachelor’s degree or higher, depending on the student’s completed credential level. Der Studiengang stellt praxisnahe und anwendungsorientierte Inhalte aus dem Bereich der Betriebswirtschaftslehre ins Zentrum. Business Engineering has pretty much the same program, with slight differences in courses depending on the university. GCU’s bachelor of business administration prepares students for opportunities in small business development and management, entrepreneurship and project management. The distinction between administration and managementmight seem small, but it can be important. The information on this site is provided as a courtesy. However, this specialization tends to take a broader view of the company, with an emphasis on the human element. For more information on our cookie collection and use please visit our Privacy Policy. This guide can help you understand what business administration and management are as well as what career is best suited for each business category. In contrast, business management looks to the outside. They will often create strategies to enhance the sales team’s efficiency and will act as a team mentor. However, the focus will be on the human element of business and organizational management. National average salary: $52,867 per year. Du beschäftigst Dich dadurch schon als Student mit den konkreten Fragestellungen, die Dich im späteren Beruf erwarten. Kurze Vorstellung worum es in BWL und Business Administration geht. Most programs, whether they're management or administration-focused, will offer some sort of specialization that students can choose from. Organizational design, change and development are also key topics for aspiring business managers. Bashkatova says business management tends to refer to align with roles that make business-growth decisions from a bird’s-eye view of the organization. Before you choose the major that’s right for you, consider talking to an academic advisor to ensure you fully understand what the curriculum involves and which jobs you might pursue upon graduation. These various choices allow you to familiarize yourself on areas that might personally interest you. This specialization focuses on the structure of the organization. In any business venture the collective responsibility of the personnel running it, is to make it profitable and work with a common goal of giving it an annual growth. If you decide to pursue a BS in Business Management, you can expect to study business finance issues. In part one of this two-part blog, we examined Learning as Stewardship. You can earn your MBA online at GCU, with multiple specializations available. S the Difference between Healthcare management and business administration are given a broad overview of the organization increase the performance... 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