The notion of management can refer to the structure, operation and performance of an entity. A company, on the other hand, is an organization that is dedicated to developing productive or commercial tasks with the objective of obtaining economic gains.
The business administration, in this way, is linked to the management of this type of organization. It is a set of precepts, rules and practices that seek to optimize the use of resources so that the company achieves its objectives.
It is important to note that business administration can be viewed as a science. In fact, it is a university degree that is linked to economics and whose graduates become graduates. Graduates in Business Administration, in this framework, apply their knowledge to make a company run efficiently.
Among the subjects studied by those who carry out the career in question are mathematics, microeconomics, financial accounting, history of economics, statistics, introduction to law and introduction to marketing, tax systems, management and cost accounting, the theory of money and banking…
In recent years, there has been a notable increase in the number of students who make the decision to pursue a career in Business Administration. They do it for a series of interesting reasons, in addition to their own vocation, such as the following:
- It gives them the opportunity to access a professional sector with enormous possibilities for the future.
-It will allow them to get a job in both the public and private spheres.
-It will help them to start their own business.
-All this without overlooking either that they will also have the opportunity to teach in business schools and even in universities.
Sin lugar a dudas, las enormes salidas profesionales son las que más incentivan a muchos jóvenes a decantarse por esta carrera universitaria. Y es que tener el grado de Administración de Empresas les va a permitir ejercer un puesto laboral en áreas como estas dentro de una compañía:
-Auditoría, tanto financiera como operativa.
-Recursos humanos, seleccionando nuevos empleados y gestionando la plantilla existente para poder conseguir la motivación necesaria en pro de la compañía.
-Consultoría.
-Marketing, para poder crear la pertinente imagen de marca de la empresa.
-Finanzas y compras.
Running a business requires, as a starting point, setting goals. Based on these goals, the process of organizing resources (financial, human, etc.) begins so that the entity can achieve its purposes. Due to the multiplicity of factors that intervene in the operation of a company, its administration requires an important work of coordination and communication.
The planning (setting goals and deciding how to try to achieve them), the organization (the provision of resources towards planning), the direction (the application of resources) and monitoring (to verify that the provisions is fulfilled) are the pillars of business administration.