Business Administration VS Business Economics?

Denna Prudente: This Site Might Help You.RE:Business Administration VS Business Economics?I am studying in a community college and want to major in business. I want to transfer to UC. But then, most of them have business economics instead of Business Administration. They sound similar and they overlap in some sorts of way. What is the real difference between these two. What jobs can I......Show more

Marita Stadick: 1

Mozell Sponsler: Major: Business Administration/ManagementBe the boss’s boss. Or, at least, be a boss. And while you may not be the boss’s boss on day one, organizational gurus with stellar people skills and a head for business will flourish in business administration/management. Creating and perpetuating a successful business has always been a challenge. And in the only-the-strong-survive world of modern businessâ€"rampant with new, ever-advancing technologyâ€"managers need unshakable knowledge, top-notch training, and a serious set of skills! . Management, according to Penn State University, involves “the coordination of human, material, and financial resources to accomplish organizational goals.” A major in business administration/management will provide that goalâ€"focused training. You’ll get a thorough grounding in the theories and principles of accounting, finance, marketing, economics, statistics, human resources functions, and decision-making. You’ll come away a whiz on how to budget, organize, plan, hire, direct, control, and otherwise manage various organizations. As a major in business administration/management, expect to work in small groupsâ€"no room for wallflowers here. Count on problem-solving, theorizing, and math-heavy number-crunching, too. You’ll have your choice of areas in which to concentrate; many colleges and universities require you to focus on one, while others allow you to sample several. Options might include operations management, human resources management, and general man! agement. This major will also get you thinking about issues su! ch as diversity, ethics, politics, and other dynamics that play a role in every work environment. As a manager-to-be, you’ll also be required to develop a balance between sensitivity and fairness. You’ll need to be innovative, creative, and a good problem-solver. These qualities (and your winning personality) will put you on a path to successful management in any number of fields.Possible CareersAccountant/AuditorAdvertising Executive Bank Officer Bar/Club Manager Benefits Administrator Business Valuator Consultant Health Care Administrator Hospital Administrator Hotel Manager Information Manager Management Consultant Manufacturing Executive Market Researcher Marketing Executive Performing Arts Administrator Plastics Manufacturer Police Officer/Manager Power Plant Manager Production Manager Public Health Administrator Quality Control Manager Restauranteur Small Business Owner Sports Manager Venture Capitalist/ InvestorMajor: EconomicsQuick quiz: ! Suppose several producers of Your Favorite Product suddenly go out of business, causing a serious shortage of Your Favorite Product. Nonetheless, everyone still wants to buy the same amount of it. What will happen to the price of Your Favorite Product? If you predicted a price increase, you may have a knack for Economics: the study of the production, distribution, and consumption of goods and services. More broadly, Economics is the study of how individuals, businesses, governments, and societies choose to spend their time and money, and otherwise allocate their resources. Even more broadly, Economics is the study of choices. When the federal government decides to allocate a certain part of national budget to military spending and another part to funding for the arts, that decision and its consequences is Economics. Similarly, when you decide to buy a CD instead of a fancy new shirt (or watch Nick at Night instead of MTV, or take the bus instead of your car) that's Economic! s, too.Knowledge of Economics is an invaluable component of any liberal! arts education, not to mention an indispensable tool for making sense of the intricacies of the modern world. It is also excellent preparation for a future in business, as well as for graduate studies in law, public policy, and international studies.Possible CareersAccountant/Auditor Actuary Attorney Bank Officer Bookkeeper Buyer Corporate Lawyer Diplomat/Foreign Service Officer/Specialist Economist Insurance Agent/Broker Investment Banker Labor Relations Specialist Management Consultant Market Researcher Marketing Executive Researcher Small Business Owner Statistician Stockbroker Trader Venture Capitalist/ Investor...Show more