What is the difference between business administration vs. business management? On the surface, the two degree paths are similar: both are four-year degrees, both are offered by many major accredited universities, and both are popular among undergraduate students. However, look a little closer and you can see there are important differences between the two business options.
While both degrees offer a foundation in the basics of business, they each have a different emphasis. For starters, a Bachelor of Science in Business Management (BSBM) degree focuses on business management. Coursework may include business communication, basics of accounting, and management theory. On the other hand, a Bachelor of Science in Business Administration (BSBA) can have different specializations. Students can focus on more practical applications of business, such as finance, marketing, economics, and operations. While business theory is taught, students of BSBA programs also learn the tangible skills that drive business management, leadership, and ethical decision-making.
Students considering the differences between business administration and management should consider an online bachelor’s degree in business administration from Maryville University.
What Is Business Administration? Before looking into a business degree, individuals should understand the definitions of business administration and management. In smaller organizations, the roles may not differ greatly. However, despite the tendency to lump business administration and management into a single category, they each are distinct in their own right.
Business administrators deal with the efficiency of a company’s day-to-day operations. Students who pursue a degree in business administration learn about effective forecasting, strategic planning and research, and entrepreneurship. These abilities are crucial to success in a fast-paced business environment and offer graduates the opportunity to make critical, far-reaching decisions for their companies.
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What Is Business Management? Business administration and management both involve directing the operations of an organization. Students who train in these fields may be exposed to ideas including finance and economics, the functions of human resources, and how to apply statistical analysis to better guide the long-term plans of an enterprise. However, as the size of a company grows, the responsibilities of each role diverge into more specialized areas.
Enterprises tend to rely on business managers to deal with issues such as managing teams and dealing with interpersonal issues. The human-centric nature of a business management degree usually appeals to students who are better at communicating face to face with others. To this end, conflict resolution and diplomacy form core elements of a future business manager.