Business Administration

Categories: SCHOOL OF BUSINESS
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About Course

A business administrator is a professional responsible for overseeing and managing various aspects of a company’s operations. Their role involves implementing effective strategies, policies, and procedures to ensure the smooth functioning of the organization.

The specific responsibilities of a business administrator can vary depending on the size and nature of the company. However, some common duties include:

  1. Strategic Planning: Developing and implementing long-term goals and objectives for the organization, considering factors such as market trends, competition, and financial performance.
  2. Financial Management: Monitoring and managing the company’s financial resources, including budgeting, financial reporting, and ensuring compliance with financial regulations.
  3. Operations Management: Overseeing day-to-day operations and ensuring efficient processes across departments. This may involve optimizing workflow, managing resources, and identifying opportunities for improvement.
  4. Human Resources: Handling personnel matters such as recruitment, training, performance evaluation, and employee relations. Business administrators may also be involved in developing and implementing HR policies and procedures.
  5. Risk Management: Identifying potential risks to the business and implementing strategies to mitigate them. This may involve assessing legal and regulatory compliance, cybersecurity, insurance, and other areas of risk.
  6. Business Development: Identifying growth opportunities and developing strategies to expand the company’s market presence. This could include exploring new markets, forming partnerships, or implementing marketing initiatives.
  7. Stakeholder Management: Building and maintaining relationships with key stakeholders, including clients, investors, suppliers, and employees. Effective communication and negotiation skills are crucial in managing these relationships.

In summary, a business administrator plays a vital role in managing the overall operations and ensuring the success of a company. They need to possess strong organizational, analytical, leadership, and communication skills to handle the diverse responsibilities involved in running a business efficiently

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What Will You Learn?

  • Business Management:
  • Financial Management:
  • Human Resources Management:
  • Marketing and Sales:
  • Operations and Project Management:
  • Strategic Planning and Decision Making:
  • Risk Management and Legal Compliance:
  • Leadership and Communication:
  • Entrepreneurship and Innovation:

Course Content

Introduction to Business
An overview of the business environment, including the different functional areas of business, business ethics, and social responsibility.

Principles of Accounting
Introduction to financial and managerial accounting, covering topics such as financial statements, budgeting, and cost analysis.

Microeconomics and Macroeconomics
Study of economic principles at the micro and macro levels, including supply and demand, market structures, fiscal policy, and monetary policy.

Business Statistics
Introduction to statistical concepts and techniques used in business decision-making, including data analysis, probability, and hypothesis testing.

Business Communication
Development of written and oral communication skills in a business context, including business writing, presentations, and interpersonal communication

Principles of Marketing
Introduction to marketing concepts, market research, consumer behavior, product development, pricing, promotion, and distribution strategies

Organizational Behavior
Study of individual and group behavior within organizations, including motivation, leadership, communication, and organizational culture.

Financial Management
Overview of financial decision-making, financial analysis, budgeting, capital budgeting, and risk management.

Operations Management
Study of managing production and operations processes, including process analysis, quality management, supply chain management, and operations strategy.

Human Resource Management:
Introduction to HR functions such as recruitment, selection, training and development, performance appraisal, compensation, and employee relations

Strategic Management:
Examination of strategic planning, competitive analysis, industry dynamics, and the development and implementation of business strategies.

International Business
Overview of global business environments, international trade, multinational corporations, and cross-cultural management.

Entrepreneurship:
Exploration of entrepreneurship and small business management, including opportunity identification, business planning, financing, and growth strategies.

Business Law and Ethics
Study of legal and ethical issues in business, including contracts, business organizations, employment law, intellectual property, and corporate social responsibility.

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