What is business administration, and why is it important to learn?

Business administration is the integrated supervision and administration of all areas of an organization. This requires understanding business areas ranging from accounting to marketing to Human Resources (HR) and beyond, while also understanding how all these pieces fit together. The ability to see the big picture, set organizational goals, and align its people and resources accordingly is critically important to the success of any company. Today’s business administrators and managers must be adept at combining traditional leadership skills with a fluency in business analytics. The digital era has created a wealth of opportunities for data analysis of a wide range of business areas, including customer behavior, operations research, and employee performance, and executives must not only understand these analytics but also be able to prioritize their relevance to decision-making. Like business leaders of previous eras, however, they must also have the strong interpersonal skills needed to connect with their teams and motivate them to achieve company goals. And, perhaps more than ever, top executives need empathetic change management skills to be able to help their employees navigate the unprecedented challenges and economic disruptions of COVID-19.

What kinds of careers can I have with a background in business administration?

An education in business administration, and particularly a masters in business administration (MBA), can be a gateway to a wide range of careers in the world of business and finance. Understanding how organizational structures and operations impact with bottom-line business results is essential whether you have a managerial role within a company or are working as a financial analyst deciding whether or not to invest in a company. MBAs are a particularly important credential for chief executive officers (CEOs) in the corporate world, who are ultimately responsible for decision-making across all business activities. The willingness to make these often-difficult choices and guide companies successfully is one of the most highly valued skills in the job market; according to the Bureau of Labor Statistics , the median annual wage for chief executives was $184,460 in 2019.

Can I learn about business administration by taking online courses on Coursera?

Absolutely. Coursera enables you to take courses and Specializations covering all areas of business, including business administration and related topics in management and leadership. These courses are offered by top-ranked schools such as the University of Pennsylvania and the University of California, Irvine, so you can learn remotely while still getting a high-quality education. You can even apply for a full MBA program from the University of Illinois at Urbana-Champaign or Macquarie University, allowing you to get a degree from prestigious business schools at a significantly lower cost than on-campus students.

What Is an MBA degree?

A Masters of Business Administration, or MBA degree, is a graduate-level business and management degree with a focus on leadership and managerial skills. By earning this degree, you can equip yourself with the skills and knowledge to accelerate your career, transition to new industries, or even launch your own businesses. It’s the most common and one of the most versatile graduate degrees available. Read our article about an MBA degree to learn more.

What skills or experience do I need to already have before starting to learn business administration?

The skills and experience that would be helpful to already have before starting to learn business administration will likely include a passion for business, knowledge about business processes, and education experience toward an associate degree, a bachelor’s degree, or master’s degree. Other skills and experience might be the ability to work in business situations, handle pressure well, be a good listener, and be likable and agreeable. It may also help to have prior experience in project management or operations management.

What kind of person is best suited to learn business administration?

The kinds of people best suited for roles in business administration are usually those with a financial focus and an understanding of strategic operations and business analysis. Those who work in business administration are often people who have leadership capabilities, have a good grasp of accounting principles, and possess a calm, even-keeled temperament. People who are best suited for roles in business administration might be new graduates with a strong technology background as well. As more businesses shift their work practices toward digital efficiencies, someone who works in this area should likely have a capable technology background, with exposure to data sciences and internet operations.

How do I know if learning business administration is right for me?

You might know if learning business administration is right for you if you're a person who likes to use your knowledge about business processes and procedures to develop efficiencies for companies and organizations. You might have interest in helping companies and organizations on ways to improve management practices, lift employee morale, and increase your company’s communications. Learning business administration may be right for you if you are focused and disciplined to create a long-lasting business career. Learning the fundamentals of business administration will eventually produce a clear understanding of the financial fundamentals of any type of company.

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''business administration'的 326 个结果

Macquarie University
Global Master of Business Administration (MBA)
您将获得的技能： Leadership and Management, Entrepreneurship, Marketing, Strategy and Operations, Communication, Influencing, Business Psychology, Sales, Change Management, Resilience, Strategy, Human Resources, Business Analysis, Customer Analysis, Customer Relationship Management, Design and Product, Emotional Intelligence, Finance, Accounting, Adaptability, Cloud Computing, Conflict Management, Culture, Human Computer Interaction, Market Analysis, Market Research, Negotiation, Planning, Product Strategy, Research and Design, Small Data, Storytelling, Supply Chain and Logistics, User Research, Data Analysis, Data Analysis Software, Data Visualization, Data Visualization Software, Decision Making, Journalism, Leadership Development, Professional Development, Tableau Software
获得学位
Degree · 1-4 Years
University of Illinois
Master of Business Administration (iMBA)
您将获得的技能： Accounting, Leadership and Management, Entrepreneurship, Marketing, Finance, Business Analysis, Data Analysis, Strategy and Operations, Financial Accounting, Research and Design, Strategy, Sales, Taxes, Probability & Statistics, Communication, Financial Analysis, Business Psychology, Market Research, Management Accounting, Mergers & Acquisitions, Market Analysis, Investment Management, Statistical Programming, Data Management, Human Resources, Digital Marketing, Audit, Financial Management, Generally Accepted Accounting Principles (GAAP), Design and Product, General Statistics, Machine Learning, General Accounting, Python Programming, Culture, Marketing Management, Data Visualization, Banking, Customer Analysis, Organizational Development, Corporate Accouting, Regression, Basic Descriptive Statistics, Statistical Analysis, Business Development, Budget Management, Marketing Design, Supply Chain and Logistics, Creativity, Innovation, Leadership Development, Product Marketing, Business, Business Communication, Decision Making, Exploratory Data Analysis, Project Management, R Programming, Brand Management, Media Strategy & Planning, Risk Management, Forecasting, Conflict Management, Cost Accounting, Theoretical Computer Science, Collaboration, Operations Management, Accounts Payable and Receivable, Computer Programming, Media Production, Spreadsheet Software, Advertising, Product Lifecycle, Algorithms, Contract Management, Negotiation, Product Management, Critical Thinking, Data Visualization Software, Marketing Psychology, Regulations and Compliance, Machine Learning Algorithms, Advertising Sales, Plot (Graphics), Behavioral Economics, Big Data, Data Analysis Software, Entrepreneurial Finance, Software Engineering, Statistical Tests, Storytelling, Performance Management, Business Design, Data Structures, Databases, Inventory Management, MarTech, Adaptability, Data Mining, Human Computer Interaction, Influencing, Natural Language Processing, People Development, Product Strategy, Social Media, Software Testing, Supply Chain Systems, User Research, Change Management, Correlation And Dependence, Database Administration, Experiment, Human Learning, Mathematics, Probability Distribution, SQL, Statistical Visualization, Survey Creation, Agile Software Development, Bayesian Statistics, BlockChain, Business Intelligence, Business Process Management, Extract, Transform, Load, Graph Theory, Material Handling, Network Analysis, Operations Research, People Management, Planning, Problem Solving, Public Relations, Search Engine Optimization, Securities Sales, Security Engineering, Software Security, Web Design, Web Development, Cash Management, Customer Support, Estimation, Journalism, Microsoft Excel, Packaging and Labeling, Process Analysis, Product Design, Tableau Software, Visual Design, Algebra, Back-End Web Development, Computer Graphics, Data Architecture, Data Model, Data Warehousing, Econometrics, Emotional Intelligence, Employee Relations, Game Theory, Operating Systems, Other Programming Languages, Product Development, Scrum (Software Development), Systems Design, Virtual Reality
获得学位
Degree · 1-4 Years
University of North Texas
Bachelor of Science in General Business
您将获得的技能： Leadership and Management, Marketing, Human Resources, Leadership Development, Sales, Basic Descriptive Statistics, Correlation And Dependence, Entrepreneurship, Estimation, General Statistics, Probability & Statistics, Statistical Machine Learning, Strategy, Strategy and Operations, Critical Thinking, Product Marketing, Social Media, Writing
获得学位
Degree · 1-4 Years
University of Illinois at Urbana-Champaign
Master of Science in Management
您将获得的技能： Accounting, Leadership and Management, Entrepreneurship, Marketing, Finance, Business Analysis, Strategy and Operations, Data Analysis, Financial Accounting, Strategy, Sales, Research and Design, Taxes, Communication, Business Psychology, Financial Analysis, Probability & Statistics, Management Accounting, Mergers & Acquisitions, Investment Management, Statistical Programming, Human Resources, Market Research, Digital Marketing, Market Analysis, Audit, Generally Accepted Accounting Principles (GAAP), Data Management, Design and Product, Machine Learning, General Accounting, Python Programming, Culture, Marketing Management, Banking, Customer Analysis, Organizational Development, General Statistics, Corporate Accouting, Basic Descriptive Statistics, Business Development, Data Visualization, Statistical Analysis, Marketing Design, Budget Management, Supply Chain and Logistics, Creativity, Innovation, Leadership Development, Product Marketing, Business, Business Communication, Decision Making, Exploratory Data Analysis, Financial Management, Project Management, Brand Management, Media Strategy & Planning, Conflict Management, R Programming, Risk Management, Regression, Cost Accounting, Operations Management, Media Production, Spreadsheet Software, Accounts Payable and Receivable, Computer Programming, Theoretical Computer Science, Advertising, Collaboration, Product Lifecycle, Contract Management, Negotiation, Product Management, Algorithms, Forecasting, Critical Thinking, Data Visualization Software, Marketing Psychology, Regulations and Compliance, Machine Learning Algorithms, Advertising Sales, Plot (Graphics), Behavioral Economics, Big Data, Data Analysis Software, Entrepreneurial Finance, Software Engineering, Statistical Tests, Storytelling, Performance Management, Business Design, Data Structures, Databases, Inventory Management, MarTech, Adaptability, Data Mining, Human Computer Interaction, Influencing, Natural Language Processing, People Development, Product Strategy, Social Media, Software Testing, Supply Chain Systems, User Research, Change Management, Database Administration, Experiment, Human Learning, Mathematics, SQL, Statistical Visualization, Survey Creation, Agile Software Development, BlockChain, Business Intelligence, Business Process Management, Extract, Transform, Load, Graph Theory, Material Handling, Network Analysis, Operations Research, People Management, Planning, Problem Solving, Public Relations, Search Engine Optimization, Securities Sales, Security Engineering, Software Security, Web Design, Web Development, Probability Distribution, Cash Management, Correlation And Dependence, Customer Support, Journalism, Microsoft Excel, Packaging and Labeling, Process Analysis, Product Design, Tableau Software, Visual Design, Back-End Web Development, Computer Graphics, Data Architecture, Econometrics, Emotional Intelligence, Employee Relations, Game Theory, Operating Systems, Product Development, Scrum (Software Development), Systems Design, Virtual Reality
获得学位
Degree · 1-4 Years
University of North Texas
Bachelor of Applied Arts and Sciences
您将获得的技能： Leadership and Management, Marketing, Communication, Research and Design, Strategy and Operations, Human Resources, Leadership Development, Entrepreneurship, Business Analysis, Business Communication, Change Management, Critical Thinking, Sales, Survey Creation, Basic Descriptive Statistics, Business Psychology, Collaboration, Correlation And Dependence, Design and Product, Emotional Intelligence, Estimation, Feature Engineering, General Statistics, Human Computer Interaction, Machine Learning, Market Research, Organizational Development, Probability & Statistics, Project Management, Recruitment, Statistical Machine Learning, Strategy, User Experience, User Research, Accounting, Big Data, Data Management, Financial Analysis, Planning, Product Marketing, Social Media, Supply Chain and Logistics, Writing
获得学位
Degree · 1-4 Years
University of Colorado Boulder
Master of Engineering in Engineering Management
您将获得的技能： Theoretical Computer Science, Probability & Statistics, General Statistics, Algorithms, Data Management, Mathematics, Computer Architecture, Strategy and Operations, Databases, Leadership and Management, Communication, Hardware Design, Statistical Programming, Machine Learning, Operating Systems, Research and Design, Finance, Data Analysis, Computer Programming, SQL, Writing, Regression, Business Analysis, Data Structures, Project Management, Software Engineering, Business Communication, Probability Distribution, Database Design, Entrepreneurship, Computer Graphics, Computer Networking, Design and Product, Statistical Analysis, Statistical Tests, Accounting, Systems Design, Human Computer Interaction, Data Model, Database Administration, Database Application, Database Theory, Machine Learning Algorithms, Statistical Machine Learning, Estimation, Data Visualization, Problem Solving, Operations Research, Internet Of Things, Network Architecture, Applied Mathematics, Computer Vision, Graph Theory, PostgreSQL, Deep Learning, Geometry, User Experience, Marketing, Computer Graphic Techniques, Mathematical Theory & Analysis, Programming Principles, Python Programming, Supply Chain and Logistics, Algebra, Cryptography, Business Psychology, Interactive Design, Critical Thinking, Security Engineering, Data Mining, Correlation And Dependence, Distributed Computing Architecture, Financial Analysis, Linear Algebra, User Experience Design, Differential Equations, Linux, Cloud Computing, Cyberattacks, Computer Programming Tools, Computational Logic, Scrum (Software Development), Applied Machine Learning, Calculus, Cost Accounting, Econometrics, Feature Engineering, Graphic Design, Investment Management, Other Programming Languages, Sales, Software Architecture, Software Testing, System Programming, Visual Design, Artificial Neural Networks, Emotional Intelligence, Market Analysis, NoSQL, Statistical Visualization, Data Warehousing, Strategy, Basic Descriptive Statistics, Budget Management, Computational Thinking, Data Analysis Software, Experiment, Exploratory Data Analysis, Material Handling, Organizational Development, Product Lifecycle, Risk Management, Amazon Web Services, Big Data, Cloud Platforms, Culture, Decision Making, Graphics Software, Human Resources, Microarchitecture, Security Strategy, Application Development, Computer Security Models, Network Model, Operational Analysis, Product Design, Reinforcement Learning, Software Security, System Security, User Research, Plot (Graphics), R Programming, Account Management, Banking, BlockChain, Business Process Management, C Programming Language Family, Data Architecture, FinTech, Financial Accounting, Financial Management, Geovisualization, Inventory Management, Management Accounting, Markov Model, Matlab, Natural Language Processing, Operations Management, Planning, Product Management, Spreadsheet Software, Storytelling, Supplier Relationship Management, Computer Science, Computer Security Incident Management, Data Science, Dimensionality Reduction, Forecasting, Journalism, Leadership Development, Network Analysis, Network Security, System Software
获得学位
Degree · 1-4 Years
University of Illinois at Urbana-Champaign
Master of Science in Accounting
您将获得的技能： Accounting, Leadership and Management, Entrepreneurship, Marketing, Finance, Business Analysis, Strategy and Operations, Data Analysis, Research and Design, Financial Accounting, Strategy, Sales, Taxes, Communication, Probability & Statistics, Financial Analysis, Business Psychology, Market Research, Mergers & Acquisitions, Management Accounting, Market Analysis, Investment Management, Statistical Programming, Human Resources, Data Management, Digital Marketing, Financial Management, Audit, Design and Product, Generally Accepted Accounting Principles (GAAP), Python Programming, General Statistics, Machine Learning, General Accounting, Culture, Marketing Management, Corporate Accouting, Banking, Customer Analysis, Data Visualization, Organizational Development, Basic Descriptive Statistics, Statistical Analysis, Business Development, Regression, Marketing Design, Supply Chain and Logistics, Creativity, Innovation, Leadership Development, Budget Management, Product Marketing, Business, Business Communication, Decision Making, Exploratory Data Analysis, Project Management, R Programming, Brand Management, Media Strategy & Planning, Risk Management, Conflict Management, Contract Management, Computer Programming, Forecasting, Collaboration, Operations Management, Cost Accounting, Theoretical Computer Science, Media Production, Spreadsheet Software, Accounts Payable and Receivable, Advertising, Product Lifecycle, Algorithms, Data Analysis Software, Regulations and Compliance, Negotiation, Product Management, Machine Learning Algorithms, Critical Thinking, Data Visualization Software, Marketing Psychology, Advertising Sales, Behavioral Economics, Big Data, Entrepreneurial Finance, Software Engineering, Statistical Tests, Storytelling, Plot (Graphics), Performance Management, Business Design, Correlation And Dependence, Data Structures, Databases, Inventory Management, MarTech, Adaptability, Data Mining, Human Computer Interaction, Influencing, Natural Language Processing, People Development, Product Strategy, Social Media, Software Testing, Supply Chain Systems, User Research, Change Management, Human Learning, Survey Creation, Database Administration, Experiment, Mathematics, Probability Distribution, SQL, Statistical Visualization, Agile Software Development, Bayesian Statistics, BlockChain, Business Intelligence, Business Process Management, Employee Relations, Extract, Transform, Load, Graph Theory, Material Handling, Network Analysis, Operations Research, People Management, Planning, Problem Solving, Public Relations, Search Engine Optimization, Securities Sales, Security Engineering, Software Security, Web Design, Web Development, Cash Management, Customer Support, Dimensionality Reduction, Estimation, Journalism, Machine Learning Software, Microsoft Excel, Packaging and Labeling, Process Analysis, Product Design, Statistical Machine Learning, Tableau Software, Visual Design, Algebra, Back-End Web Development, Computer Graphics, Data Architecture, Data Model, Data Warehousing, Econometrics, Emotional Intelligence, Game Theory, Operating Systems, Other Programming Languages, Product Development, Scientific Visualization, Scrum (Software Development), Systems Design, Virtual Reality, Visualization (Computer Graphics)
获得学位
Degree · 1-4 Years
University of Colorado Boulder
Master of Science in Data Science
您将获得的技能： Theoretical Computer Science, Probability & Statistics, General Statistics, Algorithms, Data Management, Mathematics, Computer Architecture, Strategy and Operations, Databases, Leadership and Management, Communication, Hardware Design, Statistical Programming, Machine Learning, Operating Systems, Research and Design, Finance, Data Analysis, Computer Programming, SQL, Writing, Regression, Business Analysis, Data Structures, Project Management, Software Engineering, Business Communication, Probability Distribution, Database Design, Entrepreneurship, Computer Graphics, Computer Networking, Design and Product, Statistical Analysis, Statistical Tests, Accounting, Systems Design, Human Computer Interaction, Data Model, Database Administration, Database Application, Database Theory, Machine Learning Algorithms, Statistical Machine Learning, Estimation, Data Visualization, Problem Solving, Operations Research, Internet Of Things, Network Architecture, Applied Mathematics, Computer Vision, Graph Theory, PostgreSQL, Deep Learning, Geometry, User Experience, Marketing, Computer Graphic Techniques, Mathematical Theory & Analysis, Programming Principles, Python Programming, Supply Chain and Logistics, Algebra, Cryptography, Business Psychology, Interactive Design, Critical Thinking, Security Engineering, Data Mining, Correlation And Dependence, Distributed Computing Architecture, Financial Analysis, Linear Algebra, User Experience Design, Differential Equations, Linux, Cloud Computing, Cyberattacks, Computer Programming Tools, Computational Logic, Scrum (Software Development), Applied Machine Learning, Calculus, Cost Accounting, Econometrics, Feature Engineering, Graphic Design, Investment Management, Other Programming Languages, Sales, Software Architecture, Software Testing, System Programming, Visual Design, Artificial Neural Networks, Emotional Intelligence, Market Analysis, NoSQL, Statistical Visualization, Data Warehousing, Strategy, Basic Descriptive Statistics, Budget Management, Computational Thinking, Data Analysis Software, Experiment, Exploratory Data Analysis, Material Handling, Organizational Development, Product Lifecycle, Risk Management, Amazon Web Services, Big Data, Cloud Platforms, Culture, Decision Making, Graphics Software, Human Resources, Microarchitecture, Security Strategy, Application Development, Computer Security Models, Network Model, Operational Analysis, Product Design, Reinforcement Learning, Software Security, System Security, User Research, Plot (Graphics), R Programming, Account Management, Banking, BlockChain, Business Process Management, C Programming Language Family, Data Architecture, FinTech, Financial Accounting, Financial Management, Geovisualization, Inventory Management, Management Accounting, Markov Model, Matlab, Natural Language Processing, Operations Management, Planning, Product Management, Spreadsheet Software, Storytelling, Supplier Relationship Management, Computer Science, Computer Security Incident Management, Data Science, Dimensionality Reduction, Forecasting, Journalism, Leadership Development, Network Analysis, Network Security, System Software
获得学位
Degree · 1-4 Years
University of Colorado Boulder
Master of Science in Electrical Engineering
您将获得的技能： Theoretical Computer Science, Probability & Statistics, General Statistics, Algorithms, Data Management, Mathematics, Computer Architecture, Strategy and Operations, Databases, Leadership and Management, Communication, Hardware Design, Statistical Programming, Machine Learning, Operating Systems, Research and Design, Finance, Data Analysis, Computer Programming, SQL, Writing, Regression, Business Analysis, Data Structures, Project Management, Software Engineering, Business Communication, Probability Distribution, Database Design, Entrepreneurship, Computer Graphics, Computer Networking, Design and Product, Statistical Analysis, Statistical Tests, Accounting, Systems Design, Human Computer Interaction, Data Model, Database Administration, Database Application, Database Theory, Machine Learning Algorithms, Statistical Machine Learning, Estimation, Data Visualization, Problem Solving, Operations Research, Internet Of Things, Network Architecture, Applied Mathematics, Computer Vision, Graph Theory, PostgreSQL, Deep Learning, Geometry, User Experience, Marketing, Computer Graphic Techniques, Mathematical Theory & Analysis, Programming Principles, Python Programming, Supply Chain and Logistics, Algebra, Cryptography, Business Psychology, Interactive Design, Critical Thinking, Security Engineering, Data Mining, Correlation And Dependence, Distributed Computing Architecture, Financial Analysis, Linear Algebra, User Experience Design, Differential Equations, Linux, Cloud Computing, Cyberattacks, Computer Programming Tools, Computational Logic, Scrum (Software Development), Applied Machine Learning, Calculus, Cost Accounting, Econometrics, Feature Engineering, Graphic Design, Investment Management, Other Programming Languages, Sales, Software Architecture, Software Testing, System Programming, Visual Design, Artificial Neural Networks, Emotional Intelligence, Market Analysis, NoSQL, Statistical Visualization, Data Warehousing, Strategy, Basic Descriptive Statistics, Budget Management, Computational Thinking, Data Analysis Software, Experiment, Exploratory Data Analysis, Material Handling, Organizational Development, Product Lifecycle, Risk Management, Amazon Web Services, Big Data, Cloud Platforms, Culture, Decision Making, Graphics Software, Human Resources, Microarchitecture, Security Strategy, Application Development, Computer Security Models, Network Model, Operational Analysis, Product Design, Reinforcement Learning, Software Security, System Security, User Research, Plot (Graphics), R Programming, Account Management, Banking, BlockChain, Business Process Management, C Programming Language Family, Data Architecture, FinTech, Financial Accounting, Financial Management, Geovisualization, Inventory Management, Management Accounting, Markov Model, Matlab, Natural Language Processing, Operations Management, Planning, Product Management, Spreadsheet Software, Storytelling, Supplier Relationship Management, Computer Science, Computer Security Incident Management, Data Science, Dimensionality Reduction, Forecasting, Journalism, Leadership Development, Network Analysis, Network Security, System Software
获得学位
Degree · 1-4 Years

与 business administration 相关的搜索

master of business administration

总之，这是我们最受欢迎的 business administration 门课程中的 10 门

Bachelor of Science in Business Administration: University of London
Global Master of Business Administration (MBA): Macquarie University
Master of Business Administration (iMBA): University of Illinois
Executive MBA: IIT Roorkee
MBA Business Analytics: O.P. Jindal Global University
Bachelor of Science in General Business: University of North Texas
Master of Science in Management: University of Illinois at Urbana-Champaign
Bachelor of Applied Arts and Sciences: University of North Texas
Master of Engineering in Engineering Management: University of Colorado Boulder
Master of Science in Accounting: University of Illinois at Urbana-Champaign

您可以在创业中学到的技能

关于企业管理的常见问题

Business administration is the integrated supervision and administration of all areas of an organization. This requires understanding business areas ranging from accounting to marketing to Human Resources (HR) and beyond, while also understanding how all these pieces fit together. The ability to see the big picture, set organizational goals, and align its people and resources accordingly is critically important to the success of any company.
Today’s business administrators and managers must be adept at combining traditional leadership skills with a fluency in business analytics. The digital era has created a wealth of opportunities for data analysis of a wide range of business areas, including customer behavior, operations research, and employee performance, and executives must not only understand these analytics but also be able to prioritize their relevance to decision-making.
Like business leaders of previous eras, however, they must also have the strong interpersonal skills needed to connect with their teams and motivate them to achieve company goals. And, perhaps more than ever, top executives need empathetic change management skills to be able to help their employees navigate the unprecedented challenges and economic disruptions of COVID-19.‎
An education in business administration, and particularly a masters in business administration (MBA), can be a gateway to a wide range of careers in the world of business and finance. Understanding how organizational structures and operations impact with bottom-line business results is essential whether you have a managerial role within a company or are working as a financial analyst deciding whether or not to invest in a company.
MBAs are a particularly important credential for chief executive officers (CEOs) in the corporate world, who are ultimately responsible for decision-making across all business activities. The willingness to make these often-difficult choices and guide companies successfully is one of the most highly valued skills in the job market; according to the Bureau of Labor Statistics, the median annual wage for chief executives was $184,460 in 2019.‎
Absolutely. Coursera enables you to take courses and Specializations covering all areas of business, including business administration and related topics in management and leadership. These courses are offered by top-ranked schools such as the University of Pennsylvania and the University of California, Irvine, so you can learn remotely while still getting a high-quality education. You can even apply for a full MBA program from the University of Illinois at Urbana-Champaign or Macquarie University, allowing you to get a degree from prestigious business schools at a significantly lower cost than on-campus students.‎
A Masters of Business Administration, or MBA degree, is a graduate-level business and management degree with a focus on leadership and managerial skills. By earning this degree, you can equip yourself with the skills and knowledge to accelerate your career, transition to new industries, or even launch your own businesses.
It’s the most common and one of the most versatile graduate degrees available. Read our article about an MBA degree to learn more.‎
The skills and experience that would be helpful to already have before starting to learn business administration will likely include a passion for business, knowledge about business processes, and education experience toward an associate degree, a bachelor’s degree, or master’s degree. Other skills and experience might be the ability to work in business situations, handle pressure well, be a good listener, and be likable and agreeable. It may also help to have prior experience in project management or operations management.‎
The kinds of people best suited for roles in business administration are usually those with a financial focus and an understanding of strategic operations and business analysis. Those who work in business administration are often people who have leadership capabilities, have a good grasp of accounting principles, and possess a calm, even-keeled temperament. People who are best suited for roles in business administration might be new graduates with a strong technology background as well. As more businesses shift their work practices toward digital efficiencies, someone who works in this area should likely have a capable technology background, with exposure to data sciences and internet operations.‎
You might know if learning business administration is right for you if you're a person who likes to use your knowledge about business processes and procedures to develop efficiencies for companies and organizations. You might have interest in helping companies and organizations on ways to improve management practices, lift employee morale, and increase your company’s communications. Learning business administration may be right for you if you are focused and disciplined to create a long-lasting business career. Learning the fundamentals of business administration will eventually produce a clear understanding of the financial fundamentals of any type of company.‎