Business Administration
Degrees offered: B.A., B.A.(Hons), B.B.A, B.Com, B.Com(Hons), B.E /B.Tech, B.H.M.
What is Business Administration
Business administration deals with various fields in business management. Candidates pursue this course to get jobs in marketing, education, finance, sales and government. Business administrators carry out the goals, policies and procedures of their department or organisation. Product making and providing services are also taken care of by them. Business administration principles are taught to students in the business administration course.
There are chances of having the top job positions in business administration. One can become the CEO, CFO or general manager of a company. World economies seek capable business people to create jobs and bring useful products to the market. A degree in business administration leads to high salaries, job satisfaction and drastic growth. Many Indian universities and colleges offer business administration degrees. Therefore, business administration is a good degree because it prepares the students for a wide range of high-paying careers with assured promotions.
Eligibility Criteria (UG & PG) of Business Administration
Undergraduate Level
Candidates should have acquired 50% to 60% in Class 12th. The pass percentile varies from college to college.
Age limit is 22 years for general candidates and 24 years for reserved category.
Universities conduct their entrance examinations to shortlist candidates.
After the results are announced, a cut off list and ranks are prepared by the organisers. Those who qualify the test appear for the counselling process wherein colleges are allocated to candidates based on ranks.
Postgraduate Level
Candidates must hold a bachelor's degree in any discipline or equivalent from a recognised university. A minimum score of 50% is necessary for a bachelor's degree.
Students should also appear for entrance exams like CAT, MAT, CMAT is important. Based on scores obtained in the entrance exam students are admitted in colleges and universities.
Students can take direct admission in any college.
Entrance Exam for Business Administration
Symbiosis Entrance Test is an entrance exam conducted to grant admission to undergraduate degree programs. The minimum eligibility to appear in SET is 50% marks in 12th (45% marks for SC/ST students).
The exam is for 150 minutes and is conducted online. Candidates who clear get admissions in undergraduate business administration degrees like BBA.
Common Admission Test is a national level entrance exam for admission into various postgraduate degrees. A candidate must possess a minimum of 50% marks in bachelor's degree to appear for CAT.
CAT is conducted only once a year.
Symbiosis National Aptitude Test is conducted for students to get admission to postgraduate degrees. It is a 2-hour examination with questions on general English, reading comprehension, verbal reasoning and quantitative aptitude. 60,000 MBA aspirants participate every year in CAT.
Xavier Aptitude Test is one of the popular entrance examinations for MBA. 160+ colleges participate in XAT. XAT takes place online, consists of 100 questions. Compared to other examinations, XAT is more difficult, but it can be cleared with extra time and effort.
Management Aptitude Test is conducted for MBA admission across India. MAT score is accepted by 600 Indian MBA colleges. MAT is conducted four times in a year in offline and online mode. Management courses are offered after students complete MAT.
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Scope of Business Administration in India and Abroad
Business administration is suitable for students with an analytical and computational mind. They should be intelligent enough to grasp financial, economic and human resources concepts. Those who are interested in starting a career in business management can pursue business administration. Business administration is considered as a degree of future. It is a popular professional degree that can be done right after 12th. Public and private sector banks hire business administration graduates. Many more profiles like a financial analyst and management trainers are available.
Sales and marketing sector has many opportunities for business administrators. Firms and companies offer placements to students pursuing this course. Opportunities are plenty for business administration students, and the scope is wide. Promotions come with experience and jobs in this area are extremely rewarding. Post Graduation in business administration adds value to a candidate and increases chances to be selected by top companies.
Popular Online Finance Courses and Certifications
Course Fees Business Administration
Minimum Fees | Maximum Fees | |||
---|---|---|---|---|
Private | Government | Private | Government | |
UG | ||||
PG | ||||
DOCTORAL | ||||
DIPLOMA |
Course Subjects
3-year professional undergraduate degrees are divided into six semesters. There are plenty of choices in selecting the specialisations in BBA and selecting the jobs after BBA. A few subjects in BBA syllabus are given for reference,
- Principles of management
- Business Economics
- Business Laws
- Business Analytics
- Business Data Processing
- Entrepreneurship
- Computer Applications
- Security Analysis
- Leadership and Ethics
Masters in business administration is for two years with a range of subjects related to organisational behaviour, marketing, and management principle. Some of the subjects in MBA are mentioned below,
- Quantitative methods
- Financial Accounting
- Information Technology Management
- Operation Management
- Elective Course
- Strategic Management
Careers in Business Administration
Careers in various fields await those who pursue business administration. Students may startup with a small career, but there are assured promotions in the career path. Numerous roles in the business sphere are demonstrated by business administration professionals.
Business administration has many specialisations for aspirants. Some of them are human resources, finance, marketing, IT/ systems, operations management, and entrepreneurship are the most sought specialisations. Demand for business administrators is expected to grow about as fast as average for all other professions. But you have to choose in which field you are going to specialise in.
Upcoming trends
Video Marketing
Successful social media influencers and many online developers agree that the most powerful tool in content marketing is video. People like and share videos, and this boosts traffic and enhances engagement. This is an emerging trend in the Smartphone era.
Artificial Intelligence
Businesses have embraced artificial intelligence to enhance the customer experience. Call centres have changed way too far by using artificial intelligence to answer customers. Without human intervention, artificial intelligence is capable of adapting and learning chores.
Remote Workers
Leading firms are hiring remote workers as more work is being taken into the digital cloud. It can be accessed, sent and received from anywhere. Remote workers choose flexible work hours and are involved in creative designing and more.
Millennial in Business Leadership Roles
Many young aspirants are blooming into the business world. People born between 1980 and 2000 are pursuing business to become leaders in the business domain. Businesses minded millennial are sought after to exhibit leadership.
Job Profiles and Top Recruiters
Job Profiles in Business Administration
Various career options are available for business administration graduates. The distinguished sector has been hiring these professionals and will keep hiring them as the business sector is rapidly accelerating with new technologies.
They enter into the corporate world and get more opportunities and higher designations after being placed. Some eminent job profiles for business administration with their description.
Job Profile | Job Description |
Business Administrator | A business administrator directs the management of an organisation, takes care of finances. Improves products and implements new technologies. |
A Finance Manager distributes financial resources of a company. They plan the budget of the company and give financial advice to make the best decisions in business | |
Manages and reports the financial data of an organisation. An accountant prepares, analyses and records financial obligations. | |
Accounting Head | Establishes new and proper accounting methods, policies, and principles. |
Management Consultant | Provides solutions to client's business needs. Optimisation, core strategy development, large scale implementation and new technology introduction are management consultant's responsibilities. |
Consultant | Offers advice and help organisations to enhance business performance, profit through the structure, management and strategy. |
Conducts market analysis. Product lines and overall productivity of the business is analysed. |
Top Recruiters
Leading global firms, consultancy services and various sectors hire business administration professionals. Some of the top recruiters for business administration are,
1. Apple
2. Deloitte
3. JP Morgan
4. ICICI Bank
5. BCG
6. Microsoft
7. Amazon
8. Morgan Stanley
9. Reliance
10. Tata Consultancy Services
11. Wipro
12. Cognizant
Also Read: General Management Certification Courses
Average Salary
The foremost reason for candidates to choose business administration as a career is a good salary. The studies might be tough at the beginning but rewarding in the end. Salaries for a newcomer in business administration is Rs. 5-8 lakh p.a. (Approx.). Post Graduate studies lead to better jobs and hefty salary packages.
Job Profile | Salary |
Business Administrator | Rs. 7-10 lakh p.a. (Approx.) |
Accountant | Rs. 6-8 lakh p.a. (Approx.) |
Accounting Head | Rs. 7-9 lakh p.a. (Approx.) |
Management Consultant | Rs. 6-8 lakh p.a. (Approx.) |
Consultant | Rs. 1-3 lakh p.a. (Approx.) |
Business Analyst | Rs. 3-5 lakh p.a. (Approx.) |
Finance Manager | Rs. 3-5 lakh p.a. (Approx.) |
Required Skillset for Business Administration
Financial Management
Students must be able to manage their finances. Managing finances will help them run the business without loss and protect their investment. Cash flow and sales can be predicted with financial management skills.
Communication and Negotiation
Business administrators have to communicate with suppliers and negotiate while setting prices. They also have to communicate with investors, customers and employees for many things. Written and verbal communication skills must be excellent to build a rapport. Communication does most of the work you want to happen.
Leadership
Leadership skills play a principal role in business administration. To lead a team and motivate your colleagues, to attain success, leadership is essential. Coaching the people under you is a leader's responsibility.
Project Management and Planning
You'll get to work on many projects and have many policies to keep in mind and work. Time and many other resources have to be managed effectively. Planning and developing new strategies help you achieve your goals.
Course Curriculum for Business Administration
Undergraduate business administration courses are 3-year courses covering advanced principles in business ethics, leadership and decision making. Students from science, arts and commerce can pursue business administration. The course shapes the students into leaders and entrepreneurs. Entrepreneurship and leadership skills are imparted to aspirants. The course can be pursued in correspondence and full-time mode as well.
There are various specialisations in BBA, such as human resource management, finance, sales, and information technology. All the subjects included in the course are beneficial to students as they help their internship and profession in the future.
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Popular Business Administration Entrance Exams in India
CAT
Application Process: 02 Aug, 2024 - 20 Sep, 2024 (Tentative)
CLAT
Exam Date: 01 Dec, 2024
MAT
Exam Date: 31 May, 2024
CSIR UGC NET
Exam Date: 25 Jun, 2024 - 27 Jun, 2024
Popular Business Administration Colleges in India VIEW ALL
IIM Ahmedabad
- Fees: ₹ 3,300,000
- Exams: GMAT
BRAOU Hyderabad
- Fees: ₹ 20,150
- Exams: TSICET
Frequently Asked Questions (FAQs)
Question: What are the types of business management?
Answer :
There are three main types in business management proprietorship, partnership and corporation. A sole proprietorship is owned by one person; a partnership is when two or more people formally agree and operate/manage a company. A corporation is an organisation or a group of people acting as a single entity working on a product.
Question: How to start a career in business administration?
Answer :
After the completion of the business administration degree, to establish a career student can work in internships.
Internships convey in-demand skills and allow students to get advanced work experience.
A successful internship with good performance in academics can help achieve excellent entry-level careers.
Question: What is the difference between business management and business administration?
Answer :
A degree in business management focuses on authoritative aspects of business, whereas business administration has wider scopes and encompasses management functions also. Business administration helps to gain a well-established career.
Question: Is business administration better than accounting?
Answer :
Accounting degrees work more closely with accountant jobs. Business administration degree programs might prepare students for eventual management roles, but they need a lot more experience or post graduation studies to gain leadership opportunities.
Question: Is there a lot of mathematics in business administration?
Answer :
Specific degrees in business administration require mathematics for completion. Major branches like accounting, business administration, human resource management and economics degrees are fully composed of mathematics.
Question: What are the benefits of studying business administration?
Answer :
There's a high demand for your services and high salary package. Local, regional, national and multinational company's lookout for skilled business administrators.
The employment opportunities for business administrators are expected to increase between 7-23% in 2026.
Many tools are learnt by business administrators to cope up with new technologies. Bachelor's degree in business administration is enough to travel a long way to gain skills and be paid well.