Business management and Business administration are two highly interchangeable terms as on the surface level-the two business courses are similar. However, the two-degree paths have significant differences. A business management degree focuses on the core concepts like the basics of accounting, business communications, and management theories.
A certificate in business administration is an academic program deal with specializations such as marketing, economics, operations, and finance. The candidates can learn business theory and develop practical skills to fuel business management, ethical and strategic decision-making, and leadership skills.
Business management is responsible for dealing with the human aspect of running a business, essentially managing its human resources. The course curriculum of a business management program includes logistics, communications, human resources, and information systems.
Whereas a business administration may consist of personal management and emphasize the everyday running of the business along with planning long-term strategic objectives for the business organization. The technical aspects of formulating business plans and it’s execution are the central part of the business administration syllabus.
The graduates of business management and business administration have different career outlooks because of the difference in course curriculum. A business management graduate can work in job roles in public relations, supply chain management, management analysis, real estate sales, etc. Whereas business administration graduates are offered positions in healthcare administration, marketing management, finance management, sales management, etc.
A business administration course offers an overall understanding of the core business subjects. However, the students have the liberty to choose from an area of specialization of their choice. The primary focus of a business management course is to equip the students with the leadership skills that are central to running a business efficiently. They can develop core skills by participating in events that can promote the growth of their leadership skills.
Business management employees are offered jobs at an entry-level in any business organization, where they can get exposure to learn and develop industry-relevant skills to manage people and lead employees of a department. Whereas business administration graduates start their career by working in a specific department, they usually engage themselves by working within a business field rather than managing and leading teams.
A business management degree focuses on the authoritative aspect of the business, while a business administration degree has a broader scope. The managing roles in both positions are different. The role of a business manager is to focus on the everyday operations of the business, and a professional in business administration is responsible for keeping the employees on the right track to ensure the smooth and efficient running of the organization while sticking to timely goals.
A one-year certificate program in business administration can familiarize you with fundamental skills and knowledge relevant to the modern business industry the can upscale your career trajectory. The course curriculum is designed to equip the students with a comprehensive understanding of efficient business operations management.
After pursuing a business management certificate program, you can understand the theory and approach behind successfully running a business. You can learn to create effective marketing strategies with a fundamental knowledge of marketing principles, and you can also manage the finances with ease and competency. Log in now to know more about the in-demand professional degree program!