What is business administration? What do I learn in a business management course?

Business administration is mainly concerned with the question of how companies function and what entrepreneurial activity entails. Every company "does" something: it produces things, provides a service or trades in goods, etc. And with a business management course, you will learn to understand how a company needs to be managed in order to be financially successful, sustainable in the long term and able to adapt to external changes.

The following topics can be part of a manager's area of responsibility. They are therefore part of most business management training courses:

• Business administration ⇒ Understanding the economic environment of a company
• Management, leadership ⇒ performing personnel management tasks
• Marketing and communication ⇒ publicizing the company's services on the market
• Personnel management ⇒ Finding and retaining the right staff
• Accounting, financing & investment ⇒ Have income and expenses under control
• Law and taxes ⇒ Know and comply with regulations
• Corporate management / strategic corporate management ⇒ entrepreneurial thinking, action and decision-making

Other topics such as these may be added:

• Procurement, production and logistics
• Computer science, information management
• Organizational design, organizational development
• Project management, process management, change management

To the providers of further training in business administration