Business Administration

This wide world is full of diverse professions; business administration and business management is
one of them. Bachelor of Business Administration and Master of Business Administration are two
most demanding degree programs worldwide today. Today students are found to be ask
about mba degree, mba universities, business courses and business careers. Business
Administration jobs can be seen in abundance in Pakistani newspapers. The aim of the education of
business administration is to execute a task in a minimum cost and time.

The Master of Business Administration (MBA) and the Bachelor of Business Administration (BBA)
are degrees in business administration, which attracts people from a wide range of academic
disciplines. The business administration degrees originated in the United States, emerging from the
late 19th century as the country industrialized and companies sought out scientific approaches to
management. The MBA degree has since achieved worldwide recognition. Accreditation bodies
exist specifically for MBA programs to ensure consistency and quality of graduate business
education, and business schools in many countries offer MBA programs tailored to full-time, part-
time, executive, and distance learning students, with specialized concentrations

Nature of work in practical life for an MBA degree holder.

A fresh degree holder in business administration when enter into practical life, he has to face
different nature of working atmosphere. The nature of work in a financial organization is deferent
than an industrial organization. Same as the case of an export related organization where the
nature of work would be different to that of a service providing entity. Initially an MBA degree holder
is delegated with responsibilities of any of the branch of Business Administration i.e. Accounting,
Business Finance, Marketing, Business & Industrial Management or Banking. Normally work is done
strictly in an office. Fresh graduate normally is offered the post of Assistant Manager. Professional
having good record and experience has delegated administration job.

Business Administration career:

There are many professional directions in which a business administration graduate may go to start
a career. Business Administration career options range from operations to management and include,
but are not limited to, the following:

 Account executive
 Claims representative
 Credit analyst
 Public administration
 Employment interviewer
 Financial planning
 Purchasing agent
 Job analyst
 Business writer
 Bank officer
 Business Development Manager
 Sales manager
Future Outlook of a career in Business Administration :
Job opportunities in this profession are directly related to the momentum of the national
economy. The more the activities of the trade and industry will boost, the more the opportunities will
be produced. The other things which influence this profession are science and technology. The
practice of information science is growing day by day. Machines are taking over men. Swift and
timely decision is getting significance. The need of such professional managers who are very well
aware of the practical and theoretical aspects of this profession as well as ability to analyze the
problem on scientific basis and produce efficient output through timely decision making, are on the
demand with the passage of time. This entire situation indicates towards the bright future of this
field. Courageous and intelligent people having decision making skills have very good and bright
chance in this field. It is rather difficult to predict the future job market for graduates of business
administration programs. This is because so much of it depends on the area of the field in which you
would like to work and the ways in which the economy overall will continue to change. when
choosing an area in which you'd like to specialize, it is important to not only consider what you enjoy
doing, but also to look at the ways in which that specific area will stand the test of time in this ever-
changing business environment.

Salary, remuneration, emolument, for BBA, MBA degree holders:

Graduates from business administration programs have the potential to make a great deal of money.
Of course, they can also find themselves in the kinds of positions that have lower ceilings on the
potential earnings but offer other benefits, such as attractive hours and more-relaxed work
environments. Really, as is the case with many fields of business, the amount you earn is to a great
extent determined by your own professional goals.

Types of Associate, Undergraduate & Graduate Programs:

In Pakistan normally following business administration programs are offered in the universities,
colleges or institutions.
Bachelor of Business Administration (BBA)
Master of Business Administration (MBA)

Your professional goals determine type of degree for your future career. If you would like to work in
the business world, and aim to make a career in the lucrative world of business and finance then a
bachelor's degree or Master's degree should be your choice. However, you should start off with a
bachelor's. Private sector companies often pay for their employees to go back to school or college or
university for their Master's degrees. Finally, those who wish to pursue the academic or research
sides of the profession then a Doctoral degree is usually the choice.

Range of study
MBA programs comprise subjects like economics, organizational behavior, marketing, accounting,
finance, strategy, operations management, international business, information technology
management, supply chain management, project management, government policy, and ethics.
Students traditionally study a wide variety of courses in the program's first year, and then pursue a
specialized curriculum in the second year. Full-time students typically seek an internship during the
interim. Now a days diploma in Business Administration in Pakistan has also been started by the
business schools in Pakistan which is a two years diploma program and is equivalent
to Intermediate science.

Specialization in Business Administration:

Many programs allow students to specialize or concentrate in a particular area. Standard
concentrations include accounting, corporate strategy, decision sciences, property management,
economics, entrepreneurship, finance, general management, human resources, international
business, marketing, information systems, information technology, telecommunication,
organizational behavior, project management, and operations management. Unspecialized MBA
programs often focus second-year studies on strategic management or finance.
There are many areas of specialization in business administration some of popular areas of
specialization include the following:

 Accounting
 Corporate strategy
 Decision sciences
 Economics
 Entrepreneurship
 Finance
 General management
 Human Resources Management
 Information systems
 Information technology
 International Business
 Management
 Management Information Systems
 Management of Technology
 Management Science
 Marketing
 Operations management
 Organizational behavior
 Project management
 Property management
 Telecommunication
Unspecialized MBA programs often focus second-year studies on strategic management or finance.
Internationally more diversified options are available to the students to start a career or even select
a programed even in the latter stage of their career. A program may offer more specialized
concentrations such as Asian business, consulting, sports management, or degrees emphasizing
real estate or insurance.

Admissions criteria for Business Administration:

Most programs base admission on the Graduate Management Admission Test (GMAT), and
personal interviews. These qualifications are important for admission; however, some schools do not
weigh GMAT scores as heavily as other criteria. In order to achieve a diverse class, business
schools also consider the target male-female ratio and local-international student ratio.