Business Administration: Required Skills and Career Opportunities

Business Administration (Business Administration) is a discipline that trains the necessary knowledge and soft skills related to the process of establishing and running a business, which can be a state-organized company, a private enterprise or a non-governmental organization.

Currently, many international students choose to major in Business Administration instead of majoring in a certain field. The reason is that the MBA major gives you a panoramic view of all the activities and operational aspects of a business, while the specialized branches only focus on equipping knowledge in a specific field.

You may want to know: What is an MBA? Why is studying MBA a trend today?

The Business Administration major is a fairly broad field that includes other small groups of disciplines. Depending on your abilities and learning goals, there are those who choose to develop intensively in a small branch, instead of learning a little bit of each thing. Some professional fields you can pursue when studying business administration:

• Marketing Management

• Financial Management

• Human Resource Management

• Strategic Management

• Production Management

• Project Management

• Entrepreneurship and Innovation

• Risk Management

In addition to a solid knowledge of the business market, a good management factor also needs to have relevant qualities to easily develop into a higher position in the industry. The qualities that are suitable for Business Administration often include:

3.1. Passion for the business field

If you don't have passion, you won't have enough perseverance to overcome difficulties and obstacles that lead to discouragement and give up halfway. Once you are passionate about the business, you will always love all jobs related to this specialty, ready to learn new things and follow the changes in the market today.

3.2. Ready to challenge with numbers

When it comes to the field of Business Administration, it is obvious that you will have to absorb knowledge and work around reports or plan income and expenses. If you find that you are passionate enough about calculation and data tricks, this major is an ideal choice for you.

In addition, this industry group also requires flexibility and confidence in the process of doing the profession. With the rapid change of the market and competitive factors from different competitors, you need to have the quality to rush to learn, and flexibly come up with many options to handle each unexpected situation.

3.3. Balance between independent work and teamwork

For the business sector, teamwork is an indispensable factor to increase work efficiency. Actively participating in different teams in the process of working will not only help you accumulate new knowledge and experience for individuals but also develop many material and spiritual values for each individual.

As a fairly popular and widely taught major, you can choose to study Business Administration at any university even domestically and internationally. Some universities in the country you can refer to include: University of Finance – Marketing, the University of Foreign Trade, University of Economics..

For those of you who plan to study Business Administration in developing countries such as Australia, the UK, the US or Canada, you can refer to the suggestions for schools listed below:

• Study Business Administration in Australia

• Studying Business Administration in the UK

• Study Business Administration in Canada

• Studying Business Administration in the U.S.

To learn more about your field of study and the school you feel is right for you, you can take the initiative to Find the right school at IDP's website. You can also contact IDP Vietnam for advice on all information and support in preparing study abroad documents completely free of charge.

The job opportunities of this group of majors after graduation are quite diverse in many fields. You can choose to work in many different departments depending on your interests, goals as well as your strengths, such as:

• Specialist, Business Manager

• Marketing Specialist, Manager

• Media Management – Public Relations

• Human Resource Management

• Learning & Development

• Financial analysis and management – accounting

• Legal Expert

• Partnership Management

• Director, department manager

In terms of income, the income of graduates majoring in Business Administration will vary, depending on the position you take on in the business. In addition, improving the company's revenue will also help increase the annual income of those who work in the field of business management. However, this also means that the jobs will be more stressful and require you to compete with many competitors in the market.

If you still have questions about the MBA major, contact IDP to find out about the eligibility for this major. Study abroad application preparation process, Cost of Living in countries where studying abroad is popular.

For those of you who are looking for scholarships to ease your financial burden, IDP is ready to accompany you in Finding a scholarship to study abroad, applying for scholarship consideration, and tracking your progress until you receive a confirmation letter from the school. In addition to the existing offices in cities, you can consult through an online IDP office and access all online services anywhere.

To actively search for a business administration school that is suitable for you, you can experience Fastlane Superior Features of the IDP Live application. The IDP Live app is always ready to suggest detailed information about each university, helping you confidently choose the right school for your financial abilities and needs.

Contact IDP to start your study abroad consultation today!

See more:

Study in Australia with a Master of Business Administration

Why study in the UK for a Master of Business Administration?