Business Administration

Business Administration Online Schools

Online Business Administration Schools can prepare you for an advanced professional career, without forfeiting current employment. A degree in Business Administration offered at an online school can be obtained at the convenience of the student, and without ever stepping foot into a classroom!

Online Business Administration Schools cover many relevant subjects such as accounting, communications, computers, financial management, business ethics, marketing, and economics. Depending on the level of education, graduates of Online Business Administration School may apply for positions such as Administrative Assistant, Human Resources Manager, Financial Planner, Bank Examiner, Auditor, Insurance Underwriter, and many more.

A degree from an accredited Business Administration School is the standard educational requirement for today's business professional. Employers are more likely to hire applicants with the right education. But, what if you are stuck in a dead-end job, and have little time to study? An online course allows students to learn at their own pace, at their own convenience, and without commuting to class. Some online degrees can be completed in a matter of months, while more advanced degrees may take a few years to complete.

There are numerous Online Schools offering courses of study in Business Administration. Via the Internet, students can earn 100 percent of the credits needed for a Bachelor's Degree of Science in Business Administration (BS) or a Master's Degree in Business Administration (MBA). It's a fact that a college degree translates into better employment opportunities and higher paying jobs.

Types of Business Administration Careers Avaliable

Business administration careers keep the businesses of America operating smoothly. Careers in Business and finance is what Americans – at least those fortunate and smart enough to know that the way to wealth is not through work, but though buying, selling and moving financial instruments – do best. The future of the world belongs to those who know the rules of acquisition and how to apply them to their own advantage. Online business administration degrees will help you find the career path to the top of what is by nature a rigidly hierarchical system.

Most of us would agree that it is better to be in the higher levels of a hierarchical system than toward the bottom. A business administration degree is also quite flexible, and can take you any number of places – something that is quite useful in a dog-eat-dog system in which one's head may be on the chopping block for any reason at any time without warning (metaphorically speaking, of course).

Of course, the unsung hero of any business organization is the “bean-counter” – the accountant. Although it is not nearly as glamorous as many other business careers, the accountant is indispensable to any well-run business; career and job opportunities are plentiful. A good accountant will never lack for employment. Accountants are also frequently self-employed free-lancers as well.

Banking and brokering are very hot careers in the new global economy. As you are probably aware, since 1980 the U.S. has moved its economic base away from manufacturing and real services (now well covered by our good friends in China and India) and toward a financial services base. Investment bankers, commodity brokers and stockbrokers are all positions that provide and control the flow and movement of assets in these areas.

As a human resource manager, you'll be among those that decides who gets the job and who doesn't. While there are many responsibilities for the HR person, the power associated with this career makes it quite worth the extra effort.

These are only a few of the many careers open to one who holds a business administration degree. Jobs for such people abound in the public as well as the private sector. The former offers greater security as well as opportunities to serve the public good. However, the latter is where the money is; it is no coincidence that many who leave government employment go on to highly lucrative careers in the private sector, especially lobbying. Who knows? With the skills you gain working toward a business administration degree online, you may even wind up writing important legislation from a corporate office on K Street!

Administrative Functions

Administrators, broadly speaking, engage in a common set of functions to meet the organization's goals. These "functions" of the administrator were described by Henry Fayol.

* Planning is deciding in advance what to do, how to do it, when to do it, and who should do it. It maps the path from where the organization is to where it wants to be. The planning function involves establishing goals and arranging them in logical order. Administrators engage in both short-range and long-range planning.
* Organizing involves identifying responsibilities to be performed, grouping responsibilities into departments or divisions, and specifying organizational relationships. The purpose is to achieve coordinated effort among all the elements in the organization. Organizing must take into account delegation of authority and responsibility and span of control within supervisory units.
* Staffing means filling job positions with the right people at the right time. It involves determining staffing needs, writing job descriptions, recruiting and screening people to fill the positions.
* Directing is leading people (see Leadership) in a manner that achieves the goals of the organization. This involves proper allocation of resources and providing an effective support system. Directing requires exceptional interpersonal skills and the ability to motivate people. One of the crucial issues in directing is to find the correct balance between emphasis on staff needs and emphasis on production.
* Controlling is the function that evaluates quality in all areas and detects potential or actual deviations from the organization's plan. This ensure high-quality performance and satisfactory results while maintaining an orderly and problem-free environment. Controlling includes information management, measurement of performance, and institution of corrective actions.
* Budgeting, exempted from the list above, incorporates most of the administrative functions, beginning with the implementation of a budget plan through the application of budget controls.

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