Business and management includes all the disciplines that deal with the organisation and coordination of enterprises that deal with products and services traded for profit. Business and management activities aim at accomplishing specific organisational goals, increasing the capital of the company and its overall efficiency.
Business and management involves many economic activities such as accounting, agribusiness and auditing. It also comprises all the managerial areas that fall under the business administration field such as commerce, marketing, logistics and supply chain management, public administration, or human resource management.
Business colleges and schools typically offer highly specialised study programmes in business and management. Examples include internationally recognised degrees such as Master in Business Administration (MBA) or Executive Master of Business Administration (EMBA), which usually require some work experience. Other courses include Masters in Management (MiM) and a wide range of specialisations in retail management, business intelligence and analytics, corporate communication, taxation or technology management.
Programmes focus on theoretical knowledge, but also on real-case examples, seminar debates and the development of practical skills. Graduates acquire an in-depth understanding of business challenges and issues, learn to use effective leadership methods and to apply economic principles in various work settings.
Graduates in one of the business and management disciplines may pursue careers as entrepreneurs, forensic accountants, project managers, bankers, international business specialists, and more.
