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What is the difference between business administration and finance?

The main differences between the two are as follows in terms of subject category, research direction, learning content, employment direction, suitable student types, etc.:

1. Subject category

Finance Economics is a major under the economics category, and graduates are awarded a bachelor's degree in economics.

Business administration belongs to the management discipline category, and graduates are awarded a bachelor's degree in management. Because this major is from a macro perspective, it is called business enterprise management or enterprise management. It is a cross-disciplinary discipline between management and economics.

2. Research direction

The research content of finance is very broad, including not only research on financial theory, but also financial history, history of financial theory, and financial theories of various schools in the East and West. As well as comparative research on the financial systems and financial policies of various countries, trust insurance, etc. are also subjects of finance research.

Business administration mainly studies how to use modern management methods and means to carry out effective enterprise management and business decisions. Specific to corporate affairs, it is manifested in how to mobilize the enthusiasm of employees, how to reduce business costs, and how to grasp How to seize fleeting business opportunities and formulate corporate development strategies based on market prospects.

3. Learning content

The main courses in finance include microeconomics, political economics, statistical economics, introduction to commercial banking and business financial engineering, securities investment and other economics courses. Basic subjects.

Business administration is based on management disciplines such as management, financial management, human resource management, management information systems, managerial economics, and corporate strategic management.

4. Employment direction

Students who graduate from finance majors can generally work as financial industry managers, economic forecast analysis and management consultants, international trade practitioners, fund managers, securities Brokers, stock analysts, etc. Financial institutions have high risk coefficients, high work pressure, and high requirements for people's comprehensive quality.

Students who graduate from the business administration major can mainly work as clerical staff, administrative secretaries and administrative assistants, accountants, human resources assistants, sales representatives, business managers, etc. Graduates of business administration have a wide range of employment options. Business administration departments in various enterprises, institutions, and governments at all levels are places for students of this major. However, these units all start from the grassroots level.

5. Suitable for student types.

The finance major is suitable for research-oriented children. It has high requirements for mathematics scores and is suitable for children with relatively high scores, because scores determine the institution, and high scores mean the improvement of the school platform. Prestigious schools have higher Academic qualifications are more likely. At the same time, if you want to find a job easily with a finance major, you need to pay attention to the cultivation of English ability.

Being proficient in English will be of great benefit to your study and employment. If the school recruits students in a broad category, finance is a first-level subject, which includes: finance, financial engineering, investment, insurance, financial mathematics, credit management, economics and finance.

Students of business administration are required to have good scores in mathematics and Chinese, which is suitable for "enterprise-oriented" and "social-oriented" children. It requires students' communication skills, expression skills and organizational skills. If this is a broad category of enrollment, we have to distinguish the specific majors below it.

Because business administration, as a first-level discipline, includes business administration, marketing, accounting, financial management, international business, human resources management, auditing, asset evaluation, property management, cultural industry management, and labor relations. , Sports Economics and Management, Financial Accounting Education, Marketing Education. If you are learning management work such as accounting, auditing, and financial management, it is suitable for "transactional" children.

Reference materials: Baidu Encyclopedia - Business Administration

Baidu Encyclopedia - Finance