What are the differences between business management and business administration?
Management, by some defintions, is “getting things done through others.” Thus, business management, would be the art and science of doing business through others. The focus is on human resources and how to use them effectively. All managers, senior through junior, should have people skills. Administration is looking after things from a senior management position. Thus business administration focuses on business processes and resources from the executive’s point of view. Management finance, for example, is the executive’s finance course in many MBA schools…as opposed to advanced finance courses for a potential stock broker or budding CPA. In practice, there is little difference. Clearly, executives must know how to get things done through others; so they are business managers as well as administrators. On the flip side, junior managers have to understand what the exectives are doing to better serve their organization while exercising their people skills. So business management and bus