Business Administration Latest update
An Associate of Arts (AA) in Business Administration is a degree designed to provide
foundational knowledge in business principles and practices. Here’s a breakdown of what a
typical study guide might include for this program:
Core Areas of Study
1. Introduction to Business:
o Overview of business functions
o Types of business ownership (sole proprietorship, partnership, corporation)
o Business ethics and social responsibility
2. Principles of Management:
o Basic management functions (planning, organizing, leading, controlling)
o Leadership styles and management theories
o Organizational structure and behavior
3. Principles of Marketing:
o Market research and analysis
o Marketing mix (product, price, place, promotion)
o Consumer behavior and market segmentation
4. Financial Accounting:
o Basic accounting principles and practices
o Preparation and interpretation of financial statements
o Understanding of balance sheets, income statements, and cash flow statements
5. Business Law:
o Basics of business law and regulations
o Contract law and legal environment of business
o Employment law and ethical issues in business
6. Economics:
o Microeconomics (supply and demand, market structures)
o Macroeconomics (national income, inflation, unemployment)
o Economic principles and their application in business
7. Business Mathematics:
o Basic mathematical concepts and their business applications
o Financial mathematics (interest, investment, and loan calculations)
o Statistical methods for business decision-making
8. Business Communications:
o Effective written and oral communication skills
o Business correspondence (emails, reports, presentations)
o Interpersonal communication in a business context
9. Human Resources Management: