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What's the difference between business administration and finance?
Four differences.

1, first of all, they belong to different disciplines:

Finance: a major under the major of economics (bachelor of economics is awarded after graduation), with a wide range of research contents, including not only the study of financial theory, but also the financial history, the history of financial theory, the financial theories of different schools in the East and the West, and the comparative study of financial systems and financial policies in various countries. Trust insurance is also the research object of finance.

Generally speaking, we can understand it this way. It studies the work and management methods of banks, insurance companies or other financial enterprises and understands the origin, functions and trading methods of money and securities.

For example, analyze and predict the changes of bone chips and foreign exchange prices, master the skills of buying and selling securities in time, and make profits; Understand how banks and insurance companies attract deposits and insurance benefits, and use the money for investment and profit.

In fact, this is a learning that teaches people to invest and make money. ? We should distinguish it from financial engineering. Although both of them contain the word finance, there are still great differences. From the research field, financial engineering is a bit microscopic.

Mainly study the technology, operation and principle of financial industry; And finance is relatively more macro, with more elements of management. Financial engineering mainly relies on financial derivatives such as futures, options, forwards and swaps.

Finance is more of a basic variable, such as interest rate, exchange rate and money supply. Financial engineering is more practical than finance in theory.

Business Administration: It belongs to the category of management discipline (awarded after graduating with a bachelor's degree in management) and is a popular major in recent years. However, some candidates and parents deliberately avoid this major and think it is a "space". Because this major is from a macro perspective, it is called industrial and commercial enterprise management or enterprise management, which is a cross-discipline of management and economics.

This paper mainly studies how to use modern management science method to make effective enterprise management and management decisions. How to mobilize the enthusiasm of employees, how to reduce the cost of enterprises, how to seize fleeting business opportunities, and how to formulate enterprise development strategies according to market prospects.

Therefore, many people think that once they graduate, they will not be able to enter the enterprise as managers and deliberately avoid it. But which enterprise will say to a classmate who is about to graduate from college: Come on, classmate, we don't need anything but a leader.

2. Secondly, the differences in learning content:

Main courses of finance: microeconomics, political economics, statistical economics, operation and management of commercial banks, introduction to financial engineering, securities investment, etc.

Business administration is based on management, financial management, human resource management, management information system, management economics and enterprise strategic management. ? Therefore, the two majors are very different in learning content, which cannot be mentioned in the same breath.

3. Employment direction:

Finance major: Graduates can generally work as financial industry managers (because China's finance is based on macro-economic perspective), economic forecast analysis and management consultants, international trade practitioners, fund managers, securities brokers and stock analysts.

However, with the hot financial profession, the employment threshold of this industry is gradually rising. A good institution has the complex of prestigious schools, and also requires overseas study experience (Weibo), global vision, analysis and control of market dynamics. Therefore, the employment of students majoring in finance is prone to polarization. In addition, financial institutions have high risk coefficient, high work pressure and high requirements for people's comprehensive quality.

Business administration major: graduates can mainly work as clerks, administrative secretaries and administrative assistants, accountants, human resources assistants, sales representatives, business managers and so on. Graduates majoring in business administration can choose a wide range of employment. Enterprises and institutions and the business administration departments of governments at all levels are all useful places for business administration students, but these units all started from the grassroots.

4. Suitable students

Finance major: suitable for research-oriented (Sina evaluation) children, with high requirements for math scores, suitable for children with higher scores. Because the score determines the institution, high score means the improvement of the school platform, and it is more likely that the prestigious school has a high degree. At the same time, students majoring in finance need to pay attention to the cultivation of English ability if they want to get a good job.

Mastering proficient English will be of great benefit to your study and employment. If the school enrolls students in large categories, finance is a first-class discipline, which will include: finance, financial engineering, investment, insurance, financial mathematics, credit management, economy and finance.

Business administration major: It requires students with good grades in mathematics and Chinese, suitable for "enterprise" and "society", and requires students' communication skills, expression skills and organizational skills. If this is a major category of enrollment, it is necessary to distinguish the specific majors below it.

Because business administration as a first-class discipline includes business administration, marketing, accounting, financial management, international business, human resource management, auditing, asset evaluation, property management, cultural industry management, labor relations, sports economy and management, financial accounting education and marketing education. If you study accounting, auditing and financial management, it is suitable for "transactional" children to learn.

Extended data:

Finance major is an applied economic discipline differentiated from economics. It takes the economic activities of money and monetary funds as the research object, and specifically studies how individuals, institutions and governments obtain, spend and manage funds and other financial assets.

Ranking of Universities Majoring in Finance (China)

1, Southwestern University of Finance and Economics 5★

2. China Renmin University 5★

3. Xiamen University 5★

4. Central University of Finance and Economics★

5. University of International Business and Economics 5★

6. Peking University 5★

References:

Baidu encyclopedia-business administration

China Industry Research Network-Ranking of Financial Universities (China)