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Business Administration vs. Finance Degree: An Overview

A degree in business administration or finance can lead to opportunities in both large and small organizations in the public and private sectors. Both degrees also provide a solid foundation and are good preparation for entrepreneurs who want to start their own businesses.

There is often considerable overlap among the courses that business administration and finance students must take, particularly during their freshman and sophomore years. Both degrees involve taking a significant amount of basic math as well as accounting, statistics, economics, and business law courses.

Either degree would be beneficial in landing a future job. According to the U.S. Bureau of Labor Statistics (BLS), business and finance jobs are expected to grow 5 percent by 2029, with 476,200 new jobs predicted on the horizon.

Key Takeaways

  • A finance degree places a greater emphasis on math to prepare students for a job that entails financial analysis.
  • A business administration degree will emphasize managerial skills and human resource skills, such as interpersonal relations and customer service.
  • Both degrees involve taking a significant amount of basic math, as well as accounting, statistics, economics, and business law courses.
  • A business administration or a finance undergraduate degree is considered sufficient preparation for many entry-level jobs like those in the commercial banking, money management, real estate, and investment banking sectors.

Business Administration Degree

A business administration degree, such as a Bachelor of Business Administration (BBA) or a Bachelor of Science in Business Administration (BSBA), generally offers a broad grounding in the world of commerce. In addition to analytical skills, a business administration program may focus on interpersonal or “soft” skills to a greater extent than a finance program.

For example, a program may expect its business administration graduates to demonstrate an in-depth knowledge of human resources