Business Administration gives you the theoretical foundations of the subject, with a focus on business calculations, pricing and inventory costs. You learn to interpret financial reports, including key ratios, and to prepare full-cost calculations and different types of budgets. The course deepens your understanding of economic conditions and trends, and stresses the importance of optimising profitability for both the customer and your own company.
The aim of the course is for the student to gain theoretical knowledge of different forms of business, business economics concepts and the relationship between their different parts.
The aim of the course is for the student to gain theoretical knowledge of different forms of business, business economics concepts and the relationship between their different parts.
The basics of business calculations, pricing and inventory costs.
Reading and interpreting financial reports and central key ratios.
Preparing and applying full-cost calculations in practice.
Different types of budgeting and their uses.
Economic conditions, trends and profitability optimisation.
The course is for students in TUC's YH programmes who need basic knowledge of business administration as part of their future professional role, for example in sales.
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Sample Credential with placeholder data. Each credential is issued with the recipient’s details and is verifiable with the provider.