Business Administration

Acquire a broad knowledge of modern business and management with an opportunity to concentrate in Accounting, Financial Services, Management, Small Business, or Public Administration. The Bachelor’s Program lays the groundwork for a managerial career, offering targeted courses where you can focus on your specific professional goals.

Degrees offered: B.S, B.A. or A.S.
Offered in Augusta, Bangor, at sites statewide and online


Business Administration

About

UMA offers both the Bachelor of Science in Business Administration and the Associate of Science in Business Administration.

As a candidate for the Associate Degree, you will acquire a broad knowledge of modern business and management theories and practices through a carefully structured curriculum enhanced by courses in the liberal arts.

As a student in our Bachelor’s Program, you’ll be prepared to assume a managerial position upon graduation. The program will provide you with a broad knowledge of modern business and management theories, through a carefully structured core curriculum consisting of courses in finance, accounting, economics, strategic management, legal and social issues, management, operations research, marketing, and computer information systems. In addition, you’ll acquire a broad cultural background by taking courses in the arts, English, humanities, and social and natural sciences.

As a Business Administration Major, you will also get to choose a major in either management or accounting; students in the management major may also elect a concentration in Public Administration, Computer Information Systems, Financial Services, or Small Business.

Skills You'll Aquire

Students in UMA’s Business programs develop a wide array of marketable skills including self-confidence, cultural awareness, written and oral communication expertise, critical thinking, technical accounting, and analytical and managerial abilities. In addition, a working knowledge of computers, spreadsheets, small business practices and accounting principles have contributed to the success of Business Program graduates in such fields as marketing, management, tax accounting, and auditing. Below are just some of the skills you’ll develop in our program.

CommunicationTechnical
Public speaking
Supervising others
Hiring and training others
Persuading others
Writing reports
Explaining information to others
Using spreadsheets
Managing information systems
Understanding legal concepts
Preparing financial statements
Computing tax information
  
QuantitativeAnalysis
Applying statistical procedures
Developing budgets
Interpreting numerical data
Projecting/forecasting results
Utilizing accounting systems
Evaluating policies
Determining cost/benefit ratios
Making investments
Evaluating and interpreting data
Organizational planning
Understanding market dynamics

Careers You Can Seek

Business students are prepared to succeed in a wide range of positions. The following list of occupations offers a glimpse of opportunities pursued by our Business majors.

Financial ServicesPublic Sector
Bank Loan Officer
Comptroller*
Tax Preparer
Financial Planner
Commodities Trader
Certified Public Accountant
City Clerk
Internal Revenue Service Agent
City Accounting Assistant
Medicare Office Manager
Hospital Administrator*
Financial Aid Advisor
  
Business/Industry 
Retail Buyer
Auto Dealership Sales Manager
Cost Accountant
Franchise Sales Director
Accounts Payable Office Manager
Insurance Agent Benefits Specialist
Real Estate Sales/Broker
Executive Secretary
Marketing Research Assistant
Credit Manager
Telemarketing Sales Director
Human Resources Manager
 

* Graduate level study is generally required for these occupations.

Learning Outcomes

Learning Outcomes

Students who graduate with a Bachelor of Science in Business Administration should have:

  • A well-rounded understanding of the major functional areas of business including:
    • The ability to prepare, read, analyze and communicate financial information
    • The ability to use financial information in managerial decisions
    • An understanding of the duties of a manager: planning, organizing, directing, and controlling
    • The ability to use the marketing mix to successfully perform in the environment of marketing
    • An understanding of the fundamental legal concepts and their application to the business community
    • A basic knowledge of the use of information technology in managing organizations
    • The ability to apply modern scientific and mathematical methods to management problems
    • The ability to coordinate the knowledge learning in program core courses in the formulation and administration of sound business policy using case analysis and discussion
  • Well-developed written and oral communication skills
  • The ability to utilize current technology
  • Strong analytic and critical thinking skills
  • And the ability to:
    • Understand ethical decision models
    • Conduct both quantitative and qualitative analysis of business problems
    • Form opinions based on analysis
    • Support conclusions with evidence

Learning Outcomes

Students who graduate with an Associate of Science in Business Administration will have developed the ability to assume responsibility for an entry or mid-level managerial position in an organization.

This program provides students with a broad knowledge of modern business and management theories through a carefully structured core curriculum consisting of courses in accounting, economics, management, and computer information systems. Students have the flexibility to elect a concentration in management, accounting, financial services, management information systems, or small business. While the program emphasizes business, it also provides a solid foundation in English and communications, fine arts, humanities, and natural and social science. At the time of graduation, the students should have:

  • a well-rounded understanding of the major functional areas of business including:
    • the ability to prepare, read, analyze and communicate financial information
    • the ability to use financial information in managerial decisions
    • an understanding of the duties of a manager: planning, organizing, directing, and controlling
    • the ability to use the marketing mix to successfully perform in the environment of marketing
    • an understanding of the fundamental legal concepts and their application to the business community
    • the ability to integrate course work into the writing of a business plan
  • well-developed written and oral communication skills
  • the ability to utilize current technology
  • strong analytical and critical thinking skills