The Math coursework can frighten many aspiring business students. If you want to pursue a Business Administration degree, then Math might be a place of concern for you, especially if you have had a dreaded experience with this specific subject and course. Are you anxious about math requirements and can’t decide whether Business Administration or other equivalent majors are right for you?
The role of mathematics is undeniable in almost every business major. Is Math hard in Business Administration? In short, Math coursework is less challenging in business schools compared to other majors. If you consider the right guidance and a little patience, then math can’t deter you from pursuing a promising career with a business major.
What Do You Mean by a Business Administration Degree?
Before you calculate how hard Math is in a Business Administration degree, it’s important to get an overview of this degree. A business administration bachelor’s degree is a multidisciplinary and panoramic approach that educates students to overcome business, finance, and management challenges.
After completing the course, a student will be aware of how a business works, theories of business management, and what is needed to set up and run a successful business. In addition, a business administration degree makes you understand how to motivate employees to get their best skills implanted in the business and compete in an international market.
What are the Math Requirements for a Business Administration Bachelor’s Degree?
Honestly, math courses might vary from one business school to another since every institution is different. Understanding business calculus and statistics is a preliminary requirement for any business student.
However, you can expect the following in-general math requirements for a business administration bachelor’s degree in most business schools or colleges.
Economics for Managers
What factors are responsible for a business’s success? Economics for Managers has the answer for you. On the other hand, this coursework doesn’t focus on the math behind the economic trends or the financial forecasting. Instead, this specific curriculum assists you to check out the economic trends. Thus, you can decide the best for the concerned business.
Accounting
Accounting is the study associated with financial reporting. This might sound terrifying, but believe us, it’s not. This curriculum doesn’t demand a bunch of complicated calculations. Rather, you need to put numerics in the proper context, and you’re good to go with Accounting.
After completing the Accounting curriculum, you will learn the role of assets and liabilities, how to read a profit and loss statement and understand payroll and other expenses.
Managerial Accounting
Now, this curriculum wants you to focus on arithmetic. A business administration and management bachelor’s degree include managerial accounting for the following purposes:
- Budgeting
- Analysing expenses
- Evaluating profits and more
The role of managerial accounting doesn’t end here. This curriculum also allows you to use the derived data to foresee your business opportunities and future. Thus, you can make informed decisions about layoffs, raises, payroll, etc.
Finance for Managers
This subject lets you shed light on finance from the point of view of a manager. Finance for Managers help you cover corporate financial information. On the other hand, this subject will give you an overall understanding of financial planning. So, take a sneak peek into the financial management roles with this particular curriculum.
Math Requirements for a Business Administration Master’s Degree
If you are ambitious about a more insightful look into how to operate a business, then a master’s degree in business administration is the perfect choice. Is math hard in a business administration master’s or post-graduate degree?
The master’s degree will assist you in learning to analyse the current market trends and how they can impact your business, how to handle sudden losses and profits, and predict the future of your business. Does it require complex calculus, algebra, or geometry?
This will relieve you from the unnecessary stress that a business administration master’s degree doesn’t need you to pursue complex math problems and courses. Here are the math courses that you need to take part in for a business administration master’s degree:
Management Accounting
This class is advanced accounting. However, managerial accounting is not all about mathematics only. Not to mention, you have to deal with numbers and data. Still, that data will help you decide your business’s best course of action.
Financial Management
This course has something to do with mathematics, but this is simple math. Financial management lets you learn how much money to invest, how to allocate it among employees for salary, and how to make a profit. Overall, you have to calculate some basic maths, and you can even use a calculator.
Management Analytics
Are you interested in a manager role in thriving companies? Then, a good manager should know how to analyse and synthesise piles of data at once. However, management analytics hardly demands you to know calculus inside out or learn computer programming. You will be introduced to basic analytics and what they mean.
Managerial Economics
Economic factors can impact financial decisions for real. And, this managerial economics helps you realise that. Managerial Economics lets you understand how to apply the calculations you have learned. Additionally, you can analyse your business data and predict the future with managerial economics.
Do You Have to Take a Pure Math Curriculum for a Business Management Degree?
So far, you have noticed the math requirements for a degree in business administration. However, a business management degree doesn’t require a pure mathematics course. You have to learn and practise basic business mathematics, which will be enough.
Don’t worry, as these classes don’t include advanced mathematics courses. For example, you have to pursue the following basic mathematics operations:
- Arithmetic
- Algebra
- Economics
- Business calculus
- Accounting
- Statistics
How to Confront Math Anxiety?
Leading a business career is propitious. Is math hard in a business administration degree? This is a common question among aspiring business students who fear maths. Alongside this, maths is scary if you have returned to school after a few years.
Well, there’s no need to worry about math. Here are a few tips that will help you cope with the anxiety.
- First, identify from where your math anxiety arises. Did you have a teacher who kept telling you that you are not good at that subject? Or, it can be a history of struggling during math classes or exams. Whatever it is, identify the source and work on it.
- Math is not an impossible subject to succeed in. There must be a section of math that you have skills in. For example, it can be arithmetic or algebra. Whatever it is, find it and start practising.
- After that, look at your course requirements. Once you start getting considerable success in solving mathematical problems, we guess you won’t find maths terrifying anymore.
- Take your time and start understanding how different math courses work and what their motives are in a business administration degree.
- Additionally, getting the right tutor to help you with the highs and lows of math will do the remaining work.
Thus, you can overcome the fear of mathematics and carry on your major in business.
In Conclusion…
No doubt, a business administration degree can make your career outstanding. However, if you are terrified of math and don’t want to pursue a major that relates to math, then here are some alternatives. These subjects or corresponding degree majors don’t require math.
For example, you can take Philosophy, History, Foreign Language, English Literature, Theatre Arts, Graphic Design, Cultural Studies, Public Relations, and more.
Wish you the best for your future!
