STUDY BUSINESS ADMINISTRATION

Business Administration Studies

The administration of a business consists of the performance or management of business operations and thus the making or implementing of a major decision. Administration can be defined as the universal process of organizing people and resources efficiently so as to direct activities toward common goals and objectives. The word is derived from the Middle English word administracioun, which is in turn derived from the French administration, itself derived from the Latin administratio — a compounding of ad ("to") and ministratio ("give service").

Administrator can serve as the title of the general manager or company secretary who reports to a corporate board of directors. This title is archaic, but, in many enterprises, this function, together with its associated Finance, Personnel and management information systems services, is what is intended when the term "the administration" is used. In some organizational analyses, management is viewed as a subset of administration, specifically associated with the technical and mundane elements within an organization's operation. It stands distinct from executive or strategic work. In other organizational analyses, administration can refer to the bureaucratic or operational performance of mundane office tasks, usually internally oriented and reactive rather than proactive.

The world's first business school, the Ecole Supérieure de Commerce de Paris, France, was established in 1819. The first business school in the United States, the Wharton School of the University of Pennsylvania, was founded in 1881. Anecdotically, top French business school HEC was also created in 1881, while Harvard Business School, founded in 1908, was born just one year after France's prestigious ESSEC Business School.

Administrative functions Administrators, broadly speaking, engage in a common set of functions to meet the organization's goals. These "functions" of the administrator were described by Henri Fayol as "the 5 elements of administration" (in bold below).

Planning – is deciding in advance what to do, how to do it, when to do it, and who should do it. It maps the path from where the organization is to where it wants to be. The planning function involves establishing goals and arranging them in a logical order. Administrators engage in both short-range and long-range planning.

Organizing – involves identifying responsibilities to be performed, grouping responsibilities into departments or divisions, and specifying organizational relationships. The purpose is to achieve coordinated effort among all the elements in the organization (Coordinating). Organizing must take into account delegation of authority and responsibility and span of control within supervisory units.

Staffing – means filling job positions with the right people at the right time. It involves determining staffing needs, writing job descriptions, recruiting and screening people to fill the positions. Directing (Commanding) – is leading people in a manner that achieves the goals of the organization. This involves proper allocation of resources and providing an effective support system. Directing requires exceptional interpersonal skills and the ability to motivate people. One of the crucial issues in directing is to find the correct balance between emphasis on staff needs and emphasis on economic production.

Controlling - is a function that evaluates quality in all areas and detects potential or actual deviations from the organization's plan. This ensures high-quality performance and satisfactory results while maintaining an orderly and problem-free environment. Controlling includes information management, measurement of performance, and institution of corrective actions.

Budgeting – exempted from the list above, incorporates most of the administrative functions, beginning with the implementation of a budget plan through the application of budget controls.

Frequently Asked Questions

The applicant must choose the Course and University to study and send the email attaching scanned documents to info@wiseeducation.in or fill application form
The duration of MBBS course length is 6 years.

Dentistry, Pharmacy – 5 years, Nursing – 3 years.

Economics and Engineering courses designed for 4 years to get Bachelor degree.
The medium of instruction is "EGNLISH", “RUSSIAN”
No, it is not mandatory, but applicant should speak English in good command to be able to study well.
Tuition fee are to be paid full for the 1st year, and can be paid in installments in senior years
Preparatory Course is a special educational program with duration of 1 academic year (7-10 months). At Preparatory Course students study Russian or Ukrainian language and the special disciplines required depending on the future specialty chosen (mathematics, physics, chemistry, biology, computer science, geography, history).
After completing Preparatory Course student will pass through an examination. In case of a successful passing of the examination, student receives the Certificate of Preparatory Course . This certificate guarantees a student admission to any Ukrainian university. But if the student chooses training in English he / she does not need to study Preparatory Course or pass the exams, he / she enters directly the first year of the degree course.
The academic year consists of 2 semester with summer and winter holidays. Summer holidays last for 2 months, July-August, and winter holidays last for 1 month in February.
Yes, Ukrainian degrees are valued and recognized globally.
The University Hostels are available for accommodation and lies between 500-1000 USD per year.
International students from all the countries worldwide must get student visa from the Embassy of Ukraine
The applicant must before all receive invitation to study issued from the Ministry of Education and Science of Ukraine
Wise Education Group is licensed company, authorized by the Ministry of Education and Science of Ukraine in order to receive invitations to study and guide international students via admission process, studying and graduation from the University.
The invitation to study is an official document, which is processed by the Ministry of Education and Science of Ukraine. It confirms that the student is admitted to a particular University. It specifies your passport details and the full name of the University. This invitation support letter is required by the Ukrainian Embassy to stamp the visa on your passport. Generally, it takes around 3-4 working days for the invitation to be processed at the Ministry of Education and Science. The invitation is valid for 6 months from the date of its issuance and the student need to apply to the Ukrainian Embassy within a validity term.
The student should inform Wise Education Group about arrival date by email, attaching scanned flight ticket and visa page of passport, as the customs immigration rules are strict and Wise Education Group must arrange airport formalities in advance and send authorized person to the airport,.
Usually the expenses for first month of staying in Ukraine are more than those of the subsequent months. You’ll need about 500 USD for the first three months of staying in Ukraine. This is due to the reason that the student would need to pay the registration charges, purchase items of necessity etc. Subsequently, the average monthly expenses for food are about 100$ -150$.
Parents can send the money to the student’s bank account in Ukraine by the way of a wire transfer. The student is recommended to open a bank account as soon as the process of registration is completed, which normally takes around 10-15 days. After the registration is completed the student is required to come to the office of bobtrade.net, where one of the representatives would assist him / her to open a bank account where the parents could transfer the money.
Hostel accommodation is guaranteed for each applicant with immediate shifting on arrival. Facilities in hostels are not limited to beds; cupboard; heating; refrigerator; TV-set; bath-room (bath/shower, water closet); bedclothes; table; safe; WI-FI Internet connection over the campus.
Calls from Ukraine to all over world is approx. 0,01-0,05$/min. 3G Internet / Wi-Fi is available in all Hostel rooms, approx. 5-10$/month
Wise Education staff constantly supervises the process of studying and receives information on the student’s academic progress on a regular basis. The representatives of Wise Education Group communicate with professors on behavior and progress of our students. The information received is sent by the representatives to the students’ parents.
Ukraine is the second largest country and situated in the south-eastern part of Europe.
Kiev is the Capital of Ukraine, which has an overall population of 50 million (UN, 2004 data).
The currency used in Ukraine is Hryvnia and the coins are known as Kopiyka. US Dollars are also acceptable. US$ 1 = 25.00 Hryvnia approximately.
The common languages are Ukrainian, Russian, English, and also Polish , Hungarian and Romanian.

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