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Hintergrundbild des Studienbereichs Economics and Business Administration

Economics and Business Administration

In economics, a distinction is made between business administration (BWL) and economics (VWL). Business administration deals with the economy of individual companies, including marketing, finance and accounting, controlling, human resources and also questions of strategy and planning. Economics (VWL), on the other hand, deals with the economy of an entire country or society.

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