Administration, business, and economics provide a broad base of understanding commerce. While administration is more focused on management issues, business examines the different disciplines involved such as distribution, accounting, marketing, human resources and operations. Economics is the study of the factors driving business, like supply and demand.

The MSc, or Master of Science, is an internationally recognized academic degree that indicates proficiency and knowledge of a given topic or field. Most MSc programs take about four years to finish, after which some join the workforce while others continue on in the classroom.