CADE

Mission

Our mission is to educate free and honest people, capable of undertaking and creating value for organizations and positively transforming society. The College of Administration and Economics educates generalists capable of flexibly contributing their knowledge within the company and generating sustainable business synergies.

Vision

The College of Administration and Economics will be a model of business education within the philosophy of Liberal Arts, leader in the training of entrepreneurs in Ecuador and recognized for the quality and leadership of its graduates and for its positive impact on the community.

What is Administration?

Administration is a professional discipline that applies scientific and mathematical approaches to the operational processes and managerial decisions of organizations. This discipline combines both quantitative methods such as probabilistic analysis, statistical inference, optimization, mathematical models, and programming, as well as qualitative methodologies such as communication, organizational behavior, and psychology. Administration is used in virtually all areas of business, industry, and government, for example:

• Financial services
• Marketing and Sales
• Operations
• Manufacturing, engineering, and state-of-the-art technology
• Transportation systems
• Service Industries such as Health and Insurance
• Strategic consulting

Administration, as a science, focuses on the design and management of complex systems, and is used to investigate a wide range of strategic and logistical problems. For example, a financial analyst, an organizational leader, and a marketing manager can apply financial management techniques to answer the following questions:

• What is the best investment portfolio for a client who wants to retire 15 years from now?
• What management decisions generate value for the organization beyond profits?
• What is the optimal cost/benefit mix of multiple product lines?

These are multifaceted and complex problems involving an element of risk. The discipline of Administration provides a systematic approach to solving them using quantitative and qualitative techniques that analyze the human and social dimensions involved. Management solutions take into account the real-world complexity, constraints and effort required to find viable, sustainable, and responsible solutions with substantial resource savings.