When did "business administration" get lumped in with gender studies or social justice. I mean, I thought I was studying real subjects when I took classes in accounting, economics, management, etc. I must have risen to the level of Head of Operations (I'm ultimately responsible for 3 global services and 3 operations groups) in spite of my non-education.
It is not quite down that low, but it has suffered over the years.
My dad double-majored in business & econ. Did well enough in management & logistics. By the time I was to go to college, he warned me off a bachelor's in business. "We just hire them to man the call centers." All the folk moving up in his company were engineers who could also manage humans.
IME, a BA in business has lost a lot of its value as a credential, despite any practical skills/knowledge one may accumulate while pursuing it. I think it suffered as a credential as grade inflation took hold and colleges let every goober through the doors who could pay tuition or get student loans.
For my part, I found about half of my MBA courses to have useful & practical content; accounting, finance, entrepreneurship & business analysis being the most useful. Oh, and the business stats course was a review for me, but the prof was such a good instructor with such a great set of class notes, I minded not at all. Watching a master at his craft is something I find enjoyable.