Open Journal of Business and Management, 2021, 9, 1680-1695 https://www.scirp.org/journal/ojbm ISSN Online: 2329-3292 ISSN Print: 2329-3284 DOI: 10.4236/ojbm.2021.94092 Jul. 13, 2021 1680 Open Journal of Business and Management Forecast of Changes in Business Administration Driven by Digitalization Susann Wieczorek 1 , Sven Ludwig 1 , Lars Büttner 2 , Mathias R. Bauer 3 , Peter Markovič 4 1 West Saxon University of Applied Sciences of Zwickau, Zwickau, Germany 2 City University of Applied Sciences Bremen, Bremen, Germany 3 University of Applied Sciences Augsburg, Augsburg, Germany 4 Department of Corporate Finance Bratislava, University of Economics in Bratislava, Bratislava, Slovakia Abstract This paper on hand deals with a research gap, since there were no sources on the topic of changes in business administration studies induced by Industry 4.0 until the year 2018. For this reason, a document analysis was used to ex- amine essential studies from the years 2010 to 2016. This was followed by twenty interviews with experts from universities and companies. Further- more, a total of 71 people took part in a subsequent online survey. With digi- tization, the requirements for business administration graduates are also chang- ing from technical competence to methodological and digital competence. Digitization has an impact on all areas, politics, society and the economy. The higher education sector is not unaffected by this either, because universities are forerunners in the transfer of knowledge. For this reason, there is a need to reform and at the same time strengthen the education system. Educational institutions should focus on effective learning and relevant learning content. Thus, the present research deals with the changes at university (especially business studies) and company level induced by Industry 4.0, focusing on the demands on business economists coupled with the entrepreneurial changes of tomorrow. Using the mixed-method approach, a qualitative and a quantita- tive research approach was carried out. This was based on a three-step se- quential research approach: 1) document analysis, 2) expert interviews and 3) online surveys. As a result, the majority of the experts that have participated in the survey confirmed a strong impact of digitalization on the working en- vironment. This change of the workplace requires an adaption by the em- ployees as well as a revision of academic curriculars. Traditional education in business administration is not obsolete, however, requires a stronger link with topics of information technologies. Business administration in higher How to cite this paper: Wieczorek, S., Ludwig, S., Büttner, L., Bauer, M. R., & Markovič, P. (2021). Forecast of Changes in Business Administration Driven by Digita- lization. Open Journal of Business and Man- agement, 9, 1680-1695. https://doi.org/10.4236/ojbm.2021.94092 Received: April 28, 2021 Accepted: July 10, 2021 Published: July 13, 2021 Copyright © 2021 by author(s) and Scientific Research Publishing Inc. This work is licensed under the Creative Commons Attribution International License (CC BY 4.0). http://creativecommons.org/licenses/by/4.0/ Open Access