Business Management and Administration is a broad cluster that encompasses roles found in virtually every industry and type of organization.
A business career can be exciting and motivating; many occupations in this cluster typically offer potential for career advancement with increasing responsibility and income.
Business management and administration careers that require a high school diploma or equivalent include secretaries and administrative assistants, office clerks, customer service representatives, interviewers, mail carriers, and shipping and receiving clerks.
With an associate’s degree, certificate, or other short term training program, candidates may qualify for work as customs brokers, energy auditors, computer operators, patient representatives, human resources assistants, and supervisors of office workers.
A bachelor’s or graduate degree is required to work as a financial analyst, accountant, fundraiser, compliance manager, human resources specialist, management analyst, or sustainability specialist.
Some careers have variable qualifications depending on the industry and specific employer, for example general and operations managers and meeting, convention, and event planners.
Entrepreneurs are also included in this cluster; they create new businesses and take on both the chance to earn rewards and the risk of losses. Entrepreneurs often generate new ideas, services or products, and ways to reach potential buyers.
Is a career in business management and administration for you? Keep these points in mind:
- Corporations often recognize hard work and achievements with benefits such as salary increases, stock options, bonuses, and the chance to work on new challenges.
- Management careers typically require some knowledge of accounting, marketing, data analytics, and relationship management.
- Large corporations are more prone to reorganizing and laying off employees than smaller businesses.
- Knowing how to use data to improve business decisions is a top in-demand skill in virtually all industries.