Business Management is a versatile profession choice with abundant job opportunities in the market to match your ambition, skills and interest. Talented and professional business managers are in demand and with growing business industry all over the world, this demand will only increase. So whether you are interested in launching your own business and turning into an entrepreneur or joining a fortune 500 corporate firm, a business management degree can do wonders in lifting up your skill set.
Management Career Basics[/b]
Business management career opportunities differ on the basis of role, departments, functions, salary expectations, education and experience required. Business management can be usually applied in areas like HR, marketing, administration, operations, strategic planning and research, irrespective of the industries, from FMCG to Healthcare and Real Estate to Information Technology.
A Graduate degree[/b] can qualify you for an executive level job with MNCs such as business analyst, HR or account executive, Marketing or sales executive, Management consultant, Admin executive etc.
A Post-Graduate degree[/b], however, is more elaborate and helps you land at better positions like Retail store managers, Mid- Managerial level positions with corporate; office managers, account managers, relationship managers and client servicing etc. Some start-ups may even elevate you to senior level positions like Chief Executive Officer or Vice President in short span if you impress them with your unmatchable talent. The scope is immense, and varies from person to person depending on his educational background, talent and skills.
Salaries[/b] for every position also vary largely from business to business. Some businesses are pay-masters while others are not. An executive in one company may sometimes earn more than a manager from another company. Location, position, education and experience play important role in determining pay-outs. So, conduct independent research to determine your actual earning potential.
Popular Career Options[/b]
Finance Officer[/b] – Any business can appoint a finance management graduate to handle his capital and investments. Position may vary from entry to Managerial level.
Business Manager[/b] – Both small scale or large companies hire business managers to supervise their operational management.
Business Development Executive[/b] – Any business wants to grow, and so they employ management degree holders to help them grow their business, strategize new tie-ups, understand the market trends and maintain a relationship with clients
HR Manager/Executive[/b] – HR specialization gives you great understanding of organizational behavior, recruitment and payroll management. So be it a corporate or a recruitment agency, they would prefer a specialist to handle their Human resource department.
Marketing or Sales Specialist-[/b] Marketing and sales are creative fields and not every one’s cup of tea. Companies hunt for creative and presentable people for these roles.
Office Administration Executive[/b] – Administration manages the whole running of a business. A management graduate helps them manage it better.
Relationship Executive[/b] – Clients are asset for any company and crucial for their development. Maintaining healthy relationships with existing clients and obtaining new clients is the main expectation from this role.
These career roles are common to various industries and with a flourishing business economy; the need for talented people is increasing. Many companies also provide on the job training and internships to help students understand the working of their business to fit in well. But for any of these careers it’s imperative to start your path with a strong educational foundation followed by a business management degree. So if you get along with people well, and have interest in the working of business and various new technologies and trends, then you could be a success in the business management career.