Business Management Job in USA
Business management jobs offer a variety of career options in the business world. These jobs include managerial functions like marketing, accounting, and human resources.
A business manager’s job may also involve analyzing reports and coming up with practical ways to improve the company’s performance. Other positions, such as actuaries, help businesses minimize identified risks.
Management Analysts
Management analysts research ways for businesses to become more efficient and profitable. They help companies find new ways to deliver services, organize employees or reach customers. They also recommend changes in procedures, equipment and other aspects of a business.
These workers often specialize in a specific industry or type of company. Â Management analysts also might specialize by type of project.
To begin a career in management analysis, a jobseeker needs at least a bachelor’s degree. Many employers prefer candidates who have a master’s degree in management, accounting or another subject that provides an appropriate background for the job. Those who want to increase their chances of landing management analyst jobs should seek out degrees in business, economics, management theory, accounting, finance, information science and statistics.
Retail Managers
Business management is a versatile career that offers the opportunity to work in a wide range of industries. It is a good fit for people who are self-driven and enjoy working in a team environment. It also offers the potential for financial and personal fulfillment.
They must consider a number of factors, including staffing needs, supplier logistics, finances, and store layout.
In addition to a career in the retail industry, business management graduates can also find jobs in marketing, advertising, public relations, and corporate communications. According to the Bureau of Labor Statistics, employment in management occupations is expected to grow by 9% over the next decade.
Human Resources Managers
A human resource manager is the person who manages all the employees of a company. They are responsible for hiring, training, and promoting staff. They also oversee the company’s safety policies and procedures. They are usually the supervisor of a human resources department and have a team of HR coordinators, assistants and generalists reporting to them.
They must be familiar with federal and state laws regarding employment and labor relations. They also help company leaders implement strategies to meet the needs of the workforce.
A bachelor’s degree in HR management can prepare a professional to become an effective human resources manager. Maryville University offers an online bachelor’s degree in human resources management that can help students develop the necessary skills for a successful career.
Marketing Managers
Most companies require qualified business managers to direct their marketing efforts. These professionals resolve customer complaints, prepare budgets and monitor sales statistics to develop effective advertising and marketing campaigns.
Business management skills are in high demand in both the private and public sectors. Careers in government, non-profit administration and consultancy allow professionals to apply their skills to a wide range of human endeavors.
Many business management professionals with advanced degrees work toward becoming entrepreneurs themselves. This common career path offers greater opportunities for earnings and advancement potential than other management careers. Those who wish to start their own enterprises often choose to concentrate in entrepreneurship classes, where they learn how to draft business plans and obtain financing. They also build marketing research and business communication skills to promote their new companies and products.
Financial Managers
Financial managers plan and direct the accounting, investing, banking, insurance, securities, or other financial activities of an establishment. They also prepare budgets and control risk by analyzing information, assessing past performance, and anticipating trends and developments. They are employed in all types of organizations, including businesses, government agencies, educational institutions, and non-profit entities.
According to the Bureau of Labor Statistics, employment for financial managers is projected to grow at a rate of 17% between 2020 and 2030. This is significantly faster than the average job growth rate for all occupations.
The most common educational qualifications for financial managers are a bachelor’s degree and advanced degrees in business administration, finance, or economics. Applicants are typically required to have field experience in other related financial positions as well.