We have previously discussed the differences between Business Administration and Business Management. Now we list the career opportunities along with the qualifications and primary duties for both studies.
An accountant has very strong attention to detail, is data-driven and analytical. They can create financial reports at different intervals for departments in the company. In ensuring that the company’s finances are stable, they may track and analyze data from the past to make sound future financial decisions. Accountants may also recommend these decisions to the management team to help ensure the company is using effective finance and budgeting strategies.
2. Business consultant
Business consultants generally advise managers on how their businesses can be more profitable by increasing revenue and decreasing costs. They can do this by highlighting the problems in a company’s processes and finances and providing scalable solutions for improvements. Management consultants typically help businesses improve efficiency.
3. Marketing specialist
Marketing specialists are responsible for finding the best, most efficient, and effective ways to sell a company’s products by collaborating with the marketing team to build campaigns. These campaigns may center on market analysis, product marketing, and content management. Specialists can also gather data on different customers within their target audience to know what strategy works best.
4. Business analyst
A business analyst has a good understanding of products and has strong leadership and problem-solving skills. They generally carry out reports on the business to identify what areas require improvement. Business analysts may also act as project managers by executing different projects to provide solutions to issues within the company. They can also use software to build strategies to improve a company’s operations.
5. Human resources specialist
Human resource specialists are primarily in charge of the recruitment efforts of a company. They can use strategic recruitment processes to search for the best candidates and help manage current employees by improving company culture. These specialists may also process employee personal information, payroll, and tax forms while paying attention to employee needs. The job requires strong time-management, communication, and teamwork skills.
- Financial reporting manager
A financial reporting manager is usually a driven, critical thinker who works with the legal and finance departments. They mainly work with the leadership of the business or central management to help determine how best to spend its budget. As a result, these managers review financial documents and develop financial strategies for different business goals.
2. Sales manager
This role often consists of strategy-driven people with strong communication skills. Sales managers can create sales and business strategies to improve their team’s efficiency and performance. Sales managers may also train and drive employees to meet set quotas and engage with customers.
3. Operations manager
Operation managers have strong leadership, effective problem-solving, and team-building skills. Operations managers can supervise different business departments to ensure that they’re well-equipped to meet company goals. They may also work with departments like sales, human resources, and marketing to ensure that they complete tasks in due time. Operations managers can create financial plans and may help the company in its budgeting efforts.
4. Management analyst
This role requires strong analytical, critical thinking, and leadership skills. Management analysts help the company identify which strategies they can use to increase productivity in daily tasks. For example, analysts may create manuals on best practices for each department for managers to follow.
5. Financial advisor
Financial advisors may work for independent organizations and help clients navigate personal finances by learning about insurance policies, investment, and retirement options. They can also help clients research investment options best suited for them and handle the investments. They may present reports to clients on the progress of their investments. These investment options may be in stock options, mutual funds, or bonds.
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