Business Administration & Management Careers | Two Tigers

Posted on Mar 3, 2013

Business degrees are very popular these days. If you are considering a career in business administration or management, you might be wondering what kind of career options might be open to you? The truth is that business administrators form the core of most businesses ? big and small ? and there are practically infinite career options available out there. Let?s have a look at some of them.

Career options

1. Accountant: accountants are responsible for keeping accurate track of all financial responsibilities of a business. This includes preparing financial reports and forecasts, keeping track of all incoming and outgoing payments, and so on. There are all kinds of career paths available to accountants (such as tax accounting) and your salary will normally increase with experience.

2. Banker: bankers are found in both retail and commercial banks and are responsible for dealing with customers, overseeing financial operations and establishing long-term relationships with their clients. Banker salaries can vary greatly depending on area of work, specialization, performance and so on.

3. Manager: managers work in all sorts of business/retail environments and are responsible for overseeing day to day operations and ensuring that things run smoothly and to plan.

Now, the above are just some of the most common careers that people choose. There?s a whole range of other career options available in non-profit organizations, educational institutions, insurance companies, marketing firms, government organizations, security management, hospitality and travel companies, etc.

Education

While most business administration jobs do not require a specific degree and (at least technically) you should be able to progress from an accounts clerk to a division manager based solely on your job performance, it is certainly much simpler to get a foot in the door with a high-end degree (such as mathematics, physics, business management, finance or accounting).

Now, some specializations will always require a degree. For example: if you want to be an accountant, you are going to need at least a bachelor?s in a numerical discipline plus 2-4 years of on-the-job training. Most CEOs and other high-level management positions will also require an advanced degree (MBA is a popular choice).

It is important to note that the more barriers to entry (such as education, professional accreditations and so on), the easier it is to find employment and the pay is also substantially better. Have a look at this article about business administration jobs for more information.

Source: http://www.twotigers.org/business-administration-management-careers/

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