Sometimes taking care of your family means taking steps to care for and improve yourself; Your decision to get a new degree can be as much for them as it is for you. That's why you're likely to want to make a career choice that not only benefits those you love financially, but also lets you enjoy and expect to get into work every day. If you are considering a career in business management, the good news is that it is a great place to start.
You may be wondering – what exactly can you do with a degree in business management? The answer may not be as simple as you think – there are so many different options and careers you can choose as a business management professional. And this degree is not just for people who want a career in business – you will receive a very versatile education while studying business administration, which can prepare you for a wide variety of roles. We go into more detail about what you can expect to learn.
Studying for a degree in business management will provide at least a review of accounting objectives and how they relate to business. In addition, your degree will likely provide research on the theory and application of accounting principles from a managerial perspective. Regardless of the role you end up working in business, solid accounting experience and knowledge can be extremely beneficial. The knowledge you can gain from this class will be widely applicable in a variety of different career paths, whether you choose to work as an accountant or not.
Business management degree programs will integrate the seven key marketing perspectives, giving students a broader understanding when it comes to a variety of useful industry-specific marketing strategies and tactics. Some topics you can address when studying business management include:
- B2B Marketing (B2B)
- Market Research Techniques
- Business to Consumer Marketing (B2C)
- Consumer Buying Habits
Ethics and Business Law
Like this business management jobs list at Aston University shows that you will need to have a strong knowledge of business ethics and law; therefore, as a student, you should review the fundamental principles of law that apply to business transactions. Course materials will provide an overview of the ethical concerns that arise in the business world; Students will learn a lot about public and private law, partnerships and contract law. While for many students law classes may not be as exciting as others, a solid understanding of business law is crucial for those studying business administration.
Human resource Management
In any type of organization, human resources take on a huge amount of highly important work. A business management program will explore the importance of setting and managing organizational goals and objectives, procedures and policies. You can cover a variety of topics while studying the human resources side of a business management degree, including:
- Interviewing techniques
- Hiring process
- Disciplinary action
- Employee Benefits
A business management program will also explore a variety of management functions and study in more detail how they relate within an organization. This is achieved by analyzing the daily tasks and responsibilities held by each management role. Your study program will compare how division managers lead different teams, investigate cross-functional relationships, and explore the need to develop strong project management skills across a variety of disciplines.
What career options are available:
After spending 3 to 4 years learning all of the above, there are several career opportunities you may want to consider. Some popular careers among business administration graduates include:
Business analysts are tasked with collecting data about problems or procedures within the business. Then they should analyze the information they gather for possible changes or solutions to improve the situation. New and improved procedures can be designed based on a wide variety of data types, including employee interviews, inspection of company documents or on-site observations.
Typically, an administrative assistant's daily tasks include answering phone calls, updating database information, scheduling meetings, preparing invoices, and managing any incoming and outgoing mail or email. An administrative assistant should be someone organized and showing great attention to detail; as they are directly responsible for a wide range of tasks that ensure the smooth running of a business.
Customer Service Associate:
Customer service associates are – you guessed it – all about customer service. Your daily work involves listening to customer concerns and questions, placing orders, providing more information about a brand, product or service, or getting customer feedback. These business professionals are an essential part of any business, ensuring that customers and clients feel valued and that their needs and wants are met. Qualities that go a long way in this position include empathy and patience, as many customer service employees are a customer's first point of contact with a complaint.
It is the responsibility of a relationship banker to handle the entire customer relationship with a bank. This is a suitable career for business administration graduates who have a strong understanding and understanding of the financial side of business as they need to have a wide range of knowledge about the products and services offered by a bank, from personal checking accounts to investments and trust funds. A relationship banker works closely with his clients, listening to their needs and answering their questions in order to help them make the right decision for their business or personal finances.
Sales managers are the driving force behind sales goals and initiatives for a company. Your daily tasks include the following:
- Working to resolve customer complaints
- Monitoring customer preferences and behaviors
- Preparing Budgets to Maximize Sales Results and Determine the Focus of In-Company Sales Efforts
What will you do with a degree in business management?