1. Professional Development LAP 15
Go For It!
Careers in Business
Professional Development LAP 15

2. Identify types of careers in business. Professional Development LAP 15
Go For It!
Careers in Business A
Identify types of careers in business. B
Describe traits, skills, and educational requirements needed for success in business careers.
Professional Development LAP 15

3. A
Identify types of careers in business.

4. Business careers—all shapes and sizes!
Endless possibilities

5. Three Categories of Business Careers
Management and administration
Finance
Marketing
Management and administration
Finance
Marketing

6. Management and Administration Careers
Exist virtually everywhere!
Include everything needed to keep business running smoothly

7. Management and Administration Careers
Categories:
Administrative services
Business information management
General management
Human resource management
Operations management

8. Management and Administration Careers: Administrative Services
Facilitate business operations through a variety of administrative and clerical duties
Are often called support staff

9. Management and Administration Careers: Administrative Services
Examples:
Secretarial and reception
Customer service
Records management
Office management

10. Management and Administration Careers: Business Information Management
Provide a bridge between business processes/initiatives and information technology (IT)
Help to align business and IT goals

11. Management and Administration Careers: Business Information Management
Job examples:
Project manager
Business analyst
Business process manager

12. Management and Administration Careers: General Management
Plan, organize, direct, and evaluate part or all of a business organization through the allocation and use of financial, human, and material resources
Assume supervisory responsibilities and make decisions, either big or small

13. Management and Administration Careers: General Management
Job examples:
Supervisor
Store manager or owner
District manager
Director

14. Management and Administration Careers: Human Resource Management
Focus on activities that involve planning, recruitment, selection, orientation, training, performance appraisal, compensation, and safety of employees
Serve as a link between top management and employees

15. Management and Administration Careers: Human Resource Management
Job examples:
HR generalist
Training manager
Benefits administrator
Recruiter

16. Management and Administration Careers: Operations Management
Plan, organize, coordinate, and control resources needed to produce/provide a business’s goods/services
Oversee activities including quality control, scheduling, procurement, and warehousing

17. Management and Administration Careers: Operations Management
Job examples:
Purchasing manager
Master scheduler
Quality manager
Supply chain manager

18. Finance Careers
Make strategic decisions to report, obtain, save, protect, and grow the financial assets of businesses and individuals
Require strong computational, analytical, and interpersonal skills

19. Finance Careers Categories: Accounting Banking services
Corporate finance
Insurance
Securities and investments

20. Finance Careers: Accounting
Record, classify, summarize, analyze, and communicate a business’s financial information and business transactions for use in management decision-making
Participate in such activities as bookkeeping, systems design, analysis, and interpretation of accounting information

21. Finance Careers: Accounting
Job examples:
Accountant
Auditor
Bookkeeper
Cost analyst

22. Finance Careers: Banking Services
Accept deposits, lend funds, and extend credit
Manage cash, short-term investments, mortgages and other loans, credit cards, and bill payment

23. Finance Careers: Banking Services
Job examples:
Loan officer/counselor
Credit analyst
Trust officer
Branch manager

24. Finance Careers: Corporate Finance
Manage policy and strategy for (and the implementation of) capital structure, budgeting, acquisition and investment, financial modeling and planning, funding, dividends, and taxation

25. Finance Careers: Corporate Finance
Job examples:
Cash manager
Capital budgeting specialist
Project analyst
Treasurer

26. Finance Careers: Insurance
Protect individuals and businesses from financial losses
Deliver “products” that transfer risk from an individual or business to an insurance company

27. Finance Careers: Insurance
Job examples:
Insurance agent
Underwriter
Claims adjuster
Loss control manager

28. Finance Careers: Securities and Investments
Support the flow of funds from investors to companies and institutions
Provide services including financial planning, asset management, mutual- or hedge-fund management, and custody services

29. Finance Careers: Securities and Investments
Job examples:
Securities sales agent/broker
Investment banker
Mutual fund manager
Financial analyst

30. Marketing Careers
Include opportunities whose processes create, communicate, and deliver value to customers and manage customer relationships in ways that benefit the organization and its stakeholders

31. Marketing Careers Categories: Marketing communications
Marketing management
Marketing research
Merchandising
Professional selling

32. Marketing Careers: Marketing Communications
Engage in marketing activities that inform, remind, and/or persuade the targeted audience of ideas, experiences, goods/services, and/or images
Use techniques including advertising, direct marketing, digital marketing, publicity/public relations, and sales promotion

33. Marketing Careers: Marketing Communications
Job examples:
Account executive
Public-relations manager
Media buyer/planner
Marketing- communications manager

34. Marketing Careers: Marketing Management
Participate in all marketing functions, including channel management, marketing information management, pricing, product/service management, promotion, and selling
Can be involved in a number of different industries, including sports, fashion, food, and travel

35. Marketing Careers: Marketing Management
Job examples:
Marketing specialist
Marketing manager
Product/Brand manager
Marketing director

36. Marketing Careers: Marketing Research
Engage in marketing activities that involve determining information needs, designing data- collection processes, collecting data, analyzing data, presenting data, and using data for marketing planning
Look for meaningful clues about what customers need and want and why customers do what they do

37. Marketing Careers: Marketing Research
Job examples:
Market research interviewer
Market research analyst
Market research supervisor, manager, or director

38. Marketing Careers: Merchandising
Focuses on efficient and effective product planning, selection, and buying for resale

39. Marketing Careers: Merchandising
Job examples:
Buyer
Merchandiser
Merchandise manager or division manager

40. Marketing Careers: Professional Selling
Perform marketing and management activities that determine customer needs/wants and respond through planned, personalized communication to influence purchase decisions and enhance future business operations

41. Marketing Careers: Professional Selling
Job examples:
Sales agent
Sales representative
District or regional sales manager

42. B
Describe traits, skills, and educational require-ments needed for success in business careers.

43. Educational Requirements for Business Careers
Ideal—bachelor’s degree or higher
Helpful degrees include:
Business
Business administration
Management
Marketing
Accounting
Finance
Economics
Communications

44. Educational Requirements for Business Careers
On-the-job training
Special certifications and licenses
Continuing education
Professional development

45. Skills and Traits for Business Careers
Math skills
Communication skills
“People” skills
Computer/Technology skills
Decision-making/ Problem-solving skills
Creativity
Enthusiasm/ Good attitude
Trustworthiness
Flexibility
Self-confidence

46. Business careers you’ve observed
What skills and traits are required?
Which appealed to you?

47. Internet diploma
Is it a good idea?

48. Acknowledgments Original Developers:
Sarah Bartlett Borich and Lelia Ventling, MBAResearch
Version 2.0
Copyright © 2014
MBA Research and Curriculum Center

49. Digital-based photography sources:
ThinkStock Photography
Various images used in this presentation are ©2014 Thinkstockphotos. All rights reserved

50. Copyright:
All photographic digital images on this CD are owned by the aforementioned photographic resources or their licensors and are protected by the United States copyright laws, international treaty provisions, and applicable laws. No title to or intellectual property rights to the images on this CD are transferred to you. These sources retain all rights and are not to be used, digitally copied, transferred, or manipulated in any way. To do so is a violation of federal copyright laws.