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In Business Management what are the various things you do in that field?
#business-management #management #business #entrepreneur #internship
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8 answers
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Patrick’s Answer
Business Management encompasses a broad range of roles and responsibilities. In order to be successful you will want to understand where you get revenue, the costs of running the business, technology needs, and the people that make it all happen. It is ideal to spend time in each area. Learn how each area works and learn what interests you.
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Becky’s Answer
A degree in business will open up several doors for you! A great field to join is IT product management. You'll work with business stakeholders, customers, product teams, and engineers to define, build, and ship really interesting products. The great thing about this field is that this role can be applied in pretty much every industry. You can work for companies in retail, social media platforms, data analytics, human resources, etc. So many great opportunities out there!
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Diana’s Answer
Business management is very broad in scope, which makes it very interesting! Are you interested in starting your own business? If yes, then it would be really great to study and get experience across all the key functions supporting a business (accounting and finance, operations, IT, strategy, HR, and sales). From my experience, the best way to learn about working in these areas is to find people in your network who work in those areas, and learn about the purpose of the group and why they are important to the business. Asking about what they do on a daily basis is a great way to get some real understanding of what to expect.
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Jagoda’s Answer
Hi Winona,
business and management are very broad fields - people of different skills and aspirations will be able to find their own niche.
I work in the field of innovation - it's about bringing new technologies and ideas into my organization to offer our customers something new/ better, to lower the production costs or to reduce manual effort for our staff.
During my work week I'd need to relay on knowledge and skills from multiple disciplines:
- finance - to review the financial performance of project and to decide how to allocate resources
- HR - to be a good team manager
- analytics - to understand and interpret data in various BI systems
- PR and communication - to share updates and milestones externally or internally
- law - to extend a contract with a vendor
- IT - to discuss some new exciting cloud capabilities
From the moment I went into business I had multiple occasions to reinvent myself and I am constantly learning and growing.
business and management are very broad fields - people of different skills and aspirations will be able to find their own niche.
I work in the field of innovation - it's about bringing new technologies and ideas into my organization to offer our customers something new/ better, to lower the production costs or to reduce manual effort for our staff.
During my work week I'd need to relay on knowledge and skills from multiple disciplines:
- finance - to review the financial performance of project and to decide how to allocate resources
- HR - to be a good team manager
- analytics - to understand and interpret data in various BI systems
- PR and communication - to share updates and milestones externally or internally
- law - to extend a contract with a vendor
- IT - to discuss some new exciting cloud capabilities
From the moment I went into business I had multiple occasions to reinvent myself and I am constantly learning and growing.
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Gabriela’s Answer
Hello Winoa,
There are many fields within the Business Management and for myself I am on a Human Resource Track. I didn’t have any idea of the Human Resource field and once I joined an organization in my University, I was more exposed to the different areas. From professionals that we have met in the organization many can go into different fields. Some examples are benefits, talent acquisition, and training & development. These specific areas are some that interest me because I love when people know they can trust me, and I can offer my knowledge. Hopefully that offers some help of what I have come across in the Business Administration with a Human Resource Track.
Best of Luck!
There are many fields within the Business Management and for myself I am on a Human Resource Track. I didn’t have any idea of the Human Resource field and once I joined an organization in my University, I was more exposed to the different areas. From professionals that we have met in the organization many can go into different fields. Some examples are benefits, talent acquisition, and training & development. These specific areas are some that interest me because I love when people know they can trust me, and I can offer my knowledge. Hopefully that offers some help of what I have come across in the Business Administration with a Human Resource Track.
Best of Luck!
Updated
Nino’s Answer
General business degrees are very versatile and will set you up for many career paths.
What you should be very aware of is that your first job will likely heavily sway which direction you go. I would pay close attention to where you begin for this reason. If you start in Marketing it may be harder to move to Human Resources down the road (though anything is possible).
A general business degree let's you have optionality during your starting point.
What you should be very aware of is that your first job will likely heavily sway which direction you go. I would pay close attention to where you begin for this reason. If you start in Marketing it may be harder to move to Human Resources down the road (though anything is possible).
A general business degree let's you have optionality during your starting point.
Updated
Zahid’s Answer
It is a very broad field. Business management degree programs prepare students to be able organizational managers through the different stages of an organization’s development. Hence, many institutions offer leadership courses with real-life team projects to help students prepare for their future jobs.
Here's the type of courses you would take if doing associate in Business Management:
Principles of Finance
Business Analysis and Intelligence
Human Resource Management
Functional and Project Management
Customer Service
And the type of courses if doing a bachelor's degree:
Accounting for Business Managers
Business Law and Ethical Behavior
Financial Decision Making and Risk Management
Dynamic Team Development
Organizational Behavior Analysis
You can either do a general Business Management major or you can specialize it. My bachelor's was in Business Management but specialized in Human Resource Management (HR) and Management Information Systems (MIS). With this I could get any job in HR related field, management related field or most IT related fields. Which is exactly what I did with my first 3 jobs; IT support, Retail management, and data analyst.
A business management degree is a recognized credential for many job positions. This includes being a non-profit manager, business analyst, banker, marketing analyst, and management consultant. In fact, there are 14 concentrations and 21 related majors , check them out at:
https://www.collegefactual.com/majors/business-management-marketing-sales/business-administration-and-management/related-majors/
Here's the type of courses you would take if doing associate in Business Management:
Principles of Finance
Business Analysis and Intelligence
Human Resource Management
Functional and Project Management
Customer Service
And the type of courses if doing a bachelor's degree:
Accounting for Business Managers
Business Law and Ethical Behavior
Financial Decision Making and Risk Management
Dynamic Team Development
Organizational Behavior Analysis
You can either do a general Business Management major or you can specialize it. My bachelor's was in Business Management but specialized in Human Resource Management (HR) and Management Information Systems (MIS). With this I could get any job in HR related field, management related field or most IT related fields. Which is exactly what I did with my first 3 jobs; IT support, Retail management, and data analyst.
A business management degree is a recognized credential for many job positions. This includes being a non-profit manager, business analyst, banker, marketing analyst, and management consultant. In fact, there are 14 concentrations and 21 related majors , check them out at:
https://www.collegefactual.com/majors/business-management-marketing-sales/business-administration-and-management/related-majors/
Updated
Veronica’s Answer
This is an extremely broad field. Business management has multiple levels and can be applied to any field. Generally speaking, though, it’s important to understand how your business (in whatever field you end up in) works. It’s important to understand the finances and accounting side. It’s important to understand what your company provides and how it provides it. You also need to understand Human Resources (at least in principle) and understand how to talk to people (presenting, one on one, professional and casual). Because of how broad your question is, no one can say definitely exactly what you would be doing on a daily basis. We can, however, tell you the general skill set you’ll need.
People don’t generally start was managers, so almost all of the hard skills can be learned along the way. The soft skills such as people management and leadership skills are usually some of the things that people think are natural. A sort of charisma that makes people like you, an empathy that makes you an understanding leader, the confidence to hold your own in business… these are things that come from personality. They’re highly important if you want to be a good leader.
I suggest you get a book or two on business in your chosen field if it is present or get a basic understanding of business itself. I also suggest you read “Leaders eat Last” by Simon Sinek.
People don’t generally start was managers, so almost all of the hard skills can be learned along the way. The soft skills such as people management and leadership skills are usually some of the things that people think are natural. A sort of charisma that makes people like you, an empathy that makes you an understanding leader, the confidence to hold your own in business… these are things that come from personality. They’re highly important if you want to be a good leader.
I suggest you get a book or two on business in your chosen field if it is present or get a basic understanding of business itself. I also suggest you read “Leaders eat Last” by Simon Sinek.