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business careers

Outlook for Some Business Careers Brightens

Article Highlights

  • The job market is slowly picking up following the recession.
  • Strong 10-year growth forecasts and solid entry-level job opportunities contribute to the bright outlook for many business careers.

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With the economy healing from the recession, the job market is slowly picking up this year.

This may be good news for some looking to get started in a business career or seeking advancement in their current position. According to Sally Hamilton, associate professor of Business for South University, the country is still feeling the after effects of two years of economic turmoil, but there are signs of recovery.

“Companies are just now starting to hire again and are very particular regarding their needs,” she says.

In December, the U.S. News & World Report listed what they expected to be the 50 best careers of 2011. The list is based on U.S. Department of Labor job-growth estimates for 2008 to 2018 and is narrowed down to occupations that are expected to add jobs at an above-average rate during this decade.

The business careers listed include accountant, financial analyst, public relations specialist, and sales manager. Meanwhile, computer support specialist, computer systems analyst, and network architect are included under technology careers on the list.

Even with improvements in the job market, having a career goal is important. The competitive professional landscape makes it tough for those entering and advancing in a business or technology career. A solid foundation in the form of a business or information technology education can help, but it is also important for individuals to focus on how their skills and experience can help potential employers.

Companies are just now starting to hire again and are very particular regarding their needs.

Education can also help those bit by the entrepreneurial bug.

“We are seeing more people starting their own businesses, so there are increased educational opportunities for small business or entrepreneurial careers,” Hamilton says.

Another growing business area is sustainable business management. A sustainable business, or green business, has a progressive environmental policy and incorporates principles of sustainability into each of its business decisions.

“Sustainable business management is also a key area of growth and more business programs are adding concentrations and courses in this area,” Hamilton says.

There are a number of factors brightening the outlook for certain business and technology careers in 2011. Hamilton says strong 10-year growth forecasts, solid entry-level job opportunities, good career development paths, and a living wage are the main reasons.

business careers

Below are some of the entry-level business fields that graduates with degrees in accounting, business administration, and information systems and technology may find opportunities in:

  • Accounting: In 2010, accounting majors received the most job offers before graduating, according to the National Association of Colleges and Employers (NACE) 2010 Student Survey. Entry-level jobs include accounting clerks, junior accountants, government budget analysts, government accountants and auditors, and tax preparers.
  • Finance: There is a high level of competition for jobs in government, high technology, and investments, Hamilton says. Healthcare finance, construction finance, and hospitality finance are key growth areas. Government agencies are big employers of financial and budget analysts. Entry-level jobs include financial analyst, cost analyst, budget analyst, financial advisor, loan officer, and risk management analyst.
  • Business/Management: Entry-level jobs include line-level manager, supervisor, team leader, project manager, crew leader, line leader, management trainee, and office manager, specialty manager, facilities manager, benefits specialist/coordinator, and human resources assistant.
  • Marketing: Many marketing careers are industry-focused and highly competitive. Entry-level jobs include sales representative, marketing specialist, public relations specialist, assistant product manager, advertising specialist, search marketing analyst, marketing communications specialist, and event marketing coordinator.
  • Supply Chain and Logistics: Entry-level jobs include logistics analyst, supply chain coordinator, supply chain risk management support, supply chain and order specialist, supply chain planner, procurement representative, and fulfillment supervisor.
  • Healthcare Management: Entry-level jobs include medical records manager, case managers for health insurance firms, healthcare group services manager, patient accounts manager, and office manager.
  • Public Administration: Entry-level jobs include tourism specialist, parks and recreation specialist, training and education specialist, records manager, administrative/clerical supervisor, and management/program analysts.

Author: Darice Britt

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