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How to Make It Big in Business ManagementBy Lauren StadlerLearning & Life Columnist March 12, 2007
According to the U.S. Bureau of Labor Statistics, the entire management, business, and finance sector is expected to grow by about 2.2 million jobs between 2004 and 2014. In particular, one of the fastest-growing industries is the lucrative field of management consulting. Sound kind of intimidating? It's not.
Consulting is a lucrative career and boasts an average entry-level salary of over $65,000, according to the American Association of Management Consulting. All you need to get started in this field is a strong work ethic and the right training. A master's degree in business administration (MBA) can lead not just to business consulting careers, but also to jobs in education administration, medical and health services management, or accounting. Learning the BusinessA career in management requires both education and experience. A bachelor's degree in business is often a minimum requirement from employers, and it generally involves studying for four years, either at a college campus or online. Once you have a degree, experience and specialization are essential to advancing your career.In administrative management positions, promotions are often based on past performance. In large organizations, in-house training courses and certifications can help you seek advancement. In the management consulting industry, more weight is placed on education when evaluating prospective employees. About 42% of candidates in this sector have bachelor's degrees, more than double the U.S. average of 20%. Specializing in a particular field or topic also increases your chances of success, due to the huge variety of consulting occupations. Good communication and interpersonal skills are a must for business administration and consulting positions. Dedication to the success of employees around can help you stand out from the crowd and help your organization grow. And when it grows, so does your career. Sources
About the Author Lauren Stadler considers herself a fashionista and expert bargain finder. To support her heavy spending lifestyle, she works as a systems engineer in Washington D.C. More Business Careers Articles |
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