Investigative Careers - Business Consultant and Marketing Director - Assignment Example

Investigative Careers Student’s Name Institution Investigative Careers Part 1: Paid Work 1. Business Major Description of the Work Business major constitutes some of the most diverse jobs across the globe. Business major entails a number of functions, such as marketing and management, which are applicable in most if not all organizations (Myfuture, 2012). What in particular attracted you to this work? There are two factors that attracted me to the business major vocation: career development and the flexibility of the job. Business major is known to be one of those jobs that have very good potential for career development (Myfuture, 2012). What training/education is required to apply for this type of work? A bachelor’s degree in business major is seen as the first fundamental step that can lead a person to acquiring such a job in governmental and non-governmental organizations. Approximate size of the industry in A) Your state? B) Australia? C) Globally? Business industry, where the job of business major falls, is one of the largest sectors in my state. The industry is said to contribute more than 16% of the total economy of the state. In Australia, the business industry contributes close to 35% of the total economy. The industry approximately makes 40% of the global economy (Colby, 2011). Starting Income A business analyst receives a starting salary of approximately $41,800 per annum, while for a sales manager, the starting salary is about $71, 000 per year. Consequently, the salary scale for business majors ranges from $35,000 to $71,000 per annum (Dahl, 2013). Likely Income with 10 Years Experience The salary scale for business majors with 10 years of work experience may range from $120,000 to $210,000 per annum (Dahl, 2013). Where you usually do this work (anywhere, major cities, capital cities)? Business majors can work from anywhere including capital cities, major cities, or even rural areas. In major cities, business majors can work at various organizations, such as consulting companies, financial planning firms, audit and accounting companies, investment firms, and any other large organizations. In capital cities, business majors may work at places, such as accounting companies, not-for-profit firms, and financial institutions, such as banks (Schweitzer, 2013). What types of employer you are likely to have When I begin working, I am likely to have various types of employers including the government, private investors, and self-employment. However, I plan to look for placement in the private sector immediately I finish my current degree program. Emerging Trends in the occupation a) How did the industry start? Business industry emerged long time ago when people saw the need to exchange what they had with what they do not have. Local business industries evolved as a result of exchange of products among various regions within a country or among many nations (Lambert, 2009). b) How has the industry changed? There are a lot of changes that have been experienced in the business industry, and more changes are still expected. These changes are attributed to the advancement in technology, which has come with the Internet and other tools, such as cell phones, which make doing business easier and faster (Lambert, 2009). c) Based on evidence, how is it likely to change into the future? People in this industry plan to exclusively turn into doing business online as opposed to the traditional methods, which only made doing business more difficult and expensive. It is predicted that more than 75% of the business industry is going to be impacted by technology in a few years to come (Pride, Hughes, & Kapoor, 2012). What does this industry bring to society? The business industry brings a lot of benefits to the society. Firstly, the industry provides employment to the society. Secondly, the industry encourages entrepreneurship in the society by providing people with avenues to exercise their business talents (Shoup, 2007). What does this industry bring to the economy? The business industry makes a significant contribution to the economy through small, large, local and international businesses. The business industry also contributes to the economy through taxation, which adds to the government revenues and ensures that necessary products are available in the country (Shoup, 2007). Related jobs and/or careers - where could the skills from this work lead you? There are a number of jobs and careers that are closely related to business major. Some of the related jobs and careers include human resource management, accounting, finance management, finance analysis, marketing career, real estate management, and business analysis (Pride, Hughes, & Kapoor, 2012). 2. Business Consultant Description of the Work Business consulting is a professional job that entails analyzing business problems, finding solutions to such issues, and assisting business people to develop efficient and effective plans to achieve their businesses’ strategic goals (Myfuture, 2012). What in particular attracted you to this work? The job of a business consultant would offer me an opportunity to become a company manager and consequently get to earn more money in form of salary and allowances (Myfuture, 2012). What training/education is required to apply for this type of work? A person is required to have a bachelor’s degree in any of the following fields: business administration, and business programs specializing in business management. Approximate size of the industry in A) Your state? B) Australia? C) Globally? The job of business consultant falls in the industry of business, one of the major industries not only in my state, but also in Australia as a country and the world at large. The industry makes more than 30% of my state’s economy, about 25% of Australia’s economy, and more than 20% of the world’s entire economy. Starting Income A business consultant, regardless of where he or she works, is entitled to a good package monthly. On average, a business consultant is paid approximately between $3,000 and $6,000 per month (Dahl, 2013). Likely Income with 10 Years Experience In most cases, a business consultant with 10 years of experience in the same field is paid in the range of $6,000 to 9,000 per month (Dahl, 2013). Where you usually do this work (anywhere, major cities, capital cities)? The best places where I can do the job of business consultant are cities and capital cities. It is in these places where people situate big businesses that require services of a business consultant. Such businesses in cities and capital cities are also able to pay business consultants very well. What types of employer you are likely to have I am likely to work in the private sector with my qualification in business consulting. It pays well to work in the private realm as compared to the public sector. I intend to look for job in some of the major private companies in the cities in Australia. Emerging Trends in the occupation a) How did the industry start? The industry of business consultation began as a result of business owners wanting to find relevant advice for running their businesses. In the recent past, it was discovered that many people who had no business idea started businesses, which failed to prosper along the way. This called for business expertise services to help such less-knowledgeable businessmen. b) How has the Industry Changed? The main change that has taken place in the industry is the inclusion of information technology in business consulting. Most business consultants reach and offer their services to their clients digitally through the internet. c) Based on Evidence, How is the Industry Likely to Change into the Future? The business consulting industry is likely to go digital completely with time. All business consultants are likely to begin offering their services exclusively through the internet to avoid the unnecessary expenses that come with doing business off-line. What does this industry bring to society? The industry brings a lot of benefits to the society. Firstly, the industry provides opportunities for entrepreneurship, especially for consultants who wish to start their own consulting firms. Secondly, the industry creates employment opportunities to other members of the society. What does this industry bring to the economy? The industry provides income to the government in form of taxes and levies. The government levies taxes on business consulting firms and their services. The industry also helps to reduce employment rate by providing employment opportunities to the citizens. Related jobs and/or careers - where could the skills from this work lead you? Careers related to business consulting include business administration, business management, and marketing management. 3. Marketing Director Description of the work; The job of a marketing director entails conceptualization and implementation of programs that relate to marketing. The job also entails developing and expanding organizations through appropriate multifaceted roles (Myfuture, 2012). What in particular attracted you to this work? The main thing that attracted me to the job of marketing director is the flexibility of the profession. The job involves working with sales and marketing teams of different companies. I like jobs that involve travelling and making contact with people. What training/education is required to apply for this type of work? For an individual to get the job of a marketing director, he or she needs to have a bachelor’s degree in marketing, business administration in marketing, or integrated marketing. A master’s degree in any of the three fields is considered an added advantage. Approximate size of the industry in A) Your state? B) Australia? C) Globally? The job of marketing director falls in the industry of business, one of the major industries in my state, Australia as a county and the world at large. The industry makes more than 20% of the economy of my state, approximately 25% of Australia’s economy, and more than 10% of the world’s entire economy. Starting Income The job of marketing director is one of the best paid jobs in the world. For a fresh marketing director, the salary ranges from $45,000 to $81,000 per annum. However, this amount may increase depending on the kind of responsibilities a director is given by the organization he works for (Dahl, 2013). Likely income with 10 years experience? The pay of a marketing director, like salaries of most business jobs, increases depending on the number of years of experience one has. In most cases, a marketing director with 10 years of experience in the same field is paid in the range of $74,000 to 110,000 per month (Dahl, 2013). Where you usually do this work (anywhere, major cities, capital cities)? The best places where I can work as a marketing director are cities and capital cities. It is in these places where people who have big businesses that require the services of marketing directors. What types of employer you are likely to have? Marketing directors can work anywhere, but are mostly present in capital cities and major cities (Schweitzer, 2013). This implies that as a marketing director, I can work in both public companies as well as private ones. Emerging Trends in the occupation a) How did the industry start? The marketing industry began as a result of business owners wanting to find relevant information for running their businesses. It was discovered that many people, who had no business idea, started businesses, which failed to prosper along the way. This called for business expertise services, especially in marketing, to help such businessmen carry on their businesses successfully. b) How has the Industry Changed? The main change that has taken place in the industry is the inclusion of information technology in marketing. Most marketing directors reach and offer their services to their clients digitally through the internet. c) Based on Evidence, How is the Industry Likely to Change into the Future? The marketing industry is likely to go digital completely with time. All marketing directors are likely to begin offering their services exclusively through the internet to avoid unnecessary expenses that come with doing business off-line. What does this industry bring to society? Firstly, the industry provides opportunities for entrepreneurship, especially for marketers who wish to start their own firms for offering marketing information to other businesses. Secondly, the industry creates employment opportunities to numerous people. What does this industry bring to the economy? By providing employment opportunities, the industry helps to reduce cases of unemployment, which adversely affect the economy. Related jobs and/or careers - where could the skills from this work lead you? Careers related to marketing director include marketing management and business administration. Part 2: Unpaid Work: Informal Care-giving Where would you look to find this non-paid work? There are a number of places where I can find the job of informal care-giving. Some of these places are hospitals where there are many patients who are recovering, but due to the lack of enough nurses, fail to access the needed care-giving services. Nursing homes and homes of the elderly also form suitable places where an individual interested in providing care-giving as a non-paid job can offer their services (Silverman, 2009). Description of the non-paid work; Unpaid non-formal care-giving entails providing care and assistance to people, who need it, but outside voluntary or civic organizations. The informal care-giving job is closely related to lowly paid care-giving jobs, such as childcare, home care, and nursing. Informal care-givers, who mostly are women, are in most cases relatives, volunteers, and family members (Blossfeld & Hofmeister, 2006). What in particular attracted you to this non-paid work? There are a number of factors that make the job of informal care-giving an attractive work for me. Firstly, the job is considered as an accomplishment and one without rules. The job is done according to an individual’s ability as there no rules to guide the operations of such care-givers. Secondly, the job provides a rewarding experience to those providing care to individuals who are in dire need of it (Grant, 2004). What training/education is required to apply for a non-paid work in this field? There is no much training that an individual requires in order to become an unpaid informal care-giver. All that an individual requires is to be a person who is very sociable and loving to his or her fellow human beings (Silverman, 2009). Approximate size of this field of non-paid work in A) your state? B) Australia? C) Globally? The job of unpaid informal care-giving is so common in the state where I come from. The same trend is evident in the entire of Australia, as a result of the high number of elderly people, children, and people with various sicknesses and disabilities. Globally, unpaid informal care-giving jobs are as many as other jobs since the care-giving jobs, though not paid, are seen to make a significant contribution to the society (Grant, 2004). Where you usually do this work? Anywhere? Rural? Regional? Major cities? Capital cities? The work of informal care-giving is a flexible job that can be done anywhere. Firstly, this work can be done in rural areas, especially at homes, where there are sick people and/or people with disabilities. The work can also be carried on at homes with children with no one to take care of them. In major cities, the work can be carried out in hospitals and elderly homes where there are people with various illnesses and disabilities and who require care (Grant, 2004). What types of employer you are likely to have? Yourself? Government? Private industry? All of these? The work of unpaid care-giving is mostly done through self-employment. It is almost like a voluntary work in which an individual does not expect payment. In fact, the job of unpaid care-givers is a voluntary work in which an individual chooses to provide care to either children, sick, disabled, or elderly people exclusively at no pay (Vosko, 2006). What does this field bring to society? The job of unpaid care-giving contributes a lot to society. Taking care of children, sick and disabled people is seen as a work that promotes unity in society. The job also serves as a way of extending love and care to the disadvantaged, disabled, and sick people in the society. What does this field bring to the economy? Unpaid care-giving work contributes to the economy, though not as much as most of the paid jobs. The job helps to reduce the number of cases of anti-social behaviors by engaging unemployed individuals, who otherwise would become idle and engage in anti-social activities (Blossfeld & Hofmeister, 2006). Emerging trends in the occupation A) how did the field start? B) How has the field changed? C) Based on evidence, how is it likely to change into the future?) The field of care-giving, the unpaid one in particular, emerged as a result of lack of adequate formal employment opportunities. The field was started to ensure that no unemployed youth remained idle. It is predicted that the field may start using various technologies, such as the Internet, to make the work even more professional (Vosko, 2006). Related jobs and/or careers - where could the skills from this non-paid work job lead you? There are a number of jobs related to the unpaid care-giving job. Some of these jobs include unpaid nursing services and volunteer jobs. It is believed that an individual undertaking the unpaid care-giving job improves his public relations skills. Such skills are applicable in a number of jobs, such as human resources management, teaching jobs, and guidance and counseling jobs (Vosko, 2006). References Blossfeld, H., & Hofmeister, H. A. (2006). Globalization, uncertainty and women’s careers: An international comparison. Northampton, MA: Edward Elgar. Colby, A. (2011). Rethinking undergraduate business education: Liberal learning for the profession. San Francisco, CA: Jossey-Bass. Dahl, W. (2013). The highest paying jobs for business majors. Retrieved September 24, 2013, from http://www.greatbusinessschools.org/the-highest-paying-jobs-for-business-majors/ Grant, K. R. (2004). Caring for/caring about: Women, home care, and unpaid caregiving. Aurora, ON: Garamond Press. Lambert, S. E. (2009). Great jobs for business majors. New York, NY: McGraw Hill. Myfuture. (2012). Australia’s career information and career service. Retrieved September 24, 2013, from http://www.myfuture.edu.au/en.aspx Pride, W. M., Hughes, R. J., & Kapoor, J. R. (2012). Business. Mason, OH: Cengage Learning. Schweitzer, K. (2013). Reasons to become a business major. Retrieved September 24, 2013, from http://businessmajors.about.com/od/undergradbusinessmajors/a/ReasonsBiz.htm Shoup, K. (2007). What can you do with a business major? New York, NY: Houghton Mifflin Harcourt. Silverman, R. E. (2009). Caregiving: The extra (unpaid) part-time job. Retrieved September 24, 2013, from http://blogs.wsj.com/juggle/2009/12/09/caregiving-the-extra-unpaid-part- time-job/ Vosko, L. F. (2006). Precarious employment: Understanding labor market insecurity in Canada. Montreal: McGill-Queen’s University Press. Read More