Business administration careers : a realm of opportunities

Business administration careers are not only current career paths but have evolved significantly. They have become more intriguing and diverse and offer a plethora of novelties.

Furthermore, be aware that the average annual salary for a worker in the field of business administration is $58,648 in Quebec. Still, it can reach up to $124,772 for the highest-paying jobs.

Among these professions, we explore the following six:

1. Marketing ;
2. Accounting ;
3. Human Ressources ;
4. L’économie ;
5. La technologie des affaires ;
6. Le management.

1. Marketing

Marketing has taken a much more digital turn since our first edition of this article in 2017. It now accompanies the human resources sector to find creative solutions and methods for candidate attraction.

Marketing includes all techniques that determine the value of a product or service to offer it to consumers. It is the marketing specialist who sells a product by highlighting its features. Therefore, this individual must possess specific skills to perform the job:

• creativity ;
• adaptability to technology ;
• team spirit ;
• persuasion skills ;
• analytical and synthesis skills ;

Fields of expertise are diverse: digital and traditional campaigns, social or content strategies, digital marketing, business strategies, media plans, marketing or communication plans, etc.

2. Accounting

An accountant can work in an accounting firm and a company where they play the advisor role by participating in the organization’s accounting activities. They can work with several types of companies, whether private, public, or SMEs. An accountant must possess various skills to perform the job, such as:

• strong knowledge of mathematics ;
• analytical thinking ;
• attention to detail and precision ;
• adaptability to new technologies.

Since the pandemic, many accounting positions, whether the controller or accounting clerk, have allowed for complete telecommuting. This is a definite advantage for those who wish to embrace this new way of life.

We have prepared a comprehensive article on accounting jobs with salaries in 2023 in Quebec. A payroll clerk can earn nearly $70,000, while a Chief Financial Officer can earn $160,000 annually.

3. Human resources

The human resources manager initially developed and implemented human resources management practices for their organization (recruitment, training, management). They were also responsible for the well-being and development of the organization’s employees and needed to possess the following skills:

• listening skills ;
• interpersonal skills ;
• leadership ;
• creativity ;
• marketing sense.

Today, with labour shortage challenges, this field is reinventing itself. It now requires creativity, a touch of marketing, and a good understanding of critical online communication channels, especially social media.

Additionally, the human resources manager now accompanies managers in offering new social benefits and employment conditions to attract and retain the rare and volatile workforce. Thus, the time when HR represented purely administrative roles is gone.

4. Economics

An economics specialist evaluates and explains the economic activity of one or more sectors. They solve problems and predict phenomena that the monitored sector will experience.

They also assess the economic impact of certain decisions while analyzing the socio-demographic and political factors that influenced them. To perform their job, an economics specialist needs to be:

• proficient in mathematics ;
• analytical ;
• meticulous.

Thanks to advances in AI (artificial intelligence) think of tools like OpenAI’s ChatGPT, economics careers are evolving positively and rapidly. This contribution offers endless analytical and predictive possibilities, allowing economists to deepen their research.

5. Business technology

The business technology specialist understands the technological environment of a company’s needs. They can design and integrate technical systems corresponding to a company’s business requirements. The business technology expert possesses the following skills:

• analytical thinking ;
• problem-solving ability ;
• logical thinking ;
• capacity for technological monitoring.

It’s important to note that the global digital shift requires continued growth in specialized business technology careers, regardless of the industry or sector (private, governmental, para-governmental, public). Cybersecurity is also more crucial than ever and is called to be reinforced.

6. Management

Management involves directing techniques used while considering the company, its context, problems, and current challenges. It encompasses executive and managerial positions. To be a good management specialist, one must be:

• a leader ;
• confident ;
• capable of problem-solving ;
• a good listener ;
• possess problem-solving skills ;
• understand human psychology ;
• be open to communication ;
• have good judgment ;
• be able to set and evaluate objectives effectively.

The list of qualities of a good manager has considerably lengthened over time. Why? Because nowadays, positive leadership has replaced terms like “boss” or “patron.”

A boss gives orders and directives and maintains a rigid framework. In contrast, a leader shows direction, sets goals, encourages teamwork, and provides feedback to achieve a common goal.

Employment prospects

Whether it’s in a private or governmental company, numerous career options are conceivable for those passionate about business administration. Regardless of your field, you can specialize, improve your skills, and climb the ladder.

Business administration careers are ideal for ambitious individuals who want to exceed their limits and help companies achieve their objectives.

Are you suited for a career in business administration? Contact the Extra Multi-Resources team to discover the employment possibilities available to you.

Business administration, administration careers, business administration jobs