To jump into the business field without the knowledge of how it works could be a dangerous decision. Knowledge of business operations becomes crucial not only to start a new business but also when you join an already established organization. Business courses expose the students to corporate world and its functions by the means of classroom studies, online classes and internships. They attempt to familiarize the students with various cadres in a business organization along with roles and responsibilities.
The course offers wide range of endless opportunities by entering into global enterprises or becoming an entrepreneur. In this globalized and competitive era, Management education has received a great boost. Economies are highly dependent on business operations so it gives you a competitive advantage over others. The program is aimed at preparing the individuals as future managers. The business courses assume a significant importance as changing world expect the management to be dynamic and forward.
After successful completion of the business course one can join the organization as a management trainee which is the lowest cadre position offered to a fresh graduate. The professional can shape his/her career by delivering the performance at work once he/she has joined an organization. He/she can reach to the position of Chief Executive Officer (CEO) from management training by showing excellence and imparting results during his /her work life. Business courses are available in various streams like strategic management, human resource management, marketing management, financial management …etc. You can also choose to become entrepreneur and start your own business.
Business courses offer lucrative compensation and enhanced working conditions to its graduates. Average salaries of a fresh management graduate ranges from $50000 to $75000 yearly. Studies indicate that business course graduates receives pay hike of 30 to 50 percent in single decade. Graduates from Harvard business school earn almost $4 million in a span of 20 years.
MBA is one of the top opted degree programs in the world offering advantages which are manifold. Degree in business courses opens a new world of exciting career opportunities. The degree adds value to the overall personality of working professionals helping them to further their career.
A hospital necessarily is not run by the best of the doctors but a group professionally qualified managers and they are armed with professional qualifications in healthcare management which has of late turned to be a buzz word among the people practicing management science.
Even though the medical professionals are always seen and interacted with the patients and their families and friends, these set of management professionals are mostly behind the curtain. Silently they keep a tab on the administration of the entire hospital setup, ensure a smooth running of the entity, handle the finance related issues in a delicate manner as running a hospital efficiently means handling families and friends of the patients and patients who are admitted there and already feeling troubled and distressed. And if you think that you really want a rewarding career even while serving the society, working as an administrator of hospital management executive can fetch you the job satisfaction as well as satisfactions of serving the society.
With the marked steep increase in numbers of privately-run hospitals across the length and breadth of the country and also chances of being recruited as one of the functionaries as a part of government run setups in addition to scope of jobs in managing public relations and marketing of major medical facility providers, job of a healthcare manager is not exciting and covers a vast area including material management, organizational behavior, man management, finance, healthcare policy and laws etc. Qualified managers in healthcare industry have always strong chances for being promoted into higher positions spanning from head of an administrative department or clinical section to the designation of the chief executive of the particular organization.
In addition to the inclination of entering into the rapidly expanding healthcare industry which also has been witnessing stiff competitions among the entities in the trade and also a constant supervision of the federal agencies to ensure things go well with the patients and their families, one also needs to have the ability to team up with groups of doctors, nurses, medical assistants, pathologists and other such technically qualified employees of the organization which finally helping the healthcare manager to run the administration smoothly.
Always wanted to be a doctor or a nurse but could not really make it: then a bachelors’ degree or a masters’ in healthcare management can really help you serve the society at a large as well as doing some good work for the people around you whom you always wished to help. A variety of challenges every other day, every morning something new, interactions with bunch of experts from the medical field and subsequent rewards-all are part of today’s healthcare management, a segment which may even help changing lives of thousands of people when it comes to create policies and laws related to healthcare issues.
A huge, ever-changing and technologically complex domain, healthcare management has witnessed over 30 percent growth during the period of 2001-2006 in the USA and expects to record a staggering growth of over 35 percent during the five years period ending 2011 since 2006 according to the statistics revealed by the American College of Healthcare Executives, known for its prominence in giving birth of the best of the managers in the healthcare industry. During the period 2001-2006, it added just over 3.1 million jobs, highest by any single industry while Bureau of Labor Statistics believe that during the period 2006-2011, it has added over 3.82 million jobs even as the Bureau awaits the final data collected from all the States.
According to Bureau of Labor Statistics, employment of medical and health services managers in the country is expected to grow by at least 22 percent during the period 2010-2020, faster than the average for all occupations. As the large baby-boom population ages and people remain active later in life, the healthcare industry as a whole will see an upward turn in the demand for medical services.” Managers will be needed to organize and manage medical information and healthcare staffs in all areas of the industry,” added the Bureau in its recently published report thus encouraging the aspiring healthcare executives and managers.
Graduates in healthcare management who are easily termed as the medical and health services managers/executives are mainly responsible for planning, coordinate and also play a vital role in directing the medical and health services. Some of them are responsible for managing the entire entity while some might feel lucky by handling responsibilities of running a specific department or clinic or a section of the hospital, depending on the size of the organization they are recruited to. As the industry has been witnessing rapid changes in its pattern and getting exposed to several legal issues every other day as in the case of any such rapidly expanding industry, today’s healthcare managers also need to be apprised of laws and any legal amendments, may be directly related to the administration of a hospital or even for subjects like waste management system or systematic and eco-friendly disposability of bio-waste.
Expected Job Growth:
Meltdown of several other industries could not make much a dent on the prospects and happening of the healthcare industry even as it has posted a steep rise during the previous years and still rising with newer players joining the fray every other day. While Bureau of Labor Statistics reveal that employment of professionally qualified managers and executives in this industry is expected to report a growth of 22 percent during 2010-2020, industry experts believe that healthcare management is the single industry which can add maximum number of jobs during next five years. During the year 2010, around 303,000 new jobs were created in healthcare industry, says Bureau of Labor Statistics.
According to Bureau of Labor Statistics, the median annual wage of medical and health services managers was $84,270 in May 2010 with an hourly wage clocked at US $40.52. Payscale.com reveals that average annual salary of a healthcare administrator during the current financial year has been reported to be within the range of US $60,678 and US $117,566. A business office manager in healthcare industry during the same period of consideration has posted a salary ranging from US $45000 to US $60000 while a practice administrator has clocked an average annual salary in the range of US $49,061-US $83524.
The customer comes first-that is the mantra for all the corporate, service-providers and business organizations. But sometimes these few valuable words just remain in the corporate books and they turn into production-driven entities rather than having their key focus on customers and their interests. And most of the times it costs them a lot as such corporate, service-providers tend to loose customers, even the loyal ones to their rivals who emphasis more on the theory of ‘customer is the king.’
Now it is all changing very fast as the corporate world showing more interest in building organizations driven by requirements of the customers and so is the demand for the students who studies the science and art of leading customer driven organizations during their business studies.
If you think that you find yourself fit among a team in a corporate which works mostly on looking at the needs of the customers and thus passing on the information to the decision-makers helping them to evolve policies involving customer-interest protection and also designing products as per customer requirements, then this is one of the most interesting and exciting areas within business management orbit.
The study programs will typically help you learning lessons on how to develop a customer centred focus that will have a positive impact on the performance of the organisation while also exposing you to the hazards of creating strategies for organizational changes. The area of the program, Leading The Customer Driven Organization, also consists of lessons on creating a systematic approach to work out integrating business systems for ‘further effective internal and external customer service management.’
And once you are done with the class-room sessions thus being armed with a degree or diploma in this domain, you may not face too much hurdles to secure a job in one of the corporate or business organisations which are looking at people who also believe that the customer is the king and pamper the customers to retain them.
Accountants are the most important people in the business world those can control the financial existence and success of the organization. There are so many accountancy training programs available for the individuals who want to enter into this lucrative career. Apart from the full fledged accounting courses Diploma courses, short term courses, distance learning courses and many other corporate courses can be found in this stream.
The training provided will help the individuals to get a quick start entry in the business, financial andbanking career. The training programs in accountancy vary on the basis of their duration and field on which they focus. There are some essential management skills that individuals learn from the training programs such as financial management and technical management.
There are some diverse options in accounting which includes public accounting, management accounting, government accounting and internal auditing. One who has completed the training can explore large opportunities such as personal finance adviser, certified public accountant, auditing, stock broker, investment broker, corporate treasurer and the list goes on. Significant knowledge in financial transactions and management is helpful even in your day to day life as everyone have to encounter financial problems in life. People who are interested to start a business can benefit from an accountancy training program as it will help to maintain the financial sections by own. Essential skills needed in accounting consists of
Analytical skills:To gather and analyze the information logically with clear understanding and the ability to solve the complex problems in an accurate way.
Communication skills: To exchange information in the right and proper way among the colleagues or other individuals in your working environment.
Computer skills : As the technology rules the world it is essential to be skilled in using computers since most of the accounting transactions works through the software programs.
Leadership skills : The ability to motivate and influence the people to accomplish the goal and objectives and should build better relationships among the workforce.
Team work skills : Working together with a single mind to achieve the goal and also evaluating the clients and their financial statements.
As the technology rules the world, developments are always happening in the realm of finance also, employees should be always updated on his skills and knowledge. So the aspiring minds can grab the options and start working towards your goal.
Reading skills really matters in the success of a person as it plays important role in learning abilities and mastering large volumes of information. Through the reading only we enter to the world of knowledge as it focus and process the information on the very first sight. So it would be an added advantage in career and over all areas if we have a speed reading skill which is an upgraded version of reading. Immense motivation and discipline is essential for acquiring this skill which improves the reading speed. So here are some terrific tips to learn speed reading
Relaxed and Comfortable places: The environment you choose for reading really matters which should be very comfortable and pleasant. There won’t be any distractions to disturb you so that you feel a relaxed atmosphere. Good concentration and focus is required for speed reading that covers more contents in less amount of time.
Avoid sub-vocalizing and chunking: To improve reading speed the first step is to avoid the time consuming steps in reading which includes sub-vocalization and chunking. While reading we pronounce each word in our head once which waste the time. Try to avoid the habit and read words together in blocks instead of reading one by one.
Practice skimming and scanning:We want to find the main ideas and concepts of the text through skimming by reading the initial and final paragraphs and other topic sentences. Scanning also helps in figuring out the important information in the source by searching through the whole thing. These practices will improve reading skills and retains the information also.
Improve your vocabulary: Reading skill mainly means the ability to pick the information and process it. So you should have a good vocabulary to grasp the concepts while you read and also boost the communication skills in all areas. When you know what the word means then it will improve your comprehension skills.
Continuous Practice: There should be continuous practice for improving reading skills as it requires the training of not only the brain but also our eyes. So enough patience and determination is required for accelerating the speed reading. Unnecessary re-reading of material should be avoided and enhance the visual focus to pick the vital information and process it.
So you can try these tips and skyrocket your reading experience and thereby improving the communication and comprehension skills. Speed reading skills will definitely increase brain power and enhance the retention of information which allows you to work efficiently in other areas also.