Is Business Management a High Paying Career Option? Managing a business organization is beyond the capacity of a single manager as used to be the case conventionally. This is the reason that business organizations these days have a variety of business management job positions, each promising a rewarding career and high salary. In Singapore, the median salary for finance managers is reported to be S$82,352 (November 2019). Here, you must learn which business management positions are in great demand these days and chose to specialize in the respective field. Finance Managers Responsible for analyzing and improving the financial standing of a business organization, a finance manager may prove to be a vital asset and consequently earn impressively. The job positions require the fulfilment of duties like finance strategy development, market trends analysis, budget planning and management, cash flow management and more. Management Analysts Also known as management consultants, these professionals are responsible for advising other managers to improve the growth and efficiency of an organization. They collect information from various sources and departments (like sales, finance etc.), analyze it and come out with solutions and recommendations for the overall betterment in various areas. Marketing Managers Considering the importance of marketing for a business, marketing managers are responsible for analyzing the markets, customers and competitions to plan marketing strategies for business brands, products and services. Planning pricing strategies, recognizing target markets and estimating demands are among the important exercises that they learn through business management studies. IT Managers In a world where technology dramatically drives the growth of a business organization, the importance of IT managers can’t be ignored. Those working at these management positions are responsible for recognizing
the organization’s technology-related needs, planning systems, ensuring IT security and other critical tasks.
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Human Resource Managers Specializing in managing human resources, these experts are responsible for many important tasks like recruiting and training employees, planning employee compensation and benefits programs, performance evaluation and improvement, conflict resolving and more.