Management Principles BU105
July 16, 2012
* Nature of Work
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers work in many places, including banks and insurance companies. Most financial managers work full time, and many work long hours
* Training and qualifications needed
Financial managers must usually have a bachelor’s degree and more than 5 years of experience in another business or financial occupation, such as loan officer, ...view middle of the document...
Many positions, particularly managers of self-service and fast-food restaurants, are filled by promoting experienced food service workers. However, a growing number of manager positions require postsecondary education in a hospitality or food service management program. Additional training needed (postemployment) to attain competency in the skills needed in this occupation.
The median annual wage of food service managers was $48,130 in May 2010. $23.14 per hour
* Job Outlook and Projection Data
Employment of food service managers is expected to decline 3 percent from 2010 to 2020. Those with a degree in hospitality, restaurant, or food service management should have the best job opportunities.
Medical and Health Services Managers
* Nature of Work
Medical and health services managers, also called healthcare executives or healthcare administrators, plan, direct, and coordinate medical and health services. They might manage an entire facility, specialize in managing a specific clinical area or department, or manage a medical practice for a group...