Transcript Human Resource Management

Group Project:
Index
1-Description of the major
2-The skill
3-The kinds of jobs
4-The nature of the work
5-Relevant statistics
The College of Business
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An organization or economic system where goods
and services are exchanged for one another or for
money.
Every business requires some form of investment
and enough customers to whom its output can be
sold on a consistent basis in order to make a profit.
An organization or enterprising entity engaged in
commercial, industrial or professional activities. A
business can be a for-profit entity, such as a
publicly-traded corporation, or a non-profit
organization engaged in business activities, such
as an agricultural cooperative.
What is Business
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A business study is an academic area of
concentration within the business major that is taught
at an institution of higher learning. There are many
different subject areas within the business sector.
Thus, there are several types of business studies.
Business studies help train and prepare
undergraduates and graduates for careers in the
business world. In addition, business studies are
among the most popular studies among college
students. According to the National Center for
Education Statistics, most of the degrees awarded to
college graduates are business degrees. Business
principles can serve as the backbone for economic,
political and social systems at all levels.
College of Business functions
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Business studies serve several functions. First of all, they allow the
broad study of business to be broken down into more
comprehensive subject areas that are easier to absorb and study.
This categorization of studies allows for specialization as well.
Rather than requiring each student to be proficient in the general
category of business, business studies allow students to
concentrate on one area and specialize in it to achieve expertise.
Business studies more efficiently prepare students for business
careers than a broad study of business would.
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Students can major in one of the following areas:
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Specialization in Accounting
Specialization in Finance
Specialization in Human Resource Management
Specialization in Marketing and Entrepreneurship
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Accounting
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There are many business studies. The most common of these is accounting.If you like free enterprise,
thank an accountant. No, really. While Accounting isn't exactly glamorous, it's absolutely central to
any properly functioning free market system.
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In a nutshell, if you major in Accounting, you'll learn how to keep financial records of business
transactions and how to prepare statements concerning assets, liabilities, and operating results. It's a
fairly technical and very numbers- and detail-oriented field that involves economics, the
interpretation of financial data, and management skills. It's also a rapidly growing profession, and
that's not likely to change any time soon because monolithic corporations, governments, charities,
labor unions, individuals, and pretty much all other kinds of entities need accountants.
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While it's possible to be a general accountant, specialization is a Big Thing in this field. Many
accountants specialize in auditing, taxes, or consulting. There are also several professional
designations within the field of Accounting. There's your garden-variety CPA (Certified Public
Accountant) as well as your CMA (Certified Management Accountant) and your CIA (Certified
Internal Auditor). Keep in mind that you've got to pass an extremely challenging exam after
graduation in order to earn any one of these titles, though.
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Business often involves calculating numbers, whether it's sales figures, revenue, or expenditures. If you
have a head for numbers, earning a bachelor's degree in accounting could add up to a positive
experience for you.
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Workers who specialize in accounting help companies maximize profits by tracking finances,
spending, and taxes. For example, forensic accountants are entrusted to examine white-collar crime
and other illegal activity, according to the Department.
Marketing
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If you think you might enjoy promoting products and services, earning a degree in
marketing could help you learn to use advertising and branding techniques to tap into the
needs and wants of consumers.
Between us, Marketing is the art and the science of getting people to buy stuff. More
formally, it is the study of how to determine consumer needs and translate those needs into
products and services and selling them locally, nationally, and globally. Either way,
Marketing is a practical, career-oriented, and solidly pre-professional major that requires
analytical skills, logic and creativity.
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If you decide to major in Marketing, you'll learn about the distribution of goods and services,
consumer behavior, pricing policies, channels of retail and wholesale distribution,
advertising, sales, research, and management. Other topics you are likely to encounter
include market segmentation and targeting, effective customer service, new product
development, and logistics.
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Upon graduation, most Marketing majors usually find jobs in consulting, market research,
and advertising. If you want to work in the Marketing department, though, you should
expect to start in sales where you can really get to know a company's products and its
customers. In fact, starting in sales is frequently the best (and sometimes the only) way to
ultimately get one of those coveted (not to mention high-paying, low stress) jobs in the
Marketing department.
Human Resources
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Are you interested in helping companies maintain good relationships between employees
and employers? A degree in human resources may be a good fit for you.
The most important assets of any business are its employees. Employees who need to be
kept happy, trained, enthusiastic, efficient, and maybe even out of trouble. As businesses
grow, and as labor relationships grow increasingly complicated and demanding, more and
more companies are turning to human resource managers to help them communicate with,
reward, and enthuse their employees.
If you’ve ever spent ten minutes by the proverbial office water cooler, then you can
imagine just how demanding of a career this can be. It requires someone who has a clear
knowledge of business management and administration, as well as someone who knows
how to deal with people. As a Human Resources Management major you will learn about
business administration, as well as gain an understanding of corporate and labor law,
planning, and psychology.
If there was ever a high-growth field, this is it. Human resources managers are needed in
almost every sector, private and public, from Fortune 500 corporations to the next
generation of start-ups.
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Finance
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Finance is a very professionally oriented major designed to prepare you for a career in
financial management, which is the art and science of managing money or, if you like, the
way people, institutions, markets, and countries generate and transfer wealth. It's a good
major and potentially a very lucrative one because, these days, everybody - small
businesses, monolithic corporations, charities, and governments - needs effective financial
management.
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If you major in Finance, you'll study things like commercial and investment banking,
forecasting and budgeting, and asset and liability management. You'll learn more than you
may ever want to know about money, stocks and bonds, and how markets function. You'll
learn how to determine what fraction of a firm's assets (or your own assets) to put into
different kinds of investment vehicles in order to obtain the highest return for a justifiable
level of risk. When you graduate, all those baffling indexes at the back of the Wall Street
Journal will make sense to you.
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Upon graduation, your career can take many paths (naturally), but most Finance majors
find jobs in the finance departments of firms; with banks, mutual funds, and other kinds of
financial institutions; or in government or some kind of charitable organization. Some schools
offer specialized areas of concentration within the Finance major as well - in insurance and
real estate for example.
SKILLS
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list below includes the skills required by workers
in this occupation; skills are what allow you to learn
more quickly and improve your performance.
Mathematics
:Using mathematics to
solve problems.
 Critical Thinking: Using logic and reasoning to
identify the strengths and weaknesses of alternative
solutions, conclusions or approaches to problems.
Speaking: Talking to others to convey
information effectively.
SKILLS
Judgment
and Decision
Making: Considering the relative costs
and benefits of potential actions to choose
the most appropriate one.
Active
Listening: Giving full
attention to what other people are saying,
taking time to understand the points being
made, asking questions as appropriate, and
not interrupting at inappropriate times.
Benefits
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Business studies offer several benefits, both to
individuals and the business marketplace as a
whole. These studies allow students to receive a
higher quality of education in their chosen
profession that will better prepare them for their
careers. This, consequently, affects the business
world positively. When these students obtain their
degrees in their specialized areas of
concentration, they will bring a higher quality of
knowledge to the business world that will reflect in
their contributions to their places of employment,
thereby raising business standards.
Best Business Jobs
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Market Research Analyst
Financial Advisor
Accountant
Compliance Officer
Bookkeeping, Accounting, & Audit Clerk
Financial Manager
Insurance Agent
Management Analyst
Marketing Manager
Executive Assistant
The nature of the work
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Nature of accounting:
Most accountants work in a typical office setting.
Some may be able to do part of their work at home.
There are instances you will be required to work and
travel to multiple locations to perform your jobs in the
branches or other facilities of the business and
organization.
Nature of Human resources:
Human resources managers work in offices, and most
work full time. Some managers, especially those
working for organizations that have offices
nationwide, must travel to visit other branches as well
as to attend professional meetings or to recruit
employees
The nature of the work
 Nature
of Marketing
 Nature
of Finance
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http://www.ehow.com/about_5091435_definitionbusiness-study.html
http://www.businessdictionary.com/definition/busi
ness.html
http://education.yahoo.net/articles/best_majors_f
or_business_careers.htm
http://www.cba.pitt.edu/academics/majors.php
http://www.worldwidelearn.com/onlineeducation-guide/business/business-major.htm
http://money.usnews.com/careers/bestjobs/rankings/best-business-jobs