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Become A Business Manager

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Working As A Business Manager

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Coordinating the Work and Activities of Others
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Make Decisions

  • Stressful

  • $93,000

    Average Salary

What Does A Business Manager Do

The primary role of a Business Manager is to develop business management goals and objectives that tend to increase the efficiency and prosperity of a company. They may also be responsible for hiring employees and negotiating contracts.

How To Become A Business Manager

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.

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Business Manager jobs

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Business Manager Demographics

Gender

  • Female

    54.6%
  • Male

    43.2%
  • Unknown

    2.2%

Ethnicity

  • White

    80.2%
  • Hispanic or Latino

    9.5%
  • Asian

    7.8%
  • Unknown

    1.7%
  • Black or African American

    0.7%
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Languages Spoken

  • Spanish

    48.1%
  • French

    11.4%
  • Chinese

    5.8%
  • German

    5.2%
  • Portuguese

    4.7%
  • Mandarin

    4.3%
  • Italian

    4.0%
  • Arabic

    2.9%
  • Russian

    2.0%
  • Japanese

    1.9%
  • Hindi

    1.6%
  • Korean

    1.5%
  • Carrier

    1.3%
  • Vietnamese

    1.0%
  • Cantonese

    1.0%
  • Greek

    0.9%
  • Dutch

    0.6%
  • Dakota

    0.6%
  • Swahili

    0.6%
  • Polish

    0.6%
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Business Manager

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Business Manager Education

Business Manager

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Real Business Manager Salaries

Job Title Company Location Start Date Salary
Business Strategy Manager Coursera Inc. Mountain View, CA May 16, 2016 $225,000
Finance Business Manager Cisco Systems, Inc. San Jose, CA Jan 28, 2015 $207,709 -
$245,300
Executive Business Manager Maxim Integrated Products, Inc. San Jose, CA Feb 10, 2015 $207,709
Business Execution Manager, New York Australia and New Zealand Banking Group Limited New York, NY Jul 15, 2016 $200,000
Business Strategy Manager Accenture LLP New York, NY Jun 05, 2015 $195,000
Business Strategy Manager Accenture LLP San Diego, CA May 13, 2015 $195,000
Business Strategy Manager Accenture LLP New York, NY May 13, 2015 $195,000
Business Strategy Manager Accenture LLP San Francisco, CA Nov 23, 2016 $191,400
Country Business Manager Babynes US Gerber Products Company Florham Park, NJ Oct 01, 2015 $190,000 -
$210,000
Business Industrialization Manager Accenture LLP Woburn, MA Aug 16, 2016 $185,000
Business Industrialization Manager Accenture LLP Berwyn, PA Aug 16, 2016 $185,000
Business Industrialization Manager Accenture LLP Boston, MA Aug 16, 2016 $185,000
Business Manager, Technology Innovations FQG Holding LLC Great Neck, NY Oct 01, 2015 $180,000
Business Strategy Manager Hewlett-Packard Enterprise Company Palo Alto, CA Mar 03, 2016 $175,000 -
$206,700
Project and Business Readiness Manager House of Thaller, Inc. Knoxville, TN Feb 18, 2016 $119,870
Business Manager Capital One Advisors LLC Seattle, WA Mar 14, 2016 $119,600 -
$155,300
Business Optimization Manager Baker Hughes, Inc. Houston, TX Sep 21, 2015 $119,309
PI-Enterprise Intelligence-Business Manager Ernst & Young U.S. LLP Boston, MA Feb 12, 2015 $119,180 -
$132,000
Business Manager U.S.A. Gateway Inc. Plano, TX Apr 13, 2016 $118,700 -
$120,000
Business Valuation Manager Deloitte Transactions and Business Analytics LLP Ridgefield, NJ Mar 16, 2015 $118,000
Business Valuation Manager Deloitte Transactions & Business Analytics, LLP New York, NY Oct 13, 2016 $117,437 -
$151,000
Hospitality Business Manager Standard High Line Employer, LLC New York, NY Jul 20, 2016 $117,437
Business Manager Trade Lines Inc. South Plainfield, NJ Dec 22, 2016 $98,634
Business Manager Capital One, National Association Plano, TX Sep 12, 2015 $98,500 -
$104,000
Business Devel. Manager.-Latin America & European Dist. GP Acoustics (Us), Inc. Marlboro, NJ Apr 17, 2016 $98,155
TAS Manager-Valuation & Business Modelling Ernst & Young U.S. LLP Houston, TX Aug 04, 2015 $98,000 -
$111,100
Business Manager LPB Ventures Inc. Miami, FL Apr 27, 2016 $98,000
Business Manager Capital One, National Association Plano, TX Sep 07, 2016 $97,000 -
$135,000
Business Manager Capital One, National Association McLean, VA Aug 23, 2016 $96,000 -
$114,400
Business Manager Capital One Services, LLC McLean, VA Apr 25, 2016 $96,000 -
$114,400

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Top Skills for A Business Manager

MonthlyFinancialStatementsPayrollTaxesCustomerServiceEnsureCompliancePersonnelFilesHumanResourcesAccountsReceivablesQuickbooksSafetyAccountsPayablesSuperviseAnnualBudgetProductKnowledgeBusinessPlanPBusinessOperationsGeneralLedgerBusinessDevelopmentSalesGoalsDailyOperations

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Top Business Manager Skills

  1. Monthly Financial Statements
  2. Payroll Taxes
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Generated and reviewed monthly financial statements, ensured accuracy and monitored variances for reporting purposes.
  • Managed medical practice payroll and bonus incentives, payroll taxes and tax reporting.
  • Trained and developed a high customer service focus competency to ensure repeat business.
  • Conducted quarterly internal audits to ensure compliance with proper internal controls.
  • Maintain personnel files for 60+ employees and ensure proper filing of I-9s, etc.

Top Business Manager Employers

Business Manager Videos

Business Manager, Career Video from drkit.org

How To Remove Facebook Business Manager

Career Advice on becoming a Business Manager by Louisa J (Highlights)

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