www.studentscholarships.org
Professional Occupations in Business Services to Management
What they do?
Management consultants perform some or all of the following duties:
A. Advise clients on advertising or sales promotion strategies
B. Develop and implement advertising campaigns appropriate for print or electronic media.
C. Analyze and provide advice on the managerial methods and organization of a public or private sector establishment
D. Conduct research to determine efficiency and effectiveness of managerial policies and programs
E. Conduct assessments and propose improvements to methods, systems and procedures in areas such as operations, human resources, records management and communications
F. Conduct quality audits and develop quality management and quality assurance standards for ISO (International Organization for Standardization) registration
G. Plan the reorganization of the operations of an establishment
Where they find work?
1. Management scientific and technical consulting services - 37.0%
2. Advertising and related services - 8.0%
3. Information and cultural industries - 6.0%
4. Financial and insurance - 5.0%
5. Administrative and support waste management and remediation services - 4.0%
6. Public administration - 4.0%
7. Wholesale trade - 3.0%
What education do I need?
1. You usually need a bachelor's degree or college diploma in business administration or commerce.
2. You may need a graduate degree in business administration.
3. To be a management consultant, you may need certification by a management consulting association in the province/territory where you'll work.
4. With experience, you may move up the ranks to become a manager or senior manager.
5. Many recent entrants have an undergraduate university degree, and almost 3 in 10 have a graduate degree.
High School Subject that will help:
1. Math
2. English
3. Marketing
4. Computer-related courses
What can you expect to make:
The average hourly wages for Professional Occupations in Business Services to Management is $27.50/HR, which is above average for occupations in the business, finance and administration sector and are close to average for all professional occupations. These wages grew at an average rate from 2002 to 2004.
Average Wage
Expected Wage by Age
Unemployment:
3% of Professional Occupations in Business Services to Management are unemployed. This rate is close to the average for professionnal occupations.
Unemployment
Trends in Unemployment
Current Job Outlook:
The job outlook for Professional Occupations in Business Services to Management is considered Above Average because:
1. Employment grew at an average rate.
2. The retirement rate is above average, and the number of retiring workers contributes to job openings.
3. Hourly wages ($27.50) are above the average ($18.07), and the rate of wage growth is close to the average.
4. The unemployment rate (3%) is close to the 2004 average (7%).
Future Job Prospects:
Your job outlook will continue to be Above Average because:
1. The employment growth rate will likely be above average because companies should continue to seek expertise in order to be competitive and are expected to contract out certain types of business operations.
2. The retirement rate will likely be above average and the number of retiring workers should contribute to job openings.
3. The number of job seekers will likely match the number of job openings.
Highest Concetration:
The highest concentrations (per 10,000 people) of Professional Occupations in Business Services to Management are found in Alberta and Ontario while the lowest concentrations are in New Brunswick and Newfoundland.
Unionization Rate:
The unionization rate (15%) is below the average (32%) for all occupations.
Useful Experience:
1. Writing and presentation skills
2. Computer literacy
3. Team work
Part Time Workers
Part time workers:
16% of Professional Occupations in Business Services to Management are employed only on a part-time basis. There were 85,100 workers employed in these occupations in 2004, an increase of 29% since 1997.
Age Demographics
Age Demographics:
The relatively low percentage of younger workers suggests few entry-level job openings, and could point to a greater need for workers with experience or a number of years of training. The older-than-average age (43) of worker will likely result in an above-average retirement rate to 2009.
