The concentration that I am interested in is Management.
Three possible careers that I could have when I graduate are:
Administrative Assistant
Analyst/Staff Consultant
General Manager
-An Administrative Assistant manages and maintains an executive's schedule, prepare presentations, software applications, general office duties, arrangements for an executive, prepares agendas, and recruit jobs for possible employees.
-To have this career, a four-year degree is almost always required, or a bachelor's degree in business, but for some companies it is not. One has to have the knowledge of administrative and clerical procedures, word processing, managing files, designing forms, a good understanding of the English language, customer service skills, business management principles, human resource modeling, leadership techniques, production methods, and a great understanding of computers. There are no other required certificates or degrees, but an MBA is a good thing to have. One also needs one to two years of job related experience.
-The employment outlook for the next 5-10 years is moderate, there is not much of a need for this career. The projected growth is 14% to 20%, and the factor that will affect the demand for this career is the economy.
-The average starting salary for this occupation is $25,000 and can go up to $60,000 or more.
-Three things that concern me about this occupation is that the job description is basically a secretary, and you are just helping someone with complicated tasks. The demand for the job is not particularly high, so the competition for an occupation like this is going to be tough, and this occupation seems to be more for a big corporation rather than a small business, which is not really what I want to be a part of.
http://www.wetfeet.com/Careers-and-Industries/Careers/Management-Consulting.aspx
http://online.onetcenter.org/link/summary/43-6011.00
-An Analyst/Staff Consultant gathers and organizes information, analyzes data that is gathered and develops alternative methods of proceeding, prepares manuals and trains workers, plan study of work problems and procedures, design and evaluate reports.
-The education that is required for this occupation is a bachelor's degree in business, several years of job-related experience or internships, but a minimum of two years of experience is required.
-The employment outlook for this occupation 21% or higher, which is much faster than average. The jobs are in high demand and factors that would affect the demand for this occupation are the economy, corporations closing, and the availability of graduated students.
-The average starting salary for this is $45,000 and can go up to $75,000.
-Three things that concern me with this occupation as possible drawbacks are the experience needed for it. It will take a few years of other related experience in order to obtain this job, which could become tiring. Another drawback would be if the demand begins to drop because of the economy's recovery, giving people with the experience a better chance to get the job and making the competition tight. The last possible drawback that I would have with this occupation is that is at the bottom of the "professional pyramid," which would make it harder to get higher up and better careers that pay more.
http://www.wetfeet.com/Careers-and-Industries/Careers/Management-Consulting.aspx
http://online.onetcenter.org/link/summary/13-1111.00
-A General Manager oversees activities related to making products or providing services, direct and coordinate activities of businesses or departments, review financial statements, manage staff, prepare work schedules, assign specific duties, determine staffing requirements, determine goods and products to be sold, and plan promotions.
-The education that is required is an associates degree, preferably a bachelors, related on the job experience, and two years training in a vocational school. They need to have the knowledge of business and administrative procedures and principles, customer service and recruitment, economic and accounting principles, great understanding of mathematics, marketing, and administrative and clerical procedures.
-The employment outlook for the next 5-10 years is low. There is little to no demand for this occupation. When the economy recovers, the demand will rise again and more and more positions will become available, because more businesses will open up.
-The average starting salary for a General Manager is $75,000 and the median is $92,000.
-Three things that concern me about this occupation is that the demand is really low. This make the competition extremely tough. Because of the demand being low, more experience is required which is another thing I am concerned with. The last thing that concerns me about being a General Manager is the work load, and the stress that will come with it. They have to manage a department or company and there is a lot of things that go into it, which is just going to build up a lot of stress on someone who is in that position.
http://online.onetcenter.org/link/summary/11-1021.00
Sunday, October 4, 2009
Tuesday, September 29, 2009
Business Publication #2 - BBC News
http://news.bbc.co.uk/2/hi/business/8257032.stm
In BBC News' article, "Cash for clunkers boosts US sales," the US automotive industry saw an increase in sales because of the "Cash for Clunkers" idea. The idea was to have consumers buy more new vehicles and get rid of their old. The program had to end when the funding for it ran out in August, which makes some people skeptical that the market will continue to rise. Instead, they believe that the only reason the market rose was due to the program, and because it is over, the market will decline as it had in the previous months. I am pessimistic that the automotive industry is going to be increasing anytime soon, I fear that the market will continue to fall until new innovations are brought forth and utilized for struggling Americans.
In BBC News' article, "Cash for clunkers boosts US sales," the US automotive industry saw an increase in sales because of the "Cash for Clunkers" idea. The idea was to have consumers buy more new vehicles and get rid of their old. The program had to end when the funding for it ran out in August, which makes some people skeptical that the market will continue to rise. Instead, they believe that the only reason the market rose was due to the program, and because it is over, the market will decline as it had in the previous months. I am pessimistic that the automotive industry is going to be increasing anytime soon, I fear that the market will continue to fall until new innovations are brought forth and utilized for struggling Americans.
Business Publication #2 - Business Week
http://www.businessweek.com/magazine/content/09_12/b4124078381283.htm?chan=top+news_green+business+news+index+page_top+stories
In Business Week's "BMW's Push into Electric Cars," the automotive company is looking to the future with the creation of a vehicle that is completely battery powered. The automotive industry is not looking great right now, and it is just going to get worse in the future. BMW knows this and in order to stay a respectable car company, they want to keep their customers in the future with greener cars, specifically electric. There are optimists and pessimists about the idea however, on the upside, people are still willing to pay for a quality vehicle compared to that of Mitsubishi. On the down side, battery prices may not decline, but increase, which would raise the cost of the car. Ten years into the future, people may not be willing to have a high monthly payment for a vehicle that only goes so far on a battery. I love BMW, so when the time comes that America has to rely on electric cars, I am going to buy the BMW over the competition.
In Business Week's "BMW's Push into Electric Cars," the automotive company is looking to the future with the creation of a vehicle that is completely battery powered. The automotive industry is not looking great right now, and it is just going to get worse in the future. BMW knows this and in order to stay a respectable car company, they want to keep their customers in the future with greener cars, specifically electric. There are optimists and pessimists about the idea however, on the upside, people are still willing to pay for a quality vehicle compared to that of Mitsubishi. On the down side, battery prices may not decline, but increase, which would raise the cost of the car. Ten years into the future, people may not be willing to have a high monthly payment for a vehicle that only goes so far on a battery. I love BMW, so when the time comes that America has to rely on electric cars, I am going to buy the BMW over the competition.
Sunday, September 20, 2009
Career Fair Evaluation
The two companies that I visited at the Career Fair on Wednesday, September 16, 2008, were Hyatt Hotels & Resorts, and Enterprise Rent-a-Car.
The questions I asked the companies were:
- How great are the salaries for someone working in the company?
- How happy are you with your position? And how does the company rank in competition to others?
Answers I got from the companies:
Hyatt Hotels & Resorts-
- "Depending on which positions are available, anything from $40,000 for a hotel manager position to $100,000 or more for a higher position like general manager."
- "I am satisfied with my position, and it has really opened up great opportunities for me. The hotel company has a lot of competition and is higher ranked among the other chains."
Enterprise Rent-a-Car-
- "The salaries can range but the average for a managerial position, which is what you are looking for, is around $60,000."
- "Having this job has really helped me get farther in my life, and it is a great beginning job. The competition is tight, there are a lot of rental car companies out there."
The hardest part of attending the career fair was the overwhelming number of booths and how many students were looking for these internships or careers. It really made me think about what I should be doing with my education to get a good job.
The next time I go to the Career Fair I am going to have more questions for the recruiters and prepare more by bringing my resumes and looking more professional.
The recruiter taught me that getting involved really is important and looks great for my resume, it may be repeated to me a thousand times, but it's because it really does count to be involved in clubs and organizations.
Tuesday, September 15, 2009
Business Publication #1 - Forbes
http://www.forbes.com/2009/03/25/best-cities-careers-bizplaces09-business-places_lander.html
For the article I read in Forbes, "The Best Place for Business and Careers," that really caught my attention. The article is about the top 100 places for business in the country. Ranked number one is Raleigh, NC. This is a good piece of information for me to know because if I continue with my business career, this city would definitely be a place of interest to me. The city that caught my attention the most, with the predictions and results of this article, is that Fort Collins, CO was ranked number two out of the country for a great place to start business. This really interests me because I love Colorado, and if I plan on working for great businesses, or starting my own, I can remain local. The ranking system was based on a number of things, such as the employment, education, and housing, and with all of these in account, Colorado had two metro's ranked in the top ten! This article gives me a little hope with our current standing with the economy, knowing that after I graduate, Colorado can remain my home for business as long as I would like.
For the article I read in Forbes, "The Best Place for Business and Careers," that really caught my attention. The article is about the top 100 places for business in the country. Ranked number one is Raleigh, NC. This is a good piece of information for me to know because if I continue with my business career, this city would definitely be a place of interest to me. The city that caught my attention the most, with the predictions and results of this article, is that Fort Collins, CO was ranked number two out of the country for a great place to start business. This really interests me because I love Colorado, and if I plan on working for great businesses, or starting my own, I can remain local. The ranking system was based on a number of things, such as the employment, education, and housing, and with all of these in account, Colorado had two metro's ranked in the top ten! This article gives me a little hope with our current standing with the economy, knowing that after I graduate, Colorado can remain my home for business as long as I would like.
Business Publication #1 - Denver Post
http://www.denverpost.com/business/ci_13337622
I read an article in The Denver Post, "Credit-card companies making a final campus drop," that was quite interesting. In the article it explained how there is now a new policy that will be enforced in February that will ban credit-card companies from trying to "recruit" college students to their cards. Some campuses have already lost the credit-card advertisers simply because of the economy. However, many campuses believe that until February, there is going to be a high amount of credit-card companies that are going to try and retrieve as many students as possible until the policy will take effect. This seems as though it will be an excellent policy because new college students, specifically freshmen, are the targets for these companies. Without proper knowledge, and just the fact that these students are naive, many are going to agree to getting a piece of plastic that will put them in debt for the rest of their lives. That's what credit-card companies want, they would love for these new card-holders to constantly be in debt, because they are making more money. With this policy going into effect, students are not going to be as susceptible to these credit companies, and they will be able to make a wiser decision as soon as they are old enough to get the credit-card.
I read an article in The Denver Post, "Credit-card companies making a final campus drop," that was quite interesting. In the article it explained how there is now a new policy that will be enforced in February that will ban credit-card companies from trying to "recruit" college students to their cards. Some campuses have already lost the credit-card advertisers simply because of the economy. However, many campuses believe that until February, there is going to be a high amount of credit-card companies that are going to try and retrieve as many students as possible until the policy will take effect. This seems as though it will be an excellent policy because new college students, specifically freshmen, are the targets for these companies. Without proper knowledge, and just the fact that these students are naive, many are going to agree to getting a piece of plastic that will put them in debt for the rest of their lives. That's what credit-card companies want, they would love for these new card-holders to constantly be in debt, because they are making more money. With this policy going into effect, students are not going to be as susceptible to these credit companies, and they will be able to make a wiser decision as soon as they are old enough to get the credit-card.
Sunday, August 30, 2009
Concentration Paper
Part 1:
1-Michael Vincent
2-Colorado Springs, CO
3-Corbett
4-Insects, Science & Society; History to 1876; Bus 150; Bus 100; Geology of Earth; Math 117 and 118
5-I am not working any hours right now, but I plan on finding an on campus job.
6-I chose CSU because it was in-state and cheap. My original choice was DePaul University in Chicago, IL, but after a while I realized that CSU was going to be a better choice. I am staying in the state I love, I am still close to family, and the academics are still great and will help me with my careers later on in life.
7- I chose a business major because I want to go into Management and hopefully own my own company. My parents owned their own store and because of that I decided that going into business was what I wanted to do. I love working with money, and with a degree in business and owning my own company, I am hoping that one day I will have enough money to have a large house, own many cars, and have a happy life.
8-I love to spend my free time off-roading in the mountains and on trails.
9-I don't really know anyone from the class, but I do know that there are two people from Corbett that are in the class.
10-I do not know any of the faculty members in the college of business.
11-I am slightly interested in Study Abroad. I think that on one hand it would be an extremely exciting experience, meeting new people, and learning about a new culture. On the other hand, it would be harder to transition from American education to another country's. Also, you are farther from home and you would most likely not know anyone.
12-
Business Week-have heard of it but don't read it
Fortune-have heard of it but don't read it
Forbes-have heard of it but don't read it
The Economist-have not heard of it
BBC-have heard of it but don't read it
Denver Post-have heard of it but don't read it
Forbes Small Business-have heard of it but don't read it
Wall Street Journal-have heard of it but don't read it
13-What are the benefits of choosing my concentration as Management?
Part 2-
When I think about what I am good at, the first thing that comes to mind is that I am very persistent with what ever I am doing. If I am working on a project, or just hanging out with my friends, I am adiment on getting things done. This would be a good strength for working in management becuase if there is a deadline or something similar to that, I would get it done as quick as I could. Other things that I come to mind when I think about what I am good at is talking, spending, and being friendly. Talking would be a good strength for my concentration because it would help with customer ineraction. I would always be able to talk to customers and have real conversations with them which would help in sales because I am not strictly trying to have them buy my product. Being friendly is another strength that would go hand in hand with talking because I would be able to talk to my customers and employees with confidence, not being shy or being mean, and really making them feel welcomed and not being pushed. Weaknesses that I would have while going into business is that I am sometimes impatient. Being impatient would not help me if I am trying to sell a customer a product, because if they do not want to buy right away or want to think about it for a while, I would not give them adequate time to make a decision. Another weakness that I would have when going into business management is that I am a perfectionist. Having this attribute is not always great because sometimes it's ok if everything is not going the exact way that I would like it, and it's okay to make mistakes.
I am not considering Accounting as my concentration because I am not the best with numbers. I know that in accounting or being an accountant, numbers are essential. I am also not really interested in accounting because I don't know that much about it. I know about the numbers, but that is really it. Information that I would like to know about accounting is what exactly it entails. What careers are offered with accounting degrees? How much money would one make? What are good qualities to have? With those questions answered I would be able to make a better decision on if I still don't want Accounting as my concentration.
I am considering Management as my concentration as of right now. I love being in charge and knowing what is going on. I am an excellent leader and joined many clubs in high school where I was the manager or commissioner. When I was working at the Rocky Mountain Chocolate Factory in Colorado Springs, I became an assistant manager for a few weeks. It fascinated me about all the things that go into being a manager. It is not just bossing employees around. There is paperwork, communications, ordering, scheduling, etc., that are all things I enjoyed. Questions that I have about management as a concentration is how successful can one be with this? What opportunities are available? and what careers are opened up to a person who graduates with this concentration?
Marketing is a concentration that I would change to if I were not going for management. I would choose this as a second choice because I feel that this is something that opens up a lot of careers that pay well for someone. I like to know about markets and money, but am still not that great with numbers, so this is the main reason I am not choosing this as my concentration. If I become a little better with numbers I might consider changing to marketing. Questions I would have about this concentration is what is available for someone in marketing? and how far can they get with this as a concentration?
I am not considering Computer Information Systems as a concentration because I really don't know anything about computers. I also don't much about this concentration which raises a lot of questions for me. What careers are offered? How much could you make? What exactly would you do? Does it require a lot of math skills? What are good qualities to have if you are going to have this as a concentration?
Finance is another concentration that I am not considering because I am not entirely sure what is available with it. I am unsure about careers that are available, and how much you could make. I am also horrible with my own finances that I would most likely not be great at dealing with other peoples' finances. Questions about finance is what one does with this degree? What are the careers that are available with finance?
Real Estate is a strange concentration to me. It has to be a lot more work than just knowing how to sell a house or other building. With that in mind, I would like to know more about real estate. If the concentration that I have chosen for now fails or I turn out to not like it, real estate is something that I would definately consider. I love houses and I love selling, so this could be a great thing to choose, but because I am not sure about all of it, I have questions. What all is offered in real estate? What are classes that should be taken? What are the available careers, and how much does someone in real estate typically make?
My four letter are ESFJ. Careers that it suggest I might be interested in is teaching, nursing, real estate, physician, and respiratory therapist.
My two colors are yellow and green. The careers it suggest to me are accountant, astronomer, small business owner, consultant, and food service manager.
When I took the two quizzes I learned a lot about myself that I have never considered. I now look at myself as the guardian and realize that I actually do have a lot of the attributes of what the two tests described me as. I do like to take control and provide for the general welfare for people, which is why I am described as the "provider". They also suggest that someone of this type can sometimes be easily wounded, and act off of those emotions, which in a lot of cases I actually do, but I never realized it. I agree with the tests in that this is the way I typically think of myself. I see me as a provider and I enjoy taking care of people, even if it is a different career from management.
The personalities do not really match the careers I was thinking about. I am looking more for a general manager or supervisor, but they are suggesting eduation and health. Small business owner was listed as a possible career which is not too far off from what I would like to do, but I have never considered going into elementary teaching or becoming a nurse. I do like helping people though, and those would be pretty fun careers if I decided to take that path. By taking these two personality tests they opened up a couple new ideas for me and choosing my concentration. One of concentrations that I may look into is real estate because it suggested that as a possible career for me. Accounting is the other concentration that I may look into because of the careers it listed, but management is still the concentration that I would like to stick with.
1-Michael Vincent
2-Colorado Springs, CO
3-Corbett
4-Insects, Science & Society; History to 1876; Bus 150; Bus 100; Geology of Earth; Math 117 and 118
5-I am not working any hours right now, but I plan on finding an on campus job.
6-I chose CSU because it was in-state and cheap. My original choice was DePaul University in Chicago, IL, but after a while I realized that CSU was going to be a better choice. I am staying in the state I love, I am still close to family, and the academics are still great and will help me with my careers later on in life.
7- I chose a business major because I want to go into Management and hopefully own my own company. My parents owned their own store and because of that I decided that going into business was what I wanted to do. I love working with money, and with a degree in business and owning my own company, I am hoping that one day I will have enough money to have a large house, own many cars, and have a happy life.
8-I love to spend my free time off-roading in the mountains and on trails.
9-I don't really know anyone from the class, but I do know that there are two people from Corbett that are in the class.
10-I do not know any of the faculty members in the college of business.
11-I am slightly interested in Study Abroad. I think that on one hand it would be an extremely exciting experience, meeting new people, and learning about a new culture. On the other hand, it would be harder to transition from American education to another country's. Also, you are farther from home and you would most likely not know anyone.
12-
Business Week-have heard of it but don't read it
Fortune-have heard of it but don't read it
Forbes-have heard of it but don't read it
The Economist-have not heard of it
BBC-have heard of it but don't read it
Denver Post-have heard of it but don't read it
Forbes Small Business-have heard of it but don't read it
Wall Street Journal-have heard of it but don't read it
13-What are the benefits of choosing my concentration as Management?
Part 2-
When I think about what I am good at, the first thing that comes to mind is that I am very persistent with what ever I am doing. If I am working on a project, or just hanging out with my friends, I am adiment on getting things done. This would be a good strength for working in management becuase if there is a deadline or something similar to that, I would get it done as quick as I could. Other things that I come to mind when I think about what I am good at is talking, spending, and being friendly. Talking would be a good strength for my concentration because it would help with customer ineraction. I would always be able to talk to customers and have real conversations with them which would help in sales because I am not strictly trying to have them buy my product. Being friendly is another strength that would go hand in hand with talking because I would be able to talk to my customers and employees with confidence, not being shy or being mean, and really making them feel welcomed and not being pushed. Weaknesses that I would have while going into business is that I am sometimes impatient. Being impatient would not help me if I am trying to sell a customer a product, because if they do not want to buy right away or want to think about it for a while, I would not give them adequate time to make a decision. Another weakness that I would have when going into business management is that I am a perfectionist. Having this attribute is not always great because sometimes it's ok if everything is not going the exact way that I would like it, and it's okay to make mistakes.
I am not considering Accounting as my concentration because I am not the best with numbers. I know that in accounting or being an accountant, numbers are essential. I am also not really interested in accounting because I don't know that much about it. I know about the numbers, but that is really it. Information that I would like to know about accounting is what exactly it entails. What careers are offered with accounting degrees? How much money would one make? What are good qualities to have? With those questions answered I would be able to make a better decision on if I still don't want Accounting as my concentration.
I am considering Management as my concentration as of right now. I love being in charge and knowing what is going on. I am an excellent leader and joined many clubs in high school where I was the manager or commissioner. When I was working at the Rocky Mountain Chocolate Factory in Colorado Springs, I became an assistant manager for a few weeks. It fascinated me about all the things that go into being a manager. It is not just bossing employees around. There is paperwork, communications, ordering, scheduling, etc., that are all things I enjoyed. Questions that I have about management as a concentration is how successful can one be with this? What opportunities are available? and what careers are opened up to a person who graduates with this concentration?
Marketing is a concentration that I would change to if I were not going for management. I would choose this as a second choice because I feel that this is something that opens up a lot of careers that pay well for someone. I like to know about markets and money, but am still not that great with numbers, so this is the main reason I am not choosing this as my concentration. If I become a little better with numbers I might consider changing to marketing. Questions I would have about this concentration is what is available for someone in marketing? and how far can they get with this as a concentration?
I am not considering Computer Information Systems as a concentration because I really don't know anything about computers. I also don't much about this concentration which raises a lot of questions for me. What careers are offered? How much could you make? What exactly would you do? Does it require a lot of math skills? What are good qualities to have if you are going to have this as a concentration?
Finance is another concentration that I am not considering because I am not entirely sure what is available with it. I am unsure about careers that are available, and how much you could make. I am also horrible with my own finances that I would most likely not be great at dealing with other peoples' finances. Questions about finance is what one does with this degree? What are the careers that are available with finance?
Real Estate is a strange concentration to me. It has to be a lot more work than just knowing how to sell a house or other building. With that in mind, I would like to know more about real estate. If the concentration that I have chosen for now fails or I turn out to not like it, real estate is something that I would definately consider. I love houses and I love selling, so this could be a great thing to choose, but because I am not sure about all of it, I have questions. What all is offered in real estate? What are classes that should be taken? What are the available careers, and how much does someone in real estate typically make?
My four letter are ESFJ. Careers that it suggest I might be interested in is teaching, nursing, real estate, physician, and respiratory therapist.
My two colors are yellow and green. The careers it suggest to me are accountant, astronomer, small business owner, consultant, and food service manager.
When I took the two quizzes I learned a lot about myself that I have never considered. I now look at myself as the guardian and realize that I actually do have a lot of the attributes of what the two tests described me as. I do like to take control and provide for the general welfare for people, which is why I am described as the "provider". They also suggest that someone of this type can sometimes be easily wounded, and act off of those emotions, which in a lot of cases I actually do, but I never realized it. I agree with the tests in that this is the way I typically think of myself. I see me as a provider and I enjoy taking care of people, even if it is a different career from management.
The personalities do not really match the careers I was thinking about. I am looking more for a general manager or supervisor, but they are suggesting eduation and health. Small business owner was listed as a possible career which is not too far off from what I would like to do, but I have never considered going into elementary teaching or becoming a nurse. I do like helping people though, and those would be pretty fun careers if I decided to take that path. By taking these two personality tests they opened up a couple new ideas for me and choosing my concentration. One of concentrations that I may look into is real estate because it suggested that as a possible career for me. Accounting is the other concentration that I may look into because of the careers it listed, but management is still the concentration that I would like to stick with.
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