BUSINESS SCHOOL: IS IT WORTH IT? AND THE JOB MARKET? - MYTHS AND TRUTHS (full report)

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Samira Raquel

Published on Sep 1, 2023
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#administration #administrationcourse #administrationcollege The Administration course is one of the most sought-after undergraduate courses among those interested in entering higher education. Likewise, the course leads the ranking of undergraduate courses with the highest number of graduating students. At the educational institution, students learn about creating goals, internal policies, analyzing results, conducting audits, and other professional duties. Whether in the administration of private companies or working as a consultant, the administrator is able to assume several responsibilities in the professional field, including structuring management processes and managing the company's resources, such as materials, administrative processes, and company finances. Planning, organization, direction, and control are considered the pillars of good administration. Check out some of the main subjects offered in the course: Accounting; Economics and Public Management; Economics and Private Management; Finance; Logistics; Marketing; Strategic Planning; Services and Human Resources; Information Systems, and other subjects. With a bachelor's degree, a degree in Business Administration lasts, on average, between four and five years, and this time varies according to the educational institution offering the course. Throughout the course, students are prepared to work in the job market with roles related to defining strategies and managing the financial, material and human aspects of organizations. Those interested can find the course at public and private educational institutions. At private institutions, monthly fees can start at R$300.00 and go up to R$1,500.00. Business administrators can work either under the Consolidation of Labor Laws (CLT) or through the Legal Entity model, providing services to third-party companies. Therefore, the salary of a business administration professional ends up varying considerably, but according to information from the Federal Council of Administration (CFA), recent graduates receive an average of R$2,458.00, while professionals with more than 2 years of experience in the area have a base salary of R$5,977.00. Graduates in Business Administration are required to work in all companies, regardless of their industry. This means that they will be able to find job opportunities in a wide range of markets and areas: banks, hospitals, educational institutions, cultural centers, Non-Governmental Organizations (NGOs), industries and retail are some of the places that hire these professionals the most. Business Administration Business administration is the most traditional segment in which business administrators work. In general, professionals must manage businesses, people or resources, with the aim of achieving goals defined by the company's governing body. Their role is to ensure the financial health of the business, increasing profits and controlling expenses. Financial Administration Professionals focused on financial administration are responsible for issues related to the company's finances. These professionals are committed to reducing costs, making the business operationally viable in an agile and fast manner, and enabling cash inflows. They are responsible for all development and execution of the company's financial planning. Public administration Administrators work professionally in various areas of public administration, and may, for example, provide consultancy services, carry out activities in the management of public policies, as well as in NGOs, third sector companies, mixed economy companies and companies that maintain relations with the State or state-owned companies. Sports administration Sports administration plans, organizes, coordinates and controls services, companies and projects related to sports. In this management segment, the administrator works in the most diverse sports modalities, but may be focused on one of them, such as Sports Management in Football, for example. Hospital administration Hospital administration is the area responsible for the organization and administration of hospitals, health clinics, medical laboratories and other establishments that work with the promotion of health and care. Those who work in this segment must be able to direct and coordinate activities related to health, whether in the public or private sector. Hotel administration The hotel segment is an area that generates thousands of reais in the Brazilian economy, therefore, the administrator is also essential in the management and health of businesses in this area. In this segment, the professional plans, organizes, directs and controls the resources involved in a hotel or any other accommodation-related ventures.

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