Business Management and Administration careers encompass planning, organizing, directing and evaluating business functions essential to efficient and productive business operations. Hospitals, professional offices, law firms, and corporate headquarters require bookkeepers, administrative assistants, and benefit specialists to keep their operations running smoothly. As technology becomes more advanced and businesses begin to expand globally, international expertise will be a valuable skill for individuals in this field. Workers with computer skills will be most in demand. Occupations in this cluster are essential to any industry.
Produced by: Granby High School, Norfolk City Public Schools
Employment Projections: 2010-2020
Under the original cluster system Business Management and Administration, including marketing and financial occupations, is the largest of all 16 career clusters. It employed about 22 million people nationwide in 2010, and the Bureau of Labor Statistics projects that it will add over 2.6 million new jobs by 2020. Employment opportunities in this cluster are expected to grow by about 12 percent by 2020, which is about average compared to other clusters and the national average of 14%.
Under the new cluster system that omits marketing and financial occupations, Business Management and Administration will be a smaller cluster. It will employ close to 17 million people in 2010 and is expected to grow to about 18.7 million by 2020. Under this new arrangement, it will be the third largest cluster, falling behind Hospitality and Tourism with almost 18 million workers in 2010 and Marketing with almost 20 million.
The report Employment Projections for Business Management and Administration, 2010-2020 includes data on occupations growing faster that the nation average, pathways employment overview, occupations with the most job openings, and employment projections
What They Make...
|OCCUPATION||Employed in VA||Typical salary*||Typical entry-level education|
|Administrative assistants and secretaries||39,970||$20K–$49K||High school diploma|
|Administrative services managers||4,580||$45K–$145K||Bachelor's degree|
|Bill and account collectors||9,070||$22K–$49K||High school diploma|
|Bookkeeping and accounting clerks||44,280||$22K–$55K||High school diploma|
|Business operations specialists||32,350||$36K–$113K||Bachelor's degree|
|Chief executive||6,000||$75K–$187K+||Bachelor's degree|
|Claims adjusters||4,930||$37K–$91K||High school diploma|
|Compensation, benefits specialists||2,240||$38K–$94K||Bachelor's degree|
|Customer service representatives||52,330||$20K–$51K||High school diploma|
|Legal secretaries||3,370||$26K–$69K||High school diploma|
|Medical secretaries||5,990||$22K–$46K||High school diploma|
|Medical transcriptionists||1,680||$23K–$48K||Postsecondary non-degree award|
|Operations research analysts||4,760||$42K–$130K||Bachelor's degree|
|Property managers||2,320||$27K–$114K||High school diploma|
|Sales managers||5,970||$54K–$187+||Bachelor's degree|
*10th to 90th percentile
Source: U.S. Bureau of Labor Statistics
Career Cluster Planning
A resource for counselors, administrators, and educators
CTE Administrative Planning Guide (APG) – includes information to help local school divisions plan and schedule instructional programs. The APG is organized by career clusters, with a complete listing of courses, concentration sequences, and credentials available to students as they plan for career entry and continuing education. Users may access course information by cluster or by searching for specific courses or certifications.
Career Planning Guide – includes an easy way for students and counselors to look for courses to further career goals. One can search for occupations, browse by Career Clusters or favorite academic subjects.
Information and tips for instructional leaders, administrators, counselors and teachers/faculty for creating a career pathway academic and career plan of study.
- Business Management & Administration Cluster Information
- Checklist for Developing Career Clusters Plans of Study (Word)
Sample Academic and Career Plans of Study
School divisions are asked to develop sample plans of study based on the courses offered within their schools, the employment needs of the region, and the post-high school educational opportunities needed for these careers. Once these sample plans are developed, they can be customized to the needs of individual students so that all students have the opportunity to have an individualized academic and career plan of study.
Sample Pathway Plans of Stud for Business Management & Administration:
- Administrative Support (Word)
- Business Information Management (Word)
- General Management (Word)
- Human Resources Management (Word)
- Operations Management (Word)
- Blank Plan of Study (with fields) (Word)
Also see Sample Plans of Study for all clusters and pathways.
- American Institute of Certified Public Accountants
- The Leadership Development Organization
- National Association of Legal Professionals
The Career Clusters logo and its extensions are the property of the National Career Technical Foundation, as managed by NASDCTEc. Some content on this page is from the publication, R U College & Career Ready? - 2015 Edition; and is used here with permission from the Virginia Business Publications LLC and Trailblazers in the Demographics and Workforce Section of the Weldon Cooper Center for Public Service at the University of Virginia.