Respond to the real needs of the current business sector, studying and predicting where to advance and with which tools to compete in the market.
He is a coordinator and director of the aimed efforts to achieve the company objective.
In his performance, he will have to assume calculated risks, facing unexpected events that emerge and having suitable solutions at hand to overcome obstacles that may be presented.
Besides, he has to achieve an optimal utilization of his resources to improve the company’s quality, competitiveness and efficiency.
He leads the company based on the information availability both internal and external to the company, which is analyzed and based on it, establishing a course of action and anticipating future situations, in order to develop and promote it in the market.
The external information to the company required is of the economical, social, legal, political and technological type, to make a diagnosis and interpreting of the company situation in the environment where it develops.
And also, more specific factors of his interest as information about his providers, customers, lobby groups and competition.
Company’s internal information is obtained through documents which inform of general and actual data of the production, administration and financing areas of the company, in order to make decisions based on actual and up-to-date facts of the company.
Specific tasks or activities carried out in the profession.
- He evaluates what happens within and out of the company.
- He projects economical future of the company and its linking with the environment.
- He designs the organizational strategy in order to adapt the company to environment changes.
- He builds *viable projects. He *formulates *investment projects, from their initial conception, design and structure up to the management of their real operation.
- He plans the *management, strategies and *policies inside the companies.
- He leads, motivates, persuades, negotiates, conducts, and works in team for the achievement of the company objectives. He must know the people he is in charge of, getting the best of them and being able to conduct them to such objectives.
-He interprets the economic and administrative results of the company and questions them.
-He takes business initiatives and risks with knowledge of the instruments of the activity.
-He studies the company organizational structure and its decision-making, *planning, information and control processes.
-He makes use of methods and scientific and technological instruments to optimize the *human potential, the material, technological, economic and financial resources of the organizations.
- He incorporates more technology in order to increase efficiency and productivity.
- He knows well the type of product he offers, the target *market, sales level and his real prospects of supplying his *potential customers; while controlling the *production, *administration and *financing areas.
All this work can be performed as an enterprise manager, or starting his own business.
Researcher, executive or advisor of all kind of enterprises or organizations that are linked to economic phenomena
Research and teaching in higher education Institutions such as Universities, Institutes, etc
Starting your own business
Estimated time of College years:
4 to 5 years according to the plan of studies of the institution that gives it.
Main courses considered in the syllabus.
General Education Courses
Social Psychology, Employment and Labor Law, Social Theory, Economic History, different levels of English.
Basic Training Courses
Mathematics (Algebra, Calculus 1, 2 & 3, Statistics 1 & 2), Computing
Professional Training Courses
Administration 1 & 2, *Accounting, *Financial Accounting, *Cost Accounting, *Finance, Financial Management, *Marketing, *Capital Market, Supply Chain, Commercial, Personal and Communications Management, *Macroeconomics, International Economics, Operations Management, Business Policy, Price Theory, Commercialization, *Market Research, Market Equilibrium, Theory of Organization, Investment Valuation, *Operations Research
Vocations, Skills and Interests required in the candidate to this career
● Interest in the observation of social-commercial situations
● Curiosity for predicting if a business project will be successful or not
● Interest in proposing marketing initiatives
● Taste for sales
● Curiosity in observing business opportunities where others haven’t foreseen them yet
● Fun for bargaining while purchasing
● Interest in meeting people and take greatest advantage of their social relations
● Taste for motivating people with his ideas
● Initiative to organize and coordinate to carry out projects, works, etc. to others to proceed with events, works, etc.
● Taste for *management
● Attraction to business strategy
● Attraction to the world of exchange
Vision and commercial creativity
Ability to negotiate
Ease in relating and communicating with people
Good level of Numerical reasoning
Capacity to face new situations and make contributions conveniently
Distributed Attention, that is to say, the capacity of attending and solving varied problems
Capacity of teamwork leadership, organization and coordination
Sense of Order
Analytic of situations in which a great number of factors intervene
Strong inclination for Producing goods and services and achievements in the social, daily and economic aspect.
He desires to contribute his skills in developing, creating and establishing things.
Satisfaction to achieve the motivation and cohesion of people in the search of a joint achievement
Yearning to undertake new ways of organizing the *resources to create wealth which satisfy economic needs bringing welfare to the population with strategy
Or any specific dream or longing which feels involved or oriented towards this direction.
Dynamic and competitive
Practical and concrete
Versatility in team work
Persuasive, operator, leader
Capacity of undertaking new situations and assuming risks
Capacity to make decisions
With Sense of Opportunity
With nature to direct and ability to control
Executive capacity, in order words, capacity to carry out tasks, proceedings and agreements.
Office environment, with high level of management
Competitive and pressure environment
A lot of social contact
Requires of availability to travel
Hospitality and Tourism Administration
In general, an Administrative career in any developmental field (Depending on your choice of interest in the specific area)
*Glossary of Terms
*Shares: Documents which represent the company value. The number of shares belonging to a partner indicates his economic involvement and his corresponding membership in that society, owner of that company.
*Administration: Administer: Direct, govern, conduct, determine the direction, the policies to pursue, lead an enterprise.
Manage the human, economic and technical resources to achieve the peak performance.
*Goods: A person’s belongings, his property.
*Bond: Document in which stipulates the value to be paid by the issuer of such document, at the due date. It bears interests which are paid in the way defined in this contract.
*Supply Chain: Raw materials supply
*Potential Customers: Possible costumers
*Accounting: Adopted order to keep accounts in an appropriate way.
*Cost Accounting: Registration of organizations expenses, identifying the type of existing cost within an enterprise whether from production, damaged equipment, etc, applying different systems for their calculation and making it useful in the decision-making.
*Financial Accounting: Course which is about the *economical and *financial evaluation (presentation of results, developed activities, sales figures, etc.) of the enterprises, using the information provided by the accounting system.
Finances deal with the collection and determination of the cash flow (inflows or outflows of money) required by the company, in addition to the distribution and management of those funds in order to maximize the economical value of the company.
*Funds: Available money
*Formulate: Shape a project, describing it in clear and accurate terms.
*Management: Manage: Do research and procedures to carry a project forward.
*Investment: Employ capital in productive business.
*Market Research: Process of collecting, recording and analyzing the information related to the commercialization of goods and services.
*Operations Research: Course which concentrates practical applications of decision making in organizations.
*Market: Public domain intended to trade (buying and selling) products and services.
*Macroeconomics: It has to do with a country’s production and wealth-consuming and the problems related to employment level.
*Capital Market: set of *financial institutions which channel the supply and demand of financial loans. The enterprises are commercial banks, stock exchanges, etc.
*Marketing: Branch of Business Administration which studies all the functions an enterprise must perform to investigate the consumer needs and interpret that information in the creation, production and introduction of new products to the market, for which it is necessary to develop market research activities, product planning, sales promotion, their sales and distribution.
*Planning: Establish what is to be done.
*Policies: Criteria, methods or points of view from which a situation is faced.
*Human Potential: Total quantity and quality of human effort available for the production of goods and services. Physical and intellectual capacity of human beings.
*Production: Creation and processing of goods and merchandise.
*Resource: to what can be resorted to support to our purposes.
*Transaction: movement of money, *shares, *bonds and *assets.
*Viable: That there are possibilities to carry something out.GO BACK