There are ample career opportunities for the BBA students. The BBA students can join at different job roles available in both private and public sectors. The present article tries to explain some of the important job roles available for BBA students.
Business Advisor
The business advisors are responsible to support businesses and the ability to use their own experiences across specialisms than a specific degree subject.
Role of a Business Advisor
As a business advisor one is responsible to provide information support, coaching, advice and guidance to business people. They are responsible to provide specialist services depending on their expertise.
Responsibilities of a Business Advisor
As a business advisor one is responsible to:
- Possess an in-depth knowledge of the business support landscape and the ability to advise businesses on the range of options
- Undertake diagnostic needs assessments with businesses, including analysing the needs of the business and working with the client to put a business action plan
- Develop a professional network of associates who can provide a broad range of business and enterprise support services to the clients
- Build positive relationships with clients, partners, associates and networks
- Have excellent mentoring and coaching skills
- Attend meetings with networks and associates to ensure you to keep up to date with global, national, regional and local business support initiative to ensure the clients benefit
- Undertake research on behalf of a business
- Communicate with client’s networks and associates
- Provide start-up businesses with advice and guidance to assist them successfully set up and commence trading
- Provide tutoring on suitable business plans and cash flow plans
- Organise and deliver business networking events and business education, seminars and workshops
Salary and Emoluments
The fresh BBA students will be earning around 2 lakhs to 4 lakhs per annum. The experienced professionals will be earning around 4 lakhs to 6 lakhs per annum.
Actuarial Analyst
The actuarial analysts mainly use statistical formulas to assess the risk especially in life insurance companies
Role of an Actuarial Analyst
They are responsible to make computational analysis of the clients based on their age and health condition to determine the premiums for various policies offered by the organisation. They use specialised computer softwares and their expertise to finalise the premium amounts for the clients.
Responsibilities of an Actuarial Analyst
The actuarial analysts have certain responsibilities to handle in their organisations, they are:
- Understand and use complex mathematical formulas especially in the areas of advanced statistics and modelling
- Use the spreadsheet or sophisticated computer softwares to complete data analysis and generate readable reports
- Provide technical support to the team of fellow actuaries for producing statistical reports and analysis
- Generate readable reports for the results obtained, based on computations and observations so that common individuals can understand
Salary and Emoluments
The fresh BBA students will be earning around 3 lakhs to 5 lakhs per annum. The experienced professionals will be earning around 5 lakhs to 7 lakhs per annum.
Financial Risk Analyst
The role of the financial risk analyst is to identify and analyse the areas of potential risk that threatens the assets and business of an organisation
Role of a Financial Risk Analyst
They are responsible to predict the change and future trends along with the forecasting costs for the organisation.
Responsibilities of a Financial Risk Analyst
As a financial risk analyst, one is typically needed to:
- Make recommendations to reduce the control risk like an insurance strategy
- Work with the traders to calculate the risk associated with some specific transactions
- Monitor and forecast the market trends
- Conduct researches to assess the severity of the risk
- Conduct statistical analysis to evaluate the risk with the aid of sophisticated computer softwares
- Consider proposed business decisions
- Purchase insurance for an organisation
- Analyse a bank’s market position and running figures through complex modelling technique to find value at risk measurements
- Review the legal documents of the organisation
- Come up with new ideas via reports and presentations for improvising the business model of the organisation
- Carry out quantitative and qualitative analysis at regular intervals in the organisation
- Be aware of rules and regulations of the government and its effects on the company’s business modules
- Develop contingency plans in case of emergency
- Protect the organisation’s assets and public image
Salary and Emoluments
The fresh BBA students will be earning around 2 lakhs to 4 lakhs per annum. The experienced professionals will be earning around 4 lakhs to 6 lakhs per annum.
Forensic Accountant
The role of the forensic accountant is to utilize the accountancy skills to investigate the financial frauds and disputes of an organisation
Role of a Forensic Accountant
The forensic accountant is required to integrate different skills of accounting, auditing and investigation to uncover the information related to irregularities of an organisation.
Responsibilities of a Forensic Accountant
As a forensic account one is expected to perform certain duties like:
- Extracting data form financial records
- Creating and manipulating spreadsheets
- Performing forensic research to trace funds and identify the assets for recovery
- Conducting forensic analysis of financial data
- Preparing forensic account reports from financial findings
- Understanding the economic and legal implications of the fraudulent case
- Prepare analytical data for the court
- Attending court where to give an expert testimony in any financial care
Salary and Emoluments
The fresh BBA students will be earning around 4 lakhs to 6 lakhs per annum. The experienced professionals will be earning around 6 lakhs to 8 lakhs per annum.
Final Words
There is a good demand for BBA students in the different organisations both public and private sectors. The skilled BBA professionals are paid with decent salaries and also given excellent opportunities to grow in the career. The student with passion towards management can join the BBA course.