Career Opportunities In Commercial Studies
There are various career opportunities available for people in the job market, but this book will look at different categories of careers opened to commercial students. This topic will provide useful information for school certificate holders, diploma certificate holders and degree holders about the various opportunities in the public, teaching and private sectors.
Career Opportunities In The Public Sector
There has been increase in quest for job placement in government establishments because of security and good fringe benefits. The salary has become more competitive with those paid by business organisations.
The Federal Government is the largest employer of labour in Nigeria. There are various categories of jobs available for graduates of polytechnics and universities. These include: Budget Analyst, Chief Executive Officer, Higher Executive Officer, Principal Executive Officer, Personnel Officer, Administrative Assistant, Purchasing Officer, Secretary, Director of Finance, Director of Administration, Accountant etc. School certificate holders also may work as Clerical Officers, Secretary Grade IV, Office Assistants, Drivers. Cleaners etc.
At the state and local government levels, career opportunities are abound for university graduates and diploma holders. They can serve as: health care workers, highway university managers, safety control officers, clerks, administrative officers, book keepers, accountants etc. Employees in the civii or public service are referred to as civil servants.
Career Opportunities In The Private Sector
A lot of clerical and management occupations are available in the private sector. These are categorised below as:
Marketing and Sales
Many people who have pursued and completed a course of study in commercial studies can be employed in different fields of marketing and sales such as, retailing, wholesaling, transportation, warehousing, communication and research industries.
Some of the posts available include:
- Research Assistants
- Research Supervisors and Directors
- Sales Analysts
- Advertising Client Service Executives
- Artists in Advertising Agency
- Sales Representatives.
Production and Materials Management
Job positions available under production management are:
- Trafiic Managers
- Inventory Officers
- Purchasing Agents
- Purchasing Officers and Managers
- Quality Control Analysts
- Industrial Designers
The environment and work in financial institutions in Nigeria have changed drastically in the last one and half decade. Many new jobs have been created in this area because of the tremendous increase in the number of financial institutions. The various job positions in the financial sector include:
- Bank Officers
- Loan Officers
- Trust Officers
- Investment Bankers
- Financial Analysts
- Treasury Officers
Management as a Profession
Management has become a profession and as a result it has become obvious that good management is very impmtant in all kinds of organisations.
There are many types of management positions and they are:
- Inventory Control Specialists
- Personnel Officers
- Management Trainees
- Middle Level Managers
- Top Level Managers
- Record and Statistics Officers
- Administration Officers
There are various clerical and executive positions in the insurance industry. For clerical jobs, the usual skills in typing and filing are essential. There are great opportunities for the following:
- Claim Examiners
- Claim Adjusters
Accounting and Management Information System
The demand for accountants is on the increase owing to the expansion of firms. A good accountant must be a logical thinker. Accounting is a rewarding and challenging profession which provides a great deal of job opportunities for accounting professionals as:
- Book Keepers
- Account Clerks
- Tax Consultants
- Financial Managers
- Credit Analyst
- Cost Accountants
- System Analysts
- Data Based Computer Operators
A rigorous background in mathematics is required to undertake a course of study in accounting and management information system.
Career Opportunities In The Teaching Profession
There are various opportunities available for people that major in business education in colleges of education, polytechnics and universities. These opportunities exist for education graduates as:
- Teachers in secondary schools
- Lecturers in polytechnics
- Lecturers in colleges of education
People can be employed as Master Grade I – II, Senior Teachers, Principals, Lecturer I – III, Associate Professors etc.
Requirements For Engagement In Commercial Field
(a) Basic Requirements for Unskilled Jobs
All unskilled jobs in the various categories listed above are resents for holders of first school leaving certificates (primary 6). e. g. messenger; office assistants etc.
(b) Basic Requirements for Semi-Skilled Jobs
Semi-skilled jobs such as clerical jobs in account. administration. in» surancet banking etc are reserved for holders of secondary school certificates and national diploma certificates. depending on grade level.
(c) Basic Requirements for Management Trainee, Top Management or Executive Level
Holders of first degree or Higher National Diploma (HND) are offered appointment for middle level management and holders of second degree for top management level. In the public service, a graduate is employed as grade level 08 officer.
(d) Commercial Courses
Graduates of the following professions are offered emplo} ment in ali the career opportunities explained above. depending on one‘s area of site cialisation. This could be:
- Actuarial Science
- Industrial Relations
- Personnel Management
- Public Administration
- Secretarial Administration
(e) Professional Examinations
In some the professrons listed above, there is need for higher professional examination to be taken so as to attain top management level in an organisation.
Some of the institutes conducting professional examinations are:
- Chartered institute of Bankers of Nigeria (CIBN)
- Institute of Chartered Accountants of Nigeria (lCAN)
- Nigerian institute of Marketing (NIMARK)
- Chartered institute of Taxation
- Nigerian institute of Management (NIM)
- Chartered institute of insurance
All graduates of commercial courses are eligible to sit for the examinalion of the various institutes listed above. Candidates must have a minimum of five credits, including English, Mathematics and Economics in O‘level examination.