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Newcastle College Business 1

Careers in

Business

People in these occupations work in business administration and management, finance, marketing, sales, and legal services.


They can work in a variety of roles. Such as to manage organisations and operations, formulate business strategies, and consult on policy. Prepare and record accounts of financial dealings within businesses or conduct market research, create advertising content, sell goods, services, or property, and provide customer support.

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Take a closer look at our Business courses

What can I do with a qualification in Business?

Daily tasks:

  • Conducts investigations and advises management on financial aspects of productivity, stock holding, sales, new products, etc.
  • Prepares periodic accounts, budgetary reviews and financial forecasts.
  • Liaises with management and other professionals to compile budgets and other costs.
  • Evaluates financial information for management purposes.
  • Conducts financial investigations concerning insolvency, fraud, possible mergers, etc..
  • Prepares tax returns, advises on tax problems and contests disputed claim before tax official.
  • Audits accounts and book-keeping records.
  • Prepares financial documents and reports for management, shareholders, statutory or other bodies.
  • Plans and oversees implementation of accountancy system and policies.

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Median Salary

£42,429 View more

Daily tasks:

  • Monitors accounting systems to determine accounts are being maintained effectively and provides information on accounting practices to auditors.
  • Ensures invoices and payments are correct and sent out on time.
  • Liaises with clients to ensure that payments are made on time and credit limits are not exceeded.
  • Produces, collates and reports financial information for managers.
  • Maintains profit and loss accounts, budgets, cash flow forecasts and other accounting records.

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Median Salary

£45,980 View more

Daily tasks:

  • Stays abreast of and ensures adherence to relevant legislation regarding tendering and procurement procedures.
  • Researches and identifies new products and suppliers.
  • Interviews suppliers.
  • Arranges for quality checks of incoming goods and ensures suppliers deliver on time.
  • Negotiates prices and contracts with suppliers and draws up contract documents.
  • Devises purchasing policies, decides on whether orders should be put out to tender and evaluates suppliers.
  • Determines what goods, services and equipment need to be sourced.

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Newcastle College Business 12

Median Salary

£50,372 View more

Daily tasks:

  • Assesses and advises on factors affecting business performance.
  • Determines staffing levels appropriate for accounting activities.
  • Plans external and internal audit programmes, arranges for the collection and analysis of accounting, budgetary and related information, and manages the company.
  • Participates in the formulation of strategic and long-term business plans, assesses the implications for the organisation financial mechanisms and oversees their implementation.

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Newcastle College Business 2

Median Salary

£63,487 View more

Daily tasks:

  • Stays abreast of relevant legislation, considers its impact on the organisation.
  • Considers alternative work procedures to improve productivity.
  • Examines and reports on company and departmental structures, chains of command, information flows, etc. and evaluates efficiency of existing operations.
  • Develops and administers salary, health and safety and promotion policies.
  • Undertakes industrial relations negotiations with employees.
  • Provides or arranges for provision of training courses.
  • Oversees the monitoring of employee performance and career development needs.
  • Oversees the preparation of job descriptions, drafts advertisements and interviews candidates.
  • Determines staffing needs.

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Newcastle College Business 11

Median Salary

£50,210 View more

Daily tasks:

  • Examines quality of merchandise and ensures that effective use is made of advertising and display facilities.
  • Authorises payment for supplies received and decides on vending price, discount rates and credit terms.
  • Oversees the maintenance of financial and other records and controls security arrangements for the premises.
  • Ensures customer complaints and queries regarding sales and service are appropriately handled.
  • Ensures that adequate reserves of merchandise are held and that stock keeping is carried out efficiently.
  • Liaises with other staff to provide information about merchandise, special promotions etc. to customers.
  • Appoints staff, assigns tasks and monitors and reviews staff performance.

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Median Salary

£27,635 View more

Daily tasks:

  • Reports regularly on progress to the client or to senior managers.
  • Ensures that each stage of the project is progressing on time, on budget and to the right quality standards.
  • Negotiates with contractors and suppliers for materials and services.
  • Selects and leads a project team.
  • Draws up a detailed plan for how to achieve each stage of the project.
  • Agrees timescales, costs and resources needed.
  • Finds out what the client or company wants to achieve.

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Median Salary

£52,130 View more

What can I do with a qualification in Business?

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