What Makes A Business Administration Graduate Becomes?

Reporting to the head of Accounting and Financial (CFO) will be the following new positions: Director of Finance for Production and Operations, Director of Finance for Human Resources, Director of Finance for Marketing & Sales Director of Finance for Accounting and Finance and Director of Finance for Information Technology Systems.

The Chief Executive Officer is the senior manager who is responsible for overseeing the activities of an entire company. The CEO usually also holds a position on the board of directors, or also holds the title of president. All CEO's of publicly traded companies have a base salary of at least one million dollars. Plus they receive bonuses for their performance each year. A CEO flourishes when the company is doing well and should take a hit when the company is going down hill. These CEO's hold a large portion of the stock and that is why we have started seeing corporate scandals come about after the market has gone down. Employees of these companies receive stock options that are either put toward their retirement plan or taken from their salary (Swedberg). Corporate scandals have started to occur because of public companies and their greed for more capital by deceit and conflicts of interest.

Are you a team leader by nature? If you would rather lead than follow, a degree in business administration, an MBA or any of the degrees in organizational leadership are good choices for a career in administration. Business management is evolving with the technology that is used in operations today and managers coming into the field need to understand employee issues as well as the quarterly report. There are also options to work as a management consultant on organizational

The area that I chose to discuss under the CFO is the Director of Budgeting. The roles and responsibilities include handling the budget, and managing all expenditures and its limits, supervising staff, and analyzing profit goals, revenue, and expenses while complying the regulations of not only the company but the state and federal industry as well. Some additional methods of management that would fall under this area include directors of human resources. They work hand in hand with each other when it comes to making sure funds are available for new staff hiring, new functions of operations, employee medical and dental benefits, etc.

Chief Executives determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers. Judicial law clerks assist judges in court or by conducting research or preparing legal documents.

A CEO (Chief Executive Officer) signifies the superior ranking individual into any organization or further institutions, eventually accountable for making the administrative decisions. (Rouse)

As the Chief Operations Officer, you will be responsible for the daily operations of the organization. Being the second in command will set the standard for the company and work closely with all other department directors and managers to ensure all functions to include processes, training, and production meet the company standards. As a leader, you will provide the mission and vision of the company

- Ensuring that all relevant risk areas are considered including those emanating from the services of external providers and contractors;

Chief Financial Officer available once a week to compile and analyze daily production reports. Reports directly to COO.

Chief Financial Officer (CFO) is a job title for a manager is responsible for the corporation's accounting and financial structure and activities. The CFO usually reports to the CEO.

Executive directors have an obligation to act as financial stewards in managing and leading the organization to sustainability. Executive directors must ensure compliance with financial requirements and adherence to accounting principles. They are also responsible for ensuring fiscal responsibility and building public trust (Minnesota Council of Nonprofits, 2014). Leaders, including the board of directors have the obligation to ensure that financial resources accomplish their missions effectively and efficiently. With a team that includes a CFO or a Financial Manager, an Executive Director should have an effective business model that includes tax and reporting compliance, sound accounting policies, budgeting, monitoring and reporting, and long-term planning (Lu, 2011).

Chief information officer works with all other executives in the company and plan the Business and financial goals.

The Controller is often thought same as Chief Financial officer (CFO), but they both are different. Controller reports to CFO if the company has one. Otherwise, h/she reports to the President of the company. CFO reports to the Chief Executive Officer (CEO) or the President. Other accounting managers and accountants report to the controller. “A financial controller is an individual in a company that is the head of the accounting division within the company” (Wilkinson, 2013). He is fully responsible for company’s financial reporting. Some of the responsibilities of the financial controller are assisting with the annual audit, perform accounts payable and accounts

Like most multinational corporations, the shareholders own the company and they may also be the board of directors. A Chief Executive Officer (CEO) will be appointed to nominate and manage the operation of the company as a whole. A Chief Operating Officer (COO) will be managing the company’s day-to-day operations and reports them to CEO. The Chief Financial Officer (CFO) will be managing the finance and account together with the

1 Causes and Definition of Operational Risk 1.1 Introduction 1.2 Defi nition of Operational Risk 1.3 Characteristics and Importance of Operational Risk 1.4 Case Studies 2 Methods of Operational Risk Management 2.1 Introduction 2.2 Organizational Framework Conditions 2.2.1 Framework 2.2.2 Roles and Responsibilities 2.3 Step-by-Step Introduction of Operational Risk Management 2.3.1 Starting Point 2.3.2 Raising Awareness and Creating the Basis 2.3.3 Implementation 2.3.4 Enhancements and Ongoing Adaptation 2.3.5 Integration into Bank-Wide Capital Allocation and Risk Management 2.4 Operational Risk Management as a Cycle 2.5 Risk Identification and Assessment 2.5.1 Self-Assessment (Risk Inventory) 2.5.2 Loss Database 2.5.3 Business Process Analysis 2.5.4 Scenario Analysis 2.5.5 Key Risk Indicators (KRIs) 2.5.6 Quantification of Operational Risk 2.5.7 Exemplary Approaches to Calculating Regulatory Capital 2.6 Risk Treatment 2.6.1 Risk Avoidance 2.6.2 Risk Mitigation 2.6.3 Risk Sharing and Transfer 2.6.4 Risk Acceptance 2.7 Risk Control 2.8 Risk Reporting and the Role of Communication and Information 2.8.1 Communication and Information 2.8.2 Reporting 2.9 Company-wide Risk Management 2.10 Operational Risk Management in Smaller Banks 2.11 Operational Risk Management by Securities and Investment Firms in Austria 2.12 Principles for the Sound Management of Operational Risk 3 Specific Measures of Operational Risk Management 3.1 Systems: Infrastructure