Betriebswirt/Betriebswirtin (Hochschule) für Unternehmensführung, Management

Media relevant to this profession includes BFuP - Betriebswirtschaftliche Forschung und Praxis, Der Betriebswirt, Ideen- und Innovationsmanagement, Industrieanzeiger, innovations-report, Journal of Business Economics, Journal of Management Control, MWonline - Managementwissen online, Organisationsberatung Supervision Coaching (OSC), PERSONALFÜHRUNG, RKW Magazin, SBUR Schmalenbach Journal of Business Research, WiSt - Wirtschaftswissenschaftliches Studium, and ZWF Zeitschrift für wirtschaftlichen Fabrikbetrieb.

Hyperautomation expands Robotic Process Automation (RPA) with intelligent automation solutions and Artificial Intelligence (AI). Companies analyze, design, measure, automate, simplify, and control their workflows using these technologies. Their goal is to increasingly support decision-making processes with AI. Specialists and managers examine how they can use hyperautomation in their areas of responsibility. Leasing collaborative robots (Cobots) is also a trend. Cobots support skilled workers in industry and improve both production speed and quality through automation. However, their acquisition can incur high costs, especially for small and medium-sized enterprises (SMEs). Leasing models provide a solution by reducing initial costs and facilitating access to technology. More and more providers are responding to the growing interest with appropriate offers.

The following interests are important and helpful for success in this Studium (university degree) profession. The interests are listed in order of their importance. Activities are mentioned for illustration for each interest area. Interest in commercial-organizational activities includes, for example, developing business ideas for company growth, managing internal cooperation between individual company departments, and determining financial needs in entrepreneurial planning. Interest in administrative-organizational activities covers, for example, documenting profitability and weakness analyses, and maintaining system structures such as planning, organization, or control systems.

Business administrators (university degree) and management specialists primarily work in offices and meeting rooms. Additionally, they may also work from home or remotely, as needed.

Core competencies acquired or deepened during the Studium (university degree) include: Business administration, bookkeeping, change management, controlling, purchasing, procurement, financing, financial management, commercial law, calculation, cost and performance accounting, management, marketing, human resources, project management, quality management, business consulting, and sales. Further competencies that may be significant for practicing this profession include: Department, division, resort management, business restructuring, business development management, corporate governance (CG), Corporate Sustainability Reporting Directive (CSRD), e-commerce, e-business, information and communication management, innovation management, investment planning, logistics, market research, materials management, public relations, auditing, statistics, tax law, sales, business informatics, and commercial law. The competence group 'Business administration, finance, and controlling software' is also relevant.

The progressive digitalization of the working and professional world can change task areas and requirement profiles. For business administrators (university degree) and management specialists, the opportunity may arise to deal with the following technologies, procedures, or systems: Augmented Analytics (e.g., using augmented analytics tools for automated risk analysis for financing plans), Business Intelligence - BI (e.g., making operational and strategic decisions with the help of automatically analyzed data and the insights gained therefrom), Business Process Management Systems - BPM Systems (e.g., contributing to the further development of software for analyzing and controlling business processes to increase efficiency), Compliance Management Systems - CMS (e.g., monitoring compliance with regulations and laws with the help of compliance management systems), Consent Management Platforms (e.g., legally compliant processing of customer and user data).

Business administrators for corporate management and leadership independently plan, organize, and control business processes. When leading a team, they motivate their employees and coordinate their collaboration. This requires strong communication skills and assertiveness, as well as negotiation skills in customer interactions. They apply their analytical and organizational abilities, for example, when evaluating business key figures or making business processes more effective. Foreign language skills and intercultural competencies are necessary, for instance, when dealing with business partners from other countries. They primarily work in an office setting but also travel for fieldwork, such as visiting branches, customers, and suppliers.

Business administrators for corporate management and leadership can become self-employed, for example, as management consultants. There is also the option to found or take over their own company.

Example gross basic monthly salary: 6,378 €. Source: Collective bargaining agreements collection of the Bavarian State Ministry for Family, Labor and Social Affairs. Please note: This information is for orientation only. No claims can be derived from it.

Construction, Architecture; Chemistry, Pharmacy, Plastics; Electrical Engineering, Electronics; Energy, Supply and Waste Management; Vehicle Manufacturing, Maintenance; Financial Services, Real Estate; Health, Social Services; Glass, Ceramics, Raw Material Processing; Trade; Wood, Furniture; Hotel, Restaurants, Tourism; IT, Software, Telecommunications; Management, Consulting, Law, Taxes; Media; Metal, Mechanical Engineering, Precision Mechanics, Optics; Food, Beverage Production; Paper, Printing; Raw Material Extraction, Processing; Textiles, Clothing, Leather; Transport, Traffic.

Those wishing to work in this profession typically need a completed undergraduate degree (grundständig) in corporate management or leadership. Leadership positions or specialized tasks usually require a master's degree (Masterstudium). Activities in science and research often require a doctorate (Promotion) or habilitation (Habilitation).

Corporate Management, Leadership (undergraduate); Corporate Management, Leadership (postgraduate)

Business economists specializing in corporate management and administration find employment in companies across almost all economic sectors.

Some characteristics of work and social behavior are relevant for all professions and are therefore not mentioned separately. These include: reliability, punctuality, honesty, ability to criticize, and appropriate manners. In addition, the following job-specific characteristics are required to practice this academic profession: willingness to perform and commit (e.g., readiness to actively and decisively take on commercial analysis, planning, and leadership tasks), perseverance / determination (e.g., planning long-term investment projects, sticking to implementation despite temporary setbacks or short-term changed priorities), diligence (e.g., accurately conducting profitability and weakness analyses), sense of responsibility and willingness to take responsibility (e.g., taking responsibility for the efficient and economic design of commercial processes in the company), decision-making ability (e.g., s).

Business economists specializing in corporate management and administration develop company goals and plan, lead, and control business activities.

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Bundesverband der Personalmanager e.V. (Federal Association of HR Managers), Bundesverband Deutscher Volks- und Betriebswirte e.V. (bdvb) (Federal Association of German Economists and Business Administrators), European Confederation of Executives and Managerial Staff, IW Institut der deutschen Wirtschaft Köln e.V. (IW German Economic Institute Cologne), ver.di - Vereinte Dienstleistungsgewerkschaft (United Services Union).

Responsibility for people (e.g., guiding, motivating, and leading employees), responsibility for material assets (e.g., being responsible for corporate investments), customer contact (e.g., looking after key accounts), screen work (e.g., carrying out analysis, conception, and planning tasks), office work (e.g., conducting employee appraisals).

Professionals in this field can work in various areas. These include business organization and planning (business planner, business analyst, expansion manager), purchasing and procurement (buyer, head of purchasing), finance and accounting (calculator, cost accountant, head of finance and accounting, head of cost accounting, investment manager), warehouse, materials management, and logistics (head of warehouse management, head of logistics, head of materials management, supply chain manager), teaching at universities (lecturer at universities and academies, study program coordinator), and management, corporate leadership (project manager, department head, commercial operations manager, business development manager, change manager, chief product officer).

Work tools and materials include documents such as profitability analyses, business plans, operational key figures, calculations, annual financial reports, process and organizational plans, contracts, statistics, and legal regulations (e.g., data protection regulations). Additionally, data management systems and software like planning and control systems, accounting and financial software, and office equipment such as PCs, internet access, and telephones are used.

Business economists for corporate leadership and management assist companies in economic decision-making processes. They develop competitive strategies and organize internal company procedures. For strategic business areas, they define framework concepts, develop business ideas, and design business plans. They introduce system structures to adapt structures, processes, and systems to the company's size. Furthermore, they calculate costs, analyze and plan processes in finance and accounting, and support management in decisions through profitability and weakness analyses.

Adaptive professional development helps to keep professional knowledge current and adapt it to new developments (e.g., in the areas of management, corporate leadership, planning and control, operational organization).

Bachelor graduates can expand their career opportunities through further Studium (advanced studies), for example, in the fields of corporate leadership, management, business administration, business administration, or management consulting. A doctorate (Promotion) is generally required for a scientific career at a university; an habilitation (postdoctoral qualification) is usually needed for appointment as a university professor. A doctorate may also facilitate access to higher professional positions in the private sector, in research, and in public administration.

Analysis and Conception: Identify the initial situation, analyze and evaluate economic and company activities. Analyze sales markets and forecast developments based on market research, define market-oriented sales planning. Contribute to the strategic positioning of the company. Analyze weaknesses and develop optimization concepts. Plan the integration of new concepts into internal and inter-company processes, e.g., consider sales cooperations, optimize automated production systems. Create business plans and conduct profitability analyses for projects, e.g., estimate timelines, budgets, goals. Create financing plans, define risks. Analyze, plan, and control processes in finance and accounting. Plan and manage production processes. Discuss concepts and adjust them if necessary. Implementation and Control: Accompany implementation processes, coordinate or supervise subtasks, monitor interim goals. System structures, for example...

The following additional employment alternatives are available for the profession of Business Administrator (Hochschule) for Corporate Management: Activities in the field of Management, Corporate Leadership; Business Administrator (Hochschule); Master of Business Administration; Economist; Idea and Innovation Manager; Administrative Business Administrator; Industrial Engineer. Commonalities: Planning, monitoring, and organizing operational processes; supporting economic decision-making processes; negotiating with business partners and customers. Note: The mentioned job alternatives may require a longer induction period or additional training.

What is it about? Business Administrators (Hochschule) for Corporate Management develop corporate goals and plan, lead, and control business activities. Preparing and making decisions: Does globalization offer untapped potential for one's own company? Is relocating production abroad interesting for the company? How can it be ensured that customers and prospective clients choose the company's products? Is it advisable to establish a new business area? Business Administrators (Hochschule) for Corporate Management know their company, the industry, and the (international) economic interdependencies in the relevant markets. They are familiar with the economic fundamentals, mechanisms, and problems of the economy, and they master the economic indices and instruments with which they can compare and assess economic developments.

The following abilities, knowledge, and skills are required for performing possible activities in this academic profession. Abilities: Numerical (calculative) thinking (e.g., determining financial needs in business planning; evaluating operational key figures); Memory (e.g., memory for numbers and people); Adaptability (e.g., quick and frequent switching between conceptual activities, employee and customer contact under time pressure); Commercial aptitude (e.g., developing business ideas and strategies that promise competitive advantages and company growth); Planning and organizational ability (e.g., organizing and controlling internal cooperation between individual company departments). Knowledge and Skills: Calculation skills (e.g., calculating the costs of production relocations).

The exercise of the profession may entail the following physical requirements. This information does not necessarily apply to every activity profile or every professional deployment possibility. Undisturbed speech ability (e.g., instructing employees and coordinating their cooperation); Near vision - even corrected (e.g., performing analysis, conception, and planning work on the computer); Hearing ability and speech comprehension (e.g., discussing concepts with affected specialist departments and decision-makers). Note: This information does not form a basis for legal action and is not to be understood in the sense of a medical fitness assessment. Actual physical fitness or unfitness must always be determined on a case-by-case basis and taking into account possible reasonable accommodations.

The following lists professions or activities that show similarities to the original profession. These professions represent a possible alternative for applicants who cannot find a vacant position in their learned profession. Furthermore, employers can consider specialists from these professions as alternatives for filling a job in the original profession. Some alternative professions only comprise partial activities of the original profession, others require an induction period, which can vary in length in individual cases. The following immediate employment and staffing alternatives are available for the profession of Business Administrator (Hochschule) for Corporate Management: Job and staffing alternatives for professional specializations (usually short induction period): Business Administrator (Hochschule) for Trade; Business Administrator (Hochschule) for Crafts Management; Business Administrator (Hochschule) for Industry; Business Administrator (Hochschule) for International.

The activity as a Business Administrator (Hochschule) for Corporate Management is not regulated. No professional recognition is necessary to work in this profession with a qualification acquired abroad. However, there is the possibility to apply for an individual certificate evaluation for foreign university degrees through the Central Office for Foreign Education (ZAB). This can be helpful for applications in the German labor market. Further information on living and working in Germany: Hotline Working and Living in Germany - central information hotline of the Federal Office for Migration and Refugees (BAMF) and the Federal Employment Agency (BA); For people from abroad - an information offer from the Federal Employment Agency; Central Foreign and Specialist Placement of the Federal Employment Agency; Make it in Germany - The welcome portal of the Skilled Workers Initiative for international skilled workers.

Certain health limitations could lead to problems when performing this profession. However, this information may not necessarily apply to every job profile or every professional application. Increasingly, there are also ways to compensate for limitations, for example, through technical aids. For instance, speech disorders or speech impediments could be problematic when instructing employees and coordinating their cooperation. Uncorrectable near vision impairment could be an obstacle when performing analysis, conceptual, and planning work on the computer. Hearing impairment, hard of hearing, deafness, hearing disorders, or chronic ear conditions could pose problems when discussing concepts with relevant departments and decision-makers. Please note that this information does not form a basis for legal action and should not be understood as a medical fitness assessment. Actual physical fitness or unfitness must always be assessed on a case-by-case basis and taking into account possible reasonable accommodations.

From an employer's perspective, the following alternatives are available for the profession of 'Business Administrator (Hochschule - University) for Corporate Management, Management': Positions in management and corporate leadership, Business Administrator (Hochschule - University), Master of Business Administration, and Economist. Common aspects of these professions include planning, monitoring, and organizing operational processes, supporting economic decision-making processes, and negotiating with business partners and customers. Please note that the mentioned alternatives may require an induction period, which can vary in length depending on the individual case.