Occupational Clusters in Business

Occupational clusters refers to groupings of careers that are similar based on required skills, knowledge, duties, education and working environments. Career exploration is often facilitated by identifying occupational clusters of interest. Career Cruising (login information can be found on the home page of the Career Centre's online system), an online career exploration tool, provides information on careers including: job descriptions, working conditions, education, career paths, related jobs, and interviews with professionals in the field.

Accounting

People in this cluster are involved in the design and implementation of accounting systems. They prepare and analyze financial reports for businesses, governments and other organizations and ensure that they conform to generally accepted accounting principles. The three main fields in which accountants are employed are: public accounting, private accounting and government.

Actuarial Science

Actuaries are business professionals who apply their knowledge of mathematics — particularly of probability, statistics and risk theory — to real-life financial problems involving future uncertainty. They evaluate the likelihood of future adverse events, design creative ways to reduce the likelihood and decrease the impact of adverse events that actually do occur.

Finance and Financial Services

Career opportunities in finance or financial Services are wide and varied, and can include roles in such areas as banking, corporate finance, investments and securities, financial planning, real estate, consumer lending and money management.

Human Resources

Human resources specialists help businesses and organizations manage their staff. Specific responsibilities may include recruitment and hiring, training and development, human resources administration, compensation and benefits and employee relations.

Insurance

The property and casualty insurance industry is one of the largest contributors to Canada's financial sector and an employer of more than 110,000 Canadians. Career opportunities in property and casualty insurance can include such roles as: Actuary, Appraiser, Broker, Claims Investigator, Loss Adjuster, Loss Control Specialist, Marketing Representative, Risk Manager and Underwriter.

Marketing & Advertising

Business professionals who work in marketing are involved in identifying and anticipating the needs of current and potential customers, finding solutions to fulfill those needs, developing a strategy to facilitate both an exchange between the organization they work for and its consumers, and a continued growth in consumer demand for its products/services. Key activities include market research, brand positioning/management, advertising, media planning, public relations, product pricing, merchandising and distribution, customer support, sales strategy and promotions and events.

Operations Management

Career opportunities in operations management involve the responsibility of ensuring that business operations are efficient with regard to resource usage and effective in terms of meeting client requirements. They can include roles in such areas as purchasing and procurement, distribution and logistics and program/project administration or management.

Sales

Careers in sales cross almost every industry and sector, including arts and culture, communications, education, finance, insurance, health, pharmaceuticals, natural resources, technology, sports and recreation, entertainment and media, manufacturing, travel and tourism, real estate and retail. Sales professionals' primary duties are to interest buyers and purchasing agents in their merchandise or services and to address clients' questions and concerns. Sales careers can include roles in areas such as: sales management, advertising, promotion and public relations, marketing research, product management, internet marketing and sales and industrial buying.