24 Business and Administration Professionals
Business and administration professionals perform analytical, conceptual and practical tasks to provide services in financial matters, human resource development, public relations, marketing and sales in the technical, medical, information and communications technology areas; and conduct reviews of organizational structures, methods and systems as well as quantitative analyses of information affecting investment programmes. Competent performance in most occupations in this sub-major group requires skills at the fourth ISCO skill level. Tasks performed by workers in this sub-major group usually include: collecting, analysing and interpreting information on the financial viability, cost structures and trading effectiveness of organizations; conducting audits, preparing financial statements and controlling treasury systems for organizations; developing and reviewing financial plans and strategies, executing buy and sell orders, and negotiating the purchase and sale of commodities; developing, implementing and evaluating staff recruitment, training and development programmes; researching, developing and implementing marketing and public relations campaigns; studying and developing methods and policies to improve and promote government and business operations and effectiveness; acquiring and updating knowledge of employers’ and competitors’ goods and services, and of market conditions; assessing customers’ needs and explaining and demonstrating goods and services to them. Occupations in this sub-major group are classified into the following minor group: 241 Finance Professionals 242 Administration Professionals 243 Sales, Marketing and Public Relations Professionals.
Where 24 sits in the ISCO-08 hierarchy
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- >>24 Business and Administration Professionals
Subcategories of 24 Business and Administration Professionals
- 241Finance Professionals
Finance professionals plan, develop, organize, administer, invest, manage and conduct quantitative analyses of either financial accounting systems or funds for individuals, establishments and public or private institutions. Tasks performed usually include: preparing and organizing financial statements for an organization; reviewing financial materials of an organization; providing financial advice to individuals and organizations; preparing analytic reports concerning segments of the economy and the economy as a whole. Occupations in this minor group are classified into the following unit groups: 2411 Accountants 2412 Financial and Investment Advisers 2413 Financial Analysts.
- 242Administration Professionals
Administration professionals apply various concepts and theories related to improving the effectiveness of organizations and the individuals within the organization. Tasks performed usually include: evaluating the structure of organizations and suggesting areas of improvement; ensuring that the operational activities of an organization are consistent with the policy objectives of the organization; recruiting, training, developing and counselling personnel within an organization. Occupations in this minor group are classified into the following unit groups: 2421 Management and Organization Analysts 2422 Policy Administration Professionals 2423 Personnel and Careers Professionals 2424 Training and Staff Development Professionals.
- 243Sales, Marketing and Public Relations Professionals
Sales, marketing and public relations professionals plan, develop, coordinate and implement programmes of information dissemination to promote organizations, goods and services; and represent companies in selling a range of technical, industrial, medical, pharmaceutical and ICT goods and services. Tasks performed usually include: commissioning and undertaking market research, analysing the findings and planning advertising, marketing and public relations activities; supporting business growth and development through the preparation and execution of marketing objectives, policies and programmes; planning and organizing publicity campaigns; appraising and selecting material submitted by writers, photographers, illustrators and others to create favourable publicity; acquiring and updating knowledge of employers’ and competitors’ goods and services, and of market conditions; assessing customers’ needs and explaining and demonstrating goods and services to them; visiting regular and prospective client businesses to establish and act on marketing opportunities; quoting and negotiating prices and credit terms, and completing contracts. Occupations in this minor group are classified into the following unit groups: 2431 Advertising and Marketing Professionals 2432 Public Relations Professionals 2433 Technical and Medical Sales Professionals (excluding ICT) 2434 Information and Communications Technology Sales Professionals.
Other ISCO-08 codes under 24 Business and Administration Professionals
Frequently asked questions
- What is ISCO-08 24?
- ISCO-08 24 is "Business and Administration Professionals". Business and administration professionals perform analytical, conceptual and practical tasks to provide services in financial matters, human resource development, public relations, marketing and sales in the technical, medical, information and communications technology areas; and conduct reviews of organizational structures, methods and systems as well as quantitative analyses of information affecting investment programmes. Competent performance in most occupations in this sub-major group requires skills at the fourth ISCO skill level. Tasks performed by workers in this sub-major group usually include: collecting, analysing and interpreting information on the financial viability, cost structures and trading effectiveness of organizations; conducting audits, preparing financial statements and controlling treasury systems for organizations; developing and reviewing financial plans and strategies, executing buy and sell orders, and negotiating the purchase and sale of commodities; developing, implementing and evaluating staff recruitment, training and development programmes; researching, developing and implementing marketing and public relations campaigns; studying and developing methods and policies to improve and promote government and business operations and effectiveness; acquiring and updating knowledge of employers’ and competitors’ goods and services, and of market conditions; assessing customers’ needs and explaining and demonstrating goods and services to them. Occupations in this sub-major group are classified into the following minor group: 241 Finance Professionals 242 Administration Professionals 243 Sales, Marketing and Public Relations Professionals.
- What does ISCO-08 24 include?
- 24 Business and Administration Professionals contains 3 direct subcategories: 241 Finance Professionals; 242 Administration Professionals; 243 Sales, Marketing and Public Relations Professionals.
- What is the parent category of 24?
- 24 Business and Administration Professionals sits under 24 Business and Administration Professionals in the ISCO-08 hierarchy.
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