Business Jobs in Big Tech

 


Business Jobs in Big Tech


What other jobs are there in the technology industry besides programming?

 

Big Tech Business Roles

When you think of a career at a major technology company, you probably think of software engineers. Software engineers are great at building products, but there's another side to big tech companies, especially the business side. This includes salespeople, financial analysts, marketers, and more who play a fundamental role in monetizing and growing successful technology companies.

For example, if you look at Google's job site, you'll find many engineering and technical positions, as well as non-technical positions such as business strategy, sales, and finance. 

Recently, there has been a significant increase in the number of business students looking to break into Big Tech. This is not surprising. If you look at the world's largest companies in terms of market value, four out of the five largest companies are technology companies, and this dynamic looks set to continue to grow.

 

Big Tech Benefits

Unlike prestigious traditional career paths for business students, such as management consulting or investment banking, working for a large technology company has several advantages.

• Favorable Hours: Big tech companies offer a more favorable work-life balance, with average work weeks of 50 to 60 hours.

• Improved hourly wages: In terms of compensation, management consulting and investment banking will always be higher in absolute terms, but when analyzed on a relative basis, large technology companies are likely to offer higher hourly rates.

• Other benefits: Other perks that tech companies typically offer include cool offices, no dress code, and free food.

 

Career Options

If you're majoring in business, finance, economics, or marketing, this article explores career options in various leading technology fields and learn more about what the first two years of your career are like I hope it's helpful. 

The top five jobs included are:

Account Management

Product Marketing

Business Strategy

Sales

Finance

 

1. Account Management

Account management roles typically take the form of account manager or account manager. This role oversees the day-to-day management of customer accounts. You typically receive a portfolio of customers grouped by region, product type, and size.

Example task:

As an account manager at Google France, you'll be responsible for helping clients who want to advertise on Google's French search engine rank higher on search results pages. These "customers" are typically businesses rather than individuals. In your role, you will meet with clients to make recommendations, ensure they are happy and provide support when needed. Overall, this is a very versatile role as it changes depending on the client's needs.

Possible Tasks:

• Explain a Product or Service

• Pitch a New Feature

• Resolve General Product Issues

Overall, you can become a salesperson, a technician, or a customer service expert depending on different scenarios. If you like interacting with people and are comfortable learning on the job while always adapting to new situations, this may be a good option for you.

Skill:

Communication is probably the most important skill in this position, as you will spend most of your day talking to customers. It also helps that you are a good negotiator and very organized, as you often have to juggle multiple tasks at once.

 

2. Product Marketing

Marketing is a role that requires creativity and an eye for business, but it's often seen as a good option for people who aren't very numbers savvy. However, this is not always the case. Marketing professionals, especially at technology companies, still have a lot of analytical work to do.

In other words, product marketing is the process of bringing a product to market and creating demand for it. This involves establishing your product's voice (i.e., the message you want to convey), ensuring that it is understood by sellers and customers, and ultimately driving growth in demand and usage of your product.

Possible Tasks:

• Conduct market research. This helps companies identify target markets, competition, pricing, etc.

• Create product messages. Marketers try to provide a simple and effective explanation of what a product does and what problem it solves.

• Measure the success of marketing campaigns. This may require tracking key performance indicators (KPIs) such as number of users, customer satisfaction, and conversion rates.

Skill:

Collaboration is a key skill in this role as you will be constantly interacting with sales, development and production teams. Management consulting experience is also helpful, allowing you to identify problems, measure them, and find solutions.

Finally, to persuade customers to use your product, you must be able to write and tell a story well. Landing a marketing job at a large technology company typically requires several years of experience in a field such as consulting or marketing.

 

3. Business Strategy

Corporate Strategy is a very vague title for a position that involves consulting type functions. In this career, you will have a very broad vision and make recommendations to surrounding teams such as marketing, finance, and engineering teams.

The good thing is that you can work on various projects within the company, interact with senior management, and potentially have a big impact on the future of the company. The disadvantage is that they are usually not responsible for the implementation of the strategy and do not tend to acquire expertise in a particular field.

However, if you don't know exactly what you like, this role can be interesting as it opens most doors and gives you access to different departments.

Possible Tasks:

• Product Monetization Strategy.

• Analysis of New Market Penetration.

• Present Ideas to Senior Management.

Skill:

Business strategists must be able to prepare and execute effective presentations. You also need to be able to back up your ideas with data. This helps companies make informed strategic decisions aimed at choosing the right path for their business.

 

4. Sales

Sales is a very important part of any business. A company may have the best product in the world, but if it doesn't sell, sooner or later it will go out of business. All in all, if you're a good salesperson, regardless of your industry, this is a very rewarding job. Every industry needs sales people, from supermarkets to sell food to hotels to sell rooms to technology companies to sell goods and services. 

In the tech industry, like most industries, every sale has a commission, and salespeople tend to make a lot of money here. Some of today's billionaires, like Mark Cuban, started out as technology salesmen, and we've reiterated how beneficial it is to be a good salesman. I know. Mark Cuban wrote a very interesting book on this topic called How to Win at Business Sports.

Possible Tasks:

• Identify customer needs and suggest useful solutions.

• Product or service packaging.

• Creating promotions for consumers.

• Answer general questions about our products and services.

Skill:

Soft skills are important for this job. Great salespeople are confident, trustworthy, and have effective communication skills.

 

5. Finance

Finance has a wide range of roles, from accounting to compliance to analyst. In this section, we take a closer look at the role of a financial analyst, who is typically part of a financial planning and analysis (FP&A) team.

Financial analysts are responsible for analyzing financial statements and predicting a company's future performance. When considering a role in the finance industry, there is usually a difference between working in an investment bank or in the finance team of a large technology company.

Comparison of Notable Big Technologies

• High Hourly Wage: Investment banking pay is a little higher, but analysts work there for much longer hours.

• Other Incentives for Large Technology Companies: Cool offices, free food, no dress code, and more.

Possible tasks:

• Forecasting Business Scenarios: Examples include the potential extension of coronavirus-related lockdowns, major political events, etc.

• Track Performance Metrics: This includes numbers such as revenue targets, cost rates, and key performance indicators.

• Approve Budget Allocations and Spending Requests: This includes decisions about how much money to allocate to different departments and how the company's productivity can be maximized with a limited budget.

Admittedly, this role can be very repetitive as you need to complete the same tasks every quarter. Potentially recurring tasks include creating quarterly reports, approving annual budgets, and more.

Skill:

Key skills include knowledge and ability to use spreadsheets and Excel, which will be your best friend in this role. Financial analysts also need a basic understanding of financial and accounting concepts.


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