Explore the abm strand:

Accountancy and Business management

ABOUT abm

The Accountancy, Business, and Management (ABM) Strand in Senior High School emphasizes skills and knowledge relevant to the fields of business, finance, and entrepreneurship. This section provides an overview of the ABM strand, its objectives, and its focus on preparing students for careers in accounting, business administration, and related fields.

Qualifications for abm

Personality: Ideal for students with strong organizational skills, leadership qualities, and a knack for problem-solving. Traits like attention to detail, strategic thinking, and good decision-making are beneficial.

Skills: Essential skills include numeracy, critical thinking, communication, and an understanding of economic principles. Proficiency in mathematics and analytical abilities is advantageous.

Abilities: Students pursuing the ABM strand benefit from a natural inclination towards entrepreneurship, financial literacy, and an interest in business processes and management strategies.

College Courses

Aligned for abm Strand

accounting

marketing management

economics

business administration

financial management

entrepreneurship

Aligned Careers
for accountancy and business management (abm)

Accountant

Average Monthly Salary in the Philippines:
The average salary for an accountant is ₱28,513 per month in Philippines.

Demand:
The Philippines needs more accountants. Although there are currently about 200,000 Certified Public Accountants (CPAs) in the nation, there is a significant need for more of them. Due to their role in economic growth, more accountants are currently required by a large number of companies and agencies.

Business Administrator

Average Monthly Salary in the Philippines:
The average salary for a business administrator is ₱309,997 per year in Philippines.

Demand:
A business degree has been one of the most sought-after degrees in the Philippines over the years. Graduates in business administration have many career options in the corporate sector. Many BS BA graduates work in sales, management, accounting, marketing, or business development. It's also typical for people to enroll in an MBA program in order to strengthen their resumes and get into teaching or work for international corporations.

Marketing Manager

Average Monthly Salary in the Philippines:
The average salary for a marketing manager is ₱37,960 per month in Philippines.

Demand:
Marketing Manager is included in business courses that remain to have the most high paying jobs with most in-demand status. Gaining access to several opportunities is possible with a business degree. Locally, it can lead to a successful career in any of the hundreds of companies around the nation.

Finance Manager

Average Monthly Salary in the Philippines:
The average salary for a finance manager is ₱47,179 per month in Philippines.

Demand:
The demand for professionals with expertise in financial management is consistent, as companies require individuals who can optimize financial resources, mitigate risks, and contribute to overall business sustainability. Financial managers play a crucial role in guiding organizations through economic challenges and ensuring sound financial practices. This expertise is sought after in various industries, from corporate finance to investment banking, underscoring the enduring demand for financial management professionals.

Economist

Average Monthly Salary in the Philippines:
The average salary for an economist is ₱524,067 per year in Philippines.

Demand:
The demand for economists is significant, with opportunities in various sectors such as government, finance, academia, and research institutions. Economists play a key role in shaping policies, analyzing market dynamics, and providing insights into economic challenges. The versatility of an economics degree allows individuals to pursue diverse career paths, contributing to its enduring demand in the job market.

Entrepreneurs

Average Monthly Salary in the Philippines:
The typical monthly salary for entrepreneurs in the Philippines is approximately ₱20,372, but this figure varies based on factors such as industry, business size, and overall success. It's difficult to pinpoint an exact amount as entrepreneurial incomes can fluctuate significantly. Unlike traditional employment, many entrepreneurs don't receive a fixed monthly salary; instead, their earnings are dependent on the profits generated by their businesses.

Demand:
The demand for entrepreneurship skills is growing, driven by a global emphasis on innovation and economic development. It is also fueled by a supportive ecosystem of investors, mentors, and resources aimed at fostering startup success. Entrepreneurs contribute to job creation, economic growth, and societal progress.