The ABM (Accountancy, Business, and Management) strand is one of the most popular choices for senior high school students in the Philippines aiming for careers in business, finance, and management.
In the 2019-2020 academic year, more than 11% of the 3.2 million students in the Philippines were enrolled in this strand of the K-12 Senior High School Academic track, as reported by the Department of Education.
With the potential for high-earning roles in dynamic industries, the ABM strand offers students a pathway to some of the highest paying jobs in the Philippines and even abroad.
This article explores what the ABM strand offers, its advantages, the types of job opportunities available for ABM graduates, and details on the highest paying jobs in ABM strand that you should know about.
What is the ABM Strand?
The ABM strand is a specialized track in the K-12 curriculum that focuses on the principles and practices of accounting, business, and management. It provides senior high school students with foundational knowledge and skills that prepare them for careers in various fields, such as finance, marketing, human resources, and entrepreneurship.
In ABM, students learn about financial management, organizational behavior, marketing strategies, and economic principles, which are vital for success in the business world. This track also covers essential skills like communication, problem-solving, and decision-making, all of which are critical in corporate settings.
Advantages of the ABM Strand
Enrolling in the ABM strand has several advantages, especially for students aspiring to work in finance or business. Here’s a closer look at why ABM can be an excellent choice:
Career Flexibility
ABM graduates have versatile career options, ranging from accounting and finance to marketing and human resources.
High Earning Potential
Many of the highest paying jobs in ABM strand are in industries that offer competitive salaries, making this strand financially rewarding.
Preparedness for College Programs
The ABM strand builds a strong foundation for courses in business administration, accountancy, marketing, and other related college programs.
Entrepreneurial Skills
ABM students acquire entrepreneurial skills that can help them start their own businesses, empowering them to become job creators rather than just job seekers.
These benefits position ABM students for success in the business world, whether they pursue higher education or join the workforce immediately after graduation.
For those interested in pursuing the ABM strand, OED Senior High School offers an accessible online SHS program that caters to students’ unique educational needs.
Job Opportunities for ABM Strand Graduates
ABM graduates have a wide range of career options, each with distinct responsibilities and earning potential. Whether students are interested in becoming accountants, business managers, or marketers, the ABM strand equips them with the skills to succeed in their chosen fields.
Here are some common job opportunities for ABM graduates:
- Accountant: Manages financial records and ensures accurate reporting.
- Financial Analyst: Analyzes financial data to help companies make informed investment decisions.
- Marketing Specialist: Develops and executes marketing strategies to promote products or services.
- Human Resources Officer: Manages recruitment, employee relations, and performance management.
- Entrepreneur: Starts and manages a business, taking on the risks and rewards of business ownership.
Many of these careers offer opportunities for advancement, leading to some of the highest paying job opportunities for ABM strand graduates. Let’s take a closer look at some of the most lucrative roles available to ABM graduates and their potential earnings.
Highest Paying Jobs in ABM Strand
With a diverse range of high-paying roles available, graduates can leverage their skills and knowledge to achieve significant financial success. Here are some of the highest-paying ABM jobs:
Marketing Director
Marketing directors are responsible for developing and leading the marketing strategies of an organization. They manage campaigns, analyze market trends, and ensure that the company’s brand is well-positioned in the market.
Many marketing directors start their careers as marketing specialists or coordinators, and ABM graduates can advance to this role through experience and strong performance.
The average monthly salary range for a marketing director in the Philippines is ₱145,000 to ₱165,000.
Human Resources Director
HR Directors play a crucial role in managing the human resources department, which includes responsibilities such as recruitment, employee relations, and training. They are essential for fostering a positive work environment and developing company policies.
Many HR Directors start their careers as HR officers or specialists and gradually advance to higher-level positions over time.
The average salary for an HR Director in the Philippines is approximately ₱85,354 per month, with some sources indicating that salaries can reach as high as ₱175,000 to ₱185,000 for more experienced directors.
Corporate Lawyer
For ABM graduates who are interested in pursuing a career in law, the path involves obtaining a law degree after completing senior high school and specializing in corporate law.
In this role, corporate lawyers manage legal matters for businesses, which include handling contracts, mergers, acquisitions, and ensuring compliance with regulations. They provide essential legal advice to safeguard the company’s interests.
The average monthly salary for corporate lawyers ranges from approximately ₱59,197 to ₱135,417
Chief Financial Officer (CFO)
The Chief Financial Officer (CFO) is responsible for overseeing a company’s financial activities, which include budgeting, forecasting, and financial reporting. This role helps shape the financial strategy of the organization, and CFOs often work closely with the CEO and other executives.
Many CFOs begin their careers as accountants or financial analysts before advancing to more senior positions.
The average monthly salary of a CFO is around ₱62,121, with higher estimates reaching around ₱92,000.
Financial Manager
Financial managers oversee the financial health of an organization by creating financial reports, directing investment activities, and developing strategies to achieve long-term financial goals. Typically, financial analysts and accountants gain experience in their respective fields before transitioning into financial management roles.
The average salary range for financial managers is approximately ₱65,000 to ₱75,000 per month.
Operations Manager
Operations managers are responsible for ensuring that day-to-day business operations run smoothly. They oversee production, manage staff, and work to improve efficiency within the organization.
According to Jobstreet, the average salary range for an operations manager is between ₱68,000 and ₱78,000 per month.
Certified Public Accountant (CPA)
Certified Public Accountants (CPAs) perform essential accounting duties, including auditing, tax preparation, and financial consulting. They may work for accounting firms, corporations, or operate as independent practitioners.
To become a CPA, candidates must pass the CPA licensure exam, which makes this designation one of the most respected roles for ABM graduates.
In the Philippines, the average monthly salary for a CPA is approximately ₱39,937; however, this figure can vary based on factors such as experience, location, and the specific employer.
Entry-level CPAs can expect to earn around ₱25,000 to ₱30,000 per month. As they gain experience, salaries can rise significantly, often reaching ₱50,000 to ₱70,000 or more, particularly in larger firms or specialized roles.
Investment Banker
Investment bankers play a crucial role in assisting companies with raising capital through the issuance of stocks or bonds and providing financial advisory services for mergers and acquisitions.
Many individuals pursuing a career in this field, particularly those who have studied Accountancy, Business, and Management (ABM), often begin their careers as analysts in banks or financial institutions and gradually advance to the role of investment banker over time.
The average monthly salary for investment bankers ranges from approximately ₱35,000 to ₱100,000.
Real Estate Broker
Real estate brokers facilitate property sales and rentals, earning commissions on successful transactions while also providing valuable advice on property investment.
Graduates often begin their careers as real estate agents and, with experience and the necessary licensure, can progress to become brokers.
The average salary range for real estate brokers is between ₱50,000 and ₱60,000 per month, plus commissions.
Entrepreneur
Entrepreneurs are responsible for starting and managing their own businesses, with earnings that depend on the nature and success of their ventures, which can be substantial over time.
These high-paying opportunities in entrepreneurship offer a diverse range of options for students seeking to leverage their ABM education for financial success.
The average monthly salary for an entrepreneur in the Philippines is approximately ₱44,412, although this figure can vary significantly based on the type of business, location, and individual success.
These positions highlight the potential for significant income within the scope of the highest paying jobs in ABM, making it an attractive pathway for students.
How to Maximize Earning Potential with an ABM Background
ABM students can maximize their earning potential by taking specific steps to build their skills and experience:
Pursue Higher Education or Certifications
Many high-paying roles, such as CPA or corporate lawyer, require additional education and licensure. Investing in higher education can lead to more opportunities and higher salaries.
Gain Experience
Starting in entry-level roles and gaining experience can lead to career advancement and higher pay. Internships or entry-level positions in reputable companies are great ways to start.
Build a Professional Network
Networking can open doors to job opportunities and mentorships that support career growth.
Consider Online Learning
For those who want to continue studying while working, online K-12 programs can provide flexible learning solutions.
Invest in Your Future with an ABM Strand from OED SHS
For students and parents considering the ABM strand, the benefits are clear: a broad range of career opportunities, high earning potential, and a pathway to success in various industries.
By choosing an online SHS program through OED Senior High School, students can gain the foundational knowledge and skills needed to succeed in these high-paying roles while enjoying the flexibility of online learning.
It also opens doors to some of the highest paying job opportunities for ABM strand graduates, making it an excellent choice for students interested in business, finance, and management.
Take the first step toward a rewarding career by enrolling in OED Senior High School’s ABM strand and start building a future filled with possibilities.
