What jobs can you get with a business degree? A business degree is an excellent method to acquire the numerous transferrable skills required to function in a company setting. You can take a variety of business degrees. The degree in business studies at the undergraduate level is among the most popular. Often a business studies degree covers subjects such as accounting, finance, management, and increased entrepreneurship. This wide range of issues reflects the multifaceted nature of business and the importance of understanding all the critical elements required to make a business successful.
Suppose you are looking to specialize in an area of the business world (e.g., economics or finance). If so, you might consider enrolling in a program specifically for it or earning a dual honors degree. (e.g., business and economics). Consider: The advantage of a joint degree is that you get general business skills and more specific ones, putting you in good stead when applying for graduate jobs.
What can you do with a business degree?
There are corporate business careers in every sector. All industries need strong leaders, managers, financial advisors, and market-savvy decision-makers. However, for many business graduates, traditional routes still have a strong appeal—careers in the banking and finance sectors, including consulting, HR, and marketing.
Suppose a straight corporate career fails to excite you. If so, a business school can provide you with the knowledge and abilities you need to launch your own company or fill executive positions in more creative areas like journalism or the fashion industry.
A business studies degree benefits opening up several entry-level positions following graduation and giving those who want to specialize further the opportunity to improve their return on investment with a graduate degree. Examples of postgraduate programs include Master of Management, Master of Finance, and (for those with some professional experience) Master of Business Administration (MBA).
What is a Business Degree?
A business degree teaches the theories of finance, marketing, management, and administration to prepare the student for the fast-paced, rapidly changing world of business. They also learned how to apply these theories to real-world problems.
At the graduate level, there is a wide range of business degree specializations to choose from. Options include:
- Human Resources
- Health management
- International Business
- Public administration
- Health Care Administration/Management
Most entry-level positions in business, from sports management to international trade, require only an undergraduate degree. Students in these programs learn best practices in the broader industry, such as healthcare workflows or renewable energy technology, and knowledge specific to the desired career path.
However, if you’re looking for a high-level leadership role, you’ll need a master’s degree or even a Ph.D. Getting an advanced degree late in your career can boost your current status.
What are the different types of business degrees?
You can choose from several business degrees to help you achieve your personal and professional goals.
Suppose you’re looking for a management job that requires a broad business background. In that case, a business administration degree can help position you for the role. Business Administration is a popular degree that can prepare you to manage a department within a business or organization.
It also enables you to focus on other company sectors. For instance, you may opt to add a concentration after earning your bachelor’s in business administration.
You can select from a variety of business administration degree tracks, including:
- International Business
- Management Information Systems (MIS)
- Organizational leadership
- project management
Suppose you already know what area of business you are most interested in. In that case, you can choose to major in that discipline. For example, suppose you want to become a certified public accountant (CPA). In that case, you might choose a degree in accounting instead of a degree in business administration with an accounting concentration.
Here are some other popular business degrees that lead to rewarding careers:
- Bachelor of Computer Information Systems
- Degree in Data Analytics
- Finance degree
- Marketing degree
- Bachelor of Operations Management
Which business degree has the most job opportunities?
No matter your business degree, you will be well positioned for employment. Below is a list of graduate business jobs by the specialty field.
Accounting involves more than reporting numbers and managing balance sheets. It is necessary to accurately say an organization’s financial activities and make sense of those numbers.
With an accounting degree or a business administration degree with a specialty in accounting, you can work in the following positions:
You may get an accounting career in all industries if you enjoy numbers and have an aptitude for computation. Accountants examine the financial accounts of a corporation. Examines accounting software—the monitoring of regulatory compliance and the investigation of cost- and revenue-saving measures. You may need more college credit before passing the CPA exam and becoming a registered CPA. Accountants made a median pay of $77,250 in 2021. The US Bureau of Labor Statistics (BLS) projects that the industry to expand by 7% through 2030.
Would you like to help businesses plan for the future? A budget analyst works with various organizations, including government agencies, private companies, and universities, to create budget reports and plans for their finances. According to the BLS, a budget analyst will earn a median salary of $79,950 in 2021. Job growth is expected to be 5% through 2030.
Finance experts analyze data to provide financial projections for a firm. They assess budgets and investments to assist firms in expanding and safeguarding their assets. Consider earning your bachelor’s in finance if you wish to become a Certified Financial Planner. For instance, the financial planning specialization in the finance degree at Southern New Hampshire University (SNHU) will help you pass the CFP® test.
With a degree in finance or a business administration degree with a specialty in finance, you can work in the following positions:
Financial analysts examine an organization’s financial data in-depth and utilize it to inform important choices that will influence present and future investments and expenditures. They will consider foreign investment prospects as global opportunities expand. Jobs for financial analysts project to grow 6% through 2030, and in 2021 they will earn a median salary of $91,580, according to the BLS.
Besides balancing the books, financial managers look at an organization’s financial health and help guide its future. They create financial reports, recommend investments, and organize economic activities to achieve long-term business goals. According to the BLS, financial managers often need a bachelor’s degree plus five or more years of experience in a different business or economic employment, such as an accountant, securities broker, or financial analyst. According to the BLS, the average yearly compensation for financial managers ranges from $70,830 to $208,000. Projected job growth for finance managers is 17% between 2020 and 2030, much more significant than the average for all occupations.
Personal financial advisers
Personal financial advisers assist clients in managing their finances and making retirement plans. Many personal financial advisors are self-employed or in the finance and insurance industry. The BLS reports that the median annual salary for personal financial advisors is between $44,100 – $208,000. The employment of personal financial advisors projects to grow by 5% through 2030.
Any company depends on its people to function. Making the most of your company’s human resources can enable you to boost output and income. At the same time, you can shape the corporate culture and help employees develop their careers.
Here are some human resources jobs you can get with a degree in business administration with a concentration in human resource management:
Human Resources Specialist
As an HR specialist, your job is to shape your organization’s future by recruiting and retaining employees. HR specialists may also develop and communicate company policies, mediate interpersonal conflicts, and manage employee benefits. According to the BLS, HR specialists earned a median salary of $62,290. Jobs for HR professionals predict to grow by 10% by 2030.
Training and Development Managers
Are you interested in helping people learn the skills they need to meet your organization’s needs better? Training and development managers create, manage, or coordinate an organization’s training and development activities and staff. According to the BLS, they earned a median annual salary of $120,130. The role expects to grow by 11% by 2030, faster than the average for all occupations.
Marketing, which combines commerce, art, and science, calls for experts who can create brands, organize marketing campaigns, and evaluate the effectiveness of such initiatives. The placement, pricing, and advertising of goods and services are also handled through marketing.
With a bachelor’s in marketing or a bachelor’s in business administration with a specialty in marketing, you can work in some of the following positions:
Marketing managers are in charge of creating websites, developing social media and email marketing plans, and evaluating marketing statistics. They assist in promoting an organization’s goods and services through print and digital campaigns. They collaborate closely with sales and product managers to assess market segmentation and price. The BLS estimates that the median wage for marketing managers is $135,030 and that the industry will expand by 10% by 2030.
Market research analysts
Market research analysts examine and forecast the performance of goods and services by analyzing the state of the market. They gather demographic, competitive, and market data to better position their firms for success. According to the BLS, market research analysts make a median pay of $63,920, and employment is expected to increase by 22% through 2030. exceeding the national average for all occupations by a substantial margin.
The day-to-day operations of a business are the responsibility of business managers and administrators. It comprises staff, profitability, and logistics. Excellent analytical, interpersonal, and decision-making abilities are some characteristics of a competent manager.
Following are a few positions you might obtain with a business administration degree:
Administrative services managers
Office managers are another name for administrative services managers. Managers of administrative services are responsible for both personnel and corporate activities. It may include managing a department or an organization as a whole. They also help organize leadership and implement projects. According to the BLS, administrative services managers earned a median salary of $99,290. Jobs for administrative services managers expect to grow by 9% through 2030.
The healthcare sector requires managers who can ensure the proper operation of clinical services and administrative divisions. With a focus on health care administration, you can find yourself in charge of a hospital department, a doctor’s office, or another medical facility. According to the BLS, physicians and health care managers earned a median salary of $101,340. Employment project to grow by 32% by 2030. All occupations are significantly faster than the national average.
Management Information Systems
Technology forms the backbone of many organizations. Management information systems professionals analyze the needs of a company, its employees, and its customers regarding information management, data processing, and applications for end users.
With a bachelor’s degree in information systems or a bachelor’s degree in business administration with a concentration in management information systems, you can be well-equipped to serve in:
Information Systems Manager
Business jobs that focus on technology continue to grow. Computer and information systems managers make decisions about technical training, purchasing, and coordination of information systems. According to the BLS, employment of computer and information systems managers project to grow 11% through 2030, faster than the average for all occupations.
Management consultants or analysts handle issues. They look at a company and utilize data to identify methods to save expenses and boost profitability. Based on feedback from the workforce and the information they gather, they offer suggestions on investments, organizational performance, or staffing. According to the BLS, management analysts had a median salary of $93,000. By 2030, employment in this industry is anticipated to increase by 14%. That is quicker than the national average for all jobs.
Businesses need reliable operations specialists to deliver goods and services to their clients, from supply chain management to inventory control.
With a degree in operations management or business administration with a focus on project management, you can work in some of the following positions:
Logisticians look at how all parts of an organization’s supply chain work together and analyze processes to achieve maximum efficiency. They typically work in the manufacturing, government, professional services, and wholesale sectors. Suppliers usually have a degree in logistics and supply chain management, business, or a related field. The median annual salary for providers is $77,030. Supply chain jobs are predicted to grow by 30% by 2030. Much faster than average for all professions.
Project Management Specialist
You might be able to succeed as a project manager if you have a keen eye for detail and excellent organizational abilities. On a project-by-project basis, experts in this position study and develop production schedules, deadlines, buying, personnel, and budgets for a good or service. According to the BLS, the median annual compensation for project management professionals was $94,500.
Skills for your CV
Studying for a business management degree allows you to develop a broad understanding of business organizations and subject-specific knowledge in marketing, customers, finance, operations, communications, information technology, and business policy and strategy. Business problems often solve at the European and international levels.
- You will gain many transferable skills in your course:
- An understanding of organizational behavior and structure
- Analytical and critical thinking
- A creative approach to problem-solving
- Decision making
- Persuasive written and oral communication
- Ability to research, interpret and use accounting and business and financial data
- Self-reliance, initiative, and ability to manage time, projects, and resources
- Understanding how economic and other external changes affect business and how it can.
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