Congratulations on completing your business degree! You are undoubtedly excited to start your career and enter the real business world. But it might be hard to decide which career path is best for you when countless options are available.
You might have several questions about what aspects to consider when choosing a career path. Or what skill and degree do you need to ensure you’re moving toward your professional objectives?
These are crucial questions because you want to pursue a career that keeps you motivated in your job, is challenging and satisfying, and allows growth.
The business world is full of intriguing opportunities for individuals with the right mindset and skill set. A business degree opens up various career choices, from sales to finance and marketing to human resources.
There has never been a better time to consider your options and carve out a niche in the industry because of how quickly the business world moves.
5 Career Options with A Business Degree
In this article, we will delve deeper into some of the most sought-after career options after getting a business degree.
1. Financial Analyst
Do you love crunching numbers and possess strong data-gathering and analysis skills? Then, pursuing a career as a financial analyst might be the ideal choice for you.
You will be essential to your organization’s decision-making process and interpret complex financial data.
Your day-to-day tasks will involve the following:
- Gathering and evaluating financial data and deriving insights from it
- Working closely with the finance team to review data and identify areas of improvement
- Presenting reports and findings to the senior management
- Staying up-to-date with the latest financial rules and legislation to ensure compliance
You must have a strong finance and accounting foundation and excellent time management, communication, and leadership skills to excel in this role.
To learn the necessary skills and gain relevant experience, we suggest enrolling in online business programs. With an online degree, you can study at your convenience while helping you save on transport costs.
Moreover, an online business degree may be ideal if you’re juggling a full-time job, have to take care of a family, or are just searching for a more flexible approach to completing your degree.
The Bureau of Labor Statistics (BLS) states that the average salary of a financial analyst is $95,570 per year, and the job outlook would grow by 9% from 2021 to 2031.
2. Sales Manager
In every business, regardless of the niche and size, generating profits and hitting revenue goals are challenging tasks. That is where the role of a sales manager comes into play.
These professionals lead a group of sales executives, examine sales data, formulate potential sales methods, and craft strategies to boost a firm’s sales.
Below are some of the everyday job responsibilities of a sales manager:
- Creating and implementing strategic sales targets and plans to achieve company objectives
- Examining market trends and sales data to find areas for expansion and development
- Cultivating healthy business relationships with important clients and partners
- Working in tandem with other departments, such as product development and marketing
BLS reports the typical salary for a sales manager is $127,490 annually. The skills of a successful sales manager include exceptional interpersonal, problem-solving, verbal, and written communication skills.
3. Human Resource Specialist
Organizations run smoother when employees are happy, motivated, and productive. So if you are passionate about managing the workforce, look no further than stepping into this field.
As the job title suggests, your primary responsibility will be to manage the organization’s workforce. It can include hiring potential candidates for the firm, organizing their onboarding process, looking into their salaries and benefits, resolving conflicts, and more.
You must develop and polish strong communication, team management, and problem-solving skills to excel in this career.
On a given day, your typical job duties as an HR specialist can include the following:
- Interviewing job candidates and recommending candidates for hire
- Managing employee benefit plans, including health insurance, pensions, and overtime payoff
- Determining the employees’ needs for training, developing training plans, and conducting training sessions
- Creating and updating HR policies and procedures to make sure they adhere to the relevant regulations and laws and are in line with the company’s objectives
According to the BLS, the median salary of an HR specialist is $62,292 annually.
4. Marketing Manager
Marketing managers are responsible for managing an organization’s marketing efforts. As a marketing manager, you will create and implement marketing programs to promote a business, its products, and its services.
Furthermore, a career as a marketing manager requires you to develop strong leadership, organizational, communication, and creativity skills.
A day in the life of a marketing manager can include the following job duties:
- Analyzing consumer and market trends through market research
- Setting up and overseeing marketing budgets
- Working together with sales teams to create sales strategy and achieving revenue goals
- Assessing the performance of marketing efforts and campaigns and making necessary adjustments to tactics
According to the BLS, a marketing manager’s average salary is $153,440 annually.
5. Business Analyst
A business analyst is a specialist who examines and analyzes an organization’s systems, procedures, and needs before recommending enhancements or modifications to meet organizational objectives.
Simply put, they identify business problems or challenges by conducting extensive research and acquiring technical and non-technical data. Further, they assist in offering solutions to their clients or businesses.
These professionals often have strong analytical, problem-solving, critical thinking, documentation, and communication skills.
As a business analyst, your typical job responsibilities can include the following:
- Assessing corporate processes, foreseeing needs, identifying opportunities for improvement, and putting ideas into practice
- Identifying problems, risks, and advantages of current and suggested solutions
- Presenting your ideas and strategies to management and members of cross-functional teams
According to Payscale, the average wage of a business analyst is $72,416 per year.
Thanks to a business degree, those looking for rewarding, lucrative, and successful careers have many options. Whether you’re interested in human resources, sales, marketing, or finance, you can easily pursue a business degree and choose a specialization.
We hope you learned something from this article; if we missed something, please tell us in the comments below.