Over 72 percent of all businesses in the country aim to hire personnel with a business degree, according to the National Association of Colleges and Employers’ Job Outlook 2017 Report.
A business degree is one of the most popular degrees at any university. What can you do with a business degree, though? What kind of employment could you be able to get with your degree? The answer is that it depends on your objectives and the type of degree you pursue.
We will look at a few questions to get answers to the question about jobs a business degree can fetch you:
- What is a business degree?
- Why should you think of earning a business degree?
- What are some of those Jobs or Careers that require a business degree?
What Is A Business Degree?
A business degree teaches financial, marketing, management, and administration ideas, as well as how to apply these theories to real-world situations, to prepare students for the fast-paced, ever-changing business world.
There are many business degree specializations available at the bachelor’s level. Among the possibilities are:
- Human Resources
- Healthcare Management
- International Business
- Public Administration
- Healthcare Administration/Management
Many entry-level roles in business simply require an undergraduate degree, ranging from sports management to international business. Students in these programs study broad industry best practices and specialized knowledge in areas such as healthcare processes and renewable energy technology.
If you want to work in a higher-level leadership position, you’ll probably require a master’s degree, if not a PhD. Earning an advanced degree later in your career might cause a raise in your present wage.
Why Should You Think Of Earning A Business Degree?
“A college graduate will earn a median $1 million more than a high school graduate over his or her lifetime,” according to a 2014 Georgetown University study quoted by Forbes. “Completing a law, business, or other professional degree adds another $1.3 million to that figure.”
Adding a business degree to your resume will almost certainly result in a higher pay, regardless of whether you are a fresh graduate or a seasoned professional in your area. However, earning a business degree isn’t the sole benefit. It can help you advance in your profession in a variety of ways:
- To get a promotion, you must level up.
- Create a group of people who share your interests.
- Set goals for wage increases and meet them.
- Develop abilities for a different job in your field.
- Boost your existing work efficiency.
- Transitioning to a new job
- Take a more holistic approach to strategy and operations.
- Improve your leadership skills for your company.
What Are Some Of Those Jobs Or Careers That Require A Business Degree?
Here are nine growing business occupations and degree programs that can help you prepare for them if you’re a forward-thinking business degree seeker.
1. International Management Analyst
Management analysts examine a company’s relationships with its overseas partners and look for solutions to address problems and improve operations.
- $82,450 is the average salary.
- They expect 115,200 new jobs between 2016 and 2026.
- 14 percent projected growth
- International Business B.S. or International Finance B.S. are business degrees they recommend.
The demand for understanding international laws, finance, and tax regulations will continue to grow as business becomes more global.
They prepare international business graduates to confront the world as management analysts or consultants after understanding foreign risk assessment, the influence of globalization, and culturally sensitive communication.
2. Renewable Energy Technology Managers
Managers of renewable energy technologies apply their understanding of energy technology and engineering to improve energy efficiency and design for a more sustainable future.
- $73,750 is the average salary.
- 16-24 percent projected growth (for all wind and solar power jobs)
- Renewable Energy Technology Management, B.S., is a recommended business degree.
Jobs in the green energy area are growing rapidly as renewable energy sources such as wind and solar become more desired and cost-effective than coal and natural gas.
Working in this industry is an excellent opportunity to contribute to the effort to reduce our carbon footprint.
3. Information Systems Manager
You will define and direct a company’s information technology goals as an information systems manager.
- $139,220 is the average salary.
- They expect 44,200 new jobs between 2016 and 2026.
- 12 percent increase in job creation
- B.S. in Information Technology Management is a recommended business degree.
As commercial computer networks become more complicated, demand for these jobs is expanding dramatically.
For individuals who want more freedom, the salary and benefits are substantially above average, and there are often chances to work remotely in this profession.
4. Financial Examiner
To identify a variety of white-collar crimes, forensic accountants combine their accounting and finance expertise with investigative skills.
- $81,690 is the average salary.
- They expect 5,100 new jobs between 2016 and 2026.
- They forecast 10-percentage-point growth.
Private accounting firms and banks frequently employ financial examiners, and the FBI or CIA. This position will be in high demand for many years to come due to changing and rising financial rules.
5. Healthcare Business Analyst
At hospitals, clinics, and nursing homes, healthcare business analysts apply their crucial knowledge of financial management and healthcare workflow to identify problems and possibilities for improvement.
- $81,3200 is the average salary.
- New Job Creation Expected (2016-2026)
- 14 percent projected growth.
- B.S. in Healthcare Management is a recommended business degree.
Over the next 40 years, they expect the healthcare business to grow at a breakneck pace, and a degree in healthcare administration is a terrific way to keep up.
These executives evaluate potential development opportunities and propose novel approaches to addressing critical concerns and improving performance.
6. Emergency Management Director
If you want to work as a police officer, firefighter, or other emergency responders, or if you’re already working in one of these sectors, a degree in public safety administration is a good choice.
- $72,760 is the average salary.
- New Jobs Expected (2016-2026)
- They expect the growth to be 8%.
- B.S. in Public Safety Management & Leadership is a recommended business degree.
A public safety management and leadership degree focus on public policy and administration, equipping you for a leadership job as an emergency management director.
They require outside labor to prepare for and respond to natural disasters and other catastrophes, and you’ll have the satisfaction of knowing you’re helping to keep the country protected.
7. Health Information Technician
Health information technicians assist healthcare institutions in managing, using, and safeguarding patient and corporate data. These positions are in high demand in the United States.
- $39,180 is the average salary.
- They expect 27,800 new jobs between 2016 and 2026.
- They expect growth to be 13%.
- B.S. in Health Information Management is a recommended business degree.
Health information technologists are in charge of confidential medical information. They are to code data under security and privacy rules while also ensuring that it is available to individuals.
Technicians frequently collaborate with clinical databases and registries to help organizations improve their quality of care and provide a better patient experience.
8. Logistics Manager
Within a supply chain, a Logistics Manager is to oversee the acquisition and distribution of supplies or goods. This position is essential for keeping the operation on track (and on a budget).
- $74,590 is the average salary.
- They expect growth to be 7%.
- B.S. in Operations & Supply Chain Management is a recommended business degree.
Transportation, warehousing, and stock control are just a few of the sectors that logistics managers supervise.
They will frequently spend a significant amount of time visiting various points throughout the supply chain. Logistics managers are critical to a company’s supply chain efficiency, which has a significant impact on profitability.
9. High School Business
High school business teachers (teach introductory business courses such as business operations, marketing, and management).
- $59,170 is the average salary.
- They expect 76,800 new jobs between 2016 and 2026 for all high school teachers.
- They expect growth to be 8% for all high school teachers.
- B.S. in Business Education is a recommended business degree.
Consider pursuing a business education degree if you enjoy interacting with students and learning about business principles.
This degree will prepare you to teach business principles to 9th-12th grade students in a fun and engaging way.
A degree will assist you in developing instructional tools for teaching business to the next generation of business executives.
- Business Degree Jobs Near Me
There are quite a few jobs which require a business degree. You can get some of these jobs by searching online or contacting recruitment agencies.
- High-paying Jobs With A Bachelor’s Degree In Business
Some of the highest paying jobs with a bachelor’s degree in business are:
- Chief investment officer (CIO)
- Chief accounting officer (CAO)
- Partner, accounting firm.
- Tax director.
- Vice president (VP), finance.
- Director, financial planning and analysis.
- Internal audit director.
- Chief financial officer (CFO)
- Business Administration Degree
You can get a business administration degree at several levels, each of which advances and expands skills, information, and concepts as it advances.
Frequently Asked Questions (FAQs)
A Business Administration degree gives you the ability to gain a broad variety of knowledge in a wide range of business prospects or vocations.
While, students with a Business Management Degree have the option of obtaining a business foundation and then focusing on one of several business sectors, such as marketing, human resource management, agriculture, finance, or hospitality management.
It’s not that important. A master’s degree in business administration can make you more marketable to future companies and help you succeed in the workplace.
A business administration degree can help you achieve your job goals, whether you want to start a new career or advance in your current one.
No, you don’t. From a young age, many people dream of starting their own business. These individuals are frequently innovators who are unconcerned with the conventional norms and limits that come with working in a corporate atmosphere.
Absolutely! Business degrees/majors are the most common among college students, according to the National Center for Education Statistics.
Business degrees are in high demand, and with good reason. With so many options, selecting a program that matches your interests and skillset while also providing good financial incentives is possible.