Business programs make up the highest number of college graduates. The course is broad and teaches an array of skills. As a business major, your career can take many paths. Companies have a wide spectrum of roles that require a business degree. Of course, the positions available vary from one industry to another. Anyone planning to study business would like an idea of what the career options look like. An understanding of the best-paying jobs available for business graduates enables you to map out your career path and focus on sharpening specific skills. Here are some of the top positions for college graduates with business degrees.
You are going to the PSB Paris School of Business and wondering which course to specialize in. If you are interested in business administration, accounting, finance or economics, then financial management is a suitable choice. A financial manager helps organizations with their financial health. You would ensure that all the money matters are on track. The position makes you responsible for steering a company towards its short- and long-term financial goals. Some of your roles include directing investment activities, assisting the management team with critical financial decisions and looking for opportunities, depending on market trends. The average salary for a financial manager is $131,000 a year.
Would you like to help different businesses realize their potential? Then, a management consultant might be the position for you. In this role, you would assist enterprises grow profits by showing them how to increase revenue and lower costs. As a management analyst, you work with a wide range of clients, enabling you to transfer skills across different sectors. The job involves solving complex challenges. Hence, you should be an excellent problem solver. Examples of the duties this position comes with are evaluating company performance, reviewing financial data and recommending suitable changes. You could earn between $93,000 and $95,000 per annum as a management consultant.
A business graduate interested in marketing can become a marketing manager. You would be part of a company’s public relations or marketing team. This position involves a lot of teamwork. So, you require the necessary disposition to be part of a unit. Creativity and analytical skills are important for a marketing manager. Your biggest responsibility is to sell the brand to customers. Hence, you must be good at building connections with the media, developing marketing strategies and managing marketing budgets. Experience in public relations or sales is an added advantage when seeking this position. On average, marketing managers earn $130,000 – $135,000 annually.
With a bachelor’s degree in business administration, statistics or market research, you can secure an entry-level position as a research analyst. The job is all about studying and understanding the market. Before companies release products, they need to comprehend the trends on the ground. A research analyst provides these insights. You may work with marketing or sales teams to understand various aspects of a product. Other responsibilities include researching consumers and gathering customer data, evaluating competitors and predicting sales trends. You must excel in communication, problem-solving and math to succeed as a research analyst. The median yearly salary for a research analyst is $62,000.
Businesses need product managers to make their brands successful. Putting a new product on the market takes work. Understanding how effective the product will be for consumers is crucial, and that is the role that a product manager serves. You must comprehend the marketplace thoroughly to see how well a particular item or service will do. As a product manager, you must communicate with the sales and production teams at every step. Your role requires you to research customer sentiments about a product and recommend the required changes. The average salary for a product manager is $102,000 per year.
You can study business and go on to make a rewarding career in the not-for-profit sector. If you are passionate about causes and want to help charitable organizations meet their objectives, then you can work as a fundraiser. The duties of a fundraiser go beyond collecting funds. It involves analyzing donor behavior, organizing campaigns to gather donations and crafting compelling messages. You have to work with volunteers in different areas of a foundation and maybe even train some. Communication, analytical and leadership skills are must-haves for a fundraiser. This position could earn you about $60,000 a year.
Business graduates have a plethora of career choices, some with attractive salaries. Your course says a lot about where you land in the business world. So, pick it wisely to ensure you do something you love.
is a seasoned business writer and expert, specializing in delivering concise and insightful articles. With over a decade of experience in the corporate world, She brings a unique perspective to work, offering practical advice and actionable strategies to help entrepreneurs, executives, and professionals navigate the complexities of the business landscape. Her writing combines a deep understanding of industry trends with a passion for empowering readers to achieve success in their ventures.