Having a business degree today can make one competitive in the corporate world. If you have strong leadership, communication, computer, math and problem solving skills, you can major in a business degree of your choice.
There are several business degrees offered by colleges and universities. Both campus and online classes are available to students.
Accounting – This concentration will allow students to learn about auditing, budgeting, managerial accounting, financial analysis and taxation, among others. Accounting graduates are some of the most in demand today. After earning this degree, you can choose to become a Certified Public Accountant (CPA), Certified Management Accountant (CMA) or Certified Internal Auditor (CIA).
Business Management – This degree can be pursued with other concentrations. Graduates can expect to work as managers in the different departments of an organization, whether private, public or non-profit. With experience and advanced degrees, they can eventually be promoted to higher positions.
Business Administration – This provides students with varied business skills particularly in the areas of communication, leadership and decision making. Practical experience that includes internships, projects and presentations is a major requirement for completion of this degree.
Finance – A degree in finance can help graduates land a job in both the public and private sector. They can work in varied positions such as a budget analyst, loan officer, investment banker, real estate professional, financial advisor and money market manager.
Marketing – This particular degree enables students to study the importance and process of advertising, creating marketing strategies, product development, pricing, promotion and consumer behavior. This can also be combined with business management.
Highest Paying Jobs for Business Majors
CEO – A chief executive officer has an average annual income of $160,440. This professional is in charge of monitoring business operations and holds the highest rank in the organization. Their main tasks include making important decisions and managing the vital aspects of the company. Their responsibility spans financing, human resources, marketing, sales, public relations, hiring employees and compliance with safety regulations.
Marketing manager – This professional earns $118,160 annually and is responsible for planning, organizing and promoting businesses. Marketing managers need to have strong analysis skills as they find ways to meet the advertising needs of customers. Among their specific tasks are in developing products, pricing and promoting them to gain profits and increase investments.
Agents and business manager – People who represent and manage artists, athletes and performers can earn an average of $101,220 each year. The work of an agent is focused on promoting their talents. As they’re the ones who negotiate for a contract on behalf of their clients, they also earn commissions.
Personal financial advisor – This position can provide a yearly income of $92,970. The main responsibility of a financial advisor is to help clients manage their finances whether for the short or long term. They guide people in their investments, retirement planning, insurance coverage and debt management.
Management analyst – This position has an earning potential of $82,920 every year. A management analyst plays a key role in solving the problems of an organization. The main responsibilities of this professional include researching, proposing and predicting the outcome of a particular action all in effort to improve the efficiency and profits of the company.
Financial Examiner – This professional can earn an average yearly income of about $78,180. His main responsibility is to ensure that the company complies with the laws and regulations particularly in relation to transactions that deal with investments, finances and real estate. Some of their vital tasks are to determine that company records are authentic and that all transactions are legitimate.
Human Resource Manager or Specialist – The Bureau of Labor Statistics considers this position as one of the top 10 highest paying jobs with a yearly income of $58,230. This professional is in charge of recruiting, teaching, motivating and retaining qualified employees. They are skilled in selecting, interviewing and hiring qualified job applicants who can contribute to the growth of the organization. They make sure that employees are efficient and are given the right compensation and other benefits.