You’re thinking it’s finally time to go back to school to get your business management degree. But there’s a lot of talk about how over-saturated the market is with college grads. Chatter is one thing but statistics don’t lie.
According to recent income stats, the salary gap between college graduates and non-graduates reached an all-time high in 2013. Bachelor’s degree holders earned 98 percent more per hour than those without a degree. That equates to nearly twice the paycheck!*
Even with the favorable stats, going back to school can be daunting. You want to be sure you land a job you enjoy but you’re still not entirely sure what you want to do. This uncertainty might cause you to second-guess your decision to return to the classroom.
The good news is that earning a business management degree isn’t going to tie you down to one job for the rest of your life. There are a variety of career options open to you once you have the proper knowledge and training under your belt.
Top jobs you can pursue with a business management degree
Earning your business management degree will open numerous doors for you after graduation. Take a look at the chart below to see the top ten jobs for business management degree holders.**
Quick job breakdown
Now that you’re familiar with the options available to you, take a moment to learn a little more about each position. If there’s at least more than one position that piques your interest, then you know you don’t necessarily have to commit to a career before earning your degree. You have the freedom to learn first and then make a more educated career choice.
1. Business analyst
Business analysts work to interpret a company’s needs through use of analytical tools such as interviews, document analysis, surveys, site visits, business process descriptions and more.
2. Financial analyst
Financial analysts assess the performance of financial investments such as stocks and bonds in order to provide sound guidance to businesses and individuals.
3. Sales trainee
Sales trainees generally focus on building relationships with current and prospective customers. Whether their work is primarily on the phone, at trade shows or networking events, trainees will likely learn the ropes of their respective company under the supervision of senior staff.
Accountants prepare and examine financial records to ensure they are accurate, that taxes are paid correctly and in a timely manner and that the organization is running efficiently.
5. Account manager
In layman’s terms, an account manager is a liaison between the company and its clients. They work to ensure the client is heard, taken care of and in complete understanding of the products or services.
6. Human resources manager
Human resources managers oversee recruiting, interviewing, hiring and the training of new staff. They serve as the connective tissue between the organization’s management and staff.
7. Sales manager
Sales managers oversee and direct sales teams by setting goals, analyzing data and developing their respective team through training programs and group initiatives.
8. Marketing manager
Marketing managers plan programs and campaigns to generate interest in their product or service. They may oversee a team of marketing professionals and often times collaborate with graphic designers, sales agents and financial staff members.
9. Sales support
Sales support professionals typically undertake the administrative and office management side of the sales process. This includes fielding phone calls, setting appointments or managing a customer database, among other duties.
Sales representatives sell goods or services for their respective organization. They contact customers, explain product or service features and answer any questions current or prospective customers may have.
Now you’re aware of the variety of jobs for individuals with a business management degree. You can rest easy knowing it will not lock you in to a single career path! You know the lucrative lifestyle of which you’ve always dreamed is yours for the taking once you’re equipped with that college degree.
What’s better than unlocking the opportunity available to you as a college degree holder? Getting there faster and for less. If you already have an associate’s degree, learn more about our Flex Choice degree options!
*Salary data represents national, averaged earnings for the occupations listed and includes workers at all levels of education and experience. This data does not represent starting salaries and employment conditions in your area may vary.
**Source: Burning-Glass.com (analysis of job postings requiring a major in business administration and management, Jul 04, 2013 - Jul 03, 2014)