The business field is a whole world of limitless opportunities! Individuals who decide to enter it will win the possibility of life learning and development, new job positions, and the opportunity to advance their careers constantly.
Despite the fact that it is possible to enter and succeed in the business area without a degree, a significant number of individuals choose to obtain a business degree to gain a safe and permanent place in the field. So, stay tuned to learn more!
Benefits of Earning a Business Degree
If you were wondering what to do with a business degree, we are here to list all the benefits. Students pursuing a business degree study key business disciplines such as marketing, finance, accounting, and Human resources. The degree also teaches students how to analyze data, create and implement business plans, and assess the efficiency of a company. A bachelor’s degree in business typically takes four years to complete, while an MBA requires an additional two years. Accelerated programs can provide a faster path to a degree, but they are frequently more difficult.
Gain leadership skills
When it comes to searching for jobs after graduation, a business degree will provide you with significant leadership qualities that set you apart from other applicants. A business degree will surely give you an advantage in this field by teaching you networking and management qualities that you should keep sharp and use when needed.
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Earning a higher degree in business can help professionals boost their earning potential and career options. Bachelor’s degree holders, for example, are qualified for entry-level positions such as operations research analyst and budget analyst. However, supervisory positions such as financial manager or marketing manager sometimes require a master’s degree in business.
Enjoy higher salaries
Undoubtedly, students who graduate with a bachelor’s in business earn higher-than-average salaries. The median salary for a career associated with business degrees is roughly $76,570. Even in the following years, the future of business degrees is very promising. Business and financial operations occupations are expected to grow by 8% during the next decade, adding 750,800 new jobs.
Business Degree: Job Outlook & Salaries
Among other benefits stated above, earning a business degree will open many new doors and allow you to advance in your career. A great number of occupations within the business field require a degree. In addition, many employers prefer candidates with a degree in business since it equips candidates with all the skills necessary to perform the job flawlessly. Below you can find a list of jobs with a business degree.
A business manager oversees the company’s general operations and ensures that all employees complete their jobs efficiently and accurately. Business managers must develop strategic solutions, analyze business opportunities for growth, assess team member performance, monitor the company’s expenses to meet budget goals, and implement techniques to increase revenue and profitability.
In the next decade, the employment of business managers is expected to grow by 6 percent and produce more than 150,600 job opportunities across the U.S. In addition, the average salary of a business manager in the USA is $93,924 per year or $45,16 per hour. When it comes to salaries in different locations, business manager wages are the highest in Washington, Connecticut, Oregon, California, and New York.
Operations managers are in charge of the organization’s principal business. Operations managers ensure that goods or services are produced at a low cost and handle people-related issues. They apply quality control techniques to ensure that the procedures in place achieve the required result. They are in charge of interviewing candidates, selecting those to recruit, and ensuring that those allocated to operations are appropriately educated.
The employment rate of operations managers is expected to grow by 8 percent and produce more than 247,100 job opportunities across the U.S during the next decade. In addition, the average salary of an operations manager in the USA is $74,893 per year or $36.01 per hour. Regarding salaries in different locations, operations manager wages are the highest in Alaska, Connecticut, Delaware, New York, and New Jersey.
A finance manager is responsible for overseeing a company’s financial system. Their responsibilities include:
- Managing the financial status of their organization.
- Developing cost estimates and budget goals.
- Enhancing financial strategies.
- Reducing costs.
- Analyzing market trends.
- Searching for potential partnerships.
- Presenting reports.
A finance manager must have strong analytical abilities and knowledge of accounting and financial industries since they are in charge of making the most significant suggestions for the organization’s growth.
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During the next decade, the employment rate of financial managers is expected to grow by 16 percent and produce more than 104,700 new job opportunities across the U.S. In addition, the average salary of a finance manager in the USA is $118,129 per year or $56.79 per hour. When it comes to salaries in different locations, finance manager wages are the highest in New York, Connecticut, Washington, Delaware, and New Jersey.
Business analysts are critical to the development of many businesses since they help with budgeting and market forecasting. Business analysts are in charge of interpreting business data and developing business solutions. Business analysts must be able to undertake several levels of analysis and construct a solid study. Once the study is completed, they give recommendations or provide strategic direction to decision-makers to assist the organization in becoming more sustainable and developing.
The employment rate of business analysts is expected to grow by 9 percent and produce more than 56,000 new job opportunities across the U.S during the next decade. In addition, the average salary of a business analyst in the USA is $80,312 per year or $38.61 per hour. The states with the highest business analyst salaries are Oregon, Nevada, Washington, and New Jersey.
Information security analysts
Information security analysts are mainly responsible for implementing security measures to protect an organization’s computer network and systems. They install firewalls and encrypt data flows to prevent business resources from being inappropriately accessed or utilized. Information security analysts should also provide computer security and information guarding training to all company employees.
In the next ten years, the employment rate of information security analysts is expected to grow by 33 percent and produce more than 16,300 new job opportunities across the U.S. Moreover, the average salary of an information security analyst in the USA is $97,209 per year or $46.74 per hour. Delaware, California, Maine, Massachusetts, and New York, are states that provide the highest information security analyst salaries.
Health service manager
A health services manager oversees a healthcare institution’s medical services and policies, ensuring that the medical team offers patients the highest quality care services. Health services managers are responsible for overseeing daily operations, resolving complaints, facilitating health initiatives, and training new employees. They manage departmental budgets and ensure that appropriate resources are available to support medical treatments.
In addition, a health services manager inspects the quality of medical tools and equipment and schedules regular maintenance to ensure efficiency and eliminate potential hazards and delays.
In the next decade, the employment rate of health service managers is expected to grow by 32 percent and produce more than 51,800 job opportunities across the U.S. In addition, the average salary of a health service manager in the USA is $93,693 per year or $45 per hour. Regarding salaries in different locations, business manager wages are the highest in Oregon, Massachusetts, Delaware, and New York.
So, suppose you’re thinking about entering the business world. In that case, it is a wise choice to obtain a degree in the field since it comes with a long list of advantages, ensuring you a new skill set, higher earning potential, and the constant possibility of advancing your career! Now that you’ve learned what jobs you can get with a business degree, seize the day!