May 24, 2018
The business field encompasses a broad range of possibilities for employment. Whether you're interested in working with an international organization or joining a small local startup, the skills you learn when pursuing a degree in business make you a versatile and vital employee. A business degree can create new opportunities in your current career or lead to new personal goals and career interests.
The courses of study within a business degree provide a strong foundation so you'll be well equipped no matter where your career path takes you. This versatility lends itself as a strength across diverse industries and can serve as a stepping stone to a world of new options you may not have considered before. To find your place moving forward, begin thinking about what type of careers may be out there for you:
Taking a look at business careers and why these positions are in demand and can help you plan for your future.
With a bachelor's degree you can become a human resources specialist and perform duties such as finding job applicants who will fit the company's needs. After 5 years of experience, you may be able to apply for higher responsibility human resource manager positions which, according to the Bureau of Labor Statistics (BLS), would move your salary up from around $59,000 a year to closer to $102,000 a year. Administrative service managers help make businesses run smoothly from the ground up and the BLS lists an average salary of $90,050 for this position in 2016.
In 2016, market research analysts with a bachelor's degree earned an average of $62,560 annually according to the BLS. Sales managers direct the sales teams within a business and oversee what steps a company takes after seeing results of analyzed data. According to the BLS, sales managers earned an average of just over $117,000.
With a business degree and a background in accounting, you'll be a vital component in making sure their company is running smoothly. The BLS reports showed accountants and auditors made around $68,000 a year in 2016 with a bachelor's degree.
This degree path also opens the door to learn investment finance and how you can work to help people plan for their financial goals. Financial analysts, a career requiring a bachelor's for entry-level positions, had an average salary reported by the BLS to have been $81,760. As a financial planner, you could help parents save money for their child's college education, advise people on how to plan for retirement or give classes on how to reduce debt.
If you look at your current career situation, you may find there's a way you could improve how your professional life will develop if you take the step to further your education.
A person with a bachelor's degree in public administration who finds themselves working alongside community managers may benefit from an MBA in Community Economic Development. For example, urban and regional planners enter the field with a master's degree. For 2016, the BLS reported a salary of just over $70,000 annually.
You may find that your previous educational background and professional experience paired with a business degree can give you an edge on the competition, improve your current performance or start you off in an entirely new direction.
There are many ways you can apply your business degree to non-profit organizations or work within the community. Non-profits, charities and community planners depend on the skills of accountants, financial advisors, marketing specialists and project managers to make sure everything within their organization is running efficiently as possible.
Whether you're building upon your current career, making a change or just starting out, what you can do with a business degree largely depends on what drives you to succeed.
Ashley Wallis is an Army veteran and writer with a BA in English Language and Literature from SNHU. She is currently living in the Denver area. Find her on twitter @AshDWallis.
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