With all the changes in the world today, a bachelor’s degree in business will not only give you a shot in banking, but opportunities have greatly expanded for this, too. Individuals with a business degree can apply their skills to various industries, such as marketing, finance, government, and other fields.
There are varieties of jobs you may apply to with your business majors. A good example is a business analyst job which mostly requires more experience, but also rewarded with higher compensation. If you’re interested, click here for additional resources to know more about this career.
Top Ten Dream Business Careers
Listed below are the top ten best business careers that could make large sums of money and help you get ahead in life.
- Financial Advisors
Financial advisors work with individuals or institutions to assess and guide their financial needs and concerns. They’re responsible for helping their clients develop and achieve financial goals, such as the type of investment they must choose. They also explain tax laws regarding certain investments and help their clients in their financial decision-making. Primarily, they ensure their client’s financial security.
A bachelor’s degree in accounting, finance, business, or other related field is required for this position. Some employers may prefer those with previous work experience similar to this position. They must also have excellent verbal and written communication skills. Such skills will help financial advisors work well with diverse people.
- Financial Analyst
A financial analyst studies microeconomic factors, marketplace trends, and demographics to help the company make investments. Financial analysts also act as advisors for the company to secure stocks and bonds. An analyst must fully grasp the company’s resources and how current and future investments affect the company both in short-term and long-term growth. They must provide information and make recommendations to the people responsible for the company’s decision-making.
One must have at least a bachelor’s degree in finance, business, or other related fields. Having experience in this role and a good track record are sought by employers.
Many employers would require you to obtain the CFA charter for senior-level positions if you want to remain in the financial analyst sector.
- Portfolio Manager
The primary responsibility of a portfolio manager is to handle investments. Similar to financial advisors, their clients differ from individuals to businesses. However, unlike financial advisors who give out opinions and suggestions on which decisions to invest in, portfolio managers act on their processed analyses for their client’s risk and investment and act on that information to manage assets. Portfolio managers adjust the initial strategies of the fund to maintain or improve its performance.
To qualify for this position, aside from having a bachelor’s degree in business, one must obtain a certification as certified financial advisors.
- Accounting Directors
Accounting directors are responsible for leading and supervising the company’s accounting efforts. They handle a variety of financial and supervisory tasks. Though an office-based career, an accounting director is also responsible for supervising, training, and overseeing other accountants’ works. They’re basically the head of the accounting team that keeps track of and audits the company’s financial data. They’re also expected to attend meetings with other departments to gather data, present information and analysis, and suggest recommendations.
The minimal requirement for this position is a degree in accounting. Other conditions such as years of experience in related roles may vary according to the companies’ needs. Being a Certified Public Accountant would considerably up your chances for this position.
For entry-level, there are still many in-demand careers waiting for people with accounting specialties.
- Corporate Controller
A corporate controller’s primary task is to develop and coordinate an organization’s financial and accounting functions. These functions include budgeting, billings, accounts payable, and receivable, and many more functions. They also incorporate management duties as they collaborate with different departments in the company. They ensure that reports are accurate and conform to financial policies.
Educational background related to the field of finance and management is required for this career. Skills in computers, communication devices, and financial software is a must.
- Payroll Managers
A payroll manager’s role is to manage and supervise payroll processes for a company and its staff. They handle the process of necessary documents such as timesheets, pay computations, etc. They answer any question concerning timekeeping and payroll within the company and the staff. Skills needed in this field are organizational and proficient knowledge in office programs. They work closely with the human resources department and collaborate with other staff.
- Human Resources Managers
The duties of HR managers are to strengthen, motivate, and instruct an organization’s most valuable resource—its employees. Simply put, they take care of the employees and ensure the best for the human talent and skills they use for the company. They’re also responsible for the retention compensation of the employees.
Human resources managers must be able to handle incentive and benefits programs for the people in the company.
- Marketing Managers
The primary responsibilities of marketing managers are to organize, plan, and promote a company’s business according to the analysis of data from the company, competitor, and customer. They also determine and assess the demand for the company’s products and services. They come up with ideas and ways on how to increase the profits of the company. This career requires excellent advertising and public relations skills.
Auditors check the accuracy and validity of business records and transactions. They attest to the accuracy of financial documents in an organization. They testify the honesty of a form.
Unlike other previous careers, auditors may be self-employed or hired by a company. They can also work with the government. A bachelor’s degree in accounting is the minimum requirement for this job. However, obtaining a master’s degree in accounting makes one more sought after by companies.
- Pricing Analysts
Pricing analysts determine the best target price for businesses by studying pricing. They act as consultants for the company. They evaluate the industry’s competition and standards and identify the best strategies to help the company know the best time and price to place a new product or concept in the marketplace. However, they don’t focus not only on the selling price but also on the cost to develop and produce a product.
The listed business jobs are only some of the opportunities available for those who seek to establish a stable career in life. Despite the variety of careers, one can only succeed in life if they’re willing to put in the hard work required for success.