Business Degree – In the U.S., there are around 218,798 businesses that are ten years old, according to Statista, while there are more than 1.07 million businesses less than a year old in 2022. The fact that even after the Covid-19 pandemic, businesses are flourishing shows that the world can’t survive without it. If you are a college graduate with a business degree, you’ll be happy to know plenty of jobs out there for you. Moreover, if you are a graduate looking for an internship, a part-time job, or a permanent contract, you’ll find the playing field huge. So, let’s see what kind of jobs you can get right after graduation.

Why are Business Degrees in Demand?

Your degree is highly versatile due to the curriculum usually included in business degree programs. If you haven’t gotten around to choosing your subject for your college, then here are some convincing reasons to select this lucrative but versatile degree:

1. Degree holders easily get inducted into almost all levels and aspects of the business, including customer service, operations, human resources, finance, and strategic development.
2. They are among the highest-paid professions in the world.
3. Except for some, most get involved in jobs with less physical labour and more in-office environment work.
4. Depending on your major and specialization, you get some of the best perks on the job, including paid leaves, vacation time, work-life balance, health insurance, housing, a company car, retail discounts, a laptop, and more.

But, like in any field, you have to work hard, carve a career path with dedication, and invest in skills to augment your scope on the job.

Common Jobs for College Graduates with Business Degrees

So, now that you are here, let’s explore the jobs available for college graduates in this field.

These are some of the salary ranges according to BLS.gov that you can expect:

• General Business Manager (median salary $112,000 per annum) –handles all business-related operational activities, business development, human resources, customer service, and more.
• Financial Analyst ($92,000 per annum)—oversees the financial flow, investment, and projection of a company’s financial health.
• Accounting Executive ($79,000 per annum)—responsible for the recording, tabulation, budgeting, and financial statements derived from the income and expenses of a business.
• Human Resource Manager ($129,000 annually)—involved in sourcing, hiring, inducting, and allocating human resources.
• Advertising & Marketing Manager ($118,000 per annum)—responsible for the marketing strategy, brand development and advertising budgets, campaigns, and launch of products and services of the business.
• Sales Manager ($129,000 per annum)—responsible for the sales lifecycle, including sourcing clients, pursuing, and closing sales to bring in revenue for the company.

With a bit of time invested in training, and depending on your skill sets, you can get any of the above jobs with a business degree from college. However, if you are ambitious and inclined towards specialization, the scope of getting a job in your chosen field differs.

Job Specializations within Business

As today’s businesses improve and innovate to adapt to the needs of consumers, specialized fields have emerged that offer higher demand and promising career prospects for college graduates from business schools. For example, according to BLS.gov, the following are emerging as the highest-paying jobs for those with a business degree:

Medical and Health Managers (median salary of $101,340 annually) are in high demand with a 32% growth rate. They manage health and medical centres, from patient management to people and healthcare businesses.

Information Security Analysts (median salary $102,600) have a growth rate of 33 per cent; are in demand due to the growth of information technologies and the value of information used in organizations, large and small. Specializing in data, network, and information system security, they are the gatekeepers of information.

Market Research Analysts (median salary $63,000 per annum) are required by businesses to understand, project, and plan to attract the target audience. With a growth rate of 22 per cent, the scope of this job is high due to the complexities in today’s market, target consumer behaviours and regulations.

Facilities & Sports Management Specialists (median salary $99,290) specialize in managing sports businesses such as facilities, events, athletes, funding, marketing, and public relations. Those interested in entering the sports industry will be happy to know that this type of job has a growth rate of 15 per cent.

Notable Mentions: Some other jobs that are emerging as high demand and have good prospects for those with business degrees include entrepreneurship, supply chain management, business intelligence, financial controllers, and corporate lawyers.

Skills Needed for Business Jobs

Now that you know the kind of jobs you want right after college, it’s time to evaluate the skills required to help you stand out as the best candidate. It would be best to start honing these skills early on because you will need them for the interview and to perform on the job.

Communication skills: You will need written and verbal communication skills regardless of the work you do. A quite accountant must have expert communication skills to present statements and budgets and communicate with other departments.

Data Tabulation and Analytical Skills: Most offices today require you to go through a host of numbers and data and process them into meaningful information for the organization and business managers to make timely decisions.

Leadership skills: This is a given; you must have leadership skills to stand out from all your colleagues and get promoted to the next level on the job. However, leadership skills are also required for leading teams, managing business, and making an impact in your business niche.

Networking skills: This is one of the most important skills that will help you grow and expand your business and climb the career ladder. You will need it to secure more clients and customers, attract investors, and source more people for your organization.

Wrap up

There you have it—these are some of the in-demand jobs you can get if you hold a college degree in business. Regardless of your major, with a business college degree, you have more chances to secure a job and adapt within the organization that you work with. This is why more graduates and even more business schools are growing in demand today. Have you decided yet which job you plan to get?

Disclaimer – The views expressed in this blog are those of a third party and do not reflect the views and opinions of the SecureMyScholarship team.