Thinking of majoring in business? You’re in good company. According to CNBC, business is the most popular major in America, and it also happens to be one of the most common online degree options. If you’re still unsure how to apply your business degree, these five well-paying fields can create a path to success.
You want to pursue a profitable degree in business, but haven’t yet decided which career is right for you.You’re probably looking for a career that will bring you personal satisfaction, but you want to earn a comfortable living wage. These five careers — Marketing manager, financial manager, actuary, sales engineer, or financial analyst — fit the bill and can help you to achieve your goals. Read the full article to learn more.
Discover How Your Business Degree Can Lead You To a Successful and High-Paying Career.
Marketing Manager
Rest assured that if you see yourself going into marketing management as a career, you have a fairly promising future ahead of you. On average, these workers make about $132,000 a year. The highest-paid individuals earn well over $200,000.
As the job title might imply, marketing managers are in charge of planning marketing strategies for companies. You need business sense and an understanding human psychology for this profession, as it’s all about reaching people in the right way. A sense of creativity and excellent communication skills also help.
Financial Manager
Financial management is similar to marketing management in terms of wage — a successful career in this area can make you an average of $125,080 a year. Financial managers are usually responsible for the financial strategies of a company, including balancing the books, investing, and budgeting. If you enjoy working with numbers, this could be the job for you.
A quick note: financial managers are expected to be in high demand in the coming years. Gain enough experience in your field, and the next job opening could one day be yours.
Actuary
This career is ideal for people with a love for statistics and probability. Actuaries are usually well-paid, with a median yearly wage of $101,560. At work, they use math to calculate the probability of events. This is an important job within companies and organizations, especially when it comes to calculating financial risks.
Actuaries need a bachelor’s degree and special certification. This ensures they’re responsible and skilled enough to make good financial decisions — but hard work and experience pays off with a high wage.
Sales Engineer
Sales engineering is a complex career. Although you can become one with a degree in business, you also need to have experience with certain science and technical functions so you can sell products.
Like marketers, sales engineers focus on marketing campaigns, but they do so through the use and application of ordering, shipping, management, and marketing machines or tech.
Sales engineers must be skilled and smart. If you choose this career and stick with it, you can expect to be rewarded for your knowledge with a high average salary of over $98,000.
Financial Analyst
Financial analysts keep track of money flow within companies, and may also aid businesses in determining where to invest their money or grow. This job is expected to grow by 11 percent by 2026, and the median pay is about $84,300 per year.
Some financial managers start out as financial analysts, but that doesn’t mean being a financial analyst isn’t a rewarding career. If you enjoy finances, you can make a happy and satisfying career in this field.
There’s no shortage of careers when you have a degree in business. If you have strengths or a passion for any of these five job choices, you can prevail in both doing something you love and living a comfortable life.
