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What Can You Do with a Business Degree?


What Can You Do With a Business Degree?


If you are currently thinking about earning a degree in business, you might be wondering what career paths you can take.

Where will a degree in business take you?

The sky is the limit. A business degree is highly versatile, and it can lead to many different possibilities. Let's take a look at a few of the many careers you can pursue as a business school graduate.

 

Accountant

Many businesses all across the nation employ accountants to keep track of their financial records. These business professionals are responsible for the accurate recording of all financial transactions a company makes. Accountants also take care of payroll, paying taxes, complying with laws and regulations, suggesting ways to reduce costs, auditing, and many other things that companies can't do without.

Accountants can be found working in many different places. Just a few examples include businesses of all sizes, non-profit organizations, accounting firms, government agencies, and others. Accountants can even be found working at some places you might not have thought of, like the FBI and CIA. These organizations use forensic accountants to investigate financial criminal activity.


Financial Planner

Many people turn to financial planners to help them prepare for retirement. Financial planners create retirement plans for each individual or couple to help them grow a financial nest egg so they won't have to worry about money in their golden years.


Investment Manager

Investment managers are responsible for overseeing money entrusted to them by clients. They invest the money in stocks, bonds, precious metals, real estate trusts, and other financial investments to increase the value of the portfolio over time.

Business Manager

Operations management is one of the most common career paths business majors take. Managers make critical decisions in companies of all sizes to ensure everything runs smoothly.

Just a few things business managers take care of include interviewing and hiring new employees, training employees, coaching existing employees to improve performance, firing employees, conducting performance evaluations, goal setting, and others.


Entrepreneur

Many business school graduates decide to take the leap and strike out on their own as business owners. As an entrepreneur, you will be your own boss. You will be calling all of the shots and making all of the decisions in your company.

As an employee, the amount of money you can make is usually capped at a certain amount. It usually doesn't matter how many hours you work or how hard you work, you are usually paid a salary. It may also be possible to earn more with bonuses.

As a business owner, however, your earnings potential is essentially unlimited. If you work hard and make good business decisions, six and seven-figure annual earnings is a very real possibility. As a business owner, you can start very small and slowly grow your business over time.

 

Marketing and Advertising

A marketing professional works to build a company's brand awareness. She gets the word out about the company and its products through various advertising channels including television, internet, print media, radio, and in many other ways.

Many companies have their own marketing departments, but marketing professionals can also be found working for marketing firms. Those who specialize in marketing are in big demand because companies know the work they do is vitally important in maximizing sales revenue.

 

Sales Representative


Many companies use sales representatives to introduce their products and services to individuals and businesses. Sales representatives sell just about everything you can imagine including software, pharmaceuticals, insurance, aircraft, healthcare products and services, and many other things.

Most sales representatives operate on commission. Depending on the industry, some sales representatives earn six-figure incomes.

 

Human Resources Manager

Many companies have human resources departments that take care of all issues pertaining to their workforce. Human resources managers are responsible for many things including recruiting new employees, taking care of administrative tasks, ensuring the workplace is both safe and pleasant, and handling employee disputes.

 

Business Analyst

Many companies use business analysts to identify opportunities for improvement. They also design and implement business systems, solve various business problems, and create and implement policies and procedures that are designed to improve operations and processes. These business professionals are primarily employed by medium and large companies.

 

Project Manager

Project managers are used by many different companies to design, implement, and see projects to completion. A few common employers of project managers include companies involved in engineering, construction, and architecture.

 

Actuary

Actuaries are an important component of the insurance industry. These business professionals are responsible for evaluating data to measure risk. For example, when someone applies for life insurance coverage, an actuary will examine the data to see if it makes good business sense to approve that person for coverage.

 

Supply Chain Manager

Have you ever been shopping for groceries and wondered how a store can sell fresh strawberries in February? If so, you can thank a supply chain manager for sourcing all of that fresh produce from various places around the globe where the weather is currently suitable for growing crops.

Supply chain managers oversee the logistics of procuring products, equipment, raw materials, and other things a company needs. In addition to sourcing, these business professionals are also responsible for making sure everything they order arrives exactly when it's needed.

 

Real Estate Broker

Real estate brokers represent buyers and sellers of homes, land, and commercial property. When a broker lists a property for sale, it works on behalf of the seller to market and sell the property for the highest price. And brokers also show properties to prospective buyers. As a buyer's agent, brokers try to get their clients the best prices possible.

 

A Degree with Many Possibilities

As you can see, there are many career paths you can take with a degree in business. This list doesn't even include all of the potential careers. It just scratches the surface of what's possible.

A degree in business can really take you places. It's one of the most versatile college degrees there is. As a business school graduate, you will be armed with a credential that is in-demand and lucrative.

Have you wondered whether studying business is worthwhile? Does it lead to a host of career options? Will you use what you studied in other areas of your life? We thought you did, which is we have all the answers here. Go through them before you decide if this is the right choice for you!

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