It’s hard to imagine any business not wanting to realize a solid return on its investment. Employers hire people to help them grow their business and make a profit. Whether it’s a mid-level manager or the CEO who’s spearheading the hiring decision, people are hired and paid to help drive the company’s success.
Types of Business Careers
Four business degrees that have a major career impact with respect to the business field include:
- Accounting: For accounting majors, numerous business degrees are available both online and on campus. Students can earn an associate, bachelor’s, master’s in accounting, and an MBA that offers accounting specializations. A master’s degree offers the greatest advantage for employment. Most accounting positions require applicants to have at least a bachelor’s degree. According to the Bureau of Labor Statistics, Occupational Outlook Handbook, accountants earned a median salary of $63,500 in 2012.
- Management: Manager are leaders who can help drive the organization’s success. It’s common for professionals to have a bachelor’s or master’s degree. The MBA offers the best opportunities for moving up with within an organization. Salaries for an MBA can range from $80-$120K. Executives at the top can earn much more.
- Human Resources: Professionals who work in this field help oversee the functions within an organization and also serve as a link between a company and its employees. Those with an MBA may command salaries of $100k and above.
- Project Management: Project managers are key players in being able to provide organizations with the tools, skills, and knowledge to plan and implement projects successfully and on time. Projects with an MBA degree may earn an average of $84K yearly.
Employment growth and expectations for the business field are good, and largely depend on national and local economics, a person’s level of education, their ability to network, and their overall experience. The truth is a business degree is applicable for virtually any industry. The knowledge obtained in the field of business can also be applied to start one’s own business.
In today’s world, business students can work their degree around their schedule and take classes online as with the NKU PACE program or enroll in a traditional business program. These options make it easier to advance on the job or change careers on the go.
A business degree can give working professionals exposure to all the elements that are required to help an organization run smoothly. Employers’ expectations are on the rise with respect to finding and retaining capable employees. Education and experience are the key to finding the right career opportunities.