According to a Georgetown University study , those who graduate college with a business degree earn a median of $1 million or more over the course of their careers than a high school graduate. If that statistic alone doesn’t make you want a business degree, what will? Having a business degree will not only earn you a higher salary but it can help you grow and develop as a leader within your industry. Assuming you bring your A-game to your career, those with business degrees can expect to earn promotions, build connections and maybe even found their own company one day . An undergraduate business degree will teach you how to apply theories of finance, marketing, management and administration into real-life applications. The beauty of a four-year business degree is it can be applied to many different career fields and a variety of specializations. It's up to you to decide how to apply your business degree in a way that will help you work towards your personal career goals. Business graduates have worked in fields varying from accounting to international business and everything in between. Here are a few job ideas you can pursue if you earn a bachelor's degree in business:
As a healthcare business analyst, you can use critical thinking and management skills to oversee healthcare workflows to identify areas of improvement at clinics, hospitals, and nursing homes. The healthcare industry is expected to grow exponentiall y in the coming years, meaning job opportunities for healthcare business analyst will be in abundance and having a business degree gives you can edge. It's also a great option for those interested in helping people via healthcare but aren't interested in being a doctor or nurse. As a healthcare business analyst, you can be a leader who identifies areas of growth, improvement and comes up with innovative ideas to increase performance across the board.
Business development is a great way to put your practical skills to good use. By working in business development, you get to identify ways to grow the business and bring in additional revenue. This may include developing products or sales techniques, forming and maintaining business partnerships or other operational tasks. Networking and people skills are key but having a strong foundation in business finance and management will ultimately help you excel in this field. If you can help businesses increase revenue and grow important partnerships, you'll be primed to climb the corporate ladder. Read: 12 Entrepreneurs On the Big Risk That Paid Off
As an information systems manager you will be responsible for directing and developing the information technology goals of a business. IT is one of the fastest growing industries and the demand for jobs is increasing rapidly. While you can go to school for IT or computer science, if you have a personal interest and experience in the subject matter paired with a business degree, you could offer businesses a unique perspective on their IT solutions as it often accounts for one of the largest business expenses. This may be especially true for more senior roles where IT decisions can have a major impact on a business's bottom line.
A logistics manager is the person who oversees every step of the supply chain-from purchasing goods to shipping out orders. You will be responsible for running a smooth operation to help stay on budget at all times. This job requires you to identify areas of improvement to become the most efficient business possible, which requires you to understand all sots of critical business processes. You'll need to know the company and its operations like the back of your hand. Having business experience will give you knowledge and experience
Of course, you always have the option of starting your own business from scratch. With the right idea and discipline, you could be self-employed and maybe even employ others one day. It's important to consider if the lifestyle of an entrepreneur is something that appeals to you. Uncertainty, long hours and thinking on your feet are all part of a day's work. If you prefer a 9-to-5 job and predictable income, this might not be the route for you. But with hard work, the right connections and a killer idea, you could end up earning far more than you ever could working for someone else. Having a business degree, though not necessary for success, can certainly help. See: The 6 People You Need On Your Side When Starting a Business
These are just a few examples of the types of jobs you'll qualify for with a business degree but there are many more options. From marketing to operations, your options really are endless. A business degree opens doors in your professional life and it can even give you the tools to build your own door. How you utilize your business degree is up to you but just know that you have options and can pivot need be. Additionally, you may consider going to graduate school to get your master's in business administration, or MBA, which will only accelerate your professional career even further. Whatever you end up doing, finding a great job is definitely in the cards — and it'll help you pay off your student loans. More From Seek
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