Posted on 05/28/2024 9:50:19 AM PDT by SeekAndFind
Starting your career with a business major is a strategic move in today's dynamic job market. This qualification opens doors to many lucrative and impactful opportunities. And you'll find some of the highest-paying business jobs right here on Monster.
Trends indicate a positive outlook for business careers. The job market is robust, with a wide range of sectors such as finance, consulting, human resources, and marketing seeking business-savvy professionals. This demand is fueled by an ongoing need for graduates with strategic thinking, financial acumen, and innovative problem-solving skills.
You can carve out a highly rewarding career in these lucrative sectors with the right skill set, a proactive approach, and a keen eye on industry trends. Stay focused on developing your expertise, seize every networking opportunity, and be ready to showcase your talents - the highest-paying business jobs are well within your reach.
With your undergraduate degree under your belt, keep in mind that finding jobs for business majors requires a mix of strategy and action. So, start by leveraging your college’s career services and alumni network before and after graduation– these are goldmines for connections and job leads. You can also seek out industry conferences and networking events; the more people you meet in the field, the better your chances of landing your dream job.
Plus, we've rounded up some of the highest-paying business jobs, categorized by degree, to help you find your perfect match. Weve also included the median salaries for each job, but always consider your experience level, specialty, and location to get a more accurate idea of what you can earn.
A bachelor’s degree in finance is one of the highest-paying business majors you could attain. The financial sector values this degree for its strong foundation in financial principles, analysis, and management. As a finance major, you can often boost your income through bonuses, commissions, and profit-sharing, especially in performance-driven roles like investment banking and personal financial advisory.
A financial analyst plays a crucial role in guiding businesses in their investment decisions. You’ll scrutinize economic and business trends, assess the performance of stocks, bonds, and other investments, and analyze financial data to forecast future earnings and market trends.
This analysis helps create financial models to predict outcomes, advise on portfolio management, mergers, and acquisitions, and identify investment opportunities. In this role, you’ll typically work for banks, pension funds, mutual funds, or insurance companies.
Job requirements: Most entry-level positions require a bachelor’s degree. To become a successful financial analyst, you’ll need excellent analytical and problem-solving skills and a keen eye for detail.
Median salary: $96,220 per year
Find financial analyst jobs on Monster.
A financial manager oversees a company's operations, ensuring financial efficiency and profitability, which is why it’s among the highest paying business jobs. This includes developing long-term financial strategies, conducting risk analysis, and preparing financial reports.
You'll manage investment activities, plan and execute capital-raising strategies, and manage budgeting and forecasting processes. You'll also make critical decisions regarding cash management and investment activities, ensuring that the company meets its financial obligations and maximizes returns.
Job requirements: Financial managers typically need at least five years’ experience in finance or accounting in addition to a bachelor's degree.
Median salary: $139,790 per year
Find financial manager jobs on Monster.
With a bachelor's degree in accounting, you can access a variety of lucrative career paths. These roles leverage your expertise in financial principles, tax laws, and auditing standards and often offer significant growth potential. Here are some high-paying business jobs if you’re a graduate with an accounting degree.
If you’re a CPA, you’re a highly qualified accounting professional who has met rigorous education and experience requirements. You perform a variety of roles, which often include auditing financial statements to ensure accuracy and compliance with laws, preparing and filing tax returns, and offering tax planning and financial advisory services. You may also provide consultancy on business strategies, financial management, and internal controls to improve efficiency and profitability.
Job requirements: Becoming a CPA requires a bachelor's degree and passing a national exam. All U.S. states require CPA candidates to have completed 150 semester hours of college coursework to be licensed, which is 30 hours more than a typical four-year bachelor's degree.
Median salary: $78,000 per year
Find CPA jobs on Monster.
As a tax manager, you'll oversee tax compliance, planning, and strategy to ensure adherence to tax laws and regulations while minimizing tax liability. You'll stay abreast of changing tax laws and regulations and analyze how these changes impact a company.
In this role, you'll often lead a team of tax professionals and collaborate with external auditors and consultants. Your expertise is crucial in strategic financial planning and risk management, ensuring fiscal responsibility and legal compliance.
Job requirements: In addition to a bachelor’s degree and a CPA license, you’ll need several years of experience in tax preparation, planning, and compliance.
Median salary: $131,052 per year
Find tax manager jobs on Monster.
A bachelor’s degree in economics opens doors to various high-paying career paths. With this qualification you can leverage skills in analysis, critical thinking, and an understanding of economic systems and trends. Here are some of the best business jobs to pursue with your economics major.
An actuary evaluates financial risks using mathematics, statistics, and financial theory. You’ll play a crucial role in the insurance industry, but your expertise can also be applied to pension funds, government roles, and various financial services sectors.
Actuaries analyze the likelihood of events and assess the financial consequences of those risks. Their work involves designing and pricing insurance policies, pension plans, and other financial strategies to minimize risk and maximize profitability. This job is an excellent match if you’re looking for one of the highest paying business jobs where you can use your strategic foresight and problem-solving skills.
Job requirements: Becoming an actuary requires a bachelor's degree plus obtaining one or two certifications by passing several professional exams. These are administered by the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS).
Median salary: $113,990 per year
Find actuary jobs on Monster.
As a personal financial advisor, you help people manage their finances to achieve economic goals. This role involves understanding a client's financial situation, objectives, and risk tolerance to offer tailored advice on budgeting, investments, retirement planning, education funding, and insurance. You’ll create comprehensive financial plans, suggest suitable products, and guide clients through life changes and financial decisions.
Job requirements: To become a personal financial advisor, you'll need a bachelor's degree, and depending on the services offered, you may need a specific license as well. For example, selling insurance requires a state insurance license, while providing investment advice or selling stocks and bonds typically requires FINRA licenses like the Series 6 or Series 7.
Median salary: $95,390 per year
Find financial advisor jobs on Monster.
Nothing but an ad
How is that "financialization of the economy" working for us? The Rust Belt has been hollowed out and good jobs replaced by opiod addicts. We can't make enough bombs, etc. to keep up with that nation we call "a gas station with nukes". We are now dependent on China, our main challenger for global supremacy, for cheap goods because our spending/inflation is out of control.
I’ve never gotten a job where I had to deal with HR. I’ve never not gotten the job where I dealt with the techies.
I agree an ad - although I followed the sort of same advice which came from a stepdad 30 years ago: undergrad in bus admin and then masters in computer science. Seemed to do ok with this approach. Thought about a PhD, but was just burned out on more degree work (unless I could have someone else to cover the costs).
Students who gradute with a degree in logistics or supply chain management are getting multiple job offers.
Students graduating with degrees in marine engineering are earning at least $80,000 a year for a three month on three month off schedule, and of course room and board is provided-tax free!
“Plastics!”
In most STEM fields I think it works better the other way around: an undergraduate degree in the STEM discipline and then an MBA. Or (if feasible) both an M.S. in the STEM field and an MBA.
True, but if you think about what is coming out of our universities of late, not all of them, but the majority are brainwashed socialist little communist. And the thought that they’re going to someday be in position of power brings chills down my spine. But one thing I am thankful to God for is that I am near the end of my life, and that there is some graduates with integrity who love this nation and wanna be successful and live the dreams this country has to offer! There are still good people out there with extreme good intentions for this nation. I hope it’s more of us than them though.
HR…ffs…
The DEI bubble may be deflating a bit but I’d still recommend a degree in Grievance Studies. Sorry, guys, but if you happen to be a white male you gotta find a boyfriend. Rules are rules.
Notice that ROI isn’t mentioned.
I was lucky enough to retire from a company with an old school HR guy who actually stressed what the title of the position suggests.
These are real majors that NYU students are going into debt for. This is not satire.
You can bet that Deep State is delighted to see that.
My thought process was when young and starting out in work life (after short military service out of HS) a business degree had more applicability across multiple fields/sectors and wasn’t necessarily going to put me only in a CS job as the first CS degree most likely would. Also, with the way tech changes, I wanted the CS degree to be as near current tech as was available when I got it. My first boss (or dept mgr who was my boss’s boss) had a MS in CS from what was then nearly 25 years in the past at that point and hadn’t really kept up with tech and most of his knowledge was old and it was sort of obvious he wasn’t really keeping up with his dept and just marking time until he could retire. But all that said, if I did it over again and suspected my entire career would be in some flavor of IT which it has been, then you are right and a CS in both undergrad and grad might be best while also adding mba and pm certs much later.
He did not know how to write a check, there was no decimal point after the dollar amount.
Median salary leaves out the hours to be worked, too. It’s not a 40 hour a week job…start at 50, and go from there. I love where a work, and I understand the term “exempt”, but my definition no longer includes 15-20 hours a week of OT.
certainly not all degrees are useless or worthless
not by a long shot
but we will never ever hire from any college that has condoned, permitted, facilitated, enabled, or promoted the sickening pro-terrorist mob scenes of recent weeks
(no hiring from the likes of Harvard, MIT, Berkeley, UCLA, none of them... the administrators should be fired immediately and replaced with moral, decent Americans)
we’d much prefer hiring from any of the many “less prestigious” colleges that maintain safe, civil campuses where their students can attend classes without threat or intimidation or having to be insulted by all the lying pro-Fakestinian communists, Nazis, and Useful (hired) idiots
Similar to what I did - I have a major in Physica and a minor in business. Thankfully it worked out for me, over the years I’ve gotten jobs due to the value that someone with a STEM degree brings - Problem solving, etc. I also learned the folks that understand that connection usually end up being good bosses! Business side was useful once I was already in the position and helped me move up. (Currently in a procurement-related field and loving it)
Chelsea Clinton’s degree got her a high paying job.
My 25 year old son has a BS in Biotechnology. His employer is paying for Masters in Engineering Management from UMass. He works for a major pharma corp in MA. They would not pay for an MBA.
Most of the jobs listed are not entry level jobs. You do not become “Sales Manager” unless you were a sales person to start. In most cases the Peter Principle was applied. At lest that has been my experience in my industry.
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