Taking up a general business degree is versatile. No matter where the interest is there is always the business angle. Business is all around you. There are these large buildings, malls, shops, condominiums, etc. Anywhere you go there is a business.
A general business degree offers a lot of career options because all organizations need them.
What Are the General Business Degree Jobs and Their Salaries?
Business jobs typically don’t pay a lot when you’re just starting. As you gain experience wages increase. Other factors which affect the wages are its geographic location, employer, and tasks.
Here Are the Following Career Options in Business
1. Business Operations
The workers under this category help with the day to day operations ranging from coordinating employee benefits, purchasing supplies. The occupations under this category include Claim adjusters, appraisers, examiners; Compensation specialists; Compliance officers; Logisticians; Market research specialists; Management analysts.
Annual median salary ranges from $60,850 to $81,320 depending on the experience and diversity of the nature of their jobs.
Many of the jobs like management analysts were employed in the consulting firm. They helped gear the business to profitability and efficiency.
2. Financial Specialists
They keep track of the company’s money. If you are inclined to keeping track of money, then being a financial professional is a good option. They do such tasks as balancing business accounts and give advice to people in matters of investment. Many professionals under this category earn wages that are high compared to other workers. Occupations under category are Accountants and auditors; budget analysts; credit analysts; financial analysts; Financial examiners; Insurance underwriters; personal financial advisors.
Annual median salary ranges from $65,040 to $89,160 with personal financial advisors as highest earners.
Accountants and auditors have more job opportunities than other professionals in the same category due to the nature of their job.
Managers are in charge of all business operations, and they need experience in a related field before they are considered at the entry level. Professionals under this category are: Chief executives; Computer and Information System Managers; Financial Managers; Human Resource Managers; Marketing and Sales managers: Medical and Health Services Managers; Purchasing Managers
Annual median salary ranges from $94,500 to $175,110 with Chief Executives as the highest paid.
Managers are paid more, so they work more hours. This is the trade-off for accepting greater responsibilities
For most businesses, sales are the heart of profitability. Many professionals under this category are highly paid. They are Insurance sales agents; real estate brokers; sales engineers; sales representatives; Securities, commodities and financial service sales agents.
Some sales professionals are paid on commission. The more they push themselves to sell the more they get rewards.
Annual median salary ranges from $48,200 to $97,650 with sales engineers as highest earners.
There are other occupations with a general business degree like Actuaries; Economists; Industrial-organizational psychologists; Operations research analysts; Public Relations specialists; statisticians. Median pay for economists is $99,180 which is the highest under this uncategorized jobs.
Having a general business degree offers many opportunities professionally. They will potentially earn a high income. Choose which career you will pursue and gives you