Highest-Paying Careers for a Business Major: Career Path Opportunities
An educational background in business can be beneficial in the United States, as business make up the backbone of the economy. Business majors can pursue roles in almost any industry upon graduation. This article details the most lucrative careers for those with a bachelor's degree in business.
Business Major Salaries: Overview
It is possible for business majors to obtain lucrative jobs upon graduation from an accredited, highly ranked bachelor's degree program. According to Payscale.com, graduates of Bachelor of Business Administration (BBA) programs earn, on average, $10,000 to $20,000 more than those without their master's degree in business administration.
Those working in the private, public or nonprofit sectors can earn high salaries with the opportunity to increase payment and benefits with experience. The following are some of the most lucrative careers for those with a BBA, with salary information based on data from Payscale.com.
Financial controllers are responsible for planning, directing and coordinating the financial activities from the perspective of a company's management. These business professionals develop and update financial forecasts, prepare monthly, quarterly and annual financial statements, close their company's monthly books in a timely fashion and oversee a number of aspects of a company's operation. Some of these aspects include accounts payable, inventory control, information technology, payroll, benefits and fixed assets. Becoming a financial controller often requires prior business experience in other financial segments of a business.
Human Resources Manager
Human resources managers help manage a business' benefits, policies and regulatory compliance. They may also supervise the recruitment of employees and maintain the functions of compensation, including salary or consulting. Unlike a financial controller, a human resources manager does not focus on finances but rather the business and management planning of an organization. Human resource managers can earn up to $75,000 on average.
Operations managers work with human resources to help a business build relationships, coordinate procedures such as 401(k), employee training, preparing reports on investigative activities and maintaining current business practices according to local, state and federal requirements. These professionals may earn an average annual salary of around $70,000.
Related to Highest-Paying Careers for a Business Major: Career Path Opportunities
- Recently Updated
Business schools prepare students to be leaders with public and private companies, nonprofit organizations and...
To compete in the world of business management, individuals may wish to study Business Essentials II. Following...
Research business certificate programs. Get information about courses, licensing options, requirements and job...
Business essentials certificate programs can help students develop proficiencies in the theories and practices of...
- Top Business PHD Programs: School List
- Online Business Majors: Information and Requirements
- Study Explores Student Views on the Future of Business
- Top Ranked School for the Medical Assisting Field - Atlanta, GA
- Best School for a Public Administration Degree - Miami, FL
- Top University for Degrees in Human Resource Management - Houston, TX
- Top School for Information Technology Degrees - Austin, TX
- Business Majors: Information and Requirements
- List of Online Business Workshops and Seminars
- Top Ranked University for Computer Engineering and Electronics - Columbus, OH
- Top International Business and Global Management Degree Programs - Dallas, TX
- Top Degree Programs for a Respiratory Therapist - Phoenix, AZ