Business students graduate with many valuable skills applicable to a wide range of industries, both in for-profit and non-profit sectors. Financial analysis, managing transactions, marketing, business performance, and human resource management are their core strengths.
Although taken in an online college, business students complete assignments and projects in groups. Here, they learn to work and overcome challenges in teams, develop leadership skills and improve critical thinking skills.
In no particular order, the top 5 jobs that are currently growing in demand are as follows:
Management Consultant
Management Consultant or Management Analyst employment is to grow by 11 percent between 2019 and 2029, according to the Bureau of Labor Statistics (BLS). This growth rate is much faster than the average of all occupations in the same period. Management analysts earned median annual pay of $85,260 in 2019.
Clients engage these analysts or consultants to advise on specific projects, problems, or new ways to improve efficiency.
Analytical, research, problem-solving, and presentation skills are applied to help clients arrive at the specific required outcomes.
Financial Analyst
The BLS projects employment of Financial Analysts to grow by 5 percent between 2019 and 2029, which is faster than average. The median pay for Financial Analysts was $81,590 per annum in 2019.
Business majors have significant capabilities in analyzing trends, evaluating company performance, and industry growth. These skills are used to report and advise on investments, deployment of corporate resources, mergers, and acquisitions.
Marketing Manager
According to the BLS, the median annual pay for Marketing Managers was $135,900 in 2019. They also predict employment to grow 6 percent from 2019 to 2029.
Marketing managers’ role involves analyzing industry and market trends to deploy the best marketing strategies for their product and brand.
Armed with creative and strategic thinking skills, business majors create marketing plans to deliver the right message to customers.
Sales Manager
The annual median salary for Sales Managers in 2019 was a whopping $126,640. The BLS projects employment of the same to grow as fast as average at 4 percent.
Sales Managers oversee the performance of a team of sales representatives. Their goals include quantitative, qualitative, training, and expansion targets.
Business majors who succeed in sales tend to have a strong inclination towards people, closing deals, and staying motivated.
Training and Development Manager
This group’s median annual pay stood at $113,350 per annum in 2019, with a faster than average growth rate of 7 percent.
Training and development managers put together knowledge and skill enhancement programs for employees and management. They are versatile and work in almost all industries.
Employment trends change quite rapidly according to a multitude of factors. It is always advisable to choose a major and online college that is right for your long term goals and aspirations.