What can you do with a Business degree?

A business degree with different specializations in finance, marketing, human resources, and more can help you with careers in entrepreneurship, consulting, media, marketing & advertising. Learn more about Business degree by reading the blog below.

Updated by Shubharthi Dey on 7th February 2019

What can you do with a Business Management degree?

A business degree can help you to make multiple career options. You can go for nice professional jobs, go for your own business using the acquired management skills or go for further post-graduation degrees. Once done with the business degree, it solely depends upon the person how he wants to utilize the degree to the best.

After being done with the business degree, one might be curious to know what are opportunities available to the graduates from the point of their future prospects. 


Typical careers after a Business Management degree

  • Entrepreneurship-  A person can go for his/her own business with their acquired business management skills and earn profits. Successful entrepreneurs like Jerry Yang founder of Yahoo, Larry Page co-founder of Google, Phil Knight founder of Nike, Reed Hastings co-founder of Netflix, etc used their management skills to make their business to what they are now.

  • Consulting firm-  Consulting firms like Deloitte, McKinsey, PWC, and others are one of the top choices among business graduates as they offer good pay, flexible work hours, opportunity to grow, the prestige, etc. Working in these firms is a boost to the career and opens the door for many upcoming long-term advancements.

  • Retail and sales-  With the help of business degrees can you be the ultimate store provider. Business management studies hone us with all the required skills and abilities to actually use it into practical space. With specific specializations like retail management can you know the basic requirements to make your store premises as suitable as the customer wants.

  • Non-Profit Organizations - A business degree does not always mean earning loads of money. Passionate individuals can also help an NGO or charitable trust to save lives. Not all individuals, including me, just want to chase green papers. Sometimes we want to contribute to society and help others to overcome their sufferings. It is the noblest work to do, not just for the sake of doing something noble. But out of sheer compassion and empathy.


Less typical careers after a Business Management degree 

  • Media-  Media industry is one of the buzzing and lively industries to work in. It can never get monotonous to work there. Roles in media firms may involve Public Relations, operations, financing, human resourcing etc. The creative tasks may not be given directly but eventually, an extra certification in those might help according to me.

  • Marketing and Advertising-  Marketing and Advertising is a challenging and exciting job to be in. A business is nothing if you cannot make your customers know about your company and your products or services.

  • Human Resources - A human Resource manager plays a significant role in the company wherein one needs to supervise and coordinate the work of the specialists and staffs and also resolve the issues and conflicts between employees and the management.


Top paying Business Management majors

Now that we are well-aware about the scope after a business degree, let's understand the most important aspect which everyone is curious to know, that is the salary a business graduate can be expected to receive based on the job description. 

Let's look into the below list which enlightens us more about the same.

Field Average Starting Salary (Bachelor’s Degree) Starting Salary(Master’s Salary)
Management Information System $55000 $150000
Supply Chain Management $50000 $70000
Finance $50000 $70000
Marketing $50000 $77000
Business Administration $50000 $70000

Conclusion

Business Degrees tend to open many doors of opportunities to a multitude of career options. Business degrees are a way to enhance and polish our managerial skills. The above-enlisted careers area hint towards the prevailing preferences in the real world. A number of options can be generated based on the creativity and interest of the individual.


FAQ'S

  Why study business, and what will I learn in class?


Required core classes will help you build a strong foundation for a career in business – no matter which area you end up pursuing.Flexible electives let you focus on your interests and transfer a wide variety of credits from previous educational experiences.

  What is the average salary for somebody with a bachelor's degree in business?


Because there are so many different career paths for business graduates, it's difficult to pinpoint an average salary.

  What do I get when I complete my program?


What you get when you successfully complete the program depends on the program you have entered into:

If you complete the two-year Business Management program you will:

  • Demonstrate critical thinking in business
  • Describe basic business functions, operational and organizational structures
  • Apply managerial, supervisory and leadership practices in a variety of situations
  • Demonstrate a working knowledge of financial statements
  • Explain the role of marketing
  • Explain the legal concepts related to business

  Can I only begin in the fall term?


No. Most classes in the required by the Business Management degree program and are offered during all regular academic terms, and many are even available during Summer term.

  Are the required classes offered at night?


Yes, but it will take you a long time to complete your program that way. All of the courses required by the Business Management programs are offered at least occasionally at night, but many are not offered at night every term. Careful planning is necessary to complete the program entirely a night.