Degreequery.com is an advertising-supported site. Entrepreneurship is defined as the ability to establish or set up a business with the hope of earning a profit while minimizing risk. According to TheStreet, the global stock market hit a record-high $76.3 trillion in 2017, so the world economy is hungry for managerial talent with cross-cultural skills. So what are the high-paying jobs for business majors? Graduates with a degree in economics usually advance as economists, investment bankers, credit analysts and market analysts. Image Source Snagging high-paying job offers at multinational companies could be the biggest motivator for completing international business degrees. Related: Learn About Being a Business Consultant. The average salary for economists is $97,594 per year. FIND A DEGREE Select a Degree Level. Graduates of these programs go on to a wide variety of careers as business owners, consultants, and sales managers. The average labor relations specialist earns $69,020 annually. Business majors may well be the most marketable degree in the entry-level job market. If you are organized, people-friendly, driven, keep up with Wall Street, and don’t mind wearing a suit, then a degree in business or finance may be a good bet. The Master of Business Administration (MBA) degree is the traditional pathway for business professionals who want to advance into high-level (and high-paying) roles. The average salary of accountants is $54,588 per year. A bachelor's degree program in logistics management prepares you for a career planning the transport and distribution of products for sale. Here are some of the highest paying business majors today: 1. Below are our results for the top 10 highest paying degrees in business. Another benefit of choosing a business major is the earnings potential. Labor Relations Specialists are employed to meet these goals by mediating the relationship between employees, management, and labor unions through the creation and interpretation of contracts and policies along with investigating workplace grievances. new QuickDegreeFinder() A degree in project management is worthwhile if you like to manage workflows, people, costs and supplies. As organizations seek to organize their finances, budget analysts are needed to develop and review budgets put together by managers and administrators to ensure accuracy, compliance, and fiscal feasibility. Indeed is not a career or legal advisor and does not guarantee job interviews or offers. Related: Learn About Being a Health Administrator. BLS data shows finance professionals earn an average salary of $87,850. According to BLS, the median pay for economists is $105,020, which is nearly four times the average pay compared to the average of all other occupations. The Georgetown University report found that not only do STEM majors have the highest salaries, but they also enjoy the largest wage growth over their careers. As I have mentioned elsewhere in this post, your major can have a much more considerable impact on your earnings. UX is an industry term for user experience—the experience a person has as they use a website, download an application or browse an e-commerce site. It teaches you how to start and run your own business, manage a business effectively or buy an existing business. A bachelor’s degree in accounting has always been a popular degree due to its usefulness and attractive pay. The five highest paying STEM majors, by mid-career average, were: 1. Master of Business Administration. Your studies as an international business major will cover topics such as geography, foreign language, global marketing, multinational organizations, political economy, treaties and international trade agreements. Not only is this skill essential for the small business owner, but it is also highly valued by business organizations of all sizes. The key is focusing your education while you're in school—and networking both before and after you graduate. Courses within a human resources degree may include compensation and benefits, business ethics, business communication, and management principles. Financial analysts or advisors earn an average salary of $66,856 per year. In fact, in the 2009-2010 school year, the vast majority of people pursued business majors. If you take a Bachelor's Degree in Construction Management, you may become well-versed in construction contracts, estimating and ethics. Most students who obtain this type of degree work as financial service sales agents, investment consultants and strategy investment managers. A degree in accounting is one of the most versatile business degrees today. A degree in business is a significant investment. A business degree based in the specialization of entrepreneurship provides students with instruction concentrated on the vital aspects and decision making skills necessary to handle the daily operations of an organization. According to the Bureau of Labor Statistics data, statisticians earn an excellent median wage of $91,160 along with a staggering 31% expected rate of growth from 2018-2028. An economics degree teaches students to study how the production and distribution of resources impact the economy. }); Earning a business degree can be a significant investment. Visit … For aspiring business professionals, these 20 jobs pay the highest salaries among U.S. News' 2017 Best Jobs rankings. Related: Learn About Being a Construction Manager. Whether you want to pursue a career in manufacturing or tech, agriculture or fashion, majoring in one of the areas of business will provide you the knowledge and skills to work in a setting that suits you best. Overall, the report says that the highest-paying business majors at the bachelor's level are actuarial science ($89,000), management information systems ($81,000), and business economics ($77,000). The 15 highest-paying jobs for business majors. Some choose to obtain a designation such as the Certified Financial Planner (CFP) and Certified Financial Analyst (CFA) to advance their careers. How Do I Choose an Online Business School? The average salary of an industrial production manager is $72,597 per year. What Kinds of Accreditation Should I Look For in an Online Business School? In fact, it is almost double. A checklist with how-tos for each stage of the job search: how to apply, resume tips, interview advice and more. While engineering majors are the highest paid, business management and administration is the most common major, making up 8% of all college-educated workers. Bachelor's degree holders often advance to positions as managers, field directors and logistics planners. According to the Bureau of Labor Statistics, the average salary for a human resources professional is $62,000, which is well above the median pay of $39,810 for all occupations. Marketing degrees cover a wide range of topics that teach students concepts and skills such as market research, consumer behavior, branding, and advertising campaign creation and management. Here are some of the highest paying business majors today: A business degree in marketing allows you to develop analytical skills in product merchandising, consumer behavior and effective campaign organization. Business majors aren't limited to a specific field and are . Related: Learn About Being a Financial Planner. Related: Learn About Being a Web Developer. Whether you’re interested in science or math, biology is one of the highest-paying majors you can pursue. 50 Most Affordable Online Degree Programs For In-State Students. .populate('.degree select', '.category select', '.subject select') By earning an organizational leadership degree, you can obtain a thorough understanding of the leadership practices that help organizations become successful. The Bureau of Labor Statistics (BLS) states Management Analysts earn an average salary of $85,260 and have an expected growth rate of 14%, which is nearly three times the average growth rate of all other occupations. In addition to economics courses, an economics degree will teach students skills such as critical thinking and analysis needed to make accurate economic forecasts. What Can I Do With an International Business Degree? You will also learn how to reduce the risk that is inherent in most business ventures. Related: The Best Business Degrees for Your Field. As the business environment becomes more data-driven, individuals with the ability to interpret and analyze statistics will be in demand. A degree in construction management focuses on the business knowledge and management skills necessary for the ever-evolving construction industry. A program in entrepreneurship teaches students to create and maintain business ventures through critical analysis using economics, marketing, management, data analysis, and more. Social Work — GPA of 3.4. These high-paying jobs are poised to see employment growth over the next decade, including multiple occupations in medicine and tech. With an international business degree, you could work in your country or abroad for international organizations and multinational corporations. Once you complete the program, you can pursue a management career in the construction industry and work as a property manager, project manager or construction manager. Should I Choose a U.S.-Based School or a Global University to Study International Business Online? Economics — GPA of 3.0. In addition, all levels of government, from local to federal, are hired as economists to evaluate and interpret data. In any job search, you have to sort through many job postings to find the ones that are right for you. Glassdoor ranked international business as the 20th best-paid … It prepares you for a variety of careers not only in business but also in other industries such as law, government and healthcare. Related: Learn About Being a Marketing Manager. Logistic managers earn an average salary of $61,719 per year. Effective leaders and managers are always needed in any organization, which makes the degree an excellent choice because of the skills and knowledge it teaches, which can be used to obtain high-paying positions. Since it can easily be adapted to fit into the industry of your choosing, any student can find a lucrative career path that fits their dreams. Insurance Sales Agents – $67,700 p.a. The average salary for investment consultants is $67,563 per year. Construction managers earn an average salary of $77,374 per year. // sets the defaults The average salary for all medical and health services managers is $7,474 per month. Interestingly, some of the highest paying majors (mostly in business and engineering) have not increased in popularity much over the years. E-commerce combines the economic principles with software applications to help you leverage the power of the Internet to create business opportunities. Methodology: Glassdoor’s Highest Paying Internships report identifies companies with the highest median monthly pay for internships as reported by U.S.-based interns on Glassdoor over the time period 3/01/18 – 2/28/19. This gives you flexibility when it comes to changing careers. You may find yourself working in an e-commerce company or as an entrepreneur for your own e-marketing business. Courses within an entrepreneurship specialization include: capital management, global business, and product development as well as general business principles like: sales, marketing, finance, public relations, human resources, and accounting. An accounting degree allows you to learn how to audit information, analyze financial information, scrutinize budgets and maintain records. Entrepreneurs are the managers of business enterprises who develop, launch, and assume complete responsibility for the outcome of an organization’s efforts. This degree allows you to expand your knowledge about financial management and educate others on how to handle and manage personal and business financial matters. Follow these five guidelines to narrow in on the best. Related: Learn About Being a Credit Analyst. Some of the courses you will encounter in an HR management degree include benefits and compensation, business ethics, interviewing tips, communication strategies, management principles and leadership skills. . Industrial production employees create and maintain efficient operations, and/or ensure a safe working environment that meets strict regulations. They enjoy a wide range of entry-level opportunities to choose from, making the business degree one of the most practical available. The top 5 highest paying business degrees are: 1. The majority of highest paying majors have one thing in common: science. Employees, also known as human capital, are the most important assets to any organization. Want to succeed in business degree jobs? After consulting the BLS Occupational Outlook Handbook, we determined the highest paying business degrees based upon the most recent published information and data. Related: Learn About Being a Director of Operations. Internal business is a broad topic that encompasses international politics, practical business skills and world cultures. Earning an average annual salary of $74,750, logisticians rank #7 on our list of top 10 highest paying degrees in business. Business Insider logo The words "Business Insider". What is the Best Degree Path for Becoming a Business Operations Manager? On average, they make 50 percent more in the late stages of their careers than they do at the beginning. These are the ten highest paying jobs you can get with a business degree. Graduates who have a business degree in healthcare management usually establish careers as healthcare managers or administrators, hospital administrators and healthcare consultants. A degree in statistics can be used in any industry, including medicine, IT, education, business, and much more. While an accounting degree teaches a narrow skillset, accountants have great flexibility on what type of organization and industry they want to work in. Typical courses include finance, accounting, tax regulations, and business law. 30 Amazing Landmarks at Small Colleges in the U.S. 30 Great Small Colleges for a Teaching Degree 2021, 30 Great Small Colleges for STEM Degrees 2020, The 30 Best, Most Beautiful Small Colleges in America, 10 Degrees Hiring Managers Don’t Want to See, The Federal Bureau of Investigation: How It All Works, Education and Career Options: A Guide for High School Students, A Student’s Guide to Conservation and Environmental Science, A Student’s Guide to Studying and Test Preparation, 30 Most Affordable Online Bachelor’s in Business Administration at Private Colleges, Top 30 Affordable Online Bachelor’s in Business Administration (BBA), 10 Best Online Degrees for Business Owners. Industrial production is an industry that focuses on manufacturing products. Students can expect to take courses in managerial accounting, cost accounting, finance, and mathematics. Can I Earn an International Business Degree Completely Online? Ranking number four on our list of highest paying degrees in business is a degree in management. What Kinds of Business Degrees Can I Earn Online? The Occupational Outlook Handbook states the median (average) pay for a market research analyst/marketing professional is $63,790. Find the best degrees and top degree programs. An entrepreneurship program allows you to develop planning skills necessary to bring a business idea into reality. These habits can sometimes increase the chances of getting a positive response from employers. Related: Learn About Being a Program Manager. What are the Differences and Similarities Between a Sports Management Degree and a Business Degree? While pursuing a marketing major, you may take courses involving detailed analysis of sales and marketing from practical and theoretical perspectives, often including the development of mock marketing plans. Compare that to the average of just over $39,000 for all other occupations and it’s easy to see why the degree is a popular choice. It also allows you to learn how to gather and interpret consumer information in order to make strategic decisions with current or new products. 10 College Majors With the Best Starting Salaries Median starting salaries for these majors range from $62,350 to $69,300, College Scorecard data shows. Kathleen Elkins @kathleen_elk. What Are the Highest Paying Majors for a Bachelor’s Degree? Economists work in all sectors such as healthcare, education, energy, and more. This specific skill set requires an individual to possess a bachelor’s degree in logistics, supply chain management, or systems engineering. Among the highest-paying business majors jobs for sales professionals include: Sales Engineers – $112,700 p.a. (Related: 20 Best Paying College Majors (That Aren’t Engineering): 2019) ThinkAdvisor curated the ranking of jobs for business majors that pay the highest salaries. Graduates with a business degree in HR usually advance as human resource managers with average salaries of $72,244 per year. The information on this site is provided as a courtesy. Your degree will go further if you combine the right degree level with the right specialization. A degree in organizational leadership consists of courses such as evidence-based decision making, group dynamics and facilitation, and organizational change. The core topics commonly studied in e-commerce degree include marketing, operations management, computer architecture, project management, computer algorithms and systems development. Students interested in this major should be strong in mathematics and have a passion for solving complex problems. This makes business majors flexible, strategic and employable job seekers. Once you complete an organizational leadership degree, you can work in management analysis, project management, corporate communications, strategic planning, human resource management, business consulting, and employee training and development. However, workers in some of the higher-paying professions may also spend more than the average number of hours on the job. A business degree in economics helps you develop your skills in researching and evaluating data related to anything of production or monetary value such as labor output, machinery, raw materials, land, natural resources and finished goods. Featured or trusted partner programs and all school search, finder, or match results are for schools that compensate us. Then determine which of the highest-paying business jobs is best suited to your skills. In this program, you will likely learn how to plan and complete small and large projects, and take courses such as project leadership and teamwork and project risk management. 1. BestDegreePrograms.org is an advertising-supported site. Organizational leadership helps influence companies or organizations and manage change in fast-changing work environments. In this article, we'll take a look at some of the business degrees that make the most money. According to the Bureau of Labor Statistics (BLS), the median annual wage for business and financial occupations was nearly $70,000, which is significantly higher than the median annual wage for all other occupations. Best Business & Finance Majors. Business majors may well be the most marketable degree in the entry-level job market. Marketing graduates often advance to positions as sales and marketing managers with an average salary of $49,844 per year. Management desires productive employees, while employees need fair treatment and livable wages. A degree in finance can be a profitable achievement with a high return on investment. jQuery(function($) { Certain finance professions also require continuing education and additional licensure due to the changing nature of the finance industry. Students with this major can expect to take courses in statistical analysis, biostatistics, applied linear algebra, probability, and calculus. Based on the latest information available from the U.S. Bureau of Labor Statistics (BLS) and other sources, we’ve compiled a list of the highest paying jobs in business. Our analysis shows that individuals with a degree in entrepreneurship earn an average wage of $75,473. Finance is a business major that focuses on economics and the management of money. For example, the Bureau of Labor Statistics Occupational Outlook Handbooks states the median pay for a budget analyst is $76,540. The Highest Paying Jobs For Business Majors A business degree in human resources (HR) management teaches you strategies for establishing a strong relationship between employees and management as well as maintaining a pleasant working environment. Some of the courses you will encounter during your finance degree program include portfolio management, analysis of financial accounting, concepts in strategic management, analysis of fixed income and derivative securities, and foundations of corporate finance. . The program includes courses such as logistics management, statistics, micro and macroeconomics, accounting principles, transportation management, design and analysis logistics systems and logistics management. With a background in business, you will be prepared to work in a range of settings in government, business, non-profit organizations and more. Published Thu, Dec 1 2016 2:07 PM EST Updated Thu, Dec 1 2016 2:34 PM EST. The median wage for management analysts is $77,523 per year. Related: Learn About Being a Financial Analyst. // fills in the options for the select boxes To maximize that investment, it can help if you determine in advance which areas within business pay the highest salaries. Entrepreneur. Business Administration — GPA of 3.2. AD. Career Paths For Business Majors Vice President (VP), Finance – Mid-Career Salary: $151,000 Vice presidents of finance are near the top level of leadership at an organization. Other courses you may need to complete include market research strategy, promotion design and management, and global marketing. Related: Learn About Being a CPA (Certified Public Accountant). Management Information Systems. What Will I Study in an Undergraduate Online Business Degree Program? Here are the TOP TEN JOBS for Business Majors! In addition, women and racial minorities are underrepresented in some of the highest paying fields, suggesting that major might be a contributing factor to longer-term gender/racial gaps in earnings. Education — GPA of 3.6. A degree in economics tops our list of highest paying degrees in business. This degree teaches you about healthcare administrative practices, medical care procedures and government regulations. A business major has a unique opportunity to learn a variety of business principles before entering the professional sector. These professionals have the potential to earn $72,313 per year. Topics such as investment planning, hedge funds, financial reporting and policy are all covered in Bachelor's Degrees in Investments and Securities. Other courses may include data analysis, statistics, and marketing theory. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site. Maintaining strong labor relations between employees and management is an essential function to ensure a healthy work environment where the demands of the workforce and needs of management are both met in a spirit of compromise. While you know that many finance-related careers come with generous salaries, it’s good to reflect on some of the highest paying … Accounting degree graduates usually gain employment as public accounts, tax examiners, forensic accountants, internal auditors and government accountants. Accountants can be found working for individuals, businesses and even government agencies. Without effective marketing in a consumer-based economy, it is difficult for organizations to survive. With such high pay and superb demand, a degree in management should be an excellent investment for the foreseeable future. Average annual salary: $135,800; Expected growth: 15% Gr… This is a popular and lucrative business major for both undergraduate and graduate students. Although some may think that this degree is only for people already involved in business, it can actually be used by aspiring individuals in nearly any field, including finance, technology and … If you love mathematics and are excited about the ways that it impacts the business world, then you likely majored in finance during your university years. If you want to pursue a fast-paced career and are interested in the financial market, take a four-year degree in investments and securities. Marketing has always been a critical aspect of any organization seeking to acquire and maintain customers and stakeholders. Select a Category Select a Subject. Once you complete the program, you may work as an industrial production manager, transport manager, or storage and distribution manager. Related: Learn About Being a Sales Manager. 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