If you’re looking for a rewarding and lucrative career, earning a business degree can open up many opportunities for you. Business graduates have the skills and knowledge to work in various industries and sectors, from finance and accounting to marketing and management. Whether you want to start your own business, work for a large corporation, or join a non-profit organization, a business degree can help you achieve your goals.
But what are the highest paid business degree jobs? How much can you expect to earn with a bachelor’s degree in business? What are the duties and requirements of these jobs? In this article, we’ll answer these questions and more. Top 5 Highest Paid Business Degree Jobs
According to Indeed, the average salary for a business degree holder in the U.S. is $66,058 per year in 2024. However, some jobs pay much more than that, depending on the industry, experience, and location. Here are the top five highest paid business degree jobs, along with their average salaries and primary duties:
Chief Executive Officer (CEO)
- Average salary: $155,422 per year
- Primary duties: A CEO is the highest-ranking executive in an organization, responsible for overseeing the overall strategy, vision, and performance of the business. A CEO sets the goals and direction of the company, makes major decisions, manages the resources and budget, and represents the company to external stakeholders.
Financial Manager
- Average salary: $129,890 per year
- Primary duties: A financial manager is in charge of the financial health and stability of an organization. A financial manager plans, organizes, and directs the financial activities and operations of the company, such as preparing financial statements and reports, monitoring cash flow and investments, and ensuring compliance with financial policies and regulations. A financial manager also advises the senior management on financial matters and strategies.
Marketing Manager
- Average salary: $97,790 per year
- Primary duties: A marketing manager is responsible for planning and implementing the marketing strategies and campaigns of an organization. A marketing manager conducts market research and analysis, identifies the target market and customer needs, develops the marketing mix and positioning, and evaluates the effectiveness and return on investment of the marketing efforts.
Human Resources Manager
- Average salary: $87,480 per year
- Primary duties: A human resources manager is in charge of the human capital and culture of an organization. A human resources manager plans, directs, and coordinates the administrative functions and activities related to the recruitment, hiring, training, development, compensation, benefits, performance, and retention of the employees.
Management Analyst
- Average salary: $87,660 per year
- Primary duties: A management analyst is a consultant who helps organizations improve their efficiency, productivity, and profitability. A management analyst gathers and analyzes data, identifies problems and opportunities, evaluates current processes and systems, and recommends solutions and improvements. A management analyst also prepares and presents reports and proposals, implements the changes, and monitors the outcomes and feedback.
Conclusion
A business degree can be a valuable asset for your career, as it can prepare you for a variety of high-paying jobs in different industries and sectors. However, to get the highest paid business degree jobs, you’ll need to do more than just earn a bachelor’s degree in business. You’ll also need to choose a specialization or concentration, gain relevant work experience and skills, build your network and reputation, and pursue higher education or advanced degrees.