HIGHEST PAYING BUSINESS DEGREES: Best Business Degrees for the Future (2023 Guide)

Highest Paying Business Degree
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Business is the most popular undergraduate major, and graduates with a business degree are in high demand. One can pursue a business degree in a variety of methods. A general business degree is offered by several universities, and its curriculum often covers a broad range of topics related to business and their interconnectedness. Some universities’ business departments provide concentrations like accounting, finance, and marketing, whereas others don’t. Students choose a business major because they picture themselves as future company heads, managers, and accountants. A business degree can open doors, but it’s a long road before the graduate can be considered successful. However, when deciding between different degrees in business, it can be helpful to consider the salary potential of each option. That is why we compiled this comprehensive list of the highest paying business degrees.

Highest Paying Business Degrees 

You can imagine yourself running operations from your corner office if you decide to major in business. But the path to CEO is not easy. A business degree can be costly. Your education also necessitates time and work. Top business degrees, on the other hand, provide a good return on investment.

#1.  International Business – M.S. in International Business or MBA in International Business

The typical yearly wage for those who major in Global Business is more than enough to entice those who are curious about the inner workings of businesses around the world. Students who choose this concentration will learn everything they need to know about the inner workings of multinational corporations and how to make them successful. Managing a business domestically is challenging, much less internationally. Nonetheless, many businesses have massive success. Capital Markets, Emerging Financial Market, Global Banking, Multinational Business Management, and Other Related Degree Programs. If they apply themselves and make the most of their education, alumni of this program have the potential to achieve great things. Jobs like Project Manager, Director of Marketing, CEO, and Management Analyst are available to those with this degree.

#2. Human Resource Management – B.S. M.S. and MBA in Human Resources

Human resources evidently are now the backbone of the business world. It’s crucial to mention that while they play a significant role in company management, this degree is not easy to obtain. Before entering the workforce as a human resource management, students must complete a rigorous curriculum. Coaching, training, researching, prepping, and patience finally are all necessary. Human resources professionals explicitly have the challenging job of managing staff recruitment, motivation, training, and performance evaluations. In global leadership, they are invaluable resources for fostering the development of both individual workers and collective units. Human capital management, strategic management, financial accounting, growing an organization, as well as developing the most effective organizational plan, and resource management are all important skills for graduates to have. Human resource specialists, managers, and recruiters are just few of the many careers open to the graduates. More than $121,000 a year is possible for them.

#3. Entrepreneurship – B.S., M.S. or MBA in Entrepreneurship

The proliferation of new online ventures has emphatically given entrepreneurship a fresh reputation and increased demand for graduates with an entrepreneurial background. The fact that everyone nowadays specifically wants to be an entrepreneur only increases the desirability of this degree. However, there are many contemporary issues and obstacles that graduate students in entrepreneurship must address and overcome. They need to prioritize the development and success of a company. Skills in analysis and deliberation are needed. That’s because problems only increase in complexity as a company expands. Many aspects of running a business will be covered, not just entrepreneurship, including marketing, PR, HR, sales, and more. Graduates with degrees in entrepreneurship can choose from a diverse range of employment options, with some offering salaries of more than $150,000 per year. They are qualified for executive roles such as chief executive officer.

#4.  E-Commerce Management – B.S., M.S. or MBA in E-commerce

With the proliferation of SaaS solutions that facilitate the incorporation of online stores, e-commerce has emerged as one of the most fashionable and cutting-edge professions in the business world. Having a business degree is useful now more than ever because selling a product is so difficult. It’s very new, yet it’s already having a major impact on the economic world. Undertaking this course will provide graduate students with an in-depth understanding of how online selling services function and how they may be used to market a product or service. It calls for a wide range of abilities, including strategic thinking, project management, marketing savvy, and more. In addition, students will gain the technical understanding of how internet services function through an education in business information systems. Students can choose from a wide range of offerings in areas like analysis, design, e-commerce system development, decision assistance, telecommunications, and internet technologies.

#5. Business Marketing – B.S., M.S.

As the field of business studies, marketing has grown increasingly relevant due to the exponential growth of technology. Marketing isn’t just about making a sale or finding loyal clients who would buy from you over and over again. It’s a high-stakes job that necessitates familiarity with the company and its offerings as well as its target demographic. Students enrolled in marketing degree programs are exposed to a wide range of marketing strategies and consumer psychology that may be applied in the real world. Economics, finance, business administration, public relations, human resources, and statistics are only a few of the topics covered in these courses. They will also gain an understanding of the significance of developing an effective corporate culture and management structure. The job market is wide open for graduates of this curriculum. 

They have several opportunities in areas such as market research, advertising, digital marketing, and more. The job’s annual salary is over $110,000, which is excellent.

#6. Finance Management– B.S., M.S. or MBA in Finance

A career in finance may not be as simple as it seems, but it pays well for those that put in the effort. Graduates of finance programs have mastered a wide variety of techniques for expanding businesses and increasing their profits. They know their way around the books, the various money markets, and how to get the most profit out of an investment. Additionally, they gain experience collaborating with a variety of domestic and international businesses. Marketing, business law, human resources, operational management, statistics analysis, and many more broad business degrees fall under this umbrella. Graduates will have the knowledge and skills necessary to advocate for their clients in the areas of insurance, debt management, investment, and retirement planning. Finance majors can choose from a variety of post-graduation career paths that emphasize financial management. They can work as accountants, financial planners, and budget analysts and managers.

In addition, there is a wide variety of businesses that could benefit from their consulting services. Earnings in this field typically start at $110,000 and can go as high as $150,000 per year.

#7. Business Economics – B.S., M.S. 

Every business major should have a firm grasp of economics, as it is one of the most important building blocks of the industry.Candidates with a focus in Economics, however, have a better chance of long-term success. They have specialist knowledge in areas such as international and public relations, commercial law, and government policies pertaining to commerce. Macroeconomics, microeconomics, industrial-organizational, and econometric approaches for business and analysis are only a few of the courses taken by economics majors. They should also have a firm grasp of urban and rural economics as well as international trade practices. Graduates in economics can find job in a variety of fields, including finance and business. It’s a lucrative industry that can provide an annual salary of over $100,000.

#8. MBA in Accounting

There can be no business, no budget, no profit, and no other means of determining how much money is coming in or going out of a company. Students majoring in accounting can use their knowledge to audit businesses and provide recommendations for better financial management. They can work in IT and coordinate with specialists from several disciplines to boost productivity and revenue for businesses. Operations management, marketing, statistical analysis, and sound business judgment are just some of the topics that will be covered in this program. Graduates can work in a variety of fields after finishing their study, such as loan office administration, financial representative, accountant, auditor, and more. Although the initial income is smaller than several on the list, it has the potential to increase to $80,000 per year.

#9. B.S. in Management Information Systems

With additional training in IT and CS, the value of a business degree can increase exponentially. This program focuses on the intersection of business and IT. Candidates pursuing business professions that require familiarity with technology can benefit from this degree. The study of technology is, by itself, one of the most lucrative academic pursuits of our time. Students will study business theory and practice, learn to identify and address organizational challenges, and develop the interpersonal and communication skills necessary to work effectively with those who are technically savvy within an organization. Last but not least, they’ll learn everything they need to know to become experienced database administrators of the company’s financial databases. In this industry, a graduate’s median pay is $85K, and a manager’s salary can reach $150K.

#10. Business Administration – MBA

Business Administration is one of the most sought-after degrees, with students learning how to conduct research, analyze data, and lead operations inside a single firm. A person working in business administration must use their talents and knowledge to increase revenues while making an organization more efficient. Business courses include business strategy, finance, accounting, economics, statistics, operations management, and information systems. Additional business administration and management specializations might lead to improved work opportunities. Graduates might earn anything from $60,000 to over $130,000 per year.

Which Business Degree Is Best for the Future? 

Majors in business are in high demand.

  • Finance.
  • Accounting.
  • Business management and administration.
  • Logistics and the supply chain.
  • Information systems in management.
  • Marketing

Which Degree Is Best for a CEO? 

Candidates for the position of chief executive officer (CEO) are expected to have extensive academic training in business and related fields. This may include a Bachelor of Arts (BA) in Organizational Leadership or a Master of Business Administration (MBA).

Which Business Degree Has the Most Job Opportunities? 

These days, a degree in accounting is one of the most flexible options in the working world. Professional accountants may be employed by anybody from sole proprietors to international organizations. Earning a degree in accounting will equip you with the knowledge and skills necessary to do audits, analyze financial data, review budgets, and keep accurate records.

What Is the Easiest Business Degree to Get? 

The Most Convenient Business Degrees

  • MBA which stands for Master of Business Administration.
  • A bachelor’s degree in business administration.
  • A Bachelor of Science in Healthcare Administration is required.
  • Bachelor of Science in Business.
  • Bachelor’s degree in Business Administration.
  • Marketing Master of Science.
  • Bachelor’s degree in Health Science.

What Is the Best Business Field in Demand? 

The best business field in demand is constantly changing, but some of the most in-demand fields right now include:

  • Cybersecurity
  • Data science
  • Artificial intelligence
  • Software engineering
  • Cloud computing
  • Healthcare
  • Finance
  • Marketing
  • Sales

These fields are all growing rapidly and are expected to continue to do so in the future. If you are interested in a career in business, one of these fields may be a good fit for you.

What Is the Hardest Business Degree to Get? 

The Most Difficult Business Majors

  • Finance.
  • Entrepreneurial Studies.
  • Human Resources.
  • Marketing.
  • Organizational Leadership.
  • International Business.
  • Business Administration and Management. The Bachelor of Business Administration and Management degree is a generalist degree for business majors.

What Business Degree Requires the Least Amount of Math?

Extra mathematical requirements are unlikely to be added to a typical business administration or business management curriculum. Human resources may involve some pay analysis education, but it primarily concentrates on the principles and methods of attracting, retaining, and training personnel.

Conclusion

So, it all comes down to someone who really wants to use their business expertise to help businesses succeed. If you feel like you’re really good with money, then you might want to consider getting into fields like business economics, accounting, or finance. They could be a great fit for you! If you think you’re more skilled at management, then you might want to consider fields like international business, human resource management, or healthcare. They could be a better fit for you. 

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  4. BUSINESS MAJORS: 13+ Best Business Majors With Higher Salary & Projected Growth

References

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