A business management degree can open doors to employment in a variety of fields. If you’re trying to decide whether or not a degree in business management is the correct choice for you, researching the careers that require such a degree can be helpful. Read on to know more about the jobs you can get with an associate business management degree and even when you have no experience. We also added a list of some entry-level business management degree jobs you can go for. Enjoy the ride!
What is Business Management?
The term”business management” is used to describe the practice of overseeing a company’s daily activities. It is difficult to provide a succinct definition of the large topic of business management; however, business managers are responsible for coordinating and arranging either broad or narrow aspects of a company’s operations in order to help it grow and adapt to new circumstances. A business manager’s ability to lead and communicate with their subordinates is crucial, as it is not unusual for them to have numerous direct reports who each oversee different parts of the business.
One’s job description in business management may include overseeing everything from financial and strategic planning to production and resource management to marketing. They aren’t limited to general commercial roles either. It’s not uncommon for one business manager to handle manufacturing, while another is in charge of the company’s finances. Professionals in business management, whatever their job titles or areas of expertise, share a common mission: to ensure the organization’s success by providing assistance to the staff members who are accountable for its formation and upkeep.
What Is a Business Management Degree?
Successful business management requires knowledge of a wide variety of administrative, marketing, and accounting functions, as well as the ability to operate effectively in a team environment. A bachelor’s in business management might mean:
- Business Management Associate Degree: Courses in business law and ethics, marketing fundamentals, and project management are just some of the topics covered throughout the length of the program’s required two years.
- Bachelor’s degree in business management: Business administration degree programs typically last four years and cover topics like risk management and strategic planning. In this course of study, students might concentrate on fields like marketing, entrepreneurship, or real estate.
- Master’s degree in business management: The two-year program offers higher-level management and leadership education in addition to a specified concentration.
You can get the following jobs with a business management degree: Client services manager, Sales representative, Project manager, etc.
What Industries Can You Work in With a Business Management Degree?
The following are industries you can get business management degree jobs:
- Finance
- Healthcare operations
- Manufacturing
- Retail
- Nonprofit
- Government
- Private companies
Business Management Degree Jobs
Thinking of what jobs you can get with a business management degree? The following are some jobs you can get with your business management degree:
#1. Sales Representative
You can improve your chances of succeeding as a sales representative or sales manager by earning a degree in business management. Salespeople engage in one-on-one interactions with customers to determine their requirements and interests, pitch solutions, and close the deal. There are millions of businesses with sales teams whose sole purpose is to promote their goods and services. While some salespeople sell tangible goods like furniture or automobiles, others peddle more nebulous services like website advertising or corporate sponsorships.
Business management graduates in sales positions can put their knowledge of finance, marketing, and corporate strategy to good use. The knowledge they gain in their classes and as a result of earning this degree allows them to confidently discuss their product, the state of their company, and other relevant topics with anyone.
In 2023, a sales representative’s average annual pay is $61,333, but this value varies widely depending on experience and qualifications. Your earning potential is proportional to the company’s size, the marketability of the product or service you’re selling, and the commission you’re eligible to receive from those sales.
#2. Client Services Manager
The task of creating and implementing customer service policies is left to client services managers, who also have to instruct staff members on how to adhere to the rules. They maintain relationships with existing customers and discuss new campaigns and opportunities with them. Managers of client services respond to consumer requests for information and assist with problem-solving. The average salary of a client services manager per year is $55,222.
#3. Project Manager
Project managers (PMs) are in charge of ensuring that corporate initiatives are carried out in accordance with set timelines, budgets, and overall objectives. They oversee teams, arrange meetings, solve problems, and evaluate progress toward bigger objectives. It is one of the most lucrative jobs you can get with your business management degree. The average salary of a project manager is around $76,404.
#4. Operations Manager
A business operation manager oversees the day-to-day operations of a company. The operations manager’s job is to analyze existing procedures and systems and to recommend modifications as necessary. They oversee how everything in the firm functions and are always on the lookout for more effective solutions. The operations manager of a manufacturing company, for instance, is responsible for ensuring the smooth functioning of the production schedule, the production process, the storage and distribution system, and other related aspects of the business. They might provide research assistance, implement a new method of labor scheduling, and plan the most effective technique to do the job quickly.
The average annual wage for an operations manager in 2023 will be roughly $112,022, but it can also be as much as $129,000 or more. Your remuneration will be determined by the size and complexity of the company you work for. The salary you make depends on the position you hold.
#5. Office Manager
An office manager coordinates daily operations, protocols, and general upkeep. They are in charge of processing payroll and requests for supplies. An office manager oversees tasks and delegates responsibilities to an administrative team. Managers of administrative departments need to be comfortable in an office setting and have experience leading people. Also, it is one of the most lucrative jobs you can get with your business management degree. The average salary of an office manager per year is $42,187.
#6. Banker
Professionals with backgrounds in business management may find satisfying positions in the banking sector. With a business management degree under your belt, you’ll be well-suited for a career in investment banking, personal banking, wealth management, or even bank management. Bankers may choose to work for either huge investment corporations or smaller community banks serving the needs of local businesses and consumers. Personal bankers assist customers with a wide range of banking services, including investments, insurance, mortgages, car loans, and more. Commercial bankers, on the other hand, assist firms with account setup, loan applications, money management, and other tasks. Large corporations rely on investment bankers to help them raise funds and manage their financial obligations. They research the most profitable investment opportunities and advise businesses on how to implement them. If you have a business management degree, you can pursue any of these careers in banking.
It’s important to note that your income will vary considerably depending on the subfield of banking that you choose to work in. According to the BLS, the median annual salary for bank tellers and personal bankers in the year 2023 is $44,463. Investment bankers make more than $101,000 a year on average, compared to the average salary of commercial bankers of over $91,000. Your pay is significantly influenced by your employment location, the kind of clients you work with, your master’s degree status, and other factors.
#7. Human Resource Manager
Employee recruiting, firing, payroll, training and development, and governance are all under the control of human resource management. They are frequently responsible for finding and interviewing potential new personnel, setting up interviews, and orienting them to their new roles. Managers in the HR department are in charge of the company’s salary and benefits, as well as any other perk programs that may be in place. The average salary of a human resource manager is $69,206.
#8. Staff Accountant
Staff accountants are accountable for the upkeep of financial documents such as budgets, financial statements, and general ledgers. They could also be responsible for invoicing and balancing accounts. It is one of the most lucrative jobs you can get with your business management degree. Staff accountants are responsible for creating and enforcing the company’s internal accounting policies.
Associate Business Management Degree Jobs
You might be thinking of the jobs you can get with your associate business management degree. Here are some jobs you can get with an associate business management degree:
#1. Customer Service Supervisor
Good customer service requires forgiving mistakes, remaining calm under pressure, and empathizing with customers. A supervisory role in customer service could be ideal if you thrive in a team environment and take satisfaction from helping others. You are responsible for not only ensuring the satisfaction and well-being of your customers but also for teaching others how to do the same.
Furthermore, you are in charge of overseeing your customer care team and liaising with them and upper management. You should also work together with upper management to establish targets for maintaining satisfied customers.
#2. Supervisor
There is a wide variety of managerial positions in the corporate world. The job’s description varies widely from organization to organization, despite having a rather generic name. However, regardless of the company you work for, you can expect to carry out a number of fundamental duties. You are the link between upper management and the workforce. Therefore, it is your responsibility to train and interact with your staff. Your role will need you to evaluate employee performance. You will be in charge of delegating tasks to workers, including setting and enforcing deadlines and authorizing time off.
#3. Accountant
Yes, you read that correctly. One can get qualified in the field of accounting with the completion of an associate’s degree program in business. Your duties will include financial management, strategic planning, and data analysis. If you’re an accountant, you’ll be responsible for assisting your company in preparing for audits. If you’re good with numbers and enjoy working with spreadsheets, you might consider a career in accounting.
#4. Administrative Assistant
A career as an administrative assistant may be a good fit if you have strong communication and planning skills and hold an associate’s degree in business. Administrative assistants are responsible for virtually every aspect of their companies. They organize the workweek, manage the calendar, arrange travel, run meetings, complete tasks, and draft internal memos. Being an administrative assistant can be a rewarding profession if you enjoy contributing significantly to the success of the teams you work with.
Business Management Degree Jobs With No Experience
The following are jobs you can get with a business management degree with no experience:
#1. Bookkeeping Clerk
A bookkeeping clerk is responsible for maintaining a company’s financial records and statements, as well as handling the company’s cash flow, accounts payable and receivable, taxes, and payroll. In some companies, bookkeepers are also responsible for auditing and report writing. A bookkeeper can be employed by private citizens, businesses, or government agencies. With a high school diploma or a bachelor’s degree, a bookkeeper can frequently find employment. A bookkeeper is more likely to make more money the more education he has.
#2. Cost Estimator
A cost estimator is someone who evaluates and gathers information about the resources, labor, time, and money needed for projects across several industries, such as manufacturing, construction, service, and others. They are also responsible for tracking the costs of labor, determining the costs of raw materials, determining whether or not a project will be profitable, and creating project plans. One of the most important roles in ensuring a company’s continued financial success is that of the cost estimator. A minimum of a four-year degree is expected. Also, it is one of the jobs you can get with a business management degree with no experience.
#3. Systems Administrator
Administrators of computer systems play a crucial role in maintaining and repairing an organization’s computer infrastructure. One of a computer system administrator’s many responsibilities is to assist in the creation of a network, the installation of hardware and software, the implementation of upgrades, the removal of viruses and other problems from the system, the instruction of end-users, and the constant monitoring of both software and hardware. There are a lot of people who work in the fields of computer programming, teaching, and finance.
#4. Financial Analyst
The major responsibility of a financial analyst is to offer guidance to investors, be they people or businesses. An analyst’s job often involves monitoring the market and making suggestions based on the results of stocks, bonds, and other investments. Reports on current commercial trends and corporate financial information are also something analysts might put together. An undergraduate degree is the minimum qualification. Absolutely no prior experience is expected.
Entry Level Business Management Degree Jobs
Business majors looking to break into the workforce should consider Entry Level Business Management Degree Jobs. In most cases, prior work experience is not required for an entry-level position. Moreover, the duties are lighter than those of an intermediate or senior employee. Furthermore, with most entry Level Business Management Degree Jobs comes the opportunity to participate in useful on-the-job training programs. Graduates who want to break into the business world often begin their careers in these entry-level business management degree jobs.
There is no better entry-level position than that of Social Media Marketing Coordinator. Specialists in social media may also go by this name. The purpose of these strategies is to boost a company’s online profile. A Social Media Marketing Coordinator’s primary responsibility is to increase revenue. They figure out what advertising strategies work and come up with new material for social media platforms. They are also responsible for coordinating marketing efforts. To keep track of all the locations, they’ll need to have superb organizing skills. However, a day in the life of a social media marketer is never dull.
There is a $41,285 annual salary sweet spot for those who work as social media marketing coordinators. However, this largely depends on the specific set of skills you possess.
#2. Purchasing Assistant
A Purchasing Assistant’s role is crucial to the success of a company. Procurement Clerks is another name for them. What they do is place orders for goods and supplies on behalf of a business. In many cases, they will answer to a project manager. The Purchasing Assistant is also responsible for overseeing interactions with any relevant vendors, distributors, or suppliers. They monitor inventory levels and restock items as required. Also, they monitor goods as they travel from the factory to their final destinations. They maintain financial and stock records routinely. Purchasing assistants make a median annual salary of $41,593. However, this may change depending on your specific geographic location.
#3. Insurance Underwriter
An insurance underwriter is someone who evaluates the potential dangers of insuring property or individuals. After that, premiums for covered risks are established. The average annual salary for insurance underwriters is $76,390 ($36.73/hr). The insurance industry is projected to add 8,300 new jobs annually between now and 2029.
#4. Payroll Clerk
Payroll clerks are responsible for ensuring that workers are paid promptly and accurately. Current employees’ pay and work history are meticulously documented. They must also keep their tax documentation current. According to Payscale, the average salary for a Payroll Clerk is $40,029. One can potentially earn more money if one has additional abilities. Skills in this category include payroll tax compliance, benefits administration, and others.
#5. Financial Clerk
Experts in the financial sector, financial clerks perform a wide range of administrative duties. Bill paying and record keeping fall under this category. They could provide details about investments or the economy. The financial manager is the only one to whom the financial clerks can report. The average annual salary for a Financial Clerk is $44,760.
Benefits of Getting a Business Management Degree
There are many reasons to get a degree in business or business management, whether you’re a student or an employee looking to further your career. The following are the benefits:
- The opportunity for rapid advancement
- Improve your leadership skills and information base.
- Salary rises
- increased proficiency in planning and execution
- A less difficult time changing careers
- Boost the efficiency of your workgroup as a whole.
- Acquire specialized knowledge that is usable in a wide range of fields.
Is a Degree in Business Management Good?
A business management degree can open doors to several management positions in the corporate world. As an added bonus, it educates those considering a career change into entrepreneurship.
What Is the Job of a Business Manager?
A Business Manager (also known as an Office Manager) coordinates the activities of several sections within an organization. They are responsible for staffing the company, holding meetings, and developing proactive plans to boost output and morale.
How Do You Start a Career in Business Management?
- Study a degree in management.
- A placement year can be critical.
- In fact, any work experience can be a great boost.
- Know the type of job you want.
- Network, network, network… and network a little bit more.
- Make the most of your university’s career support services.
What Is the Difference Between Business Administration and Business Management Degree?
Degree programs in business administration provide a more general business education whereas business management programs tend to emphasize planning and organization.
Final Thoughts
A business management degree is a terrific place to start on your career path, but you might also need to acquire a master’s in management or business administration to be better prepared to lead a team. Taking classes in management-related areas like marketing, HR, strategy, and operations can help you do your job better.
With the skills and knowledge gained from a business management degree, graduates can find success in a wide variety of sectors and businesses. There are lots of business management degree jobs you can choose from. Why not go through the list above again to make your choice?
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