Jobs and Salaries in Business Management Careers

A business management degree can offer you a lot of flexibility when it comes to your career search or finding a job. Since the courses you take in a business management degree program provide you with the skills you need to run a company and manage business operations, you can explore several exciting careers across a variety of industries. Many employers look for candidates that have an educational background in business, and not necessarily a specific specialty or concentration. You'll find many attractive career opportunities and jobs with companies looking for managers, supervisors, or leaders to oversee their planning and operations departments.

Types of Business Management Jobs

Business management jobs can encompass everything from a business operations manager for a small or mid-sized company, to a project manager for a large corporation. Examples of jobs you may be qualified to apply for with a degree in business management include:

  • Business Consultant
  • Human Resources Manager
  • General Manager
  • Non-Profit Agency Manager
  • Operations Manager
  • Strategic Planner
  • Top Executive

General managers and operations managers are usually in charge of leading teams and delegating responsibilities to different staff members. They may work closely with a CEO or visionary of a company to make sure the organization's goals are met and that employees are motivated to do their job. They hold employees accountable for their job and work hard to keep employee morale high. These types of business management careers demand strong leadership and communication skills. The managers must learn how to deal with and overcome performance problems, maintain efficiency, and work towards meeting and exceeding the company's goals.

While many people pursue a business management degree to manage the operations side of a company, some students pursue this educational track because they want to be business owners themselves. They may take courses in entrepreneurship, marketing, and sales, so they can launch, run, and grow their own business. Some schools offer several advanced courses in business management and entrepreneurship, while others will offer a certificate program in entrepreneurship that can be an extension of a degree program.

Business Management Careers and Corresponding Salaries

You'll discover a wide range of attractive business management careers and job opportunities with all types of firms, companies, and small businesses. Recruiters often look for graduates with an MBA for higher-level or executive positions with Fortune 500 companies and larger firms. You can prepare yourself for these types of opportunities by taking advanced courses in the field of business management, getting some work experience in the field, or by completing an internship at some point during your undergraduate career.

As you grow and excel in your career, your salary potential increases dramatically. Today's top-level managers and executives are among the highest-paid in the United States and many earn a salary plus bonuses and stock options. Business management salaries depend on a number of factors, including:

  • Managerial responsibility
  • Type of organization
  • Candidate's level of experience
  • Number of years of service
  • Private vs. public sector
  • Education and training

The U.S. Bureau of Labor Statistics reports that the median pay for a top executive was $101,250 and the median annual wage of general and operations managers were $94,400 in 2010. Executives are the highest-level management for a firm and work in nearly every industry. They are responsible for devising and implementing policies to ensure that an organization's goals are me, and are also involved with planning and coordinating business operations.