This article is our latest study on the Highest Paying Business Jobs.
Business majors (or people with a business degree) are universally in demand by numerous employers across a wide range of fields.
A business major may work in operations management, supply chain management, or their own business.Â
We’ve scoured the internet to bring you the best jobs and the highest-paying business majors.
Here is a video summary based on this article
Table of Contents
#10. Industrial Production Managers
How much do they get paid?
- Source: ZipRecruiter
- Low Range: $20,000 per year
- High Range: $130,000 per year
- Median Pay: $68,238 per yearÂ
What do they do?
Industrial production managers are responsible for the daily operations of manufacturing and related plants. They coordinate, plan, and direct the activities used to create a wide range of goods, such as cars, computer equipment, or paper products.Â
The median annual wage for industrial production managers is $68,238.
What degrees are usually required?
Industrial production managers typically need at least a bachelor’s degree in business management or industrial engineering. Extensive knowledge of management information systems is also very important for this position.Â
What is the experience level usually required?
Many employers prefer to hire candidates who have five or more years’ experience working in an industrial plant, installing or maintaining equipment.
Who’s hiring for these jobs?
- Packaging companies such as Amcor, Denver.
- Industrial plants.
What is the best way to get this job?
After graduating from business administration or management classes, you can start with low-level positions. These positions will teach you how to think strategically so you can help your company meet goals and increase profits.Â
You also learn about budgeting and human resources, which will help you manage your team efficiently.
How do you become an industrial production manager?
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#9. Forensic Accountants
How much do they get paid?
- Source: Zippia
- Low Range: $45k per year
- High Range: $110k per year
- Median Pay: $70k per year
What do they do?
A Forensic accountant is a business major who analyzes financial information for crime-solving and preventing future crimes.Â
Forensic accountants work with a variety of clients, from individuals to companies, to investigate financial issues such as fraud, insider trading, and money laundering. They are also often called upon to serve as w witnesses in court cases.
What degrees are usually required?
Most employers prefer candidates who have graduated from a master’s degree program in forensics or accounting. Some programs offer a concentration in forensic accounting or fraud examination. While many individuals specialize in a certain aspect of forensics, they need to understand the entire process of the investigation.
What is the experience level usually required?
Work experience is also necessary, and most employers prefer at least five years of experience related to forensic accounting. Some employers will require additional certification depending on your state.
Who’s hiring for these jobs?
- Government agencies.
- Accounting firms.
What is the best way to get this job?
You should network and make connections with people in the field. Aspiring forensic accountants need to attend conferences and events where they can meet like-minded individuals. This way, you’ll land the highest paying business degree jobs.
How do you become a forensic accountant?
#8. Personal Financial Advisors
How much do they get paid?
- Source: Glassdoor
- Low Range: $44k per year
- High Range: $377k per year
- Median Pay: $89,426 per year
What do they do?
Personal financial advisors help clients with investments, taxes, and insurance decisions.
This field is one of the highest-paying business majors. The median annual wage for personal financial advisors is $89,426.Â
What degrees are usually required?
Most employers will prefer an applicant with a business administration degree. If you have a degree in financial accounting or a related field, you may land your dream job in this field.
Which certifications are usually required?
You need certification from professional organizations certified by the National Association of Personal Financial Advisors (NAPFA) and the Certified Financial Planner Board of Standards Inc. (CFP).
Who’s hiring for these jobs?
They can work in banks, brokerage firms, insurance companies, and other financial institutions. They can also work as independent contractors.
What is the best way to get this job?
You may want to start by looking at job postings for financial advisors on job sites. You can as well network with other advisors in your area to seek vacancies.
How do you become a personal financial advisor?
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#7. Project Managers
How much do they get paid?
- Source: Glassdoor
- Low Range: $43,000 per year
- High Range: $519,000 per year
- Median Pay: $97,746 per year
What do they do?
Project managers coordinate a team to achieve a specific goal or set of plans. They set deadlines, assign responsibilities, communicate information, and monitor progress.
The median annual salary for Project Managers is $97,746, but pay will vary depending on your years of experience, the industry you’re in, and the size of your team.
What degrees and skills are usually required?
Most employers fill these management positions with applicants with at least an undergraduate degree in a field such as business administration or project management. But, some employers prefer that a candidate has an MBA (Master of Business Administration) or a master’s degree in a related field.Â
You should have excellent communication skills to work in project management. Strong leadership skills are also important because project managers often delegate tasks to other team members.
Who’s hiring for these jobs?
- Consulting firms.
- Multinational companies such as Cisco Systems.
- Care consortiums.
What is the best way to get this job?
Apply and interview for jobs you are qualified for. You can opt for low, or mid-level jobs to improve your skills. Then go for the highest-paying business degree jobs in project management once you have accumulated the necessary experience and abilities.
How do you become a project manager?
#6. Logistic Managers
How much do they get paid?
- Source: Salary Explorer
- Low Range: $56,300 per year
- High Range: $161,000 per year
- Median Pay: $106,000 per year
What do they do?
Logistic managers are responsible for planning and coordinating the transportation, distribution, and storage of goods. They also develop business relationships with customers and vendors.
The salary range for logistic managers can vary depending on experience level, geographical location, and the type of organization they work for. On average, they earn 106k annually.
Where do they work?
Most logistic managers work for companies that are in the transportation or manufacturing industry.Â
What degrees and skills are usually required?
The educational requirements for becoming a logistic manager typically involve a bachelor’s degree in logistics management or related experience in logistics operations.
A master’s degree in this field will land you a good-paying position in logistics.
Logistic managers must have excellent communication skills to be successful. They must be able to effectively communicate with their team members as well as customers and vendors.Â
How bright is their future?
BLS expects the job outlook for logistic managers to be steady over the next decade due to increased e-commerce sales, which will drive up the need for more efficient shipping solutions and supply chain management.
Who’s hiring for these jobs?
- Government agencies.
- Companies in the transport companies.
- Manufacturing firms
- Quality logistics firms.
What is the best way to get this job?
You can search online for companies hiring logistics managers or looking at job boards. Some websites can help you find the right job for you.
What is it like to be a logistic manager?
#5. Human Resource Managers
How much do they get paid?
- Source: Salary.com
- Low Range: $86,448 per year
- High Range: $135,744 per year
- Median Pay: $110,048 per year
What do they do?
Human Resource Managers (HRM) are responsible for overseeing a company’s human resources. They handle a variety of tasks like hiring and firing employees, setting wages and benefits, making sure the workplace is safe, and helping to resolve conflicts between employees.
Human resources management is one of the highest-paying business degrees in the US.
The annual yearly salary for a human resources manager is $110,048.
What degrees are usually required?
Companies prefer applicants with at least an undergraduate business degree in human resource management or a related field. Some employers may also want you to have a master’s degree and several years of experience working in human resources before hiring you as an HRM.
Who’s hiring for these jobs?
- Government agencies.
- Private companies.
What is the best way to get this job?
One way to get your foot in the door at a reputable company is to volunteer your services at local nonprofits or charities. You’ll gain experience dealing with people from all walks of life while also learning more about what they do each day.
What is it like to be a human resource manager?
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#4. Marketing Managers
How much do they get paid?
- Source: Salary.com
- Low Range: $83,000 per year
- High Range: $147,428 per year
- Median Pay: $110,118 per year
What do they do?
Marketing managers are the people who help a company develop a particular brand and then get that brand out into the world. They figure out a target audience, create content to appeal to them, pick out promotional strategies, and then determine how to measure the success of those strategies.Â
Where do they work?
Marketing managers typically work in an office environment as part of a team, but they also work independently. Their workday can vary based on what projects they’re working on, but it usually involves long hours and plenty of meetings.
What degrees are usually required?
The educational requirements for marketing managers are usually at least an undergraduate business degree in marketing or business administration. On-the-job training is also essential in this field. The average salary for marketing managers is about $110,118 per year.
Who’s hiring for these jobs?
- Tech companies such as Dell Technologies, Microsoft., Google, and Intel Corporation.
What is the best way to get this job?
You can start as a marketer’s assistant and work your way up from there. If you think you have what it takes, you can also apply for the job directly.
How do you become a marketing manager?
#3. E-Commerce Consultants
How much do they get paid?
- Source: Salary Explorer
- Low Range: $53,700 per year
- High Range: $186,000 per year
- Median Pay: $117k per yearÂ
What do they do?
E-commerce consultants advise businesses on how to improve their online sales. Their duties vary depending on the needs of the organization they work for. But they may develop and implement websites, create marketing campaigns, or make suggestions on how to increase sales.Â
The average salary for an e-commerce consultant is $117k per year, although this figure can vary widely depending on the consultant’s level of experience and expertise. This is one of the highest-paying business degree majors.
What degrees and experience are usually required?
E-commerce consultants must have at least an undergraduate business degree in an area related to e-commerce, such as business administration or marketing, with a concentration in e-commerce. Some employers prefer to hire candidates with master’s degrees in information systems or related fields.
Candidates for this position typically need at least three years of experience in areas related to e-commerce, such as website development or online marketing.Â
Who’s hiring for these jobs?
E-commerce companies hire these professionals to work in-force or remotely. The following are some of these companies.
- Coral, Chicago.
- SmartSites, Paramus.
- Kanda Software, Boston.
What is the best way to get this job?
You can apply directly to companies that hire e-commerce consultants. However, some agencies offer these services on a freelance basis.
What is it like to be an e-commerce consultant?
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#2. Sales Managers
How much do they get paid?Â
- Source: Salary.com
- Low Range: $86,000 per year
- High Range: $165,276 per year
- Median Pay: $123,551 per year
What do they do?
Sales managers are the people who are responsible for increasing sales in a company. They also help to organize, direct and coordinate the sales team members. These managers typically work with the team members to come up with new ideas and strategies that will help increase sales.Â
The amount of money the sales managers earn varies depending on many factors, including location, industry type, experience level, and education level. Sales Managers earn an annual average salary of $123,551.
What degrees are usually required?
As one of the highest-paying business degrees, sales managers typically have at least an undergraduate business degree in business administration or marketing. However, some companies may require you to have an MBA or other advanced degree if you wish to become their top sales manager.Â
Who’s hiring for these jobs?
Sales managers work for either private businesses or government-owned.
What is the best way to get this job?
The best way to land a sales manager job is to start as an assistant—that way, you can learn from the ground up. You can also find out if being a sales manager is the right career for you. Once you know what it’s like on the lower rungs of the ladder, then you can decide if this career path is for you.
How do you become a sales manager?
#1. Healthcare Financial Managers
How much do they get paid?
- Source: Salary Explorer
- Low Range: $90,600 per year
- High Range: $281,000 per year
- Median Range: $181,000 per year
What do they do?
Healthcare Financial Managers are responsible for managing the financial operations of a healthcare organization. They make sure that the organization’s funds are spent appropriately and work with other departments within the organization to develop budgets and forecasts.
As the highest-paying business degree on this list, the average salary for these healthcare officials is $181,000 per year.Â
What degrees are usually required?
These managers typically hold an undergraduate business degree in accounting or business administration. However, many employers will prefer a candidate with a graduate business administration degree.Â
Who’s hiring for these jobs?
These officials work in healthcare institutions such as hospitals.
What is the best way to get this job?
Focus on networking and getting your name out there. Almost 90 percent of jobs are filled through networking, so be sure to talk with professionals from all areas of your career field—including people who work at healthcare facilities.
Most Healthcare Financial Managers begin their careers as accountants or auditors before moving into management roles.
What is healthcare financial management?
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Conclusion
Since the business major is so diverse and encompasses many different occupations, it’s difficult to determine which specific careers will be the highest paying out of all the possibilities.Â
The best way to get a good job is through knowledge. The more you know about what you want to do, the better off you will be in the long run.Â
We hope that the highest-paying business degree jobs in this article will help you on your journey toward having a flourishing career in business.
