Whether you are just completing your final year of business school or have embarked upon a business degree, you will undoubtedly be beginning to turn your attention to your ideal career pathway in business after your degree is complete.
So, with this in mind, continue reading to learn about six influential and rewarding careers you could pursue after the successful acquisition of a business degree.
1. Operations Research Analyst
Operations research analysts use their extensive business understanding and practical knowledge to help all kinds of companies operate more effectively and efficiently.
These analysts subtract the raw data and information from various sources across each department and adapt and change it into quality business insights using statistical analysis, mathematical modeling, and data mining techniques.
General roles and responsibilities of an operations research analyst include, amongst a myriad of others, the following:
- Validating and continuously testing business models to test for problems and levels of accuracy
- Analyzing and collating particularly large big data sets
- The advising on various business solutions to leadership and senior teams
- The development of a variety of mathematical models to solve a variety of problems
On average, the general salary for an operations research analyst is between $84,000 and $87,000 a year.
2. Business Administrator
A business administrator essentially directs the day-to-day running of the entirety of a company and the various departments throughout the business. One of the most effective ways to be as employable as possible if you want to pursue a career in business administration is to consider applying to start an online business analytics degree, which you can conveniently study around your current commitments.
The role of a business administrator is complex and involves the following duties and responsibilities:
- Communicating and conversing with clients and customers through emails, social media, and other means to build positive working relationships
- Keeping on top of phone calls, answering machine messages, and connecting each different call to the right department within the company
- The preparation of innovative plans and ideas to help improve the general operations of the business and to help streamline core business functions
- The invoicing of individual clients as well as collecting information about the company and using this information and data to negotiate contracts and agreements with both external and internal stakeholders
- Arranging travel and overnight stays for employees who are traveling for work and also helping with any issues should they arise during, before, and after the business trip
- Binding, printing, and editing written documents ready for publication and presentation by senior executives
- The timely follow-up of customer and client communications as well as the tracking of the company’s expenditure and billing and tracking each company and individual
3. Financial Manager
Financial managers are responsible for the financial health of a company and the proverbial buck always stops with them on all matters relating to business finances.
The role of a financial manager can sometimes be incredibly challenging and often means thinking on your feet and presenting quick-fire solutions to a plethora of different issues, with some of the main duties including the following:
- The direction of various activities relating to investment
- The development of extensively researched plans for long-term goals relating to finances
- Assisting management with everything related to financial decisions
- The production of economic forecasts and reports
- The analysis of current and future market trends
On average, the general salary for a financial manager is between $129,000 and $135,000 each year.
4. Management Analyst
Management analysts, often called management consultants, assist in increasing the overall profitability of a business by researching and sourcing different and often innovative ways to boost profitability and reduce overhead costs simultaneously.
General roles and responsibilities as a management analyst include, amongst a wide variety of others, the following:
- The examination of all data relating to finances as well as everything associated with employee reports
- The training of each and every employee in newly created and managed strategies
- Observing and interviewing in and around the office environment to evaluate company performance
- The recommendation of new procedures and changes within the company
The overall average salary for a management analyst is between $84,000 and $88,000 a year.
5. Company Fundraiser
For those who have excellent communication skills and who are always complemented and commended on their understanding of how to converse with people from all walks of life, one role that might be perfect for someone with a degree in business analytics is that of a company fundraiser.
Perhaps overtly obvious, the ultimate goal of a company fundraiser is to raise money for an individual company or business for whom they are working and implement the following techniques to help achieve this:
- The organization of events and company campaigns to encourage monetary donations
- The analysis of what it is that is important to potential financial donors
- The maintaining of each and every donor file and all donation records pertaining to where the money went and how and when it was spent
- The training of other employees under you, as well as volunteers, to help raise funds for the business or its campaign in the right way
On average, the general salary for a company fundraiser ranges between $57,000 and $61,000 anually.
6. Market Research Analyst
As the job title suggests, the primary role of a market research analyst is to study the marketplace in which the company is involved and how rival companies and individual competitors deal with inevitable issues.
Typical roles and responsibilities of a professional market research analyst include, but are not limited to, the following:
- Engaging in extensive research regarding competitors, consumers, and innovative services and products your company could move on to provide
- The development of new and creative ways to collate and sort customer information and data
- The presentation of insights in a concise and easy-to-understand manner
- The predicting and subsequent monitoring of recent consumer trends
Lastly, on average, the salary for a market research analyst ranges between $62,000 and $66,000 a year.