Get Serious with Business School
Want to get ahead in business? An education may be on your horizon. Whether you're interested in sales, marketing, entrepreneurship, managerial positions, or another focus entirely, formal training in business has you covered.
The business world is vast, which means you may find a niche that interests you. A business degree may help you find a stable career that might just reward your knowledge and experience with a six-figure salary. A business degree may help get you on your way, whether you're looking to strike out on your own or join the ranks of a Fortune 500 company.
Education Necessary in the Business World
While entry-level sales jobs and small-business management positions may be possible for those with a high school diploma, working your way up in the business world may require formal training. Hiring managers for competitive positions often look for at least a bachelor's degree from potential employees. Upper-level management may require a master's degree such as an MBA.
The MBA: Business' Gold Standard
The master's of business administration degree offers a close look at a varied range of business. If you're looking for a way to deepen your existing knowledge and experience in the business world, an MBA may be just what you're looking for.
Typical specialization within the degree may include accounting, economics, entrepreneurship, finance, management, human resources, international business, marketing, information systems, telecommunication, and more. Some schools may offer even more specialized concentrations, such as consulting, sports management, or real estate.
Typical Salaries Across Business
Salaries in the business realm are as varied as industry itself. However, here are a few salaries from popular sales jobs in the business world. Mean annual salaries are based on 2007 numbers provided by the Bureau of Labor Statistics.
- Advertising sales agents: $52,290
- Real estate brokers: $79,800
- Travel agents: $32,190
- Sales employee supervisors: $78,170
For operations managers, accuracy and common sense are essential strengths. Here are a few typical salaries for popular operations specialties.
- Financial managers: $106,200
- Purchasing managers: $90,430
- Human Resources managers: $99,810
The view from the top is an enviable one: high salaries and travel benefits are just a few of the perks for top executives. Check out mean annual salaries for chief executives in some of business' most lucrative fields.
- Securities and commodity contracts intermediation and brokerage: $196,450
- Depository credit intermediation: $155,760
- Elementary and secondary schools: $117,010
- Management of companies and enterprises: $174,560
Big Business Benefits from Education
The training you receive in a business degree program can benefit you through your entire career. Hiring managers often prefer or require formal training, particularly for chief executive officers and other high-level managers.
Working your way up in business requires grit, determination, and willingness to work long hours. If you're up for the challenge, training can provide the knowledge to pair with your passion. Whether you want to go international with your business knowledge or start a company close to home, a college education can get you there.