If you’re looking for a business degree that will lead to a great job, then you’ll want to read this blog post. We’ve compiled a list of the ten most in-demand business degrees. These degrees are hot in the job market, and employers are looking for graduates with these qualifications. So if you’re thinking about getting a business degree, be sure to check out this list!
Why are business degrees in high demand?
The business world is constantly evolving, and employers are always looking for graduates with the latest skills and knowledge. Business degrees provide students with the theoretical and practical skills they need to succeed in today’s competitive job market.
Here are the ten most in-demand business degrees:
- Business administration
- Management information systems
- Human resources management
- Information technology
Average salary: $69,350
Degrees in accounting are always in high demand. With the right mix of education and experience, accountants can find work in a variety of industries. The Bureau of Labor Statistics projects that the employment of accountants and auditors will grow 7 percent from 2016 to 2026, faster than the average for all occupations.
Whether you’re just starting out in your business career or looking to change directions, an accounting degree is a solid investment. Accountants are needed in every industry to help organizations run smoothly and efficiently. If you’re interested in a career in accounting, check out our list of the best online accounting programs.
Accounting pros and cons
- Can work in any industry. Accountants are needed in every industry to help organizations run smoothly and efficiently.
- Solid investment. The job market for accountants is always solid, no matter the state of the economy.
- Career path. There are many different types of accounting careers, so you can find one that suits your interests and skills.
- High paying opportunities. An accounting degree can lead to a high-paying job with great benefits.
- Can be repetitive. The work can be repetitive and sometimes mundane.
- Need to be detail-oriented. You need to be detail-oriented and have a head for numbers.
- Can be stressful. The work can be stressful, especially during tax season.
Average salary: $83,660
Finance degrees prepare students for a career in financial analysis and planning. Courses cover topics such as investment strategy, corporate finance, and risk management.
Most finance jobs require at least a bachelor’s degree. However, some entry-level positions may be available to those with an associate degree or some college coursework in business.
Some of the most popular finance jobs include financial analyst, personal financial advisor, and financial manager.
- Financial analysts. They research and analyze financial data to help businesses make informed decisions about investments.
- Financial analysts. Personal financial advisors provide advice on how to manage money and investment portfolios.
- Financial manager. Financial managers develop and oversee financial plans for businesses and organizations.
Most finance jobs require at least a bachelor’s degree. However, some entry-level positions may be available to those with an associate degree or some college coursework in business. Candidates for senior-level finance positions usually need a master’s degree in business administration (MBA) or a master’s degree in finance.
There are many different types of business degrees to choose from, but not all of them are created equal. Some degrees are more in-demand than others, and the job market is always changing. If you’re looking for a degree that will give you the best chance of landing a great job, check out our list of the most in-demand business degrees.
Finance degree pros and cons
- In-demand degree. Employers are always looking for finance graduates.
- Can lead to high paying jobs. Financial managers earn a median salary of $83,660 per year.
- Job security. The employment of financial analysts is projected to grow six percent from 2020 to 2030.
- It may be difficult to find a job without experience. The job market is highly competitive, and many employers prefer candidates with experience.
- Some finance jobs can be stressful. Financial analysts, for example, may work long hours to meet deadlines.
- You may need a higher degree. Many finance jobs require at least a bachelor’s degree, and some require an MBA or master’s degree in finance.
What are the most in demand business degrees?
This is a question that many college students ask themselves when they are trying to decide what to study. The answer may surprise you.
According to a recent survey of employers, the most in-demand business degree is in finance. This is followed by degrees in accounting, marketing, and information technology.
So, if you’re looking for a degree that will help you get a job after graduation, consider studying finance. With a finance degree, you’ll be prepared for a career in financial analysis and planning.
Average salary: $56,124
Business administration degrees are also in high demand. In fact, a bachelor’s degree in business administration is the most popular degree for employers, according to US News.
A bachelor’s degree in business administration can lead to a variety of different careers, such as human resources, marketing, and management. If you’re interested in pursuing a career in business, then this career path may fit your needs, because businesses of all sizes need managers to help them run smoothly and efficiently businesses operations.
With a degree in business administration, you can find work in a variety of industries, including healthcare, manufacturing, and retail. The job market for business administrators is expected to grow by seven percent from 2016 to 2026
What does this mean for job seekers? It means that if you have a business degree, you’re in high demand!
Business administration pros and cons
- In high demand. There are many businesses of all sizes that need managers to help them run smoothly and efficiently.
- It can lead to a variety of different careers. With a business degree, you can pursue a career in human resources, marketing, or management.
- It May be challenging to find a job without experience. While a business degree may be in high demand, many employers prefer candidates who have some experience in the field.
- You may need a master’s degree for some positions. A bachelor’s degree is the most common type of degree required for business jobs, but some jobs may require a master’s degree.
Average salary: $110,000
The Bureau of Labor Statistics projects that employment in human resources will grow by nearly nine percent between 2016 and 2026, adding about 75,000 new jobs.
Human resources managers are responsible for ensuring that an organization’s employees are hired, trained, and compensated fairly.
A bachelor’s degree in human resources or a related field is typically required for this position, and many employers prefer candidates with a master’s degree.
Human resources specialists are responsible for carrying out many of the day-to-day tasks associated with human resources management, such as benefits administration, employee recruitment, and training.
A bachelor’s degree in human resources or a related field is typically required for this position.
This job might be a good fit if you’re interested in working with people and have strong communication and organizational skills.
Human resources degree pros and cons
- Influence other people’s life. In some cases, people with a business degree end up working in human resources. They are the ones responsible for finding, interviewing, and hiring new employees. They also play a role in employee retention and development.
- Human resources degree can lead to a high-paying job. The job market is constantly changing, and with it, the most in-demand degrees. Human resources is one field that’s always in need of qualified candidates. A human resources degree can lead to a high-paying job with great benefits.
- Help people develop new skills. The most in-demand business degree is one that helps people develop new skills. With the ever-changing landscape of the job market, it’s important to have a degree that can help you adapt to new situations.
- It may be challenging to find a job without experience, but it’s not impossible. The most in-demand business degrees can help you land a job, even if you don’t have any experience.
- The most in-demand business degree may surprise you. It’s not necessarily the one that will make you the most money or the one that will get you the best job.
- It might be not easy to deal with employees. In any business, there are always going to be difficult employees. It is important to have a degree in human resources so that you know how to handle these types of situations.
Average salary: $57,200
A bachelor’s degree in marketing is another good choice for those who want to enter the business world.
With a degree in marketing, you can find work in a variety of industries, including advertising, public relations, and market research. Marketing managers are responsible for developing and implementing marketing plans.
They may also be responsible for managing a team of marketing specialists. A bachelor’s degree in marketing or a related field is typically required for this position, and many employers prefer candidates with a master’s degree.
This role might be a good fit if you’re creative, have strong communication skills, and are good at problem-solving.
Marketing degree pros and cons
- Many job opportunities. A marketing degree can lead to a career in advertising, market research, public relations, or sales.
- Can help you develop strong communication and problem-solving skills. Marketing can be a great way to learn how to sell, and it can also be very creative. If you want to go into business for yourself, a marketing degree can give you the skills you need to succeed.
- Sales. If you have good people skills and are motivated by commission, a career in sales could be a great fit for you. A degree in sales can give you the tools you need to be successful in this competitive field.
- The job market for marketing degrees is very competitive. There are many people with marketing degrees competing for a limited number of jobs.
- Marketing degrees can be expensive. If you’re not sure you want to pursue a career in marketing, it might not be worth the investment.
- You need to be comfortable with change. The marketing landscape is constantly changing, and you need to be able to adapt to new trends and technologies.
- You need to be a good communicator. Marketing is all about communication, and you need to be able to effectively communicate with customers, clients, and other marketing professionals.
- You need to be creative. If you’re not naturally creative, it might be difficult to succeed in marketing.
- You need to be patient. Marketing campaigns can take a long time to develop and implement, and you need to be able to see them through from start to finish.
If you’re considering a marketing degree, make sure you understand the downsides as well as the upsides before you make your decision. It’s not a decision to be made lightly, but if you’re up for the challenge,
Average salary: $91,250
With the ubiquity of technology in our everyday lives, it’s no wonder that IT is one of the most in-demand business degrees.
What’s more, jobs in IT are expected to grow by 12% from 2018 to 2028, according to the U.S. Bureau of Labor Statistics (BLS). That means there will be nearly 500,000 new IT jobs created in the next decade.
There are several reasons for this demand. First, as businesses become increasingly reliant on technology, they need more workers to manage and maintain their systems.
Second, the growth of cloud computing and big data is creating new opportunities for IT professionals.
This role might be a good fit if you’re interested in working with computers and solving complex problems. What’s more, IT jobs tend to be well-paid, with the BLS reporting that the median salary for IT professionals was $91,250 in May 2020
Information technology pros and cons
- Many job opportunities. As businesses become increasingly reliant on technology, they need more workers to manage and maintain their systems.
- Can be well-paid. The median salary for IT professionals was $91,250 in May 2020, according to the BLS.
- You can work in a variety of industries. IT professionals can find work in nearly any industry, from healthcare to manufacturing to education.
- The job market is competitive. There are many people with IT degrees competing for a limited number of jobs.
- You need to keep up with new technologies. The IT landscape is constantly changing, and you need to be able to adapt to new trends and technologies.
- You need to have strong problem-solving skills. IT problems can be complex, and you need to be able to find creative solutions.
- You need to be detail-oriented. Because IT systems are so complex, it’s important to pay attention to detail and follow instructions carefully.
Operations research analyst
Average salary: $86,200
Operations research analysts study data to help organizations make better decisions. They use mathematical and analytical methods to understand and interpret data, identify problems, and develop solutions.
Many operations research analysts work in the transportation industry, where they help companies plan efficient routes and schedules. Others work in the healthcare industry, where they use their skills to improve patient care and reduce costs.
Operations research analysts typically need a bachelor’s degree in operations research, mathematics, or a related field. Many have a master’s degree. Employers also value experience with computer modeling and statistical analysis software.
Operations research analysts held about 26,400 jobs in 2018. The largest employers of operations research analysts were as follows:
- Management, scientific, and technical consulting services.
- Finance and insurance.
This job might be a good fit if you have strong analytical and problem-solving skills and are interested in working with data.
Note: What’s more, operations research analyst jobs are expected to grow by 27% from 2018 to 2028, according to the BLS. That’s much faster than the average for all occupations.
Operations research analyst pros and cons
- It can be well-paid. The median salary for operations research analysts was $86,200 in May 2020, according to the BLS.
- You can work in a variety of industries. Operations research analysts can find work in nearly any industry, from healthcare to manufacturing to transportation.
- The job market is competitive. There are many people with operations research degrees competing for a limited number of jobs.
- You need strong analytical and problem-solving skills. Operations research can be complex, and you need to be able to find creative solutions.
- You need to be detail-oriented. Because operations research involves data and complex systems, it’s important to pay attention to detail and follow instructions carefully.
Average salary: $124,220
Sales managers are responsible for leading and motivating a team of salespeople. They develop sales strategies, set targets, and provide training and support to their team.
They also track sales data and performance metrics to ensure that their team is meeting its goals.
Sales managers typically need a bachelor’s degree, although some employers may prefer candidates with a master’s degree. They also need several years of experience in the sales industry
This job might be a good fit if you have strong leadership and communication skills and are motivated by meeting sales targets. What’s more, the BLS projects that jobs for sales managers will grow by five percent from 2018 to 2028.
These are just a few of the most in-demand business degrees. If you’re interested in pursuing a career in business, there are many options to choose
Sales manager pros and cons
- The potential to make a lot of money. The median salary for sales managers was $124,220 in May 2020, according to the BLS.
- The opportunity to lead and motivate a team. If you’re a person with strong leadership skills, this job might be a good fit for you.
- You need strong communication skills. You’ll be responsible for communicating your team’s sales goals and motivating them to reach those targets.
- You need to be able to analyze data. Sales managers need to track data and performance metrics, so it’s important to pay attention to detail.
- You need to be able to handle stress. This job can be stressful, especially when sales targets are not met.
- Long hours. Sales managers often work long hours, including evenings and weekends.
Supply Chain Management
Average salary: $102,800
With the globalization of business, supply chain management has become one of the most in-demand degrees. As businesses look to streamline operations and reduce costs, they are turning to supply chain experts to help them optimize their processes.
There are a number of different Supply Chain Management (SCM) degree programs available, but they all share a common goal: to help students understand the complex processes involved in managing a supply chain.
Most SCM programs will cover topics like logistics, transportation, inventory management, and supply chain planning.
Students will learn how to use various tools and software to manage supply chains, and they will also gain an understanding of the different factors that can impact a supply chain.
With a degree in SCM, graduates will be prepared for careers in a variety of industries, including manufacturing, retail, and transportation. And with the ever-growing importance of supply chain management, there is no doubt that this is one of the most in-demand business degrees today.
Supply Chain Management pros and cons
- Improves communication skills. One of the most important aspects of supply chain management is communication. In order to develop and implement effective supply chain strategies, you must be able to communicate effectively with all members of your team.
- Enhance problem-solving abilities. In order to be successful in supply chain management, you must be able to identify and solve problems quickly and efficiently. A degree in supply chain management can help you develop the skills you need to identify and solve problems quickly and effectively.
- A greater understanding of global markets. As a supply chain manager, you will be responsible for ensuring that your company’s products are delivered to customers in a timely and efficient manner. In order to do this, you must have a good understanding of the global market.
- The need to have strong organizational and time management skills. Supply chain managers must be able to juggle multiple tasks and projects at one time. They must also be able to effectively manage their time in order to meet deadlines.
- The need to have strong analytical skills. In order to be successful in supply chain management, you must be able to analyze data and make decisions based on that data.
- The need to be able to work well under pressure. Supply chain management can be a high-pressure job, and you must be able to handle that pressure in order to be successful.
- The risk of being exposed to hazardous materials. Some supply chain managers may be exposed to hazardous materials, such as chemicals and pollutants. It is important to be aware of this risk before pursuing a career in supply chain management.
What job can I get with a business degree?
A business degree can open up a lot of doors. With so many different types of businesses out there, it’s hard to say which ones are in the most demand.
However, as a whole, there are some degrees that seem to always be in high demand no matter the industry.
Average salary: $72,000
There is no doubt that entrepreneurship is one of the most in-demand business degrees. With the rise of the gig economy and the popularity of startups, more and more people are looking to strike out on their own and start their own businesses.
If you’re thinking about starting your own business, a degree in entrepreneurship can give you the skills and knowledge you need to get started.
You’ll learn about business planning, marketing, and financial management, all of which are essential for any successful business. You’ll also gain an understanding of the legal aspects of starting a business, which can be helpful in avoiding any costly mistakes.
Entrepreneurship pros and cons
- You’re the boss. When you’re an entrepreneur, you get to call the shots. You get to be in control of your own destiny, and that can be very empowering.
- You can make a lot of money. If your business is successful, you stand to make a lot more money than you would as an employee.
- You get to be creative. Entrepreneurship allows you to tap into your creativity and come up with new and innovative ideas.
- It’s a lot of work. Being an entrepreneur is not a nine-to-five job. You often have to work long hours, and it can be very challenging.
- There are a lot of risks. Startups are notoriously risky, and many fail. If you’re not prepared to deal with the possibility of failure, entrepreneurship may not be for you.
- It can be lonely. When you’re the boss, there’s no one to bounce ideas off of or to vent to when things go wrong. You can feel quite isolated.
What is the highest paying business degree?
The most in-demand business degree according to recent studies is a Master in Business Administration (MBA). This degree can be obtained from many different universities, and the average salary for MBA holders is around $130,000.
What is the most common business degree?
The most common business degree is the Bachelor of Business Administration (BBA). This degree is offered at many colleges and universities across the United States.
So, if you’re thinking about getting a business degree, be sure to check out this list! Not only will you be gaining in-demand skills, but you’ll also be setting yourself up for success in the job market.