Thinking about a career in business? It makes sense. The industry offers high salaries, good career development, and the chance to work at some of the biggest companies in the world. But be careful: there are some jobs that require a business degree.
These jobs might be more advanced and require the knowledge gained from a specialist degree. Or, they may be at a higher managerial level, and thus require a higher level of education. Either way, if you’re interested in one of these jobs, you’ll have to get a business degree first.
Here are six jobs that require a business degree.
6 Jobs That Require a Business Degree
1. Financial Manager
As a finance manager, you’ll be responsible for overseeing the finances of a business or organisation. This means you’ll make decisions related to financial matters and produce budgets for the company.
As a managerial role with a lot of responsibility, this is one of those jobs that does require a business degree. In a typical undergraduate business degree, you’ll usually take core courses in finance, giving you the basic skills to be able to analyse financial information, develop financial strategies, and make appropriate decisions.
However, you’ll also be the head of a team, and your business degree will also have given you a range of leadership skills to ensure you can manage a team responsibly.
2. Supply Chain Manager
Interested in overseeing how raw materials get created into things that people can use? Then you might consider a career in supply chain management. This role requires you to manage and coordinate a supply chain, which could be in a variety of industries including retail, construction, or food.
The supply chain manager will put together a strategy to link up the production, shipment, and distribution of a product. As such, you’ll have analytical and decision-making skills, and a keen eye for where financial savings could be made in the supply chain.
Supply chain management is usually another core subject in a business degree, so you’ll graduate with the knowledge and skills necessary to take on a junior role in supply chain management.
3. HR Officer
Human resources is an integral part of any business, concerned with the people who work there. As an HR Officer, you’ll be responsible for making sure that your company or organisation follows employment law. However, you’ll also be on hand to support employees with any problems they have relating to their employment.
You’ll pick up many of the skills most needed for a role in HR during your business degree, including communication, decision-making, and teamwork. However, the more in-depth skills, such as on specific employment law, you might pick up during training.
4. Investment Banker
As with a career as a financial manager, you’ll pick up many skills related to investment banking during a business degree. Most importantly, you’ll learn about how to analyse the stock exchange and make decisions relating to investment. These are key as an investment banker, a role that requires you to advise companies on how maximise their investments and financial strategy.
Most importantly, you’ll also advise companies on mergers and acquisitions (M&A), lending, and raising capital. All this requires an in-depth knowledge of finance and financial institutions. Consequently, some high-level investment banking jobs will also require a master’s degree as well as a bachelor’s degree in business.
5. Risk Manager
Want to work in business and are interested in evaluating threats and opportunities? A career as a risk manager might be right for you. This is another job that requires a business degree, but there are also specialised Masters in Risk Management if you want to gain more advanced knowledge about the sector.
As a risk manager, you’ll perform risk assessments, evaluate the outcomes of financial decisions, and organise insurance budgets. As you can see, this is a varied job, featuring skills related to finance, insurance, and leadership. A business degree will prepare you well for such a role as you’ll learn a broad range of skills during your programme.
6. Market Research Analyst
Market research analysts’ main job is to study the marketplace. it’s your job to study the marketplace. You will define your company’s positioning, comparing it with other companies in the industry. Your objective will be to help research market products and monitor and predict sales trends.
There are lots of jobs available in business, but some of them do require a business degree. However, you’ll find that a business degree doesn’t just make it easier to attain the jobs we’ve described here. Gaining a degree will also make you a more competitive candidate for other roles, too.
If you’re set on completing a business degree, make sure to check out EDUopinions verified student reviews for universities and business schools in Europe. e