It was Andy Warhol who said that “making money is art and working is an art and good business is the best art”. The thought of being in the business field for many people often translates to money, lots of it. However, it does not work that way. Like Andy Warhol, it is an art whose principles need to be learned so that it can be properly harnessed to generate results. If you want to explore a new career path in the field of business, it is important to note that it equally takes dedication, time, and action to be successful just like other fields of interest. However, we have listed out the top ten paying jobs you can explore in the business field to put you ahead in your financial plans.
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Table of Contents
Benefits of pursuing a career in the business field.
As a newbie who wants to explore a career in the business field, you stand to gain the following benefits:
1. Development of management skills
Exploring the business field helps you build your management skills as it is crucial that you know about management for you to thrive in this field. It doesn’t matter if you want to become an entrepreneur, or you want to work in the corporate world, it is important that you imbibe management skills to thrive, and pursuing a degree in the business field will help you to do just that. Some of the important management skills you need to imbibe include leadership, presentation, problem-solving, project management, and so on.
2. Broadened knowledge about multiple disciplines
Embracing a career in the business field will push you to learn about other disciplines because you need the knowledge to thrive. Human resources, finance, and consultancy are some of the disciplines you will learn from. Additionally, knowledge cannot be too much and all of this will help you in your career and even in your personal life.
3. Access to high-salary
When it comes to matters like finance, business, and economy, it should not be taken with levity as so many things depend on it. If a country has a stagnant economy, it affects everyone and everything. Due to the high professionalism and efforts required to work in this field, it is often compensated with high remuneration. Most especially for people who work in prominent and notable companies.
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4. Increase employability
Getting a bachelor’s degree in business management provides the opportunity for you to be employable because of the skills you have gathered that are essential in the business world. People work to get money, and companies and establishments function to make a profit. If the processes aren’t professionally managed, companies will run at a loss and no one wants this. This is why the demand for professionals in the business field who are highly skilled is necessary. As they will be able to work effectively to meet the company’s goal.
Top 10 Highest-Paying Jobs in the Business Field.
Seeking to pursue a career in the business field but don’t know the exact job to prepare for? We have provided a list of the top 10 highest-paying jobs in this discipline that you can explore.
1. E-commerce specialist
A career path you can explore in the business field is being an e-commerce specialist. An e-commerce specialist is responsible for the implementation of strategies to enhance online transactions and processes. It entails deciding on the products to publish on the e-commerce portal. An e-commerce specialist must have a knowledge of how technological tools work to enable them to be effective in their practices. The salary range of an e-commerce specialist is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| E-commerce specialist | $53,476 | CA$59,712 | £37,487 |
2. Business systems analyst
This is another guaranteed high-paying job in the business field and professionals in this field are responsible for determining the institution’s requirements, reviewing the internal system’s protocols, and checking the cost of the estimations to enable them to make proper decisions among other roles. A business analyst must be innovative and imbibe problem-solving skills to thrive in this field. The salary range of a business systems analyst is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Business systems analyst | $92,981 | CA$80,554 | £52,502 |
3. Business intelligence analyst
A business intelligence analyst is also called a Bi analyst and they are responsible for gathering and compiling data about specific companies or their competitors. Furthermore, they use the information obtained to develop strategies to help companies improve their effectiveness, and achieve their goals and market standings. The salary range of a business intelligence analyst is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Business intelligence analyst | $98,218 | CA$83,066 | £49,361 |
4. Investment bankers
Investment bankers are responsible for conducting research, overseeing company mergers, and raising capital for businesses or individuals amongst other duties. They are to have excellent research and writing skills as they will be responsible for giving updates about their findings. Also, they are to prepare legal and financial documentation to be useful for companies. The salary range of an investment banker is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Investment banker | $270,765 | CA$83,253 | £52,535 |
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5. Portfolio manager
Additionally, this is another high-paying job in the business field. Portfolio managers are responsible for for managing the portfolios of their clients which are usually companies and then ensuring that their investments yield profitable results. They develop strategies to help companies invest wisely so that they can get attractive returns on investment. They analyze the market trends before making decisions that must be in favor of their clients. The salary range of a portfolio manager is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Portfolio manager | $144,141 | CA$136,574 | £80,049 |
6. Internal auditor
Internal auditors help companies properly establish and maintain financial accuracy and internal control. They are responsible for the implementation of strategies that are aimed at improving their client’s internal practices so that they can minimize financial and business risks. The salary range of an internal auditor is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Internal auditor | $71,642 | CA$85,633 | £53,055 |
7. Sales Manager
The sales manager heads the sales team of their company. Additionally, they are responsible for setting sales goals and drafting sales plans that will ensure that the company generates profits at the end of the day. They also provide their teammates with the necessary training and guidance they need to be effective in carrying out their duties. The salary range of a sales manager is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Sales manager | $107,090 | CA$90,083 | £60,356 |
8. Market analyst
As the name implies, a market analyst is responsible for analyzing the market trends and providing their clients with the information so that they can develop structures and strategies to help them achieve their planned goals. The information they collate and analyze is also essential in the prediction of future trends so that companies can guard against any negative pattern that might hinder their growth. The salary range of a market analyst is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Market analyst | $67,484 | CA$72,815 | £49,552 |
9. Economist
Being an economist is also a profitable career path in the business field. Economists are responsible for advising companies, businesses, and government agencies on the best decisions to make economically. Additionally, they develop models that predict financial developments and trends. The salary range of an economist is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Economist | $122,752 | CA$92,964 | £53,803 |
10. Corporate Controller
Corporate Controllers supervise the financial and accounting operations of companies. They create workable and realistic financial policies and help perform risk assessments so that economic concerns and risks are reduced to the barest minimum. The salary range of a corporate controller is seen below:
| Jobs | United States | Canada | United Kingdom |
|---|---|---|---|
| Corporate controller | $168,532 | CA$148,987 | £49,091 |
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Top 10 Business Schools Globally
We have compiled a list of the top 10 business schools globally according to the QS World ranking. They are:
| School | Location | QS World Ranking |
| Harvard University | Cambridge, United States | 1 |
| INSEAD | Fontainebleau, France | 2 |
| London Business School | London, the United Kingdom | 3 |
| Stanford University | Stanford, the United States | 4 |
| Massachusetts Institute of Technology | Cambridge, United States | 5 |
| University of Pennsylvania | Philadelphia, United State | 6 |
| Bocconi University | Milan, Italy | 7 |
| University of Cambridge | Cambridge, the United Kingdom | 8 |
| University of Oxford | Oxford, United Kingdom | 9 |
| HEC Paris School of Management | Paris, France | 10 |
Courses/Degrees to help you start a career in the business field
If you want to start a career in the business field and you are wondering what courses you can explore, we have listed some options for you:
Degrees
- Business Administration
- Marketing
- Accounting
- Economics
- Entrepreneurship
- Finance
- International Business
- Social Entrepreneurship
- Business law
- Digital and Social Media Marketing
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Certifications
- Certified Manager (CM)
- Project Management Professional (PMP)
- Professional in Business Analysis (PBA)
- Certified Brand Manager (CBM)
- Certified Supply Chain Professional (CSCP)
Start with us
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Enrolling in the top universities in the world can increase your chances with employers. Unfortunately, it can be quite expensive to study abroad due to the current economic crisis. But this shouldn’t limit you as there are other options you can explore to enhance your career.
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