General business is quite a versatile degree that allows its holders to pursue different career paths. You see the fruits of the labor in careers with general business degrees everywhere. They are the ones responsible for some of the biggest billboards and smallest tarpaulins, managing a team of sales staff, providing financial advice, and so much more.
Having a general business degree under your belt exposes you to a host of general business careers. In this article, we will discuss four of the most common general business careers and their corresponding salaries.
Careers for a General Business Degree
1. Personal Financial Advisers
Personal financial advisers give sound financial advice to clients on small and significant financial decisions. These include investments, insurance, and tax handling. However, being a financial adviser is not exclusive to general business. You can be a financial adviser if you hold other degrees such as accounting, mathematics, economics, and finance. Although, even someone with a mass communication degree can turn into a financial adviser.
Annual Salary: The average annual salary for this position is $59,314, but this varies widely according to the experience the financial advisor has.
2. Sales Manager
Sales managers handle teams of sales members, analyze sales performance, and forecast sales targets. They are responsible for training new sales talents, enhancing the productivity of the sales team, and thinking of new ways to conduct sales-related processes. A general business degree will better your chances at becoming a sales manager with little to no prior field experience. Without a graduate degree, you are usually required to have 4 to 5 years of expertise in the sales field.
Annual Salary: Sales managers earn an average of $108,615 yet they also make anywhere from $93, 245 to $128,966 depending on expertise.
3. Management Consultants
Management consultants, also known as management analysts, advise managers of any industry or niche on how to increase work productivity and profitability. However, these consultants spend copious amounts of time analyzing current work practices, assessing strengths and weaknesses, and coming up with suggestions to improve efficiency. This job also involves a lot of theoretical and practical know-how of how an organization works.
Annual Salary: Management analysts earn an average of $81, 320. Furthermore, depending on experience, they can make anywhere from $46,000 to $150,200.
4. Advertising and Promotions Managers
Advertising and promotions managers are one of the most in-demand careers with a general business degree. These advertising managers are responsible for planning and implementing marketing strategies. Also, they are the ones responsible for local and even international marketing campaigns that aim to increase brand awareness and revenue. They also handle market research, internal and external communications plans, plus initiating and negotiating advertising contracts.
Annual Salary: Advertising and promotions managers earn anywhere from $70, 000 to $100, 000 depending on their industries or niche.
General business careers are often found in the financial and business sectors such as banks, financial institutions, and corporation. It opens doors for management positions for those with enough experience, expertise, and advanced studies. However, the salary of standard business careers largely depends on the profitability of the industry and the individual’s competencies.
With variety comes the growing need to choose the career you pursue carefully. The best extensive business career for you should give you personal satisfaction and should benefit from your strengths.