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Thursday, May 13, 2021

TOP SEVEN HIGHEST PAYING JOBS IN BUSINESS

Being modest in the field of business is one thing, but staying in one place, knowing that you deserve more, is another. Situations like these make you wonder whether or not your degree was worth it. Nowadays, jobs in business aren’t just about wearing suits, seated in neatly organized cubicles, and 9-to-5 schedules.

Now that the business world is vivid and full of prospects, a career in business is more lucrative than ever in the long run. Average employees working in the business sector can find high-paying jobs in company management, accounting, market research, logistics, finance, and more.

Taking up a career in business makes you strategic, flexible and offers more opportunities for finding work. It may seem challenging as soon as you complete your degree, but in the long run, you’d have better chances of employment than almost any other career. To help you understand and choose a career in business, we’ve put together a list of the top seven best-paying jobs in the business sector.

1.Management Analyst 

Collecting data and aligning it for use is one of the best jobs any business major can lay their hands on. A management analyst evaluates and determines the best means of restructuring enterprises to maximize investments, profits, and above all, efficiency. Management analysts are well-praised because they are the problem-solvers for the business industry and formulate ways of helping companies remain competitive.

Furthermore, if you want to strive for more greatness, opting for an analytics degree online can help you play a leading role in structural decision-making.

Typically, management analysts earn between $45 – $55,000 annually. With more knowledge and experience in the field, you can earn up to $99,700 annually.

2.Entrepreneurship 

One of the biggest misconceptions about the term “entrepreneurship” means long hours of work; it isn’t true. Entrepreneurs are the directors of business enterprises who launch, designate, design, produce and market their business for financial profit.

If you choose to be an entrepreneur, you will learn how to set up businesses, mitigate risks, grow, and expand your horizons about new ideas. An entrepreneurship program covers specific topics, including statistics, international entrepreneurship, new venture creation, public speaking, and macroeconomics.

Moreover, entrepreneurs often advance to build careers as sales managers with intermediate salaries of $75,473 annually, though earnings may vary by level of responsibility.

3.IT Systems Manager

Another high-paying business job belongs to an IT systems manager responsible for coordinating, directing, and planning all of the company’s computer-related infrastructure. Other than that, IT systems managers are involved in monitoring the installation of computer hardware, setting up software, looking for new tech upgrades, ensuring network security, and directing the tasks of other IT experts.

IT systems managers can earn an annual wage of up to $136,280 for employing computer networks that meet the organizational goals.

4.Project Management 

Working as a project manager will be worth the decision if you have leadership skills. As a project manager, you’d be required to manage people in teams, supplies, workflows, and costs. This program will help you learn about planning, managing, and executing company projects and take courses such as risk management, project leadership, and teamwork.

As a qualified project manager, you may work as a business analyst in manufacturing, education, healthcare, or any other industry. Moreover, the average income of project managers is around $81,166 annually.

5.Chief Executive Officer

When it comes to climbing the managerial ladder with efficiency, becoming a Chief Executive Officer will help you get there. Chief Executive Officers are the top executives within corporations, companies, and organizations.

CEOs often oversee the day-to-day operations of an organization and report to a board of directors. CEOs handle a company’s strategy, finance, and marketing aspects of the business and delegate responsibility to managers and other dedicated departments like HR and administration for tasks like terminating and hiring staff, managing public relations, handling office equipment, and maintaining safety compliance.

Lastly, annual earnings for Chief Executive Officers can range from $62,900-$137,020.

6.Human Resources Managers

Human Resources Managers are responsible for training, compensating, cultivating, and retaining a company’s talent.

Human resource managers motivate, improve and instruct the morale of an organization’s most precious resources: its employees. In addition, HR managers also offer strategic planning to enhance productivity and the overall functionality of an organization.

Human resources managers are needed to focus on handling employee benefit programs, attendance issues, and incentive programs in most organizations. Therefore, a good hand in HR can help you earn an income of $73,480-$126,050 annually.

7.Personal Financial Advisor

If you’re known for making viable financial decisions and understanding the science of analyzing economic openings, a job as a personal financial advisor would be a good fit. These professionals advise clients on making suitable investments, managing their money, and minimizing tax burdens.

Most personal financial advisors work in credit intermediation and financial investment departments. Some PFAs even work for exceptionally wealthy families or an individual. Since everyone is interested in improving their financial state by making reasonable financial decisions, there is a lot of potential growth in this job segment.

Personal financial advisors can earn between $87,850 to $154,480 yearly.

Conclusion 

Unfortunately, we have to end here, but that doesn’t mean it’s the end for you. You still have an ocean of opportunities to explore. Remember, there’s no shame in wanting more for your career, but it’s often hard to get your foot through the door.

Remember, salary isn’t everything, and you won’t be happy making money in a job that doesn’t suit you. Even though the business sector has its pros and cons, not everyone is suited for this career. Therefore, if you have what it takes to pursue any of these job titles, take the plunge.

Thanks For Reading 
More Read On Forbes Magazine 

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