Top 6 Highest Paying Jobs for Business Majors

wpadminSeptember 20, 2022

14 4 minutes read

What’s the highest-paying job for a business major? This is an important question to answer before you enter the workforce, as this will provide some helpful insight on what careers are best for your skillset. In this article, we will consider a comprehensive list of the highest-paying jobs for business majors.

Contents hide

1 Financial Analyst

2 Accountant

3 Financial Adviser

4 Supply Chain Manager

5 Human resource manager

Financial Analyst

Financial analysts are generally responsible for determining the financial health of a company and developing and recommending strategies to improve it. They work with a variety of stakeholders, including executives, investors, and other financial professionals.

The average salary for a financial analyst is $86,000 per year. The highest-paying career path for a financial analyst is as a financial controller. These professionals manage the finances of large companies and earn an average salary of $139,000 per year. Other high-paying careers for financial analysts include investment bankers, investment analysts, and risk managers.

Accountant

Accountants are responsible for tracking and managing finances for businesses. They ensure that all financial transactions are accurate and compliant with government regulations. In addition, accountants provide financial analysis to help businesses make informed decisions.

The highest paying career in accounting is as a certified public accountant (CPA). As of 2016, the average salary for CPAs was $111,000. The top 10% of earners earned an average salary of $157,000.Other high-paying careers in accounting include auditors, tax preparers, and financial managers.

Auditors work with businesses to ensure they are complying with government regulations and conducting financial audits. Tax preparers help businesses prepare their taxes in a timely manner. Financial managers manage the finances of businesses. Large organizations may have their own financial managers separate from their corporate finance department.

Financial Adviser

One of the highest paying jobs for business majors is as a financial adviser. Financial advisers work with clients to help them manage their money and make the best decisions for their businesses. They advise clients on the right steps to take and warn them against bad business decisions. They may offer advice on investments, savings, and retirement planning. Financial advisers earn up to $50,000 and more.

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Supply Chain Manager

A supply chain manager is responsible for ensuring that the goods that are being produced by a company are delivered on time, in the correct condition, and at a cost that is within budget. They are known to work with different departments within a company to make sure that everything from the manufacturing process to the distribution and sales of products is running smoothly.

The highest paying jobs for business majors include supply chain managers. According to The Bureau of Labor Statistics (BLS), the average salary for a supply chain manager was $110,950 in 2017. This is significantly higher than the general salary for other business majors.

In fact, the BLS estimates that the demand for supply chain managers will grow by 31 percent between now and 2026. So if you want to pursue a career in business, studying supply chain management may be your best bet.

Human resource manager

Human resource managers are responsible for all aspects of employee management, including recruitment, retention, and compensation. They work with other departments in the company to create a workplace that is fair and equitable for all employees. Human resource managers typically have a master’s degree in human resources or business administration.

The highest paying jobs for business majors are typically in human resources or business administration. These positions often require experience in recruiting, managing employee relations and developing and implementing budgets. Salaries vary depending on experience and skills, but the median salary for human resource managers was $86,590 in 2017.

Human resource managers are responsible for all aspects of employee recruitment and retention. They work with departments to identify the needs of their company and develop a plan to fill those needs. They also work with employees to ensure they are being treated fairly and with respect.

The highest paying jobs for human resource managers include positions in senior management, human resources director, and recruiting coordinator. These jobs often require a graduate degree in business or human resources. However, many human resource managers start their careers in entry-level positions.

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Portfolio manager

One of the top highest paying jobs for business majors is a portfolio manager. A portfolio manager is responsible for managing and investing the money of a company or organization. They need to have excellent financial skills as well as knowledge of securities and investment markets.

The median salary for a portfolio manager was $170,000 in 2016. However, the top earners can earn up to $350,000. The best way to become a portfolio manager is to have a degree in business or economics. However, even if you don’t have a degree in these fields, you can still become a portfolio manager with the right skills and experience.

There are several important responsibilities of a portfolio manager. They need to make sure that investments are made in accordance with company policy and objectives. They also need to monitor the performance of the investments and make any necessary changes. Finally, they must ensure that all financial records are accurate and up-to-date.

Conclusion

If you’re passionate about your business and you have a degree in a business-related field, you may be interested in pursuing one of the top highest-paying jobs for business majors. Although there are a variety of positions available, each typically pays well above the national average wage. If you’re thinking about choosing a career, conduct proper research. For more info on high-paying jobs, kindly visit dailygam.com