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Education

5 Types of Business Degrees to Consider

A business degree is one of the most marketable degrees out there, with guaranteed job security due to high demand. In addition, there will always be a business component to every field out there, making a degree crucial to have during economic problems such as recessions. Below is a list of the best types of business degrees to consider to give you the best options for a successful career path.

Business Management

business management is essential to anyone wanting to attain a management position within a company. These people are the leaders responsible for supervising the team for the benefit of the business. Business management degrees can get you a job in sales management, marketing management, or Retail general management, to name a few. The average salary pay for business management is between $30,000 and $150,000, with an average growth of about 6%. You will also be able to understand how to start your own business with this degree.

Business Finance

Finances are the backbone of any business. A business finance degree opens many doors to an endless supply of employment opportunities that require the use of funds, like banking, real estate, corporate finance, and so much more. The degree teaches you the fundamentals of practical applications with multiple fields of asset valuation to increase the chances of success in the vast pool of job options. The average salary for a business finance degree is between $60,000 and $170,000. This degree has one of the highest growth rates of about 15%.

Business Marketing

Good marketing is responsible for a vast number of business sales, so understanding good business marketing techniques is crucial to the success of any business. In addition, this versatile career path can lead to other exciting job opportunities in advertising and public relations. You don’t even have to be a creative person to succeed in this field. The degree teaches the various methods of marketing for businesses and how to lead a team to generate revenue. Marketing is a versatile, high-demand job that pays very well from $50,000 to $200,000. The job growth for this degree is expected to rise at least 6% or more. Even though this is one of the lower on the list, it makes up for it with a vast outcome of job opportunities and high pay.

General Business

If you’ve ever heard the phrase jack of all trades, master of none is better than master of one, then it must have been talking about a general business degree. This is one of the most popular fields to get into. The education spans the basics of everything related to management to give you a well-rounded experience to work just about anywhere related to business. The average salary for a general business degree is hard to pinpoint since the job market potential is more vast than most. An estimated salary between $20,000 and $108,000 is a good start. The job growth is about 11.92%. The general business degree sets you up to expand your education with different fields if you choose to do so

International Business

With the international market growing every day, it’s beneficial to understand how commercial transactions occur from a cross-cultural perspective. Businesses value leaders who understand how to work globally to help manage under the independent national economy. If you feel up to the challenges and rewards of working across countries, then an international business degree is the way to go. The average salary is estimated between $18,500 and $123,000, with a job growth rate of 10.80%. An international business degree isn’t so much different than a general one. The expansions come from understanding businesses overseas.

Having a well-rounded understanding of business gives you the best possible career security in an unpredictable market. Business degrees pay well, and the future growth for these fields looks optimistic. No matter what you choose, each field is designed to teach you skills that translate well to different areas within a business. With a business degree, you have the freedom to find the right industry to fit your needs.

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