This is a guest post from CareerBliss.com, an online career community and resource dedicated to helping you find joy and success at every step in your career. CareerBliss discovers the hidden influences that drive your work happiness and offers you the tools to help you unlock your bliss potential.
As one of the fastest growing and opportune majors, business has been steadily increasing as the popular choice among undergrads. According to the National Center for Education Statistics, the business has been the most conferred degree—by both men and women—for the past several consecutive years.
It makes sense why it’s so popular. At this age, most of us have—at most a vague idea— about what we want to do for a living. The beauty of a business degree is that there is no linear path. So even if you aren’t exactly sure what you want to do in 10 years, business is extremely versatile when it comes to job opportunities. So now that so many of you are about to graduate with a business major, how can you narrow down your job search?
One way to start is by considering job titles that other young professionals have deemed highly-satisfying. We came up with a list of the happiest young professionals in business by sorting through thousands of job reviews from entry-level professionals. Here’s a quick rundown of each of the job description and average salary*:
#1 Business Administrators
The primary function for business admin professionals is to ensure that the facility, services, and operations of the business are functioning smoothly. This is an open-ended term for the go-to professionals who ensure that the internal business is functioning as efficiently as possible, and the actual tasks can vary from company to company.
Average Business Administrator salary: $48k
#2 Human Resource (HR) Specialists
HR is an integral department, especially for larger companies. One of their primary tasks is facilitating the internal recruiting to meet the demand of open positions. In addition, they carry out the logistics of new hires and manage all of the employees’ benefits and workplace issues. HR professionals must be well-versed in the company’s policies and have superior people skills
Average Human Resource Specialist salary: $39k
#3 Business Consultants
The term consultant varies widely in terms of the actual day-to-day duties. Overall, however, business consultants are all about problem solving. They must have extremely developed analytical skills that will facilitate detection of company weaknesses. Consultants are brought on to most businesses to increase the success of various components of the business, whether your specialty is HR or management or finance.
Average Business Consultant salary: $70k
#4 Trading Analysts
Professionals who are interested in stocks and investment side of finance should consider becoming a trading analyst. Your job would primarily entail analyzing the transactions that occur at the trading desk, where companies and banks trade investments, including equities, futures, securities, and more.
Average Trading Analyst salary: Roughly $54k
Whether it’s for a small, large, or independently contracted company, accountants are responsible for tracking and managing the financial records involved in a given business. They are also accountable for ensuring that the company is making efficient use of the revenue and money spent. Accountants are needed in all fields and in both the private and public sectors of business.
Average Accountant salary: $47k
#6 Business Analysts
While business administrative professionals are responsible for the day-to-day functionality of the business’ services, business analysts have a stronger focus on the processes and methodology that a company follows in carrying out major projects. They look at the grander scale and ensure that they are implementing the best solutions for a given company.
Average Business Analyst salary: $69k
#7 Financial Analysts
While business analyst focus on the efficiency and solutions for the processes of carrying out projects, financial analysts are responsible for determining the economic performance of the company in relation to the company’s investments. Most of the time, financial analysts are hired at larger companies who can afford to consider making investments. Financial analysts are generally accountable for determining a business’ worth in relation to the economy.
Average Financial Analyst salary: $58k
#8 Tax Examiners
Tax examiners are responsible for reviewing businesses’ tax returns, payables, and check for accuracy in all tax transactions. There are opportunities for tax examiners in all sectors, from federal to private companies. The Internal Revenue Service (IRS) of the government, for instance, is primarily responsible for confirming legitimacy of credits and deductions. Tax examiners must be familiar with tax law because part of the job entails checking for compliance.
Average Tax Examiner salary: $34k
#9 Budget Analysts
Similar to that of a financial analyst, budget analysts also ensure that the company is allocating their finances in the most efficient way possible. The difference is that financial analysts generally study the market value in relation to stocks while budget analysts focus on the company’s internal budget. They must also find ways to improve the efficiency and increase profits.
Average Budget Analyst salary: $57k
Auditors’ responsibilities can range widely, but are primarily focused on advising companies of the most accurate methods of carrying out various financial systems. Their job entails assessing the accuracy of a company’s business procedure and outcome. Depending on the chosen specialty, auditors in business advise businesses on the best practices for accounting systems, management, budgeting, etc. Salaries can also vary widely, depending on the industry.
Average Auditor salary: $36k
*The average salary is a rough estimate based on an aggregation of thousands of salaries to date submitted by professionals from all levels, and are subject to change.
Tagged as: Accountant, Auditor, Budget Analyst, Business Analyst, Business Consultant, CareerBliss, Financial Analyst, HR Specialists, Tax Examiner, Trading Analyst, business admin, business degree, jobs for business majors, salary