Are you a business major in college right now? If so, there’s good news: your hard work and dedication may be about to pay off! Employers are currently looking for top-notch talent with specific corporate experience. Even if these employers don’t know it yet, they need professionals like you who understand the ins and outs of the modern business world.
Let’s take a look at eight of the most in-demand business majors around and why having one on board is a massive asset for any company. With surprising insights from industry experts woven throughout, you’ll come away with a better understanding of what sets certain specializations apart from the rest and just how valuable they are for today’s businesses!
1. Business Analytics:
Employers want candidates with strong analytic skills so they can benefit from actionable insights that lead to better decision-making. As such, having an understanding of big data analysis, predictive analytics, and machine learning is essential for any company hoping to stay competitive in today’s market.
Business analytics offers a range of career prospects, from finance to healthcare and technology. It equips students with skills such as data analysis, modeling, and visualization for their professional development. Many universities and colleges offer flexible payment plans, scholarships, and financial aid, which make for an affordable business degree as well. According to the US Bureau of Labor Statistics report on operations research analysts, its median annual salary stands at an impressive $88,330.
2. Marketing:
In today’s digital world, marketing is among the most sought-after majors. With a deep understanding of strategic planning, branding, and analytics, employers want individuals who can bring fresh ideas to their team that will help increase revenue.
Through studying consumer behavior, advertising techniques, and market research trends, marketing majors gain various skills that can be applied in various industries, such as retail stores, advertising agencies, and healthcare facilities. Job opportunities for graduates with a background in marketing are plentiful, while the median annual salary for marketing managers is an impressive $142,170.
3. Accounting:
Employers actively look for accounting professionals with strong finance backgrounds. They need detail-oriented individuals who understand the complexities of financial statements and audits and possess excellent interpersonal skills to help them manage their finances.
Accounting educates students in financial analysis, auditing, and taxation, to name only a few topics. Upon graduation, accounting graduates can find employment opportunities spanning finance sectors as well as government and nonprofit organizations. What’s more? Accountants typically make an average of $73,560 per year.
4. International Business:
If you have a passion for global affairs, international business is the perfect major for you. Companies are increasingly looking for candidates with an understanding of different cultures, languages, and markets — which is why having an international business degree proves invaluable for employers hoping to expand into new markets abroad or engage in global partnerships.
Global business is a fascinating area of study, covering international trade, finance, and customs. Once you graduate in this field of expertise, there are various employment options within the hospitality industry as well as manufacturing and finance. In fact, the median annual salary for management analysts stands at an impressive $89,990. Studying international business can open up exciting career opportunities that offer financial stability and endless possibilities to explore new cultures worldwide.
5. Management Information Systems:
With the rise of computer-based business systems, there’s a rising demand for professionals who can use their knowledge of technology to help companies manage and analyze data. Companies need individuals with a mix of IT and business skills, making MIS one of the most in-demand majors right now.
By focusing on the combination of business and technology, this major provides students with expertise in database management, cybersecurity, software development, and more. Those who complete their degree can find job opportunities in healthcare, finance, or government industries – making a median annual salary of $151k as computer & information systems managers.
6. Logistics/supply chain:
Logistics and supply chain management can be the key to a company’s success. Professionals in this field must have an in-depth understanding of how to coordinate the flow of goods, services, and information both domestically and internationally. From managing inventory, planning transportation routes, and forecasting demand, they play a critical role in ensuring everything runs smoothly.
With skills in inventory management, transportation, and distribution, those majoring in logistics/supply chain will have numerous employment opportunities available – from retail companies to manufacturing plants or even e-commerce giants like Amazon! With an average salary for supply chain managers of $76,270, it is certainly worth considering.
7. Entrepreneurship:
Entrepreneurship is an evergreen major. Employers are always looking for entrepreneurial minds regardless of the economic climate. With their core focus on innovation, individuals with entrepreneurial backgrounds can help companies identify opportunities and develop new products that can be sold.
If you’re looking to gain the skills necessary for success as an entrepreneur, this major is essential. From problem-solving techniques and risk assessment strategies to strategic planning knowledge—all are encompassed in this program. With a degree like this under your belt, amazing opportunities await in fields such as venture capital or consulting – not to mention having even more doors opened if you decide to start your own business.
8. Finance:
Finance professionals are highly sought after for their financial expertise and ability to create sound investment strategies. Majoring in Finance prepares you for a world of opportunity. Not only is it one of the most sought-after business majors, but working as a financial professional can open doors to multiple industries – from banking to investment and insurance. Companies need these experts to manage their finances, make well-informed decisions, and optimize returns on investments.
In addition, with an average yearly salary of $134,180 for finance managers, this major truly offers impressive career potential. After a degree, others take Financial Modeling and Valuation Analyst certifications to further their knowledge in budgeting, forecasting process, and more. But Is FMVA worth it? The answer is yes as it will help you with analysis and financial management.
9. Human resources management:
Professionals with a human resources management background are invaluable assets to any company. These individuals understand employee relations, hiring practices, and organizational policies that can help ensure a productive work environment and smooth operations.
With this major, you can hone skills in the areas of employee recruitment, training, and compensation. As a graduate in human resources management, you’ll be able to find work openings across various sectors such as healthcare, government, or education. Plus, with a median annual salary for HR managers set at $126,810, this field offers excellent financial incentives too.
Conclusion
No matter which major you specialize in, now is the time to ensure your resume is up-to-date so employers know what you have to offer. In today’s competitive job market, having a specialized degree and professional experience makes all the difference. So get out there — you could be exactly who they’re looking for.
