Top 20 Highest-paying Jobs With Business Administration Degree

Top 20 Highest-paying Jobs With Business Administration Degree

Top 20 Highest-paying Jobs With Business Administration Degree.

Are you considering obtaining a business administration degree? If so, you are in excellent company. For good reason, business administration is one of the most popular college majors.

A degree in this discipline can provide a solid basis for success in the corporate world and provide a broad range of employment prospects. But what are the highest-paying positions for those with a degree in business administration? This article will examine 20 of the greatest careers in this field, including their average pay and employment forecast.

How Will a Degree in Business Administration Impact Your Career?

Those who wish to develop their careers in the business world might get a variety of advantages from pursuing a degree in business administration. This type of degree program can educate students with the skills, information, and expertise necessary for success in a wide range of business-related professions and industries.

Versatility is one of the primary advantages of getting a business administration degree. With a comprehensive concentration on business management and leadership, this degree can prepare students for a variety of positions in finance, marketing, human resources, and operations, among others.

A business administration degree can help students acquire vital abilities such as critical thinking, problem-solving, communication, and teamwork, in addition to a solid foundation in business principles. Employers strongly value these talents, which can provide graduates a competitive edge in the employment market.

A degree in business administration can also open the door to roles in leadership and management. Numerous firms and organizations recruit employees with this level of education for managerial, supervisory, and executive positions. This can result in faster job advancement and increased compensation.

A degree in business administration can be a worthwhile investment for your future profession. It can offer you with a solid grounding in business principles and the skills necessary for success in a number of industries and jobs.

List of the 20 highest-paying jobs requiring a degree in business administration

1. President and chief executive officer (CEO)

Highest-paying Jobs With Business Administration Degree

This Highest-paying Jobs With Business Administration Degree are often the highest-ranking executives in a company and are responsible for making significant corporate decisions, guiding the overall operations and strategy of the organization, and representing the company to investors, the board of directors, and the general public.

According to the Bureau of Labor Statistics (BLS), the average CEO salary is $179,520 per year, and job growth is anticipated to be 6% from 2021 to 2031.

2. Principal Financial Officer (CFO)

The CFO is responsible for the company’s financial management, including budgeting, financial reporting, and compliance with financial regulations.

According to the BLS, the average CFO income is $147,530 per year, and job growth is anticipated to be 8% from 2019 to 2029.

3. Marketing Manager

This Highest-paying Jobs With Business Administration Degree are responsible for creating and implementing marketing strategies to promote the products or services of a firm. This could consist of market research, advertising, and public relations.

According to the BLS, the typical marketing manager pay is $147,240 per year, and job growth is anticipated to be 6% from 2019 to 2029.

4. Sales Manager

Sales managers are accountable for directing a team of sales agents and creating plans to improve sales and revenue.

According to the BLS, the typical sales manager pay is $121,060 per year, and job growth is anticipated to be 4% from 2019 to 2029.This is another Highest-paying Jobs With Business Administration Degree.

5. Financial Manager

What they do: Financial managers are responsible for an organization’s financial health. This Highest-paying Jobs With Business Administration Degree may involve preparing financial reports and investment strategies and assuring adherence to financial regulations.

According to the BLS, the typical compensation for a financial manager is $129,890 per year, and job growth is anticipated to be 16% from 2019 to 2029.

6. Human Resources Director

Highest-paying Jobs With Business Administration Degree

Human resources managers administer an organization’s human resources programs, such as recruitment, training, and employee relations.

According to the BLS, the typical compensation for a human resources manager is $116,720 per year, and job growth is anticipated to be 6% from 2019 to 2029.It is also among the Highest-paying Jobs With Business Administration Degree.

7. Operations Director

Operations managers handle the day-to-day operations of a business, including production, logistics, and supply chain management.

According to the BLS, the typical compensation for an operations manager is $100,780 per year, and job growth is projected to be 7% from 2019 to 2029.

8. Manager of Information Technology (IT)

IT managers are responsible for planning, coordinating, and overseeing the information technology (IT) systems of a business. This Highest-paying Jobs With Business Administration Degree could consist of networking, data management, and cybersecurity.

According to the BLS, the typical compensation for an IT manager is $146,360 per year, and job growth is anticipated to be 11% from 2019 to 2029.

9. Manager of Advertising, Promotions, and Marketing

What they perform: Managers of advertising, promotions, and marketing are responsible for planning and directing a company’s advertising and promotion activities.

Salary.com estimates that APM Managers earn between $97,600 and $135,000 per year on average.It is also among the Highest-paying Jobs With Business Administration Degree.

10. Manager of Public Relations and Fundraising

This Highest-paying Jobs With Business Administration Degree are responsible for planning and implementing public relations and fundraising initiatives for an organization. This could encompass media relations, event organizing, and donor cultivation.

According to the BLS, the average compensation for this occupation is $116,180 per year, and job growth is anticipated to be 7% from 2019 to 2029.

11. Management Consultant

Highest-paying Jobs With Business Administration Degree

Management consultants assist businesses in enhancing their operations, productivity, and profitability. This Highest-paying Jobs With Business Administration Degree may involve conducting market research, analyzing data, and offering improvement recommendations.

According to the BLS, the typical compensation for a management consultant is $85,260 per year, and job growth is anticipated to be 14% from 2019 to 2029.

12. Project Manager

Project managers are accountable for the planning, coordination, and supervision of the fulfillment of certain projects within a company. This Highest-paying Jobs With Business Administration Degree may involve establishing objectives, creating timelines, and managing finances.

According to the BLS, the typical compensation for a project manager is $107,100 per year, and job growth is projected to be 7% from 2019 to 2029.

13. Procurement Manager

Procurement managers are responsible for acquiring goods and services for their organizations. This Highest-paying Jobs With Business Administration Degree may involve assessing suppliers, negotiating contracts, and controlling inventory.

According to the BLS, the typical compensation for a procurement manager is $115,750 per year, and job growth is projected to be 5% from 2019 to 2029.

14. Health Services Administrator

Health services managers are in charge of the management of healthcare organizations, such as hospitals, clinics, and nursing homes. This Highest-paying Jobs With Business Administration Degree may include financial management, staff management, and quality assurance.

According to the BLS, the typical salary for a health services manager is $100,980 per year, and job growth is anticipated to be 18% from 2019 to 2029.

15. Manager of Training and Development

Training and development managers are responsible for planning and implementing training programs for employees of an organization. This Highest-paying Jobs With Business Administration Degree may involve completing needs assessments, creating curriculums, and evaluating the efficacy of training programs.

According to the BLS, the typical annual pay for a training and development manager is $105,830, and job growth is projected to be 7% from 2019 to 2029.

16. Manager of Compensation and Benefits

What they perform: It is the responsibility of compensation and benefits managers to establish and operate an organization’s compensation and benefits programs, such as salary, bonuses, and health insurance.

According to the BLS, the typical compensation and benefits manager pay is $119,120 per year, and job growth is anticipated to be 6% from 2019 to 2029.

17. Real Estate Manager

Highest-paying Jobs With Business Administration Degree

This Highest-paying Jobs With Business Administration Degree are responsible for managing the properties, leases, and contracts of an organization’s real estate holdings.

According to the BLS, the typical compensation for a real estate manager is $94,820 per year, and job growth is projected to be 6% from 2019 to 2029.

18. Environmental Manager

Environmental managers are responsible for supervising compliance with environmental legislation and policies inside an organization. This Highest-paying Jobs With Business Administration Degree may involve completing environmental evaluations, implementing pollution control measures, and creating plans for sustainability.

According to the BLS, the typical compensation for an environmental manager is $92,800 per year, and job growth is anticipated to be 7% from 2019 to 2029.

19. Hotel Manager

They are responsible for the daily operations of a hotel, including guest services, housekeeping, and staff management.

According to the BLS, the typical salary for a hotel manager is $53,390 per year, and employment growth is projected to be 8% from 2019 to 2029.

20. Manager of Business Development

Highest-paying Jobs With Business Administration Degree

The function of a business development manager is to find and pursue new business prospects for an organization. This Highest-paying Jobs With Business Administration Degreemay involve discovering new markets, cultivating relationships with potential clients, and collaborating with other departments to design and implement growth initiatives.

Depending on the industry and the size of the organization, the particular tasks of a business development manager can vary.

What they do: BDMs typically earn between $113,285 and $150,157 annually, and they are comfortable earners.

FAQs On Highest-paying Jobs With Business Administration Degree

Can you make 6 figures with a business degree?

Companies within every industry need business administrators. Specializing in one of the fields below can land you a job in everything from technology to healthcare. Obviously, years of experience and an MBA will make achieving six figures that much easier.

Is a business administration major worth it?

The short answer—yes. Most entry-level jobs in business require a bachelor’s degree. Even if they don’t, professionals without a bachelor’s degree will have more difficulty advancing their career. A bachelor’s degree can open the doors to new positions, higher pay and long-term job security.

Can you make a lot of money with a business administration degree?

The average business administration degree salary was $69,000 per year in March 2022, according to PayScale. Many business administration degree jobs pay higher salaries. For example, the BLS reports a median annual wage of nearly $110,000 for management occupations.

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