An undergraduate business degree usually takes four years to complete. It is offered by numerous public and private colleges and universities. Students can specialize in several areas, including marketing, accounting and management information systems. Core courses usually include strategic management, human resource management and corporate finance. Graduate studies usually lead to the master of business administration degree. Business graduates generally have several career choices because they are trained to apply their skills in any industry.
For some, the best career choice after graduation involves preparing business plans and starting their own companies. For most graduates interested in senior management roles, several years of experience in product or functional management roles are required. In the public sector, a business graduate usually starts out as a policy analyst or project officer, then gradually moves through the ranks to a senior management position. Executives are generally compensated very well, especially in the private sector where stock options and bonuses are often substantially higher than the base salary.
Management consulting or management analysis is also an attractive career path for business graduates. Consultants can specialize in several areas, including technology management, regulatory compliance and human resource planning. Business graduates with a specialization in information systems are also in demand at technology consulting firms to work as business process analysts. The median annual salary for management analysts in May 2008 was about $74,000, according to the Bureau of Labor Statistics (BLS).
Business graduates interested in the financial markets can consider becoming securities analysts. Starting out as research associates, they analyze various financial products and provide recommendations on appropriate business decisions. The median annual salary for financial analysts in May 2008 was about $73,000, according to BLS.
Business graduates can choose the sales and marketing career track. The job involves finding and cultivating clients, designing advertising campaigns, promoting the company's products at trade shows and meeting sales objectives. Over time, and based on meeting certain performance goals, sales and marketing representatives may be promoted to regional managers and product managers, and eventually general managers and vice presidents of sales. The median annual salaries in May 2008 were about $109,000 for marketing managers and about $97,000 for sales managers. However, their job security and compensation are usually tied to meeting sales objectives and thus depend a great deal on overall economic conditions.
Accountants help prepare financial statements and budgets. Some accountants go into auditing, where they verify financial records and watch for indications of fraud. According to BLS, the median annual salary for accountants and auditors was about $59,000 in May 2008.
Other careers include teaching, which generally requires several years of postgraduate education; investor relations, which involves managing a public company's relationships with investors and financial analysts; human resource management, including recruiting and labor relations management; and nonprofit sector management.
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Read more: The Best Careers to Transition to With a Business Degree | eHow.com http://www.ehow.com/info_7787365_careers-transition-business-degree.html#ixzz1Wj6yZnYu