For anyone looking to establish themselves in a challenging and fast-paced professional environment, a career in business management is ideal. Moreover, there are many promising business management career opportunities to choose from.
The nation’s economy depends on the growth of a business. So, we need more talented people who are willing to take up the challenge. However, only a few people know the varieties of jobs the business industry offers and the challenges that come with them.
So, today we are going to list the best career opportunities in the business industry and also tell you the necessary skills you need, in order for you to prepare for those fields. And we hope this will inspire more people to pursue their careers in business management.
However, let’s start this article with some reasons why you should take up a business career in the first place.
Reasons For You To Choose A Business Career
The future belongs to those who prepare for it today.Malcolm X
And the best way to prepare for the future is to choose a career path that suits you. That is why it is important to consider all aspects of what a career can offer you in the course of the lifetime.
There are ample business management career opportunities out there. However, if you are still hesitant about whether you should select business management as your career, here are some good reasons for you to consider it.
1. Business Management is Practical
In 2020, life is all about practicality. You need to make practical decisions in order to secure a stable future. So, when it comes to choosing a career for a future, a career in business management can prove to be a great choice.
No matter what kind of industry it is, they need people with good business acumen skills in order to create a high demand for their products and keep the business afloat. Therefore, you can understand that a career in business comes with high job opportunities & security.
Whether it is a big company or a small one, you can easily get opportunities and make the best out of it.
2. Business Management Offers More Diversity
The list of business management careers is pretty high. You can choose any kind of job depending on your potential. However, it’s not necessary that you need to choose only one path.
Yes, that’s right, you have the opportunity to pursue multiple career paths. You can specialize in management, marketing, human resources, accounting, or business finance. Whichever you like, go for it.
So, if you are not sure about what to choose, you can try out multiple business jobs and choose a specialization that fits your personality and decide on career goals later on.
3. High Earning Potential
Companies don’t like to hold back while spending a large sum of money on talented business graduates. Because they know, they will get their money’s worth within a year or two with profit.
That is why their starting salary can be pretty high starting from $55,000 annually. In fact, those who study business rank only below engineering and computer science in the highest starting salaries for entry-level jobs!
4. Easy To Switch Jobs
Change is a part of life, otherwise life will become boring. If you find yourselves doing the same job for a long time, at some point it will become boring and monotonous. You may loose all inspiration to work.
However, if you have a business career, it’s easy for you to switch between jobs in mid-career. Because business skills transfer more easily between industries than most other professional skills in the industry.
5. Career Advancement
The sign of you working hard comes when you are climbing the ladder in the company and getting the deserving reward. However, not all jobs come with this satisfaction.
In general, business careers offer more career advancement opportunities than others. Along with advancement comes salary increases, professional respect, an opportunity to challenge yourself.
Not to mention, if you have a business career it is relatively easy to start your own business and take your career to the next level.
So, you can see, there are many perks of pursuing any of the business management career opportunities in front of you. Now, that we have discussed the perks of a business career, it’s time to discuss what kind of jobs you can take up having a business management background.
Top Business Management Career Opportunities
In this complicated & technologically dependent world, there are many varieties of business careers. Every company, every industry needs business specialists to function properly.
So, we came up with the best possible list of jobs to start your career in the business industry and also added the necessary skills you need to acquire them.
- Brand Strategist.
- Business Analyst.
- Business Data Analyst.
- Business Development Coordinator.
- Digital Advertising Sales Specialist.
- Digital Marketing Analyst.
- Digital Media Analyst.
- Human Resources Manager.
- Marketing Coordinator.
- Marketing Research Analyst.
- Media Planners.
- Media Research Analyst.
- Online Media Compliance Analyst.
- Product Manager.
- Product Coordinator.
- Product Marketing Specialist.
- Promotions Coordinator.
- Sales Operations Analyst.
- Sales Representative.
- Social Media Specialist.
Let’s get started.
We get information about a product through marketing. However, sometimes a few marketing campaigns catch our eye and it influences us so much that we end up buying that product. That’s the job of a brand strategist.
He/she creates strategies that influences people to purchase their product or service. However, it requires a deep perceptive to understand the taste of the people or the targeted users and strategies accordingly. Also, a brand strategist uses various marketing channels to address the targeted users.
Therefore, a brand strategist must have great negotiation and communication skills along with the ability to work independently. Also, he/she must have good copywriting techniques.
In order to prepare for a brand strategist job, you should focus on
- Communication & Persuasive skill
- Clever copywriting techniques
- Gaining knowledge on the industry
- Digital Marketing
- Studying human psychology to understand the mind of the users better.
Most importantly, you need at least a bachelor’s degree in marketing.
The job of a business analyst is to identify opportunities for improvement in business operations and processes. Also, they need to find solutions to problems in the business. For that, they have to work with Finances, IT, Marketing, and/or even Human Resources departments.
That’s why it is important for a business analyst to have the ability to precisely analyze all information from all the departments. Also, he/she must have very good interpersonal and diplomatic sensibilities in order to effectively make recommendations.
The job of a business analyst requires,
- Verbal communication skills
- Meetings Handling Ability
- Listening skills
- Presentation skills
- Documentation And Writing Skills
So, if you are looking to get into the world of the business analysts, you should sharpen these skills while you can.
Many people may get confused between the job of the Business Analyst and business data analyst. However, these two jobs are not exactly the same. A business analyst plays with graphs, charts, and abstract data. They evaluate business processes for efficiency, cost, and other valuable metrics.
As a business analyst he/she must have the working knowledge of the analytical tools, mathematics, computers and communications.
If you are looking to get into this particular job you should determine whether you have qualities like,
- Critical thinking
- Process improvement
- Creating reports using bars, charts, graphs.
The success of any company depends on how well they maintain relationships with their clients. Also, the stronger the relationship the better the chances of success. That is the job of a business development coordinator.
They make plans that boost their client’s sales and improve their brand image. However, they also communicate with potential clients and explain to them how working with their organization can be beneficial to those clients. Therefore, researching new clients is also a part of the responsibility of the business development coordinator.
Required skills needed to become a business development coordinator are,
- Business acumen
- High attention to detail
- Verbal & Communication skills
- Ability to work with cross-functional teams
Social media has become a powerful platform in the 21st century. Therefore, it is the best medium to voice your opinion and to relay your message. A digital advertising sales specialist uses social media to increase the public interest of their company.
They build creative internet advertisements using their design skills. They have the ability to communicate concepts in a concise manner with a touch of flair. Therefore it has become quite a popular career choice among young youths.
However, you need certain skills to become a digital advertising sales specialist, like:
- Smart use of Facebook, Twitter, etc
- Basic knowledge of HTML
- Word organization
- Creativity, that will help with the design.
This is probably the most known career choice for people who are looking to get into the business industry. A digital marketing analyst helps improve the company’s online marketing efforts. Also, they create social media ads, website banner ads, and help in online business branding.
Moreover, they create digital marketing campaigns, analyze marketing data, work with marketing teams. They observe performance analysis to drive campaign strategies that produce successful results.
For you to prepare for a digital marketing analyst job you need to hone these skills.
- Social media marketing
- Time management
Digital media analysts develop and implement online marketing policies and projects for their companies. Also, they are in charge of organizing digital resources for media campaigns and presenting their progress and initiatives to executives in other departments.
Moreover, they work on improving Search Engine Optimization and general discovery for content by the target audience.
Required skills for a digital media analyst include,
- Problem-solving ability
- Strong knowledge of graphic design
- Strong analysis & analytical skill
- Solid communication skills.
This position is highly rated in the list of business management career opportunities. A human resource manager oversees the overall administration, coordination, and evaluation of human resources plans and programs of a company.
They are also in charge of hiring new employees, on-boarding processes, maintaining discipline in the company, etc. However, the job of a human resource manager depends on the size of the company.
If you are looking to build a career as a human resource manager, you first need to focus on or have these skills or qualifications,
- Performance management
- Communication processes
- Compensation and wage structure
- Supporting diversity
- Classifying employees
- Employment law
The role of a marketing coordinator is to let people know about the company’s product. They organize marketing campaigns and trade shows for the target audineces.
They give the product the best exposure possible and also have a hand in deciding the price of the product.
- Smart writing
- Clever copywriting
- Coordination with different teams
You have to know the competitors in order to stay ahead of them. A marketing research analyst does exactly that.
He/she analyze the other competitors and find out their weakness and strengths. Upon his/her suggestions, adjustments are made and also he/she has a big hand in deciding the product prices. Market research analysts help determine which goods and services are in demand.
A marketing research analyst takes an involved list of facts and figures and translates all the information so his colleagues can see the big picture.
A marketing research analyst should,
- Understand complex ideas
- Have multitasking capabilities
- Possess great communication skills
- Basic knowledge of the latest technology
Media planners are also known as brand planners. They determine the audience or market for a product. However, they also meet the media. As they utilize the latest social media platforms to promote products and services.
One of the important aspects of the job of a media planner is to understand the demographic of the audience and new marketing trends.
To be a media planner you need,
- Social media knowledge
- Analyzing skills
- Basic knowledge of technology
What kind of people reacts most to an image of a cat? What kind of slants to use while promoting a product? These are the questions that media research analyst answers.
A media research analyst explores various marketing theories to come up with the best one to achieve the highest number of sales. They know about the latest trends in marketing and bring exciting ideas. Also, they have a clear idea about human psychology and know what moves the customers to buy products.
Required skills to be a media research analyst,
- Finding, reviewing information
- Strong presentation
- Clever research skills
- Organizational skills
An online media compliance analyst ensures that his/her company is following all rules and regulations when it comes to utilizing social media for marketing purposes. If needed, he/she will establish new rules/policies so that it safeguards the brand name and image.
Moreover, he/she make sure that the company is not breaking any law while pursuing new territory in social media marketing.
- Strong knowledge about online marketing
- Ability to set new policies
- Evaluating potential risk factors.
The job of a product manager is very important for a company. Because based on their decision, the future of a product is decided. They provide the road map and feature prioritization, decide on product pricing, perform market assessments, translate business-to-technical requirements, and more.
Basically, a product manager is a bridge between the production/development and marketing of a product.
You need a lot of skills to be an efficient product manager. Like,
- A General understanding of Data.
- Industry insights and KPIs.
- Strategic thinking.
- Basic business skills.
- Design and user experience knowledge.
- Other common skills.
The job of a product coordinator is to interact with customers to understand products requirement fully. Then execute those requirements within the deadlines.
Another job is to perform customer negotiations and build productive customer relationships.
- Excellent management skills
- Ability to multitask
- Computer skills.
A product marketing specialist gives a basic idea of a marketing program, then works with the team to create a plan of action to set a campaign in motion.
He/she need to spend time communicating with the sales team so that he/she can take necessary action based on the sales result. Training interns or other team members is also a part of the job.
Basic skills you need to become a product marketing specialist,
- Basic knowledge of business.
Promotions coordinator gives the best possible exposure to a product to potential clients and customers. They also evaluate old & latest trends. Promotions coordinators work with advertising and sales managers to generate income for a business.
Basic skills to be a promotions coordinator,
- Strong verbal skill
- Creative thinking
Basically a sales operations analyst is a visionary. Because, they vision areas where business can grow. Therefore, he/she understands the sales numbers and also has a idea how all sale teams are working and performing.
They use mathematics along with logical skills to calculate how to help their teams meet the expectations. Moreover, they help the company keeping up the sales level.
So, if you are thinking of becoming a sales operations analyst you should sharpen these skills,
- Logical understanding
- Interpersonal and analytical skills.
If you enjoy the challenge of meeting quotas, attracting clients about a product, communicating with them through emails and meetings then this job is for you.
A sales representative often demonstrates a product to a client and tries to counter any concerns or hesitations a prospective buyer has about signing a contract or making a purchase. So, they need to stay updated on the new features and improvements of their product.
Required skills to become a sales representative,
- Negotiation skills
- The mentality to work hard.
A social media specialist creates a social presence of the company. Only understanding the uses of Facebook and Twitter is not enough. The job involves understanding and reaching an audience for the product or business a social media specialist promotes.
They research what the users are thinking via social media and act accordingly. Moreover, they make correlations between the statistics of sales and the traffic which crosses social media sites.
- Deep knowledge of social media
- Team player who can work with various teams
So, these are the business management career opportunities you can get to choose from if you are thinking about joining the business industry.
However, we have told you about the jobs and what kind of skills you need to prepare yourselves. But, in this world of technology, you need to get acquainted yourself with a tool to give you a fighting chance.
We are talking about a real-life experience with an Enterprise Resource Planning (ERP) system. Still, confused? Ok, let’s make it clear for you.
An ERP Tool To Help You Get Prepared & Manage Any Business or Team
A complete ERP solution is a tool to manage the whole business management process. So, if you are looking to build a career in business management, then you must get familiar with an ERP tool.
95% of companies have experienced significant improvements in their workflow after adopting ERP software.financesonline.com
So, you can see how important ERP is for businesses all around the world. That’s why we are imposing on the idea of you to learn and experience an ERP tool.
There are many Kinds of ERP Tools for You to Choose from
- WP ERP
- Apache OFBiz
But if you want to get the best experience, then we suggest you should start with WP ERP.
Why? Because it’s the no.1 complete ERP solution for WordPress. It can manage your HRM, CRM, Accounting department effortlessly. The solution has features like,
- HRM, CRM, Accounting modules under one system
- Cloud-based main server
- Ease of accessibility from any device
- No maintenance needed
- It is an open-source solution with customization ability
- It’s lightweight so won’t put pressure on your system
- Easy to maintain collaboration among team members
Related article: Why WP ERP Is The All-In-One ERP Solution For WordPress?
Moreover, WP ERP has an integration with a powerful project management tool that will help you manage your projects quite efficiently.
So, if you are aspiring to build your career in business management then you should acquire real-life experience of using this ERP tool. Because not only it will help you get prepared for the upcoming job responsibilities but also give you an upper hand over your contemporaries.
Also, this experience will help you to solve problems quite easily and achieve your goals.
Although we have discussed the business management career opportunities and also what skills you need to get prepared for them. However, learning an important tool as WP ERP will help your cause to a great extent.
We all have a dream, but sometimes lack of information and inspiration makes us think otherwise.
So, if you hesitated about starting your dream career in business management before, we hope our detailed discussion will eliminate all that. We have listed the best business management career opportunities available with the necessary skills to acquire them.
So, pick one and get started with your dream career. We wish you all the luck.