Most lucrative business 2022
The average starting salary for company studies can vary depending on the individual, job and school where the degree was earned. However, there are some lucrative business majors that seem to be rising to the top of the National Association of Colleges and Employers’ Wage Survey report . For undergraduate education, it is management information systems, supply chain management and finance. For entrepreneurs who are educated, it is marketing, finance and business administration. Let’s take a closer look at each of these major companies to learn more about focus areas, average starting salaries, and career opportunities after graduation.
Management Information Systems
Management information systems is a business focus that focuses on the use of computerized information systems to control management decisions and manage business operations. The average starting salary for people with a bachelor’s degree in management information systems exceeds $ 55,000 and increases exponentially with more work experience. At the master’s level, the average starting salary is just under $ 65,000. According to PayScale, annual salaries for MIS degrees can be as high as $ 150,000 or more for certain job titles (as a project manager). Common job titles include business analyst, system administrator, project manager and information system manager .
Supply Chain Management
Business majors that focus on supply chain management study logistics and supply chains, which include each individual, organization or business involved in the production process (procurement and transportation of materials), the manufacturing process, the distribution process and the consumption process. According to PayScale, the average starting salary for large companies with a bachelor’s degree in supply chain management exceeds $ 50,000. At the master’s level, the average starting salary is only shy of $ 70,000. Supply chain management degrees can serve as managers of supply chains, logistics managers, supply chain analysts or strategic sourcing managers.
Finance is a main focus that focuses on finance and money management. This is a popular and lucrative business education for both students and students. The average starting salary for major financial majors exceeds $ 50,000 at the bachelor’s level and $ 70,000 at the master’s level . According to PayScale, annual salaries for finance studies with only one bachelor’s degree can be as high as $ 115,000 + for portfolio and finance managers. Common job titles for major financial subjects include financial analysts, credit analysts, financial planners and CFOs.
Marketing studies teach the best ways to market, sell and distribute products and services to end consumers. According to PayScale, the average starting salary for marketers at the bachelor’s level is below $ 50,000, but at the master’s level it exceeds $ 77,000. Both of these numbers increase with time and experience. PayScale reports a salary range for marketing projects that tops $ 150,000 at the graduate level and goes much higher at the MBA level. Common job titles for business leaders who specialize in marketing include marketing manager, marketing analyst and account manager.
Business administration students study business, especially performance, management and administrative functions. According to PayScale, the average starting salary for candidates with a bachelor’s degree in business administration is over $ 50,000. At the master’s level, graduates earn an average starting salary of more than $ 70,000. The business administration degree is a general business economist, which means that there are many different career paths for graduates. Students can continue to work in management or get jobs in marketing, finance, personnel and related areas. Learn more about your options with this guide to high-paying management jobs.