Tag: business major

Career Opportunities for Business Majors

Few college majors are as in demand as a business major. This is because the skills you develop through this major are applicable pretty much everywhere, from a small tech startup to a Fortune 500 giant. While studying to become a business major, you’ll learn all sorts of things including how to manage operations, assess risks and transform work environments. It’s a career that can be as laid back, as fast-paced and as financially rewarding as you’d like it to be, depending on what type of environment you choose to work in. Career opportunities for business majors include business management, operations, e-commerce, finance and hospitality.

Here are some of the many fields where you can use your business degree:

Business management

Business management is a broad field that involves various managerial responsibilities and can apply to any number of industries including technology, retail and the nonprofit sector. Business management roles usually involve the day-to-day management of a company and the implementation of processes designed to improve how a company operates. They can also include human resources management, where you manage employer-employee relations and take a hands-on approach to recruiting and training. This is a great career for anyone who is interested in all the elements involved in running a business and helping it succeed.

Operations

Similar to business management, a role in operations involves handling the logistics involved with running a business. This can be anything from handling financial assets to developing and streamlining processes designed to keep the business functioning optimally. This career path is best suited to business majors who are interested in coordinating various departments and ensuring that everything runs smoothly.

E-commerce

Another popular career for business majors, especially in today’s tech-heavy globalized society, is e-commerce. This career path puts your creative and analytical skills to use by tasking you with creating and implementing strategies designed to increase a company’s revenue and customer base. It’s a wonderful opportunity for anyone interested in developing strategies designed to drive sales.

Finance

Your business skills are just as useful in the world of finance where you can be a financial analyst, account executive or accountant. Working in finance will give you hands-on experience of working with clients and coming up with financial solutions designed to meet their needs. This is a great career path for those interested in investing and asset management.

Hospitality

Business majors can also be found in the hospitality industry where they are often responsible for the day-to-day management of both boutique hotels and major hotel chains. As hotel managers, they are responsible for everything from hiring hotel staff to ensuring customer satisfaction. Similar to business management and operations, this career path is best suited to those who are interested in coordinating different departments and ensuring that everything runs smoothly.

One of the best things about a business major is that it can take you anywhere, allowing you to contribute to the productivity and efficiency of all sorts of businesses. The best way to find out which type of business is right for you is to take on an internship in a field that interests you. This will give you the hands-on experience you need to find the perfect job.

Next, learn more about this college major such as the Types of Internships for Business Majors and get more career tips for internships and entry-level jobs such as 6 Ways to Impress Your New Boss.

Types of Entry-Level Jobs for Business Majors

Being a business major opens up doors to all sorts of professional opportunities. In fact, business majors are among the most employable groups of recent grads. But with so many opportunities, picking a career path might seem a bit overwhelming. One way to narrow your focus is by taking on a paid or unpaid internship during your time in college. This will help you build some great skills while also helping you identify the type of career that’s right for you. In the process, it will give you a better idea of what type of entry-level job to apply for.

Here are some of the most common entry-level jobs for business majors:

Financial analyst

If you’re a business major with an interest in finance, a job as a financial analyst could be a great fit for you. This position is one of the most popular entry-level roles in the financial services industry and one that exists at any number of organizations including banks, security firms and even insurance companies. By becoming a financial analyst, you’ll get a chance to look into the performance of stocks, bonds and other relevant investments.

Sales representative

If you’re a pro at understanding the needs of a customer and turning that into a sale, a career as a sales representative might be right up your alley. Depending on the type of company you work for, you’ll be responsible for selling products to individuals, other companies or government organizations. From seeking out potential customers to closing sales and fostering long-term relationships, you’ll be making the most of your people skills while helping the company to increase its revenue.

Human resources assistant

As a human resource assistant, you’ll assist with hiring and onboarding employees as well as troubleshooting issues between managers and employees. In this role, you’ll be responsible for ensuring that employers and employees have a good working relationship and that the company is operating smoothly. You’ll also help out with preparing and conducting training programs.

Marketing coordinator

As a marketing coordinator, you’ll be making a product or company more marketable by highlighting its value to potential customers and to the media. In this role, you’ll be preparing marketing materials, assisting with marketing campaigns and helping to coordinate publicity events. This is a great opportunity to learn all about how marketing works and to develop strategies to market a company or product effectively.

Assistant buyer

As an assistant buyer, you’ll be evaluating suppliers, purchasing supplies, obtaining price proposals and ensuring that products arrive on time. You’ll also be expected to balance product quality with company budgets and to have a clear sense of how purchasing decisions fit into the company’s overall operations.

Brand marketing assistant

As a brand marketing assistant, you’ll learn to be savvy about current market conditions by reviewing reports and studying market trends. You’ll also prepare presentations and reports detailing the performance of a brand as well as its design and marketing strategy.

Operations research analyst

As an operations research analyst, you’ll be involved in various parts of the organization and will be using statistics, mathematical modeling and other analytical techniques to solve emerging problems and help senior management gather the information they need to make operational decisions.

As a business major, your career options are both extensive and exciting. In order to ensure that you pick a position that’s right for you, it’s important to figure out where your interests lie and to pursue a role that you’re passionate about. Whether that ends up a financial analyst or a marketing coordinator, the skills you’ve developed as a business major will definitely help you shine.

Next, learn more about this college major such as the Types of Internships for a Business Major and get more career tips for internships and entry-level jobs such as Top 10 Things You Should Look For in a Company.

Types of Internships for Business Majors

One of the best things about being a business major is that makes you a competitive candidate in almost any professional field. But with some many fields to choose from, how do you decide what career path to take? An internship is a great way to figure this out, while also gaining significant hands-on experience.

Here are some of the most common internships for business majors:

Product marketing internship

If you’re interested in marketing and want to learn more about this field, a product marketing internship can offer you the chance to learn a lot about the field while also picking up some new skills. During this internship you’ll be learning the basics of marketing by gathering data on market trends, analyzing and interpreting product feedback and studying the marketing strategies of competitors. This is a great chance to learn how to market a product and to understand the challenges of selling a product in a competitive marketplace.

Sales and marketing internship

A sales and marketing internship is usually a role that you’ll encounter at smaller companies and startups where these roles are sometimes combined. This type of internship gives you experience with marketing but also focuses on selling a product directly to a consumer. From observing sales calls made by managers to preparing presentations for clients and assisting with new and ongoing campaigns, this internship will give you with insights on the ups and downs of a career in sales and marketing.

Business management internship

From project management to analysis of sales, there’s a lot to learn in a business management internship. Among other things, you’ll assist with developing tools, conducting analyses and discussing business strategy with the team. But your role doesn’t end there. In fact, because this type of internship relates to the broader needs of a business in general, you’ll be getting an overview of what’s involved in running a business and getting a real hands-on field for everything from finance to operations.

Business consulting internship

Whether as part of a marketing, human resources, management or accounting team, business consulting interns assist business consultants in gathering data or materials for analysis and recommendations. As a business consulting intern, you’ll be sharpening your problem-solving skills and knowledge of business models, while also making an impact to the organization.

Management consulting internship

Whether you’re a management consulting intern for a consulting firm or for a financial services organization, during this internship you’ll gain a deeper understanding of how to research, compile and present information. You’ll also assist in implementing changes to the project or team structure. This is a great internship for someone who is interested in going into management consulting after graduation.

Business development internship

As a business development intern, you’ll assist in market research and partnership development. You’ll also help to build business relationships with clients and partners and contribute to the overall growth of the organization. During this internship, you’ll learn about all the factors involved in building a successful business and get a feeling for how to run a business of your own.

Business majors are among the most sought-after candidates in any professional field. But with so many options to choose from, picking a career might seem a bit overwhelming. By taking on one or more of these internships during your time in college, you’ll be able to pick up some great skills and find a career path that’s just right for you.

Next, get more career tips for internships and entry-level jobs such as Ultimate Guide to Dealing with Multiple Internship Offers and find answers to common interview questions such as How to Answer: What Type of Environment Do You Prefer?.