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6 best job options after bachelor of business administration

6 best job options after bachelor of business administration

If you wish to pursue business administration for your graduation, you can opt for a bachelor of business administration or a bachelor of science course. Students are prepared for managerial or administrative positions with a business administration degree. Here, we will discuss the job opportunities that a bachelor of business administration opens for you. Let us address them one by one. However, please remember it is not an exhaustive list.

Accountant
Do you like crunching numbers? If yes, consider working as an accountant. Several industries need accountants to examine and analyze the company’s financial statements, ensure regulatory compliance, and review the accounting statements. In addition, accountants also devise ways to boost revenue and lower cost. As per the U.S. Bureau of Labor Statistics reports, an accountant earns a medium salary of around $77,250. By 2031, the field is expected to grow by six percent. So it can be a lucrative option if you wish to finish a bachelor of business administration and get into accounting.

Procurement officer
Also referred to as the purchasing offer, the procurement experts are responsible for acquiring the products necessary for business operations. Procurement is one of the most pivotal aspects of the supply chain. Hence for this role, you must possess top-notch bargaining, organizational, and analytical skills. As a procurement officer, you define the timing requirements and set standards for the goods your company requires. Next, you search and compare various suppliers based on their reputation, pricing, quality, and products. Finally, you will pick one supplier and sign a contract with them. But your role does not end here. You have to stay on top of things and ensure the product’s effectiveness and timely delivery.

Sales manager
The sales manager manages and monitors the company’s sales team. They take charge of the revenue production within the organization. As a sales manager, you will be responsible for analyzing sales data, setting sales goals, and drafting a sales training program for the sales representative under you. In addition, the sales manager also assesses the profitability of the different products and services and projects plausible sales. It is a lucrative career path after a bachelor of business administration because studies by the U.S. Bureau of Labor Statistics suggest that opportunities for sales managers will grow in the coming years.

Financial analyst
Financial analysts gather and examine financial data to make financial recommendations to companies and businesses. Hence, they should be well-versed in the prevalent practices and the organization’s outlook. It, together with the knowledge acquired in your bachelor of business administration, helps you form analytical financial recommendations. In addition, a financial analyst also enables companies to make informed decisions related to pensions, mutual funds, and the stock market. Typically, the analyst predicts the economic outcomes and makes recommendations on the company’s success and growth.

Business Consultant
Business consultant presents strategies to better business’ efficiency and amplifies revenue. They work with the managers to incorporate organizational changes, resulting in a productivity surge, cost reduction, and a hike in profit. A business consultant can work in various industries like retail, banking, manufacturing, etc. Their annual salary is around $69029.

Market research analyst
A market research analyst studies the marketplace and determines the company’s position over the competitors. They also help with market research. There is a rapid evolution in the consumer marketplace. Thus, a market research analyst should continually try to engage the customers by:
Researching products, competitors, and consumers
Presenting actionable insights straightforwardly
Devising newer ways to obtain meaningful consumer data
Monitoring and predicting sales trends

There is a twenty-two percent projected growth for market research analysts between 2020 and 2030, and their present medium annual salary is $63,920.