A business degree equips you with the analytical, financial, and interpersonal skills required to contribute to any organization. There are various types of in-demand business degrees, and some prepare you better for jobs in a specific focus area or sector. You can, for example, specialize in accounting, marketing, or operations to prepare for careers in those fields.

Best of all, business graduates are in high demand for jobs. According to a survey conducted by the National Association of Colleges and Employers, half of the top ten majors in demand by employers were business majors such as accounting, business administration, finance, logistics/supply chain, and management information systems.

What Are the Different Types of Business Bachelor's Degrees?

To achieve your personal and professional objectives, you can select from a variety of business bachelor's degrees.

A business administration degree can help you position yourself for a management position that requires a broad business background. A bachelor's degree in business administration is popular because it can prepare you to manage a department within a company or organization.

You can also specialize in other areas of business. For example, you could earn a bachelor's degree in business administration and then specialize.

Among the bachelor's in business administration tracks available are:

Among the bachelor's in business administration tracks available are:

• Online entrepreneurship degree

• Online international business degree

• Online management information systems (MIS) degree

• Online organizational leadership degree

• Online project management degree

If you already know what area of business interests you the most, you could major in that field. If you want to be a Certified Public Accountant (CPA), for example, a bachelor's degree in accounting is preferable to a bachelor's degree in business administration with an accounting concentration.

Other popular business bachelor's degrees that lead to rewarding careers include:

• a degree in computer information systems

• a degree in data analytics

• Finance, Marketing, and Operations Management degrees

Which Business Degree Is the Most Employable?

You'll be well-positioned for a job regardless of which business degree you pursue. According to the National Association of Colleges and Employers Job Outlook 2022 report, recruiters expect to hire 26.6% more graduates from the May 2022 class than they did the previous year.

A diverse list of bachelor's degree business jobs by area of specialization is provided below.

1Accounting

Accounting is more than just keeping track of numbers and balance sheets. It necessitates accurate reporting of an organization's financial activities as well as the interpretation of those numbers.

Here are some jobs that require an accounting degree or a business administration degree with a concentration in accounting:

Accountant - If you enjoy math and have a knack for numbers, you can find an accounting job in any industry. Accountants examine a company's financial statements, audit accounting systems, ensure regulatory compliance, and look for ways to cut costs and increase revenue. To become a licensed CPA, you must pass a CPA examination and may be required to complete additional college credits before taking the exam.

Accountants earned a median salary of $77,250 in 2021, according to the U.S. Bureau of Labor Statistics (BLS), and the field is expected to grow by 6% through 2031.

Budget analyst - Do you enjoy assisting businesses in their long-term planning? A budget analyst collaborates with a variety of organizations, including government agencies, private companies, and universities, to develop budget reports and financial plans. According to the BLS, a budget analyst earned a median salary of $79,940 in 2021.

2Finance

Finance professionals analyze data in order to plan for an organization's financial future. They analyze budgets and investments to assist organizations in protecting and growing their assets. You should consider getting your bachelor's degree in finance if you want to become a CERTIFIED FINANCIAL PLANNERTM.

The finance degree at Southern New Hampshire University (SNHU), for example, includes a financial planning concentration that prepares you for the CFP® exam.

Here are some jobs you can get with a finance degree or a business administration degree with a finance concentration:

Financial analysts delve deeply into an organization's numbers and use data to make key decisions that affect future spending and investments. Financial analysts will look for international investment opportunities as global opportunities expand.

Financial analyst employment is expected to grow 9% through 2031, with a median salary of $95,570 in 2021, according to the BLS. Learn the steps to becoming a financial analyst.

Financial managers examine an organization's current financial health and help guide its future. They develop financial reports, make investment recommendations, and adjust financial activities to meet long-term business objectives.

According to the BLS, financial managers must have a bachelor's degree and five years of experience in another business or financial occupation, such as accountant, securities sales agent, or financial analyst.

According to the BLS, the median annual salary for financial managers will be $131,710 in 2021. Financial manager employment is expected to grow 17% from 2021 to 2031, much faster than the national average.

Personal financial advisors assist individuals in managing their money and planning for retirement. The majority of personal financial advisors are self-employed or work in the finance and insurance industries.

According to the BLS, the median annual salary for personal financial advisors in 2021 will be $94,170. Personal financial advisor employment is expected to grow 15% through 2031. Learn how to become a financial advisor.

3Human Resource Management

People are an organization's lifeblood. You can help increase your company's productivity and revenue by maximizing its human capital. You can shape corporate culture while also assisting employees in furthering their careers.

Here are some HR jobs that you can get with a business administration degree with a human resource management concentration:

Human resources specialist - Your job as a human resources specialist is to shape the future of your company by recruiting and retaining employees. Human resources professionals can also create and communicate company policies, mediate interpersonal conflicts, and manage employee benefits.

Human resource specialists earned a median salary of $62,290 in 2021, according to the BLS. Human resources jobs are expected to grow 8% through 2031.

Managers of training and development - Do you enjoy assisting people in learning the skills they need to better meet the needs of your organization? Training and development managers plan, manage, and coordinate an organization's training and development activities and staff.

They earned a median annual salary of $120,130 in 2021, according to the BLS. Through 2031, the role is expected to grow by 7%.

4Marketing

Marketing, which is a combination of business, art, and science, necessitates professionals who can create brands, plan marketing campaigns, and analyze campaign results. Marketing is also in charge of product positioning, pricing, and promotion.

Here are some jobs you can get with a marketing degree or a business administration degree with a marketing concentration:

Marketing manager - Marketing managers assist in the promotion of an organization's products and services through print and digital campaigns, and are frequently in charge of website development, social media and email marketing strategies, and marketing analytics analysis.

In addition, they collaborate with sales and product managers to determine market segmentation and pricing. Marketing managers earned a median salary of $135,030 in 2021, according to the BLS, and the field is expected to grow by 10% through 2031.

Market research analysts study and evaluate market conditions to forecast how products or services will perform. They gather demographic, competitor, and market data to better position their organizations for success. According to the BLS, market research analysts earned a median salary of $63,920 in 2021, and jobs are expected to grow 19% through 2031 — much faster than the national average for all occupations.

5Management

Business managers and administrators are in charge of the day-to-day operations of a company, including logistics, personnel, and profitability. Excellent analytical, interpersonal, and decision-making skills are some characteristics of a good management leader.

Here are some jobs you can get with a business administration degree:

Manager of administrative services - Administrative services managers, also known as office managers, are in charge of both staff and business operations. This could include overseeing a department or an entire organization.

They also assist leaders in organizing and carrying out projects. Administrative services managers earned a median salary of $99,290 in 2021, according to the BLS. Administrative services manager jobs are expected to grow 7% through 2031.

Medical/health services manager - The health care industry requires managers who can ensure the smooth operation of clinical services and administrative departments.

You may be well-positioned to oversee a physician practice, hospital department, or other health-related facilities if you major in healthcare administration, one of the top majors in healthcare.

Medical and health services managers earned a median salary of $101,340 in 2021, according to the BLS. The job is expected to grow at a rate of 28% through 2031, which is much faster than the national average for all occupations.

6Information Management Systems

Most organizations rely heavily on technology. Management information systems professionals assess a company's, its employees', and its customers' information management, data processing, and end-user applications needs.

A degree in information systems or a business administration degree with a concentration in management information systems could qualify you to work as an:

Information Systems Manager- The number of business jobs focusing on technology is increasing. Decisions about technology training, purchasing, and coordinating information systems are made by computer and information systems. Computer and information systems managers are expected to grow 16% faster than the average for all occupations through 2031.

Management analysts, also known as consultants, are problem solvers. They look at an organization as a whole and use data to find ways to cut costs and increase profits.

Based on staff input and data collected, they make recommendations about investments, organizational efficiency, and staffing.

Management analysts earned a median salary of $93,000 in 2021, according to the BLS. Jobs in this field are expected to grow 11% through 2031, faster than the national average.

7Operations

Businesses require solid operations professionals to get products and services to their customers, from supply chain to inventory management.

Here are some jobs you could get with a degree in operations management or a business administration degree with a project management concentration:

Logisticians examine how all parts of an organization's supply chain interact and analyze processes to maximize efficiency. They are most commonly found in the manufacturing, government, professional services, and wholesale sectors.

A bachelor's degree in logistics and supply chain management, business, or a related field is typical for logisticians. In 2021, the median annual salary for logisticians was $77,030. Logisticians' employment is expected to grow 28% through 2031, much faster than the average for all occupations.

Project management specialist - If you have an eye for detail and strong organizational skills, you could be a project manager. On a per-project basis, professionals in this role analyze and create production schedules, timelines, purchasing, staffing, and budgets for a product or service.

According to the BLS, project management specialists earned a median annual salary of $94,500.

Are Business Degrees Well Paid?

According to the BLS, the median annual salary for business and financial occupations in 2021 was $76,570, which was significantly higher than the $45,760 median for all occupations. According to the BLS, a bachelor's degree is preferred for each of these jobs.

Depending on your position, you could earn significantly more than the median salary. According to the BLS, information systems managers who worked in business jobs focused on planning and directing technology activities for an organization earned a median salary of $159,010 in 2021.

Your final salary will be determined by your level of experience, specialization, and the industry in which you choose to work.

A bachelor's degree, regardless of the type of business degree you pursue, can increase your earning power. According to the BLS, those with a bachelor's degree earned a median weekly salary of $1,334, while those with a high school diploma earned only $890. As a result, having a bachelor's degree can have a significant impact on your earnings over the course of your career.

Is a Business Bachelor's Degree Worth It?

Camellia Varnado '20 credits her bachelor's degree in business administration with helping her land a new job. "I felt exceptional when I got the promotion," Varnado said. "I thought, 'Oh, it paid off.'"

She is now a human resources (HR) coordinator for a defense contractor, and she uses the knowledge she gained from her degree program in her job. Varnado stated that she is using her new skills at work to train employees and organize projects.

Whatever business job you choose, a bachelor's degree can benefit you both personally and financially. You can determine which business degree — and job — is right for you by reflecting on your interests, background, and career goals.