Business skills may lead to work with corporations, the government, commerce, health care and even non-profit organizations. Some business people seek to be entrepreneurs, while others are employed by small or large companies.
Business degrees that may open the door to success include:
Many business people begin by earning a general business degree and then specialize in a specific area of business when acquiring higher level degrees.
Business people wear a number of hats, including managing employees; overseeing projects; marketing and selling products; providing services; working with accounting and finances; and performing other tasks needed to run a successful business. An entrepreneur or small business owner generally understands all aspects of the business while corporate professionals often specialize in a specific area.
Most business people acquire skills and degrees allowing them to work in a variety of businesses, such as with an MBA or a degree in accounting. They often apply their general business skills to an industry they find interesting or a field that feels stable.
Business people may do any or all of the following:
Technological abilities may greatly improve employment opportunities for a business person.
Salaries vary greatly among business people depending upon employment and degree level. Management generally earns more than other business people. Earnings for small business owners or entrepreneurs fluctuate depending on the type of business and the amount of time in operation. According to the Bureau of Labor Statistics, business people should expect a 13% increase in job opportunities through 2018.
The Department of Labor noted in May 2008 that the average salary for corporate management was over $105,000 annually. Other business people earn from $25,000 to well over $100,000 annually. Business people working for corporations may also earn bonuses in addition to their salaries.