14 January 2021 | Career Advice | Guest Author
A Career Guide for Business Degree Graduates
Business majors are an integral part of the society today, especially in a world where economic development is key to a qualitative and financially secure life. If you have already completed your business education, or are planning to do so in the future, it is important to know that there are a plethora of advantages to going to business school, starting from the transferable skills you learn during school to the diverse range of career opportunities upon graduation. Your competencies in analysis, planning, and finance will be of help regardless of your career path.
Entering the job market might seem like a challenge at first, but once you do find yourself working a full-time job upon completing your studies, you will see that it is nothing short of fulfilling. As a business graduate, you have plenty of opportunities to get acquainted with the job market, even during your studies there are plenty of internships available for business students. This will allow you to gain experience, put everything you have learned to use, and learn how the labour market works.
Where To Begin?
After graduation, you might think that the possibilities are endless, and presumably, you do not know where to begin. If there is one thing you should begin with, it is your CV/resume. You should tailor your resume/CV to the jobs you attend on applying to, prepare a cover letter when applicable, and reconnect with your references. There are numerous places you can search for a job, starting with online portals, the career section of company websites, or even on university notice boards.
Keep in mind to stay organized, especially when you are applying for multiple job positions at the same time, which is probably the case. Make sure not to miss deadlines, not to lose phone numbers, or to read each requirement carefully upon submitting your application and preparing your resume/cover letter. Some companies hire through recruiting agencies, so make sure you specify the position you are applying for, as is noted in the announcement.
The interview process is pretty simple if you prepare for it. If you are offered an interview, make sure you go prepared and on time (not too early and especially not too late). Read about the company, the position you are applying for, prepare to talk about your competencies, experience, goals in life - all this (and not only) is information that might be inquired during the interview.
Top Jobs for Business Majors
Business majors may find employment wherever they go and in a diverse range of industries. Although the future might not seem promising straight out of graduation, statistics show that, for example, in the UK graduates earn largely satisfying incomes, while graduates in Germany have the second highest rate of employment in Europe. As a business degree major, rest assured that your profession and capabilities will be useful in a large variety of industries. In the below sections are just some of the main professions for business majors, but keep in mind that business qualifications offer endless employment opportunities.
Here are some of the top jobs for business degree graduates:
Accountant. An accountant is often an integral part of a specific business because they keep track of financial records, by keeping and interpreting them. Accountants deal with numerous finance-related tasks, either working with businesses and organizations or individuals.
Financial Analyst. As a financial analyst, you will find yourself working in banks, insurance companies, or pension funds among others. You will have to provide advice on investment decisions to either businesses or individuals.
Advertising Managers. If you undertake this role, you will be responsible for creating engaging and thoughtful campaigns, in order to bring in more customers, whether it is online, printed, or through social media.
Supply Chain Analyst. Individuals working in this role will oversee the visualization of products and merchandise. They communicate directly with distribution centres to make sure everything is distributed correctly, while showing strong problem-solving and detail-oriented skills.
Economist. Economists are responsible for studying the distribution and production of goods and services, analyzing data, and evaluating economic issues by using data to foresee upcoming or impending issues in the economy.
Operations Research Analyst. If you find yourself filling this position, you will be responsible for producing strategic practices, which are efficient and practical, in order to diagnose problems and make the completion of tasks a simpler process.
Chief Executive Officer. Almost all companies need a CEO, who is tasked with making integral decisions in the company, whether it is a local business or a big corporation. CEOs are responsible for the overall functioning and organization of the company and its wellbeing.