EDUCBA

EDUCBA

MENUMENU
  • Free Tutorials
  • Free Courses
  • Certification Courses
  • 40+ Courses All in One Bundle
  • Login
Home Personal Development Blog Professional Development Skills Career in Business
Secondary Sidebar
Personal Development Blog
  • Professional Development Skills
    • HRM and Personnel Management
    • How to Develop a Communication Plan?
    • Career in Learning and Development
    • Emotional Intelligence Quotes
    • One Can Pursue in 2016
    • Career Change Option
    • Develop Learning Skills
    • Career Advice for College Students
    • Time More Effectively
    • Corporate Entrepreneurship vs Social Entrepreneurship
    • Certifications Skills
    • Certification Training Programs
    • Fear Level and Get Ahead in Business?
    • Industry Analysis In A Business Plan
    • Career in E-Learning
    • Career in Business
    • Small Business Ideas With Low Investments
    • Startup Guide
    • Time Management Activities
    • Achieve Goals
    • Salary Expectations
    • Professional life Coach
    • Professional Development Plan
    • Successful Market Leader
    • Leadership Skills Qualities
    • Soft Skills For Corporate
    • Emotional Intelligence
    • Passion Project at Work
    • Presentation Skills
    • Workplace Effectiveness
    • Develop Interpersonal Skills
    • Sales Reports
    • Skills To Successful
    • Right Decision
    • Professional Life Skills
    • Coworker Relationships
    • Master Interpersonal Skills
    • Rebuild Your Credibility
    • Impromptu Speaking
    • Professional Mentor
    • Shyness at Work
    • Professional Relationships
    • Creative Work Plans
    • Networking Strategies
    • Effective Leadership Competencies
    • PR Person
    • New Hire Skills
    • Sales Skills
    • Negative Work Habits
    • Workday Events
    • Professional Interview Grooming
    • Data Visualization Types
    • Smart Career Goals
    • Personal Brand Strategy
    • Online Forms Services
    • Public Speaking Techniques
    • Listening Habits
    • Resolutions Goals
  • Career Development Tips (29+)
  • Interview Preparation Tips (41+)
  • Job Searching education (43+)
  • Personal Development Skills (50+)
  • Verbal and Nonverbal (13+)
  • Workplace Behaviour (73+)
  • Communication (19+)
Personal Development Blog Courses
  • Online Job Interview Course

Career in Business

By Madhuri ThakurMadhuri Thakur

Career In Business

Career in Business

When you start moving your feet (to walk) on the world floor, it is very much likely that you will fall, but the respect in which you will get up will matter the most. As of all, the year you have been part of 2019 is no different. In each year, everybody is looking to make a strategic career move, and moving to the business sector is a good move if you are good at communicating with people, have good intro career skills, and genuinely have a little of common sense. All these things combine, and you are good to jump into the business sector.

For working in the business sector, you just have to single aim. That is how you are going to generate profit for the organization, whether by looking into social media and finding what is trending or going for some specific individual analysis and tracking their demands. These are only a few things that you can do by tracking people’s views, but in business, there is much more than just tracking people’s views. So let’s look into all the aspects of it in detail.

Education Requirement for Making Career in Business

In a business field, to achieve success, the paths are limitless but let us first go through the conventional one. So to be in the field of business, you should first consider taking math’s in your school till +2 studies with a bit of focus on communication and computers- to keep in touch with the technical aspect of a business.

Then for your bachelor, you can go for economics, accounts, or any associate degree of business (B.B.A-Bachelor in business administration). And finally, you can reach your destination by getting into of the best Business school by clearing their standardized exam (For getting into IIM’s in India there is CAT and for world platform, there is GRE, GMAT, etc.). Then, get an MBA (master degree in business administration with a reputed organization), and things will start to roll for you.

Start Your Free Personal Development Course

Effective resume making, job hunting, campus recruitment training & others

Or

After completing your bachelor, you can directly opt for some professional certification like CBM (certified business manager) or PMP (project management professional). This type of certification will help you to land in the business world directly (at least at entry-level). But with these certifications, you have to be on your toes and keep updating yourself by giving some hours so that your credential will remain current.

Career Path in Business

Basically, when you look into the career path, you will find there are 3 core sectors in which your business acumen will be tested majorly.

All in One Personal Development Bundle(40+ Courses)
Interview PreparationResume MakingCommunication SkillsBusiness Writing Skills
Job HuntingEmail EtiquetteCorporate EtiquetteGroup Discussions
Price
View Courses
40+ Online Courses | 80+ Hours | Verifiable Certificates | Lifetime Access
4.8 (64,792 ratings)
  • Financed: Looking into the financial aspect of a business. To achieve success in this path, you need to have a good understanding of business math and statistics, and accounts are also a must.
  • Marketing: Looking at the sales aspect of a business. For this sector, you need to have good communication because you have to convince the client to implement your idea in their business; one has to be far-sighted.
  • Human-Resource: Looking into the workforce management of a business. This is the most important part is here; you have to manage the people that are very valuable to the organization, and the people management person has to be multitasked and know how to prioritize one’s work.

You can choose anyone (or others) of them (as per your inclination) because each one of them is unique in itself.

Job Position and Application Area

Now the skills that you gain while pursuing your degree will allow you to start contributing to your or your employers business effectively and quickly. The application to business acumen is limitless; you can build your own model or make work easier for others.

Now a day’s data analytics is a major boost and the hottest job of the 21st century. Business acumen and statistics can be mixed to find the trend or waves in data which will indirectly or directly open many gates for employment, as you can see in the case of many companies like Ola, Uber, Oyo rooms, etc.

So some of the positions that we can look for are:

  • Business Advisor
  • Business Analyst
  • Business Development Manager
  • Project Manager
  • Business Accountant
  • Human Resource Management
  • Sales Management
  • SalesForce Management etc

Again the list will go on, but it’s you who have to check your inclination.

Salary

(The thing that judges your worth in people’s market).

As much as we can say about it but we all work for this, So it will be better to look into this framework so that you get a clear picture that what you are getting after pushing yourself this far.

These are the Median Annual salary that you can get (only restricted by your potential):

Business Career

Median Annual Salary

Sales Management $117,960
Financial Management $121,750
Human Resources Management $106,910
Food Service Management $50,820
Health Care Administration $83,810
Marketing Management $131,180

Reference: https://www.allbusinessschools.com/business-administration/salary/

Career Outlook in Business

  • As per a report from the United States Department of labor, employment in the business operation is projected to grow 10% by 2026 (Faster than any other occupation).
  • Globalization and other worldwide phenomena are surely going to support business all around the world.
  • In addition, a major surge in data usage will be led to more number of market analysts/business analysts because to understand the customer and product demand, you need a business brain.

Conclusion – Career in Business

It is totally conclusive from here that the business practices are not going to stop in the coming future, they will only grow, And as more and more new implementations are attacking the system, it is just helping in opening more and more gates to this field. Business strategies and analysis is the pivot of any running system, and you cannot run a system without its pivot. So as the innovation continues, they will innovate themselves as well and will always add quality to a firm. We just wanted to add one more point that “business is one of the oldest professions, and it will continue to grow as it has been in the past”.

Recommended Articles

This has been a guide to Career in Business. Here we have discussed the education, career path in business, job position, salary and career outlook in Business. You may also look at the following article to learn more-

  1. Careers in Data Analytics
  2. Career In Digital Media
  3. Career In Google Adwords
  4. Career In Designing
Popular Course in this category
All in One Personal Development Bundle (40+ Courses)
  40+ Online Courses |  80+ Hours |  Verifiable Certificates |  Lifetime Access
4.8
Price

View Course

Related Courses

Job Interview Training (12 Courses, 2 Case Studies)4.9
0 Shares
Share
Tweet
Share
Primary Sidebar
Footer
About Us
  • Blog
  • Who is EDUCBA?
  • Sign Up
  • Live Classes
  • Corporate Training
  • Certificate from Top Institutions
  • Contact Us
  • Verifiable Certificate
  • Reviews
  • Terms and Conditions
  • Privacy Policy
Apps
  • iPhone & iPad
  • Android
Resources
  • Interview preparation tips
  • Job searching
  • All Tutorials
Certification Courses
  • All Courses
  • Complete Job Interview Success Program
  • Personal Development Course - All in One Bundle

ISO 10004:2018 & ISO 9001:2015 Certified

© 2022 - EDUCBA. ALL RIGHTS RESERVED. THE CERTIFICATION NAMES ARE THE TRADEMARKS OF THEIR RESPECTIVE OWNERS.

EDUCBA
Free Personality Development Course

Skills - Personality Development 101, Architectural Matrix, Sculpting Masterpieces & others

*Please provide your correct email id. Login details for this Free course will be emailed to you

By signing up, you agree to our Terms of Use and Privacy Policy.

EDUCBA Login

Forgot Password?

By signing up, you agree to our Terms of Use and Privacy Policy.

EDUCBA
Free Personal Development Course

Effective resume making, job hunting, campus recruitment training & others

*Please provide your correct email id. Login details for this Free course will be emailed to you

By signing up, you agree to our Terms of Use and Privacy Policy.

EDUCBA

*Please provide your correct email id. Login details for this Free course will be emailed to you

By signing up, you agree to our Terms of Use and Privacy Policy.

Let’s Get Started

By signing up, you agree to our Terms of Use and Privacy Policy.

This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy. By closing this banner, scrolling this page, clicking a link or continuing to browse otherwise, you agree to our Privacy Policy

Loading . . .
Quiz
Question:

Answer:

Quiz Result
Total QuestionsCorrect AnswersWrong AnswersPercentage

Explore 1000+ varieties of Mock tests View more