3 Fundamental Career Paths + 17 Specific Roles For Business Management Graduates
If you’re looking for a career as a manager, getting a business management degree can offer a wide array of career options in many different industries.
Learning about the jobs available with a degree in business management can help you determine if it’s the right educational program for you.
In this article, we offer 3 core career paths and specific roles you can pursue with a business management degree.
What is a Business Management degree
A Business Management degree is an undergraduate-level academic program that focuses on providing students with a broad understanding of various aspects of business and management.
This degree is designed to equip students with the knowledge and skills needed to enter the business world and pursue entry-level positions in various industries.
What areas of expertise will a Business Management degree cover
Key components of a Business Management degree program typically include courses in areas such as:
1. Business fundamentals: Introductory courses covering the basic principles of business, including organisational behavior, business ethics, and business law.
2. Management: Courses that explore the principles of management, leadership, and decision-making within an organisational context.
3. Marketing: Understanding the fundamentals of marketing, including market research, product development, branding, and advertising.
4. Finance: Basic concepts of financial management, accounting, budgeting, and financial analysis.
5. Operations management: Learning about the efficient management of business processes, supply chain management, and operations strategies. Explore the certified supply chain professional salary benchmarks.
6. Human resources: Introduction to HR management, including topics like recruitment, employee relations, training, and performance management.
7. Entrepreneurship: Exploring the principles of starting and managing a business, including business planning and innovation.
8. Strategic management: Understanding how businesses develop and implement strategies to achieve their goals and remain competitive.
The overall goal is to provide students with a well-rounded foundation in business principles. Graduates with a Business Management degree may pursue a Master of Business Administration (MBA) or other advanced degrees in business.
3 core careers in business management
In general, you can pursue 3 types of management careers:
✔️ Executive management careers
✔️ Middle management careers
✔️ First-line management careers
Executive management careers
Executive managers are top-level C-suite managers who make important business decisions for the company, including restructuring departments and launching new products.
Their job titles often have the word ‘chief’ in their title:
〰️ CEO (chief executive officer)
〰️ CMO (chief marketing officer)
〰️ CTO (chief technology officer)
〰️ CFO (chief financial officer)
C-suite managers have the ability to inspire those around them to work with them to achieve their vision and goals.
You must be able to delegate and trust the team around them, it is impossible to build a successful business with the help and support of others.
Motivational leaders display traits such as honesty, integrity, respect, and humility, because of this, they are trusted by those around them and achieve high levels of cooperation from others which improves chances of success.
An executive managers’ responsibilities can also include planning and overseeing a company’s long-term growth plans, deciding when to take a business public, and approving strategic partnerships with other companies.
Middle management careers
Middle managers report to executive managers and oversee the implementation of company goals at departmental levels.
Their job titles often include the word ‘director’ or ‘head of’ in the title:
〰️ Sales director
〰️ Marketing director
〰️ Operations director
〰️ HR director
To be successful, middle managers must have the ability to communicate in a manner that evokes a strong emotional response in others, whether it is to inspire their staff to work hard, to convince investors to part with their money, or to persuade customers of the need to buy their product.
A middle manager’s duties may involve coordinating communication between departments and company executives, mentoring and training lower-level managers for career advancement, and helping top-level managers develop and implement growth strategies.
First-line managers
This role involves overseeing the work of staff in certain areas of the business and ensuring they meet an organisation’s goals.
First-line managers are:
〰️ Project manager
〰️ Product manager
〰️ Marketing manager
〰️ Community manager
〰️ Retail manager
〰️ Restaurant manager
〰️ Business development manager
〰️ HR manager
Summary
In today’s competitive job market, professionals are seeking ways to advance their careers and achieve long-term success.
By pursuing a Business Management degree, graduates can gain an edge over their competition and increase their chances of succeeding in their chosen field.
Business Management degree equips graduates with the knowledge and skills necessary for senior positions, as well as offering flexible learning options and improved career prospects.
Whether you’re just starting your career or looking to take it to the next level, a Business Management degree can help you achieve your goals and position you for long-term success.
