What can you do with a Business Management Degree from the UCNL? Do the following careers interest you?
A business degree is a great way to develop many of the transferable skills needed for working in a business environment. Often a business studies degree will cover subjects such as accounting, finance, management and, increasingly, entrepreneurship. This wide range of subjects reflects the multidisciplinary nature of business management, and the importance of understanding all the key elements needed to make a business successful.
The advantage of a business management degree is that you acquire general business skills along with more specialised ones, leaving you well placed when it comes to applying for graduate jobs.
What can you do with a business degree?
Corporate business careers are available in pretty much every sector you can think of; all industries need strong leaders, managers, financial advisors and market-savvy decision-makers. For many business graduates, however, the traditional pathways still hold a strong appeal – including careers in the banking and financial sectors, consultancy, human resources and marketing roles.
If a straightforward corporate career is failing to get you excited, then a business program can also give you the skills to create your own business, or to take on business and management roles within more creative industries, be that fashion, media, or even the charity sector.
Typical careers with a business degree
Don’t assume that studying business is a one-way route into business leadership and management roles – while this is a common path, business careers span multiple industries. Good business and management skills are key elements of any profitable company, and therefore effective leaders, strategic thinkers and financial experts are all in great demand. Big or small, global or local, companies all over the world are looking for business graduates like you.
Business careers in Accounting and Finance
If you decide to go into accounting or finance, your job may involve reviewing your company’s financial situation both past and present; advising clients and colleagues on tax and expenditure; managing records and business transactions; playing a role in mergers and acquisitions; and taking responsibility for preventing bad practice as well as fraud and negligence.
Business careers in Management
Becoming a manager is a tough job, with long hours and heavy responsibilities. The upside is that managerial roles are known for being higher-paid, as well as boasting many opportunities for career progression or even a career U-turn. Managers can be found across all industries and fields, and their job is to provide structure and strategy to a workplace.
Because of the responsibility of such positions, it’s unlikely you’ll find a managerial role without first gaining a further degree or a number of years of mid-level work experience. Despite this, business graduates are well-placed to become managers later on in life, and with determination and steady career progression an additional degree may not be necessary.
Business careers in Operations and Project Management
Another option which may appeal is the field of operations and project management. This means working as part of a team, combining your business management expertise and analytical skills in order to management operations and run projects, usually focusing on how to optimise a specific project for efficiency as part of the business. Projects and clients may vary widely, ensuring plenty of fresh challenges to get to grips with.
Business careers in retail and sales
There’s much more to retail and sales than shelf-stacking and cold-calling, especially if you’re armed with a business degree. Opportunities within sales and retail are numerous, including shop-based and office-based roles, as well as travelling positions for which a good knowledge of global markets is a must.
For those looking to rise to the higher levels of retail and sales careers, large companies often offer the chance to undertake a graduate training program or trainee management program, in order to fast-track your position within the company. This can be highly valuable in gaining on-the-job experience, while continuing to develop your business and management skills in a commercial world.
Other common graduate careers with a business degree include roles within auditing, banking, communications, distribution, energy and utilities, hospitality and leisure, IT, insurance, journalism, law, logistics, manufacturing, media administration, production management, public relations and the public sector.
Business careers in Marketing and Advertising
Opportunities in marketing and advertising are numerous for business graduates, particularly for those with a bit of creative flair. In these industries, business graduates can use the analysis and report-writing skills honed during their degree in order to conduct market research, develop marketing strategies, manage client relationships, liaise with copywriters, designers and printers, analyse markets and evaluate campaign results. You’re likely to be working alongside specialists such as designers, video producers and copywriters, and will need to continually broaden your own skillset to keep pace with changes in technology and market trends.
Business careers in Human Resources
Business doesn’t have to be a dog-eat-dog world, and careers within human resources offer roles which require both business acumen and highly honed interpersonal skills. Recruitment, training and pay are all areas handled by the HR department. Great communication skills are essential, but you’ll also be expected to have a good basic understanding of business operations and management as well as detailed and up-to-date knowledge of employment laws and company regulations