The job outlook for business school graduates from the class of 2014 has improved compared with 2013 hiring. According to a recent survey by the Graduate Management Admission Council (GMAC), more companies are focused on improving performance and productivity goals and are planning on hiring business graduates to sustain and strengthen their growth.
With many opportunities available in a range of functional areas, it’s important for recent graduates to consider which careers best suit their needs and skills. According to the U.S. News & World Report and Business Administration Information, the top business jobs for this year were selected by considering median salary, job prospects, employment rate, and 10-year growth.
1) Market Research Analyst
According to the Bureau of Labor Statistics (BLS), a Market Research Analyst studies market conditions to examine potential sales of a product or service. The median salary for this position is $60,300, with a low unemployment rate of 3.9 percent, a positive job outlook with 131,500 open positions. BLS estimates that employment for this job title will increase by 32 percent by 2022.
2) Operations Research Analyst
BLS defines Operations Research Analysts as using advanced mathematical and analytical methods to help organizations investigate complex issues, identify and solve problems, and make better decisions. The median salary for this job is $72,100, with a low unemployment rate of 1.3 percent. The job outlook is positive with the expected number of job openings at 19,500.
According to BLS, Accountants prepare and examine financial records. By 2022, approximately 166,700 positions are expected to open in the field. The median salary is $63,550 with an unemployment rate of 4.2 percent.
Financial advisors offer advice on taxes, insurance options and investment opportunities. The BLS projects that employment for this job title will increase by 27 percent by 2022. The current median salary is $67,520 and the unemployment rate is 2 percent.
5) Business Operation Managers
Business Operations Managers are responsible for helping various departments within a company coordinate, to meet an end goal. A Business Operations Manager earns a median salary of $95,440 and has an unemployment rate of 4.1%. By 2022, another 244,100 new jobs are expected to be created for this position.
6) Marketing Manager
Marketing managers plan, direct, or coordinate marketing policies and programs. The median salary for this position is $119,480 and the unemployment rate is 5.2 percent. According to the BLS, there should be an additional 22,900 jobs created for this position by 2022.
7) Meeting, Convention, and Event Planner
BLS defines Meeting, Convention, and Event Planners as professionals who coordinate all aspects of professional meetings and events. The median salary for this job title is $45,810 with an unemployment rate of 5.6 percent. By 2022, a 33 percent increase in employment is expected for this position.
8) Compliance Officer
According to BLS, Compliance Officers examine, evaluate, and investigate eligibility for or conformity with laws and regulations governing contract compliance of licenses and permits. This job title has a low unemployment rate of 2.6 percent and a median salary of $62,020.