Earning a business degree in any branch tends to be a worthwhile investment, especially when you have nice corporate event venue Singapore to work in. Studying Business Management can be a great way to achieve financial freedom. However, a successful career in business requires hard work, consistency, and perseverance.
If truth be told, any degree you seek will require some investment. It can be measured in money, time, and energy. Every student expects each investment to be a payoff- increased earning potential, skills to climb the career ladder, economic stability, subject-specific knowledge, and increased marketability.
A business management degree, in general, offers a wealth of benefits to succeed in the business domain. A business management degree is a better return on investment, ranging from increased marketability to improved self-esteem. In this blog, we will explore all fields in business management with the best potential return on investment.
7 best business management fields that can make you a fat cat
Based on findings, here are the top seven best-paying business management fields:
Accounting is one of the best-paying specializations in business management. To organize their finances, accountants are in high demand in all companies, from start-ups to conglomerates. Accountants earn big fat pay cheques to create financial reports, follow accounting practices, and conduct audits. According to payscale, the average salary for an accountant in Canada is CAD 53,327 per year. Best paying accounting jobs include Business Strategy Analyst, Finance Manager, and Marketing Director.
Managers are imperative to manage company teams and successfully run a business. Some managers look after finance operations, while others lead crucial teams. However, all the verticals in a company are managed by managers to deal with the complex challenges in the business domain. In a nutshell, business managers supervise and oversee business practices and operations to achieve efficiency. According to payscale, a business manager in Canada makes CAD 67,124 per year.
Economists working in a corporate are directly involved in microeconomic issues. They research economic problems, collect data, analyze it using mathematical models, and forecast consumer demand. An economist is crucial for an organization, and they are well paid. The Indeed report suggests that an Economist earns about CAD 86,162 per year.
Professionals with an entrepreneurial mindset are in high demand in large companies. Companies are desperately looking for individuals who can contribute significantly to growing their businesses. In addition, studying entrepreneurship can provide skills and knowledge to start or grow a business as well. Indeed reports that the average salary for an entrepreneur in Canada is CAD 55,720 per year.
- Supply chain management
This field of business management studies economics, logistics, and finance. Supply chain managers manage logistics and overcome challenges with their problem-solving abilities. They also perform data analytics and inventory management. According to payscale, a supply chain manager in Canada makes CAD 80,652 per year.
That’s not all. A career in Human Resources management and marketing are also among those business management fields that have the potential to make you rich. So, apply for a business management course in Canada now!
This article is written by Monika Sinha.