With more students emerging from college with degrees in business than in any other field, the industry is a popular one for new graduates and seasoned veterans in search of employment. Luckily for these business-world hopefuls, jobs in this field are plentiful for qualified, well-trained candidates, with the U.S. Bureau of Labor Statistics projecting a 22% increase in job creation through the year 2020. From Wall Street to the Silicon Valley, business industry professionals such as management analysts, business operations specialists, sales representatives, administrative service managers, and agents and business managers are enjoying new job creation and growth as well as fast-decreasing rates of unemployment.
What does the future look like for Management Analysts?
Management analysts or consultants are benefiting tremendously from the economy’s recent unexpected trends, as companies strive to be more profitable, organized, and efficient. These professionals travel frequently, and earned a median salary of $78,160 annually as of 2010. More than 150,000 jobs are expected to be created in this field through 2020, marking a 22% industry growth.
What can Business Operations Specialists expect?
Like analysts, business operations specialists are employed to promote effective and efficient operations within a company or corporation. The median annual salary of these specialists is over $64,000; at a rate of 11.6% industry growth, more than 123,000 new jobs will be created through the year 2020.
Sales Representatives positions rising
Sales representatives are largely responsible for a company’s success as a large generator of profit and revenue. As of 2010 statistics, the median annual salary for these professionals is over $50,000. Employees in this field can expect to see more than 18% growth through 2020, as more than 105,000 new jobs become available.
Administrative Service Managers career outlook
Administrative service managers or office administrators are key components of any smoothly-run office environment, and command salaries upwards of $70,000 per year. In keeping with the trend of successfully growing businesses, these jobs are expected to see a 15% increase through 2020, seeing approximately 36,900 new jobs created.
Agents and Business Managers of Artists, Performers, and Athletes
Responsible for advising entertainment professionals on matters of finances and career directions, agents and business managers enjoy a median salary of over $63,000 yearly. Through 2020, the industry expects to see 14% job growth, as an expected 3,400 new jobs become available.
Across the board, the business industry is enjoying new job creation and growth among various positions in the field. Expected job growth bottoms out at 14%, indicating relatively high rates of expansion at all ends of the business spectrum. With comfortable salaries as well, business industry professionals can expect to see increased opportunities for success and achievement through the coming years.