Business & Finance Careers

Work Environment | Skills | Knowledge | Education | Career Prospect

Business and Finance Management Careers

Business and finance management careers involve the study of money on topics such as financial planning, accounting, banking, and other aspects of business administration.

Career	Annual Salary	General Education	No. of Jobs	Work Arrangements
Accountants and Auditors	$77,250	Bachelor’s Degree	1,318,550	On-Site, Hybrid, Remote
Administrative Services and Facilities Managers	$99,290	Bachelor’s Degree	325,850	On-Site, Hybrid
Advertising and Promotions Managers	$127,150	Bachelor’s Degree	22,520	On-Site, Hybrid, Remote
Agents and Business Managers of Artists, Performers, and Athletes	$78,410	Associate’s Degree	12,480	On-Site
Budget Analysts	$79,940	Bachelor’s Degree	47,440	On-Site, Hybrid, Remote
Buyers and Purchasing Agents	$63,470	Diploma	439,020	On-Site, Hybrid, Remote
Chief Executives	$179,520	Bachelor’s Degree	200,480	On-Site, Hybrid, Remote
Compensation, Benefits, and Job Analysis Specialists	$64,120	Bachelor’s Degree	87,750	On-Site, Hybrid
Cost Estimators	$65,170	Bachelor’s Degree	208,950	On-Site, Hybrid
Emergency Management Directors	$76,730	Bachelor’s Degree	10,320	On-Site, Hybrid
Financial Analysts and Advisors	$81,730	Bachelor’s Degree	716,930	On-Site, Hybrid
Financial Examiners	$81,410	Bachelor’s Degree	60,750	On-Site, Hybrid
Financial Managers	$131,710	Bachelor’s Degree	681,070	On-Site, Hybrid, Remote
Fundraisers	$60,660	Diploma	82,080	On-Site, Hybrid
General and Operations Managers	$97,970	Bachelor’s Degree	2,984,920	On-Site, Hybrid, Remote
Human Resources Workers	$62,490	Associate’s Degree	805,080	On-Site, Hybrid, Remote
Logisticians and Project Management Specialists	$82,010	Bachelor’s Degree	933,180	On-Site, Hybrid
Management Analysts	$93,000	Bachelor’s Degree	768,450	On-Site, Hybrid
Market Research Analysts and Marketing Specialists	$63,920	Bachelor’s Degree	727,540	On-Site, Hybrid
Marketing and Sales Managers	$129,330	Bachelor’s Degree	732,490	On-Site, Hybrid, Remote
Meeting, Convention, and Event Planners	$49,470	Diploma	98,150	On-Site, Hybrid
Miscellaneous Managers	$124,650	Bachelor’s Degree	497,890	On-Site, Hybrid, Remote
Property, Real Estate, and Community Association Managers	$59,230	Vocational Studies	234,680	On-Site, Hybrid
Public Relations and Fundraising Managers	$119,860	Bachelor’s Degree	83,040	On-Site, Hybrid
Purchasing Managers	$127,150	Bachelor’s Degree	69,310	On-Site, Hybrid, Remote
Training and Development Specialists	$61,570	Bachelor’s Degree	336,030	On-Site, Hybrid

Careers in Business and Finance Management

Sample Job Titles

Financial Analyst, Accountant, Investment Banker, Financial Manager, Business Consultant, Risk Analyst, Marketing Manager, Real Estate Agent, Insurance Underwriter, Chief Financial Officer (CFO)

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Work Environment

Business and finance professionals can work in various settings, including corporate offices, financial institutions, investment firms, or as independent consultants.
Collaboration with teams, clients, and stakeholders is common, and work environments may involve both individual and group tasks.

Technology plays a significant role, with professionals utilizing financial software, data analysis tools, and communication platforms.
Varied work schedules may include regular business hours or extended hours during critical financial periods.

Soft Skills Requirements

Analytical Thinking: Professionals in business and finance need strong analytical skills to interpret financial data, assess risks, and make informed decisions.

Communication: Effective communication is crucial for presenting financial information, collaborating with teams, and advising clients or stakeholders.
Adaptability: Given the dynamic nature of financial markets, adaptability is essential to respond to market changes, regulatory updates, and industry trends.
Attention to Detail: Precision is critical in financial management, including accuracy in calculations, auditing, and compliance.

Knowledge Requirements

Financial Planning: Understanding financial principles, budgeting, forecasting, and strategic financial planning.
Accounting Principles: Knowledge of accounting methods, financial reporting, and compliance with accounting standards.
Banking and Investment: Understanding financial markets, investment strategies, and risk management.

Business Administration: Knowledge of business operations, management, and strategic decision-making.

Education Requirements

Degrees: Business and finance careers often require degrees in business administration, finance, or accounting.
Licenses: Many professions in this field require specific licenses, such as the Certified Public Accountant (CPA) or Financial Analyst (FA).

Advanced Degrees: Pursuing master’s degrees, such as an MBA, can enhance career prospects for leadership or specialized roles.

Career Prospect

Diverse Opportunities: Business and finance management careers offer diverse paths, including roles in corporate finance, investment banking, consulting, and entrepreneurship.
Global Relevance: Finance professionals contribute to global economic activities, making the field crucial on an international scale.

Career Advancement: Continuous learning and professional development can lead to advancements into leadership positions like CFO or executive roles.
Stability and Growth: The demand for financial expertise ensures a stable and growing job market, with opportunities for career progression.

Sources of References

Career data was created with the following resources, links to non-hqhire sites are provided for your convenience and do not constitute an endorsement.