Career Inspiration

Top 10 highest-paid jobs in the business field

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Mercy Awofiranye
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It was Andy Warhol who said that “making money is art and working is an art and good business is the best art”. The thought of being in the business field for many people often translates to money, lots of it. However, it does not work that way. Like Andy Warhol, it is an art whose principles need to be learned so that it can be properly harnessed to generate results. If you want to explore a new career path in the field of business, it is important to note that it equally takes dedication, time, and action to be successful just like other fields of interest. However, we have listed out the top ten paying jobs you can explore in the business field to put you ahead in your financial plans.

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Benefits of pursuing a career in the business field. 

As a newbie who wants to explore a career in the business field, you stand to gain the following benefits:

1. Development of management skills

Exploring the business field helps you build your management skills as it is crucial that you know about management for you to thrive in this field. It doesn’t matter if you want to become an entrepreneur, or you want to work in the corporate world, it is important that you imbibe management skills to thrive, and pursuing a degree in the business field will help you to do just that. Some of the important management skills you need to imbibe include leadership, presentation, problem-solving, project management, and so on. 

2. Broadened knowledge about multiple disciplines

Embracing a career in the business field will push you to learn about other disciplines because you need the knowledge to thrive. Human resources, finance, and consultancy are some of the disciplines you will learn from. Additionally, knowledge cannot be too much and all of this will help you in your career and even in your personal life. 

3. Access to high-salary

When it comes to matters like finance, business, and economy, it should not be taken with levity as so many things depend on it. If a country has a stagnant economy, it affects everyone and everything. Due to the high professionalism and efforts required to work in this field, it is often compensated with high remuneration. Most especially for people who work in prominent and notable companies. 

Read also: How To Get Admission Into US Universities Without Travel Agents

4. Increase employability

Getting a  bachelor’s degree in business management provides the opportunity for you to be employable because of the skills you have gathered that are essential in the business world. People work to get money, and companies and establishments function to make a profit. If the processes aren’t professionally managed, companies will run at a loss and no one wants this. This is why the demand for professionals in the business field who are highly skilled is necessary. As they will be able to work effectively to meet the company’s goal. 

Top 10 Highest-Paying Jobs in the Business Field. 

Seeking to pursue a career in the business field but don’t know the exact job to prepare for? We have provided a list of the top 10 highest-paying jobs in this discipline that you can explore. 

1. E-commerce specialist

A career path you can explore in the business field is being an e-commerce specialist. An e-commerce specialist is responsible for the implementation of strategies to enhance online transactions and processes. It entails deciding on the products to publish on the e-commerce portal. An e-commerce specialist must have a knowledge of how technological tools work to enable them to be effective in their practices. The salary range of an e-commerce specialist is seen below: 

JobsUnited StatesCanadaUnited Kingdom
E-commerce specialist$53,476 CA$59,712 £37,487

2. Business systems analyst

This is another guaranteed high-paying job in the business field and professionals in this field are responsible for determining the institution’s requirements, reviewing the internal system’s protocols, and checking the cost of the estimations to enable them to make proper decisions among other roles. A business analyst must be innovative and imbibe problem-solving skills to thrive in this field. The salary range of a business systems analyst is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Business systems analyst$92,981 CA$80,554 £52,502 

3. Business intelligence analyst

A business intelligence analyst is also called a Bi analyst and they are responsible for gathering and compiling data about specific companies or their competitors. Furthermore, they use the information obtained to develop strategies to help companies improve their effectiveness, and achieve their goals and market standings. The salary range of a business intelligence analyst is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Business intelligence analyst$98,218  CA$83,066£49,361

4. Investment bankers

Investment bankers are responsible for conducting research, overseeing company mergers, and raising capital for businesses or individuals amongst other duties. They are to have excellent research and writing skills as they will be responsible for giving updates about their findings. Also, they are to prepare legal and financial documentation to be useful for companies. The salary range of an investment banker is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Investment banker$270,765 CA$83,253£52,535

Read also: 10 Profitable Businesses You Can Start In The US As An Immigrant

5. Portfolio manager

Additionally, this is another high-paying job in the business field. Portfolio managers are responsible for for managing the portfolios of their clients which are usually companies and then ensuring that their investments yield profitable results. They develop strategies to help companies invest wisely so that they can get attractive returns on investment. They analyze the market trends before making decisions that must be in favor of their clients. The salary range of a portfolio manager is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Portfolio manager$144,141CA$136,574£80,049

6. Internal auditor

Internal auditors help companies properly establish and maintain financial accuracy and internal control. They are responsible for the implementation of strategies that are aimed at improving their client’s internal practices so that they can minimize financial and business risks. The salary range of an internal auditor is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Internal auditor  $71,642CA$85,633£53,055

7. Sales Manager

The sales manager heads the sales team of their company. Additionally, they are responsible for setting sales goals and drafting sales plans that will ensure that the company generates profits at the end of the day. They also provide their teammates with the necessary training and guidance they need to be effective in carrying out their duties. The salary range of a sales manager is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Sales manager $107,090 CA$90,083 £60,356 

8. Market analyst

As the name implies, a market analyst is responsible for analyzing the market trends and providing their clients with the information so that they can develop structures and strategies to help them achieve their planned goals. The information they collate and analyze is also essential in the prediction of future trends so that companies can guard against any negative pattern that might hinder their growth.  The salary range of a market analyst is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Market analyst$67,484CA$72,815£49,552

9. Economist

Being an economist is also a profitable career path in the business field. Economists are responsible for advising companies, businesses, and government agencies on the best decisions to make economically. Additionally, they develop models that predict financial developments and trends.  The salary range of an economist is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Economist$122,752CA$92,964£53,803

10. Corporate Controller

Corporate Controllers supervise the financial and accounting operations of companies. They create workable and realistic financial policies and help perform risk assessments so that economic concerns and risks are reduced to the barest minimum. The salary range of a corporate controller is seen below: 

JobsUnited StatesCanadaUnited Kingdom
Corporate controller$168,532 CA$148,987£49,091

Read also: 10 Affordable Colleges In The USA

Top 10 Business Schools Globally

We have compiled a list of the top 10 business schools globally according to the QS World ranking. They are: 

SchoolLocationQS World Ranking
Harvard UniversityCambridge, United States1
INSEADFontainebleau, France2
London Business SchoolLondon, the United Kingdom3
Stanford UniversityStanford, the United States4
Massachusetts Institute of TechnologyCambridge, United States5
University of PennsylvaniaPhiladelphia, United State6
Bocconi UniversityMilan, Italy7
University of CambridgeCambridge, the United Kingdom8
University of OxfordOxford, United Kingdom9
HEC Paris School of ManagementParis, France10

Courses/Degrees to help you start a career in the business field

If you want to start a career in the business field and you are wondering what courses you can explore, we have listed some options for you:

Degrees

  • Business Administration
  • Marketing
  • Accounting
  • Economics
  • Entrepreneurship
  • Finance
  • International Business
  • Social Entrepreneurship
  • Business law
  • Digital and Social Media Marketing

Read also: Find Out 7 Common Reasons Why Canada Student Visas Get Rejected

Certifications

  • Certified Manager (CM)
  • Project Management Professional (PMP)
  • Professional in Business Analysis (PBA)
  • Certified Brand Manager (CBM)
  • Certified Supply Chain Professional (CSCP)

Start with us

Do you desire to start a career in STEM? The first thing is to pursue a degree in STEM. Wondering how to go about pursuing a postgraduate degree in STEM courses abroad? We can guide you through your journey and make your dreams come true. Reach out to us at EdXtra to access opportunities that will help you on your journey

Enrolling in the top universities in the world can increase your chances with employers. Unfortunately, it can be quite expensive to study abroad due to the current economic crisis. But this shouldn’t limit you as there are other options you can explore to enhance your career. 

MPower Finance and Prodigy Finance are some of the best student loan providers for international students. They also do not require any cosigner or collateral before application. At EdXtra Associates, we can help you with your loan application process. We also provide educational consultancy services for international students to help make your journey easier and faster. You can reach out to us, as we’d love to guide you through this journey. 

Author

  • Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.

This post was last modified on March 18, 2024 5:40 pm

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