Highest Paying Careers in Business and Management
1. Chief Executive Officer
Salary: $173,350
Job Description: The CEO’s job is to lead the company.
CEOs are often directly involved in initiating and driving the company’s
most significant initiatives. Because of this leadership role within
the company, the CEO is normally the highest paid position in business.
Education: Many CEOs have advanced degrees in their field of specialty, and most have at least an MBA.
2. Marketing Manager
Salary: $122,720
Job Description: Marketing managers establish and
coordinate marketing policies and programs for their company. They are
responsible for market segmentation and developing product and pricing
strategies that will allow their firms to maximize their profits while
growing market share. They also scan the marketplace for new
opportunities to develop new products and services.
Education: Bachelor’s in Marketing. Many earn an
advanced degree in the form of an MBA in Marketing to supplement their
undergraduate education and work experience.
3. Sales Manager
Salary: $114,110
Job Description: Sales managers are responsible for
managing sales teams who sell products and services to customers. They
also establish sales territories and policies for quotas and goals. They
are also responsible for the development of effective training programs
for the sales representatives.
Education: Minimum requirement is often a Bachelor’s
Degree in Business, often with added emphasis on marketing. Some
companies prefer an MBA or other advanced degree. Education, sales
performance, and track record as a leader and driver of sales are
important factors.
Consider These Schools for a Business Degree
1. American InterContinental University
2. Ashford University
3. Capella University
4. King College
5. Virginia College
6. Walden University
4. Industrial-Organizational Psychologist
Salary: $114,040
Job Description: Industrial-Organizational Psychologist
apply psychology to the areas of human resources, administration,
management, and other applicable areas within corporations.
Education: A Ph.D. in Psychology or a Doctorate of
Psychology (Psy.D.) are required to work as a psychologist generally.
However, Industrial-Organizational Psychologists may practice with a
Master’s in Psychology. Many Industrial-Organizational Psychologists
choose to pursue their Ph.D. or Psy.D. as these degrees open up more
opportunities in the field.
Bachelor's Programs in Industrial/Organizational Psychology
--Colorado Technical University
--Ashford University
Master's Programs in Industrial/Organizational Psychology
--Capella University
--Grand Canyon University
Doctoral Programs in Industrial/Organizational Psychology
--Capella University
--Northcentral University
5. Financial Manager
Salary: $116,970
Job Description: Financial Managers oversee the
financial workings of a company. Titles can include CFO, Controller, and
VP of Finance. These individuals are responsible for most, if not all
areas of finance including payroll, forecasting, investment, banking,
insurance, securities and all other financial aspects of a given branch,
office or department of their corporation.
Education: Bachelor’s in Finance, Accounting, Business
or Economics is the minimum. Many employers prefer a Master’s in Finance
or an MBA.
Top-ranked Finance Programs
Top-ranked Finance Programs
1. Ashford University - BS - Finance
2. Grand Canyon University - BS - Finance and Economics
3. Walden University - MBA - Finance
6. General and Operations Manager
Salary: $113,100
Job Description: Operations Managers direct the
day-to-day operations of a company. This includes the formulation of
policies, overseeing the use of company materials, and human resources.
General and operations management jobs vary in scope and responsibility
depending on their context. The general and operations manager is often a
jack-of-all-trades and has held multiple positions within the company.
Education: While a Bachelor’s degree in Business is the minimum, an MBA is standard when seeking advancement in a major corporation.
Top-ranked Featured MBA Programs
1. Liberty University MBA
2. University of North Carolina Online MBA
3. Quinnipiac University Online MBA
7. Purchasing Manager
Salary: $100,600
Job Description: Purchasing Managers oversee and
coordinate the buyers, purchasing officers and other staff involved in
purchasing materials, products and/or services for a company.
Education: Many larger companies require at least a
Bachelor’s degree with a business emphasis, while smaller companies
often hire from within and require experience with the details of the
company’s business. Top level positions in the field require an MBA.
8. Advertising and Promotions Manager
Salary: $98,720
Job Description: These individuals direct promotions
and advertising. This includes developing the programs and ensuring the
production of materials such as ads, posters, coupons or give-aways.
Education: Bachelor’s degree in Marketing, Advertising, or Design. Many larger corporations prefer an MBA.
Top-ranked Marketing Programs
1. Liberty University – BA – Marketing
2. Herzing University – BS – Business Management and Marketing
3. Keiser University – MBA – Marketing
9. Human Resources Manager
Salary: $96,940
Job Description: These individuals oversee and
coordinate the employee recruiting and training as well as the
development of compensation and benefits policies and packages for
employees.
Education: A Bachelor’s in Human Resources is often required. An MBA in Human Resources may also be required.
Top ranked Human Resources Degrees
1. American Intercontinental University – BBA – Human Resource Management
2. Colorado Technical University – BSBA – Human Resource Management
3. Liberty University – MBA – Human Resources
10. Training and Development Manager
Salary: $95,800
Job Description: Training and Development Managers are
responsible for developing and coordinating the training programs of a
company or department. They are also directly responsible for training
company staff.
Education: Bachelor‘s degree and work experience in a related field like Human Resources.
Top ranked Human Resources Degrees
1. American Intercontinental University – BBA – Human Resource Management
2. Colorado Technical University – BSBA – Human Resource Management
3. Liberty University – MBA – Human Resources
