Field of Study Overview

The business world fuels our economy. The flow of markets and different industries has created technological innovations that allow us to live certain lifestyles. Where would you be without energy that heats your home, a smartphone that allows you to be connect, and a car to get you to your favorite restaurant? Business, whether giant corporations or local stores, allow you the lifestyle you enjoy. Picking a major in the field of Business, Management and Marketing will allow you to study all aspects of the business world in order to engage in it yourself.

A major in the business field will teach students about the process of to buying, selling, producing and marketing goods. In addition you will learn how to manage others and promote products and services. Students will learn the techniques and principles of business for the workplace.

There are many different majors within this field. Students who are more interested in math and finance might consider a major in Accounting, while those who love interacting with people should consider a major in General Sales & Marketing or Hospitality Management. There are many more options to those interested in the Business field. Most of these majors are offered as a Bachelor degree, however some might be available as an Associate degree in some colleges.

Required Skills

In order to be successful in Business there are different skills that are needed. Efficient communicators are required in order to build relationships with clients and co-workers. Whether written or oral, communication is key skill for any business major.

People who are problem solvers and creative thinkers also do well in this field. You should also work on your time management and organizational skills in order to finish all projects on time and graduate with a good GPA.

In some programs, internships are required in order to gain experience. In addition, students will benefit from work experience in retail, customer service or any other job that requires interaction with people. There is opportunity to gain a Master in some programs, if you decide to further your education.

Career

There are many different opportunities for graduates with business degrees. The industries you can enter into are almost limitless. Some examples are fashion, food, military industry, education, hotels, manufacturers, and more.

Some of the career fields graduates enter into are Human Resource Manager, Sales Worker Supervisor, Buyers and Purchasing Agents, Advertising, Marketing, and Public Relations Manager, Credited Public Accountant, and Economist. The need for many of these positions is increasing. Students have good opportunities to find work after graduating. Internships and work experience will make you more even more hirable.

Graduates in the field of Business, Management and Marketing report an average starting salary of $42,153 with a mid-career salary of $74,157. This could differ depending on what major you pursue.

Field at a Glance

  • Yearly Graduations
    419,154
    (online) 128,534
    (associate) 34,325
    (bachelor) 384,829
  • Average Starting Salary
    $42,000
  • Average Mid-Career Salary
    $74,000

Explore Top Majors in this Field

Click Major to View Top CollegesPopularitySalary PotentialMajors Matcher
Accounting High Fair N/A
Business Administration & Management High Low N/A
Business Support and Assistant Services Low N/AN/A
Business, Management and Marketing, Other Average N/AN/A
Business/Commerce, General High N/AN/A
Business/Corporate Communications Low Poor N/A
Business/Managerial Economics Average Fair N/A
Construction Management Low Best N/A
Entrepreneurial Studies Low Good N/A
Finance & Financial Management High Best N/A
General Sales and Marketing Low N/AN/A
Hospitality Management High Poor N/A
Human Resource Management Average Low N/A
Insurance Low N/AN/A
International Business Average Good N/A
Management Information Systems (MIS) Average Best N/A
Management Sciences and Quantitative Methods Average Fair N/A
Marketing High Low N/A
Real Estate Low Good N/A
Specialized Sales, Merchandising and Marketing Operations Average Poor N/A

College Ranking by Field of Study

Click rankings below to view the top colleges in this field
Salary data is estimated by College Factual using 2013 data provided by PayScale.
We can help you make the best choice of a college major

Students that went to this school also considered:

Apply for Scholarships