If you are looking at making your career in business, then this can be an exciting and rewarding career. There are a wide variety of industries that offer job opportunities, including finance, marketing, education, sales, health care, etc. These professionals are hired for the task of analyzing and improving organizational performance and operations. The best business careers come with job flexibility, career growth, good pay, and a strong occupational outlook.
The demand for business professionals has expanded because the market globalization continues to change due to economic diversification and how people do business. Business management is a broad field with many opportunities for qualified candidates. There are multiple courses available at Simplilearn that can help your career in business, update your knowledge, and prepare for any challenges that the future throws at you. The jobs in business can be rewarding. Most of the highest paying jobs in business require years of education and on-the-job experience, and a track record of success in a chosen field or discipline.
Top 10 Highest Paying Business Jobs
A career in Business management is a broad field with different employment opportunities for the right candidates. To get the right job, you should have a bachelor's or master's degree in business studies or business management.
Below is the list of highest paying business jobs.
Social Media Researcher
Qualification: A bachelor's degree in business, communication, marketing, and journalism.
Responsibilities: The responsibility of the social media researcher is to conduct the social media campaign and establish communication with clients and customers. A social media researcher researches and oversees the social media marketing assistants and collaborates with public relations, marketing, and legal teams.
Average Salary: INR 3,00,000 per annum
Marketing Manager
Qualification: A bachelor's degree in marketing, business management, and business administration
Responsibilities: The person is responsible for the organization's marketing and advertising endeavors. The responsibilities include managing the marketing department, overseeing marketing activities, hiring marketing associates,
Average Salary: INR 3,50,000 per annum
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Human Resource Manager
Qualification: A bachelor's or master's degree in human resource or business management.
Responsibilities: The duties include recruiting, employment planning, staffing, policy development, employee development, and training and organizational communications. Should be a convincing communicator with a thorough understanding and knowledge of commercial perspective.
Average Salary: INR 3,61,000 per annum
Online course recommendation: Post Graduate Program in Project Management
Sales Manager
Qualification: A bachelor's degree in business administration, statistics, or business management.
Responsibilities: A sales manager will have to define and fulfill sales objectives, supervise the sales team, hire and train, and interact with customers. A sales manager will have to interact clearly with consumers and, to be successful, should inculcate active listening skills and respond to queries.
Average Salary: INR 4,65,000 per annum
Online course recommendation: Digital and Social Selling
Operations Manager
Qualification: A bachelor's or master's degree in operations management or business administration.
Responsibilities: The responsibilities of the operations manager will be to manage the activities of the team, manage employees, increase productivity, and reduce and control costs. In addition, they oversee hiring, training, and implementation process change. The responsibility of an operations manager can closely be associated with a career in business management.
Average Salary: INR 5,45,000 per annum
Online course recommendation: Digital Project Manager
Business Analyst
Qualification: A bachelor's degree in business administration or management
Responsibilities: A business analyst's task is to identify business inefficiencies and recommend a fix. Business analysts are part of the IT industry and transforming business initiatives. They are also the communicators between the development team and the rest of the organization.
Average Salary: INR 5,84,000 per annum
Online course recommendation: Business Analysis Basics
Data Scientist
Qualification: A bachelor's degree in business administration or management
Responsibilities: Identify data sources and automate the data collection process. Process structured and unstructured data. Analyze a large amount of information to discover trends and patterns. Create predictive models through ensemble models.
Average Salary: INR 7,00,000 per annum
Online course recommendation: Data Science Master's Program
Accounting Manager
Qualification: A bachelor's degree in finance, accounting, or business management
Responsibilities: Overseeing the accounting department's operations like payroll, budget, revenues, reconciliations, and creating and/or maintaining financial documents. Accounting managers are responsible for improving the team's performance and increasing the team's contribution.
Average Salary: INR 7,14,000 per annum
Online course recommendation: Business Analyst Program
Finance Manager
Qualification: A bachelor's degree in finance management
Responsibilities: The primary responsibility of the finance manager is to be a specialist in accounting and budgeting. They also get involved in annual audits and quarterly reviews and create and implement policy documents. They are involved in making financial decisions for the company by collaborating with the project managers and department managers.
Average Salary: INR 7,41,000 per annum
Online course recommendation: Getting Started with Basic Finance
Product Manager
Qualification: A bachelor's degree in business administration or management
Responsibilities: The product manager's responsibility is to be a tech expert and management professional. The product managers are often looked at like a CEO who is responsible for launching and updating product features.
Average Salary: INR 17,41,000 per annum
Online course recommendation: Professional Certification in Product Management
FAQs
1. Is a Business Degree worth it?
A business degree has always been a popular choice among students. These degrees are chosen by the students for many reasons, job flexibility, salary, etc.
2. What are the top 10 highest paying jobs in India in 2023?
Career |
Base Salary |
|
Software Architect |
~ Rs. 9.7 lakh/annum |
|
Solutions Architect |
~ Rs. 5 lakh/annum |
|
Commercial Pilot |
~ Rs. 15 lakh/annum |
|
Product Manager |
~ Rs. 9.1 lakh/annum |
|
Investment Manager |
~ Rs. 5 lakh/annum |
|
Management Consultant |
~ Rs. 6.7 lakh/annum |
|
Business Manager |
~ Rs. 3.4 lakh/annum |
|
Data Scientist |
~ Rs. 3 lakh/annum |
|
Chartered Accountant |
~ Rs. 7 lakh/annum |
|
Doctor/Physician |
~ Rs. 5 lakh/annum |
3. What are the management courses available in India in 2023?
- Marketing Management
- International Business Management
- Finance Management
- Human Resource Management
- Operations Management
- Hospitality Management
- Retail Management
- Hotel Management
- Entrepreneurship Management
- Media Management
Conclusion
Management jobs are highly respected and have a good pay scale, and business management students get an opportunity from various industries due to the demand for management-related jobs. Even though these jobs attract nicer salaries, these are white-collar jobs.
With many career choices available with strong hiring trends for candidates in business management, business analysis, and business development, it's always been welcoming for candidates with the right skill set.
Enrolling in the right certifications and skill training will help you to move ahead in your careers and transition into high-growth opportunities.
