Highest Paying Jobs in Business and Finance

Careers that pay huge salaries in today’s labor market abound. Particularly, some of the highest paying jobs in business and finance can be easily identified given the increasing numbers of evidence in their professional suits.

As the world is daily getting the understanding that independent marketing and efficient management of cash inflow as well as outflow are the only major pinnacles of personal wealth, the sectors of business and that of finance have witnessed large graduates’ interests. Well, only the highly qualified and professionally capable individuals unstoppably succeed, making magnificent landmark.

Hence, the lifestyles of many of those professionals make the jobs in these two fields admiringly paying and rewarding. Check out what this content has to share for taking interest in becoming one of the highest paid in the business line.

Jobs in Business Sector

Below are some of the jobs that you can find in the sector of business; without argument, many of these jobs are the highest paying jobs in the field:

• Sales Managers

Sales managers generally obtain a minimum of an associate’s degree in business administration or marketing to gain the knowledge and skills required for employment though many employers prefer candidates with a bachelor’s or master’s degree. Earnings for sales managers range from $54,560 to $125,130 annually.

Sales Managers are professionals who oversee a staff of sales representatives, research sales statistics, devise means of cultivating sales potential, and develop means of improving means an organization’s sales.

Sales managers work closely with dealers and distributors to monitor sales performance, gain insight into sales potential, and cultivate knowledge of customer preference to assure maximized profits and assist in the development of products.

• Marketing Managers

Marketing managers utilize a number of advertising and public relations techniques to promote sales and maximize a businesses present and potential. Marketing managers primarily must have a minimum of a bachelor degree in marketing, public relations, or a related field to gain the specialized skills and knowledge necessary to establish careers.

Marketing managers earn yearly salaries of $80,900 to $151,260. Marketing Managers are responsible for planning, estimating, organizing, and promoting businesses based upon customer, competitor, and company analysis. Marketing managers assess and determine the demand for an organization’s products and services and develop ways of increasing profits, investments, and shares.

• Management Analysts

Management Analysts assess and determine the best means of restructuring organizations to maximize efficiency, investments, and profits. Management analysts are considered the problem solvers of the business industry and devise ways to assist companies in remaining competitive. Management analysts also offer specialized guidance to decrease costs, increase operations, and develop marketing plans.

A bachelor’s or master’s degree in business administration offers individuals the refined knowledge necessary to work as management analysts. Management analysts advance to employment earning salaries of $54,890 to $99,700 yearly.

• Human Resource Managers

Human Resources Managers are responsible for cultivating, training, retaining, and compensating human talent. Human resources managers offer strategic planning to improve productivity and the overall efficiency of an organization.

Many human resources managers also specialize in handling employee benefit programs, incentive programs, and attendance issues. Human resource managers complete Masters of Business Administration in Human Resources to advance to positions with salaries of $73,480 to $126,050 yearly.

Human resources managers also attract, motivate, instruct and improve the morale of an organization’s most valuable resources: its employees.

• Personal Financial Advisors

Personal Financial Advisors offer short and long term means of managing monetary investments to clients. Personal financial advisors provide clients with means of maximizing their financial objectives in investments, pensions, retirement savings, and insurance coverages as well as means of minimizing and managing debt.

Earnings for personal financial advisors generally earn $46,390 to $119,290 annually.

Read Also: Best Ways to Manage Personal Finances

Personal financial advisors also offer knowledge of State and Federal taxes to clients. Personal financial advisors complete a bachelor degree in economics, business, finance, accounting, mathematics, or law to secure the educational basis necessary for career success though many complete graduate degrees.

Careers in Finance Sector

In this article, which is focused on the highest paying jobs in business and finance, we shall expose you to some of the careers or jobs that pay seriously:

• Senior Accountants

Senior accountants are usually at the top of an accounting hierarchy and are responsible for the day-to-day duties of accounting. They perform tasks like being accountable for sticking to budgets, meeting accounting goals and overseeing corporate expenditures. The national average salary for most senior accountants is $789,341 every year.

• Private Equity Associate

Private equity associates are business executives working for investment banks, finding investors, assisting them with investments, and performing due diligence on current investors. Private equity associates need to have excellent interpersonal communication skills. The national average salary for most senior accountants is $614,295 every year.

• Financial Analysts

Financial analysts comb through financial data to help business stakeholders make informed decisions about company finances. They work for financial institutions like banks, funds, insurance companies and more to support the buying decisions and needs of customers all over the country. The national average salary for most senior accountants is $956,570 every year.

• Investment Bankers

Investment bankers manage the portfolios of businesses and government agencies that invest in a number of different businesses. These professionals help clients raise and invest capital in a way intended to help the business achieve its financial growth goals. The national average salary for most senior accountants is $840,509 every year.

• Chief Financial Officer

Chief financial officers (CFO) oversee business budgeting, cost-related decision-making, and financial teams. The CFO role is one of the highest paying finance jobs because it requires financial leadership, experience, and an extensive network. The national average salary for most senior accountants is $528,583 every year.