Not all business jobs revolve around the corporate world. While this is the route many people find themselves taking, it’s not the only option for those who have an interest in or are studying business.
In fact, with a business qualification, the world really is your oyster. There are so many creative ways to use your knowledge and expertise in the workplace that are much less cutthroat than strictly for-profit organizations.
From consulting to directing, there are a wide number of job options available to creative graduates looking for a fresh start in an environment that nurtures them rather than expecting them to sit in a cubicle eight hours a day.
So, if you’re ready for a new perspective on the business world, here are four alternative career options to consider:
Director for non-profit organizations
Business isn’t just about profit. There are plenty of business roles within non-profit or charitable organizations to get your teeth into. These roles tend to combine the corporate structure and mentality and use it as a driving force to do good.
If you want to find a way to use your business expertise to make a difference in the world, look for director roles within non-profit companies.
Responsibilities will include overseeing the day-to-day activities of the entire business, bringing new life into old processes with innovation, and directing the company through its objectives to accomplish its vision. You’ll have a strong place at the table with the board of directors and will be required to take care of managing staff, create marketing strategies, and handle financial decisions.
Working for smaller, non-profit businesses often means you’ll need to be willing to wear a variety of different hats throughout the day, but in return, you’ll have the freedom and creative control that you need to really make a difference.
For directors and executives in this industry, you can enjoy a salary of anywhere between $65-120,000 depending on experience. Those that have studied an advanced business administration degree or online MBA will be well prepared and suited for these types of roles.
If you enjoy flexing your creative flair, marketing is certainly an industry to consider. As business is all about driving the economy, boosting profits, and selling products and services, marketing is an integral piece of the puzzle. And, as a marketing manager, you’ll be in charge of it all.
Marketing managers do so much more than scheduling social media content. You’ll be involved with analyzing information to really get to know the consumer, predicting trends, and creating strategies to promote your business in line with future patterns.
Everything from finding new locations for your next store to managing agencies for TV commercials and billboards will come under your domain, and you’ll have a talented team underneath you to help bring your vision into reality.
Marketers use just as much business knowledge and expertise as traditional business roles, but you’ll have the additional creative freedom that you’ve been looking for. The exciting part of the role is that platforms are ever-changing, meaning there’s always something new to learn and different ways to present the business in different formats.
Study.com suggests that the average salary for marketing managers is around $132,000, though this can hugely vary depending on how large a company is. Digital marketing managers have a better chance of finding a high-paying job in key areas like New York, Boston, and Seattle. Although some may think a marketing degree is essential for these roles, a technology or business qualification can be just as relevant to the career.
Those with business knowledge don’t have to limit themselves to one business. Why not create your own consultancy firm and help them all? Using your MBA to become a consultant for other businesses is a great way to have your cake and eat it. You can enjoy the perks of working with some of the biggest businesses while also enjoying the freedom of working for yourself.
The job will involve working with different clients to advise them on and implement different strategies for success. You’ll be able to use your expertise to shape different company structures as well as help managers boost employee retention or improve their bottom line.
If you’re not sure whether you’re suited to the non-profit or corporate world, consultancy allows you to explore both options while setting your own rates for salary.
Being self-employed also opens you up to a huge number of self-development opportunities. You might be able to travel globally for work or focus more time on your family or studying for new degrees.
Although around 20% of management and business consultants are self-employed, the average annual salary is recorded as around $100,000. Everything from a degree in business to a master’s in psychology can lead to a lucrative career in management consultancy, with plenty of industries to explore.
It’s no secret that the financial sector is a high-paying, fast-paced industry that can provide challenge and excitement for business people. As an investment banker, you can help large companies or private clients make the right decisions for their finances. You’ll manage their debts, capital, and equity to ensure their money is safe from the grips of economic pitfalls and exchange rate chaos.
If you have an analytical mind (and the confidence to be in charge of other people’s money!), investment banking could be an incredible, lifelong career choice. These bankers and financial advisors can earn up to $187,000 a year – at which point you might even need your own investment banker!
There is no limit to the jobs available to those who study business. The skills learned are incredibly transferrable across a multitude of industries, giving you the chance to take any role you fancy. With a little thought and a good amount of research, you could be working for the biggest companies or the smallest non-profits in your area. And who knows, in five years’ time, you might even have your own business on the way to world domination.