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What to do with a business degree

What do you want to be when you grow up?

Are your alarm bells ringing right now? We bet so! Oh yeah, we ALL know the question “what do you want to be when you grow up?” very well! At latest since grandmothers and chubby aunts asked us this useful forward-looking question at the age of 5…while pinching us in the cheek. Ouch!!! Maybe in the meanwhile the grandmothers and aunts gave up, but the question still hovers in the room and is now more relevant than ever!

Choosing the right career is tricky and sometimes frustrating! Even with the almost endless possibilities that you have (thanks to a business degree in your bag) it is a bitter truth that approximately only five percent of people find a good career match on the first try. There’s so much external pressure (remember…the chubby aunt) to land the perfect job, follow your passion and be super successful by the end of your 20s. No wonder most people break into a cold sweat when asked, “What do you want to be when you grow up?”

The agony of choice…

There are many great jobs in the world! Literally thousands of careers are waiting out there—some of which could be at the perfect mixture of what you’re good at, what you love, and what’s in demand. But there are fewer great jobs that are right for you. Making a good connection between yourself (your values, interests, personality, etc.) and a career can be tough.

At least you have your business degree, right? And now, it’s time to ask yourself: what to do with a business degree?

What if you don’t pick the right career?

It’s amazing how many successful people didn’t know their dream job even existed when they were younger. Furthermore amazing is the fact, that a high percentage of graduates is still miss- or uninformed about the colourful variety of careers they can pursue with the business degree. This is why it’s so crucial to know what to do with your business degree.

In today’s world, corporate business careers are available in pretty much every sector you can think of; all industries need strong leaders, managers, financial advisors and market-savvy decision-makers. For many business graduates, however, the traditional pathways still hold a strong appeal – including careers in the banking and financial sectors, consultancy, human resources and marketing roles.

Besides of all well-known traditional careers, it is now time to break a lance for the more exotic options, the so called non-traditional careers. Don’t get us wrong, traditions are great but you better be open for everything in order not to miss the job that is made for you!

Here is our top 5 of non-traditional careers you can pursue.
What to do with a business degree

1. Fashion management

Fashion is a multi-billion Euro industry, but it takes more than chic models and avant-garde designers to make it so. The management plays a critical role in its success by establishing brand awareness and unearthing new trends. Business graduates are the type of employees who can handle industries that move fast. The fashion industry is no different. It takes drive and ability to keep up with changing environments. Business students study business changes. In fashion management, you might have an opportunity to work with brands and create a strategy for getting new styles in front of their ideal customer or buyer. Fashion management involves the core functions of selling products and managing supply.

Those on the marketing and management end of the fashion industry are tasked with the unique challenge of merging their creative aptitude and business acumen in order to generate brand awareness, which in turn generates sales. Both fashion marketers and managers create and execute well-planned marketing strategies aimed at keeping their retailers relevant by positioning them as stylish and better than their competitors.

2. Higher education management

Business degree graduates have the skills necessary to help colleges and universities compete to attract students. Working in higher education provides an opportunity to impact society, helping individual’s access education and achieve their educational goals. You’re also opening up opportunities for a student that will impact those around that student—and our society.

Higher education is going through a huge transformation, and there is definitely an opportunity for business degree graduates. Given the increasing popularity of online learning programs, colleges and universities are seeking accurate methods of measuring the effectiveness of teaching within those programs as compared to more traditional, in-person forms of instruction. There's opportunity both on the analytical side and on the marketing and finance side.

3. Healthcare management

Healthcare management is a growing industry all over the world. As the population ages and life expectancy increases due to medical advances. It makes sense that the need for healthcare providers and facilities is growing, the need for professionals to manage healthcare facilities will also grow. Here are some things to know about healthcare management if you are considering entering the field.

Healthcare management is the administration, management or oversight of healthcare systems, public health systems, hospitals, entire hospital networks or other medical facilities. Duties of these professionals include ensuring that individual departments run smoothly, qualified employees are hired, information is disseminated efficiently throughout the organization, specific outcomes are reached and resources are used efficiently, among many other responsibilities. There are general healthcare managers and those who are considered specialists. Generalists oversee entire facilities, while specialists focus on the administration of specific departments like marketing, finance, policy analysis or accounting.

4. Non-profit management

For some reason, many people see non-profits as a foreign concept. In reality, they operate with similar principles as a conventional business. Therefore, they require many of the same skills business graduates have. In many situations involving a non-profit, you can gain more experience because you will be included in many areas of the non-profit since resources will be fewer in comparison to a traditional business. Many business professionals have found life-affirming, and lucrative, careers in non-profit management.

With the rise of non-profit organizations all over the world, there is a high demand for quality leadership at the management level. While there are many different options for non-profit education, there are even more careers options in non-profit management. Some professionals work within organizations which serve their members like union groups and political parties, while some have been established to serve the public at large like churches and social welfare groups. These jobs can be found in the world of healthcare, arts and culture, manufacturing, and retail. Many non-profit organizations maintain a similar structure to their for-profit counterparts which mean they are in need of program directors, marketing directors, human resource representatives, fundraising directors, and even executive directors.

5. Environmental consultancy

Many existing corporations are trying to become more environmentally friendly, meaning the demand for environmental consultants is growing. Offering an alternative to traditional business consultancy, this career path is ideal for those passionate about making the world a better place. Environmental consultants provide expert assessment and advisory services for their clients on matters pertaining to the management of environmental issues. In doing so, these guys play an integral role in reducing the detrimental impact of industrial, commercial and government initiatives on the environment.

If you become an environmental consultant, you’ll be evaluating current environmental policy, management systems and processes through comprehensive audits, and measuring environmental contamination inside and outside the client organisation’s premises. Following this assessment process, you’ll be helping clients to design and implement efficient systems and processes to mitigate current and future environmental damage. Environmental consultants tend to be employed by environmental consultancy firms with a client base which includes public sector and commercial organisations. Some environmental consultants may even run their own consulting business.

Now: what do you do with your business degree, you say? Speechless? Not yet convinced?

All right, then please fasten your seatbelt as now it is time to point out some benefits of a non-traditional career.
What to do with a business degree

More job opportunities and variety

A non-traditional careers will give you a well-stabilized path for advancement that is more unionized. When you get more advanced job opportunities, you are able to expand your career, explore new options and become more successful in the business. You can literally become anyone you want depending on the career you want to choose.

Higher salary

An increased salary is a common reason for individuals to consider a non-traditional career. More job opportunities with less job candidates will automatically lead to higher positions with much more responsibilities which leads to a higher salary.

Satisfaction and happiness

By selecting a career based on the strengths you have and genuine interest involved, it will lead to better job satisfaction. Nowadays, more than before, men and women have been excelling and finding happiness when it comes to having a non-traditional career.

If you really want to be satisfied, happy and successful, a non-traditional career could be perfect for you.

Expand your horizon and learn something new

A new career is a great chance to expand your knowledge and a non-traditional career will stand as a great opportunity for you to become even smarter and broaden your horizons. But still, you need to be aware of your possibilities: you need to know what to do with a business degree.

If you happen to be that sort of person who enjoys learning something new and would be interested in getting paid for that, then choosing something like a non-traditional career would be absolutely perfect.

Of course there are just as many reasons to choose a traditional career and like in every aspects in life, there is not only black and white. But only following the traditional way just because it seems to be easier or other people suggest you to do so, will not make you happy for a long time.

Be brave, be unique, be you!

Why should I study business