FT. LAUDERDALE, Fla., Oct. 12 /PRNewswire/ -- With an economy in a tailspin, a great way to be on a safe side is to obtain a graduate or at least an undergraduate degree in the field of business management. This specialization is under demand worldwide. Ultimately, this has resulted in a growing demand of business management majors leading to wonderful salaries.
This is one of very few degrees that will land a high paying job for graduates even in a recession. Universities and colleges know they must offer something more than the conventional business administration degree to help their graduates succeed in the job market so the offerings are growing. Students are provided with more options including human resources, supply chain logistics and information technology in order to make them prepare for managing ever-increasing demands of multinational organizations.
According to Sheila Danzig, founder of http://www.TheDegree.com, the premier Internet online degree portal, starting salary packages for undergraduate business degree holders vary from $35,000 to $50,000. The starting salary is based initially on the specialization of the graduate and the geographical location of the job. Some of the most well known majors in which people specialize are administration, finance, marketing, accounting and economics. Most business institutions require students to take core courses. There are some jobs which are perfectly suited to the graduates from all majors and everyone holding a business degree can do these jobs to his best. For instance, a holder of finance major can properly manage all those assignments which would probably fit in for an accounting major holder. The three majors which lead to most handsome salaries and readily available job opportunities are financial services, health care and information technology. A great advantage of accounting majors with CPA accreditation is that they have the most stable jobs since their demand is always less than their supply.
Danzig added that students who go on to obtain their Masters in Business Administration increase their earning power. She further stated that qualified MBAs have a starting salary ranging between $60,000 to as much as $100,000. MBA majors like IT and finance majors get an average of $80,000. Experienced professionals holding Executive MBA degrees obtain higher than $100,000.
However, Danzig did highlight the point that although money is extremely important in life, it should not be the only reason to obtain a degree in business management. She firmly said that the students should be passionate about their studies.
After obtaining this degree, and specifically in any one of the highly demanded majors, the graduates will not face any problem in getting hired.
The fastest way to both graduate and undergraduate business management programs is online study. You can compare different online institutions at http://www.TheDegree.com.