Just because you're pursuing a business degree doesn't mean you have to follow the beat of the corporate drum after graduation day.
Within the 9-to-5 structure, there are several positions that allow for more creativity as opposed to those that are strictly for-profit. From consulting jobs to directing major organizations, those looking for a refreshing change to their careers can gain a new perspective in a capacity that calls for thinking outside the box, rather than inside a cubicle.
If you're interested in finding a role that suits your needs as a free-thinker, then here are 4 business career options outside of the traditional office setting:
1. Executive Director of a Non-profit
For a job that blends corporate structure with all around goodwill, becoming the executive director of a non-profit is a great career choice.
In this position, you work closely with a board of directors, overseeing the daily operations of an entity, while ensuring that new initiatives and projects involving your mission are accomplished. Each day, you may dive into certain areas, such as looking over financials, running outreach programs, managing staff members, researching marketing strategies, or training a new hire. Although you're the head honcho, the job requires you to wear many hats and be active in several departments. This makes for an interesting change-up of routine and calls for lots of creativity to complete widespread tasks.
The national average salary for someone in this position is $65,000 annually, but can increase up to $120,000 with added experience. Some of the top locations for this career are San Francisco, New York, Washington, and Dallas. Those with an advanced degree in Business Administration are most likely prepared for this type of career.
2. Marketing Manager
Perhaps the greatest proponents that drive the economy are products and services, and as a marketing manager, you have complete control when it comes to promoting a business to the world.
As a marketing manager, it's your responsibility to learn the ins and outs of a product or service and find ways to engage with consumers on a wide scale. Through social media campaigns, engaging graphics, online ads, or T.V. commercials, you're working with other creatives to drive sales and get people interacting with a brand whenever possible. Marketing jobs require much of the same skills as any other business-oriented career, but it also offers the imagination to establish original concepts that appear on many different platforms.
The good news is that marketing jobs are known to pay well. The median annual salary for a marketing manager is just over $127,000, but the downside is that job growth is only expected to grow only 2% over the next 5 years. However, moving to New York, Boston, or Seattle might increase your odds of employment since digital marketing is popular in those areas. For this role, having a degree in business or technology is useful to understand market trends or research data analytics.
3. Management Consultant
Being the one who takes advice can get old quick, which is why using your MBA to become a management consultant is a great way to be on the opposite side of the table.
Your role as a management consultant involves giving advice to company leaders about how they can improve their managerial skills and corporate structures. You may dive into different topics, like how to improve company culture or reduce employee turnover rates, but no matter the topic, you'll have much more freedom to expand your network as an independent contractor or an employee of a consulting company. In fact, the Bureau of Labor Statistics (BLS) reports that 17% of management consultants are self-employed, which means more time to pursue other endeavors with your degree while still making an impression in the field.
Management consultants earn a nice living at an annual salary of $82,000. The best consulting firms are scattered around the U.S., so there's tons of room to explore what areas are best for you. Plus, various degree types are perfect for consulting careers. For example, if you have a Master's in Psychology, you may be qualified to become a consultant for a hospital or treatment center.
4. Investment Banker
The main reason why you work so hard in the first place is to save money, so what better way is there to get involved with finances than becoming an investment banker?
As an investment banker, you direct where companies or private clients should invest and mature their wealth. Through managing debt, equity, and capital, you're able to exercise creative speculation strategies based on company details, past economic pitfalls, and future trajectories. Of course, there are moments of necessary paper filing and maneuvering government rules, but a great deal of the job calls for a level of insight and trust that may be hard to find in a typical office setting.
The BLS reports that investment bankers earn anywhere from $71,720 annually to $187,200. However, it mostly depends on the type of financial advisement you offer since the position can vary across different financial fields. Boston and New York are popular areas for financial work, and those with an MBA are strong candidates for a career in this field.
Explore Your Career Options with NCU
You may still be finishing up your degree, but it's never too early to plan for the future.
At NCU, you have the freedom to explore a variety of programs until you find one that places you in the best position to succeed. In addition, you have plenty of resources at your fingertips to transition into a career that you love. With world-class instructors and in-depth career finding tools, you have resources to help you thrive in a vocation that expresses your creativity and leads to other opportunities down the road.
To learn more about NCU and our various program, fill out the form below!