Top Jobs for Professionals in Global Business Management
As economic, cultural, and societal globalisation is accelerated by communication technology and transportation, global business management professionals are essential in managing this transformation. Those with an MBA degree concentrated on global business can assess how differing economic, political, social, and cultural factors influence multinational enterprises. As a result, professionals with an MBA in global business studies can succeed in C-suite roles, across various industries and organisations. Learn more about the top jobs for professionals with a business degree, in-demand skills in the global job market, and typical salaries based on the role and career experience.
What jobs can you get with a business management degree?
There are numerous careers for professionals with a business management degree to explore. Each role requires distinct skills, from financial trading and international marketing to data analysis and business operations. We have compiled several career paths for those with a business management degree.
Business development manager
One of the most favoured jobs for professionals with a business degree is working as a business development manager. Business development managers help businesses expand by outlining a business development plan, establishing relationships with potential partners, clients, and customers, and hitting revenue goals. Business development managers help improve profitability by expanding a business into international markets. These professionals must possess up-to-date knowledge about global markets, business operations, and international laws and regulations that could impact the strategy.
Business development manager responsibilities:
- Researching and identifying business opportunities at a global scale
- Generating leads and contacting partners and customers
- Presenting business plans to customers and clients
- Outlining business growth objectives and creating a corresponding strategy
- Carrying out operational changes
- Support workforce transformation and employee training programmes
- Research and understand trends in the evolving international business landscape
Business development manager salary:
Business development managers earn between £30,000 and £60,000. Senior-level business development managers, or business directors, can earn approximately £80,000.
Data scientist
Organisations have a surplus of data, and as a result, there is a surging demand for data science skills across the UK. Data scientists transform unstructured data into meaningful insights that organisations use to improve business strategy, operations, and overall results. Data scientists analyse and interpret raw data using algorithmic, data mining, artificial intelligence, machine learning and statistical tools. Data scientists with a background in global business management display the right combination of technical, analytical and communication skills needed to present findings in an international context.
Data scientist responsibilities:
- Building algorithms and designing experiments to clean and extract data
- Using machine learning tools to produce data-driven solutions to business challenges
- Testing data mining models and selecting the right model for each project
- Communicating findings to internal and external teams, including leaders, stakeholders, and clients
- Using data visualisation tools to create clear reports that tell clear stories about the data and findings
- Staying up-to-date with the latest technology, processes and trends in business
- Enabling business expansion by using data insights to identify opportunities across HR, marketing, supply chain, and other areas
Data scientist salary:
Data scientists earn between £40,000 and £60,000. Experienced data scientists can make upwards of £60,000, and in some cases, more than £100,000.
Financial trader
Financial traders are professionals who buy and sell shares, bonds and assets for investors. Traders work with individuals and banks to make prices, execute trades, maximise assets, and minimise financial risk. It’s especially important for financial traders to approach their role from an international perspective. Traders must constantly observe and track happenings in the international markets to identify issues that may affect their clients, current market prices, possible risks, and patterns for predicting future opportunities.
Financial trader responsibilities:
- Gathering information and analysing the market
- Using detailed data analysis to craft in-depth market reports
- Developing client relationships and presenting ideas to clients
- Communicating with market-making traders about relevant information concerning customers and products
- Acquiring market prices from market-making traders and executing the trade
Financial trader salary:
Financial traders earn between £45,000 and £150,000. However, a trader working in lucrative derivatives can earn upwards of £230,000.
Head of Marketing
Head of Marketing leads local and international marketing campaigns to drive brand awareness, sales, and revenue for their organisation. Private and public companies require marketing organisations to help sell products and services or bolster public relations through awareness campaigns. For example, a not-for-profit organisation may hire a marketing team to raise awareness and encourage donations to their cause. Professionals working as the Head of Marketing are high-level leaders who coordinate marketing strategies and manage teams, from strategy to execution.
Head of Marketing responsibilities:
- Promoting your brand through awareness campaigns
- Identifying target audiences and compiling customer databases
- Launching marketing plans, advertising, direct marketing and campaigns
- Organising advert opportunities and distribution channels
- Managing in-house or external creative teams to create marketing materials
- Conducting market research
- Distributing marketing campaigns, including digital, out-of-home, radio, etc.
- Developing relationships with key stakeholders
Head of Marketing salary:
Head of Marketing leaders earn between £30,000 and £45,000, marketing managers earn up to £60,000, and marketing directors can earn more than £100,000.
Supply chain manager
Supply chain managers are responsible for the movement of goods, from manufacturers and suppliers to the customer. They oversee and manage every stage of the production flow, from purchasing materials to delivering the final product to customers. Professionals working in this role must be highly organised to effectively manage distribution, forecast trends that may impact the product flow, and manage inventories.
Supply chain manager responsibilities:
- Communicating with procurement managers and buyers
- Negotiating contracts with suppliers and customers
- Planning a logistical strategy to hit targets
- Managing product storage, handling and distribution
- Developing inventories to keep records and analyse the performance
- Optimising costs while maintaining quality
- Streamlining the overall supply chain performance and looking for any possible innovations to the process
- Minimising operational and reputational risks and complying with regulations
- Meeting sustainability targets by monitoring the environmental impact of the supply chain
Supply chain manager salary:
On average, supply chain managers earn around £46,998 per year and the supply chain directors earn approximately £104,868.
Start Your Online MBA at One of the Best Universities in the UK
Are you a driven and passionate professional willing to dedicate the time and effort required to earn an online MBA degree? Aston University offers an online MBA degree with a pathway in global business where you can develop a systematic understanding of the fundamental aspects of the global business environment that influence business decisions and behaviour.
Join an internationally recognised, triple-accredited school, learn high-demand career skills and expand your network by connecting with over 100,000 international alumni.
