Young people planning their career paths right now are in a unique situation. Thanks to changes in the job market related to globalization, technological innovation and the pandemic’s impact, they need to prepare for jobs that may not currently exist.
The future seems uncertain, but Business Insider was able to make some predictions by using the Bureau of Labor Statistics to discover which job markets are still growing. The results of this research were very promising for EU Business students: many of the jobs projected to be high-paying in the future closely relate to the curricula of our courses.
Here are 6 high-paying jobs of the future you can prepare for at EU Business School.
A marketing manager has a diverse workload. Their daily tasks may include social media management, data analytics, PR and corporate communications, and website administration.
What defines this position and its varied tasks is its objective: promoting and positioning a brand and its products or services. Essentially, marketing managers need to both attract and retain customers. They achieve this by boosting brand visibility through the design and execution of marketing campaigns.
A marketing manager’s success will be measured based on how effectively they translate their budget into sales or other outcomes such as newsletter subscriptions. Using consumer research, they tailor campaigns to target a specific audience.
Marketing managers of the future may study a Master’s in Marketing at EU Business School.
Human Resources Specialists
In any business with employees, an HR specialist is essential. As many companies have moved online in the last year, the role of an HR specialist has definitely evolved, and it’s arguably a more important role than ever. This is because businesses are adopting alternative methods to traditional management.
Remote work presents unique challenges and opportunities for an HR department. An HR specialist is responsible for the management of the workforce through strategies and processes as well as the development and reinforcement of company culture: the shared attitudes and behaviors of the business and its employees.
Someone in this role should expect to oversee a range of legal and administrative tasks related to recruitment, compensation, employee engagement, wellbeing, and contract termination.
HR specialists of the future may study an MBA in Human Resources Management at EU Business School.
Business Operations Specialists
A business operations specialist’s objective is to improve the operations of a company, making it more effective and efficient. They also need to have a deep understanding of the business’s legal context to ensure that the company complies with all applicable regulations.
The job of a business operations specialist is to obtain a comprehensive overview of company operations before suggesting improvements to operations. Every company has objectives, and a business operations specialist develops pathways to reaching those goals.
A company hires a business operations specialist to make its processes smoother and smarter. This person will audit their system and make practical suggestions for improvement based on their in-depth understanding of best business practices.
Business operations specialists of the future may study a BBA in Business Administration at EU Business School.
Many people started freelancing during the pandemic, and management analyst is one high-paying job that can be performed on a freelance basis. Someone in this position is contracted by companies to solve their operational problems and improve their systems.
Management analysts bring an external perspective to the companies they work with. First, they perform research. This may include interviewing staff at all levels of an organization, observing typical processes and analyzing company data.
Once they understand the business and its shortcomings, they make recommendations for improvement and develop strategies for the future. This might involve supporting the development of specialist skills that the company lacks or planning a transition to a new information technology system.
Management analysts of the future may study a BA (Hons) in Business Management at EU Business School.
Market Research Analysts
For companies to effectively reach their audiences, market research is required. This is a market research analyst’s specialty. In their work, they assess consumer preferences and use this information to help organizations strategize. Their work can inform both product development and marketing campaigns.
In this role, it’s possible to work directly for employers or as a consultant. Alongside data-gathering and analysis duties, market research analysts must present their findings to high-level decision-makers in understandable, engaging ways. They are also responsible for assessing the efficacy of marketing strategies.
Market research analysts are expected to stay abreast of industry trends so they can provide up-to-date insights to the companies they advise. They take data and turn it into actionable recommendations for business leaders.
Market research analysts of the future may study a BA (Hons) in Business Management (Marketing) at EU Business School.
Financial managers were traditionally responsible for simply monitoring a company’s finances; however, this role has evolved. It increasingly involves supporting executives in decision-making that might affect the financial health of their organization. Data analysis is required, then, but so is an understanding of business concepts. Financial managers are expected to help companies maximize their profits.
The everyday responsibilities of a financial manager might include the preparation of financial statements, reports about business activity and forecasts. They review reports and find ways to reduce costs, and they seek opportunities for business growth.
Context is important. A financial manager may work for a government organization, for example. This role would require specialist knowledge of government budgeting systems. The specifics of the job ultimately depend on where it is based.
Financial managers also apply their knowledge of the law to ensure that companies operate legally. Each industry has its own laws and regulations that a financial manager would be expected to understand.
Financial managers of the future may study a BA (Hons) with Business Management (Finance) at EU Business School.
EU Business School prepares students for the high-paying jobs of the future. This can be seen in the relevance of all course content, the involvement of successful business leaders, and the opportunities for real-world business immersion made available to students.
Most crucially, EU Business School is an international, multicultural endeavor. Working alongside students from all over the world and learning from diverse perspectives may in fact be the best possible preparation for an increasingly globalized business context.