B.S in Business graduates possess a broad array of skills that are useful in performing management and administrative functions in a variety of career settings. In addition, the program encourages students to develop a specialization in one area of business that could further support their specific career goals. Job opportunities are so vast that the Bureau of Labor Statistics lists more than 300 various job titles under the general heading of Business. Most of these job titles are found in the career areas of Finance, Hospital Administration, Educational Administration, Sales, Marketing, Real Estate, Small Business, Insurance, Government, Management, and private or nonprofit administration.
Business students are encouraged to incorporate internships into their academic programs. Provided in a variety of local business and government settings, internships can provide valuable hands-on experiences that benefit graduates during their job searches.
According to the U.S. Department of Labor, two-thirds of all business graduates work for businesses and corporations in the private, for-profit sector of the economy. Another 15 percent are self-employed. The government employs one out of 10 business graduates, and 4 percent work in education. The remaining 3 percent of business graduates work for private, nonprofit organizations.
The following is just a sample of job titles common to graduates of Penn State business programs: Accountant, Account Executive, Actuary, Adjuster, Advertising Salesperson, Analyst, Auditor, Bookkeeper, Brand Manager, Broker, Business Manager, Business Owner, Commercial Banker, Department Manager, Financial Analyst, Hospital Administrator, Human Resource Manager, Investment Counselor, Lending Officer, Marketing Manager, Operations Manager, Purchasing Manager, Securities Trader, Training Specialist, and Trust Officer.
Employment for business graduates is expected to grow as fast as the average for all occupations through 2010. Because this is a large occupation, many openings will occur each year as managers transfer to other positions, start their own businesses, or retire. Projected employment growth varies widely among industries. For example, significant opportunities are expected in service industries, but only average in all finance, insurance, and real estate industry subgroups. The large number of qualified college graduates and experienced workers should create a competitive job market.
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