6 High-Paying Business Management Jobs

Pay disparities are not uncommon in the business world. Bosses tend to make more than their employees. Most managers are the highest paid employees in the company. But there are some management jobs that will net you more money than others. Here are six management positions that typically come with high salaries. Computer and Information Systems Manager Computer and information systems managers supervise computer-related activities in an organization. Common job titles include Chief Information Officer (CIO), Chief Technology Officer (CTO), IT Director, or IT Manager. Specific duties often vary by job title, organization size, and other factors, but commonly include analyzing technology needs, planning and installing computer and information systems, overseeing system security, and supervising other IT professionals. The US Bureau of Labor Statistics reports the median annual wage for computer and information systems managers as $120,950, with the top 10 percent earning more than $187,200. A bachelor’s degree in computer or information science, as well as 5-10 years of work experience, is usually the minimum requirement for computer and information systems managers. However, many managers in this field have a masters degree and 10 years of work experience. Read more about earning a  management information systems degree. Marketing Manager Marketing managers oversee the marketing efforts of an organization. They work with sales, public relations, and other marketing and advertising professionals to estimate demand, identify target markets, develop pricing strategies, and maximize profits. The US Bureau of Labor Statistics reports the median annual wage for marketing managers as $119,480, with the top 10 percent earning more than $187,200. Most marketing managers have at least a bachelors degree in marketing, but masters degrees are not uncommon in this field. Read more about earning a marketing degree. Financial Manager Financial managers are dedicated to monitoring and improving the financial health of an organization. Common job titles include Controller, Finance Officer, Credit Manager, Cash Manager, and Risk Manager. Most financial managers work on a team and act as an advisor to other executives. They may be responsible for reviewing reports, monitoring finances, preparing financial statements, analyzing market trends, and developing budgets. The US Bureau of Labor Statistics reports the median annual wage for financial managers as $109,740, with the top 10 percent earning more than $187,200. A bachelors degree in business or finance plus five years of finance-related experience is usually the minimum requirement for financial managers. Many managers have a masters degree, professional certification, and 5 years of experience in related financial occupations, such as an accountant, auditor, financial analyst, or loan officer. Read more about earning a finance degree. Sales Manager Sales managers oversee the sales team for an organization. Although the level of duties can vary by organization, most sales managers focus their time on researching and assigning sales territories, establishing sales targets, training members of the sales team, determining budgets and pricing plans, and coordinating other sales operations. The US Bureau of Labor Statistics reports the median annual wage for sales managers as $105,260, with the top 10 percent earning more than $187,200. Sales managers typically need a bachelors degree in sales or business in addition to several years of experience as a sales representative. Some sales managers have a masters degree. Read more about earning a  sales management degree. Human Resources Manager Human resources managers have many responsibilities, but their primary duty is to act as a link between an organization’s managers and its employees. In large organizations, human resources managers often specialize in a specific area, such as recruiting, staffing, training, and development, labor relations, payroll, or compensation and benefits. The US Bureau of Labor Statistics reports the median annual wage for human resources managers as $99,720, with the top 10 percent earned more than $173,140. A bachelors degree in human resources or a related field is the minimum educational requirement. However, many human resources managers have a masters degree as well as several years of related work experience. Read more about earning a human resources degree. Health Services Manager Also known as healthcare executives, health care administrators, or healthcare managers, health services managers oversee the operations of medical facilities, clinics, or departments. Duties can include supervising employees, creating schedules, organizing records, ensuring compliance with regulations and laws, budget management, and record management. The US Bureau of Labor Statistics reports the median annual wage for health services managers as $88,580, with the top 10 percent earning more than $150,560. Health services managers need at least a bachelor’s degree in health services, healthcare management, long-term care administration, public health or public administration, but masters degrees in these fields or business administration are not uncommon. Read more about earning a healthcare management degree.