10 of the Highest-Paying Business Management Jobs

Advertising managers lead advertising initiatives and campaigns to generate brand awareness — that is, interest in a product or service. This can include planning promotional campaigns, creating an artistic vision, and negotiating advertising contracts.

Chief executive officers lead a company’s vision and operational strategy to ensure business goals are met. They oversee high-level decisions related to budgets, department performance, and organizational priorities. This often involves working closely with other executives and stakeholders. While they don’t manage day-to-day tasks directly, they guide the teams responsible for executing strategies and monitoring performance.

Financial managers prepare financial statements and business reports, identify ways to reduce costs, ensure compliance with financial regulations, and analyze market trends. They play a key role in supporting the financial stability and long-term planning of an organization. These professionals usually have a deep knowledge of financial laws and regulations and tax laws.

Human resources managers oversee the recruiting and hiring of new employees and manage key functions that support both employees and leadership. This includes overseeing benefit plans, coordinating training programs, and communicating company policies or procedures.

Management analysts, or management consultants, evaluate a company’s operations and recommend strategies to improve efficiency. Their suggestions may focus on lowering operational costs, increasing profit margins, or streamlining internal processes.

Marketing managers research customer behavior, analyze market trends, and evaluate competitors to identify the best market and audience for a company’s products and services. They use this insight to develop marketing strategies, as well as help plan and execute campaigns. They usually work closely with teams such as public relations, product development, and sales.

Medical and health services managers work in hospitals, nursing care facilities, doctor’s offices, and other healthcare settings. They set efficiency goals, ensure compliance with healthcare laws and regulations, manage budgets, and oversee the organization of medical records.

Operations managers oversee a company’s daily functions to ensure everything runs smoothly and efficiently. They set operational goals, coordinate cross-functional efforts, manage budgets and resource allocations, and supervise employees. They also ensure that processes and systems are in place to meet quality assurance standards.

Project management specialists determine a project’s requirements, goals, timeline, and funding. They also assign tasks to the appropriate team members and monitor milestones to ensure the project stays on track. They often collaborate with other departments and stakeholders to align effort and drive successful outcomes.

Sales managers oversee the delivery of products or services to customers and clients. This entails preparing budgets, maintaining customer and supplier relationships, analyzing sales data, and assessing potential profitability.