What is a Business Strategist

Business strategists help businesses stay on track. As a business strategist, you're to set objectives for your company and devise tactics to ensure that those objectives are met.

This job entails a review of current practices and tactics to determine which areas need to be improved, as well as the creation of creative approaches to aid in the establishment and achievement of organizational objectives. You will, therefore, do a lot of planning and preparing paperwork related to organizational objectives while also assisting in the communication and organization of those objectives throughout the firm.

An ideal business strategist must be problem-solving, analytical, computer-savvy, and easy to interact with. Most businesses or employers need applicants for business strategist positions to have a bachelor's degree, preferably in business, management, or a related field. However, candidates having a master's degree in business administration often receive preference. You'll be paid an average of $71,000 yearly.

There is more than meets the eye when it comes to being a Business Strategist. For example, did you know that they make an average of $31.15 an hour? That's $64,793 a year!

Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.

What Does a Business Strategist Do

There are certain skills that many Business Strategists have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Analytical skills, Communication skills and Creativity.

Learn more about what a Business Strategist does

How To Become a Business Strategist

If you're interested in becoming a Business Strategist, one of the first things to consider is how much education you need. We've determined that 73.0% of Business Strategists have a bachelor's degree. In terms of higher education levels, we found that 19.8% of Business Strategists have master's degrees. Even though most Business Strategists have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Business Strategist. When we researched the most common majors for a Business Strategist, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Business Strategist resumes include Associate Degree degrees or Doctoral Degree degrees.

You may find that experience in other jobs will help you become a Business Strategist. In fact, many Business Strategist jobs require experience in a role such as Project Manager. Meanwhile, many Business Strategists also have previous career experience in roles such as Account Executive or Consultant.

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Average Salary
$64,793
Average Salary
Job Growth Rate
8%
Job Growth Rate
Job Openings
114,504
Job Openings
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Business Strategist Career Paths

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Average Salary for a Business Strategist

Business Strategists in America make an average salary of $64,793 per year or $31 per hour. The top 10 percent makes over $126,000 per year, while the bottom 10 percent under $33,000 per year.
Average Salary
$64,793
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Business Strategist Demographics

Business Strategist Gender Statistics

male

60.6 %

female

34.7 %

unknown

4.7 %

Business Strategist Ethnicity Statistics

White

71.9 %

Hispanic or Latino

11.6 %

Asian

9.6 %

Business Strategist Foreign Languages Spoken Statistics

Spanish

34.8 %

French

13.0 %

Mandarin

10.1 %
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Business Strategist Education

Business Strategist Majors

27.0 %
14.1 %
7.0 %

Business Strategist Degrees

Bachelors

73.0 %

Masters

19.8 %

Associate

3.0 %

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None
High School / GED
Associate
Bachelor's
Master's
Doctorate

Top Colleges for Business Strategists

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

4. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

5. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

6. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

7. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

8. Ohio State University

Columbus, OH • Private

In-State Tuition
$10,726
Enrollment
45,769

9. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

10. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990
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Online Courses For Business Strategist That You May Like

Business Strategy Development: The Art of Differentiation
udemy
4.5
(1,582)

Learn 3 key business strategy tools. Improve your business innovation skills and drive profitable business development...

Business Development Masterclass: Learn To Build Businesses
udemy
4
(430)

258 Page Course Business Book Included, Project Based Learning, Professional Business Advice & Over 125 Lectures...

How To Write A Business Plan And A Winning Business Model
udemy
4.5
(1,890)

Business plan template with writing examples 2021: Create a top business model & business plan for your business ideas...

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Top Skills For a Business Strategist

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 11.8% of Business Strategists listed Project Management on their resume, but soft skills such as Analytical skills and Communication skills are important as well.

12 Business Strategist RESUME EXAMPLES

Best States For a Business Strategist

Some places are better than others when it comes to starting a career as a Business Strategist. The best states for people in this position are Washington, California, North Carolina, and Minnesota. Business Strategists make the most in Washington with an average salary of $100,477. Whereas in California and North Carolina, they would average $93,345 and $92,747, respectively. While Business Strategists would only make an average of $91,430 in Minnesota, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Minnesota

Total Business Strategist Jobs:
1,325
Highest 10% Earn:
$167,000
Location Quotient:
1.54
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Kansas

Total Business Strategist Jobs:
509
Highest 10% Earn:
$166,000
Location Quotient:
1.3
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Business Strategist Jobs:
958
Highest 10% Earn:
$174,000
Location Quotient:
1.01
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Business Strategists

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