Business writers are writers for newspapers, magazines, or journal publications that mainly concern themselves with reports on finance, the stock market, financing, and the economy in general. They write reports about economic trends and often have corresponding expertise to offer a spectator's financial advice based on their market observations. Their research can involve individual businesses as well, digging into corporations or emerging industries and delivering relevant information to their readers.
Most employers require their Business Writers to have a college diploma at the very least. Degrees in English, Journalism, Business, and Writing are among the most sought after and the most commonly held by business writers in the current workforce. Business writers in the United States earn roughly about $54,000 a year on average.
There is more than meets the eye when it comes to being a business writer. For example, did you know that they make an average of $25.67 an hour? That's $53,391 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 4,700 job opportunities across the U.S.
There are certain skills that many business writers 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 detail oriented, teamwork and technical skills.
When it comes to the most important skills required to be a business writer, we found that a lot of resumes listed 47.8% of business writers included market research, while 33.4% of resumes included business development, and 1.9% of resumes included subject matter experts. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business writer job title. But what industry to start with? Most business writers actually find jobs in the media and finance industries.
If you're interested in becoming a business writer, one of the first things to consider is how much education you need. We've determined that 56.8% of business writers have a bachelor's degree. In terms of higher education levels, we found that 29.2% of business writers have master's degrees. Even though most business writers 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 writer. When we researched the most common majors for a business writer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on business writer resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a business writer. In fact, many business writer jobs require experience in a role such as reporter. Meanwhile, many business writers also have previous career experience in roles such as technical writer or editor.