Senior Business Managers plan and direct the work of the company's operations and employees. They work to ensure efficiency and the smooth operation of the activities of a company. They often supervise the largest or most important groups in a company, earning a median sum of $136,000 annually or $66 per hour.
Senior Business Managers may guide employees directly or have several supervisors under them who directly manage the employees. They ensure clarity around priorities and goals for the entire functional area and approve requests for investment to a certain level of authority.
Senior Business Managers are highly creative and possess excellent analytical and leadership skills. They typically hold a bachelor's or master's degree in business, business management, or other related fields and a minimum of three years of managerial experience. They have a working knowledge of the latest business policies and regulations with strong business insight.
There is more than meets the eye when it comes to being a senior business manager. For example, did you know that they make an average of $65.71 an hour? That's $136,683 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many senior business managers 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 leadership skills, management skills and problem-solving skills.
When it comes to the most important skills required to be a senior business manager, we found that a lot of resumes listed 11.4% of senior business managers included analytics, while 8.2% of resumes included project management, and 6.0% of resumes included procedures. 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 senior business manager job title. But what industry to start with? Most senior business managers actually find jobs in the technology and manufacturing industries.
If you're interested in becoming a senior business manager, one of the first things to consider is how much education you need. We've determined that 43.0% of senior business managers have a bachelor's degree. In terms of higher education levels, we found that 40.9% of senior business managers have master's degrees. Even though most senior business managers have a college degree, it's possible 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 senior business manager. When we researched the most common majors for a senior business manager, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on senior business manager resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a senior business manager. In fact, many senior business manager jobs require experience in a role such as business manager. Meanwhile, many senior business managers also have previous career experience in roles such as manager or finance analyst.