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Hot jobs
in business now

You’re smart. You’re savvy. You’re optimistic. So where’s your next job? The following areas are poised to boom in the coming years for those ready to face the challenges that await.

Project management

As organizations adapt to new technologies, trends and consumer demands, project management is on the rise. Project managers will play critical roles in implementing projects in any area of a business by managing people, resources and processes. They’re found in every industry.

For example, project managers in human resources may implement new personnel policies. Those working in hospitality may spearhead customer service initiatives. Accounting project managers may oversee the adoption of new regulatory compliance procedures. Marketing project managers oversee advertising and communications, among other initiatives.

In addition to needing excellent multitasking skills, these professionals also must to be able to rally cross-functional teams to accomplish their organizations’ common goals on time and on budget.

The need for these highly organized employees is set to skyrocket. Project Management International’s (PMI®) Industry Growth Report projects thousands of new project management jobs will be created around the world between 2010 and 2020.

General and operations management

Although general and operations management jobs have not grown since 2004, Recruiter.com reports that the field is poised to resume positive growth over the next few years. Demand for these professionals will rise, adding a wealth of new jobs by 2018.

It’s worth noting since the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) reports that general and operations managers are among the highest paid professionals in the U.S. General and operations manager positions are found in every industry, which is another reason this profession is worth watching.

Employees with the ability to run the day-to-day operations of a business can find jobs in government, small business, retail, restaurant, lodging and property management, among other fields. These roles also encompass leadership roles in operations and customer service in organizations of all sizes.

Hospitality

It appears the hospitality industry has a vacancy sign hanging in the window. In June 2015, the BLS reported 740,000 unfilled restaurant and hotel jobs. Though many of those are entry-level service positions, other higher-level positions are ripe for the picking for those willing to work hard in order to advance within their organizations.

“There’s a lot of current talent within the hospitality industry who have worked their way up through their organizations,” notes Kevin Wilhelmsen, dean of specialized programs at the University of Phoenix School of Business. “Employers are working hard to identify those who are motivated to grow so they can create career development plans for them that will entice them to stay in the industry long term.”

The needs of the hospitality industry are expected to increase. The World Travel and Tourism Council’s Benchmarking Report 2015 projects the U.S. gross domestic product for travel and tourism will grow at an annual average of 4.4 percent over the next 10 years, markedly higher than the 2.3 percent growth of the total economy.

Job seekers with strong communications and problem-solving skills will find openings in customer service, general and operations management, food service and lodging management and marketing, to name a few.

Accounting and auditing

Accounting and auditing have long been considered relatively impervious to economic downturns. “Accounting is one of those fields that continues to grow,” says Wilhelmsen. “I believe it’s almost recession-proof.”

When times are tough, organizations need professionals in these fields to help evaluate and cut costs. When business is booming, there’s more money to be tracked. And in all seasons, accountants and auditors are needed to ensure regulatory compliance standards are being met and taxes are being paid.

The BLS reports that 166,700 new accounting and auditing jobs will open by 2022, growth that amounts to 13 percent between 2012 and 2022. These positions run the gamut from entry-level bookkeeping roles to highly respected CPA-level posts, meaning this profession is highly accessible, and has opportunities for advancement.

 

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Are you ready?

Although some of the hot jobs in business may sound familiar, there’s a good chance that the way they’re done has changed dramatically. One example? “Classical marketing is out. Digital marketing is in,” notes Veloria.

The same goes for customer service, accounting, hospitality, project management, and nearly every other field and function because technology has transformed the fundamentals of how business is conducted. 

So how do you prepare to succeed in this shifting landscape? “A bachelor’s degree is a basic expectation of most organizations today,” notes Rhonda Capron, academic dean of the University of Phoenix School of Business. “The benefit of having a general business degree is that it gives you the opportunity to start your career with an organization and progress through related industries and disciplines where you can add value.” 

Veloria believes continuing education is critical, too. “Stay fresh, stay current and take control of your own professional development. Don’t wait for the HR department to send you to training. Find out what you need, and advocate for yourself,” she says.

This involves everything from attending workshops, vendor training sessions and conferences in your focus area to continuing your education with more formal certificate programs, such as those University of Phoenix offers that are aligned directly with industry needs. These industry partners include Project Management Institute (PMI) and Society of Human Resource Management (SHRM®).

Certificate programs are designed to provide students with accessible, relevant knowledge they can implement in their organizations immediately. Certificates can be earned more quickly than a traditional degree, and the credits earned toward a certificate may be applied to a future degree program.

University of Phoenix offers a wide range of certificates for today’s hot jobs, including a Business Administration Certificate, Digital Marketing Certificate, General Management Certificate, Hospitality Management Certificate, Human Resource Management Certificate, and a Small Business Management and Entrepreneurship Certificate.

“Earning a certificate is a great way to update your skills and prepare yourself to compete in an increasingly more competitive business environment,” says Veloria.

Regardless of the steps you take to boost your skills in preparation for today’s hot jobs, be sure you do whatever you can to stay current in your field or industry. Veloria concludes, “The key is to be aware, be networked and be proactive.”

For more information about each of these programs, including on-time completion rates, the median debt incurred by students who completed the program and other important information, please visit phoenix.edu/programs/gainful-employment.