Business and Finance Career Pathways

Table of Contents

A management analyst, also known as a management consultant or business analyst, works with a company’s leaders to solve problems. Some consulting firms focus on a single industry like healthcare, IT, or marketing, while others serve many industries or focus on particular issues like regulatory compliance or employee engagement. Duties typically include collecting data, analyzing operations, designing systems and procedures, and identifying ways to improve efficiency and reduce costs.

HR specialists may manage recruiting efforts, onboard new hires, oversee compensation and benefits, handle training and development, and manage employee relations. Today the business function of Human Resources is often called People Operations, a more progressive approach to managing people by incorporating employee well-being, engagement, and company culture.

Roles in business operations focus on helping a company run smoothly and create revenue. Day-to-day activities often include researching sales/marketing techniques, managing processes like the supply chain, and hiring new employees to meet project goals. 

Business Management roles involve the coordination and orchestration of business activities, tasks, and resources to achieve a specific goal.

Visit our business management education/training page to see a comprehensive list of Montana business management training programs.

Consulting

Education:

A bachelor’s degree in business, finance, economics, or a related field is usually required for entry-level management consultant jobs. Earning a master’s degree in business administration (MBA) or becoming a certified management consultant may be necessary to move up the career ladder.

High-Growth Jobs:

Emerging high-growth roles in consulting include market research analyst, management analyst, and data scientist. Read on to learn more about these rapidly growing careers.

Suggested Montana Careers

    • Median MT Salary: $66,000

    • MT Growth Rate: 36%

    • Median MT Salary: $78,000

    • National Growth Rate: 11%

    • Median MT Salary: $76,000 - $128,000

    • National Growth Rate: 36%

Core Skills

Technical Skills

  • Analytical or scientific software like Minitab

  • Cloud-based management software like IBM WebSphere

  • Customer relationship management software like Salesforce

  • Data mining software like Google Analytics

  • Enterprise resource planning (ERP) software like Microsoft Dynamics

  • Query languages like SQL to work with databases

Soft Skills

  • Analytical

  • Communication

  • Interpersonal skills

  • Problem-solving

  • Time-management

Education:

To launch a career in human resources/people operations, a bachelor’s degree in human resources, business, communications, psychology, or a similar field is required to start. Gaining professional certifications through the Society for Human Resource Management (SHRM) can help give you an advantage in the job market and help you advance professionally into management roles.

High-Growth Jobs:

Emerging high-growth roles in human resources include human resource specialist and human resources business partner. Read on to learn more about these rapidly growing careers.

Human Resources

Suggested Montana Careers

    • Median MT Salary: $55,000

    • MT Growth Rate: 18%

    • Average MT Salary: $80,000

    • National Growth Rate: 7%

Core Skills

Technical Skills

  • Accounting software like QuickBooks

  • Customer relationship management software like Salesforce

  • Human resources software such as ADP Workforce Now

  • Project management software like Microsoft Project or Oracle Primavera Enterprise Project Portfolio Management

  • Query languages like SQL to work with databases

  • Spreadsheet software like Microsoft Excel

Soft Skills

  • Active listening

  • Communication

  • Decision-making

  • Detailed-oriented

  • Interpersonal skills

  • Problem-solving

Operations

In-demand Specialties:

  • Environmental, Social, and Governance (ESG) Sustainability

Education:

Entry-level business operations jobs typically require a bachelor’s degree in business, communications, human resources,  sales and marketing, or a related field of study.

High-Growth Jobs:

Emerging high-growth roles in operations include sustainability specialist, logistician, project management specialist, general and operations managers, and product owner. Read on to learn more about these rapidly growing careers.

Suggested Montana Careers

    • Median MT Salary: $63,000

    • MT Growth Rate: 12%

    • Median MT Salary: $76,000

    • MT Growth Rate: 7%

    • Median MT Salary: $76,000

    • MT Growth Rate: 12%

    • Median MT Salary: $88,000

    • MT Growth Rate: 10%

  • Median Salary: $81,000 - $165,000

    National Growth Rate: 10%

Core Skills

Technical Skills

  • Accounting software like QuickBooks

  • Business intelligence and data analysis software like Tableau

  • Customer relationship management software like Salesforce

  • Data mining software like Google Analytics

  • E-commerce software like Intuit MailChimp

  • Enterprise resource planning (ERP) software like Microsoft Dynamics

  • Project management software like Microsoft Project or Oracle Primavera Enterprise Project Portfolio Management

  • Query languages like SQL to work with databases

  • Sales and Marketing software like Google Ads or Hubspot

  • Spreadsheet software like Microsoft Excel

Soft Skills

  • Analytical

  • Critical thinking

  • Communication

  • Customer service skills

  • Detail-oriented

  • Interpersonal skills

  • Leadership

  • Organizational skills

  • Problem-solving

  • Time-management

Accountants and auditors prepare and examine financial records, identify potential areas of opportunity and risk, and provide solutions for businesses and individuals. They ensure that financial records are accurate, that financial and data risks are evaluated, and that taxes are paid properly so a business can run efficiently.

Banking is a popular field in the finance industry. Banks provide services such as storing funds, managing credit, and orchestrating financial transactions for individuals, small businesses, and corporations.

  • Financial Analysis:

    Financial analysts guide businesses and individuals in decisions about expending money to attain profit. They assess the performance of stocks, bonds, and other types of investments.

Careers in finance involve the management of money and how either an individual, company, or government agency obtains and strategically spends its funding.

Visit our finance education/training page to see a comprehensive list of Montana finance training programs.

Accounting/Auditing

In-demand Specialties:

  • Corporate accounting

  • Government accounting

  • IT auditing

Education:

A bachelor’s degree in accounting or a related field is needed to start an accounting career. Completing certification in a specific field of accounting, such as becoming a licensed Certified Public Accountant (CPA), can help increase employability.

High-Growth Jobs:

Emerging high-growth roles in accounting/auditing include cost estimator and accountant/auditor. Read on to learn more about these rapidly growing careers.

Suggested Montana Careers

    • Median MT Salary: $56,000

    • MT Growth Rate: 19%

    • Median MT Salary: $63,000

    • MT Growth Rate: 12%

Core Skills

Technical Skills

  • Accounting software like QuickBooks

  • Customer relationship management software like Salesforce

  • Enterprise resource planning (ERP) software like Microsoft Dynamics

  • Payroll and tax preparation software such as Workforce and ATX Total Tax Office

  • Spreadsheet software like Microsoft Excel

Soft Skills

  • Analytical

  • Critical-thinking

  • Communication

  • Detail-oriented

  • Organizational skills

  • Strong math skills

Education:

To work in the banking industry a bachelor’s degree in business, economics, finance, or similar field is usually required. Credentials such as the Certified Treasury Professional (CTP) from the Association for Financial Professionals may be required for career advancement opportunities.

High-Growth Jobs:

Emerging high-growth roles in banking include loan officer, treasurer and controller, and financial manager. Read on to learn more about these rapidly growing careers.

Banking

Suggested Montana Careers

    • Median MT Salary: $63,000

    • MT Growth Rate: 12%

    • Median MT Salary: $101,000

    • MT Growth Rate: 20%

    • Median MT Salary: $101,000

    • MT Growth Rate: 20%

Core Skills

Technical Skills

  • Accounting software like QuickBooks

  • Analytical or scientific software like SAS

  • Enterprise resource planning (ERP) software like Microsoft Dynamics

  • Financial analysis software like Delphi Technology

  • Query languages like SQL to work with databases

  • Spreadsheet software like Microsoft Excel

Soft Skills

  • Analytical

  • Communication

  • Customer service 

  • Detail-oriented

  • Interpersonal skills

  • Organizational skills

  • Strong math skills

Financial Analysis

Education:

Most entry-level positions require a bachelor’s degree in business, finance, or similar field of study. Obtaining a certification like the Chartered Financial Analyst (CFA) can help increase employability and opportunities for advancement.

High-Growth Jobs:

Emerging high-growth roles in financial analysis include customer success associate, financial quantitative analyst, and personal financial advisor. Read on to learn more about these rapidly growing careers.

Suggested Montana Careers

    • Median MT Salary: $44,000 - $53,000

    • National Growth Rate: 26%

    • Median MT Salary: $70,000

    • MT Growth Rate: 11%

    • Median MT Salary: $101,000

    • MT Growth Rate: 15%

Core Skills

Technical Skills

  • Customer relationship management software like Salesforce or Microsoft Dynamics 365

  • Data analysis or scientific software like R and SAS 

  • Data mining software like Google Analytics

  • Financial analysis software like Oracle E-Business Suite Financials

  • Query languages like SQL to work with databases

  • Spreadsheet software like Microsoft Excel

Soft Skills

  • Analytical

  • Communication

  • Detail-oriented

  • Empathy

  • Problem-solving

  • Strong math skills

Do you have a helpful resource you’d like to suggest we add to this guide? Do you have information you are searching for, or other feedback? The Montana High Tech Business Alliance would love to hear from you. Please reach out to us at communications[at]mthightech.org.

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