Commerce degree careers aren't solely born from banks or leading accounting firms. An undergraduate degree in commerce can land you a position with some of the most forward-thinking and exciting companies around the globe.
Gone are the days when commerce degree jobs meant gaining entry into one company and working your way up to management over decades, then onto retirement. Today’s commerce graduates are adaptable creative and critical thinkers, ready to pursue opportunities, expand their networks, and lend their expertise to a variety of industries.
So, if you’re wondering ‘what does a commerce degree lead to?’, let’s have a closer look at some of the exciting career opportunities that could be at your fingertips as a graduate in this high-flying field.
When companies have access to relevant, valuable data, they can make better quality decisions that fuel processes and strategic actions. Business data analysts help to collect, interpret and present this data.
What does a business data analyst do?
Business data analytics jobs often involve the following responsibilities:
collecting and analysing data on customers to better understand consumer motives
mapping trends in customer behaviours
recommending changes to products or services and recognising opportunities for growth, based on data findings
using data insights to assess the productivity of company processes and suggest ways to cost-effectively improve these, in collaboration with the business systems analyst
closely monitoring competitor behaviour to make data-driven recommendations that will help the company get ahead in the market.
Skills of a business data analyst
Business data analysis requires the following skills:
attention to detail
confident and clear reporting skills
the ability to transform complex data into easily digestible insights
competency in database and information management
strong grasp of mathematical and statistical concepts
fluency in emerging technologies.
Discover how you can build this skillset and enjoy the benefits of one of the most fascinating commerce degree jobs, through UQ’s Bachelor of Commerce – Business Analytics major.
Auditors are professionals who verify whether information in a financial report reflects the true financial position of an organisation following auditing standards set by regulatory and governing bodies. They can work internally within organisations, or externally, providing independent annual audits for commercial companies or those within the public sector.
What does an auditor do?
The day-to-duties of an auditor include:
ensuring reporting is free from error (accidental and intentional) that could be fraud
confirming all assets are properly recorded
checking profits and losses are assessed accurately
considering any economic or industry issues that could influence the business in question during the reporting period
providing advice to management about the quality of corporation governance and risk management procedures/controls
suggesting measures to reduce costs or improve profits.
Auditor skill set
To be an auditor, you’ll need the following skills:
attention to detail
the ability to identify and manage risks
problem solving skills
strong organisational and project management skills
investigative and critical thinking skills
the ability to question one’s own judgements to consider all perspectives.
Discover how you can build this skillset and create a rewarding career in commerce, through UQ’s Bachelor of Commerce – Accounting major.
A finance manager oversees the finances and financial health of an organisation. To secure a finance manager position, you will often need upwards of 5 years of experience in other business and finance-related roles, including but not limited to, accounting, auditing, financial analysis and risk management. Many finance managers undergo postgraduate studies, but it is possible to secure a position in this area with relevant experience.
If you want to work in banking, investment management, corporate finance, or risk assessment, UQ’s Bachelor of Commerce – Finance major can help you develop skills in these areas.
What does a finance manager do?
The duties and responsibilities of a finance manager include:
reviewing analytical data
budgeting an organisation’s costs
monitoring cash flow and projecting future profit
strategic planning for an organisation’s financial goals
managing financial risks
directing investment activities by analysing market trends
offering financial insights to support management in making decisions to ensure the company’s future viability.
Finance manager skills
To excel as a finance manager, you will need the following skills:
attention to detail
excellent communication skills
confident stakeholder management skills
analytical reasoning capabilities
the ability to be forward-thinking
knowledge of legal and regulatory requirements
Want to know more about the types of careers you can pursue with a university degree in business, economics and law?