What jobs can you do with a Business and Organisational Psychology degree?

Business and Organisational Psychology is a rapidly growing field, driven by the increasing demand for improved workplace productivity and employee well-being.

Our MSc Business and Organisational Psychology is designed for aspiring and established professionals, providing opportunities to elevate your career or transition into a new field. It can unlock a range of exciting career paths - but what jobs can you do with this MSc?

Overview

1. Management Consultant

Management consultants are highly sought-after professionals who provide advice to organisations on strategies to enhance efficiency, profitability, and overcome business challenges. With the United Kingdom (UK) consultancy sector projected to create 10,000 new jobs by 2026, there is high demand for skilled professionals in this field. As a management consultant, your responsibilities would include conducting research, gathering and analysing data, identifying issues, formulating hypotheses and solutions, managing projects, and leading teams. Studying our MSc in Business and Organisational Psychology equips you with a deep understanding of individual and group behaviour, as well as the essential leadership and teamwork skills necessary for success in this role.

Salary

The starting salary for junior management consultants in the UK can range from £25,000 to £33,500 with large firms. When you have gained around three to five years' experience, it would be possible to earn up to £50,000. Once you have significant experience, it's possible to earn up to £125,000, especially if profit share and performance bonus schemes are available.

Key Modules

Leadership, Organisational Change and Development, Leading and Managing Diversity.

Key Skills

Leadership, Organisation, Management, Communication.

2. People Analytics Specialist

Pursuing a degree in Business and Organisational Psychology is also beneficial if you aspire to become a people analytics specialist, a position currently in high demand. According to a 2023 HR Insights report, people analytics and data analytics have been identified as crucial skill gaps among HR professionals at all levels3. As a specialist in this field, you would utilise data and statistical methods to analyse and interpret employee information to inform business decisions related to HR, talent acquisition and employee development, often at the most strategic level. This role often involves employing an analytical consulting approach, interpreting business challenges using people data, conducting data analysis, and advising HR business partners. Studying Business and Organisational Psychology will equip you with strong problem-solving and analytical skills, essential for excelling in this role.

Salary

The average salary in the UK for those working in People Analytics is around £36,000 per year, with lower-level roles starting with an average salary of £25,000, and those more established in the role earning around £55,000.

Key Modules

People Analytics, Workplace Design and Human Factors.

Key Skills

Analytics, Problem-Solving, Critical Thinking.

3. Talent Acquisition Manager

As a talent acquisition manager, it would be your responsibility to identify and attract top talent for highly skilled roles within an organisation. In this role, you would use a range of techniques in workplace selection and assessment, such as interviews, assessment centres, and psychometric instruments. By understanding human behaviour in the workplace, assessment techniques, and organisational culture, talent acquisition managers help enhance the overall effectiveness and fairness of the hiring process, contributing to the success of an organisation. An MSc Business and Organisational Psychology will equip you with in-depth knowledge of organisational culture, allowing you to identify ideal candidates who align with the company's values.

Salary

The average base salary for a talent acquisition manager in the UK is £34,000 to £66,000 per year, with the possibility to earn between £2,000 to £13,000 in bonuses. After gaining experience, it is possible to earn up to £71,000.

Key Modules

Selection and Assessment, Leading and Managing Diversity.

Key Skills

Communication, culture, evaluation, problem-solving.

4. Executive Coach

Studying Business and Organisational Psychology also equips you with the skills necessary to become an effective executive coach. This role focuses on assisting leaders in setting goals and objectives and helping implement visible changes to achieve success. This is important in improving leadership performance and organisational culture. An MSc in Business and Organisational Psychology will enhance your knowledge in organisational change and development, as well as the psychological principles shaping diverse coaching approaches. Combined with the communication skills you will receive from studying this field, this knowledge will empower you with the essential techniques for encouraging positive performance in organisations.

Salary

Executive coaches tend to earn an average base salary of £56,000 per year. This ranges from around £30,000 for lower-level jobs to £106,000 for jobs at the highest end of the scale.

Key Modules

Coaching in the Workplace, Organisational Culture.

Key Skills

Coaching, Communication, Performance Management.

5. Human Resources Manager

An MSc in Business and Organisational Psychology can also enhance your capabilities as a human resources manager. With growing emphasis on creating a positive work environment and maximising employee potential, organisations are actively seeking skilled HR professionals to successfully lead human resources departments. As a human resources manager, you would be responsible for overseeing various aspects of the employee life cycle, such as recruitment, training, compensation, performance management, and employee wellbeing. By applying the leadership, diversity, and culture knowledge acquired in your studies, you can skilfully guide employees, to foster a more positive and productive work environment.

Salary

On average, human resources managers can earn around £35,000 to £55,000 per year in the UK. Those starting out in low-level roles such as HR administrators can expect salaries ranging from £18,000 to £23,000, and those who rise to director positions could receive salaries over £80,000.

Key Modules

Leading and Management Diversity, Organisational Culture.

Key Skills

Communication, Culture, Problem-Solving.

Enrol in our MSc Business and Organisational Psychology programme

These are only some of the careers available to you as a qualified Business and Organisational Psychologist. Equipped with your MSc, you'll possess a unique combination of skills and knowledge that will enhance your professional appeal and prepare you for a wide range of roles across industries. Some other roles include occupational psychologists, change management professionals, learning and development specialists, organisational coaches, and psychological researchers. Download our programme prospectus to discover more about the skills you'll develop and the exciting career paths this degree can unlock for you. Enrol today to embark on your journey into the world of Business and Organisational Psychology.

Sources

1. UK consulting sector to create 10,000 jobs by 2026. Consultancy.uk. Updated January 10, 2023. Accessed June 16, 2023.
2. Management Consultants. Prospects UK. Updated July 2022. Accessed June 16, 2023.
3. 2023 HR Insights Report: A Focus on the Future. Macmillan Davies. Updated February 21, 2023. Accessed June 16, 2023.
4. People Analyst Salaries. Glassdoor. Accessed June 16, 2023.
5. Average Talent Acquisition Manager Salary in United Kingdom. PayScale. Accessed June 16, 2023.
6. Executive Coach Salaries. Glassdoor. Accessed June 16, 2023.
7. Human Resources Officer. Prospects UK. Updated July 2022. Accessed June 16, 2023.