What Does a Business Scientist Do?

July 21, 2023

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The world of science, technology, and business is evolving at a rapid pace. In today's interconnected landscape, where innovation thrives on the synergy between diverse disciplines, experts in both science and business are emerging as key drivers of success. 

Jumping into the field of business and science is an outlet for your creativity and thoughtful decision-making. Joining the development of advancements in science and technology can contribute to a thrilling and diverse career. But what is business science and what does a business scientist do? 

If you want a career where no two days are the same and you stretch your creativity and innovative spirit, pursuing a masters in business and science may be the route for you. 

What Makes a Good Business Scientist?

A good business scientist possesses a unique combination of skills and qualities that bridge the worlds of business and science. Some of  these key qualities are:

Curiosity

A good business scientist has a natural curiosity to explore and understand the underlying principles and dynamics of both business and science. 

Innovation

You possess a creative mindset and can think outside the box to develop innovative solutions that leverage scientific principles.

Scientific Mindset 

You have a solid foundation in scientific principles and possess relevant scientific skills or are pursuing an advanced degree in a related field.  

Business Acumen 

You understand the dynamics of the business world, including market trends, competitive landscapes, and customer behavior. 

Adaptability

You have the ability to understand and navigate diverse business environments, adapting your scientific knowledge and problem-solving skills to meet the specific needs and challenges of each industry.

Interest in Bioscience

You have a particular interest in the application of scientific principles and innovations to the field of biology, medicine, or life sciences. 

What Does a Business Scientist Do?

The role of a business scientist encompasses a wide range of responsibilities and can vary depending on the industry, organization, and specific job title. Generally, a business scientist applies scientific methods and principles to solve complex business problems, drive innovation, and make data-driven decisions. 

As a business scientist, you will bridge the gap between scientific research and business strategy, leveraging your expertise in both domains to achieve organizational goals. 

Here are a few examples of careers that exist within the intersection of business and science:

  1. Data Scientist
  2. Research and Development Manager
  3. Biotech/Biopharmaceutical Business Analyst
  4. Innovation Manager

Discover more job opportunities for business scientists.
Blog: 4 Innovative Business and Science Jobs

How Do I Become a Business Scientist?

If the intersection of business and science sounds like a good fit for your career, you may be wondering how to begin your journey into the business of science. There are two main ways to get started and it depends on your background: 

  • Start by obtaining a solid educational foundation. Many business scientists have a scientific background, such as a bachelor's or master's degree in a scientific field like biology, chemistry, physics, or engineering. However, it's important to note that not all business scientists have scientific degrees. You can enter the field with degrees in business, economics, or other related disciplines.
  • While not always necessary, gaining industry experience can provide valuable insights into business operations and enhance your understanding of the specific industry you wish to work in. Consider internships, part-time jobs, or cooperative education programs to gain practical experience and build your network.

If you have a related educational background, you should consider pursuing an advanced degree to solidify your place in the industry. 

Keck Graduate Institute: Your choice for a business and science degree

While a master's degree is not always a requirement to become a business scientist, obtaining your master of business and science (MBS) degree can offer a world of valuable benefits and open up exciting career opportunities. Getting your master's is the most direct route to igniting your innovative career. 

Discover: What Can You Do with a Biotech Degree

Keck Graduate Institute (KGI) Master of Business and Science program is designed to bridge the gap between scientific expertise and business acumen. Our program provides a comprehensive curriculum that combines rigorous scientific training with practical business skills, preparing you for a wide range of roles at the intersection of science and business.

At Keck Graduate Institute, you can expect to find a world-class curriculum integrating industry-oriented technical courses and MBA-style business courses. 100% of our graduates find a career or postgraduate program within 6 months of graduation proving the value added to your resume. As a Keck Graduate Institute graduate, you’ll join an alumni network with deep connections across industries. The opportunities are truly endless.

Read more about what you can do with a Master of Business and Science from KGI in our MBS Guide: Impact Biotechnology and Bioscience: KGI’s Business and Science Degree 

Connect with KGI today to get started on the next big step in your career. 

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