Business management programs include classes in marketing and economics as well as coursework outside of the business curriculum that develops the supporting skills needed to be successful in business. These requirements include business calculus, business ethics, and microeconomic principles. Some management programs offer concentrations in areas like human resources, strategic management, entrepreneurship, and management information systems.
Bachelor's Degree in Business Management
Four year bachelor's degree programs contain analytical courses, through which students learn how to measure a company's performance and assess its value. In order to attend these programs, you must possess a high school diploma or GED. Internships may be available to earn on-the-job training and practical work experience. Possible course topics include:
- Business analytics
- Organizational behavior
- Financial accounting
- Business law
- Marketing principles
- Quantitative methods
Popular Career Options and Job Outlook
Graduates of bachelor's degree programs might pursue employment in a variety of industries, either as general managers or specialists. They might search for work in the areas of finance, human resources, or business consulting, or they could start their own businesses. Job titles depend on the industry and the department someone works in. Some possible career titles for graduates of these programs include:
- Human resource manager
- Financial analyst
- Management analyst
The U.S. Bureau of Labor Statistics (BLS) projects the employment of financial analysts will increase by 12% between 2014 and 2024 (www.bls.gov). Management analysts should expect growth of 14% and human resources managers, 9%. According to BLS data from 2015, human resources managers earned a median annual salary of $104,440. Financial and management analysts earned $80,310 and $81,320, respectively.
Some management positions may require individuals to earn Master of Business Administration (MBA) degrees. Some MBA programs allow for flexibility within the curriculum, allowing students to tailor the program toward their own interests. Similar to bachelor's degree programs in business management, MBA programs may offer concentrations in finance, marketing, or human resources. Master's degree programs specific to those concentrations are also available.
Business management professionals may consider certifications. The Association of Business Process Management Professionals (ABPMP) offers the Certified Business Process Professional (CBPP) credential. To earn the CBPP, individuals must meet business experience, education requirements and pass a qualifying exam (www.abpmp.org). The ABPMP requires certified professionals to meet continuing education standards every three years to maintain eligibility.
Bachelor's degree programs in business management cover theoretical and practical subject matter related to business operations, such as social psychology, legal theories, and logistics. These programs can prepare students for a variety of management careers and lay the foundation for further education at the graduate level, as well as certification.