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Is Business Management a Good Major?

Bachelor's degree programs in business management teach students how to plan, organize, and direct the activities of various organizations. Learn more about the job opportunities that exist for business management majors. View article »

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  • 0:04 Job Options in…
  • 0:53 Job Prospects in…
  • 1:40 Salaries in Business…
  • 2:14 About the Major

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Video Transcript

Job Options in Business Management

Reasons to choose a business management major include having a variety of future job options as well as strong job prospects and salary potential. It can be helpful to find out about these programs before choosing the major.

One benefit of a business management major is the variety of job opportunities it can lead to. Many industries, such as advertising, healthcare, insurance, hospitality, and manufacturing, employ graduates of a bachelor's in business management.

Some job titles held by graduates may include the following:

  • Office manager
  • Human resources generalist
  • Retail store manager
  • Operations manager
  • Human resources director
  • Executive assistant

Job Prospects in Business Management

Another benefit of this major is its growth potential. Business management is a degree that's in demand by employers. Employment of administrative services managers was predicted to grow by 8% between 2014 and 2024, noted the U.S. Bureau of Labor Statistics, which is about average compared to all occupations. Competition was predicted to be keen, since applicants will outnumber job openings. The bureau also noted that employment of human resources managers was predicted to grow by 9% within the same decade, which is faster than average. Another career with faster than average growth is marketing management, which also has 9% growth projected from 2014 to 2024.

Find schools that offer these popular programs

  • Actuarial Sciences
  • Business and Commerce, General
  • Business Statistics
  • Customer Service Management
  • eCommerce
  • Logistics, Distribution, and Materials Management
  • Management Science
  • Office Management
  • Operations Management
  • Public and Nonprofit Organizational Management
  • Purchases, Acquisitions, and Contracts Management
  • Transportation Management

Salaries in Business Management

The salary potential in the field of business is another benefit of choosing this major. PayScale.com reported median salaries for those who held a Bachelor of Science in Business Management as of April 2017, including the following:

  • Operations manager: $67,000
  • Business development manager: $92,700
  • Human resources generalist: $43,000
  • Office manager: $44,540
  • Buyer: $55,000

About the Major

It is possible to earn a Bachelor of Science (BS) or Bachelor of Arts (BA) in business management.

General course topics in the major include:

  • Business law and ethics
  • Economics
  • Financial management
  • Accounting
  • Human resources management

Students can also specialize their studies by selecting a concentration, such as marketing, finance, or international business. Many programs encourage or require internships, which are often essential in helping students land jobs after graduation.

Because of the structure of business management degree programs, students can also earn their degrees online or from home. Online or home-based business management programs are accredited just like their on-campus equivalents. Students are eligible to receive financial aid as well. Tuition might cover books, training equipment, instructional support, and access to student services.

Prospective business professionals may choose to get a bachelor's degree with a business management major in order to increase their job options and salary potential in business, the financial sector, or another industry.

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