MBA sports business programs typically takes up to two years to complete; in some cases, the program may be accelerated to last only 18 months. Alongside coursework, most MBA programs partner with the university's athletics division and/or professional sports teams to provide practical training for students.
Those seeking admission into an MBA program in sports business should already have a bachelor's degree with a specified GPA (such as 3.0 or higher) and an official GMAT (Graduate Management Admission Test) score report. During the application process, prospective students may be required to include a professional resume, a written personal statement essay and letters of recommendation.
Master of Business in Sports Business
A sports business MBA curriculum centers on quantitative studies such as statistics, finance and accounting. The program uses debates and discussions, case studies, consulting projects and guest lecturers such as sports agents and managers of professional athletic clubs to teach students.
Students who excel in the MBA program may be offered internship opportunities with professional sports organizations. Programs focusing on international sports business allow students to complete field experiences abroad, during which they work as business consultants for foreign athletic organizations. Common degree courses that prepare students for experiential learning include:
- Financial analysis and managerial accounting
- Organizational behavior and technology in sports business
- Statistical analysis for sports
- Sports economics, marketing and promotion
- Sports law
- Team sports management and athlete negotiations
Popular Career Options
Graduates of an MBA in Sports Business program are prepared for positions in Olympic, collegiate or international sports industries. Other potential jobs may be in the tourism industry, gyms and fitness centers, and resorts and recreation centers. This degree may also help professionals advance in fields such as marketing, sports writing and broadcasting.
Employment Outlook and Salary Information
The U.S. Bureau of Labor Statistics (BLS) reported that business managers and agents for athletes (as well as artists and performers) would experience a fast as average job growth of 3% between 2014 and 2024. These workers earned mean yearly salaries of $96,410 in May 2015. Coaches and scouts could expect an average increase of 6% in employment between the years 2014 through 2024. These professionals also earned a median salary of $37,610 in May 2015.
Continuing Education Information
Although an MBA is typically the terminal degree for a business career, graduates who are interested in examining sports management from a more academic perspective might consider pursuing a Ph.D. in Sports Management. These programs may be offered through business schools or a university's department of kinesiology. Rather than preparing graduates to work as sports managers or sports business consultants, the doctoral degree program trains future scholars, researchers and professors of sports management.
An MBA in Sports Business is often necessary for a variety of top careers in the sports industry. Students who graduate with this degree can transition into careers in as a sports agent, sports business manager, coach or athletic scout.