MBA in Hospitality Management: Degree Overview
Schools offer Master of Business Administration (MBA) programs in hospitality or hospitality management to students who would like to take on leadership roles in hotels, resorts and other businesses in the industry. Program concentrations may be available in areas that include marketing and event leadership.
Individuals who want a career in hospitality or hospitality management usually seek leadership roles in hotels, resorts and other businesses in the industry. Students interested in this field can prepare to work for businesses that cater to international and domestic travelers alike.
- Prerequisites: Bachelor's degree and courses in hospitality law and event management; personal references are sometimes required
- Some Program Specializations: Marketing, event leadership
- Experiential Learning: Co-op and internship opportunities
Master of Business Administration (MBA) Hospitality Management
The curriculum for an MBA program in hospitality management usually includes core business courses in accounting and economics. Through program coursework, students gain the leadership skills necessary to improve a restaurant's customer service, staff a hotel or increase a resort's revenues. Coursework can cover topics in ethical management, career planning and research methods. Other subjects in a program may include:
- Decision-making and leadership
- Corporate managerial finance
- Event management
- Event marketing concepts and analysis
- Tourism issues and strategies
Popular Career Options
With an MBA in Hospitality Management, individuals may qualify for positions in a variety of business. Employers can include hotels, resorts and casinos. Possible job titles include event producer, lodging manager, meeting and convention director or director of special events.
Employment Outlook and Salary Information
Slower-than-average employment growth at a rate of 1% is projected for lodging managers over the 2012-2022 period, reports the U.S. Bureau of Labor Statistics (BLS) (www.bls.gov). The median annual pay for lodging managers in May 2014 was $47,680. The BLS also reported a 33% employment growth projection for meeting, convention and event planners, which is much faster than average. These planners earned a May 2014 median wage of $46,490.
Continuing Education Information
Individuals who wish to teach at the collegiate level or conduct research for private businesses and government agencies can enter Doctor of Philosophy programs in hospitality management. Program focus areas or emphases can include sales and marketing as well as hospitality real estate management.
Voluntary certifications are also available through professional organizations like the American Hotel and Lodging Educational Institute (www.ahlei.org). Professionals who meet eligibility requirements and pass written exams can earn credentials such as the Certified Hospitality Supervisor.