Through a hospitality management MBA program, students gain the leadership skills necessary to improve a restaurant's customer service, staff a hotel or increase a resort's revenues. There may also be 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. A bachelor's degree and courses in hospitality law and event management; personal references are sometimes required. 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
Average employment growth of 8% is projected for lodging managers over the 2014-2024 period, reports the U.S. Bureau of Labor Statistics (BLS). The median annual pay for lodging managers in May 2015 was $49,720. The BLS also reported 10% employment growth projection for meeting, convention and event planners, which is faster than average. These planners earned a May 2015 median wage of $46,840.
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. Professionals who meet eligibility requirements and pass written exams can earn credentials such as the Certified Hospitality Supervisor.
A hospitality management MBA program helps students gain skills in decision-making, hospitality leadership, and more. Graduates of the program may find work in careers lodging management and event planning, among other options.