A Master of Management degree may be earned in about three years and includes an internship, which can provide real-world experience and networking opportunities. Students are typically allowed to choose concentrations such as communications, marketing management, or international management. A bachelor's degree is required for enrollment. Prospective students must also submit transcripts showing a minimum grade point average. Some schools also require Graduate Management Admission Test (GMAT) scores.
Master of Management
A master's degree program in management consists of 30-36 semester hours. Coursework is often tailored to the needs of the student. Through their studies, students learn to apply strategy to their thought processes for effective decision-making and company-wide empowerment. Courses within the program may include:
- Management orientation
- Ethical decision-making
- Business law and marketing
- Business culture and entrepreneurship
- Corporate crime and workplace security
- Global business values
- Human resource management
- Leadership and employee motivation
Popular Career Options
Upon completing a Master of Management degree program, graduates can work for major corporations, become entrepreneurs, or work as government consultants. Career opportunities vary based upon concentration. Some possible job titles could include:
- General manager
- Overseas operations supervisor
- International management director
- Production specialist
- Marketing strategy consultant
Employment Outlook and Salary Statistics
According to the U.S. Bureau of Labor Statistics, general and operations managers were projected to see 7% growth in employment from 2018 to 2028. The median annual wage of general and operations managers was $100,930 in May 2018. That same year, the top-paying states were New Jersey, New York and Rhode Island.
A variety of postgraduate business certifications can enhance expertise in fields such as project planning, effective leadership, cost management and quality management. Graduates interested in academia, research or teaching positions can pursue a Ph.D. in management.
Students who want to become managers can acquire the advanced business and communication skills they need through Master of Management programs. When they finish, they are ready for executive positions in the industry of their choice, and they also have the option of continuing their graduate education.