Many schools offer master's degree programs in management that can be completed entirely online or through a combination of online and on-campus study. These programs take about two years to complete, and students must have a bachelor's degree in any subject.
A master's degree program in management gives students a foundation in standard business principles and practices. They learn to analyze situations and data to make solid business decisions and solve problems. Students also examine the leadership skills needed to achieve optimum results. Courses generally include global business practices, organizational development and finance. Specializations may also be available. Graduates of these programs may pursue professional certifications that could make them more employable.
Master's Degree Programs in Management
In online master's programs in management, students learn effective motivational techniques, as well as decision making, problem solving and project management skills. Common classes include management development, global business practices and leadership. Prior to enrollment, students need to earn a bachelor's degree in any subject.
Program Information and Requirements
Online management master's programs can take around two years to complete. Some schools offer hybrid programs combining online courses with traditional classroom experiences. Depending on the program, students can choose to concentrate in specific management fields. Online programs may require installation of up-to-date browsers and software plug-ins.
Courses in online management programs typically cover multiple types of management, such as human resource, operations and marketing management. Business concepts, such as marketing and accounting, may also be explored.
The finance courses offered in management degree programs teach students how to interpret financial statements or reports. Students learn how to use financial information to make business decisions.
Leadership in Management
The history and philosophy of leadership, as well as various leadership theories, are presented and analyzed. Through such classes, students can identify and nurture their own leadership skills.
These courses emphasize the importance of interpersonal and small group cooperation within organizations. Students can learn how to apply organizational development techniques in the workplace.
Career Information for Graduates
Graduates with master's degrees in management and job experience in management or human resources can often find work as management analysts or management consultants. The U.S. Bureau of Labor Statistics (BLS) estimated that job openings for management analysts would grow by 14% between 2014 and 2024 (www.bls.gov). As of May 2015, there were roughly 758,000 management analysts working in the United States, and they earned a median annual salary of $81,320, reports the BLS.
To advance in the field, some analysts pursue voluntary professional certification. For example, the Institute of Management Consultants USA offers the Certified Management Consultant credential. Individuals who meet education and experience requirements and pass an exam may earn this designation.
In online Master of Management programs, students develop the business, communication and leadership skills necessary for high level positions within companies and other organizations.