An MS program in business management can prepare students to handle high-level management positions. Students can become familiar with planning, organizing, communicating effectively, and assuming leadership roles. Specialization options include banking, international business, and project management.
Programs may be completed in two years, and they often include internships that allow students to gain real-world experience and establish potential networking opportunities for future employment. Students may also be required to submit a capstone project prior to graduation. Applicants must have a high school diploma or GED and submit GMAT or GRE scores.
Master's Degree in Business Management
Business management master's degree programs usually require about 30 semester hours of coursework. Course topics could include:
- Organizational and managerial accounting
- Human resource management
- Corporate social responsibility
- Strategic planning
- Business communication
- Effective leadership
Popular Career Options
Upon completion of a degree program in business management, individuals are typically qualified for upper-level management positions across a multitude of industries. Depending on the specialization chosen and the experience gained while interning, individuals can seek opportunities in the finance, marketing, or planning departments of a variety of industries. Possible job titles could include:
- Division director
- Business consultant
- Branch manager
- Management analyst
- Corporate executive
Employment Outlook and Salary Info
In October 2016, PayScale.com reported the median salaries for management consultants holding a master's degree in business management earned a median annual salary $85,000. Corporate executives like a vice president (VP) of operations earned close to $150,000. '
Graduates interested in research or academia can pursue Ph.D. degrees in business. Individuals can explore business models and theories in economics, marketing, management, and finance. They can publish their findings in professional journals, become consultants or teach at the university level.
After earning an MS in Business Management, graduates have the business expertise they need for supervisory positions in a wide range of industries.