Purchasing and Merchandising Management Major: Info and Requirements

Oct 19, 2019

Essential Information

Graduates of purchasing and merchandising management programs are prepared to take care of a business's logistical concerns by keeping goods flowing between providers and customers. The field focuses on supply and demand, consumer reactions and marketing theory. Programs include bachelor's degree programs in retailing, merchandising and business administration, the latter of which often allows for a focus or minor in purchasing and supply management or retail management. Internships and study abroad programs may also be an option in some business programs, which allow students to learn about real-world and global business applications. General admission into these programs requires students to have a high school diploma; other admission requirements vary by school.

Bachelor's Degree in Purchasing and Merchandising Management

Because purchasing and merchandising management majors vary by program and focus, coursework also varies. Along with macroeconomics and microeconomics, other common courses are:

  • Computer applications for buying and marketing
  • Business management
  • Accounting
  • Merchandise logistics
  • Marketing strategies
  • Business law

Popular Career Options

Purchasing and merchandising management majors and graduates of related programs are qualified to work in many different industries. Some general job titles include:

  • Procurement specialist
  • Merchandise coordinator
  • Product manager
  • Logistics controller
  • Marketing and sales team member

To provide some salary perspective, purchasing managers earned a median annual income of $118,940, according to the U.S. Bureau of Labor Statistics (BLS) in May 2018. The bottom-paid ten percent of these professionals brought in less than $69,860 per year, while the top-paid ten percent earned more than $187,060. Employment for purchasing managers is expected to have 4% growth from 2018 to 2028 (www.bls.gov).

Continuing Education

Many people with a bachelor's degree in business may continue on to earn a Master of Business Administration (MBA). Some programs allow students to earn both a Bachelor of Science in Business Administration and an MBA simultaneously through an accelerated degree program. Doctoral programs are also available that relate to business and purchasing and merchandising management.

Students interested in becoming purchasing or merchandising managers may choose from a few degree options, including bachelor's degrees in retailing, merchandising and business administration. Each of these degrees have a curriculum that covers the economic, consumer relationship and marketing knowledge and skills used by purchasing or merchandising managers.

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