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What Is a Business Management Major?

A major in business management prepares students to manage and oversee business activities such as account management, tax return preparation, and employee supervision. Job options for business management majors include work as a business development specialist, account executive, business analyst and office manager.

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When considering a major in business management, it is important to look at the curriculum and the career possibilities for graduates.

Business Management Major - Overview

A major in business management can teach students how to manage, direct, plan and control business operations, from preparing tax returns to supervising employees. Business management bachelor's degree programs can be completed on campus, online and in an accelerated format. They may lead to a Bachelor of Science (BS), Bachelor of Arts (BA) or Bachelor of Business Administration (BBA) degree.

Curriculum

Many business management programs allow students to select an area of concentration, such as international business, finance, marketing, human resource management, aviation, motorsports, music, merchandising or industrial distribution. These programs may come with internships related to a student's concentration. Typical courses for the business management major include:

  • Accounting
  • Economics
  • Marketing
  • Statistics
  • Business Ethics
  • Human resource management
  • Business Policy

Study Abroad Opportunities

Depending upon the program, students may get the chance to study abroad and focus on business from an international perspective. Study-abroad locations may include areas such as China, Turkey, Japan, London, Denmark, Australia, and France. Students also have the opportunity to complete internships at local and regional places of business.

Business Management Career Options

Many job opportunities exist for business management degree holders. Possible job titles include:

  • Office Manager
  • Financial Analyst
  • Account Executive
  • Small business owner
  • Claims adjustor
  • Business development specialist
  • Advertising project manager

Job Outlook

The U.S. Bureau of Labor Statistics (BLS) reported that administrative services managers (also known as office managers) could expect an 8% growth in jobs from 2014-2024, which was about average. General and operations management positions were predicted to increase 7% during the same time. Financial analyst positions were expected to rise 12% from 2014-2024, which is faster than the national average.

Salary Information

The BLS stated that administrative services managers earned a mean annual salary of $98,930 in May 2016. The bottom ten percent of these professionals took in $49,270 or less per year during the same time, while the top ten percent of workers made $159,330 or more. General and operations managers made an average yearly salary of $122,090 in May 2016, while financial analysts earned a mean annual wage of $97,640 the same year.

Students who major in a business management study a wide range of business and leadership-related topics, and they may have the chance to study abroad while earning their degree. Ultimately, their salary will depend on the career they choose after graduation.

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