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What Is a Business Management Major?

Mar 03, 2020

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 7% growth in jobs from 2018-2028, 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 6% from 2018-2028, which is as fast as the national average.

Salary Information

The BLS stated that administrative services managers earned a mean annual salary of $106,050 in May 2018. The bottom ten percent of these professionals took in $55,000 or less per year during the same time, while the top ten percent of workers made $165,470 or more. General and operations managers made an average yearly salary of $123,880 in May 2018, while financial analysts earned a mean annual wage of $100,990 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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