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Reasons for Majoring in Business Management

Higher Education Articles May 7, 2014

Receive information about a bachelor’s degree program in Business Management and its career outlook, career choices, wage outlook, and training choices.

Majoring in Business Management

Students enrolled in Business Management bachelor’s degrees are taught about planning, organizing, and directing the activities of numerous types of organizations. Students are not only taught to consider the business as a whole but also to consider the economy and other greater external factors that affect the company. Students can select a concentration, such as international business, finance, or marketing, to help streamline their studies. General coursework may include topic areas such as human resources management, accounting, business management, economics, and business law and ethics.

Career Outlook

There is a burgeoning demand for Business Management degree graduates among employers. A job growth rate of 12% was predicted for office managers over the 2012 to 2022 decade (U.S. Bureau of Labor Statistics). Keen competition was also expected with more applicants than job opportunities. A job growth rate of 13% was predicted for human resource managers over the same period (BLS).

Business management students may choose to enter the workforce immediately on completion of the degree. While there are top executives with no more than a bachelor’s degree in the field, companies often fill top executive positions from within the business.

Career Choices

Graduates with a bachelor’s degree in Business Management may choose from different work options in several industries such as manufacturing, hospitality, insurance, healthcare, and advertising. PayScale listed the ten most popular job options of business management graduates in 2010, which are as follows:

•Human resources generalist
•General manager
•Retail store manager
•Staff accountant
•Human resources manager
•Office manager
•Financial analyst
•Marketing manager
•Financial controller
•IT business analyst

Wage Outlook

In 2010, the average annual wage earned by the middle half of workers holding a Bachelor of Science (B.S.) in Business Management ranged from $33,520 to $86,180. The average annual wages earned by some professionals in the field were as follows:

•Construction project manager: $48,307-$81,854
•General manager: $46,484-$86,180
•Human resources manager: $49,796-$69,815
•Operations manager: $48,447-$74,883
•Restaurant manager: $36,198-$54,776
•Retail store assistant manager: $33,520-$49,108
•Retail store manager: $35,016-$53,056

Training Choices

Business Management degree programs are shaped to allow students to earn their degrees from home or online formats. Accreditation is given to online and home-based Business Management programs; the same goes for on-campus programs. Financial aid is also available to students; access to student services, instructional support, training equipment, and books might be covered within tuition.

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  • Accredited
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1 Program(s) Found
  • Career training since 1963.
  • Gives you the freedom and flexibility to learn on your own time, at your own pace and in your own environment.
  • Complete your education and gain technical skills when and where it's convenient for you!
  • Accredited by the Accrediting Council for Independent Colleges and Schools (ACICS).
  • We Change Lives...One Person At A Time. ®
  • Online Courses
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Separate yourself from the pack by completing one of Saint Leo’s highly-rated Business degree programs. Associates, Bachelors, and Graduate degrees in highly sought-after concentrations available!
  • Learn the necessary skills and build the foundation to propel your business career by receiving an education from our faculty members with true real-world experience.
  • Saint Leo University provides academic excellence, flexibility, affordability, and a wide range of educational programs with financial aid and scholarships available to those who qualify.
  • Saint Leo offers a 14:1 Student-Teacher Ratio to ensure you get the personal attention you deserve.
  • Learn on your schedule with our 6 convenient available start dates throughout the year. Get started on earning your accredited Business degree today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

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