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Degree Overview: Bachelor of Science (B.S.) Degree in Purchasing and Merchandising Management

Majors Overview May 11, 2014

Those with an interest in purchasing and merchandising management should look into a bachelor’s degree program in Merchandising, Business Administration, or Retailing; the latter of which usually allows students to minor or focus in retail management or purchasing and supply management.

Bachelor of Science (B.S.) Degree Programs in Purchasing and Merchandising Management

Schools offer numerous bachelor’s degree options for individuals seeking education in purchasing and merchandising management; these are in both Business Administration bachelor’s degree and Bachelor of Science (B.S.) in Retailing formats. Business majors are often allowed to choose a concentration or minor in purchasing or retailing and supply management. Graduates of these programs can expect to become adept at taking care of the business’s logistical concerns by ensuring that goods are kept flowing between providers and customers. The focus of the field is concentrated on marketing theory, consumer reactions, and supply and demand.

Admissions criteria typically require incoming students to hold a GED certificate or a high school diploma; additional criteria may vary from school to school.

Coursework

Along with variations in the program and focus of purchasing and merchandising management majors, there may be variations in coursework too. Some schools may offer study abroad programs and internships as additional options, whereby students may be taught about global and real-world business applications. Coursework may commonly include topic areas such as:

•Marketing strategies
•Microeconomics
•Merchandise logistics
•Business management
•Computer applications for buying and selling
•Business law
•Accounting
•Macroeconomics

Career Choices

Graduates of bachelor’s degree programs in Purchasing and Merchandising Management and related programs can seek occupations in various industries. They may opt for general job titles such as:

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

Job and Wage Outlook

Purchasing managers took home an average annual wage of $109,640 in May 2012 (U.S. Bureau of Labor Statistics (BLS)). The lowest 10% of purchasing managers earn less than $60,000 annually, while the highest 10% take home a wage in excess of $150,000. A job growth of 7% has been predicted for purchasing managers over the 2010-2020 decade.

Continuing Education Choices

Graduates of a bachelor’s degree in Business may seek continued education by earning a Master of Business Administration (M.B.A.). Students enrolled in some schools are offered accelerated programs whereby they are allowed to earn both an MBA and a Bachelor of Science in Business Administration (B.S.B.A.) simultaneously. Schools also offer doctoral programs related to purchasing and merchandising management and business.

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5 Program(s) Found
  • Ranked among the Best Online Bachelor’s Programs by U.S. News and World Report in 2015.
  • Ranked among the Best Online MBA Programs by U.S. News and World Report in 2015.
  • Founded in 1890, it has a campus in Waterbury, CT and offers online degree program in eight-week modules, six times a year.
  • About 800 students are enrolled at the main campus, and about half of them commute.
  • Online courses make it possible for students to earn a bachelor’s degree in as little as 18 months and a master’s degree in 14-24 months.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
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