This article talks about Master of Science (M.S.) degree programs in Hospitality Management and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Master of Science (M.S.) Programs in Hospitality Management
Topics in economics, business, food science, and management are in the coursework of Master of Science (M.S.) programs in Hospitality Management. An area of specialization, such as restaurant management, hotel management, or tourism management, may be chosen by students enrolled in the program.
Enrollees can expect to develop practical skills by learning about the theoretical foundations of hospitality industry management. The research methods used in measuring the effectiveness of hospitality management strategies are also in the program. Students are often required to complete a thesis.
Admission criteria typically require undergraduate courses in food production, finance, and marketing, in addition to submission of undergraduate transcripts and Graduate Record Examination (GRE) scores.
Coursework is devised to cover various food preparation and business administration topics in multidisciplinary courses encompassing marketing, employment law, and supply chain management. Core coursework may cover topic areas such as:
•Foodservice marketing research methodology
•Strategic restaurant management
•Food production management
•Investing and financial management
Program graduates acquire keen skills in finance, human resource supervision, and customer service and may pursue occupations in bars, restaurants, travel agencies, and hotels, among other services. Graduates often find employment with existing businesses, but some may prefer to start businesses. Program graduates may choose from possible job options such as:
•Marketing account manager
Job and Wage Outlook
Over the 2012 – 2022 decade, a two percent job growth has been predicted for food service managers (U.S. Bureau of Labor Statistics). In May 2012, these professionals brought in an average annual wage of $47,960 (BLS). Over the 2012 – 2022 decade, lodging managers are expected to see a one percent job growth. In May 2012, they earned $46,810 per annum, on average. Between 2012 and 2022, marketing managers can expect to witness a twelve percent job growth. In May 2012, they banked $115,750 on average.
Continuing Education Choices
Program graduates seeking continuing education may enroll in a Master of Business Administration (M.B.A.) degree program, where the emphasis is on skills in business leadership, investing and marketing. Students also learn about business technology.