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Major Overview: Business Management

Majors Overview May 15, 2014

A business management major will prepare students to oversee and manage business activities, including tax return preparation, employee supervision, and account management. Potential positions available for business management majors are account executive, office manager, business analyst, and business development specialist.

Business Management Major

Schools often offer business management degrees at the bachelor’s level; students enrolled in the program are taught about managing, directing, planning, and controlling a business’ activities. To this end, they prepare tax returns and supervise employees, in addition to performing a host of other duties.

Schools also offer associate’s and master’s degree programs, apart from professional certificate and graduate certificate courses and doctorate programs. Business management degree programs are offered in accelerated, online, and on-campus formats.

Studying Abroad

Some programs give students the opportunity to study abroad – in locations such as France, Australia, Denmark, London, Japan, Turkey, and China – and learn about adopting an international perspective while doing business. Students can also participate in internship programs conducted at regional and local businesses.

Coursework

Students enrolled in many business management programs are allowed to choose from numerous areas of concentration, including industrial distribution, merchandising, music, motorsports, aviation, human resource management, marketing, finance, and international business. Business management coursework typically includes:

•Strategy
•Business policy
•Human resource management
•Law
•Ethics
•Statistics
•Marketing
•Economics
•Accounting

Career Choices

Business management degree graduates can choose to pursue several career options, such as:

•Advertising project manager
•Business development specialist
•Claims adjustor
•Account executive
•Business analyst
•Supervisor
•Office manager

Job and Wage Outlook

In 2010, according to the U.S. Bureau of Labor Statistics, graduates of a bachelor’s degree in business management banked an average annual wage between $39,723 and $74,391. Among these professionals, retail store assistant managers earned the lowest, on average, while human resources directors were the top earners. Among middle-level earners were general and operations managers ($64,522), construction project managers ($61,034), operations managers ($59,178), human resources managers ($57,673), and retail store managers ($45,427).

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