Master of Business Administration (MBA) in Management Degree Program Overview
Majors Overview May 20, 2015Get information about Master of Business Administration (M.B.A.) degree programs in Management and their education requirements, coursework, career choices, wage outlook, and continuing education choices.
Master of Business Administration (M.B.A.) Programs in Management
The importance of leadership and people management skills is part of the MBA program in Management. Students learn to use problem-solving and decision-making skills in enhancing organizational growth and increasing employee motivation. The curriculum features required and elective courses and uses hands-on projects and real-world scenarios to involve students in team-based learning and global perspectives. A series of short-term residencies may complement the management courses in some programs. Schools may also offer online study opportunities.
Education Requirements
Admission criteria typically require incoming students to hold a bachelor’s degree, apart from submitting graduate test scores, such as the GRE or GMAT, and a resume. Applicants for admission to some programs may also be required to submit letters of recommendation.
Coursework
Ambitious and inventive individuals enrolled in a Master of Business Administration (M.B.A.) in Management program can expect to become adept at integrating their knowledge of psychology, organizational behavior, and communication studies in order to tackle real-world scenarios and find solutions. The program curriculum in a management-oriented MBA degree program contains foundation, integration and function courses, thereby providing students with the skills and knowledge they would need to ensure success in a dynamic and complex business world. Core coursework may cover subject areas such as:
•Strategic management
•Management processing
•Global environment management
•Change management
•Ethics
Career Choices
With a solid foundation in management disciplines, as well as the analytical and interpersonal skills required for competition in the global marketplace, program graduates could look forward to advanced careers in various businesses and corporations. They can aim at a broad range of career options, including mid- to upper-level managerial positions, management consulting, and leadership. They may seek popular career options such as:
•Executive management
•Financial management
•Human resource management
•Sales and marketing
Wage Outlook
In May 2012, human resources managers brought in an average annual wage of $99,720 while financial managers earned $109,740 annually.
Continuing Education Choices
Program graduates may seek continued education by pursuing a doctoral degree in business management and/or administration. The prime focus of doctoral degree programs in management may be on leadership studies, sociological principles of management and management history. They may also seek post-MBA certificates in global business and management.