Every business, organization, government entity, or social group operates in a purposeful manner, carrying with it specific goals and directives it must work toward accomplishing. To the same end, those who serve in management roles within these types of organizations, from the top down, must be able to effectively determine and market that particular firm or group’s operating strategy to both the external consumer and internal employee.
Career Opportunities with this Degree
A wide array of master of business administration degrees, specifically focusing on the principals and tactics of management, exist today. Students may choose to focus their studies in any number of focal-points, including international management, project management, environmental management, human resources management, supply chain management, global leadership, healthcare management, operations management, non-profit management, or management of information systems. While it is likely that job growth over the next decade will not waver much, competition for management jobs in such related fields should be stiff due to the relatively high pay and cachet such positions carry.
Jobs & Salaries with This Degree
Because of the varying scope of potential job opportunities with such a degree, expected salary is likely to vary as well. For example, government human resources managers may expect a median income approaching $70,000 while those in private enterprise may see the median approach $90,000. Similarly, managers with MIS experience will see a median annual income of about $115,000 for private enterprise.
Requirements for Earning this Degree
A bachelor’s degree is universally required to obtain admission into an MBA in management program. While coursework will undoubtedly vary based on specialization, core courses are likely to focus on financial management, business decision making, managerial marketing, strategy, and leadership and ethics for managers. An MBA with a focus in general management will also include the study of quality management, legal aspects of business decisions, and global economics.
