Applied Management Degree Information
People seeking to advance in their organizations, moving up the managerial ladder, choose to further their education by getting a bachelor’s degree in applied management. Many bachelor degree programs require the prospective student to have some education and work related background, such as an associate’s degree or a number of years of employment. Getting a fully-rounded education focused specifically on management and business operations allows working students to expand their knowledge base and enhance their business skills.
Applied management degrees are usually bachelor’s degrees. Master’s degree management programs are available, but many graduate students prefer to get a master’s in business administration or MBA instead. At the bachelor’s degree level, the course of study emphasizes management techniques, strategies, finance, business law, accounting and international business operations. Managerial positions require leadership, problem solving and critical thinking skills; management degree programs develop these skills through a variety of courses. Since all industries require managers, many students also focus on the technology that drives the industry they’re interested in. For instance, an individual works at a software development company. Wishing to advance further in his career, this individual works towards a bachelor’s in applied management, but also studies information technology with its components of hardware, software, electronics, internet, semiconductors and so on.
Online Applied Management Curriculum
Management students will take a variety of business related courses. Business communication, communication for management, corporate finance, accounting, business law, ethics, organizational behavior, human resource management and business policy and strategy are all courses offered by management degree programs.
Obtaining a bachelor’s degree in applied management allows the graduate to apply for entry to mid level managerial positions. Students gain not only knowledge of business operations and human management, but they will also develop the skills they need to perform the tricky tasks of business management. Students will study organizational supervision, project and team management, business accounting and finance and business operations. Applied management programs focus on teaching management skills, management ethics and basic business operations. With a bachelor’s degree, people are then ready to pursue careers in any field that requires managers, including food management, health care, hospitality, accounting and technology.
Expect to take many business courses since the objective is to provide the students with a solid training in business operations. Courses such as the following will prepare the student to advance his career:
- Small business management
- Supervisory principles
- Public relations
- Business ethics
- Legal environment for business
- Human relations management
- Workplace continuity and contingency planning
The U.S. Bureau of Labor Statistics (BLS) includes a huge list of management occupations, including marketing managers, sales managers, administrative managers, information systems managers, financial managers, purchasing managers, human resources managers, construction managers, architectural and engineering managers, food service managers, lodging managers and natural sciences managers to name just a few. Obviously, all businesses, nonprofits, education both primary and secondary and government agencies all need people trained in management to help the organization run efficiently. The career opportunities are many and varied for talented managers with a thorough background in business operations. While top positions are open to only a few, the many levels of management running up the organization’s hierarchy are open to many more.
With most managing positions growing by 17 percent, according to the BLS, the earning potential for managers in any field are excellent. The median salary for construction managers, for example, was $83,860 in 2010. For architectural and engineering managers, the median salary was $119,260 in 2010. Although there may be wide variations in basic pay scales for managers in various fields, managers earn a good salary with just a bachelor’s degree and work experience.
Applied Management Degree FAQ
What types of jobs can I expect with an applied management degree?
Many managers work long hours overseeing every aspect of a business. While most work in offices, others, such as construction managers may work on a construction site. Managers are expected to devise strategies and policies to ensure their organization reaches its goals. Managers plan, direct, coordinate and supervise all business operations. This is exacting and often challenging work, but many managers thrive on such challenges.
How long does it take to earn an applied management degree?
Most bachelor degree programs take four years to complete. Since many applied management degree programs are offered online, the time to completion of the program will vary by the individual.
Where are the highest paying management jobs?
People managing companies and enterprises make more than those managing primary schools. A hospital manager earns more in salary than managers employed by local governments. Financial managers make more than any other category, especially those in security and exchange. Salaries for managers will vary by industry and location, but most will earn a six figure salary after a few years work in the field. The states that pay the highest salaries to managers are New York, New Jersey and the District of Columbia.