Business
Management is a course of study leading to an A.A.S. degree. The coursework
includes both general requirements (liberal arts courses) as well as curriculum
requirements (business courses). In addition, each student takes elective
courses in one of the following four areas of study: General Management,
Finance & Banking, Marketing or Travel & Tourism.
Program Outcomes
·
Effectively communicate using the
language of business
·
Make business decisions using a
systematic, evaluative, information-based approach rooted in ethics and social
responsibility
·
Demonstrate knowledge of current events
and trends in business, including potential career tracks in their area of
interest
·
Master the skills necessary to prepare
them to work in an entry-level position and/or continue in the academic field
in their area of interest
As a
business manager, you are given the major responsibility of managing
administrative tasks for a business. A company may expect you to assist with
its marketing program. A company may also want you to perform a budget analysis
in order to find out ways that the company can cut costs. You should have an
astute understanding of accounting, marketing and administrative procedures
that are required in order to run a business. The competition for business
management positions can be fierce. You should obtain a degree in business
administration, accounting or marketing if you eventually want to obtain a
business management position.
Salary
According to
the Bureau of Labor and Statistics, the average salary of a business manager is
about $77,000 a year. The position is expected to grow by at least 15 percent
in the next ten years. Businesses will be facing increased demands as they try
to adjust to online commerce. If you have a specialized knowledge of online
sales, then you may find that you are easily able to find a position as a
business manager. Companies will also be seeking individuals who have an
accounting background and are able to cut down on the costs that a company
faces.
Education
Requirements
To become a
business manager, it is essential to possess a four-year bachelor’s degree in
administration, accounting, finance or marketing. If you have a special
certification, such as a CPA license, then this can also be beneficial if you
apply for a position as a business manager. Companies are now hiring
individuals who can also assist with financial operations. You may need to do
compliance work for a company to ensure that the company is adhering to the
recently passed financial regulations. Companies are also looking for
individuals who now possess a master’s degree in business or accounting. You
should expect to obtain an MBA in management or accounting at some point in
your career.
Skills
Required
To excel as
a business manager, it is essential that you have strong analytical abilities.
You will need to foresee the demands that a company will face in the future. It
is also important that you have an ability to work well with other people. You
should be able to work with a variety of personalities. Employees will look to
you for leadership and motivation. You should be able to inspire employees to
excel in their work during high-pressure times for the business. You also may
need to possess strong accounting skills if a business expects you to perform a
budget analysis of its operations every month.
Responsibilities
Typically,
the responsibilities of business managers involve overseeing operations,
reviewing contracts and helping employees reach their top productivity levels.
A business manager may also be called upon to supervise or train new employees.
He or she may also need to assist with planning certain events for a company. A
business manager plays an important role in the operation of a company, and it
is essential that he or she can deal with heavy loads of stress.
Top
Courses in Business Management
A course is
typically included in the curriculum of a degree or certificate program, but as
a standalone experience, it offers students the opportunity to delve into a
specific area of study. It generally includes required reading, tests and other
components to measure student’s achievement.
A course in business management is an introductory
survey of the principles and conventions associated with managing a business.
Some of the concepts covered may include accounting, marketing and compliance
for managing a successful business. To solidify knowledge, students may even
participate in an internship wherein they can further develop and apply the
management skills learned in the classroom.
A course in
business management imparts essential skills to students. In learning about
management, students also develop leadership skills and accounting abilities
that are beneficial to nearly any context.
The cost of
such a course varies, but you can get an accurate summary of expenses from your
school’s admission office
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