Management Business Major – Home » About Us » Sentinel Blog » Cracking Business Management: A Look at One of the Most Popular Majors in America
Business remains the most popular major in America year after year. It has long been considered a wise financial move, with a solid higher than average return on investment. Its academic disciplines — such as finance, accounting, marketing, management and general business administration — account for one out of every five degrees awarded each year, according to the Washington Post.
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But where does business management fit into it? With differences that set it apart from its business administration or marketing counterparts, a business management degree can equip graduates with incredibly broad and versatile skills that can be found in almost every industry.
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Join us as we break down the unique features of business management programs, explore the potential career paths that await business management graduates and reveal the features of the College of Saint Scholastica’s new business management degree pathway.
Business management degree programs are growing in popularity because it is such a versatile major that it provides the results needed in every setting and in every organization, explains Kathy Modin, assistant professor and interim chair for the Department of Management at the College of St. Scholastica ( ).
So, what sets business management apart from other business degree programs? In general, business management students are considered more general than other specialized fields of undergraduate business studies. The goal is less to master a specific field and more to prepare students with the general skills needed to manage people and projects.
Business managers, for example, focus their work on running the day-to-day business. Business marketers determine a company’s growth strategy. In contrast, business management professionals work at a much higher level, often dealing with larger issues, such as setting goals and standards for departments or projects and ensuring that company operations are run smoothly and efficiently. . That said, business management will generally focus more on people than processes, including strong leadership skills, the ability to supervise staff, an understanding of ethical decision-making, and skills related to organizational change and strategic management. are
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Business management students can still expect to take basic business courses, courses related to financial accounting, economics courses and other courses required by most business majors. Yet they can also generally expect a more comprehensive education that encompasses all disciplines and aspects of business, rather than focusing on a single aspect of the field.
With such a desirable skill set, business management degree holders can find work in many different industries and under different job titles. While it’s true that highly skilled graduates can eventually work their way up to chief executive positions later in their careers, consider the following four job titles you’re more likely to encounter starting out. is the.
These business management professionals are responsible for planning, directing and coordinating the many administrative functions of an organization. This may include recruiting new staff, interviewing and supervising hires, consulting with senior executives on strategic planning and serving as an integral link between an organization’s management and its operations.
Candidates looking for a position as a production manager can expect their job duties to revolve around ensuring that overall product manufacturing operations are run reliably and efficiently. Typical duties include planning and managing production schedules, estimating personnel and resource requirements, determining quality control standards and serving as the necessary liaison between production management and strategic management teams.
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Professionals serving in an administrative services manager role plan, directing and coordinating an organization’s support services. This means that they range from maintaining facilities and overseeing administrative activities to setting department goals and recommending changes in policies or procedures as needed.
Training and development managers specialize in supervising an organization’s staff. They plan, direct and coordinate programs to increase the knowledge and skills of employees in multiple departments. This may include creating or selecting course materials and content for training programs. In some cases, these individuals oversee a team of training and development professionals who, in turn, direct the organization’s employees.
While many management degree programs focus mostly on organizational behavior, the business management program at the College of Saint Scholastica () combines a general business focus with human resource aspects and even legal aspects of management. This results in a more comprehensive degree pathway that produces highly skilled graduates who are more than ready to make their mark in their industries.
Modine explains that business management students can expect to develop advanced skills in the following areas:
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Students also gain the ability to easily relate all of the above skills to their job duties after graduation, effectively applying what they have learned. In fact, the business management program emphasizes experiential learning through on-site internships, study abroad programs, international research opportunities, connections with local businesses, industry-related field trips and guest speakers.
“We’re all about applying what you learn in the classroom to real-world experiences,” Modine reiterates. Students participate in internships with prestigious corporations that often turn into full-time job opportunities. Some of the most notable organizations include Security, Target Corporate, Microsoft and Ecolab.
“Businesses are asking for graduates,” Modin says, explaining that they know they’ll get reliable, highly qualified employees.
If you’re looking for the most popular college major in the US in a way that can qualify you to buck the big trends and land the jobs you’re after, you should consider business management. Considering a degree in The College of St. The recently re-vamped program at Scholastica knows how to prepare graduates to exemplify what organizations are looking for from all kinds of industries. Learn more about your options by visiting the BA in Business Management program page. Management is an important aspect considering any sector of scope. Management is within a range of different processes by controlling and managing the administrative process. Through the rise of many organizations, the management of such areas became a matter of utmost importance. This resulted in the emergence of a new branch dedicated solely to the study, understanding and innovation and development of various management principles and models. This requirement was only because all companies consist of different types of resources that are used by the company for the achievement of different strategic objectives. This process can only be done through careful use of resources and a well-guided path for the company to follow, hence the need for business management.
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In the current situation, there are many business enterprises that are created by important leaders to achieve their goals. All such projects require either an individual or a group of individuals to completely manage the work of the company. Various activities performed by them fall under the scope of business management. The MBA course is preferred by those who prefer this line of work. MBA in UK is considered to be one of the most popular and prestigious courses available due to the permanent presence of various accredited and renowned universities. Through the various services provided by these universities, students find it easier than ever to complete their initial step in understanding business management.
There are various functional areas of management like planning, staffing, direction, coordination, budgeting etc. Similarly, the operational aspect of business management is production, material, purchasing, financial and marketing management. All these aspects are considered when designing the curriculum for the students, especially for those who are interested in MBA degree in UK. Various universities like London Business School, Cambridge etc., provide the best MBA top-up for interested students. A certification from such universities also provides job opportunities for distinguished students who have completed the course. MBA courses in UK provide students with all the facilities to complete their studies with the best faculty to deliver international level classes.
MBA students are subject to various trade or general business careers either by creation or by various industrial periods. It is to familiarize students with real-world applications of the course. An MBA in International Business is an important aspect considering the development of various business ventures. Management is required in many problems that involve using a large number of resources or elements in a controlled manner. In the case of companies, they use the funds to fulfill tasks defined by the CEO or board of directors. Such MBA graduates are often given the posts of Management Analyst, Administrative Service Manager and Chief Executive Officer etc., strictly according to their experience.
A management analyst is a person who optimizes profit margins, operating efficiency, etc. Such persons may also move to foreign countries and advise different companies for various tasks or methods to be taken for the prosperity of the company. Both large and small companies hire them.
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Administrative service managers can provide efficient operations and services. They also evaluate various energy saving techniques for the company to use energy efficiently. Also estimate transportation costs to suggest ways to implement them
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