Management degrees and business administration degrees

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Management Degrees - Business Administration

Management degrees are ideal for people with good analytical, leadership and communication skills. This prepares them for careers in business management and business administration.

Management degrees prepare you for the role business managers or administrator, depending on the degree of responsibility and authority and the company structure. They manage a wide range of support services for organizations like insurance companies, computer manufacturers and government offices. Responsibilities for business managers include:

Project Management
Developing departmental plans
Setting company goals and deadlines
Implementing procedures to improve productivity
Defining responsibilities of supervisory-level managers
Hiring and dismissing employees

Business administrators usually work in:

Secretarial and reception services
Conference planning and travel
Information and data processing
Materials scheduling and distribution
Telecommunications management

Accredited online and campus programs and degrees in business management.

Education and Training

Most business schools offer different programs to accommodate your career goal, from online classes to traditional colleges and universities. Though work experience is highly valued in this field, employers prefer to hire applicants who have at least an Associate degree. Other preferred candidates include those with a business degree or some formal business management training. Attending business management school increases your prospects.

Expected Salary

According to the Bureau of Labor Statistics Occupational Outlook Handbook, earnings of those in Business Management positions vary greatly. This is a result of the employer, the field, and the geographic area. The lowest 10% earned less than $34,970, while the highest 10% earned upwards of $117,610. Business Administrator salaries vary depending on the employer, the specialty and the geographical location. According to the Bureau of Labor Statistics Occupational Outlook Handbook, median annual earnings in 2006 were $67,690.

Projected Career Growth

The Bureau of Labor Statistics estimates that careers in Business Management and business administration will grow by 12%, through 2016. Applicants for top-level management jobs are more competitive but opportunities are expected to be better for lower-level administrators. There should also be a high demand for facility managers. Demand continues to increase as businesses emphasize importance of maintaining, securing, and efficiently operating facilities.

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