It’s been a difficult year for the job market, with uncertainty across many industries. If you’re planning the early stages of a career, it can be difficult to determine what feels like a safe path forward.
One line of work you can always count on plenty of demand for? Business management. No matter what changes may occur and what industries you work in, there is always going to be a demand for people who know how to properly run a business.
Getting a business management degree can be a great way to secure a stable and fulfilling future. But what does getting a business management degree actually consist of? What do you need to know going in?
Read on and we’ll walk you through the details.
Types of Business Management Degree
There are many different types of business management degrees that one can obtain during schooling.
A student can obtain a degree in business management at an associate, bachelor’s, master’s, and doctorate level. The degree that you pursue will depend on the amount of time and money you have available for your schooling, as well as the needs related to your career goals.
An associate degree, for example, only takes two years to obtain but will limit the kinds of positions you can take on after school. You can likely get an administrative assistant or customer service position with this kind of degree, but more advanced jobs will likely require more schooling.
A bs in management will take double the amount of time but will allow you to apply for positions with more benefits and upwards mobility. This can include Human Resources specialists, financial analysts, and similar positions.
If your career hopes are even higher? You might want to stick around and try for a master’s or even doctorate degree. In most cases, you’ll need to already have a bachelor’s degree under your belt to enter these programs.
If you’re hoping to step into a leadership position at some point in your career, having at least a master’s degree can be extremely helpful.
There is high demand across many industries for MBA graduates — it’s a great degree to get if you want to be able to launch yourself into a strong position right out of school.
While a doctorate isn’t necessary to get an amazing position in this line of work, it can help to make you more competitive. However, it will also require an additional three to six years of school.
What Will You Study?
As you can imagine, much of the focus during your time working towards this degree will be on the best practices for business.
This will include topics such as proper business accounting, project planning, management practices and strategies, communication, and customer service. With an associate degree, you’ll at least get a basic handle on all of these fundamentals of the business world.
The more you climb up the ladder of education, the wider net you can expand when it comes to these topics. A bachelor’s degree will dive deeper than basic accounting, for example, giving you a full sense of business economics.
If you push your way up to a master’s or doctorate degree, there will be more of a focus on executing strong leadership.
You’ll be building on the foundation of what you’ve learned in your previous studies, learning how to implement these ideas, practices, and strategies from the top down.
Jobs You Can Get With a Business Management Degree
One of the great benefits of a business management degree is that you can get a wide variety of jobs after finishing your schooling.
If your eventual goal is to become top brass at a company, business management is a great place to get started — but it can help land you a number of other desirable positions as well.
This degree can secure you a job in many industries, although finance, health care, sales, and other such lines of work are among the most common for graduates. The types of positions can be just as widely varied.
One might be able to apply for the position of an accountant, for a role in human resources, or to work in the leadership portion of a marketing department. With an MBA, you can take on a leadership position in just about any kind of department, within various types of industries and businesses.
It’s also easy to score a job as a financial analyst, business analyst, or even a talent acquisition specialist.
Depending on what you find most interesting during your studies, there are a lot of different directions you can move in.
This wide range of possibilities will also make it easier for you to find a position after school, as you’ll have more flexibility when it comes to which jobs you’ll be qualified for. This means you’ll have an easier time even during difficult economic moments.
Seeking Out a Career in Business
A career in business can be an extremely rewarding way of life. It provides security and strong compensation, and you can rest easy knowing your skills will always be valued and needed.
It’s for these reasons and more that seeking out a business management degree might be a smart idea. The above information can give you a sense of what seeking this kind of degree might be like.
Need more education information and advice? Keep scrolling our blog for more.