The end goal of management-whether in a business or organization-is to employ resources (e.g., human resources, technological resources, finanical resources and natural resources) as efficiently and effectively as possible to maximize goals and objectives, whatever they may be. Some of the more common functions that management is in resposible for include hiring personnel, directing, organizing, planning, controlling and leading.
While all managers work within systems to achieve organizational goals, there are several different types of managers, each with their own expertise. Some of the more common types of management professionals include the following:
While some individuals are naturally more adept at management than others, becoming a good manager requires practice and education. Very few successful managers achieve success without professional training and education. Consequently, most entry and upper-level management positions require candidates to have an advanced college degree in management, or a closely related discipline. College degrees can help students develop skills in various types of management, including personnel management, production management, organizational behavior, healthcare management, international and small business management, government agency management, telecommunications management, financial planning and management, and hospitality management, among others.
Business Management Degrees
While there are various specialities within management, and just about as many manage degree programs, the degree in business management is the most common. Business management degrees focus on those areas of management (e.g., human resources, marketing, finances, leadership, and organizational management) that are relevant to running a business. Specifically, they’re designed to help prepare students to develop critical thinking, problem solving and decision making abilities. Business management degrees are offered at the undergraduate (associate’s and bachelor’s) and graduate (master’s, MBA, and doctoral) levels. Undergraduate degrees in business management are designed to prepare students for entry-level positions in management. Earning a bachelor’s degree in business management is often the minimum requirement to apply for many management positions. A master’s degree in business management (MBA) will qualify students for a larger array of entry and upper-level management positions and its the degree of choice among employers looking to hire competent management professionals. For those seeking career opportunities in business education at the university level or want to get involved in research, earning Ph.D. in business is recommended.
Applied Management Degrees
An applied management degree is similar to a traditional management degree, with one exception. Applied management degrees remove any ancillary coursework that is not directly related to the management function. You can think of them as streamlined management degrees. Applied management degrees are popular among students and professionals who already have a general degree and are looking for a more intense, career-focused degree program. For example, a manager seeking to make a move into financial management within his or her organization may opt to purse an applied management degree in finance. Earning an applied management degree is an excellent way to hone one’s skill set in a particular area of management and qualify for new management opportunities.
Undergraduate vs Graduate Degrees in Management
As previously mentioned, an undergraduate degree in management prepares students for entry level management positions. There are two types of undergraduate degrees: Associate’s and Bachelor’s. When pursuing an associate’s degree in management-with the intention of preparing for a career-it’s most beneficial to specialize by pursuing a degree in specific field of management (e.g., marketing, finance, human resources, technology, etc.) Earning a bachelor’s degree in business management is a popular undergraduate degree among college students seeking to prepare for career opportunities or graduate school. Many corporations through the world recruit students who’ve earned a bachelor’s degree in business management. However, more and more top corporations are now looking for managers with a little more skill and knowledge than what a bachelor’s degree provides-they’re looking for an MBA. Earning an MBA provides students not only with the credential but also the skill and knowledge to succeed in various business management environments.
Last but not least, students have the option of pursuing any number of pre- and post-graduate certificates in management. Earning a management certificate is a great way for working professionals and current managers to update their skill set and qualify for career advancement opportunities.
Management Degrees and Certificates
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