Types of Management
Managers are responsible for overseeing teams of individuals while they carry out required tasks, enforcing rules and regulations and supervising employee behaviors to ensure that a business or team runs smoothly. If you pursue a career in management, you can form your studies to fit your particular field of interest. Some types of career paths you can choose from are listed here.
How to Get a Management Degree
Once you decide to pursue a profession as a manager, you should spend time during your late junior and early senior year in high school researching different college programs that will help you achieve your goals. Many liberal arts universities offer various management programs, so finding programs related to your area of interest may be fairly simple. Make sure you apply to multiple colleges in order to increase your final choices.
DeVry University’s College of Business and Management provides undergraduate students the opportunity to earn a Bachelor of Science in Management. This program can be completed strictly online or by taking a combination of online and in-class courses. Students majoring in management at DeVry can choose to specialize in any of 15 areas to enhance their education and increase their readiness to enter their field of work. Specialization areas include but are not limited to accounting, sales and marketing, health services, global supply chain management, and technical communication. The College of Business and Management also offers students a program for a Bachelor of Science in Technical Management, as well, that focuses on the business and computing aspects of management.
The University of Minnesota Crookston offers students the opportunity to earn a Bachelor of Science in Management either online or on campus. This program is designed to help students develop their leadership and communication skills in addition to educating them on marketing and management. The knowledge and skills they gain help students get jobs within the government, small businesses, and even nonprofit organizations to help individuals and businesses grow together. With many classes consisting of less than 25 students each, instructors are able to provide the attention that students need in order to thrive in their areas of interest.
After receiving a bachelors degree, Worcester Polytechnic Institute’s School of Business offers a Master of Science in Management to graduate students. This program covers topics like finance, economics, and marketing; and students can choose more courses in project management, negotiations, leadership, telecommunications, and more. Worcester prepares students for the legal aspects of business and entrepreneurship, as well, so students are well-versed in the business world and prepared to manage organizations and businesses of all sorts.
Careers in Management
Still wondering, “What can I do with my management degree?” This section should paint you a clearer picture. Customizing your educational experience is one of the most rewarding aspects of receiving a college education. You decide what classes you want to take. You design your own future. When you are completing your degree program, you should make a point to research types of careers that interest you so that you can form your studies around the career of your choice.
Entry Level Careers in Management
With a bachelors degree in management and experience gained through an internship or research program, you may find that you qualify for one or more of the positions described here.
Advertising ManagerAn advertising manager meets with clients to discuss ways to improve marketing and sales tactics. Advertising managers are dedicated to keeping their clients satisfied. They answer any questions clients may have in regard to advertising techniques and statistics, and it is not uncommon for advertising managers to monitor budgets and develop project schedules. Advertising managers often start out with a bachelors degree in anything from advertising to business management with background knowledge in communications and negotiation in addition to finance. Masters degrees are often preferable.
Advertising managers can earn anywhere from $40,000 to over $100,000 annually, based on education and experience levels.
Labor Relations Manager
An entry level labor relations manager helps review job applications submitted to a company in order to help decide ideal candidates that will help the business prosper. He or she also assists in the decision of salaries for potential employees. Entry level labor relations managers typically hold a bachelors degree in human relations or another related field of management with excellent verbal and written communication skills. Those wishing to advance in the field tend to pursue a masters degree in management. Courses that cover labor laws greatly benefit those looking to get a position as a labor relations manager.
Less experienced labor relations managers can earn less than $42,000 annually, with the opportunities to earn more as experience levels increase.
Advanced Careers in Management
Once you gain a few years of experience and/or earn a masters degree in a specific type of management, then you may find that you qualify for one or more of the career options explained in this section
A production manager may supervise multiple departments of a company in order to ensure products being produced in a timely fashion and are top-quality. He or she also oversees and approves orders placed for necessary supplies and machinery. Production managers often have bachelor degrees in business management, production management, or other related fields with background knowledge in finance and excellent leadership skills. Experience in the production industry is also a requirement for those wishing to land jobs as production managers.
Production managers can earn over $80,000 annually, based on education and experience levels.
A finance director handles most of the financial details within a business. He or she monitors and updates records and develops financial plans and budgets to help the business succeed. For this reason, it is crucial that finance directors have outstanding written and verbal communication skills in addition to experience with computers. They also possess bachelor degrees in finance, business management, or other related fields as well as master degrees that demonstrate their advanced knowledge. A strong background in mathematics is also beneficial.
Finance directors can earn around $90,000 annually, based on education and experience levels.
Companies that Hire People with Management Degrees
Where can you work with a management degree? Almost anywhere. Many jobs are available in the field of management. Job opportunities in the management world are seemingly endless. Below is just a small selection of companies that offer management positions across the world.
Best Western International, Inc. – locations around the world; hires positions for customer care managers, program managers, digital marketing consultants, etc.
Regal-Beloit – headquarters in Beloit, WI, locations across the U.S.; electric motors manufacturer; hires positions for supply chain project managers, materials managers, account managers, commodity managers, etc.
Stewart and Stevenson Service – various locations; manufacturer of aftermarket parts and specialized equipment; hires positions for operations managers
Nissan Motor Co., Ltd. – locations around the world; hires positions for integrated factory automation supervisors, corporate vehicle administration managers, purchasing managers, etc.
Managers are needed in all industries. If you have excellent leadership skills, a drive to succeed, and great communication skills, then you are sure to find a job doing what you like and improving a business one day at a time.