Business management is a field of study that explores how business is structured and managed. Students can elect business management as their major if they're intending to go into the business field. Some schools have specific "colleges of business," such as Boston University and DePaul University, where business management degrees are offered. In business management, students have exposure to various theoretical and practical materials that they can apply to a position in business after they graduate.
A business management degree is a four-year degree offered by certain universities. The curriculum is designed to give students theoretical and practical knowledge about business operations, processes and systems. They take classes in the core areas of business, such as marketing, operations, accounting and finance, economics, strategy and organizational behavior. Some schools have impacted business management departments, which means that in order to elect the major, you need to have a certain GPA or finish a certain introductory class.
Students can specialize in a certain curriculum by electing a concentration. When a student elects a concentration, he may need to take additional classes geared towards more in-depth training for his chosen specialty. There are a wide variety of concentrations that a college may offer, including operations management, organizational behavior, project management, international business, and human resource management.
Degree Types and Name Variations
Some colleges offer the "business management" degree, such as DeVry University and Kent University, while others may have a different name for the same curriculum. The types of degrees in business management that a student can complete vary from school to school. Schools may offer a bachelor's degree in business administration (BBA), or a bachelor of science degree (BS). Graduate programs confer degrees, which includes master's of science, a Ph.D degree or an MBA degree.
You can prepare for a business management degree prior to enrolling to a program by taking prerequisite classes. These classes may include advanced math for business, statistics, and economics. It's important to have the foundation in math as you work your way into the business management curriculum. Upper-level business management courses may involve computations and applied mathematics, and it is not uncommon for business management majors to take a calculus class geared towards this field of study.
Possible career options for those who have completed a business management degree include finance, entrepreneurship, general management, management consultant, and sales management. Some can also go into non-profit leadership. Business management is a versatile degree that can open many doors in the business world.
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