Between 50 and 75 percent of American managers are estimated to be incompetent. In fact, 30 to 50 percent of those appointed to executive positions end up either fired, or prematurely resigning. These statistics have resulted in an increased demand for dedicated, hard-working, and knowledgeable managers within the workplace.
|BACHELOR’S DEGREE MAJOR||2016 AVERAGE SALARY|
|Math and Sciences||$55,087|
Earning a college degree in the subject of business management is a vastly accelerated track to a wide variety of career options. With solely a high school diploma, aspiring managers/business people will often need to wait several years for a promotion opportunity. Additionally, a business degree greatly expands one’s market value and potential to fill more demanding, higher paid positions.
Regarding salary, new graduates with a degree in business management or administration are expected to receive an average offer of just over $50,000 out of college.
Depending on career track, the new management major is generally able to jump into a position within their desired field, often skipping past layers of lower-level positions that do not provide much space for on the job decision making (such as a cashier or entry level service representative). Due to the management degree’s aim for passing on an extensive array of knowledge to the student, the graduate does not necessarily need to strictly pursue a job with a title that includes “manager”. Below are a few easily-relatable positions available to management majors:
|Account Executive||Administrative Manager||Assistant Manager|
|Bank Manager||Chief Executive Officer||Claim Specialist|
|Construction Manager||Credit Manager/Loan Officer||Customer Service Manager|
|Department Manager||Distribution Manager||District Manager|
|Entrepreneur||Facility Manager||Financial Manager|
|Food Service Manager||Government Agency Manager||Healthcare Manager|
|Hospitality Manager||Human Resource Manager||Information Systems Manager|
|Insurance Manager||Insurance Underwriter||Inventory Control Specialist|
|Business/Systems Analyst||Labor Relations Specialist||Management Scientist|
|Manufacturing Manager||Marketing Manager||Market Research Analyst|
|Office Manager||Production Manager||Project Manager|
|Purchasing Manager||Real Estate Manager||Realtor|
|Safety Manager||Sales Coordinator||School Administrator|
|Securities Broker||Staff Development Manager||Supply Chain Supervisor|
|Stockbroker||Team Manager||Transportation Manager|
For more in depth research into management occupations, visit the U.S. Department of Labor.
In order to complete an accredited management degree, management majors must complete a wide variety of business courses, including those in the areas of accounting, economics, finance, and marketing.
Typical Non-managerial Coursework Guide For Bachelor Degree Management Students
|2nd Year Work||3rd Year Work|
|Business Law||Business Finance|
|Financial Accounting||Business Statistics|
|Information Systems||International Business|