April 1, 2016
Technology and globalization may continuously change the inner workings of organizations, but the key tenets of management in business remain the same, and they're a vital part of success in any industry. So, if business is your primary focus and higher education the path to allow you to excel in your field, you might consider what to do with a business management degree in the ever-evolving marketplace. Let's take a look at some of the possibilities available through business management-related online degrees.
When you think business at the college level, a Bachelor of Science in Business Administration often comes to mind. It's easy to see why. For those with interest in pursuing success in the business sector, this is a natural fit. Supervisory skills and managerial techniques are an integral part of this degree. The goal is to develop professionals, who can apply proven leadership skills across a wide range of industries in a variety of career roles. As a result, you'll have the skills and knowledge to bring tremendous value to organizations in junior and mid-management positions.
When you consider what to do with a business management degree, think about the employer-desired skills you'll acquire in accounting, business law, human resource management, marketing and leadership. While the BS in Business Administration itself makes you a solid player in the workplace, choosing a specific concentration in tandem with this online degree will allow you to offer specialized skills in a particular area of business.
Some options could include healthcare administration, human resources management, nonprofit management, organizational leadership and small business management.
In a bachelor's in business administration program you can learn to interpret business and societal trends, giving them consideration in their historical, political, economic, social, cultural, geopolitical and technological context.
As our world becomes increasingly globalized, you need to be well prepared to apply cross-cultural awareness sensitivity to facilitate the creation of shared values, attitudes and beliefs. To become a strong business leader, you must understand the importance of social and emotional awareness and be able to foster and facilitate shared leadership, group processes and organizational learning. You'll also integrate ethical principles and core personal values into business decision making - and employ change management theories and concepts in various organizational contexts.
Harold Lambert is a father of four, who served in the U.S. Marine Corps for more than 10 years. While much of his military career has revolved around responsibilities related to his role as a Marine - and during frequent deployments overseas - he had returning to school on his mind throughout. In the spring of 2013, he finally decided to get started.
His goal is to establish a business of his own that caters to the needs of small children and single parents. "I have always been one to want to give back to the world," said Lambert. He feels that with completion of his online bachelor's in business administration, he'll be better equipped to do so. Upon graduation, he'll also be the first of all of his siblings to have attended and completed a four-year degree.
"All in all ... I believe that I will have gained the necessary tools to succeed in life and in business," Lambert said.
For Heather McKay '14, going back to school was all about her kids. She hadn't intended to go to college, but with time, her mindset changed. "As my kids have gotten older and faltered in their own education, it became evident that if I were going to get them to move forward with their goals, I would have to be the example," said McKay. While she wasn't quite sure of what she could accomplish - or what her own goals would be - her academic advisor helped her every step of the way to achieve success.
Her boys, in their late teens and early 20s, watched her spend her evenings doing homework and studying for her online BS in Business Administration courses. "They saw my sense of pride the day I received my associate degree," she said and spoke of the feeling of accomplishment she had in earning her bachelor's as well. "It's all been worth it to show my boys how it is possible to accomplish anything if you are willing to dedicate yourself to it."
Kelley Crider said, "Life is all about options. No one is going to hand you the key to your future. You have to carve that path for yourself." That's what she chose to do. As a 30-something mom of two, Crider decided it was time to go back to school and earn a degree. She's not just setting a good example for her kids; she's also fulfilling a personal goal by earning her online BS in Business Administration.
"Getting this degree will open up countless doors for me in my present career or strengthen my resume if I choose to go in a different direction," she said.
Jackie Lake had 10 years of experience in all different aspects of business and was working 60-plus hours a week as a food and beverage manager at a golf course, sometimes seven days a week. While she was certainly experiencing success in her work, she realized what was missing was a degree.
She knew it was a lot to take on, but she also knew it would be worth it. After beginning her program, she said, "I couldn't be happier with myself. I can't wait to finish my degree in business administration."
In a business studies degree program, you'll gain critical leadership, critical-thinking and problem-solving skills, integral to success in diverse business environments and have the option of choosing from a dozen business concentrations to augment your business studies program courses and allow you to specialize in a particular area of interest.
There are some terrific opportunities available for business professionals in many fields. The U.S. Bureau of Labor Statistics (BLS) notes that employment will continue to grow through 2024 in accounting and auditing (11 percent), medical and health services management (17 percent), marketing and advertising management (9 percent) and human resources management (9 percent).* Couple this job growth with your education and you'll have your answer for what to do with a business management degree.
While a bachelor's degree in business administration or business studies will get your feet in the door and potentially, a perch in mid-management, your Master's of Business Administration can help take you to the top berth. Like a BS in Business Administration, an MBA provides tremendous flexibility across multiple industries, but at a higher level.
When you pose the question of what to do with a business management degree, the MBA packs a solid punch in providing you with access to diverse industries in a wealth of professional roles. An MBA program will position you to play a vital part in reshaping organizations, creating sustainability in small businesses and accelerating your climb up the corporate ladder.
Perhaps you'd like to take that overall MBA knowledge and skill set and combine it with specialization in a particular area of study. Some schools have dozens of MBA concentrations, giving you an opportunity to gain substantial expertise in areas ranging from forensic accounting to corporate social responsibility, healthcare management, internet marketing, sustainability and environmental compliance and far more.
If you've wondered what to do with a business management degree with regard to changing the world, consider what these two alumnae are doing with their online MBAs:
Pamela Pantelakos completed her associate degree in accounting in 2001 and her BS in Business Administration and Accounting in 2012. She earned her MBA in Finance in 2015.
Pantelakos spent most of her career in the nonprofit sector and has served as a volunteer on boards of directors for charitable organization. "My experiences and education have served me well in those capacities," she said. "I encourage everyone to continue their education and find a way to make a difference in the world and help others."
As a director of sustainability for a major organization, it was only natural for Wendy George Phippen to pursue an online MBA with a concentration in Sustainability and Environmental Compliance. Having graduated many years ago with a BS in Chemistry, Phippen always wanted to go back to school to complete a master's degree. "The MBA program ... fit into my schedule and had the sustainability focus I was hoping to include," she said.
What difference could you make in the world with an online MBA?
In today's ever-changing marketplace, top managers lead the way through their ability to pivot and apply cutting-edge project and people skills to meet organizational needs, regardless of the challenges that come their way. You'll learn to effectively manage people and projects with a master's in management degree, and will possess the abilities that foster flexibility, responsiveness and resilience as a leader and within the groups you manage.
From critical thinking, data analysis and ethical reasoning to effective verbal, written, presentation and technical communication skills - as well as brand and mission evaluation and understanding and articulating the importance of business metrics, performance data and financial analysis - you'll be ready to lead in a manner that garners appreciation and positions you for continued success throughout your career. It all starts with a master's in management.
Whether you're currently in the healthcare field or considering joining this rapidly expanding industry, there's never been a better time to consider a return to school for an online MS in Management with a concentration in Healthcare Management.
As an online master's in management student, you'll gain a solid foundation in the core business principles you'll need to succeed, coupled with a focus on healthcare and how the two intertwine. As a result, you'll be ready to lead in any organization, but you'll have a leg up in healthcare management.
Cooler heads prevail in any crisis, and with an online Master of Science in Management with a concentration in Emergency Management, you'll have the skills and knowledge to handle critical situations - from organizational issues to security threats and natural disasters.
You'll gain an in-depth understanding of what's involved in disaster response and recovery, and be prepared to evaluate crisis planning strategies and structures, including the role and responsibilities of local, state and federal government. From minimizing risk to safeguarding the public, you'll be able to work in many different settings, from public agencies to private firms, on a global stage or within the local community.
According to the BLS, there's an ever-growing demand for emergency management directors, with an anticipated 6 percent expected growth by 2024.*
Whether you're just beginning your college experience - or returning to school to complete a bachelor's or master's degree, if you have a desire to lead a team or organizational level, a business management degree can help you to make that inclination a reality.
*Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, on the Internet at https://www.bls.gov/ooh (viewed online July 21, 2017). Cited projections may not reflect local and/or short-term economic or job conditions and do not guarantee actual job growth.
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