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. (1) These statistics have resulted in an increased demand for dedicated, hard-working, and knowledgeable managers within the workplace.

Obtaining 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 would perhaps need to wait several years for an opportunity for promotion. In addition, 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 about $44,000 annually. This figure is up 7.5% over the 2006 expected rate.

After college, management majors are generally able to quickly obtain a position within their desired field, often skipping past several layers of lower-level positions which are frequently highly bureaucratic. Due to the management degree's aim for developing an extensive array of knowledge within the student, the graduate does not necessarily need to strictly peruse a management job. Below are a few of the related possible 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
Job 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
Recruiter	Researcher	Retail Manager
Safety Manager	Sales Coordinator	School Administrator
Securities Broker	Staff Development Manager	Supply Chain Supervisor
Stockbroker	Team Manager	Transportation Manager

Management majors must complete a wide variety of differing business courses including those in the areas of accounting, economics, finance, and marketing. Those who elected to pursue a bachelor's degree will likely be required to complete additional course work in these subjects.

 

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
Macroeconomics	Managerial Accounting
Microeconomics	Marketing

 

For more in depth research into management occupations, visit the U.S. Department of Labor.