Are you considering an online bachelor’s degree in business and curious about the job market for graduates in this field? The U.S. Bureau of Labor Statistics cites statistics for many different career choices available in the business management field:
- Employment of business and financial operations occupations are “projected to grow 8% from 2014 to 2024”, about as fast as the average for all occupations.
- Employment of management occupations are “projected to grow 6% from 2014 to 2024,” about as fast as the average for all occupations.
- Employment of financial analysts is “projected to grow 12% from 2014 to 2024,” faster than the average for all occupations.
The U.S. Bureau of Labor Statistics also states that a bachelor’s degree in human resources is typically required for an entry-level position in the business management field. Furthermore, many positions prefer or require a master’s degree.
When you decide to enroll in an online business bachelor’s degree program, there are a number of different courses you may be required to complete, depending on the school, program, or concentration you choose. Courses often required in online bachelor business degree programs include financial accounting, business law, economics, finance, organizational behavior, business management, marketing, human resource management, and operations management.
- Business Law (also known as Commercial Law): This type of course typically covers federal and state laws specific to business management, finance, economics, and other regulations and laws that often impact companies and managers.
- Operations Management: This is the study of business processes, and how to understand, analyze, and improve upon them to increase organizational efficiency. Concepts covered often include process analysis, maximizing production, flow rates, and organizational structure.
- Business Marketing: An introductory business marketing course will address how organizations meet the needs of customers through offered products and services in a dynamic and frequently changing marketplace. Concepts covered often include understanding audiences, pricing strategies, promotional campaigns, and distribution methods.
- Business Communication: Successful communication is key to the success of any manager, and these courses often cover strategies and tactics expected of managers. These include how to prepare emails, presentations, and other memos; how to write for different audiences (executives, subordinates, clients), and how technology can both improve and hinder modern business communication.
One of the benefits of pursuing your online bachelor degree in business management is the flexibility it offers. Studying in an online environment allows you to advance your career while balancing your family life, full-time position, and even an active duty military career.
The job duties of a Business Manager are vast and varied depending on the field or organization you choose. Some of the more universal duties you can expect as a Business Manager are staff management and development, strategies to meet expected goals, adherence to all business laws, and building rapport between employer and employee.
What you’ve accomplished so far:
- Researched the long-term growth prospects of the business management field
- Reviewed some of courses often required when pursuing an online bachelor’s degree in business management.
- Reviewed some the job duties that may be required as a Business Manager.
If you’ve decided that a bachelor’s degree in business management is the right fit for you, the next step is to research available online business bachelor’s degree programs offered by an accredited university.
Organizations like the Accrediting Commission for Schools, WASC Senior College and University Commission (WSCUC), Department of Education (DOE), and The Council for Higher Education Accreditation (CHEA), strive to ensure that institutions of higher education meet acceptable levels of quality. Visit their respective websites for guides on how to choose the online program that is best for you.