A
bachelor in business management degree is geared toward aspiring business leaders and managers. Graduates acquire the essential knowledge, skills, and self-confidence to practice effective management. They gain the appropriate skills and knowledge that assist them in dynamic and competitive environments on national and international levels. Students need to complete required core courses, and will have the choice to select elective courses and specialize in a major. A number of majors are available for students in business management, which also includes advanced business management courses.
Coursework
The coursework for business management programs may vary from one institute to another. However, there are some similar core courses which are a part of almost all business management programs. These core courses may include:
Introduction to Management
This is an introductory course which covers management and its basic processes and functions. The course may also include various real world management situations dealing with planning, organizing, leading, and controlling.
Introduction to Economics
This is a basic course offered to business management students, and covers topics related to microeconomics, macroeconomics, and international economics. Microeconomics covers the nature and method of economics, while macroeconomics is based on the measures of national output, means of measuring national wealth, business cycles, unemployment, and inflation.
Principles of Marketing
Principles of Marketing covers topics such as marketing mix and marketing concept, consumer behavior, products, services, relationship marketing, ecommerce, retaining customers, branding and positioning, integrated marketing strategies, and pricing strategies.
Ethical and Legal Issues in Business
This course allows students to gain comprehensive knowledge on legal and ethical issues related to business. It also covers those areas of the U.S. legal system that are related to business, such as law of torts, intellectual property, strict liability, and contract law.
Financial Accounting
The course gives an introduction to the accounting cycle and the construction of financial statements. Students acquire knowledge about the basic principles and practices involved in financial accounting, as mentioned by Generally Accepted Accounting Principles (GAAP).
Organizational Behavior and Management
This course studies individual and group behavior in organizations, with the help of real world management situations. Various topics are covered in the course such as individual differences and diversity, motivation, organizational design, leadership, decision making, and organizational change and development.
Essential Skills
There are a number of skills that are required with a business management degree to succeed in the real world. The following are some of the key skills that could help graduates excel in various business management fields:
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Excellent verbal and written communication skills
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Effective listening skills and empathy
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Strong understanding of dealing with people at various levels
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Multi-tasking skills
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Organizational skills
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Analytical and quantitative skills
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Teambuilding and teamwork skills
Careers
An accredited business management degree will help provide you with the skills and credentials needed for managerial positions available in almost every business and industry. Graduates could work in both the small and large economic sectors in the U.S. Successful management professionals are known for their excellent communication skills, ability to develop detailed analytics and reports, and work effectively in different leadership and support roles. Here are some related fields.