Getting an online degree in management is a great step towards improving your career. Whether you get a Bachelor’s or a Master’s, a degree in management boosts your chances at promotion and better salary. Businesses like to have managers with the knowledge and skills that come from earning a degree in management that will help them to better understand the world of business and how to manage employees. Most employers want to have management with at least a Bachelor’s degree and many places prefer the knowledge that comes with a Master’s degree.
Studying for a management degree online can be completed in 4 to 4 1/2 years for a Bachelor’s degree and sometimes in just under 2 years for a Master’s degree–depending on the amount of time you devote to your studies. While earning your degree, you can expect to study courses in accounting, business law, economics, statistics, finance, and marketing. After completing your studies, you will have sharpened your skills at leadership, communication, problem solving, analytical thinking, and managing employees and projects.
Once you have earned your degree, career opportunities include such positions as project manager or administrator, and positions in advertising, sales, marketing, public relations, and positions of leadership such as that of a CEO. Positions in management are fiercely competitive and while job prospects are good for management positions in general, specific companies may experience downsizing, streamlining, and various other changes that affect the available management positions within each place of business. Salaries for management positions vary depending on the type of career. For purchasing, administrative, and marketing managers, the median salary varies from $60,000 to over $100,000 while those in management careers who have advanced significantly can earn well above $200,000 a year.