Masters in Management
If you have a brain for business and a general desire to be in charge, you might do well with a Master of Science in Management. This degree is designed to give you all the skills you need to lead a team of employees toward success. Whether you want to be the hot shot at a big company or you want to start a business all your own, this program will give you the tools you need to make that happen. Here is a closer look at this program so you can determine if it is right for you.
What You Can Do with a Masters in Management
You can do just about anything you want in the business world if you have a Master of Science in Management. The income you earn will largely depend on the kind of work you do, so that is something to keep in mind. Here is a look at some common jobs associated with this degree, along with the annual salaries you could earn with them:
- Executive Director: $52,359 – $120,000 per year
- Human Resources Director: $45,302 – $134,613 per year
- Human Resources Manager: $53,500 – $75,417 per year
- Operations Manager: $59,775 – $77,465 per year
- Program Project Manager: $62,687 – $146,688 per year
- Project Manager, Information Technology (IT): $44,602 – $134,662 per year
- Senior Systems Engineer: $85,000 – $130,380 per year
No matter what job you choose, you should be able to make at least $50,000 a year with an MSM. If you play your cards right, you could earn $100,000+ annually. You just have to be committed to your work, and you’ll easily support your family with this level of education.
How MSM Programs Work
It takes about two years to complete your MSM after you have already gone through your bachelor’s degree. You cannot enter grad school without an undergraduate degree, but you can take classes at the baccalaureate level to speed up your master’s when the time comes. At that point, you may take any of the following:
- Asset Valuation, Risk, and Return
- Financial Accounting
- Global Strategic Management
- Introduction to Managerial Statistics
- Managerial Accounting
- Managerial Economics
- Managers and the Legal Environment
- Marketing Management
- Organizational Behavior
- Production & Operations Management
- Professional Communication
- Professional Writing
These courses will vary from one college to the next, but they do represent the overall requirements you will have to meet. Expect to extensively study marketing, finance, project management, and human resources. This should fall in line with your undergraduate studies, so you will fit right in. When you have completed all your credits, you can submit your thesis and hopefully earn your degree.
Is an MSM Right for You?
Some people question whether or not they should get a Master of Science in Management. Is that really any better than a bachelor’s degree or an associate’s? While this level of study does require more time, it can significantly improve your income from all angles. It will also allow you to work in better positions, and it will make your applications for employment all the more enticing. If you want the best job, income, and opportunities out there, you need to get a master’s. The tools here on this site will help you do just that!