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ELLER SPOTLIGHT
Eller College of Management Hosts 2023 Arizona Board of Regents’ Cup
On Saturday, February 25, the Eller College of Management at the University of Arizona hosted the 2023 Arizona Board of Regents’ Cup—a tri-university competition that features student teams from The University of Arizona, Arizona State University and Northern Arizona University.
FACULTY SPOTLIGHT
Yong Liu Selected as Recipient of 2022-23 Eugene C. Sander Faculty Fundraising Award
Yong Liu, Robert A. Eckert Endowed Chair in Marketing and marketing department head has been selected as a 2022-2023 recipient of the University of Arizona Foundation’s Eugene C. Sander Faculty Fundraising Award.
STUDENT SPOTLIGHT
How One Flight Can Change a Lifetime: Sesimphiwe Mbatha ’23 BSBA (Finance and Entrepreneurship)
On August 2019, Sesimphiwe (Sesi) Mbatha ’23 BSBA (Finance and Entrepreneurship) embarked on a journey that would change her whole educational career when she boarded her first international flight to the U.S.
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Ackerley Featured in WalletHub
2023 Innovation Expo
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2023 High School Ethics Forum
Ibe special event: catherine eckel (tamu) and martin dufwenberg (ua), harvey hinkle lecture in banking and finance: rene stulz, the ohio state university.
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What You Can Do With a Business Management Degree
Business management degrees can lead to many types of jobs, including high-paying consulting roles.
What to Do With a Management Degree
Business management focuses on the art and science of running complex organizations and supervising others. (Getty Images)
Someone who is determined to cultivate their leadership skills and who dreams of becoming a business executive should consider obtaining a degree in business management. There are undergraduate and graduate business schools, and many offer majors, specializations or concentrations in management while others simply provide a general management education.
Is an MBA Worth It? How to Decide
Ilana Kowarski May 17, 2019
Business management focuses on the art and science of running complex organizations and supervising others. Excellent business managers are versatile individuals with a wide range of skills, including the creativity necessary to dream up outstanding business ideas and the intuition required to foresee and prevent potential disasters for their companies. They need to be precise thinkers and communicators, and they must be able to lay out clear plans for their subordinates.
These individuals should also be strategic to avoid setting unrealistic goals and meticulous to avoid missing key details and making catastrophic decisions. The most effective business managers tend to be highly charismatic people who have a knack for inspiring others and generating goodwill.
Howard Yu, the LEGO Professor of Management and Innovation at IMD Business School in Switzerland, says the mission of a management program is to show students how to make smart decisions and to give them a "holistic point of view" that enables them to appreciate the multifaceted nature of a business enterprise.
"You basically need to integrate all these disciplines to make wise choices as you lead a company," he says.
Patrick Mulvihill, the chair of the management department at the Point Park University Rowland School of Business in Pennsylvania, says business management degree-holders have "the agility to enter a wide range of industries."
"To highlight a few, graduates assume roles within the financial, marketing, supply chain, hospitality, tech, transportation, and energy fields," Mulvihill wrote in an email. "We also find that many even pursue entrepreneurial options and create their own business or work for start-ups."
A Wide Array of Job Options for Business Managers
Management faculty at business schools say that a management degree is applicable in every sector of the economy, since neither a for-profit company nor a nonprofit organization can survive long without competent management. They acknowledge that careers within technical business disciplines such as accounting and finance tend to offer better starting salaries to entry-level workers than general management careers do. However, they note that the breadth of skills cultivated via a business management degree tends to be highly beneficial in the long run, since it prepares someone to work within multiple divisions of a company and to collaborate with a variety of coworkers.
Furthermore, in contrast to entrepreneurship programs that focus on how to start companies and expand start-ups, management programs tend to have a broader scope, business school faculty say. Management students typically learn how to lead organizations at various stages of their development, including both embryonic businesses and well-established corporations. Hiring managers sometimes worry that somebody with an entrepreneurship degree is unlikely to stay as a long-term employee, but don't typically have this concern with someone who has a management credential, according to B-school faculty.
Individuals with economics degrees often have job prospects similar to those of people with management degrees, faculty say, noting that knowledge of how the economy works is useful in all industries. They advise prospective management students to consider taking courses in economics.
The versatility and portability of a management degree is a major selling point for the degree, according to recipients and recruiters.
"Learning general business acumen can open a lot of doors in a lot of different fields," Sam Olmsted, who majored in both management and finance at Tulane University in Louisiana, wrote in an email.
"I went into search engine optimization and content marketing, but other graduates might just as easily go into finance, accounting, sales, government, entrepreneurship, and project management," adds Olmsted, who works as director of search and content at Online Optimism, a digital marketing agency in New Orleans.
Experts say that a business management degree is a marketable credential for each of the following positions:
- Accountant.
- Business analyst.
- Compensation specialist.
- Financial analyst.
- Financial director.
- Human resources manager.
- Investment banker.
- Management consultant.
- Marketing analyst.
- Marketing director.
- Nonprofit manager.
- Private equity analyst or associate.
- Project manager.
- Sales representative.
- Talent acquisition specialist.
- Venture capital analyst or associate.
- Vice president of finance.
- Vice president of marketing.
Harry Kaiser, associate dean for academic affairs at Cornell University 's Charles Dyson School of Applied Economics and Management in New York, suggests that job options for business management degree recipients is so varied that the "sky is the limit." Kaiser notes that alumni of Cornell's undergraduate business program often wind up with prestigious jobs in New York City and sometimes work for renowned companies like Goldman Sachs and Ernst & Young.
The Bureau of Labor Statistics predicts that employment within management occupations will be 5% higher in 2029 than in 2019, which is faster than the 4% anticipated average job growth rate among all occupations during that time frame.
"Employment growth is expected to be driven by the formation of new organizations and expansion of existing ones, which should require more workers to manage these operations," the bureau states on its website. "The median annual wage for management occupations was $105,660 in May 2019, which was the highest wage of all the major occupational groups."
Bryce Bowman, who earned his MBA degree from the Carlson School of Management at University of Minnesota—Twin Cities, noted in an email that an advantage of a business management degree is that it doesn't buttonhole someone into a particular niche within the business world.
"Further, the collaborative nature of work today requires employees to work well with peers in other functional areas," wrote Bowman, founder of the People First Planning financial consulting firm in Minneapolis.
Bowman explained during a phone interview that business management programs tend to be "more general" than programs in particular business disciplines and that they often include a wide array of business courses, including classes in marketing and human resources .
Jeff Hyman, the CEO of Recruit Rockstars – a Chicago-based executive recruiting company – teaches a course on recruiting at the Northwestern University Kellogg School of Management in Illinois. Although he has undergraduate and graduate degrees in business, he acknowledges that it is possible to excel in a business leadership role without a business management degree.
However, Hyman says that an upside of obtaining a business management degree is that it provides the business savvy necessary to quickly perform well at a new job.
"One of the key things that an employer is looking for is how long it takes for you to add value and contribute and, frankly, cover your cost," he says.
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File a Degree Plan in Business
Students may use the form at the bottom of this page to declare or change a major in Business. This form is not to be used if you are trying to declare Pre-business. Please go to this site in order to declare Pre-business.
We are happy that you are progressing towards a degree in Business! Keep in mind that current Pre-business students must meet minimum requirements. Please see the checklist before filling out the application form to make sure you qualify. If all looks good, please fill out the form. You will be notified by email.
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Degree Plan Filing Requirements
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- Complete or be enrolled in BUSI 3302 (prerequisite: ENGL 1301)
Explanation of Catalog Year Degree Plans
The catalog year for your degree plan is the catalog year when you started at UH, or based on the transfer coursework you have taken and when you started at a Texas public two- or four-year institution with continuous enrollment. If there are changes to requirements for the B.B.A. (the program) and/or your major (the plan), your requirements will default to the B.B.A. program and major plan requirements in effect for the semester/year that you declare a specific major plan in business or add a second major plan. If that change impacts B.B.A. program requirements by adding hours to the degree to the program at the time you started and you meet the guidelines below, consult your major-specific Advisor to petition for approval for waivers with substitution of the following: Calculus for an Advanced Elective (Fall 2018 and Fall 2019 plans) and COMM 1FOS for MARK 3337 (Fall 2018 plan); however, note that MARK 3337 is required of Marketing majors regardless of plan. For questions about which catalog year for your degree plan you should follow, consult with your Academic Advisor.
If you meet these requirements, you are ready to submit! If you reach an error when submitting your application or have any questions, please contact your advisor .
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COMMENTS
As a Business Management major, you’ll master the art and science of working with people and leading in a business world that hinges on strategy and decision-making. And you’ll emerge ready to take the reins on your own managerial career in any organization, large or small.
University of Arizona Eller College of Management Named Among U.S. News & World Report Rankings. The University of Arizona Eller College of Management is pleased to be listed among the top 15 in six categories of the latest U.S. News & World Report Best Online Business School rankings. Read the Story ».
The Business Management major at the University of Arizona is designed for students seeking managerial positions in large or small organizations. Students learn how to work with people in the areas of hiring, training and coordinating. They also develop the foundation for becoming a manager of a business or organizational unit.
Business management degrees can lead to many types of jobs, including high-paying consulting roles. Business management focuses on the art and science of running complex organizations and ...
There are several business degree specializations you can choose to study including: Accounting Entrepreneurship Finance Human Resources Health Care Administration/Management International Business Marketing Public Administration Related: 25 Business Degrees To Consider Pursuing Benefits of getting a business degree
File a Degree Plan in Business You must be a PREBUSINESS major You must have a minimum 2.5 UH GPA Complete the Business Administration and Management Field of Study requirements (through Summer 2023 a grade of “C” or higher is required in each of the following): BUSI 1301 BCIS 1305 MATH 1324 ACCT 2301 ACCT 2302 ECON 2301 ECON 2302 BUSI 2305