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What is Business Management?
It should be easy for someone to see how each one of these businesses will need to be overseen and steered in a direction that ensures its success. While these industries are already making a tidy profit in the state, as you can see; but would that have happened without business managers?
This professional may be a marketing manager, finance manager, or a project manager. Whatever their role is, they are responsible for keeping their departments or entire organizations profitable.
They are often responsible for ensuring the organization is complying with all regulations and upholding internal company policies, as well. If the manager is responsible for finances, they may oversee tax activities to ensure taxes are filed on time. They may monitor revenue and accounts payable, making sure that the company pays its bills and takes in enough revenue to ensure profit year after year. A business manager may also intervene if issues develop within any area of the company’s operations, depending on the level at which they are employed.
To prepare for their professional roles, business administration students take business classes that prepare them for the specific role they want to work in. They may begin with an associate degree, then earn a bachelor’s degree in business management. Next, they may decide to return to graduate school, where they may earn master’s degrees or MBAs in business management. It all depends on where they want to end up, how high a level they want to be employed in, and how much time they are willing to devote to their education.
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Business Management Education in Delaware
In Delaware, the Top 10 industries bring billions of dollars into the state’s coffers. The largest business interests in the state include business, marketing, sales, finance, accounting. . . the list goes on. Business managers or students may see one thing they all have in common: each one needs managers.
From the industries earning the smallest amount of money to those that bring in the largest amount, they are all notably diverse.
- Transportation and Warehousing (#10, $1.2 billion)
- Wholesale Trade (#9, $2 billion)
- Arts, Entertainment, Recreation, accommodation and Food Service (#8, $2.1 billion)
- Retail Trade (#7, $2.8 billion)
- Construction (#6, $2.8 billion)
- Manufacturing (#5, $4.8 billion)
- Educational Services, Healthcare, Social Assistance (#4, $6 billion)
- Professional and Business Services (#3, $8.5 billion)
- Real Estate, Rental and Leasing (#2, 10.6 billion)
- Finance and Insurance (#1, $21.9 billion)
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The Bureau of Labor Statistics keeps track of the growth of thousands of industries and occupations. From chief executive to the business analyst, marketing manager, and human resources managers working in Delaware: the numbers draw a picture that shows business management positions benefit several different industries.
Delaware’s postsecondary institutions offer business management degree programs that business students make use of every year. Some of the best business management schools in Delaware reach out to high school seniors and working professionals to offer them quality education and make sure that their industries gain the top talent they need to stay on top. They know that the student who is looking for the right degree program for their future plans may eventually lead an organization which brings in millions of dollars.
Associate Degree in Business Management (AS)
An associate degree in business administration from a Delaware community college may help students who plan to work in business reach their goals. Colleges and universities in the United States often teach business administration and several concentrations to students in this type of degree program.
Students who graduate with an associate degree may find positions that lead to managerial roles. For instance, they may be employed as human resources specialists or retail managers. However, they may be required to earn a higher level of education or a great deal of experience before they are considered for these roles.
If a Delaware community college has a transfer agreement with four-year universities in the state, students may be able to transfer and continue their studies in a college of business. Here, they may earn their business administration and management undergraduate degrees.
Bachelor's Degree in Business Management (BS)
In a bachelor’s degree program in business management, students with career goals that include managing a department or company learn basic business concepts that they may begin to apply in their internships or jobs.
Students may be wise to choose a business management degree in Delaware if they know they want to work in the state. Local schools may have placement programs that work with local businesses to find students their first job. If nothing else, the school you attend will have local name recognition and you’re likely to form relationships with future business colleagues in your classes.
At the undergraduate level, business students are exposed to a broad foundation in their courses. As they get closer to graduation or a master’s degree program in business management, their courses will begin to narrow their focus. Business schools in Delaware and across the country offer a broader focus for their associate-level and other undergraduate-level classes, then tighten their focus for graduate and PhD students. For instance, a business leadership track may offer courses with a strong leadership focus. Students who plan to work in human resources take classes offering a wide foundation of HR including selection, training, and recruitment.
While they are in their undergraduate degree programs, students may choose to focus on business analytics, supply chain management, or business management and leadership, among many other options.
Master's Degree in Business Management (MS or MC)
Earning a Master of Science in Management may be one of the more important decisions that graduate students make on their path to finding a rewarding position in a business administration field. Here, students focus on strategic thinking and communication skills that allow them to get their messages across.
With this business degree, graduates should be ready to lead and manage teams wherever they end up. Graduate students who enroll into an MBA program that offers concentrations in management also have the opportunity to choose the specific field they are interested in. These could include sport management, healthcare management, hospitality business management, and many more. Choosing to add a concentration or specialization to their degree does mean they obligate themselves to take at least three additional courses in that field.
PhD Degree in Business Management (PhD)
Advanced students who plan to earn a Doctor of Business Administration (DBA) are likely more than ready to advance their business careers. In this program, students learn more about pushing the boundaries of business and may focus on research or professional practice. They are able to work using evidence-based management, which, in time, means they may contribute to the growth and advancement of business management and its practices.
An effective DBA program may be aimed at consultants, educators, managers, leaders, and others. Students and developing leaders should find their skills and competencies being refined. Graduates should feel confident that they will be able to lead their organizations in becoming more competitive.
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Become a Business Manager in Alabama
As with all other states, there are no specific requirements from the state to get into a business position. There is no licensure and you won’t need to register anything with the state unless you choose to open your own business. However, there is a chance that earning a professional licensure could help you to gain a position more quickly, and some businesses may require certain certifications for certain positions.
Earning professional certifications allows business professionals and managers to enhance their business knowledge. Depending on the type of certification a business manager chooses to earn, they may find themselves the envy of their peers or more able to break into a new field that they have been working toward. It’s important to choose the certificate program that best suits your goals.
- Project Management Professional (PMP)
The PMP is one of the world’s best-known certification programs. The material for this certification has been kept current by management experts and professionals - adding agile, predictive, and hybrid approaches for business professionals to learn. The certification course may be taken while the manager is at work or at home.
PMP demonstrates that managers who earn this certification are highly skilled in the business environment, working with people and using soft skills to lead projects effectively. Managers learn about the technical areas of managing projects well.
- Certified ScrumMaster (CSM)
This certification is tailored to Information Technology (IT) managers. It teaches managers to encourage teamwork and understand the methodology behind Scrum. A CSM may also be able to adapt their team to conditions that change frequently. Other fields where a CSM may be welcome include engineering and other fields that evolve quickly.
- AIPMM Certified Brand Manager
The Association of International Product Marketing and Management (AIPMM) offers this certification. Professionals learn how to optimize the management of the customer relationship. It also teaches maximizing brand equity. Managers who hold this certification may be seen as highly qualified in an interview for a new position in marketing or brand management.
- Certified Project Director (CPD)
This well-known certification allows professionals to distinguish themselves from their fellow project managers. The certification program is intended for senior managers and executives. Once they earn their certification, they will have new management skills and techniques. They will also be able to control personnel, projects, costs, and budget more efficiently and effectively.
Careers for Business Management Graduates
- Sales Manager
This management professional leads their team of sales specialists. To accomplish this, they guide each team member and offer mentorship and training. They also establish sales goals and quotas.
Sales managers often analyze their sales data and create new sales plans. They also assign sales territories to sales specialists and build their team up to include the best possible salesman they can find.
- Operations Manager
In this role, the operations manager is only one member of the management team. They may oversee the higher-level human resources duties, which include setting training standards and attracting talent. They may also establish hiring procedures. Operations managers often analyze organizational processes, then make needed improvements and they could be called the Chief Operating Officer (COO) in some businesses. However, most businesses include this title below the director of operations.
- Director of Operations
This management professional oversees the operations of the organization. They hold a leading role as they create and manage the organization’s customer retention initiatives and other important projects. This manager also works with an involved senior management team. They study data and metrics regarding staff performance, encourage employees to increase their performance, and make sure the organization has a strong talent pipeline.
- Accounting Supervisor
This manager makes sure that every accounting and financial operation within the department or company is running smoothly. They may supervise junior accounting staff, reconcile general ledger accounts, and review company financial statements in order to verify their accuracy.
They may also recruit and train new accounting staff members and help with preparing payroll records.
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- Management Information System Specialist
This professional focuses their work on information technology. They support and maintain company computer systems and databases, specifically the data and reports used by management.
They should have a bachelor’s degree in management information systems (MIS), computer science, information technology, or a related field or their employer may hire them based on prior experience with specific systems and business applications.
- Project Manager
This manager plans out, creates a budget, then monitors and reports on specific projects assigned to them. To accomplish this, they use project management tools and techniques for managing large groups of people and equipment.
They may also be responsible for pitching project ideas to the company’s executives; or they may be assigned to the project without prior knowledge. This individual acts as the bridge between upper management, stakeholders, and the teams who are responsible for completing the project.
- HR Manager
The Human Resources manager usually supervises the company’s hiring processes, beginning with recruitment and interviewing to hiring new staff. They may introduce executives to employees, help build an employer brand which attracts new talent, build talent resource plans, and improve on employee engagement. They may also help with performance reviews and wage reviews, and disciplinary actions may be part of their responsibilities.
- Marketing Manager
A marketing manager is in the business of promoting services, businesses, products, or brands. They create new marketing and pricing strategies, generate new business leads, and supervise marketing department staff. The marketing manager controls budgets and studies trends. Their goal is to increase brand awareness and organization profitability.