What is Business Management?
There are many business management colleges and degree programs in Tennessee. Students can choose from a variety of schools, including community colleges, technical schools, and four-year universities that offer business-related degrees in Tennessee.
Community colleges mostly offer two-year associate degree programs in business management or administration. These programs typically include coursework in accounting, finance, marketing, and management. Students who complete an associate degree program may be able to transfer credits to a four-year university to complete a bachelor's degree in business administration or a related field.
Technical schools in Tennessee offer diploma and certificate programs in business management. These programs typically last one year or less and provide students with the skills they need to begin working in the field of business management or administration. Diploma and certificate programs often include coursework in accounting, customer service, human resources, office procedures, and project management.
Most business management degree programs help students to complete an internship or practicum experience as part of their program of study. Internships provide students with the opportunity to apply what they have learned in the classroom to a real-world work setting. Many internships also lead to full-time job offers after graduation.
Online Business Management Education in Tennessee
Business management is the art of managing a business' resources. It involves planning, organizing, and controlling those resources at every level. Business managers can be found in basically every industry including technology, construction, and service industries. Many professionals have been practicing management for years, focusing on business strategy, human resources, or marketing. In addition to helping businesses run more smoothly, these professionals can also help companies manage their finances and avoid bankruptcy.
Many business management professionals seek certifications to advance their careers. The CBM (certified business manager) designation, which can be obtained from institutions that specialize in operational management, is a common choice. This certification signals specialized knowledge and authoritative credentials. Additionally, many MBA programs now include professional certifications in their curricula. These certifications can also help established business management professionals advance their careers. Several graduate and undergraduate certificate programs are offered for those without business degrees.
Business managers may also be responsible for hiring new employees and cutting costs. Furthermore, these professionals also monitor the company's financial status, including establishing and revising long-term and short-term financial goals. They help to develop and implement teams to improve business processes.
Online Associate Degree in Business Management (AS)
An associate degree in business management can lead to a variety of career opportunities, including those in marketing, sales, and other departments. The program helps graduates expand their competencies through the study of various topics related to business including legal issues, leadership, and strategy. These programs may allow students to choose a specific focus within the field, such as marketing or human resources. Students can choose from a variety of courses to complete the program, including entire programs that can be attended online. A degree at this level can help students prepare for jobs in a variety of industries and settings, though it may take more time for them to make their way into management with an associate degree rather than a bachelor’s.
Online associate degree programs in business management can help students make their way into the field by focusing on the fundamentals. A typical core curriculum includes courses in accounting, finance, marketing, human resources, and business law. Other courses in the program might include those in business technology and international business or E-commerce. Some programs also offer concentration tracks in other areas of business administration. For example, students can choose to specialize in international business or human resource management. There are also online associate degrees in business management that focus on accounting and finance.
Online Bachelors Degree in Business Management (BS or BBM)
A bachelor's degree in business management prepares you for a wide range of careers. Graduates of business management programs can expect to earn higher salaries than other undergraduates in their fields. In addition, graduates of business management programs are well-prepared for a variety of roles, from those in sales and marketing to those in finance and human resources.
Bachelor's degree programs in business management teach students how to manage businesses and develop the necessary skills to become an effective leader and critical thinker. The program emphasizes practical aspects of change and business operations, while introducing management concepts and theories. Graduates of these programs are prepared for entry-level management roles in a number of industries such as corporate businesses, governments, hospitals, and marketing agencies. They can also pursue further studies to earn their MBA.
Online Masters Degree in Business Management (MS or MBA)
A master's degree in business management can be a great asset for those looking to advance their careers in the business world. With a broad range of coursework, students can develop the skills and knowledge needed to truly succeed in management positions.
Most business management programs include classes on topics like accounting, finance, marketing, and human resources. This broad range of coursework gives students the ability to develop a well-rounded skill set that is essential for success in management roles. In addition to core coursework, many programs also offer electives that allow students to specialize their studies.
With a master's degree in business management, graduates can pursue careers in a variety of industries including healthcare, retail, manufacturing, and more. Many graduates go on to work in upper-level management positions or start their own businesses.
Online PhD Degree in Business Management (PhD)
A PhD in Business Management is the highest academic degree one can earn in the field of business management. It’s also the most research-intensive and, therefore, the most time-consuming degree to complete. The average time to complete a PhD in business management is between four and six years.
The coursework for a PhD in business management is designed to prepare students for careers in academia or research. Students take classes in advanced business topics such as strategic management, organizational behavior, and international business. They also complete a dissertation, which is an original research project on a topic of their choice meant to create new knowledge in the field, or a new perspective on existing knowledge and research.
Earning a PhD in business management can provide students with the skills and knowledge they need to pursue careers as professors or researchers at universities or give them a leg up if they wish to create a consultancy business of their own.
Online Business Management Certifications
There are many business management certifications available to those who wish to pursue or advance their career in business management. Many of these certifications can be obtained through online courses or even traditional college programs.
The most popular business management certification is the Certified Public Manager (CPM) designation. This certification is offered by the National Association of Schools of Public Affairs and Administration (NASPAA). The CPM designation is recognized by government agencies and private organizations across the United States.
Another popular business management certification is the Certified Manager (CM) designation offered by the Institute of Management Accountants (IMA). The CM designation is globally recognized and can be obtained through online or classroom-based coursework.
These are just two of the many business management certifications available to individuals interested in pursuing a career in this field.
Become a Business Management Professional in Tennessee
In order to become a business management professional in the state of Tennessee, there are certain steps that you might want to follow.
Step 1: Get a degree in business management from an accredited college or university
A degree in business management from an accredited college or university can provide you with the skills and knowledge necessary to be a successful manager in today's business world. With a degree in business management, you will learn how to effectively manage people, finances, and resources. You will also gain an understanding of how businesses operate and how to create and maintain a successful business. In addition, a degree in business management can open up many career opportunities for you.
Step 2: Gain experience in the field
The best way to gain experience in the field of marketing is to complete an internship. Internships provide students with the opportunity to work in a professional setting and apply the skills they have learned in their coursework. Many internships are unpaid, but they offer valuable experience that can lead to a full-time job after graduation.
Step 3: Get certified as a business manager through professional organizations
There are many professional organizations that offer certification for business managers. This can be a great way to show potential employers that you have the skills and knowledge necessary for the job. It can also help you stand out from other candidates who may not have such credentials.
Step 4: Keep up with current trends and developments in the field of business management
As a business manager, it’s important to keep up with current trends and developments in the field. This can be done by reading industry-related publications, attending conferences and seminars, and networking with other professionals. By staying current, you will be able to make informed decisions about the direction of your business. You will also be better equipped to deal with challenges that arise. Additionally, keeping up with trends can help you identify new opportunities for growth.
What Can I Do with a Bachelor's in Business Management?
A bachelor's degree in business management can lead to a wide range of job opportunities. Many businesses require managers to have at least a bachelor's degree and the skills learned in a business management program can be helpful in a huge variety of industries.
Some specific job titles that may be available to those with a bachelor's degree in business management include human resources manager, marketing manager, sales manager, event planner, and product manager.
While a bachelor's degree in business management is not required for every position within the field of business, it can give you an edge over other candidates who don't have the same level of education. And a bachelor’s gives you access to master’s programs later in your career if you find that your resume needs a boost. If you're interested in pursuing a career in business, a bachelor's degree in business management is a great place to start.
Potential Careers for Business Management Graduates
- Financial Analyst:
A financial analyst is responsible for analyzing an organization's financial position and providing recommendations to improve its financial health. This may include preparing financial reports, analyzing trends, and developing forecasting models. They also assist with the formulation of financial policies and the implementation of financial systems.
- Bachelor's degree in finance or accounting
- Strong analytical and problem-solving skills
- Ability to communicate effectively with all levels of management
- The median annual wage for financial analysts in the US in 2021 was $81,410
- The mean annual wage for financial and investment analysts in Tennessee is $87,680
- Operations Manager:
An operations manager is responsible for the overall performance of the company's operations. They plan, direct, and coordinate all company activities. They develop and implement policies and procedures to ensure efficient and effective operations and also monitor compliance with regulations and laws.
- Bachelor's degree in business administration or a related field
- 5+ years of experience in an operations management role
- Demonstrated ability to lead and motivate teams
- Excellent communication, organizational, and problem-solving skills
- The median annual wage for general and operations managers in the US in 2021 was $97,970
- The mean annual wage for general and operations managers in Tennessee is $120,020
- Benefits Specialist:
A benefits specialist is responsible for managing all aspects of employee benefits including health insurance, leave of absence, and retirement plans. They work closely with human resources to ensure that all benefits are administered correctly and in a timely manner. They also work with employees to answer any questions they may have about their benefits.
- Bachelor’s degree in human resources, business administration, or a related field
- At least 5 years of experience working in human resources or benefits administration
- Strong knowledge of state and federal laws pertaining to employee benefits
- Excellent communication and interpersonal skills
- The median annual wage for compensation, benefits, and job analysis specialists in the US in 2021 was $64,120
- The mean annual wage for compensation, benefits, and job analysis specialists in Tennessee is $60,040
- Accounting Supervisor:
An accounting supervisor is responsible for the accuracy and completeness of the accounting records. They will oversee the work of the accounting staff and maintain the financial statements. The accounting supervisor will also be responsible for preparing tax returns and ensuring compliance with regulatory requirements.
- Bachelor’s degree in accounting or related field
- 5+ years of experience in accounting
- Supervisory experience
- Proficient in accounting software
- The median annual wage for accountants and auditors in the US in 2021 was $77,250
- The mean annual wage for accountants and auditors in Tennessee is $69,480
- Management Information System Specialist:
An management information system specialist will be responsible for developing and maintaining the company's management information system. They will work closely with the management team to ensure that the system meets the needs of the company. They will also be responsible for training staff on how to use the system.
- Develop and maintain the management information system
- Work closely with the management team to ensure that the system meets the needs of the company
- Train staff on how to use the system
- The median annual wage for computer and information systems managers in the US in 2021 was $159,010
- The mean annual wage for computer and information systems managers in Tennessee is $131,110
- HR Manager:
An HR manager is responsible for the overall management of the human resources function in an organization. This includes managing the recruitment, selection, training, and development of employees. They also oversee the performance management and employee relations programs.
- A bachelor's degree in human resources or a related field
- 5+ years of experience in human resources management
- Excellent communication and interpersonal skills
- The median annual wage for human resources managers in the US in 2021 was $126,230
- The mean annual wage for human resources managers in Tennessee is $102,330
- Non-Profit Manager:
A non-profit manager will be responsible for managing and overseeing the operations of a non-profit organization. They will be in charge of developing and implementing strategies, programs, and initiatives to help the organization achieve its goals and objectives. A non-profit manager will also be responsible for fundraising, financial management, and marketing.
- Bachelor's degree in business administration, nonprofit management, or a related field
- 3-5 years of experience in nonprofit management or a related field
- Excellent communication, organizational, and leadership skills
- The median annual wage for public relations and fundraising managers in the US in 2021 was $119,860 and general and operations managers earned $97,970
- The mean annual wage for public relations managers in Tennessee is $104,930 and fundraising managers earn $$88,760. General and operations managers in the state earn $120,020
- Marketing Manager:
A marketing manager will be responsible for developing and executing marketing plans and campaigns to promote a company and its products or services. They will also be responsible for managing budgets, researching and analyzing market trends, and overseeing the production of marketing materials. In addition, they may be expected to monitor and report on the effectiveness of marketing initiatives.
- Bachelor's degree in marketing, business, or related field
- 3-5 years of experience in marketing or related field
- Strong communication and project management skills
- Ability to work independently and meet deadlines
- The median annual wage for marketing managers in the US in 2021 was $135,030
- The mean annual wage for marketing managers in Tennessee is $118,300
- Sales Manager:
A sales manager is responsible for leading and managing the sales team in order to achieve the company's sales targets. This includes developing and implementing sales strategies, managing customer relationships, and overseeing the sales process from beginning to end. They must have excellent leadership and communication skills, as well as a deep understanding of the sales process and must be able to motivate and manage a team of sales professionals.
- Excellent leadership and communication skills
- Deep understanding of the sales process
- Ability to motivate and manage a team of sales professionals
- The median annual wage for sales managers in the US in 2021 was $127,490
- The mean annual wage for sales managers in Tennessee is $127,190