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What is Business Management ?
There are plenty of colleges in Vermont that offer business management programs. Whether you want to pursue a degree in business management or take some classes to supplement your current job, you'll be able to find a program that's right for you.
A business management professional is someone who is responsible for the overall operation of a company or organization. This includes everything from financial planning and human resources to marketing and sales. A business management professional typically has a four-year degree in business administration or a related field.
The job duties of a business management professional can vary depending on the size of the company or organization they work for. However, some common duties include developing strategies to improve productivity, overseeing daily operations, and ensuring that all financial goals are met. Business management professionals may also often have to deal with customer service and employee relations issues.
With the ever-changing landscape of business, it’s important for management professionals to be able to adapt to new situations quickly and efficiently. They must also be able to think critically and make decisions that will benefit their company in the long run.
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Online Business Management Education in Vermont
Choosing a college is an important decision. There are many factors to consider when making your choice. One important factor is the type of business management online colleges and degree programs that are available. There are many different types of business management colleges and degree programs. Some colleges offer general business management degrees, while others offer specialized programs, such as marketing or human resources management. You should choose a college that offers the type of online program that you are interested in.
Another important factor to consider is the accreditation of the college. Make sure that the college you choose is accredited by a reputable accrediting agency. This will ensure that your degree will be respected by employers and other schools.
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Finally, you should, of course, consider the cost of attendance and financial aid options when choosing a college. Make sure you can afford the tuition and other costs associated with attending the school. For more information, see online business management programs.
Online Associate Degree in Business Management (AS)
An online associate degree in business management can lead to many different career opportunities within a variety of industries including healthcare, retail, and more. There are many benefits to pursuing an associate degree in business management. For one, you’ll develop strong critical thinking and problem-solving skills. You’ll also gain a foundation in key business concepts such as accounting, marketing, and human resources. An associate degree in business management can be a great stepping stone to a successful career.
However, there are downsides as well. For one, business can be a competitive field, and prospective employers are likely to hire the best educated candidate if you are in a competitive area or industry. Though this online degree will only take you two years to complete, allowing you to get into a job and start gaining experience right away, it may take an extraordinary amount of experience to overcome the lack of a bachelor’s degree. That might mean that it’s worth it to earn a bachelor’s degree to start with, or it might be worth it to gain a part-time job and earn your degree while you work. After all, if you attend a school with a transfer agreement with a four-year institution, then it may only take you a couple years of work to finish your bachelor’s and become the competitive employee you want to be.
Online Bachelors Degree in Business Management (BS)
An online bachelor's degree in business management is a four-year degree that prepares students for a career in business and is the most commonly earned degree in the field and may possibly be the most commonly earned degree altogether. This degree provides students with the skills and knowledge necessary to work in and manage a business including knowledge in accounting, finance, marketing, and human resources. The online degree also provides students with the opportunity to specialize in a particular area of business management, such as international business or project management.
A BS degree in business management is an excellent choice for students who want to enter the workforce immediately after graduation. The degree provides students with the skills and knowledge necessary to be successful in a variety of industries or businesses. Online students who pursue a bachelors in business management will find that they have many job options available to them upon graduation.
Online Masters Degree in Business Management (MS)
A master's degree in business management, or an online MBA, is a popular choice for students interested in pursuing advancement within their business career. There are many reasons why this degree is so popular, but the most common reason is that it provides students with the skills and knowledge necessary to be successful in a variety of businesses and may even allow them to move into top roles in the field, such as those in the C-suites.
There are many different types of businesses, and each one requires its own unique set of skills and knowledge. A Master of Science in Business Management or business administration lets students learn about all different types of businesses and how to manage them effectively. This type of degree also provides students with the opportunity to specialize in a certain area of business if they haven’t already, such as marketing or finance.
While a master's in business management is not required for every position in every business, it is often preferred or required for positions that involve a lot of responsibility or decision-making, including those of CEO or COO.
Online PhD Degree in Business Management (PhD)
A PhD in business management is the highest academic degree one can earn in this field, though it is not often required for roles in businesses. Instead, these programs often prepare students for careers as professors or researchers at business schools, or for roles as consultants or in high-level executive positions in businesses. Students in a PhD program take advanced coursework in business management and conduct original research that contributes to the body of knowledge in this field.
Most PhD programs in business management require students to complete a dissertation, which is a major research project that makes an original contribution to the field. Students typically spend several years working on their dissertation, during which time they receive close guidance from a faculty advisor. Upon completion of the dissertation, students must successfully defend their work before a panel of experts in order to earn their degree.
Earning a PhD in business management requires dedication and hard work, including up to four or five years, but it can be extremely rewarding.
Online Business Management Certifications
Many business management programs offer access to courses that can help students earn a variety of certifications. These courses allow you to develop the skills and knowledge needed to earn certifications which can help you succeed in a management position. Certifications are often offered by professional associations or even vendors of particular software programs, which offer certification as a way to prove to prospective employers that you are well-versed in the software they use.
There are many different business management certifications available. Some of the most popular include Certified Management Accountant (CMA), Certified Public Accountant (CPA), and Certified in Financial Planning (CFP). Each of these certifications has different requirements and is aimed at helping you to succeed in a different field, but all require passing an exam.
If you're interested in pursuing a business management certification, it's important to research the different options to find the one that best fits your career goals. Once you've chosen a certification, you'll need to complete the required coursework and pass the exam. Although it takes some time and effort to earn a certification, it can give you the edge you need to succeed in your career.
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Become a Business Management Professional in Vermont
Vermont is a great state to start a business. The state has a rich history of entrepreneurship and a supportive environment for small businesses. There are many resources available to help you get your business off the ground, and the state offers a variety of tax incentives for businesses. This creates plenty of opportunity for business managers. If you're interested in becoming a business management professional in Vermont, there are a few things you might want to do.
Step 1: Get a degree in business management or a related field:
A bachelor's degree is often the minimum requirement for supervisory roles, but many employers prefer candidates with a master's degree in business administration (MBA) for higher level roles. However, earning an associate degree first may allow you to start gaining experience right away, which is also an important thing in business. And it can save you money in the long run, since completing the first two years of you bachelor’s at a community college will inevitably be less expensive than if you attend a four-year institution all four years.
Step 2: Develop your skills
In addition to academic knowledge, you'll need strong interpersonal, communication, and analytical skills. While you can learn some of these in school, you’ll likely have more chance to hone these skills in a work environment.
Step 3: Gain work experience
Many business management programs include an internship component, which can give you valuable real-world experience. Alternatively, you can look for entry-level jobs in businesses before or after graduation.
Step 4: Consider certification
Some businesses require employees to have certain certifications, such as Project Management Professional (PMP) certification or Certified Public Accountant (CPA) certification. No matter what department you choose to focus your business career on, you should be able to find a pertinent certification that can boost your resume and prepare you for success.
What Can I Do with a Bachelor's in Business Management?
A bachelor's in business management can lead to a number of different career paths. Indeed, this is one of the most versatile degrees you can earn. Some students use their degree to start their own businesses, while others go into management positions in large corporations. There are also a number of different fields that students can specialize in such as human resources, marketing, finance, and more. Students who want to start their own businesses often use their business management degree to get the necessary skills and knowledge. They learn about how to start and run a business, as well as how to manage employees and finances. This can be a great way to get started in entrepreneurship, and many students find that they enjoy the challenge of running their own business. Those who go into management positions in large corporations often find that their business management degree gives them the perfect skill set for the job. They learn about leadership, communication, and managing people and resources.
Potential Careers for Business Management Graduates
- Account Manager:
An account manager is responsible for the overall management and growth of assigned accounts. This may mean that they ensure the client has no problems with service or it may mean that they discuss the renewal of these accounts every year, with discussions including shrinking or growing the size of the account, discounts for being a long-term customer or due to mistakes made with the account in the previous year, and more.
- Bachelor’s degree in business or related field
- 3-5 years of account management experience
- Strong communication, presentation, and negotiation skills
- The median annual wage for sales managers in the US in 2021 was $127,490
- The mean annual wage for sales managers in Vermont is $115,000
- Accounting Supervisor:
An accounting supervisor will be responsible for managing the day-to-day operations of the accounting department and supervising the accounting staff. This includes preparing financial statements, managing the general ledger, and overseeing accounts payable and receivable. They will also be responsible for ensuring that the accounting department is in compliance with all applicable laws and regulations.
- Bachelor's degree in accounting or related field
- 5+ years of experience in accounting or related field
- CPA or CMA preferred
- Strong supervisory and leadership skills
- The median annual wage for accountants and auditors in the US in 2021 was $77,250 and financial managers earned $131,710
- The mean annual wage for accountants and auditors in Vermont is $74,450 and financial managers earn $120,280
- Project Manager:
A project manager will be responsible for managing the overall execution of the project, ensuring that the project is completed on time, within budget, and to the required specifications. They will also be responsible for ensuring that all project documentation is properly completed and filed.
- Proven experience as a Project Manager
- Experience in using project management software
- Strong organizational and time management skills
- Excellent communication and interpersonal skills
- Able to work independently and as part of a team
- The mean annual wage for project management specialists in the US in 2021 was $98,420
- The mean annual wage for project management specialists in Vermont is $80,550
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- Non-Profit Manager:
A non-profit manager is responsible for the day-to-day operations of a non-profit organization. They work closely with the Board of Directors to ensure that the organization is meeting its goals and objectives and are responsible for developing and implementing programs, fundraising, and managing staff. They also work to build relationships with donors and other stakeholders.
- A bachelor’s degree in business administration, nonprofit management, or a related field
- 5+ years of experience working in a non-profit organization, preferably in a managerial role
- The median annual wage for public relations and fundraising managers in the US in 2021 was $119,860
- The mean annual wage for public relations managers in Vermont is $81,000 and fundraising managers earn $99,990
- Administrative Assistant/Executive Assistant:
An administrative assistant or executive assistant will provide support to the executive team and perform a variety of administrative tasks. These tasks may be as simple as writing out a dictated letter or email or ensuring that conference rooms are available on a schedule, or they may make more complicated decisions such as travel plans or even take care of personal errands for busy professionals.
- Proven administrative or executive assistant experience
- Strong written and verbal communication skills
- Excellent organizational skills and attention to detail
- Ability to multitask and prioritize tasks
- Strong customer service orientation
- Proficient in Microsoft Office Suite
- The median annual wage for secretaries and administrative assistants in the US in 2021 was $39,680 and executive assistants earned $62,060
- The mean annual wage for secretaries and administrative assistants in Vermont is $42,830 and executive assistants earn $61,960
- Financial Analyst:
A financial analyst is responsible for providing financial analysis and support to the organization. They will develop financial models, conduct financial analysis, and provide recommendations to management. They may help management decide on a budget for a project, where to invest a windfall, and more.
- Bachelor's degree in finance or accounting
- 2+ years of experience in financial analysis or accounting
- Proficient in Microsoft Excel
- The median annual wage for financial analysts in the US in 2021 was $95,570
- The mean annual wage for financial and investment analysts in Vermont is $87,610
- Benefits Specialist:
Benefits specialist is responsible for providing support to employees regarding their benefits packages, claims, and other related inquiries. They will maintain employee records and update information as needed and will work with vendors to resolve any issues with benefits coverage. They may also do research each year to ensure that the benefits they are providing are the best they can be and to ensure that the pay and benefit packages a company offers are up to par with others in the industry so that they can attract top talent.
- Bachelor’s degree in Human Resources, Business Administration, or a related field
- 2-3 years of experience in benefits administration or a related field
- Strong communication and customer service 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 Vermont is $67,800
- Regional Manager (For-Profit Company):
A regional manager is responsible for overseeing and coordinating the activities of the company's employees in a specific region. They ensure that the company's operations are running smoothly and efficiently in their region, and that all employees are performing their duties satisfactorily. The regional manager also works closely with other managers in different regions to ensure that the company's overall operations run smoothly.
- Proven experience as a regional manager or similar role
- Strong leadership and organizational skills
- Excellent communication and interpersonal skills
- Ability to work well under pressure and handle multiple tasks simultaneously
- The mean annual wage for general and operations managers in the US in 2021 was $115,250 and sales managers earned $142,390
- The mean annual wage for general and operations managers in Vermont is $90,750 and sales managers earn $115,000 Learn More About Additional Business Careers