Many elements can make or break a business venture, and business management encompasses them all. From managing people to understanding numbers, a business management program graduate doesn’t have to follow a fixed path. This education opens many different doors from which to choose based on a student’s interest.
The online Bachelor of Science (BS) in Management program from William Paterson University (WP) prepares graduates to flourish in various roles, including those in human resource (HR) management, labor and management, and project management analytics.
What Is Business Management?
Before introducing different career opportunities, it is key to understand what business management entails. Business management includes planning, organizing, leading and controlling decisions regarding specific goals and initiatives.
From people to numbers, products, services and partnerships, business management focuses on all the important factors that lead to business success.
Benefits of a Business Management Degree
According to Indeed, these are the core benefits of earning a business management degree:
- Increased employability: Obtaining a bachelor’s degree in business management prepares you for jobs by equipping you with many management-related skills, such as managing employees and effective communication. Many employers look for these skills when hiring someone for a management position. Specializations in areas like human resources show focus and can make candidates more attractive to employers.
- Exposure to multiple disciplines: Business management degrees offer insights into various management specialties, allowing you to decide on a specialization or gain well-rounded knowledge.
- Management skills: A business management degree helps you develop essential skills for management roles, such as negotiation, problem-solving and project management. These skills are valuable in various industries and roles.
- Networking opportunities: Studying business management allows you to network with people who share similar interests, providing opportunities for mentorship and future collaboration.
- Increased credibility: A degree in business management may increase your credibility to employers, increasing your chances of getting hired or securing financial investments for your own business.
3 Career Paths for Business Management Students
Understanding the benefits of an online BS in business management, where can the diploma lead? Whether climbing the corporate ladder or starting a new business, the degree positions you for success.
However, for those seeking more specific career paths, a business management degree can help graduates explore in-demand areas, like the three examples below:
Human Resource (HR) Management
Human resource managers coordinate employee relations, compensation and benefits, performance management and compliance with labor laws. A comprehensive curriculum in business development will cover the practical elements of human resource management and how successful HR performance works.
Labor and Management
Labor and management leaders understand and oversee the relationships between employers and employees. Those who focus on labor and management need comprehensive knowledge of labor laws to understand employee rights, collective bargaining and current rules and regulations.
The right business management program should offer a solid understanding of labor relations and what is necessary to keep them as stable and fair as possible.
Project Management Analytics
Project management analytics involves using data and analysis to improve projects. It includes gathering information from various sources, such as project schedules, budgets and team performance metrics. This data collection is crucial because it provides the foundation for the analysis process.
Discover Management Opportunities With an Online Degree from William Paterson University
WP’s online BS in Management program empowers students with a versatile skill set that transcends industry boundaries. With elective courses in Human Resource Management, Labor and Management, and Project Management Analytics, graduates are ready to excel in diverse career paths. Whether overseeing human capital, navigating labor relations or harnessing data for project success, the management expertise acquired from this program opens doors to endless possibilities.
Learn more about William Paterson University’s online Bachelor of Science in Management program.
