Degrees in business management come with various options. Students can pursue two-year, four-year or graduate-level degrees in business management – in person, online or through correspondence. These degrees include:
Associate degrees – the lowest degrees in the hierarchy – indicate that a student has completed two years of introductory business management education. They are awarded by community colleges, junior colleges, polytechnic institutes, and some four-year universities and colleges. Holders of associate degrees transfer to bachelors degree programs or may pursue entry-level employment.
Bachelors of Business Administration (BBA), Bachelors of Commerce (B.Com) and Bachelors of Management (B. Mgmt) are the usual undergraduate education options. They are awarded by universities and four-year colleges. These four-year degrees introduce students to economics, business law, organizational behavior, marketing, finance, taxation, statistics, accounting, and management information systems.
MBAs and Graduate Degrees
A graduate degree is the highest level of business management education. A doctorate (PhD) is the pinnacle in the academic world, although an MBA (masters in business administration) typically garners more prestige. Students planning on an academic career usually complete a masters in management or an MBA, then go on to the PhD or Doctor of Business Administration (DBA). PhDs and DBAs require the student to become an expert in a field, generate original research and write and defend a 100,000-word thesis, which may take three or more years. But those with business careers in mind almost always pursue an MBA. An MBA provides graduate-level education in the core business management areas of finance, marketing, human resources, accounting, and strategy. An MBA is a one- or two-year program.
Business management degrees are available on campus, online and via distance education. Some programs even allow students to pick and choose among these options. Nervertheless, the traditional on-campus format remains the most popular choice for people pursuing a degree in business management.
This article was originally published on Suite101 by Andrea Coutu of Become a Consultant at ConsultantJournal.com.