Associates Degree in Business Management

Why an associate degree in business management?

Do you want to work for a business organization or start your own business? You will need the academic background, financial knowledge and management skills to survive and succeed in the cut throat world of business. Enrolling in an associate degree in business management may train you for a challenging career in as little as 2 years.

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Associates degree in Business Management

What will you learn?

You may learn the necessary knowledge and skills in:

• Marketing

• Organizational Behavior
• Financial Management
• Business Law
• Principles of Management

Degree Curriculum

The 2-year, 60 credits degree will be divided into general education and core courses requirements.
Some of the core courses in business management may be titled under:

• The Strategic Management Process Integrated
• Decision Making
• Managing Talent
• Innovative Service & Product Development
• Resource Acquisition
• Financial Management
• Driving Revenues
• Intro to Managing Information Systems
• Corporate Finance & Financial Markets
• Project Management
• Managing Behavior in Organizations
• Business Law
• Managerial Accounting
• Financial Accounting
• The Strategic Marketing Process
• Integrated View of Business

General education requirements may be fulfilled by completing some of the following courses:

• Professional Ethics
• Intercultural Communication
• Advanced Spreadsheets
• Micro and Macroeconomics
• Introduction to Psychology
• Introduction to Statistics
• Interpersonal Communication
• Critical Reading & Expository Writing I, II

Admission Requirements

The following list may serve as a general admission guideline only:

• High school diploma or its equivalent
• SAT scores
• Essay
• Statement of purpose
• A minimum cumulative GPA (especially for transfer students)
• TOEFL (for international applicants)

Tuition & Financing

It is impossible to quantify your 2 years in college in terms of effort, hard work, etc. Colleges and universities will have different fee structure for the same degree. Private colleges and universities will always be more costly than their public counterparts. Therefore it is advised that you contact the college/university of your choice and look at their fee structure, etc.
All accredited colleges and universities, both traditional and online, offer various financial aid options to their admitted students who qualify. It is therefore advised that you contact your school’s financial aid office.  

Upon completion you should be able to:

• Manage a new project for your company
• Organize a merger
• Plan marketing strategies

Career Options

The following is not an exhaustive list of career options available for graduates with an associate degree in business management. However it is worth reminding that an associate degree is a terminal degree, leading to a bachelor’s degree, therefore graduates may only be looking at entry-level positions.

• Executive Assistants – They provide administrative support to a company’s top management. Working the 9-5, Monday to Friday, they work in a fast-paced environment, arranging meetings and conferences, researching, screening calls, supervising clerical staff, etc. Their yearly median in 2012 salary was $48,093.

• Hotel’s General Managers – They are responsible for the day-to-day workings of a hotel. Their duties include supervising staff, and overseeing fiscal operations. They also work as mediators when employee disputes arise. Hotel GMs also conduct daily audits and monitor cost controls. Their yearly median salary was $50,682 in 2012.

• Administrative Assistants – Their job description is similar to executive assistants. They earned a yearly median salary of $35,143 in 2012.

• Restaurant’s General Managers – Their job description is similar to a general manager at a hotel. They earned a yearly median salary of $43,645 on 2012.

• Retail Store Managers – They perform a wide variety of tasks like managing and stocking inventory, oversee daily retail operations, and services and make sure monthly sales quota are met. They earned a yearly median salary of $40,683 in 2012.

• Office managers – They are essentially organizers and leaders of office workers. They also review, track and prepare budgets, maintain databases and record. They earned a yearly median salary of $41,346 in 2012.

An associate degree in business management is a 2-year investment in rigorous academic study which prepares you for a variety of careers, some of which were mentioned above.

How long does it take to get an Associate Degree in Business Management?

It takes exactly two years to get an Associate Degree in Business mManagement. An associate's degree is a good idea if you don't want to commit to a four year bachelor's program immediately. You can transfer your credits from your associate's degree to your bachelor's degree if you change your mind. Both on-campus and online associate programs are available in business management.

What are the requirements to get an Associate Degree in Business Management?

To get an Associate Degree in Business Management, you are expected to have good leadership and time management skills. In addition to this, you will likely be required to complete 60 credit hours and take some of the courses mentioned below;

• Human Resources
• Business Law and Ethics
• Principles of Business Management
• E-Commerce
• Macro-economics

How much can I make with an Associate Degree in Business Management?

Generally, you need a minimum qualification of at least a bachelor's degree to work in management positions. Within management positions, you have the option to work within different industries e.g. I.T, education, finance, and finance. The median wage for management positions as of May 2018 was $104,240 per year. Wages in this sector are higher than those offered in most other sectors.