Management degrees give students a broad foundation in topics relating to business, finance, economics and marketing. Most management degrees have a very practical focus, with opportunities to complete work placements and professional projects included as part of the program. For those more interested in the theory which goes into informing policies and best practices in management, there are also more research-orientated management degrees to choose from. And, of course, programs that combine the two.
Whether you want to learn more about management but are unsure about which sector you want to work in, or want to explore a particular management specialization in terms of role (such as human resource management) or industry (such as hospitality management), there are plenty of degrees available to help kick-start your management career.
The demand for management professionals in almost every sector of human activity means you’ll find a vast range of management degree programs available, including many taught as combined honors or joint programs (such as business and management, management and marketing, management and mathematics, management with international business, management with sustainability).
What to expect from management degrees
At undergraduate level, management degrees may be offered either as a BA (Bachelor of Arts) or BSc (Bachelor of Science), depending on the institution. They typically take three or four years to complete, with some institutions offering the opportunity to spend an additional year completing a work placement or spend time studying abroad. Management degrees are often offered in university departments known as ‘business schools’ or by dedicated ‘schools of management’.
Teaching is typically a combination of lectures, seminars and classes, with students expected to deliver presentations, prepare reports, write essays, complete problem sets and take part in group discussions. Assessment usually takes the form of an essay, dissertation or assignment, a group project, examinations, or a combination of these elements.
You’ll start with core courses in your first year covering topics such as introduction to accounting, introduction to computing, introduction to management, action research, applications in management, business economics, business environment analysis, business law, business statistics, financial mathematics, management of business functions, management science, marketing theory and practice, organization studies, research in management and systems thinking. You’ll then be able to choose from a series of more specialized management topics, in order to focus on the aspects of management that interest you most.
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Key Skills -
Common skills gained with a management degree include:
- Specialist knowledge of particular management role and/or business sector
- Understanding of basic business practices and structures
- Understanding of management and business theory, strategy and research
- Wide understanding of global economies and financial markets
- Ability to understand and use financial and numerical data
- Ability to use research methodology effectively
- Analytical and critical thinking skills
- Excellent organization and time management
- Excellent written and oral communication skills
- Strong problem-solving and decision-making abilities
- General IT skills
- General numerical skills
- Leadership skills
- Ability to work in a team
- Ability to take initiative