Management 2000 Business subject sub_topic Companies looking to hire managers will be on the lookout for those who are organized, effective, intelligent, and educated. They must also be able to communicate clearly, think fast, and act on their decisions. Those with an applied management degree will posses these skills. A business management degree will have you taking management courses in ethics and business administration. The skills you will learn can lead to employment in several fields including accounting, technology, hospitality, food management, health care, and even government work. The average salary you can expect to earn with this degree is $84,440 per year. Online business degree options are readily available with the schools listed below. 0 1 1 2015 <p>Organizations of every type and in every industry need skilled leaders to ensure that their operations are smoothly and effectively carried out. Applied management professionals are relied upon to oversee the development, regulation, execution, and overall effectiveness of these processes. In order to do so, managers must keep the goals of the organization in mind during every step of the process. Since managers also bear the weight of accountability for a company's success or failure, any plans, policies, or procedures they implement must work towards achieving those goals. </p> <p>Since these are higher-level supervisory positions, most applied management professionals have their own offices and assistants. However, they are frequently required to work extended hours, including some weekends, to meet the company's needs. These positions require managers to attend meetings and conferences on a regular basis. Managers might also be asked to travel locally, nationally and even internationally to handle company affairs. Applied management positions tend to be high-stress jobs. To compensate, many companies give their managers extra amenities such as salary increases, stock options, expense allowances, memberships, and access to company vehicles.</p> <b>Education Required</b> <p>Since applied managers have the potential to work in such a diverse array of fields, specific degree requirements will depend upon both the industry and the type of organization involved. Although most companies prefer candidates with a business management degree, a bachelor's degree in any discipline is usually acceptable. Students also have the option to pursue either an online business degree, or another online degree in their discipline.</p> <u>Bachelor's Degree</u> <p>Bachelor's degree programs in applied management help students to understand and use the tools of management in order to meet the needs of the company. They are designed to give students a solid foundation for becoming skilled and effective managers. They will study topics such as office management, employee training, research, motivational techniques, strategies for working within a global culture, ethics, and leadership theory. Most curricula include a combination of courses in financial accounting, marketing, business law, management theory and practice, speech, communications, economics, and statistics. Many programs offer internships so that students can also gain practical work experience. </p> <u>Master's Degree</u> <p>Master's degree programs give students the opportunity to sharpen their decision-making, critical thinking, and analytical skills. They will utilize these skills and apply the principles they learned as undergraduates by completing a thesis research project. Students will master the techniques involved in managing operations, managing a team, and interacting with clients. Graduate coursework may consist of: experimental design, mathematical statistics, inventory management logistics, and quality control. </p> <u>Certifications</u> <p>Certification is not a mandatory requirement in the field of applied management. However, it serves as an added mark of professional skill and personal dedication. The American Management Association offers a Certificate of Management Excellence for which professionals are required to complete three seminars within a 24 month period. They can choose from titles such as: Successfully Managing People, Planning and Managing Organizational Change, Managing Today's IT and Technical Professionals, and Strategy Execution. The Certified Manager (CM) certification, offered by the Institute of Certified Professional Managers, requires the completion of coursework and examinations. </p> <b>Earning Potential</b> <p>According to the Bureau of Labor Statistics, applied management professionals can expect to receive a salary of $84,440 a year. Those with the highest earnings received $121,690 and those on the lower end received $40,850. Employment growth for managers will differ depending on the industry, but the BLS estimates that it will increase by about 2% through 2016. Competition for these prized positions will remain high across all industries. </p> <b>Careers in This Area</b> <p>Applied Management professionals may serve under a variety of different titles and perform tasks specific to that discipline. Chief financial officers are managers who oversee a company's financial assets. These managers supervise the spending, budgeting, fund-raising, and investing of capital, and ensure that these activities comply with company policy. Chief information officers are in charge of a company's informational technology. They determine both the forms of, and ways in which a company can use this technology to meet its goals. A company's chief executive - also known as general or operations managers - have jurisdiction over all aspects of a company. They delegate, establish, and set the requirements for the various programs and systems that other managers oversee. </p> <b>Type of Person Who Will Succeed in This Career</b> <p>One of the most important qualities that an applied management professional can possess is good leadership skills. Successful supervisors have the ability to lead a diverse variety of people and motivate them to work collaboratively toward a common goal. Management professionals must be self-motivated, self-confident and able to communicate ideas and instructions effectively to others. They should possess vision as well as the flexibility, decisiveness, and determination to carry it out. </p> <b>Article References</b><br/><br/> American Management Association<br/> <a href="http://www.amanet.org" target="_blank">http://www.amanet.org</a><br/><br/> Bureau of Labor Statistics<br/> <a href="http://www.bls.gov" target="_blank">http://www.bls.gov</a><br/><br/> Institute of Certified Professional Managers<br/> <a href="http://www.icpm.biz/" target="_blank">http://www.icpm.biz/</a><br/><br/> applied-management Applied Management Applied Management 2020, 2030, 2055, 2075, 2085, 2100, 2115, 2120, 2125, 2130, 2135, 2145 Search Business Schools for Degree Programs in Applied Management 1 0 0