The field of management is vast leaving students with educational options from general management to risk management. Students seeking a degree in management will find that courses are broken down into general business and concentrated studies. General business courses are included into every concentration. Concentrated business courses are taken as part of a specific degree.
Through courses students will learn to incorporate general business knowledge with specific leadership skills. The field of study emphasizes the application of business knowledge, economic issues, and employee care. Each degree concentration focuses on different skills but all provide students with the ability to step into a career as a manager.
General Business Courses Can Include:
Finance for Business
The elements of finance are explored in regards to management. Subject areas include financial markets, tools, procedures, and techniques used to make financial decisions. Students learn how to analyze, plan, and work with areas like budgets and international finance risk.
Principles of Economics
Courses focus on the different theories of microeconomics and macroeconomics. Students look at the issues affecting the industry like trade agreements, Consumer Price Index calculations, and labor demands. This introductory course teaches students to explain how economics affect how decisions are made and determine how the change in pricing can directly influence the business market. Topics like Federal Reserve and economic health are discussed.
The basics of financial accounting are examined in regards to identification and measurement. Through the focus of effective management, students learn how to work with financial information and make decisions. The accounting process is looked at, which includes topics on financial statements, retained earnings, and closing balances.
When students start concentration courses the focus shifts from general application to specific management duties. Degree concentrations in organization, risk, project, organization, conflict, and restaurant management all have different required courses. Concentration courses stress fundamental managing techniques and career responsibilities. Courses for some concentrated areas may include:
The best procedures and professional standards for project management are incorporated into a general eight-part management plan. Students learn how to establish a project charter and goals. This is used to work towards completing a project on schedule, which includes topics on scope statement, baseline, control, and development. A course like this is focused on teaching students management skills that help them keep a business and its employers on track.
In order to avoid monetary harm students learn how to create a plan in a risk management concentration. A risk course will teach students how to identify, measure, and manage risk. Subjects include different types of risks, measurement procedures, and plan techniques.
Courses in conflict management prepare students to handle conflict among stakeholders inside an organization. The nature of the conflict, how to design a solution, and how to resolve a dispute are main areas explored.