What is Business Management? And Why It May Be a Great Career Choice. (2023)

What is Business Management?

Business management is the coordination and organization of business activities. Business managers oversee operations and help employees reach their top productivity levels. A business manager may also supervise or train new employees, help a business reach its operational and financial objectives.

Online Education for Aspiring Leaders and Managers

“The leader is one who, out of the clutter, brings simplicity … out of discord, harmony … and out of difficulty, opportunity.”

This great quote from the legendary big-thinker Albert Einstein captures the essence of leadership so well. Without leaders, our world can seem complex, combative, and frustrating. Today’s workplaces need leaders, too, to set the right direction and foster the positive culture that companies need to survive and thrive.

If leading people is something you believe in your heart that you’re good at — or if you would like to acquire these skills — studying management theories and best practices will develop the leader in you.

Every Organization Needs Leaders

Not everyone can be a leader or manager at work, and many people don’t want the responsibilities of overseeing employees and processes. Fortunately, others feel called to work in management roles and want to make a meaningful impact on their teams and their employers.

Some managers go through company training to learn the skills they need. Others who are new to management “learn by doing,” having to figure things out as they go. Some entry-level managers start the job with formal management education under their belts, which helps them be more confident in their supervisory roles.

Associate Degree in Business Management

If a rewarding career in management is on your life’s bucket list, here’s something that can help you conquer that goal: Get a degree in business management.

The University of Cincinnati Online offers an Associate of Business Management Technology (BMTN) degree program that’s focused, flexible, and designed for today’s modern students.

Our BMTN program prepares you to move into an entry-level supervisory or management position in a wide variety of business settings, with a format that allows you to:

  • Study part- or full-time. If you attend full-time, you’ll get your associate degree in two years. Your time in the program will move quickly, and you’ll have your degree before you know it.
  • Earn a degree online. 100% of the courses are offered online, and there are no campus visits required — a big time-saver for you.
  • Learn on your schedule. If you want to study on weeknights or prefer the weekend, the program gives you the flexibility you need to balance your studies with work and family obligations.
  • Get the support you need. Our program is 100% engineered for your success. You learn from experienced educators and get access to helpful tools and technical support. We pair you with a Student Success Coordinator who’s with you from enrollment to graduation — they’ll be your biggest champion.
Business Management Curriculum

Our program curriculum is expertly designed to help you excel in the business world. You’ll complete a minimum of 60 credit hours to graduate, studying subjects that include Entrepreneurship, Financial Accounting, Introduction to Marketing, Personal Selling and Sales Management, and Fundamentals of Human Resources.

Completing UC Online’s business management degree equips you with skills that are highly sought after by employers, such as:

  • Effectively communicating in a business setting
  • Analyzing scenarios and drawing suitable conclusions
  • Demonstrating effective team management skills
  • Executing the four functions of management: planning, organizing, leading, and controlling
  • Using critical thinking skills to solve problems and make decisions based on accepted business principles
Managers Are in Demand Today

The Bureau of Labor Statistics (BLS) expects employment in management occupations to grow five percent between now and 2029, faster than the average for all occupations. With a projected 505,000 new positions opening up, the opportunities for you to work in management are broad.

You likely know this from past work/life experiences but working as a manager or supervisor doesn’t limit you to one type of company or industry. Every type of workplace needs leaders. That’s the exciting thing about setting your sights on a management career — the opportunities are almost endless!

If you do some research online, you’ll see a variety of entry-level manager positions, including jobs like these:

  • Assistant store manager
  • Sales support manager
  • Assistant office manager
  • Customer relationship manager
  • Shift manager

People who work in management typically earn higher salaries than the employees they supervise. What you can make as a manager is dependent on several factors — for example, the employer’s preferred compensation for its managers, the company’s industry and financial strength, and your professional background and education.

Ready to Grow Your Management Expertise?

If a career in management sounds exciting to you, you’ll want to get the best education from a reputable school. You’ll be happy to know that the University of Cincinnati has a rich, proud heritage of education that goes back 200 years — and more than 20 years of experience in the online education space. TheBestSchools.org ranks us as #1 in Ohio and #16 nationally as an online college leader.

Our UCO staff is ready to answer your questions about the Associate of Business Management Technology program. You can connect online with an advisor, or call our associate degree specialists’ team at 833-556-7877.

We look forward to helping you manage and lead!


What is Business Management? And Why It May Be a Great Career Choice.? ›

Business management is the process of planning, organizing, directing, and controlling the activities of a business or organization to achieve its goals and objectives. It involves overseeing all aspects of a business, from finance and operations to marketing and human resources.

Why is business management a good career choice? ›

A business management degree can help prepare you for a range of career opportunities across numerous industries, including positions leading people. Graduates of business management degree programs can pursue careers in finance, human resources, information security, marketing and more.

What is the career business management? ›

Business management majors study topics such as general business principles, financial analysis, data analytics, organizational effectiveness, and strategic planning. The field offers jobs in finance, banking, and business administration, including positions at the executive and C-suite levels.

Why is business management important in the modern world? ›

The role of a manager is to provide common guidance and direction to the individual efforts for the fulfilment of organisational goals. Increasing the efficiency: Management helps in increasing the efficiency of the business by increasing productivity through efficient planning, organising, controlling and directing.

Why is it important to study management as a student? ›

Management science plays an essential role in various aspects of life. Good knowledge and skills related to management can be applied to achieve a goal. Every company or line of business today needs people who master the basics of business and managerial principles to achieve the goals they want.

What is an example of business management? ›

For example, management tasks can include planning projects, training employees, holding team meetings, and overseeing employees. To complete these tasks on time, it's useful to organize your schedule and delegate responsibilities.

What does business management teach you? ›

You'll learn about financial accounting, marketing strategy, organizational leadership, and business decision-making in your business management classes. Here are some of the most common core courses in business management.

What skills are needed to be a business manager? ›

Top Skills Needed for Business Management
  • Communication. Communication skills in business management are key. ...
  • Management & Leadership. ...
  • Financial Intelligence. ...
  • Information Technology. ...
  • Critical Thinking & Problem-Solving. ...
  • Creativity and Innovation.

What is the business career about? ›

Business professionals conduct a wide variety of job activities to boost sales and revenues, improve cash flows, and increase an organization's profitability. Given their valuable expertise, these individuals are usually in high demand. They also enjoy lucrative salaries and many career opportunities across sectors.

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