Business management skills are strategic leadership skills. Graduates of a business management degree are prepared to manage the long-term growth of business operations. They learn to make decisions about people, processes, and projects. They also develop a broad base of skills in finance, accounting, organizational management, and more.

Business administration skills are more about day-to-day operations. In a business administration degree, students often choose a specialization area to focus on a specific business function, such as human resources. They’ll still learn principles of other business functions, but their skill set will be more heavily weighted toward what they learned in their specialization coursework.

Learn more about the biggest differences between business management and administration.

Business management degrees provide the opportunity to develop versatile skills. Learn the basics of how businesses function in society and within the economy, and then go deeper into the knowledge you need to capably function in a leadership or leadership support role.

Herzing’s business management degree program includes topics in:

• Accounting
• Finance
• Business communication
• Business law
• Principles of marketing
• Business ethics
• Project management
• Economics

A business management degree is an educational program that teaches students general skills for leading business operations at a strategic level.

As you earn your degree, you’ll gain critical skills in accounting, management, business law, economics, marketing and sales.  You'll also choose electives that focus on your key interests in the business administration field.

In addition to specific subject knowledge, our online business management degree students learn how to:

• Think critically in an ever-evolving business world
• Develop innovative solutions to critical business issues
• Communicate effectively - both verbally and in writing
• Use industry-standard computer software for data collection and analysis.

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Virtually every organization needs professionals with the skills business degrees teach, so business management degree graduates have the opportunity to put what they’ve learned to work in all kinds of industries. There’s also high potential for advancement as you gain experience. If you want to earn a degree with a strong return on investment, a business management degree could be right for you.

Graduates typically work in an office environment, although office environments can vary greatly – from start-up agencies to established corporations. Offices may be located in an office building or on location at a manufacturing company or factory.

Some business graduates may be able to work from an online home office with occasional trips to the main office for meetings and presentations. Depending on the specific position, some travel may be required to satellite offices or client establishments.

As a business grad, you can typically expect a 40-hour work week, though extra hours may be required for bigger projects or tight deadlines. Those in upper management or with greater responsibility will typically work beyond the 40-hour standard. Executives often spend additional time attending professional events and staying current with industry trends. Full-time employees generally receive full benefits packages including health/dental insurance, paid vacation and sick time, and retirement/wealth savings or accrual plans (such 401(k), company stock, and profit-sharing).

Business management degrees are versatile. The critical thinking, leadership, and decision-making skills you learn in a business management program can apply to roles in virtually any industry, from hospitals to high finance. They’re also specifically designed to set you on a path toward management-track roles, meaning upward mobility is built into the curriculum.

Business degrees generally fall into two categories: business administration and business management. Within those categories, there are many different specializations and options.

Herzing currently offers six different business degree programs at the bachelor’s degree level:

• Accounting
• Business Analytics
• Business Management
• Entrepreneurship
• Human Resources
• Marketing
• Project Management
• Interdisciplinary Studies

Take our quiz to determine which business degree path might be right for you based on your goals and personality.