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What Are the Benefits of Earning an MS in Management?

Online graduate degree programs can be an excellent way for working professionals to advance their careers.

When contemplating pursuing a master’s in management, prospective students invariably discover that a business degree can open up a world of benefits and possibilities.

Aside from the self-satisfaction that comes with advanced learning, this master’s degree signals commitment, competence, and enthusiasm in the field of business management. Applicable to a multitude of jobs and careers, a management degree can not only be a gateway to myriad opportunities, but it also can help trigger innovation, practical skills, and business solutions.

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A growing number of working professionals are validating the value of higher education, as evidenced by an almost 80% increase in applications for select master’s-level management degree programs, including an MS in Management, according to the 2020 Graduate Management Admission Council (GMAC) Applications Trends Survey.1

In the uber-competitive business environment, taking a deeper dive into management studies can help you learn how to master prioritization, collaboration techniques, communication skills, strategic planning, leadership, problem-solving, time management, and navigating change—all essential tools that can reap real-world benefits in your career.

An MS in Management can be beneficial in virtually any career trajectory, and it can open up a wide variety of job options. In fact, many entry-level management jobs require a bachelor’s degree, but earning a master’s can position you for advancement. While career options may require specific experience, training, or other considerations, here are just a few of the jobs this graduate degree can potentially prepare you for:

  • Administrative services manager — An administrative services manager plans and directs support services necessary for an organization to function. Typically, that includes maintenance of facilities, offices, records, and mail distribution. Depending on the size of the company, there may be one manager or several. Median salary: $106,050.2
  • Human resource manager — An HR manager directs employees and oversees the department, with duties that include training and development, compensation and benefits, recruitment, hiring, and employee relations. Median salary: $116,720.3
  • Marketing manager — Marketing managers help create demand for a product or service through marketing campaigns. They aim to increase a company’s brand awareness and bottom line. An MS in Management program with a specialization in Marketing can provide a deep dive into this area of study. Average salary: $135,900.4
  • Organizational development manager — Organizational development managers oversee implementation policies and procedures within an organization and are responsible for the quality of management. They facilitate the maximum use of a company’s resources and often work in tandem with human resources. Average salary: $91,542.5
  • Consultant — Business consultants help companies improve performance and efficiency. They work with company executives on strategy, problem-solving, and planning. Often, they identify marketing needs and weaknesses within an organization. Myriad areas of study in an MS in Management curriculum can provide the skills utilized in this job. Average salary: $74,579.6
  • Health services manager — Health services managers plan, direct, and supervise healthcare within a department or an entire facility. Sometimes referred to as healthcare managers or administrators, they are also responsible for staff training and recruitment. Median salary: $100,980.7

A Practical Approach to Management at Walden University

Walden University offers an online MS in Management degree program that combines cutting-edge business theory with scenario-based learning tasks to help you improve your skills as a leader. Students benefit from comprehensive study in the areas of problem-solving, business strategy, conflict resolution, negotiation, collaboration, data-driven decision-making, and more.

Walden’s online master’s degree program gives you the opportunity to learn from management experts and become a more confident, passionate leader. Choose from the General Program or one of six specializations—Healthcare Management, Human Resource Management, Leadership, Project Management, Marketing, and Strategy.

Stand out in a competitive job market with an online degree program that allows you to focus on key business areas that best match your goals, all while completing coursework on a schedule that works for you—from wherever you have internet access.

Walden University is an accredited institution offering an MS in Management online degree program. Expand your career options and earn your degree using a convenient, flexible learning platform that fits your busy lifestyle.

1Source: www.gmac.com/market-intelligence-and-research/research-library/admissions-and-application-trends/2020-application-trends-survey-report
2Source: www.bls.gov/oes/2018/may/oes113011.htm
3Source: www.bls.gov/ooh/management/human-resources-managers.htm
4Source: www.bls.gov/ooh/management/advertising-promotions-and-marketing-managers.htm
5Source: www.ziprecruiter.com/Salaries/Organizational-Development-Manager-Salary
6Source: www.payscale.com/research/US/Job=Business_Consultant/Salary
7Source: www.bls.gov/ooh/management/medical-and-health-services-managers.htm

Walden University is accredited by The Higher Learning Commission, www.hlcommission.org.

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