An MS in Management degree prepares students for successful careers as managers or leaders in a wide variety of industries. Through condensed but impactful curricula, these programs provide early-career professionals without a business degree with vital management skills and foundational business knowledge. At California Lutheran University, students can earn a Master of Science in Management (MSM) degree fully online, on campus or in a hybrid format in just one year.
If you’re considering a Master’s in Management degree, it’s important to evaluate how it can prepare you for your career, the factors that lead individuals to pursue an MSM, and the future of the business landscape. To help you understand the benefits of earning this highly applicable degree, we’ll discuss the reasons one might pursue management education, career opportunities and non-traditional career paths for master’s in management graduates, and why this degree is worth the investment.
Why Pursue Management Education?
For those looking to take advantage of the many opportunities in the realm of business and organizational management, a master’s degree with a management and leadership focus can be crucial for developing skills and meeting job requirements. The demand for master’s degrees among managers and leaders has been steadily rising over time, with many organizations now preferring or requiring a master’s degree. With this demand in mind, having a master’s in management can help you stay competitive when applying for management jobs or climbing the corporate ladder.
While each role, organization and industry will require different skills, management education provides the foundational skills and knowledge that are key to success in any career. Many foundational skills, which encompass both technical prowess and interpersonal abilities, are the core of strong leadership capabilities. Skills and knowledge in these areas allow leaders to not only make data-driven decisions that improve business outcomes, but also to foster respectful, inclusive team culture. Some of the foundational skills and knowledge you can gain in an MSM include:
- Communication and conflict management
- Strategic planning
- Leadership, team-building and delegation
- Analytical thinking, critical thinking and decision-making
- Organization and time management
- Basic finance, such as cash flow management, budgeting and financial planning
In addition to foundational business skills, which are important for every professional, a Master of Science in Management degree’s curriculum will focus on building leadership skills that empower you to become a successful manager. For example, you’ll learn various management techniques and leadership styles so that you can be prepared to effectively lead your team.
Career Opportunities With an MS in Management
If you’ve considered graduate management education, you’re likely asking yourself what you can do with a master’s in management. While a degree does not guarantee you a specific role, there are a number of paths that MS in Management graduates might pursue.
| Job Title | Average Salary (Payscale 2024) |
|---|---|
| Operations Manager | $73,538 |
| Human Resources Manager | $75,106 |
| Project Manager | $80,519 |
| Marketing Manager | $73,840 |