Business Management
EXCEL IN BUSINESS
The Business Management program offers students an integrated management core leading to a Bachelor of Science or Associate of Science in Business Management. We feature concentrations in Human Resources and a strong emphasis on the international aspects of business, preparing students for our interdependent global economy.Â
Aligned with the College’s mission, the Business Management Program helps students develop the knowledge, skills, and values needed to become competent managers and successful candidates for graduate school. Our faculty is dedicated to providing quality, relevance, and innovation in student preparation.Â
In the Business Management Program, you will:Â
- Master qualitative, quantitative, and information technology tools for effective decision-makingÂ
- Engage in methods of inquiry and analysisÂ
- Develop a comprehensive understanding and appreciation of the role of businessÂ
- Reflect on and critically engage with ethical issues in managementÂ
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Program Highlights
Versatility
The business world is diverse and covers a broad range of fields and careers. It incorporates a variety of subjects, such as accounting, business administration, business analysis, business computing, business ethics, business statistics and commercial law. Exposure to different disciplines can benefit students who aren’t sure which career path to pursue by helping them pick a specialty field.
High Demand
According to the Bureau of Labor Statistics (BLS), employment in the business and financial sectors is predicted to increase by 7% by 2031, which is faster than the average growth rate for other occupations. Globalization and a growing economy are both contributing factors to the increased demand for business graduates.
Salary Benefits
Employees with a bachelor’s degree also have a 50% lower rate of unemployment, and on average they make an additional $630,000 to $900,000 over their lifetime.
Faculty
Catherine Lopez-Gonzalez, Ph.D.
John Lohrentz, M.S.
Roy Scheive, Ed.D.
Career
Options
Career Options with this major include but are not limited toÂ
- Office Manager: $66,288 per yearÂ
- Human Resources Manager: $81,707 per yearÂ
- Project Manager – $88,923 per yearÂ
- Director of Development – $96,993 per year Â
- Marketing Manager – $70,297 per yearÂ
- Director of Operations – $104,280 per year
In addition, students may pursue Business Management to prepare for graduate school.
Frequently Asked Questions
A business degree generally refers to a bachelor’s degree that provides foundational knowledge across all business functions and an understanding of how professionals can apply these fundamentals in nearly any industry or career. Â Business degrees provide students with practical skills that directly apply in the workplace whether this is creating a budget, interpreting reports or putting together a client proposal. In addition to useful hard skills, business degree courses help students to improve valuable soft skills, such as leadership, organization, communication and collaboration. Employers may seek these skills from job candidates when recruiting business graduates.
Calumet College offers the following concentrations for Business Management Majors. Also, please review individual web pages for additional information, career options and salary potentials for each concentration.
- Human Resource Management
- Digital Marketing
- Project Management
- Supply Chain Management
- Sport Management
- Entrepreneurship
Aside from developing your business management skills while pursuing your degree, you can also complete a business management internship or online courses to further develop your abilities. Here are some essential skills that employers value highly:
- Communication
- Management
- Leadership
- Problem-solving
- Financial intelligence
Business management degrees aren’t always difficult to earn, but that doesn’t mean they’re easy. While working on a business management degree, you will delve into topics such as finance, economics, marketing and accounting. You are also expected to learn about the social, technical and financial aspects of a business. If these topics align with your interests, studying business management can be enjoyable and rewarding.
Program
Objectives and requirements
120 credit hours
Upon completion of this program, it is expected that students will:
- Demonstrate mastery of the theories, principles and practices of management and the ability to apply qualitative, quantitative, and information technology tools for effective decision making;
- Be able to engage the methods of inquiry and analysis of the liberal arts and sciences in relationship to the specific situations and problems of management in order to become reflective practitioners;
- Have developed a general understanding and appreciation of the role of business and management in local, national, and world economies; and
- Demonstrate the capability to reflect on and engage critically with ethical issues in management, particularly questions of social responsibility and professional decision making.
120 credit hours
The following courses are required for a baccalaureate degree:
38 hours: General Education
27 hours: Requisites for the Major
- ACCT 210 Principles of Accounting I
- ACCT 211 Principles of Accounting II
- BSMT 120 Management Thought, Principles and Practice
- BSMT 225 Microcomputer Applications
- BSMT 260 Organizational Behavior and Development
- BSMT 261 Applied Management
- ECON 210 Principles of Economics I
- ECON 211 Principles of Economics II
- MATH 171 Principles of Statistics
- or PSY 230 Statistics for Behavioral Science
30 hours: Upper Level Courses in Major
- BSMT 320 Human Resources in Management
- BSMT 335 Marketing Management
- BSMT 350 Business Communications
- BSMT 375 Business and Professional Ethics
- BSMT 379 Small Business Management & Entrepreneurship
- BSMT 440 Financial Management
- BSMT 489 Strategic Management & Decision Making
- BSMT 490 Strategy Simulation (Capstone)
- BSMT ___ Business Management Elective at 300-level or higher
- ECON 480 International Business
25 hours: Electives
59 credit hours
The following courses are required for an associates degree:
35 hours: General Education
24 hours: Requisites for the Major
- ACCT 210 Principles of Accounting I
- ACCT 211 Principles of Accounting II
- BSMT 120 Management Thought, Principles and Practice
- BSMT 225 Microcomputer Applications
- BSMT 260 Organizational Behavior and Development
- BSMT 261 Applied Management
- ECON 210 Principles of Economics I
- ECON 211 Principles of Economics II