What Can I Do with a Degree in Management?

Learn more about what you can do with a degree in management. Find information on business management careers, salary, job outlook, and schools. View popular schools that prepare students for careers in management.

Overview

When you walk into a hospital, office building or law firm, you typically see professionals working in a coordinated manner to fulfill the objectives of the organization. Although each professional typically has a clear understanding of his or her job responsibilities, the ability of organizations to effectively coordinate all of the employees is the result of the work provided by administrative managers. Careers in administrative management require the professional to have a broad range of management skills to coordinate and facilitate business operations. In these positions, administrative managers review the organization’s operations in light of its goals and attempt to develop work processes and environments that facilitate the efficient achievement of corporate objectives.

In general, the scope of responsibilities for the administrative manager may vary dramatically. Some administrative managers may be responsible for working with the human resource department to ensure that staffing and space issues are addressed. Other administrative managers may be responsible for overseeing all operations in a specific department. Through their roles, administrative managers provide employees with access to needed resources to successfully complete their jobs. Additionally, administrative managers are instrumental in the organization’s ability to coordinate human capital in a manner that produces efficiency in operations.

Careers

Careers for administrative managers will vary based on the type of services provided by the organization as well as its size. For instance, administrative managers working in smaller companies may be known as office managers. In these positions, professionals will be responsible for overseeing all operations in the organization and ensuring that staff members have access to resources needed to meet organizational goals. In larger organizations, administrative managers may be part of a larger management team that provides management services to a department or the entire organization. One example is a first-line administrative manager that is responsible for overseeing day-to-day activities and supervising staff. Mid-level administrative managers, on the other hand, will be responsible for managing department operations such as setting production schedules, staff scheduling and overseeing issues related to customer service. Administrative managers can be found working in all industries including: law, healthcare, retail management, manufacturing, facilities management and education.

Industry Salary Info

Salaries for administrative managers are variable and contingent upon a number of different factors. The specific industry in which the professional is employed as well as geographic location will influence salary level. Further, the size of the organization will play a role in determining the professional’s salary level. Overall, median annual salaries for professionals employed in administrative management positions were $73,520 in 2008. Those at the upper echelons of the profession are able to command median annual salaries of $129,770 while those at the lowest end of the pay scale had median annual salaries of $37,430. By place of employment, administrative managers working in management companies had higher annual salaries compared with those working in government positions: $85,980 and $65,690 respectively. While a Bachelors Degree is preferred for most administrative management positions, individuals with Masters Degrees in management (MBA) will be able to advance in their careers and command higher salaries.

Job Outlook

In general the job outlook for administrative managers is average. While growth in the field is expected, the number of jobs will be somewhat limited by changes in organizations. In particular many organizations are streamlining management practices in order to reduce costs. Technology is also being used to consolidate management activities. As this consolidation of management activities occurs in the organization, the number of positions will decline in some areas. Additionally, competition for high-paying, upper level administrative management positions will intensify. Individuals that have advanced education (MBA) and experience in the field of management will have access to more job opportunities. Job growth in management consulting is expected to increase in the coming years. As more organizations seek to increase efficiency in management practice, management consulting organizations will provide needed supports to achieve these goals. Professionals with expertise in administrative management should be able to provide consulting services in this particular market niche.

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