A bachelor’s degree continues to offer one of the most dependable pathways to an increased salary. It’s especially beneficial in today’s job market, where the competition for every opening is stronger than ever. While the decision to pursue a bachelor’s degree requires time and dedication, it pays dividends for promotion and higher earning potential.
Business is the most popular field for college degrees and is an excellent example of how a college degree can alter a career’s trajectory. Enrolling in an online business degree program, including business management degree programs, represents an investment that can open the door to better career opportunities.
The Value of a Bachelor’s Degree
According to federal data, professionals with a bachelor’s degree earn significantly more than those with a high school diploma or some college education. The knowledge and skills attained with a bachelor’s degree are also fundamental stepping stones for professional success in many industries.
According to data from Indeed, bachelor’s degree holders earn a staggering 40% more than those with an associate degree. This highlights the tremendous impact pursuing advanced education can have on earning potential.
Why Earn a Business Management Degree?
Business management programs equip students with essential skills in leadership, decision-making, financial analysis, marketing, and more. Employers highly seek these skills, making business management graduates valuable assets in various industries.
At Point Park University, the potential of a business management degree is recognized through the comprehensive Bachelor of Science (B.S.) in Business Management program. This provides students with a solid academic foundation in business management and includes two concentrations: Management and Global Management.
With a diverse range of skills and knowledge, graduates are well-prepared to tackle the challenges of the business world and benefit from the increased salary that comes with various management opportunities.
Career Outcomes and Salary Information
Pursuing a bachelor’s degree in business management can lead to a secure, rewarding, and high-paying career. The U.S. Bureau of Labor Statistics (BLS) data highlights career outcomes and associated salary information for business management graduates.
Marketing Manager: Marketing managers are crucial in promoting products and services. According to the BLS, the median annual wage for marketing managers is $122,280.
Financial Manager: Financial managers create financial reports and help direct investment decisions and financial planning. The BLS reports that financial managers earn $131,710.
Human Resources Manager: Human resources managers are essential in managing employee relations and ensuring the smooth functioning of organizations. A business management degree equips grads with the necessary skills to handle various H.R. challenges. The BLS reports a median salary of $126,230.
Sales Manager: Sales managers drive revenue growth and manage sales teams. With a business management degree, they possess the business acumen to achieve sales targets and earn a median salary of $127,490.
Real-World Experience and Credit Transfer
Are you already in the business world but want to finish your degree? Point Park University’s B.S. in Business Management program goes the extra mile to ensure students’ prior learning experiences are acknowledged and rewarded. The university offers robust Prior Learning Assessment and Advanced Standing/Experiential Learning Credit opportunities allowing students to transfer credits from qualifying experiences.
These experiences may include credits earned at other college institutions, College Level Examination Program (CLEP) credits, DANTES Subject Standardized Tests (DSST exams) or UEXCEL exams, Advanced Placement (A.P.) credit, and experiential learning assessment portfolio submissions. By recognizing the value of real-world experiences, Point Park University enables students to fast-track their degree completion and accelerate their entry into the workforce.
Learn More, Earn More with a B.S. in Business Management from Point Park University
Point Park University’s B.S. in Business Management program provides students with a solid academic foundation in a convenient online format, perfect for busy professionals.
If you are ready to invest in your future, a bachelor’s degree in business management may be the key to unlocking the doors to success. The potential for increased salary and career growth is substantial, making it a wise choice for ambitious individuals looking to make their mark in the business world.