Careers That Require a Master's Degree in Management
A master's degree in management allows graduates to pursue careers in business at a senior level. The payoff is great since top executives receive high salaries, and the title is prestigious. Since competition is fierce for these positions, most companies will require that applicants posses a master's degree in management. The only exception is for candidates who have worked their way up and have extensive management experience.
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Chief Information Officer
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Chief information officers are at the top of the food chain for individuals working in the technology sector of a company. They play an important role in helping the company perform at its best with the use of technology. Chief information officers will most likely have an undergraduate degree in an information technology or business field. The most common route of getting promoted from an analyst is to obtain a master's degree in management since chief information officers will manage a number of employees. In order to do this, knowledge of managing and working in a business setting is necessary.
General Manager
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Most likely, any person looking to work as a general manager in an organization will need to obtain a master's degree in management. General managers oversee the operation of a company from human resources to daily operation. According to U.S. Business Labor of Statistics as of May 2010, the average hourly salary for a general manager in the Washington D.C. metro area is $61.68, which equates to about $128,300 year. With this top-paying salary, companies tend to hire the most knowledgeable and educated workers who have an in-depth knowledge of management and business.
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Chief Executive Officer
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The chief executive officer at a major corporation most likely possesses a master's degree in management. Typically, the chief executive officer will be in charge of overseeing the work of other top executives and making sure that the company is running smoothly. The chief executive officer reports to the board and is an important part of any successful company. Therefore, it is imperative that CEOs meet certain education requirements and know about the latest trends in management.
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References
- Photo Credit manager image by Dmitri MIkitenko from Fotolia.com