Business Management Associate Degree
Get a business management associate degree if you’re looking to boost your earning potential! Formal education in business management can equip you with the business knowledge and skills needed for a managing or supervising position in a business. With an associate’s degree, you won’t need to commit yourself to four years of schooling. You can learn business management associate degree online in as few as 18 months. Or, you can choose to complete the program at your own pace.
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Whether big or small, businesses impact everyone, meaning you have a large segment of society to which you can cater. Therefore, knowing how to manage a business—or having a management position in a business—is an excellent way to grow in your career and increase your earning potential. You can acquire this knowledge online with the help of a business management associates degree.
Business Management Associate Degree Salary
$49,308 is the average starting salary of graduates of business management associate degree. According to the Bureau of Labor Statistics, business management associate degree holders in 2018 earned an average of $6,864 more annually than those with only a high school diploma. In the long run, the aforementioned earning potential makes an associate’s degree well worth the time and effort.
As of November 23, 2022, the average business management associate degree salary is $67,015. However, the salary range commonly is between $55,271 and $77,896.
Business Management Associate Degree Jobs
You can find a decent job with an associate’s degree in business management. You’ll be excited to know that there are several positions available for those who have an associate’s degree. The reason being is that the courses you take cover the skillset and knowledge you’ll need to perform the job.
Below is a list of five positions for which you can apply when you have an associate’s degree:
Administrative Assistant
Also commonly known as secretary for many years, but the administrative assistant title is more prestigious as it relates to you working directly with upper-level management. Administrative assistants usually report directly to management, schedule meetings and appointments, answer phone calls, respond to emails, prepare memos and invoices, and do any other clerical tasks assigned to them. Being an administrative assistant requires you to be organized and detail-oriented, as you will be responsible for a variety of administrative tasks to ensure that the business runs smoothly.
Executive Assistant
Is typically the right-hand person to upper-level management person. An executive assistant is an integral part of maintaining the success and functionality of the team. As an executive assistant, you will be responsible for handling administrative functions such as scheduling appointments and meetings, email correspondence, preparing reports, booking travel and accommodations, receiving visitors, and any other clerical duties. An executive assistant may sound similar to an administrative assistant, but the difference is that you work closely with a single manager and report directly to that person.
Relationship Banker
From dealing with loans and investments to trust funds and accounts, a relationship banker is someone who handles and maintains a client’s relationship with a bank. As a relationship banker, you are responsible for accurately presenting the products and services of a bank to your clients. Since you are the first point of contact, you are entrusted with handling clients’ concerns. A relationship banker’s role includes providing excellent customer service and helping your clients make the right financial decisions for them. Relationship bankers often work with businesses to help them manage accounts or investments.
Sales Consultant
If you love sales, people, and traveling, a sales consultant position might be right for you. As a sales consultant, you seek out clients who might be interested in purchasing the business’s products or services. You’ll be assigned to a particular area to find prospective clients and present your company’s products and services. The position usually involves some degree of travel.
Store Manager
From evaluating data and directing sales teams to setting sales goals and objectives, and training programs for new and current employees, your job as a store manager is to handle the smooth flow of the team’s and the store’s functionality. Your responsibilities will also include overseeing the budget, developing sales plans, and determining discount rates to attract new customers. As a store manager, you will also be the go-to person for any concerns or complaints customers may have regarding the store’s services, employee issues, or products.
In addition to the listed positions, data shows that having an associate’s degree in business management makes you eligible for at least 100,000 more job postings compared to those who only have a high school degree.
Courses In Business Management Associate Program
If you’ve made it this far, you’re curious about what type of knowledge you’ll acquire from an associate’s degree in Business Management. In general, like in MBA degree, an associate’s degree in Business Management equips you with the business acumen you’ll need to pursue entry-level, managerial, or various business roles. Most of these courses prepare you for a variety of industries. Below is a list of the common courses you can expect to take in a Business Management associate’s program:
- Customer Service
- Introduction to Business Analysis and Intelligence
- Introduction to Human Resource Management
- Introduction to Functional and Project Management
- Financial Accounting
- Marketing
- Principles of Finance
- Principles of Management
Final Thoughts
An online associate’s degree in Business Management is ideal for those who seek to advance their career but can’t commit to four years of schooling. The skills you’ll gain could justify the time and resources you will commit to studying. Learn at your own pace by opting for online degree programs. As the data shows, the knowledge and career prospects that you will gain are invaluable.
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References
[1] AS in Business Administration. “Associate Degree in Business Online.” Southern New Hampshire University.
[2] Online AS Degree in Business. “Business Management Associate Degree.” Penn Foster, July, 2022.
[3] Career Prospects With AS Degree In Business Management. “What Can You Do With an Associate’s Degree in Business Management?” Rasmussen University, March, 2020.
[4] AS in Business Management Online. “Associate of Applied Business in Business Management Technology.” University of Cincinnati, 2023. [5] Business Management AS Degree. “Business Management.” Madison Area Technical College.
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