Business Managers


Overview

Business Managers

Introduction

Business managers plan, organize, direct, and coordinate the operations of firms in business and industry. They may oversee an entire company, a geographical territory of a company's operations, or a specific department within a company. There are nearly 2.3 million managerial jobs in the United States.

Quick Facts


More

Median Salary

$100,930

More

Employment Prospects

Fair

More

Minimum Education Level

Bachelor's Degree


More

Experience

One to two years on the job and/or on-the-job training or certifi


More

Skills

Business Management


More

Personality Traits

Conventional

Earnings

Salary levels for business managers vary substantially, depending upon the level and range of responsibility, length of service, and type, size, and location of the organization. Top-level managers in large businesses are among today's highest paid workers and can earn much more than their counterparts in small firms. Also, salaries in large metropolitan areas, such as New York City, are higher...

Work Environment

Business managers are provided with comfortable offices near the departments they direct. Top executives may have spacious, lavish offices and may enjoy such privileges as executive dining rooms, company cars, country club memberships, and liberal expense accounts.

Managers often travel between national, regional, and local offices. Top executives may travel to meet with executives in ot...

Outlook

Overall, employment of general and operations managers and executives is expected to grow 7 percent, faster than the average for all careers, through 2028, according to the U.S. Bureau of Labor Statistics. Some job openings will be the result of managers being promoted to better positions, retiring, or leaving their positions to start their own businesses. Even so, the compensation and prestige...

Related Professions