Program & Course Information
What Managers Do
Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources.
The work environment of managers depends on the type of job. Some managers spend much of their day in an office, while others, such as retail or restaurant managers are on the floor most of the time.
How to Become a Manager
Although education and training vary widely by position and industry, many managers have at least a bachelor’s degree and a considerable amount of work experience.
The median annual wage of managers ranged from $51,480 to $101,250 in May 2010, depending on the type of management positon.
Employment of managers is expected to grow 15 percent from 2010 to 2020, about as fast as the average for all occupations.
|Quick Facts: Managers|
|2010 Median Pay||$51,480 - $101,250|
|Entry-Level Education||Bachelor’s degree|
|Number of Jobs, 2010||254,300|
|Job Outlook, 2010-20||15% growth rate|