Master's Degrees in Small Business Management

Even though most of the press and prestige goes to large, multinational corporations, the fact is small businesses play an integral role in our society. In fact, small businesses account for a huge percentage of GDP and hire a majority of people in this country. But succeeding in small business is tremendously challenging and why most small business fail. So every small business needs the leadership of experienced small business managers. If you'd like to pursue a career in small business management, a master's degree in small business management provides an advanced education to launch your career. A master's degree in small business management provides you a diverse skill set and training necessary for success as a small business manager. A master's degree in small business management is a two to three-year graduate degree that qualifies you for an advanced position in small business management or can be used as a steppingstone to a doctorate degree in a related field. Small business management typically qualifies you for work in start-up funding, purchasing and distribution issues, accounting, management, marketing, service development, and client base development.

Master's Degree in Small Business Management Success Factors

Earning a master's degree in small business management requires that you have a high tolerance for risk, are adaptable to rapidly changing circumstances, are a self-starter, work well autonomously but can also lead a team, are excellent managing many tasks and people, can communicate effectively, and have experience in a variety of areas.

Master's Degree in Small Business Management Curriculum

In addition to advanced coursework in the field of small business management, you may be required to complete a master's thesis and/or a comprehensive examination, also known as comps. A master's thesis in small business management is an extensive research paper on a significant topic in the field of small business management, while comps involve extensive testing of all the subjects pertinent to the field of small business management. A master's degree in small business management curriculum typically includes business planning, angel investment, finance for start-ups, small business management, entrepreneurship, choosing a business, and bookkeeping. The courses you take while earning a master's degree in small business management teach you business basics and help you develop an understanding of the unique factors of small business endeavors, as well as competencies in effective business communication methods, problem solving techniques, and critical thinking.

Small Business Management Jobs

A master's degree in small business management is an advanced educational credential that will qualify you for most careers in the field of small business management. Most small business management graduates will initially find themselves working in sales and/or retail. Small business management degrees typically qualify you for work in start-up funding, purchasing and distribution issues, accounting, management, marketing, service development, and client base development. People who graduate with a master's degree in small business management will find an ever-growing job market, especially with small businesses. Small business management jobs tend to have less job security due to the fact that small businesses have a much higher failure rate than large corporations.