Business management programs develop students' administrative knowledge and skills. Students are required to take basic courses in accounting, finance, marketing, leadership and organizational theories. If students have a specialized business degree program, such as finance, they may take courses that are more specific to their specialty.
The benefits of studying business management in school are plentiful. Students walk away from business management courses with knowledge of how to communicate effectively, collaborate with others, work as teams and manage employees. These are basic skills that can benefit students in all areas of their lives, regardless of the industry they work in.
According to the Institute of Education Sciences, business degrees constituted the largest number of bachelor's degrees in 2007 and 2008, with a total of 335,000. Business degrees as a field of study continue to grow in popularity.