Business management skills are strategic leadership skills. Graduates of a business management degree are prepared to manage the long-term growth of business operations. They learn to make decisions about people, processes, and projects. They also develop a broad base of skills in finance, accounting, organizational management, and more.
Business administration skills are more about day-to-day operations. In a business administration degree, students often choose a specialization area to focus on a specific business function, such as human resources. They’ll still learn principles of other business functions, but their skill set will be more heavily weighted toward what they learned in their specialization coursework.
Learn more about the biggest differences between business management and administration.
Learn more about the Herzing University Business Management program
BLS pay estimates calculate the median annual wage for various occupations. Per the BLS the median wage for an occupation is: "The wage at which half of the workers in the occupation earned more than that amount, and half earned less. Median wage data are from the BLS Occupational Employment and Wage Statistics survey." Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Outlook Handbook 2024. BLS median wage estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geographic market in which you want to work, and degree level and field, will affect career outcomes, including starting salary and earnings as an experienced employee. Herzing neither represents that its graduates will earn the median salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, particular wage or salary, or other career growth.
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