In the last decade, the music industry has exploded, gone digital, and boomed. Do you want to be part of this explosive and changing industry? Then a degree in music business management may put you at center stage in this busy industry. A music business degree is also sometimes called a music industry management degree. Generally, a music business management degree is a bachelors degree and requires 4 years of full-time study to complete. Upon graduation from a music business management program, graduates will be best prepared to gain employment in large music industry hubs like Los Angeles, Chicago, Nashville, and New York City.
Music business programs have begun as the music industry has grown and needed employees with experience and skills specific to this fast paced industry. A degree in this field gives you an opportunity to work in a large variety of venues like music business label companies, radio stations, marketing, public relations firms, and concert companies. A music business course of study will include courses in music history, marketing, accounting, music industry, accounting, and business management.
Swinging Job Outlook for Music Industry
The music industry as a whole is very competitive and changes continuously. To be compeitively prepared for this changing field, you need the right educational background. This field is expected to have at least eight percent growth between now and 2018, according to the United States Department of Labor Statistics. The internet will provide some of this growth as new jobs are created to keep up with the growth from Internet sales and marketing of music. Also, there's high turnover in this field due to competition and the number of people seeking for employment as musicians.
Salary Expectations in Music Business Management
The music industry has varying salaries depending very much on employment length because many jobs in this business are temporary and contract based. Generally, they are short term engagements. The middle of the road wage for musicians in 2008 was between $11.00 and $36.00 per hour. The top ten percent of singers made over $59.00 per hour. Those involved as music directors or managers made on average between $26,000 and $63,000 per year, according to the Occupational Outlook Handbook. Only those with the right education, work ethic, management, and an eye for good musical talent will make it in this competitive career field.
Soaring Degree Programs Available in Music Business Management
Colleges are currently offering some excellent bachelors degree programs in this field. They are also offering music business management programs online.
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