Organizational management is a fairly new career field; however, it is also becoming increasingly important to businesses who are trying to stay vital and growing in today's turbulent marketplace. Those graduating with a degree in organizational management and accounting will be best poised to take advantage of jobs opening up in this challenging career field. Organizational managers are also sometimes called management analysts or management consultants. They work to help businesses find new ways to improve their structure, production, quality, efficiency, and most important profitability.
Great Career Growth in Organizational Management and Accounting
The organizational management field is expected to have excellent job growth over the next several years. According to the United States Bureau of Labor Statistics, this field will have job growth of 24 percent. This is much higher than average. This growth will be spurred by businesses trying to increase production, quality, and profitability in a difficult marketplace. Growth will also come as businesses try to keep up with regulatory changes and also try to be more environmentally friendly. Many businesses may actually turn to outside private organizational analyst consultants to come into their businesses and do consulting work for short periods of time. Hence, there will be more growth in the self-employment sector of the organizational management field. Also, those with extra education and skills in specific areas like accounting and computers will have greater job opportunities.
Solid Salary Opportunities for Organizational Managers
Organizational managers can make very strong salaries. According the Occupational Outlook Handbook, organizational managers in 2008 had median salaries from $54,000 to $99,000 annually. Those working in larger companies in urban areas had the highest salaries. The highest ten percent of management analysts made over $133,000 annually. The lowest ten percent made under $41,000. Those with more experience also made higher salaries.
Colleges Offering Degrees in Organizational Management and Accounting
Colleges have created some very strong programs in organizational management with an emphasis in accounting. These programs include a bachelor's degree (4 years) and a master's degree (2 years beyond a bachelor's degree).
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