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A business school is a university-level institution that confers degrees in business administration or management. According to Kaplan business schools are "educational institutions that specialize in teaching courses and programs related to business and/or management". Such a school can also be known as school of management, school of business administration, or colloquially b-school or biz school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, human resource management, management science, management information systems, international business, logistics, marketing, organizational psychology, organizational behavior, public relations, research methods and real estate among others. There are several forms of business schools, including a school of business, business administration, and management.
Kaplan classifies business schools along four Corners:
Some business schools structure their teaching around the use of case studies (i.e. the case method). Case studies have been used in Graduate and Undergraduate business education for nearly one hundred years. Business cases are historical descriptions of actual business situations. Typically, information is presented about a business firm's products, markets, competition, financial structure, sales volumes, management, employees and other factors influencing the firm's success. The length of a business case study may range from two or three pages to 30 pages, or more. Students are expected to scrutinize the case study and prepare to discuss strategies and tactics that the firm should employ in the future. Three different methods have been used in business case teaching:
In contrast to the case method some schools use a skills-based approach in teaching business. This approach emphasizes quantitative methods, in particular operations research, management information systems, statistics, organizational behavior, modeling and simulation, and decision science. The leading institution in this method is the Tepper School of Business at Carnegie Mellon University. The goal is to provide students a set of tools that will prepare them to tackle and solve problems. In addition to teaching students, many business schools run Executive Education programs. These may be either open programs or company-specific programs. Executives may also acquire an MBA title in an Executive MBA program within university of business or from top ranked business schools. Many business schools seek close co-operation with business. Texas (/ˈtɛksəs/, locally /ˈtɛksɪz/;[9] Spanish: Texas or Tejas Spanish pronunciation: [ˈtexas] (
Houston is the most populous city in Texas and the fourth largest in the U.S., while San Antonio is the second-most populous in the state and seventh largest in the U.S. Dallas–Fort Worth and Greater Houston are the fourth and fifth largest metropolitan statistical areas in the country, respectively. Other major cities include Austin, the second-most populous state capital in the U.S., and El Paso. Texas is nicknamed "The Lone Star State" to signify its former status as an independent republic, and as a reminder of the state's struggle for independence from Mexico. The "Lone Star" can be found on the Texas state flag and on the Texan state seal.[10] The origin of Texas's name is from the word taysha, which means "friends" in the Caddo language.[11] Due to its size and geologic features such as the Balcones Fault, Texas contains diverse landscapes common to both the U.S. Southern and Southwestern regions.[12] Although Texas is popularly associated with the U.S. southwestern deserts, less than 10% of Texas's land area is desert.[13] Most of the population centers are in areas of former prairies, grasslands, forests, and the coastline. Traveling from east to west, one can observe terrain that ranges from coastal swamps and piney woods, to rolling plains and rugged hills, and finally the desert and mountains of the Big Bend. The term "six flags over Texas"[note 1] refers to several nations that have ruled over the territory. Spain was the first European country to claim the area of Texas. France held a short-lived colony. Mexico controlled the territory until 1836 when Texas won its independence, becoming an independent Republic. In 1845,[14] Texas joined the union as the 28th state. The state's annexation set off a chain of events that led to the Mexican–American War in 1846. A slave state before the American Civil War, Texas declared its secession from the U.S. in early 1861, and officially joined the Confederate States of America on March 2nd of the same year. After the Civil War and the restoration of its representation in the federal government, Texas entered a long period of economic stagnation. Historically four major industries shaped the Texas economy prior to World War II: cattle and bison, cotton, timber, and oil.[15] Before and after the U.S. Civil War the cattle industry, which Texas came to dominate, was a major economic driver for the state, thus creating the traditional image of the Texas cowboy. In the later 19th century cotton and lumber grew to be major industries as the cattle industry became less lucrative. It was ultimately, though, the discovery of major petroleum deposits (Spindletop in particular) that initiated an economic boom which became the driving force behind the economy for much of the 20th century. With strong investments in universities, Texas developed a diversified economy and high tech industry in the mid-20th century. As of 2015, it is second on the list of the most Fortune 500 companies with 54.[16] With a growing base of industry, the state leads in many industries, including agriculture, petrochemicals, energy, computers and electronics, aerospace, and biomedical sciences. Texas has led the U.S. in state export revenue since 2002, and has the second-highest gross state product. If Texas were a sovereign state, it would be the 10th largest economy in the world. As of 2017, Texas had a gross state product (GSP) of $1.696 trillion, the second highest in the U.S.[167] Its GSP is greater than the GDPs of Canada, South Korea, Russia and Australia, which are the world's 10th-, 11th-, 12th- and 13th-largest economies, respectively.[168] Texas's economy is the fourth-largest of any country subdivision globally, behind England (as part of the UK), California, and Japan's Kantō region. Its per capita personal income in 2009 was $36,484, ranking 29th in the nation.[169] Texas's large population, abundance of natural resources, thriving cities and leading centers of higher education have contributed to a large and diverse economy. Since oil was discovered, the state's economy has reflected the state of the petroleum industry. In recent times, urban centers of the state have increased in size, containing two-thirds of the population in 2005. The state's economic growth has led to urban sprawl and its associated symptoms.[169] As of April 2013, the state's unemployment rate is 6.4 percent.[170] In 2010, Site Selection Magazine ranked Texas as the most business-friendly state in the nation, in part because of the state's three-billion-dollar Texas Enterprise Fund.[171] Texas has the joint-highest number of Fortune 500 company headquarters in the United States, along with California.[172][173] In 2010, there were 346,000 millionaires in Texas, constituting the second-largest population of millionaires in the nation.[174][175] The second president of the Republic of Texas, Mirabeau B. Lamar, is the Father of Texas Education. During his term, the state set aside three leagues of land in each county for equipping public schools. An additional 50 leagues of land set aside for the support of two universities would later become the basis of the state's Permanent University Fund.[270] Lamar's actions set the foundation for a Texas-wide public school system.[271] Between 2006 and 2007, Texas spent $7,275 per pupil ranking it below the national average of $9,389. The pupil/teacher ratio was 14.9, below the national average of 15.3. Texas paid instructors $41,744, below the national average of $46,593. The Texas Education Agency (TEA) administers the state's public school systems. Texas has over 1,000 school districts; all districts except the Stafford Municipal School District are independent from municipal government and many cross city boundaries.[272] School districts have the power to tax their residents and to assert eminent domain over privately owned property. Due to court-mandated equitable school financing for school districts, the state has a controversial tax redistribution system called the "Robin Hood plan". This plan transfers property tax revenue from wealthy school districts to poor ones.[273] The TEA has no authority over private or home school activities.[274] Students in Texas take the State of Texas Assessments of Academic Readiness (STAAR) in primary and secondary school. STAAR assess students' attainment of reading, writing, mathematics, science, and social studies skills required under Texas education standards and the No Child Left Behind Act. The test replaced the Texas Assessment of Knowledge and Skills (TAKS) test in the 2011–2012 school year.[275] Although unusual in the West, school corporal punishment is not uncommon in more conservative areas of the state, with 28,569 public school students[276] paddled at least one time, according to government data for the 2011–2012 school year.[277] The rate of school corporal punishment in Texas is surpassed only by Mississippi, Alabama, and Arkansas.[277] The state's two most widely recognized flagship universities are The University of Texas at Austin and Texas A&M University, ranked as the 52nd[278] and 69th[279] best universities in the nation according to the 2014 edition of U.S. News & World Report's "Best Colleges", respectively. Some observers[280] also include the University of Houston and Texas Tech University as tier one flagships alongside UT Austin and A&M.[281][282] The Texas Higher Education Coordinating Board (THECB) ranks the state's public universities into three distinct tiers:[283]
Texas's controversial alternative affirmative action plan, Texas House Bill 588, guarantees Texas students who graduated in the top 10 percent of their high school class automatic admission to state-funded universities. The bill encourages demographic diversity while avoiding problems stemming from the Hopwood v. Texas (1996) case. Thirty-six (36) separate and distinct public universities exist in Texas, of which 32 belong to one of the six state university systems.[286][287] Discovery of minerals on Permanent University Fund land, particularly oil, has helped fund the rapid growth of the state's two largest university systems: the University of Texas System and the Texas A&M System. The four other university systems: the University of Houston System, the University of North Texas System, the Texas State System, and the Texas Tech System are not funded by the Permanent University Fund. The Carnegie Foundation classifies three of Texas's universities as Tier One research institutions: The University of Texas at Austin, the Texas A&M University, and the University of Houston. The University of Texas at Austin and Texas A&M University are flagship universities of the state of Texas. Both were established by the Texas Constitution and hold stakes in the Permanent University Fund. The state has been putting effort to expand the number of flagship universities by elevating some of its seven institutions designated as "emerging research universities". The two expected to emerge first are the University of Houston and Texas Tech University, likely in that order according to discussions on the House floor of the 82nd Texas Legislature.[288] The state is home to various private institutions of higher learning—ranging from liberal arts colleges to a nationally recognized top-tier research university. Rice University in Houston is one of the leading teaching and research universities of the United States and is ranked the nation's 17th-best overall university by U.S. News & World Report.[289] Trinity University, a private, primarily undergraduate liberal arts university in San Antonio, has ranked first among universities granting primarily bachelor's and select master's degrees in the Western United States for 20 consecutive years by U.S. News.[290] Private universities include Austin College, Baylor University, University of Mary Hardin–Baylor, and Southwestern University.[291][292][293] Universities in Texas host three presidential libraries: George Bush Presidential Library at Texas A&M University, the Lyndon Baines Johnson Library and Museum at The University of Texas at Austin, and the George W. Bush Presidential Library at Southern Methodist University.
Colleges and universities around the world offer bachelor's degrees, graduate degrees, diplomas and certificates in management, generally within their colleges of business, business schools or faculty of management but also in other related departments. In the 2010s, there has been an increase in online management education and training in the form of electronic educational technology ( also called e-learning). Online education has increased the accessibility of management training to people who do not live near a college or university, or who cannot afford to travel to a city where such training is available. While some professions require academic credentials in order to work in the profession (e.g., law, medicine, engineering, which require, respectively the Bachelor of Law, Doctor of Medicine and Bachelor of Engineering degrees), management and administration positions do not necessarily require the completion of academic degrees. Some well-known senior executives in the US who did not complete a degree include Steve Jobs, Bill Gates and Mark Zuckerberg. However, many managers and executives have completed some type of business or management training, such as a Bachelor of Commerce or a Master of Business Administration degree. Some major organizations, including companies, not-for-profit organizations and governments, require applicants to managerial or executive positions to hold at minimum Bachelor's degree in a field related to administration or management, or in the case of business jobs, a Bachelor of Commerce or a similar degree. UndergraduateAt the undergraduate level, the most common business program is the Bachelor of Commerce (B.Com.). However to manage technological areas, you need an undergraduate degree in a STEM area as preferred to Defense Acquisition University guidelines. This is typically a four-year program that includes courses that give students an overview of the role of managers in planning and directing within an organization. Course topics include accounting, financial management, statistics, marketing, strategy, and other related areas. There are many other undergraduate degrees that include the study of management, such as Bachelor of Arts degrees with a major in business administration or management and Bachelor of Public Administration (B.P.A), a degree designed for individuals aiming to work as bureaucrats in the government jobs. Many colleges and universities also offer certificates and diplomas in business administration or management, which typically require one to two years of full-time study. GraduateAt the graduate level students aiming at careers as managers or executives may choose to specialize in major subareas of management or business administration such as entrepreneurship, human resources, international business, organizational behavior, organizational theory, strategic management, accounting, corporate finance, entertainment, global management, healthcare management, investment management, sustainability and real estate. A Master of Business Administration (MBA) is the most popular professional degree at the master's level and can be obtained from many universities in the United States. MBA programs provide further education in management and leadership for graduate students. Other master's degrees in business and management include Master of Management (MM) and the Master of Science (M.Sc.) in business administration or management, which is typically taken by students aiming to become researchers or professors. There are also specialized master's degrees in administration for individuals aiming at careers outside of business, such as the Master of Public Administration (MPA) degree (also offered as a Master of Arts in Public Administration in some universities), for students aiming to become managers or executives in the public service and the Master of Health Administration, for students aiming to become managers or executives in the health care and hospital sector. Management doctorates are the most advanced terminal degrees in the field of business and management. Most individuals obtaining management doctorates take the programs to obtain the training in research methods, statistical analysis and writing academic papers that they will need to seek careers as researchers, senior consultants and/or professors in business administration or management. There are three main types of management doctorates: the Doctor of Management (D.M.), the Doctor of Business Administration (D.B.A.), and the Ph.D. in Business Administration or Management. In the 2010s, doctorates in business administration and management are available with many specializations.
Industry Descriptionbusiness management Texas ListingThe Business Administration - Management Specialization Program is an 18-month Associate degree that offers students a strong liberal arts curriculum combined with a comprehensive management curriculum. This blend prepares students to excel in today's demanding business environment. Students will study various areas of management including sales, human resources, marketing, and international business. These will be accompanied by a broad base of fundamental business courses. The general education requirements will foster critical thinking, communication skills, and a sound value system. The classroom experience will be enhanced by an internship in the final quarter. |
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