Mittwoch, 12. Oktober 2011

Why Earn a Hospitality Management MBA?

Why Earn a Hospitality Management MBA?

An MBA in Hospitality Management shows employers that you have the business acumen and hospitality expertise to take on mid-level executive and management roles. According to the U.S. Bureau of Labor Statistics (BLS), a master's degree in hospitality management can give you an advantage when seeking management or management trainee positions at top hotels (www.bls.gov). Additionally, an MBA program can provide you with a deep understanding of business practices, finances and strategies, which can help you earn better profits and operate efficiently for your hospitality company.

What Will I Learn?

MBA in Hospitality Management programs require you to take foundational courses in business. These courses typically cover accounting, marketing and decision making. You also might learn about management strategies, corporate environments and leadership methods. If your bachelor's degree isn't in a business-related area, you may need to take remedial courses in math, economics, finance or business law.
Hospitality management courses usually cover event management, food and beverage management, hospitality law and hospitality marketing. Other courses discuss issues in the tourism and hospitality industry, topics in global hospitality and business strategies. Many hospitality management master's degree programs include internships or other hands-on learning experiences. Some programs also allow you to choose a concentration, such as marketing or special events management.

What Are My Online Options?

You can find some online MBA in Hospitality Management programs. If you choose an online program, flexible scheduling may allow you to keep your current job. In an online program, you're usually able to complete readings, view lectures and submit assignments when it's convenient for you. Typically, due dates and school schedules still apply.

What Kind of Job Can I Get?

General managers of large hotels typically oversee department managers who deal with marketing, finance, special events or other areas. Larger hotels and hotel chains also offer training programs for potential management candidates, and an MBA in Hospitality Management can help get you on the management track. High-level positions in hotels are in demand, so you'll face competition for the best positions.

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