Business management occupations can yield high salaries. New details released by the Bureau of Labor Statistics reveal that administrative services managers are now earning annual wages greater than $81,000. Those that oversee architectural and engineering projects have moved into the six-figure income bracket. As competition for these positions tighten in coming years, schools throughout Los Angeles are guiding students toward achieving applicable leadership deftness.
“We’re helping our students understand compensation trends for careers they are considering, and helping them develop responsible financial self-management skills to support them throughout their life,” said Dr. Charles M. Vance, professor of management at Loyola Marymount University.
Dr. Vance said the learning process for aspiring business executives has become more refined since 2010.
“We are on the cutting edge in providing community-based, experiential learning opportunities,” said Dr. Vance, who earned his Ph.D. in instructional design and development at Syracuse University. “Our many course-related projects and internships provide relevant resume-building experience and network-building contacts that are extremely valuable for optimizing career entry.”
In what way are teaching tools for business management changing?
“By 2024, teaching will be more integrated with social media and other technologies. Teaching methods will be more experiential and connected with the external business community.”
How can students better prepare for their future?
“I recommend students work for employers that provide satisfying yet challenging tasks. They should be loyal but not dependent and through regular networking, always be ready to move on to more satisfying options.”
What is your advice to business-minded students?
“For attaining a truly rewarding career that encompasses the complete life space, I encourage students to take full advantage of their campus career self-assessment and planning services available for free or at low-cost. They should also learn to develop and exercise networking and mentoring skills.”
How can these students maximize their aspirations?
“They should study abroad to help develop flexibility, cross-cultural sensitivity and a global mind-set. They should choose work for which they are passionate and find intrinsically motivating. And they should always be aware of the needs around them and volunteer, losing themselves in the service of others.”
Sharon Raiford Bush is an award-winning journalist who covers topics of social interest in greater Los Angeles. Some news articles she has authored have been archived by the Smithsonian Institution in Washington, DC. Sharon also contributes to Examiner.com.