If you’re a great leader and a natural problem-solver with good business sense, a role as a business operations manager could be perfect for you. These bosses juggle the many management and administrative responsibilities involved in the day-to-day work and long-term goals of an organization. They oversee budgets, scheduling, human resources, company policies, daily operations and work assignments. They use their time-management, communication and decision-making skills to ensure that projects get done on time and accurately. With a median salary that nears the six-figure mark, good business operations managers command a high pay rate. The first step to this occupation is a college degree.
A Bachelor’s in Business and Beyond
To develop the high-level skills you will need to succeed as a business operations manager, you should pursue an undergraduate degree in some field relevant to business. For example, business administration – one of the top 10 highest paying degrees in business – is a popular major among aspiring operations managers. Public administration, liberal arts and even law programs can also prepare candidates for a career in operations management, according to the United States Bureau of Labor Statistics (BLS).
Business and similar programs of study are the most versatile, but they’re not the only options for aspiring managers. In certain industries, a degree in a field relevant to the specific industry may actually be more valuable than a business administration degree. Some operations managers go beyond the bachelor’s degree and earn a master’s degree in business administration (an MBA).
Training for Management
Naturally, a high-paying and high-level job like business operations manager isn’t an entry-level position. Many operations managers start at the bottom and work their way up to lower level managerial positions and then finally to operations management roles, the BLS reported. Operations managers may be promoted within their own company or firm or hired from outside the company for the management experience they have attained elsewhere.
Aspiring operations managers will have to prove themselves to their supervisors if they want to keep climbing up the ladder to higher-level jobs in management and administration. Sometimes they can grow their skills and their reputation within the company by going through company training programs and executive development programs or by attaining management certification, the BLS reported.
Business operations managers earn a median salary of $96,430 per year, according to U.S. News & World Report. This puts even median earners in the field near the six-figure annual salary mark, and means many operations managers earn upwards of $100,000 annually. Although jobs in management are harder to secure than other types of jobs, the BLS predicts opportunities for general and operations managers to grow by 12 percent, about as fast as the average for all occupations. Factors like the pay rate and above-average mobility led U.S. News to rank operations manager ninth on its Best Paying Jobs list, 10th on its Best Business Jobs list and 47th on its 100 Best Jobs List.