Best Business Management Certificates

Feb 03, 2022

What is a Certificate Program in Management?

A certificate in management is a short-term educational program that offers a certificate instead of a degree. It prepares students for a role in management or leadership. The program covers the basics of the business world, and students are expected to study math that applies to finance, as well as management philosophies, techniques and principles. Some programs also cover human resource management. Programs may also offer specializations or be specific, such as non-profit management, human resources management or project management. The focus of the program will vary based on whether it is a specialized or a general management course. For example, a course on project management will focus on developing skills required in managing projects, such as effective resource allocation, adaptability to change, clear direction, effective communication and an assurance of quality deliverables at minimal risk. Management certificates can be used in a variety of industries-almost all industries require managers and leaders for successive endeavors. A certificate program provides students with the tools to succeed in business as well as other industries.

Certificates in Construction Management

School Tuition* Acceptance Rate Placement Services Career Services
1 University of Minnesota-Twin Cities $17580 57 Yes Yes
2 University of South Dakota $6062 86 Yes Yes
3 Pennsylvania State University-Main Campus $21960 76 Yes Yes
4 University of Wisconsin-Eau Claire $8027 82 Yes Yes
5 Utah Valley University $5996 91 Yes Yes
6 Montana State University $5089 82 Yes Yes
7 De Anza College $17130 0 Yes Yes
8 Lee College $47980 80 Yes Yes
9 Saddleback College $30427 64 Yes Yes
10 College of San Mateo $17930 49 Yes Yes
11 Frederick Community College $16080 0 No Yes
12 College of the Canyons $11090 0 Yes Yes
13 Diablo Valley College $20520 79 Yes Yes
14 Boise State University $7110 77 Yes Yes
15 Pasadena City College $12870 0 Yes Yes
16 Mt San Antonio College $11964 90 No Yes
17 University of Alabama at Birmingham $8100 74 Yes Yes
18 Los Medanos College $22482 80 Yes Yes
19 Temple University $16956 60 Yes Yes
20 St. Joseph's College-New York $28569 72 Yes Yes

To get a more in-depth look at our school ranking methodology, please visit our ranking methodology page.

*Tuition information is based on published tuition and required fees, per data by the National Center for Education Statistics (NCES).

What is the Difference Between a Certificate and a Degree in Management?

There are many options to study management-a certificate program, an associate degree or a bachelor's degree. While the degree options are much more comprehensive regarding business education, the certificate program focuses on practical training and provides the necessary skills required to enter an entry level position. The certificate degree does not require the investment of time or money that is necessary for a degree in business management. It provides a short term and low-cost alternative to a career in business and management after high school. An accredited certificate program will also offer credits that can be transferred to a degree in the subject.

Should I Get a Certificate in Management?

A certificate in management can open doors for the unskilled worker. It is a great way to learn about the world of business and get trained for an entry-level position without committing to a four-year degree. A certificate provides the skills to be hired into an entry-level position after high school. For professionals who are working in business, a certificate offers a flexible option to brush up on or update their skills. A certificate will also provide a competitive edge for those looking to progress in their careers or climb up the corporate ladder. This is also a good option for those looking to get a taste of business management programs before committing to a more expensive or time-consuming degree. Graduates with a certificate in management are always in demand because every industry requires managers and leaders to run teams and coordinate workforces. Hence, a certificate in management is in demand and is a great addition to one's career.

Career Options After Completing a Certificate Program in Management

Skilled management professionals are tangible assets to organizations and employers have constantly acknowledged their contributions to the success of their companies. A certificate in project management trains students to be such assets for organizations and provides them with the skills to be hired in industries such as manufacturing and construction, information services and publishing, finance and insurance, management and professional services. Project managers, portfolio managers, management specialists, directors of project management and consultants are usually trained professionals who hold certificates in management. Most jobs with this certificate comes with competitive pay scales and the opportunity for growth in the chosen field.

Management Consultant

Management consultants recommend ways to improve on an organization's efficiency and productivity. According to the Bureau of Labor Statistics (BLS), the median annual income of a consultant in 2020 was $87,660. The projected growth rate for positions in this field was 11% from 2019-2029, which is over twice the average growth rate for all positions in the United States.

Project Management Specialist

Project management specialists are responsible for managing specific projects and leading teams working on projects to success. The position encompasses many different roles. The salary for this position varies greatly depending on the organization in question and the state, with the annual median wage in 2020 being $77,420, according to the BLS.

Financial Manager

Financial managers are responsible for creating financial reports, directing investment activities and developing plans to meet the long-term financial goals of an organization. According to the BLS, the median salary for financial managers in 2020 was $134,180 per year. The projected growth rate for jobs in this field is 15%, which is much faster than average in the United States.

Continued Education After a Management Certificate Program

A certificate program in management can be utilized as a transition into an associate or bachelor's degree in business administration, project management, international business or any other business-related degree. Some programs will allow credits from core courses to be transferred to a degree program. A student may find management very interesting or develop an interest in a specific area of management and wish to continue their education further and more comprehensively through a degree program. Depending on the intensity of the certificate program and the student's previous education, the certificate can also be used towards satisfying requirements for a master's degree in business. A master's degree will allow students to pursue further education and research, including by then pursuing a doctorate degree.

Courses for a Certificate Program in Management

Courses in this program are focused on providing tools and real-world strategies needed to excel in the decision-making process, as well as implementing, organizing, learning and developing management. Some common courses in this program include Management Essentials, Leadership Principles, Organizational Leadership, Strategy Execution and Negotiation Mastery. Some programs may also offer elective courses that focus on specific areas of management, such as finance, project management, program management, management consulting and human resources. Courses in a management certificate program will ultimately develop students' emotional intelligence and ability to understand the needs of a business and help them establish a leadership style that works the best for them.

Leadership Principles

The course equips team leaders and executives with the strategies, skills and tools required for expanded leadership responsibilities and how to guide an organization effectively. Through the course, students learn to identify misalignments between an organization and the market, communicate a vision and extend the reach of this vision by leading other managers.

Strategy Execution

The course will equip students with the skills, tools and frameworks to allocate certain resources, measure performance, manage risks and execute strategies. Some common challenges students will face in this class will allow them to design systems and structures that meet the strategic objectives of the organization and identify risks which could derail such a strategy.

How Long Does a Certificate Program in Management Take?

A certificate program in business management is a short-term educational program and requires much less time than a degree in management. However, the time required to complete the certificate requirements vary greatly on the specific programs. It may take anytime between a few months to several semesters depending on how the program is designed and the number of credit hours that need to be tackled each semester to meet the requirements of the certificate. Most certificate programs are designed to be completed within one and a half to two years of studying while undertaking part-time coursework.

How to Choose a Certificate Program in Management

Choosing the right management certificate program from the plethora of available options can be very difficult. There are a few things that one should keep in mind while looking for a program. The program should lay a solid foundation of management, and looking for reviews from students who have finished the coursework is a good way to research programs. The program should also hold the necessary accreditations depending on the management specialization. A good program should offer courses that train the students through lectures as well as projects and hands-on work. Collaboration and teamwork should also be built into the program's coursework. For experienced project managers or working professionals, a program that offers all this while also providing a flexible schedule can be a great benefit. Some programs may have options to complete some parts of the coursework online, which could be useful for those working full-time. Lastly, the cost of attending the program should also be taken in to account. While a certificate will provide great opportunities for one's career, it is also important to find a program that fits into one's budget. Some programs offer scholarships and grants to offset the cost of the program, and this can be a very important factor in selecting a program.

How to Get into Management Certificate Programs

The application to a certificate program will require a number of things, and the student needs to keep this in mind while applying. Most certificate programs accept students who have a high school diploma or GED, although some competitive programs may require some additional work experience to qualify. Some high schools offer coursework in business and finance that is useful for admission to a certificate program. Depending on the program, certain tests may be required along with the application. Some programs may require students to take an assessment to judge compatibility and to place students at an appropriate level of coursework. Programs may also require drug checks or background checks, but this is highly uncommon. Most certificate programs will have less admission requirements than a degree and hence, it can be easier for a student with no prior experience in the field to get admission to a certificate program. Most certificate programs in management will not require GMAT or GRE scores.

Cost of a Management Certificate Program

The cost a management certificate program varies greatly and depends on the program in question, whether one is attending classes at a public or private institution, the examinations and licenses required to get a job in the field, whether learning material is included in tuition and whether the course utilizes highly technical software in teaching students. One of the best things about a certificate program is that it is much cheaper than a degree while offering some of the educational benefits of a degree. The average cost of a certificate program in business management for in-state residents is $6,003.

Financial Aid and Scholarship Resources for Management Certificate Programs

Financial aid is available for prospective students looking to study business management. Federal aid is available for programs which last longer than fifteen weeks at a school eligible for the FAFSA. Programs which are shorter than fifteen months will not qualify for a FAFSA and students may have to apply for a direct loan. Many individual programs and organizations offer scholarships and grants to offset the expenses of the certificate. Hence, it is always recommended to check in with specific programs in question about their policies and financial aid options. The Woman in Public Finance Scholarship provides aid to current high school seniors who intend to pursue a program in business or management.

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