An online Sports Management MBA offers a comprehensive education in business and management, with a particular focus on the sports industry. Students who are in this program will take numerous general business courses such as leadership, finance, accounting, e-commerce, marketing and statistics. They will also take sports-related classes, such as sports law and contracts, media and communication, and event management. A Sports Management MBA program will prepare students to become successful in careers on the business side of sports, such as in program directing, corporate sales directing and athletic business managing.
What Does an MBA in Sports Management Cover?
An MBA in sports management is a degree program that marries business with sports. It delves into business theories and practices, including finance, management skills, marketing strategies, sales and leadership. However, this program also explores these business theories and practices through the lens of the sports industry. For example, students will learn how to organize corporate events and promotions for sporting events, as well as sponsorships for teams and players, which are common in the sporting field. Contract work is also important, as many aspiring sports managers must know how to read, understand and create legal documents regarding their clients. Online Sports Management MBA programs help students hone their problem-solving skills through various real-world situations. A sports management MBA program will help students build the essential business skills they need to succeed in the competitive sporting industry. They will also learn the skills to become a leader.
An MBA program in sports management typically takes students about two years to earn, but it may take longer if they are not enrolled full-time.
Getting Into a Sports Management MBA Program
Applicants must possess a bachelor’s degree from an accredited institution, typically with an overall grade point average of 3.0 or higher. Some programs may allow lower averages or GRE scores to be submitted to supplement. In most cases, applicants are expected to possess at least basic foundation knowledge of business. Students who do not earn a business bachelor’s degree may be asked to take the following classes before beginning their MBA studies:
- Principles of Management
- Financial Accounting
- Foundations of Business
- Business Law and Ethics
In the sports management concentration, it can be helpful to know the ins and outs of the sport the student is interested in pursuing as a career, if they are set on managing a particular type of sporting activity upon graduation. In addition, some schools require that applicants submit their GMAT scores alongside a college transcript, even if there is no minimum for admission. Most schools will also require letters of recommendation and essays. For example, George Washington University requires a resume, two letters of recommendation, two essays, official transcripts, and GMAT or GRE score.
Why Should I Get an AACSB Accredited Sports Management MBA?
Make sure that the degree program you select is accredited by the Association to Advance Collegiate Schools of Business (AACSB). This nonprofit organization evaluates the quality of a school’s bachelor’s, master’s and doctoral degree programs. Accreditation is crucial to the quality of your education and your future job opportunities.
Who Should Pursue an Online Sports Management MBA?
Current and future business and team owners, entrepreneurs, and team or player managers would benefit from taking the time to earn an online Sports Management MBA degree. Professionals who hold an MBA will typically be promoted before those who hold lesser qualifications because they will have more knowledge and experience in working with team management, events coordination and sponsorship relations. Online Sports Management MBA programs give students relevant course work in financial accounting concepts, data analysis, and global management and studies. Students are also given valuable opportunities to network with peers and professionals during an online Sports Management MBA degree program.
What Jobs Can an Online Sports Management MBA Get Me?
- Sports Program Director: Schools, gymnasiums and athletic clubs all require the expertise of a sports program director. The director coordinates the games and activities that go on at the facility in which he or she works. The director is also responsible for administrative work, such as maintaining enrollment, collecting membership fees and recruiting new members. The maintenance of sports equipment is also the duty of the sports program director, as is spending the facility’s budget to replace old or unsafe equipment. Some sports program directors may also have a hand in teaching or coaching, though many hire others to do those things for them.
- Sports Agent: A sports agent manages the career of an athlete. The agent typically works with one or several clients at a time. The agent discusses any contracts with the athlete and provides advice. Many also tackle marketing by promoting their clients to sponsors to increase revenue and popularity. For example, a sports agent to a basketball player may speak with shoe companies about possible sponsorship deals in which the player will promote the shoes on the court in return for compensation.
- Sports Business Manager: A sports business manager supervises employees and sales to ensure that the business is profitable and losses are minimized. Most sports business managers work in sporting retail stores, such as specialty equipment shops. They work with mid-level managers, such as shift supervisors, to ensure that the store is adequately staffed and employees are properly trained. They balance the books at the end of each day to ensure that all of the numbers are correct, and may also be in charge of keeping track of the store’s stock so that orders can be placed when supplies run low.
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How Do I Find Online Sports Management MBA Programs?
Check out these websites to find rankings of online Sports Management MBA programs: