A degree in sports management or music management can be a gateway to an exciting career. These popular industries need people with finely tuned practical skills to get the job done day after day. Many of these important management skills can be learned through online degree programs.
The Basics of Managing Sports Stars and Musicians
Managing stars in the entertainment business is a job that takes specialized training. Degrees in management are in-depth degrees that start out by teaching people the nuts and bolts of everyday business. Students who are pursuing a music or sports management degree will need to build skills in all of the following areas:
- Human Resources
- Information Technology
- Business Strategies
- Specialized Management
These fundamentals of business will help people become competent managers.
Networking in a Degree Programs
Networking is an important part of pursuing a career as a manager in the music industry or the sports industry. With the right degree program, people may be able to get direct experience and start building a strong business network of like-minded colleagues. Many degree programs can arrange internships which help give their students an extra edge when it comes to making connections. In some cases, industry insiders are available to give powerful advice to new managers.
Management is an Evolving Industry
Experts in music management and sports management have spoken up in recent years about the changing nature of the industry. Like all industries, it evolves with time. Social media and the 24-hour news cycle have made the entertainment world a very different place. The new requirements of modern entertainment media call for specialized training in degree programs. With an online or on-campus degree, people can build the skills they need to do the job right and establish a strong career.
What Does a Typical Music Management Degree Look Like?
A typical entry-level degree in the business of music management is often an 18-month associate’s degree. In some cases, online options and night classes make it possible to earn the degree while working a day job or raising a family.
An associate’s degree in music may include all of the following areas of study:
- Management of individual artists
- Copyright law
- Administration law
- Business law
- Live production
- Recording production
- Marketing and sales
These skills are important for anyone who wants to pursue a career in the fast-growing music industry.
Extra Perks of Music/Business Programs
Many music/business programs include more than administrative and legal skills. They also offer the chance to work together with industry insiders and professionals. Networks of professors and alumni can help people get a job in the industry after graduation. If a student wants to go on to earn a bachelor’s degree in media business or a related field, credits from the associate’s degree may be transferable.
Bachelor’s Degree in Music Management
A bachelor’s degree in music management can give people the extra edge they need to excel in the business. These programs normally last four years. If a person has already built up credits from an associate’s degree, the degree may be finished in as few as two or three years. The bachelor’s degree takes entertainment business and law to the next level with detailed training in managing talent, using technology to enhance music distribution networks, and negotiating complex deals. This degree often finishes up with a detailed individual project, getting the student ready for real-world music management.
Sports Management Degree
An associate’s degree or bachelor’s degree with a sports management concentration can be a powerful tool for a career in the industry. Degrees in sports marketing usually start out with business basics. Then they go on to specialized skills such as negotiating contracts for athletes, managing talent, and branding. Many sports management degrees include opportunities for internships with marketing organizations and teams. The successful student in sports management will learn how to motivate clients and make the best deals possible. Day-to-day experience in internships can help build these skills for a stronger presence in the job market.
What Can People Do in Sports and Music Management?
Managers in the sports and entertainment industry are not just agents. An agent is hired to handle the details of salaries and contracts. A manager is much more closely involved with the client’s everyday life. This job may demand long hours and personal involvement. The manager can often make the difference in a successful career, motivating an individual client to go to the next level.
Managing musicians and athletes is not a job for timid introverts. It can be hard work. People who love a high-energy environment and a chance at mingling with the stars will enjoy this career.
Typical Duties of a Manager
Managers are active at a number of levels in the music and sports industries. Some of them work with college athletes and aspiring young stars. Others work with the biggest names. They deal with transportation, scheduling, promotion, professional development, and excellence in performance. As more musicians and athletes strive for high-powered careers, more managers are needed to take care of the details.
This career is a hands-on job. It requires people who are able to work directly with colleagues in sometimes stressful situations. It calls for networking and smart cooperation with a wide range of people in the business. Managers must combine business knowledge with in-depth information about the particular industry they work in. Good leadership skills are crucial for a career as a successful manager.
How Much Can Managers Earn?
Management in sports and entertainment can be a very lucrative career in some cases. With the increasing volume of athletes and musicians, the chances for a high-powered job continue to increase. In some cases, a single big name client can help a career take off into the stratosphere.
Managers in the music industry or the sports industry might generally earn between 10 percent and 25 percent of the gross profit on events they manage. International gigs can be more complicated, but they have the potential of bringing in higher earnings. Additional perks of a job in the industry may include personal contact with the most glamorous music stars and sports stars in the modern world.
Working Towards a Great Career in Management
A music and sports management degree can be a smart choice for people who want to pursue an exciting career in the entertainment industry. More degree programs are available than ever before as the field continues to grow.