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Applied Management

Franklin University Applied Management bachelor's degree banner Program OverviewProgram DetailsWhy Choose Franklin

Fast-track your way into business management

Strong leadership. It’s the hallmark of every successful business—regardless of industry. It requires the ability to meet business problems head-on and adapt to business and technology trends.

Strong leadership starts with people who have the skills, education, and experience to guide the way.

With our transfer-friendly, degree completion Applied Management program, you’ll gain the theoretical foundation and practical know-how to move into management or start your own business. Cultivate your expertise in each of the following areas: management and supervision, operations management, project management, strategic planning, and finance.

Get up to 24 hours of prior-learning credit and finish faster

Since we grant 24 hours of prior-learning credit for certifications, licensures, on-the-job training, and previously earned college credits from more than 130 different disciplines, you’ll get credit for what you already know so you can earn your degree faster and lower your tuition costs.

Your existing education or experience, combined with Franklin University’s Applied Management major, can propel you to the next level of leadership and a higher earnings potential. In fact, studies show that earning a bachelor’s degree can nearly double your lifetime earnings.

Gain experience with hands-on projects and industry standard tools

Franklin’s hands-on Applied Management projects include participating in a true-to-life simulation that mirrors management decision processes in a competitive environment. As a member of a larger team, you’ll help turn an unprofitable $40-million company around, learning to build the business, make key management decisions from each functional area, analyze financial statements, allocate resources, and balance competing demands.

You’ll also gain practical experience with Microsoft® Project, the industry standard in project management software, and learn the critical skills required to build project plans and manage costs within a fixed budget.

Learn from faculty who practice what they teach

And because you’ll learn from credentialed professionals who teach what they practice in their real-world careers, you’ll benefit from their years of experience in the field.

Franklin’s Applied Management Program is accredited by the International Assembly for Collegiate Business Education (IACBE), the leader in outcomes-based business education. That means with the Applied Management completion major at Franklin, you’ll receive a respected degree that is valued in the workplace.

Earn your degree from a university built for busy adults

Earn your degree on your terms by taking classes 100% online or pursue available coursework at one of our eleven Midwest locations. Regionally accredited and nonprofit, Franklin was built from the ground-up to satisfy the needs of adult learners. Our seamless transfer process and team of academic advisors will help ease your transition to becoming a student, while our flexible course schedules help to balance your education with work, family, and life. Get started on your future today!

Gain The Skills Employers Desire

  • Supervision & Management
    • Supervise and assist employees, ensuring that individuals remain on task, fulfill work requirements, and receive adequate and appropriate supervision and support
    • Provide day-to-day organizational support and supervision, including operational oversight and administrative functions
    • Manage to resolve work-related staffing and conflict issues to improve overall performance
    • Assist business units during organizational change initiatives to ensure buy-in that increases efficiency and service
    • Implement learning and development programs that improve individual competencies and team performance to facilitate employee growth and productivity
    • Manage and optimize the workflow, processes, and procedures to increase organizational competitive advantage
    • Provide new employee orientation, mentoring, and assessment to assure proper transition into the organization
    • Administer policies and guidelines, representing the company in an ethical, moral, and professional manner
  • Operations Management
    • Assist in the planning and implementation of strategic initiatives that include projects, new product development, plans, and programs to achieve short-and long-term business objectives
    • Develop and execute processes and procedures for fulfilling internal and external customer demands
    • Provide insight and strategic counsel to senior leadership regarding financial and operational issues
    • Participate in strategic decision making and manage the execution of defined strategies
    • Collaborate in defining, organizing, and prioritizing portfolio initiatives that contribute the overall success of the organization
    • Build rapport with vendors and other suppliers
    • Understand and apply various inventory control techniques
  • Project Management
    • Determine scope, identify and allocate resources, assign responsibilities and tasks, and set timelines and budget for a project
    • Manage day-to-day operational aspects of projects, ensuring adherence to schedule, budget, and standards used by project team members
    • Interact with clients to assure that client expectations are met
    • Create solutions, maintain data, and generate reports using software and tools such as Project, Excel, PowerPoint, and CAD/CAM
    • Oversee project change management process in accordance with predefined process
    • Create and maintain project implementation documentation, such as risk mitigation plans, design documents, project budget, project change orders, and status reports
  • Strategic Planning
    • Identify opportunities and implement business plans and growth strategies
    • Effectively deliver a business case in support of strategic objectives and better ROI
    • Build a pipeline of business initiatives that will maximize business and financial growth opportunities
    • Assist in developing business plans, short-range plans, and weekly plans for managing operating constraints, maximizing throughput, and optimizing production and profitability
    • Drive integrated business planning cycles in collaboration with stakeholders needs
    • Create processes to manage and track business performance, including profitability and growth
    • Deliver data-driven analytics and insights to support actionable strategies, prioritization, and communication
    • Apply SWOT analyses and other planning techniques to evaluate markets
  • Accounting & Finance
    • Create and manage a budget based on business drivers, policies, and procedures
    • Leverage business and financial models and tools in assessing costs, revenues, margins, and opportunities for growth
    • Maintain accounting standards, ensuring compliance with Generally Accepted Accounting Principles (GAAP)
    • Identify business trends and address performance issues using management information tools and financial reporting analyses
    • Provide management with costing reports and insight to support change in resource allocations, work methods, and materials
    • Analyze general ledger accounts to ensure accuracy and gain key business insights
    • Ensure that productivity numbers, sales, and budgets are met and that reconciliations and analyses are accurate
    • Monitor the general ledger for proper mapping of inventory transactions, revenue accounts, and billing department activities
    • Collaborate with various functional areas to ensure that financial objectives are met

Career Opportunities

  • Business Analyst

    Business Analysts assess strengths, weaknesses, and opportunities, recommending improvements and solutions to help organizations enhance performance and competitive advantage.

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  • Management Consultant

    Management Consultants provide expert advice to help businesses maximize growth and performance.

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  • General Manager

    General Managers ensure smooth, efficient, and profitable operations by planning and directing a company’s resources, suppliers, and activities.

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  • Investment Banker

    Investment Bankers underwrite new securities and provide investment counsel to both corporations and government entities.

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  • Manager

    Managers oversee business, department or division operations, including managing staff, systems, and procedures to ensure optimal performance.

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  • Project Manager

    Project Managers plan, execute and manage campaigns and initiatives, ensuring adequate resources, staffing and milestones to deliver anticipated results on time and within budget.

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  • Small Business Owner

    Small Business Owners plan, direct, and manage all functions from operations to marketing to accounting, ensuring business health and profitability.

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  • Supervisor

    Supervisors organize and manage staff and resources to ensure performance, quality, cost containment, and safety.

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  • Training Specialist

    Training Specialists coach, develop, and train employees to maximize personal and organizational productivity and effectiveness.

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  • Middle Level Manager

    Middle Level Managers oversee departmental activities, motivating personnel, and allocating resources to achieve strategic objectives.

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  • Business Consultant

    Business Consultants assess organizational processes and practices in order to make recommendations that help maximize productivity and profitability.

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  • Purchasing Manager

    Purchasing Managers oversee the buying of goods and services, including analyzing supply and demand and negotiating supplier contracts.

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  • Production and Inventory Control Manager

    Production and Inventory Control Managers monitor and manage the supply of goods in order to maintain acceptable levels of inventory.

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Employment Outlook

In 2010 there were 125,269 job openings related to Applied Management. That same year, 5,276 students completed programs in Applied Management.

In 2010 there were 125,269 job openings related to Applied Management. That same year, 5,276 students completed programs in Applied Management.
Occupations Job Openings (2010) Expected Growth
(2010-2020)
Computer and Information Systems Managers 14,569 18.3%
Industrial Production Managers 9,555 9.3%
First-Line Supervisors of Mechanics, Installers, and Repairers 19,857 8.6%
Logisticians 7,202 32%
Gaming Supervisors 2,199 20.5%
First-Line Supervisors of Personal Service Workers 14,495 18.5%
Power Distributors and Dispatchers 734 3.1%
Power Plant Operators 2,513 2.4%
Stationary Engineers and Boiler Operators 1,253 2.1%
Gas Plant Operators 1,140 10.3%
Petroleum Pump System Operators, Refinery Operators, and Gaugers 3,407 2%
Plant and System Operators, All Other 634 2.3%
Aircraft Cargo Handling Supervisors 505 15.1%
First-Line Supervisors of Helpers, Hand Laborers and Material Movers 9,147 20.8%
First-Line Supervisors of Transportation and Material-Moving Machine and Vehicle Operators 8,531 9.6%

Source information provided by Economic Modeling Specialists International (EMSI)

Our Recipe For Your Success

Academic & Industry Experts

Classes are taught and designed by credentialed professionals with real-world experience.
 

  • Programs are designed by combining the insight of industry leaders with the academic expertise of our faculty, ensuring what you learn translates into on-the-job success.

  • Academic concepts and theories are brought to life through our teaching faculty’s professional expertise, and can be immediately applied in your career.

  • Faculty with industry experience teach our courses, not graduate students or life-time academics, so you learn not only the theories behind the practice but also how to apply them in real-world situations.

Relevant & Consistent Curriculum

What you learn is a reflection of the program you choose, not the format in which it’s applied.
 

  • All programs are designed for learning outcomes to flow from the program level into actual coursework.

  • This top-down approach allows credentialed professionals to customize assignments based on trending industry topics without deviating from a program’s core outcomes.

  • Regardless of your professor or the format of your class, you receive the same quality education.

Hands-On Learning Experience

Franklin's coursework teaches not only theories and concepts, but also how they apply to practical situations.

 

  • Professional course designers ensure that class activities such as learning simulations, case studies, interactive videos, and group exercises are relevant and appropriate.

  • A curriculum development team is dedicated to making sure all courses are intuitively designed so content is taught in a logical manner that facilitates your success in the classroom and beyond.

Continuously Evolving Programs

Consistent program reviews ensure our programs stay at the forefront of industry trends.
 

  • Survey results and feedback from student and faculty assessments are reviewed regularly so that our programs are always improving and up-to-date.

  • A structured review process helps identify industry gaps that guide curriculum enhancements allowing our academic and industry experts to regularly implement new industry trends.

  • Regular assessment provides hard data that is used to improve student learning and teaching methods.

Get the details

Read course descriptions, learn about degree options, and meet program faculty.

View Program Details