Give your career in business management or hospitality a competitive edge by earning an online master’s degree in hospitality management.
Are you a hospitality professional or manager who wants to elevate your career? If so, the colleges listed below can help train you for the marketing and managerial challenges of today’s competitive industry. Keep reading to see if an online master’s degree in hospitality management is the right avenue for your career.
What Is an Online Master’s Degree in Hospitality Management?
As the travel and hospitality industries continue to grow, the demand for talented managers that can juggle marketing, event management, and training and development is also increasing. A master’s degree in hospitality management offers students an opportunity to analyze and incorporate real-world data on what makes hotels, event centers, restaurants, and destinations successful.
These programs can elevate the expertise and careers of a wide array of existing hospitality professionals, including event managers, marketing managers, business owners, and operations or revenue managers. With this degree, you can expand your knowledge and skills or specialize in a specific area of interest.
How Much Can You Earn With an Online Master’s Degree in Hospitality Management?
A master’s degree in hospitality management can apply to numerous occupations, so earnings vary. For example, hospitality administration managers are at the lowest end of the pay scale making just over $50,000 annually, while hospitality marketing managers and hospitality sales managers typically make more than $100,000 annually.
According to the U.S. Bureau of Labor Statistics, hospitality advertising, promotions, and marketing managers made a median salary of $129,380 in 2019, while meeting, convention, and event planners earned a median salary of $94,020.
What Is Required For an Online Master’s Degree in Hospitality Management?
In order to be admitted to an online master’s in hospitality degree program, students are typically required to have a four-year bachelor’s degree in a related field. However, some programs may accept degrees in unrelated subjects.
Professional experience in the industry is helpful but not usually essential, and a minimum GPA of 3.0 or higher is customary. Two or more letters of recommendation regarding experience or academics from a professor, supervisor, or colleague should be expected. Programs vary in credit hour requirements, but most institutions demand 30 to 36 hours for completion.
What Are the Best Online Master’s Degrees in Hospitality Management?
OSR uses six data points: three school-wide and three program-specific. For school-wide, OSR uses Student Satisfaction, Admission Rates, and the number of programs the school offers online. For program-specific, OSR checks the Median Debt of graduates from that program, how many degrees are offered within that program’s umbrella department, and what percentage of students at that school graduated from that department.
The six statistics are displayed by each school. The sliding bar under each statistic represents how that school compares to other US institutions. “Not reported” means a school did not release that information to the US Department of Education. A more detailed description of the OSR process can be found on the methodology page.
