10 Benefits of Having a Construction Management Degree

The benefits of having a construction management degree are endless. Check out our top 10 benefits here!

With today’s ever-growing demand for increasingly sophisticated infrastructures, a career in Construction Management shows no signs of stopping. And because construction managers are so integral in leading construction projects through every phase of development, their value in the job market continues to rise exponentially. In this article, we’ll discuss the benefits of entering this burgeoning field and how earning your construction management degree can provide you with limitless potential in your professional endeavors.

What Is the Role Of A Construction Manager?

Highly sought-after professionals that perform in every aspect of the Architecture/Engineering/Construction (A/E/C) field, construction managers must be versatile, innovative multitaskers with strong leadership skills. Some of the job site parameters of the industry they work in may include:

  • Residential & Commercial Buildings
  • Specialty Structures
  • Design Elements (remodeling/designing the interiors and exteriors of buildings)
  • Development (e.g., urban/city planning; restoration; repurposing buildings and the surrounding spaces)
  • Civil & Highway Construction (bridges, tunnels, roadways, dams, canals etc.)

Some of your job duties as a construction manager will include:

  • Interpreting & explaining plans, blueprints and contract terms to other workers, administrative staff, firms, and clients representing the developer or building owner
  • Reviewing and inspecting each phase of a project in order to monitor the observance of building & safety regulations and other compliance codes
  • Scheduling projects in chronological order and budgeting time & resources required to meet client deadlines
  • Studying job specifications and client stipulations in order to determine appropriate methods of construction

A Career In Construction Management: Endless Possibilities

Earning your degree in Construction Management is valuable to your career in a variety of ways. Besides providing job stability and enabling you to increase your earning potential, it also allows entrepreneurial types to take on a position that can help benefit society and the environments we live and work in. Listed below are some of the advantages you can enjoy with a Construction Management degree:

  1. Competitive Salary: One of the obvious benefits of a degree in Construction Management is the ability to earn a significant income. According to the U.S. Bureau of Labor Statistics (BLS), the median pay as of 2016 was $89,300 for construction managers; this is an above-average income.
  2. Strong Job Forecast: BLS statistics also report that the employment of construction managers is projected to grow up to 16% by 2022 – faster than the national average for all occupations. This is great news for recent college grads looking to join the workforce, as well as CMs who are seeking advancement opportunities in their career.
  3. Employment Satisfaction: As a construction manager, you can enjoy the satisfaction of pursuing a career path that is not only the result of years of hard work, training and secondary education, but built on your sense of creativity, leadership skills, and passion for the industry. Additionally, the buildings you’ve constructed and projects you’ve managed will undoubtedly bring you a sense of pride and accomplishment.
  4. Job Stability: Due to the increasing demand for new construction and remodeling/repurposing of various commercial and residential infrastructures across the country, the Bureau of Labor Statistics has reported a projection in job stability over the coming decade for those in the construction industry. Additionally, the BLS has noted a trend, stating that employers tend to hire prospective candidates who hold both a degree and possess on-the-job training. For those seeking job security, this is yet another reason why earning a degree in Construction Management is highly advantageous.
  5. Leadership: Because you’ll be assuming a vital role as a decision-maker, your leadership abilities will be a core aspect of your daily routine. For individuals who desire a career that demands decision-making and authority as a major part of their job description, an occupation as a construction manager can be both advantageous and rewarding.
  6. Autonomy: For those who appreciate a sense of independence and thrive in roles where initiative is key, a position in construction management can offer a great deal of autonomy. Entrepreneurial individuals who are self-sufficient, naturally driven and able to multitask will appreciate the demands of this career path.
  7. Intellectual Growth: Besides fulfilling your desire for leadership and independence, a position as a construction manager is also intellectually rewarding, as it challenges your ability to problem-solve on a daily basis. Furthermore, it utilizes a great deal of creativity and thinking out of the box, which many individuals find very gratifying on a personal and professional level.
  8. Rapid Career Advancement: Receiving your degree in Construction Management almost guarantees you will be awarded high levels of responsibility right out of college – many CMs are managing multi-million dollar projects early in their careers.
  9. Travel: Another benefit of a career in construction management is the ability to travel, as the job often requires journeying outside of one’s home base to work on projects. This holds particularly true for CMs who reside in smaller and/or less populated areas. Depending on the length of the project and distance from one’s home, some CMs are required to stay in mobile facilities for several weeks or even months at a time. While this may be seen as a disadvantage to some, others may enjoy the opportunity to see different parts of the country, or even the world if the job site is international.
  10. Honing Your Skills: Earning a degree in Construction Management will not only secure you a high-paying position and job stability but also enable you to expand your knowledge and expertise in the industry. Through on-the-job undertakings and the challenges that different projects present, you will learn invaluable career experiences that will allow you to become an efficient problem solver as you lead organizations – and ultimately transform the world we live in.

For more information on earning a degree in Construction Management at NewSchool, contact our Enrollment Team.

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