Music Business Degree: Admission, Coursework and Salary

Music Business Degree
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Music Business Degree

 

 

A music business degree trains students for careers in music production, management, and finance, among other areas of the industry. The abilities you’ll master as part of this degree will enable you to execute tasks that aid artists in their performances. Managing musical venues, finding outstanding musicians for a record company, and selecting the soundtrack for movies and television shows are all examples of this. 

A bachelor’s degree in music business covers all aspects of the music industry. Students who take these classes learn about marketing, management, budgeting, legal challenges, and digital media, among other topics relating to music and business. The history of the music industry is also covered. The inner workings of the music industry are examined in order to have a better understanding of how it functions in today’s society. Record label creation, event management, artist management, and publishing are some of the areas of specialization. 

A Bachelor of Music Business degree prepares students for successful careers in the music industry by providing them with the required information and abilities to navigate the industry. 

When it comes to enrolling at a university, tuition is usually a topic of discussion. Because a Bachelor in Music Business is offered by a variety of universities around the world, costs and fees vary. 

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Graduates of this school go on to have great careers in the music industry. Some start their own record labels, while others work for established ones. Many graduates choose artist management as a professional path. Promotion, mentoring, booking, and general representation of a musical artist are all part of managing an artist. Others work with musicians or record companies as publishers, distributors, or marketers. All occupations in the music industry allow graduates to put their skills and knowledge to good use. 

If you’re thinking about getting your Bachelor’s in Music Business, it’s a good idea to undertake some further in-depth research.

Coursework for Music Business School 

Let’s talk about the real curriculum now that we’ve dreamed about income and the types of occupations we might find ourselves in. What you’ll discover is that music programs are structured courses in which you’ll sit down and listen to a lecture, take notes, and complete homework, much like other educational paths. 

You’ll also find electives, which are courses from other music-related degrees such as Music Performance, Music Technology, Music Composition, and Music Education, all of which have different focuses such as Jazz, Music Theatre, Classical, and even Video Game and Film Scoring. 

You’ll also be asked to participate in extracurricular activities such as working with the Program Board and navigating the complexities of the local campus radio station. The music students are in charge of operating the equipment, interviewing musicians, bringing in real bands, handling advertising and financing, and more.

Jobs for music industry graduates 

Booking Agent 

A booking agent arranges for specific musicians to perform or selects musicians to perform at specific venues. This position entails managing various facets of venue selection and musical artist selection, including contract negotiations and talent scouting. Individual artists or musical ensembles may hire booking agents to discover venues and events where they may perform, or venues and events may hire booking agents to identify fresh or established talent to appeal to a venue’s audience. They frequently negotiate remuneration and performance time slots with promoters and venue managers. Average annual salary: $36,908 

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Tour Manager 

A tour manager is in charge of a musical artist’s or group’s tour activities. Tour managers do this by overseeing the tour’s budget, determining the tour’s route and locations, and ensuring that all performers are prepared for each performance. This function aids the smooth running of a music or theatre tour by allowing the artists to concentrate on their performances rather than extraneous details. Because tour managers often only work during tours, they may have a large number of customers or handle other jobs when they are not on the road. 

Publicist 

Music publicists assist musicians in maintaining or improving their public image. This can include marketing efforts to attract more viewers and fans, as well as social media management and public communications. A publicist is often the initial point of contact between the media and their clients, and may assist musicians maintain their privacy and professionalism. While publicists in other industries can do similar work, musician publicists have a unique perspective on the music industry and popular culture. The average annual wage is $43,339 dollars. 

Theatre Manager

Theatre managers are in charge of the day-to-day operations of a theatre where musicians and performers perform plays, musicals, and concerts. These managers frequently supervise small groups of theatre employees who assist them in keeping their venue clean and welcoming visitors. A theatre manager’s specific responsibilities may include assessing a theatre’s finances, developing promotional initiatives for shows, and dealing with the board of directors. A music business degree can assist theatre managers in better understanding the industry and providing a better setting for musical performances. Average annual salary: $44,333 

Event promotion Agent

In the music industry, an event promotions assistant assists promoters, event organizers, and operations coordinators with the administration of musical events. Handling administrative activities such as filing paperwork and making phone calls to venues and suppliers, as well as assisting with the design of promotional flyers and merchandising and executing other marketing jobs to promote a music event, are all part of this role’s responsibilities. The duties of an event promotions assistant might vary depending on the size and type of event, which can range from big music festivals to small musical theatre plays. Average annual salary: $44,706 

Marketing Coordinator 

A marketing coordinator coordinates marketing materials and provides administrative help to musicians and record labels. Answering and making phone calls, designing marketing campaigns and projects for artists, and creating or commissioning products for musicians are all part of this role. They may also keep spreadsheets of data and assess the response of an audience to record releases, performances, and tours. Marketing coordinators frequently work for a record label, assisting several of the company’s musicians in developing appealing marketing campaigns to appeal to their individual fan base. Average annual salary: $45,349

Universities that offer a degree in music business 

 SAE Institute, Berlin

This curriculum has been designed with an emphasis on entrepreneurship to include novel business models for the digital era and to offer you with knowledge and skills in essential parts of the music business, where the motto “change equals opportunity” remains true. 

Online Academy of Music and Sound 

The course is designed to complement our Foundation Degree in Music & Sound, but it would also be appropriate for students pursuing a music-related HND, Foundation Degree, or those with recognized industry experience and credentials. 

University of Applied Sciences Fresenius 

What creates a hit song? What is the role of the music industry, business models, brand and artist management, music marketing, and exploitation in the music industry? How do you organize music events and concerts? What are the requirements for establishing a label? If these and other issues regarding the music industry pique your interest, the bachelor’s degree in Music Management (BA) is for you! 

Loyola University 

The Loyola University of New Orleans’ own Degree in Musical Creation and Production, designed in partnership with the University of San Francisco in the United States, is a one-of-a-kind degree in Andalusia. 

In an ever-changing, high-tech environment, this program introduces students to a curricular structure that reflects the needs of today’s artists. Students can choose between a technical or a business emphasis within the degree, and they can participate in off-campus music industry internships at places including Universal Music Group, Minnesota Public Radio, Warner, Elektra Asylum Records, KNXR Studies, Schmitt Music, and Wenger Music Corp. 

Hong Kong Baptist University is a Christian university in Hong Kong. 

The Bachelor of Music (Hons) in Creative Industries program provides aspiring composers, vocalists, and instrumentalists with comprehensive training and plenty of opportunities to hone their skills in music technology, composition, performance, production, and entrepreneurship in preparation for careers in the creative and entertainment industries.

Is a Music Business Degree a Good Investment? 

Developing a Competitive Advantage 

One of the most important factors to evaluate is if the degree will provide you a competitive advantage when applying for jobs in the music industry. You must carefully evaluate music business degree programs to ensure that they provide you with the appropriate classes and experiences to provide you with an excellent education. Begin by assessing the course options. 

Examine the course offerings at the institutions and universities you’ve chosen. Consider where you want to go with your career. The majority of institutions will offer a mix of music and business lessons. It’s also possible to combine music and education courses. Look for programs that include marketing, production, and other industry-related topics. 

Finally, think about the instructors’ reputation and real-world experience when choosing courses. 

Internships are a great way to get your foot in the door. 

Another issue is the lack of access to internship programs. Do not enroll in a music business degree program that does not place a strong emphasis on internships. Your internship in the music industry could be one of the most crucial aspects of your undergraduate career. 

Internships offered by a reputed school are generally beneficial. Some “internships” advertised on the street or online are nothing more than invitations to go get coffee. Even purportedly renowned major music firms have been sued for allegedly providing ineffective internships, according to the interns’ attorneys. 

The harsh reality is that, while education is crucial, experience in the music industry matters far more. If you do not have any experience, your music business degree will not give you a competitive advantage over other job applicants. 

Many music companies would prefer to recruit someone with experience but no degree over someone with a degree but no experience. Internships, as well as any other experience you can gain, must be a part of your college experience. 

Job Search Assistance 

Many colleges will provide information on the types of jobs that its graduates have obtained. Programs frequently collaborate with businesses in the industry. Internships with these huge corporations are common. Check to see whether program graduates assist students with job postings on a regular basis. Join and be active in any industry-specific student organizations at your school. When it comes to hiring, many organizations search for this kind of experience. Large corporations will also sponsor club activities such as meet and greets, allowing you to meet the people who can open doors for you. 

Considering the Program’s Worth 

A music business degree program with excellent coursework, knowledgeable teachers, and internship possibilities can be an excellent investment in your future career in the music industry. If the program does not include certain qualities, the degree’s name becomes somewhat meaningless. You could be better off pursuing a different major and tailoring your music-related prospects. 

The bottom line when it comes to music and college is to carefully consider the degree program and work as hard as you can to take advantage of the music opportunities available on campus. To succeed in the music industry, you need a combination of education and experience, not just one or the other.

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