What Are the Duties and Responsibilities of a Music Manager?

Music managers perform a multitude of tasks to help recording artists create and perform music. Keep reading to learn more about the job duties of a music manager in depth. Schools offering Music Business degrees can also be found in these popular choices.

Career Overview

Music managers must be knowledgeable about not only the music industry, but also music composition and history. Music managers may go by many different job titles, depending on their particular set of duties. These titles include artist manager, business manager, talent agent, tour coordinator, and music business consultant. Their duties include the following tasks, listed below.

Important Facts About This Occupation

Median Salary (2018) $66,040 (for agents and business managers of artists, performers, and athletes)
Job Outlook (2016-2026) 5% (for agents and business managers of artists, performers, and athletes)
Required Education Bachelor's degree
Key Skills Communication skills, networking skills, attention to detail, problem-solving, knowledge of social media

Source: U.S. Bureau of Labor Statistics

Preparing Contracts

In representing your clients, you will be responsible for writing contracts that are advantageous to both the artist and the company or agency. Managers must have knowledge in accounting, entertainment law, and contracts for this part of the job. Being skilled in business communications helps you to develop relationships between parties.

Financial Management

Musicians may rely on their managers to handle financial affairs. This can mean working with an investment company to develop a stock portfolio, budgeting expenditures, paying taxes, and working out a stipend or salary regimen.

Concert and Recording Management

Much of your time as a music manager will be spent scheduling recording sessions or arranging concert tours. You will develop contacts with concert promoters in order to book performance dates and prepare contracts. You'll also work with national and local businesses in order to develop sponsorships, which can offset the cost of a tour. Music managers also calculate the costs of travel and lodging during tours.

On the recording side, you'll represent your client by developing recording contracts and scheduling sessions. Your knowledge of music will help you to assist in hiring studio musicians and other recording professionals as needed. Once again, your knowledge of contracts will be needed to work with recording companies regarding distribution and marketing.

Degree Programs for Music Managers

Bachelor's degree programs in music management give you an overview of the career through courses in music theory and history, orchestration, sound recording, and computerized music. Business courses include studies in taxation, financial accounting, marketing, business management, legal issues, and business ethics. Some programs also offer internships through which you can learn about the music business by interacting with professionals. Internships can also expose you and your talents to people in the music business, allowing you to develop relationships that can help you find a job or eventual clients.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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