The midfielder who was part of United's "Class of 92" also played 66 times for England, retiring after Euro 2004 to focus on his club career.
A 3-0 victory at Crawley Town on Saturday was Oldham's first in the league since New Year's Day and they are 14th in the table - nine points off the playoff spots.
Scholes has plenty of former colleagues and friends for support and advice and while he may tap into contacts at Manchester United (friend Nicky Butt is head of the academy there) he is keen to find his own way in management. I wanted to get into it (management) anyway but I have left myself wide open. I don't think we will get many pundits watching - [although] if we are losing games I am sure people will be popping up - can say what they want.
"I have never really understood why players and managers take notice of what pundits say anyway", continued Scholes.
"I just feel ready".
He told ITV in January when talk of a position with the Latics first surfaced: "I've made no secret that I want to get back into football in some form of coaching".
That, along with a short spell on the United coaching staff when the now Wales manager Ryan Giggs took temporary charge at Old Trafford following David Moyes' sacking in 2014, remains his only experience in the dugout.
There have been reports of interference in team affairs from club owner Abdallah Lemsagam and his brother Mohamed - the club's sporting director - but Scholes is adamant he will not accept that.
Scholes takes charge of Oldham for the first time tonight when they host struggling Yeovil, a side that have lost their last four games on the spin.