Business Management Studies - Courses, Subjects, Certificate & Scope
Parul ThapaSenior Executive Content
Business Management courses refine the management-related skills of a person necessary to run a business. In other words, Business Management courses provide detailed knowledge about various aspects of running a business. In Business Management courses, one learns about the establishment of a company or an organisation, and various functional levels such as production, financial, administrative, human resources, sales & marketing, and others.
To be eligible for Business Management courses, candidates must have passed Class 12 from a recognised board. The popular entrance exams that are conducted for Business Management courses are CAT, MAT, CMAT, MAH CET, TISS NET etc. The average Business Management course fee ranges between INR 50,000 and 25 Lakh.
Business Management courses are open to students from all streams – Commerce, Science and Arts – and can be pursued at undergraduate (BBA/BMS), postgraduate (MBA/PGDM) and doctoral (PhD, FPM) levels. Business Management courses help students in building managerial abilities such as communication, organisation, leadership, reporting, and teamwork. Once graduated with a Business Management course degree, candidates can opt for job profiles such as Management Trainee, Sales Representative, Marketing Executive, Manager, etc. The average salary that a Business Management graduate earns ranges between INR 2 - 28 LPA.
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- Business Management Courses: Highlights
- All About Business Management Courses
- 2.1 Why Study Business Management Courses?
- Business Management Courses: Eligibility Criteria
- Business Management Courses: Entrance Exams 2024
- Business Management Courses and Specialisations
- 5.1 Specialisations in BBA
- 5.2 Specialisations in MBA
- Business Management Courses: Syllabus
- 6.1 BBA syllabus
- 6.2 MBA Syllabus
- Top Colleges for Business Management Courses
- 7.1 Top Private Colleges for Business Management Courses
- Top Government Colleges for Business Management Courses
- Business Management Career Scope: Job Profiles, Salary and Top Recruiters
- 9.1 Business Management Average Salary in India
- 9.2 Business Management Top Recruiters
- 9.3 Business Management Courses Abroad for Indian Students
- Which is the best online business management course?
- FAQs on Business Management & Studies
Business Management Courses: Highlights
The main aim of Business Management courses is to prepare students to apply management principles in a variety of industrial situations. The Business Management courses help students gain knowledge of how businesses operate, how they are managed, and how they interact with one another and their surroundings.
Desirous students can have a look at the table below to get quick information about Business Management courses.
| Particulars |
Details |
|---|---|
| Course Name |
Business and Management Studies |
| Course Level |
Undergraduate, Postgraduation, Diploma, PG Diploma, Certification and Doctorate |
| Entrance Exams |
|
| Duration |
|
| Eligibility |
|
| Fees |
|
| Average Salary |
|
| Job Profiles |
Manager, Financial Manager, Business Analyst, Business Development Manager etc. |
| Top Recruiters |
Godrej, Reliance, TCS, Dell, Accenture, Deloitte, Amazon and so on. |
All About Business Management Courses
Business Management courses focus on providing an in-depth understanding of human resource management, economics, new corporate strategy, entrepreneurship, trading, finance, and risk analysis needed for managerial professions.
The undergraduate Business Management courses teach the techniques and theories of management. Many colleges and universities, including some famous institutions like Delhi University, offer Business Management courses.
The Business Management courses career scope of the professional courses is broad because there are employment chances in industries like banking, education, and information technology, among others.
Why Study Business Management Courses?
Business Management courses are useful tools that can aid in a candidate's job search for managerial positions. Also, Business Management courses offer information to those who are considering starting their own business. Depending on your long-term objectives, you can pursue several levels of study, from undergraduate to graduate degrees in business management. Several schools and universities provide on-campus or online courses, and they have a variety of specialisations from which students can select according to their preferences.
Business Management Courses: Eligibility Criteria
Business Management courses are divided broadly into two levels: Undergraduate and Postgraduate.
| Courses | Eligibility Criteria |
|---|---|
| UG | Class 12 |
| PG | MBA and PGDM |
| PG Diploma | Graduation |
| Diploma | No Entrance Exam |
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Business Management Courses: Entrance Exams 2024
Most of the business management institutes select candidates for admission on the basis of entrance exam scores. Some B-schools accept scores of national-level exams, while some conduct their own entrance exam. We have a list of the top entrance exams below that are conducted for Business Management courses:
Students can see the table below to learn important details related to Business Management courses conducted at the national level or university level.
| Name of Entrance Exam | Exam Dates | Exam Schedule |
|---|---|---|
| SET | May '24 | SET Schedule |
| IPMAT | June '24 | IPMAT Schedule |
| CUET | 15 May '24 - 31 May '24 | CUET Schedule |
| CAT | 26 Nov '23 | CAT Schedule |
| CMAT | May '24 | CMAT Schedule |
| NMAT | 10 Oct '23 - 19 Dec '23 | NMAT Schedule |
| ATMA | Jul '24 | ATMA Schedule |
| SNAP | 10 - 22 Dec '23 | SNAP Schedule |
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Business Management Courses and Specialisations
Business Management courses are available at UG, PG, PhD levels in regular as well as distance-education mode. Business Management courses are offered by government colleges as well as private institutes. Given below is the list of Business Management courses at various levels.
| UG Courses |
PG Courses |
Doctoral and Other Courses |
|---|---|---|
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All about Business Management courses
Specialisations in BBA
Bachelor of Business Administration is one of the most well-liked options for a lucrative job (BBA). Students can choose to enrol in the course at a public or private college. Typically, BBA programmes are designed so that students gain leadership and business management skills from day one. Check the table below for list of BBA specialisations offered by institutes, colleges and universities in the three-year degree course:
| BBA Specialisations | |
|---|---|
| BBA Human Resource |
BBA Banking and Insurance |
| BBA Finance |
BBA Information Technology |
| BBA Marketing & Sales |
BBA Foreign Trade |
| BBA LLB |
BBA Tourism and Hospitality |
| BBA Family Business |
BBA Organisational Management |
| BBA Digital Marketing |
BBA International Business |
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Specialisations in MBA
Several students obtaining a degree in business management are unsure of the area of expertise they want to focus on. They frequently learn about the many management specialisations at the beginning of their education, along with how they all fit together in a corporate environment. The aspirants can choose whether they would like to concentrate their study in one particular field or acquire a more comprehensive understanding of each discipline after having a deeper awareness of each discipline. Check the table below for list of MBA specialisations offered by institutes, colleges and universities in the two-year degree course:
| MBA Specialisations |
|
|---|---|
| Product |
|
| Advertising |
|
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Business Management Courses: Syllabus
Depending on the type of Business Management courses and the institutions offering them, different topics are addressed in Business Management courses. However, some of the fundamental subjects, options, and specialities are included in practically every Business Management course. The Business Management courses subjects that are covered in all business management courses are listed in the table below.
In both BBA and MBA, some subjects are core topics taught at the initial stages of these courses. In the advanced stages, elective courses and specialisations are taught. Given below is the list of core subjects and topics taught in BBA and MBA.
BBA syllabus
Check the table below for the syllabus and subjects of the BBA General programme.
| Semester 1 | |
|---|---|
| Financial Accounting | Micro Economics |
| Principles of Management | Quantitative Techniques |
| Semester 2 | |
| Macroeconomics | Environmental Management |
| Marketing Techniques | Business Analytics |
| Semester 3 | |
| Direct and Indirect Tax | Banking and Insurance |
| Human Resource Management | Introduction to Operations Research |
| Semester 4 | |
| Financial & Management Accounting | Business Laws |
| Personnel Management & Industry Relations | Leadership and Ethics |
| Semester 5 | |
| Strategic Management | Financial Management |
| Production & Material Management | Business Data Processing |
| Semester 6 | |
| Introduction to Psychology | Export/ Import Management |
| Consumer Behaviour | Financial & Commodity Derivatives |
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MBA Syllabus
Check the table below for the syllabus and subjects of the MBA General programme.
| Semester 1 | |
|---|---|
| Organisational Behaviour | Quantitative Methods |
| Managerial Economics | Financial Accounting |
| Semester 2 | |
| Organisation Effectiveness and Change | Management Science |
| Financial Management | |
| Semester 3 | |
| Legal Environment of Business | |
| Strategic Analysis | |
| Semester 4 | |
| Project Study | Strategic Management |
| International Business Environment | - |
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Top Colleges for Business Management Courses
There are hundreds of colleges that offer Business Management courses in India. Business management is taught as a specialisation in MBA at many colleges. The goal of the Business Management courses is to create individuals who are knowledgeable about the business and financial environment.
Top Private Colleges for Business Management Courses
Some of the top private colleges that offer Business Management courses are:
| College Names | Total Fees (in INR) |
|---|---|
| XLRI School of Management, Jamshedpur | 27,000 -27 Lakh |
| Symbiosis Institute of Business Management, Pune | 4,000 -22 Lakh |
| NMIMS, Mumbai | 50,000 - 24 Lakh |
| Shiv Nadar University, Noida | 22 Lakh |
| ISBF, Delhi | 22 Lakh |
| Management Development Institute, Gurgaon | 4 - 25 Lakh |
| S P Jain Institute of Management & Research, Mumbai | 25,000 -22 Lakh |
| Amity University, Noida | 1 - 19 Lakh |
| NIMS Institute of Management, Jaipur | 30,000 - 5 Lakh |
| Chandigarh University, Chandigarh | 40,000 - 7 Lakh |
Top Government Colleges for Business Management Courses
Business Management courses can be pursued at government colleges. The fees of government colleges if much affordable can be compared to private institutes. Check the table below to know the fees and details of some popular colleges:
| College Name | Total Fees (in INR) |
|---|---|
| IIM, Ahmedabad | 2 - 32 Lakh |
| IIM, Bangalore | 65,000 - 25 Lakh |
| IIM, Calcutta | 3 - 31 Lakh |
| NTPC School of Business, Noida | 16 Lakh |
| ASCI, Hyderabad | 6 Lakh |
| IIT, Delhi | 10 - 12 Lakh |
| IIM, Khozikode | 4 - 21 Lakh |
| IIM, Lucknow | 94,000 - 13 Lakh |
| BSE Institute Ltd. Mumbai | 4 - 7 Lakh |
| IIM, Indore | 56,000 - 35 Lakh |
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Business Management Career Scope: Job Profiles, Salary and Top Recruiters
A Business Management career in India can be highly rewarding and offers a wide range of opportunities. Business Management courses are dynamic fields that encompass various aspects of planning, organizing, leading, and controlling an organization to achieve its goals.
A career in Business Management in India offers a wide range of opportunities and is well-suited for individuals with strong leadership and analytical skills. It's essential to choose a specialization and industry that aligns with one's interests and career goals. Continuous learning and networking are key to success in Business Management.
Business Management Average Salary in India
Employers and clients want candidates with a variety of skills. To get a career in Business Management courses, candidates must be completely knowledgeable about Business Management courses and the relevant skill sets they require. Some of the essential abilities needed in Business Management courses are strong leadership and communication skills.
After completing Business Management courses, students have the option to join various sectors like Banking, Finance, IT, Sales, or FMCG.
| Job Profiles | Description | Average Salary (in INR) |
|---|---|---|
| Management Trainee | A management trainee’s job is to perform managerial duties under the guidance of seniors, learn various business operations and ensure that the tasks assigned are completed within the deadline. | 3.5 LPA |
| Sales Representative | A Sales Representative’s job profile includes the sale of goods and services, customer relations, maintaining records of current customers and bringing new customers. | 1.9 LPA |
| Marketing Executive | The job of a marketing executive is to devise plans to increase the reach of goods and services thereby increasing sales. | 3.2 LPA |
| Manager | A manager’s job is to lead and oversee a team’s performance to increase company revenue. | 17 LPA |
| Assistant Manager | The job of an assistant manager is to assist the manager in the smooth functioning of the department, perform some managerial tasks and oversee the team members on the manager’s behalf. |
7.9 LPA |
| Financial Analyst | The job of a financial analyst is to explore and assess investment opportunities on behalf of an individual or a business enterprise. | 5.7 LPA |
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Business Management Top Recruiters
Almost all business enterprises, non-profit organisations and government bodies hire Business Management graduates in various capacities. Some of the sectors which hire such graduates in large numbers include FMCG, IT, Banking and Finance, Consultancy and Manufacturing. Some of the top recruiters are:
| Top Recruiters | ||
|---|---|---|
| Godrej | Reliance | Amazon |
| Lifestyle | Myntra | IBM |
| Accenture | Wipro | KPMG |
Business Management Courses Abroad for Indian Students
Pursuing an MBA abroad can be a great option for Indian students who are looking to enhance their education, gain international exposure, and potentially expand their career opportunities.
If candidates plan to study in a non-English-speaking country, they may need to provide proof of English proficiency through exams like IELTS or TOEFL.
Pursuing Business Management courses abroad is costly. The total expense of Business Management Courses can go up to INR 80 lakh to INR 1 crore. The most popular countries for an MBA abroad are the UK, USA, Canada, Australia, Germany and New Zealand.
| Top Universities for Business Management in the USA | ||
|---|---|---|
| Stanford University | ||
| Top Universities for Business Management in the UK | ||
| London Business School | University of Cambridge | University of Oxford |
| Top Universities for Business Management in Canada | ||
| University of Toronto | Western University | Queen's University |
| Top Universities for Business Management in Germany | ||
| Top Universities for Business Management in Australia | ||
Which is the best online business management course?
Online courses in Business Management are a convenient and flexible way to gain knowledge and skills in various aspects of business. Whether candidates are looking to start a career in business, advance in their current role, or develop their entrepreneurial skills, there are numerous online Business Management courses available.
Here are some popular platforms and types of online Business Management courses:
| Name of Course | Course Provider | Fees (in INR) |
|---|---|---|
| Introduction to Fundamentals of MBA | Amity University | FREE |
| Master of Business Administration | IU International University | INR 4,70,916 |
| Mini MBA in Marketing | Taxila Business School | FREE |
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FAQs on Business Management & Studies
Q. I am from Arts stream. Can I pursue a Business Management degree course?
A. Yes, candidates from all streams-Arts, Science and Commerce can pursue Business Management degree courses at undergraduate and postgraduate levels. This course is open for students of any stream as any person can learn managerial skills. The only condition is that student must have scored 50 per cent marks in aggregate. Also, some colleges conduct entrance exams to check the skills and abilities of the aspirants before giving them admission. Students need to check the college websites to know complete details.
Q. Does Business Management require Maths?
A. No, Business Management courses don’t require Maths but in specialisations such as Finance, Taxation, Data Analytics, Data Science and Information Technology, knowledge of Maths at an advance level is necessary. Due to its ability to optimise profit through the application of methods like manufacturing cost analysis, optimum pricing determination, sales pattern recognition, and future sales projection, mathematics plays a significant role in business management. A person with great mathematical skills can assess every aspect of a business's finances and suggest adjustments that will save it money and time.
Q. Which are the good Business Management degrees at undergraduate level?
A. Business & Management Studies courses can be studied at Certificate, Diploma, PG Diploma, Undergraduate, Postgraduate, and PhD levels. If a student wish to take admission at undergruate level, then he/she can go for BBA, BMS, BBM, BBA LLB, Integrated MBA courses such as BBA+MBA and BTech+MBA programmes. These programmes will enhance the managerial skills of the candidates that will help in the functioning of actual industries.
Q. Which are the good Business Management degrees at postgraduate level?
A. MBA, MMS, PGDM and PGP are some of the good Business Management degrees at postgraduate level. Nowadays, selecting the best post-graduate school for oneself can be very challenging and confusing for students. A significant post-graduation is necessary to set yourself apart from the competition because the value of a straightforward graduation degree has been steadily declining over the past few years. Consequently, students should only choose their post-graduation path after having a clear grasp of their passions.
Q. Which is best course for business management?
A. The "best" course for business management depends on your career goals, interests, and current educational background. There are various educational pathways and programs available in the field of business management, and the right choice for you may differ from someone else's.
Here are some of the most popular options:
Q. Who is eligible for Business Management?
A. The Business Management eligibility criteria is as follows:
- At the undergraduate level, the candidate can opt for courses such as Bachelor of Business Administration (BBA) and Bachelor of Management Studies (BMS) and Integrated MBA. Students who have passed Class 12 from a recognised board can apply. Also, students of class 11 can apply and appear in the entrance exams.
- At the postgraduate level, the candidate can opt for courses like Master of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM). Students who have completed their graduation or are in their final year of graduation are eligible to apply.
- At the PG Diploma level, a candidate who has completed his or her graduation or some diploma course can apply. Both should be in the related field only. In this level, students need to appear in an entrance Examination followed by a Personal Interview is also conducted for admission.
- At Diploma level, no entrance exam is required.
Q. What's next after MBA?
A. Candidates can either opt fo job options or pursue DBA (Doctor of Business Administration).
The DBA is a terminal professional degree designed for individuals who aspire to pursue advanced careers in business, management, or leadership. DBA is similar to a PhD in Business Administration in that it represents the highest level of academic achievement in the field, but it has a more practical and professional focus.
Unlike a PhD, which emphasizes academic research and theory, the DBA is primarily practice-oriented. It is designed for senior executives, business leaders, and experienced professionals who want to apply advanced business knowledge and research directly to practical, real-world situations.
Q. What is the salary of a Bachelor in Business Management?
A. The annual salary of a Bachelor in Business Management (BBM) or Bachelor of Business Administration (BBA) graduate in India can vary significantly based on several factors, including the university or institution from which you graduate, your specialization, the industry, the location of your job, and your level of experience.
Below is a general idea of salary ranges for BBM or BBA graduates in India at different career stages:
- Entry-Level: INR 2.5 - 6 LPA
- Mid-Level: INR 5 - 12 LPA
- Senior-Level: INR 10 - 20 LPA
Q. What is the MBA full form?
A.The MBA full form is Master of Business Administration.
The MBA is a 2-year postgraduate degree that focuses on various aspects of business, including management, leadership, finance, marketing, operations, and more.
MBA is a widely recognized and highly regarded qualification that prepares individuals for leadership roles in the business world and offers opportunities for career advancement.
Q. What is the full form of BBA?
A. The full form of BBA is Bachelor of Business Administration.
BBA is an undergraduate degree program that provides a foundational education in various aspects of business, including management, finance, marketing, human resources, and operations. BBA is designed to prepare students for entry-level positions in the business world or for further studies in business and management at the graduate level, such as pursuing an MBA (Master of Business Administration).
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