Remember the lavish and classy apartment Farhan Akhtar resided in Rock On or the posh Ferrari that Hritik Roshan drove in Zindagi na Milegi Dobara? You must be wondering why you are being asked such weird questions! Here’s the point: do you remember the onscreen profession of these characters in the movie? Both these guys worked as successful investment bankers. Yes, investment banking, stock broking, marketing professional, and many such smart and interesting career alternatives will be waiting for you, once you choose to pursue your higher studies in business management.
Today business forms the lifeline of the world’ economy, thus it is extremely essential that all aspects of business needs to be managed with experts hands. Experts are not always born. They acquire knowledge and skill through study and practice over the years. In order to be a business expert you need to surpass several milestones in order to reach your final destination and this is where you start off - an undergraduate degree in business management from a reputed B-school. Again, getting into a reputed Business Management school is not easy and one has to combine speed, skill and intelligence to crack through the rigorous admission process. So guys read on if you want to be part of the glamorous corporate management world.
Today business forms the lifeline of the world’ economy, thus it is extremely essential that all aspects of business needs to be managed with experts hands. Experts are not always born. They acquire knowledge and skill through study and practice over the years. In order to be a business expert you need to surpass several milestones in order to reach your final destination and this is where you start off - an undergraduate degree in business management from a reputed B-school. Again, getting into a reputed Business Management school is not easy and one has to combine speed, skill and intelligence to crack through the rigorous admission process. So guys read on if you want to be part of the glamorous corporate management world.
Choosing the right country and the right B-school is a big job. Today there are huge options both in India and abroad, and so it is important to explore them thoroughly before you take a final decision.
Following are some of the best countries as well as colleges where you can pursue and complete a course in Business Management successfully:
U.S.A. - In the U.S., these courses are offered as Bachelor of Sciences or Bachelor of Arts. These are generally for a duration of 4 years and the fee structure ranges from $20000-50000 per year depending on the colleges and the universities. The most important aspect of pursuing Bachelors in Business Studies from any of the leading colleges in USA is to know the application procedure of colleges in which you want to apply; weight age is given to your 10+2 results as well as the IELTS score. Some of the top known colleges are listed below:
Following are some of the best countries as well as colleges where you can pursue and complete a course in Business Management successfully:
U.S.A. - In the U.S., these courses are offered as Bachelor of Sciences or Bachelor of Arts. These are generally for a duration of 4 years and the fee structure ranges from $20000-50000 per year depending on the colleges and the universities. The most important aspect of pursuing Bachelors in Business Studies from any of the leading colleges in USA is to know the application procedure of colleges in which you want to apply; weight age is given to your 10+2 results as well as the IELTS score. Some of the top known colleges are listed below:
- Harvard University
- Stanford University
- University of Pennsylvania
- Sloan University
- Kellogg University
- University of Chicago
U.K. - There are various institutes and universities based in and out of London which offers undergraduate courses on Business Management. Most of these institutes offer a full time 3 year’s course, and fees structure ranges from £5000-20000 per year depending on the colleges and the universities. Some of the well known institutes are:
- Brunel University
- City University London
- Coventry University, London
- Regents College, London
- Kingston University, London
- London Metropolitan University
- Warwick Business School
Most of these institutes would require you to have good IELTS score (at least 6.5).
Singapore - The undergraduate management programmes in Singapore are for a duration of 4 years and the fee structure ranges from SGD $ 15000-40000 for the entire course depending on the colleges and the universities. Students are required to complete at least 12 years of schooling before applying for these courses. Also most of the universities in Singapore require an IELTS score of 6 or above and a TOEFL score of 550 and above. Also most of the universities mandate successful completion of 2 years of full time study in English medium. Some of the prominent institutes in Singapore include:
Singapore - The undergraduate management programmes in Singapore are for a duration of 4 years and the fee structure ranges from SGD $ 15000-40000 for the entire course depending on the colleges and the universities. Students are required to complete at least 12 years of schooling before applying for these courses. Also most of the universities in Singapore require an IELTS score of 6 or above and a TOEFL score of 550 and above. Also most of the universities mandate successful completion of 2 years of full time study in English medium. Some of the prominent institutes in Singapore include:
- NUS Singapore
- Management Development Institute of Singapore
- Singapore Institute of Management
- JCU Singapore
- SGP International Management Academy
- Shelton College Singapore
India - Undergraduate studies in Business Management are recognised with four major course names in India, viz. BBM (Bachelors in Business Management), BMS (Bachelor of Management Studies), BBS (Bachelor of Business Studies) and BBA (Bachelor of Business Administration). Generally all top BBA colleges in India provide full time 3 year’s course, and fees structure ranges from Rs.20000-60000 per semester depending on the colleges and the universities. There are a large number of colleges in India in cities like Delhi, Chandigarh, Chennai, Bangalore, Hyderabad, Mumbai and Pune. However, the top institutes and universities in India of national prominence include:
- St. Xavier’s College in Kolkata
- Loyola College in Chennai
- Christ University in Bangalore
- International Management Centre in New Delhi
- Apeejay School of Management in New Delhi
- Amity University's School of Business Management in Noida.
For most of the Government Colleges, you would be required to clear the Common Entrance Examination. The Private Colleges like Amity might require you to sit for their separate examination. Based on the scores of such entrance test the candidate is selected for a course.
People studying business management will most likely develop very strong management skills. During your course of study you will be trained in the following subjects mentioned below:
- Marketing
- Economics
- Operations and project management
- Human resource
- Financial Management
- Organisational Behaviour
- Strategic Management
- International Business
- Management Information System
- Business and Corporate Law
- Accountancy
Apart from the above mentioned academic subjects you will be trained to enhance your soft skills, personality, presentation and public speaking skills. Thus, a degree in management will not only enlighten you knowledge base but will also help you transform into a full grown professional, ready to face the competition and indefinite challenges of today’s business world.
There are lots of international opportunities especially if one completes the course abroad. Globalisation of business has resulted in opening up immense opportunities for business management graduates both within and outside India. As already mentioned, there are several universities all over the world that offers remarkable campus placements. Thus, as you complete your course you are sure to find yourself placed at your dream job.
Business houses are always in need of good managers with strong business insight and thus there is no dearth of opportunity in this field. This fact justifies the huge demand of business management graduates all across the world. Companies do hire management trainees and provide them on- the- job trainings to create seasoned professionals. You get to work with some international firms like Hewlett – Packard, Apple, Google, Boston Consulting Group, Reliance Group etc.
Business houses are always in need of good managers with strong business insight and thus there is no dearth of opportunity in this field. This fact justifies the huge demand of business management graduates all across the world. Companies do hire management trainees and provide them on- the- job trainings to create seasoned professionals. You get to work with some international firms like Hewlett – Packard, Apple, Google, Boston Consulting Group, Reliance Group etc.
As a business management graduate you might land up a job in a top notch MNC, or join your family business and take it to great heights, or start off your own venture and make it big. If you want to work for a firm, job options are many for a person with a bachelor's degree in business management or administration. These opportunities would depend on your specialisation and also on the prestige of the school you graduate from. In general, Bachelors in Business Administration would be helpful to getting a position in administrative jobs; from office management to administrative assistant, financial analyst to human resource executive, entry-level sales executive to junior marketing professionals, etc. You should note that in most cases students are not going to be senior-level managers the day they complete an undergraduate programme, rather you need to team it up with a post graduate degree in the same field in order to make it really big. However, a bachelor’s degree in business management is a great start to the golden path of success as a business professional.
The possible careers after completion of your course include:
The possible careers after completion of your course include:
- Sales manager
- Marketing manager
- Business consultant
- Financial analyst
- Human Resource Manager
A bachelor's degree in business management prepares you mainly for entry-level supervisory roles within various industries. As a business management graduate you get to work in fields, such as
- advertising
- marketing
- human resources
- finance
As a business management graduate you might mainly endeavour entrepreneurial opportunities but again there are huge opportunities in private sector companies as well. Here are some of the eminent brands you might get associated with:
- Tata group of Companies
- Reliance
- HSBC
- Unilever
- Microsoft
- Pricewaterhouse Coopers
- Barclays Bank
- Credit Suisse
- UBS
- Arcelor Mittal etc.
Dreaming of having your chain of coffee shops? Learn the art of business in a reputed B-school. It will help you to sustain in today’s world of huge competition and uncertainties when you start your own venture. Business management is synonymous to entrepreneurship. It teaches us the skills of managing and enterprising.
It is not necessary that after completing your degree in business you have to work for someone else. However, it is a good idea to first learn the tricks of the trade and then head towards starting your own firm. The experience in an established firm will help you evolve as a strong and successful manager with time. This is essential since to become a successful entrepreneur you require certain qualities which you can gain only through time and experience.
It is not necessary that after completing your degree in business you have to work for someone else. However, it is a good idea to first learn the tricks of the trade and then head towards starting your own firm. The experience in an established firm will help you evolve as a strong and successful manager with time. This is essential since to become a successful entrepreneur you require certain qualities which you can gain only through time and experience.
Business Management is a profession where returns are quite high. Corporate firms pay very high salaries to competent managers who can independently run a team, a process or a department.
| Experience in Years | Compensation per annum |
|---|---|
| 0 to 5 years | 1 lakh to 4 lakhs |
| 6 to 10 years | 5 to 11 lakhs |
| 11 to 15 years | 12 to 20 lakhs |
| 15 years | 20 lakhs and above |
Has it been a challenge for you to remember the dates and events of World War II? Did you always find balancing the chemical equations a tough job? Then I guess business management is the subject for you. Here you get to avoid subjects like History, Geography, Pure Maths or Science that had once given you sleepless nights. Rather you get to explore a new set of subjects like economics, accounts, human resource, marketing, etc. and these help to trigger the business acumen in you and also help you develop your entrepreneurial skills.
If for some reason you do not find BBA or BBM that interesting at the end of the programme, you might want to shift your base. You can choose from alternate careers like CA, CWA, CFA, CFP, mass communication, banking jobs, government jobs in departments like income tax, sales tax, excise etc. However, after getting a bachelors degree in management studies the best option is always to get an MBA.
If for some reason you do not find BBA or BBM that interesting at the end of the programme, you might want to shift your base. You can choose from alternate careers like CA, CWA, CFA, CFP, mass communication, banking jobs, government jobs in departments like income tax, sales tax, excise etc. However, after getting a bachelors degree in management studies the best option is always to get an MBA.
Advantages
- You get direct industrial exposure through the internship programme that is a mandatory part of the course. This way, you will have real time experience of the work you will do on an everyday basis.
- This course helps you to strengthen your business intuitions and also develop your entrepreneurial skills.
- As a business professional, you contribute towards the country and the society too.
- Above all, its gives you a fat pay check that helps you take care of all your material needs.
- The responsibilities assigned to you could be really challenging and critical as you will reside in the decision making circle. Therefore, learn to brace yourself as situations might not be that smooth always.
- Management in corporate world could be really taxing and one might be required to slog for hours as and when required.
- Too much of stress, anxiety and long hours of work can cause severe health hazards like.
Every day when you read the newspaper, or catch up on current affair, you are sure to come across names like – Chetan Bhagat, Arindam Chaudhary, Shiv Khera, Indra Nooyi and so on. They have charismatic personalities and have flamboyant public speaking skills, but what do they have in common in terms of their academics?
They are all Business Management Graduates.
Fame and success are part of their professional lives and parties, seminars, meetings are their daily schedules. They have the best brains to manage and run any global corporation. They are the business managers who can change lives of many around them. They hold the magic wand in their grip. Their charm and charisma is the key to their success. Thus, in order to be successful business personnel you need to nurture such qualities in you as well. Some of the important qualities that you should have in you are as follows:
They are all Business Management Graduates.
Fame and success are part of their professional lives and parties, seminars, meetings are their daily schedules. They have the best brains to manage and run any global corporation. They are the business managers who can change lives of many around them. They hold the magic wand in their grip. Their charm and charisma is the key to their success. Thus, in order to be successful business personnel you need to nurture such qualities in you as well. Some of the important qualities that you should have in you are as follows:
- Self Motivated
- Optimistic
- Reliability
- Leadership qualities
- Public speaking skills
- Flexibility
- Confidence
- Calmness
- Open mind to accept change
- Strong listening skills.
Most importantly learn to identify the risks and gains. Studying business management will equip you to discriminate between “stupid risk” and “calculated risk”. You will be able to foresee the odds in business and take precautionary measures accordingly. That’s the real job and utility of being a business management graduate.
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