Topic We Cover: Business & Management Courses
1. What is Business & Management Studies?
2. Business Management Eligibility and Top Entrance Exams
3. Business Management Top Entrance Exams
4. Business Management Courses and Specializations
5. Business Management Subjects and Syllabus
6. Popular Private Business & Management Studies Colleges/ Universities in India
7. Popular Government Business & Management Studies Colleges/ Universities in India
8. Placement Opportunities after Business & Management Studies Course
9. Skillset Requirements
10. Diploma in Business Management: Career Prospects
11. Scope of Business & Management Studies
What is Business & Management Studies?
Business Management is that branch of education which provides knowledge and training pertaining to planning, execution, supervision and analysis of a business enterprise. In this field of education, one learns about the establishment of a company or an organization, and various functional levels such as production, financial, administrative, human resources, sales & marketing and others.
Business Management is open to students from all streams – Commerce, Science and Arts – and can be pursued at undergraduate (BBA/BMS), postgraduate (MBA/PGDM) and doctoral (FPM) levels.
After completing a Business Management Degree Course, the career-scope in this field is vast with a variety of managerial jobs on offer at junior as well as senior level. After successfully finishing an undergraduate course, a candidate is hired as an executive across functional areas and a candidate is hired at managerial level after finishing a post-graduate course in business management.
Business Management Eligibility and Top Entrance Exams
Business Management is divided broadly into two levels: Undergraduate and Post Graduate.
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. At the postgraduate level, the candidate can opt for courses like Master of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM).
Check below Business Management Eligibility Criteria for BBA and MBA:
BBA |
MBA |
Class 12th pass or equivalent from a recognized board or university |
Graduate in any stream or equivalent from a recognized university |
Students in class 11th are also eligible to apply for entrance test conducted for BBA admission. |
Candidates in final year of graduation are also eligible to apply for entrance tests conducted for MBA admission. |
Business Management Top Entrance Exams
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 list top BBA and MBA Entrance Exams below:
Popular Exams for Business & Management Studies Colleges in India
Students who want to get admission to the Business & Management Studies Colleges in India are required to clear various national/ state/ university/ college-level entrance exams. The popular exams with their complete names are as follows:
- MAT- Management Aptitude Test
- XAT - Xavier Aptitude Test
- CAT - Common Admission Test
- CMAT - Common Management Admission Test
- ATMA - AIMS Test for Management Admissions
- MAH CET- Maharashtra Common Entrance Test
- APICET- Andhra Pradesh Integrated Common Entrance Test
- TSICET- Telangana Integrated Common Entrance Test
- UPSEE- Uttar Pradesh State Entrance Examination
- KMAT - Karnataka Management Aptitude Test
- PGCET Karnataka - Karnataka Post Graduate Common Entrance Test
- TANCET MBA- Tamil Nadu Common Entrance Test MBA
- NMAT- NMAT by GMAC
- OJEE - Odisha Joint Entrance Examination
- GATE - Graduate Aptitude Test in Engineering
- JEMAT - Joint Entrance Management Aptitude Test
- IPU CET-Indraprastha University Common Entrance Test
- SNAP - Symbiosis National Aptitude Test
- TANCET- Tamil Nadu Common Entrance Test
- JEE Main- Joint Entrance Examination – Main
- UKSEE- Uttarakhand State Entrance Examination
- UGAT - Under Graduate Aptitude Test
- RMAT - Research Management Aptitude Test
- MPMET - Madhya Pradesh Management Entrance Test
- KMAT Kerala- Kerala Management Admission Test
- HPCET- Himachal Pradesh Combined Entrance Test
- NMIMS - NPAT- NMIMS Programmes After Twelfth
- UGC NET- National Eligibility Test
- IBSAT- ICFAI Business Studies Aptitude Test
- JET- Joint Employment Test
- BMAT - BioMedical Admissions Test
- IIFT - Indian Institute of Foreign Trade
- ACET - Actuarial Common Entrance Test
- MET- Manipal Entrance Test
- GCET - Goa Common Entrance Test
- CLAT - Common Law Admission Test
- HPU MAT- Himachal Pradesh Univ. Mgmt. Aptitude Test
Business Management Courses and Specializations
Business Management Courses are available at UG, PG, PhD levels in regular as well as Distance-Education Mode. They 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 |
BBA/BMS |
MBA |
FPM |
BBM |
Executive MBA |
PhD |
Integrated MBA |
Distance MBA |
MDP |
BBA LLB |
Part-Time MBA/Online MBA |
Certificate courses in Business Management |
BBA Specializations
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 |
MBA Specializations
Finance |
Infrastructure |
Marketing |
International Business |
Sales |
Disaster Management |
Human Resources |
Energy & Environment |
Operations |
Import & Export |
Product |
IT & Systems |
Business Analytics |
Healthcare & Hospital |
Digital Marketing |
Business Economics |
Entrepreneurship |
Agriculture & Food Business |
Advertising |
Materials Management |
NGO Management |
Oil & Gas |
Pharma |
Retail |
Project Management |
Rural Management |
Sports Management |
Supply Chain |
Telecom |
Textile Management |
Transport & Logistics |
Forestry |
Public Policy |
Hospitality |
Business Management Subjects and Syllabus
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 Specializations are taught. Given below is the list of core subjects and topics taught in BBA and MBA.
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BBA syllabus:
Principles of Management |
Understanding Industry and Markets |
Business Economics |
Entrepreneurship |
Personnel Management & Industry Relations |
Commercial Bank Management |
Business Laws |
Digital Marketing |
Introduction to Sociology |
Quantitative Methods |
Essentials of Marketing |
Export/ Import Management |
MIS / Systems Design |
Financial & Commodity Derivatives |
Strategy |
Production & Material Management |
Sales & Distribution Management |
Business Data Processing |
Manufacture Planning and Control |
Business Analytics |
E-Commerce |
Organisational Behaviour |
Family Business Management |
Human Resource Management |
Project Management |
Leadership and Ethics |
Industrial Relations and Labour Legislation |
International Business Management |
Business Mathematics & Statics |
Security Analysis |
Financial & Management Accounting |
Retail Management |
Marketing Management |
Computer Applications |
Introduction to Psychology |
PR Management |
Micro Economics |
Financial Modelling using spreadsheets |
Consumer Behaviour |
Corporate Strategic Management |
Introduction to Operations Research |
|
MBA Syllabus
Organizational Behaviour |
Business Ethics & Corporate Social Responsibility |
Quantitative Methods |
Legal Environment of Business |
Managerial Economics |
Strategic Analysis |
Financial Accounting |
Elective Course |
Marketing Management |
Operation Management |
Human Resource Management |
Marketing Research |
Business Communication |
Management of Information System |
Information Technology Management |
Organization Effectiveness and Change |
Management Science |
Project Study |
Economic Environment of Business |
Strategic Management |
Financial Management |
International Business Environment |
Management Accounting |
Elective Course |
Popular Private Business & Management Studies Colleges/ Universities in India
S. No. |
Colleges |
Location |
Total Fees (Rs) |
1. |
Noida |
2.4-20.89 L |
|
2. |
KJ Somaiya Institute of Management |
Mumbai |
2.97-14.93 L |
3. |
Jagan Institute of Management Studies (JIMS Rohini) |
Delhi |
2.64-7.7 L |
4. |
World Peace University – MIT WPU |
Pune |
3-75 L |
5. |
KIIT School of Management, Kalinga Institute of Industrial Technology |
Bhubaneswar |
85 K-13.6 L |
6. |
Ahmedabad |
3.04-12.6 L |
|
7. |
Thiagarjar School of Management |
Madurai |
8.27-8.67 L |
8. |
Loyola College |
Chennai |
- |
9. |
AISECT University |
Hazaribagh |
17.95-91.55 K |
10. |
Amity Business School, Noida |
Noida |
3.15-13.44 L |
11. |
International School of Management and Research (ISMR) |
Pune |
5-6.5 L |
12. |
Jaipur |
4.25-8.55 L |
|
13. |
Amrita School of Business, Coimbatore |
Coimbatore |
10.6 L |
14. |
LPU - Lovely Professional University |
Jalandhar |
1.62-9.41 L |
15. |
Institute of Public Enterprise (IPE, Hyderabad) |
Hyderabad |
3.8-8.15 L |
Popular Government Business & Management Studies Colleges/ Universities in India
S. No. |
Colleges |
Location |
Total Fees (Rs) |
1. |
Indian Institute of Management (IIM Ahmedabad) |
Ahmedabad |
1.57-28 L |
2. |
Delhi |
18.9-58.9 K |
|
3. |
Indian Institute of Management (IIM Bangalore) |
Bangalore |
14-21.7 L |
4. |
Faculty of Management Studies (FMS), Delhi University |
Delhi |
20.96-1.02 L |
5. |
Indian Institute of Management (IIM Calcutta) |
Kolkata |
1.6-22 L |
6. |
Indian Institute of Management (IIM Lucknow) |
Lucknow |
4.72-11.76 L |
7. |
IIM Indore - Indian Institute of Management |
Indore |
2.95-26 L |
8. |
Roorkee |
35.56 K-6.23 L |
|
9. |
IIM Kozhikode - Indian Institute of Management |
Kozhikode |
2.2-22.52 L |
10. |
NITIE Mumbai - National Institute of Industrial Engineering |
Mumbai |
6.63-14.63 L |
11. |
Allahabad |
2.71-6.65 L |
|
12. |
CEG - College of Engineering Guindy, Anna University |
Chennai |
47.5-97.5 K |
13. |
NIT Trichy - National Institute of Technology |
Tiruchirappalli |
2.53 L |
14. |
PSG College of Technology - PSGCT |
Coimbatore |
92 K-1.38 L |
15. |
IHM Delhi - Institute of Hotel Management, Catering & Nutrition |
Delhi |
1.99 L |
Placement Opportunities after Business & Management Studies Course
Business & Management Studies Colleges in India provide many placement opportunities to students based on their level and field of study. Placement drives are organized for students to work in the corporate world after completion of the course. During the campus placement, the colleges and the companies work collaboratively to make the drive successful by placing the maximum number of students set a few rounds for the students that the latter have to clear to get the desired job.
The salary range varies for individuals depending on their skills and experience. For Instance, the average salary offered to Management Trainee is around Rs 3-4 LPA whereas an Assistant Manager earns around Rs 6-7 LPA.
Some of the colleges offering Business & Management Studies courses in India with their placement ratings (based on student’s reviews on Shiksha.com) and top recruiters are tabulated below:
S. No. |
Institutes |
Placement Ratings (Based on reviews) |
Top Recruiters |
1. |
5.0 |
Wipro, HCL, Infosys, Deloitte, PWC, RBS, Goldman Sachs, Amazon, Facebook and so on |
|
2. |
St. Xavier’s PG College |
5.0 |
ACCENTURE, CapGemini, Career Launcher, Cognizant, CSC India, Dell, Deloitte, Genpact, HDFC Bank, IBM, Tech Mahindra, Wipro and so on |
3. |
Jagannath Institute of Management Sciences, Delhi |
4.3 |
Wipro, TCS, HCL, RBS, Tommy Hilfiger, IBM and so on |
4 |
Symbiosis Institute of Digital and Telecom Management (SIDTM), Pune |
4.3 |
EY, Deloitte, Hughes Systique Corporation, Paytm and so on |
5. |
4.1 |
Adidas, Aditya Birla Group, Lifestyle, Louis Vuitton, Pantaloon, Carlton, Da Milano, Tommy Hilfiger, Zara and so on |
Almost all the business enterprises, non-profit organisations, and government bodies hire Business Management graduates in various capacities. Some of the prominent names are:
- Accenture
- Genpact
- TCS
- HCL Technologies
- International Business Machines [IBM] Corp
- Kotak Mahindra Bank
- Adecco PeopleOne India
- ABC Consultants
- Hindustan Unilever (HLL)
- Pepsi Foods
- Nestle India
- Hindustan Coca-Cola India
Skillset Requirements
The individuals require different types of skills for a Career in Management. Some of these skills are given below:
- Communication skills
- Interpersonal skills
- Negotiation
- Organisation
- Forward Planning
- Leadership
- Initiative
- Risk-taking
- Creative problem-solving
- Decision-making
- Conceptual skills
- Delegation
- Motivating
- Networking
- Time management
- Project management
- Attention to detail
- Ability to work under pressure
- Innovative thinking
Diploma in Business Management: Career Prospects
Candidates from Management Professionals are needed for both private and government organization. Managers guarantee effortless working environment of any association, organization, or industry. Managers deal with everyday operations, human asset administration, bookkeeping and fund exercises occurring in organizations and associations.
Candidates may secure entry level administrative and managerial job openings at a huge number of organizations, companies, business houses and industries.
JOB POSITION |
DESCRIPTION OF JOB |
AVG. SALARY (in INR) |
Production Manager |
Product Manager is answerable for employment issues, organizing the business, and finance in an organization. They also develop products by conducting market research. Generates requirement of product, pricing and time plans, specifications for product introduction and formulating marketing strategies. |
7 to 8 Lacs |
Marketing Manager |
To attract new clients and existing clients, Marketing Manager is responsible for creating, developing, implementing, and start the strategic marketing plans for a company. |
6 to 7 Lacs |
Business Management Executive |
Business Management Executive is responsible to overseeing the activities of employees, train, hire and find new employees and assure that an organization is on the way to meet its financial goals. |
2 to 3 Lacs |
Finance manager |
Finance Manager are responsible for develop strategies or plans, financial reports, and direct investment activities for long term financial goals of an organization. They are looking for financial health of an organization. |
Between 8 to 9 Lacs |
Business Analyst |
A business Analyst is in charge for analyzing of an organization and a business domain, and business documents or systems and processes to assessing the business model. |
7 to 8 Lacs |
Scope of Business & Management Studies
There is a huge scope for Business & Management Studies courses in India and overseas. The basic functions of a Business Manager are to do the planning, organizing and controlling all the business processes. Therefore, Business Managers have numerous career options in both the public and private sectors. They get several opportunities in banks, financial institutions, corporate houses, government departments, and so on. Business & Management Studies is a dynamic field as it offers various aspects of business including finance, information system, operations management, dealings with the external world and so on.
One can also start the business in any competitive environment after completing this course. It enables individuals to apply business strategies in the right manner and take management-level decisions to ensure its profitability. Also, there are several branches of management that the aspirants can opt for to specialize in one field as per their interest such as production, marketing, etc.
To upgrade the skills, one can also pursue several Short-Term Courses according to their interest or specialization. Some of the job-oriented short-term courses are listed below:
- Product Management Certification Programme
- Business Analytics Certification Programme
- Certified Financial Planner (Certification Course)
- PG Certification in Digital Marketing and Communication
- Certification in Business Development
- Certification in Project Management
- Graduate Diploma in Law
A Business & Management Studies Degree holder can also pursue a career in media, marketing, and advertising, human resources and so on. Some of the job profiles that the individuals can look for after completing the Business & Management Studies course are as follows:
- Management Trainee
- Sales Representative
- Manager
- Assistant Manager
- Financial Analyst
- Business Analyst
- Marketing Executive/ Manager
- Quality Specialist
- Assistant Professor
- Teacher or Lecturer
- Business Development Manager
- Operations Manager
- Executive Assistant
- Marketing Coordinator
- Account Manager
- Business Consultant
- Quality Assurance Analyst
- Delivery Manager
- Business Operations Manager
- Human Resource Manager