BUSINESS & MANAGEMENT

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 organisation, 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…….

Career-scope after completing a business management degree course is huge with a variety of managerial jobs on offer at junior as well as senior level. After completing an undergraduate course, a candidate is hired as an executive across functional areas and after completing a post-graduate course in business management, a candidate is hired at managerial level. 

Business and Management are the disciplines devoted to organizinganalyzing, and planning various types of business operations. And if that sounds really general, that’s just because these fields cover a lot of ground!

These degree programs teach the fundamental skills that are required to efficiently run or manage a business. That’s why you’ll find Business and Management majors in every industry, in a variety of different types of jobs.

So, whether you want to work for a large corporation, or in a mom-and-pop shop, you can be confident that a degree in Business and Management will teach you the skills and theory you need for a successful career.

Want to learn more? Read our Business & Management homepage for all the answers.

Some degree types in this category, like Accounting or the Master’s in Business Administration (MBA), are so popular that we’ve created separate hubs for them. Check them out if you’re interested in either career path! Otherwise, read on to learn about the many benefits and opportunities that can come with a degree in Business and Management.

Fields of Study in Business & Management

The possible job titles for Business and Management majors are practically unlimited. They range from financial managers, who use their mathematical skills to generate financial forecasts, to marketing managers, who draw upon their creativity to manage advertising and sales efforts.

If you are interested in pursuing a degree in Business and Management, there are dozens of potential fields of study to choose from, including:

  • Advertising
  • Entrepreneurship
  • Hospitality Management
  • Information Systems Management
  • International Business
  • Nonprofit Management
  • Operations Management
  • Public Administration
  • Sales Management
  • Supply Chain Management

And if you’re looking for more of a non-specialized foundation in the principles of Business and Management, there are also general business degrees that don’t require you to choose a concentration.

Benefits of Business & Management Degrees

A degree in Business and Management will prepare you for a variety of different possible career paths – and with a degree in this field, you’ll always be in demand.

That’s because the skills you’ll gain in a Business and Management program are extremely transferrable, which means that they will be useful in many different industries. That gives you an amazing amount of flexibility if you decide that you want to shift to a different industry or role.

You’ll also have great earning potential with these degrees, especially if you complete a graduate program at a top school. Working in finance or as a chief executive, you could even end up taking home a six-figure salary with your Business and Management degree!

Future of Business & Management

Like many other fields, Business and Management is feeling the impact of technological advances. With big data and artificial intelligence allowing many tasks to be automated, the nature of business is changing every day.

But while most Business and Management specializations are not going to experience dramatic growth in the next decade, the outlook is generally positive according to projections from the Bureau of Labor Statistics. In fact, most job titles in business-related fields are expected to experience steadily increasing demand, keeping pace with the average rate of growth for all jobs.

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:

BBA entrance exams

MBA entrance exams

NPAT

CAT

UGAT

XAT

SET

CMAT

SUAT

SNAP

All BBA entrance exams

All MBA entrance exams

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

Also read: Top Specializations in BBA

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


Also Read: 
Top 5 specializations in India

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.

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

Business Management Jobs, Salary and Top Recruiters

  • 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.

  • Sales Representative: A Sales Representative’s job profile includes sale of goods and services, customer relations, maintaining record of current customers and bring in new customers.    

  • Marketing Executive: The job of a marketing executive is to devise plans to increase the reach of goods and services thereby increasing sales. Their job role includes performing tasks set by seniors, maintain records and help in strategizing and execution of marketing campaigns.

  • Manager: A manager’s job is to lead and oversee a team’s performance to increase company revenue. A business organization hires Managers for each department to plan, execute and maintain day to day functioning of a department, encourage the team in optimizing their performance and meet the targets within the deadline.

  • Assistant Manager: The job of an assistant manager is to assist the manager in smooth functioning of the department, perform some managerial tasks and oversee the team members on the manager’s behalf.

  • Financial Analyst: The job of a financial analyst is to explore and assess investment opportunities on behalf of an individual or a business enterprise. They advise investment in bonds, securities, mutual funds, bank, stocks, etc.

  • Business Analyst: The job of a business analyst includes analyzing the current status of a business, forecasting, outlining problems, finding out solutions, and budget planning for new projects. A business analyst acts as a business advisor of the stakeholder in helping him plan future projects.

Business Management Jobs: Average Salary

Job Profile

Average Salary* (in Rs LPA)

Management Trainee

3 and above

Sales Representative

3 and above

Manager

8 and above

Assistant Manager

6 and above

Financial Analyst

4 and above

Business Analyst

6 and above

*Source: Payscale.com

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 & Finance, Consultancy & Manufacturing.

Popular Business & Management Studies Colleges in India

Following are the most popular Business & Management Studies Colleges in India. Learn more about these Business & Management Studies colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
₹ 18.9 K – 58.9 K
₹ 10 LPA
4.72
 
7 Courses
₹ 1.57 L – 28 L
₹ 23.31 – 30 LPA
4.524
 
5 Courses
₹ 14 L – 21.7 L
₹ 22.5 – 23 LPA
4.822
 
3 Courses
₹ 20.96 K – 1.02 L
₹ 21.02 LPA
4.4115
 

Featured Colleges

SPJIMR – S.P. Jain Institute of Management and Research

Andheri West, Mumbai

Total Fees
₹ 25 K – 18.95 L
Course Rating
4.234

NMIMS School of Business Management, Mumbai

Vile Parle West, Mumbai

Total Fees
₹ 26 K – 20.84 L
Course Rating
4.2120

SIBM Pune – Symbiosis Institute of Business Management

Lavale Village, Pune

Total Fees
₹ 6.1 L – 17.26 L
Course Rating
4.475
26 Courses
₹ 1.6 L – 22 L
₹ 23.75 LPA
4.736
 
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