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 organizing, analyzing, 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:
- 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:
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
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.
Doctoral and Other Courses
BBA Human Resource
BBA Banking and Insurance
BBA Information Technology
BBA Marketing & Sales
BBA Foreign Trade
BBA Tourism and Hospitality
BBA Family Business
BBA Organisational Management
BBA Digital Marketing
BBA International Business
Also read: Top Specializations in BBA
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.
Principles of Management
Understanding Industry and Markets
Personnel Management & Industry Relations
Commercial Bank Management
Introduction to Sociology
Essentials of Marketing
Export/ Import Management
MIS / Systems Design
Financial & Commodity Derivatives
Production & Material Management
Sales & Distribution Management
Business Data Processing
Manufacture Planning and Control
Family Business Management
Human Resource Management
Leadership and Ethics
Industrial Relations and Labour Legislation
International Business Management
Business Mathematics & Statics
Financial & Management Accounting
Introduction to Psychology
Financial Modelling using spreadsheets
Corporate Strategic Management
Introduction to Operations Research
Business Ethics & Corporate Social Responsibility
Legal Environment of Business
Human Resource Management
Management of Information System
Information Technology Management
Organization Effectiveness and Change
Economic Environment of Business
International Business Environment
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
Average Salary* (in Rs LPA)
3 and above
3 and above
8 and above
6 and above
4 and above
6 and above
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
SPJIMR – S.P. Jain Institute of Management and Research
Andheri West, Mumbai
NMIMS School of Business Management, Mumbai
Vile Parle West, Mumbai
SIBM Pune – Symbiosis Institute of Business Management
Lavale Village, Pune