What is Business Management Studies
Business Management Studies is an educational branch that deals with the academic knowledge and training to plan, execute, supervise and analyse a business enterprise. In this programme one gets a complete training of establishing a company or organisation that sells either product or services to generate business. It involves production, financial department, administration, sales and marketing, human resources and other functional departments.
One can specialise in various degree, diploma and certification courses in business management studies. A student from any 10+2 academic background commerce, science or arts can further pursue a BBA or BMS. Similarly graduates of any academic background can pursue MBA or PGDM.
Business Management Studies Highlights
Business Management Studies
BBA: 3 years
BMS: 3 years
Diploma in Management (DM): 6 months, 1 year or 2 year
MBA: 2 years
PGDM: 2 years
BBA, BMS, Diploma in Management: 10+2
MBA, PGDM: 10+2+3 or 10+2+3+4
BBA,BMS, Diploma in Management (Entrance test / Cut off)
MBA, PGDM (Entrance test / Cut off)
Top Entrance Exams:
BBA/ BMS: Rs.30000 to Rs. 700000
MBA: Rs. 1500,000 to Rs. 28,00,000
PGDM: Rs. 300,000 to Rs. 2,000,000
IIM Lucknow, IIM Indore, IIM Ahmedabad, IIM Bangalore
Human Resource Manager, Sales Manager, Product Manager
Rs. 400,000 to Rs. 20,00,000 per annum
Tata Consultancy Services Limited, Accenture, E&Y (Ernst and Young), HDFC Bank Pvt. Ltd., and Amazon.
There are a variety of specialisations offered in business management studies. You can specialise in one particular business or industry be it the aeronautical industry or food processing industry.
specialise in one particular business or industry be it aeronautical industry or food processing as well.
BBA in Sales and Marketing
BBA in Entrepreneurship
BBA in Human Resource
BBA in Logistics Management
BBA in Finance
BBA in International Business
Eligibility Criteria (UG & PG) of Business Management Studies
The eligibility criteria for enrollment in business management studies varies from college to college. We have provided below eligibility criteria of both undergraduate and business management studies courses.
Business Management Studies Undergraduate Courses
There are numerous colleges in India that offer undergraduate business management courses in India. We have provided below details of the admission process and eligibility criteria for undergraduate business management courses.
Students seeking admission in undergraduate business management courses are required to successfully complete 10+2.
Completion of 10+2 in any subjects with a minimum of 50 percent of marks is mandatory.
Students may appear in the entrance examinations conducted by various universities to provide admissions in undergraduate business management studies courses.
Top Undergraduate Business Management Entrance Examinations
IPU CET: IPU CET is abbreviation for Indraprastha University Common Entrance Test. It is a university entrance test conducted each year to provide admissions to students in various undergraduate and postgraduate courses running in Indraprastha University.
AMU AT: AMU AT stands for Aligarh Muslim University Admission Test. It is a university level entrance examination. Aligarh Muslim University is on e of the renowned government universities in India. AMU AT is conducted to provide admissions to eligible students in various courses running in Aligarh Muslim University.
NPAT: NPAT stands for National Test for Programs after Twelfth. It is a university level entrance examination conducted by Narsee Monjee Institute of Management Studies. Students who qualify the NPAT are provided with admissions in various undergraduate and integrated postgraduate management courses.
Business Management Studies Postgraduate Courses
The admission process and eligibility criteria to postgraduate business management courses varies. The admission is usually provided on the basis of the candidates' performance in the entrance examination.
Students who want to enroll in a postgraduate business management studies course are required to complete an undergraduate 10+2+3 or 10+2+3+4 course.
Candidates must score at least 50 per cent of marks in an undergraduate programme.
They must appear in entrance examinations such as CAT, XAT, MAT, CMAT SNAP and other management entrance examinations.
Top Postgraduate Business Management Entrance Examinations
CAT: CAT stands for Common Admission Test. It is an aptitude test that provides admission in 20 IIMS and around 1200 business schools. CAT is designed to test the verbal ability, reading comprehension, data interpretation, logical reasoning and quantitative ability of candidates. It includes both types of questions MCQs and non MCQs.
XAT: XAT is an abbreviation of Xavier Aptitude Test. It is conducted to provide admissions to eligible students in MBA and PGDM courses running in Xavier School of Management. The XAT score is considered for providing admissions in around 150 MBA colleges in India.
MAT: MAT is a short form of Management Admission Test. It is a national level management entrance examination conducted to provide admissions in MBA and PGDM courses. It is conducted by All India Management Association. It is conducted in offline, online and proctored mode.
SNAP: SNAP is the abbreviation of Symbiosis National Aptitude Test. It is a university level entrance test conducted online to provide admissions in MBA course running in Symbiosis International (Deemed) University. It provides admissions in MBA courses running in 16 Symbiosis Institutes affiliated to Symbiosis International (Deemed) University.
Scope of Business Management Studies in India and Abroad
There is a huge scope in business management courses. One may find endless opportunities after successfully graduating from a business management studies course. Individuals who complete post graduation in business management are directly hired at managerial positions instead starting from an executive level.
Course Fees Business Management Studies
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The business management studies syllabus may vary from college to college. We have provided below the BBA syllabus of Bundelkhand University, Jhansi.
Principles & Practice of Management
Profit Planning & Control
Business Finance - I
Sales & Distribution Management
Business Finance - II
Management Information System
Corporate Planning & Strategic Management
Banking Law & Practice
Marketing of Services
Advertising & Public Relations
Financial Institutions and Markets
Human Resources Development
Summer Training Report
The academic business management studies syllabus may vary from college to college. We have provided below the MBA syllabus of Delhi University.
Organization Effectiveness and Change
Economic Environment of Business
Human Resource Management
Production and Operation Management
Information Technology Management
Management of Information System
Business Ethics & Corporate Social Responsibility
Legal Environment of Business
International Business Environment
Note: In both third and fourth semesters, students are required to select at least five elective subjects in each.
Quantitative Analysis of Financial Decisions
Security Analysis and Investment Management
International Financial Management
Management of Financial Services
Sales Force Management
Management Control System
Sales Promotion Management
Project Planning, Analysis and Management
Fixed Income Securities
Advanced Research Techniques in Marketing
OB & HRM
Production & Operations Management
Management of Industrial Relations
Advanced Operations Management
Human Resource Planning and Development
Manpower Development for Technological Change
Total Quality Management
Cross Cultural and Global Management
Environment and Safety Management
Training and Development
Modelling in Supply Chain Management
Managing Interpersonal and Group Processes
Decision Models and Optimization
Quantitative Analysis of Risk and Uncertainty
Counselling Skills for Managers
Production Planning and Control
Human Resource Development: Strategies and Systems
Supply Chain Management
Leadership, Power & Politics
Technology, Innovation and New Product Management
Negotiation, Persuasion and Social Influence Skills
Personal Power & Leadership through Asian Values
Information Technology Management
Entrepreneurship, Creativity and Innovation
Business Process Re-Engineering
System Analysis and Design
Family Business and Entrepreneurship
Strategic Management of Information Technology
Financing the Entrepreneurial Business
Database Management Systems
Managing the Growing Business
Managing IT-Enabled Services
Network Operations, Management & Security
Management of NGOs
Hospitality Operations Management
Civil Aviation Management
Service Operations Management
Total Service Quality Management
Careers in Business Management Studies
There are numerous career opportunities for individuals who are pursuing business management studies. We have provided below a list of major career options that aspiring candidates may pursue after completion of a business management studies course.
A brand manager is a professional responsible for developing brand strategy and oversees various business functions including product development, online-offline promotions, communication channel, market research and branding as well.
A human resource manager is a professional responsible for overseeing the human resource department and ensuring tasks are efficiently carried out by the human resource team. He or she ensures effective coordination between the company’s management and employees. A HR manager sees other crucial activities such as recruitment, interviewing and hiring candidates.
A product development manager is responsible for market research for new ideas to develop a project or make some interesting changes in the existing product. He or she is involved in the conceptualisation of the new product to its launch in the market. A product development manager also evaluates the technical feasibility and provides assistance in the design optimisations.
A sales manager is a sales professional responsible for the management of the sales department. He or she assigns sales targets to sales executives and monitors their performance. A sales manager provides the training to the sales team to improve sales targets.
A supply chain manager is a professional involved in the management of production flow. He or she oversees the purchasing of raw material to the delivery of final product.He or she coordinates the storage of product and organises the movement of goods from warehouses, distribution centres to stores and customers.
Emotional Intelligence: In the wake of COVID-19, when the work has been shifted to homes, emotional intelligence is highly demanded in the managers to bring the best out of them. They are required to navigate team members’ behaviour and feelings.
Ethical Management: The number of millennials in the workforce is continuing to grow. The generation is looking for organisations that reflect their ethics and thinking in their functioning.
Inclusive Leadership: Inclusive leadership is crucial for innovation. People might have diverse perspectives. An innovative company provides space to everyone’ s expression, ideas and feelings. It involves giving everyone a voice of opinion from executive to entry-level employees.
Job Profiles and Top Recruiters
There are ample job opportunities in the market for business management studies graduates and hence there are ample number of recruiters. We have provided below a list of top business management studies recruiters.
Hyundai Motor India Ltd.
Mahindra and Mahindra Ltd.
EY (Ernst and Young)
Tata Consultancy Services Ltd.
Average Salary after Business Management Studies
The salary varies depending on the specialisations of individuals. We have provided below a salary chart for various managerial positions in the industry that one may take after graduating from a postgraduate business management studies degree.
Human Resource Manager
Product Development Manager
Supply Chain Manager
The above salary figures are based on the payscale.com data.
Required Skillset for Business Management Studies
Enrolling in a business management studies course provides you with the training and knowledge of planning, executing and controlling a business. To run the business of the company or manage the functioning of its departments, you’ll need several skills. We have provided below the major skills that you will learn in the business management studies course and advance them by their regular application in the work environment.
Decision Making Skills
Problem Solving Skills
Critical Thinking Skills
Course Curriculum for Business Management Studies
The academic curriculum of business management studies varies from institution to institution. The course is designed to provide students with managerial skills, management efficiency and productivity. Business management studies aim to build competence in the corporate world.
Students enrolled in the business management studies course learn about the basic concepts behind the structure of a business and its varying functions of various departments that lead towards the success of the business with efficiency and productivity. It imparts the knowledge of human resource management, labor relations and employee retention.
Top Business Management Studies Colleges in India
There are numerous business management studies courses in India. Aspiring individuals seeking admission to these colleges are required to fulfil the minimum eligibility criteria. The business management course admission process may vary from college to college. We have provided below a list of top business management studies colleges in India.
Also read - Top MBA Colleges in India
Top Private Business Management Studies Colleges in India
If you are seeking admission in a private business school, you may check the list given below. It has included the top private business management studies colleges.
Also read - Top Private MBA Colleges in India
Top Govt. Business Management Studies Colleges in India
There are various government colleges that offer admission in business management studies courses. The admission process in these business schools may vary from each other. We have provided below a list of top government business management studies colleges.
Also read - Top Government MBA Colleges in India
Top Business Management Colleges in States
There are numerous colleges in India that offer business management courses. The admission process, academic curriculum and fee may vary from college to college. We have provided the list of top business management colleges in the states.
Popular Business Management Studies Entrance Exams in India
Popular Business Management Studies Colleges in India VIEW ALL
Frequently Asked Questions (FAQs)
Question: What is the average salary offered to MBA graduates?
The average salary offered to MBA graduates ranges Rs. 500,000 to Rs.800,000.
Question: What is the average salary offered to BBA graduates?
The average salary offered to BBA graduates ranges Rs. 400,000 to Rs. 700,000.
Question: What are various business management studies courses?
There are various business management courses such as BMS (Bachelor of Management Studies), BBA (Bachelor of Business Administration), Diploma in business management, MBA (Master of Business Administration), MMS (Master of Management Studies) and PGDM (Postgraduate Diploma in Management).
Question: What are the top recruiters of graduates of business management studies course?
Top recruiters of business management studies graduates are Tata Consultancy Services Limited, Accenture, E&Y (Ernst and Young), HDFC Bank Pvt. Ltd., and Amazon.
Question: What is the minimum required educational qualification for undergraduate business management studies courses?
Individuals are required to successfully complete 10+2 in any subjects from a recognised board to enroll in an undergraduate business management studies course.
Question: What is the average salary of the manager?
The average salary of a manager in India is Rs. 13,00,000, according to Glassdoor.com.
Question: What are the top entrance examinations for MBA admissions?
The top entrance examinations for MBA admissions are CAT, MAT, XAT, XMAT and SNAP.
Question: What is the average fee of a business management studies course?
The fee varies from institution to institution. The average fee of undergraduate business management studies courses is Rs. 300,000 to 700,000 and postgraduate business management courses is Rs. 300,000 to 28,00,000.