Diploma in Business Management Course, Admissions, Eligibility, Syllabus, Fees, Career
A Diploma in Business Management is a degree programme of one-year duration. In India, around 13 educational institutes offer this course, it prepares them for the ever-changing business world and provides them with the knowledge and insights into business concepts and procedures through the course of study.
The Diploma in Business Management prepares students in subjects such as accounting, sales, and management. This course is for students who desire to develop their careers in business or administration by developing skills and practical knowledge in the human resource department, marketing, risk management, and policies and operations.
To apply for the course, students need to fulfil the eligibility requirements, which may vary depending on the institute. Candidates need to check the website to find more information about the course details. The admission is mostly based on the merit score achieved by the candidates in the last qualifying examination.
Diploma in Business Management Course Details- Highlights
| Particulars | Values |
|---|---|
Degree Name | Diploma in Business Management |
Diploma in Business Management Course Level | Diploma |
Diploma in Business Management Course Duration | 1 year |
Diploma in Business Management Eligibility Criteria | 10+2 from a recognised institute in India |
Diploma in Business Management Admission Process | Direct admission or entrance examination of a particular college |
Diploma in Business Management Fees for the entire duration | Rs. 8,900 to Rs. 29,900 |
Average Salary | Rs. 9.6 LPA |
Job profiles | Business Analyst, Finance Manager, Financial Analyst, Operations Manager, Data Analyst |
Top recruiters | IDBI Bank, Hindustan Unilever Limited, Godrej, Morgan Stanley, Indiabulls, HDFC Bank, Bank of America, IBM |
Eligibility Criteria for Diploma in Business Management
The qualification requirements for a Diploma in Business Management vary depending on the institute. However, candidates can check these details either on the programme brochure or on the official website of the institute. In the table mentioned below, we have provided the eligibility details for the Diploma in Business Management.
| Eligibility Parameters | Details |
|---|---|
| Educational Qualification | 10+2 from a recognised institute in India from any stream (Commerce, Science, or Humanities) |
| Minimum aggregate score | 50 per cent in aggregate (5-10 per cent relaxation for candidates belonging to the reserved categories) |
Admission Process for Diploma in Business Management
The students need to follow the admission process carefully. It may vary depending on the institute. For diploma courses, many colleges provide admissions based on the merit score achieved by students in their last qualifying examination. Listed below is the admission procedure for a Diploma in Business Management course.
- For admissions to the Diploma in Business Management course, students can fill out the application form on the official website of the college.
- Once they have filled out the application form, they can apply for the entrance examinations.
- They can select the college based on their cutoff score.
- To conclude the application process, they need to pay the course fees and submit the required documents.
Cutoff for Top Colleges
The diploma in Business Management cutoff is a set of criteria that determines the student's admission to the institute. It is released after the declaration of the entrance exam results and is influenced by the number of applications, the stature of the institute and the total number of seats.
Subjects/Syllabus for MBA Business Management
The academic curriculum for a Diploma in Business Management differs depending on the institute, but it may have some similarities as the core subjects remain more or less the same. In the table below, we have mentioned the syllabus of BAMU Aurangabad.
| Semester 1 | Semester 2 |
|---|---|
| Management Accounting and Applied Statistics | Human Resource Management |
| Principles of Management | Financial Management |
| Management of Information Systems | Marketing Management |
| Principles of Management | Production and Operations Management |
| E-Business | Project Report |
| - | - |
Fee Structure of Diploma in Business Management
The fee structure of a Diploma in Business Management is set by the administration of the college. Diploma courses may not be as expensive as a bachelor’s or a master’s degree. The fee structure of a Diploma in Business Management course generally ranges from Rs. 8,900 to Rs. 29,900.
Scope of Diploma in Business Management
Diploma in Business Management graduates can find entry-level management or administrative jobs at start-ups or MNCs. Skilled management specialists are needed in both government and private companies. Managers guarantee that a firm organisation or sector runs smoothly. Managers are responsible for human resource management, daily operations, finance, and accounting in companies.
After completing a Diploma in Business Management course, students can pursue a BBA or a postgraduate degree in the same discipline such as MBA in Business Management. This will allow you to broaden your knowledge even more since you will be able to pursue higher-paying careers.
Career Options After a Diploma in Business Management
A Diploma in Business Management course has been recognised to be the foundation of a professional future in any sector. This is a dynamic area of study because it can prepare you for careers in management, administration, finance, and marketing. A business administration diploma opens up endless possibilities for graduates. This course has the advantage of allowing students to select from a variety of career options.
Financial Planner: Financial planners create investment strategies for their clients based on their objectives. A financial planner assists customers in developing personal budgets, controlling spending, setting savings targets, and implementing wealth-building methods. They may have contacts with financial planners, investment managers, or mutual fund providers, and they may use these professionals to make actual investments.
Business Development Executive: Business development executives work with corporations, organisations, and government agencies to promote and sell services and commodities. The role of a business development executive is to supply retail items and services to customers. They assist clients in determining their needs, developing concepts, and ensuring a seamless selling process.
Project Manager: Project Managers are in charge of the entire project management process. They are responsible for planning, directing, collecting, monitoring, and managing tasks and activities to achieve certain company goals. To determine what work has to be performed, project managers create a thorough work schedule. They keep track of the budget and make sure the project is completed on time.
Top Recruiters
- IDBI Bank
- Hindustan Unilever Limited
- Godrej
- Morgan Stanley
- HDFC Bank
- Bank of America
- Birla Sun Life
- Deloitte
- Kotak
- IBM
Benefits of Studying a Diploma in Business Management
A Diploma degree is an excellent option for students who wish to pursue a degree without paying a hefty fee. Since it is much cheaper compared to higher-level degrees, and also provides students with the expertise to join various entry-level job roles.
The course can lead to a variety of career paths and job prospects in various areas and provides a thorough understanding of the corporate structures, processes, and protocols, as well as their essential components. A Diploma degree in Business Management also provides students with the basic knowledge of management principles and prepares them for higher-level studies.
Salary after Diploma in Business Management
A diploma is a very good opportunity for students who wish to start earning once they have completed their 10th or 12th grade. Since a diploma is an entry-level degree programme, the salary may not be as high as other advanced degrees. We have mentioned the average industry salaries for the popular career options.
| Job Profiles | Average Salary |
|---|---|
Financial Planner | Rs. 3.8 LPA |
Manager | Rs. 17 LPA |
Business Analyst | Rs. 9.6 LPA |
Project Manager | Rs. 17.3 LPA |
Source: AmbitionBox
Top Private Diploma in Business Management Colleges in India with Fees
Some of the popular private colleges in India also offer Diploma in Business Management courses. In the table below, we have mentioned the popular Diploma in Business Management colleges in India with Fees.
| Colleges | Fees |
|---|---|
Rs. 8,000 | |
Rs. 29,900 | |
HMN Gaunekar Institute of Management Training and Research, Margao | - |
- | |
- | |
Vasantraodada Patil Institute of Management Studies and Research, Sangli | - |
Rs. 8,900 |
Top Government Diploma in Business Management with Fees
Only a few government colleges offer a Diploma in Business Management. Students can check the fees on the official websites of the colleges. Some of the leading ones are mentioned below.
Frequently Asked Questions (FAQs)
To acquire concepts and improve their learning experience, students require a variety of skill sets. Communication Skills, Relationship Building, Brand Awareness, Critical Thinking, Business Knowledge, and Interpersonal Skills are just a few of them.
IDBI Bank, Hindustan Unilever Limited, Godrej, Morgan Stanley, Indiabulls, HDFC Bank, Bank of America, Birla Sun Life, Deloitte, Kotak, IBM are some of the leading organisations that hire Diploma in Business Management graduates.
Students who complete the Advanced Diploma in Business Management will have detailed knowledge, abilities, and competencies in the core functional areas of management and business.
A business management degree is a popular choice among aspiring entrepreneurs and company leaders. It equips you with the academic information and abilities you'll need to pursue global job prospects, as well as a general understanding of business and specific areas like finance and human resource management.
Students need to pass 10+2 from a recognized board. Candidates can also pursue it after their bachelor’s degree.
There are various career options after a Diploma in Business Management degree. Some of the careers are Financial Planner, Business Development Executive, Project Manager.
The Diploma in Business Management is a one-year programme.
Depending upon the type of college, Diploma in Business Management course fees range from Rs. 5000 to Rs. 50,000 every year.
Some of the top colleges which offer Diploma in Business Management degree are Gondwana University, Gadchiroli, Maharaja Agrasen International College, Raipur, Noida International University, Greater Noida, Savitribai Phule Pune University, Pune, Dr Karmaveer Bhaurao Patil Institute of Management Studies and Research, Satara, CMJ University, Shillong, RTMNU Nagpur - Rashtrasant Tukadoji Maharaj Nagpur University.
After completing their Diploma in Business Management programme, students can study BBA or MBA in Business Management.
