Business management is the discipline of organizing, analyzing, and planning different types of business operations and growth opportunities.
There are so many fields cover under the business management programs.
Educational courses and business management degree programs teach the fundamental and basic skillsets for business which are essential to run or manage a business in real-time.
Because of the usability of business management, there are different types of courses and career options in the business management field.
No matter, you want to work for big organizations or just start a small business, a degree in business management will definitely help you in crafting business, and your carrier goals. For example, accounting & Master’s in Business Administration (MBA) are the most popular under the business management courses.
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Fields of Study in Business Management
There are unlimited carrier opportunities for people with a degree in business management. These can be financial managers who use mathematical skills to analyze and predict the finance in future.
If you take an example of a marketing manager who uses creativity to manage advertisements and generate sales all the way.
Once you have made your mind to work in the business management field and craft your career as some of the below beneficial field including and many more.
- Advertising
- Entrepreneurship
- Hospitality Management
- Information Systems Management
- International Business
- Non-profit Management
- Operations Management
- Public Administration
- Sales Management
- Supply Chain Management
Business Management Eligibility & Top Entrance Exams
Business management is basically two types or levels: undergraduate & postgraduate. If you wish to go for undergraduate level, options are Bachelor of Business Administration (BBA) & Bachelor of Management Studies (BMS), and Integrated MBA.
If anyone wants to go for postgraduate level then options are Master of Business Administration (MBA) & Post Graduate Diploma in Management (PGDM).
Business Management Eligibility Criteria for BBA & MBA
| Bachelor of Business Administration (BBA) | Master of Business Administration (MBA) |
| Passed Class 12th or equivalent exams from recognized board / university | Completed Graduate or equivalent from recognized board / university |
| Anyone studying in the 11th can apply for the examination conducted for BBA admission | Students who all are in the last year of graduation can apply for entrance exams conducted for MBA admission. |
Business Management Top Entrance Exams
Business management institutes select candidates/students based on the percentage scored in the entrance examinations. There are a few business management institutes conduct their own entrance exams and most of them use national level examinations score to select a candidate.
Below are the top examinations for Bachelor of Business Administration (BBA) & Master of Business Administration (MBA).
| Bachelor of Business Administration (BBA) Entrance Exams | Master of Business Administration (MBA) Entrance Exams |
| NPAT | CAT |
| UGAT | XAT |
| SET | CMAT |
| SUAT | SNAP |
| All BBA Entrance Exams | All MBA Entrance Exams |
Benefits of Business Management Degrees
With various benefits associated with the business management degrees, you can choose the usable carrier path as per your interest. Once you have business management degrees, you will be in demand because businesses need the people capable of managing business & organization with confidence.
The skill sets you will get by business management programs are extremely beneficial and transferable. You can give various benefits to the business in different ways.
You have the flexibility to decide and jump in any industry you wish as per your business management programs.
Benefits of business management programs/degree, you can earn a six-figure salary working in the finance field if you have a degree from top schools.
Future of Business Management
Technology is growing rapidly and no field left to affecting by technological advancement. With the big data and artificial intelligence the business management field changing its nature day by day.
It could be possible that there will not be a big change for everyone in the business management field but it will be positive according to experts.
People with a business management degree will be in demand and keep the average growth in the filed as other job industries.
What to Look for in a Business Management Courses?
- Accounting (Accounting for Decision-Making)
- Finance
- Corporate Finance
- Operations Management
- People Management
- Marketing (Marketing Management)
- Business Strategy (Strategic Management)
What are Business Management Career Options?
If you want to prepare your carrier in business management, you should be aware of the role and responsibility you could responsible for the below-mentioned roles.
- Actuarial analyst
- Arbitrator
- Business adviser
- Business analyst
- Business development manager
- Chartered management accountant
- Corporate investment banker
- Data analyst
- Data scientist
- Forensic accountant
- Insurance underwriter
- Management consultant
- Project manager
- Risk manager
- Stockbroker
- Supply chain manager
Some of the Career Options where Business Management Degree can be Beneficial.
- Construction manager
- Costs lawyer
- Environmental engineer
- External auditor
- Human resources officer
- Logistics & distribution manager
- Marketing executive
- Mortgage adviser
- Retail manager
- Sales executive
- Systems analyst
- Urban designer