A business management course is as common, if not more, as kindergarten education. Everyone is up for a degree with its promises of a lucrative career and a brilliant life ahead. Business management translates into money, career, success…But hold on! That’s not the entire truth. Business management does translate into all the wonderful things on earth, BUT, there are conditions, only when you do it right. An MBA education from that round-the-corner institute is not going to get you anywhere, unless of course you are standing round the Harvard corner. And MBA is not easy. It is hard work, consistency, and determination. It is the tree that bears fruit, but only the fruit of labor. Read on to get your facts right about this dream-degree. Business Management Courses Course Details Eligibility Bachelor’s Degree For a bachelor’s degree in business management, an individual needs a high school degree or equivalent diploma. Some institutes may have a grade-criterion, but that is institute-specific. Master’s Degree For a Master’s degree, most US colleges require a 12+4 year education format while other countries like the Asian counties and the UK recognize the 12+3 format. People with 12+3 education applying to US institutes have to go through an additional course which they, if required, may leave after a year and rejoin after masters. However, the importance of experience cannot be underplayed and good colleges accept students with 2-3 years of prior work experience. Details Of Course Curriculum This course deals with the management of business holistically. Hence, the course structure is designed so as to cover all the aspects that any business would have in common. It deals with a cursory study of all departments and processes involved in a business before getting more specific and detailed with an individual’s chosen specialization. •Business Statistics •Career and Professional Skills Development Program (CPSDP) •Decision and Risk Analysis •Discovering Entrepreneurial Opportunities •Ethics and Corporate Social Responsibility •Finance •Financial Accounting •Global Leadership Assessment for Managers (GLAM) •IT for Business Value •The MBA Language Program •Management Accounting •Managerial Economics •Managing Organisational Behaviour •Marketing •Operations & Technology Management •Strategic Problem Solving •Strategy •Understanding General Management (UGM) •Understanding the International Macro-economy Specializations Some of the major specializations available under this course enable you to take care of any business, while others equip you with the required tools to manage specific businesses. Some prominent specializations are: •Marketing •Finance •Human Relations •Operations •Information Technology •Forest Management •Pharmaceuticals •Biotechnology •Hospitality Management •Services Management •Hotel Management •Supply Chain & Logistics Management •Accounting and Financial Statements •Marketing Research •Economics •Entrepreneurship •Languages •Management Science and Operations •Organizational Behavior •Strategic and International Management Skills Required General Skills General skills required for business management are the non-technical ones. These are: •Communication Skills •Self-Confidence •People Management •Focused Approach •Consistency •Determination •Decisiveness •General Awareness of Business Events •Basic Computer Literacy •Organizational Skills Special Skills Special skills are required for individuals who plan to opt for highly specialized course like Agro-business management and Biotechnology management. Such courses require either prior experience or relevant educational background. Career Prospects Thanks to the all-pervasive nature of management, its students have takers everywhere. A degree in management gives you a complete knowledge of that ‘how to run a business successfully’. It covers all aspects of business, from small day-to-day decisions to bigger once-in-a-lifetime decisions. It also comes with an exhaustive knowledge of how to manage the lower, middle and upper echelons of management and thus equips a person sufficiently to start his/her own business. People looking forward to a career in any multinational company should get a management degree. Every department in any organization looks for a management degree holder to run it. So the job options are pretty huge, and with the right institute and right degree, you can have a dream career. Best Institutes The Best Global B-Schools Imparting Business Management Courses Are: •London Business School, UK •Wharton School, University of Pennsylvania, US •Harvard Graduate School of Business, US •Columbia University Graduate School of Business, Columbia, US •INSEAD, Fontainebleau, France •The Best Indian B-Schools Imparting Business Management Courses Are: •Indian Institute of Management – Ahmedabad, Bangalore & Kolkata •Indian School of Business, Hyderabad •Xavier’s Labour Relations Institute, Jamshedpur •Faculty of Management Studies, New Delhi •Jamnalal Bajaj Institute of Management Studies, Mumbai
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