When you think about entering into the business world, it can be through any among a plethora of roles like a corporate job, joining a family business, starting up your own venture, taking a franchise of a well-established brand, and so on and so forth. To be successful in any of these domains, you need to have a sound knowledge of business as well as management subjects.
The Bachelor in Business & Management course, while apparently similar to the Bachelor of Business Administration, equips the students with the necessary skills, both quantitative and qualitative, to become better decision-makers and drive effective management processes. As a student of the B&M programme at ISBF, you get exposure to practical case studies and gain pragmatic problem-solving skills since the emphasis is more on sharpening one’s business acumen than learning traditional theories.
Spanning 3 years, a Bachelor in Business & Management differs from the usual business administration courses since it lays more focus on expanding logical reasoning abilities by combining case studies and discussions with regular analytical work, which is extremely important for a manager today. Post completion of the course, students find themselves well-prepared to take on a wide array of roles, including joining a multinational corporation as a high-level professional, acting on their own idea and starting up an enterprise of their own, innovating in their family-run business or in some cases, going for higher studies at the postgraduate level.
The curriculum of Bachelor of Business & Management encompasses subjects across the business and management verticals, with teaching methods involving deep discussion and case studies. The subjects include, but are not limited to:
There is also plenty of choices, which means that different students can structure the programme differently, by choosing different elective courses from the management, finance, accounting, economics, mathematics, statistics or information systems departments.
This interdisciplinary learning is what makes a Business & Management programme different from the conventional Bachelors in Business Administration, or BBA, and other management courses. In a world where industry is ever-evolving, the need of the hour is to create dynamic managers that are able to apply their knowledge to fix the most critical management problems.
Talking about the rewards a Bachelor in Business & Management can fetch, students can transfer to top foreign universities after the first year of study, gain acceptance into prestigious programmes of higher study after graduating, or enter the world of work. This includes going on to work for a year for a leading international corporation in London or New York or working in India with firms ranging from exciting start-ups to blue-chip multinationals.
The average earning of a business management graduate can vary based on the path chosen after graduation, but careers in this field are generally quite lucrative. In India, graduates can expect to earn about Rs.10 lakhs per annum within a couple of years after graduating. Internationally, a business management graduate can easily earn $50,000 per year. On either path, what is important to note is that there is perennial excess demand for skilled managers, which means that they command huge premiums as they climb the corporate ladder. And, of course, if one goes down the entrepreneurship path, then the sky is the limit in terms of value creation and earnings.