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The A-Z of ‘Bachelor of Business Management’

Posted on August 03, 2018 by Admin  | Academics | Blog

What is a Business Management Degree?

A career in Business Management is much more than the basic Microsoft PowerPoint skills, grey suit, black briefcase and meetings with a whiteboard.

A business management degree imparts necessary skills for a student to thrive and lead in the corporate world. It offers holistic and trans-disciplinary insights into marketing, operations, logistics and supply chain, international business, human resources and organisational behaviour, built on the foundations of economics, finance, accounting, mathematics and core management principles.

By being a more quantitative version of the Bachelor of Business Administration (BBA) programme, the Bachelor of Business Management serves as a superior spring board to pursue a Master’s in Business Administration (MBA) at a reputed institute. As a result, the business management courses gives one an edge and a head-start for a career in management, be it in the corporate sector, or setting up or expanding one’s business enterprise.

To know more details check out Bachelor of Business Management

Are You a Good Fit for a Business Management Degree?

The decision of choosing a degree is a watershed moment in every student’s life and is surely not an easy one. Any degree programme, being a journey in specialisation, demands inherent passion and zeal for the subject, in conjunction with appropriate technical and soft skills.

So, how do you identify passion? A 17-year-old boy dropping out of college to form his music band is the most classic/ overly romanticised example of following your passion and heart. In the same vein, a prospective business management student must possess an intrinsic zest for business and/or management. Some subtle indicators of this zest, or passion, could be/have been:

  • You had a book of inventions whilst growing up
  • You like coming up with unique and creative business ideas during your free time
  • You prefer binge-watching Shark Tank over other conventional television shows that your peers usually watch
  • You spot every product placement on a YouTube video, film and sports match and try to deconstruct the possible strategic reason for it
  • You willingly spend your summer vacation working in your family business, shadowing the management and learning new things

Both technical and soft skills are hugely advantageous for any business/management professional. Some such skills, which are required in order to do justice to a Bachelor’s degree in Business Management, are:

  • Communication skills - spoken, written and inter-personal
  • Ability to work in a team
  • Critical thinking and decision-making
  • Data analysis
  • Problem-solving and strategic thinking
  • Tech-savviness, including awareness of social media
  • Commercial awareness

Check out 5 Reasons to Study Bachelor’s of Business Management

Steps After Completing the Business Management Degree

A degree in business management equips the individual to add value in any organisation. As mentioned earlier, a business management student who possesses an entrepreneurial streak can start his or her own business after earning the degree.

At the same time, the ability to drive efficiency and add value makes management graduates very attractive to corporate sector employers. Some popular areas of work for a business management graduate would include:

  • Business analytics
  • Market research
  • Human resource management
  • Consulting (management/strategy/financial/other)
  • Logistics
  • Operations
  • Business development
  • Marketing, including digital marketing
  • Financial analysis and research
  • Project management
  • Advertising

As against any comparable programme, eg. a Bachelor’s in Business Administration (BBA), or any other programme in business and/or management, a BSc (Hons) degree in Business Management, such as that offered at the Indian School of Business & Finance, with academic direction from the London School of Economics (LSE), equips students with sharper analytical skills. This helps them significantly in clearing competitive entrance tests for Master’s in Business Administration (MBA) programmes, such as CAT, XAT and GMAT, all of which are quite heavily mathematical in nature. The same applies for other Master’s programmes in the areas of business and/or management, as a strong GMAT score is a prerequisite for most of them.

Thereafter, during the Master’s, there are an array of specialisations to choose from, and completing, this boosts one’s chances of climbing up the corporate ladder relatively quickly, in order to reach the C-suite.

If you want to build a career in Business Management, check out a Student’s Guide to Know Everything about a Degree in Business Management

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