Whether you work for a small business or a large corporation, a degree in business management is a must-have to cater to a number of job profiles that are out there. Over the years, businesses have become more elaborate in terms of functioning and recruiters look for candidates who are trained to manage a business efficiently. Business schools all over the world offer specialized programmes in Business Management to prepare students for the fast-growing industry.
What is Business Management?
Business Management is organizing, analyzing, and planning various types of business operations. There are specialized degree programmes at undergraduate and postgraduate level that cover subjects such as Accounting, Finance, Business Administration, Economics, Marketing and Management. Each of the subjects offers further opportunities for specialization. Students wishing to venture into the realm of business take up a bachelor’s programme in Business Management that allows them to study the diverse aspects of it. Spanning over three years, the programme offers rigorous training and paves way for further specialization programmes like MBA, MIM and many others. A student with any academic background can opt for an undergraduate course in Business Management but having a prior understanding of the domain helps them get maximum exposure.
What Can you Do With a Bachelor’s in Business Management?
A degree in Business Management can open a myriad of opportunities, given that the degree is obtained from a reputed institution. A bachelor’s in Business Management allows a student to cater to many job roles including entry-level positions as well. Some of the popular job profiles that a student can consider taking up are as follows:
Business Analysts are responsible for devising new models that help businesses in taking critical decisions. Business Analysts work closely with financial reporting and IT teams. The job profile involves Budgeting and forecasting, Planning and monitoring, Pricing, and Reporting.
The job of a Risk Manager involves identifying, monitoring and evaluating risks that can affect a business. Once the problem is identified, a Risk Manager devises strategies to minimize or eliminate the risk. The job in Risk Management is highly demanding as it requires an eye for detail and the ability to understand the industry trends.
Chartered Management Accountant
Chartered Management Accountants handle a wide range of tasks that involve preparing periodic financial statements, negotiating on projects and loans, analyzing the financial performance of a business, interpreting and communicating financial data to non-financial stakeholders. It is one of the highest-paid job profiles and usually requires years of work experience.
Project Managers are responsible for planning, monitoring, executing and controlling of projects. They are responsible for the success or failure of a project. A skilled project manager leads the team in the planning and execution of projects and takes into consideration all the possibilities that might lead to failure and thus prevents it beforehand.
Other Career Options After Bachelor’s in Business Management
Covering a vast range of subjects, a degree in Business Management allows you to apply for jobs in varied industries. Here are other popular career choices after an undergraduate degree in Business Management.
In a competitive market where talent hunt is at the global level, getting a good placement is a luxury. If you are aiming for a job at a reputed firm, you need to have a degree that stands out. Bachelor’s in Business Management at ISBF is a globally recognized programme taught on the academic directions from the London School of Economics and the final degree is awarded by the University of London, which gives you an edge while applying for jobs in India and abroad.