Business management and administration deal with various ways to manage and administer a business. It teaches students how to plan, supervise, execute, and analyse business activities. Students of this discipline not only learn how to establish a business but also learn functional-level activities such as sales and marketing, production, finance, and HR activities.
Students of Management and Business Administration pursue jobs in education, sales, government, finance, marketing, etc. Some even become CEOs and CFOs at the company they are working at or launch their own. Most of the career prospects after pursuing a degree in Business Administration and Management are high-paying and offer job satisfaction.
Here is a list of degrees offered by Management and Business Administration:
Explore: Top BBA Colleges in Ahmedabad | Bangalore | Delhi NCR | Pune | Kolkata | Hyderabad | Lucknow
Master of Business Administration (MBA)
Explore: Top MBA Colleges in Ahmedabad | Bangalore | Bhubaneswar | Coimbatore | Delhi NCR | Jaipur | Kolkata | Mumbai
Bachelor of Business Management (BBM)
Bachelor of Management Studies (BMS)
Executive MBA
Distance MBA
Integrated MBA
Part-time/Online MBA
Management Development Programmes (MDP)
Fellow Program in Management (FPM)
Ph.D
Some of the top specialisations in this field are as follows:
Marketing & Sales
This course builds a student’s awareness around the concept of a brand and methods to generate value and obtain profits from the market.
BBA LLB is by far one of the most popular courses in this field. This course is well-suited for legal enthusiasts out there who wish to pursue a legal career in business.
Explore: Top Law Colleges in India
This course teaches the student how to manage funds. Students learn how finance affects the well-being of an organisation.
Banking and Insurance
This course will cover important banking operations, risk evaluation, and business and financial management.
Digital Marketing
Students are taught the art of marketing organisational products in a digital space, on the internet.
The students are taught management, accounting, sales, marketing, and all other business acumen they’ll be needing in the field of hospitality and tourism.
Explore: Top Hospitality and Tourism Colleges in West Bengal
IT
An Information and Technology specialisation teaches the student to optimise business performance by streamlining the communication process online to the effect of customer satisfaction.
Entrepreneurship
This course teaches students entrepreneurial skills that they might need to establish their businesses or contribute to someone else’s.
International Business
This specialisation teaches students how to manage businesses that expand across global borders. The nature of goods here has a global audience and students learning this discipline need to understand how to cater to them keeping their global diaspora in mind.
Public Policy
Students of this course are taught how public policies or legal systems need to be observed for a business to operate.
Healthcare and Hospital
This course teaches students how to manage and administer public healthcare systems in a hospital.
Some other specialisations that one can opt for are:
Family Business
Organisational Management
Foreign Trade
Energy and Environment
Operations and Systems
Business Analytics
Business Economics
Materials Management
NGO Management
Retail
Product Management
Transport and Logistics
Telecom
Forestry
Textile Management
Sports Management
Rural Management
Pharma
Oil and Gas
Advertising and Food Business
Product
Import and Export
HR
Disaster Management
Infrastructure
Undergraduate level -
Students applying for the course must have 50-60% marks in their +2. This requirement varies from college to college.
The age limit is capped at 22 years for general candidates and 24 years for special candidates at some universities.
Some universities conduct entrances that students are expected to crack if they wish to pursue the course from those universities.
If the student gets shortlisted from the aforementioned entrance exam, they have to clear a personal interview round. This additional requirement also varies from one university to the other.
Postgraduate level -
Candidate must hold a bachelor's degree in any or equivalent discipline.
The candidate is expected to have 50% of their bachelor’s degree.
Some universities expect the candidate to have appeared for exams like CAT, CMAT, MAT, etc. The candidate is then evaluated based on their results in the exam mentioned above.
Some other universities offer direct admissions.
Read More:
Top BBA Colleges in India
Top MBA Colleges in India
Here is a list of some popular entrance tests that one takes to pursue this course:
Students of Management and Business Administration are expected to possess or develop the following skills:
Students are expected to possess financial management skills.
They must be able to articulate themselves well to communicate. Communication is important to get any work done.
Leadership skills in a candidate are preferred. This will help them to lead their colleagues and attain success.
Planning and Project Management skills are given due importance. Candidates are expected to manage time and other resources well while executing a project.
An undergraduate course in media communications at a private university is expected to be anywhere between 1.40K - 22.94L. However, the same course from a government university is expected to be somewhere between 2.43K and 1.72L.
A postgraduate course in media communications from a private university is expected to be anywhere between 10.00K - 12.00L. However, the same course from a government university is expected to be somewhere between 3.63K and 12.00L.
Doctoral courses in media communications from a private university are expected to be between 30.00K and 8.70L. However, a doctoral course from a government university can cost the candidate approximately 2.02L.
Please note that all the numbers mentioned above are estimates and that the course fee differs from university to university.
Here are a few scholarships that Indian students can opt for in the field of media studies:
Aditya Birla Group Scholarship
IMT EWS Scholarships
OP Jindal Engineering and Management Scholarships (OPJEMS)
IIM Ahmedabad MBA Scholarships
IIM Bangalore MBA Scholarships
IIM Lucknow MBA Scholarship
IIM Indore MBA Scholarships
Some Institutions offering these courses have placement officials that provide internship requirements to students in need of one.
Listed below are some fields that business students can opt for while looking for internship opportunities:
Product marketing internship
Sales and marketing internship
Business management internship
Business consulting internship
Management consulting internship
Business development internship
Here are some selected universities that offer business study courses abroad:
University of Newcastle College of International Education, Australia.
Arizona State University, US.
University of West London, UK.
University of Warwick, UK.
Simmons University, US.
Mentioned below are some job profiles that students of media relations get placed in:
Business Administrator
Finance Manager
Accountant
Accounting Head
Management Consultant
Consultant
Business Analyst
Management Trainee
Marketing Executive
Sales Representative
Manager
Assistant Manager
Financial Analyst
The approximate starting salary of a business professional is between 1.00LPA and 10.00LPA.
Candidates looking for similar subjects to business could opt for Commerce, Accounting, Finance, Banking, etc.
Explore: Top Commerce Colleges in India
Can students from the Arts stream pursue a Business Management Degree?
Yes, students from all streams can pursue a Business Management Degree both at an undergraduate and postgraduate level.
What are the best institutes for business in India?
IIM Ahmedabad
IIM Bangalore
IIM Calcutta
IIM Kozhikode
What are the top recruiting companies for business administration professionals?
Apple
JP Morgan
Deloitte
ICICI Bank
BCG
Microsoft
Morgan Stanley
Amazon
Tata Consultancy Services
Reliance
Cognizant
Wipro
Also Read:
Top Management Colleges in Kerala
Top Management Colleges in Tamil Nadu
Top Management Colleges in West Bengal