Career in Business Management

A business management career focuses on planning, execution, analysis and supervision of business processes. A myriad of skills are required – communication, leadership ability, analytical ability and environmental awareness. Both under-graduate and post-graduate levels are important, but the latter especially so; the two year MBA, which teaches is a much sought after course. A Post Graduate Diploma in Business Management (PGDBM) is also frequently sought by students.

Business Management Skills and Attributes

1. An outgoing, friendly personality
2. Ability to handle people
3. Ability to overcome pressure
4. Ability to meet / handle deadlines
5. Excellent communication skills
6. Team player
7. Leadership skills
8. An ability to lead by example

 

Business Management Job Prospects

Management graduates can find a place for themselves practically everywhere. Opportunities abound not just across industries, but even across management specialisations such as marketing managers, financial managers, strategic mangers, operations managers and human resource managers. Further jobs are always being created by the MNCs that come in to the country, and by our companies that expand abroad.

 

Business Management Job Responsibilities

The job business managers do includes:

1. Planning and forecasting
2. Organizing
3. Selecting staff and equipment
4. Controlling
5. Motivating
6. Researching
7. Communicating

 

Business Management Salary

Remuneration is usually good even at the level (Rs. 8000 – 12000) but senior managers can command much higher salaries, as can managers in large private companies.

 

Business Management Colleges/Universities

1. Indian Institute of Management, Calcutta (IIM C)
2. Indian Institute of Management, Ahmedabad (IIM A)
3. Indian Institute of Management, Bangalore (IIM B)
4. Indian Institute of Management, Lucknow (IIM L)
5. XLRI – Xavier Labour Research Institute, Jamshedpur
6. FMS – Faculty of Management Studies, University of Delhi
7. Indian Institute of Management, Indore (IIM I)
8. Indian Institute of Management, Calicut (IIM K – Kozhikode)
9. Manipur Institute of Management Studies, Canchipur Imphal
10. XLRI, JamshedpurContact Information
11. Tata Institute of Social Sciences, Mumbai
12. Devi Ahilya Vishwavidyalaya, Instt. of Management Studies, Indore
13. IPS Academy of School of Management , Indore
14. Awadesh Pratap Singh University , Rewa
15. University of Delhi
16. Rajasthan University , Jaipur
17. Jamia Millia University, New Delhi
18. Hamdard University, New Delhi.
19. Bombay University , Mumbai
20. Calcutta University, Kolkata
21. Guru Nanak Dev Univ, Amritsar
22. Manipur Institute of Management Studies, Canchipur Imphal
23. Amity School of management, New Delhi
24. Wigan & Leigh College , New Delhi
25. Manipal Academy of Higher Education, Manipal