Business Management basically deals with 5 major functions of the management process. They include planning, organizing, staffing, leading or directing and controlling an Organization. The subject aims management of all integrated areas of business and all activities of the organization. It also provides a path to create a teamwork by which the goals of the organization can be achieved.  Business Management provides a beneficial impact on shareholders, customers, and employees. It can bring profit to the shareholders, cost effectiveness to customers and better employment opportunities to aspirants.

Some of its specialized fields are -

• Personal Management or Human Resource Development
• Finance
• Production and Operation
• Sales and Marketing
• Management Information Systems (MIS)
• Accounting
• Product Research and Development

Qualification Criteria for Higher Studies after BBM

Those who want to utilize their skills to obtain a challenging career in management can do a course in Bachelors Degree in Business Management. Those who would like to prove their ability in business sector can improve their skills through this business management course. These help them to move in accordance with the changing business scenario

Those who want to get an admission in to top institutes in Management such as Indian Institute of Management has to attend Common Admission Test or CAT. Those who obtain sufficient score in this exam can expect an admission in any of the top IIM’s in India. Short listed candidates have to go through group discussion and interview for final selection. Some other management aptitude tests include XAT, GMAT, JME, MAT etc. The score obtained in these exams will be considered for admission for many of the top Management Colleges in India

Higher study options after BBM

• Executive Post Graduate Diploma in Management
• Faculty Development Program (FDP)
• Fellow Program in Management (FPM)
• M.B.A. + P.G.D.B.M.
• M.Com. (Business Administration)
• M.I.B.
• M. Phil. (Business Administration)
• M.Sc. (Business Process Outsourcing)
• Master of Business Studies (M.B.S.)
• Ph.D. (Business Administration)
• Ph.D. (Business Management)
• Post Graduate Diploma Global Business Operation
• Post Graduate Diploma in Business Administration
• Post Graduate Diploma in Business Analytics (PGDBA)
• Post Graduate Diploma in Business Finance
• Post Graduate Diploma in Business Management
• Post Graduate Diploma in Transport Management
• Post Graduate Program in Software Enterprise Management
• Post Graduate Program in Agriculture-Business Management (PGP-AGM)
• Post Graduate Program in Management for Executives (PGPX)
• Post Graduate Program in Public Policy and Management (PGP-PMP)
• Post Graduate Program in Supply Chain & Operations Management
• Post Graduation Diploma in Management & Business Administration (PGDM)
• Postgraduate Diploma in Business Finance & Investment Studies ( PGDBFIS )

Subjects covered under Higher Studies after BBM

• Accounting
• Economics
• Entrepreneurship and Business Planning
• Financial Accounting
• Fundamentals of Accounting
• Marketing
• Master of Business Administration Specializations
• Organizational Behavior and Managing Human Resources
• Organizational Behavior
• Quantitative Analysis
• Strategy and Marketing Management

Career Opportunities after Higher studies after BBM

Some of the Employment Areas after going for higher studies after BBM is mentioned below:-

• Banks
• Business Consultancies
• Brand & Marketing
• Non-profit Organizations
• Personal Business
• Educational Institutes
• Export Companies
• Financial Organizations
• Industrial Houses
• Multinational Companies

Job Types

• Account Manager.
• Brand Manager.
• Card Payments Operations Head.
• Equity Research Analysts.
• HR Generalist Business Partner.
• Management Consultant.
• Marketing Manager.
• IT Services Marketing Head.
• Project Managers.
• Recruitment Manager.
• Vice President - Investment Banking.

The impact of globalization and liberalization has created a lot of vacancies for managers in various industries in India. Those with a degree in Management can find a lot of job opportunities in various industries in both public and private sectors.