Update on 11 Oct, 2024
1419
5 min read
Bachelor of Management Studies has become a popular stream to opt for among commerce students. As the name itself suggests, the course program focuses on the field of management studies or you can say that it focuses on the management education program.
If you are dreaming to make your career in the field of management, then let me tell you today many corporate industries are in the need of professionally qualified and efficient graduates.
Bachelor of Management Studies plays a climatic role in making students familiar with requisite management skills to make them familiar and competent in the corporate world. BMS Course is an undergraduate program that can be done by a regular college or university.
You can also go for a distance BMS course at your convenience and affordability. The course curriculum helps to provide candidates to exploit opportunities in the Management profession. BMS educates an individual learn about the backbone of any organization i.e Management.
It also provides the student with vast knowledge to change the world with their new business techniques, entrepreneurship, trading, finance, stock, and risk analysis. This course also induces various training sessions and many extracurricular and co-curricular activities so as to the overall development of the student to face real-world challenges.
This course gives adequate exposure to the operational environment in the Management field and inculcates training in the use of modern technology for the use of aspirants. The BMS stream also teaches upcoming entrepreneurs, how to expand their business with the least number of risks.
The main aim of this course is to spread management skills and knowledge amongst students. To make students familiar with it, a familiar environment is organized for them in the academic program both with classroom lectures and practical training.
Course Level | Undergraduate |
Duration | 3 Years |
Eligibility | 10+2 qualification from a recognized educational Board. |
Admission Process | Counseling after qualification of entrance test. |
Examination Type | Semester System (6 semesters) |
Total Course Fee | INR 1 to 5 Lacs |
Average Initial Salary | INR 2 to 7 Lacs |
Top Recruiting Areas/Fields | Business Firms, Academic Institutions, Marketing and Sales, Banks, Finance and Retailing, Self-Employment, Consultancy, etc. |
Job Positions Offered | Banker, Quality Specialist, Business Development Manager, Teacher & Lecturer, Business Analyst, Finance Officer, Assistant Professor, and such. |
This course aims to promote critical awareness of the merits and entanglement of management to instill an appreciation of the association between theory and practice.
The candidates who are thinking of their career in the BMS course, then need to understand that course value lies in the hands of a reputed college or university. The reputed institute/college usually gives a better advantage and additional benefits to students in terms of education, placements, and salary later on.
It might happen that the admission process for the BMS course is based on merit. But note that, if you proceed with this course with a reputed college you just have to be sure that you clarify all the important factors initially, Relatively, the BMS course is a newer addition to the list of courses after 12th commerce.
The fees of the BMS course are a bit higher than a normal B.com degree. A candidate who is willing to do the BMS course will also require to put in some extra effort like project work, training, etc. Candidates who have successfully completed their graduation BMS course if interested in pursuing further studies can go for any higher courses like Master of Management Studies (MMS), Master of Business Administration (MBA), and further research in the subject.
Once you have completed the BMS course or Bachelor of Management Studies you surely will become perfectly ready for managerial positions in the corporate world. The top recruiting areas include business firms, banks, marketing & sales firms, financial firms, and academic institutes, etc.
To get Admission to the BMS course the aspirants are required to clear the entrance exams which are being conducted by individual universities as per their admission procedure for the BMS course. The candidates have to download the admission form or application form for the BMS course from the opted universities or BMS course colleges via their website.
Admission to the BMS course requires applicants to fill up the BMS course form and submit it to the administration before the deadline mentioned on the website. The applicants can check their entrance exam results on the respective opted websites of the universities/BMS course colleges as per the date scheduled by the individual universities on their respective websites.
Most institutes give admission to students based on their performance in a relevant entrance test. But some institutes conduct their own entrance tests for offering admission. Generally, Admission in the BMS course and its admission procedure varies across colleges and universities. Some even provide direct admission, based on the candidate’s score in their Intermediate.
However, Admission to the BMS course is mostly made on the basis of the candidate’s performance in a relevant institutional test and subsequent rounds of interviews and counseling conducted for the candidates by the concerned universities or institutes.
In this, the candidate’s general aptitude for the course is tested. A merit list is then released by the institute, allocating seats to the qualifying and eligible candidates.
Some of the Entrance Tests conducted by some of the Top Institutes in the country are given below:
The BMS Course fees generally vary in accordance with different colleges and universities. As compared to private institutes or colleges the BMS course fees are relatively lower in Government colleges and institutes. The average course fees for Bachelor of Management Studies for most of the universities in India range from INR 8000-2 lakh per year.
In prestigious colleges, the BMS course fee may vary on the quota set by the government and management seats and may extend up to INR 2,00,000 per year. Make sure that before taking admission to the BMS course thoroughly go through the fee details of the college or university you are choosing to apply for this course. So should also, go through the prospectus or verify from the college/university whether it is certified or not.
The candidates who want to pursue their graduation in Bachelor of Management Studies (BMS) are required to study the following subjects in their curriculum throughout the duration of their course:
The candidate also gets a choice to select from various optional subjects as well. The primary optional subjects include:
The BMS course syllabus comprises over 6 semesters, as it is a 3 years course. Core subjects that are studied under BMS are Managerial Economics, Business Communication, Strategic Management, Management Accounting, Business Ethics & Corporate Social Responsibility, etc.
BMS course provides an adequate basic understanding of management to the students. The syllabus of the BMS course is designed in such a way that it helps candidates to acquire leadership qualities along with problem-solving and decision-making skills to manage and work in a team.
Down below semesters and year-wise syllabus of the BMS course is given. Go through the syllabus before applying for the BMS course:
BMS Course 1st Year Syllabus | |
1st Semester | 2nd Semester |
Introduction to Financial Account | Principle of Marketing |
Business Law | Industrial Law |
Business Statistics | Business Mathematics |
Business Communications – I | Business Communications – II |
Foundation Course – I | Foundation Course – II |
Foundation of Human Skills | Business Environment |
Business Economics – I | Principles of Management |
BMS Course 2nd Year Syllabus | |
3rd Semester | 4th Semester |
Business Planning & Entrepreneurial Management | Business Economics-II |
Accounting for Managerial Decisions | Business Research Methods |
Strategic Management | Production & Total Quality Management |
Information Technology in Business Management – I | Information Technology in Banking & Insurance- II |
Foundation Course (Environmental Management) – III | Foundation Course (Ethics & Governance )- IV |
Elective Courses: Group A: Finance Electives (Any Two Courses) Basics of Financial Services Introduction to Cost Accounting Equity & Debt Market Corporate Finance Group B: Marketing Electives (Any Two Courses) Consumer Behaviour Product Innovations Management Advertising Social Marketing Group C: Human Resource Electives (Any Two Courses) Recruitment & Selection Motivation and Leadership Employees Relations & Welfare Organisation Behaviour & HRM |
Elective Courses: Group A: Finance Electives (Any Two Courses) Financial Institutions & Markets Auditing Strategic Cost Management Corporate Restructuring Group B: Marketing Electives (Any Two Courses) Integrated Marketing Communication Rural Marketing Event Marketing Tourism Marketing Group C: Human Resource Electives (Any Two Courses) Human Resource Planning & Information System Training & Development in HRM Change Management Conflict & Negotiation |
BMS Course 3rd Year Syllabus | |
5th Semester | 6th Semester |
Logistics and Supply Chain Management | Operation Research |
Ethics and Governance | Indian Ethos in Management |
Project Work | Corporate Communication and Public Relations |
Group A: Finance Electives (Any Two Courses) Investment Analysis and Portfolio Management Commodity and Directives Market Wealth Management Strategic Financial Management Group B: Marketing Electives (Any Two Courses) Service Marketing E-Commerce and Digital Marketing Sales and Distribution Management Customer Relationship Management Group C: Human Resource Electives (Any Two Courses) Finance for HR Professionals and Compensation Management Strategic Human Resource Management and HR Policies Performance Management and Career Planning Industrial Relations |
Group A: Finance Electives (Any Two Courses) Risk Management International Finance Innovative Financial Services Project Management Group B: Marketing Electives (Any Two Courses) Brand Management Retail Management International Marketing Media Planning and Management Group C: Human Resource Electives (Any Two Courses) HRM in Global Perspective Organizational Development HRM in Service Sector Management Human Resource Planning and Information System |
The specialization choices for students of Bachelor of Management Studies (BMS) are:
A number of institutes all over India offer the BMS course, out of which, some of the top colleges and institutes are listed below, along with the locations and average annual course fees charged by each university or institute.
Name of the Institute | City | Average Annual Fees |
Jai Hind College | Mumbai | INR 20,000 (course) |
Shaheed Sukhdev College of Business Studies | New Delhi | INR 12,000 (course) |
Gargi College | New Delhi | INR 8,000 (course) |
Deen Dayal Upadhyay College | New Delhi | INR 10,000 (course) |
Sri Guru Govind Singh College of Commerce | New Delhi | INR 9,200 (course) |
GIBS Business School | Bangalore | INR 83,333 (course) |
Keshav Mahavidyalaya | New Delhi | INR 14,524 (course) |
Shivaji College | New Delhi | INR 10,000 (course) |
New Delhi Institute of Management (NDIM) | New Delhi | INR 73,000 (course) |
Madras Cristian College | Chennai | INR 27,919 (course) |
VELS University | Chennai | INR 99,400 (course) |
Sri Guru Nanak Dev Khalsa College | New Delhi | INR 8,222 (course0 |
Suresh Gyan Vihar University | Jaipur | INR 77,000 (course) |
Christ University | Bangalore | INR 1,42,000 (course) |
National Institute of Management Studies | Bardhaman | Not Mentioned |
Maharaja Agrasen College | New Delhi | INR 12,000 (course) |
Sharda College of Management Studies | Mumbai | INR 10,200 (course) |
AIMS Institute of Management Studies | Pune | INR 8,222 (course) |
College of Vocational Studies | New Delhi | Not Mentioned |
SJES College of Management Studies | Bangalore | INR 1,35,000 (course) |
Lakshmibai College | New Delhi | INR 14,500 (course) |
The corporate world is buzzing around with the cut-throat competition and any candidate whose skills are not up to the mark is not considered suitable for the job that's when management skills come into play to take up tasks and responsibilities of administrative jobs after the BMS course. The candidate after his/her successful completion of the BMS course, either can take up further studies or even start entrepreneurial ventures.
But some students who are looking for Jobs after the BMS course can explore different career opportunities by beginning their professional journey with some of the best management companies. Interested and eligible students can go for higher studies and pursue a master’s degree - ideally an MBA to further advance in their careers.
The Bachelor of Management Studies (BMS) course scope covers broad and vast areas for graduates in the BMS course. Marketing, Finance, HR, offering job opportunities in Corporate Houses, Educational Institutes, Banking Organizations, Financial and Retailing Services, etc. Are some of the Jobs after the BMS course a candidate can opt for. BMS degree jobs have access to both government and private-sector jobs.
Some of the business Houses where a candidate can get a job after completion of the BMS course are as follows:
The average annual salary of a fresher is between Rs. 3 lakh to Rs. 4 lakh. Down below is a list of popular job roles for students with BMS degrees:
Down below a detailed description of the job profile along with the description of the job and the average annual salary is given. Go through it:
Job Profile | Job Description | Average Annual Salary |
Business Consultants | They typically specialize in a specific area of business management, such as Healthcare or Human resources, and apply strong research and analytical skills in the profession. | INR 3 to 8 Lacs |
Finance Manager | They provide and interpret financial information, monitor, and interpret cash flows, predict future trends, etc. | INR 3 to 7 Lacs |
Human Resource Manager | They maintain and manage the Human Resource of the organization by recruiting, selecting, orienting, and training employees, and appraising job results. | INR 2 to 6 Lacs |
Teacher | They create lesson plans for the students and teach those plans to the entire class, individually to students or in small groups, track student progress, create and reinforce classroom rules, and many more. | INR 2 to 5 Lacs |
Researcher | Research Officers and Managers work with team members to identify research methods, project goals, variables, and other test parameters, and also choose how to collect data and offer recommendations on evaluating the project. | INR 2.5 to 7 Lacs |
Budget Planner | The budget planner works with Program and Project Managers to develop the organization's budget, review managers' budget proposals for completeness | - |
Some of the Prime Recruiters are:
MNCs (Multi-National Corporations)
After the completion of the BMS course, a candidate also has an opportunity available to become an entrepreneur. They can start their own ventures after completing the course.
Employment Areas After BMS Course:
The starting salary of a business manager depends upon various factors. Some of the prominent and important factors are:
➣The salary package mainly depends on the skills and knowledge, a candidate acquires. Fresher after BMS course completion may get 20K to 50K per annum at starting of the job whereas experienced applicants can get 1 lakh to 2 lakh per annum.
➣We hope the above-given information has helped you to gain knowledge about the BMS course. In this article, we have provided you with information regarding the BMS course, BMS course eligibility, BMS course fee structure, BMS course admission process, BMS course top institutes, and many more.
Copyright @2024.www.collegedisha.com. All rights reserved