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A Bachelor of Management or a Bachelor of Management Studies (BMgt, BMgmt) is an undergraduate degree for
management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...
studies offered by many universities throughout the world. The course allows you to obtain the knowledge and skills needed to assume management positions in a wide range of organizations. Management studies programmes provide students with a solid foundation in
organizational behavior Organizational behavior (OB) or organisational behaviour is the: "study of human behavior in organizational settings, the interface between human behavior and the organization, and the organization itself".Moorhead, G., & Griffin, R. W. (1995) ...
and
human resource management Humans (''Homo sapiens'') are the most abundant and widespread species of primate, characterized by bipedalism and exceptional cognitive skills due to a large and complex brain. This has enabled the development of advanced tools, culture, ...
while electives in labor-management relations,
negotiation Negotiation is a dialogue between two or more people or parties to reach the desired outcome regarding one or more issues of conflict. It is an interaction between entities who aspire to agree on matters of mutual interest. The agreement c ...
,
conflict resolution Conflict resolution is conceptualized as the methods and processes involved in facilitating the peaceful ending of conflict and retribution. Committed group members attempt to resolve group conflicts by actively communicating information abou ...
, compensation systems and
organizational development Organization development (OD) is the study and implementation of practices, systems, and techniques that affect organizational change, the goal of which is to modify an organization's performance and/or culture. The organizational changes are ...
allow students to develop deeper knowledge in specific areas of interest. In addition to business management course, it will equip you to understand how organizations work, how they are managed, and how they interact with object oriented programming using C++ and data structures, national and international environments.


BMS Program structure


Core and Major Curriculum

This programme enables students to develop advanced knowledge and skills in a range of business functions while setting them within the wider context of current business practice. In the first and second years, students have a variety of choices with an understanding of the role of the core business disciplines: *
Accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language ...
*Introduction to
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
*Operations and
Information management Information management (IM) concerns a cycle of organizational activity: the acquisition of information from one or more sources, the custodianship and the distribution of that information to those who need it, and its ultimate disposal throug ...
*
Human resource management Humans (''Homo sapiens'') are the most abundant and widespread species of primate, characterized by bipedalism and exceptional cognitive skills due to a large and complex brain. This has enabled the development of advanced tools, culture, ...
*Introduction to
marketing Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to empha ...
*Micro Economics *Organizational Behaviour * Business Law In third year, students will study
Organizational Strategy In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of Resource management, resour ...
and they will have a choice of subjects from a list of options, based on their own interests and career aspirations. These options offer excellent opportunities to gain relevant work experience to prepare for their careers or add an international dimension to their undergraduate study.


Main Course Descriptions

*Introduction To
Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...
This course gives a brief introduction to the critical management skills involved in
planning Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. The evolution of forethought, the capacity to think ahead, is consi ...
,
structuring Structuring, also known as smurfing in banking jargon, is the practice of executing financial transactions such as making bank deposits in a specific pattern, calculated to avoid triggering financial institutions to file reports required by law ...
, controlling and
leading In typography, leading ( ) is the space between adjacent lines of type; the exact definition varies. In hand typesetting, leading is the thin strips of lead (or aluminium) that were inserted between lines of type in the composing stick to incre ...
an
organization An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from ...
. It provides a framework to help students understand managing and being managed. Thus, leading them to become a more effective contributor to organizations that they join. Students can develop a system view of organizations through examining organizations as part of a context. It aims to train the learners to diagnose and suggest the suitable solutions to various managerial and organizational cases. *
Human Resource Management Humans (''Homo sapiens'') are the most abundant and widespread species of primate, characterized by bipedalism and exceptional cognitive skills due to a large and complex brain. This has enabled the development of advanced tools, culture, ...
The focus of this course is to explore the principles of leading and managing people efficiently in today's global enterprises. In this field, students access HR policy and practice in the areas of
employment law Labour laws (also known as labor laws or employment laws) are those that mediate the relationship between workers, employing entities, trade unions, and the government. Collective labour law relates to the tripartite relationship between employee, ...
, job
analysis Analysis ( : analyses) is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (3 ...
,
employee relations Industrial relations or employment relations is the multidisciplinary academic field that studies the employment relationship; that is, the complex interrelations between employers and employees, labor/trade unions, employer organizations, ...
and international HRM. *
Organizational Behavior Organizational behavior (OB) or organisational behaviour is the: "study of human behavior in organizational settings, the interface between human behavior and the organization, and the organization itself".Moorhead, G., & Griffin, R. W. (1995) ...
This organizational behaviour course combines classic arguments and contemporary empirical debates by discussing different elements of
organizational structure An organizational structure defines how activities such as task allocation, coordination, and supervision are directed toward the achievement of organizational aims. Organizational structure affects organizational action and provides the foundat ...
. It introduces theoretical and empirical research on individual, interpersonal and group effectiveness at work. Course topics can be extended from
decision making In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either ra ...
,
motivation Motivation is the reason for which humans and other animals initiate, continue, or terminate a behavior at a given time. Motivational states are commonly understood as forces acting within the agent that create a disposition to engage in goal-dire ...
,
leadership Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group or organization to "lead", influence or guide other individuals, teams, or entire organizations. The word "leadership" often gets view ...
,
teamwork Teamwork is the collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way. This concept is seen within the greater framework of a team, which is a group of interdependent individua ...
to organizational culture. The learning method highly focuses on applying the essential tools of human side of management in role-play exercises and group projects in global organizations. * Economics for
Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...
The objective of the course is to show students how economics theory is related to the applications in managerial
decision making In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either ra ...
and how resources are allocated and coordinated to achieve the organizations' end goal. It emphasizes microeconomics ideas to solve problems and define the main concepts and models used in economic analysis. "Course topics covered include consumer theory,
production Production may refer to: Economics and business * Production (economics) * Production, the act of manufacturing goods * Production, in the outline of industrial organization, the act of making products (goods and services) * Production as a stat ...
, applications to the labour market,
market structure Market structure, in economics, depicts how firms are differentiated and categorised based on the types of goods they sell (homogeneous/heterogeneous) and how their operations are affected by external factors and elements. Market structure makes i ...
,
monopoly A monopoly (from Greek el, μόνος, mónos, single, alone, label=none and el, πωλεῖν, pōleîn, to sell, label=none), as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a speci ...
,
oligopoly An oligopoly (from Greek ὀλίγος, ''oligos'' "few" and πωλεῖν, ''polein'' "to sell") is a market structure in which a market or industry is dominated by a small number of large sellers or producers. Oligopolies often result from ...
,
product differentiation In economics and marketing, product differentiation (or simply differentiation) is the process of distinguishing a product or service from others to make it more attractive to a particular target market. This involves differentiating it from co ...
,
pricing Pricing is the process whereby a business sets the price at which it will sell its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acqui ...
,
decision analysis Decision analysis (DA) is the discipline comprising the philosophy, methodology, and professional practice necessary to address important decisions in a formal manner. Decision analysis includes many procedures, methods, and tools for identifying, ...
,
bargaining In the social sciences, bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service debate the price or nature of a transaction. If the bargaining produces agreement on terms, the transaction takes plac ...
,
auctions An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition ex ...
, and
asymmetric information In contract theory and economics, information asymmetry deals with the study of decisions in transactions where one party has more or better information than the other. Information asymmetry creates an imbalance of power in transactions, which c ...
." *
Law Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior,Robertson, ''Crimes against humanity'', 90. with its precise definition a matter of longstanding debate. It has been vari ...
and
Policy Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organ ...
The primary aim of the course is to make students aware of the basic legal concepts and implications affecting business transactions. It fosters a deeper practical sense of how to critically manage the important relationship between business and the natural environment *
Organizational Strategy In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of Resource management, resour ...
The first half of the course studies strategic situations and learn how to utilize the analytical tools to evaluate a firm's position in the industry. Due to the modeling foundation of game theory, students will be tackled the real-world challenges and build the appropriate action plans .The second half of the course explores the evidence of different managerial styles and the impact on
firm A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared go ...
process, organizational change and corporate culture that constitute today's collaborative business environments.


Optional Courses

The flexible management courses share a common first year before allowing you to focus on your chosen specialism to enhance your career prospects. The dissertation and optional modules allow students considerable opportunities to focus their studies on areas of special interest. Students are able to choose some elective modules (optional courses) from a selection list include: *
Strategic management In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment ...
*Managerial Economics *Bank Strategy and
Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...
*
Entrepreneurship Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...
* Introduction to
International Business International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more ...
*
Leadership Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group or organization to "lead", influence or guide other individuals, teams, or entire organizations. The word "leadership" often gets view ...
*Advanced
Financial Accounting Financial accounting is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, s ...


Placements and Internships

Most of the universities offer an 11 months work placement option or studying abroad opportunity for a four-year degree on management studies. Undertaking the Management Studies Programme will give you the opportunity to gain work experience during your holidays or attend a short-term management training program to strengthen the essential business strategies . The experience of working for a leading institution can be invaluable as it enables students to build strong capabilities to adapt the constantly changing business environments in their future careers. Students will acquire skills and competencies by investigating an issue within a company and producing a complete research report. The programme will give students a clear direction whether they wish to go straight into the job market, or to earn a graduate degree for career advancement.


What job could I be doing for Internships?

*Marketing: Assistant Brand Manager; Technical Marketing Assistant; Media Planner & Buyer *Supply Chain Management: E-commerce Analyst *Banking, Finance and Accountancy: Global Investment Manager; Mergers & Acquisitions Analyst; Audit or Tax Trainee; Treasury Assistant *Human Resources: International Recruitment Consultant; Training Coordinator *IT: Systems Analyst; Project Analyst


Career Options after Bachelor of Management Studies (BMS)


Employability skills

Demonstrating employability skills is crucial to students standing out from the crowd in the face of today's fierce job market competition. Graduates from BMS become equipped with a portfolio of transferable skills which employers in all sectors look for. These include general skills such as being well organized and having effective communication skill, but aptitudes specific to studying
Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...
include: *
Business acumen Business acumen, also known as business savviness, business sense and business understanding, is keenness and quickness in understanding and dealing with a business situation (risks and opportunities) in a manner that is likely to lead to a good ...
: this course gives students an insight into business practice, financial transactions and commercial ventures. This is valuable because one of the most skills most commonly sought by graduate recruiters is commercial awareness. *
Problem solving Problem solving is the process of achieving a goal by overcoming obstacles, a frequent part of most activities. Problems in need of solutions range from simple personal tasks (e.g. how to turn on an appliance) to complex issues in business an ...
: most graduate employers look for this quality in potential recruits. Our Management courses teach you specific ways to approach problems and further develop your critical thinking skills. *Ability to use
statistics Statistics (from German: ''Statistik'', "description of a state, a country") is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industri ...
and
quantitative methods Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data. It is formed from a deductive approach where emphasis is placed on the testing of theory, shaped by empiricist and positivist philoso ...
: for certain graduate jobs such as market research, some areas of banking, and some types of consultancy, knowledge of statistics, quantitative methods and related software packages is a real asset. *Global thinking: the ability to see the bigger picture in a 'whole systems' manner. Useful for strategic roles within a range of organizations.


Career Direction

"In 2009, 65% of graduates from BMS went into full-time employment approximately. 22% work in the commercial, industrial and public management sectors. Others found work as health professionals (14.8%), in retail (14.4%) and marketing (12.5%). " The Bachelor of Management Studies Degree will be relevant in a vast number of professions; particularly within all business related sectors. This course will provide the perfect gateway for a career in: *General business management *
Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
*Financial Consulting *
Business Analysis Business analysis is a professional discipline of identifying business needs and determining solutions to business problems. Solutions often include a software-systems development component, but may also consist of process improvements, organiza ...
*
Strategic Management In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment ...
and
Planning Planning is the process of thinking regarding the activities required to achieve a desired goal. Planning is based on foresight, the fundamental capacity for mental time travel. The evolution of forethought, the capacity to think ahead, is consi ...


See also

*
Bachelor of Business Administration Bachelor of Business Administration (BBA) is a bachelor's degree in business administration awarded by colleges and universities after completion of undergraduate study in the fundamentals of business administration and usually including advanced ...
*
Bachelor of Business Management Bachelor of Business Management (BBM), sometimes known as a Bachelor of Management Studies, is an undergraduate program of four years. The BBM degree is designed to teach students the skills necessary to perform leadership roles in the business and ...
* Bachelor of Accountancy *
Bachelor of Economics The Bachelor of Economics (BEc or BEcon), or the "Bachelor of Applied Economics", is a bachelor's degree awarded by many universities and colleges for completion of an undergraduate program in economics, econometrics, or applied economics; the ...
*
Bachelor of Commerce A Bachelor of Commerce (abbreviated BComm or BCom; also, ''baccalaureates commercii'') is an undergraduate degree in business, usually awarded in Canada, Australia, India, Sri Lanka, Pakistan, Ireland, New Zealand, Ghana, South Africa, Myanma ...

Bachelor of management studies


References

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Management Studies Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities o ...
Management education Business qualifications