From big MNCs to Startups, from government agencies to educational institutions, from fancy hotels to political organizations, Management professionals are needed in every possible field.
Business management is not only a valuable career option but is also becoming an indispensable skill needed for most businesses.
Job interviewers often assess their high-profile candidates based on their management skills, since decision-making and managing operations however big or small is essential.
Whether you are from finance or operations, from IT or sales, pursuing management as a degree not only enables you to make thorough decisions in the interest of your company but also augments the efficiency of the organization.
With the advancement of digitization and the ever-changing dynamics of the market landscape, it is imperative to upskill and be at par with the evolving trends. Management is one of the trends we recommend you hop on!
In a nutshell, it offers a lucrative career path for anyone willing to go down this road.
Management Course is not an expense, but rather an investment. It offers attractive returns which you can enjoy for the foreseeable future the years to come.
One of the most underrated yet the most important aspects of pursuing a Management course is that it opens your doors to various networks and contemporaries in the field. The experience you get is not just limited to the classrooms and curriculum, the team assignments you do, the initiatives you build along with them, the conversations and group discussions you engage in, etc.
There are times, aspirants endeavor to secure managerial positions and want to be the decision-makers of their businesses and firms. A certification in management is mostly well suited for them.
Contrary to the common belief that management courses are meant for engineers or STEM field candidates- anyone can opt for a management course; whether they are freshly graduated from high school/Grade 12, are an undergraduate student, or in the majority of the cases, are looking to pursue postgraduation in the field. Working professionals looking to upskill or planning a transition from their fields can be potential candidates for the course.
In almost every job description, you may notice and realize that knowledge of management is a must-have skill, and is mutually desired by many job-seeking candidates, looking for a handsome salary package, starting from IT professionals and non-IT professionals.
As it is commonly known, a management degree on your resume has the potential to boost your salary and hike manifolds.
This course is also necessary for the self-employed, entrepreneurs, business owners, and startup aspirants who want to be the decision-makers of tomorrow.
For IT professionals: Tech combined with Management is a combination that yields many benefits in the long run. IT has revolutionized the way we look, absorb, and process information. IT professionals, in general, are now expected to have exceptional management skills.
There is no age limit for enrolling in a management course. You can either start immediately after high school/Grade 12 or enroll after undergraduate. Lastly, you can take a few years of work experience before embarking on the management journey, as per your goals.
Management is usually offered in Bachelor of Business Administration/BBA and MBA/Master of Business Administration. Apart from these, many institutions even offer Certificate and Diploma courses.
Working professionals irrespective of their field, sector, domain, or years of experience are nowadays setting sail upon their journey of learning Management, after all, it is not only a high-paying career but also the most demanded one these days. It could even help them in changing their career and growth trajectory massively. It could make them stand out in the crowd amidst a cutthroat competitive market landscape.
The part-time Management course is an apt course for working professionals wanting to pursue a value-adding degree alongside their career.
That said, if you are looking for a short-duration Diploma or a PGDM course, then you can even complete the course within 10-12 months/1 Year on average, without sacrificing your job/ profession or income
The EMBA route, commonly known as the Executive- MBA, is for students who have got some work experience and have been in the professional space for a while.
The duration of an EMBA typically lasts from 15 to 24 months and can be done part-time alongside a job. You get to learn at your own pace, feasibility, and convenience without barging into your usual job/business schedule.
A part-time MBA is best suited for working professionals who cannot fully commit to a full-time program, due to other engagements.
A part-time program provides them with the freedom to choose between evening or weekend classes, allowing the students to continue with their jobs while upgrading their resumes and adding a 'Management/MBA' to their candidate profile.
While a few institutions require students to visit the college or study centers for taking tests or submitting projects, a lot of colleges provide students a choice between the Online and Offline modes.
An online management course is the most convenient option available today. Most professionals looking to advance in their careers prefer online management courses since they are not geographically bound when it comes to choosing a university. Students can apply to foreign universities by submitting applications, and sometimes entrance exams.
Gone are the days when traditional brick-and-mortar classrooms were the only option for students. Online platforms/ Zoom/ Google Meet are gradually becoming the preferred mode of education. Platforms like UpGrad offer online MBA courses that are not only cost-effective but also flexible as compared to offline MBA programs.The luxury of getting an education without compromising on your prior commitments or career aspirations is always a plus for students
With the influx of online learning, just with a few clicks, you get the ability to learn from the best of resources, anywhere, anytime.
The admission process for the management depends on various factors like the duration, the number of classes, the educational background of the candidate, specialization, co-curricular, and primary subjects chosen in high school or graduation, etc. The level of the course, whether it is an undergraduate, postgraduate, or Ph.D. degree is another important factor that adds to the admission process.
There are no hard skills or knowledge in a particular subject required for pursuing a management course. However, soft skills are something that every institution expects you to be up to snuff.
Below are some of the core skills that every institution seeks in an aspiring management student:
Management courses are offered at the Undergraduate/Postgraduate/MBA level, hence the minimum eligibility criteria for the same depend accordingly.
However, all undergraduate management aspirants must fulfill the following eligibility criteria to pursue the program:
The minimum Eligibility Criteria for Under-graduate Courses in Management / BBA / BMS are:
Admission to undergraduate courses can be made through merit in 12th grade or by sitting in an entrance exam.
BBA ( Bachelors of Business Administration ) - an undergraduate program of three years is the most sought-after Management route, especially for Commerce students. An applicant must have completed 10+2 in any stream or background with a 50 percentile aggregate to be eligible for this Management course.
Aspirants must have studied English as a compulsory subject in class 12.
There are various specializations available at an undergraduate level such as
The aforementioned are the most popular Management Courses available in India, spread over 3 to 4 years. While the eligibility varies according to the institution, anyone with 50% in 10+2 / Grade 12 can apply.
The minimum Eligibility Criteria for Post-graduate Courses in Management are:
The admission procedure for business management courses varies from university to university. The dates for the entrance examinations and interviews also depend on the universities.
Various factors go into consideration for the admissions; including but not limited to the scores of Grade 12, and graduation, the education board, co-curricular, nationality, age, and more.
Admissions for the bachelor’s management courses are done through both merit scores as well as entrance tests.
Some of the common entrance exams for admission to UG Management Courses include the Delhi University Joint Admission Test (DU JAT), Symbiosis Entrance Test (SET), NMIMS Programs After Twelfth (NPAT), Indraprastha University Common Entrance Test (IPU CET), and IIM Integrated Program in Management Aptitude Test (IPMAT).
DU JAT is a national-level entrance test to take admission for Bachelor of Management Studies (BMS) along with other related UG programs.
The complete admission process for Bachelor’s Management Courses includes Registration, Application Form Submission, Document Uploading, and Fees Payment.
A candidate must have completed 10+2 from a school that is affiliated with a recognized board with at least 50% aggregate.
Management can be pursued at an undergraduate level, a postgraduate level, or even a Post Graduate Diploma course for working professionals. However, most universities schedule an entrance exam every year for assessing the caliber of their candidates.
Some of the commonly conducted entrance exams for Management are elaborated as follows:
The Registration date for taking the NMAT exam would somewhere be between the slot of September- November 2022
The management course syllabus is pretty similar across all universities and institutes.
The curriculum is usually based on the specialization students opt for, like Marketing, Finance, Human Resources, Operations, etc.
Following is the list of the core subjects that every management aspirant is taught during the course.
Accounting and Financial Management
Leadership and Entrepreneurship
Principles of management
Other than the aforementioned, some subjects are exclusively curated as per the specialization the aspirant has chosen.
For instance: If the student has chosen, Management in Marketing, he/she gets to opt-in Consumer Behavior, Customer Acquisition, and Retention, Brand Management, Digital Marketing, International Marketing, Market Research, etc
In a typical management course, you are first taught the fundamentals of the course, giving you an overview of general business and management, irrespective of the specialization. The course delves deep into the core subjects and specialization after the students are acquainted with the foundation of the course.
No specialization is better than the other, at the end of the day it all boils down to your interests, strengths, and skill set. Choosing a specialization by taking a calculated and informed decision is of utmost importance as it would be a stepping stone in your career.
Before choosing a specialization, you must have an introspection session with yourself to figure out what aligns with your strengths, personality, and aspirations. Also, we highly suggest you do extensive research on your prospective specialization, salary packages, employers and companies, what a typical day looks like for a professional in your domain, etc.
There is a rising demand globally for specialized Management degrees. There are many specializations available in the market currently but the following are the most sought-after Management specializations in 2022:
If you are a person who oozes out creative juices, then the field of Marketing and Advertising is for you.
It is usually an outward-facing field, as you are the one who sits between the customers/users and the business. A specialization in this domain will equip you with social media marketing, digital marketing, market research, consumer behavior, sales, public relations, advertising, and branding.
Marketing specialization is so vital as it is accountable for bringing in revenue, businesses, and market share of the company.
An aspiring Marketing professional necessarily has exceptional soft skills like interpersonal, communication, and relationship-building skills.
The kind of roles you would expect post get expertise in Marketing is that of a Digital Marketing Manager, Sales Manager, Social Media Manager, Marketing Analyst, Brand Manager, etc.
If investment banking, understanding economic trends, managing portfolios, studying a company’s financial performance, and following the latest mergers and acquisitions excites you, then a specialization in Finance is for you. It is richly intensive in quantitative and requires a good amount of number crunching, analytical, and critical reasoning skills. Finance is the most sought-after skill as it is highly lucrative and pays you a pretty handsome amount. The kind of jobs you could expect, post a Finance major is that of Asset Management, Credit Risk Management, Derivatives, Private Equity, etc.
If people management, talent acquisition, workforce training and development, and performance management excite you, specialization in Human Resource Management is all that you need. Managing the workforce and employees is one of the hardest yet most important tasks in any organization. A team of competent and skillful Human Resource Management to manage and retain the employees is so important in any business.
Some of the job titles you can apply for post acquiring your expertise in Human Resource Management are HRBP, Technical Recruiter, HR Generalist, HR Training and Development Manager, and more.
The technology and IT industry are at an all-time high, pandemic and incidental lockdown being a blessing in disguise. It is not only a high-paying career but also the most demanded one these days. It assists working professionals to stay abreast with the ever-evolving trends and technologies, and help them change their career and growth trajectory. Not to mention that this field is known to make professionals stand out amidst a cutthroat competitive market landscape.
Aspirants who opt for this discipline would get hold of the concepts of data mining, IT project management, strategic consulting, software development projects, etc
With the invasion of digitization and online being the livelihood of almost any and every organization, it is not surprising to see the horizonless demand for Management in Business Analytics in the market.
Recently, Business Analytics became pervasive across functions, domains, and organizations. From social media to finance, from eCommerce to healthcare, from government authorized to private sector organizations, you can find the use of Business Analytics in most fields, from large MNCs or tech giants or startups, everyone is looking to hire professionals with Business Analytical skills.
The career opportunities post pursuing Business Analytics are not just limited to that of being a Business analyst. You could even become a Management Consultant in a Consulting Firm, or become a Data Scientist or Analyst, or a Business Intelligence Analyst.
Other than these, Financial Analysts, Marketing Analysts, Operations Analysts, Product Analysts, and Market Research Analysts are any day and will continue to dictate the global markets.
If supply chain, logistics, vendor management, inventory management, quality analysis, and cost control excites you, then Operations discipline is for you.
A wide variety of industries like automobiles, engineering, heavy industries, iron, steel & other metal industries, chemical, services, etc., hire Operations specialists in services and operations with a lucrative remuneration.
You can apply to become an Operations Manager, Project Manager, Production Manager, Warehouse Manager, Procurement Manager, etc, after specializing in Management in Systems and Operations.
If a fast-paced global career with international businesses, a worldwide network, and global opportunities lure you, International Business is the best field for you. More often than not, the companies run their businesses globally for which they need skilled and highly educated professionals to manage business operations, management, and administration effectively.
Choosing a specialization in International Management would give you in-depth insights into Export - Import Management, international trade laws, international labor organization and laws, international finance, and marketing management.
Pursuing International Business opens different avenues for professionals, such as that of Brand Manager, Export Manager, International Business Consultant, International Logistics Manager, International Marketing Manager, and International Finance Manager.
The radius of management course industry growth is rising, even now as and when we speak. Since economic growth drives management jobs, the prospects of its education remain high, not just in the short term but also long term.
This is majorly owing to the fact how in-demand this skill or for that matter Management career is in general.
As per Bureau of Labour Statistics, the Management industry is projected to grow 9 percent from 2020 to 2030.
From IT (Information Technology) to FMCG, from Telecom to Construction, skillful Business and Management professionals will continue to be in dire need. Not just freshers or graduates, but also the working professionals wanting to change their career paths are interested in comprehensive Management education.
The job of a manager is quite challenging. Thus, formal education is the ideal way to equip yourself with the knowledge and skills required to operate a business successfully.
As businesses are becoming more prominent yet challenging, the need for skilled managers with similar educational backgrounds is rising. If you wanted to become a corporate leader, then the best method would be learning management. The essence is to build future-ready leaders who can not only make durable decisions but also handle calamities.
Management courses are always in vogue amongst the professional applicants worldwide, after all, it offers multi-faceted arenas to carve out your niche. Management perhaps has been the most lucrative choice for the aspirants for a decade, owing to many reasons, including but not limited to enticing remuneration, job diversity, and the high likeliness of you climbing up that promotional ladder faster than your peers. Not to underestimate the opportunities bestowed upon you, not just in India, but even in a global landscape.
Apart from placement and salary, MBA institutions facilitate their candidates to have valuable interactions with their peers and alumni to share knowledge and bond. The connections provide good leverage when securing a job in a good company through referrals.
Candidates from a business background with valuable experience can start their own businesses and put their knowledge to good use. MBA provides the much-required confidence and exposure to become successful entrepreneurs.
The field of management has become very popular across various functions, domains, and organizations. From social media to finance, from eCommerce to healthcare, from government authorities to private sector organizations, job opportunities for management graduates are prevalent in many sectors. It is a discipline that not only offers you handsome remuneration but also aids in climbing up the corporate ladder faster. Management Salary in India ranges from INR 7,00,000 – 12,00,000 per annum on average, depending upon various factors like the specialization, and the institute/ university you undertook it from.
For more information on management salaries in India, visit our management salary India page.
Getting a salary as a fresh graduate abroad can effortlessly compete with what mid-level professionals earn from working in India. With the increasing popularity of the domain, subject matter expertise of the subject along with practical knowledge is equally regarded in most industries.
The option to work remotely for top organizations across the globe, with handsome remunerations makes the idea of pursuing management all the more attractive to the youth of today.
While choosing where to study, students must keep certain factors in mind such as employability, salaries, alumni network, career support, value for money, reputation, etc
The salary of a management graduate abroad depends upon various factors like location, years of experience, skill sets, educational qualifications, etc.
For more information on management salaries in abroad, visit our management salary abroad page.
Average Salary Hike
Analyse the environment, conduct user research across online and offline retail shoppers, suggest features of improvement for a seamless experience and metrics to measure your success for a niche e-commerce apparel brand.
Establish the target market for hourly booking of hotels, user needs, growth opportunities, and build a Minimum Viable Product (MVP) and identify relevant success metrics.
Analyse and improve the transnational funnel of the online ticketing platform.
Help increase the number of recharges for Freecharge by improving the growth hack funnel. Propose retention, referral and revenue growth hacking strategies to achieve business goals.
Conduct an analysis of key competitors of a healthcare product
Create a business plan for cab-sharing app’s expansion to the Indian market and represent it using the Business Model Canvas
Design and sketch a wireframe for a hypothetical health-based app that tracks and monitors health and fitness
Create a product backlog and figure out epics and user stories for a feature for an OTT platform
Prioritise tasks and feature updates for a cab-sharing app’s operations
The duration of a Management Course will depend on various factors such as the country, the level, the degree specialization, the university, etc. The time taken to complete a bachelor’s degree is usually three to four years, whereas it takes 1 to 2 Years to pursue a Master’s in Management/ Post graduate diploma program. There are a few Diploma courses that take 6-12 months to complete. Alternatively, you can even opt-in for Certification Programs, which take 3-6 months approximately.
You can accumulate knowledge of management and several industries with the help of the ample choice of resources available on the internet, books, youtube videos, lectures, and more. However, a set curriculum of a management course provides you with all the relevant topics that you must know as a management professional. Not to mention that formal education is essential for getting a proper and well-paid job as companies would seek academically sound students over self-taught professionals any day. Moreover, we live in an information-abundant world where you might not be able to structure your learnings effectively, as there’s so much noise out there on the web. Hence, it's advisable to pursue a formal education, be it in the form of an Undergraduate/Master’s degree or an Online Course for that matter.
There are several well-designed books to help you gain management insights. Books are indeed a blessing to mankind. Following are a few of the must-read books you should read before or during your Management Course.
There are various specializations available. Some of the most sought-after and popular ones are as follows:
The core subjects of both courses, i.e., MBA and PGDM are quite similar. However, an MBA Programme is focused more on the technical and theoretical aspects. On the other hand, PGDM courses are more focused on industry experiential learning. The value of MBA and PGDM is determined based on the course curriculum and the institute’s ranking and reputation
Absolutely; in fact, engineering graduates account for the majority of the Management pool chunk. So, irrespective of your stream, whether it is Non-Medical, Medical, or STEM, you could still very much aspire to a Management Career.
Yes, many Management Colleges offer integrated UG-PG courses like BBA+MBA and BBA+PGDITM, which usually lasts for 4-5 Years.
A basic quantitative aptitude is required to pursue management as a part-time or full-time course. However, it eventually narrows down to the Management specialization you opt for. For instance: If you choose Finance, Business Analytics, or Information Technology as a specialization, you may be expected to be equipped with an intermediate knowledge of Maths.
In this era of digitization, especially since/post the pandemic, e-learning is gradually and eventually becoming the new norm now. Companies, employers, and markets, in general, have started to get accustomed and comfortable with hiring employees, just based on Virtual Courses. In fact, learners have started to prefer opting in for Virtual Courses, because of the following reasons:
Convenience: With the comfort of your homes, you could feasibly fetch the education without jeopardizing your personal life and commitments.
Cost: Online education is relatively economical and cheaper compared to physical learning, after all, you’re not drilling down your pockets upon the infrastructure and miscellaneous expenses.
Extra learning: You have access to the whole Internet at your disposal, so you can learn about anything and everything just by a few finger clicks. You could quench your thirst for curiosity or even double down upon your weaknesses.
Flexibility: With the influx of online learning, you can learn any time and anywhere at your convenience, without much hassle. You could even set your own pace of learning as per your stamina.
From Startups to big MNCs, from Big Tech Giants to Government organizations, the demand for Management professionals could be seen far and wide. Some of the top recruiters are listed as follows:
There is no better or higher-paying specialization, so to say. At the end of the day, it all narrows down to the skill set and experience you bring to the table, and how you pave your career from there. Having said that, as per the Statistical reports, Management in Finance is the highest paying specialization, based on average salaries. But that shouldn’t limit you from choosing your favored specialization, as if you double down upon your skills, you could easily surpass them.
Even if you don’t want to pursue Management as a career ahead, we can assure you that learning Management skills would never go in vain, to say the least. In fact, it could manifold your career trajectory massively and could also help you in boosting your paycheck. And of course, it would act as a shining element on your resume and to your prospective employer, irrespective of whichever field or industry you apply to.
The complexity and learning curve of a Management degree totally depends on the learner’s capability and the ability to grasp concepts. With practical knowledge along with theories, grit along with hard/smart work, we assure you that anyone and everyone would be fairly able to master.
Opportunities for Management professionals are available in abundance, across industries and sectors. Depending upon your specialization and expertise, you could expect bountiful promising career opportunities. For Finance professionals, you cold expect roles like that of a Treasurer, Investment Banker, Risk, and Insurance Manager, Accountant, etc. Marketing offers fascinating and creative roles such as Brand Manager, Influencer Marketing, Media and Public Relations, etc. The top-paying career opportunities available for Human Resource Professionals are Recruitment Manager, Training and Development, HR Generalist, etc. Similarly, for Business Analytics folks, you could expect Business Analysts, IT Analysts, Market Research Analysts, etc. The bottom line is that there are wide-ranging prospects available in store for you, depending upon the respective specialization you undertook.
Yes, there are few B-schools and Universities across the globe that accept CAT Scores for Management courses. Some of the top-notch global institutions that consider CAT scores are ESCP Europe, HEC Paris, ESSEC Business School, Singapore Management University, SP Jain School of Global Management, etc.
Undoubtedly, you can land a well-paying job in the Government sector with a management degree. Management is not just limited to corporates or start-ups but reaches out to government sectors like Banking, Airways, Railways, and Agriculture attracting Management talent too. Lucrative salaries, stability, and unparalleled perks and benefits add a cherry to the cake. For instance, multiple opportunities across RBI (Reserve Bank of India), Metro Railways, SBI (State Bank of India), Life Insurance Corporation of India, National Housing Banks, Coal India, etc are available for management pass-outs in India.