Studying Management & Business Administration

All about the stream: What is Management and Business Administration?

Business management and administration deal with various ways to manage and administer a business. It teaches students how to plan, supervise, execute, and analyse business activities. Students of this discipline not only learn how to establish a business but also learn functional-level activities such as sales and marketing, production, finance, and HR activities. 

Students of Management and Business Administration pursue jobs in education, sales, government, finance, marketing, etc. Some even become CEOs and CFOs at the company they are working at or launch their own. Most of the career prospects after pursuing a degree in Business Administration and Management are high-paying and offer job satisfaction. 

 

Degrees Offered for Management and Business Administration

Here is a list of degrees offered by Management and Business Administration:

• Bachelor of Business Administration  (BBA)

Explore: Top BBA Colleges in Ahmedabad | Bangalore | Delhi NCR | Pune | Kolkata | Hyderabad | Lucknow
 

• Master of Business Administration  (MBA)

Explore: Top MBA Colleges in Ahmedabad | Bangalore | Bhubaneswar | Coimbatore | Delhi NCR | Jaipur | Kolkata | Mumbai
 

• Bachelor of Business Management  (BBM)

• Bachelor of Management Studies  (BMS)

• Executive MBA

• Distance MBA

• Integrated MBA

• Part-time/Online MBA

• Management Development Programmes  (MDP)

• Fellow Program in Management  (FPM)

• Ph.D

 

Specialisations offered in the field of Management and Business Administration

Some of the top specialisations in this field are as follows: 

Marketing & Sales

This course builds a student’s awareness around the concept of a brand and methods to generate value and obtain profits from the market. 

 

Law 

BBA LLB is by far one of the most popular courses in this field. This course is well-suited for legal enthusiasts out there who wish to pursue a legal career in business. 

Explore: Top Law Colleges in India

Finance

This course teaches the student how to manage funds. Students learn how finance affects the well-being of an organisation. 

 

Banking and Insurance

This course will cover important banking operations, risk evaluation, and business and financial management.  

 

Digital Marketing

Students are taught the art of marketing organisational products in a digital space, on the internet. 

 

Hospitality and Tourism

The students are taught management, accounting, sales, marketing, and all other business acumen they’ll be needing in the field of hospitality and tourism. 

Explore: Top Hospitality and Tourism Colleges in West Bengal

IT

An Information and Technology specialisation teaches the student to optimise business performance by streamlining the communication process online to the effect of customer satisfaction. 

 

Entrepreneurship 

This course teaches students entrepreneurial skills that they might need to establish their businesses or contribute to someone else’s. 

 

International Business 

This specialisation teaches students how to manage businesses that expand across global borders. The nature of goods here has a global audience and students learning this discipline need to understand how to cater to them keeping their global diaspora in mind. 

 

Public Policy

Students of this course are taught how public policies or legal systems need to be observed for a business to operate. 

 

Healthcare and Hospital 

This course teaches students how to manage and administer public healthcare systems in a hospital.

 

Some other specialisations that one can opt for are: 

• Family Business

• Organisational Management

• Foreign Trade

• Energy and Environment

• Operations and Systems 

• Business Analytics 

• Business Economics 

• Materials Management 

• NGO Management 

• Retail

• Product Management 

• Transport and Logistics 

• Telecom 

• Forestry 

• Supply Chain and Logistics 

• Textile Management 

• Sports Management 

• Rural Management 

• Pharma 

• Oil and Gas 

• Advertising and Food Business 

• Product 

• Import and Export 

• HR 

• Disaster Management 

• Infrastructure 

 

Top 50 Business Administration and Management Institutes: 

1. Indian Institute of Management, Ahmedabad
2. Indian Institute of Management, Bangalore
3. Indian Institute of Management, Calcutta
4. Indian Institute of Technology, Delhi
5. Indian Institute of Management Kozhikode
6. Indian Institute of Management Lucknow
7. Indian Institute of Management Indore
8. XLRI - Xavier School of Management, Jamshedpur
9. National Institute of Industrial Engineering, Mumbai
10. Indian Institute of Technology Madras, Chennai
11. Indian Institute of Technology, Bombay
12. Indian Institute of Technology, Kharagpur
13. Management Development Institute, Gurugram
14. Indian Institute of Management Raipur
15. Indian Institute of Management Ranchi
16. Indian Institute of Management Rohtak
17. Symbiosis Institute of Business Management, Pune
18. Indian Institute of Management Tiruchirappalli
19. Indian Institute of Technology, Roorkee
20. Indian Institute of Technology Kanpur
21. S. P. Jain Institute of Management & Research, Mumbai
22. Indian Institute of Management Udaipur
23. Indian Institute of Management Kashipur
24. Indian Institute of Foreign Trade, New Delhi
25. SVKM`s Narsee Monjee Institute of Management Studies, Mumbai
26. Indian Institute of Management Shillong
27. Amrita Vishwa Vidyapeetham, Coimbatore
28. Amity University, Gautam Budh Nagar
29. Jamia Millia Islamia, New Delhi
30. International Management Institute, New Delhi
31. Great Lakes Institute of Management Chennai
32. ICFAI Foundation for Higher Education, Hyderabad
33. Indian Institute of Management Visakhapatnam
34. Lovely Professional University, Phagwara
35. XIM University, Bhubaneswar
36. GOA Institute of Management, Sanquelim
37. Indian Institute of Management Jammu (IIMJ), Jammu
38. T. A. Pai Management Institute Manipal
39. National Institute of Technology, Tiruchirappalli
40. Chandigarh University, Mohali
41. University of Petroleum and Energy Studies Dehradun
42. MICA Ahmedabad
43. Indian Institute of Management, Nagpur
44. Institute of Management Technology, Ghaziabad
45. Nirma University, Ahmedabad
46. Indian Institute of Technology (Indian School of Mines), Dhanbad
47. Koneru Lakshmaiah Education Foundation University (K L College of Engineering), Vaddeswaram
48. Kalinga Institute of Industrial Technology, Bhubaneswar
49. Anna University, Chennai
50. Banaras Hindu University, Varanasi

 

Eligibility Criteria for Studying Management and Business Administration

Undergraduate level -

• Students applying for the course must have 50-60% marks in their +2. This requirement varies from college to college.  

• The age limit is capped at 22 years for general candidates and 24 years for special candidates at some universities. 

• Some universities conduct entrances that students are expected to crack if they wish to pursue the course from those universities. 

• If the student gets shortlisted from the aforementioned entrance exam, they have to clear a personal interview round. This additional requirement also varies from one university to the other. 

 

Postgraduate level -

• Candidate must hold a bachelor's degree in any or equivalent discipline.  

• The candidate is expected to have 50% of their bachelor’s degree. 

• Some universities expect the candidate to have appeared for exams like CAT, CMAT, MAT, etc. The candidate is then evaluated based on their results in the exam mentioned above. 

• Some other universities offer direct admissions. 

Read More:
Top BBA Colleges in India
Top MBA Colleges in India 

Entrance Tests for Management and Business Administration

Here is a list of some popular entrance tests that one takes to pursue this course: 

• Common Admission Test (CAT)

• Management Aptitude Test (MAT)

• Symbiosis Entrance Test (SET)

• Symbiosis National Aptitude Test (SNAP) 

• Xavier Aptitude Test (XAT)

 

Aptitude required for studying Management and Business Administration

Students of Management and Business Administration are expected to possess or develop the following skills: 

• Students are expected to possess financial management skills. 

• They must be able to articulate themselves well to communicate. Communication is important to get any work done. 

• Leadership skills in a candidate are preferred. This will help them to lead their colleagues and attain success. 

• Planning and Project Management skills are given due importance. Candidates are expected to manage time and other resources well while executing a project.  

 

Course Fees for Management and Business Administration Students 

An undergraduate course in media communications at a private university is expected to be anywhere between 1.40K - 22.94L. However, the same course from a government university is expected to be somewhere between 2.43K and 1.72L.
 

A postgraduate course in media communications from a private university is expected to be anywhere between 10.00K - 12.00L. However, the same course from a government university is expected to be somewhere between 3.63K and 12.00L. 
 

Doctoral courses in media communications from a private university are expected to be between 30.00K and 8.70L. However, a doctoral course from a government university can cost the candidate approximately 2.02L.
 

Please note that all the numbers mentioned above are estimates and that the course fee differs from university to university. 

 

Scholarships for studying Management and Business Administration

Here are a few scholarships that Indian students can opt for in the field of media studies:

• Aditya Birla Group Scholarship

• IMT EWS Scholarships

• OP Jindal Engineering and Management Scholarships (OPJEMS)

• IIM Ahmedabad MBA Scholarships

• IIM Bangalore MBA Scholarships 

• IIM Lucknow MBA Scholarship

• IIM Indore MBA Scholarships

 

Internship opportunities for Management and Business Administration Students 

Some Institutions offering these courses have placement officials that provide internship requirements to students in need of one. 

Listed below are some fields that business students can opt for while looking for internship opportunities: 

• Product marketing internship

• Sales and marketing internship

• Business management internship

• Business consulting internship

• Management consulting internship

• Business development internship

 

Study Abroad Opportunities  

Here are some selected universities that offer business study courses abroad: 

• University of Newcastle College of International Education, Australia. 

• Arizona State University, US. 

• University of West London, UK. 

• University of Warwick, UK.

• Simmons University, US.

 

Career Prospects/Placements for Management and Business Administration Students 

Mentioned below are some job profiles that students of media relations get placed in: 

• Business Administrator

• Finance Manager 

• Accountant 

• Accounting Head 

• Management Consultant 

• Consultant

• Business Analyst

• Management Trainee

• Marketing Executive

• Sales Representative 

• Manager

• Assistant Manager 

• Financial Analyst 

 

Salary for Management and Business Administration students 

The approximate starting salary of a business professional is between 1.00LPA and 10.00LPA. 

 

Subjects similar to Management and Business Administration 

Candidates looking for similar subjects to business could opt for Commerce, Accounting, Finance, Banking, etc.

Explore: Top Commerce Colleges in India
 

FAQs

Can students from the Arts stream pursue a Business Management Degree? 

Yes, students from all streams can pursue a Business Management Degree both at an undergraduate and postgraduate level. 

 

What are the best institutes for business in India?

• IIM Ahmedabad 

• IIM Bangalore

• IIM Calcutta 

• IIM Kozhikode  

What are the top recruiting companies for business administration professionals? 

• Apple     

• JP Morgan

• Deloitte

• ICICI Bank

• BCG

• Microsoft

• Morgan Stanley

• Amazon

• Tata Consultancy Services

• Reliance

• Cognizant 

• Wipro

Also Read: 
Top Management Colleges in Kerala
Top Management Colleges in Tamil Nadu
Top Management Colleges in West Bengal