Management

About Management

Management is one of the most essential components of any successful organization. The management team plays a pivotal role in organizing and ensuring a smooth flow in the activities of a company with the aim of achieving the desired objectives. An efficient management team compliments a charismatic leader in creating a prosperous enterprise and both can't do without each other.

Management deals with the holistic process of running a company - from formulating and executing a plan to ensuring positive results over a sustained period of time. Due to rise in the importance of effective management in a firm irrespective of its field, management courses have gathered steam in recent years.

Managers are required in every sector, be it finance, IT, Media, Healthcare, Hospitality, Communications and even aviation for that matter. Due to its broad nature, all the notable B-schools are offering countless management courses with specializations that cater to almost every category of the industry.Want to know more on the courses? Read on...

There are wide range of courses to select from in the expansive management sector ranging from diploma, graduation, and post-graduation to certificate and PhD courses. The most popular ones of the lot have been given segregated and given below for your convenience:

Diploma courses in management can be undertaken by any student who has completed his 10+2. The duration for most diploma courses are 1 year with a few exceptions based on the stream. It's a valuable thing to do if you are not interested in investing 3 years on a degree and does give you a crash course on a respective subject of your choice.

There are many diploma courses that can be pursued depending on the stream and the most popular ones are as follows:

  • Business management
  • HR
  • Finance
  • Front office
  • Travel and tourism
  • Financial management
  • Business administration
  • Export and Import management
  • Retail management
  • Hotel management
  • Hospitality management
  • Fire and safety management
  • Marketing management
  • Hotel management and catering technology
  • Aviation and hospitality management
  • Materials Management
  • Industrial safety and security management
  • Textile management
  • Investment management
  • Commercial practice
  • Cabin crew and hospitality management
  • Food and beverage management
  • Industrial relations and personal management
  • Modern office management
  • Office management

Eligibility and Cutoff

When it comes to diplomas and certificate courses, all you need to do is to have cleared the 12th grade or an equivalent examination. There is no specified cut-off and any candidate with a 12th pass certificate can sign up for the short-term programmes.

Cut off Marks for diploma

Average Fees

The average fees for diplomas across all streams range between 15,000 to 4 lakhs depending on the reputation and clout of the college or institution.

Average Fees for diploma

Having a bachelor's degree is a must in today's highly competitive world. Fresh 12th grade pass outs go through a tedious phase in choosing a course unless they've already made up their minds, and the growing trend suggests that a large number of them are opting for management related courses. The diversity in options and the scope for the future makes it a smart decision and if you consider being of them, these are the courses you should think about dipping your hands into:

Bachelor of Business Administration (BBA):

BBA is the most-widely chosen course among all offerings with almost every B-school and University providing the 3-year degree with many variations of the course that provide specialization in an array of different disciplines. While institutes do offer a general BBA course, many of them present the students with additional subjects for specialization purposes. Here are the most popular ones:

  • BBA in Finance
  • BBA in accounting
  • BBA in Marketing
  • BBA in Banking and Insurance
  • BBA in Foreign trade
  • BBA in Aviation/ Air travel management
  • BBA in Supply chain management
  • BBA in Event Management
  • BBA in Computer applications
  • BBA in Information Technology
  • BBA in Financial Markets Management
  • BBA in Human Resource Management
  • BBA in Retail Management
  • BBA in Information Technology
  • BBA in Entrepreneurship
  • BBA in International Business
  • BBA in Digital marketing
  • BBA in Operations management
  • BBA in Telecommunication
  • BBA in Agribusiness management

In addition to the general BBA degree, students can even opt for a BBA Honors/ BBA (Hons.) which gives them an option of specializing in a certain discipline in their final year. A general BBA course just gives you an overview of the major topics while a BBA (Hons.) takes a slightly more in-depth look at it. It should be noted that a general BBA course doesn't give you the liberty to specialize in a particular field, thus, In order to specialize in a field, BBA (Hons.) is what you should consider as it is more comprehensive. Predominantly, BBA (Hons.) too is a 3-year course; however, some colleges do offer 4 year courses depending on the subject of specialization. The cut-off for a BBA (Hons.) is relatively higher than a general BBA course. The most common subjects taken for specialization in BBA (Hons.) are Banking and Finance, Human Resource Management, Retail Management and Finance.

Bachelor of Business Management (BBM):

It's easy to get confused between BBA and BMM as both essentially deal with business management. The major difference between the two is that while BBM deals with the management aspects of an organization, BBA focuses more on the administrative functions. BBM comes with its own set of areas of specializations while a general BBA course doesn't offer the same and to gain expertise in a particular discipline, you would need to take up a BBA (Hons.) degree. The major areas of specializations offered under BBM are:

  • BBM in Financial Management
  • BBM in Human Resource Management
  • BBM in Operations Management
  • BBM in Marketing Management
  • BBM in E-commerce
  • BBM in International Business
  • BBM in Business Law

Here are the other popular management degree courses:

  • Bachelor in Management Studies (BMS)
  • Bachelor of Tourism and travel management (BTTM)
  • Bachelor of hospitality and management (BHHM)
  • Bachelor of hospital management (BHM)
  • Bachelor of hospitality management (BHM)
  • Bachelor of Sports Management (BSM)
  • Bachelor of Science In catering and hotel management
  • Bachelor of Science In airlines, tourism and hospitality management

Cutoff Marks

The cut-off marks required to gain admission for any of the top Management undergraduate courses such as BBA or BBM defer from college to college. The basic requirement is to have passed your 12th class or the equivalent of the same from any of the recognized boards across India with addition to being English as a compulsory language.

The minimum cut-off for most colleges and universities is 50% in your 12th grade but it differs as mentioned above. The cut-offs for top universities range from 75-95% while the most prominent institutes such as Christ University Bangalore conduct an entrance test in order to select their candidates with some even going as far as having a personal interview round.

However, most of the other top institutes fill their seats by way of merit and have prescribed the minimum cut-off at 50% with the cut-off for SC/ST/OBC set at 40-45%. So all you need to do is to score more than 50% in your 12th grade to be eligible for a management course.

Cut off Marks for Graduation

Average Fees

Fees : 1.5-4.5 lakhs

Average Fees for Graduation

There is no dearth of PG diplomas in most of the top B-schools as it is quite an attractive avenue for graduates who are equipped with a few years of work experience and are willing to go deeper in a certain subject.

While PG Diplomas are usually 2 year courses, there are Universities which do offer 1 year programmes for a handful of courses that can be wrapped up in a shorter timeframe. Here is a list of PG Diplomas to choose from:

Post Graduation
  • PG Diploma in Event management (PGDEM)
  • PG Diploma in environmental management (PGDEM)
  • PG Diploma in financial management (PGDFM)
  • PG Diploma in Hotel management (PGDHM)
  • PG Diploma in Human Resource management (PGDHRM)
  • PG Diploma in International business (PGDIM)
  • PG Diploma in management (PGDM)
  • PG Diploma in Marketing management (PGDMM)
  • PG Diploma in Retail management (PGDRM)
  • PG Diploma in Hospital and health management (PGDHHM)
  • PG Diploma in tourism management (PGDTM)
  • PG Diploma in Office management (PGDOM)
  • PG Diploma in Disaster management (PGDDM)
  • PG Diploma in Business Finance and Investment Studies (PGDBFIS)
  • PG Diploma in Education Management (PGD.Ed.M)
  • PG Diploma in Fire and safety management (PGDFM)
  • PG Diploma in Health, safety and Environment (PGDHSE)
  • PG Diploma in Supply Chain Management (PGDSCM)
  • PG Diploma in International Business (PGDIB)
  • PG Diploma in Information Technology Management (PGDITM)
  • PG Diploma in Technical Writing for Business Management (PGDTWBM)
  • PG Diploma in Business and Corporate Laws (PGDBCL)
  • PG Diploma in Pharmaceutical management (PGDPM)
  • PG Diploma in Insurance Management (PGDIM)
  • PG Diploma in Export and Import Management (PGDBF)
  • PG Diploma in Instructional Design (PGDID)
  • PG Diploma in Banking and Finance (PGDBF)
  • PG Diploma in Operation Management (PGDOM)
Master

A master's course is more advanced than a PG Diploma and involves a thesis and research paper written at the end of the course unlike its predecessor. Masters courses are normally two years long and take a deeper route into various concepts and subjects of any respective field. The job opportunities and future scope is much greater after a Masters' course, which is why it costs a lot more than a PG Diploma.

These days, the lines between a PG programme and a master's degree have been blurred as Masters' programmes are offered by government affiliated universities while a handful PG Diplomas are prescribed by autonomous institutions with the same content matter and duration.

That doesn't mean that all PG courses are similar to its equivalent masters' programme as non-affiliated institutions do offer short PG programmes too. However, there are many favored master's courses that are in high demand which have been listed below:

  • Masters in Business Administration (MBA)
  • MBA in Agricultural Business
  • MBA in Banking and Insurance
  • MBA in Airport and Airlines Management
  • MBA in Executive
  • MBA in Entrepreneurship
  • MBA in Fashion Design Management
  • MBA in Event Management
  • MBA in hospital Management
  • MBA in Finance
  • MBA in Supply chain and Logistics Management
  • MBA in International Business
  • MBA in Investment Management
  • MBA in Information technology
  • MBA in NGO Management
  • MBA in Retail Management
  • MBA in Hotel Management
  • MBA in Marketing Management
  • MBA in Human Resource Management
  • MBA in Operations Management
  • MBA in Retail Management
  • MBA in travel and tourism management
  • MBA in Systems
  • MBA in Pharmaceutical Management
  • MBA in Safety Management
  • MBA in Biotechnology
  • MBA in Small Business Management
  • Master in Marketing Management
  • Master of Philosophy in Management (M.Phil in Management)
  • Master in Retail Management (MRM)
  • Master of Tourism Management (MTM)
  • Master in Management Studies (MMS)
  • Master in Business Studies (MBS)
  • Master in Hotel Management (MHM)
  • Master in International Business (MIB)
  • Master of arts in Media Management (MA in Media Management)
  • Master of Arts in HR Management
  • Master of arts in Tourism Management (MA in Tourism Management)
  • Management of Business Finance (MBF)
  • Masters in Applied Management (MAM)

Eligibility and Cutoff

The eligibility criteria for PG Diplomas and Masters course are a little advanced as you may have known by now. In order to be eligible for a PG Diploma in the popular management offerings, a candidate must have a 12th pass certificate along with a graduation degree. He or she must have scored a minimum of 50% (45% for reserved category) in their graduation.

Some of institutes even consider GMAT, CAT, MAT, ATMA and other entrance exam test scores of equal stature before enrolling a candidate. However, the basic requirement is to have scored a minimum of 50% in your graduation degree exams. Candidates who have scored less than 50% then have to go for any of the certified entrance exams to stand a chance of getting a seat.

Masters' degrees also do require you to have scored a minimum of 50% in your graduation as well as having cleared one of the certified management entrance exams depending on the institution. For example, to pursue an MBA in any of the elite b-schools, you would need to have cracked one of the usually tricky entrance tests.

Cut off Marks for masters

Average Fees

Masters: 22k-2.45 lakhs

Average Fees for masters

A Doctor of Philosophy (PhD) is the highest form amongst all degrees which essentially means that you've reached the pinnacle of your respective discipline. PhDs in the management sector are 3-year long programmes.

The diverse management spectrum offers an assortment of different areas that you can attain a PhD. A host of ambitious professionals do actually manage to go right up to the top of the scholarly ladder. If you want to be one of them too, these are the different types of PhDs you can seek:

  • PhD in Business Administration
  • PhD in Management studies
  • PhD in tourism Management
  • PhD in Healthcare Management
  • PhD in Human Resources Management
  • PhD in Operations Management
  • PhD in Information Technology Management
  • PhD in business management
  • PhD in Decision Sciences
  • PhD in Marketing
  • PhD in Leadership
  • PhD in strategy
  • PhD in Disaster Management

Eligibility and Cutoff

For PhD courses, a post-graduation or masters is a must. Almost all institutes check entrance exam scores along with personal interviews as part of the selection procedure. There's a reason why it comes right atop the hierarchy of qualifications as there's a lot of groundwork to cover even before you consider pursuing a PhD.

Cut off Marks for phd

Average Fees

40,000 -1.5 lakhs

Average Fees for phd

Short certification courses are quite popular as it adds an extra skill to your resume, which is always a positive when looking out for a job. It doesn't hurt to use the free time at hand to learn more about a certain subject and these compact certificate programmes do just that.

The duration of the courses range from 3-6 months to a year depending on the scope of the subject. Below is the list of courses that could come in handy:

  • Certificate in Travel and tourism and management
  • Certificate in Retail Management
  • Certificate in Pharmaceutical management
  • Certificate in Hospital Management
  • Certificate in Business Management
  • Certificate in IT Management
  • Certificate in Operations Management
  • Certificate in Wealth Management
  • Certificate in Project Management
  • Certificate in Digital Marketing
  • Certificate in People management
  • Certificate in Strategic Management
  • Certificate in Portfolio and Risk management
  • Certificate in marketing management
  • Certificate in Real Estate Management
  • Certificate in Fire and Safety engineering management
  • Certificate in Import and Export Management
  • Certificate in Business Skills
  • Certificate in entrepreneurship

Demand in the last few years

The age of doctors and engineers being the select few to grab onto hefty packages are long gone as the cutthroat management sector is catching up fast. Courses such as BBA in Aviation Management and BBM are growing in caliber and are attracting a lot of attention. The number of applications for such courses has tripled over the last 6 years, so much so, that every B-school is offering specialized versions of the traditional courses to woo the aspiring managers-to-be.

Getting a graduation degree in itself may not be enough in the highly-competitive setup we've created. In order to bulk their resumes up, many choose to do an added certificate course or a diploma which has proven to be a viable selling point during job interviews.

Many candidates prefer going for an undergraduate management programme before pursuing an MBA which has become a norm these days. They make it a point to gain some work experience as a buffer between a graduation degree and an MBA, and this growing trend has invariably led to the rise in students going for management courses.

Future Scope

  • Business management courses are a hot entity amongst by fresh 12th grade pass outs who view it as a great platform towards getting into a multinational organization. Every company needs a strong managerial backbone and is investing a lot of time into hiring the perfect candidates for the various roles that are needed to be occupied.
  • These companies give management degree holders first preference as they are well-versed with the basic organizational behavior and structure. Management grads are trained to ensure all variables and aspects of a business run smoothly.
  • With the diversification of the term management - which has spread across different sectors such as healthcare, hospitality and aviation, there are job opportunities in all the possible fields you can think of. The aforementioned list of courses itself should have given you a comprehensive idea of the different avenues that can be explored.
  • With an entry-level annual package of 2-3 lakhs for fresh graduates, it serves as a solid foundation for an exponential rise that could possibly be in store. Adding a PG or masters degree to it along with valid work experience could skyrocket the figure to as much as 35 lakhs per annum. 35 LAKHS!
  • That would, no doubt, take a lot of effort, dedication and time over the years. Nonetheless, the bottom-line is that management is a wholesomely rewarding field that will give you the benefits in due course of time.