What is Business Management?
Nowadays, most of the organizations move on with many branches in different places. Thus, they require well experienced skilled business management people to take care of their organization completely.
In simple words, business management means maintenance of a business and involves planning, managing and operating. This management study is available at most of the colleges and universities in the UK, and students are focus on each part of a business, including areas such as finance, human resources, marketing, administration, and many business and management programmes.
The study of Business Management offers placements with globally recognised companies that normally enable the students to experience professionalism. Most of the Business Management courses have a shared programme of studies in the first year, while the second year mainly allow the students to choose and focus on subjects of their personal preference and interest.
The completion of Business Management courses ensure that each students is equipped with key skills for their future career. These key skills involve market knowledge, finance, managing of people, strategy and data. Business Management qualifications offer the graduates a range of position they can apply for, such as consultancy and HR roles to careers based in finance and commerce.
Requirement for Business and Management UK Entry
There are three main criteria’s that need to be met,
- Typical International Baccalaureate requirement with 35 to 38 points.
- Typical A-levels requirements – AAA/AAB with at least one social science or humanities subject.
- 0 overall with no lower than 6.5 in any one component is the requirement for Typical IELTS
Your Career Options after completing a Business Management Course
As discussed above, the study of management provides you with wide knowledge of business, finance, economics and marketing. Apart from that, it gives a range of skills and work experience. Business Management courses are designed in such a way that allows the student to work in a large variety of sectors, including public, private and voluntary sectors.
Now let’s have a look into the different career options that are available for business management candidates.
One of the most preferred jobs with a Business Management degree is in Management Consultancy, a career that aims at helping business improve their market position. Business Management Consultants use all their professional skills to offer objective, expert advice on the company’s strategy, structure, management and operations. Depending upon the data collected through research, company’s operations and performance, the issue is then identified and specific steps are taken to resolve the problem.
This role of a business management consultant involves a great amount of responsibility and work under pressure. This is mainly because these management consultants often work with minimal supervisions. Thus, it is very important for them to have stamina, self-motivation and good time management skills.
For a management consultant career it is not compulsory to have a Master’s Degree or a PhD. But if you have such degree it can help you enter into the senior level at your professional career. This is a career which is very challengeable with a high paid salary. So, while pursuing the studies the students try to get involved in the relevant work experience. They have to keep themselves updated with the present business industry news.
The average annual income of a management consultant in the UK is approx. £46,904.
The Production manager is again one among the most popular career options for the Business Management students. You responsibilities include planning, coordination and technical management of manufacturing processes.
However, the range of responsibility differs depending upon the size of the company and the nature of the production system. In both cases, though, you are involved with human and material resources, and your responsibilities may include ensuring the Health and Safety measures implementation at the industry.
Production managers are employed by the food manufacturing industries and processing companies. To be successful, you need to have a relevant degree with a strong technical, organisation, team-work and project management skills.
The average salary of a production manager is approx. £34,618 p/a.
The key role of a project manager, also known as a project coordinator or project officer is to deliver the project on time within budget by organising people, resources and tasks. They can be employed by almost any sectors and organizations, from healthcare to the advertising industry. As a project manager, you have to identify the client’s goals, checking the feasibility of the project by analysing budgets, teams and resources, negotiating with the clients as well as suppliers.
To obtain this career, you have to have relevant qualifications or must have some training in a similar field through a graduate scheme or apprenticeship.
The average annual salary of a project manager is approx. £37,917.
Social Media Manager:
Social media nowadays are the platforms that offer unlimited opportunities for businesses and their promotion. If you are computer savvy a frequent social media user, a social media manager is definitely an ideal position for you. You have to be familiar with the concepts of engaging multimedia content to promote businesses as it’s one of the major roles for this career. Apart from that, you will be responsible for developing and implementing strategies for social media marking, that includes blogging, maintaining social media platform and much more.
To get into this field you have to start your career from scratch as a junior positioned social media person. Later with the wide enhanced skills, you can get to the position of a social media manager.
The average salary of a social media manager is approx. £25,247 p/a.
You should now have an idea about what Business Management is, and where the best career opportunities in the sector lie, to provide you with better future.