Benefits of Pursuing Bachelors of Management Studies 2024

Summary: Reading this article will provide insight into why students opt for BMS among various streams. Explore the advantages, scope, salary potential, and overall benefits of pursuing bachelors of management studies 2024!

Bachelor of Management Studies (BMS) is one of the most aspired subjects in the management stream. While opting for management, you might have heard of many subjects that are very much prevalent, but BMS is among the top most preferred subjects.

You can choose this in-demand subject for a progressive career as a manager and various other roles.

In recent years, BMS has been in demand, and many top-notch universities in India now offer this 3-year management course.

This article sheds light and provides more insights into "Benefits of Pursuing Bachelors of Management Studies 2024"! Continue reading to learn more.

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Benefits of Pursuing Bachelors of Management Studies 2024: What is Bachelors of Management Studies?

Bachelor in Management Studies (BMS) or Bachelor in Management (BM) is a 3-year undergraduate course offered by many universities in India. 

The course allows you to obtain the knowledge and skills needed to go for management jobs in a wide range of organizations. Management studies allow students to build a solid foundation in 

• Organizational behaviour and human resource management
• Electives in labor-management relations
• Negotiation
• Conflict resolution
• Compensation systems and organizational development 
• Allow students to develop in-depth knowledge in specific areas of interest

The bachelor of management studies eligibility depends on the university you are applying for. However, in general, class 12th-passed students of the commerce, arts, and science stream are eligible to apply for BMS admission. 

Check: Management Courses after the 12th

Benefits of Pursuing Bachelors of Management Studies 2024: What Subjects will you study for BMS?

During your first and second year, you will have lots of options of subjects you can choose between. These two years are crucial for developing your advanced knowledge and skills in the field of business. With these BMS subjects, you will be able to understand the core concept and role of business discipline-

What is scope of BMS?

• Accounting
• Introduction to Finance
• Operations and Information management
• Human Resource Management
• Introduction to Marketing
• Micro Economics
• Organizational Behaviour
• Business Law

And in the third year, the core subjects will be Organizational Strategy and a choice of subject from the above list.

The study and experience gained during these three years will eventually help you to tackle different dimensions of business problems.

Check: How To Prepare For NCHMCT JEE 2024?

Benefits of Pursuing Bachelors of Management Studies 2024: Benefits of BMS course after 12th

BMS is an all-time go-to branch that almost every student aspires to. We have listed the management studies and their benefits offered through the BMS degree.

Advantages of BMS course - 

1. Quality of Education

The quality of the education and learning you achieve while pursuing BMS is incomparable. As the course aims at teaching students management of business and organizations, only brilliant minds can achieve such heights. Not just theoretical knowledge; the courses are designed to provide students with practical knowledge. 

2. Alternative to many expensive courses

In the field of management, most of the courses you come across are highly expensive to pursue. So to tackle the problem, BMS is slowly taking over all other courses. As BMS is comparatively cheap and saves you from learning different skills apart from your main course, it is highly preferred by students.

3. High Salary and Better Career Opportunities 

The variation in salary ranges in all other courses is very high, which makes BMS an ideal choice for students looking for high-paying jobs. The salary range here is higher than in many other management jobs. The career opportunities here are very wide as managers are required for almost all businesses, be they small or large. So, this field has a high chance of a student landing a confirmed job position.

Check: High Salary Courses After 12th

4. Understanding of Business

As most people don’t know, that business can not be run by just opening it. BMS provides you with a clear understanding of all the aspects of the business. As a BMS graduate, you are considered a qualified entrepreneur and a businessman.

5. Flexibility

The most versatile subject among all is BMS, as it can relate to almost all fields of business. You have a pool of opportunities lying infront of you once your BMS is done. You will have the option to choose the industry where you have the highest potential for career growth.

Check: Course details of Bachelor in Management Studies

Benefits of Pursuing Bachelors of Management Studies 2024: Scope of pursuing BMS Degree

Here is the scope of studying the Bachelors of Management Studies as follows - 

1. Versatile Career Pathways

BMS graduates have access to various career pathways, including finance, marketing, human resources, operations, and more. The degree's versatility allows individuals to explore different domains and specialize based on their interests.

2. Industry Relevance

The curriculum of a BMS program is often designed to align with current industry trends, ensuring that graduates possess relevant skills and knowledge sought after by employers. This enhances their employability and readiness for the workforce.

3. Leadership Development

BMS courses often focus on developing leadership qualities, strategic thinking, and decision-making skills. This prepares individuals for managerial roles, allowing them to lead teams and drive organizational success.

4. Entrepreneurial Opportunities

The program equips students with a holistic view of business operations, fostering an entrepreneurial mindset. Graduates may choose to start their ventures, utilizing their management acumen to create and manage successful businesses.

Check: NCHMCT JEE Eligibility 2024

5. Global Perspective

In an increasingly interconnected world, BMS programs often emphasize international business and cultural understanding. This global perspective enables graduates to navigate diverse markets and work in multinational corporations.

6. Further Education and Specializations

A BMS degree serves as a stepping stone for higher education, including pursuing master's degrees in specialized areas such as finance, marketing, or business analytics. This opens doors to more specialized roles and advanced career opportunities.

7. Industry Demand

With businesses constantly evolving and seeking skilled professionals, there's a consistent demand for management graduates. Industries ranging from hospitality to healthcare, finance to technology, actively seek individuals with management expertise.

Check: NCHMCT JEE Application Form

8. Continuous Learning and Growth

The field of management is dynamic, requiring professionals to stay updated with evolving trends and technologies. This offers continuous learning opportunities and avenues for professional growth throughout one's career.

9. Internships

While you are in your last year of BMS, you will get a chance to apply for internships. Most of the institutes offer an internship of 11-12 months in reputed companies. Getting your internship completed will help you gain practical experience of how your work life will be after graduation. You will also get field training while being on your internship.

You can complete your internship during your holidays, and also, if you are lucky enough, you can get a chance to study abroad and pursue a 4-year degree in management studies. 

But just for a reminder, please check all the related details for internships for the institute you are applying for.

Check: 15 Super Careers You Should go for after 12th

10. Placement

The scope of a Bachelor of Management Studies is wide, and you can grab a dream job if you are dedicated enough. Most of the institutes have campus placements, wherein you get to face interviews with highly reputed organizations and companies. 

Just be prepared and break the doors with a bang. Even if you are not interested in any of the campus placement companies, you can apply for the ones you dream of. There is no such hard and fast rule regarding that.

Check: Government jobs after 12th

Benefits of Pursuing Bachelors of Management Studies 2024: Best Colleges

The table below has a list of colleges offering Bachelors of Management Studies. 

Colleges	Description
Narsee Monjee College of Commerce and Economics (NM College), Mumbai	NM College is highly regarded for its BMS program, known for its comprehensive curriculum and industry exposure.
Symbiosis Centre for Management Studies (SCMS), Pune	SCMS is a part of the prestigious Symbiosis International University and offers a well-rounded BMS program with a focus on practical learning.
Christ University, Bangalore:	Christ University is known for its rigorous BMS curriculum, emphasizing holistic development and industry-relevant skills.
St. Xavier's College, Mumbai	St. Xavier's College offers a reputable BMS program with a strong emphasis on academic excellence and practical exposure through internships.
Shaheed Sukhdev College of Business Studies (SSCBS), Delhi	SSCBS, affiliated with the University of Delhi, offers a highly competitive and sought-after BMS program known for its academic rigor.
Loyola College, Chennai	Loyola College offers a BMS program focusing on imparting management skills along with ethical values and social responsibility.
Jai Hind College, Mumbai	Jai Hind College provides a comprehensive BMS curriculum and emphasizes practical learning through industry projects and internships.
HR College of Commerce and Economics, Mumbai	Known for its strong faculty and industry connections, HR College offers a robust BMS program focusing on skill development and practical exposure
Amity University, Noida	Amity University offers a BMS program with a strong emphasis on industry-oriented curriculum and experiential learning.
Madras Christian College (MCC), Chennai	MCC offers a well-rounded BMS program emphasizing both theoretical concepts and practical applications in management studies.

Conclusion

In conclusion, pursuing a Bachelor of Management Studies offers a multifaceted array of benefits that transcend academic realms. From honing leadership skills to fostering a deep understanding of business dynamics, this program equips individuals with a versatile toolkit for success. Its ability to bridge theory with real-world applications and cultivate adaptable professionals underscores its enduring value in today's competitive landscape, making it an invaluable asset in carving a fulfilling and impactful career path.

Check: NCHMCT JEE Eligibility 2024