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Bachelor of Management Studies

Author Name

@Krish Shah

Published on March 3rd 2020

Bachelor of Management Studies

Introduction

Bachelor of Management Studies, also known as BMS, is a 3-year undergraduate course. This course is based on the study of management of various aspects of any organisation. Students having an interest in topics like Human Resource Management, Finance Management, or such can pursue this course as it covers everything. The course provides basic knowledge about how to manage an organisation and most importantly, Human Resource Management. After pursuing this course, the degree holders can either study further for postgraduate courses like Master of Business Administration or Master of Business Studies or get a job. The average starting package for a BMS degree holder is between ₹1,80,000 to ₹4,80,000 per annum. They are eligible to get placements in organisations like Banks, Corporate business, etc. in India.

Eligibility

Institutes provide entry to the students based on a few criteria stating our eligibility for the course. If we are eligible for the course in the particular institute only then, we get admission in that institute. Many institutes follow the standard requirements criteria, but few might change it so always verify this with the institute. Given below are the regular requirements criteria.

An aspirant must have completed the level of 10+2 qualification from any discipline from a recognised educational board.
An aspirant must have secured a minimum of 50% in aggregate in level 10+2 if he/she is applying form general category. At the same time, students applying from SC/ST category are relived of 5%, which means they require 45% in aggregate.
An aspirant must aspire relevant skills like Mathematics, excellent communication and problem-solving.
Some institutes might even ask the applicants to give entrance examination as informed by them.

Entrance Examination

Eligibility of an applicant can be verified through scores of the previously given examinations, but sometimes even it can not be useful. So the concept of entrance examination was introduced. Institutes ask the students to give the entrance examination and secure the desired score by the institute. There are various such examinations carried place in India. A few of these are written in the table below.

Entrance Examination	DU JAT	IPMAT	NPAT
Level/Conducted By	National/Delhi University	National/IIM Indore	National/SVKM’s Narsee Monjee Institute of Management Studies
Institutes Accepting	Delhi University	All institutes under IIM Indore	All institutes under NMIMS
Mode of Test	Online	Online	Online
Duration	120 minutes	120 minutes	120 minutes
Exam Pattern	100 MCQ	100 MCQs	120 questions
Application Fee (in INR)	General and OBC category - ₹750 SC/ST/PwD - ₹300	NA	One School - ₹1800 Two School - ₹3000 Three School - ₹4000 Four School - ₹5000 Five School - ₹6000

Syllabus

BMS course is a 3-year undergraduate course. The course is divided into six semesters. Subjects are segregated accordingly, which is displayed in the table below.

Semester	Subjects
Semester I	Foundation of Human Skill – I Finance and Cost Accounting Business Law Quantitative Methods for Business – I Effectiveness Communication – I Principles of Management – I Introduction to Computers
Semester II	Foundation of Human Skill – II Industrial Law Computer Application in Business Business Environment Managerial Economics – I Production Management Environmental Management
Semester III	Management Accounting Managerial Economics – II Marketing Management Materials Management Effective Communication – II Principles of Management – II Management Accounting
Semester IV	International Marketing Elements of Direct and Indirect Taxes Export-Import Procedures and Documentation Management of Small Scale Industries Productivity and Quality Management Public Relations Management International Marketing
Semester V	Human Resource Management Service Sector Management Finance Management Elements of Logistics Management Management of Co-operatives Rural Marketing Project Work I
Semester VI	Entrepreneurship Quantitative Method of Business – II Marketing Research Indian Management Thought and Practices Econometrics or International Finance (Elective Paper – I) Special Study in Finance or Special Study in Marketing (Elective Paper – II)

Institutes

We try to select the best institute in our city because institutes provide knowledge and experience which none other can get. But still sometimes due to some reasons we are unable to complete this process. So thinking of that, here are few most recommended institutes providing the best faculty and other necessary resources.

Institute	City	Average Annual Fee (course)
Jai Hind College	Mumbai, Maharashtra	₹20,000
Shaheed Sukhdev College of Business Studies	New Delhi, Delhi	₹12,000
Gargi college	New Delhi, Delhi	₹8,000
Deen Dayal Upadhyay College	New Delhi, Delhi	₹10,000
Sri Guru Govind Singh College of Commerce	New Delhi, Delhi	₹9,200
GIBS Business School	Bangalore, Karnataka	₹84,000
VELS University	Chennai, Tamil Nadu	₹28,000
Suresh Gyan Vihar University	Jaipur, Rajasthan	₹77,000
SJES College of Management Studies	Bangalore, Karnataka	₹1,35,000
AIMS Institute of Management Studies	Pune, Maharashtra	₹8,500

Future Prospects

The only reason for studying is to earn in the future. This course provides a lot of opportunities for the degree holders for earning a livelihood. Some of these opportunities are showcased in the table below.

Job Profile	Description	Annual Average Salary
Business Consultant	Business Consultant analyses and researches various aspects of the business as desired by the clients. They generally coordinate directly with the client for solving their queries.	₹3,00,000 - ₹8,00,000
Finance Manager	The Finance Manager is responsible for all the factors affecting the financial aspect of a business. They have to analyse, monitor, interpret cash flows, predictions of risk on investments and future trade, etc. Such monitored data are evaluated, and a Finance Manager gives financial pieces of advice to the company.	₹3,00,000 - ₹7,00,000
Human Resource Manager	Human Resource Manager is appointed for managing all the Human Resource related aspects of business like recruiting, training employees, selecting tasks, etc. Along with these tasks, they are also responsible for monitoring the discipline of the employees for the appraisals.	₹2,00,000 - ₹6,00,000
Teacher	Teachers have to be specialised in one or more topic for which they are recruited in tutorials and colleges at the post of professor. They have to prepare lessons, teach, creating plans related to studies and presenting it towards the whole class, counselling students, make tests regularly for preparing students for standardised tests.	₹2,00,000 - ₹5,00,000
Researcher	All the work while planning a project consisting of researching methods, project goals, and various test a Researcher performs parameters.	₹2,50,000 - ₹7,00,000
Budget Planner	According to the requirements of resources for any project, a Budget Planner creates a budget and present it pleasantly.	₹3,50,000 - ₹6,50,000

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