We all manage things in life. Everyone balances time. Employees handle our salary. Students manage their studies. We manage our day-to-day activities. Simply everything we do is involved with management. All the world-famous billionaires like Elon Musk, Steve Jobs, and Mark Zuckerburg learned how to manage their finances, their businesses even their personal lives in a very effective and efficient manner. And that is what led them to the path of success. Business Management is no rocket science. Anyone can easily learn this and have tremendous benefits.
what is Business Management?
Business Management is simply a concept that involves theories and concepts that can guide a person to manage their business more effectively and efficiently. It can involve the general theories of management, the quality management theories, the financial management concepts, the acts and ordinances that are related to different businesses, managing the workforce, and many more.
So let’s see how Business Management was evolved. It started with the Art of war theory that was introduced by Sun Tzu. And then in the late eighteen hundreds, the theory of Fredrick Tyler’s principles of scientific management was introduced. In 1932, Elton Mayo conducted the Hawthorne experiments and came up with the idea “that people can be motivated more effectively by using human factors rather than using physical environmental factors. Then in the 1930s, Kurt Lewin came up with concepts of organizational expansions. Abraham Maslow introduced the theory of the hierarchy of needs in 1954. Then in 1950, Fredrick Herzberg introduced the two-factor theory. Likewise, many theories and concepts were introduced and in 2009, Daniel Pink introduced the theories on how to enhance the motivation among the employees.
Things you can study under business management
Business Management is as enormous as the ocean. And the business management degree program paints you a very big picture. It covers up theories and concepts of management along with modules such as financial management, quality management, Human Resource Management, business statistics, and many more. Usually, you can finish this program within three years.
Under a business management degree, a student can obtain knowledge about the basics in management, accounting, marketing, quality management, logistics and supply chain management as well as human resource management. Also, the student can learn basic IT which will be useful for managing a business.
Career opportunities
When you study you can become one of the following,
- Marketing executive
- Sales executive
- Business analyst
- Tax officer
- Human resource manager
- Arbitrator
- Career advisor
- Recruitment consultant
- Lecturer
- Manager (Marketing/Sales/ Business)
- Financial analyst
- Accountant
- Banker
- Logistics coordinator
- Supply chain coordinator
- Logistics manager
- Supply chain manager
Postgraduate opportunities
There are plenty of post-graduate opportunities that you can consider. Because it is essential to have a master’s qualification when you are going for higher positions in your organization.
- Jacobs University – M.Sc. in Supply Chain Management
- University of Bolton – M.Sc. in Entrepreneurship & Innovation
- University of Edinburg – M.Sc. in Management
- Coventry University – Masters in Management
- Newcastle University – Ph.D. in Business & Management
- University of Manchester – M.Sc. in Human Resource Management & Industrial Relations
- Northumbria University – M.Sc. Business with Human Resource Management
- Stanford University – Master in Business Administration
- The University of Toronto – Master in Business Administration.
And I could keep on going with the list but it will be boring. So as I was saying there are plenty of opportunities. If you can’t figure things out on your own you can contact the members of Study Overseas.
Interested in becoming a game-changer? Then this avenue is for you!
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