Business Management Degree, Requirements, Tuition Cost, Jobs and Salary

Business and marketing deals with understanding market, managing people, various operations, information system, finance, policies and rule

Marketing deals with the strategies for developing products, pricing, promotions and diffusion

Marketing is responsible for implementing and executing strategic plans for an organization in order to increase the number of customers and perpetuate existing ones

• Marketing skills include

• Ability to think innovatively and visionary

• Budget management

• Skills to foresee identify trends and challenges

Marketing is a unique discipline that varies time to time which also includes marketplace examine, brand evolution, advertising promotions, sales, social media and public relations

Human Resource was invented in 1960

Combination of core business knowledge with an experience In human resources explores the human dimension of business management.

Human Resource deals with strategically managing people as business resources.

Human Resource is described as both, members working for an organization and the responsible department for managing resources

Human Resource is a core business function needed to effectively operate an organization

Human resource includes planning personnel needs, recruiting, and conducting jobs, orienting and training, managing wages and providing benefits, evaluating performance.

Money delineates business triumph. Apprehension about finance helps business gain over competitors.

Finance exaggerate shareholder value and it deals with capital decisions that an organization designs

Finance implicate the assessment, declaration, and administration of economic activity and is essential for the successful and productive operation of firms and markets

Sound financial management generates a value and authoritative ability through the allotment of scanty resources

Finance includes

• Managerial Finance:
  • Managerial Finance deals with internal and external implication of rigid financial figures
• Corporate Finance:
  • This is related to banking investment and the role of an investment bank to calculate companies financial requirements

Leadership is designed for people intended to gain knowledge about theoretical and practical management skills

Leadership is a learning of interpersonal system and strategic skills necessary to create and administer an efficient business team

Leadership has a long-range perspective

Leaders are few among a million who demonstrates a high level of passion for their work and personally invest in tasks and projects

Pursuing leadership has many responsibilities such as 

• provide a team with a vision

• trains and help develop team member

• encourages creativity

Areas of leadership include

• Sales

• Human resources

• Entrepreneurship

• Retail

• General management

• Management or Leadership Rotational programs

Entrepreneurship combines a wide range of educational theory in the field of business management with the latest applied thinking in the area of entrepreneurship

Entrepreneurship provides knowledge and skills required to strategize, establish and run own business

Being an entrepreneur has its own perk such as being equipped with skills needed to drive innovation and adapt to change.

Business Management and Entrepreneurship programme will originate understanding and managing individual, operations, logistics, marketing, and finance.

Entrepreneurship provides employability skills that include

• professional presentation

• Team working

• leadership

• communication

• problem-solving

Healthcare management fits best for students who seek a career in senior management in health service delivery and in managing aspects of healthcare organizations which includes training, appointing staff members

Healthcare is a fast-evolving career field. Excel in healthcare organization one should possess knowledge in business

Successful Healthcare management includes both industry-specific knowledge and business administration

Healthcare Management includes areas such as

• Accounting

• Communication

• Regulation

• Financial resource management

Health business is a major global business opportunity driving future growth and national prosperity.

An Organization requires a strong leadership for optimal performance

Leadership is a quality which can be both inbuilt and can be acquired

Organizational Leadership pledge with human psychology as well as expert techniques

Organizational leadership is an area of business that characteristically meets the challenges and goals gathered an employee or an organization

Organizational leadership considerate strength as well as weakness of an organizational workforce, business patterns, and periodic operations

Organizational leadership requires the following qualities

• Ethics

• Communication

• Vision

A Student perusing organizational leadership can seek career in managerial, executive and administrative positions in the private or public sector

Organizational leaders must have a vision for the future

Business Management with Project Management flourish an understanding of the theory and steps required to undertake effective project management

Project management provides knowledge about contemporaneous projects, programs and portfolio management, professional skills and attitude

Project management embed issues in international business management which includes international business environment as well as significance of methods, finance, promotion and organizational behavior

Project management involves the following characteristics

• professional competencies

• business economics

• people and organization

• business logistics

• portfolios and programmes

• project risk and value

• quality management

Hospitality management encircle industries and business

There is no specific educational requirements or experience

The following degrees can be earned by hospital management

• Associate degree in hospitality management

• Bachelor Degree in Hospitality Management

• Master Degree in Hospitality Management

• Doctorate Degree in Hospitality Management

Hospitality management deals with business, human resource and customer service

Hospitality management is best for students who wish to peruse career in hospitality industry such as hotel general management and restaurant management

Hospitality management includes areas of business such as

• restaurants

• hotels

• casinos

• resorts

• tour agencies

• airlines

Hospitality management can fetch job title as

• Lodging manager

• Restaurant Manager

• Casino manager

• Cruise director

• Concierge

• Travel agent

• Hotel/Motel Manager

• Event Planner

• Facilities Manager 

International business focuses on Managing and leading international business

International Business disciples evolve and succeed in complicated, global and multilingual environments

International Business management accentuate the root of finance management, human resource management, and marketing inward an international setting and global square

International Business supports understanding of business code and application, legal issues, and management scheme

International Business management disciples must have knowledge about

• International business law

• International finance and banking

• International marketing

• International entrepreneurship and innovation

• Global business research and analysis

• International business planning

• Corporate social responsibility and international development

• Business networking

International Business management is designed for disciples who are highly motivated, anxious with global mindset and adequate with sharing and  contributing to their experiences

Behind every successful business, there is a team of proficient office administrators

Thus, office administration is a set of fixed or routine job to support periodic office activities

Office management has high tasks involved and the theme is concerned with working of an organization as a whole which includes employees as well

Office management involves the following phases i.e.

• Design
• Implementation
• Evaluation
• Maintenance

The aim of an office manager is, efficient working organization, enabling employees to be productive and adaptable

Office administration position is one among frequently publicized and highly in demand, providing job security, diversification and authority, opportunities to work in multifarious workplaces, and a desirable general training ground

Sports Management infuses you in the field of sport by engaging you in the role of administration and leadership

Sports Management graduate program helps you to be employed in areas of sport.

sorts management is also based on fundamental social, educational and cultural values

Sports management is designed to provide skills and expertise needed to administer industries related to sports and related business and organizations

• Sports Management covers fields such as

• physical education

• coaching

• management and business ethics

• law

Business sports management includes specialties such as

• Sports Management

• Marketing

• Business Administration

• Accounting

• Economics

Sports Management can fetch jobs in fields such as

• Event management

• Sports marketing

• Sports economics

• Facility management

• Sport finance

Communication plays a vital role in the success of any organized program or policy

Communication can be oral, written, fax e-mail face to face

Business organizations relay on management functions such as planning, organizing, leading and controlling which require communication methods

Communication acts as a decision-making factor in an organization.

There are two classifications of communication i.e. top-down and bottom-up

Importance of communication is as follows

• Communication promotes motivation

• Communication is a source of information

• Communication plays a crucial role in altering individual’s attitudes

• Communication also helps in socializing.

• communication also assists in controlling process

Digital marketing provides essential ingredients of a traditional business as well as the selection of advanced technology.

With an evolving growth of industries, demand for digital marketing is at peak.

Digital marketing includes courses such as

• accounting
• micro/macroeconomics
• business law
• marketing
• information systems
• ethics
• e-commerce
• web development
• database systems
• supply chain management 

digital marketing includes career paths in account management, sales, online branding and video marketing, email marketing, search engine marketing, social media, website design, Wordpress, Flicker, Tumblr, and content writing

Digital marketing acts as a predictive method for determining customers lifetime value, and develop an appropriate business strategy

The business management economics suits for students who are interested to peruse career in business or management with roots in economics and a choice of applied science related to business

Students will learn about using computer as an important means for study of economics, statically and financial data

Economics provides a way to explore in academic knowledge of economics, business, and management to issues and problems in the real world

Special preparations are not needed other than courses required for admission

Economics provide careers in the following areas

• Accounting

• Banking

• Financial analysis

• Investment advising

• Management consulting

• Marketing

• Non-profit management

• Public administration

• Real estate

• Teaching

Operations management is the key core function of every company

Operation management refers to the organization or business patterns to create a high efficiency within a workforce

Operation management deals with planning, organizing and supervising the context of the yielding, manufacturing or the outline of services

Operational management basically converts materials and labor into efficient equipment’s and services and also increase the profit of an organization.

Operational management balances cost with revenue to attain a better operational profit

The activities in operational management include

• Creation of product

• Development

• Production

• Distribution

• Managing purchases

• Inventory control

• Quality control

• Storage

• Logistics

• Evaluations of processes

Data analytics surveys large amount of data to expose hidden patterns, correlations, and perceptions

Data analytics helps to analyze their customers, predict the competitive environment and emerge out trends that help to maintain competitive edge

Data analytics performs task such as

• It Finances new initiatives

• Selects appropriate workspace for the workforce

• Creates a streamlined workflow

• Chooses the best vendors to work with

• Ensures that return on investment is high

Data analytics covers the methodologies, algorithms, issues, and challenges related to analyzing business data. 

The objective of logistics is to process a raw material accumulation until the final stage i.e. delivery goods to its destination

Logistic management involves various elements including

• Selection of a convenient dealer with ability to provide transit facility

• Selection of the most efficient transportation routes

• Discovering the most proficient delivery methods

• Appropriate use of resources and software to adequately handle related processes

Logistic management is the authority on supply chain functions

Logistic management includes activities such as

• inbound and outbound transportation management

• fleet management

• warehousing

• materials handling

• order fulfillment

• logistics network design

• inventory management

• supply/demand planning

• management of third force logistics services providers.

Technology management deals with evolution, progress, implementation, and appraisal of technological adequacy to mold and accomplish the critical and operational objectives of an organization

Technology management can be termed as integral planning, outline, expansion, control of mechanical products and services

Business technology management includes

• technology planning

• project management

• support

• database services

• disaster recovery

• network management

• security

• document services (e-billing, document formatting, mass printing, and mailing)

Information technology also develops a leader in business world who can easily adapt to current technology and familiarize to rapid changes in organization

Information technology has a set of rules to manage technological foundations to attain better advantages

Retail management is a process of popularizing larger scales and client satisfaction by a better understanding of the buyers of the goods and the service provided by the organization

Retail management also refers to the process involved that helps the customer to buy the desired material from the distributor

Retail management is a sequence of process which helps the client to procure the desired material from the distributor

Retail management conserves time and ensures the client locates the distributor appropriately

Retail management is one of the evolving careers in the industry with enormous growth in economy

The career that can be perused is as follows

• Retail Manager

• Store Manager

• Retail Buyer

• Merchandiser

• Analyst

• Supply Chain Distributor

• Marketing Executive

• Warehouse Manager

• Brand Manager

• Customer Care Executives

• Image Promoter

• Merchandise Manager

• Department Manager

Organizational development is the operation of managerial resources to improve efficiency and increase productivity.

Operational development deals with areas such as experimentation, theory, and tradition dedicated to increasing the knowledge and performance of individual to achieve better performance

Organizational development is a procedure of serving organizations improve their methods, skills, administration, control or work redesign

Organizational development is a field that consists of business, industrial/organizational psychology, human resources management, communication, sociology, and many other disciplines.

Basic elements of organizations include

• Assumptions

• Values

• Behavioural norms

• Behavioural patterns

• Artifacts

There are various benefits that add to increased profits

• Continuous Improvement

• Increased Communication

• Employee Development 

• Product & Service Enhancement

• Increased Profit

Sustainable management is a junction of business and sustainability

Environmental sustainability pose challenge for societies and businesses alike, one seeking solutions from experts in business, environmental management, ethics, and social responsibility

Sustainability management is process of supervising a firm’s impact on

• People

• Planet

• Profit

Sustainability management targets to contribute towards

• economic development

• social advancement

• environmental protection

sustainable development is a pattern of progress that increases the quality of life without causing any harm to the natural resources

Sustainability management provides adaptable skills such as

• lifecycle management

• environmental accounting

• eco-efficiency assessment

• corporate stewardship

• sustainability policy development

• earth systems engineering and ethics

Emergency management is dealing with avoiding risk, especially those that have fatal consequences for society, regions or entire countries

Emergency management consist of steps for developing policy and plans to respond and to minimize, the effects of natural disasters or crises.

Emergency can be categized under    

• Wildfires

•  Hazardous materials incidents

• Floods or flash floods

• Hurricanes

• Tornadoes

•  Winter storms

• Earthquakes

• Communications, public transportation, or electricity failures

•  Radiological accidents

• Civil disturbances

•  terrorism, war

• Loss of key suppliers Explosions

Emergency management can fetch career in the following fields

• Emergency Management

• Community Emergency Response Team

• Emergency Services

• Government and Local Government roles

• Non-Government Organisations

Cybersecurity is a technique of protecting data, network, computers, programs from attack manipulation, damage or unauthorized access

With an increase in cost and volume of data, cybersecurity is evolving from being considered by business head as a technical issue to a wider business threat

A study of cybersecurity gives knowledge about

• Cybersecurity policy

• disaster recovery plans creation

• risk governance

• approach, concepts, methods, and techniques for incident handling.

Efficient cybersecurity minimizes the risk of cyber attack, and defend organizations and personal accounts from unauthorized usage of systems, network, and technologies

Cyber attacks can be reduced by using few security essentials such as

• Asset Security

• Communication and network security

• Identification and access management

• Security assessment and Testing

• Security operations

Christian ministry management helps to understand the business aspects of church leadership.

A study of Christian ministry consists of

• Biblical Studies

• Christian Education

• Youth Ministry

A study of Christian ministry will possess the following abilities

• Effectively interpret and communicate the Word of God

• Develop a philosophy of ministry that is consistent with Scripture

• Administer local church ministries

• Articulate leadership principles applicable to the local church

• Articulate a vision for the church that includes church growth and world evangelism

• Speak relevantly to the crucial issues faced by society and the church

• Develop a philosophy of education consistent with Scripture

• Develop skills and various styles of teaching that are requisite for the discovery and transmission of truth