BUSINESS MANAGEMENT
Business management focuses on the organising, planning and analysing of business activities that are required to efficiently manage and run a business.
You will learn what makes an organisation successful in a saturated global business environment and will gain the knowledge and skills required to work for businesses of all sizes - from multinational companies to start-ups.
Education :
For the aspiring entrepreneurs and business leaders, a business management degree is consistently a popular choice. It provides the academic knowledge and skills to pursue global career opportunities and helps you develop a broad understanding of businesses and specific areas such as finance and human resources. But if you’re still not 100% sure if a business management degree is for you, here are five reasons that will convince you.
5 benefits of studying business management
Posted 12 May 2020
What is business management?
Business management focuses on the organising, planning and analysing of business activities that are required to efficiently manage and run a business.
You will learn what makes an organisation successful in a saturated global business environment and will gain the knowledge and skills required to work for businesses of all sizes - from multinational companies to start-ups.
Develop key management skills
One of the biggest highlights of studying a business management degree is the key management skills that will allow you to be a valuable asset to any organisation. You will build a skill set to respond to challenges and current developments in business and society, giving you the ability to make informed managerial decisions that consider ethical, economic and social implications. Some of these essential business management skills include:
critical and strategic thinking
communication
problem-solving
organisation
presenting
reporting
leadership
project management.
Employability
Students who choose to study business management at university graduate with highly desirable transferable skills and strong business knowledge, two things that are sought after by potential employers. As you progress through your business management degree you will be able to shape the direction of your career, choosing a specialist area of business that interests you such as entrepreneurship or human resource management. Graduates of business management are presented with a variety of job opportunities in:
management
consultancy
marketing and advertising
human resources
retail and sales
finance.
An introduction to the business world
A business management degree will help you gain in-depth knowledge and understanding of the core elements of business and management - it’s also a great introduction into the world of business if you have no prior experience. It provides industry insights, such as market trends and industry reports, which can prove to be invaluable and you will be encouraged to apply academic theory to real-life business situations that will help you kickstart your career once you graduate.
Be your own boss
Not only will you have fantastic career opportunities after you graduate, but you will also have the core elements to start your own business - all you need is a business idea to get you started. Through developing your entrepreneurial skills and being able to test launch any business ideas you might have, a business management degree puts you on the path to be your own boss - you might even meet your future business partner at university.
Learn about multiple disciplines
If you’re not 100% certain on what you want your future career to be, or you just want to have a broad knowledge, then a business management degree is an excellent choice. You will learn an overview of the main business functions that contribute to the success of a business and then often be able to specialise in an area of your choice. These typically include:
human resource management
entrepreneurship
finance
service operations.
Other areas you may study could be consultancy, supply chain management or even global business.
When you graduate with a business management degree, you graduate as a well-rounded student with a diverse knowledge of the business world.