Updated February 10, 2022
Bachelor in Management Studies or popularly BMS course, is a 3 year UG degree. A BMS course offers managerial skills, economics and valuable aspects of business. Dynamics of management, HR techniques, entrepreneurship, trading, finance and risk analysis are key highlights of a BMS. Essentially, the curriculum aims prepare business managers for real world so that they could actually contribute achieving goal of the business organization.
To run a business in actual world, business analytical skills are of great help. And, a BMS course offers that skill in three specific fields viz. Finance, HR and Marketing. Unlike BBA which is core studies in Management, the BMS gives analytical and management skills both. BMS and BBA graduates both can take up MBA for better employability but the former is getting more popular. In fact, after 12th BMS is more common choice for students these days.
Many topics are common to BBA and BMS course and the two degrees are seen as synonymous with each other. It is the University which decides what a college would conduct BMS or BBA. Let’s dig up the essential qualifications and other essential aspects of a Bachelor of Management Course.
What is BMS Course?
Full form of BMS is “Bachelor of Management Studies” that develops necessary skill set for market. The course lets you gain the skills set and knowledge very much required to take up management roles within company set-up. The programme aims inculcating various management skills during the course, including planning, structuring, controlling, and leading an organization that makes the . The program also includes various training sessions and extra co-curricular activities necessary for the students’ overall development to help them understand real-world challenges. Moreover, it offers multiple specialized courses that students can choose from to advance into the same career prospects.
During the management studies programs, they provide students with an understanding of organizational behavior and human resource management. Additionally, electives in labor and management relations negotiation, conflicts resolution and compensation systems, and organizational development enable students to better understand specific fields of study. Alongside business management, this course can help you know how organizations function and operate and how they relate to object-oriented programming with C++ and data structures in national and international contexts.
Eligibility Criteria to the BMS Course
The admission seeking admission in the course will need some basic essential qualifications. Some eligibility criteria are listed below-
(a) The candidates interested in studying Business Management Studies have to complete their class 12 or equivalent with any stream (Arts, Commerce, and Science) from a recognized board.
(b) A minimum of 50% aggregate marks must be obtained in their intermediate examination. There would be 5% relaxation on the candidates belonging to the reserved category (45 percent for reserved category students). This could be different from college to college.
(c) Candidates should have good command over communication skills, creative thinking, patience, and basic aptitude-related management.
(d) To get admission in the course, students will need to qualify for the entrance exam specified by the university they wish to apply to.
(e) Several colleges in India consider entrance exam scores for the selection of candidates for admission. The entrance exams for BBA and BMS are common. Some of India’s top BBA/BMS entrance exams include Delhi university JAT, Christian University Entrance Test (CUET), NPAT, UGAT, IPMAT, AUMAT, FEAT, Banaras Hindu University Entrance Test, and many more. However, some also provide admissions based on their intermediate or class 12th scores.
(f) Aspirants interested in pursuing a BMS course abroad should have excellent grades in the 10+2 examination. Apart from clearing 10+2, you also need to score the required percentile in English proficiency tests like TOEFL, IELTS, or PTE. Notwithstanding, the aspirants should have Letters of Recommendation (LORs), SOP, Marksheets, etc., from other components of the admission process.
Admission Process to the BMS Course
Very few colleges in India provide admission to the Bachelor of Management studies programme on the basis of intermediate or higher secondary examination score where they would have to mark above a minimum percentile (varies from one university to another). However, there are several other colleges that offer admission to the course only after qualifying entrance exams of the same colleges or national level entrance exam. The students of the respective application forms must give an entrance exam and clear it to get access to the Bachelor of Management program. It is mandatory for every student interested and highly motivated to enhance their excellent skills and experience in management to stand out in the market. After crossing the cut-off marks, the eligible candidates would be called for a personal interview round. Based on the entrance exam score and performance in the interview, candidates will be finally shortlisted for admission to the BMS course. To make a clear mental map for the students, I have listed down 5 phases that every student would have to complete to finally be admitted to the course. Among them are-
(a) Your first step for admission will be checking the eligibility criteria whether you are completing the specific qualifications for the program or not. If you are eligible, then you can definitely apply for admission in the state of their choice.
(b) You will proceed for next step or phase of admission to the BMS program, when you satisfy the 1st step or phase. In this phase, aspirants will have to fill the application form correctly and upload the documents in appropriate format and size. After few days, admit card for the entrance programme will be announced.
(c) The third one is the most important step or phase of admission process because the selection of candidates is based on the performance made in the entrance exam. In this phase, you will have to appear for the entrance exam of the course and qualify for it.
(d) You will be called for a personal interview/counselling round when you make your score above the cut-off set up by the respective colleges or national level entrance exam entrance board’s cut-offs. It is the fourth phase of the course of admission.
(e) It is the last phase or fifth phase of admission in the programme. In this phase, candidates would be selected based on their score in the entrance exam and performance in the interview round. If student names are shortlisted, admission to the Bachelor of Management Studies is finally granted.
BMS Programme Structure
The BMS programme offers a plethora of subjects that students can choose from according to their interests and career aspirations. These options provide excellent opportunities to gain relevant work experience to prepare for their career. As this program is a 3-years undergraduate course, it has numerous essential subjects that would have to be studied in three years. Some of the important core disciplines in the course are-
(a) introduction to Finance
(b) Introduction to Marketing
(c) Micro Economics
(d) Operations and Information management
(e) Human Resource management
(g) Organizational Behaviour
(h) Business Law
Since it is an interdisciplinary course, so the curriculum also includes various optional subjects that students would have to complete within the specified duration of the course. The optional subjects add multiple aspects of management skills in the students. Some of the important optional subjects in the course are-
(a) Strategic management
(b) Managerial Economics
(c) Bank Strategy and Management
(e) Introduction to International Business
(g) Advanced Financial Accounting
BMS Course Fees
The Bachelor of Management Studies is a job-oriented and professional course that covers a range of advanced studies in the field of management. Since, it is one of the popular courses all over the world that teach various subjects, so the colleges will charge different fees to the students. The BMS course fee varies significantly in every country. The average fees of the BMS course in India is Rs. 1-2 Lakh on an average. In Canada, the expenses of the BMS course lies between INR 22-50 lakh.
Specializations in BMS Course
In today’s stiff competition, it has become the dire need for the students to be specialized in one of the fields along with other important skills and experience. So to help them to stand out from the crowd, this programme offers various specialization courses that students can choose of their choice and gain excellent skills and managerial functions in the same field. For instance, if they wish to make a career in the tourism industry, they should opt for BMS in Travel & Tourism course, or if they want to make their career in the marketing domain, they can make their long stride towards the same. Some of the popular BMS specializations are listed below:
(a) Finance and Accounting
(c) Digital Marketing
(d) Business Analytics
(e) Human Resources
(f) IT & Systems
(i) Hotel Management
(j) Travel & Tourism
Scope After Pursuing BMS Course
Following finishing the BMS course, graduates can pursue a Master’s degree and further research studies. Even entrepreneurship can be an exciting and lucrative job option for BMS students, and they could start their own business after completing the BMS course.
Notwithstanding, the BMS Course offers numerous job opportunities in the areas, including Finance, Marketing, Corporate Houses, Educational Institutes, Banking Organizations, Financial and Retailing Services, and many more. With the requisite skills and experience, the BMS degrees will help you access private and government-sector jobs. BMS course pay on average can range from the amount of Rs. 20,000 to Rs. 40000/month, depending upon your knowledge and experience. In a Government position, the salary will be based on your pay range and grade.
Being a robust field, studying the BMS course will fetch you enough employment opportunities, which will land you in impressive profiles, such as:
(c) Business Adviser
(d) Business Development Manager
(e) Corporate Investment Banker
(f) Market Research Analyst
(g) Human Resource Manager
Courses after Business of Management Studies-
Most of the students went up for employment after completing their BMS course. But, there is a part of students who went for higher studies to advance their career. To assist you in this course, I have listed several options that students can choose from. Some of them are-
(a) Master of Management Studies (MMS)
(b) Masters in Management (MIM)
(e) PG Diploma in Financial Management
(f) PG Diploma in International Business Management
(g) MBA in Retail Management
(h) MBA in Quality Management
(i) MBA in General Management
Top Colleges for Bachelor of Management Studies Course
(1) University of Delhi
(2) Shaheed Sukhdev College of Business Studies, Delhi
(3) University of Mumbai
(4) IP Univerity, Delhi
(5) St. Xavier College, Mumbai
(6) Jain Univerity, Bangalore
(7) Shiv Nadar University, UP