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BMS Course: Full Form, Details, Scope, Top Colleges 2024

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Kamaldeep

10 July, 2024

BMS Course: Full Form, Details, Scope, Top Colleges 2024

BMS full form is Bachelor of Management Studies. It is an undergraduate programme for management studies. The BMS course duration is 3 years. Now, coming to the scope, after pursuing this course you will acquire the information and abilities required to get managerial positions in various businesses. You will gain a solid management and strategy formulation foundation from the Management Studies programme. Moreover ,you can expand your expertise in certain fields of interest, like global management, finance, marketing, and human resource management.

In addition to the fundamentals of business management, you will acquire knowledge of the domestic and global business ecosystems and how companies function. The student-centric approach focuses on techniques and abilities that support autonomous problem-solving and lifetime learning.

If you have passed 10+2 from a recognised board with an aggregate of 50% or more, then you can apply for this course. You can easily get admission to BMS courses through entrance exams or college/university independent exams. Some commonly accepted entrance exams are CUET 2024 and XET. Read the blog to learn more about BMS’s top colleges, admission procedure, career opportunities and salaries. We have tried to bring every possible intel that can help you to get your dream job.

What is BMS Course?

BMS course is a management studies course which you can pursue after completing the 12th standard. It comprises advanced management courses and topics necessary for a business or an organisation to operate efficiently. Thus, BMS delivers extensive knowledge in business research, economics, and human resource management.

BMS full form Bachelor of Management Studies
Course Duration 3 Years
Eligibility Criteria Completed 10+2 from a recognised board with an aggregate of 50% or more (Relaxation for SC/ST/PWD)*
Top Colleges Shaheed Sukhdev College of Business Studies
St. Xavier’s College, Kolkata
St. Xavier’s College, Mumbai
Silver Oak University
Average Course Fees INR 70,000 – 1,50,000
Career Options Business Analyst
Marketing Manager
Financial Analyst
Human Resources Manager
Average Salary in India INR 7 LPA – 16 LPA*

Scope of BMS Course

You will gain a thorough understanding of the dynamic management landscape, creative company strategies, trade, financing, stocks, and risk management by completing the BMS course. It consists of a range of educational programmes and extracurricular activities that are vital to your professional growth and a deeper comprehension of real-world dynamics.

You should concentrate on improving your communication and team-building abilities as you get ready to enrol in the BMS programme. It also helps you to get familiar with the share market, derivative market, and financial position. You’ll discover how to approach managerial challenges with effectiveness and with objectivity.

Why Should You Study BMS?

  • Develop an extensive knowledge of the changing field of management.

  • Learn about entrepreneurship and creative business strategies.

  • Learn about investing, trading, finance, and risk management.

  • Engage in a variety of extracurricular activities and training programmes for comprehensive growth.

  • Learn the fundamentals of team development.

  • Become more proficient at communicating with people.

  • Learn about the stock market and financial scenarios.

  • Acquire the ability to analyse situations impartially and resolve managerial dilemmas.

  • Prepare yourself for a variety of managerial positions in a range of companies.

  • Gain from a student-centred approach that encourages self-directed problem-solving and lifetime learning.

Who Should Study BMS?

Anyone can study BMS if they fulfil the eligibility criteria. However, if you have an interest in the following domains then BMS is the right fit for you.

  • Future Managers: Enrol in BMS if you wish to acquire managerial abilities.

  • You’re Passionate About Starting Your Own Company: You want to learn more about innovation and entrepreneurship, BMS can assist you with that.

  • Those Who are Passionate About Finance: You have a strong desire to comprehend finance, trading, and the stock market or you wish to become knowledgeable about financial planning and risk management then opt BMS.

  • Team Player: You take pleasure in working together and in groups. You wish to improve your leadership and team-building abilities.

  • Successful Communicators: You respect the capacity for persuasive and straightforward communication. You have a strong desire to enhance your communication and public speaking abilities, Tada! Join the BMS programme.

Eligibility Criteria & Course Duration

Students who have completed their 10+2 (higher secondary education) in any stream (Science, Commerce, or Arts) from a recognised educational board with 50% or more are eligible to pursue a BMS course. However, some colleges have different mark criteria. The duration of the BMS course is 3 years.

BMS Course Admission 2024

The majority of institutions and colleges offering BMS programmes select students based on their results in the qualifying entrance exam. Processes like group discussions (GD) and individual interviews (PI) are also commonly practised during the admission process. Certain colleges conduct additional entrance examinations, such as ones that assess presentation and writing skills. Furthermore, some colleges also provide admission based on merit, determined by class 12 scores.

BMS Course Specialisations

There are various specialisations in BMS courses. Let’s discuss each specialisation in detail.

  • Finance: You will gain knowledge of risk management, investment techniques, and financial planning. Moreover, you will be able to examine financial statements and comprehend market trends with the help of this specialisation.

  • Marketing: You will study customer behaviour, brand management, and a variety of marketing strategies. Developing your capacity to design successful marketing campaigns and plans is the main goal of this specialisation.

  • Human Resource Management: Gain knowledge about hiring, training, managing performance, and employee relations. This specialisation aids in your comprehension of workforce development and management.

  • Global Management: Global market dynamics, cross-cultural management, and international business practices will all be covered in detail. This specialisation equips you with the skills necessary to operate in a global corporate setting.

  • Entrepreneurship: You will gain knowledge about venture financing, innovation, and launching and running your own company. The emphasis of this concentration is on cultivating an entrepreneurial attitude and skills.

  • Operations Management: You will study production scheduling, quality assurance, and supply chain management. You will also gain the skills necessary to increase business operations’ efficacy and efficiency with this specialisation.

BMS Course Structure

There are 6 semesters in the BMS course. The subjects are divided based on the specialisation opted for. We have listed subjects in the table below.

Semester 1 Semester 2
Introduction to Financial Accounts Principles of Marketing
Business Law Industrial Law
Business Statistics Business Mathematics
Business Communication-I Business Communication-II
Foundation Course-I Foundation Course-II
Foundation of Human Skills Business Environment
Business Economics-I Principles of Management

 

Semester 3 Semester 4
Information Technology in Business Management-I Information Technology in Business Management-II
Foundation Course (Environmental Management) – III Foundation Course (Ethics & Governance )- IV
Business Planning and Entrepreneurial Management Managerial Economics-II
Accounting for Managerial Decision Business Research Methods
Strategic Management Production and Total Quality Management

 

Semester 5 Semester 6
Logistics and Supply Chain Management Operation Research
Corporate Communication and Public Relations Project Work
Elective Subject Elective Subject
Elective Subject Elective Subject

BMS Course: List of Top 10 Colleges

You can read about the institutions that offer BMS courses and their fee structure in the table below.

Institution Name Accreditations Fee Structure
Shaheed Sukhdev College of Business Studies NAAC A Grade INR 72,445
St. Xavier’s College, Kolkata NAAC A Grade INR 58,000 per semester
St. Xavier’s College, Mumbai NAAC A++ Grade INR 179,000
Silver Oak University INR 1,50,000
HR College of Commerce & Economics, Mumbai NAAC A Grade
Delhi University NAAC A+
Mithibai College  NAAC A 
Guru Nanak College of Arts, Science & Commerce NAAC A+
Narsee Monjee College of Commerce & Economics NAAC A Grade
SASMIRA’s Institute of Commerce and Science NAAC B+

Career Opportunities after BMS Course

  • Business Analyst: You’ll examine business procedures, spot inefficiencies, and make suggestions for how to enhance operations. You will be responsible for compiling and analysing data, creating reports, and assisting organisations in making data-driven decisions.

  • Marketing Manager: This job role will help you to promote goods and services through advanced marketing strategies. To increase brand visibility, your duties will also involve administering social media platforms, conducting advertising campaigns, and doing market research.

  • Financial Analyst: In this job profile you will help with financial planning, assess financial data, and predict economic trends. To support business decisions, you must prepare financial reports, analyse investment prospects, and offer insights.

  • Human Resources Manager: You will oversee hiring, employee relations, and development and training initiatives. Developing HR policy, resolving issues at work, and making sure labour laws are followed are all part of your responsibilities.

  • Operations Manager: You’ll supervise day-to-day activities, make sure resources are used effectively, and simplify procedures. Managing supply chains, liaising with many departments, and enhancing operational performance are among your responsibilities.

  • Project Manager: You’ll organise, carry out, and complete tasks on schedule and within budget. Managing resources, organising teamwork, and making sure project objectives are reached are all part of your job.

  • Sales Manager: Creating sales strategies, managing sales teams, and meeting sales goals. Developing client relationships, finding new market prospects, and analysing sales data are some of your duties.

  • Entrepreneur: You can start a startup business. Finding business opportunities, obtaining capital, creating company plans, and promoting expansion are all part of your job description.

BMS Salaries in India

Check out the salary range offered for respective job roles. The range of salary depends upon the years of experience and level of expertise.

Job Role Salary Range (INR)*
Business Analyst 6 LPA – 9 LPA
Marketing Manager 7 LPA – 10 LPA
Financial Analyst 6 LPA – 10 LPA
Human Resources Manager 8 LPA – 11 LPA
Operations Manager 7 LPA – 12 LPA
Project Manager 6 LPA – 9 LPA
Sales Manager 8 LPA- 14 LPA
Entrepreneur 7 LPA – 12 LPA

Source: Glassdoor

Conclusion

To sum up, earning a Bachelor of Management Studies (BMS) will provide you with an in-depth education covering a wide range of management topics and position you for a variety of fulfilling job options. Moreover, in fields including finance, marketing, worldwide management, human resource management, and finance, you will acquire in-depth knowledge and useful skills. BMS courses include extracurricular and elective alternatives that guarantee well-rounded development to tackle difficulties in the real world.

After your BMS, you can succeed in managerial positions, launch your own company, or seek higher education. This course will put you on the right track to success in the ever-evolving profession of management by encouraging critical thinking, lifelong learning, and effective problem-solving.

FAQs

Q1. What is the Bachelor of Management Studies BMS?

BMS full form is Bachelor of Management Studies. It is an undergraduate course. It is of 3 years duration. It gives you the abilities and information required to take on managerial positions in various businesses. Key subjects covered in the programme include operations management, marketing, finance, human resources, and business strategies.

Q2. What are the subjects in BMS?

There are various subjects in the BMS course. Some of them are Principles of Management, Business Economics, Financial Accounting, Marketing Management, Human Resource Management, Organisational Behaviour, Business Law, Operations Management, and Strategic Management.

Q3. What is the BMS salary?

After completing a BMS degree, your expected pay will vary based on your experience level, industry, and employment function. Starting salaries for BMS graduates in entry-level roles typically range from INR 6 to ₹9 lakhs annually. You can anticipate increasing compensation with experience and advanced responsibilities, which could reach ₹16 lakhs or more annually.

Q4. What is the scope of BMS?

You can work in a variety of industries, including finance, marketing, operations, human resources, and entrepreneurship, with a BMS degree. Careers in business analysis, marketing, finance, human resources, operations, and project management are all possible. Furthermore, the degree offers a strong base for further studies, such as an MBA or other specialised master’s degree.

Q5. Does BMS offer a good career?

Yes, BMS is a good course choice. It gives you the abilities you need to succeed in managerial roles and opens you to an abundance of prospects in many areas. The programme gives you a solid foundation for future study and professional development, as well as leadership responsibilities. You may launch an exciting and fulfilling career in the ever-expanding sector of management with a BMS degree.

Q6. Is BMS good or bad?

BMS is typically a good option for people who want to work in management or the business sector. It provides thorough instruction along with useful skills that are marketable in the workforce. Because of the programme’s flexibility, you can explore several industries and career choices.


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