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Mohit Dhulia
The Diploma in Corporate Management is a one-year programme that requires a bachelor’s degree and emphasises management basics while also educating you for the ever-changing business world. This one-year certificate programme focuses on the issue of management education. This programme of study will provide students with a deep understanding of the procedures and ideas that underpin key business management concerns.
For a Diploma in Business Management programme, a minimum of 50% in an undergraduate degree is necessary. The prerequisites of the institute dictate the admissions process. This course is designed for students who want to advance their careers in business or administration by learning about human resources, marketing, risk management, and policies and operations. It’s the ideal school for people who wish to quickly begin learning business and management skills following graduation. Other institutes, on the other hand, admit students who have finished the tenth grade.
Students will gain a thorough insight and knowledge of the processes and ideas that underpin core business management issues through this course of study. Financial accounting, corporate administration foundations, project management concepts, human resources, and operations management are all common themes. Business mathematics, microeconomic fundamentals, commercial law, business ethics, and human resource management are examples of coursework. There are numerous motivations for enrolling in a diploma programme. Enhancing a student’s decision-making and problem-solving abilities is one of them. Furthermore, obtaining a business management diploma may prepare programme graduates for advancement and increased pay.
A diploma normally takes one to two years to complete, and expenses vary by school. It’s a good idea to look into your alternatives by contacting individual colleges that offer programmes you’re interested in to find out about enrollment and tuition costs. Business management career paths are diverse, and many companies seek graduates with innovative ideas to provide them a competitive edge. Human resources manager, corporate communications director, business administrator, customer relations supervisor, marketing manager, and project management administrator are some of the job titles available. Some people choose to continue their education by enrolling in a degree programme or focusing their abilities on entrepreneurship, such as owning a small business.
Many colleges provide distant learning modules for a variety of degrees. Individuals with a hectic schedule who require a more flexible educational approach can consider enrolling in an online programme. To get started with a course, find your programme below and fill out the lead form to contact the admission office of the school of your choice directly.
The curriculum requirements vary by institute, however an undergraduate degree requires a minimum of 50% in order to graduate. The admissions process is determined by the institute’s requirements. Some of them use a merit-based or direct-admissions system.
The curriculum requirements vary by institute, however an undergraduate degree requires a minimum of 50% in order to graduate. The admissions process is determined by the institute’s requirements. Some of them use a merit-based or direct-admissions system.
| Degree Type | Diploma |
| Name | Diploma in Business Management |
| Duration | 1 Year. |
| Age | Minimum 21 |
| Eligibility | 45 to 55% in bachelors |
| Admissions | Merit-based |
| Average Fees | INR 30,000 – INR 50,000 |
The application process for a Diploma in Business Management varies by institute.
Commercial management is a branch of education that focuses on providing information and preparation for the planning, execution, oversight, and analysis of a business venture (enterprise). One can learn about the foundations of an organisation or association, as well as different user levels, such as production, financial, administrative, HR, sales and marketing, and others, in this sector of training. The course will help you gain a better understanding of essential business operations and how they interact with the larger strategic and international environment. Through the study of leadership, organisational change and transformation, and strategic management, you will broaden your knowledge and awareness of current business changes.
You will have improved your knowledge and comprehension of business and management concepts and principles, theoretical frameworks, and applied analyses by the end of the programme. This will be accomplished through a variety of learning opportunities, such as live case studies and guest lecturers. You’ll also learn important problem-solving, project management, and teamwork skills. There are numerous motivations for enrolling in a diploma programme. Enhancing a student’s decision-making and problem-solving abilities is one of them. Furthermore, obtaining a business management diploma may prepare programme graduates for advancement and increased pay.
A Diploma normally takes one to two years to complete, and expenses vary by school. It’s a good idea to look into your alternatives by contacting individual colleges that offer programmes you’re interested in to find out about enrollment and tuition costs. Business management career paths are diverse, and many companies seek students with innovative ideas to provide them a competitive edge. Human resources manager, corporate communications director, business administrator, customer relations supervisor, marketing manager, and project management administrator are some of the job titles available. Some people choose to continue their education by enrolling in a degree programme or focusing their abilities on entrepreneurship, such as owning a small business.
Many colleges provide distant learning modules for a variety of degrees. Individuals with a hectic schedule who require a more flexible educational approach can consider enrolling in an online programme. To get started with a course, find your programme below and fill out the lead form to contact the admission office of the school of your choice directly.
Graduates of the Business Management Diploma programme will be prepared for entry-level management employment. The foundation courses in the programme provide an overview of the fundamental skills and procedures needed to succeed in today’s corporate climate. Management fundamentals, human resources management, business law, negotiations, operations management, enterprise development, business planning, and international business will be covered in specialised courses for graduates. The curriculum focuses on how essential management concepts are used in the real world.
Here is the list of skillsets that are required for the course
Successful managers must be able to communicate effectively in all formats, including writing, speaking, and listening. As a team manager, you’re the link between front-line employees and upper management. You’ll communicate with a wide range of people, from entry-level employees to department heads and CEOs, in a variety of ways, including email and social media, phone calls, and presentations, meetings, and one-on-ones. You’ll need to build trust with your staff so that they feel comfortable providing information with you and vice versa. You’ll need to make yourself readily available and accessible to your staff to discuss any issues or concerns that occur in order to keep channels of communication open.
This can be facilitated by having an open door policy or holding weekly or monthly team meetings. Maintain eye contact, smile, and listen intently to show your employees that they are valued. A good attitude and an open mind go a long way toward fostering a healthy work atmosphere. Don’t place yourself on a pedestal or shut yourself off. Simple actions like active support, recognising accomplishments, and showing interest in your employees’ lives guarantee that they feel appreciated. Employees who work in a favourable environment are happier and more motivated.
Because you’ll be juggling several obligations as a manager, great organisational abilities are essential. You’ll be responsible for managing your own workload, supervising the work of others, attending meetings and training sessions, doing appraisals, and reviewing corporate regulations. At this level, sloppy work practises, tardiness, and a general lack of organisation will not be accepted, and will set a negative example for your employees. Stress is reduced, time is saved, and crucial deadlines are accomplished when you have good organisational abilities.
Delegating responsibilities to coworkers helps many managers manage their hectic schedules. To do this efficiently, you must first analyse and determine your employees’ skills, then assign jobs to each one based on their skill set. Delegation isn’t a show of weakness; in fact, it can help a manager accomplish more while also building the confidence and talents of his or her team.
This is a manager’s responsibility to see the broad picture, so in addition to today’s chores and obligations, you’ll need to think for the future. This entails aligning priorities with company goals, reviewing processes and rules, attending training, and overseeing your team’s CPD efforts. As a strategic thinker, you’ll foster innovation and change in order to improve the productivity and profitability of your team and the organisation as a whole.
In a managerial job, you’ll be responsible for detecting and solving problems on a daily basis. This necessitates a high level of attention to detail as well as the capacity to remain calm under duress. When problems develop, you’ll have to think quickly to keep your team productive and the workflow running smoothly.
You’ll be able to come up with unique solutions that have the least amount of negative impact on your team and the company as a whole if you use creative thinking. When you need to make a quick decision on how to finish a task or meet a business objective, thinking on your feet comes in handy. It’s critical to be able to swiftly analyse the advantages and disadvantages of a scenario and make an informed decision.
Employers are in desperate need of this skill. In fact, recruiters claim that the majority of graduates are lacking in commercial awareness. Understanding the marketplace in which a business operates and what makes a corporation successful is vital if you want to get to management level. To do so, you’ll need to demonstrate that you:-understand the organization’s objective and goals understand the industry in which the firm operates, as well as the political and economic factors that affect the company, and be able to identify the company’s rivals.
Managers must perform a supportive role in addition to being company selection. If you’ve advanced to this level, you’ve accumulated a wealth of experience, information, and abilities, and it’s your responsibility to share that knowledge and skills with others. This entails providing personnel with training and advice, as well as boosting their confidence and abilities. You’ll be the driving factor behind team members’ advancement in a management position.
People are at the heart of management roles, and the ability to form successful relationships is crucial. To lead a team, you must first acquire the respect of your peers. To accomplish so, you must be able to deal with people successfully. Setting aside time to get to know team members on a personal and professional level, whether through social activities or team-building training, will go a long way toward winning their respect while preserving professional responsibilities. You must exhibit your managerial abilities and authority while still being able to contribute as a team member.
The excellent thing is that you can quickly acquire all of the necessary skills. All of the aforementioned skills can be learnt, honed, and developed through a variety of activities, including:
| College Name | Average Annual Fees |
|---|---|
| Symbiosis International University, Pune | INR 2,88,000 |
| WLCI School of Fashion, Pune | INR 4,35,000 |
| ITM Business School, Mumbai | INR 4,65,000 |
| Indian School of Business Management and Administration, Hyderabad | INR 30,900 |
| GD Goenka University, Gurgaon | INR 2,60,000 |
| School of Inspired Leadership, Gurgaon | INR 4,49,000 |
| Semester I | Semester II |
|---|---|
| Management of Accounting and Applied Statistics | Human Resource Management |
| Principles of Management | Financial Managers |
| Management Information System | Marketing Management |
| E-Business | Production and Operation Management |
| – | Project (Thesis) |
One of most satisfying feature of a management profession is that you gain transferable abilities that may be used in any industry. Business Strategy, Human Resources, Business Administration, Finance Management, IT Management, Retail Management, Hospitality Management, Consultancy Services, and International Business Management are just a few of the management specialisations available.
A Sales Manager’s main responsibilities include managing and directing a company’s sales team, setting and achieving sales goals, and expanding the brand’s reach to increase sales. Sales Managers devote a substantial amount of effort to cultivating connections with clients and business partners, in addition to developing sales strategy and campaigns.
They must work with product development and marketing teams to produce campaigns that will increase customer brand engagement and drive sales. Marketing, company management, business administration, and client relationship management are all skills that sales managers must possess. They should have excellent communication skills, a strong sense of teamwork, and a desire to move the firm ahead.
Managers of computer and information systems are in responsibility of a company’s technological functions and needs. They are also known as IT Managers, and they work closely with top executives to identify their computer and IT requirements. Database administrators set precise goals and strategies to satisfy the company’s tech-related (both software and hardware) needs once the provisions are drafted.
A Computer and Information Systems Manager must be well knowledgeable of the newest technological developments, as this is a very tech-oriented employment role. Individuals must also be well-versed in mathematics, software development, network security, cybersecurity, and Internet operations, among other subjects.
Public affairs managers work to improve and preserve their client’s or employer’s public image. They devise, implement, and monitor campaigns and content aimed at improving a company’s public image. Public relations managers create media releases, answer media questions, prepare speeches for product launches and media events, write pieces for business publications, compile media kits, and organise conferences for their clients.
They must respond to any negative news and deal with any public relations crisis. A degree in journalism, communications, or public relations is required for PR managers. They should be able to communicate effectively, present themselves well, be organised, manage their time well, and lead others.
Human resource managers are in charge of directing and managing a company’s workforce (employees). They act as a link between the company’s top management and its employees. HR Managers collaborate with top executives to develop strategies for recruiting, interviewing, and keeping personnel. HR managers are also responsible for boosting employee morale and productivity in the workplace, developing talent acquisition plans, monitoring employee performance, evaluating employer-employee relations, developing HR policies, conducting annual salary surveys, and developing training programmes, among other things.
HR Managers are in charge of ensuring that a company’s human resources run smoothly. They make ensuring that all HR policies and programmes are in line with the company’s mission, vision, and objectives. Listening, negotiating, and communication skills are essential for HR managers.
A General Management is a vital part of managing a specific unit within a huge corporation, as the name implies. In MNCs or huge firms that divide their business into many divisions, a General Manager’s function is quite standard. General Managers are in charge of planning and executing a business unit’s strategy and budget, allocating resources, supervising ongoing projects, monitoring staff performance, formulating policies, liaising with manufacturers and stockholders, identifying commercial opportunities, and hiring new employees, among other things.
General managers, in other words, are all-rounders who oversee all areas of a business unit. Commercial awareness, communication, organisational, and leadership skills are essential for general managers. They must be comfortable with computers and office software such as Excel, Outlook, and Google Drive.
Marketing managers are responsible for raising brand awareness, growing brand reach, and promoting a company’s products and services to the target audience. They have a big say on how a brand looks and feels, as well as how it interacts with its target audience. Internal teams are managed, marketing/sales campaigns are planned and designed, seasonal promotional offers/discounts are determined, and the marketing team is liaised with to market the brand’s messages on print, digital, and social media platforms.
Marketing Managers can work in a variety of industries, including retail, media and advertising, hospitality, healthcare, finance, and information technology. This management position is best suited for candidates with a creative mind and excellent business acumen. Furthermore, Marketing Managers must have excellent communication and leadership skills.
The PGDM is one of India’s most sought-after certifications since it qualifies you to work for firms and organisations in various industries. With a PGDM, you can advance to senior positions, change industries, and start earning more money. As corporations seek business specialists capable of solving real-world business difficulties in a post-pandemic world, the need for management professionals is constantly increasing. Management is a wide topic with numerous sub-domains. When you enrol in a PGDM programme, you can choose to specialise in one of those sub-domains and work in a certain industry. If you complete a PGDM in HR, for example, you can work in the human resources management field in a variety of capacities.
Because of these factors, a PGDM certification opens up a plethora of career opportunities. Now we’ll take a look at some of the highest-paying jobs for people with this credential. You can use this information to determine which occupations in this industry you wish to follow and create a career plan based on that information. As per a poll, managers and sales and marketing executives were the most in-demand professions at roughly 19 percent of organisations. Professionals in the field of technology came in second on the list.
The strong demand for management professionals is one of the main reasons for the high average PGDM pay in India. Furthermore, management is an important component of any organisation. Absent skilled management specialists, no matter what industry your firm is in, it can’t function correctly. Another reason for the rising demand for PGDM professionals is this.
You can expect to see the pay for this qualification increase further as different industries pick up the pace.
| Job Names | Details | Average Anuual Salary |
|---|---|---|
| Production Manager | In an association, the Product Manager is in charge of dealing out the business, work concerns, and account. For item presentation and determining promoting methods, creates item requirements, details, valuation, and time schedules. They also produce things by conducting statistical surveys. | 7 to 8 lacs |
| Marketing Manager | The Marketing Manager is in charge of developing, implementing, and launching promotional plans for a firm in order to attract new and existing clients. | 6 to 7 lacs |
| Business Management Executive | A supervisory position is held by a Business Management Executive. He is competent of managing worker activities, training, recruiting, and locating new representatives, as well as ensuring that an organisation is on track to accomplish its financial goals. | 2 to 3 lacs |
| Finance manager | The Finance Manager is in charge of an organization’s financial stability. They are responsible for budgetary reporting, developing methodology or designs, and directing venture exercises to achieve the organization’s long-term financial goals. | 8 to 9 Lacs |
| Business Analyst | A Business Analyst is responsible for assessing an organisation and its business area, as well as business archives, frameworks, and cycles, in order for Human Resources to assess the plan of action. | 7 to 8 lacs |
Management, unlike engineering, medicine, commerce, law, and science, has been a very popular professional discipline/field in India for millennia. Due to the huge, diverse, and ever-growing businesses and services in numerous sectors of the economy, extremely capable and inventive management specialists are essentially required in individual organisations and firms, and at various hierarchical levels.
Furthermore, the intense and ever-increasing competitors in the world of business and services/professions have increased the demand for experienced and innovative management professionals and executives in many economic sectors in India and overseas. As a result, opulent and prolific management courses are now among the most popular and in-demand professional degrees in India and internationally.
Finally, in today’s world, investing time, money, and energy in a management degree is a good move. As these degrees become increasingly specialised, candidates will be able to uncover their primary interests and quickly enter the best organisations. All they require is the assistance of the best management schools.
Students can pursue following Bachelor’s and Master’s degree after completion of their course:
Postgraduate degrees in Management:
Undergraduate and postgraduate programmes in business management are separated into two categories. Courses such as Bachelor of Business Administration (BBA) and Bachelor of Management Studies (BMS), as well as an Integrated MBA, are available at the undergraduate level.
Relevant business degrees, on the other hand, may necessitate a lot more math than these basic requirements. Beginning calculus and statistics, on the other hand, are the only math required for most traditional business administration, accounting, human resource management, and economics degrees.
The primary subject of economics and management studies in business. However, you will also gain knowledge in areas such as finance, human resources, public relations, and marketing. In the process, you will also obtain transferable skills and knowledge, such as a grasp of how organisations operate.
A diploma in business management outperforms a university degree because it is flexible and economical, despite the fact that it has always been a source of debate and discussion.
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