Bachelor of Management Studies

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Bachelor of Management Studies or BMS is an undergraduate program for management studies offered by many universities throughout the world. The course allows you to obtain the knowledge and skills to be assume management positions in a wide range of organisations. Management studies programmes provide students with a solid foundation in organizational behavior and human resource management while electives in labor-management relations, negotiation, conflict resolution, compensation systems,and organisational development allow students to develop deeper knowledge in specific areas of interest. [1] In addition to business management course, it will equip you to understand how organisations work, how they are managed, and how they interact with local, national and international environments.[2]

BMS Programme structure[edit]

Core and Major Curriculum[edit]

This programme enables students to develop advanced knowledge and skills in a range of business functions while setting them within the wider context of current business practice. [3] In the first and second years, students have a variety of choices with an understanding of the role of the core business disciplines: [4]

In third year, stundets will study Organizational Strategy and they will have a choice of subjects from a list of options, based on their own interests and career aspirations. [4]These options offer excellent opportunities to gain relevant work experience to prepare for their careers or add an international dimension to their undergraduate study. [6]

Main Course Descriptions[edit]

This course gives a brief introduction to the critical management skills involved in planning, structuring, controlling and leading an organization. It provides a framework to help students understand managing and being managed. Thus,leading them to become a more effective contributor to organizations that they join. Students can develop a system view of organizations through examining organizations as part of a context. It aims to train the learners to diagnose and suggest the suitable solutions to various managerial and organizational cases.[7]

The focus of this course is to explore the principles of leading and managing people efficiently in today’s global entreprises. In this field, students access HR policy and practice in the areas of employment law, job analysis, employee relations and international HRM.[8]

It is an organizational behavior course, examining individual, interpersonal, and group effectiveness at work. Topics range from decision- making, motivation, and personality to networks, influence, helping, leadership, teamwork, and organizational culture. The learning method is heavily experiential, with a focus on applying key principles to the human side of management in role-play exercises, simulations, and group projects in local organizations.[7]

The objective of the course is to provide students with insights from economic theory which are relevant to applications in managerial decision making. The emphasis is on applying microeconomics ideas to solve problems . Topics covered include consumer theory, production, applications to the labour market, market structure, monopoly, oligopoly, product differentiation, pricing, game theory, decision analysis, bargaining, auctions, and asymmetric information.[9]

This course provides an introduction to environmental management with a focus on law and policy as a basic framework. The primary aim of the course is to gives students a deeper practical sense of the important relationship between business and the natural environment and to think critically about how best to manage this relationship.[7]

The first half of the course studies strategic situations (competition and rivalry, entry deterrence, standard setting, etc.) and formulates decision models of these situations. While the modelling is based on game theory, students will be taught how players play in real life games according to growing empirical evidence.The second half of the course studies the way managers interact with the different constituencies inside the firm- workers, board members, and other managers. It presents, again with a heavy emphasis on the evidence, different managerial styles and their impact on firm process, entrepreneurial management styles, organizational change and technology, managerial compensation and governance, and corporate culture.[9]

Optional Courses[edit]

The flexible management courses share a common first year before allowing you to focus on your chosen specialism to enhance your career prospects.[10]The dissertation and optional modules allow students considerable opportunities to focus their studies on areas of special interest.[11] Students are able to choose some elective modules (optional courses) from a selection list include:

Placements and Internships[edit]

Most of the universities offer a one-year work placement option or studying abroad opportunity for a four-year degree on management studies. Undertaking the Management Studies Programme will give you the opportunity to gain work experience during your holidays or attend a short-term management training program to strengthen the essential business strategies . The experience of working for a leading institution can be invaluable as it enables students to build strong capabilities to adapt the constantly changing business environments in their future careers. Students will acquire skills and competencies by investigating an issue within a company and producing a complete research report.[13]The programme will give students a clear direction whether they wish to go straight into the job market, or to earn a graduate degree for career advancement.[14]

What job could I be doing for Internships?[edit]

  • Marketing: Assistant Brand Manager; Technical Marketing Assistant; Media Planner & Buyer[15]
  • Supply Chain Management: E-commerce Analyst[15]
  • Banking, Finance and Accountancy: Global Investment Manager; Mergers & Acquisitions Analyst; Audit or Tax Trainee; Treasury Assistant[15]
  • Human Resources: International Recruitment Consultant; Training Coordinator[15]
  • IT: Systems Analyst; Project Analyst[15]

Career Options after Bachelor of Management Studies (BMS)[edit]

Employability skills[edit]

Demonstrating employability skills is crucial to students standing out from the crowd in the face of today's fierce job market competition.[16]Graduates from BMS become equipped with a portfolio of transferable skills which employers in all sectors look for. These include general skills such as being well organized and having effective communication skill, but aptitudes specific to studying Management include:[17]

  • Business acumen: this course gives students an insight into business practise, financial transactions and commercial ventures. This is valuable because on of the most skills most commonly sought by graduate recruiters is commercial awareness.[17]
  • Problem solving: most graduate employers look for this quality in potential recruits. Our Management courses teach you specific ways to approach problems and further develop your critical thinking skills.[17]
  • Ability to use statistics and quantitative methods: for certain graduate jobs such as market research, some areas of banking, and some types of consultancy, knowledge of statistics, quantitative methods and related software packages is a real asset.[17]
  • Global thinking: the ability to see the bigger picture in a 'whole systems' manner. Useful for strategic roles within a range of organisations.[17]

Career Direction[edit]

In 2009, 65% of graduates from BMS went into full-time employment approximately. 22% work in the commercial, industrial and public management sectors. Others found work as health professionals (14.8%), in retail (14.4%) and marketing (12.5%). [18]The Bachelor of Management Studies Degree will be relevant in a vast number of professions; particularly within all business related sectors. [19]This course will provide the perfect gateway for a career in:

References[edit]

  1. ^ University of Illinois at Chicago Business. "BS Management". UIC Business. Retrieved 15 October 2014. 
  2. ^ The University of Warwick. "BSc Management". Warwick Business School. Retrieved 15 October 2014. 
  3. ^ University of Bath. "BSc in Management". University of Bath School of Management. Retrieved 16 October 2014. 
  4. ^ a b LSE Management. "BSc Management Programme structure". The London School of Economics and Political Science. Retrieved 16 October 2014. 
  5. ^ a b c d e f g h London School of Business and Finance. "BSc (Hons) Business Management Course Structure". London School of Business and Finance. Retrieved 16 October 2014. 
  6. ^ Cass Business School. "Business Studies Course Overview". City University London. Retrieved 16 October 2014. 
  7. ^ a b c The Wharton School, University of Pennsylvania. "Management Department Course Descriptions". Wharton. Retrieved 18 October 2014. 
  8. ^ New York University School of Professional Studies. "Leadership and Human Capital Management". New York University School of Professional Studies. Retrieved 19 October 2014. 
  9. ^ a b London School of Economics and Political Science. "LSE Management MG301 Strategy". LSE Management Department. Retrieved 18 October 2014. 
  10. ^ Manchester Business School. "BSc (Hons) Management Course Description". The University of Manchester. Retrieved 16 October 2014. 
  11. ^ Durham University Business School. "Business And Management Course Content". Durham University. Retrieved 16 October 2014. 
  12. ^ a b c d e f g University of California Berkeley. "Undergraduate Business Courses". Hass School of Business. Retrieved 16 October 2014. 
  13. ^ City University London. "Business Studies Placements and Internships". Cass Business School. Retrieved 15 October 2014. 
  14. ^ LSE Department of management. "BSc Management Careers". The London School of Economics and Political Science. Retrieved 15 October 2014. 
  15. ^ a b c d e University of Bath School of Management. "BSc in Management Placements". University of Bath. Retrieved 18 October 2014. 
  16. ^ Warwick Business School. "BSc Management Careers". University of Warwick. Retrieved 18 October 2014. 
  17. ^ a b c d e LSE Management Department. "LSE Management Careers". LSE BSc Management Employability skills. Retrieved 18 October 2014. 
  18. ^ Angela Foster. "What to do with a degree in management studies". theguardian. 2014 Guardian News and Media Limited or its affiliated companies. Retrieved 19 October 2014. 
  19. ^ a b c d e f London School of Business & Finance. "BSc (Hons) Business Management – Career Direction". London School of Business & Finance. Retrieved 18 October 2014. 

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