Bachelor of Management Studies (BMS) is an undergraduate degree that is globally recognized spreading across the duration of 3-4 years. It aims to help students specialize in an array of managerial skills thus assisting them to gain the efficiency and knowledge needed to pursue managerial careers. Further, it prepares individuals for the practical and competitive world of management and assists them in gaining an understanding of how an organization works as well as its hierarchical structure and operational behavior. One such degree course is which mainly covers several academic disciplines of Business Studies, Economics, and Finance. Through this blog, we aim to elaborate on a complete list of BMS subjects and what they entail to equip undergraduates with the right skills and knowledge required for a career in Management
Quick Read: Business Management Courses
This Blog Includes:
|Course Name||Bachelor of Management Studies (BMS)|
|Major Subjects||Principles of Management, Business Statistics, Human Resource Management, Organisational Behaviour, Law and Policy, etc.|
|Eligibility Criteria||10+2 in any stream; Specific entrance exams organized by universities|
|Employment Areas||Finance and Retailing, Sales and Business Development, Marketing, Self-Employment|
|Job Profiles||Business Development Management, Financial Analyst, Marketing Manager, Business Analyst|
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Commonly offered as a 3-year program, Bachelor of Management Studies (BMS) encompasses a wide range of core and interdisciplinary subjects of Business and Management. Here is an overview of BMS syllabus as a 3-year undergraduate degree programme:
|Year 1||Business Communication
Foundation of Human Skills
Computer Applications in Business
|Year 2||Management Accounting
Direct and Indirect Taxes
Business Aspects of Banking and Insurance
Cooperatives and Rural Markets
Business Ethics and CSR
Service Sector Management
Human Resource Management
Business Research Methods
Public Relations Management
Note: The BMS syllabus elaborated above is only for indicative purposes. Actual course offerings, duration and curriculum will differ as per the course and university.
BMS Subjects List
Every university has a different curriculum and subjects. However, there are some common topics and BMS subjects. Check out the list of BMS subjects below:
- Strategic Management
- Managerial Economics
- Bank Strategy and Management
- Introduction to International Business
- Human Resource Management
- Digital Marketing
- Business & Corporate Law
Major Topics Covered
BMS course structure is designed in a manner that it assists students in enhancing their decision-making skills and leadership qualities to handle the managerial and leadership positions where both attributes are necessary. Below we have compiled a comprehensive list of some of the key BMS subjects that are perused in this course:
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A prominent one in our list of BMS subjects, Strategic Management focuses on highlighting the essential managerial activities of planning, assessment, monitoring and analysis which are necessary for the growth and achievement of organisational objectives. Topics included under Strategic Management are strategic planning, implementation, growth-share matrix, horizontal and vertical integration, etc.
In Managerial Economics, students apply theories, tools and methodologies of economics to solve the practical problems faced by a business organisation. It is one of those BMS subjects that amalgamate the field of Management with Economics. Topics covered in Managerial economics are managerial theories of firms, basic economic principles, demand analysis, amongst others.
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Bank Strategy and Management
As a part of BMS subjects focusing on Bank Management, this subject comprises of various tools and techniques employed by banks to efficiently handle its resources. This subject will explore as to how leading banks are managed and lead strategically. Asset-Liability Management, Asset Management, Marketing of Financial Services, etc are the topics covered in Bank Strategy and Management.
Quick Read: How to Become a Bank Manager?
Since entrepreneurship is an emerging specialisation of Business and Management, it has been incorporated as an essential part of BMS subjects. This topic encompasses the different skills and strategies employed by an entrepreneur in setting up a new business taking risks and uncertainties into consideration, for example, earning profits from the business. Topics covered in this subject include the concept of entrepreneurship, functions and types of entrepreneurs, business layout design, etc.
Also Read: MBA in Entrepreneurship
Introduction to International Business
International Business involves those trade activities which are done across national territories and boundaries. This sub-discipline was added to the list of BMS subjects with an aim to provide students with the knowledge of globalisations and its impact on the domain of business and management. It includes varied concepts such as theories of multinational firms, global stakeholder strategy, issues in the global supply chain, corporate strategies in international expansions, etc.
Other than the BMS subjects mentioned above, check out the following table that elucidates some other pivotal topics that this undergraduate program covers:
|The subject comprises of varied tools and techniques
used by leaders to facilitate the development of group
and problem-solving while working through issues as well
as transcend differences.
|It includes several concepts like accounting operations,
mergers of public holding companies, operation of foreign
currency, changing financial statements prepared in local
and foreign currencies, etc.
|Accounting||It covers topics regarding the record booking of financial
transactions in books of accounts, learn about basic
accounting concepts, etc which are to be used in business
|It involves financial activities like loans and investments,
and financial markets, services, financial instruments, etc.
|This subject helps students learn to solve organisational
problems and learn about how a business process can
enhance greater efficiency and management.
|Definition of marketing, its types, how to effectively market a
product or service to clients or customers, how marketing is
essential for the growth of the business and economy, etc.
|Different processes of recruitment, selection, orientation,
training and development, etc. of new employees in the organisation
and management of the existing employees by an HR in
|Micro Economics||Microeconomics is the study of the behaviour of individuals
and firms. It is one of the important BMS subjects and topics
covered under Microeconomics are Marginal Utility theory,
Demand and Supply, Price Elasticity of Demand and Supply,
Best Options After BMS!
BMS Subjects Books
There are numerous books available online and in nearby markets. Referring to right books will help you in preparation and while pursuing the course as well. Check out the list of top BMS subjects books:
- Delhi University BMS Guide 2020 (Old Edition)
- FY BMS Books,2nd Semester Mumbai University
- BMS Semester 1 Set Of Books ( Also Available Individually )
- Delhi University BMS Guide 2019
- Delhi University: Joint Admission Test (JAT) – BMS/BBA (FIA) & B.A. (Hons.) Business Economics Exam Guide
Top Universities for BMS Abroad
A Bachelor’s degree in Management Studies is awarded across the world under different names, like the Bachelor of Business Management (BBM) in the US, Business Management B.A. (Hons) or B.Sc. (Hons) Management in the UK. Some of the top universities for this course are:
|Michigan State University||Bachelor of Arts in Accounting||4 Years||USA|
|Auckland University of Technology||Bachelor of Business Accounting (Major)||3 years||New Zealand|
|RMIT University||Bachelor of Analytics||3 years||Australia|
|Northumbria University||Bachelor in Accounting||4 years||UK|
|Maryville University||B. S. in Business Administration||4 years||USA|
|Robert Gordon University||Bachelor in Accounting and Finance||4 Years||UK|
|Pace University||BBA in International Management.||4 years||USA|
|University of Alberta||Bachelor of Management in Business Economics||4 years||Canada|
|University of Toronto||Bachelor of Business Administration||4 years||Canada|
|The University of British Columbia||Bachelor of Commerce and Marketing||4 years||Canada|
|York University||Bachelor of Business Administration||4 years||Canada|
|Massachusetts Institute of Technology||Bachelor of Science in Management Science||4 years||USA|
Top Colleges in India for BMS
Tabulated below are the top colleges in India offering Bachelor of Management course.
|Name of College/ University||Location|
|Indian Institute of Management||Bangalore|
|Indian Institute of Management||Ahmedabad|
|Indian School of Business||Hyderabad|
|Indian Institute of Management||Lucknow|
|Faculty of Management Studies||New Delhi|
|Indian Institute of Management||Kozhikode|
|Xavier Labour Relations Institute||Jamshedpur|
|Jamnalal Bajaj Institute of Management Studies||Mumbai|
Salary After BMS Course
Completing a bachelor’s degree in Management like BMS can help you avail entry-level managerial profiles in reputed organisations around the world. BMS graduates generally get a salary package of around 3 LPA to 8 LPA (indicative) but it can massively differ as per the profile and company you have opted for. Further, extensive professional experience, internships and training and a globally accredited degree can further expand your career horizons and help you achieve a higher salary package as well.
After completing the BMS course you can either go for higher studies or start working. There is a huge demand for BMS graduates at the global level. Graduates are able to land high-end jobs and earn between the range of 3 LPA – 8 LPA. From corporate houses to academic institutions there are immense job opportunities for BMS students. Some of the popular job profiles are as follows:
- Assistant Manager
- Project Manager
- Business Development Manager
- Business Development Executives
- Sales and Marketing Executives
- Marketing Coordinator
- Quality Specialists
- Quality Assurance Analyst
- Trainer or Human Resources
- Account Manager
- Teachers and Lectures
- Assistant Professor
BMS or Bachelor of Management Studies is an undergraduate degree that equips you with the skills and knowledge necessary to pursue a career in management.
A BMS degree is generally of a duration of 3-4 years.
Answer) Some of the major topics covered in the BMS syllabus includes:
– Strategic Management
– Managerial Economics
– Bank Strategy and Management
– Business Law
– Human Resource Management
A student needs to have scored a minimum of 50% of marks in any stream at the 10+2 level from any recognised board to be eligible to apply for a BMS course.
All students applying to any international university need to have a valid score in an English proficiency test like the IELTS or TOEFL in addition to the required marks and documents.
Answer) Some of the top universities in the world in the field of business and management studies include:
– Harvard University
– London Business School
– Massachusetts Institute of Technology (MIT)
– Stanford University
– University of Pennsylvania
You can choose to pursue further education in a range of different specialisation after completing BMS. Some of these include:
– Master of Management Studies
– Master of Business Administration
– Master of Business Studies
– Master of Management
– Master of Financial Management
– Master Degree in Marketing Management
– Ph.D. in Management Studies
There are a plethora of career opportunities available for BMS graduates. Here are some of them:
– Project Manager
– Business Development Manager
– Business Development Executives
– Sales and Marketing Executives
– Marketing Coordinator
– Account Manager
Thus, BMS subjects majorly cover the vast field of Management and its allied fields in a way that the students get to understand this career arena and what it comprises of. If you are planning to study a bachelor’s degree in Management abroad, reach out to our Leverage Edu experts and we’ll help you find an ideal course and university that aligns with your interests and aspirations and helps you build a rewarding career in Business and Management.