What is Business Studies all about?

Business studies specialization deals with various business activities that are linked to several industries and trade and commerce. This specialization aims to develop the understanding of the learners towards various forms of business and how each model functions in the market. The syllabus of the course is tailored as per the level at which the learner is undergoing the studies. At the primary level, basic information pertaining to operations of the business from planning, organizing, staffing, directing, controlling etc are taught and later on, this foundation is elaborated in detail to enhance the perspective of the aspirants.

Eligibility Criteria for Admission in Business Studies

If you fulfill the eligibility criteria of the targeted institute or university, it becomes easier to appear for the entrance test. So let us find out the general terms and conditions that an aspirant must fulfill to seek admission in Business Studies courses at various levels. 

Graduation

In order to get admission in BBS, an aspirant is required to either appear or have passes the 10+2 (or equivalent) examination with aggregate 60% marks (55% for SC/ST/WW/Physically Challenged Categories) in four papers including English as a compulsory subject.

Postgraduate course

If you possess an undergraduate degree from a recognised university or institute with minimum 50% overall percentage then you can apply for the postgraduate course i.e. MBS.

Doctoral course

For doctoral degree, an aspirant must have completed post-Graduation in relevant subject or equivalent with at least 50% marks in aggregate.

Business Studies Entrance Exam

Entrance exam is your first step in the direction of getting admission to a business studies college/institute. Here is a list of entrance exams in which an aspirant can appear to seek admission at various levels.

For Under-graduate Courses:

• IPM Aptitude Test: Indian Institute of Management Indore Integrated Program in Management Aptitude Test
• NMAT(UG): NMIMS Management Aptitude Test Undergraduate
• GGSIPU CET: Guru Gobind Singh Indraprastha University Common Entrance Test
• DU JET: Delhi University Joint Entrance Test
• SET: Symbiosis Entrance Test
• UGAT-AIMA: Under Graduate Aptitude Test-AIMA

For Post-Graduate Courses: 

• Common Admission Test (CAT)
• AIMA Management Aptitude Test (MAT)
• Common Management Admission Test (CMAT)
• NMIMS Management Admission Test (NMAT)
• Xavier Aptitude Test (XAT)
• IBS Aptitude Test (IBSAT) 2018

For Ph.D courses

• Department of Management Studies IIT Delhi Entrance Exam
• Management Development Institute Entrance Exam
• University of Delhi, Faculty of Management Studies Entrance Exam
• National Institute of Industrial Engineering Entrance Exam
• Narsee Monjee Institute of Management Studies Entrance Exam

Courses in Business Studies

Business Studies course can be pursue from undergraduate level and thereafter an aspirant can study and specialise in this domain till the doctorate level. This stream is aimed to hone the skills of the candidates in a manner that they grasp the art of managing the business while applying scientific principles wherever the need arises. Let us take a look at various types of courses designed for the aspirants:

Undergraduate Courses

An undergraduate degree in Business Studies stream is popularly known as B.B.S. or Bachelor of Business Studies. The duration of this degree is maximum three years and is divided into six semesters.

Postgraduate Courses

Postgraduate degree/diploma in the Business Management stream is known as Master of Business Studies (MBS). This academic degree is conducted in the time span of 2 years and is sub-divided into 4 semesters.

Doctoral Programmes

The doctoral program in the field of Business Management is known as Ph.D. in Business Studies. Various management universities conduct this program in the time span of three to five years.

Business Studies Subjects and Syllabus

As far as the business management specialization is concerned, every institute offers different modules or subjects, but in general there are some common modules that are generally included in the course curriculum of various universities and colleges.

Let us take a look at the list of the subjects that are included in the course curriculum of Business Studies specialisation:

• Accounting & Auditing
• Human Resource Management
• International Business
• Marketing
• Entrepreneurship and Innovation Management
• Corporate Responsibility

Career in Business Studies

There are various career options for Business Studies graduates in the industry. Be it banking sector, financial sector, marketing companies, stock exchanges, or BPOs, every industry has some or the other vacant position for the business studies professionals.

Top Recruiters for Business Studies

There are popular brands in India, from both Indian and International market that offer lucrative job opportunity to the business studies candidates. Some of them are as under:

1. Sapient Corporation,
2. Snapdeal.com,
3. Paypal, Inc.,
4. Wipro Technologies Ltd.,
5. Cognizant,
6. Reliance Communications
7. Amazon.com Inc,
8. Tata Consultancy Services Limited,
9. InfoSys Limited,
10. Flipkart

Salary after Business Studies

Salary is one of the key aspects when it comes to choose a career path. As far as business studies as a career choice is concerned, this field offers decent salary prospects to the aspirants. An average salary of 2 to 3 lakhs per annum is offered to the fresher who has completed his/her graduation course. For the post-graduates, an average salary of four to five lakhs per annum can be expected from the recruiters. The growth and promotion in terms of salary is decent and you can expect to earn up to 30 lakhs per annum after gaining 10-15 years of experience in the industry.

Top Business Studies Colleges in India

In the entire admission process, choosing a perfect B-school that will help an aspirant in achieving the career growth path is one of the toughest decisions. Among various B-schools and universities in India that offer courses in Business Studies specialization, here are a few best universities that you can target to pursue a bright career in this domain:

Why pursue Business Studies courses?

Business Studies course is focused to impart the know-how of subjects such as accountancy, finance, marketing, organizational studies and economics to the aspirants. Subject knowledge of these areas is necessary to learn so that the aspirants can understand the functions and principles on which an organization runs. The knowledge of business studies and allied subjects also build up general management perspective among the learners.

Job Opportunities for Business Studies

As per the level of qualification and the experience gained in the industry, there are various job titles that are given to a business studies graduate. Some of them are as under:

Job Profiles Available after Graduation

• Business Analyst
• Teacher & lecturer
• Manager
• Consultant
• Analysing Business Analyst
• Accountant

Job Profiles Available after Post-graduation

• Business Development Manager
• Finance Manager
• Accounting Head
• Management Consultant

Job Profiles Available after Ph.D. Degree

• CEO
• Business Consultant
• CFO

Top Recruiters for Business Studies

There are popular brands in India, from both Indian and International market that offer lucrative job opportunity to the business studies candidates. Some of them are as under:

1. Sapient Corporation,
2. Snapdeal.com,
3. Paypal, Inc.,
4. Wipro Technologies Ltd.,
5. Cognizant,
6. Reliance Communications
7. Amazon.com Inc,
8. Tata Consultancy Services Limited,
9. InfoSys Limited,
10. Flipkart