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Why and How to Guide Business and Management Studies?

A degree in Business and Management Studies looks at how a business or organization runs and works. This can include the business’s finances, how it is run, and how it is marketed.

Business studies, human resource management, and management studies are all examples of courses that can be taken.

What Business & Management Degrees Can You Study?

Business and Management Studies are almost always taken with another subject and cover a wide range of topics. Undergraduate degrees in Business & Management Studies include:

  • Accounting and Management BSc
  • Biochemistry with Entrepreneurship BSc
  • Business Analytics BSc
  • Business and Management BA/BSc
  • Commercial Management and Quantity Surveying BSc
  • German and Business Studies BA

Some choices are an integrated foundation year, a professional placement year, or going abroad to study. There are start dates in January.

What Do You Need to Get Onto a Business & Management Studies Degree?

Most undergraduate Business & Management Studies courses ask for 96–159 UCAS points. Not every university will base its offer on UCAS points, and some courses may have lower or higher requirements. Some qualifications could be:

  • A Levels: AAA–CCC
  • BTECs: DDD–MMM
  • Scottish Highers: AAAAB–BBBB (Advanced Highers: AAB–BBB)
  • International Baccalaureate: 38–26

Some good things to have studied are:

GCSE math grades that are good (or equivalent)

General studies and similar A Levels may not be accepted.

Experience that would make your application look good:

  • Work experience in any business field, and talking to people in charge about what they do.
  • Helping out with a social enterprise or any job that requires teamwork as a volunteer.
  • Taking an online course or MOOC can help you learn more about business and management and improve your skills.
  • You can learn more by reading books, online business magazines or journals, and the sites of professional organizations.
  • If you are eligible, you can go to summer schools like the Sutton Trust or UNIQ.

What Topics Does a Business and Management Studies Degree Cover?

Typical modules for courses in this subject include:

  • Business and environmental sustainability
  • Business economics
  • Corporate governance, risk, and ethics
  • Data Analytics
  • Fundamentals of accounting and finance
  • Human resource management
  • International business and management
  • Management and society
  • Managing change
  • Marketing principles and contemporary practice
  • Organizations and analysis
  • Strategic leadership
  • Understanding the economy

How Will You Be Assessed?

Most assessments are a mix of the following, and the mix will change from module to module:

  • Coursework
  • Essays
  • Exams
  • Group projects
  • Presentations
  • Seminar performances

Why Study Business and Management Studies?

The graduate prospects scores on our subject league table show that getting a degree in Business and Management Studies gives you a lot of great skills that are in high demand.

Skills needed for your job:

  1. Knowledge of a wide range of business functions, such as management theory, human resources, supply chain and logistics, and marketing.
  2. Some of these skills could be project management, financial planning, managing people, leading and delegating, and negotiating.

Transferable skills:

  • Communication
  • Important thinking
  • Making a choice
  • Skills for dealing with people
  • Time Management for Working Teams

Accreditation for professionals:

The Chartered Management Institute (CMI) may accredit degrees, which could give you the chance to get a Level 5 Diploma in Leadership and Management as part of your studies.

Professional accounting groups like the Chartered Institute of Management Accountants (CIMA), the Chartered Institute of Marketing (CIM), or the Chartered Institute of Personnel Development (CIPD) could accredit degrees that combine accounting with other subjects (CIPD)

What Do Business and Management Studies Graduates Earn?

The average starting salary for a business and management studies graduate is between £19,000 and £25,000. In the middle of their careers, an experienced business analyst could make an average of $55,000.

While a project manager could make £70,000 or more. But your salary will also depend on the size of the company you work for, where you live, and how long you’ve been there, as well as the role you play.

What Jobs Can You Get as a Business & Management Studies Graduate?

Management consulting, human resource management, marketing, and insurance are all common career paths. Since these are competitive areas, you’ll have to work hard to get a good return.

  • Account executive
  • Arbitrator
  • Business development manager
  • Business process manager
  • Chartered management accountant
  • Corporate investment banker
  • Data analyst
  • Forensic accountant
  • HR recruiter
  • Lecturer
  • Management consultant
  • Operations Manager
  • Project manager
  • Risk manager
  • Stockbroker
  • Supply chain manager

What Are the Options After PostGraduate?

There are a variety of master’s and taught postgraduate courses in this field. These courses will make you more employable by improving the skills you already have. The Master of Business Administration (MBA), which is offered by many schools in the UK, is one of the most sought-after degrees.

Examples of postgraduate degrees include:

  • Business Analytics MSc
  • Environmental Change and Management MSc
  • Human Resource Management MLitt
  • Management and Organisational Behaviour MRes/PhD
Aaron Rigby
Aaron Rigbyhttp://newsdegree.com
I'm a skilled writer who puts my heart and soul into my work. I've been working as an author at a news degree for the last 2 months. I love to spread my knowledge, which I gain through newspaper magazines and the internet.
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