What is Business Management?
Business management is the direction of a company’s operations as well as the larger economic picture. It focuses on key business fundamentals such as business communication, leadership and management theory, and ethical decision-making.
Business management skills include the knowledge and know-how to apply statistical analysis to business decisions in order to guide an enterprise’s long and short-term plans. Business Managers will also be in charge of managing the company’s personnel and teams, as well as dealing with all interpersonal issues such as conflict resolution and diplomacy.
What courses are available?
Universities and colleges in Ireland are offering courses in the following subject areas:
- Business & Management – the study of business and management procedures within organizations.
- Business Management – This program provides a structured business education that provides a solid foundation for success in a business career.
- Advanced Business Management – this course equips managers with comprehensive skills in the management of people, resources, and activities.
- Applied Business Management – the study of the principles of business.
- Advanced Business Studies – the study of professional management and business skills.
- International Business – the study of doing business between countries and across borders.
- Business in Management Applications – this program is aimed at those working in or considering a business career.
Studying Business Management in college
Business Management courses are available to do part-time, full time or night courses so you can study at your convenience and work around your schedule. Courses can take place over a few months or can be fully-fledged degrees that take 3-4 years depending on the type, of course, you have chosen.
Courses are theoretical with a focus on knowledge-based assessments and examinations. You may have assignments and projects to complete on your own or in groups.
Career options
Any course in Business Management will offer the student a good, solid foundation for a career in management with a strong understanding of the most essential business principles of finance, accounting, marketing, and ethics – all of which can be useful in a multitude of different industries.
Students with Business Management qualifications can pursue employment in management if that suits their interest or they may be tempted to move away from strictly business practices and towards career fields such as communication, human resources management, financial analysis, supply chain management, or even public relations – all of which their business management qualifications will have prepared them for. Alternatively, you may be interested in starting your own business and working for yourself in your chosen industry.
Other jobs that require a higher degree of specialization will typically require further education, training, and/or experience to qualify for, e.g. teaching, research, and accounting positions.
Business Management is a safe bet as a career field because there will always be a need for management at every level across all industries and all over the world making it a very stable and reliable career choice. Qualifying in Business Management gives you a competitive edge and opens up more opportunities in business.
Related jobs include:
- Business Manager
- Business Owner
- Business Analyst
- Business Adviser
- Business Development Manager
- Corporate Banker
- Data Analyst
- Data Scientist
- Management Consultant
- Project Manager
- Risk Manager
- Stockbroker
- Supply Chain Manager
- Sales Manager
- Marketing Manager
- Further study
An undergraduate Business Management degree is often the first step to go onto further postgraduate study often involving specialization in particular fields and areas of Business and Management and/or undertaking work in new, sometimes interdisciplinary fields, such as Accounting, Healthcare, Retail, or Manufacturing.
FAQ
Are there any particular qualities you need to study Business Management?
A good Business Manager should have excellent interpersonal skills as they will be dealing with personnel from all levels regularly. Good communication and motivation skills are also what defines a great manager from a good manager, being able to communicate effectively and honestly in a kind, professional way makes a world of difference with employees – and happy employees are productive employees.
Business Managers must be organized and have planning and strategic thinking. They should be able to make decisions and problem solve when presented with all of the information needed, and be able to delegate to their employees.
What are the benefits of studying Business Management?
Business Management studies allow you to develop key management skills that will enable you to be a valuable asset to any organization. Knowledge of business management opens up many doors and makes you more employable. You can work virtually anywhere for any company that requires management.
If you already work in a business, a Business Management course may be just what you need to advance to a higher level and become more involved in the day-to-day operations of the company.
With the knowledge and skills you will gain about business, you will be better prepared to be your own boss and start your own business.
Where can I study Business Management?
Did You Know?
· Apple’s iPad retina display is manufactured by Samsung.
· More than 70% of customers surveyed believe small businesses are more concerned about their needs than larger companies.
· Worldwide, more than 3 billion people are working, but nearly half work in farming, small household enterprises, or in casual or seasonal day labour.
· The most productive day of the workweek is a Tuesday.
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