MANAGEMENT -- Field of study
● Introduction:
Management is a subject which teaches us to create an environment that leads employees work efficiently and productively. It is a field of study that helps the industries to improve their working power. Management is crucial for the success of every organization.
- Table of contents:
- What is management as a field of study?
- Why study management in college?
- What are the five importance of management?
- How many types of management studies are there?
- Which type of management course is best?
- Top management colleges in India with fee structure
- Conclusion
● What is management as a field of study?
Management is a versatile subject that teaches students how to understand organizational behaviour motivate and influence others, as well as become a leader in the modern business world. Management degrees give students a broad foundation in topics relating to business, finance, economics and marketing. It is a field of study that gives a very practical focus, with opportunities to complete work placements and professional projects included as part of the program. It helps organizations to improve their performance and achieve organizational goals.
● Why study management in college?
Management has a wide range of opportunities for students to learn new skills during their careers. Studying management teaches how to effectively lead and manage others to help individuals, teams and organizations to meet their full potential. Out of all other career options, management is one that has a long history and will eventually be the most aspired in the future. By studying management one can have great career opportunities, develop management capabilities, gain a competitive advantage, improved communication skill, improved decision-making skill, team building capabilities, time management skill, become an entrepreneur, increase employability, diverse career choices, increase your credibility, networking opportunities, obtain a higher salary, increase team productivity. Management can also help improve employee morale and crate a positive work environment.
● What are the five importance of management?
The five points of importance of management are--------
1) Achieving organizational goals.
2) Achieving individual goals.
3) Creating a dynamic environment.
4) Developing society.
5) Improving efficiency.
Management refers to the process of performing tasks efficiently and effectively while achieving personal and organizational goals.
● How many types of management studies are there?
That being said, choosing the right management course can be a factor that can either make or break your future. There are many types of management courses available. It is often confusing to choose the one that is appropriate for you. It is advisable to keep in mind your aptitude for the course subject rather than it's popularity while selecting one. A degree in management can boost your chances of being selected by a top company and catapult you towards dizzying heights of success. There are 16 types of management courses are mentioned below-----------
1) Marketing Management
2) Finance Management
3) International Business Management.
4) Operations Management
5) Human Resources Management
6) Retail Management
7) Media Management
8) Sales and Marketing
9) Social Entrepreneurship Management
10) Supply Chain Management with operations Management
11) Hospitality Management.
12) Hotel Management
13) Rural Management Care.
14) Healthcare Management.
15) Dairy Management.
16) Event Management.
● Which type of management course is best?
The top ten management courses for working professionals are------------
1) Master in Marketing Management (MMM)
2) Master in Risk Management (MRM)
3) Master of Business Administration (Retail Management)
4) Master of Financial Management (MFM)
5) PGDM in International Business
6) Postgraduate Diploma in Management
7) Project Management Professional Certification.
8) Diploma in Hotel Management
9) Diploma is Event Management
10) Master in Management Studies.
- What is the qualification for management courses?
- At the undergraduate level, the candidate can opt for courses such as Bachelor of Business Administration (BBA) and Bachelor of Management Studies (BMS) and Integrated MBA. Candidates who have passed class 12 from a recognized board, can apply. The most highly recognized degree in management is the Masters of Business Administration. For this degree students have to pass the popular entrance exams that are conducted for Business Management courses are CAT, MAT, CMAT, MAH CET, TISS NET etc. The basic eligibility criteria for these exams is graduation. CAT candidates must have scored at least 50% in aggregate (45% for ST/SC/PwD candidates).
● Top Management Colleges in India with fee structure:
There are about 100+ top MBA colleges in India. CAT, XAT and CMAT are the main exams in top MBA colleges in India. Among them some colleges are top in this aspect in ranking. These are ---------
1) Indian Institute of Management, (IIM) Ahmedabad.
Fee Structure:
ePGP fees is INR 17,42,500 for two years
PGP FAMB Fees is INR 15,80,00
PGPEX fees is INR 24,00, 000 for 2 years
PGPM fees is INR 22, 00,000
2) Indian Institute of Management, (IIM) Bangalore.
Fee Structure:
PGPM -- 24.5 Lakhs, PGP-BA -- 24.5 lakhs, EPGP, Single Accommodation -- 31.05 lakhs, family Accommodation -- 33.96 lakhs, PGPEM -- 20.11 lakhs.
3) Indian Institute of
Management, (IIM) Kozhikode.
Fee structure: INR 20.50 lakhs for the entire course duration of two years.
4) Indian Institute of Management, (IIM) Calcutta.
Fee structure: INR 30,00,000 lakhs (non-refundable) for one year.
5) Indian Institute of Technology, (IIT) Delhi.
Fee structure: INR 12.2 lakhs
6) Indian Institute of Management Lucknow.
Fee Structure: INR 20.75 Lakhs for 2 years.
7) Indian Institute of Management (llM), Mumbai ((formerly known as NITIE)).
Fee Structure: INR 16 lakhs to 27 lakhs for 2 years.
8) Indian Institute of Management, (IIM)Indore.
Fee Structure:
▪︎Domestic students: INR 21.17 lakhs for 2 years
▪︎International students: INR 30.11 Lakhs for 2 years.
9) XLRL-xavier school of Management.
Fee Structure: INR 23.60 lakhs for 2 years.
10)Indian Institute of technology, (IIT) Bombay.
Fee Structure:
INR 8.00 lakhs for 2 years. Apart from the tuition fee, there is a one-time admission fees of ‐- INR 14,900 are required to pay in addition to the tuition fee.
● Conclusion:
In summation, successful managers are made, not born. The role of leadership and management can work in different capacities. Management is a field of study that helps organizations to improve their performance. You can become an excellent manager when you learn and practice the behaviour, methods, and techniques of other successful managers.