BMS full form is Bachelor of Management Studies. It is a three-year undergraduate program that offers advanced studies in the field of Management. BMS course provides in-depth knowledge of basic Management concepts such as Human Resource Management, Economics, and Business Studies necessary to run an organization efficiently. A BMS course includes various training sessions and extra and co-curricular activities that are essential for the overall development of students and also help them understand real-world challenges. BMS subjects also teach budding entrepreneurs how to expand their businesses with the least risks.
Students planning to undertake a BMS course must have team-building qualities and should be able to communicate effectively. They should also have knowledge about current affairs and the stock market. Students interested in studying Bachelor of Management Studies (BMS) can apply for BMS admission right after passing Class 12th in any stream. While some institutes offer BMS admission through entrance exams like CUET UG, MUCMET, and St. Xavier’s BMS Entrance Test, some colleges offer direct admission based on Class 12th marks.
BMS graduates are in high demand across global organizations in various sectors including Business Administration, Enterprise Management, HR Management, Sales and Marketing, Business Consultancies, and Financial management. The top BMS jobs are Marketing Manager, Human Resource Manager, Business Development Manager, Business Consultant, and more. Get complete details about the BMS course on this page.
Take a quick glance at the BMS course highlights to get an idea of what the course is all about.
Particulars | Details |
---|---|
BMS Full Form | Bachelor of Management Studies |
BMS Course Level | Undergraduate |
Types of BMS Courses | Full-Time, Part-Time, Distance Learning, Online |
Duration | 3 Years |
Exam Type | Semester |
Top BMS Specializations | Retail and Sales Management, Marketing, Finance, Human Resources, IT, Digital Marketing, Business Analytics, etc. |
BMS Course Eligibility Criteria |
|
Popular BMS Entrance Exams | CUET, DU JAT, MUCMET, St. Xavier’s BMS Entrance Test, etc. |
BMS Selection Process | Entrance Exam and Merit-Based |
Top BMS Colleges in India | IIM Ahmedabad, IIM Indore, IIM Bangalore, FMS Delhi, IIM Calcutta, Aryabhatta College, SPJIMR Mumbai, XLRI Jamshedpur, etc. |
Average BMS Course Fees | INR 30,000 to INR 6 Lakhs |
Top BMS Job Profiles | Corporate Investment Banker, Market Research Analyst, Sales Executive, Marketing Executive, Human Resource Executive, Finance Manager, Business Development Manager, Financial Analyst, Business Analyst, etc. |
Top BMS Recruiters in India | Amazon, Citigroup, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Google, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young, Deutsche Bank, etc. |
Average BMS Salary |
|
A Bachelor of Management Studies is one of the most sought-after courses in this day and age. Aspirants who wish to pursue a career in the field of management are ideal candidates for this course as it helps students understand the subject of management and apply the necessary skills to plan and organize a business. Planning, organizing, directing, staffing, controlling, and additional strategic management are some of the elements included in a BMS course.
The reporting, teamwork, organization, and communication skills of the students are improved by the BMS curriculum, which is created by experts in the field. Those who wish to start their own businesses right out of college or who want to advance in their careers as young entrepreneurs can use a bachelor's degree in management studies as a launching pad. A variety of managerial-level positions are available to students after they complete the Bachelor of Management Studies program.
The reason behind the high demand for BMS graduates is their expertise in running a business smoothly and their ability to help build business connections effortlessly. Some of the advantages of pursuing a BMS course are mentioned below:
The Bachelor of Management Studies course is quite a popular choice among candidates who wish to pursue higher education after graduating from high school. However, it must be noted that a BMS course may not be the ideal choice for every student. Even if one wishes to pursue management studies, one should do proper research before applying for a BMS course because there are several differences between other undergraduate management courses like BBA, BBM, and BMS. Similarly, the career opportunities offered to students after a BMS course will also be different than the ones after other undergraduate management courses.
A BMS course is aimed at a very particular group of students. Typically, undergraduate management courses aim to teach students more about management as a discipline. On the other hand, a Bachelor of Management Studies course focuses more on the analytical segment of management education. Thus, such a course is ideal for individuals who wish to pursue similar specializations in their Master of Business Administration courses in the future or other similar types of postgraduate studies. Apart from that, aspirants who wish to pursue their own business ventures after graduation are also ideal candidates for a BMS course due to the comprehensive nature of the course curriculum which includes a balance of both theoretical and practical aspects related to management.
Pursuing higher education in the field of management has become so accessible that students can complete an extensive bachelor’s degree in management without even leaving their homes. Due to BMS courses becoming increasingly popular in recent years, there are several types of BMS courses available that aspirants can pursue depending on their needs and requirements. Bachelor of Management Studies (BMS) courses are offered in various modes, such as full-time, part-time, online, etc. Candidates can choose any type of BMS course as per their needs and convenience.
Here are the different types of BMS courses available in India.
It is a three-year undergraduate course offered by various colleges in India. The BMS course is designed to provide management knowledge and impart various skills to future managers and entrepreneurs. Admission into the full-time BMS is provided based on various entrance exams, such as DUJAT, AIIMS UGAT, etc. The course is suitable for freshers who have passed Class 12 and wish to work in the business field.
Bachelor of Management Studies (BMS) is available in part-time mode too. It is a great option for working professionals or candidates who have other responsibilities to pursue a part-time BMS course. Several colleges offer part-time BMS in which students need not attend classes regularly. Admission into the part-time BMS is offered based on scores obtained in the BMS entrance exams or on a merit basis (10+2 scores).
Some colleges offer one-year Business Management Studies courses which are designed especially for working professionals or entrepreneurs running their businesses already and want to enhance their Management knowledge and skills. The admission is offered on the basis of scores in the entrance exam as well as the performance in 10+2. ISB Hyderabad is one of the most popular colleges for pursuing a one-year BMS course in India.
BMS is also available in online mode which students can pursue from the comfort of their home. This course is most suitable for people who are working and can’t find time to dedicate to offline classes. Admission into online BMA courses is mostly granted on a first come first serve basis; however, the requirements may differ as per the institution one is applying to. Online BMS courses also provide the opportunity to get international exposure without having to go anywhere.
Management is an extended field and it encompasses a number of facets that are essential to the efficient operation of an organization. Prior until now, finance, marketing, supply chains, human resources, and other fundamental areas have been the only areas of management that have received significant attention. But as management has developed both as a field of study and as a way to boost an organization's efficiency, other management specialties have emerged that are now equally crucial to business success as the core ones.
Likewise, as new management specialties have emerged, the BMS course curriculum has added new specializations to reflect these developments. When it comes to BMS course specializations, aspirants have a variety of alternatives, and any of these fields will result in a lucrative profession if the student devotes the necessary time and effort to learning the subject in question. Students can choose from any of the following BMS specializations as per their interests.
BMS Specialization | Description |
---|---|
Finance & Accounting | The study and management of money and investments is referred to as finance. How individuals, businesses, and governments handle their finances and assets is a major focus of finance. Accounting is the activity of documenting and assessing the financial transactions of a commercial organization. Since accounting is the only way to keep track of an organization's financial health and enable stakeholders to make future decisions, accounting is the foundation of any business organization. |
Business Analytics | The method of integrating data analytics and business intelligence on a particular collection of data in order to create future corporate plans and objectives is known as business analytics. The four types of business analytics are descriptive analytics, diagnostic analytics, predictive analytics, and prescriptive analytics. |
Digital Marketing | Students will be able to comprehend how businesses expand their digital scope. They will gain knowledge of how to use management principles and methods, which are crucial in today's increasingly digital company world. |
Human Resources | The greatest asset for an organization is its employees, hence it is essential for any firm to recruit skilled experts. One of the core elements of every organization is human resources (HR), which helps the company recruit deserving people. An HR professional must first comprehend the needs and strategies of the organization in order to attract the most talented individuals. |
Entrepreneurship | In order to provide goods and services, create income, generate employment, and support the national economy, a firm must be founded, launched, and operated. This is what is meant by entrepreneurship. One has to possess all of the skills and knowledge of a sustainable business model to launch and expand a profitable company in a constantly evolving trade and economic environment. |
Sales & Marketing | You will be aware of all of the fundamentals of marketing. Additionally, it will equip you with the skills that are needed to work for a variety of organizations, including service companies and retail chains. Additionally, you can get employment with food producers, building companies, and development companies. Your main responsibility as a sales manager will be to expand a business' customer base. A BMS graduate will also probably be in charge of promoting the company's brand and interacting with the management group. |
The curriculum for a BMS course, which will be covered during the course, is one of its most crucial components. Basic management ideas and topics, as well as other topics that support the administration of an organization, are covered in the BMS curriculum. Due to the complexity of some of the more technical parts of management, even though a BMS course is an undergraduate program, candidates must pay close attention. In the majority of management institutes, the BMS course syllabus is largely the same with a few minor differences.
Prior to steering the course curriculum towards a particular specialization, the BMS course is created to ensure that students have a solid foundation in the fundamentals of management. The Bachelor of Management Studies (BMS) course curriculum is divided into 6 semesters and consists of core subjects and elective subjects. Below we have provided the BMS course syllabus as per the academic years.
Foundation of Human Skills | Business Communication | Introduction to Computers |
---|---|---|
Business Law | Introduction to Financial Accounts | Business Environment |
Business Statistics | Principles of Management 1 | Industrial Law |
Computer Applications in Business | Principles of Management 2 | Environmental Management |
---|---|---|
Business Mathematics | Introduction to Cost Accounting | Management Accounting |
Marketing Management | Direct & Indirect Taxes | Export-Import Procedures |
Export-Import Documentation | Financial Management | Operational Research |
---|---|---|
Public Relations Management | Service Sector Management | E-Commerce |
Research Methods in Business | Project Work | Special Studies in Finance |
Management of SME | International Finance | International Marketing |
Depending on their personal interests, BMS course candidates can choose to focus on one of the many areas of management as a specialization. These specializations cater to various organizational constituents that are essential to the smooth and efficient operation of the business as a whole. There are specific subjects that are exclusive to each BMS specialization and aid aspirants in learning more about the management of that sector alone. The syllabus for different specializations under the BMS course has been provided below.
Specialization | Syllabus |
---|---|
Finance & Accounting |
|
Business Analytics |
|
Digital Marketing |
|
Human Resources |
|
Entrepreneurship |
|
Logistics & Supply Chain |
|
The eligibility criteria for the Bachelor of Management Studies (BMS) may vary as per the college. So, make sure to check the eligibility criteria of a particular college before applying for admission into the BMS course. Here are the basic eligibility criteria for Bachelor of Management Studies:
Parameters | Details |
---|---|
Educational Qualification |
|
Entrance Exam Score |
|
Minimum Marks |
|
Age Limit |
|
BMS course admission can be secured on the basis of past academic performance and merit in Class 12 final examination or on the basis of entrance examination scores depending on the institute that an aspirant chooses. However, it must be noted that some of the top-ranked institutes that offer BMS courses accept students based on their performance in entrance examinations. Thus, it is crucial that candidates are aware of all the entrance exams through BMS admission can be secured. There are several BMS course entrance exams available in India and each of them has certain distinctive features. Candidates who can successfully clear these entrance exams will be selected for BMS admissions to some of the most prestigious management institutes in the country. Check the table below to get an idea of the most popular BMS entrance exams in India.
Entrance Exam | Full Name | Level of Exam | Conducting Body | Exam Frequency |
---|---|---|---|---|
CUET | Central University Entrance Test | National Level | National Testing Agency (NTA) | Once a Year |
UGAT | Under Graduate Admission Test | National Level | All India Management Association (AIMA) | Once a Year |
IPMAT | Integrated Programme in Management Aptitude | National Level | IIM Indore | Once a Year |
AUMAT | Alliance University Scholastic Aptitude Test | University Level | Alliance University | Once a Year |
NPAT | National Test for Programs After Twelfth | University Level | SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) | Once a Year |
FEAT | FLAME Entrance Aptitude Test | University Level | FLAME University | Once a Year Within Multiple Admission Cycles |
Admission into the BMS course is generally offered on the basis of 10+2 marks and entrance exam scores. While some colleges select candidates on the basis of performance in the entrance exams, some offer direct admission. Before applying to the BMS colleges, students must check the requirements since the admission process varies as per the college. Mentioned below is the general admission process for the BMS course.
Most of the universities and colleges in India offer admission into BMS courses on the basis of scores in the entrance exams like MUCMET, AIMA JAT, CUET, etc. Before applying for the entrance exam, make sure to check whether your desired college accepts its score. Students who qualify for the exam and meet the required colleges are further called for GD/ PI/ WAT rounds. The final admission will be provided based on a candidate's score in the entrance exam, academic qualification, performance in GD/ PI, and more.
Candidates can also get admission into BMS courses based on their academic records. Many colleges accept direct applications of candidates based on their marks in Class 10th and 12th. Some colleges may also conduct personal interviews of candidates before offering admission. The application form for direct admission may be available online or offline. Candidates should check the official website of their desired college to stay updated with the application dates.
When planning on pursuing higher education, we all wish to aim for the best colleges possible to apply for admission. Similarly, management aspirants also wish to seek BMS course admission to some of the top BMS colleges in India. Apart from the quality of education, another primary reason for going for the best BMS colleges possible is the placement opportunities after graduation. Since management aspirants often tend to begin their corporate careers after completing their Bachelor’s degree course, placement opportunities are an important factor to be considered before applying for admission. Therefore, it is vital that aspirants do proper research before applying for BMS course admissions. Candidates seeking admission to BMS courses can go through the list of the top BMS colleges in India provided in the table below.
Check the BMS course fees for various colleges provided in the table below.
Name of the College | Approx. Fees (in INR) |
---|---|
Rizvi College of Art Science and Commerce, Bandra | 75,000 |
Indsearch, Pune | 1.35 Lakhs |
St. Xavier’s College, Mumbai | 1.12 Lakhs |
Sri Guru Gobind Singh College of Commerce, New Delhi | 9,200 |
Amity University, Mumbai | 2.5 Lakhs |
Christ University, Bangalore | 1.42 Lakhs |
K. J. Somaiya College of Arts and Commerce, Mumbai | 36,000 |
AIMS Institute of Management Studies, Pune | 8,222 |
SIES College, Mumbai | 77,000 |
Narsee Monjee College of Commerce and Economics, Mumbai | 15,000 |
Shivaji College, New Delhi | 10,000 |
Jai Hind College, Mumbai | 20,000 |
Madras Christian College, Chennai | 27,919 |
SJES College of Management Studies, Bangalore | 1.35 Lakhs |
After pursuing a BMS course (Bachelor of Management Studies), students can explore different career opportunities while beginning their professional journey. There are a lot of job opportunities that can suit the skills and training of a BMS graduate in the field of Management. Those who wish to work in managerial positions can go for higher studies and pursue a master’s degree - ideally, an MBA to further advance in their careers. Here are some of the top job profiles one can apply for after completing a BMS course.
Job Profile | Job Description |
---|---|
Finance Executive | They are responsible for the money transactions, including income and expenses of a business and ensure it is profitable. Finnace Executives also manage budgeting, tax planning, and cash-flow statements. They also make strategies to cut costs of the company and maximize profits. |
Human Resource Executive | A Human Resources Executive deals with the management of every aspect of the employment process, including orientation and training new employees. They help the administrations with payroll management, so that the company's staff receive their salary on time. They also ensure to resolve the employees' grievances to maximize productivity. |
Marketing Executive | Marketing Executives are responsible for organizing and overseeing advertising/ communication campaigns, exhibitions as well as promotional events to market their company's product or services. They conduct market research and analysis to understand the trends, brand awareness, and competition happenings. |
Sales Executive | Sales Executives deals with the promotion of product and services to clients and negotiate contracts in order to maximize the profits. They conduct market research to determine selling possibilities and understand customer needs. They always seek new sales opportunities through networking, cold calling, social media, and other means. |
Quality Manager | They are responsible for implementing and executing evaluation, inspection, and testing methods to make sure that products meet the company's standards. Quality Managers collect data on inspections and other aspects to prepare reports related to quality. |
Business Development Executive | Business Development Executives are responsible for finding new clients and retaining them while encouraging the existing ones to purchase added products or features. They work with senior team members to identify and manage the risks that might prevent the growth of their company. |
The BMS course provides students with an adequate understanding of management, making them fit for jobs in the areas such as Academic Institutions, Marketing & Sales, Finance & Retail, & Consulting, etc. The average annual salary of a BMS fresher is between Rs. 3 lakhs to Rs. 4 lakhs. Here’s a list of popular job roles with average salaries for students with a BMS degree.
Job Profile | Average Starting Salary |
---|---|
Finance Executive | INR 5 lakh and upwards |
Human Resource Executive | INR 4 lakh and upwards |
Marketing Executive | INR 3 lakh and upwards |
Sales Executive | INR 3 lakh and upwards |
Quality Manager | INR 3 lakh and upwards |
Business Development Executive | INR 3 lakh and upwards |
Assistant Manager | INR 4 lakh and upwards |
BMS course graduates are hired at junior-level positions by various companies from all sectors including IT, Manufacturing, e-Commerce, FMCG, BFSI, Logistics, Construction, Real Estate, Food & Beverages, Travel & Tourism, etc. Even many BMS colleges in India offer campus placements to final-year students. Here are the top recruiters for Bachelor of Management Studies (BMS) graduates in India.
IBM Corp | Yes Bank |
---|---|
Hewlett-Packard | ICICI Bank |
Deloitte | Sony |
Tata Consultancy Services (TCS) | Hindustan Unilever |
Godrej | Future Group |
Honda | Vodafone |
Reliance | Zomato |
Candidates interested in pursuing a BMS course can also consider other countries too for the same. Top nations like the US, UK, Australia, France, Canada, Singapore, etc. offer BMS courses with various specializations, such as Marketing, Finance, Organizational Behavior, Economics, Human Resources, etc. Many Universities even offer scholarships and need-based financial assistance to meritorious students who have performed well in their academic, co-curricular, or sports activities in school.
To be eligible to pursue a BMS course abroad, a student needs to have a minimum of 10+2 education from a recognized board along with a minimum percentile in English proficiency tests like TOEFL, IELTS, or PTE and other tests such as SAT and ACT. The score in these English proficiency tests may vary from one university to another. Other documents include SOP documents, Marksheets, Letters of Recommendation (LORs) from school, etc. Candidates may also need to clear the GMAT if the scores of the exam are accepted by the college they are applying to.
After the completion of a BM course abroad, candidates can return to India and get a number of excellent career opportunities. Those who wish to settle abroad can find various jobs such as Business Development Manager, Corporate Investment Banker, Market Research Analyst, Human Resource Manager, Consultant, Arbitrator, Business Adviser, Professor/Lecturer, etc.
If you are planning to pursue a BMS course abroad, then have a look at the various top colleges in different nations.
Name of the College | Country |
---|---|
Yale University | United States |
Columbia University | United States |
New York University | United States |
University of Chicago | United States |
University of Pennsylvania | United States |
Massachusetts Institute of Technology | United States |
Stanford University | United States |
University of California | United States |
Harvard University | United States |
Northwestern University | United States |
London Business School | United Kingdom |
Säid Business School | United Kingdom |
Cambridge Judge Business School | United Kingdom |
Warwick Business School | United Kingdom |
Cass Business School | United Kingdom |
Alliance Business School | United Kingdom |
University of Edinburgh Business School | United Kingdom |
Durham University Business School | United Kingdom |
Lancaster University | United Kingdom |
University of Sydney | Australia |
University of Melbourne | Australia |
The University of Queensland | Australia |
Monash University | Australia |
Deakin University | Australia |
University of New South Wales | Australia |
Macquarie University | Australia |
Curtin University | Australia |
Victoria University | Australia |
Australian National University | Australia |
York University | Canada |
The University of Toronto | Canada |
McGill University | Canada |
Rotman School of Management | Canada |
Memorial University of Newfoundland | Canada |
Queen’s Smith School of Business | Canada |
University of Victoria | Canada |
The University of British Columbia | Canada |
Ivey Business School | Canada |
University of Alberta | Canada |
Bachelor of Management Studies courses have become increasingly popular over the last few years as an alternative to other well-known undergraduate courses, especially in the field of Commerce and Management. Courses like B.Com and BBA have been the go-to choice for aspirants who wish to pursue higher education in the field of Commerce and Management for several years. However, as the field of education and the job market have evolved, higher education has also evolved to cater to the specific needs of certain industries.
Although there are no major differences between a BBA and BMS course since both of them are related to the field of management, there are some notable differences between B.Com and BMS courses. Each of these courses is aimed at different groups of students and can prove to be very beneficial for candidates in terms of building a foundation for their career. The major differences between BMS, BBA, and B.Com courses are mentioned in the table below:
Point of Difference | Bachelor of Management Studies | Bachelor of Business Administration | Bachelor of Commerce |
---|---|---|---|
Purpose | The main goal of this course is to provide students with the skills necessary to supervise teams, make important managerial choices, and oversee business operations on a managerial level. It aids in the development of interpersonal and customer service abilities. | In order to properly manage every aspect of a firm, this course teaches students the fundamentals of business administration with regard to all corporate operations including marketing, finance, human resource management, etc. A student can opt for specialization in a specific field throughout his BBA, much like they can with an MBA. | B.com focuses mainly on Accounting and Finance subjects. It is a highly career-centric course where students are trained in the different aspects of Commerce and Entrepreneurship. However, no practical training in the Management field is provided during this course. |
Area of Study | Analytical and logical skills for business management | Business administration and management | Commerce and Entrepreneurship |
Entrance Exams | NPAT, DUJAT, TSMAT | IPMAT, NPAT, SET | CUET, NPAT, IPU CET, JET, DSAT |
Course Fees | INR 1 Lakh - 2 Lakh | INR 1 Lakh - 3 Lakh | INR 10,000 - 1 Lakh |
Average Salary | INR 2 LPA - 4 LPA | INR 3 LPA - 5 LPA | INR 2 LPA - 4 LPA |
Benefits | BMS helps students comprehend management concepts while acquiring a logical and analytical knowledge of business components. | Students are taught how to apply their understanding of business administration to the advantage of any organization. | Individuals acquire a wide range of business-related skills and learn the fundamentals of commerce and entrepreneurship. |
The scope of the BMS course is great in India, considering the growing need for qualified professionals who can take care of various aspects of business management. After graduation, students can find various job opportunities and get good salaries. BMS course also acts as a stepping stone to getting an MBA degree.
The salary for BMS graduates for different job profiles is-
BMS Job Profile |
Average Starting Salary |
---|---|
Marketing Executive |
INR 3 Lakh |
Sales Executive |
INR 3 Lakh |
Human Resource Executive |
INR 4 Lakh |
Finance Executive |
INR 5 Lakh |
Some of the exams that you can appear for to get admission to BMS courses are CUET-UG, UGAT or any other institute-level entrance exam.
The average fee for Bachelor of Management Studies (BMS) is INR 3,50,000 per year. However, the same shall vary from one institute to another.
Some of the popular specializations in BMS are Entrepreneurship, Catering Science & Hotel Management, Leadership and Innovation, Marketing and Service Management.
The duration of BMS is three years. It consists of 6 semesters and those who have cleared Class 12th in any stream from a recognised board can apply for the course.