what is business management, What is a business subject?, Why you should choose to study business management?

What is a business subject?

Business studies is a tutorial subject taught in schools and at the university level in many countries. Its study combines elements of accountancy, finance, marketing, organizational studies, human resource management, and operations.

What is business management?

Business management focuses on the organizing, planning, and analysis of business activities that are required to efficiently manage and run a business.

What do you learn in business management in Nepal?

You will learn what makes an organization successful in an exceedingly saturated global business environment and can gain the knowledge and skills required to figure for businesses of all sizes - from multinational companies to start-ups.

Why you should choose to study business management in nepal?

For aspiring entrepreneurs and business leaders, a business management degree is consistently a well-liked choice. It provides the tutorial knowledge and skills to pursue global career opportunities and helps you develop a broad understanding of companies and specific areas like finance and human resources. But if you’re still not 100% sure if a business management degree is for you, here are five reasons which will convince you:

1. Develop key management skills

One of the largest highlights of studying for a business management degree is that the key management skills that may allow you to be a valuable asset to any organization. you'll build a skill set to retort to challenges and current developments in business and society, providing you with the power to create informed managerial decisions that consider ethical, economic, and social implications. a number of these essential business management skills include:

-critical and strategic thinking
-communication
-problem-solving
-organisation
-presenting
-reporting
-leadership
-project management.

2. Employability

Students who favor studying business management at university graduate with highly desirable transferable skills and powerful business knowledge, two things that are asked for by potential employers. As you progress through your business management degree you'll be able to shape the direction of your career, choosing a specialist area of business that interests you like entrepreneurship or human resource management. Graduates of business management are presented with a spread of job opportunities in:

-management
-consultancy
-marketing and advertising
-human resources
-retail and sales
-finance.

3. An introduction to the business world

A business management degree will facilitate your gain in-depth knowledge and understanding of the core elements of business and management - it’s also an excellent introduction into the planet of business if you've got no prior experience. It provides industry insights, like market trends and industry reports, which may influence be invaluable and you may be encouraged to use academic theory to real-life business situations that may facilitate your kickstart your career once you graduate.

4. Be your own boss

Not only will you have got fantastic career opportunities after you graduate, but you may even have the core elements to begin your own business - all you wish may be a business idea to urge you started. Through developing your entrepreneurial skills and having the ability to check to launch any business ideas you may have, a business management degree puts you on the trail to be your own boss - you may even meet your future business partner at university.

5. find out about multiple disciplines

If you’re not 100% certain on what you wish your future career to be, otherwise you just want to own a broad knowledge, then a business management degree is a superb choice. you'll learn an outline of the most business functions that contribute to the success of a business so often be able to specialize in a locality of your choice. These typically include:

-human resource management

-entrepreneurship

-finance

-service operations.

Other areas you'll study may be consultancy, supply chain management, or perhaps global business.

When you graduate with a business management degree, you graduate as a well-rounded student with a varied knowledge of the business world.

BBM aims to develop efficient human resources.

After completion of BBM, they'll study Master’s in Business Management (MBM), Master of Business Administration (MBA), Master of Business Studies (MBS), MBA in Global Leadership and Management, Master of Finance and Control (MFC). Here are some excerpts:

BBM course is updated as per market demands

AMP

Roopak Joshi

Principal

Khwopa College, Bhaktapur

Why do students prefer BBM in nepal? Why should students study it?

BBM may be a new management course offered by TU. that the course is updated as per the market demands. Students get a choice of electives and focus areas as per their interests. the main target area starts from the fifth semester so students can focus on their area of interest. The student-oriented teaching pedagogy is employed. We specialize in the overall personality development of every student.

What kind of job opportunities are there within the marketplace for BBM graduates?

BBM graduated will equip students with knowledge of elective and focus area subjects, in order that they will be eligible for any sector. These days, most scholars prefer jobs in the banking and insurance sectors. Besides, BBM gives top priority to entrepreneurship and enterprise development. it'll motivate BBM graduates to become entrepreneurs. The curriculum of BBM has developed accordingly, so the scholars can get jobs in any sector.

Why do employers prefer BBM graduates in nepal?

Employers prefer good employees with sound knowledge of their subject areas. Most of the courses of BBM are just like other management programs like BBA but the difference is that the elective subjects which help students to arrange for any job within the market.

What are the essential requirements to review BBM?

The basic requirements are a minimum of D+ in each subject or 1.8 GPA, and a CMAT exam. Admission is going to be on a merit basis.

What are the newest elements introduced in BBM(nepal)?

The courses are updated in BBM since it's a brand new program. The new element introduced is that the electives and focus area might be chosen from the fifth semester and not the last semester. Subjects like microfinance, computer-based financial accounting, creativity, and innovation are some new elements in BBM program.

What varieties of new skills and knowledge do the scholars learn from BBM in nepal, which isn't possible in other subjects?

Students should study 38 different courses with internship or project report writing. It covers not only areas of management but also subjects like psychology, Nepalese society and politics, sociology for business, e-commerce, and direction. Students even have to review core subjects, which are essential for deciding in business.

Then, they need to decide on their focus area. Forty percent of the entire marks are going to be awarded on the premise of an internal exam and presentation. In Khwopa College, we are providing additional non-credit courses like fundamentals of computer, personality development, banking pieces of training, training of various software, and lots more with field visits.

The most important thing is that the course is affordable at just Rs 347,000 including security deposits. Since the faculty is gone by Bhaktapur Municipality, we aren't profit-oriented and that won't compromise in quality.

How are you promoting BBM within the market?

We have a counseling team that provides an orientation to the scholars regarding their queries. Since its establishment, students of Khwopa College have secured gold metal twofold in the MBS program. the general results of Khwopa are incredibly good.

Students are suggested to review BBM because the program aims to equip its graduates with the necessary and relevant knowledge, skills, and skills to pursue a career in business management within a changing and challenging environment. The program also helps students in creativeness, deciding, and enhancing communication and leadership skills. additionally, BBM allows students to develop an understanding of entrepreneurship and innovation and effective management of the business operation in a very dynamic business environment.

What form of job opportunities are there within the marketplace for BBM graduates?

There are many job opportunities for BBM graduates. as an example, financial institutions, like Nepal Rastra Bank, commercial banks, development banks, finance, and microfinance companies, and insurance companies, business sector houses, manufacturing and repair sectors, industries, NGOs, and INGOs prefer BBM graduates. They also get opportunities to hitch government service and plenty of other global jobs.

To sum up, every organization needs qualified manpower to run the institution smoothly. BBM program prepares candidates to handle and manage the organization efficiently in both government and non-government organizations.

Why do employers prefer BBM graduates?

Bachelor of Business Management (BBM) is such a program that is obtainable by TU to cater to the wants of the companies world that's being challenged by the arrival of data technology, a replacement mode of communication and production, automation, and AI.

This program also intends to provide well-equipped human resources so they'll be ready to innovate ideas to cope up with the challenges of the ‘smart generation’. BBM is that the upgraded version of BBA which is meant on the premise of market needs.

What are the most recent elements introduced in BBM?

The newly launched course includes a spread of subjects that don't seem to be included in other streams like event management, insurance brokering and bank assurance, commercial property, and risk management, etc. Moreover, it offers the newest theories and knowledge associated with finance, business, global market, information technology among others.

Why do students prefer BBM? Why should students study it?

Management skills are essential to coordinate the activities of a business and ensure all employees are working together to accomplish organizational goals. Different business development programs are available to accumulate these necessary managerial skills. one in all these is the Bachelor of Business Management (BBM).

BBM is really a replacement program introduced by the college of Management, Tribhuvan University. BBM could be a four-year program comprising eight semesters divided over 120 credit hours. The program is meant in such the simplest way that this will be the cornerstone for driving business leaders and qualified managers of the longer term.

Generally, students prefer the BBM program because it equips them with the knowledge, abilities, skills, and also self-confidence required for being an entrepreneur or a manager. It transforms them into a competent man suitable to require on challenges of the present-day highly dynamic, very competitive, and volatile business world.

Students should sign on for the BBM program because it's an upgraded management program that helps students to accumulate in-depth theoretical and practical knowledge regarding business management. It helps them to handle hurdles that will arise in national and international business by learning various aspects of business administration and management through classroom lectures, field visits, and practical projects.

How are you promoting BBM within the market?

Prime College was established in 2001. Since its establishment, it's been offering different IT and management programs. We started offering BBM courses in 2018 and that we believe that offering only the core curriculum isn't enough to satisfy the market requirements.

Therefore, supported by a discussion with education and market experts, we offer value-added BBM courses, which may be divided into two parts: Personal development and skill development.

The personal development module consists of soppy skill acquisition like leadership training, and job preparation training. Skill development comprises computer proficiency training, exchange training, insurance training, and accounting boot camps. We believe that our students have gotten a productive academic environment that's essential to enable them for pursuing their career objectives.

What type of opportunities does the market have for BBM graduates?

BBM graduates are fully equipped with the desired managerial and entrepreneurial skills and knowledge. Therefore, they will get jobs opportunities in various levels of managerial positions in banks, open-end investment companies, insurance companies, advertising agencies, business consultancies, IT companies, corporate houses, tours, and travel agencies, government sector, among others. most significantly they'll come out new business at national and international level.

Why do employers prefer BBM graduates?

The course curriculum of the BBM program is meant in such the simplest way that it comprises professional management education with a mix of computer-based financial accounting and management systems. As there's a tremendous opportunity within the management field, BBM graduates can easily refill the gap of skilled human resource requirements as they're well equipped with the needed knowledge and skills.

BBM graduates can select specialization courses within the seventh semester. However, from the fifth semester, they begin designing their future path of specialization by selecting the one subject under Focus Area Course I. This course helps them to own in-depth knowledge regarding their specialization course. Having specialization in specific areas enables graduates to figure in specific domains like finance, marketing, and management. This also encourages employers to rent BBM graduates.

What are some basic requirements to review BBA?

All the plus two graduates from management and science stream or equivalent grade can get enroll within the BBM program as long as they need a minimum of D+ grade in each subject in grade 11 and 12 with an aggregate CGPA of 1.8 or more (or minimum second division in 10+2, PCL or equivalent securing minimum 45% or more). the scholars must also pass the CMAT (Central Management Admission Test) examination conducted by the College of Management, Tribhuvan University. A minimum of 40 marks is required within the CMAT.

What are the new elements introduced in BBM?

BBM program is such a program whose course curriculum is meant with an aim to impart knowledge regarding business management at the national and international levels. The BBM program is predicated on a student-centered learning approach. the final teaching methodology of the program includes interactive lectures, students’ presentations, case studies, and projects.

Apart from this, at Prime College, we assign projects associated with subjects like macroeconomics, e-Commerce, entrepreneurship, sociology, business research methodology, business strategy, and plenty of more. We also take students for various industrial and field visits with some research work. Such visits give our students more practical exposure to compete within the dynamic business world. We specialize in providing an enabling environment to our students to spur their academic and intellectual growth through differing kinds of co-curricular activities.

What form of new skills and knowledge do students learn from BBM, which isn't possible in other subjects?

BBM course mainly focuses on management tool courses together with business and management core courses additionally to focus area and elective courses. BBM course is intended in such the simplest way that The scholars can get theoretical knowledge further as a practical concept.

There are many management programs available within the management area nationally and internationally. However, BBM course is structured in such how by TU that students must do various assessments, case studies, class tests, words, research work, guest lecture sessions. This ultimately provides an additional edge to our students who can easily outperform graduates from different streams.

Why do students prefer BBM? Why should students study it?

Bachelor in Business Management (BBM) could be a four-year (eight-semester) management course that has students with an understanding of the sensible and theoretical aspects of the business. BBM is essentially designed to show student management and leadership skills that are required within the business and company world. Students prefer it because it's a brand new professional course that opens doors for entrepreneurship and management.

How are you promoting BBM within the market?

We are promoting BBM as a brand new and professional course. It provides in-depth knowledge regarding entrepreneurship, financial risk analysis, trading, and commerce. It also prepares the scholars in a perfect manner to be able to accommodate the ever-expanding business world. The BBM program offers insight into global businesses practices to students as a part of their coursework and assignments. And in fact, we are offering this course at a low cost.

What type of opportunities are there within the marketplace for BBM graduates?

After BBM, students can engage as mid-level managers, officers similarly to entry-level employees. they'll find employment as business management professionals, business researchers, finance managers, human resource managers, management accountants, research and development managers, business consultants, corporate and public relationship manager, and business analysts, among others.

Why do employers prefer BBM graduates?

BBM graduates are confident in their endeavors because the course’s syllabus focuses on the holistic development of the scholars and arms them with all the skill sets they require to perform on the planet.

What are the fundamental requirements to review BBM?

At least 1.8 CGPA in +2 with minimum D+ in the individual subject are a basic requirement. except for that, a minimum of 40 marks in CMAT.

What are the new elements introduced in BBM?

It offers a wider focus area for specialization. Besides, BBM has electives courses, research options, exposure to information technology, and internship modules.

What skills and knowledge are unique to BBM?

Training students to think analytically, make fact-based decision-making, develop technical, interpersonal, and technological skills together with strong managerial skills are unique to the BBM course.

BBM which stands for Bachelor of Business Management is really a brand new program introduced by Tribhuvan University, Faculty of Management. BBM like that of BBA may be a four-year program comprising 8 semesters divided over 120 credit hours.

BBM or Bachelor of Business Management graduates is offered the typical annual salary of three.7 lakhs for Entry Level (0-3 years), for Mid Level (4-7 years) is 3.8 lakhs and for Senior Level (7+ years) is 5.3 lakhs.

The vast scope of employability for graduates of BBM course and also the large spectrum of job opportunities available to them are listed as below:

Business Development Manager.

Relationship Manager.

Business Analyst.

Delivery Manager.

Business Operations Manager.

Associate Manager.

Financial Analyst.

Human Resource Manager.

Dhangadi, Kailali

Bachelors of Business Management (BBM)

Shanker Dev Campus, Kathmandu

Putalisadak, Kathmandu