Career Options After Bachelor of Management Studies (BMS)
A BMS degree opens opportunities to a number of job opportunities or you can implement your own ideas and start a business. You will find responsible positions in startups and established companies. Also, you will be eligible to take up post graduate courses to expand your knowledge and refine skill.
1. Marketing Executive
Marketing executive jobs are popular among, marketing, BA, BBA and BMS degree holders. If you join as a marketing executive, you will either work to develop and improve the company’s existing marketing strategies or conduct market research to plan and execute new marketing strategies. You will find out the market trend for the product/service your company offers. Based on your findings, you will optimize your marketing strategies and contribute to the goal of maximizing overall profit of the company.
Salary: The average annual salary of a marketing executive in India is 2.7 lakhs (AmbitionBox). However, you can get lucrative performance bonuses. With experience you can get good hikes and promotions.
2. Digital Marketing Executive
Your ultimate goal will be to maximize your company's success on digital media. You will plan strategies to promote and market your product/service on the internet - social media and search engines. Updated with the most recent trends and plan innovative ideas that lead to successful digital marketing campaigns.
Salary: The average annual salary of a digital marketing executive in India is 2.7 lakhs (AmbitionBox). However, if you can decode what your audience wants to see when they are on the internet, you can get good growth in this field and can become a manager.
3. Business Consultant
With the growing number of businesses and startups, business consultant jobs are great career options. As a business consultant, you will collect as much information about the business and develop a detailed business plan. Work on recruiting, budgeting, etc. Conduct research and surveys to recommend improvements.
Salary: The average annual salary of a business consultant executive in India is 11.5 lakhs (AmbitionBox).
4. Business Development Associate
As a business development associate, you will find new clients/customers and build relationships with existing customers to boost sales. You will be an energetic advocate of the company’s product/service, making sales strategy actively promoting them.
Salary: The average annual salary of a business development associate in India is 7 lakhs (Glassdoor). However, if you can decode what your audience wants to see when they are on the internet, you can get good growth in this field and can become a manager.
5. Human Resource Administrator
You can plan your career in the HR department, working as an HR administrator. You will manage the HR database, update information about new hires, maintain employee records - leaves, warnings, termination, etc. Also, you will help HR executives in payroll management, documentation and payments.
Salary: The average annual salary of a human resource administrator in India is 3 lakhs (AmbitionBox).
Bachelor degree courses like BBA and BMS teaches you the basics of how business works. So, If you can take financial risk and manage a team, become an entrepreneur to start and run your own business.
Salary: There is no limit to the salary you can earn as an entrepreneur. It will depend on the success of your venture. As per AmbitionBox survey of 545 entrepreneurs, the average annual salary of entrepreneurs in India is 6 lakhs.
7. Master of Business Management (MBA)
It is a 2-years master’s degree course. Students and professionals across diverse academic backgrounds pursue MBA to accelerate their career growth. An MBA degree will equip you with theoretical knowledge and practical skills to ace management roles. Areas you will explore include finance, accounting, economics, marketing, operations, business strategy, business ethics and others.
Admission: Prestigious B-Schools in India offer MBA courses through entrance exams. CAT, CMAT, and XAT are some of the popular annual entrance exams.
8. Master of Management Studies (MMS)
Like MBA, MMS is a 2-years postgraduate course for people who want to build a career in the management field. However, it offers specialisation in one area of business - finance, accounting, operation, marketing, etc.
Admission: For admission to top colleges that offer MMS degrees, you have to clear entrance exams like CAT, MAT, SNAP, XAT, etc.
9. Post Graduate Diploma in Management
It is a 2-year course which is similar to MBA. Preference is given to those with a management degree in graduation. You will study subjects like finance, accounts, economics, basics of mathematics and statistics. You will get practical knowledge and training which is market-oriented and as per industry requirements.
Admission: PGDM admission in B-Schools is based on CAT, CMAT, XAT and other national and state-level entrance exams.
10. Master of Computer Application
It is a 3-year degree course for specialisation in computer science. BCA degree holders and people from diverse academic backgrounds opt for MCA. So if you have an interest in computer applications, MCA is the best option after graduation in any field. After completing the course, you can get into app development, website designing and development, ethical hacking, database engineering, etc.
Admission: Top MCA colleges offer admission based on entrance exams. Some popular entrances for MCA admission are IPU CET, NIMCET, and TANCET.
11. Master of Commerce (M.Com)
It is a 2-year degree course that will enhance your business knowledge and develop skills and abilities like research, communication, teaching and management. Generally, students after a bachelor of commerce pursue M.Com. However, students with bachelor's in economics, BMS, BBE, BBS and other equivalent bachelor's degree courses are eligible for M.Com.
Admission: Colleges and universities offer M.Com admission to eligible candidates through a merit list of their marks in bachelor's degree courses.
12. Chartered Accountancy (CA)
Chartered accountancy is a prestigious certification course governed by the Institute of Chartered Accountants of India (ICAI). The exams are conducted in three levels - foundation, intermediate, final and a 3 years articleship. After qualifying all three levels and completing an articleship, you are qualified to take up a job as a chartered accountant in government or private firms or start your firm to provide services.