Everything you need to know about studying Business & Management in 2024

What is Business and Management?

Business and Management is the act of organising, planning, and directing business operations to achieve specific goals. By studying a Business Management degree, you will learn how to make decisions, oversee resources, and implement strategies to ensure an organisation runs efficiently and effectively.

Business and Management Specialisations

There are many Business and Management specialisations to explore, and some of the most popular are:

• Human Resources: Focusing on recruitment, retention, and employee relations.
• Marketing: Crafting strategies to promote products and brands.
• Finance: Overseeing the financial health and strategies of an organisation.
• Operations: Streamlining processes for efficiency.
• Entrepreneurship: Turning ideas into viable businesses.

Both Bachelor's and Master's programmes are popular in this field, but a Master's in Business and Management often goes deeper into strategic decision-making and leadership.

What will you learn during a Business and Management programme?

Business Management equips you with tools and strategies to navigate the complex world of business. You will learn to:

• Understand core business functions and their interrelations.
• Develop leadership and teamwork skills.
• Analyse case studies to learn about real-world business challenges and solutions.

Popular Business Management degree courses include:

• Organisational Behaviour: Exploring the dynamics of teams and individuals.
• Business Ethics: Navigating the moral intricacies of business decisions.
• Strategic Management: Designing long-term strategies for success.
• Financial Management: Optimising an organisation's financial resources.
• Marketing Management: Directing products and services to their target audience.

Business Management is a good degree not just for a corporate role but also for entrepreneurial pursuits. The skills you get from Business Management courses are transferable across industries, from tech startups to global conglomerates.

Skills required for a degree in Business and Management

To excel in Business Management, you'll need strong communication, leadership, and problem-solving abilities. Analytical thinking paired with creativity is also key. Additionally, to meet the Business Management degree requirements, a knack for decision-making and an understanding of the broader business environment can be beneficial.

What can you do with a Business and Management degree?

A Business Management degree opens doors to a variety of careers:

• Business Analyst: Evaluating business operations to recommend improvements.
• Marketing Manager: Guiding promotional campaigns and brand strategies.
• Human Resources Manager: Overseeing recruitment, training, and employee benefits.
• Entrepreneur: Starting and growing your own business.
• Management Consultant: Advising organisations on best practices and strategies.

Considering the many jobs you can get with a Business Management degree, it's no surprise many students pursue a career in this field. Whether you're eyeing a corporate ladder or forging your path, the career after the most common specialisation in Business Management is brimming with opportunities.

View all PhDs in Business & Management. Keep in mind you can also study an online PhDs in Business & Management.