byGaganDeep
Updated on - 12 Apr, 2024
The Diploma in Business Management is a 1-2 year a diploma program that is intended for youth to equip young people with fundamental business administration skills and the basic knowledge needed to handle low-level managerial responsibilities in different companies.
Courses will be run on a module format with core subjects such as principles of management, organizational behavior, human resource management, accounting, marketing management, business communication, business law, entrepreneurship development, computer applications, and environmental studies.
Details | Description |
---|---|
Title | Diploma in Business Management |
Duration | Typically 1 to 2 years, depending on the program and institution |
Eligibility | High school diploma or equivalent qualification |
Curriculum | Covers fundamental business concepts such as marketing, finance, HR, operations, and management |
Specializations | Some programs offer specializations like Marketing, Finance, Human Resources, or Operations |
Delivery Format | Offered in various formats including full-time, part-time, online, or blended learning |
1. Should have been studied science in 10+2 with minimum 50% marks from any stream after recognized board education.
2. Age not considered but considering the ones above the age of 18-23 years as appropriate .
3. One of the most important tasks is to pass written admission examination and personal interview at institute level
4. Admission process is based not only on the scores from 10+2 level but also by test and interview marks.
5. Program durations takes 3 years, which has 6 semesters of classroom classes and 1 semester of industrial training.
1. 10+2 passed or equivalent from a recognized board is the next step. The ones who have passed the 12th grade from any stream i.e. Arts, Science or Commerce can apply for it.
2. In some places, even candidates who passed class 10 and have relevant professional experience are taken on board.
3. In most colleges there is no benchmark for admission to a Management Diploma programme like percentage cut-off in their college.
4. Besides, the current students of Class 12 can go for this course of study too. Enrollment privilege is now valid until the date for the release of Class 12 results is announced.
5. Among foreign students there is a necessity to master the language as required by the institute. This typically requires creating the English language competency by taking an IELTS/TOEFL proficiency test.
MAT (Management Aptitude Test): Evaluates applicants' aptitudes through language comprehension, mathematical skill, data analysis, and critical thinking tasks.
CMAT (Common Management Admission Test): Measures the individuals skills in quantitative methods, data interpretation, language understanding and logical thinking.
XAT (Xavier Aptitude Test): Places emphasis on number crunching, English proficiency, logical as well as overall awareness.
ATMA (AIMS Test for Management Admissions): Measures verbal criterion-referenced performance, numerical ability, analyzing and synthesizing ability as well as verbal skills.
SNAP (Symbiosis National Aptitude Test): Analyzes the candidates' analytical and logical thinking, verbal skill, quantitative competency and general awareness.
NMAT (NMIMS Management Aptitude Test): Assesses Language proficiency, quantitative skills, and logical thinking ability.
IBSAT (IBS Aptitude Test): Being centered on the application of quantitative techniques, data interpretation, vocabulary and analytical reading.
Syllabus | Details |
---|---|
Business Management Principles and Practices | Principles and practices of business management, such as planning, organizing, leading, and controlling. Students learn how to apply these principles to real-world business situations. |
Business Economics | Introduces students to the basic concepts of economics, such as demand, supply, and market structures. Students also learn how to apply economic principles to business decision-making. |
Financial Accounting | Fundamentals of financial accounting, such as the preparation of financial statements and the analysis of financial data. |
Human Resource Management | Principles and practices of human resource management, such as recruitment, selection, training, and performance management. |
Marketing Management | Introduces students to the principles and practices of marketing management. Students learn how to develop and implement marketing strategies to create and capture customer value. |
Operations Management | Practices of operations management, such as process design, production planning, and inventory management. |
Business Law | Students to the basic concepts of business law, such as contract law, company law, and intellectual property law. |
Business Communication | Practices of effective business communication, both written and verbal. Students learn how to communicate effectively with different audiences, including clients, employees, and managers. |
Business Ethics | Importance of business ethics and how to apply ethical principles to business decision-making. |
Project Management | Principles and practices of project management, such as project planning, execution, and monitoring. |
Tabulated below is the collection of the Top 10 Government Diploma in Business Management Colleges in India with Fee Structure, including their key features.
Name of the institute | Location | Fees |
---|---|---|
Kishori Raman P.G. College | Mathura, Uttar Pradesh | INR 3,526 |
Government Polytechnic, Mandi Adampur | Hisar, Haryana | INR 7,200 |
Department of Business Management, RTMNU | Nagpur, Maharashtra | -- |
Birsa Munda Tribal University | Rajpipala, Gujarat | -- |
Gondwana University | Gadchiroli, Maharashtra | INR 48,134 |
Rashtrasant Tukadoji Maharaj Nagpur University | Nagpur, Maharashtra | INR 60,000 |
Mumbai University | Mumbai, Maharashtra | INR 146,000 |
Savitribai Phule Pune University | Pune, Maharashtra | INR 121,200 |
Periyar University | Salem, Tamil Nadu | INR 100,000 |
Centre for Distance and Virtual Learning, University of Hyderabad | Hyderabad, Telangana | INR 19,000 |
Tabulated below is the collection of the Top 10 Private Diploma in Business Management Colleges in India with Fee Structure, including their key features.
Name of the institute | Location | Fees |
---|---|---|
Mansarovar Group of Institutions | Bhopal, Madhya Pradesh | INR 495,000 |
Indian School of Business Management and Administration | Ahmedabad, Gujarat | INR 69,900 |
Rustomjee Academy for Global Careers | Mumbai, Maharashtra | INR 670,000 |
Sant Baba Bhag Singh University | Jalandhar, Punjab | INR 103,300 |
Indian School of Business Management and Administration | Hyderabad, Telangana | INR 69,900 |
Indian School of Business Management and Administration | Gwalior, Madhya Pradesh | INR 95,900 |
London American City College | Bangalore, Karnataka | INR 60,000 |
Noida International University, School of Business Management | Greater Noida, Uttar Pradesh | INR 162,000 |
Indian School of Business Management and Administration | New Delhi, Delhi NCR | INR 759,000 |
WLCI Fashion College | Mumbai, Maharashtra | INR 435,100 |
The average placement package for Diploma in Business Management graduates in India varies depending on the college, the student's specialization, and the company they work for.
College | Average CTC Placement Package (INR lakhs) |
---|---|
Welingkar Institute of Management, Mumbai | 5.5 |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | 6.0 |
Symbiosis Institute of Business Management (SIMS), Pune | 6.5 |
SP Jain Institute of Management and Research (SPJIMR), Mumbai | 7.0 |
Xavier School of Management (XLRI), Jamshedpur | 7.5 |
Management Development Institute (MDI), Gurgaon | 8.0 |
Indian School of Business (ISB), Hyderabad | 8.5 |
Great Lakes Institute of Management (GLIM), Chennai | 9.0 |
Amity University, Noida | 9.5 |
Specialization | Average Salary (INR lakhs per annum) |
---|---|
Sales | 5.5 |
Marketing | 6.0 |
Customer Service | 6.5 |
Human Resources | 7.0 |
Operations | 7.5 |
Business Analysis | 8.0 |
Business Development | 8.5 |
Product Management | 9.0 |
Project Management | 9.5 |
Assistant Manager | 10.0 |
Deputy Manager | 10.5 |