Diploma in Business Management is a 1 year diploma program, the minimum eligibility to which is bachelor degree from recognized Institute or University.
Some of the top colleges and institutes which provide admission to (D.B.M.) are as follows:
- North Maharashtra University, Jalgaon
- Bombay Academy of Management Studies, Mumbai
- Shivaji University, Kolhapur
- Maris Stella College (Autonomous), Vijayawada
The average tuition fee charged for Diploma in Business Management course in India ranges between INR 10,000 to 8 lacs.
Business Management characterizes the activities related with running an organization or a company, for example; leading, controlling, organizing, monitoring, and planning’. In this manner diploma in business management (DBM) is short-term program or a course which teaches about the essentials of management. It gives the students knowledge into the general functioning of a business and give an outline of the different management disciplines.
For admission in D.B.M. is relies on the basis of candidates performance in a relevant entrance exam, and resulting round of counselling.
DBM program has course content that trains candidates and help them to gain key management skills and administration abilities. In short, this program prepare candidates and develop them skilled and qualified managers, who may go up against administrative or managerial roles in business organizations, houses, industries or companies.
Such postgraduates are hired in capacities such as Production Manager, Business Management Researcher, Marketing Manager, Business Management Executive, Finance Manager, Business Analyst (Cash Management), Management Accountant, Business Consultant, Human Resource Manager, Business Development Manager, Research and Development Manager, Information Systems Manager, Business Management Professor, Business Performance Management Trainee etc.
Starting salary can be anywhere between INR 2 to 8 lacs per annum. Salary depends on the basis of job profile, job location, profile of the employer etc.
Diploma in Business Management: Course Highlights
Given below are some of the main highlights of the course.
|Course Level||Diploma After Graduation|
|Duration of the Course||1 years|
|Admission Process||Entrance exam and Merit Based|
|Average Course Fee||INR 10,000 to 8 lacs|
|Average Starting Salary||INR 2 to 8 lacs|
|Top Job Areas||Construction Industry, Health Industry, Chemical Industry, Grocery Stores, Colleges & Universities, Utilities Industry, Fashion Industry etc.|
|Top Job Positions||Production Manager, Business Management Researcher, Marketing Manager, Business Management Executive, Finance Manager, Business Analyst (Cash Management), Management Accountant, Business Consultant, Human Resource Manager, Business Development Manager, Research and Development Manager, Information Systems Manager, Business Management Professor, Business Performance Management Trainee etc.|
Diploma in Business Management: What is it all about?
Diploma in Business Management is a certificate program identified with the field of management education. The course provides fundamental and basic management skills to candidates.
The program has been intended to provide the business instant, knowledgeable and skilled professionals who are in position to perform and yield better results.
Business Management course includes activities related with running an organization, such as leading, controlling, organising, monitoring and planning. This diploma program teaches candidates for a decent career in a business management field where student will have the capacity to perform business-related activities and management duties adequately. Candidates will cover a numerous scope of modules like Financial Accounting, Business Communication, Principles of Marketing, Project Management and Human Resources just to give some examples.
This versatile and comprehensive qualification will open doors to boundless career openings. Those candidates are suitable for this course who expect to gain formal training in the area of Business Management.
Applicants who need an intensive lesson in management so as to begin their profession are most suited for this program.
It is preferably suited for entrepreneurs or businessman and those planning to seek a career in general management.
The course plans students to be prepared to bear imperative positions in the field of Business Management in India
The Diploma programs outfits students with the learning, abilities and capabilities required for positions in HR and quality.
Substantial Diploma in Business Management eligible candidates may secure admission in relevant 3 or 4 years graduate Degree program. On finishing graduate Degree course, candidates may seek relevant Master’s level program. This can be followed up with additionally advanced program such as M.Phil. or PhD.
Diploma in Business Management: Top Institutes
Given below are some of the top institutes in India that offer the course.
|NAME OF INSTITUTE||CITY||AVERAGE ANNUAL FEES|
|Noida International University||Gautam Buddha Nagar||INR 1,10,000|
|WLCI School of Fashion||Pune||INR 4,35,000|
|ITM Business School||Mumbai||INR 4,65,000|
|Mahatma Gandhi University||Meghalaya||INR 15,000|
|Symbiosis International University||Pune||INR 2,88,000|
|School of Inspired Leadership||Gurgaon||INR 4,49,000|
|GDM College||Harnaut||INR 4,50,000|
|Indian School of Business Management||Bangalore||INR 12,900|
|EMPI Business School||New Delhi||INR 7,40,000|
|Indian School of Business Management and Administration||Hyderabad||INR 30,900|
|Kaizen School of Business Management||Mumbai||INR 31,300|
|G D Goenka University||Gurgaon||INR 2,60,000|
Diploma in Business Management: Eligibility
Every applicant required admission to the Diploma in Business Management program, must have completed the Bachelors’ degree from any recognized college or University.
Diploma in Business Management: Admission Process
Admission to Diploma in Business Management depends on merit based admission process as well as direct admission procedure.
The merit based admission process depends on marks obtained by candidate in related board examination or Diploma program. Seats are assigned to qualified applicants on the premise of marks obtained by them. Following are a few entrance tests that are conducted by some of the Diploma in Business Management colleges in India:
- North Maharashtra University Entrance Exam
- Bombay Academy of Management Studies Entrance Exam
- Shivaji University Entrance Exam
- Maris Stella College Entrance Exam
Diploma in Business Management: Syllabus and Course Description
A year- wise breakup of the course’s syllabus is tabulated below.
|Semester I||Semester II|
|Management accounting & Applied Statistics||Human Resource Management|
|Principles of Management||Financial Management|
|Management Information System||Marketing Management|
|E-Business||Production & Operation Management|
Diploma in Business Management: Career Prospects
Both private and government organization need management professionals candidates. Managers guarantee smooth working of any organization, association or industry. Managers deal with human asset administration, everyday operations, fund and bookkeeping exercises occurring in organizations and associations.
Candidates may secure entry level administrative and managerial job openings at a big number of companies, organizations, business houses and industries.
|JOB POSITION||JOB DESCRIPTION||AVERAGE ANNUAL SALARY (in INR)|
|Production Manager||Product Manager is responsible for organizing the business, employment issues and finance in an organization. They also develop products by conducting market research. Generates product requirements, specifications, pricing and time plans for product introduction and formulating marketing strategies.||7 to 8 Lacs|
|Marketing Manager||Marketing Manager is in charge for creating, developing, implementing, and begin the strategic marketing plans for a company to attract new clients and existing clients.||6 to 7 Lacs|
|Business Management Executive||Business Management Executive is responsible to overseeing the activities of employees, train, hire and find new employees and assure that an organization is on the way to meet its financial goals.||2 to 3 Lacs|
|Finance manager||Finance Manager is in charge for financial health of an organization, They are responsible for financial reports, develop strategies or plans and direct investment activities for long term financial goals of an organization||8 to 9 Lacs|
|Business Analyst||A business Analyst is responsible for analyzing of an organization and a business domain, and business documents or systems and processes to assessing the business model.||7 to 8 Lacs|