Advanced Diploma in Business Management is an advanced level full-time 1-year diploma program in Business Management studies. The eligibility of the program is passing Class 12th with at least 3 years of Diploma degree with 50% aggregate marks in any relevant discipline from a recognized university.
Some of the top colleges who offer the program of Advanced Diploma in Business Management are as follows:
- Indian School of Business Management and Administration (ISBM) - Chennai
- Indian Institute of Business Management and Studies (IIBMS) - Mumbai
- Ranchi University (RU) - Jharkhand
- WLCI School of Fashion - Pune
- GDM College, Harnaut
Admission to Advanced Diploma in Business Management course is done on the basis of merit obtained in qualifying examination. Certain colleges may conduct their own test for selecting candidates for the course. The program provides candidates the platform to advance their knowledge of managing businesses as well as understanding the intricacies related to the field. Some colleges also offer this program through distance and correspondence basis.
Advanced Diploma in Business Management provides a foundation for students of business by imparting them with the fundamental skills and knowledge of the business field. Candidates who seek admission to the program should have the zeal of getting into the crux of details as well as the acumen to build an idea about business using different tools of management. They should have the skills of analyzing, integrating and working as a team by developing their interpersonal skills and this course offers candidates the exact platform to do so.
The average college fee charged for the program in India ranges from INR 14,900 to 4.35 lacs. After the successful completion of Advanced Diploma in Business Management course, candidates are competent to apply for jobs in technical and non-technical fields. They are hired as Marketing Executive, Human Resource Manager, Business Development Manager, Accounts Executive, Finance Manager, Entrepreneur and much more. The average remuneration earned by candidates ranges from INR 3 to 16 lacs per annum, this is, however, bond to increase by doing masters and earning more experience.
Advanced Diploma in Business Management: Course Highlights
|Course level||Advanced Diploma|
|Duration||3 months to 1 year|
|Eligibility||Qualifying Class 12th or equivalent examination with 3-years of Diploma degree in any relevant stream with a minimum of 50% aggregate and above from a recognized board|
|Admission process||Merit Based|
|Course Fee||INR 3 to 16 lacs|
|Average salary||INR 14,900 to 4.35 lacs per annum|
|Top Recruiting Companies||Intergraph, Infotech, Bosch Ltd, Wipro, SYNTEL, ADP, etc.|
|Job Positions||Marketing Executive, Human Resource Manager, Business Development Manager, Entrepreneur, etc.|
Advanced Diploma in Business Management: What is it About?
Advanced Diploma in Business Management is a comprehensive study of business and management, wherein the students gain a platform to test their managerial and entrepreneurial skills by gaining more clarity about the subject. Through the course, candidates are rendered exposure to the business ethics, its impact on society and how they can use their skills to bring about the growth and serve their community.
The program envisages providing candidates the opportunity to develop a strong foundation in managing a business in addition to acquiring critical knowledge for entrepreneurship. Throughout Advanced Diploma in Business Management course, students are molded in different aspects to bring out the best in them, know the tools of starting their own business, progressing and the ability to grow sustainable and innovative businesses through which they can generate a positive impact on their communities, lives and for the public.
Advanced Diploma in Business Management curriculum of the course is designed to enable students to enhance their creative ability, thinking skills and technicalities of the subject. Apart from theory and examinations, the course also enables candidates to develop their interpersonal skills through case studies, discussions and classroom exercises. It also involves presentations and group projects. They are introduced in detail to topics such as Economics, Marketing, Finance, Supply Chain Management, Accounting, and Entrepreneurship.
Advanced Diploma in Business Management students posts the completion of the course is opened a wide range of opportunity in the field of business. They are given the opportunity to explore their ideas and skills in areas of business. The overall aim of the course is to make the students sensitive and flexible to the various changes in the businesses and make them abreast about the latest trends in business so as to mold them as professionals who can raise the organization towards success.
Advanced Diploma in Business Management: Top Colleges and Institutes
|Name of Institution||Location||Average Course Fee (in INR)|
|Indian Institute of Management and Engineering||Andhra Pradesh||14,900|
|Kazen School of Business Management||Mumbai||15,900|
|Indian Institute of Business Management and Studies – IIBMS||Mumbai||25,800|
|Indian School of Business Management and Administration - ISBM||Chennai||14,900|
|Ranchi University - RU||Jharkhand||NA|
|Symbiosis International University||Noida||60,000|
|Zenith Institute of Business Management (ZIBM)||Mumbai||36,000|
|Indian School of Business Management and Administration ||Hyderabad||14,900|
|Satyam Institute for Management Technology and Science - SIMTS||Delhi||NA|
Advanced Diploma in Business Management: Eligibility
Minimum eligibility criteria for admission to Advanced Diploma in Business Management is mentioned below:
- Candidates who have completed their class 12th with 3 years of Diploma degree in any relevant discipline with a minimum aggregate of 50% marks are eligible for admission.
- Those who have passed the Advanced Certificate Course in Business Management are also eligible for admission.
- Some colleges may conduct their own entrance test for availing admission.
- Candidates who have work experience of a minimum of 3 years is also beneficial.
Advanced Diploma in Business Management: Admission Process
Admission to Advanced Diploma in Business Management program is done on the basis of Merit obtained in the qualifying examination. The eligibility criterion for the program is passing class 12th with 3 years of Diploma degree in any relevant discipline with a minimum of 50% marks from a recognized university along with a minimum of 3 years work experience is deemed beneficial for the course. However, the eligibility is subject is vary for different colleges. Some colleges may conduct their own entrance test for the program.
Advanced Diploma in Business Management (ADBM): Syllabus and Course Description
Advanced Diploma in Business Management offers candidates a platform to acquire a theoretical understanding of the subject and the nuances of business management. They are imparted with ideas and techniques which can help in making individuals expert entrepreneurs and management expert. The syllabus of the program is designed in a manner wherein the candidates are introduced to various factors related to issues concerning a multi-disciplinary base.
The curriculum is designed in a manner which makes it feasible for candidates to gain exposure in theoretical as well as practical understanding of the subject. Students are made to conduct research, prepare projects, presentations and attend seminars by experts from the field apart from examinations which are conducted through three terms.
Following is the syllabus followed by most of the universities and colleges mentioned below:
|Term 1 – Foundation Stage||Term II||Term III|
|Financial Accounting||Marketing Management||Special Topics in Business Management|
|Management Process and Organizational Behavior||Management Information Systems and e-commerce||Strategic Management and Performance Improving Planning|
|Business Mathematics and Statistics||Operations Management||Independent Study|
|Economics of Business Enterprise||Management Accounting||Productivity Improvement|
|Industrial Law & Industrial Relations||Human Resource Management||-|
** The Syllabus of the program may differ for different colleges.
Advanced Diploma in Business Management: Career Prospects
Candidates through Advanced Diploma in Business Management course are rendered expert training of the subject along with making them abreast of the various ways of managing a business. On the successful completion of the program candidates are hired in the position of Marketing Executive, Operations Manager, Entrepreneur, Finance Manager, Accounts Executive, Business Development Manager, and much more in government as well as private firms.
Mentioned below are career prospects for candidates to choose from:
|Job Profile||Job Description||Average Salary (in INR) per annum|
|Marketing Executive||Develops strategies to maximize sales and profits by promoting their services, products and ideas||INR 3 to 4 lacs|
|Entrepreneurs||Build ideas into a business, oversee the workings of departments and coordinate with other departments||INR 10 to 16 lacs|
|Finance Manager||Role includes preparing reports, monitoring accounts, forecasting finances of the company and analyzing the market for opportunities.||INR 9 to 11 lacs|
|Business Development Manager||Roles include developing, coordinating and implementing plans for businesses for upgrading profits of the company.||INR 5 to 7 lacs|
|Operations Manager||Role involves supervising the production aspects of business, generating designs for meeting customer expectation.||INR 7 to 9 lacs|
|Accounts Executive||Responsibilities include generating newer ways to promote and build sales.||INR 3 to 4 lacs|