Top BMS (Bachelor of Management Studies) colleges in Mumbai where students can apply after their HSC results. Here’s more on the best BMC courses, their requirements, cut-off and tips for choosing a college for BMS.
What is BMS?
Bachelor of Management Studies or BMS is an undergraduate program for management studies offered by many universities and colleges in India (and throughout the world). Course prepares student to exploit opportunities in the Management profession by providing students with adequate exposure to various Management topics.
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BBA vs BMS UG course
So what is difference between BBA & BMS UG course?
Both BBA (Bachelors of Business Administration) and BMS (Bachelor of Management Studies) are professional management courses; the duration of both the courses is three years. Their curriculum and core content is also almost the same.
Having said that, BMS course focusses a bit more on analytical and logical oriented studies, while BBA course concentrates on core studies.
Students having either of this degree can become junior level managers or opt to study further (MBA).
Factors to Consider
To get admission in Bachelor of Management Studies, you need the following:
- 10+2 or any other equivalent qualification with minimum 50% marks.
- Top/reputed universities and colleges may conduct entrance examination for admission.
Things to consider when choosing a college for BMS:
Reputation of the college:
It always helps to have a good college name on your resume.
Faculty:
Competent professors will help you understand the various concepts better. Its important to get in a college with excellent faculty.
Infrastructure:
BMS students have to do lot of presentations, project works and assignments. For proper presentations to be conducted, the college should have facilities such as computers/laptops, projectors, podium or an Audio Visual Room having all these facilities so that the students get a feel of giving formal presentations as they will in the future working for top organizations.
Industrial visits:
An important aspect of BMS course is Industrial Visits or IVs. IVs enables students to get hands-on experience of visiting a factory or a plant and knowing about the process of manufacturing, processing, packaging and delivering of a product.
Summer Internships:
The best BMS colleges offer internships to students during summer vacations. These internships help students gain valuable work experience and also get an internship certificate, which is a big plus on the resume.
Placements:
Top BMS Colleges offer job placements for their TY graduated students, with decent pay packages.
Seminars and Events in College:
Choose a college which holds a lot of seminars and events for its students as you get to know industry trends, different people and network with them.
BBA Syllabus & Subjects
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BBA syllabus and subjects taught. The syllabus is more or less the same for similar courses, such as Bachelor of Management Studies (BMS), Bachelor of Financial Investment and Analysis (BFIA), Bachelor of Business Economics (BBE) etc.
BBA course includes six semesters and has syllabus such as Business Organisation, Business Communication, Fundamentals of Accounting, Business Mathematics, Management Concepts & Practices, Organisational Behavior, Managerial Economics, Management Accounting, Business Environment, Business Statics, Marketing Management, etc.
List of Subjects and topics under BBA Syllabus
Principles of Management |
Business Mathematics & Statics |
Introduction to Operations Research |
Business Economics |
Financial & Management Accounting |
Production & Material Management |
Personnel Management & Industry Relations |
Marketing Management |
Business Data Processing |
Business Laws |
Introduction to Psychology |
Business Analytics |
Introduction to Sociology |
Micro Economics |
Organisational Behaviour |
Essentials of Marketing |
Corporate Strategic Management |
Human Resource Management |
MIS / Systems Design |
Understanding Industry and Markets |
Leadership and Ethics |
Strategy |
Entrepreneurship |
International Business Management |
Sales & Distribution Management |
Commercial Bank Management |
Security Analysis |
Manufacture Planning and Control |
Digital Marketing |
Retail Management |
E-Commerce |
Quantitative Methods |
Computer Applications |
Family Business Management |
Export/ Import Management |
PR Management |
Project Management |
Financial & Commodity Derivatives |
Financial Modelling using spreadsheets |
Industrial Relations and Labour Legislation |
Consumer Behaviour |
|
In addition, BBA students are also taught topics on soft/practical skills as part of the BBA syllabus, such as:
Soft Skills & Personality Development |
Professional Communication & Behavioral Grooming |
Writing Skills |
Etiquette |
Conversational Skills |
Consulting & Problem solving skills |
Selling |
Negotiating |
Persuading skills |
SMU BBA Solved Assignments – Bachelor of Business Administration
SMU BBA solved assignments – Bachelor of Business Administration. The BBA course by SMU (distance education) is a popular course among several students all over India.
distance education is increasingly becoming popular among Indian students. There are many who take a break from full time education (due to personal reasons); courses like these are perfect for such students. BBA is also a great course for someone who wants to understand business and management (for those running family managed business).
SMUDE ( Sikkim Manipal University – Distance Education ) Assignment Answers for Semester 1, 2, 3, 4, 5, 6, Spring, Summer, Fall, Winter Drive.
As part of the BBA course, students are required to submit assignments from time to time. However, it can be a challenge for working students to spare time for assignments. Its not that the assignments questions are tough; its just that working hours and commuting hardly leaves time for many. This is where we can help you.
Academic Questions for BBA/BMS Students
Here are some of the projects, assignment works that BBA students are commonly asked to do.
Select any newly started small local business of your choice where you may have some existing knowledge or access to resources and skills through personal networks
Question: As an Entrepreneur how a Businessman forecasts demand to grasp marketable opportunities in the initial stages of starting a business.
Key Points to be covered:
- 1. Introduction part – Of entrepreneur (including specialized skills) Type of Business Organization
- 2. Introduction of Product/ Service
- 3 Analyzing Demand for Product/ Service
- 4. Target Customers (to which type customers product / service is meant)
- 5. Entry into market (type of market chosen and business development)
- 6. Analyzing Success in the Market
Note: Use Pictures, diagrams/charts, collage etc., to support your work.
Question: Analyse key considerations for evaluating growth opportunities and justify these considerations within an organizational context.
- Use any two analytical framework eg. Pestle, Porters generic, BCG, Mckinsey matrix, Product life cycle and analyse the evaluation of growth opportunities available to the selected business based on the frameworks used e.g. new product/services, innovation. etc.
- Justify the considerations of growth opportunities available to the selected organization.
Hint: How to evaluate growth opportunities
- Research your customer and competition
- Explore adjacent opportunities
- Understand the business environment factors e.g technological developments, Government regulations, Economic indicators, Trade Policies, Social and cultural norms.
Create the PPT for the same.
P2) Evaluate the opportunities for growth applying Ansoff’s growth vector matrix.
- Apply Ansoff’s growth matrix to selected organisation – market penetration, product/service development, market development, unrelated diversification.
- Write the strengths and weaknesses of growth opportunities available to the business based on Ansoff growth vector matrix by demonstrating the understanding of competitive advantage.
- Give Conclusion
Question: Assess the potential sources of funding available to businesses and discuss benefits and drawbacks of each sources.
- Examine the different sources of finance available to different business and list down its merits and demerits of each source with appropriate example.
- Identify the potential sources of funding suitable for the selected organisation with its significant or relevance and justify your answer.
P4) Design a business plan for growth that includes financial information and strategic objectives for scaling up a business.
Evaluate growth opportunities available to business. Based on the evaluation, create a business plan for the selected organisation to scale up the business. Business Plan Should include:
- Vision
- Mission
- Target market
- SWOT Analysis
- Pricing strategy
- Action plan- What, Where, When, Why
- Strategic Implementation framework
- Allocation of funds and create estimated budget
- Stakeholder analysis
- Monitor and evaluation- Balance Scorecard
- Conclusion and Justification
P5) Assess exit or succession options for a small business explaining the benefits and drawbacks of each option.
Assess whether business should used exit option or succession option. Based on the assessment, explain either exist options available to business along with its benefits and drawbacks or succession options available to business along with its benefits and drawbacks.
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