CAREER PROSPECTUS AFTER BACHELOR black book.pdf

PROJECT REPORT
ON
"CAREER PROSPECTUS AFTER BACHELOR
OF MANAGEMENT STUDIES"
SUBMITTED BY
MR AFAQUE MIRKAR
ROLL NO.16
BACHELOR OF MANAGEMENT STUDIES
SEMESTER V (TYBMS)
(Academic year 2016 – 2017 )
REENA MEHTA COLLEGE OF COMMERCE AND
MANAGEMENT STUDIES
Bhayndrer (w)

CERTIFICATE
I, prof. Sajida Shaikh, hereby certify that Afaque Mirkar, Seat
No. 16 has completed the project on “Career prospects after
Bachelor of Management Studies” for the academic year 2016-
17 and the information submitted is true and correct to the best
of my knowledge and belief.
CO-ORDINATOR GUIDE
(DR. Satinder Kaur Gujral) (Sajida Shaikh)
External Prof.

ACKNOWELDGEMENT
It gives me immense pleasure in presenting the “Career prospects after BMS” for
the Semester V for the Third Year of Bachelor of Management Studies.
I would also like to thank Principal Sir,for giving me the opportunity to study in this
esteemed college and doing the course of Management.
I would like to express my sincere gratitude and thanks to , who is the B.M.S. co-
ordinator and also my project guide, as He has been guiding light for this project and
has also provided me with the best of knowledge, advice and encouragement which
helped me in the successful completion of this project.
I would also thank my colleagues and especially my parents who have always
supported and encouraged me, the success of this project to a large extent are also
dedicated to them.
I also thank all these who have helped me and whom I have forgotten to mention in
this space.
Afaque Mirkar

Executive summary
The University of Mumbai started the Bachelor of Management Studies course in
1999. The course aims at not only training students to become excellent managers
but also leads to the all-round development of their personality. The BMS course
provides comprehensive management training to students by way of interaction,
projects, presentations, industrial visits, practical training, job orientation and
placements. It is a perfectly designed course for aspiring managers and budding
CEOs of tomorrow.
Managers are synonymous with perfection. They are expected to do the right things
at the right time and to see to it that others do it right. The students are moulded
perfectly to fit in with the requirements of an ideal manager who knows how to make
correct decisions, delegate work and most importantly, to coordinate with the entire
organization .BMS is a course designed especially for students aiming to become
managers.This research is undertaken to understand the student’s perspective
regarding BMS, to know how BMS helps students to achieve their career and To
know flexibility, utility and prominent factors of BMS, to know the career prospects
available after BMS and the benefits of BMS for a student.
This research is emphasizing on what makes students to opt for BMS and their
plans after BMS. Some have taken BMS because they find it a way better for their
post-graduation and some have planned to go for job sheer after BMS because they
think this course will help them to get a good job.

Table of Content
Sr. No. Topic covered Page no.
1 Introduction – What is BMS & What after BMS? 1-4
1.1 MBA 5
1.2 Statutory Courses 6-9
1.3 Specialized finance courses 9-15
1.4 List of courses after BMS 16-18
2 Literature review(Case Study) 19-25
3 Research methodology
3.1 Objective of study 26
3.2 Need of study 26
3.3 Research design 26
3.4 Data collection 27
3.5 Sample design 27
4 Data analysis and interpretation 28-33
5 Finding 34-35
6 Recommendation 36-37
7 Limitation 38
8 Conclusion 39-40
9 Bibliography 41-42
10 Annexure 43-44

Introduction
What is BMS?
Bachelor of Management Studies or BMS is an undergraduate program
for management studies offered by many universities throughout the world. The
course allows you to obtain the knowledge and skills needed to assume management
positions in a wide range of organizations.
Management studies programmes provide students with a solid foundation
in organizational behaviour and human resource management while electives in
labour-management relations, negotiation, conflict resolution, compensation
systems and organizational development allow students to develop deeper
knowledge in specific areas of interest.
In addition to business management course, it will equip you to understand how
organizations work, how they are managed, and how they interact with local,
national and international environments.

What after BMS?
Candidates who have completed the three year under graduation course in Bachelor
of Management Studies can pursue courses such as Master in Management Studies
and Master of Business Administration for good career options.
Apart from this, they can start career in various private/ public sector firms along
with graduation. Candidates can work in various departments such as Sales and
marketing and Research and Development.
Job opportunities are plenty in private firms compared to government sector. Repro
India Limited and Maersk Global Service Centre are some of the major employers
in this sector. Experience and performance are the factors that determine the pay
package in this sector.
Those who clear competitive exams can start their career in various public sector
organizations as well. Those who completed higher studies can look for higher job
positions in various organizations.
Higher Study options after BMS Course
Candidates who have completed Bachelors’ in Management Studies can go for
various higher study courses such as Mass communication, CA etc. Most of the
colleges in India offers post graduate courses in Management with a wide variety of
specialization. Some of the courses are listed below.

 Master in Management Studies (MMS)
 Master of Business Administration (MBA)
 Master in Financial Management (MFM)
 International Post Graduate Diploma in Risk Management
 Masters in Human Resource Development Management
 Masters in MARKETING Management (MMM)
Sydenham College of Commerce and Economics, Narsee Monjee College and
Mulund College of Commerce are some of the top institutes that offer these courses.
Apart from these courses they can go for Executive Program in Applied Finance
conducted by reputed institutes such as Indian Institute of Management.
Job Opportunities after BMS Course
Unlike other under graduate programmers BMS course curriculum includes
internship programmers, project works related in the areas of Management etc. This
makes this course much in demand in job market. Candidates can seek employment
in public sector organizations, in export-import departments, in commercial banks
and other private sector organizations. Candidates after successful completion of the
course can work in Human Resource Management, Sales and Marketing and
research and development departments of various firms.
Fresh candidates can join as research analyst in Citi Group. Repro India Limited
recruits BMS graduates for their client requirement. Apart from these, they can seek
employment in various firms such as Reliance BPO, Scope International Pvt. Ltd
and Wipro BPO.

Maersk Global Service Centre India Pvt Ltd and Motilal Oswal Securities Ltd also
recruit candidates with BMS. Experienced candidates can earn attractive pay
packages and work in better job profiles.
To start with, anybody who attempts to create a list, any list is always on a slippery
wicket.
First, any list does involve a certain bit of subjectivity and thus it will never be
perfect. Despite all this one must attempt to create a list. After all, a list helps us in
the simplest way to know why we decide to take a certain action.
When I began creating the list of top finance courses available in India, I thought of
keeping the big daddy i.e. the MBA in Finance out of the list.
After all, we all know what an MBA in finance can do for us. But, I didn’t want to
exclude it for the sake of it as I know the popularity of the course.
Keeping this in mind I’m going ahead with a list of top best finance and banking
courses available in India, which would help you to make good use of your passion.
I have broadly divided the courses into the following sections:
 MBA
 Statutory Courses
 Specialized courses

1.1 MBA
Probably the most obvious choice for anybody who wishes to make a career in
FINANCIAL services is to do an MBA in finance. The advantage that an MBA has
over any other format is that it allows you a good all round exposure to various
aspects of finance, whether it’s accounting, cost accounting, financial modeling, and
statistics and so on.
Additionally if you choose your minors well, you can have exposure to fields like
Marketing, behavioural science, human resources, etc. Thus giving you the best
possible chance for growth in the financial services industry.
However, be warned, that a lot of your ability to jumpstart may be dependent on a
combination of economic factors, the strength of your placement cell, your alumni
and also your independent ability to network.
If you wish to be on the global stage, then do remember that MBAs from Harvard,
Stanford, and INSEAD have to do their bit of hunting as well. Even the hallowed
IIMs do not officially guarantee you a placement.

1.2 Statutory Courses
The Statutory courses are the ones that have been created by acts of parliament and
hence create binding obligations under certain circumstances. Under statutory
courses, we can include the following
a. Chartered Accountant
Probably the most well-known statutory course, this course was created as a result
of the enactment of the Chartered Accountants Act in 1949.The course involves a
combination of theory and more importantly practical training which run
synchronously to provide a student with the necessary wherewithal required of a
professional accountant.
A good grounding in this profession creates opportunities few courses can match.
Chartered Accountancy allows you to have rewarding careers in consultancy, audit
practice, investment banking, and information technology to name a few. The
profession allows you probably the best chance in finance to create a location
independent career. You can find successful chartered accountants in many small
towns where a lot many other professions may not flourish.
The chartered accountancy course also opens the doors for an international career.
An Indian CA after clearing certain local papers can easily practice in countries like
the United Kingdom and Australia to name a few. Additionally, with the increasing
introduction of International Financial Reporting Standards (IFRS) if you become a
chartered accountant then the world is your oyster.

b. Cost Accountant
This course came into being as a result of the Cost and Works Accountants Act,
1959. The act regulates the profession of cost and management accountancy. A Cost
and Management Accountant (CMA) is a person who performs services which
involve accounting for cost of manufacturing an item, pricing the goods and services
produced verification or certification of taxation, especially with respect to indirect
taxation.
Unlike pure accounting professionals say, chartered accountants, the demand for a
cost accountant is a cross-organization phenomenon. The marketing department
needs you in preparing quotations for tender responses; the production department
needs you to make better decisions on a profitable product mix, the purchase
department wouldn’t move without the cost accountants advice for taking the make
or buy decisions and in top management you play a critical role in identifying
business risks and their mitigation.To use a cricket analogy, you would be the all-
rounder in the team.
c. The Company Secretary
The course was a result of the Company Secretaries Act 1980.The Company
Secretary is primarily the mediator between the management and the organization’s
board of directors. Company secretaries are involved in creating policies for the
company, maintaining legal records, taking care of public issues, managing mergers
and acquisitions related activities. Additionally they liaise as agents of the company
while negotiating with a number of government authorities.

A Company Secretary has a definite chance of being employed by management
consulting firms, banks, corporates and regulatory bodies besides having an option
to practice independently. You as a company secretary are also a sought after
professional for positions abroad with multi-national companies. There is a
burgeoning demand for Company Secretaries in the UK, the USA, and many other
countries in the western world. With the appropriate set of knowledge and skills, you
as a company secretary can look forward to a rewarding career.
d. Actuary
If you are an actuary, then your job would be to assess the financial impact of risk
and uncertainty. Actuaries assess the financial security systems, keeping a hawk’s
eye on their complexity, the mathematics involved in the same and their
mechanisms. Actuaries try to use mathematics to evaluate the probability of events
and minimize the impacts of financial losses associated with an event that is not only
uncertain but is undesirable.
Many events like death cannot be avoided, however as an Actuary your job is to do
the needful to minimize their financial impact if as and when they occur. These risks
have the possibility of impacting both sides of the balance sheet. Thus, you would
be required to have the requisite skills in asset management, liability management,
and valuation skills.
An actuary is expected to have the analytical skills, business knowledge and
understanding of human behaviour that is required to design and manage programs
that assess and control risk. If you are an actuary, then you would be most likely

employed in the Insurance industry but also in corporate houses like Reliance, which
issues 100 year or perpetual bonds. The profession is governed by the Actuaries Act
of 2006.
1.3 Specialized finance courses
Specialized courses are the ones where a certain skill set is developed for an industry.
a. Chartered Financial Analyst
The Chartered Financial Analyst degree is one of the toughest to crack but probably
one of the most rewarding certifications to have. In fact in the financial services
world, the CFA charter holder is one of the few courses that give an MBA-Finance
a serious run for money.
If you are a CFA charter holder, then you are one of the most valued people in any
organization. You are looked up to for your insights backed by analytical inputs.
This certification is highly useful if you want to make a career in equity research,
investment banking or fund management.
However, if you choose to pursue this course there is one piece of advice: Start
early
b. The Certified Financial Planner
If you wish to make a career out of wealth management then being a CFP is almost
a must have.

This course gives you in-depth training in various aspects of personal finance like
tax planning, insurance planning, estate planning, etc.
You can consider the certified financial planner to be like the general practitioner
MBBS.You as a CFP are the best bet that people have in managing their growing
wealth.
You as a CFP would be sought after in banks, wealth management companies,
insurance companies, mutual fund and other financial intermediaries.
In India, there is a dearth of good financial planners. As per some market
estimates, India needs close to 50,000 financial planners, and not even 10% has been
met.
The CFP certification is valid in 23 countries in the world including Australia, UK,
etc. Financial Planning Standards Board (FPSB) India is the authorized regulatory
body for this course in India.
c. Economics
Yes, that economics degree is also a good bet for making a career in financial
services. After all, it’s the economists who create all the policies that determine
whether the country grows or flounders.
Economists are valued in the financial services industry for predicting an impact of
policies that may affect business performance and make informed decisions about
how policies would move and how the business should react to the changing policies.

If you chose to become an economist then the financial services world would look
to you just like many people look to astrologers, i.e. to understand complex inputs
and give guidance on how to use the available resources for creating valuable
outputs.
Thus give serious thought to that offer from LSE or near home the Delhi School of
Economics.
d. Statistics
A statistician handles the collection, assessment, explanation and presentation of
quantitative data.
You as a statistician provide insights, commendations, and advice on policy and
strategy to clients within and outside your organization.
You as a statistician, handle monitoring data collection and using modeling
techniques, both mathematical and statistical. You would also be expected to present
your findings along with providing strategic advice on how best to use the results.
Thus do give an honest shot at clearing the M Stats exam at the Indian Statistical
Institute.
e. Chartered Alternate Investment Analyst
The CAIA Charter is the globally recognized credential for professionals
managing, analyzing, distributing, or regulating alternative investments.

The CAIA Charter designation is the highest standard of achievement in
alternative investment education and provides broad knowledge,
demonstrated expertise, and global credibility in alternatives.
f. Financial Risk Manager
Since 2008, the element of risk management has come to the fore like anything.
If you were to choose to become a Financial Risk Manager, then you would be
expected to manage the risk that accompanies any investment and would like to
enlarge their knowledge of the same.
This course is suitable for people seeking employment in risk management in
banks, corporates, non-banking financial firms and corporate houses.
This course helps people in their early stages by exposing them to the breadth of
the curriculum covering major strategic aspects of risk management on the other
hand the course helps established professional keep up with the latest trends.

g. Financial Modeling and Investment Banking Programs
FINANCIAL Modeling skills are a must for equity research and investment
banking careers.
If you want to make a career in financial research, equity research, Investment
banking, and other core finance areas, then having MBA or CFA degrees alone won’t
help.
You need to learn skills that are required to do the actual work on the job. You can
learn the skills by online or classroom programs. As per my experience and
interaction with students, Indian students prefer classroom programs.
Banking job and expected salary after BMS?
If you want to do jobs in banking sectors, you will have to appear in IBPS exams.
The list of exams conducted by IBPS are:-
IBPS clerical grade exam.
Educational qualification required:-
Intermediate pass out with at least 60% marks.
Minimum age required is 18 years.

IBPS P.O grade exam.
Educational qualification required:-
graduation pass out in any stream with at least 60%.
The age requirement vary in this case and it will be in the range of 18 years to 21
years.
Apart from these there are two more exams conducted by IBPS.
These are:-
1. IBPS NABARD for getting jobs in NABARD banks which deals with
agriculture sectors.
2. IBPS RURAL BANK OFFICERS.
The minimum age required for the above two exams will be 21 years.
The percentage of marks required differs in case of sc/st candidates and the
minimum marks required is 50%.
Age relaxation is also given as per government norms.
The details is as follows:-
3 years for OBC candidates.
5 years for SC/SC candidates.
Apart from these exams separate exams are conducted by SBI and RBI for
recruiting its employees.
The details for getting jobs in these banks are as follows:-

Educational qualification:-
Graduation in any stream with at least 60%.
Age should be minimum 21 years.
The sections from which questions are asked in all bank exams are from:-
Reasoning, Maths, Economics, English and Computer.
There will be five sections and each sections will include 50 questions, thus there
will be total 250 questions.
The total time duration given to solve all the questions is 250 minutes.
You will have to pass in all sections in order to get pass in banking exams.

1.4 List of courses after BMS!!!!!!!!!
1) Master of Commerce (M.Com) – 2 years
2) Master of Management Studies (M.M.S.) – 2 years full-time
3) Master Degree in Marketing Management (M.M.M.) – 1 year part-time
4) Master of Financial Management (M.F.M.) – 3 years part-time
5) Master of Human Resources Development Management (M.H.R.D.M.) – 3
years part-time
6) Master degree in Information Management (M.I.M.) – 3 years part-time
7) Master of Financial Services Management (M.F.S.M.) – 3 years part-time
8) Post Graduate Diploma in Management (Indian Navy) – 4 months, full time,
residential course
9) Post Graduate Diploma in Management of Insurance Sector – 2 years

10) Post Graduate Diploma courses in – marketing management / financial
management/ materials management/ human resources management – 10 months
course
11) Diploma in Marketing Management (D.M.M.) – 1 year part-time
12) Diploma in Marketing Studies (D.M.S.) – 2 years
13) Diploma in Systems Management (D.S.M) - 1 year part-time
14) Diploma in Operation Management (D.O.M.) - 1 year part-time
15) Diploma in Computer Management (D.C.M.) – 1 year part-time
16) Diploma in Administrative Management (D.A.M.) – 1 year part-time
17) Diploma in Administration – 1 year part-time
18) Diploma Course in E-Commerce and Financial Accounting Management
a) E-Commerce Technician – 4 months, b) Computerized Office Technician – 3
months, c) Computerized Financial Accounting Technician – 2.5 months
19) Certificate Course in Crucial Issues in Disaster Management – 3 months
20) Certificate Course in Environment Management and Disaster Mitigation – 5
months
21) Certificate Course in Gardening and Nursery Management – 6 months
22) Certificate courses in Accounting – 1 years
23) M.A. in History, Politics, Sociology, Economics, Philosophy, English,
Marathi, Hindi, Urdu and Sanskrit- 2 years
24) M.Com (Account OR Management Group) – 2 years
25) Post Graduate Diploma in Financial Management – 2 years
26) Post Graduate Diploma in Operational Research Management – 2 years
27) Certificate course in Net programming – 6 months
28) Certificate course in Insurance Marketing- 3 months part-time

29) Certificate course in Hospital Management – 3 months part-time
30) Diploma in Customs Clearance and Freight Forwarding (DCC & FF) – 1.5
year
31) Diploma in Tour Management – 1 year
32) Diploma in Tourism and Travel Industry Management – 2 years full time
33) Post Graduate Diploma Course in Tourism and Travel Industry Management –
18 months
34) Post Graduate Diploma Course in Retail Management – 1 year full-time
35) Post Graduate Diploma Course in Management and Insurance Sector – 2 years
36) Post Graduate Diploma in Agri-Business Management – 2 years
37) Post Graduate Diploma in Insurance Administration – 2 years
38) Post Graduate Diploma in Management and Insurance Sector (PGDMIS) – 2
years
39) Post Graduate Diploma Courses in Logistics/Retail – 2 years part-time
40) Stock Market Operation Management Course – 3 years (Certificate, Diploma,
Advanced Diploma)
41) Family Business Management Course – 3 years (Certificate, Diploma,
Advanced Diploma)
42) International Business (Export Management Course) – 3 years (Certificate,
Diploma, Advanced Diploma)
43) Management of Retail Business – 3 years (Certificate, Diploma, Advanced
Diploma)

Literature review
Bachelor of Management Studies: Analysis
BMS or Bachelor of Management Studies replaced three courses i.e. Bachelor of
Business Studies, Bachelor of Business Economics and Bachelor of Financial and
Investment Analysis. Under the FYUP, the course is now overlooked by the Faculty
of Management Studies, Delhi University, a reputed institute for management
education. However, studying BMS for a year will make you realize that the Faculty
of Management Studies has nothing to do with it apart from its sole contribution
being the redesigning of the syllabus and the scrapping of the interview that was
followed earlier in the admission process.
BMS, like the three courses it replaced, is a course that is meant for students who
wish to go beyond theoretical education. Since the admission is based on the Board
marks, the entrance exam, it gives students an opportunity to study at reputed
colleges in DU, even if their Board marks are on the lower side.
Here’s a look at some aspects of this relatively new course:

Syllabus
The syllabus for BMS is very similar to that of BBS, with certain elements from the
syllabi of BBE and BFIA like Basic Econometrics and Financial Modeling and
Derivatives added to it.
Some topics, which were earlier simply a part of subjects in the 3 courses, are now
full-fledged papers under the new syllabus like Database Management System and
Consumer Behaviour. BMS students will have to study a language under the new
syllabus as an Applied Course.
Students can choose from the following subject areas for their DC II papers: Finance,
Marketing, Human Resource Management, Management of Services, Management
of Global Business and Tourism Management.
On one hand, this is a plus because the students have more choices now, as the old
courses had less number of options for specialization. Moreover, students can choose
a DC II paper from their second year. This gives the students an added advantage of
studying a specialization subject for three years which was previously taught for
only a year (final year).
However, though initially these six courses were meant exclusively for the students
pursuing BMS, Delhi University revoked its decision and made it available for the
students pursuing any course subject to the guidelines mentioned here. Therefore,
the exclusivity that students pursuing BBS/BBE/BFIA had of specializing in a
subject has been taken away from the course.

A bonus year
An extra year for BMS students, brings with it various opportunities. The 3 courses
it has replaced have always laid emphasis on extra-curricular activities. Students
can intern for another summer and try their hand at working in different industries,
startups, NGOs and so on. Apart from that, it is another year full of B Plan
competitions, Mock Stocks, B Quizzes etc. Those who wish to take up this course
are usually inclined towards gaining practical exposure. With a bonus year,
students can apply themselves in a much better way and hone such
skills. Additionally, a student graduating after 4 years will be awarded an Honours
degree, though 2 of the earlier courses were not Honours courses.
The exit options
The exit options might prove to be a boon for those students who aspire to be
entrepreneurs. They can finish their graduation in 2 or 3 years and use the
knowledge acquired to set up a business. This route is not for the faint hearted, of
course. This option may also prove useful for students who plan to join their
family’s business post-graduation.
College Choices
Though BBS, BBE and BFIA were taught in 3, 10 and 1 college(s) respectively,
BMS will be taught in only 6 colleges, namely:
Shaheed Sukhdev College of Business Studies (or CBS)
Deen Dayal Upadhyaya College (DDUC)
Keshav Mahavidyala (KMV)
Bhimrao Ambedkar College (BRAC)
Maharaja Agrasen College (MAC)
College of Vocational Studies (CVS)

This move came as a surprise since reputed colleges like SGTB Khalsa, Gargi and
SGGS College of Commerce were not given a green signal by the University to
start this course. In all, 840 seats have been allotted to this course.
Based on the counseling sessions of last year, CBS was the first choice for most
students. KMV and DDUC followed next, and were more or less equally popular.
CVS too, saw many takers especially since they have 300 seats for this course. MAC
and BRAC were the next options taken up by students.
Overall, the changes made were mostly positive, with fairly decent to good
placements depending on the college, a myriad of extra-curricular activities and a
balance of theory and practical exposure.
Tushar Diwan and Priyanka Banerjee
Advantages of Management Study
Management as an academic field of study offers a number of insights into many
organizational aspects of our daily lives. Consequently, several reasons explain why
we may want to study this topic.
The first reason for studying management is that we all have a vested interest in
improving the way organizations are managed. We interact with them every day of

our lives. It frustrates us when you have to spend a couple of hours in a Department
of Motor vehicles office to get your driver’s license renewed. We get perplexed
when none of the sales people in a department store seem interested in helping. It
surprises everybody when a major corporation that everyone thought was thriving
suddenly declares bankruptcy.
Are you angered when you call airline men three times and its representatives quote
you three different prices for the same trip? As a taxpayer, it seems as if something
is wrong when you read about companies that have over billed the government for
defense related equipment.
These types of problems can largely be attributed to poor management.
Organizations that are well managed such as Infosys Technologies, Nicholas
Piramal India Ltd., ICICI bank, Hindustan Lever, and the TVS group of companies
develop a loyal constituency, grow, and prosper. Those that are poorly managed
often find themselves with a declining customer base and reduced revenues.
Eventually, the survival of poorly managed organizations becomes threatened.
For instance, Metal Box, Hindustan Antibiotics, Dunlop India, and the textile mills
in Mumbai were once thriving corporations. They employed tens of thousands of
people and provided goods and services on a daily basis to hundreds of thousands of
customers. But weak management did them in. Today those companies no longer
exist.
The second reason for studying management is that once you graduate from college
and begin your career, you will either manage or be managed. For those who plan
on careers in management, an understanding of the management process forms the

foundation upon which to build their management skills, but it would be naive to
assume that everyone who studies management is planning a career in management.
A course in management may only be a requirement for a desired degree, but that
needn’t make the study of management irrelevant. Assuming that you will have to
work for a living and that you will almost certainly work in an organization, you will
be a manager or work for a manager. You can gain a great deal of insight into the
way your boss behaves and the internal workings of organizations by studying
management. The point is that you needn’t aspire to be a manager to gain something
valuable from a course in management.
It’s important to put the whole topic of studying management into a proper
perspective. That’s because management as a field does not exist in isolation. Rather,
it embodies the work and practices of individuals from a wide variety of disciplines.
College courses frequently appear to be independent bodies of knowledge. Too
often, what is taught in one course is frequently not linked to past or future courses.
As a result, many students don’t see some vital connections and linkages in their
course work, especially in many business curriculums. A lack of connectedness is
often evident between core business courses and between courses in business and
the liberal arts. Accounting classes, for instance, typically make little reference to
marketing; and marketing classes typically make little reference to course in
economies or political science. College curriculums often resemble group of silos,
with each silo representing a separate and distinct discipline.
A number of management educators do recognize the need to build bridges between
these silos by integrating courses across the college curriculum.

The big picture is often lost when management concepts are studied in isolation. By
adding this cross disciplinary perspective, you will gain a greater appreciation of
how general education courses are useful to students of management, which in turn
can help you to be a more effective manager.
In short management courses imparts advanced knowledge to competent students so
that they can apply wisely what they have learnt when they are working in an
organization. The inefficiencies are barred while they can manage things efficiently
By Sree Rama Rao on September 21, 2011
Research Methodology

3.1 Objective of study
The objective of study which I have tried to achieve through my research, they
are:-
1) To know the student’s perspective regarding BMS.
2) To know how does BMS help students to achieve their career?
3) To know flexibility, utility and prominent factors of BMS.
3.2 Need for study
1) To know the career prospects available after BMS.
2) To study the benefits of BMS.
3.3 Research design
The research design that is undertaken for this project is descriptive research and
exploratory research as we are not aware of the problem and research conducted for
the problem has not been clearly defined and will undertake the further research
through questionnaire that would clearly define the problem and the appropriate
solution.
3.4 Data Collection
a) Secondary data:

The secondary data that has been collected for this research is through internet
and newspaper articles.
b) Primary data:
The primary data that has been collected is through structured questionnaire
which is filled by the students of Bachelor of Management Studies.
3.5 Sampling Design
The sampling that I have undertaken to do this research is random probability
samplings, because it refers to taking a number of independent observations from
the same probability distribution, without involving any real population and involves
unpredictable component.
a) Population:
The population targeted was of age between 19 and 21 who have appeared or
appearing Bachelor of Management Studies course to get appropriate information.
b) Sample design
The sample selected from the population consisted of 50 students ranging from 19
years to 21 years of age of which 30 were female and 20 were male.

DATA ANALYSIS AND INTERPRETATION
Q.1) Why did you opt for BMS?
According to research, approx. 60% students have opted for BMS because
they find it is a professional course, it will enhance their overall skills,
whereas 36% students have opted for BMS because they think it has
better career prospects.

Q.2) What are you doing specialization in?
66% Finance 24% Marketing 10% Human Resource
According to research, approx. 66% students are doing specialization in
finance, majority of students have opted for finance as their career
whereas 24% students are doing specialization in marketing and 10%
students are doing specialization in human resource.

Q.3) What is your career plan after BMS?
40% Post Graduation 60% Work/Job
According to research, 40% students will go for post-graduation after
completing their bms whereas remaining 60% would prefer to go for job
directly after completing their BMS.

Q.4) Do you think BMS is a more flexible course than any other
courses?
74% Yes 26% No
According to research, approx. 60% students have opted for bms because
they think that it is a professional course and it will help to groom their
overall personality.
Whereas, 36% students have opted for BMS because this course has
better career prospects and 4% students have opted for any other reason
which they did not specified.

Q.5) Do you think the career you will choose for your future
will fetch you equal returns that you have invested in?
88% Yes 12% No
According to research, 88% students think that BMS will help them to
recover their money that they have invested in from the career that they
will choose in future, whereas 12% students are of opposite opinion.

Q.6) How will BMS help you to achieve your career goal?
30% Better Prospects 40% Improves managerial skills 20% helps in post graduation
According to research, 30% student have taken BMS because it has
better job opportunities whereas, 40% students think BMS helps to
improve managerial skills and grooms one’s overall personality.
20% students think, after BMS if you opt for MBA or mms then BMS
acts as a base to future course as it is a management study and gives a
platform as a managers.

Findings
 Majority of students that is 60% of total research population have opted
for BMS because they find it as a professional course that will help them
to groom their personalities and develops managerial skills and 36%
students have opted for BMS because they think BMS has better job
prospects.
 66% students are doing specialization in finance and 24% have planned
to pursue their career in marketing so they are doing specialization in
marketing and remaining are doing specialization in Human Resource and
operations.
 40% students will go for post-graduation after completing BMS and 60%
will go for work experience.
 74% students think BMS is more flexible course than any other course
and 26% students have answered that there are many other courses that
are flexible provide better prospects.
 Majority of students have taken BMS because they think it will help them
to achieve their career goal, as BMS provides variety of knowledge there
is a lot of scope for various other career.

 It helps to groom your personality that further helps you to get a good job.
 It is a unique program and helps to improve skills.
 Many students are looking forward their career in management field, so
being a management course BMS will help them to get a good
opportunity.

Recommendations
 The BMS course does not require any suggestion, because it is a
comprehensive course that covers almost all the aspects. It is a perfect
choice for those who want to become manager and for those who want to
do MBA after BMS.
 There are some suggestion for students, those who have opted BMS.
 As per my research result I found some students are going for MBA
whereas some students will go for job after completing their BMS.
 For students going for job after BMS "Graduate recruiters look for
applicants with the potential to progress to leadership or managerial roles,
so graduates who have studied management are widely sought across all
sectors for their graduate schemes." Therefore students should work on
these skills so as to get good jobs after BMS.
 Self-employment or consultancy would be suitable career options for the
more entrepreneurial graduates and those who would prefer to use their
management skills and knowledge managing themselves and their own
resources.

 MBAs are also a popular choice, allowing graduates to develop expertise
in a range of topics such as human resources or operations management
as well as helping them hone their leadership and people skills. So it’s a
better option for students who want to do post-graduation.

LIMITATION
The limitations or the obstacles that I face while conducting the research is:
 Due to time and cost constraint study was conducted only in selected area
Because of this, sample size is only 30, which is not very la
 Findings of the study are based on the assumption that the respondents and
thus can be biased to some extent.
 I was not sure that the information provided by the people was apt.
 I was unable to find out through our research the global i.e. overall perspective
of all the users.
 I found difficulty in writing literature review, due to lack of availability of it.

Conclusion
The simplest way I can describe the importance of BMS is, students opt for BMS
because they find it beneficial and the flexibility of course attracts the students.
Majority of students have taken BMS because they think it will help them to achieve
their career goal, as BMS provides variety of knowledge there is a lot of scope for
various other career.
It helps to groom your personality that further helps you to get a good job.It is a
unique program and helps to improve skills. Many students are looking forward their
career in management field, so being a management course BMS will help them to
get a good opportunity.
The BMS course provides comprehensive management training to students by way
of interaction, projects, presentations, industrial visits, practical training, job
orientation and placements. It is a perfectly designed course for aspiring managers
and budding CEOs of tomorrow.
Managers are synonymous with perfection. They are expected to do the right things
at the right time and to see to it that others do it right. Such are the people required
in today's globally competitive market and such are the people that NM College
produces in abundance.
The students are moulded perfectly to fit in with the requirements of an ideal
manager who knows how to make correct decisions, delegate work and most
importantly, to coordinate with the entire organization.

Majority of students that is 60% of total research population have opted for BMS
because they find it as a professional course that will help them to groom their
personalities and develops managerial skills and 36% students have opted for BMS
because they think BMS has better job prospects.
66% students are doing specialization in finance and 24% have planned to pursue
their career in marketing so they are doing specialization in marketing and remaining
are doing specialization in Human Resource and operations.
BMS is a course designed especially for students aiming to become managers.
Hence, if you have the zest and the endurance to face challenges, the passion to
succeed and win, and also to commit yourself to building a managerial personality
with an international outlook, BMS is a course specially designed for you.
BMS students learn almost 80 % of what is taught in first year of MBA and the
obvious choice is to take up MBA or take a management trainee position in a reputed
company. Exceptions are few of some who start their own ventures.

BIBLIOGRAPHY
1) Websites
 http://dubeat.com/2013/07/bachelor-of-management-studies-
course-analysis/
 http://study.com/articles/Bachelor_of_Management_Studies_Program
_and_Course_Information.html
 http://educationcareer.in/what-scope-future-bms-course-how-will-
career-progression-8625.html
 http://www.indianetzone.com/4/bms-_mumbai_university.htm
 http://ask.shiksha.com/after-completing-my-bms-degree-course-
what-type-of-jobs-i-can-get-for-gaining-experience-which-will-help-
me-when-qna-1967333
2) Primary Data
Primary data collected through survey, survey was conducted on 50 students
of Bms.

3) Books
1. Books:
Sr. No. Name of the
book
Name of author Edition Year of
edition
1. The Human side
of Enterprise
Douglas Mcgregor 1st
Edition 2006

Annexure
Name: ____________________ Age: ______Occupation: ________________
Objective: To study student’s perspective regarding Bachelor of management
studies (BMS).
1. Why did you opt for BMS?
o Professional course
o Better prospects
o Any Other___________________
2. What are you doing specialization in?
o Finance
o Marketing
o Human resource
o Operations
3. What is your career plan after BMS?
o Post-graduation
o Work/Job

4. Do you think BMS is a more flexible course than any other course?
o Yes
o No
Reason___________________________________________
5. Do you think the career you will choose for your future will fetch you equal
returns that you have invested in?
o Yes
o No
6. How will BMS help you to achieve your career goal?
____________________________________________________________
Thank you!

CAREER PROSPECTUS AFTER BACHELOR black book.pdf

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