Diploma in Business Management, Course, Admission, Syllabus, Fees, Salary 2023

Q: Ques: Is a business management diploma worth it?

Ans: Even though it's always been a cause for debate and discussion, a diploma in business management scores better than a university degree because it is flexible and affordable.

Q: Ques: Is a diploma or degree better?

Ans: A diploma is a specific academic award usually awarded for professional/vocational courses. ... The relative importance of a diploma, when compared to a degree course is less. Degree programs give more in-depth knowledge and potentially start you at a higher level.

Q: Ques: Does business management require math?

Ans: However, specific business degrees can often require much more mathematics for completion than these basic requirements. ... However, for most traditional business administration, accounting, human resource management, and economics degrees, beginning calculus and statistics comprise the entirety of the math requirements.

Q: Ques: What subjects are needed for business management?

Ans: The main focus of business courses in economics and management. But you will also learn about other topics, such as finance, HR, public relations and marketing. Plus, you will gain transferable skills and knowledge in the process, such as An understanding of how organizations work.

Q: Ques: How can I study business management?

Ans: Business Management is divided broadly into two levels: Undergraduate and Post Graduate. At the undergraduate level, the candidate can opt for courses such as Bachelor of Business Administration (BBA) and Bachelor of Management Studies (BMS), and Integrated MBA.

Sounak Banerjee

Associate Content Manager

Diploma in Business Management is a 1-year program that requires a Bachelor’s degree and deals with providing education about the basics of management and prepares you for the evolving world of Business.

This 1-year certificate program is related to the field of management education. This course of study provides students with an extensive understanding and knowledge of the practices and principles behind basic business management topics.

Diploma in Business Management course requires a minimum mark of 50 per cent in an undergraduate degree. The admission process depends on the institute’s criteria. This course is designed for students who want to gain the skills and practical expertise across human resources, marketing, risk management, and policies and operations to advance their careers in business or administration.

It is the best course for students interested in acquiring business and management skills right after graduation. Although some institutes give admission to the 10th passed students.

Table of Contents

Diploma in Business Management: Course Highlights
Diploma in Business Management: What is it about?
Admission Process
3.1 Eligibility Criteria
Syllabus
Top Colleges in India
5.1 College Comparison
Courses Comparison
Jobs and Career Options
Future Scope
FAQs

Diploma in Business Management: Course Highlights

Degree	Diploma
Full-Form	Diploma in Business Management
Duration	1 Year.
Age	Minimum 21
Eligibility	45 to 55% in bachelors
Admissions	Merit-based
Average Fees	INR 30,000 - INR 50,000

Diploma in Business Management: What is it about?

Business Management is the part of education that gives information and preparation which relates to planning, execution, supervision, and analysis of a business endeavour (enterprise). In this field of training, one can learn about the foundation of an organization or an association, and different user levels, for example, production, financial, administrative, HR, sales and marketing, and others.

It offers a wide range of career options and job opportunities across different sectors.
It enhances the ability to improve financial decisions, analyze data and make better predictions about business statistics.
It gives you management skills and industry insights as to run a business a strong foundation of education and understanding is needed.

Diploma in Business Management: Admission Process 2023

The admission process for Diploma in Business Management depends on the institute.

It may be a merit-based or direct admission process.
The merit-based admission process totally depends upon the marks obtained by the students in the relevant board examination or sometimes diploma course is taken into consideration.
Depending on the marks of the student’s seats are allotted by the universities or colleges

Diploma in Business Management: Eligibility Criteria

The course requirement differs from one institute to another, but the minimum marks requirement 50 per cent in an undergraduate degree. The admission process depends on the institute’s criteria. As some of them conduct merit or direct-based admission process.

The merit-based admission process is marks scored by a student in a relevant board examination or Diploma course are taken into consideration. Seats are appointed to qualified candidates on the basis of marks secured by them.
Certain colleges may conduct their own entrance exams and interview processes to check the candidate’s knowledge.

Diploma in Business Management: Course Syllabus

The core subjects covered in Diploma in Business Management are given below:

Human Resources	Financial Accounting
Marketing Principles	Project Management
Business Communication	Business Law and Policy
Business Economics	Production and Operation Management

The syllabus followed for the course are given below.

Semester I	Semester II
Management of Accounting and Applied Statistics	Human Resource Management
Principles of Management	Financial Managers
Management Information System	Marketing Management
E-Business	Production and Operation Management
-	Project (Thesis)

Diploma in Business Management: Top Colleges

College Name	Average Annual Fees
Symbiosis International University, Pune	INR 2,88,000
WLCI School of Fashion, Pune	INR 4,35,000
ITM Business School, Mumbai	INR 4,65,000
Indian School of Business Management and Administration, Hyderabad	INR 30,900
GD Goenka University, Gurgaon	INR 2,60,000
School of Inspired Leadership, Gurgaon	INR 4,49,000

Diploma in Business Management: College Comparison

The comparison of the top 2 colleges that offer a Diploma in Business Management are as follows:

Parameter	Loyola Institute of Business Administration, Chennai	MET Mumbai, Mumbai
Overview	Loyola Institute of Business Administration, Chennai is ranked 32 in the management category by NIRF. It also bagged 3rd position among the best colleges in the southern region of India. The courses offered at LIBA are approved by AICTE.	MET Institute of Management is one of the leading business schools in India was established in 1989.
College Type	Private	Private
Average Fees	6 Lacs	2 Lacs
Placement Package	21 Lacs	15.5 L
Top Recruiters	Deloitte, Amazon Kindle, Cognizant, TCS, and many more	Growfitter, Xanadu, Starcom, Capgemini, RBS, IDBI Bank, Hindustan Unilever Limited, Godrej, Morgan Stanley, Indiabulls, Trinity, HDFC Bank, Bank of America, Birla Sun Life, Deloitte, Kotak, IBM, etc

Diploma in Business Management: Course Comparison

Given below is the course comparison between Business Management or Business Administration

Parameter	Diploma in Business Management	Diploma in Business Administration
Overview	Diploma in Business Management focuses on management, leadership, human resources, and personnel operations. Topics are more focused on the organization, analysis, and planning of business operations.	Diploma in Business Administration includes general business operations such as accounting, economics, human resources, management, marketing, and other business functions.
Duration	1 year	3 months to 3 years
Eligibility	Bachelor Degree	Intermediate cleared or Bachelor’s degree
Average tuition fee	INR 10,000 to 8 lacs	INR 15,000 to 2 Lakhs
Top recruiting companies/ areas	Amazon, Tata Consultancy Services, Infosys Limited, Flipkart, Sapient Corporation, Snapdeal, Paypal, Reliance Communications, etc.	Construction Industry, Health Industry, Chemical Industry, Grocery Stores, Colleges & Universities, Utilities Industry, Fashion Industry etc.
Job Roles	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 and more	Administrative Assistance, Office Coordinator, Department Store Manager, Human Resource Manager, Retail Manager, School Administrator, Controller, Consultant

Diploma in Business Management: Job Profiles

The job roles graduates are offered after the course is given below.

Job Roles	Description	Average Salary
Production Manager	The Product Manager is responsible for sorting out the business, work issues, and account in an association. Creates item necessities, details, valuing, and time plans for item presentation and figuring promoting procedures. They additionally create items by leading statistical surveying.	7 to 8 lacs
Marketing Manager	The Marketing Manager is responsible for creating, making, and starting the promotional plans for an organization to make in new and existing customers.	6 to 7 lacs
Business Management Executive	Business Management Executive works as a supervisor. He is capable of supervising the exercises of workers, training, recruiting, and finding new representatives, and guaranteeing that an association is en route to meet its budgetary objectives.	2 to 3 lacs
Finance manager	The Finance Manager is in control of the monetary soundness of an association, They are answerable for budgetary reports, create methodologies or designs, and direct venture exercises for long haul money related objectives of an association	8 to 9 Lacs
Business Analyst	A Business Analyst is liable for examining an association and a business area, and business archives or frameworks and cycles to Human Resources evaluate the plan of action.	7 to 8 lacs

Diploma in Business Management: Future Scope

The future scope in Diploma in Business Management is mentioned below:

Further students can apply for government and private jobs as skilled Management Professionals.
Diploma holders may take up managerial and administrative jobs at a wide variety of companies, Business Organizations, and Industries.

Diploma in Business Management: FAQs

Ques: Is a business management diploma worth it?

Ans: Even though it's always been a cause for debate and discussion, a diploma in business management scores better than a university degree because it is flexible and affordable.

Ques: Is a diploma or degree better?

Ans: A diploma is a specific academic award usually awarded for professional/vocational courses. ... The relative importance of a diploma, when compared to a degree course is less. Degree programs give more in-depth knowledge and potentially start you at a higher level.

Ques: Does business management require math?

Ans: However, specific business degrees can often require much more mathematics for completion than these basic requirements. ... However, for most traditional business administration, accounting, human resource management, and economics degrees, beginning calculus and statistics comprise the entirety of the math requirements.

Ques: What subjects are needed for business management?

Ans: The main focus of business courses in economics and management. But you will also learn about other topics, such as finance, HR, public relations and marketing. Plus, you will gain transferable skills and knowledge in the process, such as An understanding of how organizations work.

Ques: How can I study business management?

Ans: Business Management is divided broadly into two levels: Undergraduate and Post Graduate. At the undergraduate level, the candidate can opt for courses such as Bachelor of Business Administration (BBA) and Bachelor of Management Studies (BMS), and Integrated MBA.