Management is the Art & Science of accomplishing certain goals with the usage & manipulation of human financial technological & natural resource. Management also refer to individual or individuals who make decisions about how a business should run. It is often included as a factor of production along with machines materials & money. Management is also called Business Administration & schools that teach management are usually called Business Schools.
The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration (management). The MBA degree originated in the United States in the early 20th century when the country industrialized and companies sought scientific approaches to management. The core courses in an MBA program cover various areas of business such as accounting, applied statistics, business communication, business ethics, business law, finance, managerial economics, management, marketing and operations in a manner most relevant to management analysis and strategy.
There are many confusing questions that the ever-popular 3-letter acronym (M.B.A.) generates every year, as new higher education aspirants (enamoured by the exciting opportunities that the qualification seems to promise), hit the internet for answers.
"What's an MBA?", "How many years to complete an MBA? What is the average course duration?", "What subjects does the course list cover?", "What is the typical MBA course fee?" , "What kind of marks do i need in my entrance exam to get exam in a good college?" and of course, "Is it right for me?" and a lot more....
Bachelor of Business Administration (BBA) / Bachelor of Business Management (BBM) / Bachelor of Management Studies (BMS) : The undergraduate course in Management Studies has been designed to offer to eligible students specialization in a wide range of managerial skills, and training in management efficiency and productivity-evaluation of employees, while at the same time building competence in a particular area of business management.
A Business Administration and Management course provides students with a comprehensive understanding of all topics relating to business, finance, economics, and marketing. One of the key benefits of studying management and business is that it offers students the opportunity to undertake work placements and professional projects. This, in turn, equips them with practical exposure as well as technical knowledge and transferable, soft skills. Furthermore, for those more interested in studying the academic, business-oriented and managerial theories, they will graduate with a skills-set that enables them to go on to formulate policies and to delve more deeply into academia or the study of best practices within management. In fact, many business schools and universities do offer more research-oriented management courses.