What is the full form of BMS
1) BMS: Bachelor of Management Studies
BMS stands for Bachelor of Management Studies. It refers to an undergraduate course in management. The course is offered by almost all universities and renowned business schools around the world.
It is usually a three-year management course. The three years are divided into six semesters which covers all important management subjects like marketing, finance, human resource, etc.
The course emphasizes imparting entrepreneurial skills to the students so that skilled management professionals could be produced. Intermediate-level students with specialization in Arts, Science or Commerce are eligible for the course.
Some of the benefits of BMS
- The course teaches different behavioral aspects of an organization.
- The course imparts adequate leadership qualities to enable the students to work in a team or lead a team.
- It helps improve presentation skills, decision-making skills and problem-solving skills.
Who should pursue a bachelor's degree in management studies?
- Anyone with business or management interests is suitable to apply for this Bachelor of Management Studies programme.
- After high school, students who possess the necessary traits to be a manager, such as strong communication abilities, a spirit of cooperation, or leadership, can enrol in a Bachelor of Management Studies course.
- Those who intend to pursue an MBA or another programme with a similar focus after receiving their undergraduate degree may also enrol in this course.
- Candidates who wish to launch their own business may also choose the Bachelor of Management Studies course.
You can get admission to the BMS course if you have successfully cleared the intermediate-level exams. Some institutes conduct entrance exams to shortlist the candidates for their BMS courses. The application forms for the entrance test are available on the website of the institutes or universities.
Bachelor of Management Studies (BMS) Syllabus
|Foundation of Human Skills
||Introduction to computersv
||Introduction to Financial Accounts
||Principles of Management 1
|Computer Applications in Business
||Principles of Management 2
||Introduction to Cost Accounting
||Direct & Indirect Taxes
|Public Relations Management
||Service Sector Management
|Research Methods in Business
||Special Studies in Finance
|Management of SME
There are various junior-level managerial positions for the BMS graduates in the marketing, HR, and Finance departments of companies. Some popular job profiles after completing this course are given below:
- Marketing Executive
- Sales Executive
- HR Executive
- Operations Executive
- Business Consultant
- Business Development Executive
- Manager of Quality
- Assistant Manager
Popular BMS Colleges in India
- ABSS Institute of Technology, Meerut, Uttar Pradesh
- College of Vocational Studies, Delhi
- Shaheed Sukhdev College of Business Studies, Delhi
- Indian School of Business Management and Administration (ISBM), Ludhiana
- Adarsh College of Arts and Commerce, Maharashtra
- B.L. Amlani College of Commerce and Economics, Maharashtra
- Advent Institute of Management Studies, Udaipur, Rajasthan
- JG College of Management Studies, Ahmedabad, Gujarat
- Indian School of Business Management and Administration (ISBM), Kochi
- Indian School of Business Management and Administration (ISBM), Chennai
2) BMS: Business Management System
BMS stands for Business Management System. It refers to a set of tools used for strategic business planning and implementation. It enables the organization and the employees to access data and information related to different business processes like sales, marketing, finance, customer service, etc. Thus, it is a communication platform for all organizational knowledge that helps an organization to plan better strategies and implement them successfully. It also helps make the right decisions regarding day-to-day business activities and processes to make profits and satisfy customers.
Main Functional Groups
The three main functional groups that make up the business management system are as follows:
- Identify Priorities and Define Strategies: To accomplish certain strategic goals and objectives, corporate management strategies (the company's policies, priorities, and preferences) must be identified and planned. Decisions on business management can be established and influenced by clearly defining the strategies and a plan of action.
- Present Business Management Strategies: The strategic methods and methods used to carry out the business plans and strategies throughout the decision-making process, ought to be presented and used.
- Business Management Implementation: It consists of rules (instructions, practical directions) and operations (procedures) for implementing business strategies, managing tactical solutions, and carrying out daily activities.