Diploma in Business Management - Indian School of Business Management and Administration (ISBM, Hyderabad)

  • Years 1 Years
  • Type Course Diploma
  • stream Management
  • Delivery Mode

About Course

The Diploma in Business Management is a 1 year-long program focused on teaching the fundamentals of management and preparing students for the ever-changing world of business. In this course, students acquire in-depth knowledge and insights into business concepts and processes. The business administration course is intended to prepare students for accounting, sales and management, among other things. This course is designed for students who wish to advance their careers in business or government through the development of practical skills and knowledge in human resources, marketing, risk management, politics and operations.

A Diploma in Business Management degree requires a minimum grade of 50% for the bachelor's degree. The admission process depends on the criteria of the institution. This course is designed for students who wish to acquire practical skills and knowledge in human resources, marketing, risk management, politics and operations to further their careers in business or government.

It is the best course for students who want to gain business and management skills right after graduation. Although some institutions allow 10 successful students.

Course Highlights

Particulars Values
Course Name Diploma in Business Management
Course Level Diploma
Course Duration 1 year
Examination Type Semester System
Eligibility Criteria 45 to 55% in bachelors
Admission Process Merit Based
Specialization Business Management
Internship Yes
Entrance Exams CAT, MAT, SNAP, etc.
Course Fee INR 10,000 to 8 LPA
Average Annual Salary INR 2.5 LPA
Top Recruiters IDBI Bank, Hindustan Unilever Limited, Godrej, Morgan Stanley, India bulls, HDFC Bank, etc.
Job Profiles 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

Why Study DBM?

Here are some reasons to study business administration:

1. Numerous jobs are being created in various sectors for business graduates.

2. Enables people to make better financial decisions, analyze data, and more accurately predict business statistics.

3. Building a strong business foundation requires access to the best managerial skills and industry knowledge.

DBM is an accredited course that offers applicants great career opportunities and other benefits. Since administration/management is a very important field, being a professional in this field is a must and in fact any company would hire someone with expertise.

High Pay: The job offers a good starting salary for newcomers and is good for older or experienced graduates, meaning it's good for the economy.

Presence: The DBM degree imparts good skills, so it makes a good impression on your CV and also offers good job opportunities abroad due to the skills.

Opportunities: Offers a wide range of jobs in different industries as managerial skills are the most important requirement. He also has a wide range of overseas assignments.

Eligibility Criteria

Course requirements vary by institution, but the minimum requirement is 50% in a bachelor's degree. The admission process depends on the criteria of the institution. Because some of them carry out an actual or direct recruitment process.

1. In the performance-oriented setting, the grades that the student has achieved in the commission examination or in the preparatory course for obtaining the diploma are taken into account. Spots are allocated to shortlisted candidates based on their score.

2. Some colleges may conduct their own entrance exams and interviews to test an applicant's knowledge.

Admission Process

The admission procedure for Diploma in Business Management degree depends on the respective university.

1. This can be a merit-based or direct recruitment process.

2. The recruitment process depends entirely on the grades obtained by the students in the relevant board examination, or is sometimes considered a graduate program. 

3. Depending on their grades, study places are awarded to students from universities or technical colleges.

Skills Required for DBM

Those wishing to enroll in a Diploma in Business Management degree program must have a specific set of skills to understand the subjects and enhance their professional skills. These skills are also essential for a successful career and career advancement. Individuals can expand their skills and abilities by studying the business degree program.

Communication Skills Relationship Building
Brand Awareness Critical Thinking
Business Knowledge Interpersonal Skills
Management Skills Risk Management

Entrance Exams for DBM

Some universities and institutions, and even states, may conduct DBM entrance exams. In addition, admission is either fully substantive or dependent on the outcome of diploma exams. Some of the most popular exams that students can take are listed below:

1. CAT

2. MAT

3. SNAP

4. TS ICET

Fee Structure

The majority of the costs for a business degree are determined by the university administration. Each university has its own fee structure, which is determined by the university management. Tuition fees at private institutions can be more expensive than at public universities. The average cost of a business degree is Rs 5,000 and Rs 40,000.

Name of College Average Annual Fees
Symbiosis International University, Pune INR 2.28 LPA
Noida International University INR 1.1 LPA
Mahatma Gandhi University INR 15K
Indian School of Business Management and Administration INR 30.9 K
EMPI Business School INR 7.4 LPA

Selection Process

Selection is based on DBM eligibility criteria for a minimum of 10+2 exam scores. In this case, the university entrance examination can take place. After passing the exams with an appropriate score, a candidate is selected. The results of the exam will be communicated to the candidates via email.

Course Comparison
Parameters DBM DBA
Course Name Diploma in Business Management Diploma in Business Administration
Course 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.
Course Duration 1 year 3 months to 3 years
Course Level Diploma Diploma
Eligibility Criteria Bachelor Degree Intermediate cleared or Bachelor’s degree
Course Fee INR 10,000 to 8 lacs INR 15,000 to 2 Lakhs
Top Recruiting 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.
Career Prospect Production Manager, Financial Planner, Business Management Researcher, Marketing Manager, Business Management Executive, and more Administrative Assistance, Office Coordinator, Department Store Manager, Human Resource Manager, Retail Manager, School Administrator, Controller, Consultant

Top Colleges of DBM

Listed below are some of the top DBM Colleges in India which offer the course:

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

Jobs and Placements in DBM

Upon completion of the DBM degree, the candidate can work in both the public and private sectors depending on the type of work or skills desired. In addition, they have an additional specialization through a postgraduate degree such as a doctorate or an additional extension through other full-time courses. But the DBM degree also has a wide range of work due to demand and continuous industrialization and advancement. Some of the best job titles for graduates after the DBM course are:

1. Teacher

2. Finance manager

3. Business Analyst

4. Business Management Researcher

5. Marketing Manager

6. Business Management Executive

7. Finance Manager

Private Jobs

Several private companies offer DBM career opportunities to candidates after completing their DBM studies. The average salary for DBM graduates is around INR 3 LPA. There are various job titles such as:

Top Private Company Job Profiles Salary
Art Of Living Human Resources Executive Assistant to Director INR 12 LPA
Sachdeva Foods Pvt Ltd Restaurant Support Manager INR 5 LPA
Polaris Group India Management Trainee INR 4 LPA

Government Jobs

Due to high demand, career opportunities in government for DBM graduates continue to increase. The growth of the country's development has led to an influx of opportunities from the government sector. DBM upgrades can work as production manager, business researcher, marketing manager, business manager, financial manager, business analyst (cash management), accountant, etc. The average salary of a DBM graduate is around INR 3 LPA.

Top Government Company Job Profiles Salary
Bangalore Metro Rail Corporation Limited Manager INR 9 LPA
Spices Board, Kochi Research Trainee INR 2.4 LPA
IWAI Chief Accounts Officer INR 4.69 LPA

Abroad Jobs

Each country has a different salary structure for applicants with a DBM degree. There is a diverse range of jobs in each country, but as each location requires different skills, the position and the offer will depend on the qualifications and achievements of the student. Most positions in a similar field are financial or business analysts abroad. DBM student jobs include production manager, business researcher, marketing manager, business manager, finance manager, business analyst, etc.

Top International Recruiting Companies who hire DBM graduates are:

1. Deloitte

2. Amazon Kindle

3. Cognizant

4. TCS

5. RBS

6. IDBI Bank

7. Hindustan Unilever Limited

8. Godrej

9. Morgan Stanley

10. India Bulls

11. Trinity

Job Profiles

Some of the famous expert avenues open to successful graduates of the DBM degree are indexed underneath with the corresponding salaries provided for the respective positions.

Job Profile Job Description Average Salary in INR
Production Manager Production managers are responsible for planning production schedules and ensuring that the production process is carried out within budget and on time. INR 5,56,517
Business Management Researcher A business manager is a supervisor who controls and directs the personnel and activities of an organization or a department. By adopting operational plans, carrying out performance evaluations, and supervising all daily activities, they strive to keep the business productive, efficient and organized at all times. INR 4,00,000
Marketing Manager Marketing managers promote businesses, services, products, or brands. They develop marketing and pricing strategies, generate new business leads, and oversee marketing department staff. INR 7,00,000
Finance Manager Finance managers are business specialists who manage important financial functions of an organization. They produce financial reports, manage investment activities, and create strategies and plans for the long-term financial goals of an organization. INR 14,65,000
Accountant Accountants help businesses make financial decisions by collecting, tracking, correcting, and communicating the financial position of the company. They record transactions, compile and analyze data, perform audits, assist with budgets and financial forecasting, compute taxes, and report their findings to management and other entities, such as the IRS or investors. INR 2,50,000
Human Resource Manager Human Resource Managers are professionals tasked with strategic planning for staffing, conducting interviews, and hiring personnel to foster a productive work atmosphere. INR 8,00,000
Research and Development Manager Research and development managers determine, implement and monitor research and development strategies and priorities to support their organization's commercial, policy or research objectives. They may lead major research projects and provide research advice to their organization. INR 14,00,000

Scope for DBM

The future scope of Diploma in Business Management is shown below:

1. Other students are eligible to apply as qualified management professionals for government and private positions.

2. Graduates can work in management and administrative positions in a wide range of companies, business organizations and industries.

DBM: Career Prospects

Graduates of the Diploma in Business Administration find entry-level positions in management or administration in many companies, businesses and organizations. Qualified management specialists are required in public and private companies. Managers are responsible for the smooth running of a company, organization or industry. Managers are responsible for human resource management, day-to-day operations, finance and accounting in companies.

After completing the Diploma in Business Administration, students can pursue a BBA or postgraduate degree in the same discipline, such as an MBA in Business Administration. This allows you to further deepen your knowledge and pursue a higher-paying career.

FAQs

(1). Is a diploma in business management worth it?

Ans: Although it has always been the subject of debate and comparison, the business degree surpasses the university degree because it is flexible and practical.

(2). Is a diploma or degree better?

Ans: The degree is a special academic distinction usually awarded for professional courses. The relative importance of a diploma compared to a degree is low. Degree programs allow you to deepen your knowledge and possibly reach a higher level.

(3). Does business management need mathematics?

Ans: However, specific business degrees often require far more mathematics than these core requirements. However, for most traditional majors in business, accounting, human resource management, and economics, the first calculations and statistics include all the mathematical requirements.

(4). What elements are required for business management?

Ans: Mainly focuses on business and management courses. But you will also learn about other topics such as finance, human resources, public relations and marketing. You will also acquire transferable skills and knowledge, such as an understanding of how organizations work.

(5). How can I study business administration?

Ans: Business Management is basically divided into two levels: undergraduate and postgraduate. At the bachelor's level, candidates can choose from courses such as the Bachelor of Business Administration (BBA) and Bachelor of Management Studies (BMS) as well as the integrated MBA.

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