Study Business Management
Master the art of business management worldwide—acquire a global skill set and strategic mindset by studying business management abroad.
What Do You Study in Business Management?
Study in Business Management to understand how any organization operates, encompassing all the managerial functions like finance, marketing, human resources, operations, etc. The core modules that students typically study in business management programs include organizational environment, management principles, business economics, corporate governance and ethics, and strategy, among others. Besides, there are numerous specialization options that you can choose from, starting from the different management functions like marketing and finance, and industry-specific specializations like banking & insurance, hospitality, retail, etc.
In programs to study in business management, you will undergo a combination of classroom lectures, case-based coursework, group projects, seminars and presentations, and term-end examinations. Often, programs have a mandatory placement or co-op component that requires participants to engage in hands-on traineeship in real businesses, handling practical organizational problems or engaging in the day-to-day operations of an organization.
As you study in business management, you will learn career-specific skills like functional knowledge of business operations, product and project management, supply chain and logistics, and financial planning. These apart, you will also gain transferable skills like decision-making, problem-solving, negotiation, leadership, teamwork, time management, and interpersonal skills, among others, that are intrinsic to success in any profession.
Why Should You Study in Business Management Abroad
Study in business management abroad to get exposure to global best practices in business operations besides exchanging ideas with fellow students of diverse backgrounds. Apart from the knowledge you acquire in the classroom or during the coursework, this exchange of ideas helps broaden your perspective thus enriching you professionally.
International students prefer to study in business management abroad to acquire a globally recognized qualification that will enhance their chances of an international career. Be it co-op experiences, internships and projects, or post-qualification job opportunities, studying abroad will open employment pathways for you which will undoubtedly enhance your employability.
Learn to network while you study in business management in a foreign country and build lasting professional connections with your peers, professors, alumni and guest speakers who are often industry leaders, and businesses around you. These connections could lead you to life-changing opportunities for professional enrichment.
Turn your Study Abroad Dream to Reality
Qualifications You Need to Study in Business Management Course Abroad
UK
A-levels or equivalent
USA
High School Diploma or equivalent
Canada
High School Diploma or equivalent
Australia
High School Diploma or equivalent
Germany
Abitur
France
French Baccalaureate or equivalent
Ireland
High School Diploma or equivalent
New Zealand
High School Diploma or equivalent
UK
Relevant Bachelor’s degree
USA
Relevant Bachelor’s degree
Canada
Relevant Bachelor’s degree
Australia
Relevant Bachelor’s degree
Germany
Relevant Bachelor’s degree
France
Relevant Bachelor’s degree
Ireland
Relevant Bachelor’s degree
New Zealand
Relevant Bachelor’s degree
UK
Master’s degree & relevant research proposal
USA
Master’s degree & relevant research proposal
Canada
Master’s degree & relevant research proposal
Australia
Master’s degree & relevant research proposal
Germany
Master’s degree & relevant research proposal
France
Master’s degree & relevant research proposal
Ireland
Master’s degree & relevant research proposal
New Zealand
Master’s degree & relevant research proposal
Institutions in the USA and Canada require SAT/ACT scores for undergraduate admission decisions. For postgraduate admission to study in business management, most destinations, including the UK, USA, and Canada specify GMAT/ GRE as an eligibility criterion. For other destinations, the entrance test requirement varies, and it is best to check with the preferred institution before starting the application process.
Types of Programs to Study in Business Management
Full Time / Full Time with work placement
A full-time degree to study in Business Management is the oft-chosen option amongst international students as the delivery combines intensive case-based coursework with group activities, projects and seminars, and independent study for term-end exams. Often full-time business management programs have a mandatory work placement component in the form of co-op experience or internship. Such programs demand the complete focus of the participants for immersive experiential learning.
Part-Time
If you are a working professional who wishes to study in business management without taking a career break for improved career prospects then the flexibly structured part-time programs are for you. The composition of the courses and the evaluation process are the same as full-time programs except that you would attend classes either on weekends or weekday evenings. The option however is unsuitable for international students holding a student visa as the visa conditions do not allow participation in part-time study programs.
Online
You also have the option to study in business management online. This way, you do not need to take a career break or go through the hassle of visa procedures to move to a foreign country. Online programs in business management from some of the top-rated B-Schools grant you a globally accepted degree, scope of quality education, and flexibility to learn remotely.
Tuition Fees to Study in Business Management
Business Management is a wide field of study with diverse program options across levels. Inevitably, program fees vary widely with degree programs, study levels, degree providers and destinations as well. Below we have provided you a rough idea on the fees structure however it is always advisable to check with the university you’re applying at to get the latest information.
Country | Average Annual Tuition Fee |
UK | £11,000-£20,000 |
USA | $20,000-$35,000 |
Canada | CAD 13,000-20,000 |
Australia | AUD 15,000-25,000 |
Germany | Low or no tuition fees at public universities. |
France | Varies, public universities are relatively affordable. |
Ireland | €10,000-€25,000 |
UAE | Varies by institution and program |
New Zealand | NZD 15,000 – NZD25,000 |
Europe | Varies by destination and institution |
Duration of Programs to Study in Business Management
- Undergraduate Degrees – 3-4 years
- Postgraduate Degrees – 1-2 years
- Doctorate Degrees – 3-5 years
Please note that the duration of specific programs may differ to fit exact course requirements. Thus, it is always advisable to check with individual degree providers for the exact program duration.
Top Universities to Study in Business Management
UK
- London Business School
- University of Oxford
- University of Cambridge
USA
- Harvard Business School
- Stanford Graduate School of Business
- Wharton School - University of Pennsylvania
Canada
- Rotman School of Management - Univerity of Toronto
- Ivey Business School - University of Western Ontario
- Sauder School of Business - University of British Columbia
Australia
- Melbourne Business School - University of Melbourne
- Australian Graduate School of Management - University of New South Wales
- University of Queensland Business School
France
- INSEAD
- HEC Paris
- ESSEC Business School
Germany
- Mannheim Business School
- WHU Otto Beisheim School of Management
- HHL Leipzig
Ireland
- UCD Smurfit Graduate Business School
- Trinity College Dublin
- Dublin City University Business School
New Zealand
- Auckland University of Technology
- University of Otago Business School
- Victoria University of Wellington
UAE
- INSEAD Middle East Campus
- IAmerican University of Sharjah
- University of Dubai
International Scholarships to Study in Business Management
Scholarships can undoubtedly reduce the financial burden of pursuing an education overseas. Numerous scholarships are available for international students who wish to study in business management across levels, some awarded by universities while others are sponsored by government bodies and private organizations. Scholarship decisions are often based on merit, while others consider the demonstrated need of applicants, and others still list specific eligibility criteria. Here’s an indicative list of some prestigious scholarships to study in Business Management.
United Kingdom
- Chevening Scholarships: Students from select nations willing to study in Business Management at the postgraduate level at UK universities can apply for the fully-funded Chevening Scholarships. Applicants must have an unconditional admission offer into the chosen program and work experience of at least two years.
- The London Business School Fund Scholarships awards up to 100% of tuition fee waiver to eligible MBA applicants at the institution.
- The Saïd Business School at Oxford University offers several funding opportunities to deserving students pursuing a graduate Business program at the school.
USA
- The fully-funded Fulbright Foreign Student Program encourages international graduate students, young professionals, and artists to pursue study and research in the USA.
- At Harvard Business School, students can avail of need-based scholarships up to approximately $46,000 a year, for the duration of the program.
- The Wharton School has several Fellowship programs for deserving students pursuing an MBA at the institution. All MBA students with demonstrated need are eligible for financial aid at the Stanford Graduate Business School to the tune of approximately $44,000 a year.
Canada
- Canada Graduate Scholarships (CGS): Canadian federal agency of Social Sciences and Humanities Research awards the Vanier Canada Graduate Scholarships to candidates who wish to study in Business Management in the country. The host Institution in Canada nominates the candidates for the award. The award decision is based on the academic excellence, research and leadership potential of the nominated candidates.
- The Rotman School at the University of Toronto grants $1 million+ in scholarship awards to eligible students pursuing graduate business programs at the institution
- Besides several other scholarship programs, the UBC Sauder School of Business awards the Women in Business Leadership Scholarships to high-caliber participants with proven leadership potential
Australia
- Australia Awards Scholarship: The fully-funded Australia Awards Scholarship is administered by the federal Department of Foreign Affairs and Trade to support international students pursuing full-time undergraduate/ postgraduate programs at participating Australian institutions.
- Dean's International Management Scholarship: Among several other programs, the Dean's International Management Scholarship at the Melbourne Business School is particularly for international students offering full tuition fee coverage for pursuing a full-time MBA.
- The Honors - Business School Tuition Fee Reduction Scholarship at the UQ Business School encourages high-achieving undergraduate students pursuing business management degrees at the institution.
Germany
- DAAD Scholarships for Master Studies are funded by the Federal Foreign Office of Germany to support students pursuing graduate studies at a German university.
- WHU – Otto Beisheim School of Management has numerous scholarship programs for students enrolled in a diverse range of graduate programs to study in Business Management.
- Opportunity Mannheim Scholarship is for incoming undergraduate students with financial need at the University of Mannheim. Granted initially for a year, the award is renewable, depending upon the fulfilment of the scholarship conditions.
France
- The France Excellence Eiffel Scholarship sponsored by the French Ministry for Europe and Foreign Affairs, supports international students pursuing master’s or doctoral programs in Business Management. The host institution must nominate the candidates for the award.
- INSEAD MBA Scholarships: Exceptional incoming students at INSEAD are rewarded with the MBA Scholarships - based on the applicant’s academic merit and/or financial need. The average award amount is €21,100.
- The ESSEC Academic Excellence Program aims to recognize international applicants with distinguished academic profiles including above-average GMAT scores, high motivation, etc., with up to 40% of total tuition fees.
Ireland
- The Government of Ireland International Scholarships supports students with proven leadership potential with a year’s tuition fee to study in business management in the country.
- UCD Smurfit MBA Scholarships including the Business & Finance Awards MBA Scholarship, the GMAT Excellence MBA Scholarship, the MBA Entrepreneurial Scholarship, and the Women in the MBA Scholarship support international students at the university with an award range of 50 to 100% of tuition fees.
New Zealand
- Deserving international students from select nations with an unconditional admission offer to an eligible undergraduate or postgraduate program to study in Business Management in New Zealand, can avail of the Excellence Awards.
- AUT International Scholarships - Faculty of Business, Economics and Law Undergraduate Programs is for incoming students from select nations, pursuing a Bachelor in Business. The award is valued at $5000 for the first year of studies.
- The Vice Chancellor's International Excellence Scholarship is for incoming international high-achieving undergraduate students at the Victoria University of Wellington. The award, valued at $10,000, is disbursed towards the first-year tuition fees of the awardee.
United Arab Emirates (UAE)
- The Merit Scholarships at the American University of Sharjah are for incoming undergraduate students with a minimum high school average of 90% or more. The award is valued at 10% - 30% of tuition and technology/lab charges.
- INSEAD Abu Dhabi Scholarship is exclusively for Emirati Nationals with demonstrated professional and personal achievements. The award can cover up to 100% tuition fees.
Europe
- Erasmus Mundus Scholarships: Students pursuing a Joint Master's Degree under Erasmus+ at eligible European destinations can avail of the fully-funded Erasmus Mundus Scholarship that covers tuition fees, travel, visa and a living allowance.
- ETH Zurich Excellence Scholarship Opportunity Program supports incoming international Master’s students at the institution. The applicants must have been in the top 10% of their undergraduate cohort to avail of the fully-funded award that also grants access to the ETH Foundation network.
Career Progression After Completion of Your Study in Business Management
After Undergraduate Studies:
After graduating with a Bachelor’s study in Business Management, you may find entry-level employment with banks and financial institutions, marketing firms, recruitment agencies, management consultants, IT companies and so on. With experience, your scope to rise in the hierarchy will increase.
After Postgraduate Studies
Completing a Master’s study in Business Management widens your employment options with more decision-making specialized roles on the offer.
After Doctorate studies
Post Doctoral study in business management, you can take up mentoring assignments to groom future business leaders or extend your knowledge into policy-making or analyzing roles, management and strategic consultation, economic research, etc.
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FAQs
Why Study Abroad With UniApplica?
UniApplica provides a comprehensive solution for all aspects of student needs, covering everything required for a successful academic journey.
To sign up for an MBA degree, you must hold an accredited undergraduate qualification in any discipline. As a professional field of study, an MBA also requires participants to have relevant prior work experience. Pursuing a bachelor’s study in business management gives you a general overview of the functioning of business organizations worldwide, with a clear understanding of the management principles that drive businesses. Further, armed with a business management degree, it is easier to find and work in relevant job roles that you can showcase during your MBA application. So, starting with an undergraduate degree in business management does make sense for MBA aspirants.
The more popular business management degrees at the undergraduate level are a BA or BSc in Business or a Bachelor in Business Administration. In general purview, it is just the nomenclature that is different amongst these programs as business management can neither be delineated as a science discipline nor is it wholly a humanities field of studies. However, if you delve deeper, a Bachelor of Science in Business will perhaps concentrate on finance and business analytics with a focus on math and technology. On the contrary, a Bachelor of Arts in Business will combine liberal arts studies with a broad-based business education, stressing the development of critical thinking and communication skills of participants. The BBA program is an out-and-out focused business program building a well-rounded knowledge base for operating an organization.
When you choose the program that you wish to study in business management, go through the curriculum to understand the focus areas so that you can align these with your career goals and proceed accordingly.
It is an improbable task to mark a single management concentration that can guarantee a promising career post-qualification. You can choose to major in accounting & finance, marketing, human resources, supply chain management, project management, and so on. The key is to choose the one area wherein you will be able to sustain your interest for a long-haul career besides matching your strengths. For example, if you are good at analyzing the cash inflow and outflow in a business, can generate a forecast, and plan for optimum utilization of financial resources, then the Finance specialization can ensure a dream career run for you. If you are very persuasive in nature and strong presentation and negotiation skills are your forte, then Marketing is your field to succeed in.
No, you do not you have to sign up for an MBA or an equivalent Master’s after completing your Bachelor’s study in business management. On the contrary, you can start working soon after. However, with the rising level of competition in the job market, advanced degrees and certificates coupled with work experience can help you rise the corporate ladder faster.
Yes, it is ideal to start working after completing your undergraduate study in business management because this will help you earn some crucial work experience. Please note that relevant professional experience is usually an entry requirement for admission into an MBA or a postgraduate business management degree.