The Benefits of a Business Management Course for Students

A bachelor of business management equips students with skills and knowledge that can help them to land in a career in business. The compulsory classes help students to develop general business concepts and skills required in running business operations and activities while specializing in one or two specialist courses equips one to build the professional skills and knowledge necessary in pursuing a future career. The major specialist areas available to students include human resources, real estate and development, marketing, business information systems, advertising, international business, business economics, and sustainability.

The most competitive careers available for students upon graduation include property manager, recruitment officer, econometrician, sales manager, marketing officer, personnel manager, advertising specialist and market research analyst. Skills and knowledge required to succeed in business management a degree in business management course equip students with many skills and knowledge that is fundamental in succeeding in any business-related career.

As an example, I am passionate in starting a private nursery and after-school club, which will require a number of skills and knowledge in business management.

The most important skill for success is communication and negotiation skills. All professionals in business-related careers are expected to be good communicators and negotiators. They are also expected to have good interpersonal skills that enable them to relate with other professionals and colleagues during work activities and events. This helps them to create professional networks that are essential for the day-to-day running of businesses. Apart from the above skills, students are expected to have professional knowledge that will help them in tackling day-to-day tasks at work.

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One of the most fundamental knowledge areas is knowledge in business legal issues. Knowledge in this area helps students to deal with business activities relating to patenting, licensing, taxation and general legislation dealing with business activities.

Another important knowledge is accounting knowledge, Knowledge in accounting helps students to carry out daily business calculations, statistics, forecasting, stock taking, budgeting, and other financial-related tasks. In addition to the above, a student is supposed to have mastery of knowledge in logistics this knowledge area helps one to carry out procurement, supply, stock control and maintenance of operational goods and products. Students are expected to have vast knowledge in dealing with the various programs and approaches to stock control and management. This helps them to be good supply chain managers, stock controllers and demand forecasters. Another major area that students are supposed to be knowledgeable is sales and marketing. Professionals in business management are expected to be good in advertising, promoting and innovating sales strategies for their products.

Mastery of knowledge in this area helps students to be good sales managers and advertising officers, which helps businesses to attract and maintain a large market share. In addition to this, they are also expected to be good marketing campaigners, coming up with innovative marketing strategies that use latest technology Another major knowledge area that students are expected to be conversant with is human resources management. Knowledge in this area helps students to be good employee recruiters and managers, The major roles of human resource managers include staffing, a delegation of duties, scheduling, design of remuneration scales, promoting employees, employee development and general employee welfare. Mastery of knowledge in this area helps companies to recruit experienced and skilled professionals, maintaining of skilled employees and development of employee abilities and skills which is essential for business growth. Ways of developing skills and knowledge in business management in order to develop and improve communication and negotiation skills, there is a need for one to engage in presentations, delivering speeches, public speaking, discussions, and open forums.

One is also supposed to form professional networks with already established professionals and learn from their mode of communication and negotiations. One is also expected to master body language and other non-verbal cues and use them as required during communication. This helps the audience to understand one’s message more and follow a speaker’s progress throughout a talk. One is also required to read extensively on the desired interpersonal skills for efficient business managers and practice the application of such skills in daily relations with colleagues and client. Knowledge in business legal issues is gained through extensive reading of the major legislations affecting business operations and activities. This equips students with the theoretical procedures, requirements and papers needed in legal issues. One is also supposed to get field experience in legal procedures and requirements by relating with legal officers and professionals.

This gives one the required experience and confidence in tackling future legal matters. One is also supposed to advance and develop sales and marketing skills through extensive reading of the major theoretical frameworks and models used. Understanding of these theoretical frameworks and models makes it easier for one to apply such knowledge in day to day sales and marketing activities. One is also supposed to study the trend of advertising and marketing and engage in real life application of such knowledge. In order to develop skills and knowledge in accounting, there is need for one to engage in daily mathematical and business calculations. One is also supposed to master the major business ratios, formulas and procedures used in working on calculations. Besides this, one is supposed to engage in networking with other established professionals to help him in understanding the application of the various formulas and procedures.

Students are also supposed to master and practice the procedure for creating business financial statements and accounts Knowledge in logistics can be gained through constant practice of the procedures, frameworks and activities used in stock control, procurement, and supplies. Students should also read extensively on the frameworks and procedures used in logistics. Human resource management skills and knowledge in gained through improving interpersonal skills, mentorship with already experienced human resource managers and extensive reading on the best ways of managing human resources. In conclusion, it is evident that business management course has many career options for students.

The main competitive career paths for students include property management, recruitment officer, econometrician, sales management, marketing officer, personnel management, advertising specialist and market research analyst. From the above discussion, it is also clear that business management requires many skills and knowledge including good communication and negotiation skills, mastery of knowledge in logistics, mastery of sales and marketing knowledge, knowledge in human resource management, knowledge in business legal issues and knowledge in financial accounting. From this discussion, it is evident that a business management course is good for students.