A guide to business and management courses

Business and Management is a field of study that focuses on how organizations operate, grow and succeed.

Studying business involves understanding the principles and practices of planning, organizing, leading and controlling resources – including people, finances and information – to achieve specific goals.

What fields can you study?

Key areas of study within Business and Management include:

These disciplines are essential for running everything from start-ups to multinational corporations, government agencies, and non-profits. We have detailed guides for further study fields in business further down in this page.

Why choose to study a university degree in business?

A degree in Business and Management is one of the most popular and versatile academic pathways. Here’s why studying in the field is a great career choice:

Global career opportunities: Graduates are in high demand across industries including finance, retail, consulting, healthcare, and technology.
Transferable skills: Programs develop leadership, communication, analytical thinking, decision-making, and digital literacy – skills valued in every sector.
Entrepreneurship and innovation: For those looking to start their own business, these degrees provide the essential knowledge and tools.
Professional recognition: Degrees are often accredited by bodies like AACSB, EQUIS, or AMBA, adding credibility and employability on an international scale.
Flexible and interdisciplinary: Students can often tailor their studies through electives in areas such as economics, data analytics, law, or sustainability.

Practical learning and research opportunities

Business and Management programs at university emphasize real-world application and practical learning. Common opportunities include:

Internships and work placements: Many universities partner with companies to provide industry experience during or after the degree.
Case studies and business simulations: Students analyse real-world business problems and make strategic decisions in simulated environments.
Consultancy projects: Students may work in teams to provide business solutions for actual clients, including NGOs and start-ups.
Research projects: Especially at the postgraduate level, students can explore topics like digital transformation, organizational behaviour, or market trends.
Study abroad and exchange programs: Exposure to international business cultures is a key part of many programs.

Courses available and their duration

Undergraduate courses:

Bachelor of Business Administration (BBA) or Bachelor of Business Management (BBM): Typically 3 to 4 years.
Bachelor of Commerce (BCom): Focuses on finance, accounting, and economics – usually 3 years.
Bachelor of International Business: With a global focus, often includes a study abroad component.

Postgraduate courses:

Master of Business Administration (MBA): 1 to 2 years; often requires work experience and is ideal for mid-career professionals.
MSc in Management / Marketing / Finance / HRM: 1 to 2 years; specialized programs for focused expertise.
Doctor of Business Administration (DBA) or PhD: 3 to 5 years; research-focused programs for academic or senior leadership careers.

Academic entry requirements:

Undergraduate:

Completion of secondary/high school with strong grades, especially in mathematics, English, or economics
IELTS 6.0–6.5 or equivalent for non-native English speakers

Postgraduate:

An undergraduate degree in business or a related discipline
For MBA programs: 2–5 years of professional experience, GMAT/GRE scores (varies by school)
IELTS 6.5–7.5 or equivalent for English proficiency
A personal statement, resume, and letters of recommendation are commonly required

Tuition Fees

Tuition fees for Business and Management degrees vary widely depending on the country and institution:

Typical annual tuition fee ranges for international students:

United Kingdom	£15,000 – £30,000 per year
United States	$20,000 – $60,000 per year
Canada	CAD $18,000 – $45,000 per year
Australia	AUD $30,000 – $55,000 per year
Europe	€5,000 – €25,000 per year (some countries offer lower or no fees for EU nationals)

MBA programs often cost more than other postgraduate business degrees, but also typically offer stronger return on investment through higher salary potential.

In conclusion

Studying Business and Management opens the door to countless opportunities across the globe. Whether your goal is to lead a major corporation, launch your own start-up business, or consult for governments and non-profits, a degree in this field equips you with the knowledge, skills, and global mindset to thrive in an ever-changing economy.