Traditionally, the term “management” refers to the activities (and often the group of people) involved in the four general functions: planning, organizing, leading and controlling. Note that the four functions recur throughout the organization and are highly integrated.
Management today is not confined to the four walls of a factory; it is indispensable everywhere whether it is a hospital, an educational institution, club, trade union, small business or even one’s own home. In our age of technology, when we view our very own global market, it is amazing to find out hi3 opportunities in different fields of management-human resources, financial resources and natural resources. In the field of management, one is taught to work with a team, in order to achieve some pre-defined goals and targets of the particular organization by creating a suitable climate conducive for growth, development and healthy relationships amongst all the members.
Nature of work
The work of a manager is to get work done by others. Some of the functions of the manager are decision making, organizing, staffing, planning, controlling, communicating and directing. Decision making is the process by which a course of action is consciously chosen from available alternatives for the purpose of achieving a desired result. Organizing is the process by which the structure and allocation of jobs is determined. Staffing is the process by I which managers select, train, promote and retire workers. Palming is the process by which a manager anticipates the future and discovers alternative courses of action open to him. Controlling is the process that measures current ‘performance and guides it toward some predetermined goal. Communicating is the process by which ideas are transmitted to others for the purpose of affecting a desired result. Directing is the process by which actual performance of subordinates is guided toward common goals.
Management being a vast field has various specializations.
Human Resource Management
Human resource management is concerned with getting better results with Resource the collaboration of people. It is an integral but distinctive part of management, concerned with people at work and their relationships within the enterprise. It is the recruitment, selection, development, utilization, compensation and motivation of human resources.
This is an area of management which deals with the computer related activities of management the company. Computer and information systems managers are needed as they play a vital role in the implementation and administration of technology within their organizations. They plan, coordinate, and direct plans in consultation with other managers. They help determine the goals of an organization and then s e implement technology to meet those goals. They oversee all technical aspects of an organization, such as software development, network security, and Internet operations.
Financial management is fast emerging as one of the most popular specializations Management. It is concerned with overseeing the inflow and outflow of cash and finances and developing information to assess the present and future financial status of the firm. The work involves financial planning, decision making and controlling, corporate finance, project finance and investment analysis, merchant banking, equity analysis and research.
Marketing and Sales Management
Marketing Management is a business discipline which is focused on the practical Sales application of marketing techniques and the management of a firm’s marketing resources and activities. It entails identification of the needs of the customers and employing marketing strategies with profit objective in mind. Marketing is abrader term, which encompasses sales, advertising, distribution, exports, market research etc. Sales involve selling a ready product or service in the market. The main areas of marketing are product, price, place and promotion
International and sales management
This growing field deals with-professional handling of international business activities. It offers specializations in commodities, textiles, engineering goods, Management handicrafts, medical equipments, bulk drugs and chemicals, rice, wheat, edible oil, engineering goods, etc. Research and tracking of needs for products, identification of markets (country/region), Identification of buyers in foreign markets; dealing and negotiating with foreign buyers; procurement/production of goods and commodities; Planning of the logistics of delivery of goods and commodities to foreign markets, Fulfilling the documentation necessary forex port of goods and commodities; Monitoring trade contracts.
In today’s age of shopping and marketing, retail management plays a vital role in meeting the targets set by retail outlets. Retail is the new ‘mantra’ and the most frequently used terms to describe retailing industry ‘the people business’. Retail managers are engaged in customer service, store operations/ management, supply chain management, visual merchandising and retail buying. They are responsible for running stores or departments to meet company’s targets and policies, maximize profit whilst minimizing costs.
Health Care and Hospital Management
For the smooth functioning of a hospital, qualified professionals are required who And Hospital are well equipped to face the growing challenges and cater to the specific Management requirements of modern day hospitals. Mangers with health care and hospital management skills manage hospitals, outpatient clinics and drug-abuse treatment centers; observe the day-to-day operations of all departments, like housekeeping, emergency, blood bank, cardiac centers, medical records unit., They also plan budgets and set rates for health services etc.
Hospitality and Tourism
The country’s economy is largely affected by the hotel industry and tourism industry. In this Tourism field of management, professionals are expected to work as managers not only in Hotels, butat Tour Operators, Cruise companies, Holiday operators as well as restaurant chains. Hospitality and Tourism work involves taking care of the tourists by supervising and making arrangement for accommodation in hotels, planning food, transport, reservation etc.
Managers need three essential skills. These are technical skills, human skills and conceptual skills. Technical skills include in-depth knowledge of and proficiency in the specialized work area whether it is finance, retail markets, international business, hospital management etc. Human skills involve the ability to work well with other people both individually and in a group. Managers with good human skills are able to get the best out of their people. They need to be able to communicate, motivate, lead, and inspire enthusiasm and trust. Finally conceptual skills are the skills managers must have to think and conceptualize about abstract and complex situations. Using these skills managers will be able to see the organization as a whole, understand the relationship among various subunits, and visualize how the organization fits into its broader environment.
Besides these he should also definitely possess good decision making power, initiative taking ability, integrity and perseverance in his work. Employment Opportunities
Business management is today one of the most sought-after hi3s. For aspirants in the employment market, this has opened limitless opportunity in diverse spheres with the promise of rewards in the form of good remuneration, status and scope for professional and personal growth. The various sectors in which a person can work and specialize in are Banks, Public sector enterprises, Industrial houses, Business houses, Financial organizations, Export companies, Marketing organizations, Multinational companies etc. How to Enter
Business management is today one of the most sought-after hi3s. For aspirants in the employment market, this has opened limitless opportunity in diverse spheres with the promise of rewards in the form of good remuneration, status and scope for professional and personal growth. The various sectors in which a person can work and specialize in are Banks, Public sector enterprises, Industrial houses, Business houses, Financial organizations, Export companies, Marketing organizations, Multinational companies etc. After 10+2 a student can do an under graduate programmed in Management.
(Bachelor of Business Studies)10+2
(Bachelor of Business Administration) 10+2
(Bachelor of Business Management) 10+2
(Bachelor of Management Studies) 10+2
Major Entrance Exams: 1. Delhi University (Faculty of Applied Social Sciences and Humanities)
Colleges offering Bachelor of Business Studies (BBS)
1. Shaheed Sukhdev College of Business Studies, Vivek Vihar, Delhi
2. Deen Dayal Uphadaya College, Karampura, Delhi
3. Keshav Mahavidyala, Pitampura, New Delhi Colleges offering Bachelor of Business Studies (BBS)
1 Shaheed Sukhdev College of Business Studies, vivek vihar Colleges offering B.A. (Honours) Business Economic (BBE)
1. Shaheed Sukhdev College of Business Studies
2. Bhim Rao Ambedkar College, Vivek Vihar
3. College of Vocational Studies, Sheikh Sarai, Phase-II
4. Gargi College, Siri Fort Road
5. Lakshmibai College, Ashok Vihar, Phase III
6. MaharajaAgrasen College, Mayur Vihar
7. Ram Lal Anand College (Evening), Dhaula Kuan
8. Shivaji College, Raja Garden
9. Sri Guru Gobind Singh College of Commerce, Pitampura
10. Sri Guru Nanak Dev Khalsa College, Dev Nagar, Karol Bagh
11. Sri Guru Tegh Bahadur Khalsa College, Mall Road, University Enclave Eligibility:
The candidate should secure an aggregate of at least 60% marks in his/her XII class examination (55%for SC, ST, CW and PH categories) in best of four papers including English and Mathematics. The other two papersare to be selected from the following list: Accountancy, Biology, Biotechnology, Business Studies, Chemistry, Commerce, Computer Science, Economics, Entrepreneurship, Geography, History, Philosophy, Physics, Political Science, Psychology and Sociology Age limit 17years before October. Selection Procedure: I. Written Joint Entrance Test
Candidates are called for an objective type multiple choice tests, which shall be held at Delhi, Chandigarh, Kolkata and Lucknow.
The written examination is designed to test the aptitude of the candidates in the following areas:
(i) Quantitative Ability
(ii) Reasoning and Analytical Ability
(iii) General English
(iv) Business and General Awareness II. Group discussion and Interview for BBS/BFIA programs
Based on the performance in the written test candidates for each program i.e. BBS and BFIA shall be called for group discussion and interview. III. Final selection for all the courses
Final Selection will be made for all categories on the following basis:
B.A.(Hons.) Business Economics
2. Guru Gobind Singh Indraprastha University
GGSIPU Kashmere Gate, Delhi-1 10403
The University conducts a Common Entrance Test (CET) for admission to 3-year BBA/BBA (CAM)/ BBA(B&1)/BBA (T&TM). Eligibility: Pass in 12 class of 10+2 of CBSE or equivalent with a minimum of 50% marks in aggregate and must also have passed English (core/elective/ functional). Age limit 21 years Selection Procedure:
CET consists of
(i)English Language & Comprehension: 25%
(ii)General Awareness: 25%
(iii)Logical & Analytical Ability: 25%
(iv)Aptitude relating to the field of Management and Communication Skills: 25% 3. Jamia Millia Islamia
(Faculty of Social Sciences, Department of Commerce & Business Studies) Jamia Nagar, New Delhi- 1 10025
Website: www.jmi.nic.in Course Offered
(i) 3-year Bachelor of Business Studies (BBS) /> (ii) 3-years Bachelor of International Business and Finance (BIBF) Eligibility for both courses: 10+2 qualification with 50% marks in the aggregate or its equivalent in any discipline (45% marks in the case of SC, ST candidates.) Selection Procedure
(i) Admission test & interview will be conducted on the pattern of admission procedure adopted by the University for All other Undergraduate Courses. br /> (ii) Merit list of candidates shall be prepared on the basis of marks obtained in written test and interview.Weightage to admission test & interview shall be: Admission test 85%; Interview 15%.
4. Symbiosis Centre for Management Studies Undergraduate (SCMSUG)
Survey No. 23 1, Viman Nagar, Patna -411014
Symbiosis International University
Plot No.47-48, Block-A, Sector: 62, Noida-201301
Course: BBA (3 Years) Eligibility: XII pass from any branch with minimum 50% marks for general category and 45% for students of SC and ST category. Selection Procedure: Written test (SET) followed by group discussion and interview. SET Structure Durations: SET Duration is 150 minutes SET is an objective test.
Number or Questions
Analytical & Logica
5. All India Management Association Centre for Management Services
Management House, 14 Institutional Area, Lodhi Road, New Delhi- 1 10003
Conducts under Graduate Aptitude Test (UGAT) for admission to BBA, BHM etc. Eligibility: The minimum qualification is 10+2 or equivalent from a recognized board. Duration of the Test is 2 hours. UGAT Test Structure is as under: English Language 40
Numerical and Data Analysis 30
Reasoning and Intelligence 30
General Knowledge 30
List of some Institutions
Biyani Institute of Science & Management For Girls
Event management is a process of organizing a professional and focused event, for a particular target audience. It involves visualizing concepts, planning, budgeting, organizing and executing events such as fashion shows, musical concerts, corporate seminars, conferences, exhibitions, wedding celebrations, theme parties, birthdays, product launches etc. it can be divided into two segments, personal and corporate. Functions like birthday parties and weddings are considered personal events while launching a product or a company conference, seminars, workshops, awards functions come under corporate event.
Event management is a multimillion dollar industry which is growing at the rate of 150% per annum with event shorted almost daily.Organizing a perfectly synchronized, well planned, well conducted and memorable event the supervision and services of well trained and experienced event professionals. Therefore event management companies are always on a look out for professionals who can handle such events with expertise and flair.Nature of work
The execution of the event is a process of projecting a small idea in a whole new way. The presentation is what to make the look and feel of the event a wonderful experience for all.
To make an event successful, one needs to have an in-depth understanding of the product or brand for which the being organized, and then plan accordingly. It also involves meticulous planning and close monitoring of the for the entire requirements of the event. There is a lot of logistics involved in managing the event. It boils down to me management and co-ordination of services and supplies. During event planning, one needs to consider all the technical details like – seeking permissions from various government authorities, projection of lights, sound effects And other special effects to make the event a spectacle. The design value is a major palming consideration as well, includes a logo creation for the event, customizing the decor, furniture and the entire surroundings in such a way that it blends with the basic theme of the event. Personal Attributes This is a profession which demands perfection, challenge of meeting deadlines within a stipulated time and budget and the patience to pay attention to every small detail of things that goes into the organizing. It keeps a person on his Toes, and ultimately provides a great deal of satisfaction and emotional contentment of having organized a successful which is appreciated by the audience. Of course, one also needs to be prepared to handle any mishaps that may at the last minute despite perfect co-ordination and arrangements.
An event manager requires considerable leadership qualities, public relationship skills, marketing and business acumen, budgeting skills, risk management skills, and an uncanny awareness about the media and its allied fields. He/She should be dynamic, hard working, creative, confident and persuasive. The person has to be a good organizer, communicator and a person willing to work hard. He/ She should be resourceful and able to cultivate people as because they are very necessary in this profession. Employment Opportunities
In today’s scenario where every event is magnified, there has opened a plethora of opportunities for event managers. The event could be of any type – like fashion shows, musical concerts, corporate seminars, exhibitions, wedding parties, live performances, product launches etc. This industry is fairly new in India, but holds a lot of promise for expansion. It offers enormous scope for ambitious young people.
Some of the sectors where an event manager can work are Conferences and conventions, Trade shows, Corporate meetings, workshops, seminars, parties, Charity fundraisers, Gala openings, Festivals, Tourism, Fashion Industry.
Films and serial production houses,Hotel and industry.How to Enter
After 10+2 with any stream a student can do an Undergraduate programme in Event Management.
Advanced Diploma in Event Management
Under grduate Diploma in Event Management
Graduate Certificate Course in Event Management
List of some Institutions
Amity Institute of Event Management
Ritnand Balved Education Foundation (RBEF), AKC House 2 E-27-Defence Colony, New Delhi -1 10024
Retailing refers to all such activities involved in the marketing of goods and services directly to the consumer’s fortheir personal, family or household use. Retailing involves a direct interface with the customer and the coordination of business activities from end to end i.e., retail is all about distribution ofthe product from the manufacturer to the consumers through convenient channels. Retail industry is one of the dynamic and vibrant industries in the world contributing to the robust economic development of our country. Rapid urbanization and sprawling shopping centres, multi-storeyed malls and huge complexes retailing has grown into one of the largest sectors inthe global economy, and a booming industry in the present century. A large young working population with median age of 24 years, nuclear families in urban areas, along with increasing working-women population and emerging opportunities in the services sector are the key growth drivers of the organized retail sector. As a hi3, retail management is a dynamic field that offers ample employed opportunities for talented youth. Even though related With selling, not all the job opportunities in this field is in the stores/outlets. In this hi3, one can get opening in sales and marketing, operation, concept and design, buying and merchandising and also in administration. NATURE OF WORK Retail Store Manager: The retail store manager is an individual who oversees the daily operations of a retail establishment. He is responsible for overseeing the daily work of employees and ensuring that customers have a pleasant shopping experience. Retail managers are responsible for running stores or departments to meet company’s targets and policies. His aim is to maximize profit whilst minimizing costs. Retail managers ensure that promotional activities are accurate and merchandised to the company’s standards, staff is fully versed on the targets and excellent customer care standards are met. Regional Retail Sales Manager: A Regional retail sales manager is someone in charge of selling products or merchandise in a particular region of a company. Regional retail store managers interview, hire and train employees, as well as oversee managers of each store in their area. They also make certain that store shelves are well stocked, books are balanced and each store is meeting its sales goals. Buyers and Merchandiser: – Buyers source new merchandise and review existing ones to ensure products remain competitive. By fully understanding customer needs, they are able to maximize profits and provide a commercially viable range of merchandise at competitive prices. Keeping up to date with market trends and reacting to changes in demand are key elements of the role. Visual Merchandiser:- A visual merchandiser gives recognition or face value to the brand through effective display to increase store traffic and sales volume. It is a challenging profession with a mix of artistic skills, creativity and technical know how to set up a display that utilizes the whole space of the store. Warehouse Manager:- Warehouse Manager oversees and coordinates the storage and distribution of the products within the company and supervises the activities of employees engaged in shipping storing and testing products.Personal Attributes The retail sector needs dynamic, creative, educated and skilled people. Retail is an extremely dynamic business and one must move very fast. A good retailer is always a few steps ahead of the others. The skill sets that are required in each functional area are different from the other. For instance, you need an aptitude for figures for merchandising and Inventory management, a strong knowledge of product categories in buying and people skills in customer care.
For the management positions-strong customer orientation and people management skills are essential. You also need to have a genuine willingness to serve and to be of assistance. A pleasing and outgoing personality; good analytical skills patience and a team player spirit are some of the integral qualities of a retailer. A flair for communication and a burning zeal to shell with aggression and a positive attitude is a must to be able to enjoy the job and be successful at it.Employment Opportunities
India is one of the top ten emerging retail markets all over the globe. There are approximately 4.3 million retail outlets spread over the nation, which require about about 3.25 million retail personnel at present. With such a huge potential retail management offers limitless job opportunities in supply chains, exporting houses and departmental stores. Manufactures companies recruit retail mangers to reach out to the customers directly. Banking, finance and insurance companies need professional retail managers to bring their productrs directly to the customer. IT and IT enabled service companies particularly in the field of telecommunication require large numbers of retail managers considering the recent boom in this sector. Beside these, education and health care industry also absorb a large number of retail managers.
The Mobile phone Retail Industry, Fast Moving Conusmer Goods Industry, Food Industry and Textile Industries are the most promising and growing markets in modern India. In this hi3, one can get openings as Storage Managers, Customer Care Executive, Merchandise Officers, Public Relations Executives, Store Managers, Invetory Monitors Officers Marketing and Sales Executives. Also, online retaling is gaining momentium in India as many products are on sale through online transactions. Companies like McDomald’s, Pizza Hut, Domminos, Levis, Nike, Addidas, Sharp,Kodak, and Sony, Reliance , Titan , Raymonds , Westside ,Barista Bata, Crossword are among the many companies that are always on the looking for bright and enthusiastic retail personnel. How To Enter
After 10+2 with any stream a student cand od an Undergraduate program in Retail Management
Bachelor of Arts fashion Retail Management
BBA in Retail Service
B.A.(Hons) in Retail Mnangement with Marketing
Advance Diploma in Retial
Advanced Diploma in Retail Management
Diploma in Retail Management
Certificate Course in Retail
List of some Institutions
College of Vocational Studies
Triveni (Sheikh sarai) –iim New-Delhi-110017
Indian Retail School ,Delhi
A-21/12 Naraina Inds Area ND-28
International Instt of Retail Management Delhi
H-12 ,South Ext, New Delhi-110049
Pearl Acadmey of Fashion
A-21/13, Narain Inds are
South Delhi Polytechnic of Woman
Lajpat Nagar-IV New Delhi
Yajnas Acadmy of Retail Management
Flat 407, 4th floor Barton Center MG. Road Banglore
Instt for International Management and Tech
336-Udhyog Vihar Phase-IV gurgaon Hryana
Global Retail School
SCO 68-69 Sect 8/C Madhya marg, Chandigarh
Ansal instt. Of Tech
Sector 55 Gurgaon Haryana
Alt Training College
Kaikkondanahalli, sarjapur Road Nr Bellandur gate, Carmelram Post, Banglore