Business and Management

 

 

What courses? Business and management is a massive umbrella term covering a wide range of degrees, including those in: business studies; management studies; business & management; business management; entrepreneurship; enterprise; business IT; international business; human resources; administration. Joint honours combinations are seemingly limitless. Some degrees specialise in the management of particular industries, such as hospitality, leisure and sports.

What do you come out with? Most likely a BA or BSc, depending on university and course title. If studied alongside an engineering subject, you could get a MEng, or a LLB if joint with a law course.

Why do it? "Because it’s about being creative, with real people and real money. Whether you become an entrepreneur who turns an idea into a new product or service, or the CEO of a major company that’s shaping the market, you will be solving problems and showing leadership. If you’ve ever wondered how all that stuff gets into the shops, who designs it, who makes it, who gets it there when customers need it, be it cars, clothes, cabbages or cat-food, this is the degree that will answer those questions." - Janet Smart, director of undergraduate programmes, Saïd Business School, University of Oxford.

Click here to read about what it's like to study Business Administration

What’s it all about? Learning all you need to know to become a manager and surviving in the tough world of business. Depending on the title of your specific degree, you’re likely to touch on economics, accounting and finance, industrial relations, marketing and information systems. Some courses focus specifically on one area of business, such as E-commerce or human resources, while others are broader in their scope. Most universities offer some kind of business studies course now, showing that students are increasingly keen to get ahead of the game and land themselves a decent graduate job.

Study options: Most courses involve three years full-time study, although some last for four years, including those at Abertay, Dundee. Aberdeen and St Andrews also offer four-year MAs that can be studied straight from school. If studying international business, or a joint honours with a language, expect to spend a year abroad. More and more universities are offering business degrees with a sandwich year, in which students complete an industrial placement to put their knowledge into practice. Though assessment and teaching methods vary, you’re likely to be taking exams and submitting coursework in the form of essays and reports, and learning through a combination of lectures, seminars and small group work.

What will I need to do it? Business courses are generally quite flexible when it comes to A-level subjects, with Warwick encouraging a mixture of sciences and arts. If you’re looking at a course with a heavy finance content, then a maths A-level probably wouldn’t go a miss. With nearly every university offering some kind of business or management degree, reputation dictates grade requirements. Oxford’s economics and management BA asks for three As at A-level (including maths), plus the successful completion of a thinking skills assessment test and then you have to make it through an interview. London Metropolitan, on the other hand, only requires three Cs at A-level for its BA in business management.

What are my job prospects? With a myriad of positions being created within the modern business landscape, you would have thought business graduates would always be sought after. However, according to The Times' Good University Guide 2012, despite just under half of graduates walking straight into graduate-level jobs, 11 per cent are unemployed 6 months after graduation. While those specializing in a particular area, such as marketing or finance, are likely to chase jobs in related positions, many former business students go for graduate traineeships at blue-chip companies and begin their climb of the career ladder from there. For those who do land themselves jobs, graduate salaries are good, averaging approximately £21,000. After notching up a few years experience, graduates may decide to return to study to become a master of business administration (MBA) in order to increase their employability further.

Where’s best to do it? Oxford and Cambridge topped the list in the most recent Complete University Guide. Imperial, Warwick, Bath, LSE and Lancaster all rated highly, too. Students at Buckingham, Loughborough and Newport said they were most satisfied with their course.

Related degrees: Accounting and finance; marketing and advertising; economics.

PROMOTED VIDEO
Arts and Entertainment
Kara Tointon and Jeremy Piven star in Mr Selfridge
tvActress Kara Tointon on what to expect from Series 3
Voices
Winston Churchill, then prime minister, outside No 10 in June 1943
voicesA C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
News
i100
Sport
footballBrighton vs Arsenal match report
Arts and Entertainment
Benedict Cumberbatch has spoken about the lack of opportunities for black British actors in the UK
film
News

Day In a Page

Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project
Diana Krall: The jazz singer on being friends with Elton John, outer space and skiing in Dubai

Diana Krall interview

The jazz singer on being friends with Elton John, outer space and skiing in Dubai
Pinstriped for action: A glimpse of what the very rich man will be wearing this winter

Pinstriped for action

A glimpse of what the very rich man will be wearing this winter
Russell T Davies & Ben Cook: 'Our friendship flourished online. You can share some very revelatory moments at four in the morning…'

Russell T Davies & Ben Cook: How we met

'Our friendship flourished online. You can share some very revelatory moments at four in the morning…'
Bill Granger recipes: Our chef serves up his favourite Japanese dishes

Bill Granger's Japanese recipes

Stock up on mirin, soy and miso and you have the makings of everyday Japanese cuisine