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.

Day In a Page

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

How a costume drama became a Sunday night staple
Miliband promises no stamp duty for first-time buyers as he pushes Tories on housing

Miliband promises no stamp duty for first-time buyers

Labour leader pushes Tories on housing
Aviation history is littered with grand failures - from the the Bristol Brabazon to Concorde - but what went wrong with the SuperJumbo?

Aviation history is littered with grand failures

But what went wrong with the SuperJumbo?
Fear of Putin, Islamists and immigration is giving rise to a new generation of Soviet-style 'iron curtains' right across Europe

Fortress Europe?

Fear of Putin, Islamists and immigration is giving rise to a new generation of 'iron curtains'
Never mind what you're wearing, it's what you're reclining on

Never mind what you're wearing

It's what you're reclining on that matters
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence