Career Options After BMS in 2024: Academic & Job Scope

Career Options after BMS could branch out in an academic direction, where degree holders can pursue courses such as MBA, PGDM, MMS, M.Com and more. Additionally, Bachelor of Management Studies pass-outs can apply for jobs as data scientists, consultants, financial executives, etc. BMS is a field that opens up several opportunities after completion, which are beneficial academically and professionally.

Career Options After BMS 2024: Academic Scope

As management is a science, students can improve their knowledge further in the field by exploring academic career options after BMS. Therefore, some sought-after courses after BMS are, 

• Master of Business Administration (MBA)
• Masters of Management Administration/ Masters in Management
• Post Graduate Diploma in Management (PGDM)
• Masters of Computer Application
• Chartered Accountancy
• ACCA

Master of Business Administration (MBA)

MBA is the most popular career option after BMS, as it is comprehensive training on both practical and theoretical management aspects. MBA specialisations will equip candidates with in-depth knowledge of their choice of field, like Human Resources, Marketing, Finance etc. Aspirants can take up full-time, part-time, distance, online, executive or the 5-year integrated programme. However, to take up MBA, students must clear relevant entrance exams to apply for admission to top management institutes.

• Eligibility Criteria: Applicants must secure 50% marks in UG levels, meet entrance exam cutoff, relevant work experience.
• Course Duration: Two years.
• Course Fee: INR 20,000 to INR 40,00,000
• Top Colleges: IIMs, IMT Ghaziabad, NMIMS and more.

Also Read: BBA Vs BMS - Which is Better?

Masters of Management Administration/ Masters in Management 

Other academic career options after BMS include postgraduate courses such as MMA and MMS. The course is a 2-year study on Management, Business, Marketing, Finance, Entrepreneurship, Consulting and more. Here too, applicants can take up specialisations. After completing the course, students will be equipped with a vast knowledge of the marketplace and its variables. Importantly, unlike MBA, MMS does not require prior work experience to apply and is open to fresh graduates. 

• Eligibility Criteria: Candidate who has graduated from a recognised University with 50% marks.
  Course Duration: 1 to 2 years.
• Course Fee: INR 50,000 to INR 10,00,000
• Top Colleges: IIMs, SP Jain Institute of Management, UPES, etc.

Also Read: NIRF Management Ranking: Top Management Colleges List

Post Graduate Diploma in Management (PGDM)

PGDM a two-year business diploma programme, also falls under academic career options after BMS. Students from BMS backgrounds can apply for PGDM after clearing entrances such as MAT, CAT, and XAT. The interdisciplinary course provides practical and industry knowledge adding all relevant skill sets to a candidate for a great future in management. Options for pursuing PGDM are available online, offline, full-time and part-time. It can be pursued with or without job experience and is an excellent option as an intermediary course.

• Eligibility Criteria: Candidate who has graduated from a recognised University with 45% to 50% marks can apply after clearing the entrance exam.
• Course Duration: 2 years.
• Course Fee: INR 4,00,000 to INR 24,00,000
• Top Colleges: XLRI, IIM Kolkata, IMT Ghaziabad, IIM Ahmedabad.

Also Read: MBA vs PGDM: Eligibility, Admission, Top Colleges, Job Scope

Master of Computer Application (MCA)

BMS graduates who wish to branch out into a field other than management can take up Masters of Computer Application (MCA). It is a three-year course on the industrial study of data and science. Candidates looking for career options after BMS and wishing to join the IT industry can take up MCA. MCA students learn about operating systems, web technology, digital technology, computer languages, system administration, etc. Students with 50% to 60% marks in their BMS mark sheets can apply for MCA.

• Eligibility Criteria: Candidates must have Mathematics as a subject in UG level with 50% marks at least.
• Course Duration: 3 years.
• Course Fee: INR 40,000 to INR 2,00,000
• Top Colleges: NITs, Chandigarh University, VIT, Amity University.

Also Read: Why MCA? Top 10 Benefits of MCA

Chartered Accountancy

BMS graduates can take up CA courses to upskill during or after their degrees are completed. It is a 5-year course for candidates seeking to join companies as Chartered Accountants. Students will become experts in accounting and taxation through this course. They will also learn about Auditing, Business Laws, Strategic Management, etc. Candidates must qualify for all three levels to acquire the CA certification. Students often ask after BMS which course is best. CA is one of the best courses after BMS graduation. 

• Eligibility Criteria: 10+2 with 50% marks from a recognized school with Commerce.
• Course Duration: 4 to 5 years.
• Course Fee: Up to INR 2.5 Lac
• Top Colleges: Institute of Chartered Accountants of India (ICAI), Indian Institute of Finance and Accounts etc.

Also Read: Online MBA vs Regular MBA: Which is Better in 2024?

ACCA

The ACCA certification is another upskilling route under career options after BMS. It aims at candidates who are willing to become finance professionals. It requires candidates to have a minimum work experience of three years. The Association of Chartered Certified Accountants is a global accounting body and the conducting body behind the certification exam. Students learn Financial Accounting, Financial Management, Advanced Taxation and more through ACCA, which is good career options for BMS graduates.

• Eligibility Criteria: 10+2 with 50% marks from a recognised school. At Least 65% in Accounts and Mathematics and 50% in other three subjects.
• Course Duration: 3 years.
• Course Fee: INR 25000 to 2.5 LPA
• Top Colleges: Amity University, Bangalore Central University, Ethiraj College etc.

Also Read: ACCA vs MBA - Which is Better?

Career Options After BMS: Jobs

Students looking to join a job as career options after BMS can take up various roles in management, business, finance, data, sales etc. These roles are available in different company departments and can be applied after graduation and completion of further academic courses. 

Some job opportunities after BMS are mentioned below.

• Financial Associate
• Human Resources Executive
• Business Consultant
• Marketing Specialist
• Data Scientist

Financial Associate

Financial Associate or Executive is a promising job in terms of career options after BMS. As financial associates, the candidates have to work with the accounts team and file taxes, check transaction-related files and work alongside cost-related aspects of an organisation.

• Placement - State Bank of India, Goldman Sachs, JP Morgan Chase & Co, Barclays etc.
• Salary Range - INR 3.5 Lac and above.

Human Resources Executive

Joining a company as a human resources executive serves well regarding career options after BMS. In BMS, students are taught management, and HR involves workforce management at the workplace. BMS students can join the HR department concerning salary disbursement, budgeting etc. All leading companies have HR teams where BMS graduates can apply for a suitable post.

• Placement - Ernst and Young, IBM, TCS, Reliance Industries, Amazon, Meta.
• Salary Range - INR 3,00,000 and above.

Business Consultant

As Business consultants, BMS graduates will lead projects, strategise for new business ventures, advise for optimum results, and analyse and provide expert opinions. The main aim of a Business consultant is to provide strategies and improve the company's and its clients' performance.

• Placement - Accenture, PwC, E&Y, Deloitte, Bain & Company.
• Salary Range - INR 8,00,000 above

Marketing Specialist

A Marketing Specialist is also a good role for candidates seeking career options after a BMS degree. As a marketing executive or specialist, the candidate has to create campaigns, study the audience, check pricing strategies, develop brand awareness through multiple channels and develop insights to increase sales. 

• Placement - P&G, Unilever, Google, LinkedIn, etc.
• Salary Range - INR 3,00,000 and above.

Data Scientist

A job role which is often misunderstood and less opted for is the role of a Data Scientist. A BMS graduate must have the right skills and knowledge to apply for the post. It involves an expert analysing a company's data to explain certain happenings and work on them for the company to make better decisions. Importantly, candidates need to understand data and know how to work with complex numbers.

• Placement - Citi Bank, IBM, MuSigma, Flipkart, Google, etc.
• Salary Range - INR 10,00,000 and above.

Also Read: BMS College of Engineering Seat Matrix: Aided & Unaided Seats