Why study business management? Discover the top 7 careers
Are you interested in starting your own business? Or have ambitions to be part of a high-performing team and lead a company to success? Studying a postgraduate degree in business management can set you up with global career skills.
Businesses have to rapidly change and adapt, not only to customer needs but to things like international regulations, currency fluctuations and availability of materials – to name a few. A key benefit of studying business management and learning from exceptional teaching staff at the University of Huddersfield – London, is you’ll not only gain an understanding of the current best practice but be prepared to adapt and succeed in the future business landscape.
What is business management?
Let’s get started by reviewing what business management actually is – it’s quite broad! Business management covers strategising, planning and directing, all with the aim to meet an organisation’s goals. A career in business management includes coordinating the people, resources and operations in an efficient way to ensure the company makes a profit.
Why study business management?
There are many reasons to study business management. It’s a hugely varied function of any organisation, so being fully prepared and having a broad knowledge of the role is key to securing a successful career in business management.
When you study business management you’ll gain:
Skills that are useful across many industries
A business management degree offers transferable skills that are needed in various sectors. You’ll learn communication, problem-solving, critical thinking, project management, analytical and management skills which are essential for success in many sectors. You could end up putting your communications skills to use in roles that involve client relations, like HR and marketing. Or manage complex projects to budget in a technology or construction company. No matter what company you end up working in, whether it’s healthcare or finance, being able to analyse problems and come up with workable solutions is an essential skill.
Leadership and strategic thinking skills
Studying business management helps you to develop hugely valuable skills. Businesses need employees who are not only able to review the information available and make informed business decisions, but who are able to effectively communicate these. Businesses need people who are willing and able to speak up when they have a good idea and influence others to work towards a shared goal. Sharpen your skills in these areas and your career will thrive.
Global career opportunities
Arguably one of the most significant benefits of studying business management is the high demand for business management graduates globally. The skills and knowledge you will gain are universally valued across multinational companies, meaning you could start your career in one country and be able to move abroad to follow opportunities and your ambitions.
An entrepreneurial advantage
The skills that make you employable, also give you a strong foundation to build something of your own. If you want to start your own business, you’re going to need to have a strong understanding of finances and confidence in operations and logistics to keep on top of the practical aspects of running a business. You’ll also need to balance these with a strategic mindset, enabling you to take advantage of favourable market conditions and know when and where to launch and market your product or service.
High earning potential
Given how integral the role is to the success of a business, careers in business management often offer competitive salaries. Entry-level roles such as project coordinator and management trainee can offer above-averaging starting pay while salaries can rise quickly with experience and performance. Some businesses offer performance-based bonuses, commissions and profit-sharing opportunities. It’s important to look out for these when you’re looking at job adverts.
Top 7 careers in business management
- Business Analysts understand the organisation’s goals and make informed decisions to improve performance. In this role, you’ll collaborate with teams across the business, such as IT, marketing, and finance to analyse trends, workflows and systems to understand what could be improved. Then you’ll be responsible for proposing solutions and tracking progress.
- Marketing Managers create and deliver communications to promote what the company offers. In this role, you’ll take time to understand customers’ needs and what competitors are offering, then develop communications to promote awareness of the brand and its products.
- Human Resources Managers oversee the people side of a business. In this role, you’ll support teams across the business to hire and retain top talent. You’ll develop salary and role structures and help to ensure the business is compliant with things like local labour laws and health and safety regulations.
- Financial Managers develop financial plans and budgets for business performance. You’ll analyse reports and trends, identify and mitigate risks and ensure compliance with regulations.
- Operations Managers ensure the efficient and smooth running of organisations. You’ll oversee daily operations, allocate resources and aim to improve processes to help the company meet operational budgets and financial performance targets.
- Entrepreneurs, often known as businesspeople, start their own businesses. You’ll identify opportunities to meet a specific demand, develop ideas and lead teams to make your products or services a reality.
- Management Consultants help companies understand the challenges they face and address these. You’ll conduct research, analyse business operations, present your findings and advise companies on how to improve their processes.
Study business management at the University of Huddersfield - London
The University of Huddersfield - London offers career-focused postgraduate programmes for ambitious international students looking to study business management. Through real-world case studies, you’ll gain a deep understanding of professional management principles and understand how to manage people, strategy, marketing and finances.
Students at the University of Huddersfield – London benefit from a thriving student life in the metropolitan city. With modern, well-equipped buildings, close to the business district of Canary Wharf and the expansive Westfield Stratford Shopping Centre, students have everything they need.
With dedicated career support, business management students are set up to succeed while studying in the global hub of business, commerce and industry. You’ll be able to access job and internship listings via Student Circus's job search portal from more than 1,000 employers who can sponsor international students in the UK.
Hear from Director and Co-Founder of Student Circus, Tripti, who explains how the platform helps students become career-ready and access job opportunities that offer visa sponsorship:
Master’s programmes
The University of Huddersfield - London campus is managed by Study Group in partnership with the University of Huddersfield which has validated all programmes.
International Business MSc
Gain an in-depth understanding of the rapidly changing and dynamic international environment, as well as various international business strategies. This programme will provide the opportunity for you to study a wide range of topics in international business, from both a theoretical and practical perspective.
Management MSc
Enhance your knowledge and critical understanding of concepts and models that can be applied to the analysis of strategic issues facing an organisation. Understand key management areas such as marketing, finance, people management and strategy, applying real-world business case studies to develop your professional and leadership skills.
Management with Entrepreneurship MSc
Develop your entrepreneurial mindset, while looking at core principles of management, emphasising curiosity, creative thinking, future thinking, vision and imagination. You’ll benefit from guidance on launching a new venture or growing your existing one as part of the New Venture Creation final module.
Management with Marketing MSc
Develop knowledge of the role of customer insights and enhanced customer engagement, plus key management areas such as marketing, finance, people management and strategy, applying real-world business case studies to develop your professional and leadership skills.
If you’re interested in studying a Master’s at the University of Huddersfield – London, review the entry requirements, fees and visa information.
FAQs
What is the key purpose of business management?
The key purpose of business management is to ensure the efficient and smooth running of a business. The role helps other senior members of staff to make strategic decisions and lead teams towards business growth.
Is business management a good career in future?
Yes, business management roles are in high demand. Skilled business management graduates are able to help organisations grow and become more efficient.
Why study business management in the UK?
Studying business management in the UK’s capital, London, provides students with the opportunity to network and gain practical work experience in the thriving business hub. With many global companies’ offices located in the thriving financial district, students can experience the bustling business world.