Advanced Diploma in Business Management is a one-year short-term programme that seeks to provide learners with an understanding of the fundamental concepts of Business Management.
Furthermore, students are exposed to a variety of disciplines within Business and Management and are trained with the necessary skills to effectively apply the concepts in real life. A Diploma or an applicable Bachelor's degree is the minimum requirement to apply for the course.
- Advanced Diploma in Business Management: Quick Facts
- All About Advanced Diploma in Business Management
2.1 Why Study Advanced Diploma in Business Management
3.1 Eligibility
3.2 Admission 2023
- Advanced Diploma in Business Management Distance Education
- Top Advanced Diploma in Business Management Colleges in India
- Advanced Diploma in Business Management Colleges Abroad
- Advanced Diploma in Business Management Scope
- Advanced Diploma in Business Management Salary and Jobs
9.1 Top Recruiters
9.2 Job profile
Advanced Diploma in Business Management Quick Facts
| Course | Advanced Diploma in Business Management |
| Duration | One Year |
| Examination Type | Semester based |
| Mode | Full time/Distance Learning |
| Eligibility | Candidates who have cleared their 10+2 with three years diploma degree in any relevant area with a minimum of 50 percentage of marks. |
| Admission Process | Merit-Based |
| Average Fees | INR 14000 to INR 15,00,000 |
| Average Salary | INR 6 lacs to INR 9,00,000 |
| Top Colleges | Indian School of Business Management and Administration, Kochi; Symbiosis International University, Noida; WLCI College, Mumbai, |
| Top Recruiting Companies | Wipro, Infotech, BPL, Bajaj Auto, ICICI Prudential, ICICI, Andhra Bank, 3i Infotech, ADP, Bosch Ltd, Syntel, Intergraph, and others |
| Job Role | Production Manager, Entrepreneurs, Finance Manager, Marketing Manager, Business Analyst, Operations Manager, and others |
All About Advanced Diploma in Business Management
The Advanced Diploma in Business Management is a comprehensive study of Business and Management in which students can enhance their entrepreneurial and managerial skills while getting more comprehensive knowledge about the subjects studied during the course.
- Students are exposed to corporate ethics, their impact on society, and how they can use their skills to help their community thrive and serve through the course.
- The course aims to provide students with the chance to gain a strong foundation in company management as well as crucial entrepreneurship expertise.
- Students are moulded in various aspects throughout the Advanced Diploma in Business Management course which enables them to learn the skills if they ever want to set up their own business and gives them the ability to grow sustainable and innovative businesses that can have a positive impact on their communities, lives, and the general public.
-
Apart from theory examinations, this course prepares the students to gain practical experience through case studies, classroom exercises, presentations, group projects, and group discussions which further enhances their knowledge.
Read More: Management Development Programme
Why Study Advanced Diploma in Business Management?
- Advanced Diploma in Business Management enables the students to understand the role of management and leadership which is important for the success of the organisation.
- It helps you to assess problems and offer viable solutions to them. Since you thoroughly study economics and data analysis in the course, it helps you to apply the concepts to make better decisions.
- By studying this course, it will help you to employ integrated knowledge to solve complex problems in an organisation.
- It will help you to promote and grow the business since you will be studying marketing practices and principles during the course.
- It also helps you to develop interpersonal and intrapersonal skills relevant to a lot of managerial positions in the organisation which also helps you to develop your communication and presentation skills.
Advanced Diploma in Business Management Admission Process
The admission process in Advanced Diploma in Business Management is merit-based but some colleges have their own entrance tests. So, it is advised to always have a look at their websites to check the dates and syllabus. You need to score more than 50% in graduation to be eligible for admission.
Eligibility
The minimum eligibility criteria for admission to Advanced Diploma in Business Management is as follows:
- Candidates who have passed their 12th grade with a three-year diploma in any relevant discipline and have a minimum aggregate of 50% are eligible for admission.
- Candidates who have passed the Advanced Certificate Course in Business Management are also eligible to apply for the course,
- Candidates who have work experience of three years have an upper hand during the admission process.
Admission 2023
The merit obtained in the qualifying examination is used to determine admission to the Advanced Diploma in Business Management programme. Passing class 12th with 3 years of Diploma degree in any relevant area with a minimum of 50 per cent marks from a recognised university, as well as a minimum of three years of work experience, is considered desirable for the course. However, eligibility requirements vary amongst different colleges.
Advanced Diploma in Business Management Syllabus
The syllabus of the Advanced Diploma in Business Management in the majority of the colleges is almost the same with a slight variation. There is a number of subjects related to business along with Project work. The syllabus of an Advanced Diploma in Business Management is divided into semesters for a full-time course as follows:
| Semesters | Syllabus |
|---|---|
| Semester 1 | Principles of Management |
| Financial Accounting | |
| Human Resource Management | |
| Marketing Management | |
| Managerial Economics | |
| Organizational Behavior | |
| Semester 2 | Strategic Management |
| Cost Accounting | |
| Innovation Management | |
| Elements of Communication and Networking Skills | |
| Legal Aspects of Business | |
| Project Work | |
| Semester 3 | Marketing Research |
| Financial Management II | |
| Human Resource Management II | |
| Functional Administration | |
| Entrepreneurship | |
| Semester 4 | Investment Management: II |
| Internet Marketing | |
| Customer-Centric Organisation | |
| Introduction to E: Tailing | |
| Project Work |
Advanced Diploma in Business Management Subjects and Pedagogy
Advanced Diploma in Business Management offers a variety of Pedagogy subjects which are common across various colleges like:
- Marketing Management: Marketing Management is one of the most important subjects where students are taught to plan and execute the concept of the ideas, goods, and services along with the ideas, pricing and promotion that satisfies individual’s as well as the organisation’s goals.
- Human Resource Management: Human Resource Management is another subject where students are taught how to concentrate on certain systems and policies, recruiting, development and training of employees, managing employee relations and also balancing the policies of the organisation.
- Strategic Management: The Strategic Management subject enables you to stay up to date on the latest business strategies as well as new tools for strategic planning models. While you study this course, it enables you to enhance leadership skills during the process. It helps you to gain new skills and perspectives.
- Organizational Behaviour: Organisational Behaviour is the study of how people interact with groups while the principles are applied so that the organisation functions in an effective manner. The study of organizational behaviour is a foundation of corporate human resources and covers areas of research dedicated to enhancing job performance, increasing job satisfaction, supporting innovation, and encouraging leadership.
Advanced Diploma in Business Management Distance Education
While doing a full-time Advanced Diploma in Business Management may sound-wise, but there are plenty of individuals who can’t take time out of their busy schedules. There are some individuals who already have some work experience and just want to study the course to enhance their knowledge, so it is wise to pursue an Advanced Diploma in Business Management through a distance course.
Admission:
Some colleges that offer Advanced Diploma in Business Management through distance courses still have admissions open. You can complete the whole course in three months which means that you won’t have to wait for one or two years in a college for the completion of the diploma.
Eligibility:
Individuals who have completed 10+2 and graduated in any discipline with a minimum of 50% are eligible to apply for an Advanced Diploma in Business Management. Those who have work experience can also apply for the same.
Colleges:
There are many colleges that offer an Advanced Diploma in Business Management through distance learning. You can choose from the below mentioned colleges:
| Name of the College | Fees Per Annum |
|---|---|
| Indian School of Business Management and Administration, Delhi | INR 14,900 |
| Symbiosis Centre for Management Studies, Pune | INR 60000 |
| Indian Institute of Management and Commerce | INR 20500 |
| Indian Institute of Business Management and Studies, Mumbai | INR 25800 |
Advanced Diploma in Business Management Colleges in India
| Name of the College | Fees Per Annum |
|---|---|
| Indian School of Business Management and Administration, Kochi | INR 14900 |
| Indian School of Business Management and Administration, Ahmedabad | INR 14900 |
| Xavier’s Institute of Business Management Studies, Bangalore | INR 13900 |
| Indian School of Management and Studies, Mumbai | INR 22900 |
| Kaizen School of Business Management, Mumbai | INR 15900 |
| WLCI College, Mumbai | INR 435000 |
| Indian School of Business Management and Administration, Jaipur | INR 14900 |
| Indian School of Business Management and Administration, Bangalore | INR 14900 |
| Indian School of Business Management and Administration, Chennai | INR 14900 |
| Indian School of Business Management and Administration, Hyderabad | INR 14900 |
| Indian School of Business Management and Administration, Gwalior | INR 14900 |
Advanced Diploma in Business Management Colleges Comparison
| Parameter | ISBMA, Kochi | XIBMS, Bangalore | ISMS, Mumbai |
|---|---|---|---|
| Fees | INR 14900 | INR 13900 | INR 22900 |
| Mode | Full time | Part-Time/Full Time | Full Time |
| Duration | One year | Fast Track: 3 months Full time: One Year | One year |
| Companies Visiting | Tata Motors, Deloitte, Ceat, ICICI Bank | Infosys, Bajaj Auto | Bank of America, Infosys, Cisco |
| Average Placement | INR 2.5 lacs | INR 3 lacs | INR 5 lacs |
Advanced Diploma in Business Management Top Colleges Abroad
There are plenty of colleges abroad that offer an Advanced Diploma in Management Studies with attractive job opportunities, salary packages and great exposure. Some of the institutes are tabulated below:
| Name of the College | Tuition Fees Per Annum |
|---|---|
| Conestoga College, Canada | INR 12.2 lacs |
| Georgian College, Canada | INR 11 lacs |
| Della International College, Australia | INR 8 lacs |
| Centennial College, Canada | INR 9.6 lacs |
| Nanyang Institute of Management, Singapore | INR 13.5 lacs |
| Humber College, Canada | INR 8.3 lacs |
| British Columbia Institute of Technology, Canada | INR 7.8 lacs |
Advanced Diploma in Business Management Scope
After completing an Advanced Diploma in Business Management, the students have plenty of options to choose from. They can either work for a few years, gain some experience, and pursue higher studies in the same discipline sometime later.
Also, students who have completed their Advanced Diploma in Business Management can pursue a doctorate degree in Business Management.
An Advanced Diploma in Business Management opens a lot of job opportunities. Some of them are as follows:
- Risk Management Consultant
- Production Manager
- Entrepreneurs
- Finance Manager
- Administrative Officer
- Sales Associate
- Financial Planner
- Marketing Manager
- Business Analyst
-
Operations Manager
Advanced Diploma in Business Management Salary and Jobs
An individual who has completed an Advanced Diploma in Business Management has a plethora of job options to choose from. Since he or she has completed the diploma, the annual salary package will be attractive and the job profile will pave the way for an individual’s growth in future. The average starting salary varies from INR 6,00,000 to INR 9,00,000 per annum.
Top Recruiters
There are many top recruiting companies that offer jobs to students who have completed their Advanced Diploma in Business Management. Some of the top recruiting companies are as follows:
- 3i Infotech
- Andhra Bank
- TCS
- ICICI Prudential
- Wipro
- ICICI
- Bajaj Auto
- BPL
- Infotech
- Syntel
- Intergraph
- Bosch Ltd
-
ADP
Job Profile
Advanced Diploma in Business Management is designed to provide students with important abilities in a short amount of time. As a diploma holder, you have access to an endless number of entry-level management positions. The following are some of the most suitable job profiles:
| Job Profile | Job Description | Salary PA |
|---|---|---|
| Production Manager | A Production Manager's major role is to detect, analyse, and resolve difficulties in areas such as finance, production, and employment. You'll also have to come up with production strategies and decide on product pricing. | INR 11 lacs |
| Entrepreneurs | As an entrepreneur, you have the ability to create products, services, enterprises, and even industries. There are other fields, such as the Internet and IT, media, and engineering, where there are multiple opportunities. | INR 16 lacs |
| Finance Manager | Finance managers examine day-to-day financial activity and advise and guide top management on future financial strategies. Reviewing financial reports, managing accounts, and generating financial predictions are all common responsibilities. | INR 13 lacs |
| Marketing Manager | A marketing manager raises customer awareness by creating and implementing marketing strategies that suit consumer needs while also increasing revenues. Marketing managers work in a wide variety of industries, including advertising, hospitality, healthcare, finance, technology, retail, and education. | INR 6 lacs |
| Business Analyst | This is one of the most sought-after jobs in the field of business administration. Typical responsibilities include designing and upgrading existing corporate plans while keeping industry changes in mind. | INR 7.15 lacs |
| Operations Manager | Operations managers are in charge of supervising, hiring, and training staff, as well as managing quality assurance programmes and strategizing process improvements. Operations managers are in charge of maintaining and improving a company's, agency’s, or organization's efficiency. | INR 7.63 lacs |
Advanced Diploma in Business Management Skills
When you get an Advanced Diploma in Business Management, you develop a lot of skills. Some are as follows:
- Recognize the importance of management and leadership in the success of an organisation.
- Demonstrate an awareness and regard for ethics and accountability.
- Understand the key management theories that are utilised to run businesses.
- Learn about the most important management theories that are used to operate firms.
-
Apply economics and data analysis concepts to the processing of data for decision-making.
Advanced Diploma in Business Management FAQs
Ques: Is work experience necessary to get admission in the colleges that offer Advanced Diploma in Management Studies?
Ans. Some colleges require candidates to have a minimum of three years of work experience while others don’t.
Ques: If I do an Advanced Diploma in Business Management through distance learning, will I get good job opportunities?
Ans. When you do an Advanced Diploma in Business Management through distance learning, you will surely get better job opportunities since your knowledge will be enhanced.
Ques: I have three years of work experience, should I opt for a full-time course or distance learning?
Ans. If you have a work experience of three years, then you should opt for a regular full-time course if can give the time since you will get better job opportunities once you complete the course.
Ques: I am in my final year of graduation; can I still apply for an Advanced Diploma in Business Management?
Ans. Yes, you can still apply for an Advanced Diploma in Business Management, just make sure you have a minimum of 50% upon graduation.
Ques: Which college offers three months Advanced Diploma in Business Management?
Ans. Xavier Institute of Business Management Studies, Bangalore offers a fast track course. They offer the completion of the course in three months while the full-time course is for one year.
Ques: Are there any entrance exams to take admission in Advanced Diploma in Business Management?
Ans: No, admission in Advanced Diploma in Business Management is only merit-based. Some institutes may require you to have work experience.
Ques: Which courses can I do after completing an Advanced Diploma in Business Management?
Ans: After completing an Advanced Diploma in Business Management, you can pursue the following courses:
- M.Com
-
Masters in Business Administration
Ques: What are the areas of employment where I can get a job after completing an Advanced Diploma in Business Management?
Ans: After completing an Advanced Diploma in Business Management, you can get employed in areas like Banking, Educational Institutes, Insurance Companies, Commercial Research Centres and Global Business Services.
Ques: What is the difference between an Advanced Diploma and a Graduate Diploma?
Ans: An Advanced Diploma qualifies you as a highly-skilled worker with specialised knowledge while a Graduate diploma gives you specialised knowledge in one area of study.
Ques: If I have an Advanced Certificate in Business Management, can I still apply for admission to colleges for the Diploma?
Ans: Yes, if you have done a certificate course in Business Management, you can still apply for admission to any college that offers an Advanced Diploma in Business Management.
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