Bachelor in Business Management is gaining popularity among many students interested in the Management Faculty. This blog will discuss the most authentic facts about Bachelors in Business Management offered by Tribhuvan University (TU) Faculty of Management. Here, we will discuss the Course Bachelor in Business Management in accordance to cost, scope, course, syllabus, and more.
What is Bachelor in Business Management (BBM)?
Bachelor in Business Management (BBM) is a 4-year semester-based course offered by Tribhuvan University Faculty of Management. This course is completed within 8 semesters, students of this course can graduate after passing all 8 semesters. With this Management course’s training, one can become a competent Business manager that can lead, coordinate, and organize various business activities.
This course is designed to provide students with effective team management skills, and practical executing functions of planning, organizing, leading and controlling. Along with this, the students can become critical thinkers handling all possible business scenarios with problem-solving skills and decision-making.
BBM by TU is an industry-based Program designed to provide students with critical and analytical skills for the business world. The program encourages students to demonstrate interpersonal skills, leadership qualities, and entrepreneurship, all these skills are taught and refined in this program. The graduates of the BBM Course under TU are equipped with essential information, competence, and confidence to work in any business environment.
Nepal is currently booming with new businesses and ideas, a business manager or people with expertise in the area of business will help boost the business. The Graduates of the Business Management course can explore a variety of careers in various sectors of business. Experience and additional knowledge will help the students grow quicker and more competent in this area, thus we suggest students keep themselves open to learning as much knowledge they can gain in this area.
Main Objectives
The main objectives of BBM programs are as follows:
- To foster skills in critical analysis, creative thinking, decision making, leadership, communication, and understanding of the workings and dynamics in the area of business.
- To train students with professional work dynamics making them prepared and competent to work as business managers, supervisors, entrepreneurs or so.
- To cultivate entrepreneurship, innovation, and effective management skills for business operations in the ever-changing world of business.
- To provide a sturdy foundation to the students for approaching higher education and initiating a career.
The central aim of BBM program at Tribhuvan University under the Faculty of Management is to produce manpower in the field of business. The field of business is wide and has no limits, the graduates of Business Management will have a wide range of career prospects for them in government, private and international areas.
Students willing to join this course can choose from any Business College affiliated with Tribhuvan University providing BBM course. More than 50+ colleges provide Business Management all over Nepal with affiliation from Tribhuvan University.
BBM Scope in Nepal
BBM Course Under Tribhuvan University is a relatively new course, although a lot of people know about this course these days, students still ponder upon what it holds for them in the future. Graduating with BBM help will help students to pursue career prospects as such:
- Business Consultants
- Business Management Professionals
- Business Researcher
- Finance Managers
- Human Resource Manager
- Information Systems Managers
- Management Accountants
- Marketing Managers
- Production Managers
- Research and Development Managers
The students can get involved in any field they want. As a Business major, this subject does not limit careers in Business areas only, the graduates of Business Management can work in a variety of institutions handling works of Business, Management, Supervision, and so on.
BBM Course Fees Structure
The Fees to enrol and study in the BBM course will vary depending on the institution. Fees of government institutions will be comparatively lower than private institutions. A student studying in a government college/ campus might pay approximately NPR 3.5 lakhs as the total fees for the entire 8 semesters. But the students in the Private institutions might pay NPR 7- 9 lakhs for the entire program depending on the institutions.
Is CMAT (Entrance Exam) Required For BBM?
Yes. For a student to join the BBM program one needs to take a CMAT Exam. Central Management Aptitude Test (CMAT) is a mandatory test for all students who wish to join the BBM course at Tribhuvan University. The entrance test, CMAT is a very competitive test and it is conducted by Tribhuvan University every year.
Admission Eligibility
· Candidates willing to study this course must have completed +2 or equivalent courses from any university, board, or institution recognized by TU.
· Candidates must have a minimum of D+ grade in every subject of Grade 11 and 12. Candidates must have a CGPA of 1.80 or more and attained at least second division in +2 or equivalent programs.
· Candidates must have completed all the required application procedures prescribed by the Faculty.
The eligible candidates are required to appear in the CMAT entrance test conducted by the TU faculty of Management. CMAT is a 100 marks test conducted within 90 minutes, the test will consist of 100 multiple choice questions and will have questions from 4 different sections. They are:
– Verbal ability
– Quantitative ability
– Logical reasoning
– General Awareness
Students must attain a minimum of 40% in the CMAT entrance test in order to qualify for the interview part of the admission.
Merit list
Along with the other qualifications, admission of the students in the Business Management program will be strictly based on the merit list. The merit list is prepared on the basis of:
1. 60% of CMAT entrance exams
2. 30% of marks attained in the +2 studies or equivalent
3. 10% Interview assessment
BBM Syllabus and Subject List
Bachelor in Business Management is an 8 Semester program and it may take about 4 years to complete. Here are the classified subjects and syllabus from all 1st till 8th Semester.
BBM 1st Semester Subject List
For the first semester, there are 5 compulsory subjects in the BBM program. They are:
Here, with Introductory Microeconomics students will develop an understanding of the microeconomic concepts and theories to enhance their skills in analysing business opportunities, markets, and risk. The English I course provided in BBM is general with a strong emphasis on reading and writing. The Principle of Management will impart basic management knowledge, and skills to the students so as to enhance their managerial capabilities and enable them to apply in the practical field. Business Mathematics I will introduce to mathematical techniques with examples of their application to economic and business concepts. Sociology for Business targets to teach basic sociological concepts and methods with an understanding of the sociological perspectives on management and business administration.
BBM 2nd Semester Subject List
For the second semester, there are 5 compulsory subjects in the BBM program. They are:
Financial Accounting targets to impart to students with the basic knowledge and skills of accounting so that they will understand and work out how financial statements are prepared and analyzed in business firms. In Introductory Macroeconomics, students will develop an understanding of the macroeconomic concepts enhancing the student’s skills in analyzing the business environment for decision-making. The English II course aims to combine and further strengthen the English skills gained during the first semester. Business Mathematics II introduces mathematical techniques through examples of their application to economic and business concepts. This Psychology course enables the students to understand basic processes and structures of human behaviour for the management of people in an organizational setting.
BBM 3th Semester Subject List
Similarly in the third semester, there are 5 compulsory subjects in the BBM program. They are:
Computer Based Financial Accounting aims to provide the students with a practical understanding of the computer and data processing system, with a special focus on the use of MS Excel and other accounting software packages for Accounting and information processing. Business Communication enables students to increase confidence and fluency in speaking, improve accuracy to enable clear communication of ideas, develop an understanding of grammar, interact in a multi-cultural environment, work on writing, reading, and listening skills, and focus on student’s personal needs and objectives and develop specific skills in communicative English.
Basic Finance aims to provide students with an understanding of business finance’s fundamental concepts and principles. This course imparts skills for applying those concepts and principles in real business situations. Nepalese Society and Politics provide a general introduction to Nepal, its geography, natural resources, history, society, cultures, economy, politics, and governance of Nepal. Business Statistics introduces the students to statistical tools and techniques that can be applied in business decision-making.
BBM 4th Semester Subject List
In the fourth semester as well, there are 5 compulsory subjects in the BBM programs, they are listed below:
Accounting For Decision Making enables students to an understanding of cost concept and cost behaviour which develops an ability to use cost information for planning and controlling decisions along with concepts of capital budgeting. Financial Management aims to provide the students with an understanding of the fundamental concepts and principles of financial management and impart skills for applying those concepts and principles in real business situations.
Human Resources Management aims to develop students’ understanding of the basic concepts, practices, and approaches of human resource management. Taxation in Nepal enables students with the basic knowledge of general principles, practices, and legal frameworks of income taxation in Nepal. The Business Research Methods course gives an introduction to how to do business research with importance to applied problem solving and report writing. The objective of this course is therefore to provide knowledge and understanding of basic principles of business research methods.
BBM 5th Semester Subject List
After the 4th semester in the fifth semester of this Program, Focus Areas are added so that students can choose what they want to focus on. Subject and topics are added accordingly and all the subjects taught are listed below:
Focus Area
Focus area: Entrepreneurship and Enterprise Development
Focus Area: Insurance and Risk Management
Focus Areas: Sales and Marketing
Fundamental of Marketing targets to build students’ understanding of the marketing process and principles, and teach basic skills to analyse marketing decision situations. Legal Environment of Business introduces legal concepts and reasoning to apply in a business context which is more than studying law as this course will discuss how laws come to be and how they are applied in business. Introduction to Operations Management aims to impart the basic knowledge, tools and techniques of operations management to students. The rest of the course is categorized by Focus Areas I, II, III, and IV. The focus areas will cover subjects based on Banking, Entrepreneurship and Enterprise Development, Insurance and Risk Management, and Sales and Marketing.
BBM 6th Semester Subject List
In the sixth semester, like the fifth, subjects in Focus areas are present along with the core subjects. All the subjects available are listed below:
Focus Area
Focus area: Entrepreneurship and Enterprise Development
Focus Area: Insurance and Risk Management
Focus Areas: Sales and Marketing
Business Environment in Nepal will examine the economic, social, political, and legal boundaries between the business institution (especially the corporation) and the environment. The focus is to enable students to identify, understand and evaluate the environmental forces causing changes in business performance and future strategic options. Introduction to International Business provides an overview of the importance of international business and trade in the global economy, explores the factors and environment that influence success in international markets, and familiarizes students with the basic terms, key concepts, and issues unique to the subject.
Database Management aims to provide strong theoretical and practical knowledge of the database management system. Similar to the 5th Semester, this semester also has Focus Areas and they will focus on sectors such as Banking, Entrepreneurship and Enterprise Development, Insurance and Risk Management, and Sales and Marketing.
BBM 7th Semester Subject List
Similarly in the seventh year along with the core subjects and subjects with focus areas, elective courses are added to the BBM course. They are listed below:
Elective
Focus Area
Focus area: Entrepreneurship and Enterprise Development
Focus Area: Insurance and Risk Management
Focus Areas: Sales and Marketing
Business Ethics and Social Responsibility aim to develop an understanding of the underlying concepts of business ethics and corporate social responsibility, which are relevant to making decisions in the contemporary business environment. E-Commerce enables students with a theoretical background in e-commerce and its applications in business. This semester will also have Focus Areas based on subjects like Banking, Entrepreneurship and Enterprise Development, Insurance and Risk Management, and Sales and Marketing. Adding to this, an Elective Course Event Management is also added, this course provides students with an introduction to the principles and practices associated with planning managing, and staging events.
BBM 8th Semester Subject List
In the eighth year too, students need to take up elective courses, subjects with focus areas, and core subjects. They are:
Focus Area
Elective
Focus area: Entrepreneurship and Enterprise Development
Focus Area: Insurance and Risk Management
Focus Areas: Sales and Marketing
In the Eighth Semester, students will be taught Business Strategy which aims to develop students’ understanding of strategic management by clearly explaining strategy concepts, and analyzing and evaluating them to show how these are applied in the business world. This Semester will still contain Focus areas on Banking, Entrepreneurship and Enterprise Development, Insurance and Risk Management, and Sales and Marketing. And more subjects will be added to the Elective courses. To graduate after the 8th Semester, students must also complete a Project Report Writing or Internship Program.
Salary of BBM Graduates
The Salary of a BBM Graduate may vary as per their position and the organization they choose to work for. A BBM Graduate should find a workplace that matches their interest and their skills. Based on the position they are granted they will get their remuneration for their work. One may earn about Rs.15,000 as a freshman, the average salary could be around Rs. 35,000 and as per their position and experience, the remuneration will get higher.
Is BBM better than BBA?
Although both the courses are quite similar, the aspect that differentiates BBA and BBM is that BBM provides the syllabus with specified Focus Areas. These Focus areas help students to specialize in the area they want to specialize in. However, both the courses are equally competent on their own. All in all, it will be the student’s task to explore both the subjects and figure out their interest and choose the course that best opts for them.
What other Universities Offer BBM Courses?
Except for Tribhuvan University, other International Universities in affiliation with colleges in Nepal provide this course.
Can BBM Students go Abroad?
Absolutely. The program provided by TU for 8 semesters of BBM is widely recognized by colleges and universities all over the world. The graduates of this program can easily apply for further studies at universities. Choosing this subject will not create any restrictions that will deprive you of the opportunity to go abroad.
Conclusion
This blog has discussed all aspects of the Bachelor in Business Management in Nepal. The BBM Course is further elaborated with the introduction, syllabus, cost, eligibility, and more based on the program presented by Tribhuvan University Faculty of Management. If you have any queries regarding this topic, feel free to comment, contact or visit us.
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