Why Do You Need a Diploma in Business Management?

Business management is arguably one of the most popular fields of study at the tertiary level worldwide, particularly at the graduate level – and it is easy to see why. Business management graduates are in constant high demand as this specific area of study touches on pretty much every aspect of modern human society. Studying business management involves planning, supervising and analysing an organisation’s activities, offering relevant critical skills and knowledge to work for a company of any size, from start-ups to multinational companies.

If you are still wondering whether you should pursue a business management diploma in Singapore, read on to discover plenty of reasons why you should.

1. Develop Key Management Skills

One of the key features of pursuing a business management diploma is the management skills would provide you with the foundation you need to be a valuable asset to any organisation. By building a strong skill set to respond to an array of challenges and current developments in both business and society, you will be able to make well-informed managerial decisions that take ethical, economic, and social implications into great consideration. Some of these management skills include:

  • Critical and strategic thinking
  • Problem-solving
  • Project management
  • Communication
  • Leadership

2. Exciting Career Prospects

Students with a business management diploma will achieve not only strong business know-how, but also highly-desirable transferable skills – two things that are highly valued by employers within the business world. The versatility of this diploma simply means that wherever there is business, there is bound to be a manager. Every commerce sector has managerial roles., no matter how big or small the organisation may be. As you progress through your diploma, you will be able to leverage your skills and enter any of the following sectors to land a job opportunity:

  • Management
  • Finance
  • Consultancy
  • Marketing and advertising
  • Human resource management

Depending on the industry of your choice, the salary offered will vary. For instance, the average salary for a marketing executive is S$36,456 per year, but as a human resource manager, you can expect to earn an average of S$68413 annually.

3. Exposed to Multiple Disciplines 

Since the career options are generally very broad, business and management studies are extremely adaptable. You will start with an overview of the subject, and if you wish to, you can look to narrow your studies according to your interests. Areas of specialisation include:

  • Finance
  • Entrepreneurship
  • Human resource management
  • Service operations

If you have yet to decide on your career path, a business management diploma can prove to be an excellent, safe choice.

4. Exposure to Networking Opportunities

Attending a tertiary institution while actively pursuing a business management diploma offers plenty of opportunities for networking, from like-minded peers to potential employers. This can open up new possibilities for business partnerships and mentors. With your peers, you can bounce ideas off one another, share business insight and experiences, and even extend business offers to each other. If you are making the first steps to establishing a business of your own, you can turn to your professor for guidance as they are more likely to offer friendly expert advice compared to other professionals whom you do not have a close relationship with. 

Pursue a Business Management Diploma at Hanbridge Institute

If you are convinced to embark on a business management course, Hanbridge Institute is here to help! As a private school in Singapore that has achieved a 4-years EduTrust Certificate award in 2020, we take pride in offering quality education for those looking to take the next step in their education career. Our business management diploma is designed to equip you with the skills and knowledge required for tertiary study with a structured learning outcome. Students will study modules in business communications, accounting and statistics, business environments and social responsibilities, and a standard English for Business.

Take your first steps towards business management today! Apply now!

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