With businesses becoming more modernized and complex, getting all the business management degree requirements that are needed to get into a business management school, has become a necessity more than a luxury.
Several businesses require their employees to have at least a Bachelor Of Business Administration(BBA) that allows them to run the business effectively.
The Bureau of Labour Statistics projects business administration jobs to rise by 9% between 2018-2028. This makes it one of the most sought-after jobs.
UCAS shows that 81% of its business management graduates moved into employment; an admirable percentage and reinforcer of our earlier assertion that jobs exist for willing candidates.
Getting ready to ace it in the business world, then getting a business management degree is the right place to start. If you must, then you have to be familiar with the requirements.
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Educational Requirement for a Business Management Degree
Business Management Degree Requirements Entry-level
A person looking to get a degree in business management would have to get a minimum of two A levels. Some of the most popular courses require three A or A/B grades.
Entry requirements differ, it ranges anywhere from a CCC to an AAB combination. However, most universities ask for a BBB combination.
Although, most courses do not have specific A-level subject requirements. You would also need five GCSEs at grade C or above, including maths and English.
For HND and Foundation years, one A level or its equivalent is required.
This applies to the UK only.
The US generally requires new students to have completed high school or GED programs. Each school has its own SAT/ACT requirements.
It is should be noted that to function in some business administration careers, special certifications have to be acquired.
You would also need a statement of purpose to start a bachelor’s degree program.
According to northeastern.edu, a statement of purpose (SOP), sometimes referred to as a personal statement, is a critical piece of a graduate school application that tells admissions committees who you are, what your academic and professional interests are, and how you’ll add value to the graduate program you’re applying to.
A statement of purpose allows the institutions you applied to assess your readiness and interest in the identified course, in this case, a business management degree program.
It is important to note that a personal statement is not an essay about you or your achievements. Rather, a statement of purpose seeks to showcase your background, previous experiences, and strength, as well as how they will be in tandem with your chosen course of study.
Writing a personal statement shouldn’t be an attempt to create an elaborate write-up to impress the admissions committee. Writing a personal statement should be written as sincerely as possible.
A statement of purpose should be between 500-1000 words. Make sure to be articulate and concise when writing a personal statement, as this would help you make a lasting impression.
Business Management Degree Requirements (Masters)
To begin a master’s degree program in business management, an individual would have to demonstrate a satisfactory level of English proficiency to the applied college. A satisfactory level of a country’s lingua franca is shown in non-English speaking countries, for example, France.
Institutions usually require a minimum of two years of work experience before considering a candidate for admission into a master’s program.
A reference is sought. This means a prospective candidate for admission would have to provide one from a former employer, current employer, lecturer, or a reputable member of society.
The official transcript of your Bachelor’s degree will also be required. In most cases, this is sent directly to the applied institution from your previous ones.
Most of the institutions require second-class honors or an equivalent professional certificate or qualifications.Â
Business Management Degree Financial RequirementsÂ
Business Administration Degree Requirements (Bachelor’s Degree)Â
A bachelor’s degree in business management degree would set you back around $135,584 for the four years study period.
This figure isn’t absolute and can rise or fall in certain situations. Also, different schools have different fees for the various courses under the business management degree umbrella.
For example, the University of Liverpool charged a tuition fee of $12,258 for the 2021 academic year, which is slightly lower than the $33,896 of schools in 2021.
Fees for Bachelor’s degrees also vary with country, with the US having some of the highest fees payable for a bachelor’s degree
Master of Business Administration Degree Requirements
A master’s degree program will set you back a sizeable fee of $80,000 for the required two years duration.
It is an expensive venture, and in some cases, universities ask for proof of finances before granting admission to an applicant.
Scholarships can help alleviate some of the financial burden running a master’s program puts on a person, but since everyone can’t get one, sufficient cash should be put away for it.
Tests for English Proficiency
We have already seen earlier that one of the important requirements for a master’s degree in business administration(MBA) in an English-speaking country is a demonstration of sufficient proficiency in the English Language.
This could be shown by sitting for and completing standardized tests provided by bodies such as IELTS and TOEFL.
The score gotten on the tests show the proficiency of a language user.
Most institutions accept those who scored from 6 bands and above for IELTS, while a 90 on IBT or 580 on PBT in a TOEFL test is generally considered a good score.
It should be noted that institutions show a preference for IELTS scores, so it would seem a wiser decision to apply and sit for the IELTS test when trying to get proof of English proficiency.
Not all school requires this proof for a BBA, but almost all do when you apply for an MBA.
Scholarships For Individuals Looking To Get a Business Management Degree
The cost of getting a degree in business management is a bit high.
Initial tuition fees coupled with accommodation fees, feeding, student levies, and miscellaneous fees can quickly make getting one an insurmountable task for people who aren’t financially buoyant.
This is where scholarships. Scholarships could be fully funded or partially funded. But, they all do the same thing; help to alleviate some of the financial burdens on students.
Finding a good scholarship can prove to be a tricky situation in some situations. But, not to worry, below are curated some of the best scholarships on offer for anyone hoping to get a business management degree.
- Orange Knowledge Program, Netherlands(Fully Funded. Masters. Short training)
- International Business Management Master’s Scholarship, UK 2021-22 (Partially funded)
- Global Korea Scholarship – Funded by Korean Government(Fully Funded. Undergraduate. Postgraduate.)
- Clarkson University Merit-based Scholarships USA 2021(Undergraduate. Partial funding up to 75% of tuition)
- New Zealand Aid Programme 2021-2022 Scholarships for international students(Fully Funded. Undergraduate. Postgraduate.)
- Japan Africa Dream Scholarship (JADS) Program AfDB 2021-22(Fully funded. Masters)
- Queen Elizabeth Commonwealth Scholarships 2022/2023(Fully funded. Masters)
- Chinese Government Scholarship Scheme 2022-2023 (Fully Funded. Masters).
- Korean Government Self Finance Support Announced(Fully Funded. Undergraduate)
- Friedrich Ebert Stiftung Scholarships(Fully Funded. Undergraduate. Postgraduate)
It should be noted that when applying for a scholarship, the guidelines set by the awarding committee should be adhered to.
You can check out the best universities to get a business management degree here.
How To Send Your Transcript When Requested By An Institution
At some point during the admission process, a transcript of your previous educational qualifications would be needed.
It might be a transcript of your bachelor’s degree or your secondary education, the main point is that it would be required.
Sending transcripts to schools is a lot of paperwork and with the disparity that exists between the way different countries, there is a need to understand how each operates.
BridgeU provides a detailed breakdown of how the US and UK schools operate and how to submit transcripts to them.
Similarities exist but at the same time, there are unique components involved in their different submission process.
For example, while the UK might not necessarily be interested in the school profile, the US will be.
The UK is more interested in the certification gained as opposed to the US interest in what is involved in education and social build.
Conclusion
A business management degree sits pretty in the second position as the most sought-after degree.
This goes to show that a great number of applicants go for it yearly.
It would require a person to understand the requirements for the degree before applying. This prevents you from making an error when applying.
Knowing the degree requirements will also aid in providing the necessary documents ahead of time.
See you at the next one.