Business Management: What you need to know and why you should study it

​Those keen on a career in business often look at business administration courses as a means to get into the field. But to those who are curious, knowing what business management entails can seem a little confusing. At The IIE’s Varsity College a range of IIE qualifications offer current and prospective students a chance to fulfil their business management career dreams. It’s why we’re always sharing valuable industry insights that help every aspiring business leader to take the next step forward.

What is business management? 

As a business manager, you’ll head up the administrative tasks of an organisation. Not only is this a huge responsibility, it also might include some involvement in marketing too. In some instances, business managers are also required to conduct budget analyses. For this reason, the skills required to be a success in this position are as diverse as they are important. These include:

An understanding of what it takes to run a business.
A respect for administrative procedures. 
Highly-organised method of working. 
Some accounting and marketing knowledge. 
Strong leadership qualities. 
A way with people.
Impressive problem-solving abilities. 
Critical thinking skills.

In light of the above, the IIE Diploma in Commerce in Business Management at The IIE’s Varsity College is a sure way to increase your chances of success in this field. As far as business administration courses go, not all are created equal. At The IIE’s Varsity College, every qualification comes standard with a New World thinking approach to education. Thanks to stronger problem-solving and critical thinking abilities that are emphasised, students that have studied with us appeal to prospective employers, increasing their chances of landing that dream job. When you’re adequately prepared for the expected and unforseen challenges of your chosen industry, there’s no reason to fear an ever-evolving world. 

The benefits of our New World thinking aside, here are a few more reasons to study business management:

1) Work experience alone isn’t enough 
You might have gotten some experience in this field already but there’s no substitute for a relevant qualification. It’s impossible to know everything in the business sphere, which is why further study is so important. With some impressive industry insights behind you plus the theory that comes with studying a qualification with The IIE’s Varsity College, you can tackle any opportunity you choose.

2) The world of work is changing, your skills need an update too
We’ve already mentioned the ever-evolving world but this has a great impact on our careers and the skills we need to come out on top. Make sure your CV and your skills don’t become outdated, give them the boost they deserve by investing in your future. 

3) See the bigger picture
Your knowledge and understanding will always be determined by your current role or roles you’ve held in the past. This means that you could be unknowingly limiting yourself by not studying further. By gaining fresh insights, you can grow both as a person and a professional. It’ll also help you understand the full spectrum of business operations, something essential for aspiring leaders.  

Invest in your future with The IIE’s Varsity College 

Unless we have the courage to pursue them, dreams will only stay dreams. Discover an IIE Diploma in Commerce in Business Management and what makes it unique when you click here

Varsity College is an educational brand of The Independent Institute of Education (The IIE). South
Africa’s most accredited private higher education provider that’s registered with the Department of Higher
Education and Training and accredited by the British Accreditation Council (BAC).