Diploma in Business Management

Duration

1 Year

Average Fees

INR 30,000 - INR 50,000 PA

Kripal Thapa

Updated on Jan 4, 2023 by Kripal Thapa

Kripal Thapa

Updated on Jan 4, 2023 by Kripal Thapa

DBM is a one-year diploma course that deals with management and finance and with skills to analyze business-oriented administration. This course educates the candidates for teaching at elementary and government schools, thus giving the aspirants opportunities to find employment in many international job sectors. They can fulfill the role of a Production Manager, Business Management Researcher, Marketing Manager, Business Management Executive.

Diploma in Business Management [DBM] Course Details

Degree Diploma
Full Form Diploma in Business Management
Duration 1 Year
Age Minimum 21
Minimum Percentage 45 to 55%(in UG)
Average Fees INR 30,000 - INR 50,000 PA
Average Salary INR 2.5LPA [Source: Glassdoor]
Employment Roles Production Manager, Business Management Researcher, Marketing Manager, Business Management Executive, and more

About Diploma in Business Management

According to Wikipedia," Management (or managing) is the administration of an organization, whether it is a business, a non-profit organization, or a government body."

The full form of DBM is Diploma in Business Management. The primary areas of focus for the DBM are Financial Accounting, Business Communication, Principles of Marketing, Project Management, and Human Resources. This program aims to develop proficiency in analyzing the psychological concept of growth and development. For those with the basic skills to cope with these, the DBM course would offer a highly rewarding career. Graduates with a DBM degree are hired in organizations, associations, business houses and ventures, and many more.

Table of Contents

Also Read: List of Diploma Courses after 12th

Eligibility Criteria for DBM

Admission for the DBM Course in India begins with checking the course's eligibility criteria, including a minimum aggregate of 45-50% in their 10+2. This course is open to all ages. For admission, students need to ensure that they give the entrance exams required by the college or university of their choice.

Admission Process for DBM

The DBM admission process begins with the student having a minimum aggregate score of 45% to 50% in 10+2 from any recognized college or institute, along with passing marks on entrance exams conducted by certain colleges, institutes, or a group of institutes. Then, aspirants are called to write a written test, participate in group discussions, and have a personal interview after passing these exams. Though the admission process varies from college to college, below mentioned are the steps that one should go through generally to get admission:

How to Apply?

Students must use the online portal/offline network to get the application form first, and it has to be filled. Once done, the aspirant has to upload/attach the required documents per the guidelines and the specifications mentioned. Apply for a loan if necessary and pay the fee if selected.

Selection Process

The selection is based on the DBM eligibility criteria of the minimum scores in the 10+2 exams. Once that is done, there might be an entrance test in colleges. After passing those with a decent score, the aspirant is selected. The aspirants are notified about the results of the exams through email communication.

Popular Entrance Exams for DBM

Some universities and institutions or even states may conduct their entrance examinations for DBM admissions. Other than that, the admission is completely merit-based or depends on the scores in the graduation exams. Listed below are some of the popular exams that the students can give:

A Quick Glance At the DBM Entrance Exams

The students must qualify for the national or state level DBM entrance exams such as CTET, CER, MSCE, etc. Aspirants can choose B- schools or coaching institutes that prepare students for the entrance exams. The entrance exam gives a glance at the entire course, thus giving an overview of the topic.

  • The aspirant needs to learn time management to be able to attempt all the questions.
  • Time management and aptitude knowledge are required for the generalized section.
  • The exams are held only in English, and thus language proficiency is a must.
  • Study the entire syllabus for the entrance exams, covering each topic and studying in detail about them
  • Skills to prepare for include Quantitative Aptitude, English Comprehension, Analytical Reasoning, and Data Interpretation.

Top 10 DBM Colleges in India

India has a variety of colleges offering a course in DBM. Since it's a form of specialization, it requires a practical and theoretical study which helps them get in-depth knowledge on the course. These are the top 10 colleges in India, according to the updates given in 2021.

DBM Colleges

SI.No.

Name of the College

1

Symbiosis International University, Pune

2

Noida International University

3

ITM Business School

4

WLCI School of Fashion

5

GD Goenka University

6

ISB, Hyderabad

7

LIBA, Chennai

8

MET Mumbai

9

Mahatma Gandhi University

10

Kaizen School of Business Management

Fee Structure for DBM

The DBM course fees may vary based on colleges. A government-based institute charges less than a private institute because of its infrastructure and facilities. The average price of a DBM course in a private institute is about INR 30K to 70K/Annum.

DBM Course Fee

College Name

Fees Per Annum

Symbiosis International University, Pune

INR 2.28L 

Noida International University

INR 1.1L 

Mahatma Gandhi University

INR 15K 

Indian School of Business Management and Administration

INR 30.9K

EMPI Business School

INR 7.4L 

Syllabus and Subjects for DBM

The DBM course is a 1-year program consisting of 2 semesters. It covers topics such as the foundation of an organization or an association, and different user levels, for example, production, financial, administrative, HR, sales and marketing, etc. Depending on the course modules, each college may have its topics and subjects. A few of the subject topics are:

  • Management
  • Sales
  • Marketing

Why Choose DBM?

DBM is a very high demanding course for aspirants trying to work in the management field. It is a course that provides a wide range of opportunities. This program emphasizes the importance of research for developing students' understanding and furthering their learning. It even offers a high job scope abroad because of its proficiency. The course itself is a highlight in one's CV, thus emphasizing its huge job scope.

What is DBM all About?

DBM or Diploma in Business Management is a one-year Diploma course. This course helps students develop analytical and critical thinking skills for producing original insights in scholarly academic writing and discourse. The DBM course list extensively covers topics such as the foundation of an organization or an association, and different user levels.

What Does a DBM Graduate Do?

DBM graduates have various job roles and career-related plus points because of their good knowledge. The aspirant chooses either to work with an educational institution or a consultancy and pursue further education. Some of the options are:

Teaching Profession: Graduates can pursue teaching positions in educational and research institutions to share their knowledge and expertise with younger students. DBM aspirants have a variety of job roles and are hired in the sectors of Universities, Colleges/Institutions, Libraries, Private Coaching Centres, Management committees, or business-oriented fields, and many more.

Reasons Why DBM Can Fetch You a Rewarding Career?

DBM is an accredited diploma program and provides the aspirants with high career opportunities and other benefits. Since administration/management is a very important field, being a pro in it is a plus that one would carry, and in fact, any firm would accept a person with the knowledge.

High Pay: The job offers a good starting salary for freshers and a well of ones for senior or experienced graduates, thus marking it as a good one in the economy.

Exposure: A DBM degree gives a good skill, thus having a good effect as a part of CV and gives a good job scope even abroad, because of the skills.

Opportunities: It gives a wide job scope in various sectors as management proficiency is the most basic requirement. It even has a high job scope abroad.

Preparation Tips for DBM

DBM entrance exams involve both an aptitude and a knowledge testing type of questions. So being well prepared with it would be of use. Since the exams themselves brief the course, it would be of more use to get into an in-depth study. Below are some preparation tips made by experts for aspirants who want to pursue DBM.

Time Management: The aspirant should be capable of answering all the questions in the specified time. Since it involves literature, it would be lengthy.

Reading Newspapers: General knowledge and current affairs questions are often asked in entrance exams and sometimes in personal interviews and group discussion rounds.

Skills: Trying to focus more on NCERT Syllabus and General Knowledge etc., which all include DBM in the questions

Planning: To prepare well in advance, aspirants should practice with sample question papers, mock tests, and quizzes. By analyzing their errors, aspirants can develop a more effective strategy to attempt entrance exams.

Scope For Higher Education

Having a DBM degree opens up a wide range of career options, and it is even possible to study further after completing the course. The most commonly followed path in this aspect is the Doctorate degrees, which students can obtain in different specializations involved in the course module. Depending on your choice of stream, there are many options in the field of management. When higher education and the diploma are put together, it gives the students a high job scope. A few of the courses are:

  • MBA
  • BBA
  • Certification in Finance and accounts
  • Short term course on Marketing
  • Certificate course on Business Administration
  • Certification in Finance and accounts
  • Certification courses on Finance

Salary of a DBM Graduate

The starting salary of a DBM graduate would be around INR 2.5LPA [Source: Glassdoor].  As skills and experience increase, so will the salary increment. The salary varies depending on whether it's a private or a public sector and the firm's popularity. Even the job role of the aspirant is a factor that is noted while the salaries are discussed. For instance, a teacher might get paid more than an assistant at times.

Read More On DBM Salary

Career Options After DBM

After completing a course in DBM, the aspirant can work in the public and private sectors depending on the type of work they prefer or their skills. They even have further specialization by doing a postgraduate degree like a doctorate or further extension by other full-time courses. But even the DBM degree has a high job scope because of the demand and the industrialization and development happening. Some of the best job designations for the graduates after the course of DBM are as follows:

  • Teacher
  • Finance manager
  • Business Analyst
  • Business Management Researcher
  • Marketing Manager
  • Business Management Executive
  • Finance Manager

Skills That Make You The Best after DBM

The DBM course provides a career boost for people seeking jobs in Administration or Management fields. It opens a variety of career opportunities for aspiring teachers and nursery experts at various international agencies. Some of the skills required for the DBM graduates are as follows:

  • Management Skills
  • Risk Management
  • Communication Skills

Other Category Courses

Loading...