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All You Need to Know About Business Management

Before setting foot in the World of Business, one should possess substantial understanding on how business organisations work, as well as the skills and knowledge required for them to proficiently perform their role in the organisation. Higher managerial positions would require individuals to be able to recognise the different dimensions of the organisation, as well as to have the know-hows to mainly plan, manage and lead the organisation. To acquire these skills and knowledge, students can choose to pursue a Higher Diploma or a Degree in Business Management after their post-secondary education.

Why Business Management?



Business Management courses train students on related fields such as human resource management, business strategy and management accounting, all of which are examples of the kinds of expertise which are highly sought-after in today’s business organisations. Business Management courses, such as the Pearson BTEC Level 5 Higher National Diploma in Business offered at DIMENSIONS International College, provide formal business training to impart knowledge in business-related areas and skill sets to manage organisations.
Management can be considered as part of the fundamental backbone of any organisation due to their indispensability, regardless of industry. Investing in the studies of Business Management would not only provide chances for individuals to qualify for a position in the management of any organisation, but also networking opportunities with other business professionals.
As per statistics provided by the Singapore Ministry of Manpower (MOM), the occupational group consisting of managers and executives has the highest level of job vacancies each year.[1] Higher level of job vacancies would mean that executive and managerial roles have higher demands and may provide greater employment opportunities, depending on the level of competition. 

Entrepreneurship



Apart from those hoping to land a job at their dream organisation, there are others whose ambition is to set up their own businesses. Taking Business Management courses like the Pearson Higher Diploma in Business (Business Management) at DIMENSIONS International College can help equip aspiring entrepreneurs with relevant skills and knowledge to prepare them for more successful and stable business ventures. For example, the higher diploma offered at DIMENSIONS International College includes a module called ‘Entrepreneurship and Small Business Management’ which helps provide students with an understanding on entrepreneurship as well as the enablers and barriers of starting a new business. 
One with business management skills may have better market data analysis and business planning abilities to make better business decisions as well as market predictions. Though having business management skills does not necessarily make one’s business venture a guaranteed success, it certainly enhances the chances by being equipped with the right tools and knowledge to deal with challenges and adverse situations.

Pearson BTEC Level 5 Higher National Diploma in Business (Business Management) @ DIMENSIONS International College



Due to their popularity, many universities and institutions, including international colleges, are offering full-time and part-time business management courses. DIMENSIONS International College is one of the international colleges in Singapore offering a higher national diploma in Business Management.
Pearson BTEC Level 5 Higher National Diploma in Business offered by Pearson at DIMENSIONS International College provides students with the option of either majoring in Business Management or Banking and Finance. Focusing on the Business Management major option, students will learn more in-depth about the core business operations and management of an organisation.   
This 22-month programme offered by Pearson Education Limited at DIMENSIONS International College is designed to prep students with the knowledge, understanding and skills on business management to progress to an undergraduate degree. For more details on this higher national diploma programme, please visit DIMENSIONS International College’s website.

Skills and Knowledge



Studying Business Management not only allows one to gain knowledge on how to manage an organisation, it also helps one to gain valuable soft skills such as communication skills, problem-solving skills and leadership skills. Taking modules under Business Management courses such as the Pearson Higher Diploma in Business (Business Management) at DIMENSIONS International College can train individuals to develop these skill sets which are deemed especially important and useful in the business industry. 

Communication and People Skills



Having communication and people skills is crucial to the management of an organisation. Human resource specialists need to know how to maintain high job satisfaction among employees and also handle employee grievances to prevent talents from leaving the organisation. Communication and people skills will be covered under Human Resource Management modules in Business Management courses.

Problem-Solving Skills



Having to face problems and challenges is unavoidable in any kinds of job. When facing challenges, the management of an organisation needs to come up with solutions to resolve the issues before they affect the organisation’s main operations. Therefore, it is beneficial for the management team to possess high creativity and problem-solving skills to counter problems. Pearson’s higher national diploma offered at DIMENSIONS International College includes a module called ‘Business Strategy’ to train individuals to come up with different strategies to counter threats and challenges. 

Leadership Skills




Leadership qualities are what companies look for in managers and higher managerial positions. Managers are required to lead and manage departments in organisations. Having good leadership skills can make employees follow and respect the manager, thereby making it easier for the manager to control and manage the organisation. It is not an easy task to learn and gain leadership skills, but modules such as ‘Operations and Project Management’ and ‘Understanding and Leading Change’ covered in Pearson’s higher national diploma at DIMENSIONS International College and help provide an insight on how to lead and manage.

Career Prospects



The skills and knowledge gained from investing in the studies of Business Management are highly versatile and are widely applicable across many kinds of jobs. Students who wish to start their career after graduating DIMENSIONS International College can look to Human Resource Management, International Business and Trade, as well as Business Communications as suitable career prospects, though not limiting to just these three job categories.

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