A Diploma in Business Management abroad is a certificate-level program to enhance the student's marketing, finance, and management skills. There are around 150 leading universities overseas that offer this program. Moreover, there are several best nations for this course, aiming to teach the knowledge of different business operations and the crucial principles of management. These subcontinents include the USA, the UK, Australia, Canada, China, Italy, etc., which are known for their quality education system.

Diploma in Business Management: Course Highlights

To begin, here's a summary of the highlights we will expand on in this blog. Then, we will cover topics such as fee, duration, top universities, etc., for Diploma in Business Management abroad.

Program

Diploma

Course

Diploma in Business Management

Duration of the Course

Between 5 days and around a month (based on top 5 universities)

Eligibility Criteria

{High school (10 + 2 equivelant), 60% recommended}, graduate first division degree (minimum of 60% marks), {IELTS, PTE, Duolingo, or TOEFL (IELTS 6.5 or equivalent recommended)}, and entrance exams such as GMAT or GRE (if required)

Entrance Exams

{IELTS, PTE, or TOEFL (IELTS 6.5 or equivalent recommended), GMAT or GRE (if required)

Tuition Fees

Between 139394 and 1035723 INR (based on top 5 universities)

Jobs 

Business Management Executive, Finance Manager, Business Analyst, etc.

Average Salary

700000 INR (based on 5 jobs)

Scope of Diploma in Business Management?

After completing your Diploma in Business Management, you can pursue various job profiles in companies, sectors, and business organisations as administration or management designations. Furthermore, you can apply for jobs as skilled management professionals in the government or private sector.

Diploma in Business Management: Syllabus

Before pursuing any course abroad, one must know what subjects they will study in the program. The same goes for a Diploma in Business Management. 

So here's a syllabus overview of your program: 

  • Management of Accounting and Applied Statistics.
  • Principles of Management.
  • Management Information System.
  • E-Business.
  • Human Resource Management.
  • Financial Managers.
  • Marketing Management.
  • Production and Operation Management.
  • Project (Thesis).

TOP Universities for Diploma in Business Management

Many of the top-ranked universities overseas offer a business management diploma. These universities are globally ranked among the best in the QS World Rankings 2022. Here are 5 of these leading universities.

S.NO

University Name

Country

QS World Ranking

1

Harvard University

The USA

5

2

INSEAD 

France

NA

3

London Business School

The UK

NA

4

The Massachusetts Institute of Technology (MIT)

The USA

1

5

Stanford University 

The USA

3

Diploma In Business Management: Fees

There is no fixed amount for studying for a Diploma in Business Management overseas. Your fees and other expenses depend on your country, university, city, and lifestyle. It also includes the cost of living. We recommend keeping a budget of around 1100000 INR for the top universities worldwide.

S.NO

University Name

Course

Duration

Tuition Fees in INR

1

Harvard University

Certificate in Management Essentials

0.1 years 

139394

2

INSEAD 

Business Foundations Certificate

INSEAD-Sorbonne Université Certificate Programme

NA

NA

3

London Business School

Certificate in Management – High Performance People Skills for Leaders

5 days

722475

4

The Massachusetts Institute of Technology (MIT)

Short Course in the Internet of Things: Business Implications and Opportunities

0.1 years

223078

5

Stanford University 

Certificate in Managing Risk and Reputation in a Complex World

NA

1035723

Eligibility Criteria for Diploma in Business Management

There are particular eligibility criteria that you must meet to qualify for a Diploma in Business Management abroad. The minimum score benchmark depends on your chosen university, but let's see the general guidelines.

  • You need a high school or equivalent 12th certificate from a recognized institution to apply for a Diploma in Business Management.
  • You also need a graduate degree with at least 60% marks in the first division.
  • You can submit IELTS, TOEFL, PTE, Duolingo, or equivalent test scores to prove your competency level in the English language. We recommend IELTS 6.5 or equivalent.
  • You may require to submit scores for GRE, GMAT, or an equivalent entrance exam.

Exams Required for Diploma in Business Management

Besides your graduate degree qualification, you must prove your English language proficiency to study for a Diploma in Business Management abroad. 

Here are the minimum band requirements for the top universities we have listed: 

Name of the University

Exam Name

Minimum Band Requirement

Harvard University

IELTS 

7.5 (no band less than 7.5)

INSEAD 

IELTS 

7.5

London Business School

IELTS 

NA

The Massachusetts Institute of Technology (MIT)

IELTS 

7.0

Stanford University 

IELTS 

7.0

Scholarships to Study Diploma in Business Management

Studying for a Diploma in Business Management or any qualification abroad is expensive. However, to financially aid international students, many scholarships are also available. 

Let us list a few of them: 

S.NO

Scholarship Name

Description

Eligibility 

Amount in INR

1

Inlaks Scholarships (University Courses) 

These awards are offered by the Inlaks Foundation

NA

74,39,000

2

Central Sector Scheme of National Overseas Scholarship for SC etc. candidates – (All countries except UK)

Assists low  income students belonging to the SC, ST, Denotified Nomadic, semi-nomadic tribes, landless agricultural laborers, and traditional artisans to obtain higher education     

NA

12,48,019

3

Golden Key Graduate Scholar Award

This award is offered by the Golden Key International Honor Society 

NA

1,85,975

Career after Diploma in Business Management

After completing your Diploma in Business Management, you can pursue various job profiles in companies, sectors, and business organizations as administration or management designations. Furthermore, you can apply for jobs as skilled management professionals in the government or private sector.

Job Profile

Salary in INR

Production Manager

Between 7,00,000 and 8,00,000

Marketing Manager

Between 6,00,000 and 7,00,000

Business Management Executive

Between 2,00,000 and 3,00,000

Finance Manager

Between 8,00,000 and 9,00,000

Business Analyst

Between 7,00,000 and 8,00,000

How to Study for a Diploma in Business Management?

We have created this step-by-step and easy-to-follow guide to help you apply for a Diploma in Business Management overseas. Please remember that it is only indicative, and the steps required may vary slightly from university to university.

Step 1: Select a country such as Australia or Canada for your Diploma in Business Management.

Step 2: Select a university and course.

Step 3: Get these documents attested if you haven't already.

  • Proof of funds.
  • At least 2-3 LORs.
  • Your SOP.
  • Your evidence of English language proficiency (IELTS, PTE, TOEFL, or equivalent scores).
  • Your academic transcripts.
  • A copy of your valid passport.
  • Entrance exams such as GRE or GMAT (if required).
  • Your graduate degree or equivalent qualification.

Step 4: The next phase involves visiting the official course page for Diploma in Business Management at the university website and filling out an online application form. You will be asked to attach the required credentials next.

Step 5: You may be charged a non-refundable application fee.

Step 6: All you have to do now is wait for the decision on your application. Meanwhile, you can learn your new temporary nation's mother tongue. For example, master Spanish for Spain or Deutsch for Germany.

Step 7: Done.

Still, have any queries? Then, contact AECC India and get satisfactory answers.

AECC is one of the world's leading educational consultancies with versatile expert professionals ready to help you with any queries you may have. Contact us so we can be of assistance to you in your journey to achieving your dream.