What is Management Science?
Management science is the application of the scientific method to the study of the operations of large complex organisations or activities. The management science encompasses however more than just the development of models for specific problems. It makes substantial contributions in a much broader area. The application of the output from management science models for decision-making at the lower, middle and top management levels.
Basically, the management science can be defined as a problem-solving process used by an interdisciplinary team to develop mathematical models that represent simple to complex functional relationships and provide management with a basis for decision-making and a means of uncovering new problems for quantitative analysis.
Introduction to Bachelor of Management Sciences
The Bachelor of Management Science (BMS) is a bachelor’s degree that encompasses a range of business subjects, such as finance, analytics and statistics. It is designed to prepare students for managerial positions, which require interpretation, decision-making and leadership. The course has a multidisciplinary atmosphere which focuses on innovative technologies to efficiently run different businesses.
The course includes decision support systems, quality control and supply chain management in order to succeed in this industry, individuals need to have good critical thinking and analytical skills.
Specialisations for BMS course
Some of the important specialisations of BMS course are:
- BMS Aviation Management
- BMS Branding and Entrepreneurship
- BMS Digital Business
- BMS International Finance with CGMA, UK
- BMS International Business with Chartered Institute of Marketing, UK
- BMS Financial Services Integrated with Chartered Insurance Institute, UK
- BMS Tourism and Hospitality Management accredited by Institute of Hospitality
- BMS International Marketing Integrated with Digital Marketing Institute of Dublin, Ireland
- BMS Strategy & leadership Integrated with US, CSCA and institute of Leadership Management, UK
- BMS Event Management
- BMS Sports Management
Eligibility for Bachelor of Management Science
The students who have completed their PUC or 10+2 in any stream with 50% aggregate from recognised board are eligible to apply for the BMS course.
