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By Prabhadri Suman|Updated On - 2023-06-08 05:37:10
Explore the best international courses in management with high ROI and career growth opportunities. Find out how studying abroad can help you stand out in the competitive job market.
Topics Covered:
Commerce is a popular major among students in India as it opens up a range of opportunities in management, accounting, finance, business, and economics. In order to build a successful career in their chosen field, commerce students need to have the right skills and knowledge to be a cut above the rest.
The top international universities offer some of the best courses and specializations for commerce students after school and graduation. Each course offers something different, closely attuned to the individual talents and likings of every commerce student. Indeed, studying abroad means you may get access to these renowned institutions, a strong global network of contacts, job opportunities and, most importantly, develop the qualities that help them to become a successful professional in the field of commerce, business and management.
While there are hundreds of courses and schools, it is challenging for students to assess which degree would offer them a high return on investment (ROI). With that in perspective, this article provides a list of management courses abroad that offer a high return on investment (ROI) for commerce students.
Following are some of the top management courses for commerce students to study abroad:
The Master of Business Administration (MBA) is a professional degree in global business management that has a rich heritage, especially in the United States and the United Kingdom, which were the hub of industrialization and management since the early 20th century. It sought scientific approaches to management to encourage enterprise, bring efficiencies, and enhance profitability.
The core courses in the contemporary MBA program cover vital aspects of business, such as accounting, finance, marketing, human resources, and operations, in a manner most relevant to today’s business needs. It gives commerce students insights into leadership and management roles within a business.
Top international business schools
to study MBA at are Harvard, Stanford, and MIT Universities as well as London Business School, INSEAD and Wharton School of Pennsylvania University.
MBA in Business Analytics is a relatively newer category in MBA specialization. Considering the growing importance of data analytics in boardroom discussions and business strategies, an MBA with a focus on analytics is one of the most
popular MBA specializations
today. Its curriculum covers core business fundamentals along with training to understand and analyze businesses from a data-driven perspective. The MIT Sloan School of Management, the University of Chicago Booth School of Business, Imperial College Business School, and the
University of Warwick
are some of the top international study destinations to pursue an MBA with a specialization in Business Analytics.
A Master of Business Administration (MBA) with a specialization in Finance is another of the more popular programs in the world, training budding business leaders in cost management and financial efficiencies. It's a 2-year program that imparts knowledge on various aspects of financial and business management.
Some universities offer this course as a specialization of MBA while others offer it as an independent degree. Students can choose either depending on their personal interests and career goals. The best universities to
study in USA
are Wharton School (University of Pennsylvania), Columbia Business School, Stern School of Business at New York University, and the UK it's Said Business School of Oxford University.
This master’s degree in international business enables students to develop advanced skills in helping businesses succeed globally. The course trains students to understand how culture and history impact trade, marketing strategies, strategic planning, and other factors that influence business across borders. It prepares students with high-level knowledge of organizational behaviour, human resources, business operations across countries and more.
Aspirants can pursue this course at the
University of Westminster
- Westminster Business School, University of Edinburgh Business School (UEBS), Maastricht University School of Business and Economics, Berlin School of Economics and Law, or University of California, Berkeley.
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Operations management can make or break an organization. MSc in Operations Management provides knowledge about how organizations can best manage their operations to provide value to their customers. Students taking this course learn about different aspects of operations management, from capacity planning and inventory management to quality management and logistics.
This course trains in how to design, run, and manage effective operations across the organization. They can take up this course at Alliance Manchester Business School of the
University of Manchester
, University of Calgary, Worcester Polytechnic Institute or Hong Kong Polytechnic University.
The MSMS course program trains students to understand and analyze the strong connections between their academic knowledge to the current developments in international commerce and industry. The program is tailored to hone students’ skills in their particular areas of interest and needs, allowing them to build on the knowledge gained from previous study and employment experience, as well as an international approach to enhancing their global career prospects. It can be studied at HEC Paris, Warwick Business School, and Imperial College Business School.
The BA in Business Administration abroad is designed for commerce students who have decided to pursue a career in business management right after completing their schooling professionals. This course can also be taken by students who have majored in non-commerce subjects but are eager to move their careers forward in the field of business management or to advance their business skills.
It is a three-year undergraduate program that deals with different aspects of business administration, including accounting, finance, marketing, and human resource management, among others. It is one of the most popular programs among Indian students with no math or science background.
Master’s in Management, or MIM, is among the popular management courses abroad for commerce students. It is mostly in demand in the UK and Europe at large. This course is a good option for students who have completed their bachelor’s degree in a completely different subject. Top institutions to pursue MIM include Warwick University, Edinburgh University,
King’s College London
, and others. On completing this course, students may find job opportunities in consulting, HR, and marketing.
Human resource is the most vital element in any business organization. Therefore, Human Resource management is a crucial skill to develop in the field of business administration. Some of the reputed universities to pursue HR management abroad are Warwick University, the
University of Dublin
and Trinity College Dublin. A master in HR is one of the most popular management courses abroad for Indian students of commerce.
The importance of supply chain management came to the fore when the whole world was struck by the pandemic. Poor management of inventory and supply chain in the face of unprecedented global events can lead to full-blown crisis and chaos in terms of product flows and supply or delivery of even the most basic necessities.
Therefore, gaining skills in effective supply chain management plays an important role in today’s international business and operations management. This course is especially relevant for employment in the retail, logistics, and transportation industry. The Rotterdam School of Management at Erasmus University, Mitchell E. Daniels, Jr. School of Business at Purdue University, Alliance Manchester Business School of Manchester University, as well as Michigan Ross School of Business and MIT, offer this course.
There are certain prerequisites that students must meet to start the application process with top
study abroad consultants
after 12th commerce. They are:
There are numerous scholarships available for Indian students to study abroad after completing their 12th grade. Students admitted to Oxford or Cambridge universities may be eligible for the Oxford and Cambridge Society of India (OCSI) Scholarships worth around INR 2,000,000. Also, international students pursuing a bachelor’s degree at a QS-ranked institution can apply for a merit-based study abroad scholarship of up to INR 3,68,800.
List of Scholarships to apply for:
The above-mentioned management programs are designed to equip students with the necessary knowledge and skills to lead organizations into the future and thrive in the global economy. Their cutting-edge curriculum, complemented by immersive real-world projects with multinational companies, helps commerce students build the right foundation in global management, organizational skills, and leadership skills and grow their cultural awareness through global exposure.
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