Study Business and Management in China

Have you ever thought about owning a business and wondering how a company works? If you are reading this, I believe the answer is likely to be a ‘yes’ and if you do, you should continue reading this.

What is Business and Management about?

Business and Management is all about accounting, finance, business administration, economics, marketing and management. In a Business and Management course, you will learn how to manage and operate a business, including how to maximize profits, reduce losses and manage people in an organisation. Business and Management are very similar, with only a subtle difference. A business course will focus on a specialized area of business whereas a management course will focus more on planning and organizing.  

What are the major fields in Business and Management?

Business and Management is a wide field and a major in the field will let one gain a deeper insight into the corporate world. The Business and Management field comprises of major fields like economics, accounting, marketing, finance and management.

1. Economics

Economics can be categorized as microeconomics and macroeconomics. Learning about economics not only helps one make better financial decisions, it can also be applied throughout society, business, finance, healthcare and in the making of public policies.

2. Marketing

Marketing is one of the premier components of business management which includes the coordination of four important elements in marketing, which is known as 4P’s of marketing: product, price, place and promotional strategy.  

3. Management

Management involves a set of principles relating to the functions of planning, organizing, directing and controlling resources to achieve organizational goals and is the backbone of successful organizations. A person in a management position will have the power and responsibility to make decisions and oversee an enterprise.

4. Finance

Finance is the study of money system, investments and other financial instruments or better understood as money management. Finance can be divided into three categories, which are public finance, corporate finance and personal finance, including tax systems, business assets, mortgage planning, retirement planning, etc.

5. Accounting

Accounting is all about transactions, from the process of summarizing, analyzing to reporting these transactions and it is one of the key functions for any business to keep their financial information organized and their business managed effectively.

What are the important skills I need in this field?

Business and Management is amongst the most popular courses worldwide at any level of study as the skills and knowledge learned can be applied in any field or sector. Here are the important skills that are going to be useful in this field:

• Communication

• Time management

• Customer relationship

• Leadership

• Project management and planning

• Critical thinking

• Problem solving

• Networking

What are the entry requirements and qualifications?

Students are required to meet the entry requirements including language requirements for Chinese and English, depending on the university’s requirement. Make sure you check with the university to understand more about their requirements before submitting an application.

*HSK Exam

HSK is a chinese proficiency test consisting of six levels to evaluate one’s proficiency in using the Chinese language in their daily, academic and professional lives and is required by most Chinese universities as one of their admission requirements.

How long will I be studying this programme?

The duration of study for different levels of studies in China are pretty much the same as any other universities in Malaysia for a Business and Management programme. If you are not sure about the duration of studies, check them out:

How much does it cost to study Business and Management?

The cost of studying oversea can be high, therefore it is important to be aware of the fees of the programmes offered by different universities. The fees of studying a Business and Management programme differ according to the levels of studies and type of institution but the average estimated tuition fees are as below:

What are the job opportunities?

A background in business and management degree opens a door to many job opportunities such as:

• Business adviser

• Business analyst

• Business development manager

• Management consultant

• Project manager

• Risk manager

• Stockbroker

• Human resources officer

• Logistics and distribution manager

• Marketing executive

• Entrepreneur

The skills gained in a business and management degree are valuable and transferable, and can be applied in different sectors and industries. The diversity of the industries involved has made business and management one of the degrees with widest job prospect.