Why Study MBA Global Business Management in IBU Canada?

An MBA in Business Management forms the core of MBA studies. This 2-year program is specifically designed to equip students with the skills needed for higher-level management positions. The curriculum focuses on current management techniques, various functional areas within the business field, pertinent economic concepts, applied mathematics, statistics, and behavioural science, along with their practical applications.

The program not only covers theories and applications of business concepts, processes, tools, and techniques, but also emphasises managerial tools and effective decision-making processes in a business context.

In this blog, we will specifically discuss how pursuing an MBA in business management helps you build a strong career. 

What is Business Management?

Business management is the job of managing and organising business operations, workflows, and resources to achieve a specific goal. This includes supervising and training employees, controlling fundamental operations, and planning firm infrastructure for the future.

Experts say the secret to effective business management is to strike a balance between managing work and talent. As a business manager, technical expertise gets you the respect of your colleagues. However, maintaining that respect requires soft skills.

These skills include:

• Consistency
• Communication
• Empathy
• Forming and nurturing meaningful working relationships

Also Read: Study Business Commerce and Management Abroad

Why Study Business Management?

For those aiming to kickstart their own ventures or lead in the business world, a business management degree is a top pick. It gives you the know-how and abilities to chase after jobs worldwide and gives you a solid grasp of how businesses work, including areas like finance and human resources.

Here are the key reasons why to study business management:

1. Multiple job opportunities: Business management is a complete degree that includes finance, human resources, accounting, and marketing. The flexibility of an MBA in this field allows graduates to smoothly shift into various professions across businesses.
2. Good pay: Pursuing an MBA incentives your career for higher pay, and a specialism in business administration guarantees a competitive salary in all industries. As per Indeed.com, the average salary for business managers in the Philippines is between 60,000 and 65,000.
3. Work for yourself: Dreaming of being your own boss? With a background in business administration, you gain the necessary tools and insights to kickstart and run your own venture. Whether it's deciphering market trends or handling finances, your education forms the foundation of your entrepreneurial journey.
4. Keep up with market trends: The world of business requires you to keep up with market trends at all times. Business administration courses dive deep into these areas, teaching you how to analyse market data, understand consumer needs, and make decisions that benefit the business. With this knowledge, you can anticipate market shifts and make strategic choices that keep businesses profitable and responsive.

Scope of Business Management 

The field of business management is wide, it covers the day-to-day management of an organisation covering accounting, operations, finance, marketing, human resources and much more. Here are a few job roles available to business admin graduates after an MBA:

1. Actuary: They are professionals who assess the financial risks of business decisions. Actuaries may work for consulting firms, banks, hospitals, or the local or federal government.
2. Business Manager: These professionals require you to oversee overseas day-to-day business operations. The role involves collaborating with company executives and employees to direct the company's resources towards achieving goals.
3. Chief Executive Officer: This is a senior role that involves working with the board of directors and creating long-term goals for the company. They are also representatives of the company at important meetings and functions.
4. Director of Operations: Working as a Director of Operation professionals encourages the growth and profitability of the company. The duties involve staff management, department supervision and various other daily operations.

Also Read: Why Study MBA in Canada

Key Reasons to Study Global Business Management at an International Business University

International Business University offers 1-on-1 mentoring with the help of a personal academic advisor. The classes at International Business University have a cap of maximum 30 students ensuring your learning is personal, customised and fulfilling. They also have industry focused curriculum that makes your job-ready for the global economy.

Here are the key reasons to study Global Business Management at International Business University in Canada:

1. 1-on-1 Personal mentoring
2. Industry focused curriculum
3. IBU is recognised as a designated Learning Institution
4. Dedicated professors and faculty members 

Did you Know 💡:IBU is located in the business capital of Canada, Toronto’s downtown core, giving students an instant access to career and networking opportunities.

An MBA in Global Business Management from IBU is well-regarded in Canada. The programme has a high employability rate and several opportunities for personal and professional growth, making it an excellent investment for international students. It focuses on student pleasure and successful learning. Small class sizes enable personalised attention and high-quality education.

You can study at IBU with AECC's assistance. Speak with one of our counsellors about curating your IBU application.