What is Management Studies? | Learn Management Studies | IIE MSA

If you feel you were born to be a leader, there is a good chance you are interested in pursuing a career in management.

Learning how to effectively manage people and processes is an essential skill for anyone wanting to successfully run a business one day.

A degree in management studies will give you an extensive foundation in a number of business topics including finance, economics and marketing. You will also gain an understanding of various management theories, and how they relate to different industries.

Keen to study business management? Call IIE MSA on 011 950 4009 or email us on now.

What is management?

One of the pioneers in the management field, F.W. Taylor, once quipped that “management is the art of knowing what to do and seeing that it is done in the best possible manner”.

The study of business management covers all aspects of the business, and the decisions that need to be made in each area and at each level to ensure that the business succeeds.

Essentially, there are four key functions of business management: planning (which involves deciding on business goals and how to achieve them), organizing (allocating people and resources to achieve these goals), leading (supervising or motivating employees) and controlling (analyzing business activities to ensure goals are being achieved). Students of business management will study each function in the management process from deciding what needs to be done, right through to ensuring that it has been done correctly.

A good business manager will use their skills to steer an organisation in the right direction, working with the company’s strengths, identifying new opportunities and managing threats that arise along the way.

Where to study management in South Africa?

IIE MSA is a brand of The Independent Institute of Education (The IIE), a leader in the higher education sphere, offering an array of IIE undergraduate and postgraduate programmes, including a IIE Bachelor of Commerce degree (BCom Degree) with a study area in Management and a IIE Master of Business Administration, offered at IIE MSA.

The IIE Bachelor of Commerce degree offers a good foundation for people looking to get a foothold on the corporate ladder, while an IIE Master of Business Administration can help you take your career to the next level.

You can also study the IIE Postgraduate Diploma in Corporate Governance which is designed to enable understanding, implementation, and interpretation of the critical role of corporate governance in business sustainability and economic growth

Management career opportunities

Every major business in South Africa has a number of people working towards the goal of effectively managing the business, meaning career opportunities abound for graduates with strong management potential.

Within an organization there are many levels of management, and many areas of specialization, and every business requires the skills of a business manager to keep the business up and running.

Whether you’re interested in human resource management, marketing management, logistics and supply chain management or any of the other areas of specialization, a Business Management degree will provide a firm foundation for your future career.