Are you a visionary leader ready to take on the world of business and leave your mark? Do you dream of taking on big responsibilities and making a difference? With the right degree program, you can gain the skills and expertise required to make your dreams a reality. Wondering which path to choose between business management and hospitality management? EHL Insights has got you covered. Discover the advantages and disadvantages of both programs and make an informed decision to pave the way for a successful career.
First things first: What is the difference between Business Management and Hospitality Management degree courses? To answer this question, we shall address each subject in turn, taking a closer look at potential career outcomes.
A Business Management degree, studied at the Bachelor’s level, is a broad course of education that conveys insights into the way companies and organizations are run. Business operations are considered from a financial and administrative perspective, among others. A feel for efficiency, a grasp of systems, and an understanding of organizational behavior and structure is cultivated, as well as of cause and effect with regard to external influences, particularly economic changes. In addition, subject matter is dealt with on topics such as business policy and strategy, markets, customers, communication, and information technology.
Business Management degree courses tend to address business issues at the European and international levels, incorporating case-based learning and real-world examples. They teach skills that are applicable in several industries, such as time management, analytical and critical thinking, problem-solving and decision-making, numeracy, presentation and research skills. They equip students to properly interpret business and financial data as a solid foundation for wise business transactions.
The content covered in Business Management degrees is typically fairly general in its application, which is why the course is often studied in combination with another subject, such as accounting or marketing. It also acts as a stepping stone to other specializations, a basis for an MBA or other graduate degree course, or even a bridge to some legal professions by way of a graduate diploma in law. Those looking to focus on a specific commercial role might like to consider a graduate training scheme.
Usual career paths for Business Management graduates may lead into consultancy, human resource management, marketing, sales or insurance. Employment may be found in seemingly endless different industries, from utilities and construction to chemicals, health and even fashion. The private, public and voluntary sectors can all put graduates’ skills to good use. Relevant job titles include:
Much like a degree in Business Management, a Hospitality Management degree offers comprehensive insights into the structure and functioning of companies and organizations. Students are taught the respective management skills, such as leadership and delegation, teamwork and communication, IT, analysis, critical thinking and problem-solving.
The Hospitality Management syllabus, however, is tailored to the hospitality sector, which epitomizes customer service. This adds flavor to the course by aiming to truly understand customer requirements and how to meet them, drawing upon an attractive set of hard and soft skills and – in the case of high-ranking hospitality management schools – insights from affective hospitality. This trains students to fully immerse themselves in the guest perspective in the pursuit of service excellence.
A high degree of hands-on experience demands from students that they rise to the challenge of an extremely demanding, fast-paced industry. The ensuing resilience makes graduates an asset to many a sector, far beyond the realms of hospitality.
A Hospitality Management degree is a highly versatile qualification that opens doors in the private, public and voluntary sectors. Career opportunities may be found among employers such as hotel chains, conference and exhibition centers, events venues, bars and pubs, restaurants or even airlines, railways, hospitals, universities or the armed forces. Typical job titles include:
Thanks to the adaptable and sought-after skills, not to mention the admirable work ethic developed on a course of this kind, a hospitality management career trajectory can take graduates in any manner of direction. Marketing, sales, public relations, human resources, customer services, and tourism along with finance and accounting are all possible areas of employment.
As is the case with Business Management, a Bachelor’s degree in Hospitality Management can be an excellent starting point for further education or professional training. Students may choose hospitality management for the practical experience and to hone their ability to tune into what customers want before specializing or transitioning to a related area.
For ease of comparison, the main advantages and disadvantages in a nutshell:
As you can see, both Business Management and Hospitality Management degree courses constitute an excellent arena in which to develop crucial managerial skills. Irrespective of which type of course you choose, attending a well-reputed institution will work wonders for your career – both in terms of tuition quality and business connections made along the way.
If hospitality management is the avenue for you, consider completing your studies at EHL, ranked 2023’s number one by QS World University rankings. This particular degree course allows you to choose between an academic or a professional pathway and provides the best of both worlds: an international outlook and a strong sense of Swiss hospitality heritage.