Business Management is the study of coordinating and organizing of business activities through planning, direction and controlling of business resources. Good business leaders is the need of the hour. A good business leader is one with a thorough understanding of economics and business theory, and at complete ease when working with people. In addition to these qualities, these leaders also require specific skills in many different aspects of business management such as marketing, accounting, human resources etc. Education in management equips aspirants to adapt to business-specific needs and to combine ideas and instincts with their business skills and knowledge.