This report covers the challenges of studying business management, the importance of academic and professional skills development, and effective team working skills. It emphasizes the need for individuals to develop the necessary skills for success in their academic and professional careers. The challenges of studying business management include learning new things, working in a team, and adjusting to a new environment. Effective academic and professional skills development is crucial for career growth and success. Team working skills such as communication, time management, problem solving, critical thinking, and leadership are essential for effective collaboration and achieving business goals.