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I am in the UK.

I am planning to do Joint Honours Degree in Business Management and IT.

What do you say about this? what are the career prospects etc etc.

please suggest anything relevant.

This is a really usfeul combination. Bus. Mgt. complements the MIS side of IT, and makes it much easier to understand business information. The combined degree thus makes you attractive to both the Business world and the IT world. If you go on to specialize in IT, you'll have the advantage that prospective employers will more readily accept your ability to APPLY your IT knowledge to solving their business needs. If you go the other way (toward Business/HR/Accounting etc), there's the belief that your IT knowledge will enable you to better process/track/measure business-related data. In short, go for it!

Plus, If I have a Master’s degree, does this enter me into any form of Business position that I want, whether it be CEO, Human Resource or even lower entry Operational Management? Upper, Middle, and Lower level management in other words.

To get your MBA, you will need to spend about 4-5 years in college. The first two years would be to get your BBA. Then you can apply to a MBA program which takes from 2 to 3 years.

But, a MBA is not a golden ticket into whatever job you want. It does, however, open doors to positions that were not open to you before.

I am thinking about majoring in business management, and I only plan on getting my bachelors degree, for now. What type of job could I get with this type of degree?

Some would best describe business management as a rather "loose" major.

If you are looking at this choice of major to make money right out of college… I wouldn't recommend it. This is really more of a major that gives you an education and insight instead of giving you a direct path to a well paying career. Do you want to be a business owner? Do think "I wonder how I could take this business idea and run with it?" It really plans on what you personally plan on doing with it, as this isn't a stepping stone for say, a career in science or medicine where people are actually out there looking to hire you.

I know people who Had to get this degree in order to advance as retail store managers, and some who had this degree got passed up for promotions by employee with a couple more years of experience.

Everyone I know now that's majoring in business management at my local community college chose this major because they had no clue what they actually wanted to study, they just wanted to go to college.

I see my college offers an associate's degree in Business Management and I was considering it, but I'm not sure what positions that would qualify me for. Any ideas of job & salary? Ty!
Really? I thought educated people had class, and answered other people's questions graciously, without being rude or sarcastic. But now that I think about it, you never promised you were classy or educated.

with an AA you will not be as mobile. if your employer goes belly up, it will be much harder for you to find another job. On the other hand, if you work for a stable company for 10-15 years, you can do a lot with that AA degree. Just make sure to have a fresh attitude every morning when you show up for work and do precisely what your manager asks of you. While in the short term you will not receive much in terms of compensation, it the long term you will be just fine.
With a fresh AA, expect to do little more than paper work, filing, organizing meetings and resolving conference room booking conflicts. But you will grow out of that in a few years.

I am planing to take the Bachelors Degree in Business Management from the Penn-Foster College.But i am not sure that the college is really valid or not.Am i would be able to take a master degree later on from any local university of Florida with the BS degree from Penn-foster?Am i would be able to get a better job with this Degree?

Yes, they are legit. I am finishing a Career Certificate and I am planing on getting my Assoc. Degree there. I do think you should be able to get a job, since they have pretty much the same classes as any other school. at the end what matters is your talent, meaning how good you are in what you studied.
About studying somewhere else after your BS talk to Penn Foster and ask, then call the university or universities you plan on going after it, and let them know your plans, they can tell you whether they do or don’t accept the BS. some schools might not, so get prepared with different options. But keep going.

do they both pay decent money?

a management degree encompasses issues more relevant to managing generally everything whereas business management focuses more managing a business and requires more economic classes. how you are paid depends on how well you sell yourself to potential employers