MBA in Business Management: Course Details, Eligibility, Admission, Fees

Duration

Average Fees

INR 1,00,000

Surobhi Chatterjee

Updated on Oct 3, 2022 by Surobhi Chatterjee

Surobhi Chatterjee

Updated on Oct 3, 2022 by Surobhi Chatterjee

MBA in Business Management is a two-year-long postgraduate course that deals with theories and practices related to how to operate businesses manage crises, offer solutions with limited resources and demonstrate discipline, development and cross-cultural leadership. This course offers the following careers: Office Manager, Career Advisor, Financial Advisor, Marketing Manager, Management Analyst, Training and Development Officer, etc.

MBA in (Business Management) Course Details

Degree Masters
Full Form Master of Business Administration in Business Management
Duration
Subjects Required Any Subjects in undergraduate degree
Minimum Percentage Graduation with an aggregate of minimum marks as mentioned by the universities individually
Average Fees INR 1,00,000
Average Salary INR 6,00,000 Per Annum
Employment Roles Assistant Manager, Sales and Business Development Manager, Quality Control Manager, Product Development Executive, Production Manager, Benefits Analyst, Payroll Manager, etc.

MBA in Business Management full form is Master of Business Administration in Business Management. MBA in Business Management in India is a 2-year post-graduation degree course that focuses on making skilled individuals who know how to operate businesses, manage crises, offer solutions with limited resources and demonstrate discipline, development and cross-cultural leadership. It is one of the specializations in an MBA course.

According to Wikipedia, "A Master of Business Administration is a graduate degree focusing on business administration and investment management. Most programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources.” The course is a specialisation under the umbrella of MBA.

Table of Contents

Eligibility Criteria for MBA in Business Management

MBA in Business Management degree admission is offered to only those students who meet the eligibility requirements. The minimum requirements include an undergraduate degree in any discipline, completed from a recognized university with a minimum aggregate score of 50%. Candidates awaiting their graduation level examination results are also eligible to apply. Students must ensure that they register themselves for the required entrance exam. There is no age limit for the course.

How To Get Admission in MBA in Business Management?

For pursuing MBA in Business Management in India, students must ensure that they satisfy the eligibility criteria. Most institutes offer the MBA in Business Management course in India based on their performance in entrance exams. Some institutes conduct their own entrance exam. Admission procedures vary across colleges. A few institutes also provide direct admission based on the candidate score obtained at the graduation level.

How to Apply?

The MBA in Business Management admission varies from college to college. MBA in Business Management course eligibility information for admission can be found on the colleges’ official websites, where the students should apply. The registration process can be carried out through online and offline methods. 

Selection Process

Admission is strictly offered to only those students who clear the minimum cut-off of the respective college and fulfil the eligibility criteria. Students who qualify for the required entrance exam can pursue the degree in the required institute of their choice. The aspirants can get their results through email communication or can visit the colleges' official website.

Who should pursue MBA in Business Management?

MBA in Business Management should be pursued by students who are interested in business development and management. Students who beilve have the skills such as Project management, Leadership, Problem Solving and Strategic thinking are apt candidate for MBA in Business Management. The entire course is for students who wants to develop their business and make an international market space for their business. 

When to do MBA in Business Management? 

After completing graduation, one can pursue MBA in Business Management.  MBA in Business Management can also be pursued after candidate gains certain work experience.

Types of MBA Business Management

There are 3 modes of pursuing the MBA Business Management course which are Full-Time, Part-Time and Distance MBA Business Management. Details of all of them are given below:

Full-Time MBA Business Management

It is a 2 year course with classroom learning, classroom examinations and hands-on learning. The Full-Time MBA Business Management course is the most value for money course since it also involves interaction with experienced professors. 

Part-Time MBA Business Managemet

With a rise of demand for Business professionals in India, this course has been designed in a part-time mode too. People who cannot dedicate their complete time to pursuing MBA Business Management can get an admission and complete it at their own convenience.

Distance MBA Business Management

Many colleges in India offer MBA Business Management Distance to interested students in online and distance learning modes. Study equipment, Live and recorded lectures and practice sheets are offered to students so they can make use of it at the comfort of their homes.

Candidates are admitted for respective courses based on their scores in the MBA in Business Management entrance exams. Some of the top MBA in Business Management entrance exams are:

A Quick Glance at the MBA in Business Management Entrance Exams

To get into the best colleges, a candidate should clear the test. The students are supposed to approach a problem with multiple perceptions. From the exam perspective, the candidates need to manage their time constructively, and get a firm knowledge in the analytical and statistical approach is required. Listed below is the general pattern for the entrance exams:

  • The exam patterns consist of sections like verbal & reading comprehension, data interpretation & logical reasoning, and quantitative ability.
  • The exam will be offline or online.
  • The duration of the entrance tests is usually 120 to 180 minutes.

Study MBA Business Management in India

In recent years, there has been a surge in globalization of local businesses generating demand for Business Professionals. MBA Business Management Colleges have been established all over the country to cater to that demand. Below are some cities and their top MBA  Business Management colleges:

Top 10 MBA in Business Management Colleges in India

Many management institutes across India offer the Master of Business Administration in Business Management. Students can opt for the best MBA in Business Management colleges in India depending upon their merit and specialization needed. Some of the top 10 colleges in India are listed below: 

Top Business Management Colleges in India
Sl. No. Name of the Institute
1 IIT Kharagpur
2 Annamalai University, Tamil Nadu
3 Dr. B.R.Ambedkar University, Uttar Pradesh
4 St Xavier's College, Jaipur
5 Guru Nanak Institute of Management Studies, Mumbai
6 IISWBM, Kolkata
7 Birla Institute of Liberal Arts and Management Sciences, Kolkata
8 Acharya Nagarjuna University, Andhra Pradesh
9 Amity University, Noida
10 National Institute of Human Resource Development, Chennai

Top MBA Business Management Colleges in New Delhi

Delhi, the capital of India is known for its world class MBA Business Management colleges. Check the table below for the top MBA Business Management colleges in New Delhi:

Sl.No Institution
1 Jamia Millia Islamia University
2 Indian Institute of Foreign Trade
3 Delhi School of Business, VIPS Technical Campus
4 Department of Commerce, University of Delhi
5 Tecnia Institute of Advanced Studies

Read More: MBA Business Management Colleges in Delhi

Top MBA Business Management Colleges in Pune

Pune, the educational capital of India, has a selection of premier MBA Business Management Institutes. Check the table below for the top MBA Business Management colleges in Pune:

Sl.No Institution
1 Symbiosis Institute of International Business
2 Neville Wadia Institute of Management Studies and Research
3 Lexicon Mile Management Institute of Leadership and Excellence
4 Bharati Vidyapeeth University, Institute of Management and Entrepreneurship Development
5 Flame University

Read More: MBA Business Management Colleges in Pune

Top MBA Business Management Colleges in Chennai

Chennai, Known for its vast coastline is also rich in MBA Business Management colleges and is visited by students all over the country. Check the table below for the best MBA Business Management colleges in Chennai:

Sl.No Institution
1 Saveetha School of Management, Chennai
2 Crescent School of Business
3 Xavier Institute of Management and Entrepreneurship
4 Rajalakshmi School of Business
5 Bharat Institute of Higher Education and Research

Read More: MBA Business Management Colleges in Chennai

Top MBA Business Management Colleges in Bangalore

Bangalore, the startup capital of India has a good number of MBA Business Management Colleges with top facilities and infrastructure. Check the table below for the best MBA Business Management colleges in India:

Sl.No Institution
1 Reva University
2 Alliance University
3 NSB Academy
4 CMR University
5 Adarsh Institute of Management and Information Technology

Read More: MBA Business Management Colleges in Bangalore

Top MBA Business Management Colleges in Kolkata

Kolkata has some of the most established and reputed colleges for MBA Business Management courses in India. Check the table below for the best MBA  Business Management colleges in Kolkata:

Sl.No Institution
1 University of Engineering and Management
2 International Institute of Business Studies
3 Army Institute of Management
4 Indian Institute of Foreign Trade
5 Pioneer College of Management

Read More: MBA Business Management Colleges in Kolkata

Top MBA Business Management Colleges in Hyderabad

Hyderabad is one of the most sought after destinations when it comes to higher education, and its offerings of MBA Business Management Institutes is no exception. Check the table below for the top MBA Business Management colleges in Hyderabad:

Sl.No Institution
1 Badruka College Post Graduate Center
2 Deccan School of Management
3 Gitam Hyderabad Business School
4 Institute of Insurance and Risk Management
5 Institute of Public Enterprise

Read More: MBA Business Management Colleges in Hyderabad

Top MBA Business Management Government Colleges

Government institutes for higher education provide high quality affordable education to eligible candidates. There are lots of offerings when it comes to MBA  Business Management Government Colleges. Check the table below for the top MBA Business Management government colleges in India:

MBA Business Management Course Offered in Government College
Sl.No Institution
1 IIM Lucknow
2 IIM Calcutta
3 UBS Chandigarh - University Business School Panjab University
4 JMI New Delhi
5 DBS Dehradun - Doon Business School

Top MBA Business Management Private Colleges

With the emergence of a vast number of Private Institutes all over India, there has been a surge in MBA  Business Management institutes too. Check the table below for the top MBA Business Management private colleges in India:

MBA in Business Management Course offered in Private Colleges
Sl.No Institution
1 MDI Gurgaon
2 Indian Institute of Foreign Trade (IIFT) Delhi/Kolkata
3 Symbiosis Institute of International Business, Pune
4 FMS BHU - Institute of Management Studies Banaras Hindu University
5 Christ University, Bangalore

Study MBA Business Management Abroad

A student with a little more expenditure can get a MBA Business Management degree abroad. With advantages like great ROI, world class teaching methodology, MBA Business Management Abroad becomes a considerable option for Indian students. A list of top MBA Business Management colleges of various countries is given below:

Top MBA Business Management Colleges Abroad

The table below contains the list of the some of the best colleges abroad for MBA Business Management:

Top Business Management College Abroad
Institution Fees
The Wharton School USD 83,230 PA
Stanford Graduate School of Business USD 76,950 PA
Marshall School of Business USD 64,575 PA
Judge Business School USD 83,112 PA
IE Business School USD 72,200 PA
Harvard Business School USD 73,440 PA
Thunderbird School of Management USD 36,425
London Business School USD 126,119 PA
Chicago Booth USD 74,919 PA
INSEAD USD 65,860 PA

Top MBA International Business Colleges in USA

Known as the land of the free, the USA has established world class institutes. It also has an abundance of offerings when it comes to MBA Business Management courses. The table below contains the list of top MBA Business Management colleges in the USA:

Sl.No Institution
1 New York University
2 Yale University
3 Thunderbird School of Global Management
4 University of Chicago
5 Northeastern University

Top MBA Business Management Colleges in the UK

Known for its long and glorious history, the UK is one of the best countries for a candidate who desires to pursue MBA Business Management. Below are it most reputed colleges: 

Sl.No Institution
1 University of Birmingham
2 Bangor University
3 Coventry University
4 University of Portsmouth
5 University of Greenwich

Top MBA Business Management Colleges in Canada

Canada, known for its beautiful scenery, also offers high quality education for students all over the world. Its MBA  Business Management offerings are no exception. A list of its top colleges is tabulated below: 

Sl.No Institution
1 Carleton University
2 University of Calgary
3 University of Alberta
4 Laval University
5 Queen’s University, Kingston

Top MBA Business Management Colleges in Australia

Australia is one of the most educationally regarded countries in the world. Studying in this country is a great option considering the quality education provided here. The list of top MBA Business Management colleges in Australia are as follows:

Sl.No Institution
1 University of Melbourne
2 Deakin University, Australia
3 University of Queensland
4 University of Sydney
5 University of Newcastle

Fee Structure for MBA in Business Management

MBA in Business Management course fees range from INR 56,000-3 LPA. The fees may vary according to the college or university based on the type of institute, location, infrastructure, faculties, and facilities available. Listed below are some of the colleges with their fee structure.

Fee Strcuture for MBA in Business Management
Sl. No. Name of the Institute Average Annual Fees
1 Guru Gobind Singh Indraprastha University, Dwarka INR 56,000 PA
2 University of Delhi, Delhi INR 3 LPA
3 Indian Institute of Management, Bangalore  INR 12 LPA
4 Anna University, Chennai INR 56,000 PA
5 Amity University, Noida INR 11.20 LPA

Syllabus and Subjects for MBA in Business Management

MBA in Business Management degree is a 2-year postgraduate degree course. Coming to MBA in Business Management course details, in the first year, the course curriculum deals with core aspects like Business Statistics and Research Methodology, Management Concepts and Principles while in the second year includes subjects like Strategic Management, Training and Development, etc. Listed below are a few core subjects in the course: 

  • Management Organization
  • Managerial Economics
  • Quantitative Methods
  • Marketing Management
  • Financial Management
  • Operations Management

Read More: MBA in Business Management Syllabus and Subjects

Why Choose MBA in Business Management?

Students often wonder about MBA in Business Management details before choosing the course. Before deciding on a career, students come across queries like, "What is an MBA in Business Management course?" and "Why choose MBA in Business Management?”. To clearly understand answers to these questions, we have framed the following three pointers:

What is MBA in Business Management All About?

MBA courses in Business Management in India is a two-year post-graduation degree course comprising the interdisciplinary study of Business Administration, Marketing, Accounting, Economics, Finance, and Information Systems. This course is aimed at preparing students to take up various top-level jobs in private and public sectors, along with the government sector as well. 

What Does an MBA in Business Management Graduate Do?

MBA in Business Management offers a wide range of career options for graduates in both private and public organizations. They are presented with a variety of jobs in Management, Consultancy, Human Resources, Finance and Retail and Sales.

Human Resources (HR) Manager: HR Manager responsibilities include developing and implementing HR strategies and initiatives aligned with the overall business strategy, also bridging management and employee relations by addressing demands, grievances or other issues and managing the recruitment and selection process.

Reasons Why MBA in Business Management Can Fetch You a Rewarding Career?

MBA in Business Management can be a rewarding career for graduates. By enrolling in an MBA program, you can acquire the requisite knowledge and practices needed to potentially develop and operate your own businesses. MBA graduates are employed within the private or public sector. Their salary potential is high.

Career Scope and Options: There are wider job opportunities that can be explored post completing the course from a renowned college or university. The graduates can get job offers with handsome salary packages after completing their course starting from INR 3 LPA that can go up to INR 12 LPA. Students can also start their own businesses and be entrepreneurs.

Read More: MBA in Business Management Job Opportunities & Scope

MBA in Business Management Course Comparison

MBA Business Management is a degree programme designed for students who are interested in and oriented toward business and management. The MBA Fashion Management course is compared to the following courses:

MBA in Business Management vs MBA in Fianace and Marketing

The distinctions between MBA Fashion Management and MBA Fashion Designing are shown in the table below:

MBA in Business Management vs Finance and Marketing: Course Comparison
Course MBA in Business Management  MBA in Finacne and Marketing
Full Form Master of Business Administration in Business Management Master of Business Administration in Finance and Marketing
Stream Commerce Commerce
Course Duration 2 years 2 years
Eligibility Graduation with 50% minimum aggreation from UGC recognized college. Graduation with 50% minimum aggreation from UGC recognized college.
Entrance Exams CAT, XAT, SNAP, NMAT CAT, XAT, SNAP, NMAT
Top Colleges Amity University, Doon Business School, IIKM Business School, etc. Jawaharlal Nehru of Technological University, Samarth Institute of Management, D Y Patil School of management etc.
Fees INR 1 lakhs – INR 6 lakhs INR 12,000 – INR 7 lakhs

Preparation Tips for MBA in Business Management

Having an MBA in Business Management degree opens new doors of thriving career opportunities. Some tips for entrance exams are:

Get to Know the Syllabus: The syllabus of the course is something that a student should know, this helps the student know how to perform at the time of the examination.

Study the Current Affairs: Updating Current Affairs regularly also helps in preparing with some of the subjects of the course.

Practice Makes Perfect: Go through all the subjects and the modules that are taught in the duration of the course.

Scope For Higher Education

There are also certain higher study options available for graduate students after an MBA in Business Management, which can help them better understand the subject. Also, gaining more education can help the students to update their skills and also provide career growth. Listed below are some of the higher education options available for students:

  • MBA in International Business
  • CFA
  • M.Phil in Management
  • PhD in Management 
  • Certification in Risk management Assurance
  • Certified in Production and Inventory Management

Salary of an MBA in Business Management Graduate

Business management seems like a niche industry, but it has plenty to offer. The average salary for an MBA in Business Management graduate is around INR 3-12 LPA (Source: PayScale), which would increase with the experience and skills. MBA in Business Management offers job opportunities in Corporate Houses, Multinational Companies, Banking and Financial Institutions and Public and Private sector Industries.

Read More: MBA in Business Management Salary

Career Options After MBA in Business Management

MBA Business Management opens the door for a lot of opportunities. MBA in Business Management graduates can easily get employed within organizations after completing their studies. This course offers the following careers: 

  • Human Resource Officer
  • Office Manager
  • Occupational Psychologist
  • Marketing Executive
  • Relationship Manager
  • Business Analyst

Skills That Make You The Best MBA in Business Management Graduate

MBA Business Management course aims to build a solid grounding in management disciplines as well as strong analytical skills to compete globally. This course will help students to learn and increase knowledge of organizational behavior and psychology  for tackling real world business problems. Must have skills are:

  • Resourceful
  • A Good Communicator
  • A Multitasker​
  • Approachable
  • Analytical
  • Strategic

MBA in (Business Management) Fee Structure

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