Duration
2 Years
Average Fees
INR 3 lakhs - 10 LPA
Updated on Mar 27, 2023 by Surobhi Chatterjee
Updated on Mar 27, 2023 by Surobhi Chatterjee
MBA is a two-year postgraduate degree that deals with the specialized studies of business administration and management. MBA courses generally seek to produce dynamic and well-rounded business executives who can promote growth, innovation, and success across a range of businesses and sectors. The course is equipped with all the required knowledge to become a trained professional for acquiring several managerial roles.
Degree | Masters |
Full Form | Master of Business Administration |
Duration | 2 Years |
Age | No specific age limit |
Entrance Exam | CAT, MAT, XAT, CMAT |
Subjects Required | Honours or Graduate's degree recognized by UGC |
Minimum Percentage | 50% in Bachelor's Degree |
Average Fees | INR 3 lakhs - 10 LPA |
Similar Options of Study | PGDM |
Average Salary | INR 6.56 LPA |
Employment Roles | HR Manager, Marketing Manager, Operations Manager, Financial Analyst |
Opportunities | Accenture, Infosys Limited, EY, HDFC Bank, Amazon.com Inc, Wipro Technologies Ltd |
MBA Latest Updates:
MBA full form is Master of Business Administration, the course aims to comprehend the global perspective, which is crucial in an interconnected world of today by equipping exhaustive knowledge of management and principles to students. The average MBA fees are in the range of INR 3 - 10 LPA. The MBA course duration is two years which is divided into four semesters. The MBA syllabus and subjects cover topics like marketing, entrepreneurial learning, organizational behavior, human resource management, etc.
MBA Admission requires students to have a bachelor's degree with a minimum of 50% of total marks and above from a recognized university and qualifying entrance exams such as CAT, XAT, MAT, SNAP, etc., depending on the college requirement. The MBA job scope is filled with a wide range of roles such as marketing managers, business executives, human resource managers, business analysts, etc., depending on the specialization chosen by the student.
Table of Contents
When students decide to pursue an MBA course they should research about course details to ensure that they are aware of the course they are enrolled in. Some of the common queries that students encounter are, "Why MBA", "What is MBA course?" and "What is the scope of MBA courses"?
To get the answers, we have broken them down into the following pointers :
Read More: MBA Jobs, Scope and Placements
MBA courses offer students opportunities to be specialized in various domains such as marketing, finance, supply chain, etc according to their field of interest. Below mentioned are points regarding who should pursue an MBA course:
MBA Eligibility criteria are standard for most colleges. The basic MBA eligibility criteria are listed below:
MBA Admission Process | MBA Entrance Exams |
Admissions to the MBA courses can be done through both online and offline methods. MBA admission is also available from the website or by directly visiting the college's admissions office.
Below are some details regarding the MBA requirements for admission in general:
Direct Admission in MBA without Entrance Exam | Direct Admission In MBA Colleges |
Given below is the admission process for different universities around the country:
IGNOU MBA Admission | SRM MBA Admission |
YCMOU MBA Admission | DU MBA Admission |
Madras University MBA Admission | IIT MBA Admission |
Read More: MBA Admission
Owing to the high demand for MBA, various types of MBA have emerged, each focusing on a distinct sort of student. Working individuals or those engaged in some kind of employment can pursue an Executive MBA, a Distance MBA, or an Online MBA.
Different types of MBA courses are available in various specializations such as MBA HR, MBA Finance, MBA IT, etc. The various types of MBA qualification are mentioned below:
E MBA full form is Master of Business Administration, the course is designed for professionals with significant work experience. The duration of the Executive MBA is 1 year. The Executive MBA course is helpful for Managers, Entrepreneurs, Technocrats, and other Business Leaders and strongly emphasizes teamwork and achieving a common goal.
Read More: Executive MBA
MBA Distance Education is a two-year postgraduate management correspondence program that are most suitable for students who cannot pursue a regular MBA. The duration of a Distance MBA is 2-5 years. An MBA from IGNOU is one of the most popular Distance MBA courses in India.
Read More: Distance MBA
The Online MBA is a UGC-approved part-time program course offered by Indian and Foreign Business Schools for students wishing to study MBA for professionals and students who do not wish to pursue a regular full-time 2-year MBA. The duration of an Online MBA is 1 to 4 years.
Read More: Online MBA
One-year MBA courses are designed for professionals who don't want to leave their jobs to pursue an MBA. A one-year MBA program is suitable for candidates who wish to study the MBA for working professionals and do not wish to pursue a full-time 2-year residential MBA degree.
Read More on Different Types of MBA Courses
An aspirant's ranking in the entrance exams determines their admission to the top MBA colleges in India. MBA entrance exam are conducted at the national, state, and institute levels. Some of the main MBA exam are listed below:
MBA Entrance Exams | Registration Details |
CAT | CAT Application Form |
MAT | MAT Application Form |
XAT | XAT Application Form |
NMAT | NMAT Application Form |
CMAT | CMAT Application Form |
GMAT | GMAT Application Form |
TANCET | TANCET Application Form |
MAH CET | MAH CET Application Form |
An applicant who wants to pursue an MBA course can gain admission to the university of their choosing by passing certain entrance exams held at the state level. The following is a list of state MBA entrance exam:
SL No. | State | MBA Entrance Exam |
1 | Telangana | TS ICET |
2 | Maharashtra | MAH CET |
3 | Andra Pradesh | AP ICET |
4 | West Bengal | JEMAT |
5 | Rajasthan | RMAT |
6 | Karnataka | KMAT |
7 | Himachal Pradesh | HPCMAT |
8 | Madhya Pradesh | MP MBA |
9 | Tamilnadu | TANCET |
The entrance exams are the gateway to getting admission to top institutions; the standard pattern for the entrance exam is listed below:
The MBA syllabus for entrance exams will help the candidates to prepare exam by delivering the necessary knowledge and information about the exam pattern. The syllabus of the popular MBA exams is given below :
Read More: MBA Entrance Exams
There are more than 6,500 business schools for MBA courses in India. The average MBA fees in India range from 3 LPA to 10 LPA. Listed below is the MBA fee structure of top colleges:
Sl. No. | Name of the Institute | Total Fee Structure |
Admission Fees |
Miscellaneous Fees |
1. | NMIMS Mumbai | INR 10 LPA | INR 10,000 | INR 25,000 PA |
2. | SIBM Pune | INR 9.5 LPA | INR 10,000 | INR 1 LPA |
3. | Chandigarh University | INR 2 LPA | INR 5,000 | INR 21,500 PA |
4. | Welingkar College Mumbai | INR 5 LPA | - | INR 90,000-1.5 LPA |
5. | Amity University | INR 6 LPA | INR 10,000 | INR 1.2 LPA |
Students have the option of studying in the integrated BBA MBA course. This ensures that students gain ample knowledge and techniques related to management. Below mentioned are integrated MBA course details:
Eligibility | 10+2 graduation in the relevant subject from a recognized board with a minimum of 50% marks. |
Integrated BSc Course Duration | 5 years |
Average Fees | INR 1 - 17 LPA |
Top Colleges | IIM Indore, IIM Rohtak, XUB Bhubaneswar, SRM Kanchipuram, NU Ahmedabad, etc. |
Read More: Integrated MBA Courses
There are various options for MBA courses, and graduates can pursue them according to their professional needs. There is a wide range of MBA specializations for students to choose from. Listed below are the top MBA courses list and details about various specializations:
Read More: Top 7 MBA Specializations in India
After the MBA exams (entrance based) the MBA cutoffs are released for every college. The MBA cutoff details are mentioned in the batch profile, the category, and specialization-wise rankings. The batch profile of Master of Business Administration degree program includes various factors such as the student's academic background, average age, and more.
Below is the list of best MBA colleges in India along with their cut-off for admission:
College Name | Cutoff |
IIM Ahmedabad | 80 percentile |
IIM Bangalore | 85 percentile |
IIM Calcutta | 80 percentile |
IIM Lucknow | 90 percentile |
IIT Kharagpur | 90 percentile |
IIM Kozhikode | 85 percentile |
IIM Indore | 90 percentile |
IIT Delhi | 90 percentile |
MBA full form is Master of Business Administration and it is one of the most sought-after courses in India that is opted for by many students right after they complete their Bachelor's. Many working professionals also complete their MBA qualification as it helps them improve their chances of growth in their careers.
Listed below are the best MBA Colleges in India as per NIRF Ranking along with the MBA course Fees:
NIRF Ranking | Institution | Average Fees (INR) |
1 | IIM Ahmedabad | 15 LPA |
2 | IIM Calcutta | 15 LPA |
3 | IIM Bangalore | 15 LPA |
4 | IIM Indore | 15 LPA |
5 | XLRI Jamshedpur | 5 LPA |
6 | FMS Delhi | 5 LPA |
7 | IIM Kozhikode | 15 LPA |
8 | SIBM, Pune | 15 LPA |
9 | IIT Delhi | 1 LPA |
10 | NITIE, Mumbai | 15 LPA |
Read More: Top 10 MBA Colleges in India
The table below lists the top MBA colleges in Bangalore:
S.No | College Name |
1. | KJC |
2. | DSCMIT |
3. | CMR University |
4. | BMS College of Engineering |
5. | NSB Academy |
6. | T John College, Bangalore |
7. | SJIM |
8. | The Oxford College of Engineering |
9. | RCM |
10. | CMRIT |
Read More: Top MBA Colleges in Bangalore
The table below lists the top MBA colleges in Pune:
S.No | College Name |
1. | SCMHRD |
2. | IMED |
3. | National Insurance Academy |
4. | BIMM |
5. | RIIM |
6. | SIDTM |
7. | BIMHRD |
8. | MITCOM |
9. | Sinhgad Business School |
10. | DYPIMR |
Read More: Top MBA Colleges in Pune
The table below lists the top MBA colleges in Delhi:
S.No | College Name |
1. | Faculty of Management Studies |
2. | IIFT |
3. | IMI |
4. | JMI |
5. | Amity University |
6. | University of Delhi (FMS) |
7. | GD Goenka University |
8. | Asian Business School |
9. | KR Mangalam University |
10. | Delhi school of Business |
11. | Sharda University |
12. | AKGIM, Delhi |
Read More: Top MBA Colleges in Delhi
The table below lists the top MBA colleges in Mumbai:
S.No | College Name |
1. | SJMSOM IIT Bombay |
2. | NITIE |
3. | SPJIMR |
4. | NMIMS |
5. | KJ Somaiya Institute of Management |
6. | Amity University |
7. | NIM |
8. | BITS School of Management |
9. | Kaizen School of Management |
10. | NAMS |
11. | TIMSR |
Read More: Top MBA Colleges in Mumbai
The table below lists the top MBA colleges in Hyderabad:
S.No | College Name |
1. | NMIMS |
2. | CMRCET |
3. | Woxsen University |
4. | St. Joseph’s Degree College and PG College |
5. | ICFAI Business School |
6. | CBIT |
7. | Engineering Staff College of India |
8. | Amjad Ali Khan College of Business Administration |
9. | VVISM |
10. | DMBS |
Read More: Top MBA Colleges in Hyderabad
The table below lists the top MBA colleges in Chennai:
S.No | College Name |
1. | LIBA |
2. | Anna University |
3. | XIME |
4. | BIHER |
5. | RSB |
6. | MOP Vaishnav College for Women |
7. | Easwari Engineering College |
8. | National Institute of Business |
9. | SSNCE |
10. | NICM |
Read More: Top MBA Colleges in Chennai
The table below lists the top MBA colleges in Kolkata:
S.No | College Name |
1. | IIM Calcutta |
2. | BIMS |
3. | Amity University |
4. | Adamas University |
5. | Brainware University |
6. | SVIMCS |
7. | Praxis Business School |
8. | CIMS |
9. | University of Calcutta |
10. | MAKAUT |
Read More: Top MBA Colleges in Kolkata
The table below lists the top MBA colleges in Ahmedabad:
S.No | College Name |
1. | IIM Ahmedabad |
2. | MICA |
3. | Nirma University |
4. | Silver Oak University |
5. | IBS |
6. | Ganpat University |
7. | Narayana Business School |
8. | Indus University |
The table below lists the top MBA colleges in Indore:
S.No | College Name |
1. | IIM Indore |
2. | Jaipuria Institute of Management |
3. | SAGE University |
4. | Prestige Institute of Management and Research |
5. | Medi-Caps University |
6. | IPS Academy |
Given below are more MBA colleges in popular cities that the students can choose to enroll in:
Various private colleges in India offer MBA degree with average MBA course fees in the range of INR 2-15 LPA. These best MBA colleges in India are known for their quality programs and reputation which is reflected in their rankings. The table below contains the best private MBA colleges in India:
Read More: Top Private MBA Colleges in India
The government college for MBA in India are the most popular among students and is considered the best in terms of ROI and placements. Candidates can find the list of top government MBA colleges in India mentioned below in the table:
SI.No | College Name |
1. | Aligarh Muslim University |
2. | Bangalore University |
3. | University of Delhi |
4. | Pondicherry University |
5. | Jamia Millia Islamia, New Delhi |
6. | IIM Ranchi |
Read More: Top Government MBA Colleges in India
Below are the best MBA colleges in India across various states:
IIT MBA courses are one of the best MBA choices in India. In addition to IIMs, various IITs in India also offer MBA courses. The MBA course duration at IIT is 2 years. The table below lists the top IIT MBA colleges along with the IIT MBA Fees in India.
NIRF Management Rankings |
College Name |
Fees (INR) |
5 |
2.20 LPA |
|
9 |
82,679 PA |
|
10 |
2.28 LPA |
|
13 |
2.05 LPA |
|
14 |
2.14 LPA |
|
16 |
2.43 LPA |
|
30 |
2.22 LPA |
The IIMs in India are the pioneers of Business Management courses in India. The Management courses at IIM are PGP, equivalent to MBA, PGDM, and Executive MBA. The MBA course at IIM is 2 years. IIMs also have courses that are short certification courses. The table below lists the top IIM colleges in India along with the average IIM MBA fees:
NIRF Management Rankings 2022 | College Name | IIM MBA Fees (Average) |
1 | IIM Ahmedabad | 20 Lakhs |
2 | IIM Bangalore | 20 Lakhs |
3 | IIM Calcutta | 20 Lakhs |
4 | IIM Kozhikode | 15 Lakhs |
6 | IIM Indore | 15 Lakhs |
7 | IIM Lucknow | 15 Lakhs |
15 | IIM Raipur | 12 Lakhs |
17 | IIM Trichy | 12 Lakhs |
18 | IIM Udaipur | 12 Lakhs |
21 | IIM Ranchi | 13 Lakhs |
23 | IIM Shillong | 13 Lakhs |
28 | IIM Rohtak | 13 Lakhs |
33 | IIM Kashipur | 10 Lakhs |
40 | IIM Nagpur | 10 Lakhs |
61 | IIM Sambalpur | 10 Lakhs |
67 | IIM Amritsar | 10 Lakhs |
Also Read: Top Non IIM MBA Colleges In India
The best MBA colleges in India are listed below as per MHRD-NIRF rankings 2021. These colleges are known for their best MBA courses. Also mentioned are the average CTC offers made during the latest on-campus MBA placements.
MHRD-NIRF Ranking 2021 | MBA Institute | Average CTC 2021 (INR) |
1 | IIM Ahmedabad | 26.12 LPA |
2 | IIM Bangalore | 26.18 LPA |
3 | IIM Calcutta | 29.00 LPA |
4 | IIM Kozhikode | 22.50 LPA |
5 | IIT Delhi-DMS | 22.69 LPA |
6 | IIM Indore | 23.60 LPA |
7 | IIM Lucknow | 26.00 LPA |
8 | XLRI Jamshedpur | 25.08 LPA |
9 | IIT Kharagpur-VGSOM | 18.44 LPA |
10 | IIT Bombay-SJMSOM | 21.96 LPA |
11 | MDI Gurgaon | 22.05 LPA |
12 | NITIE Mumbai | 20.88 LPA |
13 | IIT Madras-DOMS | 14.38 LPA |
14 | IIT Roorkee-DOMS | 10.58 LPA |
15 | IIM Raipur | 15.20 LPA |
There are several other colleges across the country that provides one of the best MBA courses. The MBA duration in India for these colleges is usually two-three years. The MBA courses list and details are discussed thoroughly below.
MBA full form is Master of Business Administration, the course can be pursued through both full-time and distance mode. For distance MBA IGNOU is considered one of the prominent colleges in India. Some of the salient features of the MBA degree through IGNOU are:
The eligibility for the course is that the students must have passed a bachelor's degree of a minimum 3 years duration with at least 50% marks (45% in case of candidates belonging to the reserved category).
Read More: IGNOU MBA
MBA course is the two-year flagship programme of SJMSOM, IIT Bombay that seeks to develop managers for an integrated understanding of all business functions.
The eligibility for the IIT Bombay MBA includes:
Read More: IIT Bombay MBA
IIT Delhi offers a full-time MBA degree with five specializations in its Department of Management Studies that deal with the core functionalities of Management studies and provides adequate knowledge of business administration to students. The MBA duration at IIT Delhi is for Two years which is divided into 4 semesters. In addition, it offers a three-year executive MBA course.
The MBA eligibility for IIT Delhi includes:
Read more: DMS IIT Delhi (MBA)
BITS PILANI offers a full-time MBA course on Business Analytics which covers several studies related to analytics for various business operations and also provides in-depth knowledge of various functions in management and business administration. The MBA duration at BITS PILANI consisted of Two years which is divided into 4 semesters.
The eligibility for BITS PILANI MBA includes:
Read more: Department of Management, [BITS] Pilani
NMIMS School of Business Management offers one of the best MBA courses in India in full-time mode with several specializations. The MBA duration at NMIMS is for Two years which spans over 4 semesters. The NMIMS MBA course covers all the important aspects of business management and administration.
The eligibility for NMIMS MBA includes:
Read more: NMIMS MBA
NMIMS Distance MBA |
Tata Institute of Social Sciences offers a full-time MBA. The MBA duration at TISS is for Two years which is divided into 4 semesters. The course is designed to impart in-depth knowledge and core insights into all the important functionalities of management studies.
The eligibility for TISS MBA includes:
Read more: TISSNET 2023
The course focuses on studying finance and human resources and management and marketing strategies. The course covers various aspects, such as study, testing, sales, consulting, administration, and distribution. It combines a range of management and analysis skills and business strategies.
The MBA subjects are as follows:
Read More: MBA Syllabus and Subjects
MBA full form is Master of Business Administration, the course develops theoretical concepts and focuses on developing technical knowledge. Apart from MBA, there are other postgraduate courses in various disciplines that candidates can pursue upon completing their undergraduate. Below is a list of comparisons of MBA to other postgraduate courses.
The table below contains the differences between PGDM and MBA:
Parameter | PGDM | MBA |
Full Form | Post Graduate Diploma in Management | Master of Business Administration |
Discipline | Management | Management |
Duration | 2 years | 2 years |
Eligibility | Minimum of 50% of total marks in UG | Minimum of 50% of total marks in UG |
Average Fees | INR 3 - 12 LPA | INR 3 lakhs - 10 LPA |
Top Institutes | IIMs, IMI, SP Jain | IIMs, XMRI, FMS |
Read More: PGDM vs MBA
The table below contains the differences between MBA and MCA:
Parameter | MBA | MCA |
Full Form | Master of Business Administration | Master of Computer Applications |
Discipline | Management | Computer Science |
Duration | 2 years | 3 years |
Eligibility | Minimum of 50% of total marks in UG | Minimum of 45-50% of total marks in UG |
Average Fees | INR 3 lakhs - 10 LPA | INR 30,000 - 2.4 LPA |
Top Institutes | IIMs, XMRI, FMS | NIT Rourkela, Jamia Millia, Pune University |
Read More: MBA vs MCA
The table below contains the differences between MBA and M.Com:
Parameter | MBA | M.Com |
Full Form | Master of Business Administration | Master of Commerce |
Discipline | Management | Commerce |
Duration | 2 years | 2 years |
Eligibility | Minimum of 50% of total marks in UG | Minimum of 50% of total marks in UG |
Average Fees | INR 3 lakhs - 10 LPA | INR 5000 - 1 LPA |
Top Institutes | IIMs, XMRI, FMS | Lady Shri Ram College, Hindu College Delhi, Loyola Colleg Chennai |
Read More: MBA vs M.Com
Given below are some of the differences between CA and MBA course:
Parameter | CA | MBA |
Duration of Study | 4 - 4.5 years | Two years combined with an internship period. |
Fees | INR 2 Lakhs | INR 15 Lakhs |
Eligibility | 50% in 10+2 commerce and should clear the CPT exam | 50% in any undergraduate stream and should remove the CAT exam |
Governing Body | ICAI (Institute of Chartered Accountants India) | UGC (University of Grants Commission) |
Domain of Study | Finance, Accounts, Internal Auditing, Taxation and | Business Management, Business Development, and Human Resources |
Levels of examination |
Level 1 - CPT Exam, Level 2 - IPCC Exam, Level 3 - CA Final |
CAT/MAT/GMAT |
Practical Exposure Offered | Articleship | Mandatory internships for six months. |
Career Options | Internal Auditing, Accounts, Finance, Banking, etc | HR, Marketing, Sales, Finance, Data Analytics, etc |
Read More: CA vs MBA
Given below are some of the differences between MBA and MTech course:
Parameter | MBA | MTech |
Full Form | Master of Business Administration | Master of Technology |
Discipline | Management | Science |
Duration | 2 years | 2 years |
Eligibility | Minimum of 50% of total marks in UG | 50% in BE or BTech with relevant entrance exam. |
Average Fees | INR 3 lakhs - 10 LPA | INR 1 LPA - 10 LPA |
Top Institutes | IIMs, XMRI, FMS | IIT Bombay, IIT Madras, IIT Delhi |
Read More: MBA vs MTech
Given below are some of the differences between the MIM and MBA courses:
Parameter | MBA | MIM |
Full Form | Master of Business Administration | Masters in Management |
Discipline | Management | Management |
Duration | 2 years | 2 years |
Eligibility | Minimum of 50% of total marks in UG | Minimum of 50% of total marks in UG |
Average Fees | INR 3 lakhs - 10 LPA | INR 2-5 LPA |
Top Institutes | IIMs, XMRI, FMS | Manipal Institute Of Management, ISB Hyderabad, IIM Indore |
Read More: MIM vs MBA
Online MBA vs Distance MBA | MBA vs LLM | MBA vs M.Sc |
MBA course offers extraordinary job scope in diverse sectors, including sales, marketing, institutions, automobile, banks, and more. After completing the master's degree program, the aspirant can pursue different kinds of courses, which will increase his credibility in the corporate world and strengthen their CV.
Below is a list of courses after MBA graduates can pursue:
The average salary depends on many factors like the company's policy, the capabilities of the individuals, the knowledge and expertise of the aspirants, and many more. The average MBA salary range is INR 4 - 15 LPA. It goes without saying that pursuing MBA in India is going to reward graduates with a very fruitful career and promising salary.
Read More: MBA Salary
As India is on its way toward development and growth, it offers a variety of jobs in diverse fields. With ongoing infrastructural, agricultural, industrial, and various other government projects being executed, there are great jobs for MBA graduates. Aspirants pursuing an MBA course take up jobs in various private and public organizations' decisions.
Read More: Career Options and Courses after MBA
Some of the top recruiting companies in India are:
In India, there are numerous MBA scholarships available for students. Here is a list:
MBA qualification helps graduates to develop a certain set of skills that are applied in the professional world which helps them in excelling at their jobs. Listed below are the skills that make the graduates professionally sound and knowledgeable:
Read More about Top MBA Skills
Other Popular PG Courses | |
MA | MCA |
M.Sc | MD |
MTech | MSW |
PGDCA | M.Phil |
MIM | PGDM |
MPT | MPA |
Can I do MBA after 12th?
It is not possible to join an MBA program immediately after the 12th. One must complete a graduation course and obtain an undergraduate degree before applying for an MBA program.
Which MBA has more scope?
It is wise to choose an MBA specialization based on the interest level of an individual. Most students opt for finance or marketing, followed by global operations, Human Resource Management, and Retail Management, among others.
What is the minimum CAT score to join an MBA course in IIM?
The candidates require a minimum 90 CAT Score for MBA admission to IIM.
What is the MBA course duration?
The duration of a full-time MBA course is two years.
What is the full form of MBA?
MBA full form is Master of Business Administration.
What are the benefits of MBA course?
Taking an MBA degree has several advantages, including greater leadership abilities, expanded career options, higher earning potential, and a priceless professional network.
What jobs can I get after doing MBA?
MBA is a diverse degree that offers various specializations, a graduate can work as a marketing manager, business consultant, HR manager, etc., according to the MBA specialization chosen.
Which are the most pursued MBA branches?
MBA has various branches, but the main ones are Finance, Marketing, Human Resource, Operations, and Information Technology. Each branch has its own unique curriculum and career opportunities.
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