MBA: Course Details, Fees, Courses List, Admission, Eligibility
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.
MBA Course Details
| 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:
- March 27, 2023: Admission is open at ISMS Pune for MBA & PGP Program. Read More
- March 27, 2023: Admission is open at JIIT Noida for UG & PG courses 2023-2025, the last date to apply is May 31, 2023. Read More
- March 27, 2023: IIM Lucknow launches an MBA program in Entrepreneurship and Innovation, the last date to apply is March 31, 2023. Read More
What is MBA Course all about?
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
- Why Choose MBA Courses?
- Who Should Pursue a Master of Business Administration Course?
- MBA Eligibility Criteria
- MBA Admission Process
- Types of MBA Courses
- MBA Entrance Exam
- MBA Fee Structure
- Integrated MBA Courses
- MBA Specializations
- MBA Cutoff
- Top MBA Colleges in India
- Best MBA Colleges in India Placement Wise
- Syllabus and Subjects for MBA
- MBA Course Comparison
- Courses After MBA
- Salary of an MBA Graduate
- Career Options After MBA
- Top Recruiting Companies
- MBA Scholarships
- Skills To Excel
Why Choose MBA Courses?
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 :
- An MBA course focuses on imparting various business principles to graduates, including marketing, accounting, finance, and economics.
- MBA course covers diverse core areas such as human resources, economics, finance, statistics, technology, and information system, which provides better opportunities to expand their knowledge and develop strong networking skills.
- In India, there is a promising job market for MBA graduates. An MBA graduate in India can expect to earn an average income of roughly INR 20 lakhs annually, with the maximum compensation reaching INR 70 lakhs annually, according to a report by the Indian School of Business (ISB).
- According to research by the Bureau of Labor Statistics, employment in management occupations, which includes positions frequently held by MBA graduates, is expected to increase by 5% between 2019 and 2029. This shows that there is a significant need for management experts because it is quicker than the average growth rate for all occupations.
- The graduates have multiple choices to pursue their careers in diverse sectors like education, information technology, fashion, digital marketing, and much more.
- As a result of the government's focus on programs like Make in India, Digital India, and Startup India, there is also a demand for management experts who can propel the development of these industries.
Read More: MBA Jobs, Scope and Placements
Who Should Pursue a Master of Business Administration Course?
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:
- Students who want to work in leadership positions in the business world should think about getting an MBA.
- An MBA program can be useful for those who want to launch their own firm. The course equips students with the knowledge and abilities needed to successfully launch and operate a business.
- People with non-business backgrounds who are looking to develop their professions, such as engineers or healthcare professionals, may benefit from obtaining an MBA because the program will give them the business skills they need to increase their career options.
MBA Eligibility Criteria
MBA Eligibility criteria are standard for most colleges. The basic MBA eligibility criteria are listed below:
- Applicants must have completed their bachelor's degree in any related discipline with a minimum of 50% of total marks and above from a recognized university.
- Applications who are pursuing the final year of their bachelor's degree are eligible to apply for the course on a provisional basis.
- Students must give the appropriate MBA entrance exam for admission such as CAT, XAT, SNAP, etc.
- MBA age limit: There is no upper age limit to enroll in the course.
| MBA Admission Process | MBA Entrance Exams |
MBA Admission Process
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:
- MBA eligibility requirements for admission differ based on the institution, either through entrance exam scores or on a merit basis. Reputed institutions rely on the admission process based on merit. In addition to nationwide entrance exams such as CAT, CMAT, etc., various states hold their own management admissions test for MBA admission.
- Some of the best state-level exams include MAH CET, OJEE, TANCET, APICET, KMAT, etc. It is vital that students invest in MBA books when thinking about pursuing the course as it will help the students obtain admission to the top colleges
- After completing the entrance test and the announcement of the results, universities and colleges will announce their cut-offs to begin the admissions process.
- Once the merit list is published, candidates need to go for GD and Interview Process.
- Upload the necessary documents and pay the fees.
| Direct Admission in MBA without Entrance Exam | Direct Admission In MBA Colleges |
College Wise MBA Admission Details
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
Types of MBA Courses
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:
EMBA
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
Distance 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
Online 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
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
MBA Entrance Exam
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 |
State-level MBA Entrance Exam
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 |
A Quick Glance at the MBA Courses Entrance Exams
The entrance exams are the gateway to getting admission to top institutions; the standard pattern for the entrance exam is listed below:
- The entrance exams will be conducted for approximately 2.5 hours to 3 hours.
- The exam can be conducted online or offline.
- The exam's primary focus is on quantitative ability, data interpretation, verbal reasoning, and grammar.
- Marking Scheme: 4 marks will be given to the candidates for each correct response.
- Negative Marking: For an incorrect answer, one mark will be deducted.
MBA Entrance Exam Syllabus
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 :
- Current Affairs
- Verbal Reasoning
- Reading Comprehension
- Analogies
- Logical Reasoning
- Data Interpretation
- Quantitative Reasoning
Read More: MBA Entrance Exams
MBA Fee Structure
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 |
Integrated MBA Courses
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
MBA Specializations
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
MBA Cutoff
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 |
Top MBA Colleges in India as per NIRF Ranking
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
MBA Colleges in Bangalore
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
MBA Colleges in Pune
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
MBA Colleges in Delhi
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
MBA Colleges in Mumbai
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
MBA Colleges in Hyderabad
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
MBA Colleges in Chennai
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
MBA Colleges in Kolkata
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
MBA Colleges in Ahmedabad
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 |
MBA Colleges in Indore
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 |
Other MBA Colleges In India
Given below are more MBA colleges in popular cities that the students can choose to enroll in:
Top Private MBA Colleges in India
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
Top Government 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
State-Wise Top MBA Colleges in India
Below are the best MBA colleges in India across various states:
IIT MBA
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 |
IIM MBA
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
Best MBA Colleges in India Placement Wise
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.
IGNOU MBA
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:
- AICTE approved Programme
- Offered across pan India and in selected Countries outside India
- Contemporary curriculum and latest study material
- Affordable fee
- Flexible learning
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
IIT Bombay 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:
- Bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of four years of education with at least 60% marks after completing higher secondary schooling (10+2) or equivalent.
- Applicants appearing for the final year of the degree and those who have completed the degree requirements and awaiting results can also apply.
Read More: IIT Bombay MBA
IIT Delhi 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:
- The candidate must have earned a bachelor's degree or an equivalent qualification after completing a minimum of four years of education with a minimum grade point average of 60 percent.
- The candidates should have earned a minimum of 60 percent in their Higher Secondary schooling (10+2).
- Candidates have to appear for the CAT examination and will be selected for admission based on the cut-off marks they have obtained.
Read more: DMS IIT Delhi (MBA)
BITS PILANI 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:
- The candidate must have a bachelor's degree or equivalent qualification with a minimum grade point average of 60 percent from a recognised university
- The candidates need to appear for BAAT which is an MBA entrance exam for getting admitted to the BITS PILANI MBA.
- Based on the overall performance in the entrance exam candidates have to appear for Personal Interview and GD rounds for final selection.
- Candidates are required to have prior work experience and good academic background to enroll in the BITS PILANI MBA.
Read more: Department of Management, [BITS] Pilani
NMIMS MBA
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:
- Candidates are required to have a bachelor's degree or an equivalent with a minimum score of 55-60% from an accredited university.
- Candidates have to appear for the NMAT entrance test and obtain the required cut-off marks.
- For final selection to NMIMS MBA, candidates need to appear for other aptitude rounds such as written exams, group discussions, and personal interview sessions.
Read more: NMIMS MBA
| NMIMS Distance MBA |
TISS 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:
- Candidates need to have a bachelor's degree with a minimum score of 50 percent from a recognised university.
- Candidates are required to appear for the TISSNET entrance exam and acquire the cut-off mark set by the college.
- Candidates are also needed to appear for the GD/PI rounds for the final assessment.
Read more: TISSNET 2023
Syllabus and Subjects for MBA
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.
MBA Subjects
The MBA subjects are as follows:
- Marketing Management
- Financial Management
- Strategic Management
- Legal Aspects of Pharmaceutical Business
- Entrepreneurship
- Human Resource
Read More: MBA Syllabus and Subjects
MBA Course Comparison
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.
PGDM vs MBA
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
MBA vs MCA
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
MBA vs M.Com
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
CA vs MBA
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
MBA vs MTech
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
MIM vs MBA
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 |
Courses After MBA
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:
Salary of an MBA Graduate
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
Career Options After MBA
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
Top Recruiting Companies
Some of the top recruiting companies in India are:
- BG India
- NDSC
- SGC India Private Limited
- Telford International
- Bechtel India Private Limited
- IBM BTO Business Consulting Services
- L&T Infotech
- HCL Technologies
- Capgemini
- Infosys
- Tech Mahindra
- Honeywell
MBA Scholarships
In India, there are numerous MBA scholarships available for students. Here is a list:
- Aditya Birla Group Scholarship
- IMT EWS Scholarship
- OPJEMS (O. P. Jindal Engineering & Management Scholarships)
- IDFC FIRST Bank MBA Scholarships
- PNB Housing Finance Protsahan Scholarship
Skills That Make You The Best MBA Graduate
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:
- Interpersonal skills
- Communication skills
- Digital Marketing
- Problem-solving attitude
- Teamwork
- Creativity
- Critical Thinking
Read More about Top MBA Skills
| Other Popular PG Courses | |
| MA | MCA |
| M.Sc | MD |
| MTech | MSW |
| PGDCA | M.Phil |
| MIM | PGDM |
| MPT | MPA |
Top MBA [Master of Business Administration] Colleges
Top Management Entrance Exams
MBA Fee Structure
FAQs
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.
