The acronym of Master of Business Administration is MBA. It is a post graduate degree course which comes under the management spectrum. The MBA course duration is 2 years with a total of 4 semesters. Bachelors degree from a recognized university with a minimum of 50% or higher are eligible for this course. MBA subjects includes disciplines such as- Human Resource, Management, Finance, Business, and Banking. MBA Jobs are high demand in the business environment since it directly acts in the core of the industry. One with excellent communication and leadership quality along with creative ideas can go for this course.MBA full form is Master of Business Administration
Master of Business Administration[MBA] course fee may vary from universities to universities or colleges based on their standards. The average course fee structure ranges from INR 3 lakhs to 10 lakhs per annum.
MBA salary package varies from specialized field one is working. The average salary for MBA graduates is INR 6.56 lakhs per annum. Skills and experience gained in the industry will also be a factor for high pay. MBA courses offers high opportuntity and rewarding career.
|Full Form||Master of Business Administration|
|Duration||Course Duration of Master of Business Administration [MBA] is 2 Years.|
|Age||No specific age limit|
|Minimum Percentage||50% in Bachelor's Degree|
|Subjects Required||Honours or Graduate's degree recognized by UGC|
|Average Fees Incurred||INR 3 lakhs - 10 lakhs per annum|
|Similar Options of Study||PGDM|
|Average Salary Offered||INR 6.56 lakhs per annum|
|Employment Roles||HR Manager, Marketing Manager, Business Development Manager, Operations Manager, Business Analyst (IT), Senior Business Analyst, Financial Analyst, SAP Consultant, Marketing Executive etc.|
|Placement Opportunities||Accenture, InfoSys Limited, EY (Ernst & Young), HDFC Bank Pvt Ltd, HCL Technologies Ltd., Amazon.com Inc, Wipro Technologies Ltd., Genpact, Cognizant Technology Solutions Corp, Techmahindra Ltd etc.|
Master of Business Administration [MBA],is a professional postgraduate degree in business administration-management. The MBA course duration for full-time is 2 years, which is divided into 4 semesters.
Subjects like Management Theory and Practice, Leadership and Entrepreneurship, Financial Markets, Instruments, and Business & Corporations Law are part of the MBA curriculum. Accreditation bodies, specifically for MBA programs, ensure consistency and quality of education. The course helps build the following in its students:
Opens up global opportunities for career growth. MBA career opportunities are in various employment areas like-
Allows MBA students to start an independent business after graduating. Colleges like Manav Rachna International Institute of Research and Studies, Faridabad, Xavier's Labour Relation Institute, Jamshedpur, Faculty of Management Studies, Delhi are some of the top colleges for MBA in India.MBA Course fees is 3L to 10L per annum.
The MBA syllabus covers various fundamental practices, the dos, and don'ts of the industry while teaching in the students the ethics and practices of the Indian market. The MBA job & scope is vast as the dire need for efficient management of a private firm, or a government sector is ever-increasing. The general expectation of a graduate of an MBA course is the appointment of the individual in a managerial responsibility of the department he/she is hired for.
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|1. IIM Ahmedabad fees||1. IIM Ahmedabad admission|
|2. IIM Bangalore fees||2. IIM Bangalore admission|
|3. IIM Calcutta fees||3. IIM Calcutta admission|
|4. IIM Lucknow fees||4. IIM Lucknow admission|
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|7. IIT Roorkee fees||7. IIT Roorkee admission|
The MBA Full Form is a Master of Business Administration. It is a postgraduate academic degree which is awarded for a course or program in Business Administration. It is one of the most sought-after courses which can be attained by students of any stream. An MBA degree in India is examination-oriented and concentrates on the theoretical aspects of management.
There are 2 types of MBA:
The program is available in various subjects whose material focuses on:
The MBA courses that are provided usually include a thesis component or can even be exclusively research-based. The course strengthens the theoretical, analytical and applied knowledge base of Business Administration. The MBA degree originated in the United States in the early 20th century when the country industrialized and companies sought scientific approaches to management.
The core courses in an MBA program cover various areas of business such as
The MBA Syllabus also includes elective courses that enable the student to pick a subject of their choice. Business schools in many countries offer programs tailored to full-time, part-time, executive (abridged coursework typically occurring on nights and weekends) and distance learning.
|Top Trending MBA Courses|
|⭐MBA Marketing||⭐MBA Finance||⭐MBA Hotel Management|
|⭐MBA Business Analytics||⭐MBA HR||⭐MBA Healthcare Management|
|⭐MBA Operations Management||⭐Executive MBA||⭐MBA Supply Chain Management|
|⭐MBA Hospital Management||⭐MBA Digital Marketing||⭐MBA Information Technology|
Master of Business Administration [MBA] is one of the most sought out courses in the world. Not only do MBA graduates have more significant job opportunities but also they get paid more. Account Manager, Management Consultant, IT Services Marketing Head, Relationship Manager are some of the most lucrative MBA job types for after the completion of the course.
Internship in some of the Management and Financially oriented companies are some of the fruitful experiences for an MBA Aspirant. The course enables the students to network effectively. During an MBA, they get to interact with a lot of professionals who will be of great help in their future careers.
In India, the following courses under the broad spectrum of Master of Business Administration [MBA] are followed in their curriculum:
|MBA Courses List|
|Executive MBA||MBA Hotel Management|
|MBA Agribusiness||MBA HR|
|MBA Airline Management||MBA Information Technology|
|MBA Airport Management||MBA Interior Design|
|MBA Aviation Management||MBA International Business|
|MBA Banking and Finance||MBA Logistics|
|MBA Banking||MBA Logistics Management|
|MBA Biotechnology||MBA Marketing|
|MBA Business Analytics||MBA Materials Management|
|MBA Business Economics||MBA Operations Management|
|MBA Data Analytics||MBA Pharmaceutical Management|
|MBA Data Science||MBA Project Management|
|MBA Data Science and Data Analytics||MBA Retail Management|
|MBA Digital Marketing||MBA Safety Management|
|MBA Entrepreneurship||MBA Sales and Marketing|
|MBA Event Management||MBA Sports Management|
|MBA Fashion Designing||MBA Supply Chain Management|
|MBA Finance||MBA Systems Management|
|MBA Financial Management||MBA Tourism|
|MBA Healthcare Management||MBA Tourism and Hospitality Management|
|MBA Hospital Administration||MBA Travel and Tourism|
|MBA Hospital Management|
The aspirants of Master of Business Administration [MBA] have to prepare for a series of gruelling examinations to prove their credentials and gain admission into the top MBA colleges in the nation by dint of merit:
Common Admission Test: CAT is the important exam conducted by the Indian Institute of Management(s) [IIMs) and is preferred as the qualifying exam by most top management institutes and B-schools in India.
Xavier Aptitude Test: Final year students and students with Bachelor's degrees can apply for the XAT exam, conducted by the Xavier School of Management.
Graduate Management Aptitude Test [GMAT]: Conducted by the Graduate Management Admission Council [GMAC], the GMAT exam is the qualifying examination for admission into colleges governed by GMAC.
Common Management Admission Test [CMAT]: Conducted by the All India Council for Technical Education [AICTE], the CMAT exam is widely accepted as a qualifying exam by a large number of government-sponsored management and business institutes in India.
Management Aptitude Test [MAT]: Conducted by the All India Management Association [AIMA], MAT exam is also considered as a hallmark for admission into government colleges and universities in courses such as MBA.
Apply for Top MBA Colleges
Also Read: What to do After MBA
Here are a few common preparation tips candidates should follow to clear the MBA entrance exam for Master of Business Administration [MBA]; they are:
Knowledge of the exam paper pattern: The paramount step in preparing well for the entrance exam is a deep-rooted understanding and comprehension of the paper pattern and the syllabus.
Effective time management: Focus points should be kept in mind, with particular emphasis on weaker subjects and the daily practice of numerical problems. A timetable should be drawn and the candidate should follow the timetable with dedication and diligence.
Enrolling in coaching institutes: A coaching class or a tutor especially for clearing the entrance exam is a bonus as the teacher will help a candidate to focus on weaker zones and will aid in practice and comprehension of topics.
Practice makes perfect: Candidates should practice and revise before the exam so that it reduces the unnecessary pressure one day before the examination.
The core and elective subjects followed in the curriculum of the Master of Business Administration [MBA] course are listed below. While the subject list may vary from college to college, the crux of the subject composition remains the same for most colleges in India.
|Sl.No.||MBA Core Subjects|
|1||Management Theory and Practice|
|3||Accounting and Financial Management|
|Plus four of the following restricted electives|
|8||Human Resource Management|
|10||Leadership and Entrepreneurship|
|11||Management of Change|
|12||Managing for Sustainability|
The elective subject list listed in the MBA curriculum is as follows:
|Sl.No.||MBA Elective Subjects|
|1||Management Accounting for Costs and Control|
|3||Current Developments in Accounting Thought|
|4||Accounting Systems and Processes|
|5||Financial Accounting 2|
|7||Communication in Business|
|10||Financial Markets and Instruments|
|13||Human Resource Management|
|15||International Human Resource Management|
|16||Advanced Studies in Industrial Relations|
|17||Strategic Human Resource Development|
|19||Training and Development Environment|
|20||ICT Project Management|
|21||IT Infrastructure Management PG|
|22||IT Management Issues|
|23||IT Risk Management|
|24||ICT Project Management|
|25||IT Management Issues|
|26||IT Risk Management|
|27||Business and Corporations Law|
|29||Leadership - A Critical Perspective|
|30||Management of Change|
|31||Managing for Sustainability|
|33||Managing Project and Service Innovation|
|35||Integrated Marketing Communications|
The average MBA course fees in India varies in the range of INR 3 lakhs-10 lakhs per annum. This amount may vary depending on the prestige and position of the institute concerned, the infrastructure, faculty as well as government quotas.
The course syllabus followed by the Master of Business Administration [MBA] curriculum throughout the 2-year course is as follows. While this syllabus may vary slightly as per university, the core of the syllabus is maintained.
|MBA Syllabus- Semester 1|
|1||Finance for Non-Finance|
|2||Joy of Management|
|5||Marketing and Consumer Behaviour|
|6||Excel Spreadsheet Modelling|
|8||Marketing of Products and Services|
|9||Financial Reporting and Analysis|
|10||Business Research Methodology|
|12||Macro Economics & Policy|
|13||Business Communication & Presentation Skills|
|MBA Syllabus- Semester 2|
|1||Costing Products and Services|
|2||Synthesizing and Analyzing Data using R|
|3||Managing Operations and Supply Chain|
|4||Human Resource Management|
|5||Indian Banking and Financial Markets|
|6||Indian Economy in the Global Context|
|7||Managing Stakeholders and Legal Processes|
|8||Managing Financial Resources|
|9||Bringing Ideas to Market|
|12||Data Science Using R and Python|
|MBA Syllabus- Semester 3|
|1||Management of Design|
|2||Business Model and Intellectual Property|
|3||Leveraging IT for Business|
|4||Corporate Governance and Social Responsibility|
|5||Analysing and Mitigating Risk|
|6||Applied Business Research|
|7||Problem Solving and Consulting Skills|
|MBA Syllabus- Semester 4|
|2||Ethics and Indian Ethos|
|3||Integrated Decisions Making|
|5||Applied Business Research Project|
Candidates who have passed an Honors or a Bachelor's degree from any university recognized by UGC with 50% or equivalent are eligible to apply for the Master of Business Administration [MBA]. Final year students awaiting their results are also available. The basic eligibility of passing 10+2 secondary and higher secondary schooling with the minimum percentage required is mandatory.
It's mandatory for students to appear in the entrance exam like
The admission procedure starts in the second week of March. Candidates have to take MBA Entrance Exams like GMAT, CAT, XAT, etc and the cumulative score is taken for the admission process.
There will be three rounds further for the selection into a university which are:
The various specialization options available to a student pursuing a Master of Business Administration [MBA] degree are:
|1||MBA in Human Resource Management|
|2||MBA in Marketing|
|3||MBA in Finance|
|4||MBA in Information Technology|
|5||MBA in International Business|
|6||MBA in Operations Management|
|7||MBA in Systems Management|
|8||MBA in Financial Management|
|9||MBA in Retail Management|
|10||MBA in Banking|
The various course-wise specialisations of Master of Business Administration [MBA] are:
|MBA Specialization in Finance|
|1||MBA in Finance|
|2||MBA in Corporate Finance|
|3||MBA in Money and Capital Markets|
|4||MBA in Investments Analysis|
|5||MBA in Financial Planning|
|MBA Specialization in Human Resource Management|
|6||MBA in Human Resource Management|
|7||MBA in International Human Resource Management|
|8||MBA in Advanced Studies in Industrial Relations|
|9||MBA in Human Resource Development|
|10||MBA in Information Technology|
|MBA Specialization in (Information Technology) [MBA (InfoTech)]|
|11||MBA in Systems Development Project Management|
|12||MBA in Telecommunications Management PG|
|13||MBA in IT Management Issues|
|14||MBA in IT Risk Management|
|15||MBA in Marketing|
|MBA Specialization in (Marketing) [MBA]|
|16||MBA in Consumer Behaviour|
|17||MBA in Managing Product and Service innovation|
|18||MBA in Marketing Strategy|
|19||MBA in Global Marketing|
|20||MBA in Integrated Marketing Communications|
The various types of job opportunities available for a graduate in Master of Business Administration [MBA] are:
The average course salary offered to a graduate of Master of Business Administration [MBA] is INR 6.56 L per annum. This amount varies as per industry, seniority, experience, and diligence at the workplace.
The top colleges in India to pursue a course in Master of Business Administration [MBA] are as follows:
|SI.No.||Name of the College|
|1||Indian Institute of Management [IIM Ahmedabad]|
|2||Indian Institute of Management [IIM Bangalore]|
|3||Indian Institute of Management [IIM Calcutta]|
|4||Indian Institute of Management [IIM Lucknow]|
|5||Indian Institute of Management [IIM Kozhikode]|
|6||Indian Institute of Management [IIM Delhi]|
|7||Indian Institute of Technology [IIT Kharagpur]|
|8||Indian Institute of Technology [IIT Roorkee]|
|9||XLRI - Xavier School of Management [XLRI Jamshedpur]|
|10||Indian Institute of Management [IIM Indore]|
Source: India Today
The most prestigious distance Master of Business Administration [MBA] colleges in India are:
|Sl. No.||Name of the College|
|1||Indira Gandhi National Open University [IGNOU NewDelhi]|
|2||Symbiosis International University [SIU Pune]|
|3||ICFAI Business School [IBS Hyderabad]|
|4||Sikkim Manipal University [SMU East Sikkim]|
|5||Dr Hari Singh Gour University [DHSGU Sagar]|
|6||Annamalai University Distance Education|
|7||Amity University, Distance and Online Education|
|8||Bharathidasan University [BU] Tiruchirappalli|
|9||Alagappa University Distance Education|
|10||MIT School of Distance Education [MITSDE] Pune|
Program Type: Usually, 2 years full time. One year PGDM is not equivalent to MBA.
Academic Focus: Basic foundation plus practical training keeping up with industry demands.
Cost: Generally, more expensive than a university MBA. SP Jain PGDM costs INR 16 lakhs ($25k) for its full academic fee of two years.
Eligibility: Much like the MBA degree, it too requires an undergraduate degree with a minimum score, group exercises, personal interviews, written ability tests, CAT score. The selection is contingent on a weighted combination of these plus factors like gender and work experience in a managerial role.
Institutes: The Indian Institute of Management [IIMs], XLRI, SP Jain Institute of Management, and more.
The PGPM is not an AICTE recognised diploma or course. It is essentially an award or certification for one year. In that sense, it doesn’t feed into your qualifications towards, say, a PhD. It is also quite flexible and can be designed to suit the needs of the current relevant industry needs.
For instance, Great Lakes offers a PGPM program for one year, geared towards experiential learning, peer participation, and it is taught in collaboration with international faculty.
Eligibility requirements mandate either of GMAT/CAT/XAT/CMAT scores, an excellent academic record from a recognised institution, essays, and a minimum work experience (specified by the school). The Great Lakes PGPM costs about INR 15 lakhs.
Program Type: 2-year Degree course.
Academic Focus: The curriculum, in MBA programs in India, tends to be more technical and theoretical.
Cost: An MBA program, in India, is significantly cheap, especially if directly granted by a university. Affiliated programs are maybe somewhat more expensive but still far more reasonable than international MBA degrees. In any case, an MBA is still cheaper than PGDM. In the interest of clarity, an MBA from the Faculty of Management Studies (University of Delhi), will cost an academic fee of about INR 1,00,000 ($1,500), for the entire program.
Undergraduate from a recognised university, an institution of national importance, or a foreign university with blessings from the Association of Indian Universities [AIU]. Candidates should have secured a minimum score of 50%.
Some form of aptitude test, such as the Symbiosis National Aptitude Test [SNAP], the Common Entrance Test [CET] conducted by the Government of Maharashtra as part of their Centralized Admission Process, or even the scores of CAT, CMAT, GMAT, MAT, XAT, ATMA, etc.
Candidates are well-advised to research the university-specific aptitude testing criteria. Final selection is contingent on success in group exercises, interviews, writing ability test, and previous academic record.
Institutes: Symbiosis Institute of Management (Pune), Faculty of Management Studies (University of Delhi), Mumbai University, Savitribhai Phule Pune University.
Can an MBA be done 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.
Why should we do MBA after B.Tech?
- Managerial expertise, in addition to the technical knowledge of an individual, adds to the market value of an employable graduate. The practical experience of organizing the operations of the various sectors is invaluable to an engineer.
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, Retail Management, among others.
What is the minimum CAT score to join MBA course in IIM?
The candidates require minimum 90 CAT Score for MBA admission in IIM
Eligibility for MBA --students should have more than 50% of marks in graduation from any stream. It is mandatory for a student to appear for one of these entrance exams CAT, MAT, CMAT / XAT with a good percentile.
Admission procedure for PG (Merit-based) courses-
- First, candidates have to register for admission. Applications can be filled through the online process.
-University conduct the personal interview through telephonic.
- A cut-off list has been published after the registration process. Candidates can check the cut-off through the centralized admissions web portal.
- Select your preferences and generate an admission form.
- Candidates have to bring the admission form along with the required documents to the respective college.
- The college verifies the documents and approves the admission on the PG admission portal.
- After admission approval, candidates have to login again and make the online admission fee payment to confirm their admission.
For the pre-preparation test and getting admission in JGBS, I went for MAT and ATMA competitive exams as the university accepts these exam scores.
The basic eligibility to apply for the MBA Program is a minimum of 50% of marks in their undergraduation.
Eligibility for MBA is student should have more than 50% of marks in graduation from any stream. The student must appear for one of these entrance exam CAT, MAT, CMAT / XAT with good percentile.
Admission procedure for PG (Merit-based) courses-