MBA is a two-year postgraduate management course that deals with administering human resources, finance, marketing, sales, customer services. The goal of this course is to produce trained professionals for effective management in this entrepreneurial world. MBA graduates have diverse job opportunities in the airline, fashion, marketing, educational, and information technology.
|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.|
MBA full form is Master of Business Administration. Oxford languages define business administration as "a course of study at a university or college that prepares students for managerial roles in companies or organizations."
MBA duration is two years and suitable for graduates who want to pursue their career as entrepreneurs, business executives, technocrats, and managers. This course is especially for aspirants who want to equip exhaustive knowledge on management and principles. It focuses on various subjects like marketing, entrepreneurial learning, organizational behavior, and human resource management, and much more.
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Aspirants applying for an MBA must have met the eligibility requirements for admission is determined by the institution. MBA eligibility criteria differs according to the institutions, basic eligibility criteria is listed below:
MBA course eligibility requirements for admission differ based on the institution's which can be either through entrance exam scores or through merit basis.Reputed institutions rely on the admission process based on merit. Listed below are the admission process in general:
The aspirants can either apply online or offline. Applicants are expected to apply to the colleges or universities in which they are interested. To be shortlisted for additional rounds of entry, one must score above the minimum qualifying percentile set by the respective college or university.
After the written examination, special group meetings and personal interview rounds are held to prepare the nominees' final merit list. Once all the assessments have been carried out, the colleges or universities shall announce the results and issue a merit list of finally chosen applicants based on a written examination, a group discussion, and a personal interview. Following the admission process, the final allocation of seats to the candidates will occur. The applicant will be expected to pay the course fee and register for the respective academic year.
MBA courses are provided as full-time courses, online MBA, part-time MBA, and Distance MBA. There are various types of MBAs and graduates can pursue according to their professional needs. The working professionals can choose Executive MBA as it adds value to the current designation with an added advantage of shorter course duration. Listed below are top MBA courses:
Other popular MBA specialisations are listed below:
|MBA Courses List|
|MBA in Agribusiness||MBA in Hotel Management|
|MBA in Airline Management||MBA in Interior Design|
|MBA in Airport Management||MBA in International Business|
|MBA in Aviation Management||MBA in Logistics Management|
|MBA in Banking and Finance||MBA Systems Management|
|MBA in Banking||MBA in Materials Management|
|MBA in Biotechnology|
|MBA in Business Analytics||MBA in Project Management|
|MBA in Business Economics||MBA in Retail Management|
|MBA in Data Analytics||MBA in Safety Management|
|MBA in Data Science||MBA in Sales and Marketing|
|MBA in Data Science and Data Analytics||MBA in Sports Management|
|MBA in Entrepreneurship||MBA in Supply Chain Management|
|MBA in Fashion Designing||MBA in Tourism|
|MBA in Financial Management||MBA in Tourism and Hospitality Management|
|MBA in Healthcare Management||Executive MBA|
|MBA in Hospital Administration|
In MBA entrance exams conducted by various bodies, admission to top MBA colleges in India is dependent on the aspirant's ranking. There are multiple forms of entrance exams for the MBA. Some help the aspirants get admission at the national level to universities, some at the state level, and selected institutes conduct some for MBA admissions. Following are the entrance exams conducted at the national and university level for MBA courses:
The entrance exams are the gateway to get admission to top institutions; the standard pattern for the entrance exam is listed below:
Listed below are the top 10 colleges to pursue MBA course:
|8||Symbiosis Institute of Business Management Pune|
|10||National Institute of Industrial Engineering Mumbai|
There are more than 6,500 business schools for MBA courses in India. MBA course fees vary from one institution to another. The average fees ranges from 3 LPA to 30 LPA. Listed below are the fee structure of top MBA colleges:
|NIRF Ranking||Name of Institute||Total Fees Structure|
|1||Indian Institute of Management, IIM, Ahmedabad||INR 23 Lakhs|
|2||Indian Institute of Management, IIM, Calcutta||INR 23 Lakhs|
|3||Indian Institute of Management, IIM, Bangalore||INR 23 Lakhs|
|4||Indian Institute of Management, IIM, Indore||INR. 21 Lakhs|
|5||XLRI-Xavier School of Management, XLRI -XSM, Jamshedpur||INR 23.60 Lakhs|
|6||Faculty of Management Studies in University of Delhi, DU, Delhi||INR 30 Lakhs|
|7||Indian Institute of Management, IIM, Kozhikode||INR 19 Lakhs|
|8||Symbiosis Institute of Business Management, SIBM, Pune||INR 20. 70 Lakhs|
|9||Indian Institute of Technology Delhi, Delhi||INR. 3.50 Lakhs|
|10||National Institute of Industrial Engineering,, Mumbai||INR 4.50 Lakhs|
The MBA course focuses on studying finance and human resource, together with 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.
Read More about MBA Syllabus and Subjects
Listed below are preparation tips for pursuing MBA Course:
MBA course offers extraordinary job scope in diverse sectors that includes sales, marketing, institutions, automobile, banks and much more After completing the Masters’ degree program, the aspirant can pursue different kinds of certification courses, which will increase his credibility in the corporate world and strengthen their CV. Aspirants can also choose to pursue Phd in Management if one has deep affinity towards research and wants to provide real time management solutions.
List of courses MBA graduates can pursue:
MBA is a postgraduate course that trains the students in technical, managerial, and leadership skills. The course helps the graduates acquire business acumen and build a strong professional network to create new opportunities. Let's get to know more about "why choose MBA?" with a few simpler questions.
MBA course in India lasts two years. An MBA course focuses on imparting a variety of business principles to the graduates, including marketing, accounting, finance, and economics. The course focuses on providing a comprehensive set of business management skills that help the graduates offer solutions to business challenges. The Master of Business Administration course aims to sculpt the graduates into entrepreneurs with the individuality to face real-world business problems and develop innovative solutions.
The manager plays a very important role to pursue in an organization. Now let's dive deep into the functions of a manager:
Management: Accomplishing objectives of the company by managing staff, actively planning, and evaluating pls.
Human Resource: The manager also plays an active role in recruiting, orienting, selecting, and training employees.
MBA is one of the most popular courses that give a high scope with lucrative pay and a stronghold of management values:
Growth: MBA course offers extraordinary career growth. The graduates have different career options to pursue based on the specialization. The graduates have multiple choices to pursue their career in diverse sectors like education, information technology, the fashion industry, the digital marketing sector, and much more.
Better Career Opportunities: 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.
Read More about MBA Jobs
The average salary depends on many factors like the company's policy, capabilities of the individuals, the knowledge and the expertise of the aspirants, and many more. The Average Salary ranges from INR 4 LPA to 15 LPA.
Read More about MBA Salary
As India is on its way towards development and growth, it offers a variety of jobs in the diverse field in diverse. With constant infrastructural, agricultural, industrial, and various other government projects being executed, there are ample jobs for MBA graduates. Aspirants who have pursued MBA take up jobs in various private and public organizations' decisions.
Top Recruiting companies:
Skills form the base of any profession. Listed below are the skills that make the graduates professionally sound and knowledgeable:
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
The eligible criteria in college is 75% of marks in any subjects, and the entrance exam marks are required for admission.
I gave the CAT exam for admission.
There is IEMJEE. Through IEMJEE, you can get admission to UEM Jaipur. The minimum criteria is to get admission to UEM Jaipur is 60% marks.