MBA or Master of Business Administration is a two-year, internationally recognized postgraduate management degree that deals with the science of business administration by streamlining organizational processes involving human resources, finance, marketing, sales, and customer services. The MBA course aims to produce trained professionals for effective management in this entrepreneurial world.
Degree | Masters |
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 LPA |
Similar Options of Study | PGDM |
Average Salary Offered | INR 6.56 LPA |
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 Latest Updates:
The MBA full form is Master of Business Administration. Oxford Languages defines business administration as "a course of study at a university or college that prepares students for managerial roles in companies or organizations."
The MBA course duration is 2 years and the course is suitable for people who want to pursue a career in management as entrepreneurs, business executives, technocrats and managers. This course is for aspirants who want to equip exhaustive knowledge of management and principles. It focuses on marketing, entrepreneurial learning, organizational behaviour, human resource management, and much more.
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Aspirants applying for an MBA must have met the eligibility requirements for admission as determined by the institution. MBA eligibility criteria differ according to the institutions. The basic MBA eligibility criteria is listed below:
MBA course 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.
Listed below is the admission process in general:
The aspirants can either apply online or offline. Applicants are expected to apply to the colleges or universities they are interested in. To be shortlisted for additional entry rounds, 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 chosen applicants based on a written examination, a group discussion, and a personal interview. The final allocation of seats to the candidates will follow the admission process. The applicant will be expected to pay the course fee and register for the respective academic year.
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 are available in various specializations such as MBA HR, MBA Finance, MBA IT etc. The various types of MBAs are mentioned below:
Executive MBA is a part-time MBA program designed for professionals with significant work experience. The duration of the MBA in Executive format 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. Executive MBA is the best MBA for professionals who want to take their careers to the next level.
Read More: Executive MBA
One-year MBAs are designed for professionals who don't want to leave their jobs to pursue an MBA. The duration of this MBA course is 1 year. Institutions can also run One-year MBA programs in different specializations, such as one-year MBA funding. 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 program.
The Online MBA is a UGC-approved part-time MBA. The duration of the MBA in the online format is 1 to 4 years. Online MBAs are flexible courses 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.
Read More: Online MBA
MBA Distance Education is a two-year postgraduate management correspondence MBA program. Distance MBAs are most suitable for students who cannot pursue a regular MBA. The duration of an MBA in distance/correspondence format is 2-5 years. An MBA from IGNOU is one of the most popular Distance MBA programmes in India.
Read More: Distance MBA
MBA courses are provided as full-time courses, Online MBA and Distance MBA. There are various MBAs, and graduates can pursue them according to their professional needs. The working professionals can choose the Executive MBA as it adds value to the current designation with the added advantage of a shorter course duration.
Listed below are top MBA courses:
Other popular MBA specialisations are listed below
In addition to nationwide entrance exams, 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.
An aspirant's ranking in the entrance exams determines their admission to the top MBA colleges in India. There are multiple forms of entrance exams for 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 getting admission to top institutions; the standard pattern for the entrance exam is listed below:
MBA 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 do their MBA as it helps them improve their chances of growth in their careers.
Listed below are the top 10 colleges to pursue MBA courses:
NIRF Ranking | Institution |
1 | IIM Ahmedabad |
2 | IIM Calcutta |
3 | IIM Bangalore |
4 | IIM Indore |
5 | XLRI Jamshedpur |
6 | FMS Delhi |
7 | IIM Kozhikode |
8 | Symbiosis Institute of Business Management Pune |
9 | IIT Delhi |
10 | National Institute of Industrial Engineering Mumbai |
The table below lists top MBA colleges in Mumbai.
College Name | Fees (INR) |
SJMSOM IIT Bombay | INR 4.88 LPA |
National Institute of Industrial Engineering, Mumbai | INR 5.98 LPA |
SPJIMR | INR 17.50 LPA |
NMIMS, Mumbai | INR 10.42 LPA |
KJ Somaiya Institute of Management, Mumbai | INR 7.81 LPA |
Amity University, Mumbai | INR 5.15 LPA |
National Institute of Management, Mumbai | INR 40,700 PA |
BITS School of Management, Mumbai | INR 24.50 LPA |
Kaizen School of Management, Mumbai | INR 30,900 PA |
The Second Wind, Mumbai | INR 12 LPA |
NAMS, Mumbai | INR 59,900 PA |
TIMSR, Mumbai | INR 63,790 PA |
The table below lists the top MBA colleges in Delhi.
College Name | Fees (INR) |
Faculty of Management Studies, Delhi | INR 4.80 LPA |
IIFT Delhi | INR 8.85 LPA |
IMI Delhi | INR 8.70 LPA |
JMI, Delhi | INR 23,500 PA |
Amity University, Delhi | INR 6.72 LPA |
University of Delhi (FMS), Delhi | INR 96,000 LPA |
GD Goenka University, Delhi | INR 3.72 LPA |
Asian Business School, Delhi | INR 7.65 LPA |
KR Mangalam University, Delhi | INR 2.60 LPA |
AKGIM, Delhi | INR 1.27 LPA |
Delhi school of Business, Delhi | INR 8.45 LPA |
Sharda University, Delhi | INR 2.60 LPA |
The table below lists the top MBA colleges in Kolkata
College Name | Fees (INR) |
IIM Calcutta | INR 27 LPA |
BIMS, Kolkata | INR 5.51 LPA |
Amity University, Kolkata | INR 3.90 LPA |
Adamas University, Kolkata | INR 2.51 LPA |
Brainware University, Kolkata | INR 3.70 LPA |
SVIMCS, Kolkata | INR 2.20 LPA |
Praxis Business School, Kolkata | INR 389 LPA |
CIMS, Kolkata | INR 14,925 PA |
University of Calcutta, Kolkata | INR 16,508 PA |
MAKAUT, Kolkata | INR 1 LPA |
The table below lists the top MBA colleges in Chennai.
College Name | Fees (INR) |
LIBA, Chennai | INR 15,26 LPA |
Anna University, Chennai | INR 59,080 LPA |
XIME, Chennai | INR 3,50 LPA |
BIHER, Chennai | INR 1 LPA |
RSB, Chennai | INR 6 LPA |
MOP Vaishnav College for Women, Chennai | INR 1.24 LPA |
Easwari Engineering College, Chennai | INR 41,000 PA |
National Institute of Business, Chennai | INR 14,700 PA |
NICM, Chennai | INR 49,000 PA |
SSNCE, Chennai | INR 35,000 PA |
The table below lists the top MBA colleges in Hyderabad.
College Name | Average Fees |
NMIMS, Hyderabad | INR 8.2 LPA |
CMRCET, Hyderabad | INR 50,000 PA |
Woxsen University, Hyderabad | INR 7.25 LPA |
St. Joseph’s Degree College and PG College, Hyderabad | INR 54,000 PA |
ICFAI Business School, Hyderabad | INR 8.01 LPA |
CBIT, Hyderabad | INR 43,000 PA |
Engineering Staff College of India, Hyderabad | INR 2.30 LPA |
Amjad Ali Khan College of Business Administration, Hyderabad | INR 1.40 LPA |
VVISM, Hyderabad | INR 3.70 LPA |
DMBS, Hyderabad | INR 4.51 LPA |
The table below lists the top MBA colleges in Bangalore.
College Name | Average Fees |
KJC, Bangalore | INR 3.70 LPA |
DSCMIT, Bangalore | INR 63,750 PA |
CMR University, Bangalore | INR 1.75 LPA |
BMS College of Engineering, Bangalore | INR 25,300 PA |
NSB Academy, Bangalore | INR 3.80 LPA |
T John College, Bangalore, Bangalore | INR 2.67 LPA |
SJIM, Bangalore | INR 4.20 LPA |
The Oxford College of Engineering, Bangalore | INR 70,000 PA |
RCM, Bangalore | INR 7.90 LPA |
CMRIT, Bangalore | INR 9 LPA |
The table below lists the top MBA colleges in Pune.
College Name | Average Fees |
SCMHRD, Pune | INR 9.40 LPA |
IMED, Pune | INR 2.25 LPA |
National Insurance Academy, Pune | INR 9.43 LPA |
BIMM, Pune | INR 4.80 LPA |
RIIM, Pune | INR 4.75 LPA |
SIDTM, Pune | INR 6.60 LPA |
BIMHRD, Pune | INR 4.80 LPA |
MITCOM, Kothrud, Pune | INR 2.07 LPA |
Sinhgad Business School, Pune | INR 1.50 LPA |
DYPIMR, Pune | INR 1.30 LPA |
Below are the best MBA colleges across the various states in India:
The table below contains the names of the top MBA colleges in NCR:
SI.No. | Institute |
1 | IIT Delhi |
2 | Management Development Institute |
3 | Delhi School of Business |
4 | IIM Rohtak |
5 | BM Group of Institutions |
The table below contains the names of the top MBA colleges in Maharashtra:
SI.No. | Institute |
1 | IIT Bombay |
2 | SP Jain Institute of Management and Research |
3 | Vivekanand Business School |
4 | JBIMS Mumbai |
5 | Flame School of Business |
The table below contains the names of the top MBA colleges in Maharashtra:
SI.No. | Institute |
1 | IIM Bangalore |
2 | TA Pai Management Institute |
3 | Alliance University |
4 | Jagdish Sheth School of Management |
5 | SJIM Bangalore |
The table below contains the names of the top MBA colleges in Tamil Nadu:
SI.No. | Institute |
1 | IIM Tiruchirappalli |
2 | IIT Madras |
3 | LIBA Chennai |
4 | NIT Trichy |
5 | Hindustan Institute of Technology and Science (HITS) |
IIT MBA is one of the best MBA choices in India. In addition to IIMs, various IITs in India also offer MBAs. The duration of the IIT MBA is 2 years. The table below lists the top IIT colleges offering MBA in India.
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 duration of the MBA at IIM is 2 years. IIMs also have courses that are short certification courses. The table below lists the top IIM colleges in India.
NIRF Management Rankings 2022 | College Name |
1 | IIM Ahmedabad |
2 | IIM Bangalore |
3 | IIM Calcutta |
4 | IIM Kozhikode |
6 | IIM Indore |
7 | IIM Lucknow |
15 | IIM Raipur |
17 | IIM Trichy |
18 | IIM Udaipur |
21 | IIM Ranchi |
23 | IIM Shillong |
28 | IIM Rohtak |
33 | IIM Kashipur |
40 | IIM Nagpur |
61 | IIM Sambalpur |
67 | IIM Amritsar |
The top MBA colleges in India are listed below as per MHRD-NIRF rankings 2021. Also mentioned are the average CTC offers made during the latest campus placements.
MBA Institute | MHRD-NIRF Ranking 2021 | Average CTC 2021 (INR) |
IIM Ahmedabad | 1 | INR 26.12 LPA |
IIM Bangalore | 2 | INR 26.18 LPA |
IIM Calcutta | 3 | INR 29.00 LPA |
IIM Kozhikode | 4 | INR 22.50 LPA |
IIT Delhi-DMS | 5 | INR 22.69 LPA |
IIM Indore | 6 | INR 23.60 LPA |
IIM Lucknow | 7 | INR 26.00 LPA |
XLRI Jamshedpur | 8 | INR 25.08 LPA |
IIT Kharagpur-VGSOM | 9 | INR 18.44 LPA |
IIT Bombay-SJMSOM | 10 | INR 21.96 LPA |
MDI Gurgaon | 11 | INR 22.05 LPA |
NITIE Mumbai | 12 | INR 20.88 LPA |
IIT Madras-DOMS | 13 | INR 14.38 LPA |
IIT Roorkee-DOMS | 14 | INR 10.58 LPA |
IIM Raipur | 15 | INR 15.20 LPA |
After the admission process, the MBA cutoffs are released for every MBA college. The MNA cutoff details are mentioned in the batch profile, the category and specialization wise rankings. The batch profile of MBA degree programmes includes various factors such as student's academic background, average age, and more. Below is the list of top MBA colleges in India.
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 |
Students who wish to study for the MBA abroad must complete 16 years of study, which means that the student must complete 4 years of an undergraduate degree and 12 years of schooling. Students pursuing an MBA abroad must pass the entrance exam such as the GMAT. GMAT is a computer aptitude test for students who want to study MBA abroad. Students applying for an MBA abroad must be proficient in the local language. Some of the most popular language proficiency tests are TOEFL and IELTS.
Among the top 10 MBA colleges globally, there are 6 colleges in the United States. The MBA in the USA is one of the most popular destinations for MBA aspirants worldwide. The table below lists the top Business Schools in the world.
QS Full Time MBA Global MBA Rankings 2022 | College Name |
1 | Stanford Graduate School of Business, California |
2 | Harvard Business School, Massachusetts |
3 | Penn (Wharton), Pennsylvania |
4 | HEC Paris, France |
5 | MIT (Sloan), Massachusetts |
6 | London Business School, England |
7 | IE Business School, Spain |
8 | INSEAD, France |
9 | Columbia Business School, New York |
10 | IESE Business School, Spain |
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 range from 3 LPA to 30 LPA. Listed below is 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 |
Students have the option of studying in the integrated BBA MBA programme. This ensures that students gain ample knowledge and techniques related to management. The BBA MBA integrated course lasts 5 years. Some of the best integrated BBA MBA colleges include IIM Indore, IIM Rohtak, XUB Bhubaneswar, SRM Kanchipuram, NU Ahmedabad, etc.
Various private colleges in India offer MBA degree programmes. These MBA colleges are known for their quality programmes and reputation which is reflected in their rankings. The table below contains the best private MBA colleges in India:
The government MBA colleges in India are the most popular among students and are 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 (DU) |
4. | Pondicherry University |
5. | Jamia Millia Islamia, New Delhi |
6. | IIM Ranchi |
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
Listed below are preparation tips for pursuing MBA Course:
This course offers extraordinary job scope in diverse sectors, including sales, marketing, institutions, automobile, banks, and more. After completing the master' 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 a deep affinity for research and wants to provide real-time management solutions.
List of courses MBA graduates can pursue:
MBA is a postgraduate course that trains students in technical, managerial, and leadership skills. The course helps the graduates acquire business understanding and build a solid professional network to create new opportunities. Let's know more about "why choose MBA?" with a few simple questions.
To clearly understand answers to these questions, we have framed the following three pointers:
MBA courses in India last two years. An MBA course focuses on imparting various business principles to the graduates, including marketing, accounting, finance, and economics. The course provides 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 significant role to pursue in an organisation. 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 their specialization. The graduates have multiple choices to pursue their careers in diverse sectors like education, information technology, fashion, digital marketing, 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: MBA Jobs, Scope, Salary and Placements
An MBA 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 MBA and PGDM:
Parameter | MBA | PGDM |
Full Form | Master of Business Administration | Post Graduate Diploma in Managament |
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 - 10 LPA | INR 3 - 12 LPA |
Top Institutes | IIMs, XMRI, FMS | IIMs, IMI, SP Jain |
Read More: PGDM
The table below contains the differences between MBA and MA:
Parameter | MBA | MA |
Full Form | Master of Business Administration | Master of Arts |
Discipline | Management | Arts and Humanities |
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 4000 - 80,000 PA |
Top Institutes | IIMs, XMRI, FMS | Lady Shri Ram College, Christ University, St. Stephen’s College |
Read More: MA
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: M.Com
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: MCA
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 MBA salary range is INR 4 - 15 LPA.
Read More: MBA Salary
As India is on its way towards 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 take up jobs in various private and public organisations' decisions.
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
For getting enrolled in MBA at Chandigarh University, a candidate must have completed a bachelor's degree in any discipline with at least 50% marks from a recognized University/ Institution. Graduates of recognized professional programs like CA/ ICWA etc., are also eligible to apply.
For MBA, any individual with a bachelor degree or its' equivalent in any discipline with atleast 50% marks from a recognized University/ Institution is eligible for MBA. In addition, graduates of recognized professional programmes like CA/ ICWA/CS etc., are also eligible to apply.
There is no such entrance test for admission in Chandigarh University; if you have appeared for CAT, GMAT, etc., then you can have a bonus point of getting the scholarship. There is no such cut off in the case of CAT, GMAT, etc. However, you need to have a percentage equal to or more than 50%.
If you want to take admission in MBA, you must have a graduation degree under any discipline, securing at least 50% marks in aggregate, from a recognized university and Graduates of recognized professional programmes like CA/ ICWA etc., are also eligible to apply.
Chandigarh University conducts a university-level entrance exam, CUCET, every year and is mandatory for admission into various Management programmes. In addition, through CUCET, you can avail up to 100% of scholarships worth INR 33 Crore.