MBA Strategic Management: Course Details, Eligibility, Admission, Fees
MBA Strategic Management is a two-year postgraduate degree program that deals with planning, monitoring, and assessing all the management decisions required for the smooth functioning of an organization. The course focuses on implementing business strategic decisions and business analysis tools to improve a company’s revenue and profit.
Admission to MBA Strategic Management is through the top MBA entrance exams such as CAT, XAT, MAT, etc, group discussions, and personal interviews conducted by the universities. To meet the eligibility criteria, students should have a minimum of 50% in their bachelor's degree course. The MBA in Strategic Management fee is in the range of INR 40,000 - 7 LPA.
Table of Contents
- What is MBA Strategic Management?
- Why Choose MBA in Strategic Management?
- MBA Strategic Management Admission 2023
- MBA in Strategic Management Entrance Exams
- Top MBA Strategic Management Colleges With Fees
- Types of MBA in Strategic Management Courses
- MBA Strategic Management CAT Cutoff 2023
- MBA in Strategic Management Subjects
- MBA in Strategic Management vs. MBA in HR
- Courses After MBA Strategic Management
- MBA Strategic Management Salary in India
- Career Options After MBA in Strategic Management
- MBA in Strategic Management Scholarships
- Skills to Excel in MBA Strategic Management
MBA Strategic Management Course Details
| Degree | Masters |
| Full Form | Master of Business Administration in Strategic Management |
| Duration | 2 Years |
| Age | No specific age restriction |
| Entrance Exam | CAT, MAT, XAT, CMAT, NMAT |
| Minimum Percentage | 50% in graduation for unreserved category and 45% marks for reserved categories like SC/ST/PWD |
| Average Fees | ₹92K - 15 LPA |
| Similar Options of Study | MBA in Business Management |
| Average Salary | INR 7 to 25 LPA [Souce: Ambition Box] |
| Employment Roles | Product Strategist, Marketing Manager, Business Consultant, Brand Manager, Strategy Manager, etc |
| Top Recruiters | Accenture, Mahindra and Mahindra, Ernst and Young, Reliance, TCS, Infosys, etc |
What is MBA Strategic Management?
Master of Business Administration in Strategic Management trains students on how to analyze a company’s market strategies through data collection and research. The course includes principles followed by various companies in managing business policies through case studies. MBA in Strategic Management course is one of the most exciting specializations of MBA courses. Students can pursue courses from some of the best universities like Amity University, BML Munjal University, etc.
MBA in Strategic Management course offers lucrative job opportunities for graduates with several job roles such as Product Strategist, Marketing Manager, Business Consultant, Brand Manager, etc. The average salary of an MBA in Strategic Management graduate is in the range of INR 7 - 25 LPA.
MBA in Strategic Management Eligibility
The eligibility criteria for MBA Strategic Management can vary depending on the type of university. Listed below are the basic eligibility requirements that students must fulfill to get admission to the course:
- Students from the unreserved category should have a minimum three-year bachelor's degree with at least 50 percent aggregate marks from a recognized university. A 5% relaxation in marks is given to students from the reserved category.
- They should pass the required national-level entrance exams like ATMA, CAT, MAT, XAT, etc. with the minimum accepted cutoff marks.
- There is no specific age limit to pursue this course.
Why Choose MBA in Strategic Management?
The MBA in Strategic Management course gives in-depth training on global strategic management and strategic finance management. Listed below are some points why students should pursue MBA Strategic Management courses.
- The total brand value of conglomerate companies in India is almost USD 64.2 billion in 2023.
- Total revenue in the business market is expected to show an annual growth rate CAGR of 11.45% from 2022-2027.
- This course teaches students how to improve the company’s performance through appropriate business theories, strategic decisions, and business analytics.
- Students can learn about various strategies followed by some top business companies to attract customers.
MBA Strategic Management Admission 2023
Admission to the MBA in Strategic Management course for most colleges is based on merit and entrance exams. The colleges conduct group discussions and personal interviews for the final selection of students. Below are the steps to be followed for students during admissions for the MBA Strategic Management course.
- Step 1: The candidates can either apply online through the college website or visit the college and fill out the application forms.
- Step 2: The students are shortlisted based on their merit and the scores obtained in the entrance exams like CAT, MAT, etc.
- Step 3: The universities conduct GD and PI for the final selection of candidates.
- Step 4: Students need to upload the necessary documents and pay the respective course fees to get final admission.
Read More on MBA Admission
MBA in Strategic Management Entrance Exams
Scores obtained in the entrance exams will determine the candidate's admission to some top MBA in Strategic Management colleges in India. The entrance exams are conducted at the national, state, and university levels. Some of the main entrance exams are given below:
| MBA Entrance Exams | Tentative Registration Date | Accepting Colleges |
| CAT | Aug 2 - Sep 13, 2023 | BML Munjal University, Amity University |
| MAT | Aug 17 - Sep 14, 2023 | Amity University, BML Munjal University, Bharathidasan University |
| XAT | Jul 15 - Nov 30, 2023 | BML Munjal University, Amity University |
| NMAT | Aug 1 - Oct 10, 2023 | BML Munjal University, Amity University |
| CMAT | February 2024 | BML Munjal University, Amity University |
| GMAT | Aug 29, 2023 | BML Munjal University, Amity University |
Read More: MBA Entrance Exams
Top MBA Strategic Management Colleges With Fees
MBA in Strategic Management fees in India are around INR 40,000 - 7 LPA. There have been several colleges offering MBA Strategic Management courses in India as this sector provides employment to a large number of people. Below are some of the best colleges for MBA in Strategic Management in India along with fee details.
| S. No. | Name of Institute | Average Annual Fees (INR) |
| 1 | BML Munjal University | 6.2 LPA |
| 2 | Amity University | 2.47 LPA |
| 3 | Bharathidasan University | 45,000 PA |
| 4 | University of Mysore | - |
Types of MBA in Strategic Management Courses
MBA in Strategic Management degree is offered in 3 modes, full-time, online and distance modes. MBA in Strategic Management course details are given below:
| Type | Eligibility for MBA course | Duration of Course | Colleges Offering |
| MBA Strategic Management Full-Time | Candidate should have completed bachelor's degree with a minimum of 50% marks + Entrance Exams like CAT, MAT, XAT | 2 Years | Amity University, BML Munjal University |
| Online MBA Strategic Management | Candidate should have completed a bachelor's degree minimum of years) with a minimum of 50% marks | 2 years | University of Mysore |
| Distance MBA Strategic Management | Candidate should have completed a bachelor's degree minimum of years) with a minimum of 50% marks | 2 years | Bharathidasan University |
MBA Strategic Management CAT Cutoff 2023
The Common Admission Test (CAT) is conducted in India to get admission into MBA courses in top B-schools and colleges like IIMs. The CAT cut-offs vary every year depending on the exam toughness and the number of candidates appearing for the exam etc. The exam will be conducted this year on November 26.
The CAT cut-off 2023 will be released by colleges after the CAT exam 2023 is conducted across India. Given below is the list of the best MBA Strategic Management colleges in India along with their 2022 CAT cut-off for general category students:
| College Name | CAT Cutoff 2022 |
| BML Munjal University | 65-70 percentile |
| Amity University | 70 percentile |
MBA in Strategic Management Subjects
MBA Strategic Management syllabus includes topics on business marketing, finance and human resources strategies. The course is divided into four semesters, and the curriculum includes projects, case studies and internships. The course core subjects are listed below:
- Organizational Behaviour
- Global Strategic Management
- Managerial Economics
- Strategic Finance Management
- Strategic Marketing Management
- Business Communication
- Production And Operation Management
- Computer Application In Management
- Business Ethics & Corporate Governance
Read More: MBA Strategic Management Syllabus
MBA in Strategic Management vs. MBA in HR
MBA in Strategic Management focuses more on planning, monitoring, and assessing all the management decisions while MBA in HR deals with topics on recruiting resources, management, and providing the right direction and guidance to all the employees. The table below showcases the differences between the two courses.
| Course | MBA in Strategic Management | MBA in HR |
| Full-Form | Master in Business Administration in Strategic Management | Master of Business Administration in Human Resources |
| Stream | Post Graduation | Post Graduation |
| Course Duration | 2 years | 2 years |
| Eligibility | Minimum 50% in the undergraduate degree | Minimum 50% in the undergraduate degree |
| Entrance Exams | CAT, MAT, XAT, etc | CAT, MAT, XAT, etc |
| Top Colleges | BML Munjal University, Amity University | IIM Bangalore, SIBM, NIT Trichy |
| Fees | INR 40,000 - 7 LPA | INR 5 - 20 LPA |
Courses After MBA Strategic Management
There are also many higher study options available for graduate students after an MBA Strategic Management degree, which can help them better understand the subject. Listed below are some of the popular higher education options available for students:
- CFA
- Ph.D. in Strategic Management
- FRM
- CRMA
MBA Strategic Management Salary in India
MBA in Strategic Management salary for graduates ranges approximately between INR 7-25 LPA. The salary depends on the type of company, location, job experience, etc. Some of the top cities where students can seek MBA in Strategic Management jobs are:
| Top Cities in India | Average Salary |
| Hyderabad | INR 24.5 LPA |
| Chennai | INR 17 LPA |
| Pune | INR 16.5 LPA |
| Bangalore | INR 24 LPA |
| Gurgaon | INR 24 LPA |
| Delhi | INR 20 LPA |
| Mumbai | INR 18 LPA |
[Souce: Ambition Box]
Read More: MBA Strategic Management Salary
Career Options After MBA in Strategic Management
There are various job opportunities for students of Strategic Management MBA in the field of IT, Automobile, Consulting, Media, etc. The graduates can get hired on job profiles like Strategy Managers, Business Analysts, Product Strategists, etc. Listed below are some job designations in some top companies.
| Job Designation | Job Description | Companies | Salary (INR) |
| Strategy Manager | Assesses organisational performance, develops achievable goals and implements processes that improve organisational effectiveness and build a sustainable competitive advantage | Accenture, Mahindra and Mahindra, Tech Mahindra, Ernst and Young | INR 20 LPA |
| Product Strategist | Identifies new opportunities, assesses the company's product performance, and helps develop its long-term strategic plans for future product lines | Deloitte, Walmart, TATA AIG, UpGrad, Cognizant | 11.8 LPA |
| Marketing Manager | Manages a marketing team and represents their organizations to other departments within a company | Amazon, Reliance Retail, TCS, HDFC | 7 LPA |
| Brand Manager | Responsible for ensuring that the company's products, services, and product lines resonate with current or potential customers | Cipla, ITC, Nestle, Hindustan Unilever, Flipkart | 12 LPA |
| Business Consultant | Offers advice, information, insights, and recommendations to assist clients in achieving objectives and resolving challenges | Infosys, Cognizant, Accenture, Wipro, Capgemini | 10 LPA |
[Sources: Ambition Box & Glassdoor]
MBA in Strategic Management Scholarships
Students pursuing MBA courses can avail of various scholarships to help them during their studies. Listed below are some MBA Strategic Management Management scholarships offered by government and private institutions:
| Scholarship | Eligibility | Amount |
| Aditya Birla Group Scholarships | 60% marks in the undergraduate studies | Rs.1,75,000 per student per year |
| Post Graduate Scholarship for Professional Courses for SC/ST | Students must belong to the SC/ST category and | INR 4,500 per month |
| Amity University Scholarship | 95% aggregate and above in CBSE/ ISC Board of Class XII and 80% in Graduation | 100% scholarship |
| ONGC Scholarship | Students must have passed graduation with a minimum 60% mark | INR 48,000 per annum to each scholar |
Skills to Excel in MBA Strategic Management
Listed below are some essential technical and soft skills that graduates of MBA in Strategic Management graduates must possess:
- Product Strategy- The graduates should know the process involved in developing various products and their market value.
- Marketing Skills- MBA professionals must have basic marketing knowledge through all media channels.
- Statistical Knowledge- The graduates should have knowledge of data interpretation and statistics to calculate the value of products.
- Planning and Organization- Students should know how to plan and organize products and services.
- Leadership Skills - They should have leadership and managerial qualities to direct a team in achieving company goals.
Top MBA Strategic Management Colleges
Top Management Entrance Exams
Exam Date: May 19, 2024
MBA Strategic Management Fee Structure
FAQs
What is an MBA in Strategic Management?
MBA in Strategic Management is a two-year postgraduate degree programme that deals with planning, monitoring, and assessing all the management decisions required for the smooth functioning of an organization.
What are the eligibility criteria for MBA in Strategic Management?
Students who have 50% aggregate marks in their Bachelor’s degree from a recognized university can apply for the course.
What is the scope of an MBA in Strategic Management?
Students can either seek jobs in various sectors with job roles like Strategy Managers, Brand Managers, etc, or do a Ph.D. in the same specialisation.
Which companies hire graduates of MBA Strategic Management?
Wipro, Reliance Retail, TCS, Mahindra and Mahindra, etc are some top companies that recruit graduates.
What are some best colleges for MBA in Strategic Management in India?
BML Munjal University, Amity University, University of Mysore, etc are some top colleges offering MBA Strategic Management courses.
What is the salary for MBA in Strategic Management graduates?
The average salary offered to graduates of an MBA Strategic Management is INR 7-25 LPA.
What are the job roles offered for MBA in Strategic Management graduates?
Rural Sales Managers, Rural Development Officers, Rural Executives, etc are some job roles offered to graduates.
What are the core topics covered in MBA in Strategic Management?
Global Strategic Management, Strategic Marketing Management, Strategic Finance Management, etc are some important subjects taught in the course.
What are the fees for an MBA in Strategic Management?
The average MBA Strategic Management fees vary from INR 40,000 - 7 LPA.