MBA (Masters in Business Administration)
Column1 | Column2 |
Full Form | Master of Business Administration |
Level | Post Graduate |
Types of MBA Courses | Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA, Integrated MBA |
Duration | 2 Years |
Exam Type | Semester |
Minimum Qualification Requirement | Bachelor's Degree |
Average Initial MBA Salary | INR 5 to 22 Lakhs Per Annum |
MBA Selection Process | Entrance Exam & Merit-Based (Private Colleges) |
Popular MBA Entrance Exams | CAT, MAT, XAT, ATMA, SNAP, TISSNET, CMAT, NMAT, GMAT |
Top MBA Specialization in India | Sales, Marketing, Finance, Human Resources, IT, Operations, Digital Marketing, Business Analytics |
Minimum Aggregate Required for MBA Admissions | 50-60% |
Major MBA Recruiters | Amazon, Citigroup, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Google, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young, and Deutsche Bank. |
Top MBA Colleges in India | IIM Ahmedabad, IIM Indore, IIM Bangalore, FMS Delhi, IIM Calcutta, IIM Kozhikode, IIM Lucknow, SPJIMR Mumbai, XLRI, etc. |
Expert of Business Organization (MBA) is a 2-year postgraduate course presented in a few specializations. MBA course helps in creating business and the executives' abilities among future business pioneers and business visionaries. After earning an MBA, it is not difficult to establish a career in the desired field. One of the most well-liked career-oriented professional degrees, an MBA has a wide range of applications, including Finance Manager, Marketing Manager, Media Planner, Product Manager, Sales Manager, and many more.
IIM Bangalore, IIM Ahmedabad, IIM Lucknow, IIM Calcutta, and MDI Gurgaon are among India's best MBA schools. To get a seat in a rumored B-school, understudies need to show up for various MBA placement tests, like Feline, MAT, XAT, NMAT, and CMAT followed by WAT, GD, and PI adjustments. The majority of MBA schools in India provide direct placement opportunities and MBA jobs in well-known businesses.
Up-and-comers scoring over half in the college class can apply for MBA. Depending on the college you choose, the MBA course fee typically ranges from INR 10 to 25 lakh. MBA candidates can apply as regular students, through distance learning, or through executive courses, depending on their preferred method of enrollment. If you want to take an MBA course, read on to learn everything you can about it.
Types of MBA Courses
The MBA is a flexible degree that anyone can pursue at their own pace. There are various MBA courses. The MBA course was traditionally a two-year regular program. However, there are now a number of options, including distance learning and online programs, that are best suited to working professionals. Take a look at the various MBA programs that are available.
• Full-Time MBA Program
The majority of business schools in India offer this typical two-year full-time program. For theory classes, internships, and projects based on practical knowledge, candidates can experience the classroom environment. Any two-year full-time MBA course costs approximately INR 2 lakh annually and may exceed INR 25 lakh annually. The MBA tuition at the three most prestigious IIMs—Ahmedabad, Bangalore, and Calcutta—is approximately Rs 23 lakh. The MBA program is broken up into four or six semesters, depending on the college and the specialization.
• MBA part-time program
The best MBA part-time program for professionals who work full-time is the MBA part-time program. It is not a program for residents. This program is available to anyone who wishes to enhance their managerial abilities. MBA part-time courses are offered by numerous private and public universities. The annual MBA tuition could cost anywhere from about INR 1 lakh to 10 lakh. The MBA syllabus differs slightly from the regular course's.
• Executive MBA program
Course for Executive MBA Professionals with five or more years of work experience is ideal candidates for the executive MBA program. The course educational plan of a leader MBA is like that of the full-time MBA program, however with a more limited span. There is not a consistent schedule for the classes. The MBA subject as a whole can be completed in 15 to 19 months. It's possible that the MBA syllabus is not the same as the MBA syllabus for regular courses. An executive MBA has slightly higher annual tuition costs than other MBA programs. Numerous associations that look for their representatives to seek after leader MBA subjects bear the educational expenses. However, an executive MBA subject's annual tuition may range anywhere from INR 10 lakh to 45 lakh.
• online MBA program
The majority of candidates choose the most popular online MBA program to earn a degree from the comfort of their own homes. Both the classes and the projects themselves must be submitted online. The MBA curriculum is specifically designed to ensure that candidates understand the course's core values and acquire the necessary skills. On a regular basis, candidates will be given assignments to complete. Online classes and no in-person classes are included in the MBA curriculum. An online application form is also used to conduct the admissions process online. Any desired college across the nation accepts applications from candidates from any city. Attending classes is not constrained. The candidates can also listen to recorded lectures. The annual tuition for an online MBA ranges roughly from INR 40,000 to INR 2 lakh.
• Distance MBA programs.
Candidates may also enroll in correspondence or distance MBA programs. This distance learning program is very affordable and can be completed at any length of time. Candidates will be free to finish the course in two to five years. A distance MBA program is offered by numerous reputable MBA colleges in India. Distance MBA courses are offered by government and private institutions alike. Depending on the institute, the cost of a distance MBA course ranges from INR 30,000 to INR 2.5 lakhs.
• Integrated MBA Course
Students who have just completed their 12th grade can enroll in the integrated MBA course. It is a five-year program in which students will take courses at both the graduation and post-graduation levels. The MBA Integrated course has a completely different syllabus. The BBA/B.Tech/BA/BSc+MBA subject course is available to students. The annual MBA tuition ranges from INR 1 lakh to INR 17 lakh. Students can easily find MBA jobs in the public and private sectors as soon as they graduate.
List of Popular MBA Specializations
MBA provides more than 50 courses and specializations, spread across various kindustries. Based on the interest of the candidate, they can choose a career path best suited for them. Take a look at the table below to know about some of the most preferred MBA specializations available in India:
Column1 | Column2 | Column3 |
MBA in Human Resources Management | MBA in Marketing | MBA in Banking and Insurance |
MBA in Finance | MBA in Business Analytics | MBA in Accounting |
MBA in Information Technology | MBA in Project Management | MBA in Digital Marketing |
MBA in International Business | MBA in Logistics and Supply Chain Management | MBA in Pharmaceutical Management |
MBA in Entrepreneurship | MBA in Travel and Tourism Management | MBA in Banking and Finance |
MBA in Biotechnology | MBA in Business Economics | MBA in Sales Management |
MBA in Data Analytics | MBA in Communication Management | MBA in Event Management |
MBA in Fashion Designing | MBA in Healthcare & Hospital Management | MBA in Aviation Management |
MBA in Hospital Administration | MBA in Hotel Management | MBA in Safety Management |
MBA in Sports Management | MBA in Tourism Management | MBA in Retail Management |
MBA in Hospitality Management | MBA in Corporate Social Responsibility | MBA in Disaster Management |
MBA in Rural Management | MBA in Petroleum and Oil Gas Management | MBA in Environmental Management |
MBA in Operations Management | MBA in Biotechnology Management | MBA in Business Management |
MBA Course Syllabus
An MBA is an extensive course, comprising a wide range of subjects. In a 2-year MBA program, students study core subjects like Marketing, Organizational Behavior, Principles of Management, Entrepreneurship, and Business Law, among others. The MBA course syllabus for the first two semesters is the same for all MBA specializations. The third and fourth semesters contain subjects related to the specialization chosen by the candidate.
Semester | Subjects |
Semester 1 | · Business Communication |
· Financial Accounting | |
· Human Resource Management | |
· Information Technology Management | |
· Managerial Economics | |
· Marketing Management | |
· Organizational Behaviour | |
· Quantitative Methods | |
Semester 2 | · Economic Environment of Business |
· Financial Management | |
· Management Accounting | |
· Management of Information System | |
· Management Science | |
· Marketing Research | |
· Organization Effectiveness & Change | |
· Production & Operations Management | |
Semester 3 | · Business Ethics & Corporate Social Responsibility |
· Legal Environment of Business | |
· Strategic Analysis | |
· Elective Course | |
Semester 4 | · International Business Environment |
· Project Study | |
· Strategic Management | |
· Elective Course |
MBA Eligibility Criteria
The majority of Indian business schools accept MBA applicants based on their scores on national, state, and university/institute-level entrance exams. However, direct admissions based on the academic background are available at some private MBA schools. The MBA course's eligibility requirements vary by college. The following are some typical requirements:
• General class up-and-comers ought to have a four-year college education in any stream with at least half stamps or identical CGPA from a UGC-perceived board or comparable acknowledgment from MHRD.
• Understudies having a place with the SC/ST/PWD classification need to have at least 45% imprints to fit the bill for any MBA entrance test.
• Students in the UG final year can also apply for admission or the entrance exams. The application, on the other hand, is subject to the outcomes. The application will be rejected if the candidate does not achieve the minimum required aggregate.
• MBA entrance tests like the CAT, MAT, XAT, SNAP, NMAT, and CMAT, among others, must have been passed by candidates.
• At the time of submitting the examination form, candidates who select the reserved category are required to present valid documentation.
• Professionals in the workforce may also apply, but they must be able to provide evidence of employment whenever asked. The candidature of any candidate will not be considered if they fail to provide the required documentation.
MBA Entrance Exams
It is not easy to gain admission to one of the best MBA schools. From satisfying the essential qualification rules to fitting the bill for the selection test and lastly meeting the choice prerequisites, an up-and-comer needs to go through a progression of cycles to get an MBA seat in a presumed B-School. The majority of Indian management colleges accept applicants based on their entrance exam scores. We have listed some of the most important national, state, and university-level entrance exams that must be passed to get into MBA colleges.
Top National-Level MBA Entrance Exams in India
Column1 | Column2 | Column3 | Column4 |
Exam Short Name | Exam Full Name | Conducting Body | Frequency |
CAT | Common Admission Test | Indian Institutes of Management (IIMs) | Once a year |
GMAT | Graduate Management Aptitude Test | Graduate Management Admission Council (GMAC) | All around the year |
ATMA | AIMS Test for Management Admissions | Association of Indian Management Schools (AIMS) | 4-5 times a year |
MAT | Management Aptitude Test | All India Management Association (AIMA) | Multiple times a year |
CMAT | Common Management Admission Test | National Testing Agency (NTA) | Once a year |
XAT | Xavier Aptitude Test | XLRI, Jamshedpur | Once a year |
NMAT by GMAC | NMIMS Management Aptitude Test | Graduate Management Admission Council (GMAC) | Once a year (74-day test window) |
SNAP | Symbiosis National Aptitude Test | Symbiosis International (Deemed) University (SIU) | Once a year |
IIFT | Indian Institute of Foreign Trade Exam | National Testing Agency (NTA) | Once a year |
IBSAT |