What is MBA (Masters of Business Administration?)
MBA or Master of Business Administration is one of the demanding and most prevalent under post-graduate level programmes in India and abroad. Which teaches in depth knowledge of technical, managerial, and leadership skills. MBA course gives you valuable commercial acumen, increases your professional network, and creates new opportunities. MBA Course help you to improve your career, earning an MBA is an ideal idea to become an entrepreneur and a become be an business man
After the competition for an MBA degree, the student becomes a new person. MBA teaches the students about the business world in depth. MBA opens many job options for the students from which they choose the best one. MBA is very beneficial for the students in the future.
MBA course is two year course which is gateway to a lots of job opportunity and scope in corporate world
Below are the few point about MBA course
- MBA is one the famous and demanding course because any stream of student can apply for MBA course either student from science background, art or commerce background can pursue it as it is a convenient course along with most of the candidates who think for their own business to set can do the MBA course which is more beneficial for them.
- Post-Graduation Diploma or Master of Business Administration is a two-year course which is spread into four semesters but few of private university offers 1-year diploma, as these courses can be done via government college along with private universities.
- MBA can be pursued in various modes, by Regular mode or online mode or correspondence education, Who is thinking to apply MBA course can also find customised programmes based on their Interested candidates can also find personalised based programmes on their qualified experience such as Executive MBA,
- MBA is one generalist degree which cover range of business principle, and business function such as accounting , finance ,economics and marketing, the end result of MBA course is a complete set of business and management skills which student can apply to a wide range of industries and career tracks
- Many institutes of management provide Post-Graduate programme or Post-Graduate degree (PGD) in the Management in its place of an MBA degree.
- MBA with full time is more demanding course among all course which includes theoretical classes, practical classes and projects, and training.
- In few institutes have management have eligibly that require fresh graduate of any stream but few colleges offered the admission on the basis of few years of work experience as it matters for them they want the candidates to be experienced into their field. Some of the universities, of course, provide the placement for the candidates into the MNC companies so that they can get the best out of their knowledge with the high package salaries.
- As our old saying goes that experience matters and expends your money on an experience rather than fresh things here also apply the same thing that experience MBA student is more demanding as compare to fresher in term of job, salary in both way,
Management institutes offer various specializations in MBA. These specializations enable the students to gain expertise in a particular field of management. The most popular specializations are listed down below.
- MBA in Marketing
- MBA in Finance
- MBA in Human Resource Management
- MBA in Operations Management
- MBA in Information Technology
Require eligibility criteria for MBA Programme
Full-time MBA eligibility criteria are as follows:
- MBA is a higher education degree which require full-time is Graduation student in any discipline or equivalent from authorised board of university , MBA need 10+2+3 degree to pursue MBA
- To peruse MBA course student require minimum 50 per cent scored marks in the Graduation. And 45 per cent aggregate for Reserved category students,
Above are the basic eligible criteria to pursue MBA programme India, but few institute ask for more requirement such as a work experience,
- Institute XLRI Jamshedpur need 5 Years of work experience, in the Managerial or Supervisory role to get admission of student
- Institute SP Jain Mumbai (SPJIMR) also need 5 Years mandatory work experience from student to get admission in institute
- Institute IIT Bombay need for a 4 years mandatory work experience of graduation course,
- IIT Kharagpur admission, need 4 years of graduation or student have done a masters in Science, Economics or Commerce stream
Admissions process for MBA Programme
Admission for MBA programme is varies and depend on college to college, the Business school admission mostly take place through entrance test these test are based on the national level, state level, and university level
Below are few entrance exam for Admission of MBA Programme
- CAT, , CMAT or ATMA , MAT are the National Level Test which conducted by an apex testing body or on the behalf of national B-school
- OJEE, MAH-CET, TANCET , KMAT, APICET are the test which on the state level or a top state on behalf of B-school
- IIFT, XAT, NMAT, SNAP, IBSAT are test which university conducted by own these are affiliated by KIITEE, HPU MAT etc
- After the clear of entrance test few university conduct second and third round where the put group discussion and face to face interview
MBA Entrance exam | Directing by | Registration (Tentative )Date | Exam Tentative Date | Exam Mode |
Indian Institutes of Management CAT 2020 | Conducted by IIMs institute | From 7th Aug to 25 September 2020 | 22 Nov 2020 | Online exam |
Xavier Aptitude Test XAT 2020 | Conducted by Jamshedpur XLRI | In August 3rd week of 2020 to November 2020 Last week of)/ December 2nd week 2020 have to pay late fee | January First week of 2023 | Online exam |
Common Management Admission Test CMAT2020 | National Testing Agency (NTA) | 1st week of November 2020- 2nd Week of December 2020 | 4th Week of January 2023 | Online test |
The Graduate Management Admission Test GMAT2020 | On the basis of Counciling of GMAC | Year end | Year end | Online Test |
Aims test of management admission ATMA 2020 | Conducted by Indian Management Schools – AIMS | 13 Feb – 24june “2020 | 6july 2020 | Online Test |
Common Entrance Test is an annual entrance examMAHCET2020 | Conducted by Maharashtra DTE | In month of January 2023 | March 2023 | Online |
amil Nadu Common Entrance Test -TANCET | Conducted Anna University | January 2023 | March 2023 | Paper Based |
Symbiosis National Aptitude Test SNAP | Conducted by Deemed University | Second week of August, -Third week of November, 2020 | Second Sunday of December, 2020 | Online |
NMAT Graduate Management Admission Council | Conducted by GMAT | 5 Oct to 16 Oct, 2020 | 19 Dec, 2020 | Online Computer Based Test |
IGNOU OPENMAT | Conducted by Indira Gandhi National Open University, | 30,June 2020 can Extended | Announced | Online Test |
MBA Programme and Popular Specializations of MBA
MBA course is so demanding in market because MBA course in not limited with one or two subject stream and don’t have a single specialization MBA course have the generic MBA course and other specialization as well , student should have select a branch of specialisation
Below are listed some general MBA specialisations
MBA Finance | MBA IT |
MBA in Operations Management | MBA International Business |
MBA Marketing | MBA HR |
MBA Finance | MBA Entrepreneurship |
MBA Marketing | MBA in Supply chain Management |
MBA in Agriculture | MBA in aviation management |
MBA in Hospitality Management | MBA in Biotechnology |
MBA in Product | MBA in Tour and TravelTourism |
MBA in Healthcare & Hospital | MBA in Product |
MBA in Pharma | MBA in Sales |
MBA in Public Policy | MBA in Healthcare & Hospital |
MBA in Transport & Logistics | MBA in Import & Export |
MBA in NGO Management | MBA in Infrastructure |
MBA in Forestry | MBA in Supply Chain Management |
MBA in Textile Management | MBA in Rural |
MBA in Digital Marketing | MBA in Telecom |
MBA in event management | MBA in Business Finances |
MBA in Retail | MBA in Import & Export |
MBA in Oil & Gas | MBA in Disaster Management |
MBA in Resources Management | MBA in Operations |
MBA in Advertising and in MBA in Project Management | MBA in Sporting Management |
Require Skillset for MBA Course
At the time of perusing MBA candidate will learn about all management skill and businesses prospect skill, all quality of manager how to lead a team of professionals, representative, face to face interaction for all student need few skillsets for a successful manager and an MBA student These all the main skills which should be familiar by the MBA candidates for their future if you want bright future into the field of MBA then you must apply these skills into your life o that you can become successful into your field.
Please have look at below mention some of the skillset which required for MBA/PGDM,
Required MBA Skillset | |
Corporate acumen | Good communication and fluent skills |
Problem-resolving Skills | Management skills |
Strong measured skills | Study oriented |
Interacting skills | Presentable |
Creative and logical thinking | Leadership skill |
Team handling | Goal-oriented & ability to work under pressure |
MBA Subjects
MBA have range of subjects which are designed in accordance to modern business market requirement all MBA course include all old and new business techniques which are beneficiary business world
MBA is a two year of course which is spread in four semester, in the first year semester student will taught about organisation Behaviour, principle of management marketing, in second year student will learn about business entrepreneurship, field work, presentation , internship, project work
Below are the MBA Programme delivery methods comprise which design according to management strategies with student study in the syllabus
- Theoretical Lectures,
- Presentations
- Research
- Training
Subject of MBA course
- Marketing
- HR management
- Business planning
- Finance management
- Principles of management
- Business laws
- Communication skills
- Entrepreneurship
- Business Communication
- Computer Application
- Organizational behaviour
- Taxation
- Retail management
- Project work
- Economics
- Business environment
Below are the syllabus for MBA Programme (Semester wise )
MBA Semester I Syllabus | |
Organizational Behaviour | Marketing Management |
Quantitative Methods | Human Resource Management |
Managerial Economics | Business Communication |
Financial Accounting | Information Technology Management |
MBA Semester II Syllabus | |
Organization Effectiveness and Change | Management Accounting |
Management Science | Operation Management |
Economic Environment of Business | Marketing Research |
Financial Management | Management of Information System |
MBA Semester III Syllabus | |
Business Morals and ethics & Social Responsibility of Corporate and commercial | Planned Analysis |
Business Legal Environment | Optional Course |
MBA Semester IV Syllabus | |
Project and research | World-wide Business Environment |
Planned Management | Optional Course |
Below are few common optional Courses their respective disciplines:
Specialization | Optional Courses Offered | |
MBA in Finance | Portfolio Management | Corporate Taxation |
Risk Management | Corporate Governance | |
Financial Derivatives | Economic Reporting | |
MBA in Entrepreneurship | Management in Entrepreneurial | Public Entrepreneurship |
Marketing | Product Management | Customer Behaviour |
Business Marketing | Sales Force Management | |
Human Resource | Management Compensation | Management of Industrialised Relationships |
Managing Multiplicity | Training and Development |
MBA course in Abroad
MBA course is wide demanding in Abroad these days and this course is very trendy now day that students are applying for MBA from Abroad as study of MBA from abroad is one of good option in abroad have better Business School in to get more knowledge and skills and study,
Student can pursue the MBA Course by Full-Time, Part-Time, correspondence and Distance MBA.
Student can pursue a regular MBA from abroad, or can pursue their MBA in any specialization (mentioned above) courses such as Finance, Human Resources, Marketing, Supply Chain Management, Hospitality, Project Management, etc.
Below are few institute to pursue MBA Abroad
- In Pennsylvania there is one of best university which offers MBA Course
- In California there is one of top Business programme offering university The Stanford Graduate School of Business,
- Haarvard Business School Below are mentioned few the key highlights of MBA course in Abroad:
Time Duration | 1 to 2 Years |
Examination Type | Semester |
MBA in Abroad eligibility Criteria | Require any undergraduate degree with minimum 50% scored marks from a recognized university. |
Required Work experience of 3 to 5 years | |
dmission Process for MBA course | On the basis of Merit or through Entrance Exam (GMAT) |
Abroad education require a Language Ability Test Scores | |
Should clear Personal Interview Round | |
MBA Abroad Fees | Start from 25 to 80 Lakhs. |
Top Countries to pursue MBA | Canada, Australia, USA, UK, Germany, |
Offered Average Salary | Start from 45 LPA to 10 Crore. |
MBA Abroad offers many scholarships well , whenever you think to apply MBA aboard just check scholarship , fee structure because aboard institute have 3 to4 times more fees demand as compare to India, but once you done your MBA from a recognised university in aboard you definitely will get handsome amount as in salary and future scope
What after MBA?
MBA is one of popular degree in India, in India MBA student are at the third position after China and USA, India have low fee structure and high salary growth as compare to other countries.
Have a look at below mentioned private and public departments which provide jobs to MBA professional.
Public Sector Jobs | Healthcare sector |
Processes & Project Management | |
Technical Management | |
Finance Management | |
International Business | |
Private enterprise | |
Private Sector Jobs | Risk Management |
Securities/Investment Fashion Industry | |
Portfolio Management | |
Economic Research | |
Real Estate | |
Human Resource | |
Fashion Industry | |
Top Recruiters
Below mentioned some of the top recruiters which offering jobs to MBA Student
College for MBA student | Companies which offering job for MBA student | Mean Salary (INR) |
In Gujarat Indian Institute of Management Ahmedabad | Boston Consulting Group, MasterCard, McKinsey, Morgan, AB InBev, Airtel Avendus, JP | 20to 30 lacs |
In Karnataka Indian Institute of Management Bangalore | JP Morgan, Adani Group, Vedanta, Capgemini, Accenture Operations Anheuser-Busch InBev, Avendus Capital, Asian Paints, Accenture Operations | 25 to 30 lacs |
In West Bengal Indian Institute of Management Calcutta | , Barclays, Goldman Sachs, Arga Investment Management, Bank of America Merrill Lynch Gaja Capital, , McKinsey & Co., PricewaterhouseCoopers Boston Consulting Group | 20 to 30lacs |
In Uttar Pradesh indian Institute of Management Lucknow | Amazon, Ernst & Young, Star India Citi, , , Flipkart, Reliance Jio, The Boston Consulting Group, ICICI Bank, PricewaterhouseCoopers, Tata Administrative Service (TAS), | 20 to 25lacs |
In West Bengal Indian Institute of Technology Kharagpur | PwC, Ernst & Young, McKinsey & Co, Deloitte, ZS Associates, Axtria, Facebook, IBM, Bloomberg, ITC Infotech, Genpact, HSBC, ICICI Bank, Kotak Mahindra Bank, IDFC Bank, MPower Financing | 18 to20 lacs |
In Kerala Indian Institute of Management Kozhikode | Goldman Sachs, HSBC, JP Morgan and Chase, Nomura, Deutsche Bank, Reliance Industries, RPG Group, AbInBev, Airtel, Mahindra, Tata Administrative Service (TAS), Rebel Foods | 20 to 30 lacs |
In Madhya Pradesh Indian Institute of Management Indore | Panasonic Life Solutions,Credit Suisse, , Credit Suisse, StateStreet, Asian Paints, HUL, L’Oreal, Pidilite Industries, Flipkart, Google, Deloitte S&O, | 22to15 lacs |
In New Delhi Indian Institute of Technology Delhi | Henkel, Reckitt Benckiser ,Dr. Lal Path Labs, , Synergy Consulting, Siam Makro, , Hitlab, Capgemini ,Wipro | 15. lacs |
In Jharkhand Xavier Labour Relations Institute (XLRI) | ITC, Avendus Capital KPMG, Standard Chartered PricewaterhouseCoopers, , Accenture Strategy, Microsoft, P&G, Aditya Birla Group, Amazon, Boston Consulting Group | 15 to20 lacs |
In Haryana Management Development Institute | Airtel, Flipkart, , Lenovo, , Xiaomi, Tata Steel, Bank, Hero Electronix Limeroad, ICICI, YES Bank, Dell, Samsung, PhonePe | 20 to30 lacs |
Below mentioned few job profiles including with the descriptions and the aggregated salary offered to MBA student
MBA Student Job Profile | Description of Job | Salary offered by recruiter to MBA Student |
Account Manager | Account Manager is same like sales manager but they have look at major account or client of the company which is responsible make sales, making relationship with client, do client servicing and achieve their target which company have given also lead the team , work on productivity, enrol new business | INR 5 to 6 Lakhs |
Sales Manager | Sales Managers is hired to handle sales of the company they bring business to the company and generate productivity and revenue by selling the | INR 9 to 10 Lakhs |
Brand Manager | Brand Manager plans, develops and puts direct marketing efforts to increase the value and performance of a brand, service or product. They work on those strategy by which they can generate the more profits and less loss of the brand and also work to increase the brand name and brand image and placing as compared to the competitors. | INR 9 to 10 Lakhs |