MBA is a postgraduate degree programme in the field of management and business administration. MBA full form is Master of Business Administration, which can be pursued by students from any background. In India more than 4500 private, government colleges and deemed universities offer MBA degree programmes in various specialisations, such as Finance, Human Resource, Digital Marketing and Retail Management.
The average package of IIM Calcutta is Rs. 35.07 LPA in 2023 placement record. The median salary of Indian Institute of Management Kozhikode is Rs. 27 LPA and the average salary of the female students is Rs. 31.93 LPA. Students who have completed 10+2+3 are eligible for the MBA degree programme. Some of the entrance exams for MBA degrees are CAT, MAT, XAT.
MBA full form is Master of Business Administration, is a two-year postgraduate degree programme in business administration. There are several MBA specialisations, such as accounting, financial management, cost and management accounting, human resource management, marketing, and strategic management.
Particulars | Details |
---|---|
Name of the Course | MBA |
Full Form | Master of Business Administration |
Course Level | Postgraduate |
MBA Course Duration | Two years |
MBA Eligibility Criteria | Candidates must pass a bachelor's degree in any specialisation from a recognised university with a minimum aggregate of 50 per cent (In the case of IIMs, it is 60 per cent). |
Entrance Examinations | |
Top Colleges | IIMs, MDI Gurgaon, FMS Delhi, SPJIMR Mumbai, XLRI |
Similar Specialisations | MBA in Finance, MBA in Sales, MBA in Human Resources, MBA in Marketing, MBA in Business Analytics, MBA in Digital Marketing |
Average MBA fees | Government colleges: Rs 50,000 to Rs 4 lakh Private colleges: Rs 20 lakh to Rs. 25 lakh |
Careers | Manager, Sales Manager, Marketing Manager, HR Manager |
Average MBA Salary | Rs. 15,00,000 LPA |
Top Recruiters | Google, Deloitte, NTPC, Citibank, ITC, Vodafone, Larsen & Toubro, Microsoft Amazon, Wipro, PwC |
Many colleges offer the MBA course programme, which is a popular master's degree programme in business, management, and commerce. Establishing strong social and professional networks while attending colleges and developing MBA skills which may lead to more MBA employment opportunities. The best MBA programmes provide thorough, organised instruction that is centred on business goals.
MBA in India offers a variety of customisable specialisations that can be pursued by both undergraduates and working professionals. Graduates of tier-one business schools in the world, such as IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, and FMS Delhi, earn roughly Rs. 20 lakhs per year on average.
Master of Business Administration jobs are in high demand in corporate and business organisations. In India, earning an MBA online degree or on campus opens the door to a myriad of job prospects. Some of the advantages are high remuneration, various job opportunities, exposure to multiple industries, and career advancement.
MBA degree programme is one of the popular courses among students who want to pursue a management degree at the postgraduate level. MBA degrees can be offered in multiple types based on the mode of education, such as distance and online mode, which help students to complete the course programme at their convenience. Some of the types of MBA courses are:
MBA degree has various specialisations that focus on general business administration along with the specific topics. Some of the most sought-after MBA specialisations are Finance, HR, Marketing Management, and Banking and Finance Management. In recent times, colleges are offering new specialisations, such as MBA in FinTech, Artificial Intelligence, Data Analytics and Aviation Management.
Depending on the type of Master of Business Administration or MBA course, different MBA eligibility criteria is required to apply for it. B.Tech, BBA, BCA, B.Com, BA, and BSc graduates can pursue an MBA course as it is one of the most crucial degrees for the majority of managerial-level jobs across all industries and sectors.
Students from any stream, such as Science, Humanities and Commerce can study Master of Business Administration or MBA course. In this section, we have discussed the MBA eligibility criteria:
MBA course duration is two years, which is divided into four semesters. The first year of the course covers the general management curriculum and the second year offers advanced knowledge on the particular specialisations. Although the MBA duration can vary depending on the type, an executive MBA duration is one year whereas the regular MBA is two years.
Also read: Top Online MBA Specialisations To Pursue
Candidates who opt for an MBA course is anticipated to work in management in a business after graduation. To succeed, candidates must possess the requisite leadership abilities and traits. MBA qualification not only includes the bachelor's degree but also some major skills like, managerial, analytical and decision-making skills.
MBA degree requires applicants to pass entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), and NMAT in order to get admission to top MBA Colleges in India. Some of the MBA entrance examinations are mentioned in this section.
Exam Name | Level | Conducting Body | Exam Schedule |
---|---|---|---|
National | IIM Lucknow | ||
National | All India Management Association | ||
National | XLRI Jamshedpur | ||
National | National Testing Agency | ||
National | Graduate Management Admission Council |
Students who want to pursue MBA degree programme, need to appear for the CAT or MAT entrance examination. Colleges in India offer admission based on the cutoff of the below-mentioned entrance examinations. In the table below, we have mentioned the important dates of CAT 2024 and MAT 2024:
Entrance Exam | Application Date | Admit Card | Exam Date | Result Date |
---|---|---|---|---|
CAT | 02 Aug, 2024 - 20 Sep, 2024 (Tentative) | 24 Oct, 2024 - 24 Nov, 2024 (Tentative) | 24 Nov, 2024 (Tentative) | 21 Dec, 2024 (Tentative) |
The MBA entrance exams for students are conducted by several colleges in India. As per the MBA degree eligibility standards and entrance requirements, the top management colleges in India accept a number of entrance exams.
Institutions | MBA Exam |
---|---|
IIM Ahmedabad | CAT |
XLRI Jamshedpur | XAT |
Symbiosis University | SNAP |
NMIMS Mumbai | NMAT |
Indian Institute of Foreign Trade | IIFT |
IIM Bangalore | CAT |
UPES Dehradun | CAT |
IBS Hyderabad | CAT |
FMS Delhi | CAT |
Woxsen School of Business | XAT |
Read more: Which One to Choose: Regular MBA vs Online MBA?
According to how well students perform on the entrance exams, candidates are accepted for MBA courses in India's top management colleges. The MBA admissions process is based on the merit list of these MBA colleges in India, although some colleges decide to conduct their own entrance tests. In this section, we have mentioned the types of the MBA admission process.
Admission to MBA (Master of Business Administration) courses in top private colleges in India as well as government colleges in India is based on the level of examination held by the relevant state or national organisations. The MBA admission process is carried out entirely on the basis of MBA entrance exams.
All qualified students must be able to pass the MBA entrance exams for the specific management college of their choice if they want to enrol in a Master of Business Administration programme in India. Additionally, they must successfully pass an entrance examination and interview procedures before being chosen.
National Entrance Test: There are many entrance exams that are conducted at the National level for MBA admission. Some of the top national-level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, and IIFT.
State-level MBA Admission: In addition to national-level MBA entrance examinations, various states also conduct their own MBA entrance test for admission. Qualifying candidates can take admission to any of the participating colleges across the state. Some of the top State-level exams include MAH MBA CET, OJEE MBA, TANCET, APICET, KMAT.
University Entrance Test: Some of the reputed MBA colleges conduct various tests at the university level for the admission of their students. Such university-level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET.
The MBA fee structure varies depending on the college. The MBA fees may vary based on the resources that students can access through their colleges in India. Students may also use the amenities provided by the university. In addition to all of these services, the MBA fees also cover the tuition fee.
The average MBA fee structure for top MBA colleges in India such as IIMs, SPJIMR, and MDI Gurgaon is around Rs. 20 lakhs to Rs. 25 lakhs for the entire MBA course. Additionally, other government colleges in India charge minimal average MBA fees of around Rs. 50,000 to Rs. four lakhs per annum.
See Also:
MBA cutoff depends on various factor, majorly on the entrance examination, such as CAT, MAT, XAT, NMAT. Other parameters are the number of applicants and difficulty level of the entrance exam. The details of the MBA cut-offs are also mentioned in the batch profile and the category and specialisation-wise rankings. The top MBA schools in India are listed below with their MBA cutoffs.
Name of Institute | Cutoff (CAT, XAT) |
---|---|
80 percentile | |
85 percentile | |
80 percentile | |
90 percentile | |
90 percentile | |
85 percentile | |
90 percentile | |
90 percentile | |
94 percentile | |
95 percentile |
The table below depicts the top MBA Colleges in India Accepting CAT scores. The list is prepared based on the top locations in India.
MBA course duration is of two-year which is divided into four semesters and an internship. In the tables below, we have mentioned MBA courses list and MBA courses subjects that are divided into four semesters. In the first and second table, we have mentioned the MBA 1st year subjects and 2nd-year subjects respectively.
MBA 1st year syllabus covers the introductory subjects of the MBA degree programme. Some of the subjects are Business Communication, Business Research Methods, Organisational Behaviour, Management Science, Computer Applications and Management Information System and Economic Environment of Business. In the table below we have discussed the MBA first year syllabus.
Semester I | Semester II |
---|---|
Business Communication | Business Research Methods |
Organisational Behaviour | Management Science |
Computer Applications & Management Information System | Economic Environment of Business |
Financial Accounting | Organisation Effectiveness and Change |
Human Resource Management | Management Accounting |
Quantitative Methods | Production Operations and SCM |
Legal Aspects of Business |
MBA 2nd year subjects are majorly focused on the specific specialisation, that students choose according to their preference. In the table below, we have mentioned the MBA syllabus for 2nd year.
Semester III | Semester IV |
---|---|
Business Ethics & Corporate Social Responsibility | Corporate Governance |
Elective Course II | Elective One |
Legal Environment of Business | Elective Two |
Elective Course III | Elective Four |
Strategic Analysis | Entrepreneurship Development |
Elective Course I | |
Elective Three | |
Elective Course IV | Elective Five |
There are various best MBA colleges in India which offer quality management education and top specialisations according to the candidate’s interest. Some of these colleges in India are popular owing to their prime location and close proximity to industrial and business corporations. In the table below, we have mentioned the MBA colleges in India by location as mentioned below:
There are various B-schools in India which offer quality education and in various specialisations. In the table below, we have mentioned the B-schools in India by states as mentioned below:
In India, there are a number of private MBA colleges in India offering MBA programs. Private colleges are significantly more expensive than public universities. Some of the top private colleges and also MBA course fees are discussed below:
Colleges | Fees |
---|---|
Rs. 9.35 Lakhs | |
- | |
Rs. 6.40 Lakhs | |
Rs. 12.40 Lakhs | |
Rs. 6.97 Lakhs | |
- | |
Rs. 3 Lakhs | |
Rs. 9.70 Lakhs | |
Rs. 16.02 Lakhs | |
Rs. 12.90 Lakhs |
Attending a government-run management college is less expensive than attending a private college. These government colleges are well-known for their high academic standards throughout India. The following are some of the best government colleges and also MBA course fees:
Colleges | Fees |
---|---|
Rs. 24.61 Lakhs | |
- | |
Rs. 1.89 Lakhs | |
Rs. 24.50 Lakhs | |
Rs. 7.50 Lakhs | |
Rs. 2.13 Lakhs | |
Rs. 1.17 Lakhs | |
Rs. 2.57 Lakhs | |
Rs. 3.50 Lakhs | |
Rs. 3.01 Lakhs |
After pursuing MBA in India, students can either start working as full-time professionals or pursue their own startup or higher studies. There are various companies that offer MBA jobs to graduates with appropriate skills and experience.
Option 1: After completing an MBA degree programme, candidates can start working as full-time employees in the corporate sector with an average salary of around Rs. 12 lakhs per annum.
Option 2: Candidates can also choose to pursue a PhD programme in management or a related field.
Many students take up MBA degrees in order to get a job after completing their studies. After getting an MBA degree, many of them find MBA job opportunities in various industries such as Human Resources, Finance, and Operations.
Manager: A manager is responsible for the management of a team, department, or organisation. He or she works as a leader of a team and supervises the work of its members.
Sales Manager: A sales manager is responsible for the management of all the tasks involved in the sales process. This professional is also responsible for ensuring that the targets are met and that profits are maximised.
Marketing Manager: A marketing manager is responsible for various tasks and responsibilities related to marketing such as campaigns, sales tasks, client proposals and marketing of different products.
HR Manager: A human resource manager is responsible for the management of the human resources function of an organisation. His or her responsibilities include the recruitment process, employee relations, and professional dispute resolution.
MBA salary depends on the MBA specialisation chosen by the students. After pursuing an MBA course in India, the average MBA salary is around Rs 4,00,000 to Rs. 32,00,000 per annum. The types of MBA jobs you can eventually end up in will depend on the MBA specialisation you choose. Having the right one can help boost your resume and improve your chances of landing an MBA job.
Most of the time, management students are selected from the marketing specialisation. MBA specialisation, experience, industry, college, and designation are some of the important factors on which the MBA salary depends. In the table below, we have mentioned the salary of MBA graduates in India.
Job Profiles | Average Salary |
---|---|
Manager | Rs. 11.6 LPA |
Sales Manager | Rs. 5.0 LPA |
Marketing Manager | Rs. 7.0 LPA |
HR Manager | Rs. 6.6 LPA |
Read more: Advantages and Disadvantages of Online MBA Course
Top Recruiters
Many recruiters hire MBA freshers for various job openings in different sectors once they complete an MBA programme. The top recruiters in a wide range of industries who offer MBA jobs are listed below.
MBA is one of the sought after courses for students after graduation and also benefits working professionals to excel in their careers. MBA degree programme equips candidates with various management knowledge and skills. Some of the career options that candidates can choose after completing an MBA programme are Manager, Sales Manager, Marketing Manager, HR Manager.
An MBA is a postgraduate-level degree that offers both practical and theoretical knowledge in business, finance and investment management. Master of Business Administration is a professional degree programme of two years. MBA degrees can be offered in various modes, such as online MBA, part-time MBA, Distance MBA, Integrated MBA, and Executive MBA.
The total duration of a full time MBA degree programme is two years equally segregated into four semesters.
MBA requirement is a bachelor's degree in any stream is eligible to participate in an MBA postgraduate programme.
The admission to MBA degree programmes 2024 in private and government colleges is provided on the basis of national, state or university level entrance examination.
Some of the top MBA entrance examinations are CAT, XAT, SNAP, CMAT, IIFT.
An MBA is a degree, but a PGDM is a diploma programme, and that is the fundamental distinction between the two. PGDM programme is offered by stand-alone institutions or autonomous bodies, whereas MBA is offered by universities or MBA colleges affiliated with top management universities.
If you want to pursue a master's degree in business administration, then students must check the MBA qualifications, which include a bachelor's degree programme in any specialisation and some skills such as analytical, managerial and decision-making skills.
Sales manager, executive manager, operations manager, human resource manager, and supply chain manager are a few of the most sought-after professions for MBA candidates.
Yes, you can join MBA degree programme, without a CAT score, you need to meet other MBA eligibility criteria, such as the need to pass a bachelor's degree programme, and can also appear for the other entrance examination, like MAT, XAT, and CMAT.
Yes, a BSc student can pursue an MBA after completing their graduation. The main criteria for admission in MBA programmes are a bachelor's degree with minimum 50 per cent marks from recognised universities and also need to qualify CAT or MAT entrance examination. Pursuing an MBA degree after earning a B.Sc. enables you to explore highly paid jobs across various industries.
Some of the MBA subjects are Business Communication, Marketing Management, Organisational Behaviour, Human Resource Management, Computer Applications & Management Information System, Quantitative Methods, Financial Accounting, Managerial Economics.
MBA full form is Master of Business Administration, it is a two year postgraduate degree programme in business administration.
Hello,
Yes, there are placements available for MBA graduates in Hospital Management, with opportunities in healthcare organizations, hospitals, clinics, consulting firms, pharmaceutical companies, and healthcare technology companies. The average salary from top colleges ranges from 12 LPA to 18 LPA.
hope this helps,
Thank you
Hello,
For MBA admissions at Gautam Group of Colleges, typically you need:
A Bachelor's degree from a recognized university.
Meeting minimum percentage or CGPA requirements.
Possibly some work experience.
Depending on the college, qualifying scores in entrance exams like CAT, MAT, XAT, or the college's own entrance test may be required
Hope this helps you,
Thank you
https://www.careers360.com/courses/mba-master-of-business-administration
Hello,
If you are looking for MBA colleges in Delhi that accept CUET PG 2024 scores, here are some prominent institutes:
1) University of Delhi (DU)
Multiple colleges under DU, such as the Faculty of Management Studies (FMS), accept CUET PG scores for MBA admissions.
2) Dr.B.R. Ambedkar University Delhi
Offers various postgraduate programs , including MBA,and accepts CUET PG scores for admission.
3) Jamia Millia Islamia (JMI)
Accepts cUET PG scores for their MBA programs.
Hello,
Yes, Your experience in the nursing field, combined with 32 years of work experience, can be a valuable asset for pursuing an MBA. Many MBA programs value applicants with diverse backgrounds and extensive professional experience. Your experience could bring a unique perspective to the classroom discussions and enhance your understanding of business concepts. Consider researching MBA programs that offer specializations or tracks related to healthcare management or administration, as they may be particularly suited to your background.
Hope this helps you,
Thank you
Hello aspirant,
Here you have not provided me the name of exam you are asking about. So I am considering the following two exams.
The CMAT 2024 examination, for admission to the MBA/MMS program, is scheduled for May 15, 2024. Registration for the May session of ATMA 2024 is currently ongoing, with the deadline for application being May 3, 2024. Additionally, the ATMA 2024 exam for the May session is set to take place on May 11, 2024.
Thank you
Hope this information helps you.