To be eligible for the MBA degree program at Mahatma Gandhi Vidyamandir's Loknete Vyankatrao Hiray Mahavidyalaya Arts, Science and Commerce, Nasik, candidates must have completed a Bachelor's degree in any discipline from a recognized university with a minimum aggregate of 50%. Additionally, applicants must have a valid score in entrance exams such as CAT, MAT, XAT, or CMAT. Work experience may also be preferred but is not mandatory. Meeting these criteria ensures that students have the necessary academic background and skills to succeed in the rigorous MBA program offered at the institution.