|1 years-2 years|
|15 K-25 L INR annual|
|CAT, XAT, MAT ...|
MBA is an internationally accredited post-graduate degree for developing business and management skills amongst future business leaders and entrepreneurs. The MBA full form is Master of Business Administration. A typical MBA degree covers a wide range of business fields like accounting, marketing & management. An MBA degree is not limited to a career in management so those interested in pursuing a career in the private, government & public sectors can also benefit from an MBA degree.
In India specifically, there are two types of management degrees available.
In recent times, various other versions of MBA/ PGDM have been introduced to adhere to industry needs. Some of them include:
The MBA course curriculum is a combination of some core subjects like Marketing, Economics, Accounting and Operations, and Elective courses to give management aspirants a chance to follow their own personal or professional interests.
Take a look at the table below to know about some of the MBA specializations.
All the important details about the Masters of Business Administration (MBA) course are mentioned below
MBA Full Form
|Master of Business Administration|
Minimum Qualification Requirement
Average Initial Salary
INR 5 to 22 lacs per annum
Minimum Aggregate Score Requirement
Amazon, Citigroup, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Google, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young and Deutsche Bank.
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Admission to the MBA course is strictly on the basis of management entrance exams conducted at the national, state, university/institute level. Besides this, students have to adhere to the following eligibility criteria:
Getting admission to an MBA college is not a cakewalk. One has to overcome a series of difficult processes for admission to a top B-school in India. If you fulfil the basic eligibility criteria, you need to appear for any of the following entrance exams:
The government also conducts tests for admission to MBA government colleges as well as private MBA colleges in the state. Some of them include:
There are various management schools in India that also conduct individual management entrance exams for admission to their colleges.
Here is a collated list of all the management entrance exams in national, state and college/ university level MBA exams for taking admission to the top colleges.
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After your MBA entrance exam score is out, you can check out the B-school admission as released by that school. Wherever eligible, you can apply, following which, you will have to undergo the Group Discussion (GD) & Personal Interview) rounds.
The syllabus of MBA for the first two semesters will be the same for all the specializations. The third semester will contain subjects related to the specialization chosen by the candidate.
Economic Environment of Business
Human Resource Management
Information Technology Management
Management of Information System
Organization Effectiveness & Change
Production & Operations Management
Business Ethics & Corporate Social Responsibility
International Business Environment
Legal Environment of Business
Candidates must note that in addition to three main subjects, they will have to choose five additional subjects depending on the type of specialization opted by them. They can check the list of available subjects from the table provided below.
Security Analysis & Investment Management
Project Planning, Analysis & Management
Quantitative Analysis of Financial Decisions
International Financial Management
Fixed Income Securities
Management Control System
Management of Financial Services
Sales Force Management
Sales Promotion Management
Advanced Research Techniques in Marketing
OB & HRM
Management of Industrial Relations
Counselling Skills for Managers
Manpower Development for Technological Change
Human Resource Planning and Development
Human Resource Development: Strategies & Systems
Negotiation, Persuasion & Social Influence Skills
Cross-Cultural and Global Management
Personal Power & Leadership through Asian Values
Managing Interpersonal and Group Processes
Training and Development
Leadership, Power & Politics
PRODUCTION & OPERATIONS MANAGEMENT
Advanced Operations Management
Decision Models and Optimization
Total Quality Management
Production Planning and Control
Quantitative Analysis of Risk and Uncertainty
Supply Chain Management
Modelling in Supply Chain Management
Technology, Innovation and New Product Management
Environment and Safety Management
Family Business & Entrepreneurship
Managing the Growing Business
Entrepreneurship, Creativity & Innovation
Financing the Entrepreneurial Business
INFORMATION TECHNOLOGY MANAGEMENT
Business Process Re-Engineering
Network Operations, Management & Security
Strategic Management of Information Technology
System Analysis and Design
Managing IT-Enabled Services
Database Management Systems
Management of NGOs
Hospitality Operations Management
Service Operations Management
Total Service Quality Management
Civil Aviation Management
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MBA is a highly skilled degree and opens up various opportunities for you. From working in the private, public or government sectors to venturing out to become an entrepreneur, an MBA degree goes a long way into shaping your career.
Career prospects after MBA are varied. Depending upon the B-school you have graduated from, the job prospects get impacted. Top B-schools in India such as the Indian Institute of Management(s) have the best placement strategies in place, and more often than not, their students are usually the best place in the industry.
Candidates can check the type of job profiles available for MBA graduates from the table provided below.
Account Manager, Administrative Officer, Human Resource Managers, Marketing Managers, Card Payments Operations Head, Vice President - Investment Banking
Brand & Marketing
Brand Manager, IT Services Marketing Head, Marketing Manager,
Human Resource Managers, Management Consultant
Trainer, Administrative Officer
Recruitment Manager, Administrative Officer, Equity Research Analysts, Human Resource Managers
HR Generalist Business Partner, Zonal Business Manager, Project Managers, Administrative Officer, Finance Managers, Marketing Managers
Lobbyist/Organizer, Recruitment Manager
Research and Development Managers, Labour Management Relations Specialist
Human Resource Managers, Administrative Officer
Almost every company requires skilled managers to manage all their activities. Some of the major recruiters available for MBA graduates are provided below.
Aditya Birla Group
The starting average salary of MBA graduates in India ranges from Rs. 7 Lakh – Rs. 12 Lakh per annum. If you have studied from an Ivy League B-School in India, it can start from Rs. 15 Lakh per annum. Mid-level salary ranges from between Rs. 15 Lakh – Rs. 24 Lakh per annum. Senior-level salary ranges above Rs. 20 Lakhs per annum.
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Placements in your MBA course largely depend on various factors including your performance in the course, reputation of ...READ MORE...
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It mainly depends on two things: specialization and college. For top colleges such as IIMs, the starting salary can be around Rs. 18 - 20 LPA while for popular private colleges, it can range from Rs. 5 to 10 LPA.
MBA can be an expensive course because of reasons such as the quality of curriculum and infrastructure of the college, the high average salaries offered after completing the course etc.
Yes, MBA is a type of a Master's degree program, which is considered to be a 'professional' course by AICTE.
Some of the best jobs after MBA include Management Consultant, Financial Advisor, Marketing Manager etc. Students must note that the best jobs available for them will vary by their specialization and interests.
MBA is generally a 2-year full-time degree program. However, a number of other variants are also available that can have different durations.
The fee for an MBA course varies by the college as well as the specialization. The MBA fee in India can vary between Rs. 15,000 and Rs. 35 lakhs.
MBA graduates are some of the highest-paid professionals in India. On average, the MBA specializations with the highest salary include Management Consultant, Operations, Marketing, Finance etc.
There are many MBA specialziations available and it cannot be said which is best. A student must choose their specialization based on their interest and career goals.
IIM A, B and C are rated to be the top MBA colleges in India. Besides these, other IIMs and private institutes such as FMS Delhi, SPJIMR Mumbai, MDI Gurgaon etc. top the charts when it comes to MBA colleges.
Yes, entrance exams such as CAT, XAT, MAT, CMAT, MAH CET, UPESMAT etc. are conducted for MBA admissions in India. However, you can also gain admission in private institutes through direct admission via Management Quota.
Get details of best colleges for MBA.