Updated By Yash Dhamija on 25 Nov, 2020
Average Duration | 1 years-2 years | ||
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Exams Accepted | CAT, XAT, MAT ... | ||
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MBA is an internationally accredited post-graduate degree for developing business and management skills amongst future business leaders and entrepreneurs. The full form of MBA 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 sector 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 the 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
Level | Post Graduate |
Duration | 2 Years |
Exam Type | Semester |
Minimum Qualification Requirement | Bachelor Degree |
Average Initial Salary | INR 5 to 22 lacs per annum |
Selection Process | Entrance Exam |
Minimum Aggregate Score Requirement | 50%-55% |
Major Recruiters | Amazon, Citigroup, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Google, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young and Deutsche Bank. |
Admission to the MBA course is strictly on the basis of management entrance exams conducted on 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 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.
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.
Syllabus of MBA for first two semesters will be same for all the specializations. The third semester will contain subjects related to the specialization chosen by the candidate.
Semester 1 | Semester 2 |
Business Communication | Economic Environment of Business |
Financial Accounting | Financial Management |
Human Resource Management | Management Accounting |
Information Technology Management | Management of Information System |
Managerial Economics | Management Science |
Marketing Management | Marketing Research |
Organizational Behaviour | Organization Effectiveness & Change |
Quantitative Methods | Production & Operations Management |
Semester 3 | Semester 4 |
Business Ethics & Corporate Social Responsibility | International Business Environment |
Legal Environment of Business | Project Study |
Strategic Analysis | Strategic Management |
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.
FINANCE | |
Security Analysis & Investment Management | Project Planning, Analysis & Management |
Quantitative Analysis of Financial Decisions | Financial Derivatives |
International Financial Management | Fixed Income Securities |
Portfolio Management | Risk Management |
Management Control System | Corporate Governance |
Management of Financial Services | Financial Reporting |
Corporate Taxation | |
MARKETING | |
Advertising Management | Analytical Marketing |
Consumer Behaviour | Brand Management |
Competitive Marketing | Retailing Management |
Sales Force Management | Internet Marketing |
Business Marketing | Marketing Channel |
Sales Promotion Management | Advanced Research Techniques in Marketing |
Service Marketing | |
OB & HRM | |
Management of Industrial Relations | Counselling Skills for Managers |
Manpower Development for Technological Change | Managing Diversity |
Human Resource Planning and Development | Human Resource Development: Strategies & Systems |
Performance Management | Negotiation, Persuasion & Social Influence Skills |
Cross-Cultural and Global Management | Personal Power & Leadership through Asian Values |
Managing Interpersonal and Group Processes | Compensation Management |
Training and Development | Leadership, Power & Politics |
PRODUCTION & OPERATIONS MANAGEMENT | |
Advanced Operations Management | Decision Models and Optimization |
Total Quality Management | Production Planning and Control |
Operations Strategy | Quantitative Analysis of Risk and Uncertainty |
Operations Research | Supply Chain Management |
Modelling in Supply Chain Management | Technology, Innovation and New Product Management |
Environment and Safety Management | |
ENTREPRENEURSHIP | |
Entrepreneurial Management | Family Business & Entrepreneurship |
Social Entrepreneurship | Managing the Growing Business |
Entrepreneurship, Creativity & Innovation | Financing the Entrepreneurial Business |
INFORMATION TECHNOLOGY MANAGEMENT | |
Business Process Re-Engineering | Network Operations, Management & Security |
Managing E-Business | Strategic Management of Information Technology |
System Analysis and Design | Managing IT-Enabled Services |
Database Management Systems | Knowledge Management |
Business Intelligence | |
SERVICES MANAGEMENT | |
Management of NGOs | Hospitality Operations Management |
Transportation Management | Service Operations Management |
Tourism Marketing | Airport Management |
Hospitality Marketing | 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 degreeg 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.
Employment Areas | Job Types |
Banks | 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, |
Business Consultancies | Human Resource Managers, Management Consultant |
Educational Institutes | Trainer, Administrative Officer |
Financial Organizations | Recruitment Manager, Administrative Officer, Equity Research Analysts, Human Resource Managers |
Industrial Houses | HR Generalist Business Partner, Zonal Business Manager, Project Managers, Administrative Officer, Finance Managers, Marketing Managers |
Multinational Companies | Lobbyist/Organizer, Recruitment Manager |
Personal Business | Entrepreneur |
Public Works | Research and Development Managers, Labour Management Relations Specialist |
Tourism Industry | 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.
Amazon | Tata | Accenture |
Flipkart | Cipla | Asian Paints |
HCL | HP | PWC |
ITC | Bajaj | HDFC |
Mahindra | ICICI Bank | HSBC |
Microsoft | Infosys | Aditya Birla Group |
Reliance | Citibank | Deloitte |
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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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.
MBA is a degree course, which can only be offered by universities in India. PGDM is a diploma course that is considered equivalent to an MBA degree in every sense. However, standalone institutions in India are only allowed to offer PDGM courses.
The type of MBA you choose depends on your job requirements and career goals. Some of the most popular specializations for MBA include Marketing, Finance, Operations, Entrepreneurship, HRM etc.
Some of the MBA specializations offered in India include: Finance / Marketing / Human Resource Management / Logistics and Supply Chain Management/ Shipping / Healthcare and Hospital Administration / Hotel Management / Aviation / Digital Marketing etc.
MBA is an ideal course for a candidate who wants to work in the field of management or as a CEO. However, the specializations and arena of MBA has increased significantly over the years and hence it has become a good course for a wider demographic of students.
As per the norms specified by AICTE, the minimum duration of an MBA course has to be 2 years. The course is usually split into 4 semesters and an internship is mandatory after the first year.
All India Council For Technical Education (AICTE) is the regulating body for the MBA course in India.
MBA is one of the most popular post graduate courses in the field of management. It is a course that focuses on teaching business administration and management skills to a student in various disciplines.
Candidates will be selected for admission on the basis of their performance in entrance exams and scores in the bachelor’s degree. Some of the colleges also conduct a GD/ PI round for selection.
Get details of best colleges for MBA.