Masters of Business Administration (MBA) - Course Overview

Duration: 2.0 yrs |Mode: Regular|Avg. Fees: 10 Lakhs / Year

12536 (Courses) 4594 (Institute)

About Masters of Business Administration (MBA)

MBA or Masters of Business Administration is an internationally accredited post-graduate degree that is created to develop business and management skills amongst future business leaders and entrepreneurs.  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; those interested in pursuing a career in the private, government & public sector can also benefit with an MBA degree.  

In India specifically, there are two types of management degrees available.

  • Masters in Business Management (MBA): This degree is offered by and is usually a 2-year
  • Post Graduate Diploma in Management (PGDM): This degree is offered by autonomous institutes like the Indian Institute of Management(s) and is usually a 1-year

In recent times, various other versions of MBA/ PGDM have been introduced to adhere to the industry needs. Some of them include:

  • Online MBA
  • Distance Learning MBA
  • Executive MBA

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.  

The various sectors where an MBA graduate can find employment include:

Banking & Finance

Information System Management

Investment Banking

Management Consulting

Private Equity

Data Analytics

Entrepreneurship

 

 

    Masters of Business Administration (MBA) Eligibility Criteria

    Admission to is strictly on the basis of management entrance exams conducted on national, state and levels. Besides this, students have to adhere to the following eligibility criteria:

    • Graduate from any stream with minimum 50% marks or equivalent CGPA from a UGC recognized Board or an equivalent recognition from MHRD,
    • Students belonging to the SC/ ST or PWD category will require minimum 45% marks to qualify for any MBA entrance test
    • Valid scores of MBA entrance exams like CAT, MAT, XAT, SNAP, NMAT & CMAT etc.

    MBA Admission Process:

    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 fulfill the basic eligibility criteria, you need to apply to any of the following entrance exams:

    • Common Admission Test (CAT)
    • Management Aptitude Test (MAT)
    • Symbiosis National Aptitude Test (SNAP)
    • Xavier’s Aptitude Test (XAT)
    • NMAT by GMAC
    • Common Management Aptitude Test (CMAT)
    • Indian Institute of Foreign Trade (IIFT)
    • MICA Admission Test (MICAT)
    • ICFAI Business School Aptitude Test (IBSAT)

    government also conducts tests for admission to MBA government colleges as well private MBA colleges in the state. Some of them include:

    • Gujarat Common Entrance Test (GCET)
    • University of Hyderabad’s CET (UOHYD)
    • Cochin University Science & Technology (CUSAT)
    • Karnataka Management Aptitude Test (KMAT)
    • Rajasthan Management Aptitude Test (RMAT)
    • Tamil Nadu Common Entrance Test (TANCET) etc.

    There are various management schools in India that also conduct individual management entrance exams for admission to their colleges.

    • Jamia Milia Islamia (JMI), New Delhi
    • SRM University’s Management Test (SRMJEE)
    • Benaras Hindu University (BHU PET)
    • Kalinga Institute of Industrial Technology (KIITEE)
    • University of Petroleum & Energy Studies (UPES-MET) etc.

    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 an even more grueling popularly known as Group Discussion (GD) & Personal Interview). 

    Masters of Business Administration (MBA) Syllabus

     

    Want to know more about MBA ?

    Career Options and Job Prospects

    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 comes a long way into shaping your career.  

    Career prospects after MBA is varied. Depending upon the B-school you have graduated from, the job prospects get impacted. Top B-schools in India like the Indian Institute of Management(s) have the best placement strategies in place, and more often than not, their students are usually the best placed in the industry.

    MBA graduates can work as :

    • Management Consultant
    • IT Manager
    • Financial Manager
    • Financial Advisor
    • HR Manager
    • Management Analyst

    The starting average salary of MBA graduates in India ranges between 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.

     

     

    View All

    FAQs

    Which are the top institutes for MBA in East India?

    Some top MBA colleges in East India include IIM Kolkata, XLRI Jamshedpur, IIM Shillong, Xavier Institute of Management Bhubaneswar, IMI Kolkata, NIT Durgapur etc. Check the list of top 20 MBA colleges in East India here.

    Which are the top institutes for MBA in West India?

    Some top MBA colleges in West India include IIM Ahmedabad, IIM Udaipur, EDII Ahmedabad, SPJIMR Mumbai, JBIMS Mumbai, NITIE Mumbai, Goa Institute of Management etc. Check the list of top 20 MBA colleges in West India here.

    Which are the top ten private institutes for MBA in India?

    The top private colleges for MBA in India include SPJIMR Mumbai, XLRI Jamshedpur, ISB Hyderabad, IMT Ghaziabad, LIBA Chennai, SIBM Pune, LBSIM Delhi etc. You can check the list of top private MBA colleges in India here.

    What is the average placements for MBA students?

    Average placement for MBA students usually depends on the capabilities of a student as well as the college/institute from where he/she pursues management education. Tier 1 colleges may offer packages as high as Rs.13 lakh - Rs.15 lakh per annum, Tier 2 colleges may offer Rs.8 lakh - Rs.9 lakh per annum while Tier 3 colleges may only offer Rs.4 lakh - Rs.5 lakh per annum to its students.

    Which are the top institutes for MBA in North India?

    Some top MBA colleges in North India include FMS in University of Delhi, IIM Lucknow, MDI Gurgaon, IIFT Delhi, IMT Ghaziabad, IMI Delhi etc. Check the list of top 20 MBA colleges in North India here.

    Which are the top institutes for MBA in South India?

    Some top MBA colleges in South India include IIM Bangalore, ISB Hyderabad, IIM Trichy, IIM Kozikhode, Great Lakes Institute of Management Chennai, Christ University Bangalore etc. Check the list of top 20 MBA colleges in South India here.

    When can I choose my MBA specialisation?

    The first year of an MBA programme is all about giving students an understanding of management subjects. You will be introduced to the specialised areas of management in the latter part of the first year and then you can choose an area that suits your career goals.

    How many specialisations are available for MBA?

    There are many specialisations available in the field of MBA but some of the most popular ones are: MBA in Marketing MBA in Finance MBA in Operations Management MBA in Information Technology (IT) MBA in Human Resource MBA in Logistics Management MBA in Rural Management MBA in Health Care MBA in Event Management

    What are the career prospects for MBA?

    MBA has great career prospects and opens various avenues for management graduates. With an MBA degree in hand, one can find options in the private, public or government sectors. Becoming an entrepreneur is also considered a great for MBA graduates. The career prospects after an MBA also depends upon the B-school you've graduated from and the skills you develop during the programme. MBA graduates can work as: Management Consultant Management Analyst HR Manager Financial Advisor Brand Manager Financial Manager IT Manager

    Can I apply for government job after MBA?

    Yes, you can apply for government jobs after completing your MBA degree. You can check the eligibility criteria of the job before sending your applications.

    Get details of best colleges for MBA.