Masters of Business Administration (MBA) - Course Overview

Duration: 2 yrs |Mode: Regular|Avg. Fees: 13 lakhs / Year

About Masters of Business Administration (MBA)

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.

  • Masters in Business Management (MBA): This degree is offered usually a 2-year degree.
  • 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 course.

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.  

MBA Specializations

Take a look at the table below to know about some of the MBA specializations.

Finance Management

Marketing Management

Human Resource Management

Rural Management

Health Care Management

Operations Management

Media Management

Sports Management

Hospitality Management

Interior Design

Masters of Business Administration (MBA) Highlights

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.

    Masters of Business Administration (MBA) Eligibility Criteria

    Admission to the MBA course is strictly on the basis of different management entrance exams conducted on national, state, university/institute level. 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 equivalent recognition from MHRD,
    • Students belonging to the SC/ ST or PWD category will require a minimum 45% marks to qualify for any MBA entrance test - Check details of reservations in MBA entrance exams here.
    • 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 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.

    Masters of Business Administration (MBA) Syllabus

    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

     

    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 goes a long way into shaping your career.  

    Career prospects and job opportunities after MBA in India 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 Manager, Marketing Manager, Card Payments Operations Head, Investment Banker

    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 Manager

    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.

    Related Questions

    Which is the best college in the lucknow for mba

    -PAVAN YADAVUpdated on October 18, 2020 04:19 PM
    • 1 Answer

    MBA HR and MBA Logistics and Supply Chain Management, which will be the better choice to choose?

    -HARISHUpdated on October 10, 2020 04:58 PM
    • 1 Answer
    Abhinav Chamoli, CollegeDekho Expert

    Dear Student,

    MBA in Human Resource (HR) and MBA in Logistics and Supply Chain Management (LSCM) are two very different courses and it cannot be said that one is better than the other. What you consider the better course would mainly depend on your educational background as well as your area of interest.

    Please note that in terms of job opportunities both of these courses offer excellent job opportunities but in very different fields. Job opportunities after MBA in HR are mostly available in a corporate setting in private companies while MBA LSCM jobs are mainly available in places such ...

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    hey i want to pursue MBA but in Punjab only so which college is best for me that assure me best job after pursuing MBA? please suggest me.

    -Gurpreet KaurUpdated on October 03, 2020 11:15 AM
    • 1 Answer
    Abhinav Chamoli, CollegeDekho Expert

    Dear Student,

    Placements in your MBA course largely depend on various factors including your performance in the course, reputation of college etc. Hence, when choosing an MBA course from a placement point of view, it is best to check their previous year placement records to get an idea.

    There are a number of colleges in Punjab that offer good placements in the MBA course. Some of the popular ones that you can consider include:

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    FAQs about MBA

    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.

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