What an MBA Degree Is and What You Need to Know?

If you are looking for a postgraduate course, and thinking what is MBA? You have landed at the right place, in this article your all doubts will be cleared. We will look at what is MBA course and what can you do with an MBA.

What is MBA?

MBA stands for Master of Business Administration. It is a higher level of education known as post graduation that is pursued after graduation. It is said to be one of the most prestigious and most popular postgraduate courses in India and Internationally.

MBA Course is the most valuable course that helps to advance the careers of the students. Many people today are pursuing MBA in various fields. An MBA course offers a wide variety of specializations for the students to choose from such as finance, marketing management, advertising, and communication.

Why to choose an MBA?

• It develops valuable skills

• Expands network

• Develops entrepreneurship skills

• Develops management skills

• Higher salary jobs

• Better career options

• Worldwide acceptable

• Increases knowledge and develops the business skills

• Develops communications skills

Eligibility criteria to do MBA courses in India

The basic entry criteria for any type of MBA is a three-year degree with at least 50 per cent of the total in any stream. But some top institutes like IIM and IIT require a total of 60 per cent. Students in reserved categories such as OBC, SC, and ST are provided 5 per cent relaxation of the required percentage.

MBA entrance exams for admission

Top business colleges such as IIMs consider the CAT for admission. The CAT, XAT, IIFT, NMAT, SNAP, CMAT, MAT, IBSAT, ATMA, KIITEE, MICAT, IBSAT, TS ICET and GMAT Focus Edition are the best entrance exams for MBA admissions.

MBA programs types

• MBA full time (1-2 years)

• Part time (2+ years)

• Executive MBA (1-2 years)

• Online MBA (2+ years)

• Distance Education (2-5 years)

• 5 year-integrated MBA (includes UG and PG degree )

MBA Specializations

There are a lot of benefits of taking an MBA as a career option as it provides a huge variety of career options, specializations such as Business analytics, Entrepreneurship, Finance, HR, Marketing and Health Care Management. Accounting, Business Management, Operations Management and Logistics and Supply Chain Management. MBA Information Technology, International Business, MBA Systems Management, Retail Management, Agribusiness.

What can you do with an MBA?

Choosing the best specialisation in MBA according to your interest will shape your career and future goals. With an MBA degree, suitable skills and experience provide you with the highest-paying job opportunities. Here are some of the job opportunities that you can do after doing an MBA graduation.

MBA Job opportunities

The MBA degree provides a wide variety of job opportunities in the various industries listed below. Students who are willing to build their career in MBA must select the correct specialization as per their interest that the course is offering.

An MBA professional or a job holder gets higher pay depending on the experience they hold. An MBA professional's average salary in India depends on their specialization and experience. Below is the list of MBA professional salaries in India as per their specialization.