MBA full form is Master of Business Administration, is a two-year postgraduate degree programme in the field of management and business administration. In India more than 4500 private, government colleges and deemed universities offer MBA in various specialisations, such as Finance, Human Resource, Digital Marketing and Retail Management.
The average package of IIM Calcutta is Rs. 35.07 LPA in 2023 placement record. The median salary of Indian Institute of Management Kozhikode is Rs. 27 LPA and the average salary of the female students is Rs. 31.93 LPA. Students who have completed 10+2+3 are eligible for the MBA degree programme. Major entrance exams for MBA degrees are CAT, MAT, XAT.
The full form of MBA is Master of Business Administration, which can be pursued by students from any background. There are multiple MBA specialisations, such as accounting, financial management, cost and management accounting, human resource management, marketing, and strategic management.
Particulars | Details |
---|---|
Course Name | MBA |
MBA Full Form | Master of Business Administration |
MBA Course Level | Postgraduate |
MBA Course Types | Full-Time MBA, Part-Time MBA, Distance MBA, Executive MBA, Online MBA, and Integrated MBA |
MBA Course Duration | Full-time MBA: 2 years Executive MBA: 1 - 1.5 year Online/ Distance MBA: 2 years Integrated MBA: 5 years |
MBA Eligibility Criteria | Candidates must pass a bachelor's degree in any specialisation from a recognised university with a minimum aggregate of 50 per cent (In the case of IIMs, it is 60 per cent). |
MBA Entrance Examinations | |
MBA Top Colleges | IIMs, MDI Gurgaon, FMS Delhi, SPJIMR Mumbai, XLRI |
MBA Specialisations | MBA in Finance, MBA in Sales, MBA in Human Resources, MBA in Marketing, MBA in Business Analytics, MBA in Digital Marketing |
Average MBA fees | Government colleges: Rs 50,000 to Rs 4 lakh Private colleges: Rs 20 lakh to Rs. 25 lakh |
MBA Jobs | Manager, Sales Manager, Marketing Manager, HR Manager |
Average MBA Salary | Rs. 15,00,000 LPA |
MBA Top Recruiters | Google, Deloitte, NTPC, Citibank, ITC, Vodafone, Larsen & Toubro, Microsoft Amazon, Wipro, PwC |
Many colleges offer the MBA course programme, which is a popular master's degree programme in business, management, and commerce. Establishing strong social and professional networks while attending colleges and developing managerial skills which may lead to employment opportunities in various fields. MBA programmes provide comprehensive and organised instruction that is centred on business goals.
MBA in India offers a variety of specialisations that can be pursued by both undergraduates and working professionals. Graduates of tier-one business schools in the world, such as IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, and FMS Delhi, earn roughly Rs. 20 lakhs per year on average.
Master of Business Administration jobs are in high demand in corporate and business organisations. In India, earning an MBA degree opens the door to a myriad of job prospects. Some of the advantages are high remuneration, various job opportunities, exposure to multiple industries, and career advancement.
MBA degree programme is one of the popular courses among students who want to pursue a management degree at the postgraduate level. MBA degrees can be offered in multiple types based on the mode of education, such as distance and online mode, which help students to complete the course programme at their convenience. Some of the types of MBA courses are:
MBA degree has various specialisations that focus on general business administration along with the specific topics. Some of the most sought-after MBA specialisations are Finance, HR, Marketing Management, and Banking and Finance Management. In recent times, colleges are offering new specialisations, such as MBA in FinTech, Artificial Intelligence, Data Analytics and Aviation Management.
MBA Specialisations | |
---|---|
MBA Port and Shipping Management | MBA Retail Management |
MBA Banking and Insurance | MBA Capital Market |
Depending on the type of MBA degree, different MBA eligibility criteria are required to apply for it. B.Tech, BBA, BCA, B.Com, BA, and BSc graduates can pursue an MBA course as it is one of the most crucial degrees for the majority of managerial-level jobs across all industries and sectors.
Particulars | MBA Eligibility Criteria |
---|---|
Marks Required | 50 per cent or more |
Eligibility | Graduate in any bachelor's degree programme |
Entrance Exams | CAT, MAT, XAT, SNAP, GMAT |
Admission Process | Entrance Exam + Group Discussion + Personal Interview |
Work Experience | Not required except for the Executive MBA |
Students from any stream, such as Science, Humanities and Commerce can study MBA course. In this section, we have discussed the eligibility criteria for MBA admission:
MBA course duration is two years, which is divided into four semesters. The first year of the course covers the general management curriculum and the second year offers advanced knowledge on the particular specialisations. Although the MBA duration can vary depending on the type, an executive MBA duration is one year whereas the regular MBA is two years.
Also read: Top Online MBA Specialisations To Pursue
Candidates who opt for an MBA course is anticipated to work in management in a business after graduation. To succeed, candidates must possess the requisite leadership abilities and traits. MBA qualification not only includes the bachelor's degree but also some major skills like, managerial, analytical and decision-making skills.
MBA degree requires applicants to pass entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), and NMAT in order to get admission to top MBA Colleges in India. Some of the MBA entrance exams are mentioned in this section.
Exam Name | Level | Conducting Body | Exam Schedule |
---|---|---|---|
National | IIM Lucknow | ||
National | All India Management Association | ||
National | XLRI Jamshedpur | ||
National | National Testing Agency | ||
National | Graduate Management Admission Council |
Read more: Which One to Choose: Regular MBA vs Online MBA?
CAT is a highly competitive examination, making it one of the most difficult exams in India. To get into top management institutes in India, students need to score between 95-99 percentile which is very difficult if the students have not prepared thoroughly for the CAT examination. Therefore, students should have a preparation strategy in mind, to prepare for each section of the CAT or any MBA entrance examination.
The framework of a management entrance examination typically consists of sections such as Quantitative Aptitude, Verbal Ability & Reading Comprehension, and Data Interpretation and Logical Reasoning. MBA exams such as XAT also have a section on decision-making. In this section, we will discuss the various resources available for students preparing for the MBA entrance examinations.
For Verbal Ability and Reading Comprehension (VARC) -
For Data Interpretation and Logical Reasoning (DILR) -
For Quantitative Ability (QA) -
Listed below are the links that will be very helpful for the students preparing for the MBA entrance examinations. They can find below the links related to preparation tips, study plan, and mock tests.
According to how well students perform on the entrance exams, candidates are accepted for MBA courses in India's top management colleges. The admissions process of MBA programme is based on the merit list of these MBA colleges in India, although some colleges decide to conduct their own entrance tests. In this section, we have mentioned the types of the MBA admission process.
Admission to MBA courses in top private colleges in India as well as government colleges in India is based on the level of examination held by the relevant state or national organisations. The MBA admission process is carried out entirely on the basis of MBA entrance exams.
All qualified students must be able to pass the MBA entrance exams for the specific management college of their choice if they want to enrol in a Master of Business Administration programme in India. Additionally, they must successfully pass an entrance examination and interview procedures before being chosen.
National Entrance Test: There are many entrance exams that are conducted at the National level for MBA admission. Some of the top national-level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, and IIFT.
State-level MBA Admission: In addition to national-level MBA entrance examinations, various states also conduct their own MBA entrance test for admission. Qualifying candidates can take admission to any of the participating colleges across the state. Some of the top State-level exams include MAH MBA CET, OJEE MBA, TANCET, APICET, KMAT.
University Entrance Test: Some of the reputed MBA colleges conduct various tests at the university level for the admission of their students. Such university-level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET.
MBA is one of the most sought-after degree programmes in India and MBA seats in India have increased, in both the public and private b-schools and management colleges. In the tables below, we have mentioned the MBA seats of 2024 at top private and public colleges.
B-School | MBA Seats (Tentative) |
---|---|
412 | |
385 | |
462 | |
46 | |
60 | |
436 | |
360 | |
375 | |
60 | |
451 | |
120 | |
200 | |
235 | |
150 | |
335 |
Note - The number of seat seats might vary each year, depending on the specialisation and the colleges.
MBA cutoff depends on various factors, majorly on the entrance examination, such as CAT, MAT, XAT, and NMAT. Other parameters are the number of applicants and the difficulty level of the entrance exam. The details of the MBA cut-offs are also mentioned in the batch profile and the category and specialisation-wise rankings. In the table below, we have mentioned the CAT percentile 2023 of the top MBA colleges in India.
List of IIMs | CAT Percentile for IIM | IIM NIRF Rank 2023 |
---|---|---|
IIM Ahmedabad | 99-100 | 1 |
IIM Bangalore | 99-100 | 2 |
99 | 4 | |
97+ | 6 | |
97+ | 8 | |
97 to 98 | 3 | |
95+ | 51 | |
95+ | 43 | |
95+ | 58 | |
94 | 22 |
The MBA fee structure varies depending on the college. The MBA fees may vary based on the resources that students can access through their colleges in India. Students may also use the amenities provided by the university. In addition to all of these services, the MBA fees also cover the tuition fee.
The average MBA fee structure for top MBA colleges in India such as IIMs, SPJIMR, and MDI Gurgaon is around Rs. 20 lakhs to Rs. 25 lakhs for the entire MBA course. Additionally, other government colleges in India charge minimal average MBA fees of around Rs. 50,000 to Rs. four lakhs per annum.
See Also: 11 Cheapest Colleges to Study MBA Course in India
MBA course duration is of two-year which is divided into four semesters and an internship. In the tables below, we have mentioned MBA courses list which is divided into four semesters. In the first and second table, we have mentioned the MBA 1st year subjects and 2nd-year subjects respectively.
MBA 1st year syllabus covers the introductory subjects of the MBA degree programme. Some of the subjects are Business Communication, Business Research Methods, Organisational Behaviour, Management Science, Computer Applications and Management Information Systems and Economic Environment of Business. In the table below we have discussed the MBA first-yearf syllabus.
Semester I | Semester II |
---|---|
Business Communication | Business Research Methods |
Organisational Behaviour | Management Science |
Computer Applications & Management Information System | Economic Environment of Business |
Financial Accounting | Organisation Effectiveness and Change |
Human Resource Management | Management Accounting |
Quantitative Methods | Production Operations and SCM |
Legal Aspects of Business |
MBA 2nd year subjects are majorly focused on the specific specialisation, that students choose according to their preference. In the table below, we have mentioned the MBA syllabus for 2nd year.
Semester III | Semester IV |
---|---|
Business Ethics & Corporate Social Responsibility | Corporate Governance |
Elective Course II | Elective One |
Legal Environment of Business | Elective Two |
Elective Course III | Elective Four |
Strategic Analysis | Entrepreneurship Development |
Elective Course I | |
Elective Three | |
Elective Course IV | Elective Five |
There are various MBA colleges in India which offer quality management education and top specialisations according to the candidate’s interest. Some of these colleges in India are popular owing to their prime location and close proximity to industrial and business corporations. In the table below, we have mentioned the MBA colleges in India by location as mentioned below:
There are various B-schools in India which offer quality education and in various specialisations. In the table below, we have mentioned the B-schools in India by state as mentioned below:
In India, there are a number of private MBA colleges in India offering MBA programs. Private colleges are significantly more expensive than public universities. Some of the top private colleges and also MBA course fees are discussed below:
Colleges | Fees | NIRF Rank |
---|---|---|
Rs. 9.35 Lakhs | 60 | |
4.60 Lakhs | 36 | |
6.40 Lakhs | 77 | |
Rs. 12.40 Lakhs | 28 | |
22.20 Lakhs | 17 | |
3.16 Lakhs | 32 | |
17.34 Lakhs | 42 | |
20.77 Lakhs | 45 | |
7.05 Lakhs | 57 | |
KIIT University - Kalinga Institute of Industrial Technology, Bhubaneswar | 12.90 Lakhs | 59 |
Attending a government-run management college is less expensive than attending a private college. These government colleges are well-known for their high academic standards throughout India. The following are some of the best government colleges and also MBA course fees:
Colleges | Fees | NIRF Rank |
---|---|---|
Rs. 24.61 Lakhs | 1 | |
Rs. 24.50 Lakhs | 2 | |
14 Lakhs | 7 | |
19.26 Lakhs | 16 | |
8.52 Lakhs | 18 | |
17.21 Lakhs | 19 | |
3.01 Lakhs | 23 | |
17.30 Lakhs | 24 | |
47,000 | 25 | |
17.17 Lakhs | 27 |
After pursuing an MBA in India, students can either start working as full-time professionals or pursue their own startup or higher studies. There are various companies that offer MBA jobs to graduates with appropriate skills and experience.
Option 1: After completing an MBA degree programme, candidates can start working as full-time employees in the corporate sector with an average salary of around Rs. 12 lakhs per annum.
Option 2: Candidates can also choose to pursue a PhD programme in management or a related field.
Many students take up MBA degrees in order to get a job after completing their studies. After getting an MBA degree, many of them find MBA job opportunities in various industries such as Human Resources, Finance, and Operations.
Job Profile | Job Description | Average Salary |
---|---|---|
Manager | A manager is responsible for the management of a team, department, or organisation. He or she works as a leader of a team and supervises the work of its members. | Rs. 11.6 LPA |
Sales Manager | A sales manager is responsible for the management of all the tasks involved in the sales process. This professional is also responsible for ensuring that the targets are met and that profits are maximised. | Rs. 5.0 LPA |
Marketing Manager | A marketing manager is responsible for various tasks and responsibilities related to marketing such as campaigns, sales tasks, client proposals and marketing of different products. | Rs. 7.0 LPA |
HR Manager | A human resource manager is responsible for the management of the human resources function of an organisation. His or her responsibilities include the recruitment process, employee relations, and professional dispute resolution. | Rs. 6.6 LPA |
MBA salary depends on the MBA specialisation chosen by the students. After pursuing an MBA course in India, the average MBA salary is around Rs 4,00,000 to Rs. 32,00,000 per annum. The types of MBA jobs you can eventually end up in will depend on the MBA specialisation you choose.
Most of the time, management students are selected from the marketing specialisation. MBA specialisation, experience, industry, college, and designation are some of the important factors on which the MBA salary depends. In the table below, we have mentioned the salary of MBA graduates in India.
Job Profile | Average Salary |
---|---|
Organisation Name: Deloitte | |
Rs. 6.3 LPA | |
HR Manager | Rs. 15.2 LPA |
Sales Manager | Rs. 6.3 LPA |
Marketing Manager | Rs. 18.4 LPA |
Rs. 19.1 LPA |
Source: Ambition Box
Job Profile | Average Salary |
---|---|
Organisation Name: SBI | |
Rs. 17.8 LPA | |
Rs. 10.9 LPA | |
Rs. 18.4 LPA | |
Rs. 12.0 LPA | |
Sales Manager | Rs. 4.7 LPA |
Source: Ambition Box
Read more: Advantages and Disadvantages of Online MBA Course
Many recruiters hire MBA freshers for various job openings in different sectors once they complete an MBA programme. The top recruiters in a wide range of industries who offer MBA jobs are listed below.
MBA is one of the sought-after courses for students after graduation and also benefits working professionals to excel in their careers. The MBA degree programme equips candidates with various management knowledge and skills. Some of the career options that candidates can choose after completing an MBA programme are Manager, Sales Manager, Marketing Manager, and HR Manager.
An MBA is a postgraduate-level degree that offers both practical and theoretical knowledge in business, finance and investment management. Master of Business Administration is a professional degree programme of two years. MBA degrees can be offered in various modes, such as online MBA, part-time MBA, Distance MBA, Integrated MBA, and Executive MBA.
The total duration of a full time MBA degree programme is two years equally segregated into four semesters.
MBA requirement is a bachelor's degree in any stream is eligible to participate in an MBA postgraduate programme.
The admission to MBA degree programmes 2024 in private and government colleges is provided on the basis of national, state or university level entrance examination.
Some of the top MBA entrance examinations are CAT, XAT, SNAP, CMAT, IIFT.
An MBA is a degree, but a PGDM is a diploma programme, and that is the fundamental distinction between the two. PGDM programme is offered by stand-alone institutions or autonomous bodies, whereas MBA is offered by universities or MBA colleges affiliated with top management universities.
If you want to pursue a master's degree in business administration, then students must check the MBA qualifications, which include a bachelor's degree programme in any specialisation and some skills such as analytical, managerial and decision-making skills.
Sales manager, executive manager, operations manager, human resource manager, and supply chain manager are a few of the most sought-after professions for MBA candidates.
Yes, you can join MBA degree programme, without a CAT score, you need to meet other MBA eligibility criteria, such as the need to pass a bachelor's degree programme, and can also appear for the other entrance examination, like MAT, XAT, and CMAT.
Yes, a BSc student can pursue an MBA after completing their graduation. The main criteria for admission in MBA programmes are a bachelor's degree with minimum 50 per cent marks from recognised universities and also need to qualify CAT or MAT entrance examination. Pursuing an MBA degree after earning a B.Sc. enables you to explore highly paid jobs across various industries.
Some of the MBA subjects are Business Communication, Marketing Management, Organisational Behaviour, Human Resource Management, Computer Applications & Management Information System, Quantitative Methods, Financial Accounting, Managerial Economics.
MBA full form is Master of Business Administration, it is a two year postgraduate degree programme in business administration.
Hello there,
With a 71.5 percentile in CMAT and 77% in BBA, you do have a chance of getting into BK School of Business Management (Gandhinagar Institute of Technology) for MBA, especially if they have a lower cutoff in the 4th offline round. Admission can depend on factors like your performance in the entrance exam, overall profile, and availability of seats. It's also helpful to keep an eye on the specific requirements and trends from previous years to gauge your likelihood better. If possible, consider reaching out to the admissions office for more tailored guidance.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hello aspirant,
The exposure that foreign universities provide is significantly superior than that of Indian ones. Even though the curriculum and study methods are the same, the exposure is very different. Ultimately, it is a matter of preference and financial constraints.
Thank you
Hope it helps you
Hello there,
The
MBA in International Business and Foreign Trade
at
KS School of Business Management
, Ahmedabad, is a solid program for those interested in a specialized career in global business, trade policies, and international markets. Here's an overview of the program and its reputation:
Key Highlights of the Program:
Specialization : The program focuses on International Business and Foreign Trade , providing students with insights into global trade practices, international marketing, export-import regulations, and foreign policy, which are crucial in today’s globalized economy.
Reputation
: KS School has built a good reputation, especially with its
integrated 5-year MBA program
. This suggests that the institution has strong faculty, relevant curriculum, and solid industry connections. The specialized MBA benefits from this foundation.
Curriculum
: The MBA in International Business typically includes subjects like international trade laws, global supply chain management, cross-cultural management, and international finance, helping students develop a well-rounded skill set for the global market.
Industry Exposure
: The program offers good industry exposure, with opportunities for internships, seminars, and interaction with trade professionals, which can be beneficial for placements.
Placement Opportunities
: Graduates from KS School generally have good placement opportunities, especially in
multinational companies
(MNCs),
export houses
,
logistics firms
, and
consulting
. Ahmedabad, being a major trade hub, provides additional opportunities for networking and internships in this field.
Conclusion:
The
MBA in International Business and Foreign Trade
at KS School of Business Management is a strong program with a good reputation, particularly for those looking to build a career in global markets or international trade. The school's established integrated MBA program adds credibility, and the location in Ahmedabad can offer valuable industry connections.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
For an 8600 rank in PGCET for MBA, some of the best options in Bangalore include:
1. Bangalore University – Known for its robust programs.
2. Christ University – offers a good MBA program and has a trustworthy reputation.
3. IFIM Business School – Known for its industry connections.
4. Dayanand Sagar University – Offers various specializations. While these institutions may vary in terms of placement and infrastructure, they generally offer a good academic environment. For more information on their admission criteria and programs, we recommend that you visit their websites or contact them directly.
Hello,
You can transition into fashion designing without starting a new bachelor's degree. One may opt for an MBA in Fashion Management or a Postgraduate Diploma in Fashion Designing. It is devised to render industry knowledge and managerial skills, which would be an excellent bridge from engineering to fashion.
The other high-value niche opportunity is short-term courses or certificates in fashion designing offered by institutes like NIFT or Pearl Academy, or online ventures like Coursera. These would be pursued without commitment to a full bachelor's program, helping the individual to meet his or her required skill sets.
Starting with an MBA in Fashion Management that will save a lot of time yet give a comprehensive understanding of the business aspect of the industry, and then part-time courses in fashion design to gain practical skills. Here, you can merge both without losing too much time to either.