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Hi Jayakumar,
That depends on what you want to do next. Do you wish to be in academics? or do you want to work? An MBA is a master's degree that is suppose to enhance your business administration skills. Many UG students pursue it after a couple of years of experience. However, there is no requirement as such. You can pursue it as a fresh graduate too. You can pursue PhD in the area of specialisation, but do so only if you are interested in getting into academics. Having a PhD wouln't add much in terms of a job in management.
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