MBA

MBA is one of the most popular post-graduate programmes in India and throughout the world. MBA full form is  –  Master of Business Administration. Most management level employment across domains and industries require an MBA degree, which is why a huge proportion of B.Tech, BBA, B.Com, BA, B.Sc, and BCA graduates now pursue an MBA after completing their graduation.

MBA admission 2023 is based on MBA entrance exams, which is followed by a round of personality assessments (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). In order to be eligible for MBA courses, students must typically have at least a 50% average in their undergraduate degree from any field. Some of the top MBA institutions in India that allow admission through these tests include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, and ISB. The MBA cost normally varies between INR 10-25 lakh depending on the college, although there are several extremely prominent top universities where the course tuition is substantially lower than INR 10 lakh, such as FMS Delhi and JBIMS Mumbai. 

What Is MBA ?

MBA is also known as Master of Business Administration. The MBA course is a management and marketing-focused academic degree. It covers topics like organisational behaviour, marketing, management principles, supply chain management, operations management, and so on.

MBA Admission 2023 is done through entrance exams such as the CAT, MAT, XAT, GMAT, and so on. GMAT is effective for students who want to study MBA abroad. CAT is indeed the most popular and the most difficult MBA entrance exam in India. Each year, over 2 lakh students take the CAT exam to seek admission to IIMs and other B-Schools that accept the CAT score.

MBA entrance examinations are held between November and April, and students are admitted to B-Schools based on their performance in these exams. MBA registration are now being accepted at various universities based on recent entrance exams. MBA entrance exam registration for the following season will commence in August. 

Also Checkout the Top MBA Colleges In India (City/ State vise) 

MBA Course Details : Key Highlights

Take a good look at the table below to get a general idea about MBA courses list,mba fees,eligibilty as well as the MBA scholarship for Indian Students .

Below is the complete breakdown of MBA Course Structure.

MBA Eligibility Criteria

• The MBA Eligibility criteria for Full time MBA course is, graduation in any subject or equivalents from a recognised university.The majority of colleges adhere to the graduation minimum score requirement of 50% in average or comparable .The minimal aggregate score for students in the reserved category is 45% .

• Final year graduating applicants are also eligible to enrol for MBA ,providing they submit proof of completion of their graduation within the time frame given by the institute.

• Professionals with CA/CS/ICWAI and other degrees can also pursue an MBA

Know More:

Top MBA Colleges with Low Fees and High Packages (ROI) 

(Summer Placement +Final Placements and Course Fees)

MBA Colleges generally provides students /MBA aspirants with the final placement data. The final placement along with the mba fees is then used to calculate the general return on Investment (ROI) of these MBA colleges.

However, these data has a huge loophole . One can even question the accuracy of ROI data published by these premium Institutes. As it fails to take into account the Summer placements of these Institutes.

In the table below we will look at the summer placements of MBA colleges and overall ROI of these institutes.

Also Check: Salary Breakdown of Different Courses

How To apply to Colleges offering MBA Courses

   MBA College Application Process “Step by Step Guide”

• Know your MBA entrance exam Application starting date and Deadlines
• Go to the official college website or the entrance exam page and fill the application form
• Sign up for the MBA Entrance Exams
• Double check and submit your applications
• Repeat the same process and apply for other colleges offering a MBA course

Note - Top MBA colleges generally prefer candidates with some work experience.

Heard of BBA + MBA integrated course? Check out why it has become so popular lately.

Why Do MBA ? 

Completing an MBA course displays a dedication to learning, refining, and implementing abilities that can support a company's success. Furthermore, professionals with MBAs are more confident in their market potential and the abundance of information they can bring to diverse projects. These are just a handful of the reason why most people go for an MBA course .

1) A Better Understanding of Global Market

Earning an MBA course connects you with students from all around the world, each with their own professional experience and perspective on the global economy. In addition to academic courses, MBA students can broaden their knowledge of a variety of sectors throughout the world because of the exposure that top colleges provide them.

2) Improve your Communication Skill

Professionals must be able to communicate effectively in order to succeed. Communication may be considered a "soft talent" in comparison to "hard skills" such as building a P&L model, but it is no less vital. An MBA course may help you refine your verbal and writing communication abilities, allowing you to properly explain concepts to individuals at all levels of a business, ensuring everyone can work together toward a singular goal.

3) Jop Opportunities

An MBA course might help set a candidate apart from their colleagues in a highly competitive employment environment. An MBA course can be useful in any field, from energy to consumer items to start-ups. Employers often search for candidates with an MBA to employ or promote because they have talents in marketing and finance that others in the firm may lack. This enables them to get started right away with various projects and assist their firm improve earnings.

4) Boost your Professional Network

Completing an MBA course introduces you to a vast network of  alumni, allowing you to meet prominent and intelligent people you would not have met otherwise. You will be able to network with other individuals in the classroom and beyond, in addition to being a part of a wider community.

More MBA Courses:

MBA Courses After 12th

While MBA courses typically require a bachelor's degree for admission, there are some integrated programs that allow students to pursue an MBA directly after completing their 12th grade. Here is a list of integrated MBA courses that can be pursued after 12th:

1. Integrated MBA in Business Administration
2. Integrated MBA in Finance
3. Integrated MBA in Marketing
4. Integrated MBA in Human Resource Management
5. Integrated MBA in Operations Management
6. Integrated MBA in International Business
7. Integrated MBA in Entrepreneurship
8. Integrated MBA in Information Technology
9. Integrated MBA in Supply Chain Management
10. Integrated MBA in Healthcare Management
11. Integrated MBA in Hospitality and Tourism Management
12. Integrated MBA in Retail Management
13. Integrated MBA in Communication Management
14. Integrated MBA in Sports Management
15. Integrated MBA in Agribusiness Management

MBA Entrance Exam 2023

There are various MBA Entrance exams conducted throughout the year from CAT, XAT, MAT, NMAT,GMAT to SNAP etc. Top MBA colleges in India select candidates based on these Entrance exams score. We will recommend you to go through the details of these MBA Entrance exams to get a good picture of mba eligibility criteria along with the mba fees and cut-offs and prepare accordingly.

Top MBA Entrance Exams

Every year around 5-10 lakh students sit for various MBA entrance exams . The volume of applicants makes this exams highly competitive and hence even though many colleges accept CAT,XAT,GMAT exam scores,most colleges prefer to conduct their own examinations with somewhat different criteria.

Below we will take a look at all the Top MBA Entrance Examinations that are conducted for admissions into best MBA colleges -

CAT Entrance Exam

The Common Admission Test (CAT) is India's most prominent national level mba entrance exam, allowing candidates to get admission to top management colleges. There is no question that it is the country's largest MBA entrance exam. This Common Admission Test is administered on a rotating basis by the IIMs (Indian Institutes of Management).

The CAT Exam is the most popular of the annual IIM admission examinations. CAT Exam is required for applicants seeking admission to MBA courses . The CAT test is required for admission to the IIMs and other top business institutions in India.

The CAT Exam 2022 is scheduled to take place on November 27, 2022. It is a computer-based exam given in 156 places across India.

CAT Exam Highlights 2023

Also Read: MBA in Digital Marketing

Expected CAT Cut-off 2022: Top IIM's

The predicted CAT 2022 cut off percentiles for General category students seeking admission to the top 20 IIMs are shown below. The cut offs shown below are the expected final cut offs based on which candidates will be invited to the interview phase. Please keep in mind that while the CAT cut offs for general category students remain high (90-100), the minimum percentile necessary for reserved category students has been significantly relaxed.

CAT Cut-off 2022: Top MBA Colleges (Non IIM'S)

Given the competition in the MBA entrance exams it is normal for a good a student to not get their desired college .IIMA's might be the epitome of MBA colleges but there are other Non-IIM's that provides good placement and sometimes provide better ROI (Return on Investment ) than Top IIM's.

Below is the list of some of the most prominent Non-IIM Colleges . 

XAT Entrance Exam 

The XAT exam 2023 will take place in the first week of January. The test is normally held on the first Sunday of January, however because the first Sunday in 2023 is New Year's Day, XAT may be held on the following Sunday. XLRI Jamshedpur will formally announce the XAT 2023 test date in the final week of July. Registration for the XAT 2023 test will open in the first week of August.

MAT Entrance Exam

AIMA has revealed the MAT 2023 May test schedule. May MAT Exam Dates 2023, registration dates, application submission dates, and admit card distribution dates are as follows:

NMAT Entrance Exam 

NMAT is recognized by NMIMS University as well as 50+ other top business schools and universities. You may self-schedule, reschedule, and take the NMAT 2022 test on any day in either a Test Center or as an Online Proctored Exam from Home. NMIMS Mumbai, VIT, and XIMB are among the top MBA schools that accept the NMAT 2022.

GMAT Entrance Exam

The GMAT full form is Graduate Management Admission Test . Taking the GMAT exam is a smart first step if you are serious about pursuing an international MBA or Masters in Management degree from a top business school in the United States, Europe, Canada, Australia, Singapore, or another foreign location

Apart from pursuing MBA admission abroad, you may also apply for admission to the flagship MBA/PGDM programmes at several major MBA institutions in India through GMAT, such as SPJIMR, XIMB, IMI, IMT, and Great Lakes.

GMAT Cut-off: Top MBA Programs in India

CMAT Entrance Exam

CMAT registration process is open from February 16, 2022. Detailed schedule of CMAT Exam 2022 dates and other CMAT 2022 important dates and details are as under:

TISS Entrance Exam

Candidates who score well in TISSNET 2023 will be offered admission to prestigious M.A. programmes at Tata Institute of Social Sciences. These TISS Masters degree programmes are on par with numerous MBA courses given by India's leading MBA institutes.

IIFT Entrance Exam

On Sunday, December 4, 2022, the National Testing Agency (NTA) will administer the IIFT 2023 exam as a computer-based examination lasting two hours. To apply, go to iift.nta.nic.in and pay a registration fee of Rs.2500/-. The IIFT 2023 mba entrance exam will be held in over 68 places throughout India. Applicants can select four test cities in order of preference.

SNAP Entrance Exam 

MBA Courses List

MBA courses list are available in a variety of formats and arrangements. Traditionally, Full-Time MBA courses are of two years duration and have been the most popular among management applicants; however, due to flexibility, Executive MBA and Online MBA programmes have grown in favour in recent years. Read on for some significant aspects of each MBA course:

Types of MBA Courses

There are 5 Types of MBA Courses available in India in various formats, namely - MBA Full time Course, MBA part time Course, Distance MBA Course, Online MBA Course, Executive MBA Course and Integrated MBA Course.

Full-Time MBA Course

A full-time MBA (Master's of Business Administration) degree is a general management degree that aims to provide students with a deep understanding of how businesses run and how business executives rise to meet ever-changing conditions and problems.

Regardless of where a student studies, the core (mandatory aspects) of an MBA programme will nearly always contain courses in finance, marketing, strategy, human resources, and operations management.

Top 10 MBA Colleges in India 2022: Full-Time MBA course

Listed below are the Top 10 Colleges For Full-Time MBA by NIRF Ranking

Part-Time MBA Course

Many institutes offer normal full-time MBA or PGDM degrees, however not everyone can study management programmes through regular classroom learning style, with programme duration of two years. Part-Time MBA is an excellent option for students to accomplish their MBA dreams. As a result, numerous MBA institutions in India are now providing part-time MBA courses. Part-Time MBA courses are rapidly expanding in India, and the Best Part Time MBA Degrees in India 2019 are now provided by MDI, IMT, Symbiosis, and NMIMS, among others. Furthermore, Part Time MBA from IIMs has enhanced the notion of completing Part Time MBA Courses.

Top 5 Colleges For Part-Time MBA Course

Distance MBA Course

Distance MBA candidates complete the programme through remote contact and correspondence. Because it is inexpensive and flexible, the course is ideal for persons with limited time and money. There is the option of finishing the course in two to five years. In India, there are around 490 Distance MBA institutions. The most well-known is IGNOU.

IGNOU MBA admissions for the July session are set to open on June 11. Candidates seeking admission will be able to apply online at at the official site of IGNOU, the university's official website. The MBA course will be selected based on merit in the qualifying exams.

The IGNOU MBA course is a two-year distance learning programme with concentrations in Banking and Finance, Human Resources, Marketing, Service, and Operations Management. The institution has recently begun an AICTE-approved IGNOU Online MBA degree course. Admission to the MBA course at IGNOU occurs in two cycles: January and July. Candidates must have a bachelor's degree from a recognised university with at least 50 percent marks in aggregate to be eligible for admission.

Top 5 Colleges For Distance MBA Courses

Below is the list of most preferred colleges for Distance MBA Courses

• Symbiosis Centre For Distance Learning
• Indira Gandhi National Open University
• L.N. Wellingkar Institute of Management
• ICFAI University
• AMITY University

Online MBA Course

Because of its ease and flexibility, this is now the most common method of MBA education. Lectures are delivered via video conferencing in Online MBA courses, while notes, examinations, and assessments are stored in a Learning Management System (LMS). Because there are no actual courses in Online MBA, one can study in one location while living in another. There are also no attendance restrictions because the lectures are recorded and preserved in the LMS. In India, there are over 170 Online MBA colleges, the majority of which are private universities.

Best Colleges for Online MBA Courses

Listed below are the most preferred colleges for online MBA

• AMITY University

• Bangalore University

• Jain University Online

• Annamalai University Online

• ICFAI University

• DY Patil University Online

• Bharathidhasan University Online

• Manipal University Online

• Indira Gandhi Nantional Open University Online

• NMIMS University Online

Executive MBA Course

This programme is solely for working professionals with more than five years of experience. The curriculum is identical to that of a Full-Time MBA course, however it is shorter in duration (15 to 19 months). Executive MBA courses are costly, and some employers offer applicant sponsorship.

Best Colleges for Executive MBA Course

Listed below are the Top 10 Colleges for Executive MBA Courses

• Indian Institute Of Management Ahmedabad , IIM-A
• Indian School of Business , ISB
• Indian Institute of Management, Bangalore (IIM-B)
• IIM Calcutta , (IIM-C)
• Xavier School of Management, Jamshedpur (XLRI - Jamshedpur)
• IIM Lucknow , IIM-L
• Faculty of Management Studies , FMS Delhi
• IIM Kozhikode , (IIM-K)
• IIM Indore ,(IIM-I)
• Indian Institute of Foriegn Trade , IIFT Delhi

Integrated MBA Course

The Integrated MBA course, also known as the IPM (Integrated Programme in Management), is a five-year curriculum that integrates undergraduate (BBA) and postgraduate (MBA) studies (MBA). It is one of the most sought-after programmes in which students may enter immediately after graduating from high school.

Top 10 Colleges for Integrated MBA Course

• Indian Institute of Management ,Ranchi (IIM Ranchi)
• Indian Institute of Management,Jammu (IIM Jammu)
• Indian Institute of Management,Bodh Gaya (IIM Bodh Gaya)
• Indian Institute of Management, Rohatak (IIM Rohtak)
• Indian Institute of Management, Indore (IIM Indore)
• Xavier University
• Narsee Monjee Institute of Management (NMIMS)
• Nirma University Institute of Management
• SRM Institute of Science and Technology
• NIIT University

Top MBA Colleges in India (City Wise)

Delhi , Mumbai , kolkata ,hyderabad and bangalore all are known cities in india. These 5 cities are home to most of the top MBA colleges in India . From FMS in delhi , NMIMS in Mumbai to IIM in Bangalore are all dream colleges of any MBA aspirants . Below we will take a look at all these colleges inn detail . 

TOP MBA Colleges In Mumbai

TISS, IIT Bombay, NMIMS, JBIMS along with SPJIMR are some of the top MBA colleges in Mumbai. Below we have mentioned a list of MBA colleges in Mumbai, exams they accept along with Cut-Off, and mba course fees and placements.

TOP MBA Colleges In Delhi

Delhi has some of the Top MBA Institutes in India. FMS Delhi, IIFT Delhi ,IIT DMS Delhi, JNU , IMI Delhi are few of the best NIRF ranked MBA colleges which are known for its low mba fees and good ROI .

Below is a list of Top 10 MBA Colleges in Delhi along with the mba course fees and 2022 placement record

TOP MBA Colleges In Bangalore

IIM Bangalore ,IFIM Business school , Christ University ,GIBS Business School are some of the prominent examples of MBA colleges in Bangalore.

Below is a list of the TOP 10 MBA Colleges In Bangalore

Top MBA Colleges in Kolkata

Kolkata is home to one of the best MBA colleges in India. From Indian Institute of Management Calcutta (also known as IIM-C) to IIFT and IMI all have their respective branches in Kolkata.

Below is the list of Top 10 MBA colleges in Kolkata -

Top MBA Colleges in Hyderabad

ICFAI Business School , ISB Hyderabad , SIBM ,IMT ,Woxsen University are some of the most preferred MBA colleges in Hyderabad .

Below is a list of Top 10 MBA colleges in Hyderabad

Jobs After MBA

Top recruiters for MBA graduates all around the world want to employ MBA graduates based on their abilities and knowledge. According to a Times of India article, despite the economic downturn and a spreading pandemic, the employability of MBA graduates has improved significantly. In reality, it is 54 percent, the most among other professional degrees such as B.Tech, B.Pharma, and so on. MBA graduates are preferred by top recruiters because they lead a firm on a proper path.

Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, and Accenture are among the top MBA recruiters. Finance Manager, Product Manager, Strategy Manager, HR Manager, and other middle management positions are commonly available to MBA graduates. Students who complete the MBA course may expect to earn between INR 8 lakh and INR 30 lakh per year.

MBA Salary in India – Specialization Wise

Choosing a specialized field is recommended as it helps a student to gain in-depth knowledge related to the area of specific interest.

People Also Ask - 

What is the eligibility criteria  for MBA?

To be eligible for an MBA program, a candidate typically needs to have completed a bachelor's degree from an accredited institution. Some MBA programs may require a minimum GPA or specific coursework in areas such as accounting, finance, or statistics. Many programs also require applicants to submit standardized test scores, such as the Graduate Management Admission Test (GMAT) or the Graduate Record Exam (GRE). Additionally, candidates may need to provide letters of recommendation, a personal statement or essay, and participate in an interview process. It is important to research the specific requirements of each MBA program you are interested in applying to and ensure that you meet all eligibility criteria before submitting your application.

How can I get MBA after 12th?

I'm sorry, but an MBA is a postgraduate degree that typically requires a bachelor's degree or equivalent work experience as a prerequisite. Therefore, it is not possible to pursue an MBA directly after completing 12th grade. However, you can consider pursuing a bachelor's degree in business administration or a related field as a first step towards eventually gaining eligibility for an MBA program. It is important to research and plan your educational path carefully to ensure that you are taking the necessary steps to achieve your career goals.

Is MBA a useful degree?

As an AI language model, I don't have personal opinions. However, an MBA (Master of Business Administration) degree can be useful for individuals who want to pursue a career in business or management. It provides a broad understanding of various business functions such as finance, marketing, operations, and strategy. Additionally, an MBA can help individuals develop valuable skills such as critical thinking, problem-solving, and leadership that are highly sought after by employers. However, the usefulness of an MBA degree may depend on individual circumstances such as career goals, industry trends and market demand. Ultimately, it is up to each person to weigh the potential benefits and costs of pursuing an MBA degree.