MBA

Post Graduate Level Course

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About MBA

What is MBA?


The Master of Business Administration shortened as MBA is one of the most prominent postgraduate programs across the world. As the name suggests, MBA program covers several areas of business administration including Accounting, Human Resources, Business Ethics, Business Management, Finance, Economics, Entrepreneurship, Supply Chain Management, etc. The objective of offering MBA program is to instill students with business and management skills and turn them into business leaders and entrepreneurs. The MBA is a terminal as well as a professional degree. The two-year program offers students a plenty of job opportunities in the corporate sector.


What makes an MBA program one of the most prominent programs after graduation is its eligibility criteria. Students from any field such as Science, Commerce, and Humanities stand eligible to apply for the program and can pursue their degree in any of the specializations offered in the program.


MBA and PGDM Programs


In India, the management institutions generally provide two types of management degrees i.e. Master's in Business Administration (MBA) and Post Graduate Diploma in Management (PGDM). Students from any background can apply for management program and pursue their career in this field for better job opportunities. The duration of a regular MBA or PGDM program is 2 years. The duration of the program is generally divided into four semesters. Some of the institutes also offer PGDM program for one year of duration.


The MBA program is offered through various modes namely Regular, Part time, Online, and Distance Education. Choosing one of the modes depends on candidates' ability and convenience. Candidates interested in pursuing their career in MBA or PGDM can also apply for customized program based on their professional work experience such as Executive MBA.


There are various management institutions that, instead of MBA, offer Post Graduate Diploma or Post Graduate Program in Management. The two programs stand similar except the titles they carry.


MBA Eligibility


As mentioned above, the basic eligibility criterion to apply for MBA makes it one of the most sought-after programs in the country. Below mentioned are the eligibility criteria for admission to MBA program:
 

  • The basic eligibility criterion for admission to full time MBA or PGDM program is to have a bachelor's degree in any field from a recognized university.
     
  • Some of the management institutions have defined their own minimum score criterion to shortlist candidates. These institutes shortlist candidates with at least 50% marks in aggregate in their graduation degree. This criterion is reduced to the aggregate of 45% marks in case of reserved categories.
     
  • Candidates appearing in the final year of their graduation also stand eligible to apply for MBA or PGDM programs.


MBA Institutes


The most important and relevant question that still remains unanswered is which management institute students must go for. There are various management institutes in the country but some of the best ranked institutes over the past few years include Indian Institutes of Management (IIMs), Symbiosis International University (SIU), XLRI Jamshedpur, and many more. The ranking of these institutes take place according to both government and private ranking agencies such as NIRF, Outlook, The Week, etc.


Below is the list of Top 10 MBA Institutes ranked by NIRF:
 

NIRF 2020 Rank

MBA Institute

1

IIM Ahmedabad

2

IIM Bangalore

3

IIM Calcutta

4

IIM Lucknow

5

IIT Kharagpur

6

IIM Kozhikode

7

IIM Indore

8

Department of Management Studies (DMS) IIT Delhi

9

XLRI Xavier School of Management, Jamshedpur

10

MDI Gurgaon


MBA Entrance Examinations


Admission to the management programs usually takes place based on candidates' performance in the entrance examinations conducted at the National, State, and University levels. After having qualified the MBA Entrance Examinations, candidates will be required to qualify the personal interview and group discussion rounds conducted by the institutes.
 

  • Conducting of Personal Interview and Group Discussion rounds is generally decided by the management institutions.
     

Below mentioned are the most popular MBA Entrance Examinations conducted for admission:
 

MBA Entrance Examinations

CAT

SNAP

XAT

MAT

NMAT by GMAC

ATMA

IBSAT

CMAT

MAH CET

GMAT

TANCET

KMAT


MBA Specializations


The program is offered under various specializations thus creating a pool of options for students to choose from based on their pure interest.

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Eligibility or Minimum Requirements

10 + 2

Above 45 % Marks

Science/Arts/Commerce

Stream in 10 + 2

Graduation

B.Tech

BBA

BCom

FEATURED

Fermentation Technology

Islamic Banking & Financial Management

Design Thinking & Innovation

Brand Management

Big Data and Analytics Management

Agribusiness Management

Data Science and analytics

Global Executive Development Course

International Business Minor

Real Estate & Construction Management

Intellectual Property Rights

Behavioural Science

Fashion Design, Technology and Management

Ecotourism

Business Analytics

Criminology

Geoinformatics

Materials Management

Tourism, Travel and Hospitality Management

Nanotechnology

Average Fees (In Lacs  )

Year wise Fees Bifurcation

First Year
Second Year

Average Fees by Location

5.4 L Delhi NCR
4.3 L Karnataka
4.1 L Gujarat
3.3 L Maharashtra

Average Salary (In Lacs  )

Average Salary By Colleges

Average Salary by Location

Latest Developments

15-Dec-2020
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Popularity

The Pie Chart depicts popularity of MBA vis-a-vis other courses. The Graph shows the popularity trend of MBA over last 3-4 years.

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Recruiters

Education Loans

The following banks provide loan for this course

Allahabad Bank

Andhra Bank

Bank of Baroda

Axis Bank

Bank of India

Bank of Maharashtra

Why not MBA?

  • With an increasing demand for the course, many sub-standard B-schools have opened in last 2-3 years. One should be cautious while selecting his/her college.
  • If not from a reputed B-school, an MBA degree does not promise bright prospects.

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