MBA Latest Updates:
- The MBA/PGDM course registration period for XAT 2025 will open on 15th July, 2024. In addition, the XAT 2025 exam is scheduled for 5th January, 2025.
- The IBT Phase 1 and CBT exam registration is now open for the August session of MAT 2024. The deadlines to register are 9th August, 2024, and 11th August, 2024, respectively. The deadline for PBT exam applications 18th August, 2024.
- The updated date for the Karnataka PGCET 2024 exam, which is scheduled for 4th August, 2024, has been revealed for admission to MBA programs.
- The deadline to apply for admission to the MBA programs is 22nd July, 2024, and the MAH MBA CET 2024 counseling registration has begun. The preliminary and final merit lists will be seen on 25th July, 2024, and 30th July, 2024.
- Applications for MBA courses at KMAT Karnataka 2024 are now being accepted, with a deadline of 31st August, 2024. Furthermore, the tentative date for the KMAT Karnataka 2024 exam is the first week of Nov 2024.
About MBA Course
Master of Business Administration also known as MBA is a 2-year postgraduate degree program in management, business, and entrepreneurship. The curriculum for MBA courses is structured to combine theoretical and practical components; theoretical knowledge is covered in class and seminars, and candidates gain real-world experience and industry exposure through internships and workshops, which equips them with the skills necessary for success in the workplace.
The MBA eligibility is that one must have completed their graduation with a minimum of 50% in any discipline (science, commerce, or arts) is qualified to enroll in MBA programs and pursue their dream college. The MBA course duration varies from 1-5 years depending upon the type of the program. To get admission in the program, one has to qualify the MBA Entrance Exams including CAT, CMAT, XAT, IBSAT, MAT, etc. After Entrance exams, candidates are evaluated psychologically through a Personal Interview (PI), Group Discussion (GD), and Written Ability Test (WAT).
The length of MBA courses varies depending on the type of course, and students can pursue them in a variety of ways, including full-time regular MBA, distance MBA, online MBA, executive MBA, and integrated MBA. In order to help people improve their skills, many schools have recently begun to offer short-term management courses. Popular options include Management Development Programs and Sports Management.
The top IIMs, such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Indore, as well as other universities like XLRI Jamshedpur, FMS, and ISB, offer MBA programs to candidates. Depending on the college, the cost of an MBA degree can range from INR 10 lakh to INR 25 lakh. Depending on their area of interest, candidates can pursue an MBA in a variety of specializations, such as operations, finance, sales, marketing, and human resources.
The career prospects following an MBA are extremely promising because these programs are a step up from undergraduate programs. A variety of high-level roles, including those of employee relations manager, product manager, marketing manager, and sales manager, are available to candidates. Many graduates from various backgrounds pursue an MBA because it is a step up from their graduation degree and can open up a world of career opportunities. Students pursuing an MBA often take courses in BTech, BCom, BBA, BA, and BSc. MBA graduates can expect to make between INR 5 LPA and INR 25 LPA in salary. Top MBA recruiters include Amazon, Flipkart, Deloitte, and Google.
Also Read - MBA salary
MBA Courses Details
MBA students have a wide range of career options, after completing 2 years of postgraduate coursework. MBA programs enable students to find employment across a variety of industries and prepare them for leadership roles in the business world.
The MBA course details are displayed in the table below:
More MBA Related Articles: -
Particulars
MBA Courses Details
MBA Full Form
Master of Business Administration
MBA Courses Level
Post Graduation
MBA Courses Types
Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA and Integrated MBA
MBA Courses Fees
INR 2 Lakh - INR 27 Lakh and above
MBA Courses Eligibility Criteria
Undergraduate Degree Program
MBA Courses Duration
Full-time MBA: 2 years
Online MBA Course Duration: 2 Years
Executive MBA: 1 - 1.5 year
Integrated MBA: 5 years
Distance MBA Course Duration: 1-4 Years
MBA Courses Admission Process
Entrance Exam + Group Discussion + Personal Interview
MBA Courses Top Entrance Exams
CAT, CMAT, XAT, MAH MBA CET, etc.
MBA Courses Top Colleges
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc.
MBA Courses Top Specializations
Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing and Business Analytics
MBA Top Job Profiles
Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.
MBA Average Salary
INR 5 LPA - INR 25 LPA
MBA Top Recruiters
Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc.
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MBA: Full Form
The MBA Full Form is Masters in Business Administration. This is a 5-year course that helps the students understand about the foundation of leadership, critical thinking, communication, etc. It was firstly introduced by the Harvard University Graduate School of Administration in 1908.
Know More:
MBA: Why Study
MBA is a highly demanded course that is pursued by hundreds of candidates. 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.
- 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.
- 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.
- Job 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.
- 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.
MBA: Course Duration
The course duration of MBA varies from 2-5 years. The duration of the programme differs on the basis of the type of the course. Further, the more detail about the MBA course duration is mentioned in the table below: -
Type of Course |
MBA Course Duration |
Full Time MBA Course |
2 Years |
Part Time MBA Course |
2-3 Years |
2-5 Year |
|
2-3 Years |
|
15-19 Months |
|
Integrated MBA Course |
5 Years |
MBA: Eligibility
The candidates who are interested in pursuing the course of MBA should make sure that they are eligible enough as per the criteria. The MBA Eligibility criteria can be found below: -
- One must have secured a minimum of 50% in their graduation.
- Students must pass an entrance exam such as the CAT, XAT, or GMAT.
MBA: Admission
The admission in MBA is conducted on the basis of the marks secured in the entrance exams. Furthermore, the complete MBA admission procedure of the course is mentioned below: -
- 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.
MBA: Fees
The MBA Fees ranges from IINR 20, 000 – INR 40 Lakhs. The aspirants of this course must be well-versed with the fee structure. Furthermore, the course fee of MBA varies on the basis of the institute as well as the type of the programme. The MBA Fees in Government College average around INR 20, 000 – INR 1,20,767. The fee in the government colleges is less as compared to the private institutes. The MBA fees in Private Colleges vary from INR 3,40,000 – INR 9,60,000.
Top MBA Entrance Exams 2024 in India
Best MBA programs Aspiring students in India who want to enroll in elite business schools eagerly await entrance exams. These MBA entrance exams are a means of gaining admission to nationally recognized MBA programs. Aspiring MBA candidates should plan ahead and study hard for these tests in order to increase their chances of being accepted into prestigious MBA programs in India.
The list of top MBA degree tests, along with the application deadlines for the forthcoming academic year, is provided below and is valid for admission to different B-schools:
MBA Entrance Exams
MBA Exam Dates
NMIMS Management Aptitude Test (NMAT)
Oct '24
Symbiosis National Aptitude Test (SNAP)
Dec '24
Xavier Aptitude Test (XAT)
Jan '25
Common Admission Test (CAT)
Nov '24
Management Aptitude Test (MAT)
Sep '24 (Tentative)
MBA Cutoff 2023
MBA cutoffs can change from year to year based on various factors, so it's crucial to rely on the most recent and official information from the respective institutions. Candidates can check the MBA cutoff 2023 for CAT and MAH MBA CET in the tables given below -
CAT Cutoff for MBA IIM Admission -
There may be variations in the CAT cutoff percentile for MBA admission to different IIMs from year to year. The lowest percentile a candidate must achieve on the CAT to advance to the next round of the selection process, which usually consists of personal interviews (PI), written ability tests (WAT), and group discussions (GD).
The table below shows the CAT cutoff for MBA admission to IIMs for candidates -
The table below allows candidates to view the CAT cutoff for prestigious non-IIM colleges that offer MBA programs:
IIMs
CAT Cutoff 2023 (Percentile)
IIM Ahmedabad
85
IIM Bangalore
85
IIM Calcutta
85
IIM Lucknow
90
IIM Indore
90
IIM Kozhikode
85
IIM Amritsar
90
IIM Nagpur
85
IIM Sambalpur
93
IIM Trichy
93
IIM Raipur
93
IIM Ranchi
90
IIM Kashipur
94
IIM Vizag
80
IIM Udaipur
93
IIM Bodhgaya
93
IIM Shillong
75
IIM Sirmaur
92
IIM Rohtak
95
IIM Nagpur
85
IIM Jammu
93
CAT Cut Off 2023 for Top MBA Colleges (Non-IIM)
Top MBA Colleges
CAT Cut Offs (percentile)
SOIL (SOIL Institute of Management)
75
FMS, Delhi
98-99
IIFT Delhi
95-99
SPJIMR, Mumbai
95-99
IMT, Ghaziabad
95-99
JBIMS, Mumbai
96
MDI, Gurgaon
97-99
IMI, New Delhi
90
XIM, Bhubaneshwar
91
GIM Goa
85
K J Somaiya, Mumbai
86
TAPMI, Manipal
80
FORE, New Delhi
85
IFMR, Chennai
80
MICA, Ahmedabad
80
LIBA, Chennai
70
XIME, Bangalore
70
MBA Courses: List
There are majorly 6 types of MBA courses, ie, Full time, Part Time, Distance, Online, Executive, and Integrated. The candidates can pursue the courses as per their comfort. To know in detail about all the courses, kindly refer to the table below: -
MBA Courses List |
MBA Course Duration |
MBA Course Fees |
Who can Study |
Full Time MBA Course |
2 Years |
2-25 Lakh |
Students |
Part Time MBA Course |
2-3 Years |
1-10 Lakh |
Working Professionals |
2-5 Year |
50k-1 Lakh |
Students/ Working Prof |
|
2-3 Years |
50K-1.5 Lakh |
Students /Working Prof |
|
15-19 Months |
3.5-40 Lakh |
Working Professionals |
|
Integrated MBA Course |
5 Years |
1.5 – 9 Lakh |
Students (After 12th) |
Full Time MBA Course
A full-time MBA (Master 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. Moreover, the colleges offering Full Time MBA Course is mentioned below: -
- IIM Ahmedabad
- IIM Bangalore
- IIM Calcutta
- IIM Kozhikode
- IIT Delhi
- IIM Indore
- IIM Lucknow
- Xavier Labour Relations Institute (XLRI)
- IIT Kharagpur
- IIT Bombay
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. The below mentioned is the list of the colleges that offer Part Time MBA:-
- MDI Gurgaon
- IMT Ghaziabad
- JBIMS Mumbai
- NMIMS Mumbai
- LBISM New Delhi
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. 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. Listed below are the Top 10 Colleges for Executive MBA Courses
- Indian Institute Of Management Ahmedabad
- Indian School of Business
- Indian Institute of Management, Bangalore
- IIM Calcutta
- Xavier School of Management, Jamshedpur
- IIM Lucknow
- Faculty of Management Studies
- IIM Kozhikode
- IIM Indore
- Indian Institute of Foreign Trade
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. The below mentioned is the list of the best colleges offering 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, Rohtak (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
MBA: Colleges
There are several colleges in India that offer the MBA Course. The MBA Colleges in India are listed in the table below: -
Name of the MBA Colleges |
MBA Fees |
INR 23,00,000 |
|
INR 22,00,000 |
|
INR 19,00,000 |
|
INR 11,69,700 |
|
INR 9,08,000 |
|
INR 17,16,000 |
|
INR 20,960 |
|
INR 15,00,000 |
|
INR 20,50,000 |
|
INR 7,00,000 |
|
INR 8,10,000 |
|
INR 14,16,000 |
|
INR 5,45,000 |
|
INR 12,70,000 |
More about Top MBA Colleges in India: -
MBA Colleges in India: With Low Fees and High Packages
MBA Colleges |
Final Placement (Average Salary) |
MBA Course Fees |
INR 26.24 LPA |
INR 27 Lakh |
|
INR 33.8 LPA |
INR 23 Lakh |
|
INR 25.01 LPA |
INR 21.6 Lakh |
|
INR 31 LPA |
INR 19.25 Lakh |
|
INR 32.4 LPA |
INR 1.92 Lakh |
|
INR 23.97 LPA |
INR 1.15 Lakh |
|
INR 26.07 LPA |
INR 23.58 Lakh |
|
INR 29.5 LPA |
INR 22.5 Lakh |
|
INR 23.07 LPA |
INR 21.90 Lakh |
|
INR 30.73 LPA |
INR 25.8 Lakh |
|
INR 25.6 LPA |
INR 17.7 Lakh |
MBA Colleges in India: State-Wise
The list of the MBA state-wise colleges in India is mentioned below: -
MBA Colleges in Delhi: -
MBA Colleges in Delhi |
Entrance Exams |
MBA Course Fees |
INR 18,25,000 |
||
CAT, GMAT |
INR 2,00,000 |
|
CAT |
INR 11,69,000 |
|
CAT |
INR 10,00,000 |
|
CAT, GMAT |
INR 16,49,000 |
|
CAT, GMAT |
INR 11,23,200 |
|
CAT, XAT, GMAT |
INR 15,98,000 |
|
CAT, XAT |
INR 8,75,000 |
|
CAT, XAT, MAT, CMAT |
INR 7,20,000 |
|
CAT, XAT, MAT,GMA, ATMA,CMAT |
INR 7,65,000 |
MBA Colleges in Mumbai
MBA Colleges in Mumbai |
Entrance Exams |
MBA Course Fees |
CAT |
1,00,000 |
|
TISS |
1,04,600 |
|
NMAT |
21,00,900 |
|
CAT, XAT, GMAT |
16,00,000 |
|
CAT, XAT, ATMA, CMAT, MAHCET |
11,00,000 |
|
CAT, XAT, GMAT, CMAT, NMAT |
18,78,876 |
|
CAT, MAH CET, CMAT |
6,00,000 |
|
CAT, XAT, MAT, GMAT, MAH CET, ATMA |
11,54,000 |
|
CAT, XAT, MAT, GMAT, MAH CET, NMAT, CMAT |
12,50,000 |
|
Institute of Business Studies and Research (IBSAR)
|
CAT, XAT, MAT, GMAT, MAH-CET, NMAT, CMAT |
5,90,000 |
MBA Colleges in Bangalore
MBA Colleges in Bangalore |
Entrance Exams |
MBA Course Fees |
CAT, GMAT |
INR 23,00,000 |
|
CAT, XAT, MAT, GMAT, ATMA, CMAT |
INR 9,90,000 |
|
CAT, XAT, MAT, IIFT, ATMA |
INR 16,00,000 |
|
International Institute Of Business Studies-(IIBS Airport Campus Bangalore) |
CAT, XAT, MAT, GMAT, CMAT, IBSAT |
INR 7,45,000 |
CAT, XAT, GMAT, PGCET, KMAT, NMAT |
INR 14,00,000 |
|
International School Of Management Excellence- ISME Bangalore |
CAT, XAT, CMAT, GMAT |
INR 8,25,000 |
CAT, MAT, XAT, CMAT, KMAT |
INR 1,40,000 |
|
Karnataka PGCET |
INR 4,50,000 |
|
CAT, MAT, XAT, GMAT, ATMA |
INR 3,15,000 |
|
CAT, XAT, MAT, GMAT, ATMA, CMAT |
INR 7,25,000 |
MBA Colleges in Kolkata
MBA Colleges in Kolkata |
Entrance Exams |
MBA Course Fees |
CAT, GMAT |
INR 19,00,000 |
|
CAT |
INR 12,40,900 |
|
IIFT |
INR 7,60,000 |
|
CAT, XAT, MAT, CMAT |
INR 4,64,000 |
|
Indian Institute of Business Management and Research, Kolkata |
JEMAT |
INR 3,93,600 |
XAT |
INR 8,00,000 |
|
CAT, XAT, MAT, GMAT, ATMA, JEMAT, CMAT |
INR 8.15,000 |
|
CAT, XAT, MAT, ATMA, IBSAT |
INR 6,73,000 |
|
CAT |
INR 3,29,600 |
|
CAT, MAT, CMAT |
INR 3,85,000 |
MBA Colleges in Hyderabad
MBA Colleges in Hyderabad |
Entrance Exams |
MBA Course Fees |
CAT, MAT, IBSAT |
INR 16,02,000 |
|
GMAT |
INR 33,34,000 |
|
National Institute of Agriculture Extension Management, Hyderabad |
CAT |
INR 4,81,000 |
SNAP |
INR 15,00,000 |
|
NMAT |
INR 8,27,000 |
|
Institute of Management Technology, Hyderabad (IMT Hyderabad) |
CAT, XMAT, CMAT |
INR 12,00,000 |
CAT, XAT, MAT, ATMA, TS ICET |
INR 6,50,000 |
|
TS ICET |
INR 1,20,000 |
|
NMAT,CAT,XAT, GMAT |
INR 13,50,000 |
|
CAT,XAT,MAT,SNAP ATMA |
INR 5,32,000 |
MBA Colleges 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 to apply for other colleges offering a MBA course.
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:
- Integrated MBA in Business Administration
- Integrated MBA in Finance
- Integrated MBA in Marketing
- Integrated MBA in Human Resource Management
- Integrated MBA in Operations Management
- Integrated MBA in International Business
- Integrated MBA in Entrepreneurship
- Integrated MBA in Information Technology
- Integrated MBA in Supply Chain Management
- Integrated MBA in Healthcare Management
- Integrated MBA in Hospitality and Tourism Management
- Integrated MBA in Retail Management
- Integrated MBA in Communication Management
- Integrated MBA in Sports Management
- Integrated MBA in Agribusiness Management
MBA: Scholarships
There are a number of colleges that offer scholarships for the course of MBA. Furthermore, the MBA scholarships are awarded on various bases. It can involve merit based, on the basis of the need of the student or category.
The scholarships are generally awarded to support the candidates who hail from financially weak backgrounds. The authority that sets the minimum grade point for the scholarships is the Financial Aid and Awards Committee of the respective institute. Moreover, the detailed information about MBA scholarships as per different colleges is mentioned in the table below:-
Name of the college |
Name of the scholarship |
IIMA Special Need-Based Scholarships SC/ST Scholarships |
|
|
|
|
|
Scholarships sponsored by companies such as Aditya Birla Group, Ratan Tata Trust, T. Thomas Scholarship sponsored by HUL, OP Jindal Engineering & Management Scholarship |
|
Need-Based IIML Scholarships |
|
Need-Based Financial Assistance |
|
|
What After MBA?
There are various job and career that one can follow depending on their interest after completing their MBA courses. Private equity, investment banking, management consulting and others are few examples of careers that an individual can opt for after their MBA.
- Banking and Finance
If you are skilled at security and investment research, portfolio management, and so on, banking and finance might be a good fit for you. MBA graduates can find employment in banks, insurance companies, security firms, and other financial institutions both in India and overseas.
Bank positions are accessible in both governmental and private institutions. Students must pass the recruitment examinations administered by the different banks in order to work in public sector banks. Students seeking positions in private banks must go through a bank-led selection procedure that includes group discussions, personal interviews, written aptitude tests, and so on.
- Investment Banking
An MBA career in investment banking is in great demand. If you believe you are competent at making financial decisions and know how to generate a successful return on investment, investment banking should be a career option for you. Employees in this sector are responsible for connecting investors with groups in need of financing.
- Management Consulting
Management consulting is the ideal employment after an MBA if you are strong at problem solving. Management consulting specialists are responsible for resolving organisational issues.
You will also be in charge of implementing innovative ideas and problem-solving strategies. Your managerial abilities will come in handy in this career, and you will be able to put what you learned while studying for an MBA to use.
- Entrepreneurship
Starting your own firm is the finest job option following an MBA. One of the primary aspirations of many MBA students is to become entrepreneurs. Indeed, being an entrepreneur has become one of the most popular alternatives for MBA graduates.
MBA courses not only improve your business management abilities but also your creative and imaginative thinking. After earning an MBA, you may use all of these concepts to your own firm and become an entrepreneur.
- Data Analyst
As technology advances and the digital world enters the corporate sector, the demand for data analysts has skyrocketed. Data analysts are needed in a variety of areas, including retail, management, e-commerce, finance, and information technology. Several management schools also provide expertise in data analytics, which opens up numerous opportunities for a job following an MBA.
- Private Equity
Similar to investment banking, a person's investing abilities and expertise are important in a job profile linked with private equity. Fullerton, Fidelity Investments, Axis Securities, JP Morgan Chase, Kotak Wealth Management, Bajaj, ICIC Prudential Asset Administration, India Bulls Housing Finances and others are among the renowned businesses that provide job after MBA for private equity roles.
Also Read: Why MBA Grads are Opting for ACCA Course
MBA: Career Options
MBA is more than simply a course,it refines and rebuilds your complete personality, beginning with improving your interpersonal skills to developing your hidden abilities. Furthermore, you will improve your presenting abilities, encounter real-world business challenges, and acquire a problem-solving approach.
Both the PGDM and the MBA course provide about the same employment options. As there is no significant difference between the two, both diplomas and degrees qualify you for the same profession after completing a PGDM or MBA. Both courses have nearly identical curriculum. MBA courses are linked with institutions, they follow a rather strict study schedule. However, PGDM programmes at business schools feature a flexible curriculum that is tailored to market trend.
Also Read: CA Salary In India in 2024
MBA: Best Career Choices
Are you wondering what you should do following your MBA? After an MBA, you can take a variety of short-term courses to build competence in a lucrative industry. Here are the top 5 short-term MBA courses list :
- Financial Risk Management [FRM]
- Doctor of Business Administration
- Certified Information Systems Auditor (CISA)
- Chartered Financial Analyst [CFA]
- Ph.D. in Management
MBA: Salary in India
MBA Profile |
MBA Salary |
Supply Chain Manager |
INR 3,42,752 LPA – INR 11,98,483 LPA |
Operations Manager |
INR 3,71,015 LPA – INR 9,97,945 LPA |
HR Manager |
INR 3, 69, 454 LPA – INR 10, 14, 633 LPA |
Marketing Manager |
INR 4, 13, 682 LPA – INR 9, 13, 232 LPA |
General Manager |
INR 6,00,000 LPA – INR 26,16,370 LPA |
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.
MBA Specializations |
Average Salary |
Salary Range |
MBA in Marketing |
INR 7,82,000 |
7L-25L |
INR 5,50,000 |
5L-25L |
|
MBA in Finance |
INR 7,30,000 |
7L-22L |
INR 5,20,000 |
5L-8L |
|
MBA in Business Analytics |
INR 5,40,000 |
5L-18L |
MBA in Entrepreneurship |
INR 5,50,000 |
5L-20L |
MBA in Operations |
INR 7,60,000 |
5L-10L |
MBA in IT |
INR 5,77,000 |
5L-12L |
INR 6,00,000 |
2L-18L |
|
MBA in Healthcare |
INR 6,00,000 |
5L-12L |
Also Read: Salary Breakdown of Different Courses
MBA: Top Recruiters
Below mentioned is the list of the top recruiters in MBA:-
MBA: Private Recruiters
- Deloitte
- ITC
- Tata
- HDFC
- Larsen & Toubro
- Microland
- ICICI Bank
- EXL
- Accenture
- JP Morgan Chase & Co.
- HSBC
- Amazon
- Mahindra
- Goldman Sachs
- Wipro
- McKinsey & Company
- Nestle
- Aditya Birla Group
- Reliance
- Vodafone
- Microsoft
MBA: Government Recruiters
- RBI
- Bharat Electronics Limited
- IBPS
- Engineering Projects India Limited
- IIT Kharagpur
- City Union Bank
- Coal India Limited
- SBI
- Central Bank of India
- NABARD Consultancy Services
- National Housing Bank
- Bank of Baroda