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MBA Business Management is a postgraduate degree programme of two years ' duration that provides students with the knowledge and skills to manage organisations. Students are also equipped with essential skills to work in the corporate world. In India, around 20 educational institutions offer this programme. Business Management is similar to business administration, but they are not the same; however can be pursued interchangeably.
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Some core subjects of this MBA course are Organisation Management, Managerial Economics, Business Environment, and Operations Management. While the MBA Business Management syllabus may vary depending on the institute, the core subjects remain the same for every institute.
MBA Business Management requires candidates to have a bachelor's degree in any discipline with an aggregate score of 50 per cent to be eligible. Admission to the MBA degree is generally based on entrance exams such as CAT, XAT, MAT, and CMAT. Some colleges can also require students to have some work experience of two or three years.
| Particulars | Values |
|---|---|
Degree Name | MBA in Business Management |
MBA Business Management Course Level | Postgraduate |
MBA Business Management Course Duration | 2 years |
MBA Business Management Semesters | 4 |
MBA Business Management Entrance Exams | CAT, MAT, CMAT, XAT, SNAP |
MBA Business Management Eligibility Criteria | Bachelor's degree |
MBA Business Management Admission Process | Entrance Exam/Merit-score |
MBA Business Management Total Course Fees | Rs. 91,000 to Rs. 25 Lakhs |
AMBA Business Management Average Salary | Rs. 5 Lakhs to Rs. 8 Lakhs |
MBA Business Management Job Profiles | Marketing Manager, Business Manager, Business Analyst, BI Developer, Business Consultant |
MBA Business Management Top Recruiters | Accenture, Capgemini, Deloitte, KPMG, McKinsey and Company, Wipro, Infosys, Bain and Company, Grant Thornton, |
Those who have met the eligibility requirements of the course can apply to their desired institute. Candidates from any educational background can pursue this course. Candidates must check the eligibility details either on the official website of the institute or the programme brochure.
| Eligibility Parameters | Details |
|---|---|
| Educational Qualification | Bachelor's degree from a recognised institute in India |
| Minimum aggregate score | 50 per cent aggregate score from a recognised institute in India |
| Entrance examinations | CAT, MAT, CMAT, XAT, SNAP, NMAT |
| Work Experience (optional) | 1-2 years (optional) |
The admission procedure of an MBA Business Management course is primarily based on entrance examinations; however, candidates should meet the eligibility criteria before applying for admission. However, colleges can modify it anytime. Listed below is the admission procedure for an MBA in Business Management course.
Since many B-schools in India provide students with MBA Business Management courses, students should check the website of the college to know the entrance examination accepted by their chosen college. In this section, we have provided the important details of popular national and university-level management entrance examinations.
| Exam Name | Conducting Body | Exam Pattern |
|---|---|---|
Indian Institute of Management Lucknow | ||
All India Management Association (AIMA) | ||
National Testing Agency | ||
Xavier School of Management | ||
Graduate Management Admission Council | ||
Graduate Management Admission Council | - |
MBA Business Management cutoff is a set of criteria used to determine an individual's merit score for admission to various management colleges in India. Those who scored more than the MBA Business Management cut-off are accepted to the institutions. The cutoff for each college varies depending on the number of students and their entrance exam scores.
An MBA course has many specialisations that provide business acumen along with other managerial skills. Listed below are top MBA specialisations, depending on their demand and opportunities.
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The syllabus of the MBA Business Management course covers different aspects and concepts related to business. Some of the subjects are compulsory, while students can choose the rest of the subjects based on their interests. In the table below, we have mentioned the MBA Business Management syllabus.
In the first year of the MBA Business Management, student studies Management Organisation, Accounting for Management, Managerial Economics, Business Environment, Business Communications, Quantitative Methods for Business, and Managerial Skills Development.
| Semester 1 | Semester 2 |
|---|---|
| Management Organisation | Marketing Management |
| Managerial Economics | Management of Technology |
| Quantitative Methods | Financial Management |
| Accounting for Management | E-Business |
| Business Environment | Operations Management |
| Business Communications | Business Research |
| Quantitative Methods | Human Resources Management |
| - | Managerial Skills Development |
In the second year of the MBA Business Management, a student studies subjects such as Management of International Business, Information Systems Management, and Business Intelligence and Applications. In the table below, we have discussed the second year syllabus of MBA Business Management.
| Semester 3 | Semester 4 |
|---|---|
| Management of International Business | Strategic Management |
| Entrepreneurship Business Development | Business Intelligence and Applications |
| Information Systems Management | Project Report |
| Summer Training Project | - |
The fee structure of an MBA Business Management degree programme varies from one college to another. Some colleges also offer scholarships for deserving candidates. The fee details of the course depend on the location and type of the institute, and the course chosen by the college. An average MBA Business Management fee ranges from Rs. 91,000 to Rs. 25 lakhs.
After completing an MBA in Business Management degree, students can either start working in top MNCs or they can opt for higher studies in management. Students can pursue higher studies, such as a PhD, for research in the field of business.
There are several options for candidates who complete an MBA in Business Management course. Some of the career options one can choose are marketing manager, management analyst, business analyst, and finance manager. The choice of career depends on the interests and aptitude of the students.
There are ample job opportunities after the MBA in Business Management course. After completing an MBA in Business Management, candidates can choose to apply for the roles which suit their interests and specialisation. Major job sectors such as finance, corporate houses, banks, and government departments.
The average MBA Business Management salary is around Rs. 8 Lakhs. They can also apply for training or internships in the companies before applying for a full-time job. The jobs available after completing the MBA in Business Management degree are in great demand in the present scenario.
| Job Profiles | Job Descriptions | Average Salary |
|---|---|---|
Marketing Managers are professionals who are in charge of the products and services of the company. They manage the promotion and positioning of the products. | Rs. 12.6 LPA | |
Business Managers are professionals who oversee daily operations and strategic planning to ensure organisational efficiency and profitability. They manage resources and drive business growth through effective decision-making. | Rs. 11.1 LPA | |
Business Analysts evaluate business needs and processes to identify solutions and improve efficiency. They analyse data, gather requirements, and recommend strategies to enhance organisational performance. | Rs. 9.7 LPA | |
Business Intelligence or BI Developers design and build data systems and dashboards to provide actionable insights for decision-making. They transform raw data into meaningful reports to make data-driven decisions. | Rs. 7.4 LPA |
Salary Source: AmbitionBox
Students pursuing an MBA in Business Management have ample opportunities in the private as well as the public sector. In this domain, students can acquire the essential knowledge and practices needed to develop and operate businesses effectively and efficiently.
Candidates are introduced to the business world and get deep insights into the industry. Candidates are presented with a variety of jobs in finance, business, management, retail, and other diverse sectors.
MBA Business Management is one of the most in-demand career options in the management industry when it comes to scope and opportunities. The salary offered after completing the course depends on the experience of the candidate and the job profile chosen by the institute. In this section, we will discuss the average salary offered by the private and government sectors.
| Sectors | Average Salary |
|---|---|
Private | Rs. 3 LPA- Rs. 25 LPA |
Government | Rs. 3 LPA- Rs. 25 LPA |
Source: Naukri.com
Private MBA colleges in India are performing extremely well in terms of academic performance, but have also managed to place themselves at par with IIMs and top government MBA colleges. In the table below, we have discussed the private MBA Business Management colleges in India and their fees.
Colleges | Fee Structure |
|---|---|
Rs. 22.10 lakhs | |
Rs. 24.21 lakhs | |
Vignan's Foundation for Science Technology and Research, Guntur | Rs. 4.10 lakhs |
- | |
- | |
- | |
- | |
- | |
Rs. 1.20 lakhs | |
Rs. 2.11 lakhs |
Very limited government colleges in India also offer MBA in Business Management. Check the table below to learn about these colleges and their MBA Business Management fees.
| Colleges | Fee Structure |
|---|---|
Rs. 2.40 lakhs | |
- |
MBA in Business Management degree programmes cover various topics, including finance, marketing, operations, human resources, and strategy. MBA in Business Administration courses provide a comprehensive knowledge of the business principles and strategies, by equipping graduates with a dynamic and competitive business landscape.
Frequently Asked Questions (FAQs)
The fees for the MBA in Business Management vary from college to college. The average course fee is between Rs. 91,000 to Rs. 25 lakhs.
Some of the best jobs after pursuing an MBA in Business Management are Marketing Manager, Business Manager, Business Analyst, and BI Developer.
The average salary for MBA in Business Management graduates is around Rs. 8 LPA.
The top recruiters who employ candidates after completing an MBA in Business Management are Accenture, Capgemini, Deloitte, KPMG, McKinsey and Company, Wipro, Infosys, and Bain and Company.
MBA in Business Management is a two-year postgraduate degree that is divided into four semesters. The degree is designed to train students in business-related problems.
Some of the top entrance exams are CAT, MAT, SNAP, CMAT, IPU CET, XAT and others.
Students must have completed their graduation in any discipline. He or She must clear the entrance examination for the course admission.
On Question asked by student community
Your academic profile is not bad, especially with 89.8% in Class 10 and 81% in B.Com . The 64.14% in Class 12 may affect eligibility for some companies, but it will not automatically prevent you from getting good placements.
The important point is that different companies have different shortlisting criteria.
Hello, the MBA at St Johns PG College, Ghatkesar offers different elective areas in Finance, Marketing, Human Resources, Entrepreneurship and Systems. You can choose subjects based on your area of interest.
For more information, check this link: MBA at St Johns PG College, Ghatkesar
Hey there,
If you mean your MBA counselling seat-allotment letter, the exact download process depends on the counselling authority.
Usually:
Dear Dwiraaj,
You are completely eligible to do an MBA. There is no age restriction. There are several top institutes, including IIMs and ptivate and government universities that offer MBA programmes. You can even pursue an Online MBA from top universities, Executive MBA (EMBA) from IIMs and One-year PGP programme
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