MBA Management Science Course, Admission, Colleges, Fees, Syllabus, Jobs, Salary
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MBA Management Science Course, Admission, Colleges, Fees, Syllabus, Jobs, Salary

#MBA
Team Careers360Updated on 16 Sep 2025, 05:13 PM IST

MBA in Management Science is a two-year postgraduate programme designed to prepare students with analytical, mathematical, and problem-solving skills for business decision-making. The course combines theory and practical learning in areas such as finance, economics, production, and business law. It also covers key subjects like decision science, operations research, and applied marketing, helping graduates apply scientific methods to solve complex management challenges across industries.

This Story also Contains

  1. MBA Management Science- Highlights
  2. MBA Management Science Eligibility Criteria
  3. MBA Management Science Admission Procedure
  4. Top MBA Management Science Entrance Exams
  5. MBA Management Science Cutoff for Top Colleges
  6. MBA Management Science Syllabus
  7. MBA Management Science Fees Structure
  8. MBA in Management Science Scope
  9. Career Opportunities after an MBA in Management Science
  10. MBA Management Science Salary Trend
  11. Top MBA in Management Science Colleges in India

MBA Management Science- Important Dates

MBA Management Science- Highlights

An MBA in Management Science provides strong career opportunities by combining business knowledge with analytical and problem-solving skills. Graduates are prepared for roles in consulting, finance, operations, and strategic management across global organisations. Below are the key highlights of the MBA in Management Science course:

ParticularsValues

Degree Name

MBA Management Science

Degree Type

Postgraduate

MBA in Management Science Duration

2 years

MBA in Management Science Eligibility Criteria

Bachelor’s degree

MBA in Management Science Admission Process

Entrance Test

MBA in Management Science Entrance Exams

CAT, CMAT, GMAT, MAT

MBA in Management Science Average Fees

Rs. 1.6 lakhs to Rs. 7 lakhs

MBA in Management Science Average Salary

Rs. 6.3 LPA

MBA in Management Science Job Profiles

Business Analysts, Operations Managers, Financial Analysts, Marketing Analysts, Project Managers

Top recruiters

Deloitte, McKinsey, Morgan Stanley, JP Morgan, Boston Consulting Group

MBA Management Science Eligibility Criteria

The eligibility criteria for an MBA in Management Science may vary from one institute to another, but the overall requirements are quite similar across colleges. Below is the general eligibility criteria followed by most management institutions in India:

Particulars

Eligibility Parameters

Educational Qualification

Bachelor’s degree in any stream from a recognised university

Minimum Marks

At least 50 per cent marks in graduation (5 per cent relaxation for reserved categories)

Entrance Exam

Must qualify national/state/university-level MBA entrance exams such as CAT, MAT, CMAT, or GMAT

Final Year Students

Eligible to apply, subject to passing final-year exams

MBA Management Science Admission Procedure

Admission to the MBA in Management Science is usually based on national or state-level entrance exams, with many institutes also conducting group discussions and personal interviews. Some colleges may additionally consider academic performance or work experience. The general admission procedure followed by leading management colleges in India is outlined below.

Step 1 – Meet the eligibility requirements- Candidates must first ensure they meet the eligibility criteria set by the institute. These details are usually available on the official website or brochure.

Step 2 – Fill out the online application form- Applicants need to complete the admission form, which can be accessed online or through the admission office of the college.

Step 3 – Entrance examination- Students must appear for relevant entrance exams such as CAT, MAT, CMAT, or GMAT, depending on the college requirements.

Step 4 – Group Discussion and Personal Interview- Many colleges also conduct GD and PI rounds to assess communication and analytical skills before final selection.

Step 5 – Pay the course fees and submit documents- Selected candidates need to pay the required fees and submit all necessary documents to confirm their admission.

Top MBA Management Science Entrance Exams

There are several top entrance examinations, including CAT, CMAT, GMAT, and MAT, that are highly regarded for MBA Management Science admissions. These exams are conducted at the national level and serve as a pathway to secure admission to prestigious universities and colleges in India.

Exam Name

Conducting Body

Exam Pattern

CAT

Indian Institute of Management Lucknow

CAT Exam Pattern

MAT

All India Management Association (AIMA)

MAT Exam Pattern

CMAT

National Testing Agency

CMAT Exam Pattern

XAT

Xavier School of Management

XAT Exam Pattern

NMAT

Graduate Management Admission Council

NMAT Exam Pattern

GMAT

Graduate Management Admission Council

-

MBA Management Science Cutoff for Top Colleges

The cutoff for MBA in Management Science varies every year and is determined by factors such as exam difficulty, number of applicants, and seat availability. Candidates must qualify in national, state, or university-level entrance exams. Colleges release their cutoff lists annually, and only those meeting the required scores secure admission.

MBA Management Science Syllabus

The MBA Management Science curriculum is largely similar across colleges, focusing on theoretical learning in the first year and projects, research, and internships in the final year. Subject offerings may vary by institute. Below is a syllabus of the MBA Management Science taught at the Institute of Management Sciences, Lucknow.

MBA Management Science First Year Syllabus

The first year of the MBA in Management Science focuses on building foundational knowledge in management, finance, marketing, human resources, and quantitative methods. Students also study business ethics, managerial economics, and computer applications. Practical skills are developed through case studies and projects, preparing them for advanced topics in the second year.

Semester 1Semester 2

Essentials of Management

International Business

Business Environment

Management Accounting

Financial Accounting

Financial Management

Quantitative Methods in Business

Computer Applications & MIS

Human Resource Management

Production & Operations Management

Indian Values System & Business Ethics

Research Methodology

Marketing Management

Electives

Managerial Economics

-

MBA Management Second Year Science Syllabus

In the second year, students focus on strategic management, research, and organisational development. The curriculum combines theoretical knowledge with practical applications, preparing graduates for analytical and leadership roles in management and business decision-making.

Semester 3Semester 4

Strategic Management – I

Research Project / Business Plan

Business Law

Strategic Management – II

Summer Internship Report

Organisational Effectiveness & Change

Electives

Electives

MBA Management Science Fees Structure

The MBA in Management Science fees vary across colleges, with private institutions and self-sponsored seats generally costing more than public colleges. Factors like course duration, college reputation, facilities, and placements influence fees. Scholarships and concessions for reserved categories may apply. On average, the fee for the course ranges between Rs. 1.6-7 lakhs.

MBA in Management Science Scope

An MBA in Management Science prepares graduates with strong analytical, quantitative, and decision-making skills, opening opportunities in consulting, operations, finance, marketing analytics, and data analysis. Graduates can work across industries, start their own ventures, or pursue further studies such as a PhD, improving career prospects in research and academics.

Career Opportunities after an MBA in Management Science

An MBA in Management Science prepares graduates for data-driven decision-making roles across private and public sectors. It offers various career paths in consulting, finance, operations, analytics, and management. Candidates can choose roles based on their interests and skills. Below are some of the top job roles students can pursue after completing this course.

Business Analysts: Business analysts are professionals who use data and analytical tools to identify business problems and provide data-driven solutions. They work across various industries to improve processes and make informed decisions.

Operations Managers: Operations managers oversee the day-to-day business operations of an organisation. They ensure efficiency and effectiveness in production, logistics, and supply chain management.

Financial Analysts: Financial analysts assess financial data to guide investment decisions and budgeting. They also help with financial planning for organisations.

Marketing Analysts: Marketing analysts use data to evaluate marketing campaigns, customer behaviour, and market trends. They help companies make informed marketing and sales decisions.

Project Managers: Project managers plan, execute, and oversee various projects within an organisation. They are also responsible for the completion of projects on time and within budget.

Top Recruiters

  • Deloitte
  • Amazon
  • JP Morgan
  • McKinsey
  • Wipro
  • Boston Consulting Group
  • Morgan Stanley
  • Infosys
Atlas SkillTech University MBA Admissions 2026

India’s first Urban Multidisciplinary University | Case-based pedagogy | Industry-endorsed curriculum

K J Somaiya Institute of Management MBA Admissions 2026

Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International

Benefits of Studying MBA Management Science

An MBA degree is highly sought after by many top recruiters today, as they require professionals with expertise in business, finance, and management skills across various domains. In a data-driven business world, an MBA in Management Science provides a competitive edge, as organisations value professionals who can make informed decisions based on data.

MBA Management Science Salary Trend

Graduates with an MBA in Management Science can expect competitive salaries due to high demand across industries. Salary packages vary based on job role, experience, company, and location. Top management colleges often provide excellent placement opportunities. Below, we have listed the average salaries of some top job roles in MBA Management Science.

Job Roles

Average Salary (LPA)

Business Analyst

Rs. 9.8 LPA

Operations Manager

Rs. 11.1 LPA

Financial Analyst

Rs. 6.3 LPA

Marketing Analyst

Rs. 9.7 LPA

Project Manager

Rs. 17.7 LPA

Source: AmbitionBox

Top MBA in Management Science Colleges in India

There are a few reputed colleges in India that offer the MBA in Management Science, providing quality education, experienced faculty, and good placement opportunities. The course is available in both private and government institutions. Mentioned below are some of the top colleges that offer this course.

Top UGC Approved Colleges for Online MBA
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Frequently Asked Questions (FAQs)

Q: Is management science and MBA the same?
A:

Management Science is a specialised field that uses mathematical and statistical methods for decision-making and optimisation. While an MBA is a comprehensive business management degree with diverse specialisations, including Management Science.

Q: What is the difference between MBA Management Science and MBA Data Science?
A:

MBA Management Science focuses on mathematical and statistical techniques for decision-making, while MBA Data Science emphasises data analytics and its application in business.

Q: Is there a demand for MBA Management Science professionals in today's job market?
A:

Yes, as organisations increasingly rely on data-driven decision-making. There is a growing demand for Management Science MBA professionals who can provide insights and solutions based on data analysis.

Q: What is the curriculum for MBA Management Science?
A:

The MBA Management Science syllabus includes subjects like financial accounting, human resource management, marketing management, financial management, and research methodology.

Q: Do MBA Management Science graduates receive scholarships?
A:

Public colleges often provide scholarships for deserving students. Scholarships may also be available for reserved categories.

Q: What is the average salary for MBA Management Science graduates?
A:

The MBA Management Science average salary varies based on factors like job location, company, role, and experience. On average, it can range from around Rs. 4 to 8 lakhs per annum.

Q: What are the eligibility criteria for MBA Management Science?
A:

Eligibility criteria may vary among colleges. Generally, candidates should have a bachelor's degree with a minimum specified percentage, and they need to pass the required entrance exams.

Q: What are the entrance exams for MBA Management Science?
A:

Common entrance exams for MBA Management Science include the CAT, CMAT, GMAT, and MAT.

Q: What is the scope of MBA management science?
A:

MBA Management Science scope includes careers in data analysis, decision-making, consulting, operations management, financial management, marketing analytics, and more across various industries.

Q: What is MBA management science?
A:

MBA Management Science is a two-year postgraduate level programme that focuses on utilising mathematical and statistical techniques to analyse and solve real-world business problems.

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Questions related to MBA

On Question asked by student community

Have a question related to MBA ?

Hello aspirant,

Here below I am providing you with the name of some of the best MBA colleges in Hyderabad:

  • Institute of Management Technology, Hyderabad
  • The Indian School of Business
  • The ICFAI Business School Hyderabad
  • Woxsen University
  • The Institute of Public Enterprise
  • GITAM Hyderabad Business School

To know about more colleges, you can visit our site through following link:

https://bschool.careers360.com/colleges/list-of-mba-colleges-in-hyderabad

Thank you

Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.

For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.

If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:

1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.

2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.

3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.

4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.

5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.

6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.

Hello,

If you have made a mistake while entering your education details in KEA PGCET MBA option entry, you cannot edit it directly once it is submitted. You need to contact KEA immediately.

You can:

  • Call the KEA helpline numbers.

  • Or visit the KEA office with your documents.

They will guide you on how to correct the mistake. Do it quickly, as corrections are allowed only within the given time.

Hope it helps !