MBA (Master of Business Administration): Course, Admission, Top Colleges, Fees, Syllabus, Jobs, Scope
MBA is a postgraduate degree programme in the field of management and business administration. The full form of MBA is Master of Business Administration, which can be pursued by students from any background. In India more than 4500 private, government colleges and deemed universities offer MBA in various specialisations, such as Finance, Human Resource, Digital Marketing and Retail Management.
- MBA - Important Dates
- What is the Full Form of MBA?
- Highlights- MBA (Master of Business Administration)
- Why Choose an MBA Course?
- Types of MBA Courses
- List of MBA Specialisations
- MBA Eligibility Criteria
- Top MBA Entrance Exams in India
- MBA Fees Structure
- Top Private MBA Colleges in India with Fees
- Top Government MBA Colleges in India with Fees
- What After MBA?
- Salary After MBA
The average package of IIM Calcutta is Rs. 35.07 LPA in 2023 placement record. The median salary of Indian Institute of Management Kozhikode is Rs. 27 LPA and the average salary of the female students is Rs. 31.93 LPA. Students who have completed 10+2+3 are eligible for the MBA degree programme. Major entrance exams for MBA degrees are CAT, MAT, XAT.
MBA - Important Dates
- 27 Jul, 2024 - MAH MBA CET counselling process registration last date
- 28 Jul, 2024 - End date of document verification at FC of MAH MBA CET
- 22 Jun, 2024 - 31 Aug, 2024 - Ongoing - KMAT Application Process
- 09 Aug, 2024 - Last date of Application - MAT IBT 1 August session
- 11 Aug, 2024 - Last date of Application - MAT CBT August session
- 14 Aug, 2024 - Exam - MAT IBT 1 August session
- 11 Aug, 2024 - 14 Aug, 2024 - Admit Card - MAT IBT 1 August session
- 18 Aug, 2024 - Exam - MAT CBT August session
- 14 Aug, 2024 - 18 Aug, 2024 - Admit Card - MAT CBT: August session
- 18 Aug, 2024 - Last date of Application - MAT IBT 2: August session
- 18 Aug, 2024 - Last date of Application - MAT PBT: August session
- 02 Aug, 2024 - 20 Sep, 2024 (Tentative) - CAT Application Process
- 24 Oct, 2024 - 24 Nov, 2024 (Tentative) - CAT Admit Card
What is the Full Form of MBA?
MBA full form is Master of Business Administration, is a two-year postgraduate degree programme. There are multiple MBA specialisations, such as accounting, financial management, cost and management accounting, human resource management, marketing, and strategic management.
Highlights- MBA (Master of Business Administration)
Particulars | Details |
|---|---|
Name of the Course | MBA |
| MBA Full Form | Master of Business Administration |
Course Level | Postgraduate |
MBA Course Duration | Two years |
MBA Eligibility Criteria | Candidates must pass a bachelor's degree in any specialisation from a recognised university with a minimum aggregate of 50 per cent (In the case of IIMs, it is 60 per cent). |
Entrance Examinations | |
Top Colleges | IIMs, MDI Gurgaon, FMS Delhi, SPJIMR Mumbai, XLRI |
Similar Specialisations | MBA in Finance, MBA in Sales, MBA in Human Resources, MBA in Marketing, MBA in Business Analytics, MBA in Digital Marketing |
| Average MBA fees | Government colleges: Rs 50,000 to Rs 4 lakh Private colleges: Rs 20 lakh to Rs. 25 lakh |
| Careers | Manager, Sales Manager, Marketing Manager, HR Manager |
| Average MBA Salary | Rs. 15,00,000 LPA |
| Top Recruiters | Google, Deloitte, NTPC, Citibank, ITC, Vodafone, Larsen & Toubro, Microsoft Amazon, Wipro, PwC |
Why Choose an MBA Course?
Many colleges offer the MBA course programme, which is a popular master's degree programme in business, management, and commerce. Establishing strong social and professional networks while attending colleges and developing managerial skills which may lead to employment opportunities in various fields. MBA programmes provide comprehensive and organised instruction that is centred on business goals.
MBA in India offers a variety of specialisations that can be pursued by both undergraduates and working professionals. Graduates of tier-one business schools in the world, such as IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, and FMS Delhi, earn roughly Rs. 20 lakhs per year on average.
Master of Business Administration jobs are in high demand in corporate and business organisations. In India, earning an MBA degree opens the door to a myriad of job prospects. Some of the advantages are high remuneration, various job opportunities, exposure to multiple industries, and career advancement.
Types of MBA Courses
MBA degree programme is one of the popular courses among students who want to pursue a management degree at the postgraduate level. MBA degrees can be offered in multiple types based on the mode of education, such as distance and online mode, which help students to complete the course programme at their convenience. Some of the types of MBA courses are:
List of MBA Specialisations
MBA degree has various specialisations that focus on general business administration along with the specific topics. Some of the most sought-after MBA specialisations are Finance, HR, Marketing Management, and Banking and Finance Management. In recent times, colleges are offering new specialisations, such as MBA in FinTech, Artificial Intelligence, Data Analytics and Aviation Management.
MBA Eligibility Criteria
Depending on the type of MBA degree, different MBA eligibility criteria is required to apply for it. B.Tech, BBA, BCA, B.Com, BA, and BSc graduates can pursue an MBA course as it is one of the most crucial degrees for the majority of managerial-level jobs across all industries and sectors.
Who Can Do MBA?
Students from any stream, such as Science, Humanities and Commerce can study MBA course. In this section, we have discussed the eligibility criteria for MBA admission:
- Applicants must have completed or be in the last year of a bachelor's degree in any stream with a minimum three-year duration.
- B.Tech, BBA, B.Sc, BA, B.Com are some of the most common bachelor's degree programmes.
- Candidates should have a score of at least 50 per cent throughout their bachelor's degree. (In the case of IIMs, it is 60 per cent).
- Applicants must have received a minimum of 60 per cent in their 10+2 from a recognised board in India.
- Candidates must have passed the entrance exam and meet the MBA cutoff requirements set by the MBA colleges.
MBA Course Duration
MBA course duration is two years, which is divided into four semesters. The first year of the course covers the general management curriculum and the second year offers advanced knowledge on the particular specialisations. Although the MBA duration can vary depending on the type, an executive MBA duration is one year whereas the regular MBA is two years.
Also read: Top Online MBA Specialisations To Pursue
Skills Required for MBA Course
Candidates who opt for an MBA course is anticipated to work in management in a business after graduation. To succeed, candidates must possess the requisite leadership abilities and traits. MBA qualification not only includes the bachelor's degree but also some major skills like, managerial, analytical and decision-making skills.
- Learning skills
- Analytical skills
- Managerial skills
- Communication skills
- Decision-making skills
Top MBA Entrance Exams in India
MBA degree requires applicants to pass entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), and NMAT in order to get admission to top MBA Colleges in India. Some of the MBA entrance exams are mentioned in this section.
Exam Name | Level | Conducting Body | Exam Schedule |
|---|---|---|---|
National | IIM Lucknow | ||
National | All India Management Association | ||
National | XLRI Jamshedpur | ||
National | National Testing Agency | ||
National | Graduate Management Admission Council |
Read more: Which One to Choose: Regular MBA vs Online MBA?
MBA Admission Process
According to how well students perform on the entrance exams, candidates are accepted for MBA courses in India's top management colleges. The admissions process of MBA programme is based on the merit list of these MBA colleges in India, although some colleges decide to conduct their own entrance tests. In this section, we have mentioned the types of the MBA admission process.
MBA Admission Based on Merit
Admission to MBA courses in top private colleges in India as well as government colleges in India is based on the level of examination held by the relevant state or national organisations. The MBA admission process is carried out entirely on the basis of MBA entrance exams.
MBA Admission Based on the Entrance Examination
All qualified students must be able to pass the MBA entrance exams for the specific management college of their choice if they want to enrol in a Master of Business Administration programme in India. Additionally, they must successfully pass an entrance examination and interview procedures before being chosen.
National Entrance Test: There are many entrance exams that are conducted at the National level for MBA admission. Some of the top national-level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, and IIFT.
State-level MBA Admission: In addition to national-level MBA entrance examinations, various states also conduct their own MBA entrance test for admission. Qualifying candidates can take admission to any of the participating colleges across the state. Some of the top State-level exams include MAH MBA CET, OJEE MBA, TANCET, APICET, KMAT.
University Entrance Test: Some of the reputed MBA colleges conduct various tests at the university level for the admission of their students. Such university-level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET.
MBA Fees Structure
The MBA fee structure varies depending on the college. The MBA fees may vary based on the resources that students can access through their colleges in India. Students may also use the amenities provided by the university. In addition to all of these services, the MBA fees also cover the tuition fee.
The average MBA fee structure for top MBA colleges in India such as IIMs, SPJIMR, and MDI Gurgaon is around Rs. 20 lakhs to Rs. 25 lakhs for the entire MBA course. Additionally, other government colleges in India charge minimal average MBA fees of around Rs. 50,000 to Rs. four lakhs per annum.
See Also: 11 Cheapest Colleges to Study MBA Course in India
MBA Cutoff for Top MBA Colleges
MBA cutoff depends on various factor, majorly on the entrance examination, such as CAT, MAT, XAT, NMAT. Other parameters are the number of applicants and difficulty level of the entrance exam. The details of the MBA cut-offs are also mentioned in the batch profile and the category and specialisation-wise rankings. In the table below, we have mentioned the CAT percentile 2023 of the top MBA colleges in India.
List of IIMs | CAT Percentile for IIM | IIM NIRF Rank 2023 |
|---|---|---|
IIM Ahmedabad | 99-100 | 1 |
IIM Bangalore | 99-100 | 2 |
99 | 4 | |
97+ | 6 | |
97+ | 8 | |
97 to 98 | 3 | |
95+ | 51 | |
95+ | 43 | |
95+ | 58 | |
94 | 22 |
Browse MBA Colleges Accepting CAT Score: Location-Wise
The table below depicts the top MBA Colleges in India Accepting CAT scores. The list is prepared based on the top locations in India.
- MBA College in India Accepting CAT Score
- MBA College in Delhi Accepting CAT Score
- MBA College in Pune Accepting CAT Score
- MBA College in Kolkata Accepting CAT Score
- MBA College in Chennai Accepting CAT Score
- MBA College in Mumbai Accepting CAT Score
- MBA College in Bangalore Accepting CAT Score
- MBA College in Delhi NCR Accepting CAT Score
- MBA College in Ahmedabad Accepting CAT Score
- MBA College in Hyderabad Accepting CAT Score
MBA Syllabus/Subjects
MBA course duration is of two-year which is divided into four semesters and an internship. In the tables below, we have mentioned MBA courses list which is divided into four semesters. In the first and second table, we have mentioned the MBA 1st year subjects and 2nd-year subjects respectively.
MBA 1st Year Subjects
MBA 1st year syllabus covers the introductory subjects of the MBA degree programme. Some of the subjects are Business Communication, Business Research Methods, Organisational Behaviour, Management Science, Computer Applications and Management Information System and Economic Environment of Business. In the table below we have discussed the MBA first year syllabus.
Semester I | Semester II |
|---|---|
Business Communication | Business Research Methods |
Organisational Behaviour | Management Science |
Computer Applications & Management Information System | Economic Environment of Business |
Financial Accounting | Organisation Effectiveness and Change |
Human Resource Management | Management Accounting |
Quantitative Methods | Production Operations and SCM |
Legal Aspects of Business |
MBA 2nd Year Subjects
MBA 2nd year subjects are majorly focused on the specific specialisation, that students choose according to their preference. In the table below, we have mentioned the MBA syllabus for 2nd year.
Semester III | Semester IV |
|---|---|
Business Ethics & Corporate Social Responsibility | Corporate Governance |
Elective Course II | Elective One |
Legal Environment of Business | Elective Two |
Elective Course III | Elective Four |
Strategic Analysis | Entrepreneurship Development |
Elective Course I | |
Elective Three | |
Elective Course IV | Elective Five |
Browse Top MBA Colleges By Location
There are various best MBA colleges in India which offer quality management education and top specialisations according to the candidate’s interest. Some of these colleges in India are popular owing to their prime location and close proximity to industrial and business corporations. In the table below, we have mentioned the MBA colleges in India by location as mentioned below:
- MBA Colleges in Delhi
- MBA Colleges in Pune
- MBA Colleges in Jaipur
- MBA Colleges in Kolkata
- MBA Colleges in Bhopal
- MBA Colleges in Mumbai
- MBA Colleges in Chennai
- MBA Colleges in Bangalore
Browse MBA Colleges By States
There are various B-schools in India which offer quality education and in various specialisations. In the table below, we have mentioned the B-schools in India by states as mentioned below:
- MBA Colleges in UP
- MBA Colleges in MP
- MBA Colleges in Punjab
- MBA Colleges in Karnataka
- MBA Colleges in Telangana
- MBA Colleges in Tamil Nadu
- MBA Colleges in Maharashtra
- MBA Colleges in Andhra Pradesh
Top Private MBA Colleges in India with Fees
In India, there are a number of private MBA colleges in India offering MBA programs. Private colleges are significantly more expensive than public universities. Some of the top private colleges and also MBA course fees are discussed below:
| Colleges | Fees | NIRF Rank |
|---|---|---|
Rs. 9.35 Lakhs | 60 | |
4.60 Lakhs | 36 | |
6.40 Lakhs | 77 | |
Rs. 12.40 Lakhs | 28 | |
22.20 Lakhs | 17 | |
3.16 Lakhs | 32 | |
17.34 Lakhs | 42 | |
20.77 Lakhs | 45 | |
7.05 Lakhs | 57 | |
KIIT University - Kalinga Institute of Industrial Technology, Bhubaneswar | 12.90 Lakhs | 59 |
Top Government MBA Colleges in India with Fees
Attending a government-run management college is less expensive than attending a private college. These government colleges are well-known for their high academic standards throughout India. The following are some of the best government colleges and also MBA course fees:
Colleges | Fees | NIRF Rank |
|---|---|---|
Rs. 24.61 Lakhs | 1 | |
Rs. 24.50 Lakhs | 2 | |
14 Lakhs | 7 | |
19.26 Lakhs | 16 | |
8.52 Lakhs | 18 | |
17.21 Lakhs | 19 | |
3.01 Lakhs | 23 | |
17.30 Lakhs | 24 | |
47,000 | 25 | |
17.17 Lakhs | 27 |
What After MBA?
After pursuing an MBA in India, students can either start working as full-time professionals or pursue their own startup or higher studies. There are various companies that offer MBA jobs to graduates with appropriate skills and experience.
Option 1: After completing an MBA degree programme, candidates can start working as full-time employees in the corporate sector with an average salary of around Rs. 12 lakhs per annum.
Option 2: Candidates can also choose to pursue a PhD programme in management or a related field.
MBA Employment Opportunities
Many students take up MBA degrees in order to get a job after completing their studies. After getting an MBA degree, many of them find MBA job opportunities in various industries such as Human Resources, Finance, and Operations.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Manager | A manager is responsible for the management of a team, department, or organisation. He or she works as a leader of a team and supervises the work of its members. | Rs. 11.6 LPA |
Sales Manager | A sales manager is responsible for the management of all the tasks involved in the sales process. This professional is also responsible for ensuring that the targets are met and that profits are maximised. | Rs. 5.0 LPA |
| Marketing Manager | A marketing manager is responsible for various tasks and responsibilities related to marketing such as campaigns, sales tasks, client proposals and marketing of different products. | Rs. 7.0 LPA |
HR Manager | A human resource manager is responsible for the management of the human resources function of an organisation. His or her responsibilities include the recruitment process, employee relations, and professional dispute resolution. | Rs. 6.6 LPA |
Salary After MBA
MBA salary depends on the MBA specialisation chosen by the students. After pursuing an MBA course in India, the average MBA salary is around Rs 4,00,000 to Rs. 32,00,000 per annum. The types of MBA jobs you can eventually end up in will depend on the MBA specialisation you choose.
Most of the time, management students are selected from the marketing specialisation. MBA specialisation, experience, industry, college, and designation are some of the important factors on which the MBA salary depends. In the table below, we have mentioned the salary of MBA graduates in India.
Job Profile and Salary for Top Private Recruiters
Job Profile | Average Salary |
|---|---|
Organisation Name: Deloitte | |
Rs. 6.3 LPA | |
HR Manager | Rs. 15.2 LPA |
Sales Manager | Rs. 6.3 LPA |
Marketing Manager | Rs. 18.4 LPA |
Rs. 19.1 LPA | |
Source: Ambition Box
Job Profile and Salary for Top Public Recruiters
| Job Profile | Average Salary |
|---|---|
Organisation Name: SBI | |
Rs. 17.8 LPA | |
Rs. 10.9 LPA | |
Rs. 18.4 LPA | |
Rs. 12.0 LPA | |
Sales Manager | Rs. 4.7 LPA |
Source: Ambition Box
Read more: Advantages and Disadvantages of Online MBA Course
Top Recruiters
Many recruiters hire MBA freshers for various job openings in different sectors once they complete an MBA programme. The top recruiters in a wide range of industries who offer MBA jobs are listed below.
- Deloitte
- Flipkart
- SBI
- EY
- Amazon
- Microsoft
- Larsen & Toubro
MBA is one of the sought-after courses for students after graduation and also benefits working professionals to excel in their careers. MBA degree programme equips candidates with various management knowledge and skills. Some of the career options that candidates can choose after completing an MBA programme are Manager, Sales Manager, Marketing Manager, and HR Manager.
Frequently Asked Question (FAQs)
An MBA is a postgraduate-level degree that offers both practical and theoretical knowledge in business, finance and investment management. Master of Business Administration is a professional degree programme of two years. MBA degrees can be offered in various modes, such as online MBA, part-time MBA, Distance MBA, Integrated MBA, and Executive MBA.
The total duration of a full time MBA degree programme is two years equally segregated into four semesters.
MBA requirement is a bachelor's degree in any stream is eligible to participate in an MBA postgraduate programme.
The admission to MBA degree programmes 2024 in private and government colleges is provided on the basis of national, state or university level entrance examination.
Some of the top MBA entrance examinations are CAT, XAT, SNAP, CMAT, IIFT.
An MBA is a degree, but a PGDM is a diploma programme, and that is the fundamental distinction between the two. PGDM programme is offered by stand-alone institutions or autonomous bodies, whereas MBA is offered by universities or MBA colleges affiliated with top management universities.
If you want to pursue a master's degree in business administration, then students must check the MBA qualifications, which include a bachelor's degree programme in any specialisation and some skills such as analytical, managerial and decision-making skills.
Sales manager, executive manager, operations manager, human resource manager, and supply chain manager are a few of the most sought-after professions for MBA candidates.
Yes, you can join MBA degree programme, without a CAT score, you need to meet other MBA eligibility criteria, such as the need to pass a bachelor's degree programme, and can also appear for the other entrance examination, like MAT, XAT, and CMAT.
Yes, a BSc student can pursue an MBA after completing their graduation. The main criteria for admission in MBA programmes are a bachelor's degree with minimum 50 per cent marks from recognised universities and also need to qualify CAT or MAT entrance examination. Pursuing an MBA degree after earning a B.Sc. enables you to explore highly paid jobs across various industries.
Some of the MBA subjects are Business Communication, Marketing Management, Organisational Behaviour, Human Resource Management, Computer Applications & Management Information System, Quantitative Methods, Financial Accounting, Managerial Economics.
MBA full form is Master of Business Administration, it is a two year postgraduate degree programme in business administration.
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Questions related to MBA
Pursuing an MBA after graduation in law can be a good choice. It can open up career opportunities in corporate law, management roles in various industries.
For top private colleges in Delhi offering an MBA in Business Law, consider the following:
1. Indian Institute of Foreign Trade (IIFT) :IIFT offers programs that combine international business with legal aspects, which can be quite beneficial.
2. Amity University, Noida: Offers an MBA with a specialization in Business Law.
3. Jindal Global Law School, Sonipat (near Delhi): Offers a unique combination of law and business courses, including an MBA in Business Law.
4. Bharati Vidyapeeth Deemed University, New Delhi: Offers various MBA specializations, including ones that integrate law and business aspects.
5. FORE School of Management: Offers an MBA with a focus on International Business.
These institutions are known for their robust curriculum, experienced faculty, and good placement records.
Its not a great score that you get top colleges in CAP round through MBA CET dont waste your time Apply to Business Schools with Profile based admissions at the earliest to avoid getting seat full.if you have time go for next attempt to increase your percentile.
You may get Sinhgad Technical Education Society's Smt. Kashibai Navale College,Modern Institute of Business Management, Pune etc according to your percentile.to know more colleges click link
https://bschool.careers360.com/articles/mba-colleges-for-70-80-percentile-in-mah-cet
Hello,
Choosing the "best" MBA college in Bhopal can depend on several factors including accreditation, faculty, infrastructure, placement records, industry connections, and overall reputation. Here are a few MBA colleges in Bhopal that are often considered among the top:
-
Indian Institute of Forest Management (IIFM) :
- Known for its specialization in Forest Management and Natural Resource Management.
- Offers a unique perspective on sustainability and environmental management.
- Good placement records in related sectors.
-
Maulana Azad National Institute of Technology (MANIT) :
- Offers an MBA program with a focus on management in the context of engineering and technology.
- Established institute with good infrastructure and faculty.
- Strong industry connections and placement opportunities.
-
Institute of Professional Education and Research (IPER) :
- Well-regarded private institute in Bhopal.
- Offers various MBA specializations with a focus on practical learning and industry exposure.
- Good placement track record with ties to local and national companies.
-
Barkatullah University Institute of Technology (BUIT) :
- Offers MBA programs in different specializations.
- Associated with Barkatullah University, which is a recognized name in Madhya Pradesh.
- Focuses on providing a well-rounded management education.
-
Career College of Management (CCM) :
- Another prominent private institute in Bhopal offering MBA programs.
- Known for its dedicated faculty and emphasis on skill development.
- Decent placement opportunities in the region.
When choosing the best MBA college in Bhopal for you, consider factors such as your career goals, specialization preferences, placement opportunities, infrastructure, faculty expertise, and alumni network. It's also helpful to visit the campus, if possible, and speak with current students or alumni to get a better sense of the college's environment and culture.
Hope it helps you!
MBA in Human Resource Management requires critical thinking and analytical skills to apply in organisations it mainly focuses on human capital organizational behaviour, and strategic HR planning. admission to this courses through entrance examination such as CAT, MAT, XAT, CMAT, GMAT, MBA CET, PERA & State CET you can take any exam of your choice but remember to check the scores accepts by the university in which you are interested.
Fee structure is depends college to college usually tje fee charges by HRM schools is upto 10 lakh rupees you can expect ROI 7 lakh rupees when you get placement through your college.there are lot of university in india offers MBA in HRM dont get confused always go for good ranking and placement college.
Admission requirements for MBA programs vary by institution, but many reputable programs require a minimum percentage of 50% in undergraduate studies. However you can still have a chance in colleges where they have lower requirements or through entrance exams like CAT, MAT, GMAT.
With 44% you can consider
1. Private universities
2. Entrance exams
3. Work experience
4. State universities
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