MBA (Master of Business Administration) Course, Eligibility, Admission, Syllabus, Subjects, Career Growth
What is an MBA?
Master of Business Administration or MBA is a postgraduate degree with its importance across the globe and is recognized not only in India but in other countries as well. MBA is a two-year degree programme in management that provides an individual with a gateway to an abundance of job opportunities across India as well as overseas in the management field. Candidates with a Bachelor’s degree from any background be it commerce, science, arts, can opt for taking a postgraduate degree in MBA.
Generally, four semesters form part of an MBA programme and its importance is not limited to only the Private sector. Both government and private sectors have employment options for MBA graduates. The goal of the MBA programme is to ensure that the deficiency of quality managers in the corporate sector is completed.
What is the full form of MBA?
The full form of MBA is Master of Business Administration. Candidates aspiring to work in the field of management or business administration must think of pursuing an MBA degree.
Highlights - MBA
Bachelor's degree in any specialisation
Semester Wise/ Year Wise
Rs 4 lakh to Rs 25 lakh
Sales Manager, Executive Manager, Operations Manager, Human Resource Manager, Supply chain manager.
Average Annual Salary
Rs 10 lakh to Rs 15 lakh per annum.
Fee Structure of MBA
Due to the availability of a number of colleges for MBA, it may happen that one college/institute may sound appealing to one candidate, while the same does not to another candidate. While the fees of MBA programmes offered by government colleges and Universities are on the cheaper side, the same MBA programme with similar course structure offered by private institutes is expensive. Fee structure of MBA colleges in India is dependent on several factors like infrastructure, hostel facility, activities, international exposure, placement services and much more. The average fee structure for MBA degree programmes lies between Rs 4 lakh to Rs 25 lakh for the entire course duration.
Check Other MBA Degrees
Why choose MBA?
MBA is a degree programme that opens various employment opportunities at higher job positions for students from different backgrounds. The degree programme offers more than 25 specialisations as per candidates’ previous backgrounds and their area of interest. If candidates wish to have an advancement in their career then MBA is one of the best degree programmes to pursue. In addition to this, candidates can find the suitable MBA programme as per their schedule and availability such as part time, online, distance, or executive MBA.
Eligibility Criteria for MBA admission
Candidates can opt for a regular full-time MBA or distance MBA. Although the basic eligibility remains the same in all institutions providing MBA degrees, some colleges may inculcate some changes in MBA eligibility criteria as per their requirement. The following mentioned are the basic requirements that a candidate should have in order to pursue an MBA degree as a post graduation:
Candidates must have a Bachelor’s Degree (BA, B.Com, B.Sc, BBA, BCA, B.Tech, B.Arch etc.) in any discipline be it technology, science, commerce, humanities, etc., from any recognized University or Institution of National importance.
Minimum percentage required in graduation degree is 50% as prescribed by most of the Universities/Institutes.
Final year candidates can also apply for an MBA, but they have to provide their final graduation certificate within a specified time duration.
Popular MBA Colleges in India
Skills Required for MBA
A candidate after completing his/her MBA duration is expected to work as a manager. Companies expect their managers i.e. MBA graduates to professionals and hence expect them to have not only good communication and leadership qualities but much more. Let us have a look at some of the skill-sets required from a candidate having an MBA degree:
Managerial Skills: A candidate pursuing an MBA degree programme should be good in organisation and management. Candidates must know how to manage multipurpose assignments occurring at the same time along with management of people and teams.
Learning Skills: MBA is a degree programme which requires students to follow a rigorous curriculum and remain up to date with all recent business developments happening around the industry. Hence, it is important for candidates to have learning ability.
Data Interpretation Skills: MBA degree not only includes business but also analytics within it. Since the prevalence of technology in every department, analytics has become a huge part of MBA. In order to assess those analytics and make sense of huge data sets, it is important for candidates to have data interpretation skills.
Communication Skills: A manager or an MBA candidate is required to possess great verbal and written communication skills since 50 per cent of their work revolves around people management, client proposals, and deal making. Hence, communication skills become an integral part of one’s daily tasks.
Decision Making Skills: An MBA candidate must be keen in making decisions according to the best interest of the business and the company. An executive placed at a higher job position has to deal with various small to big decisions that involve risking the business, profit, and efficiency of the projects.
MBA Admission Process
Generally, the admission to business schools in India is provided on the basis of MBA entrance exams at national or state level. However, some of the institutes prefer conducting their own entrance exams and provide admission to MBA on the basis of entrance scores.
MBA admission on the basis of merit
Generally, the admission to MBA degree programmes in private and government colleges is provided on the basis of national, state or university level examination. MBA admission is a rigorous p/rocess which includes aptitude assessment, personal interview, and communication assessment. Hence, the admission to MBA is done completely on the basis of entrance examinations.
MBA admission on the basis of Entrance Examination
Eligible candidates who are willing to take admission in MBA programmes in the top B-Schools of India are required to qualify any of the entrance tests depending on their choice of college/university/institute. Once the candidates qualify any of the MBA entrance exams, they have to go through a screening/written ability test/personal interview etc. depending upon the preference of the institute and its selection procedure for MBA admissions.
National Level Test - There are certain exams which are common and are conducted at the National level. Scores of such exams are accepted by all participating colleges/institutes. Some of the top national level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, IIFT etc.
University Level Test - Along with above-mentioned tests for MBA admission, some of the institutes also provide admissions to candidates on the basis of tests conducted by them. Such University level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET, IRMASAT, etc.
MBA Entrance Examinations
CAT (Common Admissions Test)
The Common Admissions Test or CAT is one of the largest management entrance examinations conducted in India by one of the IIM(s). The top MBA colleges in India require students to appear in the CAT examination in order to take admission to their institutions. Candidates can find below relevant CAT details mentioned in the table below:
NMAT (Narsee Monjee Aptitude Test)
The NMAT examination is a university level management entrance test conducted by GMAC on behalf of Narsee Monjee Institute of Management Studies. Candidates who clear the NMAT exam, followed by group discussion and personal interview are offered admission to NMIMS. The relevant NMAT details are mentioned below in the table:
XAT (Xavier’s Aptitude Test)
XAT is one of the most popular MBA entrance examinations accepted by almost 170 institutions for MBA admission. Some of the best colleges in India accept XAT scores. The XAT exam is conducted by XLRI Jamshedpur in order to provide admission to MBA degree programmes. The relevant XAT details are mentioned below in the table:
SNAP (Symbiosis National Aptitude Test)
SNAP or Symbiosis National Aptitude Online Test is a national level online examination conducted by the Symbiosis University. Candidates who qualify the examination along with group discussion and personal interview are offered admission to one of the 16 symbiosis colleges. The relevant SNAP details are mentioned below in the table:
IIFT (Indian Institute of Foreign Trade)
Indian Institute of Foreigh Trade conducts a national level yearly entrance examination for admission to three specializations offered by the institute. Candidates who qualify the examination along with group discussion and personal interview are offered admission to IIFT, New Delhi. The relevant IIFT details are mentioned below in the table:
The MBA cutoff for every institute, category or specialisation is released after the completion of the MBA admission process. The institutions release their category and specialisation wise cutoff along with the batch profile. The batch profile includes factors such as students academic background, their average GPA, average age of the batch, and more. The MBA cutoff for top MBA colleges in India are mentioned in the table below:
State level MBA Admission
In addition to national level entrance examinations, various states also conduct hei own management entrance test for MBA admission. Qualifying candidates can take admission in any of the participating colleges across the state. Some of the top State-level exams include MAH CET, OJEE MBA, TANCET, AP ICET, KMAT, and more.
Top MBA Colleges Accepting Entrance Examinations
Various Colleges in India accept multiple or single entrance examinations depending on their eligibility criteria and entrance requirements. Students can find some of the top MBA colleges accepting entrance examinations mentioned in the table below:
Indian Institute of Foreign Trade
Woxsen School of Business
Browse Top MBA Colleges Accepting CAT Score: Location-Wise
Top MBA Colleges By Location
There are various popular MBA colleges in India that offer quality education and top specialisations according to the candidate’s interest. Some of these colleges are popular due to their prime location and close proximity to industrial and business corporations. Some of the top MBA colleges by locations are mentioned below:
The regular MBA course is basically of two-year duration which is divided into four semesters that includes an internship as well. Listed below are the semester-wise MBA subjects for a regular MBA programme:
Human Resource Management
Computer Applications & Management Information System
Business Research Methods
Economic Environment of Business
Production Operations and SCM
Organization Effectiveness and Change
Legal Aspects of Business
Business Ethics & Corporate Social Responsibility
Elective Course II
Elective Course I
Legal Environment of Business
Elective Course III
Elective Course IV
MBA is a degree programme which irrespective of its correspondence, provides exposure to graduates in a wide range of fields. Various institutions divide the MBA curriculum as per the specialization chosen by candidates from the very first year while other institutes let candidates get familiar with the general management and business administration processes within the first year and then select their specialisation in the second year. Whereas, sometimes the candidates are given the option to select core and elective subjects either in the first year or the second year. MBA specializations offered by various B-Schools in India are mentioned below in the table:
MBA in Computer Application
MBA in Agriculture & Food Business
MBA in Disaster Management
What after MBA?
After the completion of the MBA degree programme, candidates have the option to either start working as a full time professional or have their own startup or pursue higher studies. Candidates interested in moving towards business research and management studies generally choose to pursue a higher degree programme.
Option 1: Candidates after completion of MBA degree programme can start working as a full time employee manager in the corporate sector with an average salary of Rs 12 lakh per annum or more.
Option 2: Other than this, candidates can choose to pursue higher education and move towards the research industry by pursuing a PhD programme in management or a related field.
Career Options After MBA
Students who have completed their MBA degree are in demand. We live in a fast-paced world with so many options available to choose from. After completing the MBA degree it opens the door for candidates in Marketing, Finance, Operations, Human Resources and so forth. Check the list of job opportunities one can have after completing an MBA degree:
Manager: A manager is a professional who is responsible for the management and organisation of a team, department or organization. A manager works as a leader in a project and supervises the day to day work of the employees within the team.
Sales manager: A sales manager is a professional who is responsible for the management and organisation of all the sales tasks taking place within the organisation. A sales manager is responsible for ensuring that quarterly targets are achieved and profits are efficiently managed.
Marketing manager: A marketing manager is a professional who is responsible for management and organisation of marketing campaigns, sales tasks, client proposals and marketing of different products.
Human resources manager: A human resource manager is a professional who is responsible for the management and organisation of the human resources department of any organisation. Some of the major responsibilities of a human resource manager include recruitment processes, event organisation, professional dispute management, and salary negotiations.
Candidates after graduating from an MBA degree programme can find employment opportunities in almost every sector, however, some specific recruits specially hire MBA graduates as per their job demands. The recruitment process for MBA graduates can be done through various channels such as campus placement, agency recruitment, direct hiring, third party sourcing, and more. Candidates can find the top recruiters for MBA graduates mentioned in the table below:
Larsen & Toubro
Browse Popular MBA Colleges By States
Salary after MBA
As per the current trends and data, MBA graduates will likely witness a certain increase in their average package. According to the GMAC report of annual survey, more than half the recruiting organisations have stated that from the academic year 2019, they will be increasing the base salary for MBA graduates.
Top government B-Schools, IIM Ahmedabad offered an average package of 30.40 lacs per annum in the year 2019 while Private sector-top institute XLRI Jamshedpur offered an average salary package of 22.35 lacs per annum in the year 2019.
Before candidates decide to opt for an MBA programme, it is essential that they understand the scope of the two years programme, the benefits associated along with the average pay package they can get. Currently, candidates from all domains are planning to take up the MBA Programme for uplifting their career path. The importance of having an MBA degree can not be neglected. Candidates having MBA degrees are demanded in every industry.
Top Private MBA Colleges in India
When it comes to private MBA colleges in India, there are various institutes that offer MBA degree programmes. Some of these private colleges are quite popular among students and hold better ranking than government MBA colleges. Candidates can check the top private MBA colleges in India mentioned in the table below:
Top Government MBA Colleges in India
The government MBA colleges in India are the most popular among students and are considered the best in terms of ROI and placements. Candidates can find the list of top government MBA colleges in India mentioned below in the table:
Frequently Asked Question (FAQs) - MBA (Master of Business Administration) Course, Eligibility, Admission, Syllabus, Subjects, Career Growth
Question: What is an MBA?
MBA is a management related postgraduate degree programme that offers students a gateway to managerial roles in their career.
Question: What is the duration of an MBA?
The total duration of a full time MBA degree programme is two years equally segregated into 4 equal semesters.
Question: What is the eligibility criteria for an MBA?
Candidates with a Bachelor’s degree from any background be it commerce, science, arts, can choose for taking a postgraduate degree in MBA.
Question: What is the admission process for an MBA degree programme?
The admission to MBA degree programmes in private and government colleges is provided on the basis of national, state or university level entrance examination.
Question: What are some of the top MBA entrance examinations?
Question: What is the fee structure for an MBA degree programme?
The average fee structure for MBA degree programmes lies between Rs 4 lakh to Rs 25 lakh for the entire course duration.
Question: What is the scope of an MBA degree programme?
MBA is a degree programme that opens various employment opportunities at higher job positions for students from different backgrounds.
Question: What are some of the popular job profiles for MBA candidates?
Sales Manager, Executive Manager, Operations Manager, Human Resource Manager, Supply chain manager are some of the popular job profiles for MBA candidates.
Question: What is the average salary for an MBA graduate?
An MBA graduate with a tier-1 school and appropriate skills can easily earn between Rs. 10 lakh to Rs. 15 lakh per annum.