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Updated on 20th February, 2024 , 15 min read
MBA Full Form is a master's of business administration. The MBA course duration is 2 years. The candidates who are interested in pursuing the course should make sure that they are eligible enough as per the criteria. The eligibility courses for the MBA course are that the applicants must have completed a minimum of 50% of their degree. Admission to this course is based on the marks secured in the entrance exams. MBA entrance exams include CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, and IBSAT. Furthermore, the MBA Course fees amount to INR 2-27 Lakh and above.
The MBA courses are available in a variety of formats, including Online MBA, Distance MBA, integrated MBA, and Executive MBA. The MBA Syllabus involves Full-Time topics like Financial Derivatives, Fixed Income Securities, etc.
MBA Specializations include Marketing, Finance, Human Resource Management, etc.
The jobs in the field of MBA include Marketing Manager, Business Operations Manager, Health Services Manager, etc.
The MBA Salary ranges from INR 3-10 LPA. Moreover, to know more about MBA courses and specializations, read the complete details below.
All about MBA:
MBA Courses:
Apart from MBA courses offered in the second year, some of the IIMs also offer MBA courses in different streams like MBA in Business Analytics, MBA in Food & Agriculture, MBA in Agriculture Business Management, MBA in Human Resource Management, MBA in and Sustainability Management among others. Below is shared the list of MBA Courses offered by IIMs:
Name of the IIM offering MBA Courses | List of MBA Courses offered | MBA Course Fees | Ratings |
IIM Ahmedabad | PGP, PGP-FABM, ePGP | INR 22,00,000 | 5.0 |
IIM Amritsar | PGP | INR 13,00,200 | 4.8 |
IIM Bangalore | MBA, MBAEM, MBAPM | INR 23,00,000 | 5.0 |
IIM Bodh Gaya | PGP | INR 17,00,000 | 4.4 |
IIM Calcutta | MBA | INR 19,00,000 | 4.5 |
IIM Indore | PGP, PGP-HRM | INR 16,00,000 | 5.0 |
IIM Jammu | MBA | INR 17,15,000 | 4.6 |
IIM Kashipur | PGP, EPGP | INR 3,82,000 | 4.5 |
IIM Kozhikode | PGP, EPGP (IIMK, IIMK Kochi Campus) | - | 4.4 |
IIM Lucknow | MBA, MBA-ABM, MBA-SM | INR 14,30,000 | 4.8 |
IIM Nagpur | PGP | - | 4.3 |
IIM Raipur | PGP | INR 15,92,960 | 4.2 |
IIM Ranchi | PGP, PGP-HRM | INR 17,20,000 | 4.4 |
IIM Rohtak | PGP, EPGPX | INR 8,95,000 | 4.8 |
IIM Sambalpur | PGP | - | 4.5 |
IIM Sirmaur | MBA | INR 9,50,000 | 4.7 |
IIM Tiruchirappalli | PGP, PGPM-HR, PGPBM | - | 4.9 |
IIM Udaipur | MBA | INR 20,43,000 | 4.5 |
IIM Visakhapatnam | MBA | - | 4.5 |
There are 5 types of MBA Courses available in India in various formats, namely - Full-time MBA Courses, Part-time MBA Courses, Distance MBA Courses, Online MBA Courses, Executive MBA courses, and integrated MBA Courses. Traditionally, Full-Time MBA courses are of two-year duration and have been the most popular among management applicants; however, due to flexibility, Executive MBA and Online MBA courses have grown in favor in recent years. Read on for some significant aspects of each MBA course:
MBA Courses List | MBA Course Duration | MBA Course Fees | Who Should Pursue |
Full-Time MBA Courses | 2 Years | 2-25 Lakh | Students |
Part-Time MBA Courses | 2-3 Years | 1-10 Lakh | Working Professionals |
Distance MBA Courses | 2-5 Year | 50k-1 Lakh | Students/Working Professionals |
Online MBA Courses | 2-3 Years | 50K-1.5 Lakh | Students /Working Professionals |
Executive MBA Courses | 15-19 Months | 3.5-40 Lakh | Working Professionals |
Integrated MBA Courses | 5 Years | 1.5 – 9 Lakh | Students (After 12th) |
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 MBA courses will nearly always contain courses in finance, marketing, strategy, human resources, and operations management.
Listed below are the Top 10 Colleges For Full-Time MBA by NIRF Ranking
Name of the Institute | NIRF Rank 2023 | NIRF Rank 2022 |
1 | 1 | |
2 | 2 | |
3 | 3 | |
4 | 6 | |
5 | 8 | |
6 | 7 | |
7 | 4 | |
8 | 9 | |
9 | 5 | |
10 | 11 |
Many institutes offer normal full-time MBA or PGDM degrees; however, not everyone can study management programs through a regular classroom learning style, with a program duration of two years. A 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, a part-time MBA from IIMs has enhanced the notion of completing part-time MBA courses.
Part-Time MBA College | Work Experience Required | MBA Entrance Exams | MBA Course Fees |
2 Years | 9,73,000 | ||
2 Years | Written Assessment Exercise | 6,00,000 | |
2 Years | Common Entrance Test | 1,53,000 | |
2 Years | Apply Online | 4,75,000 | |
2 Years | Apply Online | 3,25,000 |
Distance MBA candidates complete the program through remote contact and correspondence. Because it is inexpensive and flexible, the course is ideal for persons with limited time and money. There is the option of finishing the course in two to five years. In India, there are around 490 Distance MBA institutions. The most well-known is IGNOU.
IGNOU MBA admissions for the July session are set to open on June 11. Candidates seeking admission will be able to apply online at the official site of IGNOU, the university's official website. The MBA course will be selected based on merit in the qualifying exams.
The IGNOU MBA course is a two-year distance learning program with concentrations in Banking and Finance, Human Resources, Marketing, Service, and Operations Management. The institution has recently begun an AICTE-approved IGNOU Online MBA degree course. Admission to the MBA course at IGNOU occurs in two cycles: January and July. Candidates must have a bachelor's degree from a recognized university with at least 50 percent marks in aggregate to be eligible for admission.
Below is the list of most preferred colleges for Distance MBA Courses
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
This program is mainly for working professionals with more than five years of experience. The curriculum is the same as a full-time MBA program, but the duration is shorter (15–19 months). The fee for an executive MBA is higher, so some employers offer sponsorships as well.
Read More: Executive MBA
Listed below are the Top 10 Colleges for Executive MBA Courses
Integrated MBA or IPM (Integrated Program in Management) is a five-year program that combines a BBA along with MBA. It is one of the most sought-after programs.
Online and on-campus accelerated MBA courses are a quicker alternative to otherwise traditional two to three-year programs. Individuals who undertake an accelerated MBA can expect to complete their studies within ten to fifteen months while earning the same degree as traditional MBA students. As most accelerated MBA courses take a year to complete, it is sometimes referred to as a one-year MBA. To fit the required 30+ credit hours into the shortened time frame, students might have to complete extra business courses before applying and take summer courses during the program.
Advantages:-
Global Executive MBA cohorts represent over 30 nationalities and reflect more senior profiles, with an average age of 39, around 15 years of work experience, and a distinctly international orientation. The program requires students to have lived or worked in at least two countries and/or have significant cross-border responsibilities. In addition to sharpening their business and management acumen, they also aim to bolster their leadership and stakeholder management skills and expand their skill set to thrive in multicultural and global settings.
Modular EMBA programs make for a truly global experience and enhance the chances of building a strong and sustainable professional network. Modular programs enable students to become on-campus residents for up to a week at a time over 15 months to 22 months. The EMBA is earned when students have completed all their modules in weeklong campus residencies. Very few business schools have adopted a purely modular approach, but many have opted for a mixed approach.
An MBA in Digital Marketing prepares students to create, promote, price, and manage products and services. This program focuses on understanding customers' behavior and communicating with clients and customers. Students who graduate with an MBA in marketing can work in a variety of roles. Some career paths graduates may explore include:
The MBA in Business Analytics is an MBA degree with a concentration in analytics and is one of the most popular MBA specializations out there. The curriculum covers core business fundamentals while training you to consider business from a data-driven perspective. From Microsoft to McKinsey, the vast numbers of companies employing business analytics graduates typically look to fill these key roles.
MBA Data Analytics provides training to students for converting semi-structured, Big Data structured or unstructured data into useful insights that help in operational and strategic decision-making processes. It is a 2-year postgraduate degree program for students that covers all the major topics related to data analytics.
Must Read: MBA in Data Science
MBA in Entrepreneurship is a specialization of MBA that focuses on students who wish to become entrepreneurs or run existing businesses. Entrepreneurship-centric MBA syllabus helps students understand how to be an entrepreneur. This course helps students understand how to start a business and run it efficiently. It provides knowledge about getting funds and using them appropriately.
MBA Entrepreneurship Job Roles
The MBA in finance prepares students for in-depth studies related to the various facets of finance such as management, control, and assessment of collection, investment, and resources. MBA in Finance is a 2-year post-graduate degree that prepares students for various management roles in finance. Various specializations of finance focus on the management and control of the financial resources of a company.
MBA Finance Job Roles
Master of Business Administration or MBA Strategic Management is a 2-year long postgraduate course which has been designed to ensure that the students know how to make management decisions that will improve a company's performance. Under this program, the students would be taught the skill of business analysis and strategy skills.
Students who have completed their Bachelor's degree from a recognized university are eligible for this course. The students can complete their graduation in any stream. Many colleges also ask for a minimum of 50% marks in graduation. Premier colleges might ask for 60%.
MBA In Strategy Job Roles
MBA in International Business is a 2-year postgraduate program course that is designed to impart knowledge about Foreign Policies, Trade, Foreign Investments, Export Management, and Forex Risk Management.
The minimum eligibility is 50%-60% in a Bachelor's degree. MBA in International Business Admission process is merit but exams like CAT, MAT, GMAT, IIFT, etc. are conducted by various bodies for admission into the colleges.
MBA International Business Job Roles
An MBA in HR or Human resource management is a two-year degree program that focuses on recruiting the right people for the job, managing them, and providing direction and guidance to the workforce.
Top MBA in HR Colleges takes in students based on their scores in top MBA Entrance exams like CAT, MAT, etc. MBA HR Admission is different for different modes like distance or executive.
MBA HR Job Roles
MBA Risk and Insurance is a 2-year postgraduate course focusing on the insurance industry. This course is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
This course provides knowledge of actuary science, strategic planning, and other topics essential to effective management in the insurance industry. Students acquire the fundamental knowledge and the analytic skills to be able to deal with the problems of the insurance businesses.
MBA Risk Management Job Roles
MBA Operations Management is a specialization of MBA courses. MBA Operations Management is a two-year management course focusing on planning, organizing, and supervising the launching of products or services. MBA Operations Management is becoming more important with the growth of E-commerce. High production abilities and the need to spread all products across the planet provide great scope for MBA Operations Management.
MBA Operations Job Roles
It is impossible to predict which MBA specialization will yield the highest-paying job, but certain MBA concentrations are popular for a reason:
It continues to draw student interest as an MBA specialization because it can prepare you to become a Management Consultant, Senior Product Manager, or Financial Manager, all of which pay well – between 18 LPA – and 40 LPA
It can lead to a high-paying job, with roles like IT Director, Vice President of Technology, and Senior Project Manager drawing salaries between INR 30 – 50 LPA
It is always a solid choice for an MBA specialization as it can prepare you for a wide range of jobs and salaries, which indicates a degree of job and career security.
It should be noted that different schools have different names for similar MBA concentrations, so be sure to inquire about the curriculum and hands-on learning opportunities at each school to determine if the concentration that interests you is comparable to in-demand concentrations at other schools.
SR NO | NAME OF THE COURSE | DURATION | ELIGIBILITY CRITERIA |
1 | BBA | 3 years | Completed 12th standard from a recognized board or equivalent |
2 | BMS | 3 years | Completed 12th standard from a recognized board or equivalent |
3 | BBA + MBA (Integrated) | 5 years | Completed 12th standard from a recognized board or equivalent |
4 | BHM | 4 years | Completed 12th standard from a recognized board or equivalent |
5 | B.Sc. Hotel Management | 3-4 years | Completed 12th standard from a recognized board or equivalent |
6 | Diploma in Management | 2-3 years | Completed 10th/12th standard from a recognized board or equivalent |
7 | BA (Hons in Management) | 3 years | Completed 12th standard from a recognized board or equivalent |
8 | BBS | 3 years | Completed 12th standard from a recognized board or equivalent |
9 | BBE | 3 years | Completed 12th standard from a recognized board or equivalent |
10 | BIBF | 3 years | Completed 12th standard from a recognized board or equivalent |
11 | B.Com. (Honors Management) | 3 years | Completed 12th standard from a recognized board or equivalent |
12 | BHA (Hospital Administration) | 3 years | Completed 12th standard from a recognized board or equivalent |
13 | BSM (Sports Management) | 3 years | Completed 12th standard from a recognized board or equivalent |
14 | Integrated MBA (others) | 5 years | Completed 12th standard from a recognized board or equivalent |
The below details explain the MBA Courses after the 12th:
Name of the Exam | Registration Date | Exam Date |
21st September, 2023 | 26th November, 2023 | |
3rd December, 2023 (IBT) 5th December, 2023 (PBT) 6th December, 2023 (IBT) 28th November, 2023 (CBT) 11th December, 2023 (CBT) 14th December, 2023 (IBT) | 3rd December, 2023 (CBT) 6th December, 2023 (IBT) 9th December, 2023 (IBT) 9th December, 2023 (PBT) 16th December, 2023 (CBT) 17th December, 2023 (IBT) | |
23rd November, 2023 | 10th December, 2023 17th December, 2023 22nd December, 2023 | |
1st July, 2023 - 16th December, 2023 | 1st week of January, 2024 | |
16th December 2023 | ||
April - May, 2024 | ||
3rd Week of February, 2024 - 3rd Week of March, 2024 | 23rd March & 24th March, 2024 | |
10th October, 2023 | October 10 - December 19, 2023 | |
4th Week of December 2023 | ||
30th November, 2023 | 7th January, 2024 | |
2nd Week of December 2023 |
An MBA prepares students for an executive career as business leaders. One can develop highly valuable skills like strategic thinking and people management and enhance one's professional career even more with a specialization in one of the areas. Here are the top MBA specializations to consider pursuing.
MBA Specializations | MBA Syllabus |
Finance |
|
Marketing |
|
Organizational Behavior & Human Resource Management |
|
Production and Operations Management |
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Entrepreneurship |
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IT Management |
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Services Management |
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MBA Entrance Exams 2024: Dates, Registration, Syllabus, Pattern
By - Prachi Bhatia 2024-07-15 08:31:56 , 10 min readAns. MBA courses are available in various specializations like MBA Hr, MBA Finance, MBA Marketing, MBA International Business etc. MBA subjects are common in the first year among all the MBA specializations. In the second year, the students get to study the MBA subjects for the specialisation.
Ans. The total duration of a full time MBA degree programme is two years equally segregated into 4 equal semesters.
Ans. MBA is a degree programme that opens various employment opportunities at higher job positions for students from different backgrounds.
Ans. MBA in india is available in various types such as Full Time MBA Online MBA Executive MBA Distance MBA Integrated MBA
Ans. The average salary of an MBA graduate with over 10 years of experience in India is Rs. 14,00,000 per annum.
Ans. Here are the top jobs for MBA graduates In India. Marketing Manager. Business Operations Manager. Health Services Manager. Financial Manager.
Ans. The highest demand is for finance, project management, consulting, strategy, and business analytics specialists, according to the 2020 corporate recruiter survey. However, employers hire MBA graduates with many different specializations, as each degree type is suited to different roles.
Ans. CA salary in India is around 8-9 lakhs per annum. On the other hand, the average salary of an MBA is 7-8 lakhs per annum. However when it comes to Skills and Knowledge – Chartered Accountants have great knowledge in Financial Reporting, Account Management, Auditing, Taxation, Corporate Laws, etc.
Ans. After MBA, you can take up a job in the following sectors on the basis of your interest and MBA specialization you pursued: Banking and Finance, Consulting, Marketing, Manufacturing and Technology, IT Manager, HR Manager, Business Development Manager, and Project Manager.
And. In short, an MBA course is as difficult as you make it, and is as rewarding as you invest in it. In the business world, there is rarely any hand-holding. You either develop into a competent business expert or are surpassed by the competition.
Ans. Yes, top business schools do offer free online MBA courses as well as a variety of other classes. Many of these courses are available through Coursera and edX.
Ans. Yes, there are no restrictions on the stream and topics taken in class 12 for an MBA. Students from the science, business, and arts can pursue them. People from all academic disciplines can pursue an MBA after completing their 12th-grade education.