MBA Course: MBA is a popular postgraduate degree in India and abroad. It helps aspiring management professionals develop leadership, strategic, and problem-solving skills needed to succeed in business. This PG course lasts for 2 years.
Eligibility:
MBA students generally require a 50% marks in their graduation. However, top universities like IIMs and IITs may demand 60%. There’s often a 5% relaxation for students from reserved categories. Final-year students who submit graduation documentation by the deadline are eligible.
Fees:
MBA program fees vary in each university. The programme fees start from INR 30,000 to 55,000 per year in reputed private, central, and state universities.
Entrance:
Admission to MBA Course, whether regular or online, is largely based on merit and performance in entrance examinations. CAT, MAT, XAT, SNAP, ATMA, CMAT, NMAT, and GMAT are national or state entrance tests.
Subjects:
An MBA takes two years to complete and covers a wide range of topics required to understand management. First-year students study Organizational Behavior, Marketing, and Management Principles. The next year includes advanced topics like Entrepreneurship, Business Law, and personalized electives.
Last Admission Date:
Admission deadlines for the MBA Course are around 10 January 2024. However, what students can do is simply, check out this article to get the latest updates.
MBA Course Headline
Full Form | Master of Business Administration |
Level | Post Graduate Degree |
Types of MBA Courses | Regular MBA, Distance MBA, Online MBA, Integrated MBA |
Duration | 2 Years |
Exam Type | Semester |
Minimum Eligibility Required | Bachelor’s Degree |
Fee Structure | Rs 30,000 to 55,000 Per Annum* |
Average Salary | INR 3 to 10 Lakhs Per Annum* |
MBA Selection Process | Entrance Exam/ Merit-Based (Private Colleges or Universities) |
Popular Entrance Exams | CAT, MAT, XAT, SNAP, ATMA, CMAT, NMAT, GMAT |
Top MBA Specialization in India | Marketing, Finance, Human Resources, IT, Operations, Digital Marketing, Business Analytics |
Top MBA Recruiters | Amazon, Flipkart, Google, Nike, Deloitte, Apple, Microsoft, Tesla, LinkedIn, and Top Banks. |
MBA Distance Program 2024-25 – Unlock Your Business Leadership Journey!
Distance learning offers exciting corporate leadership transformation potential. Find the latest updates, unique points, and important information:
- IMTS Institute‘s MBA Distance Learning Program for the 2024-25 session! Act fast as applications are open until January 10, 2024. This program offers the flexibility to balance work and education, allowing you to connect with a diverse community of students and industry experts through online platforms.
- Subharti University‘s MBA Distance Education Program! The deadline for admission is January 12, 2024. This program caters to the needs of your busy schedule, providing flexibility to balance education with work or other commitments.
- Sri Krishna University‘s MBA program. The deadline for submitting your application is January 8, 2024. This program offers a unique blend of academic rigor and practical insights to shape your business journey.
- NIILM University‘s MBA program! The online application deadline is January 18, 2024. Benefit from experienced faculty members who bring real-world insights into the virtual classroom, enhancing your learning experience.
- Unlock the doors to business education and skill development with Mangalayatan University‘s MBA course! Act fast as the deadline is January 10, 2024.
- WC University is accepting applications for the MBA program until January 11, 2024. Seize this opportunity to invest in your future success.
Admission to this postgraduate program is offered on the successful evaluation of the performance of candidates at the undergraduate level and an entrance examination (if applicable). The minimum score at the undergraduate level needs to be 50%. The next few sections will cover more about the MBA course, so do not forget to read them.
Why Study an MBA Course from IMTS Institute?
IMTS Institute has a remarkable reputation in the education arena. The Institute, which came in the year 2005, has helped thousands of students reach a thriving destination. The establishment of IMTS has been made to counter difficulties students face while looking for program admission at any university in India.
The institute lays down a solid foundation for students to stand upon and see the opportunities in various universities in India. IMTS Institute represents a phenomenal score of 99 per cent in passing for the past 17 years, which shows consistency at another level.
What is the MBA Course?
The Master of Business Administration (MBA) is an advanced degree program emphasizing education in business and management curriculum throughout its two-year duration. The course is easy to find in three modes of learning: online learning, distance education, and regular (conventional).
An MBA degree program comprises numerous subjects in its four semesters, such as planning and organizing, motivation and leadership, communication and control, organization behavior, and so much more. The course helps enrolled students develop leadership, managerial, and planning expertise.
Why Choose an MBA Course?
MBA Full Form is Master of Business Administration, and it has been very popular among youth for more than a decade. What is the reason? Why do students like to study in MBA programs? What makes an MBA a unique degree? The answers to these questions will be revealed in the upcoming sections.
Candidates seeking management and leadership positions should enrol in the MBA program in management and business. A career-focused program provides students with a wealth of experience and prepares them for opportunities in the workplace.
Without a management team, no organization can function. This is where this degree comes into play. The curriculum of the MBA course is made up in a manner that students get sufficient theoretical knowledge and practical experience.
It is important for an applicant to have an advanced degree to stand out in a highly competitive job market. MBA degree holder can be a valuable asset. MBA candidates are usually hired or promoted by employers because of their marketing and finance skills.
The Master of Business Administration (MBA) advanced degree program offers students the ideal environment to develop the following skills:
- Leadership, negotiation, and Management.
- Communicational skills.
- Decision-making that is calculated and analytical.
- Data collection and networking.
Students have the opportunity to demonstrate their skills on a professional level after completing the MBA degree program at a university that has received UGC approval. The professional entry allows them to get decent salary packages of INR 3-10 LPA at the beginning of their careers. Following post-graduation, students may find employment as a manager, media planner, business owner, assistant manager, HR executive, etc.
When to pursue an MBA Course?
- Top MBA schools want applicants with at least 2-3 years of job expertise.
- Because of the large monetary incentives, the Master of Business Administration is in short supply. As a consequence, obtaining an MBA degree seems to have become cost-prohibitive.
- Learners should have a monetary plan in place. Most people cannot bear an MBA and leave during their studies.
MBA Course Admission
MBA Course admission for the session is open for new students at numerous universities, such as IPU, Manipal, LPU, and many more. Admission has started in an online format, and assumingly both Manipal and LPU will accept applications by the deadline.
Those students who have not yet made up their minds due to the question of not finding suitable universities for themselves can contact us. The IMTS Institute will listen to your query and suggest the best possible answers.
Aspiring students can contact us via Whatsapp, social media, telephone/mobile, and submit the query form available here on the website. Our counselling team will contact you as soon as possible.
To answer your MBA admissions-related questions, we will need some basic information from you so that we can provide you with the best possible answers. You can reach out to us by sending us a ping, and we will get back to you right away. There is no charge for this service from the IMTS Institute.
MBA Course Eligibility Criteria
MBA is a postgraduate-level degree program. Students who want to get admission to an MBA course through IMTS Institute-affiliated universities must fulfil the eligibility criteria.
- Students must have a BBA or equivalent degree with at least 50% marks from UGC-approved universities in India.
- The minimum percentage for the reserved categories is 45%.
- Students can download the IMTS Institute MBA Prospectus.
MBA Course Fees
The MBA PG Advanced degree program in the reputed private, central, and state universities associated with IMTS Institute held a different program fee. The fee for an MBA degree program is INR 30,000 to 55,000 Per Year.
Entrance Examination: Normally, admission to regular, online, and even distance universities for MBA programs is based on merit and dependent on the university, state, or national-level entrance examinations. Popular entrance exams for MBA Courses include CAT, MAT, XAT, SNAP, ATMA, CMAT, NMAT, and GMAT.
MBA Course Duration
How long is an MBA course? MBA is also known as Master of Business Administration, and the duration of the MBA course is a 2-Years. Students who want to take admission to this course must have a bachelor’s degree with at least 45% marks from a recognized university. Students can pursue different types of MBA programs, such as part-time MBA, Integrated MBA, Online programs, and more.
MBA Course Admission Process
The MBA course admissions process adheres to the principles of bachelor’s performance or entrance exam/qualifying exam scores. The sections that follow will help us understand how to apply for admission to the various MBA degree programs.
Qualifying Exam-Based Merit Admission
Admission with the help of qualifying exam merit is the simplest way to get admission to the MBA program. The responsible universities for this way of granting admission shortlist candidates as per their scores in the bachelor’s degree program.
Candidates who have been shortlisted or pre-selected must finish the admissions process by verifying their documentation and paying the necessary fees before the deadline. Universities like NMIMS, DY Patil, etc., offered admission directly without the entrance test.
MBA Course Fees in India
The fee of the MBA program varies from university to university, but the factors that go into building up the fee of the program are registration, admission, and tuition. The private, state, central, and deemed-to-be universities typically charge around INR 30,000 to 55,000 per year fees.
The universities do not ask for the course fee all at once; in fact, students are permitted to pay the fee semester-wise or annually. The list below includes some universities that can be highlighted to provide an idea of the MBA fee structure.
- Guru Gobind Singh Indraprastha University (IPU) held a fee for the MBA program of INR 76,000.
- Delhi University’s Faculty of Management Studies asks for the amount of INR 1.92 Lakhs for the MBA.
- Indira Gandhi National Open University (IGNOU) Course fee for the MBA program is Rs 62,000 Indian rupees.
- IMTS MBA Course fees are INR 24,000 to 40,000 per year* (Depending on the University, as per student eligibility criteria and requirements)
MBA Course Entrance Exam
Mostly, the universities in India follow the pattern of entrance tests before offering any seat for the MBA program to aspirants. The procedure for admission via this route entails adding the results of the qualifying degree examinations and the entrance examinations to produce a merit list.
The merit list is typically posted on the university’s official website, but some also announce it on notice boards around campus so that students can find their names there. The admissions process, which includes document verification, a personal interview, and a fee deposit to confirm admission, must be completed by all applicants whose names appear on the list.
The following sections provide examples of some entrance exams that are administered at the university, state, and central levels for admission to MBA programs.
- Common Admission Test (CAT)
- Graduate Management Admission Test (GMAT)
- Common Management Admission Test (CMAT)
- Xavier Aptitude Test (XAT)
From the article’s next section, let’s learn more about each in depth.
Common Admission Test (CAT)
The “CAT” entrance exam is well-known among students. The Indian Institute of Management administers it in computer-based test (CBT) mode, enabling students to fulfill their dream of enrolling in an MBA program at a top-tier management university. The cost of the CAT exam application form is 2300 Indian rupees, which applicants must pay online.
Graduate Management Admission Test (GMAT):
GMAT is one of the Major entrance tests for MBA course admission accepted by various Private and Govt universities. It is a Computer-based test that is conducted to check applicants’ quantitative, verbal, analytical writing and reading skills in standard written English skills. Candidates can fill out the applications according to dates.
Common Management Admission Test (CMAT):
The online test “CMAT” is a national-level entrance examination conducted by the National Testing Agency. The three-year online program comes up with the phenomenon of proposing the admission opportunity at AICTE-approved colleges in India. The male and female candidates’ application form & examination form fees are INR 2,000 and INR 1,000 respectively.
Xavier Aptitude Test (XAT):
The management entrance examination “XAT” is conducted or administered by the XLRI, Jamshedpur, for admission to over 160 colleges across the nation. The exam, too, is held in computer-based test (CBT) mode and consists of 105 questions. Candidates will have to pay INR 2000 to sit in on the XAT examination.
MBA Admission Without Entrance Exam
Admission to an MBA degree program without an entrance examination is a desire for almost all students. You will find really rare students who want to appear for the entrance examination to be shortlisted for admission to the MBA degree program at Indian-approved universities.
If you are one of those candidates searching for suitable universities for an MBA degree program that does not conduct an entrance examination, then we suggest you check the following list of universities/institutions.
- Regenesys Institute of Management of Mumbai
- Soil Institute of Management
- Chetna’s Ramprasad Khandelwal Institute of Management and Research
- Alliance School of Business
Types of MBA Courses
When it comes to the mode of education for the MBA program, students can select one of the following: online MBA, Distance MBA, Part-time MBA, One-year MBA, Executive MBA, or Regular MBA. However, admission to any of the above modes of MBA education is only possible after selecting the course type or specialization.
MBA has various types of courses, and the field is still expanding to its most extraordinary limits. The MBA degree program, in any mode of education, can be studied in operations management, entrepreneurship, international business, human resource management, finance, logistics and supply chain management, and more.
Admission to any of the above MBA Courses, whether distance, online, or regular, is only possible after completing a bachelor’s degree with a minimum of a 50 percent score. MBA specializations range in fees from 32,000 Indian rupees to 4.26 lacs per year.
Regular MBA Course
In the Full-time/Regular MBA program, classes are regularly held in a physical setting. A fixed schedule of classes is provided for the students’ benefit. Both theory and practical classes are included in the curriculum. Industrial visits are offered as part of MBA programs in top companies. Placements in top MNCs offer better career opportunities to Regular MBA course students.
- An MBA program consists of a structured, comprehensive curriculum offered over 2 years.
- A full-time degree in management provides students with the opportunity to learn management skills.
- This course is most popular with students, and the fee ranges from INR 1 LPA to INR 30 LPA.
- Full-time/Regular MBA programs are available in HR, Marketing, Finance, and more than 50+ specializations. The program is also offered through an entrance exam.
Distance MBA Course
For those who cannot take a full-time MBA programme due to many circumstances, such as lack of funds or busy work schedules, a Distance MBA is an excellent study option. It is an affordable and flexible option for MBA candidates who do not need to attend classes regularly. A hybrid method is used for distance MBA classes. Some institutes or centers may require students to visit on weekends. The UGC/AICTE recognizes distance MBA programs.
- Graduates of any recognized college or university are eligible to apply for the Distance MBA programme.
- Distance MBA programs do not have any age restrictions.
- Distance MBA courses are flexible in terms of duration. Depending on the student’s capabilities and convenience, the program can be completed in 2 to 5 years.
- Distance MBA programs are more affordable and accessible than regular MBAs because of their lower fees. INR 30,000 to INR 1.5 lakh Per Year is the average distance MBA fee.
Top Distance MBA Courses in India
Online MBA Course
The Online MBA is a two-year PG degree in business administration that covers all aspects of a regular MBA. Working professionals who don’t want to interfere with their jobs or studies should strongly pursue this program. As a result, it can be used as an additional course or qualification to enhance skills or knowledge. Only graduates or professionals can enroll in an online Master of Business Administration (MBA). The fees for an online MBA course are lower than those for a regular MBA course, which range from INR 40,000 to INR 2 LPA Per Year.
Online MBA Courses in India
- Online MBA in Marketing
- Online MBA in Finance
- Online Master of Business in International Business
- Online MBA in HRM
- Online MBA in General
- Online MBA in Digital Marketing
MBA Course Specializations
The Master of Business Administration (MBA) professional course offers students a number of specializations that give them tailored educational experiences. There are some persuasive options, including MBA in IT, MBA in Tourism, MBA in HRM, and so on. The advanced MBA degree programs mentioned above are described in more detail in the following section.
MBA Specializations List in India
- MBA in Marketing
- MBA in Finance
- MBA in Banking
- MBA in Human Resources
- MBA in Information technology
- MBA in International Business
- MBA in Digital Marketing
- MBA in Hospitality Management
- MBA in Media Management
- MBA in Construction Management
- MBA in Fashion Designing
- MBA in Material Management
- MBA in Operations Management
- MBA in Project Management
- MBA in Quality Management
- MBA in Textile Management
- MBA in Total Quality Management
- MBA in Rural And Marketing Management
- MBA in Shipping And Port Management
MBA in Marketing
MBA in marketing is a 2-year postgraduate degree program. It’s a specialization of MBA that discusses marketing strategies, promotion, and branding. Currently, MBA marketing is one of the most popular specializations among MBA students. Since almost every business and organization needs marketing to compete against big competition, the scope of an MBA in marketing has become very wide.
An MBA in marketing can earn anywhere from INR 3 lakh to INR 20 lakh, depending on seniority, company, and sector. There are many leading recruiters, including Tata Consultancy Services, Vodafone, Amazon, Citibank, HDFC Bank, and Kotak Mahindra Bank.
MBA in Digital Marketing
MBA in Digital Marketing is a 2-year PG Course focused on promoting and advertising products, services or brands through electronic or digital media. Students with an MBA Course in digital marketing gain technical knowledge of digital platforms. According to a report by Forbes, digital marketing jobs are among the top 10 trending jobs in India, earning an average salary of INR 5 LPA. MBA in Digital Marketing is one of the top MBA specializations in demand. The average annual fees range from INR 3,000 to INR 20,000.
Applicants must have a bachelor’s degree from a recognized university/college/institute in any discipline such as BBA, BA, B.Sc, B.Com, or BCA. There are many career opportunities available after completing a master’s degree in Digital Marketing Management, including SEO Executive, Digital Marketing Executive, Social Media Manager, Advertising Executive, Brand Reputation Officer, and much more.
MBA in Finance
Master of Business Administration or MBA in Finance is available to professionals or students who want or make a career in the financial department. The course consists of topics like finance, accounting, credit risk management, international finance, stock portfolio, &, more. According to a recent survey, One of the top MBA specializations includes finance, as it leads to the best salary packages and designations. Being that much reputed also allow getting opportunities in MNCs like Ernst & Young, Capgemini, Deloitte, Boston Consulting Group & more. The average annual fee of an MBA Finance Course is Rs 60,000 to Rs 5 Lakhs.
MBA in International Business
Master of Business Administration is now available in a specialization known as International Business or IB. Many top institutes provide the MBA IB course in different modes like distance, online, and full-time. International Business is all about the development of international market companies in Indian domestic markets. Also, the course includes different topics like foreign trade policies, foreign trade market, forex risk & much more.
Any graduates after completing this 2-year-long course can apply to various MNCs across the nation. Companies like Accenture, Walmart, and Siemens & more recruit professionals after an MBA in International Business on an average package of INR 12 LPA to 21 LPA.
MBA in Entrepreneurship
Master of Business Administration or MBA in Entrepreneurship gives the learner a righteous understanding of production & operations management, business policy, business communication, financing, managing and marketing new ventures, and more. There are various job roles that students can opt for after completing the course such as Product Manager, Innovation Consultant, etc.
The average salary after completing the MBA Entrepreneurship course would be nearly INR 50,000 to 70,000. This course has various benefits. The main benefit MBA in Entrepreneurship is that it will provide students with brief knowledge about business with good conceptual clarity before starting a business.
MBA in Tourism
The advanced management degree program of the MBA in Tourism is intended specifically for students who want to learn ethics, advertising, finance, and management with an emphasis on travel and tourism as well as hospitality.
The two-year (four-semester) program can be easily found at Chandigarh University, Lovely Professional University, Jamia Millia Islamia, and numerous other universities/colleges or institutions in the country. The Master of Business Administration program in Tourism generally costs around INR 32,000 to INR 56,000 per semester at government and private-run universities.
MBA in HRM
The master’s degree program of MBA in Human Resource Management, commonly known as MBA HR, has a duration of 2 years. It is particularly crafted to offer theory and practice-oriented learning experiences in contemporary employment relations, research methodology, legal issues management, strategy for human resource management, and other related subjects.
Every year, loads of universities, such as Narsee Monjee Institute of Management Studies, Sharda University, Manipal, and others, open their gates for admission to this wonderfully designed MBA course. Usually, the fee for the MBA in HR program is seen in the range of INR 34,000-51,000 per semester at the responsible universities.
MBA in IT
The two-year postgraduate specialized program of MBA in IT is available for aspiring students in some of the top universities, and institutions of the country, including Noida International University, Indian Institute of Technology (IIT) Delhi, IMT Ghaziabad, and so on.
The MBA IT course, which is developed to offer subjective and objective knowledge in information system management, software quality assurance, data mining, information resource management, etc., has an average fee of INR 35,000 to INR 55,000 per semester.
BA Course | MA Course |
BBA Course | MCom Course |
BCOM Course | MSW Course |
BSC Course | BBM Course |
BTech Course | BEd Course |
BBA Course | MCA Course |
BCA Course | MSC Course |
BSW Course | MSC IT Course |
MBA Course Syllabus
The duration of the Master of Business Administration is two years. If we talk about the MBA syllabus in India, then the MBA syllabus varies from university to university. Below, we have provided students’ complete MBA syllabus (tentative) for . For accurate information, visit the official website of the university/college.
MBA Subjects for Semester 1
Principles of Marketing Management |
Business Communication and Soft Skills |
Microeconomics |
Organizational Behavior 1 |
Corporate Social Responsibility |
Quantitative Methods and Statistics |
Tools and Framework of Decision Making |
Principles of Accounting |
MBA Subjects for Semester 2
Business Law |
Corporate Finance |
Macroeconomics |
Optimization and Project Research
|
Project Management |
Organizational Behavior 2 |
Operations Management |
Marketing Management |
MBA Subjects for Semester 3
Supply Chain Management |
Financial Modelling |
Strategic Management |
Marketing Research |
Managerial Economics |
Business Intelligence |
Corporate Governance and Business Ethics
|
Corporate Finance 2 |
MBA Subjects for Semester 4
International Business Environment
|
Strategic Management |
Project Study |
Elective Course |
Top 10 MBA Colleges in India Based on NIRF Ranking
In the given section, we have mentioned the top 10 MBA Colleges in India based on the NIRF Ranking for . Students who are looking for the best MBA Colleges in India can check out this from the section and get admission as per their interest in college.
Name | NIRF Rank |
Indian Institute of Management (IIM) Ahmedabad | 1 |
Indian Institute of Management (IIM) Bangalore | 2 |
Indian Institute of Management (IIM) Calcutta | 3 |
Indian Institute of Technology (IIT) Delhi | 4 |
Indian Institute of Management (IIM) Kozhikode | 5 |
Indian Institute of Management (IIM) Lucknow | 6 |
Indian Institute of Management (IIM) Indore | 7 |
XLRI – Xavier School of Management | 8 |
National Institute of Industrial Engineering, Mumbai | 9 |
Indian Institute of Technology (IIT) Madras | 10 |
Top 10 Government MBA Colleges in India
S.N | Name of Institution for MBA Course (Government Colleges) |
1 | Faculty of Management Studies, University of Delhi | (FMS-Delhi) |
2 | Indian Institute of Foreign Trade New Delhi | (IIFT-New Delhi) |
3 | Indian Institute of Management Ahmedabad | (IIM-Ahmedabad) |
4 | Indian Institute of Management Bengaluru | (IIM-Bengaluru) |
5 | Indian Institute of Management Kolkata | (IIM-Kolkata) |
6 | Indian Institute of Management Kozhikode | (IIM-Kozhikode) |
7 | Indian Institute of Management Lucknow | (IIM-Lucknow) |
8 | Indian Institute of Technology Delhi | (IIT-Mumbai) |
9 | National Institute of Industrial Engineering Mumbai | (NITIE-Mumbai) |
10 | Shailesh J Mehta School of Management Mumbai | (IIT-Mumbai) |
Top 10 Private MBA Colleges in India
S. No. | Name of Private Institution for MBA Course |
1 | Amity University, Noida |
2 | Chandigarh University, Punjab |
3 | Lovely Professional University, Punjab | (LPU-Punjab) |
4 | Management Development Institute, Gurgaon | (MDI-Gurgaon) |
5 | Mudra Institute of Communications, Ahmedabad | (MICA-Ahmedabad) |
6 | NMIMS School of Business Management, Mumbai | (NMIMS-Mumbai) |
7 | S P Jain Institute of Management & Research, Mumbai | (SPJIMR-Mumbai) |
8 | Symbiosis Institute of Business Management, Pune | (SIBM-Pune) |
9 | Xavier Institute of Management, Bhubaneswar | (XIMB-Bhubaneswar) |
10 | Xavier Labour Relations Institute, Jamshedpur | (XLRI-Jamshedpur) |
Top 10 MBA Colleges in Delhi
S. No. | College Name |
1 | IIT Delhi |
2 |
Faculty of Management Studies, University of Delhi
|
3 |
International Management Institute
|
4 |
Guru Gobind Singh Indraprastha University
|
5 |
New Delhi Institute of Management
|
6 | Amity University |
7 |
Dr B. R. Ambedkar University Delhi
|
8 |
Institute of Information Technology Management
|
9 | Jamia Millia Islamia University |
10 | Delhi School of Management |
Top 10 MBA Colleges in UP
S. No. | College Name |
1 | IIM Lucknow |
2 |
Jaipuria Institute of Management
|
3 |
Galgotias University
|
4 |
Birla Institute Of Management Technology
|
5 |
DDU Gorakhpur
|
6 |
Banaras Hindu University
|
7 |
Institute of Management Technology
|
8 |
Aligarh Muslim University
|
9 |
Shiv Nadar University
|
10 |
Amity Business School, Amity University
|
What is the Scope MBA Course?
The master’s degree in MBA helps open the gates of opportunity in both the educational and professional areas. Students who complete their MBA degree program in any of its specializations can enter the research world, which offers a chance to have a deeper view of the subjects and gain excellence to be called experts later on
MBA Graduates have several choices in terms of employment opportunities and higher study options. Students after completing this course can opt for CMA, CFA, PhD in Management, and Executive MBA or they can start working as management professionals with annual earnings. Options after the Master of Business Administration course are discussed below:
MBA Course Educational Scope
CMA: Certified Management Accounting (CMA) is a professional certificate-level course that focuses on strategic management, decision-making, corporate finance, professional ethics, and financial planning. The duration of this course is 3 years and students who have a Bachelor’s degree from a recognized university with two years of work experience can opt for CMA courses.
PhD in Management: the duration of this course is 3 years, and the curriculum provides knowledge about organizational behaviour and human resource management. Students who have obtained 50%-60% marks in a postgraduate degree in the field of management can pursue a PhD in management.
The superiority attributed to the Doctoral level education in the management domain helps students gain top-notch knowledge and abilities that not only work quite wonderfully in the management employment industry but also remain fruitful in the teaching profession. Students who go for a PhD degree in management after an MBA typically get higher pay compared to MBA degree holders.
MBA Course Employment Scope
Students who have successfully completed an MBA course can secure job profiles in diverse fields such as Online Services, consulting, IT, and Healthcare. Students have to be careful while opting for specialization in their respective curricula as it determines the type of field that students get to work in. Some of the job profiles consist of Project Manager, Finance Manager, Data Analytics Manager, Marketing Manager, Bank Manager, HR Manager, Airport Manager, and Hotel Manager.
What are the demanding Jobs for the MBA Course?
Candidates who complete full-time MBA-specialized degree programs from an accredited university can easily apply and find management-level jobs based on their respective specializations. The jobs after an MBA are offered at two levels— management and executive— based on the subjective assessment of the candidates.
Some of the top job options after MBA-specialized degree programs are finance manager, business operations manager, digital marketing manager, project manager, human resource manager, and so on. The following points will detail the mentioned roles quite thoroughly.
Finance Manager: If you have done an MBA in finance or a related specialization, you are allowed to cook yourself for one of the finest job roles; finance manager. In the role of finance manager, you need to work on data analysis and provide profitable ideas to senior managers. The pay scale for the finance manager roles is generally seen from the range of INR 6.25 LPA to 9.26 LPA
Digital Marketing Manager: The MBA in digital marketing opens up a wide range of opportunities for candidates in related fields of the discipline. As such, degree holders have the right to pursue positions such as social media manager, paid media expert, brand manager, client service manager, advertising manager, and more in addition to the option of working directly as a digital marketing manager.
The annual salaries, also referred to as the package, for the aforementioned roles fluctuate between INR 7.45 LPA and INR 9.20 LPA at various Indian and international organizations.
Human Resource Manager/Executive: The MBA-general or specialized degree in human resource management guides students to the roles and responsibilities of either an executive or manager in the organization. The work for executives and managers differs in the organization, but the objective does not, as they both follow the strategy, coordinate, and administrative functions to help the organization run and achieve excellence.
The salary for executive roles in human resource management is seen between INR 2.42 LPA and 4.26 LPA. However, candidates for the manager roles at HRM earn around INR 7.92 LPA to INR 9.27 LPA
MBA Course Salary
What is the salary for starting an MBA in India? The salary of an MBA professional in any field generally remains higher than 3 LPA and goes up to the extent of 10 LPA for experienced candidates. MBA salary is completely dependent on the number of skills, knowledge, and experience that graduates acquire. Some well-known brands, including Kearney, Google, Microsoft, Bain and Company, and so on offer more than 10 lakhs per year in management roles.
FAQs of MBA Course
Question 1: What is an MBA Course?
Ans: As the name suggests, the Master of Business Administration MBA course is a PG-level degree in business and management that focuses on leadership skills and management abilities.
Question 2: Is an MBA possible after the 12th?
Answer: Yes, an MBA is possible after 12th with integration; students can pursue an Integrated MBA course after 10+2.
Question 3: Which is the No. 1 MBA University in India?
Answer: As per NIRF Management ranking , IIM Ahmedabad is the best Institution for MBA courses in India.
Question 4: What are the requirements for getting admission to an MBA course?
Answer: To get admission to an MBA program, usually students must have a bachelor’s degree from an accredited university and also some universities require GMAT or GRE entrance exam scores.
Question 5: How much does an MBA course cost?
Answer: The cost of an MBA course varies from program to program. The average cost of a full-time MBA program is around INR 30,000 to INR 55,000 yearly. Part-time MBA programs are typically less expensive.
Q: How many types of MBA courses are available in India?
Ans A Master of Business Administration (MBA) is a PG degree-level course. Students who are curious to enrol in this course have options to apply for Full-time MBA (Regular MBA), Online MBA, Distance MBA, and Executive MBA.
Q Who is eligible for the MBA Course after the 12th?
Ans Students who are interested to enrol for the Master of Business Administration (MBA) Course. They must have completed 12th grade with good marks from a known board. For top universities, students are required to clear the entrance exam.