Get Personalized, Regular Exam Alerts and College Recommendations.
MBA or Master of Business Administration is a degree that takes one’s understanding of the business world from the mere basics to a highly-skilled, professional and noteworthy level. The students are introduced to the concepts of entrepreneurship, leadership and administration. In the span of 2 years, the program endows the candidates with the necessary know-how on tackle, handle and excel in his career. Whether it is a distance, part-time or full-time course, an MBA is an invaluable addition to one’s career progress. MBA has a variety of specializations, each of which trains the students with an in-depth curriculum in the field of their choosing. The course traditionally deals with specializations like Human Resource Management, Finance, Marketing, etc. To break the traditional monotony, there are many innovative and lucrative specializations that have taken shelter under the banner of an MBA such as Supply Chain Management, Wine Marketing and Management, Football Industries, Music and Creative Industries, Aviation Management and many more.
MBA Fees in India
MBA Course Structure
MBA Specializations
MBA Admissions
List of Best MBA Colleges in India
Majority of the MBA courses, the world over demand an entrance test to be written from interested candidates. The candidates must prove that their inherent skills are groomed enough to take on the Master’s course. Some of the MBA entrance tests in India are:
Common Admission Test [CAT]: Conducted by the Indian Institute of Management(s) [IIMs), it is an important entrance test and is considered as the qualifying exam by most top management institutes and B-schools in India.
Xavier Aptitude Test [XAT]: Final year students and students with Bachelor's degrees can apply for this exam, conducted by the Xavier School of Management.
Graduate Management Aptitude Test [GMAT]: Conducted by the Graduate Management Admission Council [GMAC], the test is the qualifying examination for admission into colleges governed by GMAC.
Common Management Admission Test [CMAT]: Conducted by the All India Council for Technical Education [AICTE], this exam is widely accepted as a qualifying exam by a large number of government-sponsored management and business institutes in India.
Management Aptitude Test [MAT]: Conducted by the All India Management Association [AIMA], this exam is also considered as a hallmark for admission into government colleges and universities in courses such as MBA.
Symbiosis National Aptitude Test [SNAP]: Conducted by Symbiosis International University, this test admits candidates to MBA schools all over India.
National Management Aptitude Test [NMAT]: Conducted by the GMAC, the test provides admission for candidates into leading management schools in the country.
The various general topics that are covered in these entrance tests, that students must prepare for are mentioned below:
Language Comprehension
Mathematical Skills
Current Affairs and General Knowledge
Logical Reasoning
Data Analysis and Sufficiency
Intelligence and Critical Reasoning
Indian and Global Environment
Quantitative Data Interpretation & Data Sufficiency Geometry
Analytical & Logical Reasoning
MBA Fees in India
The average fee scale for an MBA in India can range anywhere between 3 to 12 lakhs per annum, depending upon the college and course curriculum chosen.
Since MBA has a vast number of core specializations for students who are interested, the subjects and syllabus vary from course-to-course and from college-to-college. Few core/ main subjects of study under a general MBA degree are:
Management Theory and Practice
Strategic Management
Accounting and Financial Management
Marketing Management
The top four core divisions are taken along with the below semi-restricted electives:
Business Economics
Corporate Finance
Human Resource Management
Research Methods
Leadership and Entrepreneurship
Managing for Sustainability and others
An MBA course is known for its versatility and depending on the core subjects and the course specialization, candidates may take up various subject electives that suit their professional needs. Some of the elective subjects for a common MBA degree are:
Financial Accounting
Auditing
Management Accounting for Costs and Controls
Communication in Business
Investment Analysis
International Human Resource Management
Advanced Studies in Industrial Relations
Project Management
Risk Management
Managing for Sustainability
Customer Behaviour
Global Marketing and many more.
The entire course is systematically and methodically divided to enable students to grasp the necessary knowledge in a progressive approach. Each semester enables the students to be tested on their learnings and progress towards the next step with renewed faith and vigour. Candidates are given the choice to choose electives based on the future course of a profession or further studies they wish to pursue.
An MBA is a course that along with the set educational curriculum, imparts to students various other skill sets, most important among them are:
Effective Communication
Interpersonal Skills
Team Management and Cooperation
Leadership
Writing
Problem Solving
Logical Reasoning
Good Consulting Skills
Persuasion and Negotiation
Effective Conversational and Etiquette Mannerisms
In India, apart from the general MBA students go in for specializations that give them an added bonus to their careers. Some of the common specializations in offered in India are:
Decision Sciences
Economics and Social Sciences
Entrepreneurship
Finance and Accounting
Information Systems
Marketing
Organisational Behaviour and Human Resources Management
Production and Operations Management
Public Policy
Strategy
Hospitality and Tourism Management
Logistics and Supply Chain Management
Food and Agricultural Business Management
General Management
Law
Pharmaceutical Management
Social Entrepreneurship
Entrepreneurship and Family Business
Airline and Airport Management
Real Estate Construction and Management
Hospital and Healthcare Management
Telecom
Digital and Social Media Marketing
Event Management
Corporate Communication and Public Relations
Aspirants should have completed bachelor’s degree with 50% aggregate marks
They should have written CAT/ MAT/ XAT/ CMAT/ ATMA/ GMAT examination
The part-time MBA programs in India require the candidates to have 2-3 years of work experience
India is home to thousands of MBA colleges. Some of the top MBA colleges in India are mentioned below:
1) Indian Institute of Management (IIM), Ahmedabad
2) Indian Institute of Management (IIM), Bangalore
3) XLRI, Jamshedpur
4) S.P. Jain Institute of Management, Maharashtra
5) Indian Management Institute (IMI), New Delhi
6) Symbiosis Institute of Business Management (SIBM), Pune
7) Indian Institute of Management (IIM), Kolkata
8) Xavier Institute of Management, Bhubaneswar
9) TATA Institute of Social Sciences, Mumbai
Get in Touch with us to Take the Next Step Now!
