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Medical Science

Medical Science: Full Form, Courses, Admission 2024, Fees, Syllabus, Entrance Exam, Top Colleges, Scope

The MBA full form is Master of Business Administration and is a 2-year PG-level degree that focuses on various aspects of business administration and management. MBA courses are designed to equip students with a broad set of skills and knowledge necessary to excel in leadership positions within various organizations, including corporations, non-profits, and government agencies. MBA courses are designed to equip individuals with advanced skills and knowledge in various aspects of Business and Management. MBA courses provide an opportunity for individuals to enhance their leadership abilities, strategic thinking, and problem-solving skills.

Candidates are required to have more than 50 per cent in their undergraduate degree from any stream to pursue MBA courses. MBA admission is based on MBA entrance exams followed by a personality assessment test round (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). The most popular entrance exams for MBA courses are CAT, CMAT, XAT, MAH MBA CET, etc. Some of the top colleges for MBA courses in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, ISB, etc. The MBA fees generally ranges between INR 10 Lakh and INR 25 Lakh, depending on college to college.

Once graduated with MBA courses, candidates can opt for job profiles such as Finance Manager, Marketing Manager, Sales Manager, etc. For most managerial-level jobs across domains and sectors, MBA courses are a necessity which is why, nowadays a large number of BTech, BBA, BCom, BA, BSc, and BCA graduates opt for an MBA in post-graduation. The graduates of MBA courses can earn a salary ranging between INR 5 LPA and INR 25 LPA.

Particulars

MBA Courses Details

MBA Full Form

Master of Business Administration

MBA Courses Level

Post Graduation

Types of MBA Courses

Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA and Integrated MBA

MBA Courses Fees

INR 2 Lakh - INR 27 Lakh and above

MBA Courses Eligibility Criteria

Undergraduate Degree Programme

Admission Process for MBA Courses

Entrance Exam + Group Discussion + Personal Interview

Top Entrance Exams for MBA Courses

CAT, CMAT, XAT, MAH MBA CET, etc.

Top Colleges for MBA Courses

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc.

Top Specialisations in MBA Courses

Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing and Business Analytics

MBA Job Profiles

Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.

MBA Average Salary

Entrance Exam + Group Discussion + Personal Interview

Admission Process for MBA Courses

Entrance Exam + Group Discussion + Personal Interview

What are MBA courses?

During MBA courses, students delve into foundational subjects such as Finance, Marketing, Operations, Human Resources, and Entrepreneurship. These MBA subjects are taught through a mix of classroom lectures, case studies, group projects, and experiential learning. The MBA subjects typically cover a wide range of topics, including business ethics, organizational behaviour, economics, data analysis, and decision-making.

In MBA courses, candidates also have the opportunity to specialize in a particular field, such as finance, marketing, or international business, based on their interests and career goals.
Many MBA courses offer internships, exchange programs, and networking opportunities to enhance students' practical learning experiences and industry exposure.
MBA courses are intensive and rigorous programs that prepare individuals for senior management and leadership roles in the business world.

Why Study MBA Courses?

  • Promising Career: The simplest approach to advance your career is to earn a Master of Business Administration. Students concentrate on the employment possibilities that follow earning an MBA degree. It is becoming increasingly important to have managerial abilities and expertise as the globe becomes more and more competitive.
  • Develops Management Skills: Numerous Specialisations in MBA courses enable students to concentrate on any specific area of business management. Each speciality aids students in developing a career in that particular industry.  
  • High Salary: After taking MBA courses, practically all students are given a raise. Students have the opportunity to choose from their ideal companies through placement possibilities offered by colleges. Depending on the college, the typical MBA salary is between INR 7,00,000 and INR 9,00,000, although it can go up to INR 15,00,000 to INR 20,00,000 in some cases. 
  • Entrepreneurship Abilities: Students learn about operating a business. For college students with a family company, this is particularly beneficial. The business will operate more efficiently and generate better returns thanks to MBA degree.

What are different types of MBA courses?

MBA courses are available in various modes and formats. Traditionally, a Full-Time MBA of two years' duration has been the popular choice among management aspirants. However, over the last few years, Executive MBA degree and Online MBA degree have gained immense popularity among aspirants owning to flexibility.

Read below some key highlights of each type of MBA courses:

MBA Courses

Courses Details

Full-Time MBA Courses

  • Full-Time is the regular MBA degree of two years’ duration.
  • It is a residential programme which includes physical classes, live projects, semester-wise assessments, summer internships and final placements. 
  • There are about 5,000 Full-Time MBA colleges in India. 

Part-Time MBA Courses

  • Part-Time MBA degree is not a residential programme.
  • Best suited for working professionals who wish to learn key managerial skills. 
  • There are no campus placement or internship opportunities.
  • There are about 300 Part-Time MBA colleges in India.

Distance MBA Course

  • The candidates pursue the programme via remote communication and correspondence. 
  • Designed for people having limited time and resources as it is cheap and flexible.
  • There is flexibility in completing the course in two to five years.
  • There are over 490 Distance MBA colleges in India. 

Online MBA Courses

  • This is currently the most popular mode of MBA course owing to convenience and flexibility.
  • Lectures are imparted through video conferencing and the notes, tests, and assessments are shared in the Learning Management System (LMS). 
  • There are no physical classes in Online MBA, thus one can pursue a course in one city while living in another.
  • There are about 170 Online MBA colleges in India which are mostly private institutions. 

Executive MBA Courses

  • These MBA courses are exclusively designed for working professionals with more than five years of work experience.
  • The curriculum is similar to Full-Time MBA but it is of a shorter duration (15 to 19 months).
  •  Executive MBA programmes are expensive.
  • There are about 440 Executive MBA Colleges in India.

5-year-Integrated MBA Courses

  • This is a five-year dual degree course which includes UG and PG degrees.
  • An Integrated MBA degree can be pursued after class 12. 

MBA Courses: Eligibility Criteria

The MBA degree eligibility criteria vary from one institution to another, but there are some common requirements that prospective students must meet. Meeting the eligibility criteria for MBA courses is the first step towards pursuing an MBA course and ensures that candidates have the necessary foundation to excel in their studies.

Full-time MBA curses eligibility criteria are as follows:

MBA Courses Type

MBA Courses Eligibility Criteria

Full-Time MBA Courses

  • Graduation with 50 per cent average marks in any discipline or equivalent from a recognised university.
  • For reserved category students, the minimum score is 45 per cent in aggregate.
  • Final year graduation students and professionals with CA/CS/ICWAI and other degrees can also pursue full-time MBA

Distance MBA Course

  • Any graduate who has completed a bachelor’s degree programme from an accredited university with a minimum of 50 per cent marks can apply for the Distance MBA programme. 
  • There is no maximum age for distance MBA eligibility, but candidates must have passed certified MBA admission exams taken by the colleges prior to admission.

Online MBA Courses

  • The eligibility criteria for an Online MBA is graduation from a recognised university. The minimum aggregate score in graduation may vary for different colleges.
  • Some colleges also take into consideration scores of MBA entrance exams like CAT, MAT, XAT, etc.
  • Some colleges also have the mandatory eligibility criteria of two – three years of work experience for an Online MBA.

Executive MBA Courses

  • Bachelor’s degree with a minimum of 50 per cent aggregate or equivalent from a recognised university.

  • The candidate must have at least two years of work experience at the managerial or executive level. Work experience in part-time mode is not accepted by any MBA institute.

  • The number of working years viz. the work experience varies from two to five years for every institute. The candidate must check the eligibility criteria of the preferred B-schools before applying.

MBA course is a popular postgraduate program in India, and there are numerous MBA courses available across the country. MBA courses are offered by various universities, colleges, and business schools. 

MBA courses are nowadays essential for a rewarding management career. Companies across sectors expect their prospective employees to have prior training in Business Management and leadership. MBA courses are one of the most sought-after postgraduate degrees in India and abroad. MBA courses are the preferred choice for students from every stream. 

MBA courses include various specializations that offer the opportunity to focus on specific areas of business and management that align with candidates’ career goals and interests. Some of the highly popular MBA specialisations are FinanceMarketingHRMOperations, and IT.

Candidates can continue reading further to know more about the MBA courses.

MBA Courses: Highlights

Candidates must note that the eligibility criteria, entrance exams, and key features may vary depending on the institution and the specific MBA program. Prospective students should research individual programs to find the one that best matches their MBA career goals and interests.

Candidates can check the key highlights of the MBA courses in the table below.

Particulars

Details

Duration

2 years

Eligibility

Bachelor’s degree in any discipline (50% or equivalent)

Entrance Exams

CAT, MAT, XAT, NMAT, SNAP, CMAT, etc.

Specializations

  • Finance
  • Agriculture & Food Business
  • Infrastructure
  • Advertising
  • Marketing
  • Materials Management
  • International Business
  • NGO Management, etc.

Curriculum

Varied curriculum covering core business subjects, electives, internships, and projects

Teaching Method

Classroom-based, online, or a combination of both; case studies, group projects

Industry Interaction

Guest lectures, industrial visits, internships, and placements in reputed companies

Accreditation

Accredited by the All India Council for Technical Education (AICTE) and UGC

Types of MBA Courses

MBA courses are two-year courses divided into four to six semesters. The MBA curss include internships at the end of the first year and campus placements in the final year. In the first year of MBA courses, candidates are taught core subjects and in the second year, they are given an option to choose an MBA specialisation. 

Popular MBA Courses

There are various types of MBA courses. Some are taught in full-time mode, whereas some are taught in part-time mode. Some MBA programmes are degree courses whereas some of them are diploma courses. Here’s a brief description of the types of MBA courses:

CoursesDetails
MBA Degree Courses
  • MBA is a full-time two-year course divided into four to six semesters.
  • The MBA courses include internships at the end of the first year and campus placements in the final year.
  • There are about 5,000 full-time MBA colleges in India.
MBA Diploma Courses
  • MBA Diploma courses are popularly known as PGDM or PGP programmes.
  • These courses are available in full-time, part-time, distance as well and online modes.
  • The pedagogy, syllabus and recognition of MBA diploma courses are the same as degree courses.
  • The only difference is universities award an MBA degree whereas institutes can award only a diploma.
Distance MBA
  • These are the MBA degree programmes that are taught in distance education mode.
  • Students can pursue this course while working on a 9-5 job or while pursuing another full-time course.
  • The key benefit of a distance MBA course is that it is cheaper compared to a full-time MBA course.
  • There are over 490 Distance MBA colleges in India.
Part-Time MBA Courses
  • These courses are not residential programmes and are best suited for working professionals who wish to learn key managerial skills.
  • In part-time MBA programmes, there are no campus placement or internship opportunities.
  • Both private colleges and government universities offer part-time MBA courses.
  • There are about 300 Part-Time MBA colleges in India.
Online MBA
  • This type of MBA is a popular option among working professionals owing to its convenience and flexibility.
  • In Online MBA, classes are conducted online and tests, assessments, etc. are done in the Learning Management System (LMS).
  • There are no physical classes in this type of MBA so anyone can pursue a course in any university from any location.
  • There are about 170 Online MBA colleges in India.
Executive MBA
  • This programme is exclusively designed for working professionals with more than three to five years of work experience.
  • Executive MBA is usually 15-18 months and includes physical classes.
  • There are about 440 Executive MBA Colleges in India.
5-year-Integrated MBA
  • This is a five-year dual degree MBA course which includes both UG and PG degrees.
  • Minimum qualification required for Integrated MBA class 12 or HSc pass.
  • BBA+MBA and BTech+MBA programmes are two of the most popular Integrated MBA programmes in India.

MBA Specialisations

The MBA courses are available in various specialisations. It must be noted that the availability of MBA specializations may vary from one business school to another. It’s essential to research and select an MBA specialisation that offers the topics candidates are interested in and aligns with their career goals.

Given below is the list of all specialisations offered by MBA colleges in India:

List of MBA specialisations

Finance

Agriculture & Food Business

Infrastructure

Advertising

Marketing

Materials Management

International Business

NGO Management

Sales

Oil & Gas

Disaster Management

Pharma

Human Resources

Retail

Energy & Environment

Project Management

Operations

Rural Management

Import & Export

Sports Management

Product

Supply Chain

IT & Systems

Telecom

Business Analytics

Textile Management

Healthcare & Hospital

Transport & Logistics

Digital Marketing

Forestry

Business Economics

Public Policy

Entrepreneurship

Hospitality

 

MBA or Master of Business Administration is an elite qualification for business professionals. The MBA Syllabus puts a significant emphasis on teaching students managerial and entrepreneurial abilities. It also focuses on developing individual excellence, initiative, and leadership qualities among the students. These skills are required for a high-flying career in management and entrepreneurship. Pursuing an MBA course ensures an excellent professional start. The MBA syllabus is designed to provide extensive scope for professional improvement and competencies. It includes key aspects of business management such as organisational behaviour, human resource management, marketing management, financial management, communication skills, business laws, project work, business environment, etc. Read this article to know all about MBA syllabus and subjects.

There are several specialisations in MBA and the aspirants need to examine them before taking admission to this course. For example, if a student wants to enter the hospitality industry can do MBA in Hospital Management,  MBA in Hotel Management, and MBA in Healthcare Management. Similarly, students can take admission to MBA in Marketing, MBA in Finance, MBA in Accounting, etc. as per their area of interest.

MBA Syllabus – Important Facts

MBA is the most demanding course in the field of management. The rise in jobs and expansion of the professional workforce has further pushed the need for trained workers. Nowadays, freshers are also expected to possess certain basic skills before starting their careers. This programme helps them in attaining the required skills.

Working professionals can also pursue Executive MBA, which is the most popular course among them. People, who are already working in any company for at least four years and wish to get a higher position, can pursue this course. Below is the list of specialisations and important points related to them.

  • MBA in General Management:

MBA in General Management aims to train students and professionals in managing the general operations of the company. This is a two-year course provided by many universities. MBA in general management includes subjects like organisational behaviour, quantitative methods, managerial economics, etc.

  • MBA in Marketing:

MBA in Marketing has a duration of two years, which is usually completed in six semesters. This course has a scope in sales executives or managers in reputed fast-moving consumer goods companies. The candidates can also work in IT sector industries. These courses provide students with technical marketing skills and experience which is needed to get jobs.

  • MBA in Human Resource Management:

MBA in Human Resource Management is a two-year degree program. It focuses on the process of recruitment, management, and guiding the people who work in an organisation. An MBA in human resource management is a great way to expand your skills in the human resource field. This degree makes students more hirable as an employee.

  • Scope of MBA in India:

MBA courses develop skills in many students that are required to start a business and turn into entrepreneurs. Many popular cities offer lucrative jobs to MBA graduates, such as Hyderabad, Pune, Maharashtra, Chennai, Mumbai, Bangalore, etc. There are some start-ups adopted every year by MBA students. Some best start-ups in India are CRED, Vernacular, PharmEasy, Digit Insurance, Meesho, etc.

  • General Course Pattern of MBA:

The pattern of the MBA course includes assignments, presentations, mid-semester examinations and end-semester examination. At the end of the final semester, students are placed in top companies through campus placement organised by their institute.

Lists of Subjects in MBA

Given below are tables indicating the lists of core and elective subjects included in the MBA syllabus.

Core subjects in MBA

MBA Subjects

Details

Accounting

MBA in accounting provides a broad business curriculum with a series of focused classes in accounting. This subject focuses more on financial principles and does not include other business topics. The students will study managing change, pricing strategy, retailing, sales management through the MBA in accounting.

Some parts of the syllabus are:

  • Financial accounting
  • Cost accounting
  • Fundamentals in managerial accounting
  • Cost management
  • Tax planning
  • Auditing
  • Accounting in acquisitions and mergers
  • Problems in financial reporting
  • Business strategy

Economics

After graduating with an MBA in economics, students get employment opportunities for the following job titles such as business analyst, market research analyst, economic consultant, etc. MBA in economics is concerned with the production, distribution, and consumption of goods and services. It focuses on how individuals, businesses, governments, and nations allocate resources to different segments.

Some parts of the syllabus are:

  • Operations management
  • Business analytics
  • Managerial economics
  • Business statistics
  • Business environment
  • Corporate finance
  • International business

Finance

MBA in finance is the most preferred business management course. The students find this course challenging because it includes extra use of Maths and statistics. MBA in finance is a two-year full-time course with four semesters.

Some parts of the syllabus are:

  • Microeconomics
  • Corporate social responsibility
  • Principles of accounting
  • Tools for decision making
  • Business law
  • Corporate management
  • Macroeconomics
  • Operations management

Marketing

MBA in marketing course educates the students in marketing fields, about sales, consumer trends, market strategies, product management, market research, etc. It builds executive leadership management skills among students. It helps students find great internships through campus recruiting courses.

Some parts of the syllabus are:

  • Management concepts
  • Business environment
  • Statistical analysis and operations research
  • Advertising management
  • Cost and management accounting
  • Consumer behaviour
  • Retail management
  •  Industrial marketing

Operations management

A degree in MBA in operations management is concerned with planning, organising, supervising production, manufacturing, and providing services. The main focus of this course is to build analytical and organisational skills among students.

Some other parts of the syllabus:

  • Operational research
  • Business statistics
  • Materials management
  • Project management
  • Enterprise resource planning
  • Financial accounting and management
  • Supply chain management
  • International logistics

Organisational behaviour

The students will learn to understand behaviour both at an organisational level and at an individual level. At the individual level, the students understand the topics like motivation, decision-making, problem-solving, influence, conflicts, and cooperation.

Some parts of the syllabus are:

  • Basics of management
  • Human resource administration
  • Directorial behaviour
  • Administrative economics
  • Fundamentals of financial management
  • Basics of research methodologies

Elective subjects in MBA

MBA Subjects

Details

Auditing

You will understand the concept of acquiring specific knowledge of management systems through this subject in MBA. The auditing in MBA is related to the concept of accounting. The students who have done MBA in auditing will in the future become accountants and economists who specialise in evaluating financial statements of the business and also work on the accuracy of the information.

Business and corporation law

MBA in business law is a two-year postgraduate course for students. Through this course, the students understand the concepts of commercial laws associated with organisations, firms, and industries.

Communication in business

Through the MBA in communication, the students will learn the process of sharing information between people within and outside the organisation. They learn the concept of effective learning about the interaction between employees and management towards the achievement of organisational goals. Communication is an essential element in the success of any business.

Specialisations Offered in MBA

MBA stands for Master of Business Administration and is typically a two-year program. This degree provides students with expertise in various aspects of business administration. The MBA courses are different for different specifications. The students can choose from various fields such as human resource management, information technology, logistics management, marketing management, business management, rural management, operations management, etc.

MBA Specialisations

Subjects

Details

MBA in Human Resource Management

  • Managerial economics
  • Business environment
  • Human resource management
  • Research methodology
  • Corporate social responsibility
  • Business ethics
  • Marketing management
  • Economics of human resource

MBA in human resource management is a course designed for HR professionals in the workforce of the organisation. The HR department of any organisation is responsible for developing companies’ culture among employees and getting the best out of them.

MBA in Accounting

  • Financial management
  • Information technology
  • Legal aspects of business
  • Cost management
  • Bank reconciliation statements

MBA in accounting provides a broad-based business curriculum with a series of focused classes in accounting.

MBA in Logistics Management

  • International business management
  • Fundamental of logistics
  • Introduction to shipping
  • Customs procedure
  • Warehousing and inventory management
  • Liner trade

MBA in logistics provides solutions to overcome the complexities of the business. It teaches students about rectifying the inefficiencies involved in the logistics of the management.

MBA in Marketing Management

  • Business environment
  • Managerial economics
  • Financial management
  • Statistical analysis
  • Marketing decision models
  • Marketing for non-profit organisations

MBA in marketing is one of the oldest disciplines of management study. It is good in today’s market trend. It focuses on entertainment, media, promotions, advertisement, sales, and general management fields.

MBA in Finance

  • International financial management
  • Managerial economics
  • International financial management
  • Commercial banking
  • Corporate taxation
  • Indian accounting standards

MBA in finance is the most preferred business management course. This course provides knowledge about financial management, corporate financial planning, accounting, banking, and corporate acquisitions and mergers.

MBA in Health Care Management

  • Hospital environment and healthcare
  • Medical terminology
  • Human physiology
  • Economics of healthcare
  • Hospital planning and engineering
  • Entrepreneurship and consultancy in health care

The MBA in health care and management programs offers deep study and learning of the healthcare industry.

MBA Books and Authors

As MBA is a highly versatile field with many specialisations, the students follow a wide range of books during their graduation and postgraduation degrees. Some of the popular MBA books are mentioned below:

MBA Subject

Book title

Author

Description

Human Resource Management

Human Resource Management for MBA and Business Masters

Lain Henderson

Human resource management for MBA and business masters covers all the topics of MBA students in an accessible way.

Finance

Financial Management Theory & Practice

Eugene Brigham, Michael C. Ehrhardt

This book explains the essential concepts needed to develop and implement effective financial strategies.

Accounting

Financial & Managerial Accounting for MBAs

Cambridge Business Publication

This book provides information about the modules of financial and managerial accounting.

Health Care Management

Fundamentals of Medical Practice Management

Stephen Wagner

Fundamentals of medical practises explain the educational concepts in healthcare management.

Marketing Management

Principles of Marketing

Philip Kotler

This book explains the concepts of the seven Ps of marketing such as product, price, promotion, place, people, process, and physical evidence.

Logistics Management

Logistics and Supply Chain Management

Martin Christopher

This book sheds light upon the process of integration and maintenance of goods in an organisation.

International Business

International Marketing

Rakesh Mohan Joshi

It provides the understanding of basic concepts of international marketing and includes topics like international political and legal environment.

MBA Entrance Exams

MBA entrance exams are conducted at the national level, state level, and university level. It is essential to appear for MBA entrance exams because admission to the course is based on the entrance test score. The examinations are conducted in the format of multiple-choice questions for a fixed time duration. Given below are some of the popular MBA entrance exams in India:

  • CAT
  • CMAT
  • MAT
  • XAT
  • NMAT
  • SNAP
  • ATMA

The Master in Business Administration (MBA) is a 2-year professional post-graduate degree that offers great career opportunities across various industries. It is one degree that plays an important role in your growth and development and enables you to transform into a complete professional with all the required skill sets.

Why Choose MBA?

  • According to GMAC’s Global Survey, ‘MBA is the most popular choice for graduate-level study among Indian students.’
  • According to a report by Times of India, the employability of MBA graduates sits at 54%, which is the highest among different professional courses.
  • There are more than 14k job offers currently on monsterindia.com and more than 58k jobs on naukri.com.
  • The average annual salary of an MBA in India ranges between INR 7 LPA to INR 12 LPA for different specialisations.
  • Some of the desirable job positions such as Business Operations Management, Marketing manager, Operations Research Analyst, and Management Analyst are considered ‘hot jobs’ according to the US and World News Report.

Top MBA Careers

According to AIMS, banking, finance, consulting, marketing, manufacturing and technology are some of the fields that are craving for MBA graduates. When it comes to actual job titles, here is a list of some of the most in-demand jobs:

Job ProfilesDescriptionAverage Salary (in INR)
Business AnalystA Business Analyst is a professional who works within an organization to analyze, understand, and document the business processes and systems. 9.5 LPA
Investment BankerAn Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities. 5 LPA
Chief Financial OfficerThe CFO is a high-level executive responsible for managing an organization’s financial actions, strategies, and operations. 47.1 LPA
Product ManagerA Product Manager is a professional responsible for overseeing the development, strategy, and success of a product throughout its lifecycle. 24.7 LPA
Management ConsultingManagement consulting involves providing advisory services to organizations to improve their performance, solve problems, and achieve their goals. 7 LPA
Asset ManagerAn Asset Manager is a financial professional or entity responsible for managing investments and assets on behalf of clients, which can include individuals, institutions, or corporations. 6.3 LPA
HR ManagerAn HR Manager, or Human Resources Manager, is a professional responsible for overseeing the human resources department within an organization. 12 LPA
Project ManagerA Project Manager is a professional responsible for planning, executing, and overseeing projects within an organization.19.1 LPA
Sales ManagerA Sales Manager is a professional responsible for leading and managing a team of sales representatives or a sales department within an organization.6.7 LPA
Marketing ManagerA Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company’s products, services, or brand.12.5 LPA
Operations ManagerAn Operations Manager is a key leadership role within an organization responsible for overseeing and managing the day-to-day operations and processes. 10.4 LPA

Note: The salary has been taken from Ambitionbox.com.

MBA Scope In India

One of the biggest advantages of an MBA is that it comes with the option of various specialisations. It is a vast ocean of opportunities that offers students the work in a plethora of industries. Besides, an MBA in a particular specialisation is not restricted to a single field and the students can switch to another sector whenever they want.

Some of the sectors where MBA graduates are constantly in demand are:

  • Retail and Corporate Sector- There are many job roles for different MBA specialisations in this industry such as store manager, category manager, store technology manager, store marketing manager, etc. Depending on the flare and skill you possess, you can pick up a role considering your ambitions.
  • Banking and Financial Institutions- MBA graduates are hired in capacities such as Financial Analyst, Credit & Risk Manager, Marketing & Sales Manager, etc. It is a field full of career opportunities with an average annual salary ranging between INR 3 LPA to INR 20 LPA based on the job role.
  • Media Sector- Students have ample opportunities in both private and government sectors. With an average annual salary ranging between INR 2 LPA to INR 10 LPA, candidates can look out recruitments in print media, broadcast media, internet media, etc. Some of the popular job roles in this industry are Media Executive, Digital Advertising Expert, Channel Head, TV Producer and many others.
  • Hospitality Sector- With an expertise in hospitality sector, students can expect for job roles such as General Manager, Director of Sales, Marketing manager, Management Consultant, etc. With an average annual salary ranging between INR 3 LPA to INR 10 LPA, the students have unprecedented opportunities in airlines, cruise ships, hotels, casinos, resorts, etc.
  • Education sector- Education sector may seem very limited, but it has a lot of opportunities for MBA graduates. Some of the job roles in this industry include education policy manager, education technology manager, director of teacher recruitment, educational reform manager, etc.
  • Management Consulting- Consulting firms hire some of the best management brains and the responsibility of these individuals include solving organisational issues, embracing fresh ideas and finding new problem- solving methods.
  • Manufacturing sector- With the declining numbers of industrial engineers, MBAs are filling in the gap. Companies who need help with data analysis and managing complex supply chains hire MBA graduates. With an average annual salary of INR 4 LPA- INR 12 LPA, candidates can look up to job roles such as Purchase Manager, Project Manager, Organisational Consultant, etc.
  • Entrepreneurship- MBA graduates may aim to launch their own venture or they may accept respected positions at established firms such as that business operations, financial management, Information security, etc. The demand for candidates has been on the rise with an average annual income of INR 5 LPA to INR 20 LPA.
  • Information Technology- Project Managers, Analytics Manager, Systems Manager, IT Manager, Data Processing Manager, etc. are some of the job roles offered to MBA graduates in this industry with an average annual salary of INR 12 LPA.

MBA Admission 2024 is currently underway and students interested in getting admission to top management colleges can prepare themselves for the entrance exams, group discussions, and interviews. Candidates who are seeking admission to MBA 2024-2026 batch need to appear in national and state-level MBA entrance exams like CAT, XAT, MAT,  NMAT, SNAP, etcWhile CAT, MAT and SNAP entrance exams have concluded, XAT exam is expected to be held in January 2024.

MBA is one of the most preferred post-graduation degrees for candidates willing to learn professional and management skills. MBA Admission to various courses can be pursued at some of the top B-schools in India after graduation. Students who have completed their bachelor’s degree with 50 per cent aggregate marks can apply for MBA Admission 2024.

CAT is the most popular entrance test taken up by over 2 lakh students each year as it allows admission to top prestigious institutes like the Indian Institute of Technology  (IIT) and the Indian Institute of Management (IIM). MBA course is a premier offering at all 20 of the Indian Institute of Management’s institutes. To crack MBA Admission 2024 to a reputed college, candidates are required to fully understand the requirements of the MBA entrance exams and make enough preparations.

Notably, there are over 5,400 MBA colleges in India that are offering MBA courses. The management course is available in several specialisations like Finance, Human Resources, Retail, Sales and Marketing, Entrepreneurship, etc. and students can pick any one as per their area of interest. The students willing to apply for MBA Admission 2023 can read on for more admission-related details.

MBA 2024 Admission Process

The MBA admission process in India begins several months before the start of the academic year. The event is the most important one for candidates wishing to apply for MBA admission.

While the MBA admission process can be overwhelming for candidates and might include numerous steps, here’s a general outline of the steps candidates can follow for a hassle-free admission process:

  • Stage 1: Candidates can review the institution they wish to attend and the entrance examination it recognizes.
  • Stage 2: Apply for the entrance exam and achieve scores surpassing the prescribed cutoff to become eligible for MBA admission in the desired college.
  • Stage 3: Using their entrance exam results, applicants can apply through the official college portal.
  • Stage 4: On a specified date, a merit roster will be published. Those who find their names on the list must physically appear at the college campus or can opt for online reporting. Seat allocation will proceed accordingly.
  • Stage 5: Admission to prestigious colleges for MBA programs also involves GD and PI rounds after the announcement of entrance exam outcomes and the shortlisting of candidates.

MBA Admission Entrance Exams 2024

MBA entrance exams are a means of gaining admission to nationally recognised MBA programmes. Aspiring MBA students should plan ahead and study hard for these tests in order to increase their chances of being accepted into prestigious MBA programmes in India.

The list of top MBA exams that are acceptable for admission to different B-schools is provided below, along with the importan dates:

Entrance ExamsExam DateExam Schedule

CAT

Nov ’24

CAT Schedule

ATMA

18 Feb ’24 (February Session)

11 May ’24 (May Session)
23 Jun ’24 (June Session)

21 Jul ’24 (July Session)

ATMA Schedule

CMAT

May ’24

CMAT Schedule

MAT

24 Feb ’24 (MAT 2024 IBT 1)

03 Mar ’24 (MAT 2024 IBT 2)

08 Mar ’24 (MAT 2024 IBT 3)

MAT Schedule

SNAP

Dec ’24

SNAP Schedule

XAT

07 Jan ’24

XAT Schedule

IBSAT

Dec ’24

IBSAT Schedule

KMAT

Nov ’24

KMAT Schedule

MAH CET

09 Mar ’24 – 10 Mar ’24

MAH CET Schedule

TANCET

March ’24

TANCET Schedule

MBA Admission 2024: Application Status

MBA Admission has witnessed a major change in recent years. As more and more students and working executives are inclined to pursue this management degree, many aspirants are considering taking MBA Admission 2023 to the prestigious Indian Institute of Technology (IITs). After IIMs, students are considering IITs as their best option. Fee suitability along with a brand name are the two prime factors resulting in the popularity of MBA from IITs.

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