About MBA- The postgraduate degree in business administration for students is MBA which stands for Management of business administration. It includes the study of accounting, finance, marketing, operations management, human resource management, entrepreneurship and leadership. This is a two-year program in which students gain depth knowledge of Finance, Marketing, Human Resources, International Business and more. It helps students to get specialization in that specific area and develop skills. This course includes both practical and theoretical learning of Management
MBA [Master of Business Administration] Quick facts
Highlights for MBA [Master of Business Administration] program are provided in the table given below:
MBA [Master of Business Administration] Eligibility & Entrance exam
- Eligibility: eligibility criteria of getting admission in colleges can vary from college to college. Some basic criteria are:
- The student must have a bachelors degree of from a recognized university/college with minimum 50% credits overall.
- Students require to pass an Entrance Exam MBA like CAT, , MAT, XAT, NMAT, CMAT, GMAT ,etc.
- The Admission process typically includes group discussions and one-on-one interviews
- Applicants should also submit academic information, work experience (if any) and other relevant documents
- Few colleges conduct their own entrance exams , to shortlist the students for admission in colleges. The popular entrance exams are given below:
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Entrance Exam
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Conducting Body
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SNAP (Symbiosis National Aptitude Test)
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Conducted by Symbiosis International University
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CAT (Common Admission Test)
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Conducted by Indian Institutes of Management (IIMs)
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XAT (Xavier Aptitude Test)
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Conducted by Xavier School of Management
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NMAT (NMIMS Management Aptitude Test)
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Conducted by Narsee Monjee Institute of Management Studies
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MAT (Management Aptitude Test)
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Conducted by All India Management Association (AIMA)
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CMAT (Common Management Admission Test)
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Conducted by National Testing Agency (NTA)
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IIFT (Indian Institute of Foreign Trade)
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Conducted by Indian Institute of Foreign Trade
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After shortlisting with these entrance exams, some colleges may also have to include
Group discussion and personal interviews as a part of their admission process.
MBA [Master of Business Administration] Duration & Fees
MBA is a two-year postgraduate degree program.
Fee structure varies from college to college, the average fees range in between 5 lakhs to 25 lakhs and or more for the entire program
MBA [Master of Business Administration] Jobs,Scope,Salary after course
There are a wide range of opportunities in MBA including finance, accounting, taxation, insurance and banking, the popular job offerings available in the market with respective salaries are :
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JOB TYPE
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JOB DESCRIPTION
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SALARY
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Management Consultant
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Advises organizations on how to improve efficiency and profitability.
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Rs. 10-40 lakhs
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Financial Analyst
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Analyzes financial data to provide insights for investment decisions and budgeting.
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Rs. 5-15 lakhs
|
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Investment Banker
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Advises clients on financial transactions such as mergers and acquisitions, IPOs, and fundraising activities.
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Rs.10-40 lakhs
|
|
Business Development Manager
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Identifies and develops new business opportunities.
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Rs. 6-18 lakhs
|
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Marketing Manager
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Develops and implements marketing strategies to promote products or services.
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Rs. 7-20 lakhs
|
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Supply Chain Manager
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Oversees the planning, execution, and optimization of supply chain operations.
|
Rs. 8-20 lakhs
|
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Product Manager
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Manages the development and marketing of a company's products.
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Rs. 10-20 lakhs
|
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IT Manager
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Manages the information technology systems and infrastructure of an organization.
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Rs. 8-18 lakhs
|
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Operations Manager
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Oversees the day-to-day operations of an organization to ensure efficient functioning.
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Rs.8-20 lakhs
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MBA [Master of Business Administration] Top colleges offering course
Top colleges offering MBA course:
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College Name
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Location
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Fees
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Indian Institute of Management Bangalore (IIMB)
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BANGALORE
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Rs. 23 lakhs
|
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Indian Institute of Management Ahmadabad (IIMA)
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AHMADABAD
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Rs. 23 lakhs
|
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XLRI Xavier School of Management
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JAMSHEDPUR
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Rs. 23 lakhs
|
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(IIMC)
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KOLKATA
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Rs. 22 lakhs
|
|
Indian School of Business (ISB)
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HYDERABAD
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Rs.35 lakhs
|
The fees may vary from college to college and based on facilities provided by college like hostel, scholarships and other charges.
Al-Falah University
Flame University
AKS University Amicable Knowledge Solution
AMET University AMET- Academy of Maritime Education and Training
Aurora Higher Education & Research Academy
Neotia University
ADYPU Ajeenkya DY Patil University
Amity University Mumbai
