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Master of Business Administration

Update on 2024-04-15

Master of Business Administration (MBA) Degree Course

MBA Degree Program: MBA or the Master of Business Administration course is a 2-year full-time program that can be pursued by students as well as working professionals. The MBA course is offered by Universities and Colleges across India.

MBA is a postgraduate degree that candidates can opt for, after completing graduation in any stream. The Master of Business Administration course teaches the candidates the skills of management, finance, and leadership.

Candidates opting for the MBA program can take up specializations in streams like Operations, Human Resource Management, Finance, Sales, Marketing, International Business, Supply chain and Logistics, and Information Technology.

The MBA course can be taken up by candidates who have completed their graduation in any stream from a recognized University.

There are several top MBA Colleges in India that offer a 2-year full-time postgraduate course. Candidates who want to take admission to the top Institutes in India must appear for the National level or the State level MBA Entrance exams.

The best MBA Colleges in India accept the scores of the Entrance exams like CAT, MAT, XAT, ATMA, and CMAT.

MBA is a much-in-demand course in today’s times as there are innumerable job opportunities in different sectors. A candidate with an MBA degree becomes eligible for managerial jobs in reputed companies with good salary packages.

The different sectors in which an MBA degree holder can get jobs are Banking, Finance, Manufacturing, Construction, IT, and Human Resource Management.

MBA Course: Highlights

Particulars of the Course Details
Name of the Course MBA
Full form Master of Business Administration
Type of Course Postgraduate
Duration of the Course 2 years
Eligibility for the Course Graduate in any stream from a recognized University
Admission Process Entrance Exam Score
National Level Entrance Exams
  • CAT
  • XAT
  • MAT
  • CMAT
  • NMAT
  • ATMA
State-Level Entrance Exams
  • CET
Course fees INR 2,00,000 to INR 27,00,000
Top MBA Specializations
  • Marketing
  • Finance
  • Human Resource Management
  • International Business
  • Information Technology
  • Operations
  • Digital Marketing
  • Supply Chain Management
  • Healthcare Management
  • Business Analytics
Types of MBA Course
  • Full-time
  • Part-time
  • Distance Learning
  • Online MBA course
Job Profiles 
  • Marketing Manager
  • Business Development Manager
  • Business Analyst
  • Financial Analyst
  • Project Manager
  • Data processing Manager
Top Recruiting Companies
  • ICICI Bank
  • Yes Bank
  • Accenture
  • Wipro Technologies
  • Cognizant solutions
  • Amazon
  • Deloitte
  • Tech Mahindra
  • Unilever
  • Ernst and Young
  • Genpact

Skills Required for the MBA Course

Candidates who want to take admission to the top MBA colleges in India must have the following skills:

  • Problem-solving
  • Interpersonal
  • Communication
  • Leadership
  • Creativity
  • Critical thinking
  • Flexibility

Significant facts of MBA Course

  • MBA is a postgraduate degree that can be opted for by students as well as working professionals.
  • MBA degree enhances the knowledge and hands-on experience of business operations.
  • MBA candidates learn managerial and leadership skills that help them to work in top positions in Indian and Multinational organizations.
  • The salary aspects of an MBA candidate are much higher than that of ordinary graduates.
  • The job profiles of MBA candidates are numerous and the probability of job security increases after the MBA degree.
  • MBA courses are offered both full-time and part-time. Candidates can even opt for online MBA courses offered by top Universities.
  • An MBA degree can help grow the professional network of the candidates which in turn help in knowledge sharing and career building.

Eligibility Criteria for the MBA Course

  • Aspirants must complete their 3-year Bachelor's Degree program in any stream from a recognized University.
  • Aspirants must secure at least 50%-60% marks in their Graduation (marks relaxation for the reserved category candidates).
  • Aspirants who have completed an undergraduate degree in Commerce or Business Administration with subjects like Finance, Accounting or Statistics are preferred for the MBA course.
  • Aspirants who are in their final year of the graduation exam can also apply.
  • Working professionals applying for the MBA program must have at least 2 years of job experience besides having an undergraduate degree.
  • Aspirants who have completed their Master's Degree or Doctorate from recognized Universities can also apply for the MBA program.

How to Get Admission to the MBA Course?

Candidates who want to take admission to the MBA course must qualify for the MBA Entrance exams. The top MBA Colleges provide admission to the candidates on the basis of National level MBA Entrance exams like CAT/MAT/XAT/CMAT/NMAT/ATMA.

Many MBA colleges offer admission to the candidates on the basis of State-level Entrance exams like MAH CET/TANCET/KMAT/PGCET.

Some top MBA Colleges offer admission to aspiring candidates on the basis of Institute level MBA Entrance exams like TISSNET/KIITEE/IBSAT/MU OET/PTU/LPU NEST.

However, most MBA Institutes accept the scores obtained by the candidate in the Management Entrance exam CAT.

List of top MBA Entrance Exams and Accepting Institutes

Name of the MBA Exam Accepting Institutes
CAT (Common Admission Test) IIM, IIT, FMS Delhi, IMI
MAT (Management Aptitude Test)  Jaipuria, BIMTECH, JIMS
NMAT (Narsee Monjee Institute of Management Studies) by GMAC (Graduate Management Studies) NMIMS, VIT Vellore, K J Somaiya Institute of Management
CMAT (Common Management Admission Test) K J Somaiya Institute of Management, BIMTECH, Goa Institute of Management
XAT (Xavier Aptitude Test) XLRI, IMT, IMI
SNAP (Symbiosis National Aptitude Test) Symbiosis Pune, SCMHRD, SIOM
ATMA (AIMS Test for Management Admission) CIMR, IMS, L N Welingkar Institute of Management
GMAT (Graduate Management Aptitude Test) IMI, IMT, XLRI, S P Jain Institute of Management and Research

Application and Selection Criteria for the MBA Course

Candidates who meet the cutoff criteria can apply online to their preferred MBA Colleges. Some Private MBA Institutes also accept offline applications. Selected candidates have to appear for the written test and Personal Interview conducted by the Institutes.

The University/Institute will announce the list of candidates by releasing a Merit list. Selected candidates have to appear for the counseling sessions and pay the fees to complete the admission process for the MBA program.

Top MBA Colleges, Course Fees, and Salary

Name of the Colleges Course Fees Expected Salary
Indian Institute of Management Ahmedabad INR 23 Lakh INR 25 lakh
Indian Institute of Management Kozhikode INR 20.50 Lakhs INR 20 Lakhs
Department of Management Studies, IIT Delhi INR 9.89 Lakhs INR 20 Lakh
XLRI Xavier School of Management Jamshedpur INR 25.80 Lakhs INR 23 lakhs
S P Jain Institute of Management and Research INR 19 Lakhs INR 30 Lakhs
Symbiosis Institute of Business Management INR 21.32 lakhs INR 20.30 Lakhs
NMIMS School of Business Management, Mumbai INR 21.90 Lakhs INR 7.00 Lakhs
KIIT School of Management INR 14.50 Lakhs INR 4 lakhs
Jamia Millia Islamia INR 47,000 INR 8 Lakhs
B M Munjal University School of Management INR 11.55 Lakhs INR 8.03 Lakhs
Birla Institute of Management Technology INR 12 Lakhs INR 5.12 Lakhs
Guru Gobind Singh Indraprastha University INR 1.92 Lakhs INR 8 Lakhs
International Management Institute INR 13 Lakhs INR 8.50 Lakhs
Chitkara Business School, Chandigarh INR 6.40 Lakhs INR 7.57 Lakhs

MBA  Semester-Wise Syllabus

MBA or the Master of Business Administration is a 2-year full-time course that is offered by many top Universities. The MBA course consists of 4 semesters and a compulsory internship program.

The syllabus for the MBA program for all 4 semesters is given below:

1st Semester 2nd Semester
Organizational behavior Operation Management
Financial Accounting Management Science
Quantitative methods Corporate Finance
Human Resource Management Optimization and Project Research
Marketing management Corporate Finance
Microeconomics The economic environment of business
Tools and Frameworks of decision making Legal aspects of business
Business Communication and soft skills Macroeconomics
Corporate social responsibility Organization effectiveness and change
Computer applications and Management Information system Business Research Methods
Managerial Economics Productions operations and SCM
3rd Semester 4th Semester
Supply Chain Management International Business environment
Strategic Management Strategic Management
Business ethics and Corporate Social Responsibility Corporate Governance
Legal environment of business Entrepreneurship Development
Digital marketing Cybersecurity
International business environment  Elective 1
Financial modeling Elective 2
Corporate governance and Business ethics Elective 3
Business Intelligence Elective 4
Managerial economics Elective 5
Corporate Finance 2  

Online MBA Course

The Online MBA course is apt for those individuals who are unable to take admission to a full-time MBA program. Interested candidates can apply for the online MBA course from the comfort of their homes.

Online MBA programs are offered by many top Universities and the course fees are quite reasonable as compared to the full-time MBA courses that are offered by the best MBA colleges.

Executive MBA Course

The Executive MBA course is meant for working professionals with more than 5 years of work experience. This MBA course is usually company-sponsored and the duration of the course is much less than the regular MBA courses.

The MBA Executive Program is offered by many top MBA Institutes and the course timings are flexible. The duration of the course is 15 months to 18 months and the course fees range from INR 10 Lakhs to INR 40 Lakhs.

Distance MBA Course

The distance MBA program is very suitable for those candidates who cannot take admission to MBA Colleges. Distance MBA courses are affordable as the course fees are much less as compared to the fee structure of the full-time MBA program.

A distance MBA program is also a flexible option for candidates who cannot attend regular classes. The distance MBA program is a much sought-after course as most of the top Universities offer this course and also have placement options in renowned hiring companies.

The eligibility criteria for the Distance MBA course are the same as that of a full-time MBA course in which the aspirants must qualify for the 3-year Bachelor's Degree program from a recognized University with an average of 50% aggregate.

The Distance MBA course offered by the top Universities expects the candidate to have a minimum of 2 years of work experience.

Both students and working professionals can opt for the Distance MBA programs. After completing the course, candidates become eligible for job opportunities with top recruiting companies with good salary packages.

Top Colleges Offering the Distance MBA Course with Fees

Name of the Colleges Distance MBA Course Fees
Sikkim Manipal University Center for Distance learning INR 80,000
Amity University Distance Learning INR 1,51,800
ICFAI University INR 75,000
Annamalai University INR 57,000
Suresh Gyan Vihar University Distance Learning INR 1,03,000
IGNOU INR 31,500

Career and Scope of the MBA Course

The 2 year MBA degree program has a wide range of career opportunities in different domains. There are numerous jobs available for MBA candidates both in India and abroad.

An MBA graduate gains the necessary skills and expertise to become eligible for jobs in Managerial and Senior Managerial positions in reputed companies.

Most of the top MBA colleges offer campus placement opportunities after the completion of the program. The average salary of MBA candidates ranges from INR 7 Lakhs to INR 12 Lakhs per annum.

Candidates who complete the MBA course from the top Management Colleges in the country become eligible for an average salary of INR 15 lakhs per annum.

Job Profiles and Salary of the MBA Course

Job Profile Average Salary
Human Resource Manager INR 7.5 Lakhs per annum
Operations Manager INR 7.9 Lakhs per annum
Project Manager INR 12 Lakh per annum
Supply Chain Coordinator INR 3.97 per annum
Financial Analyst INR 4 Lakhs per annum
Accounting Manager INR 7 lakhs per annum
Marketing Manager INR 7.6 Lakhs per annum
Business Development Executive INR 5 Lakhs per annum
Senior Sales Executive INR 4 Lakhs per annum
Management Consultant INR 13 Lakh per annum

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