MBA Lateral Entry || Check MBA Admission, Course, Fees, Duration, Eligibility, And Colleges

MBA Lateral Entry:

MBA Lateral Entry Course is generally a normal MBA program that has some special conditions to its entry for the persons who want to join in this course directly to the second year of the same. It can be said that this feature is crafted for professional executives who want to acquire a management degree in order to excel in their work areas. MBA Lateral Entry Course is a program that is tailored so that the professionals in the relevant fields can also learn and polish their management skills which are also necessary to achieve the position in the top management of the concerned enterprise and to manage and guide the subordinates and regulate the day to day functioning and achieving the pre-decided goals and vision of the company.

MBA Regular Program: Some Features

Normally, the Master of Business Administration also abbreviated as an MBA which is a 2-year Full -Time postgraduate program. MBA is the most comprehensive and pursued program by youngsters. Multiple tie-ups with different industries enable global job opportunities for the Management aspirants. 

As already stated above Masters of Business Administration or an MBA is usually a two-year-long full-time program, which aims at making an aspirant possess expertise in various aspects of business administration and an expert for one of the aspects. In the first year of an MBA program, the main focus is on giving students a brief idea about all the various subjects of the management. In the latter, or in the second semester of the first year, they are also introduced to the specialized areas of the management from which they will have to select the area they desire to specialize in.

Being an MBA student, they will have numerous options to choose from as their subject of specialization that they can study at the top MBA colleges in India. With the CAT exam ticking off the major management entrance exam season, aspirants can read the detailed CAT paper analysis to get insights into the exam conducted in the previous year and estimate their score in the exam using the CAT percentile predictor as well. Other than this CAT Exam, candidates interested in pursuing an MBA, in any preferred specialization can also seek other popular management exams like- XAT, GMAT, CMAT, MAT, ATMA, IIFT, SNAP, etc.

What’s Lateral Entry?

If a student has completed a Diploma course in the relevant field, after completing 10+2 education or equivalent course, in a particular field, he or she can seek admission in the 2nd year of the corresponding course. This condition is typically applicable for Graduate Programmes and in some Master Programmes, subjected to the fulfillment of the eligibility criteria prescribed by the University for the same.

In the case of Lateral entry in MBA, Lateral Entry students are the students who directly enter into the 2nd year of their MBA. They must have completed a diploma in their respective field to be eligible for a lateral entry course. After completion of their diploma course, they have to write a special exam for enrollment in the institute.

Lateral Entry is for diploma holders, those who have done graduation plus one-year postgraduate-diploma in management from a well approved Govt. institute, and then they have to appear to the university approved entrance exam for admission into the concerned MBA colleges. And as they have studied diploma after 10+2+3 years, they are directly given admission in 2nd year MBA.

Is a Lateral Entry MBA Equivalent to 2 Years MBA Degree Course?

In this regard, the answer would be NO, The degree course will not be considered as to be a 2 year MBA degree course. Instead of that, students will get their MBA degree course for 1 year. This can be taken in the manner that it is only the time in the career that lateral entry students are switching from Diploma MBA to degree MBA. Yes, It is a fact that students need to spend an extra year in their MBA career but it will not be considered in their MBA degree course. It is like a continuation of the process from Diploma to Degree admission in the management field to go for Degree course.

In this way, it can be said that it is not possible to seek lateral entry into a regular MBA program. As we all know that to do a full-time regular MBA, a graduation degree is minimum eligibility criteria with an aggregate percentage of 55% at least for some reputed colleges and 50% for other colleges. Graduates seeking regular MBA can take various entrance tests such as -

• CAT, 
• MAT, 
• XAT, 
• FMS Entrance, 
• IIFT Entrance, 
• MDI entrance, 
• IBSAT (ICFAI Business School Aptitude Test), and several other states specific entrance tests.

Now coming to Lateral Entry in an MBA Course-

• St. Peters Institute of Distance Education: provide lateral entry to the 2nd year of their Distance Education MBA program. 
• Punjab Technical University: Jalandhar: provide lateral entry to the 2nd year of their Distance Education MBA program, 
• Sikkim Manipal University: provides Lateral entry to the 2nd semester of their Distance Education MBA program, 
• IIKM (Indian Institute of Knowledge Management): As far as our knowledge is concerned there is no age limit. 

And in the same way, there are many universities that provide Distance and Correspondance MBA  which can be sought by the professionals while also doing their job and simultaneously increasing their knowledge and skills.

MBA Lateral Entry Colleges

Here is the list of some of the Distance education MBA lateral entry colleges providing MBA Program- 

For the detail of the MBA Lateral Entry Colleges, Students can visit and check the respective college’s websites or the institutes or contact the institutes directly for more information on the course, the eligibility criteria, it’s admission procedures, & fee structure.

Regular MBA Eligibility Criteria:

The basic minimum qualification required to get admission in an MBA course in India is as follows:

• Indian students as wells as international students are eligible to pursue an MBA course in India.
• Students who want to join the MBA or PGDM course must notice that a Bachelor’s degree in any stream from a recognized college or university is necessary to be eligible for the admission process.
• The minimum aggregate percentage required for the Bachelor’s degree to take up MBA or PGDM course varies from 50% - 60%.
• Valid marks in any of the management entrance tests such as CAT or  XAT or CMAT or  GMAT or MAT or  ATMA or NMAT etc.,

MBA Lateral Entry Eligibility:

In reference to this MBA Lateral Entry Eligibility Criteria, it is important to notice that the eligibility criteria for Lateral Entry MBA are different for every college and university. Provided below are some of the criteria mentioned so that the aspirants of MBA Lateral Entry can get an idea of the same.

• The candidate should have completed M.Com. or Post-graduate Diploma or  Degree in Business Management or  Human Resource management
• Human Resource Management or  Financial Management or  Marketing Management or  Insurance Business Management or Export and Marketing Management from a recognized university.
• A candidate who has successfully qualified a  Bachelor's Degree or its equivalent in any discipline from a recognized college or university with a one-year post-diploma course in management is eligible for admission.

MBA Specialisations:

Following are enlisted the names of all the MBA Specialisations that a student can seek as major or dual specialization-

1. MBA or PGDM in Finance
2. MBA or PGDM in Human Resource Management
3. MBA or PGDM in Information Technology (IT)
4. MBA or PGDM in Logistics Management
5. MBA or PGDM in Marketing Management
6. MBA or PGDM in Business Management
7. MBA or PGDM in Rural Management
8. MBA or PGDM in Health Care Management
9. MBA/PGDM in Operations Management
10. MBA or PGDM in Event Management

MBA Lateral Entry Admission Process:

Following is the procedure to get admission in an MBA college. Although it is important to see that many colleges and universities have their own personalized MBA admission procedure. Here, we are providing you that common entrance procedure.

• Registering and Applying- For seeking admission in the college the students need to get themselves register for the MBA program in the desired college via their websites and fill in all the details required.
• Merit Scanning- Interested candidates who have provided with their application in the required format as per the college norms, their merit list will be prepared or if they have to appear for any sort of entrance exam they will have to appear for the same and then their admission will be considered on the aggregate of the entrance exam plus the marks obtained in the previous education.
• Fees Deposition- The list selected candidates are then prepared and they are asked to submit the required fees and then they are enrolled for the program.

MBA Lateral Entry Fees:

As far a the MBA Lateral Entry Fees is concerned, it is completely variable and depends on college providing the admission in the same. On average, the approx fees for the lateral entry MBA go from about INR10,000 to INR 2,00,000. It is majorly seen that private colleges charge much more fees than public colleges.

MBA Lateral Entry Duration:

The MBA Lateral Entry Duration is generally of one year consisting of two semesters but in some colleges where executive MBA is provided, like NIMS, they provide MBA for 15 months and every semester is of 3 months. So the students are advised to go through the details of each and every college curriculum pattern thoroughly.

MBA Lateral Entry Syllabus

The syllabus of every college is not exactly the same but the core subjects are listed below. Enlisted is an MBA Lateral Entry Syllabus-

Semester- 1 Subjects

• Strategic Management
• Entrepreneurship Development
• Optional (Finance)
• Optional (Marketing)
• Optional (Human Resource)

Semester- 2 Subjects

• Business Legislation
• Research Project
• Comprehensive Viva-Voce
• Optional (Finance)
• Optional (Marketing)
• Optional (Human Resource)

MBA Lateral Entry Career Options & Job Opportunities:

MBA is the most sought highly skilled degree and provides various opportunities for the students. From working professionals in the private, public, or government sectors to the persons venturing out to become an entrepreneur, an MBA degree gets a long way into shaping their career.

Career prospects after MBA are very diverse. Depending upon the college they have graduated from, the job prospects are impacted. Top MBA colleges in India have the best placement strategies in place, and more beneficial for the professionals already working than not, the MBA students are usually the best place in the industry.

Salary Prospect of Lateral Entry MBA-

• The initial approx salary of MBA graduates in India ranges from Rs. 6 Lakh - Rs. 10 Lakh per annum. 
• If they have studied from a reputed MBA College in India, it can start from Rs.18 Lakh per annum.
• Middle-level salary ranges from Rs. 12 Lakh - Rs. 20 Lakh per annum. Senior-level salary ranges beyond Rs. 24 Lakhs per annum.

CONCLUSION-

Dear students, we have tried to provide you with an overview of the MBA Lateral Entry course. It is advised for you that you get an idea of the course from here and then search and go through each and every detail of your desired college for this course. We hope that you will take the calculated decision for your career and progress leaps and bound in your career.