MBA Course, Syllabus, Subjects, Fees, Salary & Scope

The full form of the MBA Course is Master of Business Administration, This program course is a 2-year post-graduation course that is offered in various specializations such as Human Resource Management, Marketing Management, Finance, Logistics Management, and many more.

The candidates can choose their MBA Course Specialization based on their field of interest. Candidates who have completed their Bachelor's (graduation) degree course from a recognized university can pursue a Master's in Business Administration degree.

If you are someone who has just completed their graduation and searching for a suitable higher education course, then this program degree might be a suitable postgraduation course for you as it offers you better career opportunities than any other post-graduation course.

MBA Course Details

This is a pg course that imparts knowledge of Business administration and Management. The program is designed to develop management skills, leadership skills, and decision-making abilities in the students.

This course is suitable for candidates who aspire to work on the managerial level and want to lead teams in the corporate sector. In the past few years, an MBA Course has become the most popular post-graduation degree pursued by students.

MBA Program is offered in Full time, part-time, Online, and Distance education mode which is the best thing about this stream, as the candidates can choose their specialization in this course mode as per convenience.

MBA Course 2023: Highlights

Course Name (full form)	Master of Business Administration (MBA)
Course Duration	2 Years
List of Popular Specializations	Digital Marketing, Marketing Management, Finance, Logistics Management, Business Management, Rural Management, Strategic Management, Information Technology
MBA Entrance Exams	CAT, MAT, XAT, CMAT, GMAT, etc.
Minimum Eligibility	Bachelor’s degree in any discipline
Lateral Entry Option	No
Integrated Courses	BBA+MBA
Admission Process	Entrance Based
MBA Fees	Rs.4.6 Lakhs to Rs 12 Lacs
Salary After MBA	Rs 4 L.P.A to Rs 8 L.P.A
Job Profiles	Brand Manager, Marketing Manager, Risk & Insurance Manager, Financial Analyst, Project Manager, Information Systems Manager, Data Processing Manager, Business Development Manager, Supply Chain Information Analyst, Business Consultant, Export Manager, Marketing Analyst, etc.
Top Recruiting Companies for MBA Graduates	Microsoft, TCS, Reliance Industries Ltd., Cognizant, Wipro, Infosys, Morgan Stanley, Barclays, HDFC, Wipro, Pepsico, Deutsche Bank, Make my Trip

6 Different Types of MBA Programs you can pursue in 2023

List of MBA Specializations Offered in India

As already discussed, the course is offered under various specializations.

Below, we have listed the names of the specializations offered by the top MBA colleges in India:

• MBA in Digital Marketing
• MBA in Marketing Management
• MBA Finance
• MBA in HR
• MBA in Event Management
• MBA in Rural Management
• MBA in Operations Management
• MBA in Information Technology
• MBA in Hotel Management Course
• MBA in Logistics Management
• MBA in Hospitality Management Course
• MBA in Strategic Management

MBA Course Duration

The duration of an MBA program is 2 years which is divided into 4 semesters. Any candidate who has completed his/her graduation from a recognized university can apply for this program.

MBA Eligibility Criteria

The Eligibility criteria might slightly vary from one college to another. But the basic eligibility requirements to pursue an MBA course which is demanded by most Colleges are as follows:

• The candidate seeking admission must hold a Bachelor's degree in any discipline obtained from a recognized university.
• The candidate must score a minimum of 50% marks at the graduation level but some renowned colleges like IITs and IIMs ask for a minimum of 60% aggregate marks in graduation as a minimum eligibility requirement. A relaxation of 5% will be provided to the candidates belonging to the reserved category. The minimum percentage required in graduation courses may vary from college to college.
• The candidates who are appearing in the final year of their graduation are also eligible to apply for admission. Such candidates have to present documented proof of completion of graduation within the time specified by the college/university.
• Some well-known colleges like XLRI Jamshedpur, ISB Hyderabad, and IIM colleges ask for at least 2 years of relevant work experience along with a valid entrance exam score.

MBA CET 2023 Registration Date/ MBA Admission Form

Most of the Business Schools and top MBA Colleges in India offer Admissions based on national, state or university-level entrance examinations followed by Group Discussions (GD) and Personal Interviews (PI).

The objective of conducting entrance exams, GD, and PI rounds is to assess the candidate's skills which cannot be determined by looking at their academic score. Master in Business Administration Colleges in India have strict admission criteria, to get admission in such colleges the candidate needs a valid score in a national or state-level MBA Entrance exam such as CAT, MAT, XAT, etc.

Documents Required for an MBA Admission Form

• 10th Marksheet/ Passing Certificate
• 12th Marksheet/ Passing Certificate
• Date of Birth Proof
• Entrance Exam Score Card
• Caste Certificate
• Domicile Proof
• Work Experience (Domicile Certificate/Birth Certificate)
• Graduation Certificate
• Work Experience Certificate (if applicable)
• Passport size Photograph
• Any other degree/diploma certificate
• Date of Birth Proof

MBA Syllabus 2023

The curriculum is divided into 4 semesters. Each year consists of 2 semesters in which various MBA subjects are taught to the students. The syllabus remains the same across most universities.

Below we have mentioned the core syllabus and subjects, please have a look:

1st Semester	2nd Semester
Finance for Non-Finance	Business Laws
Joy of Management	Costing Products and Services
Micro-Economics	Synthesizing and Analyzing Data using R
Business Statistics	Managing Operations and Supply Chain
Marketing and Consumer Behaviour	Human Resource Management
Excel Spreadsheet Modelling	Indian Banking and Financial Markets
Organizational Behaviour	Indian Economy in the Global Context
Marketing of Products and Services	Managing Stakeholders and Legal
Financial Reporting and Analysis	Processes
Business Research Methodology	Managing Financial Resources
Operation Research	Bringing Ideas to Market
Macro Economics & Policy	Strategic Management
Business Communication	Project Management
Presentation Skills	Data Science Using R and Python
3rd Semester	4th Semester
Management of Design	Capstone Simulation
Business Model and Intellectual	Ethics and Indian Ethos
Property	Integrated Decisions Making
Leveraging IT for Business	Leadership Development
Corporate Governance and Social	Applied Business Research Project
Responsibility	Behavioural Finance
Analyzing and Mitigating Risk	Hospitality & Tourism Management
Applied Business Research	-
Problem Solving and Consulting Skills	-

Below, we are listing the top MBA colleges in India as ranked by NIRF Rankings:

Top MBA College	Entrance Exam Name
Indian Institute of Management, Ahmedabad	CAT
Indian Institute of Management, Bangalore
Indian Institute of Management, Calcutta
Indian Institute of Management, Lucknow
Indian Institute of Management, Indore
Indian Institute of Technology, Delhi
Xavier Labour Relations Institute, Jamshedpur	XAT
Management Development Institute, Gurgaon	CAT/GMAT

Best MBA Institute in India

• Institute of Engineering And Technology (IET), Lucknow
• Narsee Monjee Institute of Management Studies, Mumbai
• Fortune Institute of International Business (FIB), New Delhi
• Birla Institute of Technology & Science, Pilani (BITS Pilani)
• Institute of Management Studies (IMS), Ghaziabad
• Graphic Era University, Dehradun (GEU, Dehradun)
• UPES University, Dehradun
• Lloyd Institute of Management & Technology, Greater Noida
• IILM Graduate School of Management (IILM GSM), Greater Noida
• Harcourt Butler Technical University, Kanpur

List of MBA Colleges without Entrance Exam

• UPES School of Business, UPES University, Dehradun
• School of Inspired Leadership – SOIL, Gurgaon
• Amity Global B-school School (Amity University)
• Shiv Nadar University
• GIBS Bangalore
• IIBS Bangalore
• OP Jindal Global University
• School of Inspired Leadership, Gurgaon

MBA Courses Fees in India
MBA/PGDM College Name	MBA Course Fee
Institute of Engineering And Technology (IET), Lucknow	₹ 1.59 Lacs
GLA University (GLA), Mathura	₹ 4.44 Lacs
Fortune Institute of International Business (FIB), New Delhi	₹ 8.9 Lacs
Birla Institute of Technology & Science, Pilani ( BITS Pilani)	₹ 8.05 Lacs
Institute of Management Studies (IMS), Ghaziabad	₹ 7.95 Lacs
Graphic Era University, Dehradun (GEU, Dehradun)	₹ 5.29 Lacs
UPES University, Dehradun	₹ 13.34 Lacs
Lloyd Institute of Management & Technology, Greater Noida	₹ 2.5 Lacs
IILM Graduate School of Management (IILM GSM), Greater Noida	₹ 10.8 Lacs
Harcourt Butler Technical University, Kanpur	₹ 1.58 Lacs

Career & Scope After MBA Course

This course field is popular among young aspirants because of the career scope and job prospects an individual gets after completing an MBA Course from a reputed university or institute. If you obtain your degree from a reputed B-School, then you are more likely to get prestigious career opportunities to work with leading organizations like TCS, Wipro, Morgan & Stanley, etc.

Please read the article further to know about the MBA Jobs:

Salary After MBA Course

As per research, masters in business administration postgraduates are offered a higher salary package than a candidate holding any other PG degree. The reason can be the management and problem-solving skills and knowledge an individual gets after completing the course program.

To provide you with the approximate salary figures, we are mentioning below the list:

IIM Colleges are the first choice of every management student, IIMs are considered the most prestigious Business Schools in India and they also offer great placement opportunities. There are 20 IIM Institutes located in various cities in India. Candidates have to clear the CET exam to get admission into an IIM college.

The placement record of IIM colleges has always been remarkable and candidates who graduated from IIM are always valued in the industry. Top Companies and Industry giants always look forward to recruiting IIM graduates.

Best MBA Colleges for Placement in India for 2023
Name of IIM Colleges	Average Salary (in Lacs/annum)
IIM Ahmedabad	₹ 24.45 L.P.A
IIM Kolkata	₹ 24.02 L.P.A
IIM Indore	₹ 18.17 L.P.A
IIM Kozhikode	₹ 17.65 L.P.A
IIM Bangalore	₹ 16.06 L.P.A
IIM Shillong	₹ 15.51 L.P.A
IIM Trichy	₹ 14.28 L.P.A
IIM Udaipur	₹ 13.16 L.P.A
IIM Raipur	₹ 13.10 L.P.A
IIM Ranchi	₹ 12.80 L.P.A
IIM Rohtak	₹ 12.30 L.P.A
IIM Vizag	₹ 12.07 L.P.A
IIM Nagpur	₹ 12.05 L.P.A
IIM Kashipur	₹ 12.02 L.P.A

Top Organizations and MNCs hire graduates from different specializations. Many MNCs also visit college campuses for Placement drives and conduct separate placement interviews for the recruitment of each specialization.

Below, we are mentioning the list of Top Recruiting Companies for MBA graduates:

Top Recruiters for MBA Graduates
Amazon	Apple	Deloitte
JP Morgan	Microsoft	Cognizant
Infosys	Tata Consultancy Services	ICICI Bank
Reliance Industries Ltd.	Goldman Sachs	State Bank of India
Jindal Steel	Larsen & Toubro	Pepsico
MTNL	Videocon	Asian Paints
Nestle	ONGC	NTPC
BCG	Accenture	KPMG (Klynveld Peat Marwick Goerdeler)
Wipro	AT Kearney	Deutsche Bank
Aditya Birla Group	BSNL	Parle Agro

Why do we Choose MBA Course?

Many Candidates ask us about the advantages of pursuing an MBA. Well, An MBA degree can be pursued after completing graduation and it allows you to become eligible to work at higher job positions in reputed organizations.

It might be possible that after completing your graduation, you will be hired as an executive or in other entry-level job positions, but holding a 2-year MBA degree will help you stand out of the line of freshers as this course trains an individual to work at managerial positions and develop leadership skills in an individual.

Benefits of MBA Course

• Good Salary Package: The graduate candidate is more likely to get a higher salary package than a candidate holding a graduate degree. Moreover, corporate houses always look for an MBA Graduate for manager-level job profiles.
• Gain Management Skills: The Curriculum is designed in a way that it develops leadership skills, management skills, network-building abilities, risk management skills, research and analysis skills, and many other qualities that are required to work in organizations.
• Good Career Opportunities: The degree can help you to accelerate your career and get promoted to senior job positions. Various corporate sector asks for an MBA or PGDM as a minimum eligibility requirement to hire or promote candidates for senior-level positions.
• Become an Entrepreneur: The Degree helps you to gain Market Knowledge and management skills, candidates can start their own business or start-up and use their knowledge in skills to grow the business.
• Choose your specialization as per your interest: The course is offered in numerous specializations, and the candidates can choose any of them according to their field of interest and career priorities. The most in-demand specialization was recorded in the previous year's data.

Difference Between MBA & PGDM Course

Every year the candidates change but the question remains the same “What is the difference between MBA and PGDM?" Which one is better MBA or PGDM?” These are the most common questions asked by candidates who are looking forward to pursuing a higher degree in management and Business Administration.

If you are also searching for the answer to the very same question, please continue reading the article:

MBA is a PG degree in the discipline of Management whereas a PGDM is a PG Diploma in Management. Many people also think that an MBA degree is better than a PGDM Diploma, but it is not true despite having a few differences in the curriculum and approach, both of these courses are equivalent to each other and hold the same value in the industry.

To provide you with a brief explanation, we are mentioning a comparison between these two courses:

Distance MBA Course

A Distance MBA Course is a 2-year postgraduate course in Management that allows the candidate to learn about Management and Business Administration through distance mode. This program is specially designed for working individuals or candidates who are unable to attend regular lectures due to personal or professional reasons. The course fee of a Distance MBA course is lesser than a regular MBA Program.

Distance MBA Course Eligibility Criteria 2023

The basic eligibility criteria to pursue this program remain the same as a regular course. However, every institute has its own sets of eligibility requirements that need to be fulfilled by the candidates.

Some of the common eligibility requirements are mentioned below:

• A Bachelor's degree in any discipline
• Passing Marks in the graduation (Bachelor's degree)
• 50% Aggregate marks in 10+2
• A valid score in the entrance exam conducted or accepted by the university (if applicable)
• Work Experience as per College's requirement

Distance MBA Course Admission Criteria

Many institutes and business schools offer distance admissions based on the national level entrance examinations such as CAT, MAT, XAT, and ATMA, on the other hand, many colleges conduct their own university-level entrance examinations to offer Distance MBA Admissions.

• For eg- Indira Gandhi International Open University offers admission to this Program based on the university-level entrance named IGNOU OPENMAT.
• Symbiosis Centre for Distance Learning (SCDL) which is quite popular for Distance Education, also offers a Distance MBA Program, the candidates have to appear in the SCDL-PGDBA exam to get admission to the course.
• Colleges like IMT Ghaziabad, NMIMS, Bhartiya Vidyapeeth University, and many others offer admissions based on the candidate’s performance at the Graduation level.

Top Distance MBA Colleges in India

Numerous Colleges offer a regular MBA course but several B-schools offer a distance course. For your reference, we are mentioning the list of Top Distance MBA colleges in India to where you can apply.

• Sikkim Manipal University ,Gangtok
• Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
• Symbiosis Centre for Distance Learning, Pune
• Indira Gandhi National Open University (IGNOU), New Delhi
• Amity University, Noida
• Lovely Professional University, Jalandhar
• Suresh Gyan Vihar University, Jalandhar
• University of Madras, Chennai 
• MIT, Pune
• Institute of Management Technology (IMT CDL), Ghaziabad

Online MBA Course

The Course is also offered in Online mode, Many UGC-approved colleges in India offer it. This course is quite similar to a Distance MBA course and serves the same objective of convenient learning.

As the name of the course suggests, the program aims to educate the candidates using online platforms to deliver lectures. The classes are held on online mode which allows candidates to attend the classes from any corner of the world. These courses are designed for working professionals with at least 2 to 3 years of working experience.

Online MBA Course Colleges in India

1. National Institute of Business Management (NIBM)
2. Karnataka State Open University
3. Jaipur National University
4. ITM University
5. Bharati Vidyapeeth University, Pune
6. Indian School of Business Management & Administration
7. Don Bosco University Global Center, Assam
8. Pondicherry University

Frequently Asked Questions (FAQs):

Ques. What is the Full Form of an MBA?

Ans. The full form of an MBA is a Master of Business Administration.

Ques. What is the duration of the MBA Course?

Ans. The duration of a full-time regular MBA Course is 2 years.

Ques. What is the Eligibility of an MBA Course?

Ans.

• A Bachelor's degree in any discipline is obtained from a recognized university.
• At least 50% marks at the Graduation level.
• Some Colleges and B-Schools also ask for a 2-year working experience as an eligibility requirement.

Ques. Which are the Top 5 MBA Colleges Name in India?

Ans. These are the top 5 MBA colleges in India:

• IIM Ahmedabad 
• IIM Bangalore 
• IIM Calcutta 
• XLRI Xavier School of Management 
• Indian School of Business (ISB), Hyderabad

Ques. Which stream is best for an MBA Course?

Ans. Commerce is the best stream for MBA courses but you can pursue this program irrespective of the stream you have opted in 10+2.

Ques. Which is better, MBA or PGDM?

Ans. MBA and PGDM both are equivalent degrees and hold equal significance in the job market.

Ques. What is the average salary of an MBA graduate?

Ans. The average salary of an MBA graduate starts from Rs 4 L.P.A to Rs 8 L.P.A

Ques. Which entrance exam is best for an MBA Course?

Ans. CAT is the best and most popular MBA entrance exam accepted by almost all the prestigious B-Schools and colleges in India.

Ques. Is it mandatory to clear CAT for MBA?

Ans. No, it is not necessary to pass the CAT Entrance Exam to pursue an MBA degree. Yes, a valid score in the CAT entrance exam is demanded by most of the prestigious MBA Course colleges but there are also such colleges that offer direct admissions based on your performance in graduation exams or based on their own university-level entrance test.

Ques. Can I do an MBA After 12th in Science?

Ans. Yes, you can pursue an MBA if you have completed your 12th from the Science stream but first, you have to complete a 3-year graduation course in any discipline.

Ques. Can I Do an MBA Course after a Diploma course?

Ans. No, you cannot do an MBA course after Diploma courses. To pursue an MBA course you must hold a 3-year graduation degree along with a 12th passing certificate.