Update on 23 Feb, 2024
5 min read
MBA Admission 2024: MBA is the most popular degree among management students as it opens a wide range of options for career-oriented students. The full form of an MBA is a Master of Business Administration, which is a two-year program consisting of four semesters. An individual will be getting advanced knowledge and skills in the field of Management and Business. Students can avail themselves of an array of job opportunities such as financial manager, information technology or IT manager, management consultant, medical and health services manager, and many more.
|Course Name (full form)
|Master of Business Administration (MBA)
|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.
|Bachelor’s degree in any discipline
|Lateral Entry Option
|Rs.4.6 Lakhs to Rs 12 Lacs
|Salary After MBA
|Rs 4 L.P.A to Rs 8 L.P.A
|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
The degree of the MBA comes with a span of 2 years and comprises four semesters. Students with any background, whether Arts, Commerce or Science, can pursue the degree. The specific details of an MBA program can vary between universities and business schools, but there are common elements that are typically included in most programs. MBA programs often provide opportunities for networking through alumni events, guest lectures, and industry connections.
There will be a basic admission requirement for pursuing the MBA course as you are required to have a bachelor's degree from an accredited institution, GMAT or GRE scores, Letters of recommendation, a Resume and/or professional work experience, etc. Many MBA programs offer opportunities for international exposure through study abroad programs or global business projects.
|Average Fees (INR)
|₹ 5 Lacs to ₹ 15 Lacs
|Distance MBA Course
|Bachelor's degree with minimum 50% marks in graduation + work experience of 2 to 3 years
|₹ 50,000 to ₹ 4 Lacs
|Bachelor’s Degree with 50%
|₹ 2 Lacs to ₹ 8 Lacs
|Online MBA Course
|₹ 40,000 to ₹ 1 lac
|50% in 10+2
|₹ 6 Lacs to ₹ 13 Lacs
|Executive MBA (1 year) Course
|Bachelor’s Degree + Work Experience
|Merit/ Entrance Based
|₹ 4 Lacs to ₹ 15 Lacs
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:
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.
The Eligibility criteria might slightly vary from one college to another. But the basic eligibility requirements for MBA Admission course which is demanded by most Colleges are as follows:
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.
|MBA Course Entrance Exams 2024
|Name of the Entrance Exam
|CAT (Common Admission Test)
|Indian Institute of Management
|MAT (Management Aptitude Test)
|All India Management Association
|XAT (Xavier Aptitude Test)
|ATMA (AIMS Test for Management Admissions)
|Association of Indian Management School
|NMAT (NMIMS Management Aptitude Test)
|Graduate Management Admission Council
|SNAP (Symbiosis National Aptitude Test)
|Symbiosis International (Deemed) University, Pune
|(Common Management Admission Test ) CMAT
|National Testing Agency
The curriculum is divided into 4 semesters. Each year consists of 2 semesters in which various MBA Course 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:
|Finance for Non-Finance
|Joy of Management
|Costing Products and Services
|Synthesizing and Analyzing Data using R
|Managing Operations and Supply Chain
|Marketing and Consumer Behaviour
|Human Resource Management
|Excel Spreadsheet Modelling
|Indian Banking and Financial Markets
|Indian Economy in the Global Context
|Marketing of Products and Services
|Managing Stakeholders and Legal
|Financial Reporting and Analysis
|Business Research Methodology
|Managing Financial Resources
|Bringing Ideas to Market
|Macro Economics & Policy
|Data Science Using R and Python
|Management of Design
|Business Model and Intellectual
|Ethics and Indian Ethos
|Integrated Decisions Making
|Leveraging IT for Business
|Corporate Governance and Social
|Applied Business Research Project
|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
|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
|Management Development Institute, 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
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:
|MBA in Finance
|Financial Analyst, Risk & Insurance Manager, Credit Analyst, Treasurer, Finance Manager, Cash Manager, Accounting Manager
|MBA in HR
|Human Resource Manager, HR Generalist, HR Executive, Recruiter
|MBA in Operations Management
|Supply Chain Manager, Logistics Manager, Project Manager, Inventory Control Manager, Operations Manager
|MBA in Information Technology
|Data Processing Manager, Project Manager, Marketing Manager, Analytics Manager, System Manager, Data Processing Manager, Business Development Executive/Manager, IT Manager, Systems Analyst, Information Systems Manager, Business Analyst Product Manager
|MBA in Logistics & Supply Chain Management
|Supply Chain Consultant, Logistics & Transportation Analyst, Warehouse Operations Manager, Demand Planning Analyst, Distribution Center Supervisor, Purchase Manager, VP of Supply Chain Operations
|MBA in Entrepreneurship
|Corporate Supervisor, Sales Manager, Fundraiser & Development Officer, Business Consultant, Small Business Owner
|MBA in International Business Management Course
|Government Affairs Director, Marketing Analyst, Export Manager, Administrative Service Manager, Export Manager, International Finance Manager, International Business Development Manager, Export Coordinator
|MBA in Healthcare Management
|Hospital CFO, Hospital CEO, Hospital Administrator, Healthcare IT Consultant, Pharmaceutical Product Manager
|MBA in Retail Management
|Brand Manager, Sales Manager, Marketing Executive, Store Manager, Product Executive
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:
|MBA Salary in India
|₹ 9.69 L.P.A
|₹ 8 L.P.A
|₹ 5 L.P.A
|Human Resource Manager
|₹ 6.5 L.P.A
|Area Sales Manager
|₹ 8 L.P.A
|₹ 21.52 L.P.A
|Business Development Management
|₹ 6 L.P.A
|Senior Sales Executive
|₹ 4.84 L.P.A
|Human Resource Generalist
|₹ 4.75 L.P.A
|₹ 15 L.P.A
|₹ 6 L.P.A
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 2024
|Name of IIM Colleges
|Average Salary (in Lacs/annum)
|₹ 24.45 L.P.A
|₹ 24.02 L.P.A
|₹ 18.17 L.P.A
|₹ 17.65 L.P.A
|₹ 16.06 L.P.A
|₹ 15.51 L.P.A
|₹ 14.28 L.P.A
|₹ 13.16 L.P.A
|₹ 13.10 L.P.A
|₹ 12.80 L.P.A
|₹ 12.30 L.P.A
|₹ 12.07 L.P.A
|₹ 12.05 L.P.A
|₹ 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 of MBA Course Graduates
|Tata Consultancy Services
|Reliance Industries Ltd.
|State Bank of India
|Larsen & Toubro
|KPMG (Klynveld Peat Marwick Goerdeler)
|Aditya Birla Group
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.
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:
|MBA Course vs PGDM Course
|Master of Business Administration (MBA)
|Post Graduate Diploma in Management (PGDM)
|PGDM is a Diploma
|The course is approved by AICTE, MHRD, and the Government of India. The university offering an MBA course must be UGC-approved.
|The course is also approved by AICTE, MHRD, Government of India.
|The curriculum is designed by the University and the basic syllabus of the MBA program remains similar across most universities and is not altered or changed frequently.
|The curriculum of the PGDM Program is designed by the Institute individually and the curriculum can be regularly changed as per industrial requirements.
|The program aims to impart theoretical and technical knowledge of Business and Management.
|PGDM Course has a practical approach to teaching you market-oriented skills.
|Most government and private universities offer an MBA degree program. The course fee is lower than a PGDM Course.
|PGDM courses are mostly offered by autonomous institutes demanding a high course fee.
|The duration of a PGDM Course is also 2 years
|A minimum of 55% is required to apply for a Doctoral course (Ph.D.)
|A minimum of 55% is required in a PGDM Course to apply further for a PhD course.
|Exams are conducted by the University.
|The Institutions must be AICTE-approved to conduct the examinations
|Top Entrance examinations: CAT, MAT, XAT, ATMA, MAH-CET, TSICET, etc.
|Top Entrance Examinations: CAT, MAT, CMAT, XAT, MAH-CET, etc.
|Top Colleges- XLRI Jamshedpur, MDI Gurgaon, IMT Ghaziabad, GIM Goa, etc.
|Top Colleges - FMS Delhi, NMIMS Mumbai, Symbiosis Institute of Business Management, Pune, etc.
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 is 2 years.
Ques. What is the Eligibility of an MBA Course?
Ques. Which are the Top 5 MBA College Name in India?
Ans. These are the top 5 MBA colleges in India:
Ques. Which stream is best for an MBA Course?
Ans. Commerce is the best stream for MBA but you can pursue this program irrespective of the stream you have opted for in 10+2.
Ques. Which is better, an MBA Course or a 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 an MBA Course?
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 Course 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 after Diploma courses. To pursue an MBA course you must hold a 3-year graduation degree along with a 12th passing certificate.
|Online MBA Course
|Merchant Navy Courses After 12th
|A Level Course
|Short Term Courses After 12th
|Pilot Courses After 10th
|Distance LLB Course
|ITI COPA Course
|Merchant Navy Courses After 10th
Copyright @2024.www.collegedisha.com. All rights reserved