All About MBA – Admission, Full form, Courses, Exams, Eligibility, Scope, Jobs
What is MBA? – MBA Full Form
MBA Full Form is a Master of Business Administration. MBA is a two-year postgraduate program that teaches about business aspects such as finance, management skills, technical skills, and leadership skills. It creates an opportunity for students to grab top jobs in the world. It is one of the most popular programs in India and abroad.
- Students from any stream can pursue an MBA program.
- A one-year course in Business Administration is a Post Graduate Diploma in Management (PGDM).
- An MBA program is generally a four-semester (two-year) course.
- An MBA program is offered in three modes: Regular, Part-Time, and Distance Mode.
- Candidates with prior work experience of 5-10 years can pursue the Executive MBA program.
- Many institutes offer Post Graduate Programme (PGP) instead of MBA courses which is the same.
MBA Eligibility
Candidates who wish to pursue an MBA course should fulfill the following criteria:
- Candidates must have passed a Bachelor’s degree from a recognized university.
- Candidates must acquire 50% marks in graduation to become eligible.
- Candidates who are in the final year of graduation can apply for the MBA program.
- Candidates must pass the entrance exam for applying to the college/university.
MBA Admission
For MBA Admission Candidates need to appear for an MBA Entrance exam to pursue an MBA course at top B-Schools. An MBA entrance exam is conducted at the National and State level.
Related – Admission Process in Top MBA Institutes in India
National level MBA entrance exams are
- CAT
- ATMA
- MAT
- CMAT, etc.
State-level MBA entrance exams are
- KMAT
- TANCET
- OJEE
- MAH CET,
- APICET, etc.
- Some institutes also conduct their MBA exams like XAT, SNAP, NMAT, IBSAT, etc.
- Generally, after clearing the written entrance exam, candidates need to appear for Group Discussion and Personal Interview.
MBA Entrance Exam
MBA entrance exams in India that will take the candidates to study in one of the top B-Schools.
| CAT | XAT | CMAT |
| ATMA | MAT | SNAP |
| NMAT | MAH CET | IBSAT |
| TSI CET | KMAT | KIIT MBA |
Read more – Top MBA entrance exams in India
MBA Courses and Specialisations
Colleges/Institutes in India offers Master of Business Administration (MBA) in various specializations. Candidates can also take admission in Post Graduate Diploma in Management (PGDM) or Post Graduate Programme in Management (PGPM) which is offered for one year.
MBA Specializations:
| Sales | Public Policy |
| Marketing | Transport & Logistics |
| Finance | Import & Export |
| International Business | IT & Systems |
| Product | Retail |
| Business Analytics | Oil & Gas |
| Human Resources | Energy & Environment |
| Operations | Rural Management |
| Infrastructure | Supply Chain |
| Advertising | Business Economics |
| Digital Marketing | Healthcare & Hospital |
| Entrepreneurship | Forestry |
| Telecom | Textile Management |
| Pharma | Material Management |
| Sports Management | Agriculture & Food Business |
| Disaster Management | NGO Management |
| Hospitality | |
MBA Subjects
An MBA course is offered for a duration of two years. In the second year, students are taught core subjects. Following are some of the subjects’ semester wise:
Semester I
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Semester II
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Semester III
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Semester IV
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MBA Top Colleges Location Wise
Delhi:
- International Management Institute
- Management Development Institute, Gurugram (Delhi-NCR)
- Fore School of Management
- Lal Bahadur Shastri Institute of Management
- Indian Institute of Foreign Trade
Mumbai:
- S. P. Jain Institute of Management & Research
- Indian Institute of Technology
- NMIMS
- Jamnalal Bajaj Institute of Management
- K J Somaiya Institute of Management
Related – Top MBA Colleges in Maharashtra
Ahmedabad:
- Indian Institute of Management
- Mudra Institute of Communications (MICA)
Related – Top MBA Colleges in Ahmedabad
Calcutta:
- Indian Institute of Management
- IFMR Graduate of Business
Related – Top MBA Colleges in Kolkata
Bangalore:
- Indian Institute of Management
- Institute of Business Management & Technology
- IFIM Business School
Related – Top MBA Colleges in Bangalore
Hyderabad:
- ICFAI Business School
- Osmania University
- Institute of Public Enterprise
Know all about Top MBA colleges in India
MBA Jobs and Career Opportunities
After completing an MBA course, candidates are hired as Managers in a company who are responsible for planning, executing, coordinating, financing, strategizing, and leading several people.
Job Prospects with Salary offered:
| Job Positions | Average Salary in INR |
| Sales Manager | 10 – 12 lakhs per annum |
| Finance Manager | 9 – 10 lakhs per annum |
| Human Resource Manager | 4 lakhs per annum |
| Product Manager | 15 – 16 lakhs per annum |
| Project Manager | 13 – 15 lakhs per annum |
| Telecom Manager | 7 lakhs per annum |
| International Business Manager | 9 – 11 lakhs per annum |
| Digital Marketing Manager | 4 – 5 lakhs per annum |
| Operations Manager | 7 lakhs per annum |
| Marketing Manager | 10 lakhs per annum |
| Infrastructure Manager | 10 – 11 lakhs per annum |
| Risk Manager | 10 lakhs per annum |
| IT & Systems Manager | 7 lakhs per annum |
Scope of MBA
MBA graduates get a good opportunity and get hired in top companies. Freshers get an average salary of INR 6 -7 lakhs per annum. Some companies even hire candidates for an average placement of INR 10 -15 lakhs per annum. Candidates can work for MNCs, start-ups, or government organizations.
Top Companies:
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MBA FAQs
Q1: What are the top national entrance exams for MBA admission?
A: You can appear for CAT, MAT, ATMA, CMAT, or XAT exam.
Q2: What is the next procedure after clearing the CAT written exam?
A: Candidate who clear CAT exam need to appear for WAT (Written Ability Test) & PI (Personal Interview).
Q3: I want to pursue an MBA while doing a job, what are the options for me?
A: You can take admission in an MBA course through correspondence mode.
Q4: What is the difference between MBA & PGDM?
A: MBA full form is Master of Business Administration which is for a duration of two-years. PGDM stands for Post Graduate Diploma in Management which is offered for a duration of one year.
Q5: What are the top MBA colleges in India?
A: Top MBA colleges are the Indian Institute of Management (IIM), SPJIMR, FMS, MDI, IIT, NMIMS, XLRI, etc.
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