2 Years
Post Graduate
Management
Full Time
About
Course
Master in Business Studies is a two-year postgraduate program that
focuses on the study of cutting-edge theory in research. Students can choose
from a variety of MBS specializations to gain an in-depth understanding of
business studies through the MBS course. Financial Manager, Business Analyst,
Financial Advisor, HR Manager, Management Analyst, etc. are all MBS careers
that are available after graduation.
In
addition to offering candidates a variety of subject combinations, Master in
Business Studies courses are made up of many different artistic fields. The MBS
curriculum provides students with thorough instruction and covers all pertinent
field-related topics. Master of Business Studies is indicated by the full name
MBS.
Typically,
MBS programs last two years. Company studies are concerned with the complex web
of commercial and industrial company activity. Business economics, business
law, business ethics, export marketing, and other topics are among those
studied in this course.
The MBS program is available to those who want to pursue a career in business studies. Depending on the nature and style of the MBS course, aspirants can launch their careers in a variety of industries, including business finance & accounting, business economics, business law, business ethics, and export marketing, to mention a few. Anyone interested in a career in business studies research is eligible for the MBS program.
Course
Highlights
Check all the important details about the Master in Business Studies from the table given below:
| Particular | Value |
| Course Name | Master in Business Studies |
| Course Level | Postgraduate |
| Course Duration | 2 Years |
| Eligibility Criteria | Graduation Degree With 50% Pass |
| Entrance Exams | Entrance exams like CAT, MHT, CET, CMAT, GMAT |
| Admission process | Entrance Exam + Group Discussion + Personal Interview (GD-PI) |
| Examination Type | Semester based |
| Age | No age limit |
| Average Annual Fees | INR 50,000-2,00,000 |
| Average Annual Salary | INR 3,00,000-9,00,000 |
| Top recruiters | TCS, Infosys, Wipro, Accenture, Amazon, Apple, Cognizant, etc |
| Job Profiles | HR Manager, Finance Manager, Management Analyst, Business Analyst, etc |
Why
study Master in Business Studies?
A
master's in Business Studies can
improve your chances of finding a job. The most typical purpose is to stand out
in a crowded market. More workers than ever before have undergraduate degrees,
and competition for the most desirable positions is fiercer than ever. Although
having work experience is always beneficial, a master's degree might make you
stand out even more.
(i). Master in Business Studies will assist students to develop the practical
abilities of time management, critical thinking, and writing technique.
(ii). Business specialization
shows dedication to your job. Other master's degrees are a great way to focus
on interests you have outside of your field of study, and many of them are
valued by employers.
(iii). Master's in business are adaptable. The majority of occupations include some type of "business," and a business degree will teach you a lot of transferrable abilities.
Admission
Process
Each
year, the institutions organize their entrance exams. Also, some institutions
use the CAT or similar exams as a reference point for the direct admission of students.
The entrance exams administered vary from university to university.
Types
of Master in Business Studies
The Master in Business Studies offers full-time, part-time, and
distance learning alternatives for candidate follow-up. The following publications
are listed below
(1). Distance or Online
Postgraduate: Master in Business Studies in India is designed for those who
are unable to attend regular sessions; One of the most popular alternatives is
online MBS.
(2). Full-Time:
The postgraduate course in Business Studies lasts two years and has the
advantage of allowing students to accelerate the learning process and
significantly improve their skills.
(3). Part-time: The postgraduate program is designed for professionals who are currently employed and cannot take time off for full-time study. A part-time postgraduate course in Business Studies is a great advantage.
Eligibility
Criteria
The
eligibility criteria for a Master in Business Studies are simply as follows:
1.
The candidate must have a degree in any field.
2.
The student must achieve at least 50% of the points from 10+2+3.
3. The last year students still awaiting results may also apply.
Admission
process
Admission
to the Master in Business Studies is based
on both the entrance exam and the achievements made. Below is the recruitment
process for this:
(i).
The university's admissions office has offline and online application options
for the Master in Business Studies degree
programs. Before granting admission, some universities interview potential
students to assess their communication abilities.
(ii). Candidates for the Master of Business Studies program should have all necessary paperwork, such as transcripts and identification confirmation, before the entrance exam.
Accepted
Entrance Exam
Below is the list of some of the entrance exams for the Master in Business Studies:
| TOEFL | PGAT |
| IELTS | DDU |
| CAT | HSEE |
Skills
Required
A Master in Business Studies is a program designed to enhance your skills and knowledge in the areas of Business Studies. Here are some common skills and competencies that are typically beneficial for pursuing a Master's in Business Studies:
| Creativity | Innovation | Leadership |
| Observation skills | Communication skills | Problem-solving |
| Analytical and Critical thinking skills | Time management | Decision-making skills |
| Interest in Information Technology | Team Work | Leadership skills |
Fee
Structure
The
fee Structure for the Master in Business Studies is listed below:
| Name of College | Average Annual Fee(INR) |
| Indian Institute of Management, Ahmedabad | INR 23,00,000 |
| Indian Institute of Management, Bangalore | INR 23,00,000 |
| Indian Institute of Management, Calcutta | INR 25,00,000 |
| Xavier School of Management, Jamshedpur | INR 25,00,000 |
| Indian School of Business, Hyderabad | INR 35,00,000 |
| Faculty of Management Studies, University of Delhi | INR 25,000 |
| Indian Institute of Foreign Trade, Delhi (IIFT) | INR 16,00,000 |
| SP Jain Institute of Management and Research, Mumbai | INR 17,00,000 |
| Indian Institute of Management, Lucknow | INR 19,00,00 |
| Jamnalal Bajaj Institute of Management Studies, Mumbai | INR 6,00,000 |
| Indian Institute of Management Indore | INR 16,00,000 |
Selection
Criteria
The selection process for this course is students must complete a degree with 50% and also they have to clear the entrance test. Some colleges conduct interviews for this course. After this process, students who have been selected will get an email from that university.
Course
Comparison
Master in Business Studies v/s Master of Business Administration
| Parameter | Master in Business Studies | Master of Business Administration |
| Course Name | Master in Business Studies | Master of Business Administration |
| Course Overview | Master in Business Studies is a two-year postgraduate program that focuses on the study of cutting-edge theory in research. Students can choose from a variety of MBS specializations to gain an in-depth understanding of business studies through the MBS course. | MBA is the most popular PG course, Many graduates today choose to pursue MBA. It is necessary for the majority of managerial roles in all fields. Enterprise has highlighted the need for MBA |
| Duration | 2 years | 2 years |
| Eligibility | Candidates should be 50% in degree. | Graduates with 50%. |
| Entrance Exams | TOFEL, IELTS, etc | CAT, MAT, XAT, CMAT, NMAT, ATMA, etc |
| Average Annual Fees | INR 50,000-2,00,000 | INR 2,00,000-28,00,000 |
| Top Colleges | RTMNU, Central India Institute of management studies, etc | Indian Institute of Management, Ahmedabad, Indian Institute of Management Calcutta, etc |
Top
Colleges
Some of the top colleges for the course of Master in Business Studies are listed below:
| Name of College | Average Annual Fee(INR) | Location |
| Indian Institute of Management | INR 23,00,000 | Ahmedabad |
| Indian Institute of Management | INR 23,00,000 | Bangalore |
| Indian Institute of Management | INR 25,00,000 | Calcutta |
| Xavier School of Management | INR 25,00,000 | Jamshedpur |
| Indian School of Business | INR 35,00,000 | Hyderabad |
| Faculty of Management Studies | INR 25,000 | University of Delhi |
| Indian Institute of Foreign Trade | INR 16,00,000 | Delhi (IIFT) |
| SP Jain Institute of Management and Research | INR 17,00,000 | Mumbai |
| Indian Institute of Management | INR 19,00,00 | Lucknow |
| Jamnalal Bajaj Institute of Management Studies | INR 6,00,000 | Mumbai |
| Indian Institute of Management | INR 16,00,000 | Indore |
Job
& Placements
Job
Profile
| Job Profile | Job Description |
| Project Manager | As a Project Manager, you have to take complete responsibility for the project. You lead project teams, coordinate tasks and ensure the success of the project. |
| HR Manager | By developing employee interactions and human resources policies, programmes, and practises, an HR manager improves the organization's human resources. |
| Project Coordinator | As a project coordinator, you support project managers in planning and organizing projects. They are involved in activities such as planning, budget monitoring, documentation, and communication with stakeholders. |
| IT Project Manager | As an IT project manager, you would be responsible for overseeing the planning, execution, and delivery of technology projects within an organization. Your role would involve managing resources, budgets, and timelines, and ensuring the project aligns with the organization's goals. |
| Technology Consultant | As a technology consultant, you would work with clients to identify their business needs and provide strategic guidance on technology implementation. You would help organizations leverage technology effectively to achieve their goals and solve business challenges. |
| Quality Manager | Quality managers ensure that project results meet established quality standards. You will develop quality assurance plans, conduct audits and implement corrective actions to maintain the high quality of project deliverables. |
| Sourcing Manager | In this role, you will be responsible for project sourcing including supplier selection, contract negotiation, and supplier management. |
| Management Analyst | Management analysts acquire and organise data on the issue at hand or the process that needs to be changed, speak with relevant parties and observe the situation firsthand to ascertain the appropriate approaches, tools, and individuals. |
Top Recruiters
Listed here some of the top recruiters who hire Master in Business Studies are listed below:
| Reliance Industries Limited | Accenture | Accenture |
| HDFC Bank | ICICI Bank | |
| Tata Consultancy Services | Deloitte | Deloitte |
| Microsoft | Cognizant | Infosys |
Average
Salary
Below are job profiles with approximate salaries:
| Job Role | Average Annual Fee(INR) |
| Project Manager | INR 7,70,000 |
| HR Manager | INR 6,00,000 |
| Technology Consultant | INR 8,00,000 |
| Quality Manager | INR 6,78,000 |
| Sourcing Manager | INR 7,00,000 |
| Management Analyst | INR 5,00,000 |
Career/Scope
The spectrum in the field of
management is so vast that earning a master’s degree in management opens the
door to a wide range of high-paying and professional employment opportunities
not only in India but in other countries as well. Students can find many
prestigious jobs in the best national and international companies (MNCs).
Career
options after Master in Business Studies
Upon successful completion of
the course, candidates can earn an attractive and unmatched annual salary of
around INR 60,000,000 or even more. There is great growth and opportunity for
graduates in Management
The candidate
can also choose the title of Master in Business
Studies and some of the other career options are listed below:
1. Project Manager.
2. Project Coordinator.
3. Project Analyst.
4. Data Analyst.
5. Quality Manager.
6. IT Project Manager.
7. HR Manager.
Scope for Higher Education
Students should choose the MBA after
the MBS if they want to acquire practical knowledge in addition to theoretical
knowledge. Also, completing an MBA after an MBS
can increase salary as an MBA graduate earns a higher salary than an MBS
graduate. MBS graduates were also able to obtain a doctorate after completing
their master's degree.
Skills
that make you the Best Master in Business Studies
To
excel as a Master in Business Studies graduate, many skills are required that
will help to increase the individual learning curve and boost a practical
approach that must be inculcated in the continuous learning environment.
(i).
Communication skills
(ii). Interpersonal skills
(iii). Leadership skills
(iv). Problem-Solving skills
(v). Analytical skills
(vi). Listening skills
FAQs
(1). What
is a Master in Business Studies?
Ans. Master in Business Studies is a two-year postgraduate program
that focuses on the study of cutting-edge theory in research. Students can
choose from a variety of MBS specializations to gain an in-depth understanding
of business studies through the MBS course.
(2). What is the expected
salary for a Master in Business Studies?
Ans. The expected salary for a Master in Business Studies graduate is around INR 3,00,000-9,00,000 per annum.
(3). What
are the eligibility criteria for admission to the Master in Business Studies?
Ans. The eligibility standard for a Master in Business Studies is that applicants have to have finished a degree with 55%.
(4). What
is the admission process for a Master in Business Studies?
Ans. The admission process for a Master in Business Studies is both merit-based and entrance based.
(5). What
is the average fee for a Master in Business Studies?
Ans. The average fee for a Master in Business Studies graduate is around INR 50,000-13,00,000 per annum.
(6). What are the top entrance examinations for the Master in Business
Studies?
Ans. CAT, MHT, CET, CMAT, and GMAT are some of the top entrance examinations for a Master in Business Studies.
(7). What
are some of the best colleges for this course program?
Ans. The best Colleges for this program are the Indian Institute of Management,
Ahmedabad, the Indian Institute of Foreign Trade, Delhi (IIFT), and Jamnalal
Bajaj Institute of Management Studies, Mumbai.
(8). What are
some of the most popular job profiles for a Master in Business Studies?
Ans. Popular job profiles for this course are HR Manager, Finance Manager,
Management Analyst, Business Analyst, etc.
(9). What
are the top recruiters of the Master in Business Studies?
Ans. Deloitte,
Cognizant, Infosys, Google, Accenture, ICICI Bank, etc are some of the top recruiters of
Master in Business Studies.
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