MBA (Masters of Business Administration)

  • course years 2 Years
  • type of course Post Graduate
  • course stream Management
  • course type Full Time

MBA: Full-Form, Admission Process, Eligibility, Exams, Syllabus, Fees, Jobs, Top Colleges, Other Specializations

MBA stands for Master of Business Administration. It is a Post-graduate 2-year professional degree, to develop skills and knowledge in Business Administration & Management or to start and manage your own businesses. The MBA Programme involves real-world business cases. The main motive for designing the MBA course is to prepare for leadership qualities or teamwork in the business world students in various industries because companies are looking for operational thinking, innovation, decision-making, and strategic vision abilities as keys to success that are only taught in MBA courses and Top MBA Colleges in India. Thus, MBA provides career development services, including workshops, interview preparation, job placement resources, and internships with networking events to help students with the workforce.

MBA Programs are modified to Full-time MBA, Part-time MBA, Online MBA, Executive MBA (abridged coursework typically occurring on nights or weekends, specifically structured for and targeted towards corporate executives and senior managers already in the workforce), and distance teaching students with specialized concentrations.

The eligibility for the MBA course is graduates (BA, B.Com, B.Tech., B.Sc., etc.) in any field with minimum 50% marks (45% for SC/ST category) or an equivalent CG-PA in any field from a recognized university, it also is followed under 10+2+3 or 10+2+4 pattern in any field, with at least 50% marks or An honors’ degree under 10+2+4 pattern from a recognized university under UGC Act including languages, final year graduating students can also apply for admission as provisional.

An essential qualification for admission into Top Universities’ and College in India for MBA Entrance Exams, are conducted by the respective institutes, which also frame the selection criteria accordingly at three levels; National level, CAT, XAT, CMAT (Once a year), GMAT (appointment based), NMAT (3 times in a year) and at State Level MAH CET, TSICET, UPSEE, TANCET, KMAT, KARNATKA PGCET (Once in a year) and at University/College Level IIFT, SNAP, IGNOU OPENMAT, PUCAT, UPESMET, BMAT, HPU MAT, SPSAT, etc. To pursue an MBA in various specializations. Top 5 MBA Colleges.

An MBA degree assists in molding the soft skills needed to flourish in management professions. The Top 10 NIRF 2023 MBA ranking as IIM Ahmedabad, the fourth year in a row, topped the NIRF list of MBA institutions. Six IIMs for the Top 10 in the National Institutional Ranking Framework (NIRF) Rankings were revealed on June 5, 2023, by the Minister of State for Education and External Affairs, The Top 4 positions were gained as IIM AhmedabadIIM BangaloreIIM Kozhikode, and IIM CalcuttaIIM Delhi was placed 5th, and IIT Bombay ranked 10th. Among non-IIM/IITs, the National Institute of Industrial Engineering, Mumbai, and XLRI-Xavier School of Management placed in the Top 10 MBA Colleges in India according to NIRF 2023 - IIM Ahmedabad, IIM Bangalore. IIM Kozhikode, IIM Calcutta, IIT Delhi, IIM Lucknow, NITIE Mumbai, IIM Indore, XLRI Jamshedpur, IIT Bombay, etc.

The MBA program covers various areas like business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial, Economics, management marketing, entrepreneurship, supply-chain management, & operations management relevant to management analysis and strategy, etc. The heart of any MBA curriculum is Management training, which focuses on leadership, planning, business strategy, organizational behavior, and human sides of running a large or small business.

An MBA is good for two primary purposes. Business professionals first obtain an MBA that improves the candidate's skill set. And on the other hand, the benefit of an MBA is a higher degree of desirability with one's employer. From Marketing to Tourism, Education, and Healthcare, every economic sector today needs qualified managers. For that, various Professional Post-graduate MBA jobs like Finance Manager, Marketing Manager, Media Planner, Product Manager, Sales Manager, HR Manager, etc., as jobs, profits are available.

MBA salary in India is INR 7–8 lakh and the average MBA salary in India per month ranges from INR 7 lakh to INR 15 lakh, depending on the industry and experience. Top MBA colleges in India, like IIMs, place students after an MBA, and salaries range from INR 70 lakhs to 1 crore. After the MBA, jobs and salaries will differ based on the designation, as Regular MBA Starting MBA Salary in India (Rs 3.5 LPA), Distance MBA (INR 4 LPA, Online MBA (INR 5 LPA), Executive MBA (INR 4 LPA).

Highlights - MBA Course Details

MBA is a two-year degree course that can be pursued only after completing graduation. Below is the table indicating the key highlights of the MBA course:

ParticularsValue
Course NameMBA
Full-FormMaster of Business Administration
Level of DegreePost Graduate
Types of MBA CoursesFull-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA, Integrated MBA
Duration of degree2 Years
Exam TypeSemester based
AgeNo specific age limit
Subjects RequiredHonours or Graduate's degree recognized by UGC
MBA Admission Process
Entrance Exam+ Group Discussion+ Personal Interview
MBA Eligibility Criteria50% in Graduation
MBA Entrance ExamsCAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT, SNAP, TISSNET, GMAT
Selection ProcessEntrance Exam & Merit-Based (Private Colleges)
MBA Average Fees
INR 2 lakh to 27 lacs and above
Average Salary post-MBA
INR 5 lakh to 25 lacs per annum
MBA Job Profiles
HR Manager, Marketing Manager, Business Development Manager, Operations Manager, Business Analyst (IT), Senior Business Analyst, Financial Analyst, SAP Consultant, Marketing Executive, etc.
Top MBA Specialization in IndiaSales, Marketing, Finance, Human Resources, IT, Operations, Digital Marketing, Business Analytics, Healthcare Management, etc.
Similar Options of StudyPGDM
MBA Scholarships
IDFC First Bank MBA Scholarship, Aditya Birla Scholarship, Yes Bank scholarship, India Carbon Scholarship, P.R. Karthik Scholarship
Top Colleges in IndiaIIM Ahmedabad, IIM Indore, IIM Bangalore, FMS Delhi, IIM Calcutta, IIM Kozhikode, IIM Lucknow, SPJIMR Mumbai, XLRI, etc.
Top RecruitersBoston Consulting Group, Mckinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young, and Deutsche Bank.

What is a Master of Business Administration?

Master of Business Administration (MBA), a Professional master's degree is directly based on theoretical and practical training for business principles, upgraded leadership skills, and enhancing marketability as a professional. MBA program covers finance, marketing, operations, strategy, human resources, and entrepreneurship including a wide range of business and administration-related subjects.

MBA program is pursued on a full-time, part-time, Distance-based basis, or an online basis. A regular or Full-time MBA is a two-year course that is divided into four semesters, but some private universities and colleges offer one-year postgraduate programs MBA regular courses include theory classes, practical projects, student exchange programs, experiential learning, summer internships, and final job opportunities.

Admission to MBA programs requires a bachelor's degree, work experience, and Entrance test scores, a letter of recommendation, or a personal interview from recognized universities and Colleges. The curriculum includes a combination of classroom lectures, case studies, group projects, practical experiences, etc. for getting a well-rounded education in the business and management field.

What is an MBA Course?



Why Choose an MBA Course?

Pursuing an MBA from recognized Universities and colleges; Candidates are able to gain awareness of Global Marketing, Communicate with professionals build relationships, business partnerships, and networks for mutual long-term benefits, to navigate the complexities of the business world. The MBA degree seems to open the doors for higher-level manageable and leadership positions, with increased responsibilities and opportunities. However, the MBA course is designed to provide well-rounded business strategy educations that contribute to professional success.

ASPECTDESCRIPTION
Global Career GrowthHaving a management degree opens opportunities for an employee, as the career prospects for MBA graduates, as they can demonstrate their capabilities and stay tuned on top of emerging trends and technologies.
Removes the entry barriersAn MBA degree also requires prior conditions for advancement in some industries; Many organizations have made a policy that they will hire only candidates with an MBA at the entry levels called Management trainees.
Career TransformationCompleting your MBA in your own choice specialization opens the doors for new and better career opportunities.
High demand for an MBAWith the Hiring Trends & projection report, the hiring projections remain strong for an MBA Degree Holder related to old trends, it’s the constantly demanded Degree by graduates.
Subject specializationMost top-tier MBA programs also ask students to choose one or two specializations within their MBA program including Accounting, Decision, Risk, and Operations, Entrepreneurship, Family Business Program, Media and Technology, Private Equity, Real Estate, Retail and Luxury Goods, Finance, Healthcare and Pharmaceutical Management, Leadership and Ethics Management, Marketing, Social Enterprise, etc.
Networking opportunities and Entrepreneur abilitiesWith an MBA Degree, students get to meet and interact with industry leaders in the corporate world to gain entrepreneurship skills for Being your own boss
Overall Personality Development and Boosts confidenceAn MBA graduate almost becomes a new person after completing their degree as a new outlook on life and the business world comes which helps to overcome this problem, through knowledge and practice.
No age limitAge does not matter; a management degree is likely a seminal experience that is needed for leadership roles in your career.

MBA Eligibility Criteria

The MBA (Master of Business Administration) eligibility criteria vary from one college to college, but there are some common requirements that prospective students must meet. Meeting the eligibility criteria for a Master of Business Administration is the first step towards pursuing an MBA program and ensures that candidates have the necessary foundation to excel in their studies.

Full-time MBA eligibility criteria are as follows:

(i). The basic eligibility criteria for an MBA (full-time) is graduation in any discipline or equivalent from a recognized university.

(ii). Most of the institutes follow the minimum score criteria for Graduation which is 50% on average or equivalent.

(iii). For Reserved category students, the minimum score is 45% in aggregate.

(iv). Final year graduates are also eligible to apply for the MBA, provided they present the proof of completion of the Graduation degree within the duration specified by the institute.

(v). Professionals with CA/CS/ICWAI and other qualifications can also obtain an MBA

MBA Admission Process

Many programs base their admission decisions on a combination of undergraduate grade point average, academic transcripts, entrance exam scores (for example, the GMAT or the GRE test score), a résumé containing significant work experience, essays, letters of recommendation, group discussions, and personal interviews. Some schools are also interested in extracurricular activities, community service activities, or volunteer work and how the student can improve the school's diversity and contribute to the student body as a whole.

MBA Admission takes place through Entrance exams. MBA colleges accept multiple entrance exams for Admission. In this way, students have the opportunity to pass more entrance exams and present the evaluation form with the best scores.

Exam TypeExam NameDescription
Institute-Level TestsXAT, NMAT, SNAP, IBSATThe tests are conducted by a specific college for Admission to their MBA courses. Sometimes these scores may be accepted by other MBA Colleges in India as well.
State Level TestsMAHCET, OJEE, KMAT, TANCET or APICETConducted by a state body or top B-school of a state conducting the exam for all participating colleges in a state.
National Level TestsCAT, MAT, CMAT, ATMAConducted by 1 apex body or a top national-level institute on behalf of many other participating colleges.

MBA Entrance Exams

A candidate's ranking in the entrance exams determines their admission to the Top MBA colleges in India. There are different forms of MBA entrance exams. Some help applicants gain admission to colleges nationwide, some help statewide, and some colleges arrange some for MBA admissions. Following are the entrance exams conducted at the national and university level for MBA courses:

MATMAH CET
GMATSNAP
TANCETIIFT
XAT
NMAT
ATMACAT
CMAT

Skills Required for MBA

A manager is expected to lead a team of professionals, so the most important skills for a successful manager are good leadership and communication skills. Check out some of the required skills for an MBA below:

Strong mathematical skillsEye for detail
Research-OrientedGoal-oriented & able to work under pressure
Analytical ThinkingLeadership Qualities
Problem-solving SkillsBusiness Acumen
Managerial SkillsGood communication skills
Learning SkillsDecision-Making Skills

MBA Fee Structure

Over 6,500 business schools are offering MBA courses in India.MBA fees vary from institution to institution. Average MBA course fees range from 3 LPA to 30 LPA. Below is the MBA fee structure of top colleges:

Name of CollegeTotal Fees (INR)
IGNOURs. 50,000 PA
Amity UniversityRs. 5 LPA
IIM KozhikodeRs. 19 LPA
Symbiosis UniversityRs. 4 LPA
IIT DelhiRs. 3.50 LPA
IIM BangaloreRs. 23 LPA
IIM AhmedabadRs. 23 LPA
Chandigarh UniversityRs. 2 LPA
LPURs. 3 LPA
IIM CalcuttaRs. 23 LPA
IIM Indore21 LPA
NMIMSRs. 3.5 LPA

Selection Criteria for MBA Course

After the written test, special group meetings and personal interviews are organized for the formation of the final ranking of the candidates. Once all assessments are completed, colleges or universities communicate and publish the merit list of the selected candidates based on a written test, a group discussion, and an individual interview.

The final allocation of places to applicants will follow the admissions process. The candidate will have to pay the course fees and register for the respective academic year.

Top MBA Specializations

The MBA program aims to give students experience in a range of industries. It is typically divided into two sections, the first of which concentrates on specialization and the second of which concentrates on general management or business administration. Students often have the option of choosing between core and elective programs in their first and second years.

MBA in Information TechnologyMBA in Biotechnology Management
MBA in Communication ManagementMBA in Data Analytics
MBA in Agriculture & Food BusinessMBA in Business Analytics
MBA in Event ManagementMBA in Digital Marketing Management
MBA in Aviation ManagementMBA in Business Economics
MBA in Fashion DesigningMBA in Disaster Management
MBA in Banking & Finance ManagementMBA in Communication and Media Management
MBA in Computer ApplicationMBA in Entrepreneurship
MBA in Environmental ManagementMBA in Hospital Administration
MBA in Banking and InsuranceMBA in Retail Management
MBA in FinanceMBA in Hotel Management
MBA in International BusinessMBA in Hospitality Management
MBA in Finance & AccountingMBA in Human Resource Management
MBA in Laboratory ManagementMBA in Corporate Social Responsibility
MBA in Healthcare & Hospital ManagementMBA in Information Technology
MBA in Logistics and Supply Chain ManagementMBA in Disaster Management
MBA in Marketing ManagementMBA in Petroleum and Oil Gas Management
MBA in Pharmaceutical ManagementMBA in Project Management

Types of MBA Courses


Owing to the high demand for MBA, various types of MBA have emerged, each focusing on a distinct sort of student. Working individuals or those engaged in some kind of employment can pursue an MBA branch such as an Executive MBA, a Distance MBA, or an Online MBA.

Different types of MBA courses are available in various specializations such as MBA HR, MBA Finance, MBA IT, etc. The various types of MBAs are mentioned below:

Part-Time MBA

The Part-time MBA program is the best program for working professionals. It is not a residential program. Anyone wishing to improve their management skills can opt for this program. Many private and public universities offer Part-Time MBA Courses. The annual MBA course fee can range from INR 1 lakh to around 10 lacs. The MBA program is slightly different from that of the regular course.

Part-time MBA Specializations
Part-Time MBA in FinancePart-time MBA in Marketing Management
Part-Time MBA in HR ManagementPart-Time MBA in Hospitality Management
Part-Time MBA in IT ManagementPart-Time MBA in Banking and Finance
Part-Time MBA in Data SciencePart-Time MBA in Operations Management
Part-Time MBA in Business AnalyticsPart-Time MBA in Healthcare Management
Part-Time MBA in International BusinessPart-Time MBA in Project Management
Part-Time MBA in Financial MarketsPart-Time MBA in Retail Management
Part-Time MBA in Banking Financial InsurancePart-Time MBA in Hospital Administration
Part-Time MBA in International Trade ManagementPart-Time MBA in General Management
Part-time MBA in Investment Banking Equity ResearchPart-Time MBA in International Finance
Part-Time MBA in HR AnalyticsPart-Time MBA in Digital Entrepreneurship
Part-Time MBA in Infrastructure ManagementPart-Time MBA in Banking and Insurance
Part-Time MBA in International MarketingPart-Time MBA in Blockchain
Part-Time MBA in Quality ManagementPart-Time MBA in Agribusiness
Part-Time MBA in Digital MarketingPart-Time MBA in Business Management
Part-Time MBA in Power ManagementPart-Time MBA in Sports Management
Part-Time MBA in Waste Management

One-Year MBA

One-year MBAs are designed for professionals who don't want to leave their jobs to pursue an MBA. The MBA duration of this course is 1st year. Institutions can also run One-year MBA programs in different specializations, such as one-year MBA funding. A one-year MBA program is suitable for candidates who wish to study the MBA for working professionals and do not wish to pursue a full-time 2-year residential MBA program.

Full-Time MBA

This is a regular two-year Full-time MBA course offered by most BS schools in India. Candidates can discover the classroom environment for theoretical courses, internships, and projects based on practical knowledge. Approximate MBA course fees for any two-year full-time course start from INR 2 Lakh and can exceed up to INR 25 Lakh, per year. The MBA course fees of the top three IIMs (Ahmedabad, Bangalore, and Calcutta) are around Rs 23 lakh. The program is divided into 4 or 6 semesters depending on the MBA major and the college.

Executive MBA

Executive MBA is a Part-Time MBA program designed for working professionals with significant work experience. The duration of the MBA in Executive format is 1 year. The Executive MBA course is useful for managers, entrepreneurs, technocrats, and other business leaders and has a strong emphasis on teamwork and achieving a common goal. Executive MBA is the Best MBA for professionals who want to take their careers to the next level.

Online MBA

The Online MBA is the most advanced course in the industry. UGC-approved Part-Time MBA. The duration of the MBA in the online format is 1 to 4 years. Online MBAs are flexible courses offered by Indian and foreign business schools for students who want to study MBA for professionals and students who do not wish to pursue a regular full-time 2-year MBA.

Online MBA Specializations
Online MBA in FinanceOnline MBA in Marketing Management
Online MBA in HR ManagementOnline MBA in Hospitality Management
Online MBA in IT ManagementOnline MBA in Banking and Finance
Online MBA in Data ScienceOnline MBA in Operations Management
Online MBA in Business AnalyticsOnline MBA in Healthcare Management
Online MBA in International BusinessOnline MBA in Project Management
Online MBA in Financial MarketsOnline MBA in Retail Management
Online MBA in Banking Financial InsuranceOnline MBA in Hospital Administration
Online MBA in International Trade ManagementOnline MBA in General Management
Online MBA in Investment Banking Equity ResearchOnline MBA in International Finance
Online MBA in HR AnalyticsOnline MBA in Digital Entrepreneurship
Online MBA in Infrastructure ManagementOnline MBA in Banking and Insurance
Online MBA in International MarketingOnline MBA in Blockchain
Online MBA in Quality ManagementOnline MBA in Agribusiness
Online MBA in Digital MarketingOnline MBA in Business Management
Online MBA in Power ManagementOnline MBA in Sports Management
Online MBA in Waste Management

Distance MBA

The MBA Distance Learning is a two-year postgraduate MBA correspondence management program. Distance-learning MBAs are best suited for students who cannot pursue a regular MBA. The duration of an MBA in distance/correspondence format is 25 years. An MBA from IGNOU is one of the most popular Distance MBA programs in India.

Distance MBA Specializations
Distance MBA in FinanceDistance MBA in Marketing Management
Distance MBA in HR ManagementDistance MBA in Hospitality Management
Distance MBA in IT ManagementDistance MBA in Banking and Finance
Distance MBA in Data ScienceDistance MBA in Operations Management
Distance MBA in Business AnalyticsDistance MBA in Healthcare Management
Distance MBA in International BusinessDistance MBA in Project Management
Distance MBA in Financial MarketsDistance MBA in Retail Management
Distance MBA in Banking Financial InsuranceDistance MBA in Hospital Administration
Distance MBA in International Trade ManagementDistance MBA in General Management
Distance MBA in Investment Banking Equity ResearchDistance MBA in International Finance
Distance MBA in HR AnalyticsDistance MBA in Digital Entrepreneurship
Distance MBA in Infrastructure ManagementDistance MBA in Banking and Insurance
Distance MBA in International MarketingDistance MBA in Blockchain
Distance MBA in Quality ManagementDistance MBA in Agribusiness
Distance MBA in Digital MarketingDistance MBA in Business Management
Distance MBA in Power ManagementDistance MBA in Sports Management
Distance MBA in Waste Management

Integrated MBA Course

The Integrated MBA course is for students who have just passed Class 12th. It is a 5-year program where candidates will pursue the graduation level as well as post-graduation level courses. The MBA syllabus for the MBA Integrated course is completely different. Students can either opt for BBA/B.Tech/BA/B.Sc + MBA subject course. The annual MBA course fees start from INR 1 to INR 17 lakhs. Right after graduation, students can easily get MBA jobs in the private and public sectors.


MBA Course Comparison

An MBA course develops theoretical concepts and focuses on developing technical knowledge. Apart from MBA, there are other postgraduate courses in various disciplines that candidates can pursue upon completing their undergraduate. Below is a list of comparisons of the MBA to other postgraduate courses.

Difference between MBA and M.Com

The table below contains the differences between MBA and M.Com:

MBAM.Com
Master of Business AdministrationMaster of Commerce
2 years2 years
ManagementCommerce
INR 3 lakhs - 10 LPAINR 5000 - 1 LPA
A minimum of 50% of total marks in UGA minimum of 50% of total marks in UG
IIMs, XMRI, FMS, etc.Lady Shri Ram College, Hindu College Delhi, Loyola College Chennai, etc.

This table provides a concise comparison of various parameters between MBA and M.Com programs, including their full-form, course duration, discipline, average fees, eligibility criteria, and top institutes.

Difference between MBA and PGDM

MBA (Master of Business Administration) and PGDM (Post Graduate Diploma in Management) are both postgraduate programs in the field of management. While they may seem similar, there are some key differences between the two:

PGDMMBA
Post Graduate Diploma in ManagementMaster of Business Administration
2 years2 years
Yes (when certified by AICTE)Yes (when offered by top IIMs as PGPM)
Autonomous Institutions/Business SchoolsUniversities
The curriculum designed by the institutionStandardized curriculum based on university regulations
Various specializations availableVarious specializations available
Recognition may vary based on the institutionGenerally well-recognized globally due to university affiliation
Institution-specific entrance examsSpecific entrance exams for universities or institutions

Top MBA colleges in India

MBA is one of the most sought-after courses in India that is opted for by many students right after they complete their Bachelor's. Many working professionals also do their MBAs, as it helps them improve their chances of growth in their careers. Here is the list of the top 10 MBA colleges in India and average fee structure:

College NameAverage Fees (INR)
IIM Ahmedabad15,00,000
IIM Calcutta15,00,000
IIM Bangalore15,00,000
IIM Indore15,00,000
XLRI Jamshedpur5,00,000
FMS Delhi5,00,000
SIBM, Pune15,00,000
IIT Delhi1,00,000
NITIE, Mumbai15,00,000

Best MBA Colleges in India City-wise

The table below lists the top city-wise MBA colleges in India:

CityName of CollegeAverage Fees (INR)
PuneDYPIMR1.30 LPA
SIDTM6.60 LPA
Sinhgad Business School1.50 LPA
RIIM4.75 LPA
MITCOM2.07 LPA
DelhiAKGIM, Delhi1.27 LPA
KR Mangalam University2.60 LPA
GD Goenka University3.72 LPA
Asian Business School7.65 LPA
University of Delhi (FMS)96,000 PA
BangaloreBMS College of Engineering25,300 PA
The Oxford College of Engineering70,000 PA
NSB Academy3.80 LPA
CMR University1.75 LPA
RCM7.90 LPA
MumbaiKaizen School of Management30,900 PA
BITS School of Management24.50 LPA
TIMSR63,790 PA
The Second Wind12 LPA
KJ Somaiya Institute of Management7.81 LPA
SPJIMR17.50 LPA
Amity University5.15 LPA
HyderabadSt. Joseph’s Degree College and PG College54,000 PA
Amjad Ali Khan College of Business Administration1.40 LPA
ICFAI Business School8.01 LPA
Engineering Staff College of India2.30 LPA
Woxsen University7.25 LPA
ChennaiNational Institute of Business14,700 PA
SSNCE35,000 PA
NICM49,000 PA
LIBA15,26 LPA
Anna University59,080 LPA
KolkataIIM Calcutta27 LPA
BIMS5.51 LPA
Amity University3.90 LPA
Adamas University2.51 LPA
Brainware University3.70 LPA

Top Government and Private MBA Colleges in India

In India, government & private MBA colleges are the most sought-after by students and are regarded as the most effective in terms of ROI and placements. Candidates can find a list of the top government & private MBA schools in India in the table below:

Type of MBA CollegesName of MBA colleges
Top Government MBA CollegesUBS Chandigarh
Aligarh Muslim University, Aligarh
FMS BHU
Bangalore University
IIFT Delhi
Department of Commerce, University of Delhi
Jamia Millia Islamia, New Delhi
Pondicherry University
LN Mishra Institute of Economic Development and Social Change, Patna
IIM Ranchi
Top Private MBA CollegesGITAM Institute of Management, Visakhapatnam
Techno India University, Kolkata
Christ University, Bangalore
Doon Business School, Dehradun
MIT School of Management, Pune
School of Management, Dr DY Patil University
KJ Somaiya SIMSR
School of Business, UPES, Dehradun
SIIB Pune
MDI Gurgaon

FAQs Related to MBA Program

(1). What is an MBA course?

Answer: The MBA course is a postgraduate degree program in management that prepares students for management positions later in their careers.

(2). What is mba full form?

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

(3). What qualification is required for MBA?

Answer: People who have bachelor's degrees in the arts, sciences, or commerce can choose to pursue an MBA postgraduate degree.

(4). Which MBA course is the best?

Answer: All MBA courses or specializations have bright prospects for students in the field of business management. However, the best MBA course depends solely on the candidates and their interests. Some of the best MBA courses in India are MBA in Sales & Marketing, MBA in Operations, MBA in HR, MBA in Finance, and MBA in Information Technology.

(5). How much does a program leading to an MBA cost?

Answer: The average fee of an MBA degree program ranges from Rs 4 lakh to Rs 25 lakh for the complete program.

(6). What is the duration of an MBA?

Answer: The total duration of a full-time MBA degree program is two years equally segregated into 4 equal semesters.

(7). Do I need to appear for the entrance exam for MBA admission?

Answer: Most of the Tier-1 and Tier-2 MBA institutes in India accept candidates based on MBA entrance exam scores. So, if you want to pursue MBA from a reputed MBA college, taking an entrance exam is a must.

(8). Is an MBA a good career?

Answer: If you wish to advance your professional career, getting an MBA is a good decision. Because of the skills that students can acquire, a Master of Business Administration (MBA) degree is more in demand than ever. MBA is a degree program that provides students from all backgrounds with a wide range of employment options at higher job positions.

(9). Which MBA has the highest salary?

Answer: An MBA graduate with a tier-1 school and appropriate skills can easily earn between Rs. 10 lakhs to Rs. 15 lakhs per annum.

(10). What is the difference between MBA and PGDM?

Answer: After completing the MBA course, the student gets a bachelor's degree while after completing the PGDM, the student gets a diploma. However, the skills and training offered in degree and diploma are the same.

(11). What is the admission process for an MBA degree program?

Answer: Admission to MBA degree programs in private and government colleges is provided based on national, state, or university-level entrance examinations.

(12). I have a Bachelor of Arts degree. Which MBA specialization is best for me?

Answer: The most suitable MBA specialization for Bachelor of Arts degree holders is Human Resources, Sales & Marketing, Tourism & Hospitality, Advertising & PR, Entrepreneurship, and General MBA.

(13). Can I pursue an MBA through correspondence?

Answer: Yes, many universities like IGNOU, Annamalai University, and Osmania University offer MBA programs in correspondence (distance education mode). Many private universities also offer online MBA courses, which you can take up.

(14). What to do after the MBA course?

Answer: There are several options candidates can consider after completing the MBA course. They can either apply for a job or can opt for further studies. Job opportunities available after the MBA are:

(i). Business operations manager.

(ii). Financial manager.

(iii). Human resources manager.

(iv). Information technology, or IT, manager.

(v). Management consultant.

(vi). Marketing manager.

(vii). Medical and health services manager.

(15). Why choose MBA?

Answer: An MBA offers career advancement, networking opportunities, specialization options, entrepreneurial skills, a global perspective, personal and professional growth, and better job prospects.

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