MBA (Masters of Business Administration) - Nalanda University
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2 Years
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Post Graduate
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Management
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2 Years
Post Graduate
Management
The full form of MBA is Master of Business Administration. It is a 2-year post-graduate professional MBA degree, to develop skills and knowledge in Business Administration & Management or to start and manage your 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.
The eligibility for the MBA course is graduates (BA, B.Com, B.Tech., B.Sc., etc.) in any field with a minimum of 50% marks (45% for SC/ST category) or an equivalent CG-PA in any field from a recognized university.
There are three levels of MBA entrance exams. The most popular management entrance exams for MBA courses are: National level, CAT, XAT, CMAT (Once a year), GMAT (appointment-based), and NMAT (3 times a year). State-level entrance exams, MAH CET, TSICET, UPSEE, TANCET, KMAT, KARNATKA PGCET (Once a year). University/College Level, IIFT, SNAP, IGNOU OPENMAT, PUCAT, UPESMET, BMAT, HPU MAT, SPSAT, IPU CET etc.
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 Ahmedabad, IIM Bangalore, IIM Kozhikode, and IIM Calcutta. IIM 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.
The average MBA salary in India ranges from INR 7 LPA to INR 15 LPA, depending on the industry and experience. Top MBA colleges in India, like IIMs, place students after an MBA salary 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).
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