MBA (Masters of Business Administration) - Sathyabama Institute of Science and Technology Chennai

  • Years 2 Years
  • Type Course Post Graduate
  • stream Management
  • Delivery Mode
Written By universitykart team | Last updated date Apr, 24, 2024

MBA: Full-Form, Admission 2024, Eligibility, Exams, Syllabus, Fees, Jobs, Top Colleges, Other Specializations

The MBA (full form is Master of Business Administration) is a 2-year postgraduate program. It focuses on the field of business administration. The courses that comprise the MBA program cover a variety of aspects of business administration, such as accounting, applied statistics, human resources management, business communication, business ethics, strategic management, business law, finance, business strategy, economics management, entrepreneurship, marketing, supply chain management, and operations management in the manner that is relevant to the analysis and strategy of management.

It originated in the United States in the early 20th century, as the country began industrialization and firms required scientific management. The average Master of Business Administration degree fees range from INR 5 lakh to INR 30 lakh, depending on the institute.

An "Executive MBA", or EMBA is a degree program similar to an MBA program, but it is designed for and targeted at executives from the corporate world and senior managers already employed.

The eligibility for the Master of Business Administration courses 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 exams for Master of Business Administration courses are the national level ones. They are CAT, XAT, and CMAT (Once a year). Then, there are GMAT (by appointment) 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.

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 M.B.A. salary range from INR 70 lakhs to 1 croreAfter the MBA, jobs, and salaries will differ based on the designation. The regular M.B.A. starting salary in India is Rs 3.5 LPA. Distance MBA is INR 4 LPA, Online MBA is INR 5 LPA, and Executive MBA is INR 4 LPA.

Highlights - MBA Course Details

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

Particulars Value
Course Name MBA
Full-Form Master of Business Administration
Level of Degree Post Graduate
Types of MBA Courses Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA, Integrated MBA
Duration of degree 2 Years
Exam Type Semester based
Age No specific age limit
Subjects Required Honours or Graduate's degree recognized by UGC
MBA Admission Process Entrance Exam+ Group Discussion+ Personal Interview
MBA Eligibility Criteria 50% in Graduation
MBA Entrance Exams CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT, SNAP, TISSNET, GMAT
Selection Process Entrance 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 India Sales, Marketing, Finance, Human Resources, IT, Operations, Digital Marketing, Business Analytics, Healthcare Management, etc.
Similar Options of Study PGDM
MBA Scholarships IDFC First Bank MBA Scholarship, Aditya Birla Scholarship, Yes Bank scholarship, India Carbon Scholarship, P.R. Karthik Scholarship
Top Colleges in India IIM Ahmedabad, IIM Indore, IIM Bangalore, FMS Delhi, IIM Calcutta, IIM Kozhikode, IIM Lucknow, SPJIMR Mumbai, XLRI, etc.
Top Recruiters Boston 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.

ASPECT DESCRIPTION
Global Career Growth Having 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 barriers An 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 Transformation Completing your MBA in your own choice specialization opens the doors for new and better career opportunities.
High demand for an MBA With 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 specialization Most 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 abilities With 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 confidence An 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 limit Age 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 Type Exam Name Description
Institute-Level Tests XAT, NMAT, SNAP, IBSAT The 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 Tests MAHCET, OJEE, KMAT, TANCET or APICET Conducted by a state body or top B-school of a state conducting the exam for all participating colleges in a state.
National Level Tests CAT, MAT, CMAT, ATMA Conducted by 1 apex body or a top national-level institute on behalf of many other participating colleges.

Top MBA Courses Entrance Exams 2024 in India

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:

MAT MAH CET
GMAT SNAP
TANCET IIFT
XAT NMAT
ATMA CAT
CMAT  

Skills Required for MBA Program

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 skills Eye for detail
Research-Oriented Goal-oriented & able to work under pressure
Analytical Thinking Leadership Qualities
Problem-solving Skills Business Acumen
Managerial Skills Good communication skills
Learning Skills Decision-Making Skills

MBA Courses Fees

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 College Total Fees (INR)
IGNOU Rs. 50,000 PA
Amity University Rs. 5 LPA
IIM Kozhikode Rs. 19 LPA
Symbiosis University Rs. 4 LPA
IIT Delhi Rs. 3.50 LPA
IIM Bangalore Rs. 23 LPA
IIM Ahmedabad Rs. 23 LPA
Chandigarh University Rs. 2 LPA
LPU Rs. 3 LPA
IIM Calcutta Rs. 23 LPA
IIM Indore 21 LPA
NMIMS Rs. 3.5 LPA

MBA Course: Selection Criteria

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.

What are different types of MBA programs


There is a variety of modes and formats for MBA courses. Historically, the two-year Full-Time MBA has been the preferred option for aspiring management. Yet, in recent years, the Executive MBA and Online MBA have become increasingly popular due to their flexibility, attracting a significant number of candidates.

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 Finance Part-time MBA in Marketing Management
Part-Time MBA in HR Management Part-Time MBA in Hospitality Management
Part-Time MBA in IT Management Part-Time MBA in Banking and Finance
Part-Time MBA in Data Science Part-Time MBA in Operations Management
Part-Time MBA in Business Analytics Part-Time MBA in Healthcare Management
Part-Time MBA in International Business Part-Time MBA in Project Management
Part-Time MBA in Financial Markets Part-Time MBA in Retail Management
Part-Time MBA in Banking Financial Insurance Part-Time MBA in Hospital Administration
Part-time MBA in International Trade Management Part-Time MBA in General Management
Part-time MBA in Investment Banking Equity Research Part-Time MBA in International Finance
Part-Time MBA in HR Analytics Part-Time MBA in Digital Entrepreneurship
Part-Time MBA in Infrastructure Management Part-Time MBA in Banking and Insurance
Part-Time MBA in International Marketing Part-Time MBA in Blockchain
Part-Time MBA in Quality Management Part-Time MBA in Agribusiness
Part-Time MBA in Digital Marketing Part-Time MBA in Business Management
Part-Time MBA in Power Management Part-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 Finance Online MBA in Marketing Management
Online MBA in HR Management Online MBA in Hospitality Management
Online MBA in IT Management Online MBA in Banking and Finance
Online MBA in Data Science Online MBA in Operations Management
Online MBA in Business Analytics Online MBA in Healthcare Management
Online MBA in International Business Online MBA in Project Management
Online MBA in Financial Markets Online MBA in Retail Management
Online MBA in Banking Financial Insurance Online MBA in Hospital Administration
Online MBA in International Trade Management Online MBA in General Management
Online MBA in Investment Banking Equity Research Online MBA in International Finance
Online MBA in HR Analytics Online MBA in Digital Entrepreneurship
Online MBA in Infrastructure Management Online MBA in Banking and Insurance
Online MBA in International Marketing Online MBA in Blockchain
Online MBA in Quality Management Online MBA in Agribusiness
Online MBA in Digital Marketing Online MBA in Business Management
Online MBA in Power Management Online 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 Finance Distance MBA in Marketing Management
Distance MBA in HR Management Distance MBA in Hospitality Management
Distance MBA in IT Management Distance MBA in Banking and Finance
Distance MBA in Data Science Distance MBA in Operations Management
Distance MBA in Business Analytics Distance MBA in Healthcare Management
Distance MBA in International Business Distance MBA in Project Management
Distance MBA in Financial Markets Distance MBA in Retail Management
Distance MBA in Banking Financial Insurance Distance MBA in Hospital Administration
Distance MBA in International Trade Management Distance MBA in General Management
Distance MBA in Investment Banking Equity Research Distance MBA in International Finance
Distance MBA in HR Analytics Distance MBA in Digital Entrepreneurship
Distance MBA in Infrastructure Management Distance MBA in Banking and Insurance
Distance MBA in International Marketing Distance MBA in Blockchain
Distance MBA in Quality Management Distance MBA in Agribusiness
Distance MBA in Digital Marketing Distance MBA in Business Management
Distance MBA in Power Management Distance 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:

MBA M.Com
Master of Business Administration Master of Commerce
2 years 2 years
Management Commerce
INR 3 lakhs - 10 LPA INR 5000 - 1 LPA
A minimum of 50% of total marks in UG A 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:

PGDM MBA
Post Graduate Diploma in Management Master of Business Administration
2 years 2 years
Yes (when certified by AICTE) Yes (when offered by top IIMs as PGPM)
Autonomous Institutions/Business Schools Universities
The curriculum designed by the institution Standardized curriculum based on university regulations
Various specializations available Various specializations available
Recognition may vary based on the institution Generally well-recognized globally due to university affiliation
Institution-specific entrance exams Specific 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 Name Average Fees (INR)
IIM Ahmedabad 15,00,000
IIM Calcutta 15,00,000
IIM Bangalore 15,00,000
IIM Indore 15,00,000
XLRI Jamshedpur 5,00,000
FMS Delhi 5,00,000
SIBM, Pune 15,00,000
IIT Delhi 1,00,000
NITIE, Mumbai 15,00,000

Best MBA Colleges in India City-wise

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

City Name of College Average Fees (INR)
Pune DYPIMR 1.30 LPA
  SIDTM 6.60 LPA
  Sinhgad Business School 1.50 LPA
  RIIM 4.75 LPA
  MITCOM 2.07 LPA
Delhi AKGIM, Delhi 1.27 LPA
  KR Mangalam University 2.60 LPA
  GD Goenka University 3.72 LPA
  Asian Business School 7.65 LPA
  University of Delhi (FMS) 96,000 PA
Bangalore BMS College of Engineering 25,300 PA
  The Oxford College of Engineering 70,000 PA
  NSB Academy 3.80 LPA
  CMR University 1.75 LPA
  RCM 7.90 LPA
Mumbai Kaizen School of Management 30,900 PA
  BITS School of Management 24.50 LPA
  TIMSR 63,790 PA
  The Second Wind 12 LPA
  KJ Somaiya Institute of Management 7.81 LPA
  SPJIMR 17.50 LPA
  Amity University 5.15 LPA
Hyderabad St. Joseph’s Degree College and PG College 54,000 PA
  Amjad Ali Khan College of Business Administration 1.40 LPA
  ICFAI Business School 8.01 LPA
  Engineering Staff College of India 2.30 LPA
  Woxsen University 7.25 LPA
Chennai National Institute of Business 14,700 PA
  SSNCE 35,000 PA
  NICM 49,000 PA
  LIBA 15,26 LPA
  Anna University 59,080 LPA
Kolkata IIM Calcutta 27 LPA
  BIMS 5.51 LPA
  Amity University 3.90 LPA
  Adamas University 2.51 LPA
  Brainware University 3.70 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 Colleges Name of MBA colleges
Top Government MBA Colleges UBS 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 Colleges GITAM 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

MBA Top Recruiters

The career opportunities for MBA graduates are vast in today's job market. They are highly sought after across all industries and sectors. Many MBA institutes offer campus placement services to their students upon completion of the full-time MBA course to facilitate the start of their careers. Companies of all sizes and types, whether private or government, actively recruit MBA degree holders for a variety of roles.

Here are some of the top companies that recruit MBA graduates through campus placements:

Top Private Recruiters

Private enterprises spanning diverse sectors eagerly seek out MBA graduates from leading business institutions. Here are some of the foremost private recruiters of MBA talent:

Avendus Samsung TAS
Deloitte ITC Tata
HDFC Larsen & Toubro Microland
ICICI Bank EXL Accenture
JP Morgan Chase & Co. HSBC Amazon
Mahindra Goldman Sachs Wipro
McKinsey & Company Nestle Aditya Birla Group
Reliance Vodafone Microsoft

Top Government MBA Courses Recruiters

Government entities in numerous countries seek out MBA graduates for a broad spectrum of roles, particularly in fields such as public administration, policy analysis, and government management. Here are some prominent government employers recognized for their recruitment of MBA professionals:

Air India Express BEML Limited ITI Limited
RBI Bharat Electronics Limited IBPS
Engineering Projects India Limited IIT Kharagpur City Union Bank
Coal India Limited SBI Central Bank of India
NABARD Consultancy Services National Housing Bank Bank of Baroda

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 an 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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