MBA (Masters of Business Administration) - Yashwant Rao Chavan Maharashtra Open University

  • Years 2 Years
  • Type Course Post Graduate
  • stream Management
  • Delivery Mode

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

The MBA stands for Master of Business Administration. It is a Post-graduate 2-year professional MBA 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 MBA 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).

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