Master in Business Studies (MBS) Course at YCISSSR, Pune

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

After completing the Master in Business Studies, you can pursue different professional profiles in this field. Here are some examples:

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	Google
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.