MBA - Full Form, Courses, Top Colleges, Syllabus, Admission, Fees, Exams, Jobs

Master of Business Administration (MBA) is a professional master's degree in business administration and in business management. Master of Business Administration courses are designed to develop students' business acumen and leadership skills. As one of the most popular degrees globally, MBA is offered by many top management colleges in India alongside IIMs. In this article, we will discuss the details of MBA courses, MBA full form, MBA subjects, MBA salary and MBA fees.

After completing an Master of Business Administration in India, graduates can find a variety of Master of Business Administration jobs in diverse sectors such as banking, consulting, finance, human resources, marketing, and operations. Not only management aspirants but also many B.Tech, B.Com, BBA, BA, BSc, and BCA graduates choose to pursue an MBA as it is one of the most important degrees for the majority of managerial-level jobs across all the industries and sectors. If you are wondering, can arts student do MBA, then the answer will be yes, students from any stream, such as Science, Humanities and Commerce can study Master of Business Administration (MBA).

Despite being the popular one, there is a certain section of students who do not have proper knowledge about the Master of Business Administration in India. They should know what an MBA degree is, how long it takes to complete, what subjects it covers, and many other things. Therefore, in order to assist these students and clarify what an MBA is, we have covered everything related to the MBA, from MBA eligibility to MBA course duration, MBA specialisations, MBA admissions and more in this article.

What is an MBA?

If you want to know, how long is MBA course, then read the entire article. Master of Business Administration is a two-year full-time master-level course that can be pursued by students who have completed their graduation in any discipline. Students can enrol in various types of MBA courses such as Online MBA, Part-time MBA, Distance MBA, Integrated MBA, and Executive MBA. MBA course list of these MBA programmes may cover various topics like organisational behaviour, supply chain management, finance, sales and marketing, management principles, and operations management, among others.

Students can pursue many Master of Business Administration (MBA) specialisations in areas like Human Resource Management, Sales and Marketing, Business Analytics, and Information Technology. A few of the areas studied in the MBA courses include accounting management, finance, marketing, human resource management, operations management, accounts for managers, international business, and international finance, among others.

There are several best MBA colleges in India and abroad that provide an MBA in a wide range of MBA specialisations. Candidates who meet the requirements may apply to the MBA programme in Marketing, Finance, Human Resource Management, Information Technology, and International Business areas. In this article, we will be discussing the details of MBA degree meaning, MBA full form, MBA courses list in India, MBA courses for arts students. In this article, we will discuss MBA courses, MBA full form, MBA subjects, MBA salary, MBA fees.

Also Read: IIM Admission Criteria: Top Colleges, Selection Process, Schedule

MBA courses require applicants to pass entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), Graduate Management Admission Test (GMAT), and NMAT in order to get admission to top MBA Colleges in India. Several assessments, like MBA entrance exams, are exclusively designed for MBA admissions. MBA requirements are mainly the eligibility criteria which the students need to follow befor taking admission.

In addition to these admission examinations, aspirants may appear for other exams at the national, state, and institutional levels to be eligible for Master of Business Administration in India. Additionally, they must have completed their undergraduate degree programme or be in their last year of graduation. Candidates for admission to the best MBA online programs in the world must have a minimum of three to five years of professional experience. Senior management positions can be acquired through MBA courses. MBA admission in India is based on a student's academic and professional profile in addition to MBA entrance exams and GD-PI rounds.

Also Read:

• Why MBA? - Top Reasons to Do an MBA Degree
• Top MBA Specializations in India: Which Course to Choose?

What is MBA full form?

MBA full form is Master of Business Administration, it is a two-year postgraduate degree programme in business administration. There are several MBA specialization options, such as accounting, financial management, cost and management accounting, human resource management, marketing, and strategic management. In this article, we will discuss MBA courses, MBA full form, MBA subjects, MBA salary, MBA fees.

MBA Full Form in Hindi:

MBA full form in Hindi is मास्टर ऑफ बिजनेस एडमिनिस्ट्रेशन । हिंदी में इसका मीनिंग व्यवसाय प्रबंधन में स्नातकोत्तर भी होता है।

Highlights- MBA (Master of Business Administration)

See Also: Top 1-Year Online MBA Programs in India

MBA Eligibility Criteria

Depending on the type of MBA (Master of Business Administration) course you select, different criteria are required to apply for it. The following are the typical MBA eligibility criteria:

• Applicants must have finished or be in the last year of a bachelor's degree in any stream with a minimum three-year duration.
• B.Tech, B.Sc, BA, BBA, B.Com. are some of the most common bachelor's degree programmes.
• Candidates should have a score of at least 50 per cent throughout their bachelor's degree. (In the case of IIMs, it is 60 per cent).
• Applicants must have received a minimum of 60 per cent in their class 12 final exams from an Indian recognised board.
• Candidates must have passed the entrance exam and meet the MBA cutoff requirements set by the MBA colleges.

Resource Links for Online MBA

• Online MBA Colleges
• Online MBA Syllabus
• Online MBA Admission

MBA Admission Process

According to how well students perform on the MBA entrance exams, candidates are accepted for MBA courses in India's top management colleges. MBA admissions process is based on the merit list of these MBA colleges in India, although some colleges decide to conduct their own entrance tests.

MBA Admission on the basis of merit

Admission to MBA (Master of Business Administration) courses in top private MBA colleges in India as well as government MBA colleges in India is based on the level of examination held by the relevant state or national organisations. MBA admission process is carried out entirely on the basis of MBA entrance exams.

Also Read: General Management Certification Courses

MBA Admission on the basis of the entrance examination

All qualified students must be able to pass the MBA entrance exams for the specific management college of their choice if they want to enroll in a Master of Business Administration programme in India. Additionally, they must successfully pass an entrance examination and interview procedures before being chosen.

National Entrance Test: There are many entrance exams that are conducted at the National level for MBA admission. Some of the top national-level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, and IIFT.

University Entrance Test: Some of the reputed MBA colleges conduct various tests at the university level for the admission of their students. Such University level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET, and more.

Common Admission Test (CAT): Common Admissions Test (CAT) is one of the largest management entrance examinations conducted in India by one of the IIMs for MBA admission. The top MBA colleges in India require students to appear in the CAT examination in order to take admission to their institutions. Best MBA colleges in India generally require CAT score the MBA admission. Candidates can find relevant CAT details mentioned in the table below:

XAT (Xavier’s Aptitude Test): XAT is one of the most popular MBA entrance examinations accepted by almost 170 institutions for MBA admission. Some of the best MBA colleges in India accept XAT scores. The XAT exam is conducted by XLRI Jamshedpur in order to provide MBA admission to various types of MBA courses. The relevant XAT details are mentioned below in the table:

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NMAT (Narsee Monjee Admission Test): GMAC conducts the NMAT test, a university level management entrance exam, on behalf of the Narsee Monjee Institute of Management Studies. Candidates who pass the NMAT exam are given MBA admission to NMIMS after a group discussion and personal interview. The table below contains the necessary NMAT information:

SNAP (Symbiosis National Aptitude Test): SNAP or Symbiosis National Aptitude Online Test is a national-level online examination conducted by Symbiosis University. Candidates who qualify for the entrance examination along with group discussion and personal interviews are offered MBA admission to one of the 16 symbiosis colleges. The relevant SNAP details are mentioned below in the table:

IIFT (Indian Institute of Foreign Trade): Indian Institute of Foreign Trade is considered one of the best MBA colleges and conducts a national-level yearly entrance examination for admission to three specializations offered by the institute. Candidates who qualify for the examination along with group discussion and personal interviews are offered admission to IIFT, New Delhi. The relevant IIFT details are mentioned below in the table:

Also read: Online MBA vs Distance MBA: Which is Right for You?

State-level MBA Admission

In addition to national-level MBA entrance examinations, various states also conduct their own MBA entrance test for admission. Qualifying candidates can take admission to any of the participating MBA colleges across the state. Some of the top State-level exams include MAH MBA CET, OJEE MBA, TANCET, APICET, KMAT.

MBA Syllabus

Regular MBA courses duration is basically of two-year which is divided into four semesters that include an internship as well. MBA subjects are discussed in the below table, where it is divided in to four semester in two years. Below, we have mentioned MBA courses list and MBA subjects that is divided in four semester.

Also read: 7 Best Online MBA Specializations with Eligibility, Fees, and Admission Process

MBA Fees structure

The MBA fees structure varies depending on the MBA colleges. The MBA fees may vary based on the resources that students can access through their MBA colleges in India. Students may also use the amenities provided by the university. In addition to all of these services, the MBA fees also cover the tuition fee. However, the average MBA fee structure for top MBA colleges in India such as IIMs, SPJIMR, and MDI Gurgaon is around Rs. 20 lakhs to Rs. 25 lakhs for the entire MBA course. Additionally, other government MBA colleges in India charge minimal average MBA fees of around Rs. 50,000 to Rs. four lakhs per annum.

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MBA Cutoff

The MBA cutoffs for each MBA college in India are made available to the public when the admissions process is over. The details of the MBA cut-offs are also mentioned in the batch profile and the category and specialisation-wise rankings. The average age of the class, the academic background of the students, and other details are all included in the batch profile of MBA degree programmes. The top MBA schools in India are listed below with their MBA cutoffs.

Top MBA Colleges with Popular MBA Exams

The MBA entrance exams for students are conducted by several MBA colleges in India. As per the MBA eligibility standards and entrance requirements, the top management colleges in India accept a number of entrance exams.

Read more: Which One to Choose: Regular MBA vs Online MBA?

Why choose MBA?

Many colleges offer the MBA course programme, which is a popular master's degree programme in business, management, and commerce. Establishing strong social and professional networks while attending MBA colleges and developing MBA skills which may lead to more MBA employment opportunities. The best MBA programmes provide thorough, organised instruction that is centred on business goals.

Master of Business Administration in India offers a variety of customisable specialisations that can be pursued by both undergraduates and working professionals. Graduates of tier-one business schools in the world, such as IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, and FMS Delhi, earn roughly Rs. 20 lakhs per year on average. Master of Business Administration jobs are in high demand in corporate and business organisations. In India, earning an MBA online degree or on campus opens the door to a myriad of job prospects. Below we have mentioned some of the major MBA advantages:

• High remuneration
• Job opportunities
• Exposure to industry
• Career Advancement
• Learning management skills

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• Top Business Schools for Online MBA Programs in India
• 10 Most Affordable Online MBA Programs for Students in India
• Top 1-Year Online MBA Programs in India

Skills Required for MBA

A candidate with an MBA is anticipated to work in management in a business after graduation. To succeed, the person must possess the requisite leadership abilities and traits. The following are a few skills that MBA students must possess:

Communication skills: In order to perform the tasks effectively, candidates must be able to communicate clearly and effectively. Students pursuing an MBA degree must be able to communicate well both verbally and in writing.

Managerial skills: A candidate who has completed MBA courses should be able to manage many assignments and responsibilities. Because a person in a leadership position is expected to perform multiple responsibilities, good managerial abilities are required.

Analytical skills: An MBA programme includes analytical capabilities in addition to business knowledge. Candidates should have essential data interpretation abilities in order to make sense of the massive amounts of data acquired by firms.

Learning skills: MBA students must stay up with the newest business advancements as part of their studies. Students pursuing an MBA must maintain a high level of learning and keep up with current business trends.

Decision-making skills: An MBA applicant should be capable of making decisions that are in the best interests of the company. An MBA candidate must be able to make judgments in the company's and shareholders' best interests.

Difference between MBA and PGDM

The difference between Master of Business Administration in India and a PGDM may be a little confusing to the layman. Despite the fact that both can initially seem to have the same curriculum and value proposition, there are key distinctions between the two. An MBA is a degree, but a PGDM is a diploma programme, and that is the fundamental distinction between the two. Secondly, a PGDM programme is offered by stand-alone institutions or autonomous bodies, whereas MBA is offered by universities or MBA colleges affiliated with top management universities.

If we discuss the duration, an MBA degree programme is for two years divided into four semesters, whereas a PGDM programme can be anything between one year to two and a half years. These are the primary differences between MBA and PGDM. To know the differences in detail you can read Career360’s article on the difference between PGDM and MBA.

Also read: How to Choose the Best Online MBA Course in India?

What is an Online MBA Degree?

MBA online courses are the most relevant online degree program in a time of pandemic where we can easily get the degree and guidance from faculties all over the world. For MBA online courses, you can enrol in your selected management college from anywhere in the world, and you can even attend lectures from your home. MBA online programs are boon for working professionals since an MBA online degree programme allows them to attend sessions on a regular basis without having to worry about missing critical deadlines for their important assignments at work.

Also read: Online MBA vs Executive MBA: Choose the Better

Browse Best MBA Colleges Accepting CAT Score: Location-Wise

The table below depicts the top MBA Colleges in India Accepting CAT scores. The list is prepared based on the top locations in India.

You may also read: Is Online MBA Recognized by UGC?

Browse Top MBA Colleges By Location

There are various best MBA colleges in India which offer quality management education and top specialisations according to the candidate’s interest. Some of these MBA colleges in India are popular owing to their prime location and close proximity to industrial and business corporations. You may browse these MBA colleges in India by location as mentioned below:

Top MBA Specialisations

The goal of an MBA course programme is to provide students with exposure in a variety of industries. Usually, it is broken down into two parts, the first of which focuses on specialisation and the second of which focuses on general management or business administration. In their first and second years of an MBA programme, students frequently have the choice of basic or elective courses.

Also read: 10 Most Affordable Online MBA Programs for Students in India

What after MBA?

After earning an Master of Business Administration (MBA) in India, students can either start working as full-time professionals or pursue their own startup or higher studies. There are various companies that offer MBA jobs to graduates with appropriate skills and experience.

Option 1: After completing an MBA degree programme, candidates can start working as full-time employees in the corporate sector with an average salary of around Rs. 12 lakhs per annum.

Option 2: Candidates can also choose to pursue a PhD programme in management or a related field.

Read more: What is the Scope of an Online MBA?

Career Options after MBA

Many students take up MBA degrees in order to get a job after completing their studies. After getting an MBA degree, many of them find MBA job opportunities in various industries such as Human Resources, Finance, and Operations.

Manager: A manager is responsible for the management of a team, department, or organization. He or she works as a leader of a team and supervises the work of its members.

Sales Manager: A sales manager is responsible for the management of all the tasks involved in the sales process. This professional is also responsible for ensuring that the targets are met and that profits are maximized.

Marketing Manager: A marketing manager is responsible for various tasks and responsibilities related to marketing such as campaigns, sales tasks, client proposals and marketing of different products.

HR Manager: A human resource manager is responsible for the management of the human resources function of an organization. His or her responsibilities include the recruitment process, employee relations, and professional dispute resolution.

Also Read: How Can an Online MBA Degree Benefit Your Career?

Top MBA Recruiters

Many recruiters hire MBA freshers for various job openings in different sectors once they complete an MBA programme. The top recruiters in a wide range of industries who offer MBA jobs are listed below.

Also Read: Top Free Online MBA Courses with Certificates in India

Salary after MBA

The MBA salary depends on the MBA specialisation chosen by the students. After MBA in India, the average MBA salary is around Rs 4,00,000 to Rs. 32,00,000 per annum. The types of MBA jobs you can eventually end up will depend on the MBA specialisation you choose. Having the right one can help boost your resume and improve your chances of landing an MBA job.

Most of the time, management students are selected from the marketing specialisation. MBA specialisation chosen by the students, experience, industry, institute or college from which a student has graduated, and designation are some of the important variables determining the salary.

Read more: Advantages and Disadvantages of Online MBA Course

Read more: 7 Reasons to Pursue an Online MBA Degree

Top Private MBA Colleges in India

There are various private MBA colleges in India offering MBA programs. Some of these top private MBA colleges in India are mentioned in the table below:

Read more: Top Business Schools for Online MBA Programs in India

Also Read: Is an Online MBA Valid in India?

Top Government MBA Colleges in India

There are many government MBA colleges in India which 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 MBA colleges in India in the table below: