MBA (Masters of Business Administration)

Master of Business Administration or MBA is one of the most popular post-graduate programmes in India and abroad. The two-year programme is a gateway to a plethora of job opportunities in the corporate world. Here are some important facts about the MBA program:
  • What makes MBA such a popular course is that students from any background - including Science, Commerce and Humanities - can pursue it.
  • A regular MBA or Post-Graduation Diploma in Management (PGDM) is generally a two-year course divided into four or six semesters. However, there are certain private institutes that offer one-year PGDM programmes as well.
  • One can pursue MBA in various modes, such as, Regular, Online and Distance-Education. Interested candidates can also find programmes customised based on their professional experience such as Executive MBA.
  • Many management institutes offer Post-Graduate Diploma (PGD) or Post-Graduate Programme (PGP) in Management instead of an MBA degree. There is not much difference between the two, but for their titles.
Also Read: What is the difference between MBA and PGDM.
  • The full-time MBA is the most popular among all, and includes theory classes, practical projects, and internships.
  • Fresh graduates as well as candidates with a few years of work experience opt for a full-time MBA. Some colleges prefer fresh graduates while some colleges give higher preference to candidates with a few years of work experience.
  • On the other hand, the Executive MBA is fit for candidates with more than 5 -10 years work experience as it is designed to enhance their managerial and leadership skills to stay relevant in the job market.
  • Online MBA, Part Time MBA and Distance MBA programmes are ideal for candidates who wish to study while working.
There are many confusing questions that the ever-popular "MBA" generates every year, as new higher education aspirants, hit the internet for answers. Click below to download the "Shiksha MBA Guide 2019", which aims to keep students informed about various aspects of pursuing a MBA career in India. Download Free Shiksha MBA Guide 2020

MBA eligibility

Full-time MBA eligibility criteria are as follows:
  • The basic eligibility criteria for MBA (full-time) is Graduation in any discipline or equivalent from a recognised university
  • Most of the institutes follow the minimum score criteria in Graduation which is 50 per cent in average or equivalent. For Reserved category students, the minimum score in 45 per cent in aggregate
  • Final-year Graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of Graduation degree within the duration specified by the institute

MBA Admissions

Admissions to all B-schools typically take place through an admission test. This test can be one of the following types:
  • National Level Test conducted by an apex testing body or a top national B-school on behalf of the other participating colleges. eg: CAT, MAT, CMAT or ATMA
  • State Level Test conducted by a state level testing body or a top state B-school on behalf of the other participating colleges in that state. eg: MAH-CET, OJEE, KMAT, TANCET or APICET
  • Test conducted by a B-school for entrance to its own MBA programme. In some cases, these scores can be accepted as a qualifying criteria by other B-schools as well. eg: IIFT, XAT, NMAT, SNAP, IBSAT
  • Test conducted by a university for entrance to MBA programmes being offered by colleges that are affiliated to it. eg: KIITEE, HPU MAT
The qualifying exam is usually followed by a second level screening round that could be a group discussion or a personal interview conducted by the college that the student has qualified for. Also Read: MBA admission process and selection criteria

Top MBA entrance exams

Given below is the list of top MBA exams scores that are valid for admission to various B-schools. Click for official CAT mock test
CAT XAT
CMAT MAT
SNAP NMAT 
List of all MBA entrance exams

Popular MBA Specializations

MBA Finance MBA Marketing
MBA IT MBA HR
Shiksha MBA GD/PI Guide 2020 will help you prepare about the latest GD Topics & Interview Questions with detailed analysis. It covers all the last year's GD/PI topics asked in IIMs & popular Non-IIMs. Download Free MBA GD / PI Guide 2020
Check CAT Cut offs and predict calls from IIMs and other Top MBA Colleges, whether your CAT score is 70 percentile, 80 percentile or 90 percentile. Check Fees, Placement Reviews, Admission, Shortlist Criteria and eligibility of all MBA Colleges by clicking the link below: Predict IIM & Non IIM Calls

MBA Skillset

A manager is expected to lead a team of professionals hence the most important skills for a successful manager are good communication and leadership qualities. Take a look at some of the skills required for MBA/PGDM, below:
Full-time MBA: Required Skillset
Business acumen Good communication skills
Problem-solving Skills Management skills
Strong mathematical skills Research oriented
Analytical thinking Leadership qualities
Eye for detail Goal-oriented & ability to work under pressure
Download List of Top MBA CollegesGet complete list of Top MBA Colleges in India with their 2020 Rankings & info on Placements, Admissions, Cut Off, Courses & Fees.
CAT 2020 Mock Test will help you to get an idea about the type of questions that will be asked, the exam pattern and marking scheme. After taking the test, you can immediately check your score. You can also download the Question Paper along with answers and their explanations for Free. Click below to start the free online test now. Free CAT 2020 Mock Test 1
CAT 2020 Mock Test will help you to get an idea about the type of questions that will be asked, the exam pattern and marking scheme. After taking the test, you can immediately check your score. You can also download the Question Paper along with answers and their explanations for Free. Click below to start the free online test now. Free CAT 2020 Mock Test 2

MBA courses and specialisations

Apart from the generic MBA course, there are many MBA specialisations available to candidates. It is recommended that every candidate must choose a branch or specialisation in their MBA programme since it equips them better with the requisite skills for specific domains such as finance, operations, human resources, marketing, to name a few. Some of the most popular MBA specialisations are listed below:
MBA/PGDM specialisations
Finance Infrastructure
Marketing International Business
Sales Disaster Management
Human Resources Energy & Environment
Operations Import & Export
Product IT & Systems
Business Analytics Healthcare & Hospital
Digital Marketing Business Economics
Entrepreneurship Agriculture & Food Business
Advertising Materials Management
NGO Management Oil & Gas
Pharma Retail
Project Management Rural Management
Sports Management Supply Chain
Telecom Textile Management
Transport & Logistics Forestry
Public Policy Hospitality

MBA Subjects

Students pursuing MBA programme are exposed to a range of subjects. In a two year programme, students begin with core subjects such as Organisational Behaviour, Marketing, Principles of Management, to name a few. In the second year, they are exposed to subjects such as Entrepreneurship and Business Law, among others. Often MBA schools classify these subjects as core and electives and give a chance to students to choose between the elective subjects. Listed below are some of the subjects that most MBA courses offer:
  • Marketing
  • HR management
  • Business planning
  • Finance management
  • Principles of management
  • Business laws
  • Communication skills
  • Entrepreneurship
  • Business Communication
  • Computer Application
  • Organizational behavior
  • Taxation
  • Retail management
  • Project work
  • Economics
  • Business environment
The regular MBA course is a two year programme divided into four-six terms/semesters. Listed below are the semster-wise MBA subjects for general course:
MBA Semester I Syllabus
Organizational Behaviour Marketing Management
Quantitative Methods Human Resource Management
Managerial Economics Business Communication
Financial Accounting Information Technology Management
 
MBA Semester II Syllabus
Organization Effectiveness and Change Management Accounting
Management Science Operation Management
Economic Environment of Business Marketing Research
Financial Management Management of Information System
 
MBA Semester III Syllabus
Business Ethics & Corporate Social Responsibility Strategic Analysis
Legal Environment of Business Elective Course
 
MBA Semester IV Syllabus
Project Study International Business Environment
Strategic Management Elective Course

 View Top MBA Colleges by Location

 Delhi/NCR  Chennai Andhra Pradesh
 Mumbai  Kolkatta Karnataka
 Bangalore  Maharastra Kerala
 Pune  Uttar Pradesh All Locations >>

View Top MBA Colleges by Exam

Colleges Accepting CAT Colleges Accepting ATMA
Colleges Accepting MAT Colleges Accepting GMAT
Colleges Accepting XAT Colleges Accepting MAHCET
Colleges Accepting CMAT Colleges Accepting TANCET MBA
Colleges Accepting NMAT by GMAC Colleges Accepting OJEE

MBA/PGDM Jobs and Career Opportunities

An MBA degree holder is expected to take up the managerial responsibility of the department they are hired for. A manager’s job profile broadly includes planning, strategising, execution, leading the team, liaison with clients, coordinating with other departments, delegation of work and responsibilities, reporting to higher authorities regarding projects undertaken.
MBA jobs Average salary per annum (Rs in lakh)
Finance Manager 9.6
Marketing Manager 10
Sales Manager 10
Human Resources Manager 4
Operations Manager 7
Product Manager 15
Data Analytics Manager 14
Digital Marketing Manager 4.5
Advertising Sales Manager 8.5
NGO Manager 5
Project Manager 13
Telecom Manager 7
Transport & Logistics Manager 6
Infrastructure Manager 11
International Business Manager 9
Risk Manager 10
Energy & Environment Manager 6
Import & Export Manager 6
IT & Systems Manager 7
Healthcare & Hospital Manager 4
Materials Manager 6
Retail Manager 5
Supply Chain Manager 8
Public Policy Manager 7
*The salary data has been obtained from Payscale.com

Scope of MBA: Top Companies

The scope of MBA is huge in the current job market. MBA graduates are in high demand in every industry and in every domain. Most of the MBA institutes provide campus placement to their students on completion of the full-time MBA course for a smooth beginning of their career. All organisations, big or small, private or government, hire MBA degree holders in various capacities. Below is the list of some of the top companies that hire MBA graduates through campus placements.
MBA: Top Companies
BCG Citibank
Deloitte ITC
Avendus Samsung
Mahindra ITC
Reliance Vodafone
ICICI Bank EXL
HDFC Larsen & Tubro
JP Morgan Chase & Co. HSBC
PWC Philips
McKinsey & Company Nestle
Aditya Birla Group Cipla
RPG Flipkart
Tata Saint Gobain
TAS Crisil
Wipro Credit Suisse
Microsoft Bajaj
Accenture Infosys
Microland GAR
Amazon Pidilite
Asian Paints McKinsey&Company
Read more:

FAQs related to MBA course

Q: Which MBA course is the best?

A: All of MBA courses or specializations have bright prospects for students it the field of business management. However, the best MBA course depends solely on the candidates and their interest. 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.

Q: Which are the top MBA colleges in India?

A: The IIM A, B and C are considered top MBA colleges in India. Apart from these three MDI, FMS, SPJIMR, IMT, JBMIS, NMIMS, IBS, GIM, GLIM and others. For the list of all top MBA colleges in India, click here.

Q: What is the eligibility criteria for MBA?

A: Eligibility criteria for MBA is Graduation. However, Many colleges prescribe minimum marks in aggregate in Graduation ( 50% for General and 45 percent for SC/ST candidates).

Q: How can I get admission in MBA course?

A: The MBA admission process includes entrance exam, group discussion and personal interview. Many colleges offer admission on the basis of graduation score only. To get admission in MBA course, the candidate will have to fill an application form and follow the admission process.

Q: Do I need to appear for entrance exam for MBA?

A: Most of the Tier-1 and Tier-2 MBA institutes in India accept candidates on the basis of MBA entrance exam score. So, if you want to pursue MBA from a reputed MBA college, taking an entrance exam is a must.

Q: What is the duration of MBA course?

A: MBA course is of two years, divided into four semesters. This course duration also includes summer internship after the first year.

Q:  I have a Bachelors in Arts degree. Which MBA specialization is best for me?

A: The most suitable MBA specialization for Bachelors in Arts degree holders are HR, Sales & Marketing, Tourism & Hospitality, Entrepreneurship and General MBA.

Q: Can I pursue MBA through correspondence?

A: Yes, many universities like IGNOU, Annamalai University and Osmania University offer MBA programmes in correspondence (distance education mode).

Q: Will I get good placement after completing MBA course?

A: Yes, most of the MBA colleges provide placement to its students at the end of the course. To ensure, you get a placement, check whether the college you shortlist for admission has a placement cell or not. Also check its placement reports to know which companies participate in campus placement.

Q: What is the difference between MBA and PGDM?

A: After completing the MBA course, the student gets a degree while after completing PGDM, the student gets a diploma.