Master of Business Administration (MBA)

MBA full form is Master of Business Administration. MBA course is a2-year postgraduate level degree program focusing on management, business, and entrepreneurial concepts. MBA course curriculum is designed in a way that there is a combination of both theoretical and practical aspects; wherein classroom sessions and seminars take care of the theoretical knowledge and internships and workshops provide candidates with industrial exposure and real-time problems making them industry-ready.

To be eligible for MBA courses and pursue it from their dream college, one must have completed their graduation in any field (Science, Commerce, Arts) with an aggregate of 50% or more. Students can pursue MBA courses in different modes including Full-time Regular MBA, Distance MBA, Online MBA, Executive MBA, and Integrated MBA and the duration varies according to the course type. Recently, many schools has also started providing short term management programs for individuals to upskill themselves, some of the popular courses include Sports Management and Management Development Programs. Admission to MBA courses happens through entrance exams, followed by a Group Discussion (GD), Written Ability Test (WAT), and Personal Interview (PI) to assess the candidates\’ personality.

Some of the popular and commonly accepted MBA entrance exams include CAT, CMAT,XAT, MAH MBA CET, GAMT, and ATMA. Candidates can pursue MBA courses from both government and private colleges including various top IIMs like IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, or other colleges like XLRI Jamshedpur, FMS, and ISB. The MBA degree fees range from INR 10 lakh – INR 25 lakh, depending on the college. Candidates can pursue an MBA in various specializations including HR, Sales, Marketing, Finance, and Operations, depending on their area of interest.

Since the MBA programs are a level up to the undergraduate programs, the career prospects after MBA are very promising. Candidates can choose to work at different top positions like Employee Relations Manager, Product Manager, Marketing Manager, and Sales Manager. MBA is an advancement to your graduation degree, opening countless career opportunities for you and hence a lot of students belonging to different backgrounds pursue it after their graduation. A few of the common courses students pursuing an MBA include B.Tech B.Com ,BBA BA, and BSc.  The graduates of MBA courses can earn a salary ranging between INR 5 LPA and INR 25 LPA. Some of the top MBA recruiters include Google, Deloitte, Flipkart, and Amazon.

MBA Eligibility Criteria

MBA courses are postgraduate programs and hence require graduation as a mandate. But there is more to the eligibility criteria that one should know, because the eligibility criteria differs according to to the type of MBA course, and the colleges offering MBA course. The below table highlights the different facets of eligibility criteria one needs to know before taking admission into tier 1, tier 2 and tier 3 MBA colleges.

ParticularsTier 1 MBA CollegesTier 2 MBA CollegesTier 3 MBA Colleges
Educational QualificationShould be greater than 50%
IIMs and IITs require 60% for selection.
50% or more50% or more
Entrance ExamsCAT, XAT, GMATSNAP, NMAT, XAT, TISSNETMAT, CMAT, and other state level or university level exams
Interview CriteriaGD + WAT + PIWAT + PI, In some cases only PI is conducted.Not WAT rounds, colleges conduct their own interview rounds to assess the personality.
Work ExperienceNot Mandatory, is required in case of Executive MBA Admission.Not Mandatory, required for MBA Executive in some colleges.Not required

MBA Courses Details

MBA courses are a 2-year postgraduate degree program that offers vast career opportunities after course completion. MBA courses prepare students for leadership roles in the business world and enable them to find work in varied industries.

The below table indicates the MBA course details:
ParticularsMBA Courses Details 
MBA Full FormMaster of Business Administration
MBA Courses LevelPost Graduation
MBA Courses TypesFull-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA and Integrated MBA
MBA Courses FeesINR 2 Lakh – INR 27 Lakh and above
MBA Courses Eligibility CriteriaUndergraduate Degree Programme
MBA Courses DurationFull-time MBA: 2 years
Online/ Distance MBA: 1- 2 years
Executive MBA: 1 – 1.5 year
Integrated MBA: 5 years
MBA Courses Admission ProcessEntrance Exam + Group Discussion + Personal Interview
MBA Courses Top Entrance ExamsCAT, CMAT XAT,MAH MBA CET, etc.
MBA Courses Top CollegesIIM Ahmedabad,  IIM Bangalore ,IIM Calcutta,  IIM Lucknow, IIM Indore
MBA Courses Top SpecialisationsSales, Marketing, Operations, Finance, Human Resources, Digital Marketing and Business Analytics.
MBA Top Job ProfilesFinance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.
MBA Average SalaryINR 5 LPA – INR 25 LPA
MBA Top RecruitersBoston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc.

Different types of MBA courses

MBA courses are available in various modes and formats. Traditionally, a Full-Time MBA of two years\’ duration has been the popular choice among management aspirants. However, over the last few years, Executive MBA degrees and Online MBA degrees have gained immense popularity among aspirants owning to flexibility.

Read below some key highlights of each type of MBA course:

MBA CoursesMBA Courses Details
Full-Time MBA Courses
  • Full-time is the regular MBA degree of two years\’ duration.
  • It is a residential programme that includes physical classes, live projects, semester-wise assessments, summer internships, and final placements.
  • There are about5710 part time MBA colleges in India.
Part time MBA courses
  • Part-time MBA degree is not a residential programme.
  • Best suited for working professionals who wish to learn key managerial skills.
  • There are no campus placement or internship opportunities.
  • There are about269 part time MBA colleges in India.
Distance MBA courses
  • The candidates pursue the program via remote communication and correspondence.
  • Designed for people having limited time and resources as it is cheap and flexible.
  • There is flexibility in completing the course in two to five years.
  • There are over 457 distance MBA colleges in India
Online MBA courses
  • This is currently the most popular mode of MBA course owing to convenience and flexibility.
  • Lectures are imparted through video conferencing and the notes, tests, and assessments are shared in the Learning Management System (LMS).
  • There are no physical classes in Online MBA, thus one can pursue a course in one city while living in another.
  • There are about246 online colleges in India which are mostly private institutions.
Executive MBA courses
  • These MBA courses are exclusively designed for working professionals with more than five years of work experience.
  • The curriculum is similar to Full-Time MBA but it is of a shorter duration (15 to 19 months).
  •  Executive MBA programs are expensive.
  • There are about 457 executive MBA colleges in India.
5-years Integrated MBA courses
  • This is a five-year dual degree course that includes UG and PG degrees.
  • An Integrated MBA degree can be pursued after class 12.

MBA Placements

MBA placements in India are a crucial aspect of pursuing the degree. The MBA job placement process in India is highly competitive, and MBA graduates often have high expectations for salary and career growth.

Here are some top colleges that provide commendable placement opportunities to the candidates:

MBA CollegesAverage MBA Package (in INR)
Dravidian University51.36 LPA
IIM Calcutta31 – 33.67 LPA
Masters\’ Union33.1 LPA
IIM Bangalore33 LPA
S.P Jain Institute of Management and Research24.89 – 32.89 LPA
Indian Institute of Management Mumbai31 LPA
Faculty of Management Studies, University of Delhi31 LPA
IIM Ahmedabad30 LPA
IIM Lucknow30 LPA

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