Examples of such institutes include the ICFAI Business School, Great Lakes Chennai, IMT Nagpur, IFMR Sri City, BIMTECH Greater Noida, SIES Mumbai, Welingkar Mumbai, etc. Candidates must appear in their targeted MBA entrance exam to enroll in their dream B-school. There are even many top B schools that are taking applications these days. Candidates should fill out the application form and start preparing to crack their respective entrance exams.

 

The first and foremost step in the path of MBA admissions is the selection of the specialisation in MBA courses. This is directly linked with the choice of career of the students. After that, the selection of the correct B-school with the required specialisation is another important task for the candidates. Students must choose their college after researching thoroughly the chosen college and the eligibility criteria, admission process, fees, location, and the number of seats available in such Institute.

 

Candidates must then research about the MBA admission criteria, cut off and stages of the selection process of such institutes. There are many MBA schools that take admission only on the basis of national-level entrance exams. There is also another set of top B schools which has the process of selection apart from the entrance exam. These institutes conclude the MBA admissions with personal interviews and group discussions with significant weightage given to past academic qualifications and other activities of candidates. The B-schools inspect various skills in the candidates such as leadership, analytical, management, and communication skills.

 

Candidates can take top MBA entrance examinations like CAT exam, XAT, SNAP, IIFT, and NMAT by GMAC for the academic session of 2023-25. Let us get a detailed insight into MBA admissions 2023, admission schedule, top entrance exams, eligibility criteria, and more.

 

Master of Business Administration (MBA) is a professional master’s degree in business management. An MBA programme is designed to develop students’ business acumen and leadership skills. It is a degree that has been around for over a century. As one of the most popular degrees globally, MBA is offered by many top management colleges in India alongside IIMs. After completing an MBA programme, graduates can find a variety of MBA jobs in diverse sectors such as banking, consulting, finance, human resources, marketing, and operations. Not only management aspirants but also many BTech, BBA, BCom, 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 industries and sectors.

 

Despite being the popular one, there is a certain section of students who do not have proper knowledge about the MBA degree. 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 2023 and more in this article. Continue reading to brush up on your understanding of what an MBA is.

 

What is an MBA?

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. The 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. Further, students can pursue many 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 (HRM), information technology (IT), and international business areas (IB).

MBA courses require applicants to pass entrance exams such as the Common Admission Test (CAT), Xavier Aptitude Test (XAT), Management Aptitude Test (MAT), 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.

In addition to these admission examinations, aspirants may appear for other exams at the national, state, and institutional levels to be eligible for an MBA. Additionally, they must have completed their undergraduate degree programme or be in their last year of graduation. Candidates for admission to the best online MBA 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.

Highlights- MBA (Master of Business Administration)

Particulars	Details
Name of the Course	MBA
Course Level	Postgraduate
MBA Course Duration	2 years
MBA Eligibility Criteria	Candidates must pass a bachelor’s degree in any specialization from a recognised university with a minimum aggregate of 50 per cent (In the case of IIMs, it’s 60 per cent).
Admission and Entrance Examinations	CAT, MAT, XAT, ATMA, CMAT, GMAT, NMAT
Top Colleges	IIMs, MDI Gurgaon, FMS Delhi, SPJIMR Mumbai, XLRI
Similar Specialisations	MBA in Finance, MBA in Sales, MBA in Human Resources, MBA in Marketing, MBA in Business Analytics, MBA in Digital Marketing
Average MBA fees	Government MBA colleges: Rs 50,000 to Rs 4 lakh Private MBA colleges: Rs 20 lakh to Rs. 25 lakh
Careers	Manager, Sales Manager, Marketing Manager, HR Manager
Average Salary	Rs. 15,00,000 LPA
Top Recruiters	Google, Deloitte, NTPC, Citibank, ITC, Vodafone, Larsen & Toubro, Nestle Flipkart, Microsoft Amazon, Wipro, PwC

 

MBA Eligibility Criteria

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

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

MBA Admission Process

In India, applicants are often accepted for MBA courses in top management colleges in India depending on how well they perform in the MBA entrance examinations. However, several of these MBA colleges in India prefer conducting their own entrance exams and the admissions are based on the merit list.

MBA Admission on the basis of merit

Admission to MBA 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. This MBA admission process is carried out entirely on the basis of MBA entrance exams.

MBA Syllabus

The regular MBA course duration is basically of two-year which is divided into four semesters that include an internship as well. Listed below are semester-wise MBA course list for a regular MBA programme:

Semester 1
Business Communication	Marketing Management
Organisational Behaviour	Human Resource Management
Computer Applications & Management Information System	Quantitative Methods
Financial Accounting	Managerial Economics
Semester 2
Business Research Methods	Operation Management
Management Science	Management Accounting
Economic Environment of Business	Production Operations and SCM
Organization Effectiveness and Change	Legal Aspects of Business
Semester 3
Business Ethics & Corporate Social Responsibility	Strategic Analysis
Elective Course II	Elective Course I
Legal Environment of Business	Digital Marketing
Elective Course III	Elective Course IV
Semester 4
Corporate Governance	Entrepreneurship Development
Elective 1	Cyber Security
Elective 2	Elective 3
Elective 4	Elective 5

 

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