MBA is an internationally accepted post-graduate level degree that imparts a strong theoretical foundation in business concepts. It is one of the popular 2-year professional course which is the ever demanding one in India. There are two types of MBA- General and Specialized and cover different subjects including Commerce, economics, Management etc. The main aim of this course is to instill management skills and knowledge in students. MBA and other programs in Management are highly demanding in the present scene because of the emergence of the large corporate houses, MNCs and industrial giants and the worldwide economic growth.
Eligibility Criteria for MBA Admission In India
Minimum educational qualification required is – completed Bachelor’s Degree course from any AICTE (All India Council for Technical Education) recognized University/Institute. Minimum aggregate marks criteria may exist and it may vary from one institute to another.
MBA Course Duration
The duration of the Master of Business Administration is Two Years. Each year consists of Two semesters. The entire academic program is made up of Four Semesters.
- Nonprofit and Government
- Operations and Logistics
- Risk Management
- Sport management
- Aviation Management
- Family Business and Entrepreneurship
- Hospital and Health Care
- Hospitality Management
MBA Admission Process
Admission to the MBA programme is done on the basis of performance in Entrance Test (XAT, GMAT, JMET or MAT) and followed by the Group Discussion and Personal Interview. Some institutes and universities also conduct Essay Writing Test prior to Group Discussion and Interview. The process of admission through entrance tests is better explained through the below-given process.
- 1st Step - Online / Paper - based Entrance Test
- 2nd Step – Group Discussion / Personal Interview
- Final Step – Final Offer of Admission
MBA Entrance Exams In India
- NMAT by GMAC
MBA Entrance Exam Pattern
MBA Entrance Exam is mostly 2-hour multiple-choice tests, now institutions are going for Computer-based tests and online tests. The B- schools conduct test once a year or in a periodic manner. Each institute has its own written admission test.
Jobs and Career options after MBA
There are lots of career prospects available to the fresh and capable Managers after the end of MBA. They can find employment in Indian or Multi-national companies. Aspirants have a great job opportunity in the industrial world. Once you have completed your degree, You can also go for Ph.D. programs in Indian Universities or Foreign Universities. No need to specify the companies who recruit the MBA degree holders. All sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for MBA graduates.
Some job profiles are listed here:
- Brand Manager
- Account Manager
- International Business Manager
- Marketing Executive
- Business Technical Consultant
- Business Development Executive
Salaries Offered to MBA Candidates
MBA fresher will get an initial pay package of 8.9 lakh on an average. An Experienced candidate from a reputed Companies can demand the salary on basis of skills. MBA graduates from different specialization will receive diverse pay packages.