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.

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. 

• 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.

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. 

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

Popular MBA Specializations

MBA Finance	MBA Marketing
MBA IT	MBA HR

MBA Skill Set

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 Skill Set
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

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

 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

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

 

FAQs related to MBA course 

Q: Which MBA course is the best?

A: All MBA courses or specializations have bright prospects for students in 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, JBIMS, NMIMS, IBS, GIM, GLIM and others. For the list of all top MBA colleges in India

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 a 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.