Master of Business Administration or M.B.A is one of the most reputed 2 year post-graduation degree in the world which is designed to develop skills in management and business.Usually in India, the duration of MBA is 2 years, which is divided into 4 semesters. However, in India if you want to pursue a professional MBA course or executive MBA course then the duration will be slashed by one years.
Some Entrance Exams conducted for admission in MBA Course are:
MBA for people with good work experience is also offered in some good business schools in India with a time duration of one year.
The average fee for pursuing this course may range anywhere between INR 2 to 17 lacs depending upon the institute or university which provides education in this course. Basic eligibility for MBA is an undergraduate degree in any discipline.
Top Institutes offering MBA are:
An MBA graduate at an entry level can earn anywhere between INR 4 to 15 lacs annually depending on his/her expertise and the respective institute. Various job profiles in the field are Account Manager, Brand Manager, Equity Research Analysts and Project Manager.
Also the course is provided by more than 3000 institutes throughout the country where the admission and the selection is based on entrance exam. Students can opt for Full-time MBA or Part-time MBA or even Executive MBA
Semester System/Year wise
10+2 with 50% (45% marks for reserved candidates) marks in any stream
Merit-based/ Entrance test
INR 2 lacs to 17 Lacs
Average Starting Salary
INR 4 to 15 lacs per annum
Top Recruiting Companies
Accenture, Vodafone, Snapdeal, Flipkart, TATA, Airtel, Samsung, Micromax
Top Recruiting Areas
Banks, Business Consultancies, Brand Marketing, Non-Profit organization, Educational Institutes, Export Companies, MNCs etc
Account Manager, Brand Manager, Equity Research analyst, Management Consultant, Marketing Manager, Project Manager, Zonal Business Manager.
MBA is the pursuit of innovative and traditional business methodology developed through collaborative teamwork, individualized self-discipline, and interaction with professors and the business world. The objective is to bring all these aspects together to become a socially responsible and innovative manager, ready to tackle immense issues experienced by companies with poise, knowledge, and for the benefit of the organization and customer service as a whole.
There are mainly two types of MBA offered:
Regular MBA- The duration of the course is 2 years and each year is divided into 2 semesters. Also a person needs to complete the internship during the middle of 1st and 2nd year of the course which is designed to enhance the practical knowledge of management to help students become thorough with business administration skills in an advanced manner.
Executive MBA- Online MBA, also known as E-MBA is a Management Course focused around working professionals. The courses are structured to impart management education to professionals aspiring to move to mid-level or senior level management. The duration of the course varies from 1 year to 2 years.
Also it is thought that this course gives a detailed overview of business challenges to make a person fit for becoming a businessman, however the overview is discussed in deep to create a person with excellent managerial and administrative skills and not business skills. Hence it is not necessary that an excellent MBA grad can be an excellent businessman as well.
There are more than 40 streams to choose while opting for an MBA in India. A brief list of some of the popular streams are-