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Master of Business Administration (MBA)

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What is Master of Business Administration (MBA)?

The full form of MBA  is Master of Business Administration. MBA is a postgraduate degree program that provides advanced business and management training. The course will equip students with the knowledge and skills to succeed in leadership roles. MBA programs emphasize the development of an individual’s analytical, critical thinking, and decision-making skills. MBA also helps students to communicate effectively and work effectively in teams. 

MBA Course Details


MBA is a two-year postgraduate programme that offers vast career opportunities after course completion. An MBA degree prepares students for leadership roles in the business world and enables them to find work in varied industries. Below is the table indicating the key highlights of the MBA course:

Particulars

Details 

MBA Full Form

Master of Business Administration

Course Level

Post Graduation

Types of MBA

Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA and Integrated MBA

MBA Course Fee

INR 2 Lakh – INR 27 Lakh and above

MBA Admission Process

Entrance Exam + Group Discussion + Personal Interview

Top MBA Entrance Exams

CAT, CMAT, XAT, MAH MBA CET, etc.

Top MBA Colleges

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc. 

Top MBA Specialisations

Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing and Business Analytics

Job Profiles

Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.

Average Salary 

INR 5 LPA – INR 25 LPA

Top Recruiters 

Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc.

MBA Eligibility Criteria

The MBA eligibility criteria vary from one institution to another, but there are some common requirements that prospective students must meet. Meeting the eligibility criteria for an MBA is the first step towards pursuing an MBA course and ensures that candidates have the necessary foundation to excel in their studies.

Full-time MBA eligibility criteria are as follows: 

Course TypeEligibility Criteria
Full-time MBA
  • Graduation with 50 per cent average marks in any discipline or equivalent from a recognised university.
  • For reserved category students, the minimum score is 45 per cent in aggregate.
  • Final year graduation students and professionals with CA/CS/ICWAI and other degrees can also pursue full-time MBA
Distance MBA
  • Any graduate who has completed a bachelor’s degree programme from an accredited university with a minimum of 50 per cent marks can apply for the Distance MBA programme. 
  • There is no maximum age for distance MBA eligibility, but candidates must have passed certified MBA admission exams taken by the colleges prior to admission. 
Online MBA
  • The eligibility criteria for an Online MBA is graduation from a recognised university. The minimum aggregate score in graduation may vary for different colleges.
  • Some colleges also take into consideration scores of MBA entrance exams like CAT, MAT, XAT, etc.
  • Some colleges also have the mandatory eligibility criteria of two – three years of work experience for an Online MBA.
Executive MBA

  • Bachelor’s degree with a minimum of 50 per cent aggregate or equivalent from a recognised university.

  • The candidate must have at least two years of work experience at the managerial or executive level. Work experience in part-time mode is not accepted by any MBA institute.

  • The number of working years viz. the work experience varies from two to five years for every institute. The candidate must check the eligibility criteria of the preferred B-schools before applying.

MBA Admission

Admissions to all B-schools typically take place through an entrance test. The test can be one of the following types:

  • National-level tests conducted by an apex testing body or a top national B-school on behalf of the other participating colleges e.g. CAT, MAT, CMAT or ATMA
  • State-level tests conducted by a state-level testing body or a top state B-school on behalf of the other participating colleges in that state e.g. MAH-CET, OJEE, KMAT, TANCET or APICET
  • Institute-level test conducted for admission to its own MBA programme. In some cases, these scores can be accepted as a qualifying criterion by other B-schools as well e.g.  XAT, NMAT, SNAP, IBSAT
  • Test conducted by a university for admission to MBA programmes being offered by colleges that are affiliated to it e.g. KIITEE, LUMET, HPU MAT

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