Master of Business Administration: Why MBA, Courses, Eligibility, Fees, All About MBA!

What is a Master of Business Administration?

MBA Degree is the most prestigious degree that offers knowledge of key business practices. Master of Business Administration Degree becomes one of the most prominent post-graduation courses in the world. What makes this course so popular among the youth? Let’s check why Masters of Business Administration is so famous.

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  • MBA is a professional course. It builds professionalism and teaches the way of doing business on national and international grounds.
  • MBA enhances the ability to plan, organising, direct and lead the group.
  • MBA opens the way for overseas jobs as it is worldwide accepted.
  • The batch in MBA comprises of people from different graduation background like B.Com., B.Sc., B.Tech etc. This escalates the creativity among the students.
  • Master of Business Administration increases your earnings or salary
  • It helps in building your own business.
  • One can pursue MBA through various modes, such as Regular, Online and Distance-Education. It also offers customised programmes based on the candidate professional experience, such as Executive MBA. 
  • During MBA, the students work on live projects, case studies, and assignments that help develop the students’ overall development.

MBA Teaches you following skillset – 

  • Planning
  • Strategizing
  • Personal Finance
  • Entrepreneurship
  • Problem Solving Skills
  • Leadership
  • Ability to work under pressure

For Master of Business Administration eligibility, one requires a minimum of 50% marks in graduation in any discipline. MBA courses provide knowledge in a wide variety of fields like Finance, Marketing, Human Resources, Operations, risk management etc.
Master of Business Administration Duration – 2 years Admission to an MBA, one should have to clear the entrance exam conducted by the Colleges. Based on the percentile scored in the exam. A bachelor gets his college. There are several entrance exams for admission to an MBA.

Entrance Exam

International testGMAT
National level testCAT, MAT, CMAT
State level testMAH-CET, OJEE, KMAT, IPU-CET
Test conducted by b-schools IIFT, IBSAT, SNAP, XAT
Test conducted by universityKITEE, AMU, PESSAT

Courses and specialisations

Some of the most Popular MBA specializations are as follows – 

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FinanceDigital MarketingRural ManagementRetail
MarketingBusiness AnalyticsInternational BusinessSupply Chain
SalesProduct Sports managementBanking
Human ResourcesOperationsTelecom ManagementHealthcare
Information TechnologyHospitalityProject managementMaterial Management

Top MBA Colleges in India are

  • Indian Institute of Management
  • Indian School of Business
  • XIMR
  • Goa Institute of Management
  • SIBM
  • IMT

Job Opportunities after MBA

An Master of Business Administration 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, strategizing, executing, leading the team, coordinating with other departments, delegating work and responsibilities, and reporting to higher authorities regarding projects undertaken. Below we have mentioned the job site and the average salary for the MBA professional field. Let’s check.

Job TitleAverage Salary (in INR)
Account Manager5 to 6 Lacs
Brand Manager9 to 10 Lacs
Equity Research Analyst3 to 4 Lacs
Management Consultant4 to 5 Lacs
Marketing Manager4 to 5 Lacs
Project Manager7 to 8 Lacs
Business Analyst7 to 8 Lacs

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