All About MBA: Master of Business Administration is a post-graduate masters level degree that imparts knowledge about business and management concepts. It is a two-year course divided into four or six semesters. It helps in building hard-skills in the areas of management and leadership.
MBA provides a plethora of opportunities within the course say, students who prefer to crunch numbers and are comfortable delegating to the background with balance sheets may do well with finance specialization. And those who love to interact with clients, are creative and innovative, and can influence people easily can choose Marketing as their specialization in the Master of Business Administration course.
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All About MBA: Eligibility
- Graduation in any field or equivalent from a recognised university.
- Final-year graduates are also eligible to apply for Master of Business Administration.
- Candidates must appear for Master of Business Administration entrance exam.
National – Level Entrance Exams List:-
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- GMAT (Graduate Management Admission Test)
- ATMA (AIMS Test for Management Admissions)
- CMAT (Common Management Admission Test)
- NMAT (Narsee Monjee Management Aptitude Test)
- SNAP (Symbiosis National Aptitude Test)
List of MBA Specializations:-
- Marketing
- Finance
- Hospitality
- Human Resources
- Digital Marketing
- Operations
- Export/Import
- Sales
- IT (Information Technology)
- Healthcare
- Business Analytics
- Pharma
- Supply Chain & Logistics
- Economics
- Retail
- Entrepreneurship
- Forestry
- Telecom
- International Business
Few other specializations in Master of Business Administration course include – Disaster Management, Oil & Gas, Textile, Rural Management, Project Management, Agriculture, Public Policy and so on.
Above subjects are offered at the foundation level, after a specific period of time (1-2 years), one can wish to specialise in any of the above subjects. Depending upon priority, one may choose a field as per the market demand (job availability), interest area, preferred job profiles and the compensation package.
Some commonly opted specialisation subjects are – Information Technology, Human Resources, Finance, Operations and Digital Marketing.
Types of MBA Programme:-
- Part-time MBA
- Full-time MBA
- Executive MBA
- Distance MBA Courses
- Correspondence Course (MBA)
- Online MBA Programme
- Dual MBA
The average duration of full-time Master of Business Administration programs can range between 1-2 years.
Best MBA Colleges in India
- Indian Institute of Management, Indore
- Narsee Monjee Institute of Management Studies, Mumbai
- Indian Institute of Management, Ahmedabad
- Xavier School of Management, Jharkhand
- Great Lakes Institute of Management, Chennai
- Indian Institute of Management, Bangalore
- Indian Institute of Foreign Trade, New Delhi
- Indian Institute of Management Technology, Ghaziabad
- Christ (Deemed to be University), Bangalore
- Indian School of Business, Hyderabad
- Indian Institute of Management, Shillong
- Xavier Institute of Management, Bhubaneswar
- Faculty of Management Studies, New Delhi
- Symbiosis Centre for Management and Human Resource Development, Pune
- Management Development Institute, Gurugram
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Top 15 Master of Business Administration Colleges Around the World:-
- Harvard Business School, United States
- Stanford University, United States
- Indian Business School, India
- London Business School, United Kingdom
- International Institute for Management Development, Switzerland
- Schulich School of Business, Canada
- University of Virginia, United States
- WHU – Otto Blenheim School of Management, Germany
- Rotterdam School of Management, Netherlands
- Indian Institute of Management Studies, India
- Melbourne Business School, Australia
- Auckland University of Technology Business School, New Zealand
- INSEAD, France/Singapore
- The Wharton School, United States
- Cheung Kong Graduate School of Business, China
MBA Job Prospects
Team meetings, client relations, consulting, business planning are the major activities an employed in Master of Business Administration has to perform. Although, every other profile in MBA ends with a ‘manager’ tag but let’s discuss some major job profiles and top recruiters…
JOB PROFILE
- Human Resource Manager
- Digital Marketing Manager
- Project Manager
- Data Analytics Manager
- Marketing Manager
- Operations Manager
- Financial Analyst
- Business Analyst
- Relationship Manager
- Management Consultant and so on.
TOP RECRUITERS
- HDFC
- McKinsey & Company
- Boston Consulting Group
- PwC
- Infosys
- Cipla
- Citibank
- Microsoft
- ITC
- J.P. Morgan
- Amazon
- KPMG
- Mahindra
- Reliance
- Deloitte
- Goldman Sachs
- TCS and so on.
All About MBA: Frequently Asked Questions (FAQs)
- What is meant by dual-MBA or dual-specialization in MBA?
When a candidate has a choice to pursue two discrete Master of Business Administration specializations during the same duration of Master of Business Administration degree, it’s called a dual specialization. For example – Analytics and Accounting, Cybersecurity and Logistics, Accounting and Finance, etc.
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- What is the average course fee of pursuing MBA degree?
The average course fee of MBA ranges between 2 lacs and 5 lacs.
- What is meant by distance MBA?
When a candidate wishes to pursue a Master of Business Administration course online or not being physically present in the classroom, that is known as distance MBA.