Master in Business Studies [MBS] is a 2-year postgraduate course for students who wish to learn business strategies. The minimum eligibility for the course is a bachelor’s degree in business studies or two Years’ Diploma in Business Management or Two Year’s Diploma in Management Science from any recognized University with minimum 50% marks.
As Business studies and business administration has become popular among the students in India, there are many colleges which offer undergraduate and postgraduate courses in the field. Some of the colleges offering Master in Business Studies [MBS] in India are-
It is a course which is suitable for candidates who wish to explore the business and management industry. The average tuition fee charged for Master in Business Studies [MBS] course in India ranges between INR 2 and 5 lacs for a span of 2 years.
The admission to the course is based on the marks secured by the candidate in the qualifying examination i.e. Diploma. However, many Universities and colleges conduct entrance examinations for admission to Master in Business Studies [MBS] course like B-MAT i.e. Bharati Vidyapeeth University Entrance Exam.
The students can become Manager, Financial Manager, Business Analyst, Financial Advisor, HR Manager, Management Analyst, etc. after successful completion of Master in Business Studies [MBS] course. The average annual salary offered to such professionals ranges between INR 3 and 5 lacs, increasing with candidates’ experience and expertise.
|Course Level||Post Graduate|
|Duration of the Course||2 year|
|Eligibility||Bachelor's degree in business studies or two Years’ Diploma in Business Management or Two Year’s Diploma in Management Science with minimum 50% marks.|
|Admission Process||Merit-based/ entrance exam|
|Course Fee||INR 2 lacs-5 lacs|
|Average Starting Salary||INR 3 lacs- 5 lacs|
|Top Recruiting Companies||MNCs, ICICI Bank, Infosys, Cognizant, Wipro, Accenture, KPMG , TCS, IBM etc.|
|Job Positions||Manager, Financial Manager, Business Analyst, Financial Advisor, HR Manager, Management Analyst, etc.|
Master in Business Studies [MBS] is one of the most popular postgraduate programs in India. The duration of the course is 2 years. The course aims to provide the knowledge about the business strategies, economics, administration, marketing, management, etc. to the students. The program trains the candidates with the specializations required for the proper functioning of a business entity. Basically, the program creates a platform for future management officials and business managers.
The program prepares a candidate for the real conditions and situations in the business industry and exposes them to the business environment by providing both the theoretical and practical knowledge of the subject.
Master in Business Studies [MBS] course covers the subject areas like Human Resource Management, Information Technology, Marketing, finance, Business economics, management accounting, finance, etc.
|Name of Institute||Location||Average Fees (in INR)|
|Suryadatta Institute of Management||Pune||2 Lacs|
|Savitribai Phule Pune University||Pune||18,000/year|
|Naralkar Institute of Career Development and Research||Pune||-|
|AKI'S Poona Institute of Management Sciences and Entrepreneurship - PIMSE||Pune||30,000/year|
|BPHE Society's Institute of Management Studies Career Development Research - IMSCDR||Maharashtra||1 Lac|
|Data System Research Foundation Commerce College||Pune||-|
|LK Phatak Institute of Technology and Management||Pune||-|
|Yashwantrao Chavan Institute of Social Science Studies and Research||Pune||-|
|Prin. D.B. Gadhave Mahavidyalaya and Institute of Management||Maharashtra||-|
|Institute of Management Studies, Career Development and Research||Pune||1.60 Lacs|
A candidate must have passed his bachelor's degree in business studies or two Years’ Diploma in Business Management or Two Year’s Diploma in Management Science from any recognized University with minimum 50% marks.
The admission process does not require the candidates to clear any common entrance examination but different universities & colleges conduct separate entrance examination for admission to Master in Business Studies [MBS] course. The candidate is required to fulfill the minimum eligibility conditions for the course and qualify the entrance exam in order to get admission to the course.
The course is spread over a span of 4 semesters. The syllabus of the entire 2-year course is as follows-
|Semester 1||Semester 2|
|Principles & Practice of Management||Human Resource Development|
|Business Economics||Management Accounting|
|Organizational Behaviour||Quantitative Techniques-Operational Research|
|Business Finance & Accounting||Production & Operational Management|
|Quantitative Techniques||Marketing - II|
|Computing & Web Technology||Logical Analysis, Programming & Visual Basic|
|Semester 3||Semester 4|
|International Business Management & Laws||Indian Business & Economic Environment|
|Research Methodology||Business Ethics|
|Management Information System||Project Work|
|Business Policy & Strategic Management||Marketing Specialisation|
|Marketing Specialisation||Export Marketing|
|Supply Chain & Logistic Management||Marketing Research|
|Advertisement & Sales Distribution Management||Services Marketing|
|HRD Specialisation||HRD Specialisation|
|Industrial Relations & Labour Laws||Management Consultancy|
|Personnel Administration & Disciplinary Proceedings||Training and Organisational Development|
|IT Specialisation||Case Studies in HRD and Labour Laws|
|Object Oriented Analysis Design and DHTML||IT Specialisation|
|Core Java with JDBC||RDBMS with Oracle|
|Dual Specialisation Marketing + IT||Business Intelligence|
|Supply Chain & Logistic Management||Dot Net Techniques|
|Advertisement & Sales Distribution Management||Dual Specialisation(Mktg. + IT)|
|HRD + IT||Services Marketing|
|Industrial Relations & Labour Laws||Business Intelligence|
|Personnel Administration & Disciplinary Proceedings||Dot Net Techniques|
The syllabus of the course may vary according to different universities.
The students completing Master in Business Studies [MBS] have huge job opportunities in the growing business and management sectors of India. Apart from this, these students can work in Colleges & Universities and sectors like consulting, finance, consumer goods marketing, and technology, etc.
They can work as Manager, Financial Manager, Business Analyst, Financial Advisor, HR Manager, Management Analyst, Professor, Associate developer, Business Development Executive, Human Resource Manager, etc.
A student can also opt for further studies like Ph.D. in Business or Management studies.
Some of the job roles are as follows-
|Job Role||Job Responsibilities||Average Salary (Annual)|
|Business analyst||To analyze a business organization. Suggest requirements for the proper working of a business and understand the needs of the organization.||INR 4.5 Lac- 5 lacs|
|Human Resource Manager||To manage and maintain the Human Resource of a company by recruiting new members, providing proper training. He is responsible for the entire recruitment process in an organization.||INR 5 Lac- 6 lacs|
|Financial Manager||To look after the finances of a company, to prepare financial reports and keep a track of all of them.||INR 5 Lac- 7 lacs|
|Professor||To teach all the principles of business studies to students in any college or university.||INR 3 Lac- 5 lacs|