Master of Business Administration [MBA] - Course Overview

  • STREAM

    MANAGEMENT

  • DURATION

    2 YEARS

  • COURSE

    General

  • COURSE TYPE

    Post Graduation

    MBA (Master of Business Administration) Full Form, Courses, Subjects, Entrance Exams, Colleges in India 2020-21

    Sakshi Gupta Sakshi Gupta
    Content Curator

    MBA or Masters of Business Administration is a 2-year postgraduate course that is widely preferred in India and Abroad. MBA degree aims at developing management and business skills in students and prepares them for the corporate world.

    In order to meet MBA eligibility, you should have at least completed your graduation with minimum aggregate marks of 50%. (Students can apply in their final year of graduation as well.)

    Alert: Many top MBA entrance exams like MAT have been postponed due to the COVID 19 crisis in India.

    Every year, India witnesses around 3,60,000 students passouts from the top MBA Colleges in India. In most of the colleges, MBA admissions are done on the basis of the percentile secured in the MBA entrance exams conducted at national or university level. Types of MBA courses, apart from full-time MBA, include MBA Distance Education and Executive MBA.

    MBA: Key Highlights

    • MBA is a 2 year Postgraduate course that can be pursued by students from any stream. 
    • Eligibility is graduation with minimum aggregate marks in any field along with qualified entrance exam.
    • MBA Entrance Exams include: CAT, XAT, MAT, NMAT, GMAT, SNAP, CMAT and others. 
    • The course helps an individual in understanding all the aspects related to business administration and management.
    • MBA is available in regular, distance and online mode of education.
    • Executive MBA can be opted by students who have work experience of 2 to 5 years.
    • Various MBA Specializations include MBA Finance, MBA Marketing, MBA International Business, MBA Digital Marketing, MBA Business Analytics and others. 
    • The average MBA salary in India ranges between INR 5-12 LPA.

    While the full-time MBA duration remains 2 years, the distance education mode can take up to 5 years. In all kinds of modes, MBA subjects remain almost the same with slight variations.

    For MBA Distance education, one of the most preferred institutions is IGNOU. The course fee of MBA from IGNOU is nearly INR 37,800. On the other hand, an Executive MBA is a 1-year professional course that focuses on working professionals.

    As per NIRF MBA ranking, some of the top MBA colleges in India are:

    NIRF RankCollegeAdmission ProcessAverage FeesAverage Placement
    1IIM BangaloreCATINR 18.7 lakhINR 26.3 lakh
    6IIT KharagpurCATINR 9.27 lakhINR 16.29 lakh
    7XLRI JamshedpurXATINR 20 lakhINR 22.35 lakh
    12MDI GurgaonCATINR 18.48 lakhINR 20.13 lakh
    16SPJIMR MumbaiCATINR 17.5 lakhINR 22.9 lakh

    The average fee to pursue this course is around INR 12-15 lakh depending upon the colleges.

    You can pursue this course in both semester or trimester form depending upon the college. MBA subjects will primarily be related to Marketing, Human Resource Management, Business Planning, Finance Management, etc.

    Apart from the general MBA degree, there are various MBA specializations that you can opt for a detailed study in one particular field of management. Two of the most preferred specializations are MBA Finance and MBA in Marketing.

    Check the complete MBA courses list.

    You will often find many reputed institutes offering PGDM instead of an MBA, although both the courses are more or less the same. Read the Difference between MBA and PGDM.

    The average MBA salary in India ranges between INR 5-12 LPA. There is a long list of companies hiring an MBA student in India in numerous profiles.

    Read More: MBA Career and Job Options

    MBA Eligibility

    MBA Eligibility

    In order to get admission, you must satisfy the MBA eligibility criteria given below:

    • You should have a bachelor’s degree with a minimum of 50% aggregate in any discipline from a recognized university. If you belong to a reserved category, then you just need a minimum aggregate of 45%.
    • If you are in your final year, then also you are eligible to apply for this course, provided that you provide the proof of completion of your graduation within the time period as given by the college.

    However, it is advised that candidates have a work experience of a minimum of 24 months, as many institutes prefer students with corporate experience before entering the managerial level.

    MBA: Course Highlight

    Some of the major highlights of the course are as follows.

    Course LevelPostgraduate Degree
    Duration of the Course2 years
    Examination TypeSemester
    EligibilityGraduation with at least 50% marks in any stream.
    Admission ProcessMerit Based/Entrance Exam
    Distance EducationAvailable
    Online EducationAvailable
    Integrated CourseAvailable
    Average Course FeeINR 2-30 lakh
    Average Starting SalaryINR 5-9 lakh per annum
    Top Recruiting CompaniesAmazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, etc 
    Top Job AreasBanking, Finance, Telecom, Events, Sports, Branding & Advertisement, Digital Marketing, Foreign Trade, Human Resource Management, Marketing, etc.
    Top Job PositionsAccount Manager, Brand Manager, Equity Research Analyst,Management Consultant, Marketing Manager, Project Manager, etc
    MBA: What is it About?

    MBA: What is it About?

    MBA course teaches students about various business and management skills. They learn how the corporate industry operates and how the business world works.

    • The course aim is to make socially responsible managers capable of managing teams and providing valuable insights. They should work for the benefit of the organization and the customer service as a whole.
    • The regular MBA course includes mandatory internships during the breaks in both the years. It is done to enhance the practical knowledge and skills of the students.
    • This is known to be the most sought after postgraduate course. Year by year, the number of enrollments in this course is rising at a great pace.

    Some of the prominent skills taught include:

    Collaborative TeamworkIndividualized Self-Discipline
    Interaction with PeopleCrisis Handling
    Strategic Research & AnalysisCommunication Skills

    The graph below shows the increasing enrollment trends in previous years:

    management course enrollment in India
    MBA vs PGDM

    MBA vs PGDM

    Students often remain confused about what exactly is the difference between MBA and PGDM courses. The table below brings an end to that confusion.

    ParameterMBAPGDM
    OverviewMBA is a degree course.PGDM is a post graduate diploma course.
    Institute TypeGenerally, the colleges which are affiliated to a university can offer an MBA course. For eg: FMS Delhi, NIMT, etc. Autonomous institutes like IIMs, XLRI, SIBM, etc can offer PGDM courses. They are approved by AICTE.
    ObjectiveIt is more focussed on developing business and technical knowledge among students.It is more focussed on giving practical knowledge. A practical approach is being used for every aspect. Moreover, students will become industry-oriented and adaptable to the corporate world.
    DurationAs per UGC, it is for 2 years.PGDM is for 1-2 years. A 2-year PGDM will be equivalent to an MBA.
    CurriculumThe curriculum is not revised frequently as the colleges cannot introduce changes without the consent of the university.The curriculum is flexible here as the colleges can introduce elemental changes on their own.
    FeesIt is affordable as compared to PGDM.It is quite expensive compared to MBA.

    Check PGDM course for more details.

    Why study MBA?

    Why study MBA?

    MBA degree is in high demand because of the benefits it tags along. Below we have described some of the main reasons why people are pursuing MBA.

    • Promotes Self Growth: During the MBA programme, a student learns so many things and all this helps in boosting his/her confidence. This, in turn, leads to the personality development of a student.
    • Networking: Students from all the streams are studying together which makes networking even more interesting and easier. You will get to learn so much from the students of other streams.
    • Strategic Thinking: Business administration and management is tough and complex, therefore thinking strategically and out of the box  is what this program offers to an aspirant.
    • Communication Skills: Communication skills are promoted through this course as it is  one of the keys to success. At the same time having this skill can make your business stand out.
    • Entrepreneurial Skills: During MBA, you will learn more about the business management skills which help you in entrepreneurship. You will gain theoretical as well as practical knowledge about the core management subjects like Marketing, Human Resources, Finance, Operations, Project Management, etc.
    • Enhanced Knowledge and Skills: Apart from technical and managerial skills you will learn many other skills like entrepreneurial, operations, etc.
    • Huge Job Opportunities: There are various job options after doing an MBA. You can pick according to your field and choices. 
    • Higher Salary: If you are pursuing an MBA from a good college, then you can easily expect an average annual package of INR 10 Lakhs.
    • Top Recruiters: MBA degrees can make an individual get the opportunity to work with top recruiters of the world like Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook and many more.
    MBA Specializations

    MBA Specializations

    There are so many specializations in MBA and you can select one of them depending on which field you want to specialize.

    top mba specializations

    Some of the top MBA specializations are described below:

    • MBA Finance:

    Finance consists of a broad spectrum that consists of management of money, debts, investments, banking, and other similar aspects.

    MBA Finance is one of the most pursued specializations in management and business. Finance Management is an important and crucial aspect of any business and requires trained professionals to determine the aspects of funding and investment.

    Average FeesINR 4-15 Lakhs
    Average SalaryINR 5-12 Lakhs

    Some of the top MBA Finance Colleges in India are FMS Delhi, MDI Gurgaon, among others. The table below shows some of the best colleges, institute and universities that students prefer to study this course.

    College NameLocationExam AcceptedAverage Fees
    Faculty of Management Studies (FMS Delhi)New DelhiCAT 2020INR 21,000
    NMIMSMumbaiNMAT 2020INR 18,50,000
    Symbiosis Institute of Management Studies (SIBM)PuneSNAP 2020INR 19,00,000

    To know more, check MBA Finance Syllabus.

    • MBA Marketing:

    Marketing is one of the most pursued fields that involves creating, delivering, communicating, and exchanging offerings that have value for customers, clients, partners, and society at large. The course MBA Marketing extends skills and learnings required for marketing or sales of a product, brand or company.

    This course covers various skills that are needed when it comes to marketing or sales of a particular brand, company or organization. MBA Marketing subjects teach skills like branding, communicating, selling, advertising, and many other problem-solving skills.

    Average FeesINR 8-15 Lakhs
    Average SalaryINR 4-10 Lakhs

    Some of the top MBA Marketing Colleges in India are Christ University, IIT Roorkee, among others. The table below lists some of the best universities and colleges for this highly pursued specialization.

    College NameLocationExams AcceptedAverage Fees
    Indian Institute of Technology (IIT) MadrasMadrasCat 2020, XAT 2020, MAT 2020, GMAT ExamINR 12,00,000
    BITS PilaniPilaniCAT 2020, GMAT ExamINR 7,50,000
    ICFAI Business SchoolHyderabadIBSAT 2020, NMAT 2020INR 15,00,000
    Christ UniversityBangaloreCAT 2020, MAT 2020, XAT 2020INR 8,00,000
    • MBA in HR Management:

    Human Resources is one of the most crucial aspects of any organization or a company. Human Resource Management is important since it makes sure that an organization has the adequate number of people with the required skills and knowledge to fulfill the strategic aims of a company.

    Average FeesINR 12-17 Lakhs
    Average SalaryINR 5-10 Lakhs

    After graduating MBA HR Management in this specialisation, you will be able to work as an HR Manager with an average salary of around INR 9 LPA according to Glassdoor. You can also be hired as Compensation Manager, Payroll Manager, etc. To know more, check MBA HR Jobs & Career.

    Some of the best MBA in HR Colleges in India are mentioned in the following table. 

    College NameLocationExams AcceptedAverage Fees
    IIT RoorkeeRoorkeeCAT 2020INR 9,00,000
    BIM TrichyTiruchirapalliCAT 2020INR 14,50,000
    BIT MesraMesraCAT 2020, MAT 2020INR 6,00,000
    • MBA In Hospitality Management:

    Hospitality Management is one of the most paid sectors and an important part of the Indian economy. The course is beneficial to those who wish to secure a reputable job in hotels, restaurants, bars, Cruise, Airlines and other recreational areas.

    This program concentrates mainly on marketing and event leadership subjects as they are of prime importance in the study of MBA degree.

    Average FeesINR 3-4 Lakhs
    Average SalaryINR 5-8 Lakhs

    After graduating with an MBA in Hospitality Management, students who have an interest in leadership roles in top-notch hotels, resorts, bars, airlines, and other catering and hospitality businesses get jobs such as Restaurant Manager, Hotel Manager, Cruise manager, etc., the average salary of which is around INR 4-8 LPA.

    Some of the best MBA in Hospitality Management colleges in India are mentioned in the table below.

    College NameLocationExams AcceptedAverage Fees
    Anna UniversityChennaiTANCET INR 1,00,000
    Universal Business SchoolKarjatCAT 2020, GMAT, CMAT 2020INR 20,00,000
    Amity Global Business SchoolNoidaCAT 2020, MAT 2020, XAT 2020INR 8,00,000
    • MBA In Business Analytics:

    Business Analytics is used by many companies and organizations to data-driven the decision-making process in terms of making good business decisions.. It is a study of data through analysis of statistics and operations, the formation and evaluation of predictive models, applications used for optimizing techniques, etc.

    The MBA in Business Analytics program covers both the technical and business domains which are needed for dealing with future challenges in technology and data-driven environments.

    Average FeesINR 3-5 Lakhs
    Average SalaryINR 4-15 Lakhs

    This business analytics course consists of various complex simulation, statistics, optimization, data mining and visualization, decision analysis, artificial intelligence, predictive modeling, marketing,  finance and many more.

    The average salary of a successful, experienced and accomplished Business Analysts anagr is around INR 16-17 LPA according to Glassdoor.

    Some of the best colleges to pursue MBA in Business Analytics colleges in India is mentioned below.

    College NameLocationExams AcceptedAverage Fees
    NMIMSMumbaiNPATINR 18,50,000
    SIBMPuneSNAPINR 19,00,000
    Great Lakes Institute of ManagementChennaiCAT 2020, XAT 2021, GMAT ExamINR 22,00,000
    • MBA in Digital Marketing:

    Digital Marketing is one of the most famous marketing that encompasses all marketing efforts that use an electronic device or the internet. Nowadays, almost every company and organisation is making use of digital marketing platforms to market their products, services and to increase business opportunities all over the world.

    Various online spaces have become effective branding, advertising, and marketing platforms, and simultaneously, the need for specialists and experts in this field is highly required, both in India and Abroad. 

    Average FeesINR 3-5 Lakhs
    Average SalaryINR 4-8 Lakhs

    Some of the common job profiles of MBA Digital Marketing are Pay Per Click/SEM Manger, SEO Specialist/Manager, Social Media Manager, Content Marketing Manager, etc. According to Payscale.com, the average salary of a Digital Marketing Manager is around INR 5.15.

    Some of the best MBA in Digital Marketing Colleges in India are:

    CollegeLocationExams AcceptedAverage Fees
    Xavier Institute of Management and Research (XIMR)MumbaiCAT 2020, MAT 2021INR 6,00,000
    Amity Business SchoolNoidaCAT 2020, MAT 2021, NMATINR 8,00,000
    Suryadatta Institute of Business ManagementPuneCAT, MAT, XATINR 5,00,000
    JSS UniversityMysoreCAT, MH CETINR 4,00,000
    • MBA in International Business:

    MBA in International Business is a postgraduate management course of 2 years that prepares students to understand the global strategies, trends, and economy and work towards improving the country’s export management.

    Average FeeINR 5-10 Lakhs
    Average Starting SalaryINR 8-15 Lakhs 

    This course was first started in IIFT Delhi to introduce the studies of international  business among students. Now, a lot of management institutes offer this specialization.

    Some of the best MBA in International Business colleges in India are as follows. 

    College NameLocationExams AcceptedAverage Fees
    IIFTNew DelhiIIFT 2020INR 16,00,000
    BHUVaranasiCAT 2020, GMAT ExamINR 90,000
    Nirma UniversityAhmedabadCAT 2020INR 9,00,000
    • MBA in Data Science & MBA in Data Analytics:

    Data Science is one of the most remarkable and significant fields of technology that has applications in almost all the areas running form healthcare, business, logistics, banking, retail, telecom etc.

    Some of the ways in which data science and data analytics can contribute in the field of business are: Increase Efficiency, Market Understanding, Reduction, Faster and Better Decision Making, Industry, Build New Products.

    The average salary at manager and senior manager positions in data science, data analytics and business analytics is around INR 22.22 LPA according to Payscale, with the average increment of around 30% in around 2-3 years.

    Some of the best MBA Data Analytics Colleges are given in the table below.

    College NameLocationAverage Total Fees
    IIM BangaloreBangaloreINR 21 Lakhs
    ISB HyderabadHyderabadINR 10 Lakhs
    Great LakesChennaiINR 21 Lakhs
    IIM Calcutta, ISI Kolkata & IIT Kharagpur (Tri-Institute Course)INR 20 Lakhs-

    Know More:

    MSc Data ScienceMSc Data Analytics

    More MBA Specializations

    Apart from the ones mentioned above, there are a wide variety of specializations that students can opt based on their area of interest and other factors.

    MBA SpecializationsAverage FeesAverage Salary
    MBA in EntrepreneurshipINR 3.8-5.6 LakhsINR 3-7 LPA
    MBA ITINR 5-8 LakhsINR 8-12 LPA
    MBA Operations ManagementINR 4-10 LakhsINR 3-12 LPA
    MBA in Supply Chain ManagementINR 8-15 LakhsINR 10-12 LPA
    MBA in Event ManagementINR 2-5 LakhsINR 4-8 LPA
    MBA in Aviation ManagementINR 2-5 LakhsINR 5-8 LPA
    MBA in Agriculture (Agribusiness)INR 2-8 LakhsINR 6-12 LPA
    MBA in Travel and TourismINR 4-10 LakhsINR 3-6 LPA
    MBA in BiotechnologyINR 5-14 LakhsINR 3-14 LPA
    average fees and average salary of mba specializations
    MBA Colleges

    MBA Colleges

    According to the latest statistics, there are around 5000 registered colleges in India, ranging from private institutes, public colleges and government colleges.

    The table below shows some of the top government MBA colleges in India according to NIRF Ranking.

    NIRF RankCollege CityAverage FeesAverage Placement
    1IIM Bangalore BengaluruINR 18,70,000INR 26.3 Lakhs
    2IIM AhmedabadAhmedabadINR 23,00,000INR 23 Lakhs 
    3IIM CalcuttaKolkataINR 20,00,000INR 18 Lakhs
    6IIT KharagpurKharagpurINR 9,27,000INR 16.29 Lakhs
    9IIT DelhiNew DelhiINR 8,80,000INR 18.47 Lakhs
    10IIT BombayMumbaiINR 8,35,000INR 20.8 Lakhs
    29 National Institute of Industrial Engineering (NITIE)MumbaiINR 7,62,000INR 19.77 Lakhs
    31Indian Institute of Foreign Trade (IIFT)New DelhiINR 16,25,000 INR 19.23 Lakhs
    34 Jamia Millia IslamiaNew DelhiINR 46,000INR 4.25 Lakhs
    35Faculty of Management StudiesDelhiINR 20,960INR 23.2 Lakhs
    fees and placement of top mba colleges in India

    Top IIMs (Indian Institutes of Management) in India

    The table below shows the details of the best IIMs in India, which have bee offering MBA courses for a long time.

    NIRF RankingCollege NameLocationAverage FeesAverage Placement
    1IIM BangaloreBangaloreINR 22,00,000INR 25,00,000 
    2IIM AhmedabadAhmedabadINR 23,00,000INR 25,00,000
    3IIM CalcuttaKolkataINR 27,00,000INR 28,00,000
    4IIM LucknowLucknowINR 8,00,000INR 25,00,000
    5IIM IndoreIndoreINR 16,00,000INR 20,00,000
    8IIM KozhikodeKozhikodeINR 17,50,000INR 23,00,000
    13IIM UdaipurUdaipurINR 4,35,000INR 14,00,000
    14IIM TrichyTiruchirapalli-INR 20,00,000
    23IIM RohtakRohtakINR 14,75,000INR 12,00,000
    24IIM ShillongShillongINR 8,00,000INR 16,75,000
    25IIM KashipurKashipurINR 12,00,000INR 14,00,000
    28IIM RanchiRanchiINR 15,00,000INR 13,50,000

    Top IITs Offering MBA in India

    Though they are technical institutes, many IITs also offer MBA courses to students. Most of them have a separate Department of Management Studies (DoMS) for this purpose. Have a look at the table below, showing some of the best IITs offering MBA in India.

    NIRF RankingName of the IITDepartment NameProgram NameAverage Total FeesAverage Placement Package 
    6IIT KharagpurVinod Gupta School of ManagementMBAINR 6,24,000INR 18,10,000
    9IIT DelhiDepartment of Management StudiesMBA, MBA Telecom ManagementINR 10,02,000INR 16,54,000
    11IIT RoorkeeDepartment of Management StudiesMBAINR 8,33,000INR 10,02,000
    15IIT MadrasDepartment of Management StudiesMBAINR 8,00,000INR 12,40,000
    22IIT KanpurDepartment of Management StudiesMBAINR 3,00,000INR 11,02,000
    mba fees and salary in iits

    Top Private Colleges

    See the top private B Schools in India offering this premier course in different cities of India.

    NIRF RankCollegeCityAverage Total FeesAverage Placement
    7Xavier Labour Relations InstituteJamshedpurINR 20 LakhsINR 22.35 Lakhs
    12Management Development InstituteGurugramINR 18.48 LakhsINR 20.13 Lakhs
    16S.P. Jain Institute of Management & ResearchMumbaiINR 17.5 LakhsINR 22.9 Lakhs
    18Great Lakes Institute of ManagementChennaiINR 21.5 LakhsINR 13.1 Lakhs
    20Symbiosis Institute of Business ManagementPuneINR 17.26 LakhsINR 17.48 Lakhs
    20SVKM’s Narsee Monjee Institute of Management StudiesMumbaiINR 19.76 LakhsINR 10.45 Lakhs
    26ICFAI Foundation for Higher EducationHyderabadINR 14.14 LakhsINR 7.2 Lakhs
    27International Management Institute New DelhiNew DelhiINR 17.68 LakhsINR 13.11 Lakhs
    33TA Pai Management InstituteManipalINR 14.6 LakhsINR 11.3 Lakhs
    41Institute of Management TechnologyGhaziabadINR 17.55 LakhsINR 12.5 Lakhs
    fees of top private mba colleges in India
    MBA from IIM vs MBA from IIT

    MBA from IIM vs MBA from IIT

    Both IIM and IIT are India's most prestigious and renowned institutes for MBA education programs. It is a dream of every MBA aspirant to get admission into one of these colleges because of top quality management training, higher credibility of the qualification and higher placement offer. 

    Some key facts about MBA from IIT:

    • IIT Kharagpur was the first IIT institute that started the MBA program in 1993.
    • IIT Delhi offers a specialized management program in the field of telecommunication
    • The aim of the course is to impart knowledge and skills through system thinking and process oriented approach.
    • The courses offered at IITs provide flexibility to choose specializations and lectives based on your interest.
    • IIT has collaborations with many renowned universities across the world that offers employment and opportunities in research and learning.
    • Most of the students want to pursue MBA from IIT because the course is a unique blend of science and technology with management domain knowledge and skills.

    Some key facts about MBA from IIM:

    • IIM Calcutta was one of the first IIMs that was established in India in the year 1961, followed by IIM Ahmedabad, IIM Bangalore, and others.
    • The idea to set up these world class institutes for management studies was initiated by the first prime minister of India, Pt. Jawaharlal Nehru.
    • IIM does not offer MBA degree, they offer PGP program, i.e. Post Graduate Program in Management, that is globally recognized and is equivalent to the MBA degree.
    • IIM also offers various specialised programs in Agribusiness, International Management, Public Policy and Management, Enterprise Management, etc.
    • Studies in IIM gives a more defining and notable peer group that will challenge you and encourage you intellectually to do your best, learning major concepts and attaining the required skills, that helps you in getting high salary placements. 
    • Students who are good enough are also provided with the financial aid over their period of studies.

    The table below shows some of the major differences between what it’s like to pursue MBA from IIT and MBA from IIM.

    ParametersMBA from IIMMBA from IIT
    College OverviewIIMs are considered the upstanding institute of management studies in India. It offers a variety of specializations that help students to become an industry expert and a quality leader. There are around 20 IIM Campuses in India, with the most famous ones in Ahmedabad, Bangalore, Indore, Kolkata, etc.IITs are considered one of the most respected and renowned centres of engineering education, which has started providing management studies also. There are around 16 IIT campuses in India, with the most famous ones in Delhi, Mumbai, Kharagpur, Roorkee, Madras, etc.
    NIRF Ranking#1 IIM B, #2 IIM A, #3 IIM C, etc. #6 IIT Kharagpur, #9 IIT Delhi, #10 IIT Bombay, etc.
    Average Total FeesINR 20,00,000INR 6,00,000
    Average Placement PackageINR 22 LPAINR 12 LPA
    Highest Placement PackageINR 50 LPAINR 35 LPA
    Top Recruiting CompaniesDeloitte, ICICI Bank, Infosys, CRISIL, HSBC, Ford, Indiamart, Mastercard, Flipkart, HCL etc.Vedanta, Aditya Birla Group, ONGC, Dr. Reddy’s, Dunzo, Hindustan Unilever, Amway, Lenskart, etc.
    mba from iim vs mba from iit

    Important Links:

    Top MBA Colleges in Delhi NCRTop MBA Colleges in MumbaiTop MBA Colleges in Pune
    Top MBA Colleges in BangaloreTop MBA Colleges in KanpurTop MBA Colleges in Dehradun
    Executive MBA

    Executive MBA

    Executive MBA has a lot of similarities with regular MBA in terms of course curriculum , but the major difference is that this course is specially designed for those who are working. These professionals often find it difficult to pursue a regular MBA and therefore, this program is best suitable for them in terms of duration as well as system of conducting classes.

    • Colleges like IIM Bangalore, IIM Ahmedabad, IIM Kolkata, NMIMS Mumbai, FMS Delhi, SIBM Pune and more offer this program. 
    • The course is Offered by the colleges either in the evening time or on weekends.
    • One needs to have a minimum of 2 to 5 years of work experience to pursue his course.
    • The average cost to study this program ranges from INR 2.50 to 27 lakhs.
    • The course generally takes upto 2 to 3 years for completion.
    • Admission to any willing candidate is offered on the basis of entrance exams like CAT/GMAT/EMAT/MAT,etc.

    Check some of the colleges offering executive MBA down below:

    Name of the CollegeDurationAdmission ProcessAverage Cost (INR)Average Package Offered (INR)
    IIM Bangalore2 yearsScores of GRE/GMAT 21,50,00024,54,000
    IIM Ahmedabad1 yearsScores of CAT/GMAT25,00,00025, 83,000
    IIM Kolkata1 yearsScores of CAT/GMAT27,00,00025,40,000
    NMIMS Mumbai2 yearsScores of NMAT18,50,00017,79,000
    FMS Delhi2 yearsScores of CAT1,00,00031,60,000
    SIBM Pune2 yearsScores of SNAP6,20,00020,14,000
    Indian Institute of Social Welfare and Business Management, Kolkata1 yearsMerit Based90,0008,00,000
    Indian School of Business, Hyderabad6 monthsScores of GRE/GMAT/CAT47,55,00024,35,000
    executive mba salary and fees
    MBA Syllabus

    MBA Syllabus

    MBA Subjects are designed in accordance with the latest and contemporary needs of the business world. The course curriculum includes a brief study of old but relevant business techniques that are still beneficial.

    The management strategies with which students are enlightened are conspicuous in the MBA syllabus. The course delivery methods comprise:

    • Classroom lectures
    • Guest lectures from qualified professionals
    • Fieldwork
    • Internships
    mba subjects

    The weightage of external and internal examination is 60% and 40% respectively. An overview of the MBA Syllabus is given below.

    Semester ISemester II
    Organizational BehaviorManagement Accounting
    Business CommunicationManagement Science
    Quantitative MethodsMarketing Research
    Human Resource ManagementOrganization Effectiveness and Change
    Marketing ManagementOperation Management
    Financial AccountingFinancial Management
    Managerial EconomicsManagement of Information System
    IT Management -
    Semester IIISemester IV
    Business Ethics & Corporate Social ResponsibilityInternational Business Environment
    Legal Environment of BusinessStrategic Management
    Strategic AnalysisProject Study
    ElectivesElectives

    Some of the common Elective Courses are listed below:

    • Finance
    • Entrepreneurship
    • Marketing
    • IT Management
    • Services Management
    • Production and Operations Management
    • OB & Human Resource Management

    The table above shows the common MBA syllabus that are usually followed in most of the management colleges.

    The table below shows subjects that are included in some of the most pursued MBA specializations. 

    Specialization NameSubjects Included
    MBA Marketing Business Statistics
    Managerial Communication
    Marketing Management
    Competition & Strategy
    Consumer Behavior
    MBA FinanceFinancial Reporting
    Financial Management
    Financial Risk Management
    Corporate Taxation
    Portfolio Management
    MBA Operations ManagementProduction Management
    Operations Strategy
    Demand and Business Forecasting
    Business Process Modelling
    Project Management
    MBA International BusinessInternational Supply Chain Management
    International Contract Management
    International Advertising and Brand Management
    Managing Global Compliance in Exports
    MBA in Business AnalyticsApplied Statistics
    Business Analytics Application
    Data Visualization
    Social and Web Analytics
    MBA Jobs and Career Prospects

    MBA Jobs and Career Prospects

    MBA is very popular in India, the number of MBA applicants is third-largest hereafter USA and China. The growth in salary after doing an MBA is also high in India as compared to that of other countries. Here, you will have around 213% of salary growth as compared to 75% in the USA and 71% in China.

    The career prospects of an MBA are unlimited in terms of opportunities and scope. A person has an option to become an HR or head in departments like operations, marketing, sales, supply chain and much more. There are numerous MBA job opportunities for almost MBA Specialization.

    How to bag a good MBA Job?

    Right from getting into the course to get a well paying job, a process goes on throughout. From cracking entrances of good colleges to getting through a good company, an MBA aspirant has to keep a lot of points in mind. Check some of the vital points to keep in mind to bag a high paying MBA job.

    • Enjoy every bit of learning throughout the course duration and acquire a good hold on the topics taught.
    • Understand business practices, dynamics and  methodologies well.
    • Focus majorly on practical aspects and field works to understand the industrial workings.
    • Make sure to work on your professionals skills that will help you achieve a good career.
    • Start building good professional networks that will take you a step closer to your dream job.
    • Work hard for campus placements as that may bring you under the notice of several top companies.
    • Last but not the least keep a track of recruitment and packages offered by good corporates.

    Check out some of the popular departments in which jobs are offered to the MBA professionals in sectors like public, private and information technology.

    SectorDepartment
    Public SectorHealthcare
    Operations & Project Management
    Technology Management
    Finance
    International Business
    Entrepreneurship
    Private SectorReal Estate
    Management Analyst
    Fashion Industry
    Portfolio Manager
    Financial Research Analyst
    Risk Management Analyst
    Human Resource
    Securities/Investment Analyst
    Information TechnologyBusiness Development Manager
    IT Manager
    Project Managers
    ERP Consultants
    Cash Managers

    Top Recruiters

    Every year a lot of MBA graduates are hired by top companies through the campus placements. In today's world where globalization is growing at an increasing rate, there is huge demand for these professionals by top recruiters in almost every domain.

    Tabulated below are some of the best companies offering jobs to these graduates.

    AmazonTataAccenture
    MicrosoftInfosysAditya Birla Group
    RelianceCitibankDeloitte
    ITCBajajHDFC
    MahindraICICI BankHSBC
    FlipkartCiplaAsian Paints
    HCLHPPWC

    These companies hire students for multiple profiles across various domains. Some of the key profiles for which these graduates are hired, along with their descriptions are given below.

    Job ProfileJob DescriptionAverage Salary (INR)
    Account ManagerAccount Manager is responsible for achieving high sales targets and building relationships with new clients and leading team productivity. They also work to develop new business from existing clients and seek new sales opportunities.INR 5 to 6 Lakhs
    Sales ManagerSales Managers are the one whose main concern is to look after the company's sale and to generate revenue by selling the company's products and services.INR 9 to 10 Lakhs
    Brand ManagerBrand Manager plans, develops and puts direct marketing efforts to increase the value and performance of a brand, service or product. They must focus on increasing profits and minimizing the loss of the brand and also actively seek opportunities to improve brand image and positioning as compared to the competitors.INR 9 to 10 Lakhs
    Human Resources ManagerThese professionals are responsible for ensuring to look after the employees working in an organization. They are also involved in recruiting best suitable staff for a company.INR 4 to 5 Lakhs
    Equity Research AnalystEquity Research Analyst analyses financial data and public records of companies and uses this analysis to determine the value of the company's stock and to predict the company's future financial picture.INR 3 to 4 Lakhs
    Digital Marketing ManagerSince almost all the companies have a digital platform to promote their business, these people look after managing the company’s digital marketing. INR 4 to 4.5 Lakhs
    Management ConsultantManagement Consultant’s key roles are to solve issues, create value, improve business performance and maximize growth. They give advice and help an organization to develop any skill set it might be lacking.INR 10 to 12 Lakhs
    Risk ManagerEvery company goes through risk taking the officials behind managing the risks of the companies are known as Risk Managers.INR 9 to 10 Lakhs
    Marketing ManagerMarketing Managers are responsible for developing, implementing and executing strategic marketing plans for an entire organization in order to attract potential customers and retain existing ones.INR 4 to 5 Lakhs
    Healthcare & Hospital ManagerWith growing healthcare and hospital sectors in the country, there has been a rise in the demand for officials who would manage these sectors. Therefore these managers look after the health and hospital sectors.INR 5 to 6 Lakhs
    Project ManagerProject Manager plans and prepares the budget and looks after all the aspects of a specific project. They work with upper management to make sure that the scope and direction of each project are on schedule, as well as other departments for support.INR 7 to 8 Lakhs

    Salary Trend Graph

    mba jobs and salary

    Check to know more about MBA Jobs

    What after MBA?

    What after MBA?

    If you want to improve your career trajectory then you can pursue some courses after completing your MBA. Moreover, you can also do some courses with MBA. Below we have described some of the courses which will enhance your skills and knowledge to have a blooming career graph:

    • Chartered Financial Analyst (CFA): If you are someone who is interested in a career in the finance area then you can definitely go for CFA. It consists of 3 levels and you will be requiring around 4 years to complete this course. Some of the colleges offering this course are FTMSGlobal Academy India Pvt. Ltd, Narayana Institute, International College of Financial Planning, etc. By spending INR 2 to 3 lakhs for studying this course, one can expect a return of INR 6 lakhs per year. This course will give a boost to your finance career.
    • Certificate in Project Management: This certification will help you in getting recruited as a project manager in a company. Colleges offering this program are  UPES Dehradun,Amity University, IIM Rohtak,Loyola Institute of Business Administration, Avagmah Business School, Bangalore, etc The annual cost to study Certificate in Project Management may range from INR 30,000 to 1,00,00 and  you can even expect as high a  salary of INR 10 lakhs annually.
    • Certification in Risk Management Assurance (CRMA): Institute of internal auditors will offer this certification and it has been specially designed for internal auditors and risk management professionals.The course focuses on training individuals in understanding the nature of different risks that could harm the company in any possible way. The cost to study this program can be in lakhs but one can be assured to have an advanced career in terms of returns on the investment done. 
    • Financial Risk Manager (FRM): This exam is particularly for all those who are interested in making a career in the field of risk management. It is an internationally recognized certification exam and it consists of 2 levels. Candidates passing level 1 have to also pass level 2 to be successful in this course. These aspirants are taught the concept of calculated risk that are often taken by financial sectors like banks, asset management companies, etc.
    • Certified in Production and Inventory Management (CPIM): If you are looking forward to making your career in the field of supply chain then you should go for this globally recognized certification. Planning for production and managing inventory are the prime areas of this course. The course can be pursued at ease as it is available through online mode.
    • Certified Information Systems Auditor (CISA): The course is offered to students by the Information Systems Audit and Control Association (ISACA). The IT department of any organization is considered  very important as the company as a whole depends on it. This program helps an individual to gain knowledge and skills in this specific  region.
    • Second MBA from a Foreign B-School: This has become a trend nowadays that many students are opting for a second MBA from a better B-School in order to upscale their skills. Pursuing the course from foregn needs a good amount as well as time to invest, but at the same time this option brings you the scope of growth and earning high by bagging a good international job.
    • Doctor of Philosophy (Ph.D.) in Management: This course is known to be the highest degree that one could acquire. One can pursue Ph.D. in either  management or in any related field. This degree can help an aspirant to hold a better grip over the subject. One may even make a career in teaching under various top MBA colleges with this degree.
    MBA FAQs

    MBA FAQs

    Ques. Has any MBA entrance exam been postponed due to Covid 19?

    Ans. Yes, many MBA entrance exams have been postponed due to COVID 19 such as MAT. Even the selection process of IIT MBA admission is also postponed due to the COVID 19 outbreak. The respective authorities will relate the date very soon.

    Ques. What are the types of MBA?

    Ans. Types of MBA may depend on the duration, course objectives and specializations. Different types of MBA are:

    • Part time MBA
    • Executive MBA
    • Distance MBA Program

    These courses are offered in major specializations such as MBA in Finance, MBA in Marketing, MBA in International Business, MBA in Supply Chain Management, MBA in Biotechnology, etc.

    Ques. Which MBA specialization is the best?

    Ans. Each and every specialization is equally good. As it all depends upon how much effort do you put in and how much interest do you have in a particular field. If we see what most people are preferring then it is obviously the marketing, Human Resource, and Finance.

    Ques. Why MBA after Engineering?

    Ans. Most of the students go for MBA after doing B.Tech, as they think that this will be an add on to their qualification and it will also help them in fetching a good job. But this should not be the case. You should go for an MBA only if you have an interest in the management field. As otherwise, you will just end up wasting your time as well as money.

    Ques. What is the MBA course list?

    Ans. MBA consist of the following course list:

    • Organizational Behaviour
    • Financial Management
    • Human Resource Management
    • Marketing Research
    • Business Communication
    • Marketing Research

    Apart from this, there are many subjects which are included in the MBA syllabus.

    Ques. Why pursue MBA in Finance?

    Ans. First of all, an MBA Finance will teach you financial skills that are required in the financial world. It will also make you learn about the economy of the country. It will give you exposure to the financial world by introducing you to various opportunities in which you will learn about analyzing the company’s reports, maximizing their stock values, forecasting economic trends and many more. Go for this course only if all these terms excite you.

    Ques. Why pursue MBA? What is MBA scope in India?

    Ans. A person should pursue an MBA only if he/she is interested in going into the management field. There are various advantages of doing an MBA as it will teach you the following things:

    • Making business strategies for increasing brand value and company revenue.
    • Management of a team.
    • Dealing with the financial aspects of the business.
    • Networking

    Ques. Is it better to pursue an MS/MTech or an MBA after studying engineering?

    Ans. If you are interested in studying more in the field of science and you want to gain more knowledge about your particular domain then MS/M.Tech will be more beneficial for you. Whereas if you want to change your field and you are more interested in studying management then go for an MBA course. MBA is entirely different from MS/M.Tech. So, it all depends upon you which course do you want to pursue.

    Ques. What is the process of pursuing an MBA from IGNOU?

    Ans. Students can pursue MBA from IGNOU after appearing for the OPENMAT exam. Based on it’s scores, the college will invite for further rounds of admission. Before this, you have to fill the MBA Admission form. For more details, check IGNOU MBA Admission.

    Ques. Which MBA is better? MBA Marketing or MBA Finance?

    Ans.  Following are some of the skills required for MBA in Finance:

    • Individuals from a Commerce background is preferable.
    • Candidate must possess stock market awareness
    • Knowledge regarding financial instruments
    • Possess apt analytical, problem-solving skills and be a meticulous planner as well as a thorough researcher.

    Following are the skills required to opt for MBA in Marketing-

    • Complete knowledge about marketing strategies.
    • Understanding of targeted consumers.
    • Creative thinking and excellent communication skills.
    • Must be a knowledge seeker and a keen learner.

    Based on these skills, you can decide which MBA specialization is better for you.

    Ques. Can I pursue MBA from distance education?

    Ans. Yes, there are many colleges and institutes that offer MBA through correspondence, distance learning and online programs. Amity University, IGNOU, Lovely Professional University, among others are few of the MBA Distance learning colleges.

    Ques. What are the job prospects after completing MBA Business Analytics, MBA Data Science or MBA Data Analytics?

    Ans. Data Analytics is one of the most promising domains that brings a number of highly paid jobs. Some of the job positions are Data Analyst. Business Analyst, Data Science Manager, etc.

    Master of Business Administration [MBA] Fee Structure in India


    4 K (Minimum Fee)PUBLIC COLLEGES54 L (Maximum Fee)
    2.16 L (Average Fee)
    2.8 K (Minimum Fee)PRIVATE COLLEGES42.94 L (Maximum Fee)
    1.74 L (Average Fee)

    Master of Business Administration [MBA] Fee Structure by State


    Tamil Nadu

    4 KPUBLIC COLLEGES2.72 L
    95.88 K
    3.96 KPRIVATE COLLEGES10.6 L
    1.28 L

    Uttar Pradesh

    91.52 KPUBLIC COLLEGES7.55 L
    2.18 L
    22.55 KPRIVATE COLLEGES14.75 L
    2.23 L

    Delhi NCR

    20.96 KPUBLIC COLLEGES12 L
    3.95 L
    36 KPRIVATE COLLEGES14.75 L
    2.66 L

    Andhra Pradesh

    25.5 KPUBLIC COLLEGES3.01 L
    75.14 K
    5.5 KPRIVATE COLLEGES7.2 L
    82.13 K

    Telangana

    20 KPUBLIC COLLEGES1.08 L
    70.5 K
    8.18 KPRIVATE COLLEGES42.94 L
    1.03 L

    Maharashtra

    28.75 KPUBLIC COLLEGES18.5 L
    4.07 L
    20 KPRIVATE COLLEGES19.76 L
    2.56 L

    Karnataka

    10.39 KPUBLIC COLLEGES7.92 L
    1.67 L
    37.8 KPRIVATE COLLEGES10.89 L
    2.44 L

    Madhya Pradesh

    30 KPUBLIC COLLEGES16 L
    2.37 L
    4.14 KPRIVATE COLLEGES2.5 L
    1.05 L

    Punjab

    1.07 LPUBLIC COLLEGES2.4 L
    1.57 L
    53.3 KPRIVATE COLLEGES9 L
    1.85 L

    Haryana

    22.5 KPUBLIC COLLEGES11 L
    2.38 L
    36.94 KPRIVATE COLLEGES7.2 L
    1.87 L

    Rajasthan

    29.2 KPUBLIC COLLEGES1.41 L
    1 L
    2.8 KPRIVATE COLLEGES6.68 L
    1.69 L

    Orissa

    15.7 KPUBLIC COLLEGES4.69 L
    1.21 L
    51.65 KPRIVATE COLLEGES6.46 L
    1.64 L

    Gujarat

    18.1 KPUBLIC COLLEGES23 L
    3.48 L
    36.2 KPRIVATE COLLEGES3.04 L
    1.53 L

    Kerala

    8.52 KPUBLIC COLLEGES17.5 L
    3.11 L
    8.91 KPRIVATE COLLEGES7.1 L
    2.51 L

    Uttarakhand

    18 KPUBLIC COLLEGES10.39 L
    2.27 L
    53.97 KPRIVATE COLLEGES11.5 L
    2.88 L

    West Bengal

    16.51 KPUBLIC COLLEGES54 L
    7.67 L
    24.93 KPRIVATE COLLEGES7.8 L
    3.38 L

    Chhattisgarh

    49.9 KPUBLIC COLLEGES1.03 L
    70.97 K
    37.5 KPRIVATE COLLEGES4.4 L
    1.42 L

    Bihar

    70 KPUBLIC COLLEGES1.6 L
    1.12 L
    39.6 KPRIVATE COLLEGES5.72 L
    1.62 L

    Himachal Pradesh

    19.45 KPUBLIC COLLEGES4.43 L
    1.75 L
    1.08 LPRIVATE COLLEGES4.43 L
    2.07 L

    Jharkhand

    5.55 KPUBLIC COLLEGES4.66 L
    1.31 L
    60 KPRIVATE COLLEGES15.3 L
    4.45 L

    Jammu and Kashmir

    78.07 KPUBLIC COLLEGES3.52 L
    1.98 L
    1.34 LPRIVATE COLLEGES12.43 L
    6.88 L

    Puducherry

    24.93 KPUBLIC COLLEGES74.2 K
    49.56 K
    66 KPRIVATE COLLEGES1.1 L
    88.88 K

    Arunachal Pradesh

    28.5 KPUBLIC COLLEGES28.5 K
    28.5 K
    24 KPRIVATE COLLEGES1.11 L
    67.69 K

    Chandigarh

    38.43 KPUBLIC COLLEGES38.43 K
    38.43 K
    34.73 KPRIVATE COLLEGES3.02 L
    1.68 L

    Comments

    Comments


    16 Comments
    U
    Uma singh

    Can I get MBA as I have back log in one semester

    31 May, 2020 22:50
    S
    Shobhna Chaturvedi

    Hi Uma, this depends on the university in which you are applying for admission as eligibility norms differ according to different institutes.

    31 May, 2020 23:11
    MOBILE FRAME
    Aanchal Thakur

    What are the best MBA Colleges with low fee structure?

    06 Feb, 2020 12:04
    S
    Shobhna Chaturvedi

    Hi Aanchal, generally, getting an MBA degree is an expensive venture. Most MBA Colleges, including the IIMs have fees ranging from 10-30 lacs, a price that is unaffordable for many MBA aspirants. Aside from these institutes, there are many renowned government and private institutes that offer great management programs. The Top B-Schools with an affordable curriculum include: FMS, DSE, TISS, PUMBA, KJ Somaiya, IIM BHU, and SIMSREE.

    06 Feb, 2020 12:22
    MOBILE FRAME
    Anam Shams

    Which MBA course should i opt after B.Com (Hons)?

    06 Feb, 2020 11:59
    S
    Shobhna Chaturvedi

    Hi Anam, it depends on personal scale to choose the stream, though Finance is opted by most Commerce graduate as it is a basic benchmark, But Marketing, operations or even HR can be chosen by B.Com people, it purely depends on personal choice and interest.

    06 Feb, 2020 12:26
    MOBILE FRAME
    Anam Shams

    How important is having a good vocabulary for CAT?

    06 Feb, 2020 11:57
    S
    Shobhna Chaturvedi

    CAT verbal section is all about reading ability, a good vocabulary will be helpful in reading comprehension. 34 questions are asked in VARC section. Regularly reading newspapers and articles will be helpful in this regard.

    06 Feb, 2020 12:27
    N
    Neha Rani

    What is the difference between XAT and CAT entrance exam?

    06 Feb, 2020 11:56
    S
    Shobhna Chaturvedi

    Major difference between CAT and XAT is - CAT entrance test is the gateway of IIMs more than 100 B-Schools and XAT entrance exam is the gateway to XLRI and more than 150 institutes.

    06 Feb, 2020 12:20
    MOBILE FRAME
    Nikkil Visha

    What percentage of weightage is given to professional experience during MBA admission?

    06 Feb, 2020 11:55
    S
    Shobhna Chaturvedi

    Hi Nikkil, candidates with high level managerial skills or with current employment given preference over other candidates. B-Schools are more interested in profiles that have handled key responsibilities. The weightage given to professional experience is around 10 to 15% or it could also vary form college to college.

    06 Feb, 2020 12:29
    N
    Neha Rani

    Which is best entrance exam for Management

    06 Feb, 2020 11:55
    S
    Shobhna Chaturvedi

    Hi Neha, MBA entrance exams organised by different organisations. Here the list of some popular entrance exam for MBA - "CAT", "XAT", "MAT", "CMAT" and so on.

    06 Feb, 2020 12:16
    MOBILE FRAME
    urvashi singhal

    How is an MBA program different from a regular Master program (MSc. or MA)?

    06 Feb, 2020 11:53
    S
    Shobhna Chaturvedi

    Hi Urvashi, MBA is a graduate level study program similar to M.Sc. and MA. However, the former focuses on practical training along with practical business experience which includes making real-time business decisions and handling the status of management projects in actual market.

    06 Feb, 2020 12:32
    MOBILE FRAME
    Anisha Lyall

    What is the difference between MBA and EMBA program?

    06 Feb, 2020 10:51
    S
    Shobhna Chaturvedi

    Hi Anisha, Executive Master of Business Administration (EMBA) program is designed for senior managers who have work experience of minimum 2 to 3 years. Whereas, in MBA, work experience is not mandatory. Although most of the top notch business schools require applicants to have work experience of a few years. The principal difference is that EMBA can accommodate working professionals whereas, MBA has a demanding schedule and working outside while pursuing it is discouraged.

    06 Feb, 2020 12:34
    S
    Satyam Purwar

    Is TISSNET Exam conducted for MBA?

    06 Feb, 2020 10:30
    S
    Shobhna Chaturvedi

    Hi Satyam, No, TISSNET is conducted for the admission in MA courses across TISS Campuses. However, TISS MA (Human Resource Management and Labour Relations) Program is considered to be at par with MBA degree. Therefore you can consider TISS as an option if you are willing to do an MBA with HR specialization from a reputed institute.

    06 Feb, 2020 12:10

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