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.)
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.
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 Rank||College||Admission Process||Average Fees||Average Placement|
|1||IIM Bangalore||CAT||INR 18.7 lakh||INR 26.3 lakh|
|6||IIT Kharagpur||CAT||INR 9.27 lakh||INR 16.29 lakh|
|7||XLRI Jamshedpur||XAT||INR 20 lakh||INR 22.35 lakh|
|12||MDI Gurgaon||CAT||INR 18.48 lakh||INR 20.13 lakh|
|16||SPJIMR Mumbai||CAT||INR 17.5 lakh||INR 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
In order to get admission, you must satisfy the MBA eligibility criteria given below:
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.
Some of the major highlights of the course are as follows.
|Course Level||Postgraduate Degree|
|Duration of the Course||2 years|
|Eligibility||Graduation with at least 50% marks in any stream.|
|Admission Process||Merit Based/Entrance Exam|
|Average Course Fee||INR 2-30 lakh|
|Average Starting Salary||INR 5-9 lakh per annum|
|Top Recruiting Companies||Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, Accenture, etc|
|Top Job Areas||Banking, Finance, Telecom, Events, Sports, Branding & Advertisement, Digital Marketing, Foreign Trade, Human Resource Management, Marketing, etc.|
|Top Job Positions||Account Manager, Brand Manager, Equity Research Analyst,Management Consultant, Marketing Manager, Project Manager, etc|
MBA course teaches students about various business and management skills. They learn how the corporate industry operates and how the business world works.
Some of the prominent skills taught include:
|Collaborative Teamwork||Individualized Self-Discipline|
|Interaction with People||Crisis Handling|
|Strategic Research & Analysis||Communication Skills|
The graph below shows the increasing enrollment trends in previous years:
Students often remain confused about what exactly is the difference between MBA and PGDM courses. The table below brings an end to that confusion.
|Overview||MBA is a degree course.||PGDM is a post graduate diploma course.|
|Institute Type||Generally, 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.|
|Objective||It 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.|
|Duration||As per UGC, it is for 2 years.||PGDM is for 1-2 years. A 2-year PGDM will be equivalent to an MBA.|
|Curriculum||The 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.|
|Fees||It is affordable as compared to PGDM.||It is quite expensive compared to MBA.|
Check PGDM course for more details.
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.
There are so many specializations in MBA and you can select one of them depending on which field you want to specialize.
Some of the top MBA specializations are described below:
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 Fees||INR 4-15 Lakhs|
|Average Salary||INR 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 Name||Location||Exam Accepted||Average Fees|
|Faculty of Management Studies (FMS Delhi)||New Delhi||CAT 2020||INR 21,000|
|NMIMS||Mumbai||NMAT 2020||INR 18,50,000|
|Symbiosis Institute of Management Studies (SIBM)||Pune||SNAP 2020||INR 19,00,000|
To know more, check MBA Finance Syllabus.
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 Fees||INR 8-15 Lakhs|
|Average Salary||INR 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 Name||Location||Exams Accepted||Average Fees|
|Indian Institute of Technology (IIT) Madras||Madras||Cat 2020, XAT 2020, MAT 2020, GMAT Exam||INR 12,00,000|
|BITS Pilani||Pilani||CAT 2020, GMAT Exam||INR 7,50,000|
|ICFAI Business School||Hyderabad||IBSAT 2020, NMAT 2020||INR 15,00,000|
|Christ University||Bangalore||CAT 2020, MAT 2020, XAT 2020||INR 8,00,000|
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 Fees||INR 12-17 Lakhs|
|Average Salary||INR 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 Name||Location||Exams Accepted||Average Fees|
|IIT Roorkee||Roorkee||CAT 2020||INR 9,00,000|
|BIM Trichy||Tiruchirapalli||CAT 2020||INR 14,50,000|
|BIT Mesra||Mesra||CAT 2020, MAT 2020||INR 6,00,000|
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 Fees||INR 3-4 Lakhs|
|Average Salary||INR 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 Name||Location||Exams Accepted||Average Fees|
|Anna University||Chennai||TANCET||INR 1,00,000|
|Universal Business School||Karjat||CAT 2020, GMAT, CMAT 2020||INR 20,00,000|
|Amity Global Business School||Noida||CAT 2020, MAT 2020, XAT 2020||INR 8,00,000|
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 Fees||INR 3-5 Lakhs|
|Average Salary||INR 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 Name||Location||Exams Accepted||Average Fees|
|Great Lakes Institute of Management||Chennai||CAT 2020, XAT 2021, GMAT Exam||INR 22,00,000|
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 Fees||INR 3-5 Lakhs|
|Average Salary||INR 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:
|College||Location||Exams Accepted||Average Fees|
|Xavier Institute of Management and Research (XIMR)||Mumbai||CAT 2020, MAT 2021||INR 6,00,000|
|Amity Business School||Noida||CAT 2020, MAT 2021, NMAT||INR 8,00,000|
|Suryadatta Institute of Business Management||Pune||CAT, MAT, XAT||INR 5,00,000|
|JSS University||Mysore||CAT, MH CET||INR 4,00,000|
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 Fee||INR 5-10 Lakhs|
|Average Starting Salary||INR 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 Name||Location||Exams Accepted||Average Fees|
|IIFT||New Delhi||IIFT 2020||INR 16,00,000|
|BHU||Varanasi||CAT 2020, GMAT Exam||INR 90,000|
|Nirma University||Ahmedabad||CAT 2020||INR 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 Name||Location||Average Total Fees|
|IIM Bangalore||Bangalore||INR 21 Lakhs|
|ISB Hyderabad||Hyderabad||INR 10 Lakhs|
|Great Lakes||Chennai||INR 21 Lakhs|
|IIM Calcutta, ISI Kolkata & IIT Kharagpur (Tri-Institute Course)||INR 20 Lakhs||-|
|MSc Data Science||MSc Data Analytics|
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 Specializations||Average Fees||Average Salary|
|MBA in Entrepreneurship||INR 3.8-5.6 Lakhs||INR 3-7 LPA|
|MBA IT||INR 5-8 Lakhs||INR 8-12 LPA|
|MBA Operations Management||INR 4-10 Lakhs||INR 3-12 LPA|
|MBA in Supply Chain Management||INR 8-15 Lakhs||INR 10-12 LPA|
|MBA in Event Management||INR 2-5 Lakhs||INR 4-8 LPA|
|MBA in Aviation Management||INR 2-5 Lakhs||INR 5-8 LPA|
|MBA in Agriculture (Agribusiness)||INR 2-8 Lakhs||INR 6-12 LPA|
|MBA in Travel and Tourism||INR 4-10 Lakhs||INR 3-6 LPA|
|MBA in Biotechnology||INR 5-14 Lakhs||INR 3-14 LPA|
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 Rank||College||City||Average Fees||Average Placement|
|1||IIM Bangalore||Bengaluru||INR 18,70,000||INR 26.3 Lakhs|
|2||IIM Ahmedabad||Ahmedabad||INR 23,00,000||INR 23 Lakhs|
|3||IIM Calcutta||Kolkata||INR 20,00,000||INR 18 Lakhs|
|6||IIT Kharagpur||Kharagpur||INR 9,27,000||INR 16.29 Lakhs|
|9||IIT Delhi||New Delhi||INR 8,80,000||INR 18.47 Lakhs|
|10||IIT Bombay||Mumbai||INR 8,35,000||INR 20.8 Lakhs|
|29||National Institute of Industrial Engineering (NITIE)||Mumbai||INR 7,62,000||INR 19.77 Lakhs|
|31||Indian Institute of Foreign Trade (IIFT)||New Delhi||INR 16,25,000||INR 19.23 Lakhs|
|34||Jamia Millia Islamia||New Delhi||INR 46,000||INR 4.25 Lakhs|
|35||Faculty of Management Studies||Delhi||INR 20,960||INR 23.2 Lakhs|
The table below shows the details of the best IIMs in India, which have bee offering MBA courses for a long time.
|NIRF Ranking||College Name||Location||Average Fees||Average Placement|
|1||IIM Bangalore||Bangalore||INR 22,00,000||INR 25,00,000|
|2||IIM Ahmedabad||Ahmedabad||INR 23,00,000||INR 25,00,000|
|3||IIM Calcutta||Kolkata||INR 27,00,000||INR 28,00,000|
|4||IIM Lucknow||Lucknow||INR 8,00,000||INR 25,00,000|
|5||IIM Indore||Indore||INR 16,00,000||INR 20,00,000|
|8||IIM Kozhikode||Kozhikode||INR 17,50,000||INR 23,00,000|
|13||IIM Udaipur||Udaipur||INR 4,35,000||INR 14,00,000|
|14||IIM Trichy||Tiruchirapalli||-||INR 20,00,000|
|23||IIM Rohtak||Rohtak||INR 14,75,000||INR 12,00,000|
|24||IIM Shillong||Shillong||INR 8,00,000||INR 16,75,000|
|25||IIM Kashipur||Kashipur||INR 12,00,000||INR 14,00,000|
|28||IIM Ranchi||Ranchi||INR 15,00,000||INR 13,50,000|
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 Ranking||Name of the IIT||Department Name||Program Name||Average Total Fees||Average Placement Package|
|6||IIT Kharagpur||Vinod Gupta School of Management||MBA||INR 6,24,000||INR 18,10,000|
|9||IIT Delhi||Department of Management Studies||MBA, MBA Telecom Management||INR 10,02,000||INR 16,54,000|
|11||IIT Roorkee||Department of Management Studies||MBA||INR 8,33,000||INR 10,02,000|
|15||IIT Madras||Department of Management Studies||MBA||INR 8,00,000||INR 12,40,000|
|22||IIT Kanpur||Department of Management Studies||MBA||INR 3,00,000||INR 11,02,000|
See the top private B Schools in India offering this premier course in different cities of India.
|NIRF Rank||College||City||Average Total Fees||Average Placement|
|7||Xavier Labour Relations Institute||Jamshedpur||INR 20 Lakhs||INR 22.35 Lakhs|
|12||Management Development Institute||Gurugram||INR 18.48 Lakhs||INR 20.13 Lakhs|
|16||S.P. Jain Institute of Management & Research||Mumbai||INR 17.5 Lakhs||INR 22.9 Lakhs|
|18||Great Lakes Institute of Management||Chennai||INR 21.5 Lakhs||INR 13.1 Lakhs|
|20||Symbiosis Institute of Business Management||Pune||INR 17.26 Lakhs||INR 17.48 Lakhs|
|20||SVKM’s Narsee Monjee Institute of Management Studies||Mumbai||INR 19.76 Lakhs||INR 10.45 Lakhs|
|26||ICFAI Foundation for Higher Education||Hyderabad||INR 14.14 Lakhs||INR 7.2 Lakhs|
|27||International Management Institute New Delhi||New Delhi||INR 17.68 Lakhs||INR 13.11 Lakhs|
|33||TA Pai Management Institute||Manipal||INR 14.6 Lakhs||INR 11.3 Lakhs|
|41||Institute of Management Technology||Ghaziabad||INR 17.55 Lakhs||INR 12.5 Lakhs|
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:
Some key facts about MBA from IIM:
The table below shows some of the major differences between what it’s like to pursue MBA from IIT and MBA from IIM.
|Parameters||MBA from IIM||MBA from IIT|
|College Overview||IIMs 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 Fees||INR 20,00,000||INR 6,00,000|
|Average Placement Package||INR 22 LPA||INR 12 LPA|
|Highest Placement Package||INR 50 LPA||INR 35 LPA|
|Top Recruiting Companies||Deloitte, 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.|
|Top MBA Colleges in Delhi NCR||Top MBA Colleges in Mumbai||Top MBA Colleges in Pune|
|Top MBA Colleges in Bangalore||Top MBA Colleges in Kanpur||Top MBA Colleges in Dehradun|
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.
Check some of the colleges offering executive MBA down below:
|Name of the College||Duration||Admission Process||Average Cost (INR)||Average Package Offered (INR)|
|IIM Bangalore||2 years||Scores of GRE/GMAT||21,50,000||24,54,000|
|IIM Ahmedabad||1 years||Scores of CAT/GMAT||25,00,000||25, 83,000|
|IIM Kolkata||1 years||Scores of CAT/GMAT||27,00,000||25,40,000|
|NMIMS Mumbai||2 years||Scores of NMAT||18,50,000||17,79,000|
|FMS Delhi||2 years||Scores of CAT||1,00,000||31,60,000|
|SIBM Pune||2 years||Scores of SNAP||6,20,000||20,14,000|
|Indian Institute of Social Welfare and Business Management, Kolkata||1 years||Merit Based||90,000||8,00,000|
|Indian School of Business, Hyderabad||6 months||Scores of GRE/GMAT/CAT||47,55,000||24,35,000|
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:
The weightage of external and internal examination is 60% and 40% respectively. An overview of the MBA Syllabus is given below.
|Semester I||Semester II|
|Organizational Behavior||Management Accounting|
|Business Communication||Management Science|
|Quantitative Methods||Marketing Research|
|Human Resource Management||Organization Effectiveness and Change|
|Marketing Management||Operation Management|
|Financial Accounting||Financial Management|
|Managerial Economics||Management of Information System|
|Semester III||Semester IV|
|Business Ethics & Corporate Social Responsibility||International Business Environment|
|Legal Environment of Business||Strategic Management|
|Strategic Analysis||Project Study|
Some of the common Elective Courses are listed below:
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 Name||Subjects Included|
|MBA Marketing||Business Statistics|
|Competition & Strategy|
|MBA Finance||Financial Reporting|
|Financial Risk Management|
|MBA Operations Management||Production Management|
|Demand and Business Forecasting|
|Business Process Modelling|
|MBA International Business||International Supply Chain Management|
|International Contract Management|
|International Advertising and Brand Management|
|Managing Global Compliance in Exports|
|MBA in Business Analytics||Applied Statistics|
|Business Analytics Application|
|Social and Web Analytics|
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.
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.
Check out some of the popular departments in which jobs are offered to the MBA professionals in sectors like public, private and information technology.
|Operations & Project Management|
|Private Sector||Real Estate|
|Financial Research Analyst|
|Risk Management Analyst|
|Information Technology||Business Development Manager|
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.
|Microsoft||Infosys||Aditya Birla Group|
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 Profile||Job Description||Average Salary (INR)|
|Account Manager||Account 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 Manager||Sales 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 Manager||Brand 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 Manager||These 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 Analyst||Equity 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 Manager||Since 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 Consultant||Management 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 Manager||Every 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 Manager||Marketing 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 Manager||With 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 Manager||Project 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|
Check to know more about MBA Jobs
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:
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:
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:
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:
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:
Following are the skills required to opt for MBA in Marketing-
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.