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MBA Full Form, Admission, Courses, Subjects, Eligibility, Fees, Entrance exam

MBA  Full Form, Admission, Courses, Subjects, Eligibility, Fees, Entrance exam

 

All About MBA – Admission, Full form, Courses, Exams, Eligibility, Scope, Jobs 

What is MBA? – MBA Full Form

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MBA Full Form is a Master of Business Administration. MBA is a two-year postgraduate program that teaches about business aspects such as finance, management skills, technical skills, and leadership skills. It creates an opportunity for students to grab top jobs in the world. It is one of the most popular programs in India and abroad.

  • Students from any stream can pursue an MBA program.
  • A one-year course in Business Administration is a Post Graduate Diploma in Management (PGDM).
  • An MBA program is generally a four-semester (two-year) course.
  • An MBA program is offered in three modes: Regular, Part-Time, and Distance Mode.
  • Candidates with prior work experience of 5-10 years can pursue the Executive MBA program.
  • Many institutes offer Post Graduate Programme (PGP) instead of MBA courses which is the same.

 

MBA Eligibility

Candidates who wish to pursue an MBA course should fulfill the following criteria:

  1.   Candidates must have passed a Bachelor’s degree from a recognized university.
  2.   Candidates must acquire 50% marks in graduation to become eligible.
  3.   Candidates who are in the final year of graduation can apply for the MBA program.
  4.   Candidates must pass the entrance exam for applying to the college/university.

 

MBA Admission

For MBA Admission Candidates need to appear for an MBA Entrance exam to pursue an MBA course at top B-Schools. An MBA entrance exam is conducted at the National and State level. 

 

Related – Admission Process in Top MBA Institutes in India

 

National level MBA entrance exams are 

  • CAT
  • ATMA
  • MAT
  • CMAT, etc. 

State-level MBA entrance exams are 

  • KMAT
  • TANCET
  • OJEE 
  • MAH CET, 
  • APICET, etc. 
  • Some institutes also conduct their MBA exams like XAT, SNAP, NMAT, IBSAT, etc.
  • Generally, after clearing the written entrance exam, candidates need to appear for Group Discussion and Personal Interview.

 

MBA Entrance Exam 

MBA entrance exams in India that will take the candidates to study in one of the top B-Schools.

CATXATCMAT
ATMAMATSNAP
NMATMAH CETIBSAT
TSI CETKMATKIIT MBA

 

Read more – Top MBA entrance exams in India

 

MBA Courses and Specialisations

Colleges/Institutes in India offers Master of Business Administration (MBA) in various specializations. Candidates can also take admission in Post Graduate Diploma in Management (PGDM) or Post Graduate Programme in Management (PGPM) which is offered for one year.

MBA Specializations:

SalesPublic Policy
MarketingTransport & Logistics
FinanceImport & Export
International BusinessIT & Systems
ProductRetail
Business AnalyticsOil & Gas
Human ResourcesEnergy & Environment
OperationsRural Management
InfrastructureSupply Chain
AdvertisingBusiness Economics
Digital MarketingHealthcare & Hospital
EntrepreneurshipForestry
TelecomTextile Management
PharmaMaterial Management
Sports ManagementAgriculture & Food Business
Disaster ManagementNGO Management
Hospitality

 

MBA Subjects

An MBA course is offered for a duration of two years. In the second year, students are taught core subjects. Following are some of the subjects’ semester wise:

Semester I

  • Marketing Management
  • Human Resource Management
  • Organizational Behaviour
  • Financial Accounting
  • Quantitative Methods
  • Business Communication
  • Economics
  • Information Technology Management
Semester II            

  • Management Science
  • Marketing Research
  • Financial Management
  • Economics Environment of Business
  • Management of Information Business
  • Management Accounting
  • Operation Management
  • Organization Effectiveness and Change
Semester III

  • Strategic Analysis
  • Elective Course
  • Legal Environment of Business
  • Business Ethics & Corporate Social Responsibility
Semester IV

  • Project Study
  • Elective Course
  • Strategic Management
  • International Business Management

 

MBA Top Colleges Location Wise

Delhi:

  1. International Management Institute
  2. Management Development Institute, Gurugram (Delhi-NCR)
  3. Fore School of Management
  4. Lal Bahadur Shastri Institute of Management
  5. Indian Institute of Foreign Trade

 Mumbai:

  1. S. P. Jain Institute of Management & Research
  2. Indian Institute of Technology
  3. NMIMS
  4. Jamnalal Bajaj Institute of Management
  5. K J Somaiya Institute of Management

 

Related – Top MBA Colleges in Maharashtra

 

Ahmedabad:

  1. Indian Institute of Management
  2. Mudra Institute of Communications (MICA)

 

Related – Top MBA Colleges in Ahmedabad

 

Calcutta:

  1. Indian Institute of Management
  2. IFMR Graduate of Business

 

Related – Top MBA Colleges in Kolkata

 

Bangalore:

  1. Indian Institute of Management
  2. Institute of Business Management & Technology
  3. IFIM Business School

 

Related – Top MBA Colleges in Bangalore

 

Hyderabad:

  1. ICFAI Business School
  2. Osmania University
  3. Institute of Public Enterprise

 

Know all about Top MBA colleges in India

 

MBA Jobs and Career Opportunities

After completing an MBA course, candidates are hired as Managers in a company who are responsible for planning, executing, coordinating, financing, strategizing, and leading several people.

Job Prospects with Salary offered:

Job PositionsAverage Salary in INR
Sales Manager10 – 12 lakhs per annum
Finance Manager9 – 10 lakhs per annum
Human Resource Manager4 lakhs per annum
Product Manager15 – 16 lakhs per annum
Project Manager13 – 15 lakhs per annum
Telecom Manager7 lakhs per annum
International Business Manager9 – 11 lakhs per annum
Digital Marketing Manager4 – 5 lakhs per annum
Operations Manager7 lakhs per annum
Marketing Manager10 lakhs per annum
Infrastructure Manager10 – 11 lakhs per annum
Risk Manager10 lakhs per annum
IT & Systems Manager7 lakhs per annum

 

Scope of MBA

MBA graduates get a good opportunity and get hired in top companies. Freshers get an average salary of INR 6 -7 lakhs per annum. Some companies even hire candidates for an average placement of INR 10 -15 lakhs per annum. Candidates can work for MNCs, start-ups, or government organizations.

Top Companies:

  • Deloitte
  • Accenture
  • Google
  • ITC
  • Vodafone
  • TechMahindra
  • ICICI Bank
  • HDFC Bank
  • Nestle
  • Wipro
  • TATA
  • Reliance
  • Amazon
  • Flipkart
  • Infosys
  • Philips
  • Microsoft
  • Asian Paints
  • Aditya Birla Group
  • Cipla
  • Larsen & Toubro
  • JP Morgan

 

MBA FAQs

Q1: What are the top national entrance exams for MBA admission?

A: You can appear for CAT, MAT, ATMA, CMAT, or XAT exam.

Q2: What is the next procedure after clearing the CAT written exam?

A: Candidate who clear CAT exam need to appear for WAT (Written Ability Test) & PI (Personal Interview).

Q3: I want to pursue an MBA while doing a job, what are the options for me?

A: You can take admission in an MBA course through correspondence mode.

Q4: What is the difference between MBA & PGDM?

A: MBA full form is Master of Business Administration which is for a duration of two-years. PGDM stands for Post Graduate Diploma in Management which is offered for a duration of one year.

Q5: What are the top MBA colleges in India?

A: Top MBA colleges are the Indian Institute of Management (IIM), SPJIMR, FMS, MDI, IIT, NMIMS, XLRI, etc. 

 

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