Pursuing a management course is one of the popular choice for candidates looking to build a successful career in the corporate sector.
Many top management institutions are offering Postgraduate management courses like Master of Business Administration (MBA) or Post Graduate Diploma in Management (PGDM) for graduates aiming to develop advanced business skills and leadership qualities. 
The Master of Business Administration (MBA) is one of the most popular management programs available for candidates aspiring to join managerial positions in corporates, entrepreneurship and in global business opportunities.
The management programs cover a wide range of specializations, including finance, marketing, human resources, and operations, preparing students for high-level roles in the corporate sector.
In this article we will explore MBA course in detail, including eligibility criteria, admission process, job prospects and salary.
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Master of Business Administration (MBA) Course Details
The Master of Business Administration (MBA) is a 2 year’s postgraduate degree offered in the field of business administration.
The course curriculum of an MBA program is designed to develop managerial, leadership, and business skills in the aspiring candidates.
The MBA degree started in the 20th century in the United States, when the country was industrializing, and companies needed more structured, scientific methods for managing their operations.
Below are the key highlights of Master of Business Administration (MBA) programme: Students can check complete overview of MBA course from the table below:
| MBA Program | Courses Details |
| MBA Full Form | Master of Business Administration |
| MBA Course Level | Post Graduation Degree |
| MBA Course Duration | Full-time MBA: 2 years Online/ Distance MBA: 1- 2 years Executive MBA: 1 – 1.5 year Integrated MBA: 5 years |
| MBA Course Types | Full-Time MBA, Part-Time MBA, Distance MBA, Executive MBA, Online MBA, and Integrated MBA |
| MBA Course Fees | INR 2 Lakh – INR 30 Lakh |
| MBA Courses Admission Process | Entrance Exam + Group Discussion + Personal Interview |
| MBA Course Eligibility Criteria | UG degree in any discipline |
| MBA Entrance Exams | CAT, CMAT, XAT, GMAT, etc. |
| Top MBA Colleges | IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIT Delhi etc. |
| MBA Top Specialisations | Marketing, Operations, Finance, Human Resources and Business Analytics |
| MBA Jobs | Finance Managers, Marketing Managers, Sales Managers, Human Resources Managers, etc. |
| MBA Salary | INR 5 LPA – INR 25 LPA |
| MBA Top Recruiters | Infosys, Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Meta, Google, Adobe, etc. |
Why study MBA?
If you are looking towards career in business or pursuing entrepreneurship then a professional business management course like MBA might be the right choice for you.
The MBA program are designed to help students formalize their ideas and implement a logical approach towards their execution.
This MBA course is a combination of research-based curriculum, focusing on analytical and decision making skills for managing business operations effectively.
Lear More About – Career After MBA
An MBA degree is highly beneficial for building a career in the business world. It opens doors to various fields, including sales, marketing, finance, operations, human resources, logistics, and supply chain management. Thus, providing diverse opportunities for professional growth across various sectors.
The demand of MBA graduates is increasing day by day. Almost all industry sectors needed an MBA graduates for managing the work processes, strategizing & executing.
Eligibility Criteria
For admission to the MBA program, candidates have to fulfil the below mentioned eligibility criteria:
- Candidates must have a bachelor’s degree in any discipline with at least 50% marks (45% for reserved category candidates).
- For admission, candidates must qualify national or state-level MBA entrance exams such as CAT, GMAT, XAT, MAT, CMAT, NMAT, or SNAP.
- For executive MBA programs, work experience of 1-3 years is often preferred.
- Their is no age limit for admission to regular MBA programs, while some executive MBA programs might have age limit restrictions.
Apart from the eligibility criteria discussed above, candidates have to meet any university specific eligibility for admission to their MBA or PGDM programs.
Types of MBA Programs
There are various types of MBA programs, offered for specific career goals, experience level and time duration.
Full Time MBA
This is 2 year full-time MBA program offered to fresh graduates.
Part Time MBA
This MBA course is ideal for working professionals who want to study while maintaining their current job. The course duration is 3-4 years.
Executive MBA (EMBA)
Working professionals having significant work experience are eligible for this program. The course duration for executive MBA is 1-2 years.
Online MBA
Online MBA is like a Distance Learning course. This program allows students to study from anywhere with a flexible schedule.
Top MBA Specializations
In MBA programme, students have the option to select the specialisation as per their interest and career goals. The MBA specializations cover everything from general management and finance to marketing and entrepreneurship.
They can choose specializations as per their choices. Some most sought specializations offered by various colleges and universities are:
- Finance
- Accounting
- Marketing
- Human Resources
- Operations
- Banking and Insurance
- Information Technology
- Oil & Gas
- Hospital Management
- Total Quality Management (TQM)
- Supply Chain
- Retail
- Tour and Travel
- International Business
- Health Management
- Business analytics
- MBA consulting
- MBA in entrepreneurship
- MBA HR
- MBA in international business
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Admission
How to get admission in MBA?
Admission into MBA programmes is offered on the basis of various entrance examinations. The examinations are organized at national, state and university level.
Candidates can appear in CAT, MAT, SNAP and many other exams for admission in MBA course. The top institution of the country like IIM (Indian Institute of Management) considers the CAT score card for providing admissions to their MBA programs.
Some popular MBA entrance exams are:
Top MBA Colleges in India
Here we are listing some top institutions of the country to pursue MBA courses:
| MBA Institute | Rank | State |
| Indian Institute of Management Ahmedabad | 1 | Gujarat |
| Indian Institute of Management Bangalore | 2 | Karnataka |
| Indian Institute of Management Kozhikode | 3 | Kerala |
| Indian Institute of Technology, Delhi | 4 | Delhi |
| Indian Institute of Management Calcutta | 5 | West Bengal |
| Indian Institute of Management, Mumbai | 6 | Maharashtra |
| Indian Institute of Management Lucknow | 7 | Uttar Pradesh |
| Indian Institute of Management Indore | 8 | Madhya Pradesh |
| XLRI – Xavier School of Management | 9 | Jharkhand |
| Indian Institute of Technology, Bombay | 10 | Maharashtra |
Career & Jobs
“MBA qualified people are highly demanded in both government as well as in private sector”.
After completing MBA degree, there will be a plethora of career opportunities available for you. You can get jobs in Banks, Consultancy Firms, Brand & Marketing, Educational Institutions, Financial Organizations, Multinational Companies, Industrial Houses, etc.
With the impact of liberalization and privatization the need of business managers has increased rapidly. You can also opt teaching jobs in various reputed colleges or universities.
There are lots job opportunities after an MBA, you can work in various sectors such as banking & finance, information systems management, investment banking, management consulting, data analytics, entrepreneurship, etc.
MBA Job Profiles
- Financial Consultant
- Business Consultant
- IT Manager
- Marketing Manager
- Human Resources (HR) Manager
- Account Manager
- Financial Advisor
- Project Manager
- Management Consultant
- IT Services Marketing Head
- Chief Technology Officer
- Computer and Information Systems Manager
- Financial Manager
- Health Services Manager
Top Recruiters:
- E&Y
- Bain & Company
- Boston Consulting Group
- Genpact
- Cognizant Business Consulting
- Deutsche Bank
- Edelweiss
- Mahindra & Mahindra
- HDFC Bank
- Amazon
- Johnson & Johnson
- Fidelity Investments
Salary
“An MBA degree can lead you to the higher paying management positions in the corporate sector”.
The salary of a management professional vary based on the factors like industry trend, candidate’s graduating Institution, specialization and prior experience.
Fresh MBA graduates, from the tier 1 institution earns in the range between ₹9,00,000 to ₹15,00,000 per annum. The salary largely depends on the candidates chosen specialization and skillset.
Candidates graduating from top b-schools like IIMs, XLRI, MDI & IIFT often receive starting packages above ₹20 lakhs per annum for management roles in the field of Finance, Consulting & Technology.
On an average, candidates with no prior work experience can start their career with ₹6 to ₹12 lakhs per annum.
The experienced candidates with relevant work experience may qualify for mid-to-senior management roles after completing MBA or PG management program, with packages that can reach or exceed ₹20,00,000 per annum.
Books & Study Materials
Study from best books matters a lot. Here we are providing you the list of some best books to study MBA:
- Inspired: How to Create Products Customers Love by Marty Cagan
- The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing by Michael J. Mauboussin
- Built to Last: Successful Habits of Visionary Companies by Jim Collins and Jerry I. Porras
- Start Run & Grow: A Successful Small Business by Toolkit Media Group
- The Business Planning Guide by David H. Bangs
- Management: “The Hard Thing About Hard Things” by Ben Horowitz
- Fortune At The Bottom Of The Pyramid by C.K. Prahlad
- Beyond the MBA Hype: A Guide to Understanding and Surviving B-Schools by Sameer Kamat
Career After MBA FAQ’s
For any other queries regarding Master of Business Administration (MBA), you can ask us by commenting below in the comment box.
sir i have 4 years of work experience, can i go for executive MBA ?? plz answer
Yes, an Executive MBA (EMBA) is an excellent option for working professionals who want to advance their careers without interrupting their job.
Yes, an Executive MBA (EMBA) is an excellent option for working professionals who want to advance their careers without interrupting their job.