Previously, taking MBA classes and landing MBA positions was a rare occurrence. Enrolling in the Top MBA colleges in India was somewhat difficult.
But now the course has become common all across the globe. If you are looking forward to pursuing an MBA, then this article will help you to discover relevant information regarding the programme. So without any further adieu, keep reading until the end.
Overview of MBA
MBA is one of the most popular Postgraduate programmes as of today. The term MBA stands for Master of Business Administration and is a two-year degree program that can only be pursued after graduation.
MBA degree is required for most managerial level employment across domains and sectors. MBA is widely recognised for developing business and management abilities in future business leaders and entrepreneurs. Admission to MBA is determined through a round of MBA entrance exams which is followed by a round of personality evaluation tests like Group discussion, written ability test, personal interview, etc.
In order to pursue this course, candidates must have a minimum of 50% of their undergraduate degree from any field. The most prominent MBA entry examinations include CAT, GMAT and XAT. Not to mention, there are many top MBA colleges in India that offer MBA courses including IIM Ahmedabad, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, ISB, etc.
Furthermore, MBA universities now offer affordable MBA course prices or allow applicants to apply for MBA admissions. In addition, enrolling on these MBA schools has become easier than ever. Students can opt to be regular students or pursue this programme through distance learning as well according to the convenience.
List of MBA Courses
MBA programmes is offered in a variety of modes and formats. Traditional Full-Time MBA programmes of two years have been the most popular choice but in recent years, Executive MBA and Online MBA programmes have grown in favour due to their flexibility.
However, the following will help you to know the list of MBA courses offered by the top B-School in India:
Full-time MBA Course
Full-Time MBA is the traditional two-year MBA programme that involves physical classes, live projects, internships, semester-by-semester assessment, and final placements as well.
There are more than 5000 top private MBA colleges in India that offer full-time MBA courses. Furthermore, the tuition cost of this course can be expected to be around INR 2 lakh to INR 25 lakh.
|Students must have a bachelor’s degree in any discipline or its equivalent from a recognised university with a minimum score of 50% average. Candidates belonging to the reserved category must have a minimum aggregate score of 45%. Students who are in their final year of graduation are also eligible to apply for the programme. Apart from this, professionals with CA, CS, ICWAI, and other degrees can also seek this degree.||● MBA Finance|
● MBA Marketing
● MBA Rural Management
● MBA Healthcare Management
● MBA Agri-Business Management
● MBA in Entrepreneurship & Family Business Management
● MBA Human Resource Management
● MBA International Business
● MBA Banking & Financial Services
● MBA Business Analytics
Part-time MBA Course
Next comes the part-time MBA programme which is not a residential programme. It is specially designed for working individuals who are looking forward to improving their managerial skills.
There are no campus placements or internship programs available in this course. Furthermore, both private and top government MBA colleges in India offer this course. Also, the average cost of the course varies between INR 1 lakh to INR 10 lakh.
|The eligibility criteria for the part-time MBA programme is to have a bachelor’s degree from a recognised university by UGC which is mainly needed for entrance. In case, if it is a distance learning programme, it should be approved by the UGC-DEB. Students must have a bachelor’s degree with a minimum of 45-50% of marks.||● Finance Management |
● HR Management
● Marketing Management
● General Management
● Retail Management
● Operations Management
● Healthcare and Hospital Management
● Supply Chain Management
● Corporate Management
● Agriculture Business Management
● Accounting Management
● Sales and Marketing Management
● International Business Management
● IT and system Management
The Distance MBA is another course available that is offered by the best institute for PGDM in India. It is done through remote communication and is specially designed for people with limited time and money.
The course is quite inexpensive and flexible in nature and can be completed in a two to five years time period depending on your preference.
|Students looking forward to completing the Distance MBA programme must meet the admission requirements set forth by each university/college. To get admission in this programme, students need to have a bachelor’s or graduate degree from a recognised university with a minimum of 50% marks in the former subject. Apart from this, there is no upper age limit for MBA distance education students. All they have to do is obtain a valid score on any MBA entrance exam.||● Human resource|
● IT and System
● Sales and marketing
● Import and export
● International business
● Healthcare and hospitals
● Logistics and supply chain management
● Hospital management
This course is specially designed for those individuals who have working experience of five years at least. It is similar to a full-time MBA course despite the fact that it lasts for a shorter period of time.
However, to let you know, executive MBA courses are expensive which is why many organizations offer applicants sponsorship opportunities.
|This course is open to professionals with 2 to 5 years of industrial experience. Students who aim to study for an Executive MBA must have a bachelor’s degree from a recognised university with a minimum of 50% grades. Students who fall under the SC/ST/OBC categories must have a minimum of 45% grade. However, those who are seeking an Executive MBA programme would be given the first priority if they have passed the entrance exams and have work experience.||● Bio technology|
● Information technology
● Import and export
● Sales and marketing
● Human resources
● General management
The Online MBA is one of the most chosen and popular methods of MBA education because of the ease and flexibility it offers. The lectures are delivered through video conferencing in this programme.
Whereas, the notes, assessments and examinations are exchanged through a learning management system.
As there is no need to physically attend the classes, students can pursue the MBA course from anywhere without worrying about attendance restrictions because the lectures are recorded and preserved in the Learning management system. Such courses are mainly favoured by the top private MBA colleges in India.
|Students looking forward to enrolling in Online MBA should have completed their 10+2 from a recognised board with a minimum aggregate of 50%. Candidates should also have a Bachelor’s Degree in any discipline from a recognised university with a minimum aggregate of 40%. Apart from that, students need to pass the college’s entrance tests which are available at both the college and national levels. Also, there is no upper age limit for admission to an Online MBA programme.||● Online MBA Airline Management|
● Online MBA Airport Management
● Online MBA Aviation Management
● Online MBA Banking and Finance
● Online MBA Business Analytics
● Online MBA Business Economics
● Online MBA Data Analytics
● Online MBA Data Science
● Online MBA Interior Design
● Online MBA Logistics
● Online MBA Logistics Management
● Online MBA Marketing
● Online MBA Data Science and Data Analytics
● Online MBA Finance
● Online MBA Banking
● Online MBA Biotechnology
● Online MBA Financial Management
● Online MBA Healthcare Management
● Online MBA Hospital Administration
● Online MBA Hospital Management
● Online MBA Hotel Management
● Online MBA HR
● Online MBA Information Technology
5 Years Integrated MBA
Just as the name suggests, this is a five-year dual degree programme that comprises both UG and PG degrees.
Once a candidate has completed high school, this integrated MBA degree can be pursued which is why it is often considered a coveted programme. Furthermore, students who are looking forward to this programme will have to apply for a single time only as it is a dual degree programme.
There are many top MBA colleges in India that offer Integrated MBA courses including IIM Rohtak, IIM Indore, IIM Ranchi, IIM Jammu, IIM Bodhgaya, NMIMS, Xavier University, and Nirma University.
|Students can apply for this programme after completing their class 12 and should have scored an aggregate of 60% in class 12th to be eligible. Those who belong to the SC / ST / PwD category must have a score of 55% to be eligible for this programme. Candidates who are about to appear for class 12 can also apply for this programme. They can be from any stream to apply for this course. However, they will have to present the mark sheet before the last due date declared by the institution.||● Finance|
● Sales and Marketing
● Supply chain management
● Business analytics
What are the Eligibility Criteria to Pursue a Full-Time MBA Course?
The eligibility criteria to pursue a full-time MBA course from the best MBA colleges in India include as follows.
- The most fundamental need for an MBA (full-time) is a bachelor’s degree in any discipline or its equivalent from a recognised university.
- The majority of institutes have a graduation minimum score requirement of 50% average or comparable.
- The minimal aggregate score for students in the Reserved category is 45%.
- Final-year graduate applicants are also eligible to apply for MBA courses if they can show proof of completion of their bachelor’s degree within the institute’s stated time frame.
- MBA can be pursued by professionals with CA, CS, ICWAI, and other degrees as well.
Apart from this, there are certain skill sets demanded in order to pursue MBA courses. These skill-sets include problem-solving skills, good communication, strong mathematical skills, analytical thinking, leadership qualities, management skills and an eye for details.
What are the MBA Entrance Exams?
The most common entrance exams for MBA in India include CAT, MAT, XAT, GMAT, and others.
On the basis of CAT scores, all tier-1 and tier-2 MBA universities accept candidates for the Master of Business Administration programme.
Other MBA entrance tests are usually exclusive to a single institute or state. Although to inform you, MBA Entrance Exams take 120 minutes to complete.
What are the MBA Subjects Per Semester?
The following will help you to discover the MBA subjects per semester that are followed by the best institute for PGDM in India.
|Semester 1||Semester 2|
|Principles of Marketing Management||Marketing Management|
|Principles of Accounting||Business Law|
|Corporate Social Responsibility||Operations Management|
|Quantitative Methods and Statistics||Optimization and Project Research|
|Tools and Framework of Decision Making||Macroeconomics|
|Business Communication and Soft Skills||Project Management|
|Organisational Behaviour 1||Organisational Behaviour 2|
|Semester 3||Semester 4 (Final Semester)|
|Financial Modelling||Project Study|
|Supply Chain Management||International Business Environment|
|Marketing Research||Strategic Management|
|Strategic Management||Elective Course|
|Corporate Governance and Business Ethics|
|Corporate Finance 2|
What is the specialization in MBA?
Candidates can pursue an MBA from the best institute for PGDM in India with a specialisation in a certain field in addition to the standard MBA programme.
In India, candidates can choose from a variety of MBA specialisations in the best MBA colleges in India.
Every candidate should select a branch or specialisation during their MBA programme because it will better prepare them for specialised domains. However, the following is a list of the most popular MBA specialisations that you should know of
|Infrastructure||Advertising||Import & Export||Sports Management|
|Marketing||Materials Management||Product||Agriculture & Food Business|
|International Business||NGO Management||IT & Systems||Telecom|
|Sales||Oil & Gas||Business Analytics||Textile Management|
|Disaster Management||Pharma||Healthcare & Hospital||Transport & Logistics|
|Human Resources||Retail||Digital Marketing||Forestry|
|Energy & Environment||Project Management||Business Economics||Public Policy|
How to Get Admission for MBA?
In order to get admission to the top MBA colleges in India, applicants must go through a rigorous selection procedure. One must meet all the standards of every stage to make it to the final list.
However, the following will help you to discover the process that every candidate needs to go through to be considered for the MBA programme at the best institute for PGDM in India.
- Apply for the Entrance Exam
Candidates must take any of the specified entrance exams even before deciding on a college. They might also check into the prerequisites of the colleges they want to attend and prepare for the admission examinations accordingly.
One must only meet the minimum eligibility conditions for each admission exam in order to take the exam.
Although to let you know, most MBA entrance tests enable general category students to have a 50% aggregate score. While for the reserved category students need to have a 45% aggregate score.
- Appear for the Entrance Exam
In the second step, candidates must appear for the entrance exam. These entrance exams are extremely complex and take months to prepare for. As a result, candidates must plan ahead of time and show up for the exams.
- Entrance Exam Results
The candidates will then have to wait for the results to be released. Different methods of calculating the marks are used in different entrance tests.
Some people look at the grade they received, while others look at the percentile. However, it is recommended to double-check the rules of the exam.
- Colleges and Institutes Announce Cutoffs
Based on the entrance tests accepted for admissions, each college will announce its minimum cutoff marks.
- Submit an Application to the Top MBA Colleges in India
Candidates who meet the cutoff must next apply to the top government MBA colleges in India for admission to the MBA programme.
Anyone who applies despite not meeting the cutoff will be disqualified. Also, keep in mind that most admission exam scores are only valid for one year.
Make sure to verify the score’s accuracy. Moreover, there are a number of universities that admit students with low scores or percentiles.
- Candidates are Shortlisted for the GD/PI Rounds
Candidates will be shortlisted and invited to group talks or personal interviews based on their admission exam scores.
Personal interview rounds are also held at top private MBA colleges in India that accept direct admissions on a merit basis. This round of the selection process requires candidates to show up.
- Final Merit List and Waiting List Announcement
The final list of selected candidates will be announced once the individual has been evaluated on the parameters of entrance exam results, GD/PI performance, academic scores, and job experience.
To ensure their place, candidates must pay the MBA entry course cost. At the same time, the candidates on the waiting list will be announced. Candidates on the waiting list will be admitted if there are any vacant seats available.
Apart from this, MBA admission without an entrance exam is also possible through the management quota. After completing their 12th grade, students can apply for direct admission to IIM through the Integrated Program in Management (IPM). Direct entry to a Master of Business Administration programme is available at some universities, where students are not required to take an entrance exam. Following acceptance, candidates are advised to take the MAT exam by the college.
Some Top MBA Colleges in India That You Can Choose to Seek Admission In
The following table curated below will help you to know about the top MBA colleges in India.
Why Should One Opt to Do an MBA?
The most straightforward response to this question is to accelerate your career. Given that we live in a world where business and the job market are fiercely competitive, one must be equipped with managerial abilities and leadership traits to be able to contribute to the organisation in multiple ways. Knowing how to operate a firm will be an added benefit if you are an expert in a sector.
An MBA degree is a valuable tool for starting a business or changing careers. Apart from this, multiple other advantages can be achieved by obtaining this degree.
To be precise, a few of the advantages include higher salary, better career opportunities, developing management skills, developing leadership abilities, easy job availability in higher positions, entrepreneurial skill development, universal exposure to business and economy, development of industrial networks, and so on.
What is the MBA Scope in India?
There are a lot of opportunities that an MBA Graduate encounters in India. From getting to the top employment right after graduation to obtaining a salary of INR 15,00,000 LPA with 10 to 19 years of experience is now easy.
In India, any individual with more than 20 years of experience with an MBA can readily obtain senior-level positions like director, vice president or senior director.
MBA compensation for these positions might reach up to INR 25 lakhs per year or more. The best part about the scope of an MBA in India is that it is accessible in private, public as well as government sectors.
In other words, individuals with MBA degrees from the top PGDM colleges in India will have little to no trouble finding work. With the correct skill set, one can easily acquire a position in the top firms even if the colleges do not offer placement opportunities. Candidates who have sufficient work experience can also apply for positions in other countries.
Top Recruiters and Employment Areas for MBA Graduates
As mentioned above, there are multiple opportunities available for MBA graduates in India.
Anyone with an MBA degree from the top MBA colleges in India can apply in employment areas such as banks, tourism industry, public work, personal business, multinational companies, industrial houses, financial organizations, educational institutes, business consultancies, and brand and marketing.
Apart from this, some top recruiters who welcome individuals with MBA Degrees are Amazon, Flipkart, Bajaj, HP, HCL, HSBC, Asian Paints, Mahindra, Microsoft, Reliance, ICICI Bank, Infosys, etc.