Master of Business Administration (MBA) is a postgraduate program in the field of management and business administration. Students can pursue this degree program from any stream. In India, there are more than 4500 privates, government, and deemed universities that provide the MBA in various specializations, such as Digital Marketing, Human Resources, Finance, and Retail Management.
MBA admission is offered based on the entrance exam score, such as CAT, CMAT, XAT, and MAH CET. However, the eligibility criteria for the MBA program may vary depending on institute to institute. The average fee for the MBA program ranges between INR 10 to 20 lakh.
MBA Highlights
An MBA is a two-year professional degree that can be done after completing graduation. This is a very popular postgraduation program because students can pursue this degree from any stream after graduation. Here are some important MBA course details mentioned below:
- Course Name: MBA
- Full-Form: Master of Business Administration
- Course Level: Post Graduation
- Course Duration: Full-Time MBA – 2 Years and Distance MBA – 1 to 4 Years
- Eligibility Criteria: 50% marks in graduation in any discipline
- Admission Procedure: Entrance Exam followed by group discussion & interview
- Entrance Exams: CAT, CMAT, MAT, NMAT, XAT, ATMA, IIFT, IBSAT
- Top MBA Institutes: IIT Delhi, IIM Ahmedabad, IIM Kozhikode, IIM Bangalore
Type of MBA Courses
The MBA program is a very popular course among students who want to pursue a management degree at the PG level. This program is available in multiple types based on the mode of education:
- Global MBA
- Online MBA
- Distance MBA
- Executive MBA
MBA Eligibility Criteria
Based on the type of MBA program, different MBA eligibility criteria are required to apply for it. BTech, BBA, BCA, BA, and BSc graduates can pursue the MBA program as it is one of the most crucial degrees for the majority of management-level jobs across all industries and sectors.
MBA Syllabus
The two-year MBA program is divided into four semesters and an internship. The syllabus of the MBA program might vary from institute to institute. Here is the semester wise syllabus of the MBA course mentioned below:
First-Year MBA Subjects:
Semester I:
- Business Communication
- Organizational Behaviour
- Computer Applications & Management Information System
- Financial Accounting
- Marketing Management
- Human Resource Management
- Quantitative Methods
- Managerial Economics
Semester II:
- Business Research Methods
- Management Science
- Economic Environment of Business
- Organization Effectiveness and Change
- Operation Management
- Management Accounting
- Production Operations and SCM
- Legal Aspects of Business
Second-Year MBA Subjects:
Semester III:
- Business Ethics & Corporate Social Responsibility
- Elective Course II
- Legal Environment of Business
- Elective Course III
- Strategic Analysis
- Elective Course I
- Digital Marketing
- Elective Course IV
Semester IV:
- Corporate Governance
- Elective One
- Elective Two
- Elective Four
- Entrepreneurship Development
- Cyber Security
- Elective Three
- Elective Five
MBA Entrance Exam
All the students must participate in the MBA Entrance Exam for the specific management college of their choice if they want to enroll in an MBA program. They must successfully complete the MBA entrance examination and interview procedures before being selected.
National Level Entrance Test: There are many entrance exams conducted at the national level for the admission into MBA degree program. These are some of the top entrance exams conducted to offer admission to the MBA program: CAT, MAT, XAT, ATMA, CMAT, and IIFT.
State-Level Entrance Test: There are various state-level entrance exams connected to admission to the MBA program. These are some of the top state-level entrance exams conducted for the admission to the MBA program: OJEE MBA, TANCET, APICET, KMAT, etc.
University-Level Entrance Test: Some university conducts the university-level entrance exam for admission to the MBA program. These are some of the university-level entrance exams conducted for the MBA admission: NMAT/NMIMS, CUSAT, IPU CET, etc.
Preferred Colleges
In India, many private and government institutes provide admission to MBA programs.
Private MBA Colleges:
There are many private MBA institutes in India that offers MBA programs. The course fees of the private institutes are significantly high as compared to the government colleges. Here are some of the top private colleges and also MBA Course fees are mentioned below:
- Christ University – INR 9.35 Lakhs
- Chandigarh University –
- BIT Mesra – INR 6.40 Lakhs
- VIT Chennai – INR 6.97 Lakhs
- Amity University, Noida – INR 12.40 Lakhs
Government MBA Colleges:
Attending government MBA colleges are less expensive as compared to the private colleges that offer MBA programs. Government MBA colleges are known for offering high academic standards throughout the country. These are some of the government colleges and also MBA course fees mentioned below:
- IIM Bangalore – INR 24.50 Lakhs
- IIM Ahmedabad – INR 24.61 Lakhs
- IIT Guwahati –
- NIT Kurukshetra – INR 1.86 Lakhs
- University of Calicut –
- University of Lucknow –
Frequently asked Questions about MBA
Q: What is the course duration of the full time MBA?
A: The total duration of the full-time MBA program is two years, which is divided into four semesters.
Q: What are the eligibility criteria to apply for MBA program?
A: To pursue an MBA degree program, the candidate must have a bachelor’s degree in any stream.
Q: Is there any difference between MBA & PGDM programs?
A: MBA is a degree program, whereas PGDM is a diploma program. PGDM is offered by stand-alone institutions or autonomous bodies, whereas MBA is offered by the Universities or colleges affiliated with the top management universities.
Q: What are the job roles for MBA candidates?
A: After completing the MBA, candidates can pursue their careers as sales manager, executive manager, operations manager, human resource manager, and supply chain manager.