MBA: Full Form, Courses, Admission, Top Colleges 2022, Subjects & Jobs
MBA is one of the most sought-after educational degrees in India. The popularity of an MBA comes from its availability to every graduate. Graduates from any stream can pursue MBA to qualify for better-paying jobs and administrative positions in various companies around the world. Due to its high-demand MBA admissions process is excessively difficult, and most students do not get into the college of their choice for their MBA degrees.
The admissions process is complete with various tests such as the CAT and GMAT, WATs, and PIs before starting their postgraduate degree. Even after being such a difficult degree, the popularity of an MBA does not guarantee success, as only 7% of all MBA graduates in India end up being successfully placed in top positions. So, a lot of effort is required on the end of the student even after their education is completed to get their dream jobs.
Let’s take a detailed look at MBA as a postgraduate degree and its courses, admission process, subjects, available jobs and their expected remunerations, as well as the top MBA colleges in India and top b-schools in India for getting your MBA degree in 2022.
- 1 What is MBA?
- 2 MBA Course Overview
- 3 Finance (MBA in Finance)
- 4 Information Technology (MBA in IT)
- 5 Marketing (MBA in Marketing)
- 6 Operations Management (MBA in Operations Management)
- 7 International Business (MBA in International Business)
- 8 Strategy (MBA in Strategy)
- 9 Leadership (MBA in Leadership)
- 10 Entrepreneurship (MBA in Entrepreneurship)
- 11 Corporate Social Responsibility (MBA in CSR)
- 12 Rural Development (MBA in Rural Development)
- 13 Operations Management (MBA in Operations Management)
- 14 Agriculture Management (MBA in Agriculture Management)
- 15 Dairy Management (MBA in Dairy Management)
- 16 Healthcare Management (MBA in Healthcare Management)
- 17 MBA Course Overview: Key Highlights
- 18 Why Do MBA?
- 19 What Are The Types Of MBA Courses?
- 20 5 Year Integrated MBA Program
- 21 MBA Abroad
- 22 MBA Eligibility Criteria
- 23 MBA Admission
- 24 Top MBA Entrance Exams
- 24.1 Common Admission Test (CAT)
- 24.2 Common Management Admission Test (CMAT)
- 24.3 Symbiosis National Aptitude Test (SNAP)
- 24.4 Indian Institute of Foreign Trade (IIFT)
- 24.5 Xavier Aptitude Test (XAT)
- 24.6 Management Aptitude Test (MAT)
- 24.7 NMIMS Management Aptitude Test (NMAT)
- 24.8 AIMS Test for Management Admissions (ATMA)
- 25 MBA Syllabus
- 25.1 HR Management
- 25.2 Marketing
- 25.3 Business Planning
- 25.4 Principles of Management
- 25.5 Finance Management
- 25.6 Communication Skills
- 25.7 Business Laws
- 25.8 Entrepreneurship
- 25.9 Computer Application
- 25.10 Business Communication
- 25.11 Taxation
- 25.12 Organizational Behavior
- 25.13 Economics
- 25.14 Retail Management
- 25.15 Business Environment
- 25.16 Project Work
- 26 Top MBA Colleges in India 2022
- 27 MBA Career Scope: Jobs Roles & Salary
- 28 Top MBA Colleges in India for Placements
- 29 Scope of MBA: Top Companies & Recruiters
- 30 FAQs Related to MBA Course
What is MBA?
MBA stands for Masters in Business Administration. Business Administration is an educational stream that relates to the field of study relating to commerce. Business Administration teaches individuals management skills needed to run a business or be a part of the administration of a business. You also learn all the necessary skills needed to start your own startup business as well.
An MBA degree teaches you many different subjects that will help you gather all these skills mentioned above, but you also need to have a bit of background in accountancy, finance, marketing, and information technology. Having some experience in these subjects can help you be more successful when you complete your MBA, but they are not necessary for your admission to any MBA programs. Let’s take a look at the various courses of MBA available in India.
MBA Course Overview
The term courses of MBA might be misleading up to a certain extent because MBA itself is a course of education. Courses of MBA mean the various specializations that you can pursue when you are taking an MBA course. Let’s look at the most sought-after and popular MBA specializations that students can opt for in India.
Finance (MBA in Finance)
An MBA in finance is one of the most sought-after MBA degrees because of the prospect it provides to candidates. This MBA specialization deals with the study of the Indian and international money market with a focus on management accounting. This specialization gives candidates a wide range of career opportunities. With an MBA in finance, a candidate can find successful careers at financial institutions, banks, corporate finance, and international finance, to name a few.
Information Technology (MBA in IT)
An MBA in IT focuses on the administrative side of the IT industry. With the leaps and strides, the IT industry has progressed all around the world, the need for capable and adept leaders to step up and manage the operations of such IT firms have also peaked. An MBA in IT teaches candidates the appropriate knowledge needed to handle projects and teams of engineers in IT firms. They also learn about project planning, design, and skilful execution. An MBA in IT directs the candidate to a career in the IT industry at prestigious national and international conglomerates.
Marketing (MBA in Marketing)
As the name states, an MBA in marketing and sales teaches the candidate all they need to learn about marketing, advertising, and public relations. They are also taught the sharp skills required for a marketing expert to properly utilize every possible opportunity to market the clients and their brands. A marketing MBA can fetch big bucks for the candidate at various corporates.
Operations Management (MBA in Operations Management)
MBAs in Operations Management are the people that help large corporations run effectively and efficiently. They are taught all the skills necessary for running a business efficiently, and they are also taught how to handle and oversee the day-to-day functioning of an office, be it a manufacturing plant or a corporate office. Candidates who complete MBA in operations management have different career opportunities available in various corporates and manufacturing industries.
International Business (MBA in International Business)
An MBA in International Business is somewhat similar to the Operations Management specialization, with the difference being International Business deals with international or global organizations and their functioning and operations. A candidate in this specialization is taught about all the skills needed to run, manage, and administrate an international organization efficiently. Candidates are also taught key skills necessary to thrive in a multicultural office space and to understand and respect the various cultures around the world.
Strategy (MBA in Strategy)
An MBA in Strategy teaches you all the skills necessary for strategic thinking that is needed for the efficient functioning of a business. Candidates are also taught proper problem-solving techniques and strategies that help them get an edge in the current competitive and dynamic market. Candidates pursuing this specialization can get placed in different corporates, both national and global businesses around the world.
Leadership (MBA in Leadership)
An MBA in leadership will help candidates learn all the necessary skills to be a skillful leader that is able to handle projects, manage teams, and be skilled at corporate communication and conflict resolution. This specialization teaches candidates to even lead and start their own business and how they can go about doing that. Leadership roles are in high demand in the corporate industry, and candidates can get high salaries with good qualifications and skills.
Entrepreneurship (MBA in Entrepreneurship)
If you are interested in building your own business or startup, this specialization is specifically for you. Candidates are taught all the skills and knowledge needed to create and float a business in the highly competitive market that exists today. You can get placed after finishing this specialization in various corporates that hire administrative personnel that have a keen eye on innovation and good problem-solving ideas.
Corporate Social Responsibility (MBA in CSR)
This specialization is one of the most underrated specializations of MBA that is slowly gaining popularity among Indian students. An MBA in CSR focuses on learning about the business or non-profit organization it serves and the way it functions in a dynamic market. Candidates can expect good corporate placements by pursuing this specialization, although getting your degree from a premier institute is key to your success in this field.
Rural Development (MBA in Rural Development)
An MBA in Rural Development teaches you all the skills that are needed to properly manage and grow while you work for any organization that plans to pursue rural development. This specialization greatly focuses on finance and especially insurance and banking. After the completion of this course, students have many career paths open for them as a Research Officer, National Sales Development Manager, Rural Development Officer, and many more similar opportunities.
Operations Management (MBA in Operations Management)
If you want a future in the manufacturing and production industry, an MBA in Operations Management is in your best interest. This course teaches you all the skills you would need to work in the manufacturing and production industry and help them take their process to the next level with new technological and management skills that you can provide for the firm. You will also learn the necessary skills needed to start your own manufacturing and production-based business. Operations Management is an attractive MBA program that is highly rewarding if you complete your education at a reputable university.
Agriculture Management (MBA in Agriculture Management)
As it is closely linked with agriculture, an MBA in Agriculture Management teaches students the skills required to manage an agricultural venture. They are also taught the skills related to the production and distribution of agricultural products such as food and fibre. As a management course, you are taught the basics and detailed study of the management skills needed to make a business profitable and run smoothly with the added knowledge of agricultural sciences. With the popularity of large scale farming in India, this field of study can be rewarding for students.
Dairy Management (MBA in Dairy Management)
An MBA in Dairy Management is very directed and will not allow students to later defect to other fields of work. So, be sure that you want to continue in the field of dairy industry before pursuing this course. The Dairy Management MBA course teaches students all the skills needed to successfully build and run a dairy product industry. The dairy industry is rapidly evolving and there is a huge opportunity for qualified MBA candidates to fill the void with their updated skill sets. It can be a rewarding position for your future if you are interested in dairy management.
Healthcare Management (MBA in Healthcare Management)
With hospitals and healthcare becoming privatized and corporate, MBAs have found great opportunities in healthcare management with an MBA in healthcare management. The education teaches students all the things they need to efficiently run a healthcare system be it a hospital or a clinic. The career of a hospital administrator is highly fruitful and can be very rewarding for the right candidate with the right attitude and skillsets.
MBA Course Overview: Key Highlights
- MBA is one of the most popular postgraduate courses in the world because it is available for graduates from all educational backgrounds (science, commerce, arts).
- An MBA degree is offered as a two-year postgraduate program that is broken up into six semesters. You can also pursue a one-year PGDM in MBA from certain private institutes in India.
- MBA is suitable for students that have just completed their graduate degree education while also being popular among working professionals that have some years of working experience.
- For students that are fresh graduates and want to pursue an MBA degree directly after graduation can pursue a full-time MBA degree.
- Working professionals with a few years of experience can pursue a distance MBA course or, if their employers allow, can also opt for the full-time MBA degree.
Why Do MBA?
MBA is a postgraduate degree, and as you would know, the higher qualifications you have, the better it can be for your career. Having said that, MBA is a bit different from other postgraduate degrees because it is not strictly limited to students that have completed their graduation in the said subject. An MBA degree is open for students from all fields of education. If that is not enough to convince you, here are some of the top reasons why you should do an MBA.
An MBA degree can provide many better and newer opportunities for your career for multiple reasons. Firstly, with a postgraduate degree, your skill levels are improved, and you become eligible for better and higher positions at your job. Secondly, with an MBA degree, you become eligible for management positions which opens up a new line of opportunities for your career.
Better Paying Jobs
If you are looking for higher-paying job offers or a better paying offer from your current job, an MBA degree can be perfect for you. With an MBA degree, you become eligible to take additional responsibilities and positions at your current job. You can also be eligible for better job positions elsewhere with higher pay.
Learn New Skills
An MBA degree teaches you all the skills and knowledge you need to efficiently manage and lead a team or company. These skills are in high demand everywhere around the world. A qualified administrator can change the shape of the company internally and help the organization become more efficient and perform better. These skills can help you get better job offers everywhere, so an MBA degree is in your best interest in any and every situation.
What Are The Types Of MBA Courses?
An aspirant can complete their MBA degree in several ways. All these different degrees have different weightage and can have varying impacts on your overall career. So, please make sure to understand the details of each type of MBA course before enrolling.
A full-time MBA is the most popular and arguably the best MBA degree that you can pursue. This is because a full-time MBA degree has the most value for your career. A full-time course requires you to attend the university in person for the entire duration of the course (two years). A full-time course will also require you to complete projects, assignments, and examinations. After the duration of your course is complete, most full-time MBA courses offer placements as well.
A distance MBA course is best for working professionals that are trying to pursue an MBA degree while working full-time. A distance MBA program is one of the most affordable ways for you to complete your MBA degree. A distance education degree is done through remote communication. These courses are flexible and can be completed by you in your schedule from 2-5 years. It is important to note that a distance MBA degree is not as valuable as a full-time MBA degree.
A part-time MBA degree is suitable for people that are doing a full-time job but want to pursue an MBA degree on sabbatical from their employer. A part-time course only focuses on the classes and examinations, and students of a part-time course are not offered internships or placements. After the full-time MBA degree, the part-time MBA degree has the most value for your career. You can complete your part-time MBA degree from both government and private universities in India.
An executive MBA is much like a full-time MBA course, but it is reserved for working professionals that have over five years of work experience. This course has a shorter duration in comparison to a full-time MBA course as it runs between 15-17 months at maximum while a full-time course runs at 24 months. These courses are very costly, and most times, these courses are sponsored by the employer of the student. You can have a talk with your employer to learn more about executive MBA opportunities at your organization.
In this digital age, online MBA has also become a thing where you can complete your entire degree from online classes that can be completed over a fixed period of time or flexibly according to your availability. An online MBA degree can be pursued from any university around the world while you live in a different city, state, country, or continent. It is great for aspirants to be able to complete their education on their terms, but it does not have a very high value for your career since it’s done completely online.
Dual Specialization MBA
As a postgraduate course, MBA allows students to obtain dual specialization in two different subjects of Business Administration. It is similar to having two majors for your undergraduate education. Having a dual specialization MBA is a great achievement for the student as it requires more effort. Not all MBA colleges in India offer dual specialization MBA programs, if you want to pursue a dual specialization course, you have to speak to your university. They will be able to guide you on how you can proceed with your dual specialization MBA program.
5 Year Integrated MBA Program
A five-year integrated MBA program is for students that have just completed their higher secondary education. A five-year integrated MBA program encapsulates the graduate and postgraduate degrees in the same course. Students have options such as BBA and MBA or BTech and MBA for 5 years integrated MBA programs. These courses are highly in demand and are quite hard to get into because of the demand. They are also not offered by most universities, so you need to have a good long-term vision for your career to ensure you can enrol and complete this course.
If you are interested in pursuing an MBA abroad, you can do so by clearing the Graduate Management Aptitude Test (GMAT). GMAT is an international examination that allows students to be eligible for international MBA education. You can also go for international MBA degrees by completing the Graduate Record Examinations (GRE). Your GMAT scores, along with your graduation scores, are used for your international MBA admissions. GRE scores are not accepted by every university, so please make sure you check with your university of choice before opting for the GRE.
As an Indian opting for an MBA abroad, you will also have to go through other examinations to prove your eligibility. This includes the Test Of English As A Foreign Language (TOEFL) and International English Language Testing System (IELTS) for successful international MBA admissions.
If you plan to complete an international MBA, you have to have a minimum of 50% marks in your graduation on aggregate from any recognized university with at least 3-5 years of professional work experience.
MBA Eligibility Criteria
The eligibility criteria of an MBA degree differs according to the different types of course. The eligibility criteria for a full-time MBA degree are mentioned below.
- Graduation degree in any discipline or subject from any recognized university.
- A minimum of 50% aggregate scores in your graduation degree is required.
- In India, the minimum aggregate scores required for students protected under reservation categories such as (SC, ST, and OBC) is 45%.
- Professionals from various disciplines can apply for an MBA; this includes candidates that have pursued CA, CS, and ICWAI.
- Any graduate candidate in the final year of their education can apply for an MBA and get successful admission only if they produce their graduation proof within the mentioned time frame by the university.
Getting admission to an MBA program is quite difficult. You have to get through a very difficult test that is one of the hardest examinations in India. You also have to go through a different set of tests for each institute if you are eligible for the top institutes in the country. Basically, it is hard, and you really need to put your heart and soul into the process for successfully getting admission at your choice of university for your MBA degree. Let’s take a look at all the different steps that are there in your path to an MBA admission.
Top MBA Entrance Exams
You can only get an MBA admission once you clear one of the many tests that are nationally organized by various universities. Your scores in these tests are the first step in determining whether you can or can not get admission to your choice of university for your MBA education. The top entrance exams for MBA are:
Common Admission Test (CAT)
The Common Admission Test or CAT is the most common entrance test for MBA in India. The CAT examination is held by the Indian Institute of Management. Every year around 2 to 2.5 lakh applicants apply for CAT. Your CAT scores can be used for MBA admissions in almost every university in India, be it private or government. Your CAT scores are valid for only one year in which you have to take admission at any university for your MBA degree.
Common Management Admission Test (CMAT)
The Common Management Admission Test or CMAT is also used by students across India for getting admission to their choice of college for MBA education. The test is organized by the National Testing Agency (NTA). The CMAT is taken by almost 70,000 students every year. Your CMAT scores can be used for MBA admissions in government and private universities around the country.
Symbiosis National Aptitude Test (SNAP)
The Symbiosis National Aptitude Test or SNAP is a test organized by the Symbiosis group for admissions to 15 of their partner universities in India. This test needs to be passed for admissions to the 15 universities under the Symbiosis group. Your SNAP scores can’t be used for admissions to other universities, and your CAT or CMAT scores can’t be used to get admissions to the Symbiosis partner universities. Each year almost 60,000 applicants apply for the SNAP test.
Indian Institute of Foreign Trade (IIFT)
The Indian Institute of Foreign Trade or IIFT hosts their own admission test for their MBA program at their different centers located in Delhi, Kolkata, and Kakinada. The IIFT test is one of the most difficult MBA admission tests. The National Testing Authority or NTA conducts the exam on behalf of the institute. The IIFT test is taken by more than 30,000 candidates every year, and the scores of this examination are only valid for admissions to the universities that accept the IIFT scores for admission to their management programs.
Xavier Aptitude Test (XAT)
The Xavier Aptitude Test or XAT is hosted by the Xavier’s School of Management in Jamshedpur. The XAT scores of a student can be used to take admissions for their MBA education in up to 160 universities and colleges around the country that accept XAT scores for admissions to their management program. Almost one lakh students apply every year for the XAT examinations. The XAT scores are necessary for admissions to the MBA and PGDM programs of XLRI.
Management Aptitude Test (MAT)
The Management Aptitude Test or MAT conducted by the All India Management Association (AIMA) is a national-level entrance test for MBA programs in various colleges and universities around the country. This examination is hosted several times per year, and the scores of MAT can be used for admissions to over 700 MBA programs and colleges in India. Every year almost 20,000 students appear in every session of the examination, which totals to 80,000 students appearing for the test per year.
NMIMS Management Aptitude Test (NMAT)
The NMIMS Management Aptitude Test or NMAT is organized by the Graduate Management Admission Council (GMAC). NMIMS is an independent and reputed examination that can be used for MBA admissions in some of the best universities around the country. In total, around 30 colleges and universities accept the NMAT scores for MBA admissions. NMAT is a time-based examination that requires students to be quick with their answers to ensure they can score well in the examination.
AIMS Test for Management Admissions (ATMA)
The AIMS Test for Management Admissions or ATMA is a national admissions test for MBA admissions. Most autonomous universities in India accept ATMA scores for their management programs. The ATMA exams are relatively easier in comparison to the other competitive exams for MBA. The ATMA exams are held several times a year, and the ATMA scores can get you admission to over 200 MBA programs across India.
MBA is a two-year program that focuses on certain core subjects like marketing, organizational behaviour, and principles of management in the first year of the course. These subjects are later expanded, and newer subjects such as business law and entrepreneurship are introduced in the second year of the course. All the subjects in MBA are important, and they teach valuable skills and impart essential knowledge to students that are essential for their success in administrative roles in the world. Here is a detailed look at the various subjects that are included in the curriculum of an MBA program.
The HR Management subject teaches students about the various skills and techniques that are essential to be a good leader at an organization. They are taught the skills necessary for recruiting talent for the company as well as being the necessary voice of the workforce in front of the management of the company.
Marketing, as the name suggests, teaches students all the necessary skills needed to analyze a market and find the best ways to market a business to effectively reach its target customer base. Students are also taught all the necessary communication skills necessary to artfully interact with the customers and clients of any business and to get the most out of every conversation that they hold.
Business planning teaches students all the information that is needed to properly strategize and analyze business growth. This subject focuses on the analytical skills of the students and how they can use data to plan the growth of any business in any industry and practically create a formula and blueprint for business growth through their work. Students are also taught very strong decision-making skills that they can use to make solid growth decisions for the future of the company.
Principles of Management
The subject principles of management essentially deals with all the knowledge and skills you would need to become a good manager at any workplace. You will learn how to deal with the team you are working with and how you can effectively and efficiently manage the work and ensure proper adherence to the requirements of your workplace. You are taught proper team-building skills and how you can be an effective leader rather than just a boss.
The finance management subject in your MBA curriculum deals with the budgeting and financial oversee/monitoring of your organization. You are taught how to use analytics and data to properly manage the finances of any business and how you can perform proper cost accounting for any business.
The communications skills subject teaches students the way to effectively communicate with peers, team members, authority figures, clients, and customers. Business communication skills are one of the key elements of your MBA curriculum as it is different from everyday communication skills. Proper communication skills are an essential requirement for good MBA graduates, so; this subject is of utmost importance for students even if it feels very easy.
There are many laws in any country when it comes to commercial businesses. The business law subjects tries to teach students all they need to know and learn about the business laws of any given country and how they can use that data to properly ensure adherence to government laws by the business in every aspect. Various topics such as commercial litigation, non-profit law, and business transaction laws are taught to students in this subject.
An MBA does not only teach you all the necessary skills needed to pursue a career managing other companies. It also teaches you all the skills needed to create and lead your own business. The entrepreneurship subject in MBA teaches you all the skills necessary to float, market, and grow your own startup business and how you can build your business from the beginning to an MNC.
Computer skills are necessary for an MBA graduate. Being able to handle basic computer operations and certain specialized software that is related to the job profile of an MBA graduate is necessary to be a proper administrator of any business. Computer applications teaches you the functionality and the usage of these softwares along with the basic functionalities of computers as they are unanimous and essential in today’s workplaces.
Business communication is an extension of the communication skills subject of MBA. You learn all the necessary public speaking, investor relations, and business writing skills needed to be successful in your career as a management figure and administrator for any business. You also get to learn all the skills necessary for efficient business communication that can be highly beneficial for your workplace.
Taxes are an important part of every business. The government requires every business to pay taxes on various accounts. In this subject, you are taught the skills to effectively understand and ensure your company follows the proper corresponding taxation laws in the country. You are also taught all the necessary information about international taxation, accounting, and financial statement analysis.
Organizational behaviour as a subject teaches you all the necessary skills to be a skillful manager and administrator. You are taught the hierarchy of a workplace and how you can understand and deliver on your role in that hierarchy. You are also taught team dynamics and negotiation. These skills are crucial for success in your career as an MBA graduate.
An MBA without an understanding of economics is pretty useless because, as an MBA, the job profile requires you to understand the intricacies of economics both in terms of macro and microeconomics. You are also taught the position of a business in the overall economy of a country from both the micro and macro perspectives. This knowledge helps you understand your business better and its position in the overall economy of a city, state, or country.
Retail management teaches students all the details of a retail-oriented business ranging from retail concepts to visual merchandising. Students are also taught buying and merchandising management along with retail store management to ensure they are fully equipped with all the skills and knowledge necessary to lead a retail-oriented business.
Business Environment as a subject teaches you all that you need to know about market demand, customer needs and expectations, and employee needs and expectations. You are also taught about the internal and external factors that help a business succeed along with topics such as government policies, technological and market trends as well as supply and demand chains.
The project work subject is only included for students that are pursuing a full-time or integrated MBA course. This subject requires students to submit a project on a subject of their choice or as assigned that shows their knowledge and expertise of their education and helps universities validate the credentials of a student.
Top MBA Colleges in India 2022
You can learn all about the top MBA colleges in India from the Indian Institutional Ranking Framework (IIRF) MBA ranking 2022 that will be released soon. The IIRF MBA rankings are unbiased, independent, and objective in providing you with an objective image of the best MBA institutes in the country. You can find the best B-Schools (private) in India for 2022 from the 2022 Business School (Private) ranking published by IIRF. Mentioned below are some of the best institutes that have repeatedly ranked high in the IIRF MBA rankings over the years.
MBA Career Scope: Jobs Roles & Salary
An MBA is a great scope for your career. Completing an MBA can help you go into administrative and managerial roles at your workplace, which opens up a completely new avenue for your career. There are many job roles that you can go for after completing your MBA. Some of the best job roles that you can go for after an MBA are mentioned below, along with salary data obtained from Payscale.
|MBA Jobs||Average Salary|
|Marketing Manager||10 LPA|
|Finance Manager||9.6 LPA|
|Sales Manager||10 LPA|
|Operations Manager||7 LPA|
|Human Resource Manager||4 LPA|
|Product Manager||15 LPA|
|Data Analytics Manager||14 LPA|
|Advertising Sales Manager||8.5 LPA|
|Digital Marketing Manager||4.5 LPA|
|NGO Manager||5 LPA|
|Telecom Manager||7 LPA|
|Project Manager||13 LPA|
|Infrastructure Manager||11 LPA|
|Transport & Logistics Manager||6 LPA|
|Risk Manager||10 LPA|
|International Business Manager||9 LPA|
|Public Policy Manager||7 LPA|
|Retail Manager||5 LPA|
|Supply Chain Manager||8 LPA|
|Materials Manager||6 LPA|
|IT & Systems Manager||7 LPA|
|Energy & Environment Manager||6 LPA|
|Healthcare & Hospital Manager||4 LPA|
Top MBA Colleges in India for Placements
|IIM Ahmedabad||IIM Kolkata||IIM Bengaluru||FMS New Delhi||ISB Hyderabad|
|IIFT New Delhi||IIM Lucknow||XLRI Jamshedpur||MDI Gurgaon||SPJIMR Mumbai|
These are the ten top universities in India when it comes to placements. You can expect an average package of a minimum of 20 LPA from these universities based on your merit. The upper limit is not limited because candidates have historically gotten crores worth of placement deals when they were the right fit for a major company and also had the right skills.
Scope of MBA: Top Companies & Recruiters
The scope of an MBA is huge given the current job market. Most companies are looking for efficient and adept leaders and administrators to lead their business to glory in a very competitive market. MBAs with a good understanding of the market and their own skills are highly in demand, and they are paid handsomely by some of the biggest companies in the world. Here is a list of some of the top companies where you can get placed with an MBA degree from some of the top MBA programs in India.
|Deloitte||Vodafone||ITC||ICICI Bank||Larsen & Turbo|
|Mahindra||Reliance||Aditya Birla Group||Accenture||JP Morgan Chase & Co.|
These are just some of the biggest names in the industry that regularly hire MBA graduates with some of the top offers in the industry. As an MBA graduate, you can expect to be placed in these companies if you get your degree from the top MBA colleges in India. It would help for you to also have exceptional skills and knowledge about your field of work and market to get the best paying job offers.
FAQs Related to MBA Course
The full form of an MBA is Masters in Business Administration. This course is the Master's level course of Business Administration. You can complete the graduate-level course in Business Administration known as the BBA or Bachelors in Business Administration, or you can directly go for an MBA with a valid graduate degree.
As a master's course, the first eligibility criteria for MBA is a valid graduate degree from a recognized university. As MBA allows graduates from all fields to apply for an MBA degree, there are no barriers in that department. You have to, however, have at least 50% aggregate marks in your graduation as a general category student. As a student of reserved categories such as SC, ST, or OBC, you need to have a minimum 45% aggregate score in your graduation.
The course duration of MBA is two years that is broken up into four semesters. This is for a full-time MBA course. The course duration may be different for other types of MBA courses. You can also opt for a 5 year integrated MBA course that allows you to complete your graduation and postgraduate degree under the same program.