Master of Business Administration

Overview

The Master of Business Administration, or MBA, is one of the most popular postgraduate degrees in the world. India is an excellent place to study because of several well-known MBA colleges.
The MBA curriculum will benefit professionals who wish to advance their business knowledge beyond a bachelor's degree, mid-career professionals wanting to change roles, industries, or locations, or those with dreams of becoming entrepreneurs.
Top management institutions excel in facilities, excellent teachers, high-quality curriculum, etc. Qualifying into one of India's top ten MBA programs is the goal of every management student. Through study facilities, exchange programs, exceptional placements, and other features that set the best MBA colleges apart from other academic establishments, students can connect with people around the world. Students will gain expertise, real-world experience, and access to a significant alumni network via courses and internships.
The best IIMs are always at the top of lists of the finest MBA programs with their top-notch faculty, fiercely competitive atmosphere, and excellent education that equips students with all the managerial skills they need for a successful career. Details of the MBA programs are given below:

What is an MBA?

The Master of Business Administration program was first introduced by Harvard Business School in 1908, and here is where the idea for the course originated.
Originally intended to be a generalist degree, it gave business professionals the tools they needed to manage businesses in a variety of sectors. But a lot has changed since the turn of the 20th century. The program is now offered by B institutions around the globe.

The standard MBA curriculum consists of the following core courses:

  • Finance and accounting
  • Marketing
  • Leadership and organizational behavior
  • Strategy
  • Business ethics

Students can also supplement these MBA courses with elective modules on topics like entrepreneurship, Fin-Tech, big data, and more.
In the new business environment post-COVID-19, an MBA is a fantastic method to acquire the business abilities students need to succeed in the future.

Eligibility Criteria for MBA in India

  • The fact that students from any academic background—engineering, medicine, business, law, or the arts—can pursue an MBA and take advantage of the program's theoretical, practical, and peer learning features contributes to the appeal of the degree.
  • Most B schools worldwide require a minimum of two to three years of work experience before applying to an MBA program, even though most MBA programs do not specify a required bachelor's degree.
  • Nevertheless, in India, the requirements for eligibility are slightly different. To clarify this, reviewing the various MBA degree options offered in India is important.

Types of MBA in India

In India, business schools provide various certifications upon completion of the MBA program, there are five categories of MBA programs but three are the main types:

  • MBA degrees
  • Post Graduate Diploma in Management (PGDM)
  • Post Graduate Program (PGP) certification

Which entrance exam is required in India?

Students need to qualify GRE or GMAT test to get admission for MBA in India.

  • The Graduate Management Admission Test, or GMAT
  • The Graduate Record Examination (GRE)

In India, different MBA colleges accept different test scores. To get admission to an MBA in India the students must qualify for these entrance exams.  There are several test types of MBA entrance exams which are required. Different MBA colleges in India accept different scores.
Top MBA Colleges in India
If a student wants to become a manager or enter Business management confidently, then an MBA degree would be a boon for the candidates and an initial stage to achieve their aim. Master of Business Administration, MBA is a postgraduate degree in business administration offered by business schools in every corner of the globe. Students who pursue an MBA degree from the right college can open plenty of opportunities in this competitive business world.

  • IIM Ahmedabad, India.
  • IIM Calcutta, India.
  • IMT Ghaziabad, India.
  • Indira Gandhi National Open University, India.
  • Annamalai University, India.
  • Sikkim Manipal University, India.
  • Adamas University, India.

Enrolling on an MBA course is necessary to qualify for various entrance exams. In India, popular exams are CAT, CMAT, MAT, XAT, SNAP, NMAT, IIFT, MAH CET, IBSAT, etc. The Common Admission Test (CAT) is the primary source for getting into IIMs and other top B-schools like Ahmedabad, IIM Bangalore, etc.

In conclusion

An MBA program has a promising future and is expected to evolve to meet the business world and students' needs. It will continue to offer a fast-track option for career advancement, focusing on specialized knowledge, experiential learning, and global perspectives. MBA courses open the doors of job opportunities to students, and 100% placements are assured. MBA is a highly practical and industry-oriented program and students also get global exposure for their future growth.