A Master’s degree is an important step towards perfecting one’s desired subject. An MBA, i.e. Masters in Business Administration is the preferred choice for most students across the country. If the students want to understand and work their way through the corporate world, an MBA is a right choice for them. No doubt an MBA increases one’s income and position in a company and is a huge help in case of a potential career change. Hence, understanding the eligibility for MBA is a necessity. Therefore, in this blog, we will discuss in-depth about the eligibility for MBA program and some other aspects as well.
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Details of an MBA Course
A Masters in Business Administration degree is a course where the duration may vary from 1 to 2 years, although part-time MBA programs can take up to 3 years. This is due to the fact that the candidates opting for this program are people who are working while trying to finish their studies. The cost of the program can vary depending on the type of course, it’s duration, the country the student wants to study in and the kind of scholarship the student manages, amongst others. These factors also influence a candidate’s eligibility for MBA, and therefore these terms need to be understood properly before choosing the right college for you. The different forms of MBA programs that are offered to students fulfilling the eligibility for MBA are:
- Full-time MBA
- Part-time MBA
- Executive MBA
- Online MBA
- Distance MBA
- Correspondence MBA
Eligibility for MBA
While enrolling in an MBA college is the right thing, it is not as easy as it sounds. There is specific eligibility for an MBA that a student needs to fulfil to qualify as a member of the programs offered by the institutes. For admission to the MBA program, the prospective applicant must meet one of the following eligibility requirements:
Eligibility for MBA Abroad
The following are typical MBA admission criteria in American business schools:
- A graduate degree from a recognised university in any discipline, following the 10+2+3 or 10+2+4 standard, with a minimum of 50% in aggregate.
- Candidates in their final year of graduation are also qualified to apply for MBA if they can provide evidence of completing their bachelor’s degree within the institute’s prescribed time frame.
- Depending on the course/program requirements, a minimum of two to three years of work experience is required.
- Updated resume and curriculum vitae or CV.
- A Statement of Purpose
- Two recommendation letters (LORs)
- MBA Essays
- Work experience of at least 2-3 years
- Past academic transcripts
- IELTS, TOEFL, PTE, and other English proficiency tests may be used as evidence.
- GMAT or GRE scores are examples of entrance exams
- Personal Interviews and Group Discussions
Eligibility for MBA in India
For pursuing an MBA in India, at least a 3-year bachelor’s degree with at least 50% marks or equivalent (45% for SC/ST or persons with disabilities (PWD) category, of any of the Universities) or possess an equivalent qualification recognised by the Ministry of HRD, Government of India is required for admission. After completing higher secondary schooling, the applicant must pursue a Bachelor’s degree or equivalent certification that entails a minimum of three years of study. If the applicants are given grades/CGPA instead of points, the equivalence will be determined by the equivalence approved by the university/institution where they received their bachelor’s degree. Apart from that, entrance exams like CAT, XAT, NMAT, IIFT, MAT, GMAT, SNAP etc. are also required for the admission process along with GDPI procedures.
Top MBA Entrance Exams
The following is a list of the top MBA exam scores that are eligible for admission to various B-schools and are also used as a criterion of eligibility for MBA program:
Must Read: CAT vs GMAT- The Unbiased Answer
MBA Skillset
Since a manager is supposed to lead a team of professionals, strong communication and leadership abilities are the most essential attributes for a successful manager. Take a look at some of the skills needed for an MBA/PGDM program, which are mentioned below:
- Goal-oriented
- Ability to work under pressure
- Research-oriented
- Good communication skills
- Leadership qualities
- Analytical thinking
- Eye for detail
- Management skills
- Strong mathematical skills
- Problem-solving Skills
- Business acumen
Career Choices after MBA
There are many career options to choose from after an MBA. The skills and degrees of the student helps them choose from the options available. Some of the career options are:
- Brand Manager
- Account Manager
- Managing Consultant
- Marketing Manager
- Recruiting Manager
- Project Managers
- HR Manager
- Finance Advisor
- Sales Manager
- Business Analyst
- Investment Banker
- Business Development Manager
- Business Consultant
- Chief Technology Officer
- Chief Finance Officer
- Chief Executive Officer
- Operations Manager
FAQs
Graduation (UG) is a requirement for MBA admission. However, several colleges set minimum graduation marks (50 percent for general candidates and 45 percent for SC/ST candidates).
MBA is a Master’s degree program, and to enroll in it, an applicant must have completed at least a bachelor’s degree program. Candidates who have completed their graduation after 10 + 2 in either stream/field with a minimum of 50% in graduation are entitled to pursue an MBA. Since passing the 12th-grade test, you would not be able to apply for admission.
Yes, grades in 10th and 12th grade are critical in getting into good MBA schools. And, since points are awarded for class 10th and 12th grades, a score of 90% or higher increases the chances of getting into good colleges. 90 per cent or higher marks in class 10 will be given a maximum weightage of ten points.
MBAs are difficult to complete, but not impossible. Many prospective students wonder if an MBA is too complicated for them. “Most certainly not,” is the simple answer. However, as you’ll likely find during your MBA, your mindset accounts for more than half of your professional success.
XAT is the second most common and considered to be the toughest MBA entrance exam in India. It is also referred to as the “gateway” to the Xavier’s league. Aside from these, approximately 150 B-schools consider the XAT exam score when selecting students for MBA/PGDM programs.
A master’s degree may seem like a daunting task, but the chances of success increase with the amount of effort. Call Leverage Edu today at +91-8826200293, to make your efforts in the right direction with guaranteed results. From fulfilling the eligibility for MBA to settling into the right MBA college, we cover every and any trouble you may have with the help of our experts.