Eligibility for MBA

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 students want to understand and work their way through the corporate world, an MBA is the 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 the eligibility for the MBA program and some other aspects as well.

Details of an MBA Course

A Master 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, its 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 an 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

MBA Eligibility in Canada

• Candidates who want to study for an MBA in Canada must have finished their 10+2 and bachelor’s degrees with at least 50% marks from a recognised university.
• To demonstrate fluency in the English language, one must also take an English Language Proficiency Test.
• Admission to top MBA institutions in Canada may also require passing the GMAT entrance exam with a score of 550 – 600 and 2-3 years of work experience.
• The average MBA tuition in Canada ranges from INR 11,00,000 to INR 59,00,000, depending on the college.

MBA Eligibility in USA

• Aspirants must have a bachelor’s degree in the same discipline with at least 78% marks from a recognised university.
• Candidates must pass tests such as the GRE or GMAT.
• The average fee for pursuing an MBA in the United States ranges from INR 80,00,000 to INR 1,20,00,000, depending on the school.
• Candidates must have at least 3-7 years of work experience and pass the IELTS or TOEFL (90-110) English language test.

MBA Eligibility in Germany

• Candidates for MBA programmes in Germany must hold a bachelor’s degree from a recognised university.
• Admission to top MBA programmes in Germany requires passing the GMAT exam with a score of 550 or higher, as well as 2 to 3 years of work experience.
• Aspirants must also take English language proficiency tests, such as IELTS (6.5 – 8) or TOEFL (90 – 100). PTE scores are also accepted by several colleges/universities.
• MBA tuition in Germany ranges from INR 13,00,000 to INR 33,00,000, depending on the institute.

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. 

Eligibility of MBA in IIMs

• Candidates must have completed their 10+2 in any subject with a minimum aggregate of 60% from a recognised Board.
• Graduation from a recognised university with at least a 50% average is required. For candidates from the ST/SC categories, the minimum score will be relaxed by 5%.
• For international students, aspirants must pass tests such as the Common Admission Test (CAT) and the Graduate Management Admission Test (GMAT).
• Shortlisted candidates may also be invited to participate in Group Discussions or Personal Interviews.
• The average fee for an MBA course at IIM ranges from INR 8,00,000 to INR 25,00,000.

Eligibility of MBA in IGNOU

• Candidates seeking admission to IGNOU MBA programmes must have completed their 10+2 with a minimum of 50% from a recognised Board.
• applicants from the general category must have a bachelor’s degree in any area with at least 50%, while applicants from the reserved categories must have 45%.
• Candidates must pass the OPENMAT Eligibility Test, which is administered at the national level, with a score of at least 65.
• The average annual fee for obtaining an MBA at IGNOU is roughly INR 18,900.

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 an MBA program:

• GMAT
• CAT
• MAT
• CMAT
• ATMA
• XAT
• IIFT
• NMAT
• SNAP
• ISBAT
• MAHCET
• TISSNET

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 of 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 help 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

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.