One of the most popular postgraduate degrees is the Master in Business Administration, which is proven to be a beneficial course for numerous students. The courses last for two years and open up a variety of job opportunities for you in the corporate world. The fact that students from different streams like humanities, commerce, and science can take up these courses after graduation is what makes it so popular among students. Continue reading to know more about MBA Courses.
This Blog Includes:
The MBA courses are divided into four-six semesters through the duration of the courses. However, many institutes that are private also offer a 1 year PGDM programs that are similar to the MBA courses. One can pursue the courses through different modes that include, online, distance learning, and good old-fashioned regular classroom courses. Here’s a quick overview of MBA program.
|MBA Full Form||Master of Business Administration|
|MBA Course level||Post Graduation Degree Course|
|Types of MBA||Full-Time MBA
|Duration of MBA||Full-time MBA- 2 years
PGDM- 2 years
Online MBA- 1-4 years
Distance MBA- 2-5 years
Integrated MBA- 5 years
|MBA Admission Process||Entrance exam followed by group discussion and personal interview.l|
|Top MBA Entrance Exams||CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT.|
|Eligibility||Minimum 50% in undergraduate.|
|Average Fees||INR 5.00 Lakh – INR 20.00 Lakh|
|Popular Specializations||MBA Finance, MBA HR, MBA Marketing, MBA Operations, etc|
|Popular Scholarships for MBA||IDFC First Bank MBA Scholarship
Aditya Birla Scholarship
Yes Bank Scholarship
|Popular Study Abroad Destinations for MBA||USA, UK, Canada, Australia|
Executive MBA is one of the courses that are structured for those possessing professional work experience. MBA courses are extremely beneficial not just for professional growth, but also for personal development. There are numerous ways one can pursue an MBA. There are different specializations present that will help you plan out a bright future for yourself. The specialization helps in learning about a specific job profile and the responsibilities that come along with it.
Also Read: Best Executive MBA Around the World
Popular MBA Courses Specializations
Choosing the right specialization is a crucial decision because your career profile depends on the kind of MBA course specialization that you opt for. The recruiters also choose candidates based on their specialization skills along with general managerial skills. For different job profiles, like Information technology, consulting, chain management, etc., the recruiters prefer candidates with more expertise and knowledge about the specifications of the job. The candidates are put through detailed scrutiny before they are hired for these kinds of profiles. Therefore the choice of specialization can be an arduous process considering you need to evaluate your personal skill set and try to comprehend the market scenario before making your choice. It is best advised to keep in consideration your career goals and your future development on the professional front, before making a decision.
Some of the different MBA course specializations are:
- Human Resources
- Information Systems
- Operations Management
- Rural management
Also Read: MBA in Quality Management
Popular Universities for MBA Courses in India
- IIM Ahmedabad
- IIM Lucknow
- IIM Indore
- IIM Calcutta
- IIT Delhi
- IIT Madras
MBA Courses Eligibility
A degree as prestigious and essential as MBA has its own eligibility criteria that need to be fulfilled for admission to the different MBA courses. Some of the eligibility criteria for MBA courses are:
- Candidates must have completed their 10th and 12th standards getting a minimum of 50% aggregate.
- Candidates must have also completed their graduation in any course of their choice, whether a 3-year course or a 4-year course. This bachelor’s degree should be completed at a recognized university.
- Candidates are required to clear entrance exams like CAT, MAT, and XAT to name a few.
These were the general eligibility criteria for admission to MBA courses. However, specific eligibility criteria depend on the individual colleges offering the degree. When compared to studying for an MBA in India, the eligibility requirements are slightly different.
The following list includes the standard qualifications for studying abroad. Every nation has its own unique set of laws and norms.
- To pursue a Master of Business Administration abroad, students must pass entrance exams like the GMAT.
- A letter of recommendation and work experience will be very helpful in securing admission. Students who are applying for an MBA abroad must have three to five years of work experience.
- Students must have graduated from an accredited college or university with a degree in management or a related subject.
- Students are required to appear for English proficiency tests like IELTS, TOEFL, and PTE as well.
Popular Universities to Study MBA Courses Abroad.
There are numerous colleges around the world that offer MBA courses to students, some of these are:
|Name of the College/University||Country||World Ranking 2023|
|Harvard Graduate School of Business||USA||4|
|Stanford Business School||USA||6|
|London Business School||UK||554|
|The Wharton School at the University of Pennsylvania||USA||13|
|MIT Sloan School of Management||USA||1|
|University of Chicago Booth School of Business||USA||10|
|Columbia Business School||USA||5|
|IE Business School||Spain||347|
Some of the most common entrance exams for an MBA in India are CAT, MAT,W and XAT to name a few.
Executive MBA is an advanced business degree program. Professionals with 10 to 15 years of work experience who wish to continue working full-time while attending school could benefit from this program.
USA, UK, Canada, Australia, Singapore, Spain, and France to name a few.
There are a lot of doubts that might arise during the admission process and we understand that this can make the process daunting. Right from analyzing your profile to helping you connect with a mentor to finalizing your stay for your academic duration, Leverage Edu believes in helping you through the entire process, so that nothing comes between you and your dreams.