The MBA admission process for 2024 at top colleges is determined by entrance exams. MBA admission to IIMs, IITs, and other esteemed universities requires passing an entrance exam at the national, state, or university level (CAT, XAT, NMAT, etc.).

MBA Admission

Master Of Business Administration (MBA) Course Details

MBA is one of the most popular PG courses in India and abroad. The main objective of this course is to train and develop skills to deal with the several aspects of business administration and organizational process for effective management in the entrepreneur world. MBA is a popular postgraduate degree course and admission to MBA courses are provided through entrance examination followed by group discussion and personal interview of the candidate.

MBA Course- Overview

MBA full form Master of Business Administration
Course duration 2 years
Level of degree Post graduate
MBA popular entrance exams CAT, MAT, XAT, GMAT, CMAT, NMAT, and others.
Minimum qualification requirement Bachelor ‘s Degree with 50% marks
Average fee structure Range between 3 lakhs to 22 lakhs or above depending on knowledge and experience.
Expected salary package 6-7 lacs per annum
Exam type Semester wise
Major Recruiters Accenture, Deloitte, Flipkart, Microsoft, Infosys Limited, EY, HDFC Bank, Amazon.com Inc, Wipro Technologies Ltd
Top MBA Colleges/Institution IIMs across India, IIFT Delhi, IIT DMS Delhi, NMIMS Mumbai and others.

What Is MBA Course?

MBA stands for Master of Business Administration. It is a management and marketing-centric post graduate degree course. This course covers topics like management principles, marketing fundamentals, supply chain management, operation management, and so on. It is the best course for the students who are interested in marketing and management fields. MBA is a lucrative degree that leads to high paying jobs in top companies.

Each year, over two lakhs’ students appear for admission in MBA courses. Top B-Schools and Indian Institute of Management (IIMs) offer MBA admission through common entrance examinations such as CAT, MAT, XAT, GMAT, and others. Besides others, CAT scores are widely considered for MBA admission in India and GMAT for MBA abroad.

Nowadays, students can pursue full time MBA (Regular-Basis) part-time MBA, online MBA course distance learning, executive and integrated courses as per their convenience. On completing MBA from top B- schools, direct placement opportunities are provided to the graduates. Obtaining an MBA degree can surely prepare a person to work at managerial levels and unlock the doors to many professional opportunities. MBA tuition in India typically ranges between INR 10 lakh and INR 25 lakh, depending on the college. Furthermore, depending on the specialization and industry, MBA freshers can expect to earn between INR 2-4 lakhs.

What are the Popular Specializations of MBA?

MBA is a flexible degree course of 2 years duration. Nowadays, MBA is available in more than 50 specializations across various industries. The candidates can choose the best course as per their interest and future career goals. There is a long list of MBA specializations, therefore we have mentioned the top MBA specializations below.

    • MBA In Event Management

    • MBA marketing

    • MBA Business Analytics

    • MBA Digital Marketing

    • MBA Agribusiness

    • MBA Airline Management

    • MBA Banking and Finance

    • MBA Data Science

    • MBA Fashion Design

    • MBA Financial Management

    • MBA Hospitality

    • MBA Tourism

    • MBA Marketing Management

    • MBA Computer Science

    • MBA Project Management

    • MBA Human Resource

    • MBA Finance among others.

Why Choose MBA?

MBA isn’t simply an academic course; it improves and rebuilds your entire personality, from enhancing your interpersonal skills to developing untapped qualities. You will also strengthen your presentation skills, learn how to face real-world business difficulties, and develop a problem-solving strategy. Here we have mentioned a few reasons why one should choose an MBA course.

Improve Communication Skills– In the management and marketing industry, communication skill is as important as operational or managerial hard skills. You need to be a great communicator in order to succeed in your career.  An MBA degree help the students to improve their verbal and written skills and allows them to express their concepts at all levels of the business. It will also enable you to work towards a common objective.

Introduction to the Global Market– When pursuing an MBA degree, you will meet students across the globe, each with their own professional background and viewpoint on the global economy. MBA students can extend their knowledge of a range of sectors around the world in addition to academic training.

Numerous Job Opportunities– As we already mentioned, pursuing MBA degree from a top institution will provide the students with ample job opportunities after completing the degree. Several businesses, companies and employers frequently seek persons with an MBA degree to promote their business because of their marketing and finance skills that other employees at the firm may lack.

Boost Network– Doing an MBA program connects you to a large network of alumni, enabling you to meet prominent and brilliant folks you would not have met elsewhere. You will also be able to create your network with individuals in the classroom and even beyond.

Top Institutes for MBA Admission in India

Pursuing an MBA degree is not a dream because various private and public business schools and institutions offer high quality MBA courses across specializations. In India, more than 5000 colleges and institutes are offering MBA degrees. Here we have mentioned top private and public institutions in India.

1. Indian Institute of Management Ahmedabad

2. Indian Institute of Management Bangalore

3. Indian Institute of Management Calcutta

4. Indian Institute of Management Delhi

5. Indian Institute of Management Lucknow

6. Indian Institute of Management Kozhikode

7. Indian Institute of Management Indore

8. Indian Institute of Management Madras

9. Indian Institute of Management Bombay

10.  Indian Institute of Management Kharagpur

11.  International Management Institute

12.  Xavier Institute of Management

13.  Kalinga Institute of Industrial Technology

14.  Xavier Labour Relations Institute

15.  S P Jain Institute of Management and Research

16.  Great Lakes Institute of Management

MBA Fees Structure

Fees structure of MBA courses in India vary from private to public institutes. Although, public institutes are quite affordable than the private colleges. However, MBA applicants should budget between INR 20,000 to INR 40 Lakh every year. Cost of an MBA also depends on multiple factors like type of course, institute type, specialization, etc.

MBA Course Syllabus

 Traditionally, MBA is a two years duration course which covers many subjects with the aim to provide the students with vital knowledge and skills of the business world and management segment. However, the main focus of the MBA course is on finance, management, human resources, and marketing strategies. The MBA course syllabus is the same for all MBA specializations for the first two semesters. In addition, the third and fourth semesters include subjects related to the candidate’s chosen specialization.

Sr. No Semester Subjects Covered
1 First Semester Business CommunicationFinancial AccountingHuman Resource ManagementInformation Technology ManagementManagerial EconomicsMarketing ManagementOrganizational BehaviourQuantitative Methods
2 Second Semester Economic Environment of BusinessFinancial ManagementManagement AccountingManagement of Information SystemManagement ScienceMarketing ResearchOrganization Effectiveness & ChangeProduction & Operations Management
3 Third Semester Business Ethics & Corporate Social ResponsibilityLegal Environment of BusinessStrategic AnalysisElective Course
4 Fourth Semester International Business EnvironmentProject StudyStrategic ManagementElective Course

Eligibility Criteria for MBA Admission

MBA admission in the top public and private colleges of India are provided on the basis of scores obtained in common entrance exams conducted at national, state or university levels. However, other colleges provide admission on the basis of academic performance and marks. So, in short, the eligibility criteria of MBA differ from institute to institute. Here, we have mentioned a few common requirements for MBA admission.

Candidates of the general category must hold a bachelor’s degree in any discipline with a minimum of 50% marks or equivalent CGPA from a UGC-recognized board or similar recognition from the Ministry of Human Resource Development.

Candidates belonging to the SC/ST/PwD group must achieve at least of 45% marks to qualify for any MBA entrance test or direct admission.

Final-year undergraduate students may also apply for entrance examinations or admission. The application will be canceled if the candidate does not meet the minimal aggregate score.

Applicants must have valid CAT, MAT, XAT, SNAP, NMAT, CMAT, and other MBA entrance test scores.

Applicants who choose the reserved category must produce valid documentation while submitting the examination form.

Working professionals can also apply for MBA admission.

MBA Admission Process

In order to get admission to the MBA course, one must go through several admission or selection rounds. Moreover, the candidates must meet the eligibility criteria of the particular college or institution. Here we have mentioned the steps of MBA admission through entrance examination.

Register for Examination

Before choosing the college, the candidates have to apply for the entrance exam. To take the entrance examinations, candidates must meet the minimal qualifying conditions for that entrance exam. Well, most MBA entrance exams accept students with a minimum of 50% in their bachelor’s degree.

Appear in Entrance Examination

In India, CAT is the most popular toughest entrance exam. The candidates who passed the CAT with valid scores get the admission in the prominent colleges or India Institute of Management. So, the candidates seeking admission in the best MBA college should appear in CAT exam. Scores of other entrance tests like MAT, XAT, CMAT are also accepted by many management institutes.

Qualify the Exam

Now the next step is qualifying the test, and waiting for results. All entrance tests use different methods for calculating marks. Some look at the number of points earned, while others look at the percentile. Qualifying for the entrance exam does not guarantee admission to your preferred college. You must meet the minimum cutoff and selection standards set by each college.

Participate in Counselling Round

The candidates who meet the minimum cut off should apply for counselling. All the qualified students need to register for counselling rounds and fulfill the requirements of college. The Centralized Admission Process (CAP) is organized to select candidates for final admission. But remember that the scores achieved in the common entrance exam are only valid for one year.

Shortlist the Candidates for Next Rounds

Based on scores, shortlisted candidates and invited to group discussions, written ability tests, or personal interview rounds based. Colleges that accept direct admission to MBA programs on the basis of marks also do personal interview rounds.

Release Merit List or Waiting List

The final list of selected candidates will be announced after analyzing the candidate’s entrance exam scores, group discussion and personal interview performance, academic performance, and work experience (if any). Applicants who have been assigned a seat in the MBA college must report to the college before deadlines and pay the tuition fees.

Placement Opportunities

One of the key reasons students choose to pursue an MBA is to land a profitable job at the end of their MBA program. A reputable MBA college’s legitimacy is determined by a variety of criteria, among the most essential of which is the placement opportunities available. The ROI or Return on Investment is a critical parameter that MBA hopefuls must take into consideration when choosing an MBA college. ROI is simply the ratio of the average MBA fees to the average placement package offered by a business school.

There are a number of B-Schools in India offering low-cost MBA with high Return on Investment. There are many companies like Infosys, Wipro, who choose the candidates directly from college/institutions. So, we can say that an MBA degree offers extraordinary growth.

Top Recruiters

There are many top companies where MBA graduates can apply for jobs, and sometimes these companies visit the colleges for hiring.

    • Capgemini

    • Infosys

    • Accenture

    • HCL Technologies

    • NDSC

    • BG India

    • SGC India Private Limited

    • Telford International

    • Bechtel India Private Limited

    • IBM BTO Business Consulting Services

    • L&T Infotech

    • Tech Mahindra

    • Honeywell

Career Options for MBA

As India ventures towards development and growth, it offers a variety of jobs in numerous industries such as infrastructure, agricultural, industrial, and other government initiatives There are excellent opportunities for MBA graduates in various fields.

An MBA course can help you shape your career, whether you want to work in the private, public, or government sectors or become an entrepreneur.

Salary of MBA Graduate

There is huge scope and growth opportunities as an MBA graduate. However, the salary of an MBA graduate depends on various factors such as company policy, the capabilities of the candidates, and knowledge and expertise of the aspirants, among others. The average salary package of MBA graduates range between 3-20 lakhs and above. Pursuing an MBA degree is rewarding, but continuous learning is also essential to boost your growth.