Every year many new higher education aspirants hit the internet to find answers regarding the ever-popular 3-letter acronym (M.B.A.). MBA is an internationally accepted post-graduate level degree that

• provides practical opportunities to test what students learn in the class
• imparts a strong theoretical foundation in business concepts
• opens up global opportunities for career growth
• After complete their study allows students to start an independent business

The objective is to bring all these aspects together for the benefit of the organization and customer service as a whole.

Why pursue Master of Business Administration?

In any business, there are key functional departments such as operations, human resource, finance, marketing, and logistics among others. Candidates can develop overall understanding of the operations of these departments by choosing these type of courses and he/she is aware of the mechanics on which an organization runs. This course includes all business operations and related field that have direct or indirect implications for growth and profit of the business.

MBA Course Details

The course syllabus covers the core subjects in the initial period like Human Resource Management, Organisational Behaviour, Corporate finance, Strategy/Frameworks, Accounting, Economics, Leadership, Marketing, Information Technology. You’ll have the option of specializing in any area that you want, once the basic foundation has been laid.

Full Name: Master of Business Administration

Types of MBA courses

The most common types of MBA courses are

• Full-time MBA
• Part-time MBA
• Distance MBA Courses
• Correspondence Course
• Executive MBA
• Online MBA courses

Duration

For full-time MBA programs average duration can range between 1 to 2 years. Since students are working and studying at the same time so the duration of part-time programs can extend up to 3 years. 

Eligibility

Candidates are eligible for MBA program who have a bachelor’s degree with minimum 50% aggregate in any discipline. As many institutes prefer students with corporate experience before entering the managerial level, so it is advised that candidates should have work experience of a minimum of 24 months.

MBA Admission Process

In the month of July/August, every year MBA admission opens in top MBA colleges in India and closes after 2-3 months from the opening date. Some colleges like XLRI, NMIMS, SIBM, IIFT, IIMs among others open their admission process in July-August while other colleges like SPJIMR, IMI, IMT, FMS, MDI begin their admission process in September-October.

MBA Admission: Four Step Process

In all the top MBA colleges MBA Admission process is a four-step process.  You should also be aware of the procedure for MBA Entrance Exams to know the MBA Admission process of different colleges. 

• Step-1: Register & Apply for MBA Entrance Exam
• Step-2: Appear in MBA Entrance Exam
• Step-3: Shortlisting Process
• Step-4: Final Admission Process- GD-PI-WAT Round

Top Entrance Test for MBA

• NMIMS Management Admission Test (NMAT)
• Xavier Aptitude Test (XAT)
• IBS Aptitude Test (IBSAT)
• Indian Institute of Foreign Trade Exam (IIFT)
• AIMA Management Aptitude Test (MAT)
• Common Management Admission Test (CMAT)
• Common Admission Test (CAT)
• Common Management Admission Test (CMAT)

Career Scope in MBA

Across various verticals of the industry, there are various career options for Business Administration graduates. The need for Business Administrator is evergreen in every sector and organizations are keen on hiring these professionals. The scope of MBA course is increasing day by day as MBA is the most one which has been sought by the students and is one of the big job oriented professional programme. 

You have a great job opportunity in the industrial world once you have completed your degree. An MBA professional used to keep in touch with the board of directors because he always plays a vital role in his/her company.

Job Profiles

• Business Development Manager
• Business Administrator
• Finance Manager
• Accounting Head
• Management Consultant

Top Recruiters for Business Administration

• Nestle
• Reckitt Benckiser 
• Deloitte
• Boston Consulting Group 
• SBI
• Aditya Birla Group
• Tata Administrative Services
• Tech Mahindra
• Reliance Industries
• Capgemini