Management

What is an MBA Course?

MBA full form is Master of Business Administration. The MBA course is a 2-year postgraduate course that covers the fundamentals and advanced topics related to the management discipline. Some of the top MBA specializations include Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, and so on.
Admission to MBA courses is done through various entrance exams such as CAT, MAT, XAT, NMAT, or CMAT followed by WAT, GD, and PI rounds. Many colleges also offer direct MBA admission on the basis of marks obtained upon graduation. MBA aspirants can seek admission to regular, distance, or executive courses according to their convenience.
MBA subjects or the course material in an MBA program revolve around the concepts and topics that are vital to understanding business management or management in general. Some of the top MBA colleges in India include IIM Bangalore, IIM Calcutta, IIM Ahmedabad, IIM Lucknow, and MDI Gurgaon. The MBA fees in India generally range between INR 10 lakh and INR 25 lakh depending on the MBA college or B-school chosen by a student.
An MBA degree can enhance an individual's skills and abilities and make them competent enough to work at managerial levels, thereby opening doors to countless career opportunities. From Marketing to Tourism and Healthcare, every economic sector in this day and age has the need for managers and offers a wide range of MBA jobs like Finance Manager, Marketing Manager, Media Planner, Product Manager, Sales Manager, and many more.
MBA salary for freshers can range between INR 2-4 lakhs per annum, depending on the specialization they have pursued and the industry where they are looking for employment. A professional with an experience of 4-5 years, can easily get an MBA salary between INR 7-15 lakhs per annum. Senior or Executive level MBA jobs offer a salary package between INR 20-30 lakhs per annum. Read further for more information on MBA course details below.

Why Choose MBA Course?

MBA is an internationally acclaimed degree preferred by individuals who wish to gain knowledge of business practices. Every business requires well-qualified managers to deal with responsibilities related to business management and administration. One can acquire essential skills to lead a team and make deals that boost a company's success. Here are a few top reasons to choose MBA courses:

Developing Managerial Skills

MBA courses develop business acumen and managerial skills in an individual. It prepares a candidate to perform various managerial duties in an organization as per his specialization. Moreover, an MBA degree instills communication, analytical, logical, comprehension, and various other crucial skills.

Better Career Opportunities

With a postgraduate degree in management from a well-recognized institute, one can find high-paying in some of the biggest organizations not just in India but abroad as well. Many working professionals pursue an MBA course to boost their careers and grab better career opportunities.

Developing Leadership Skill

With an MBA degree, one can acquire leadership roles in top companies across the world. It prepares a candidate to lead a team, convey his ideas clearly to the team members, make decisions that can impact hundreds of people, and keep the functioning and operations of the business intact.

Entrepreneurial Skill Development

An MBA course makes an individual well-versed in the management and administration of the business and various aspects of it within an organization. This enables him to understand how a business works and what contributes to its success; thus, preparing him for entrepreneurial roles and starting his own company.

Lucrative Salary & Great Benefits

MBA graduates from IIMs and other premier institutes never face a shortage of career opportunities with lucrative salaries and other benefits. Aspirants are offered exceptional salary packages between 20-50 lakhs per annum after graduating from an MBA course from a well-established college or university. Through IIM placements, one can even get a package of 90 lakhs per annum and above.

Global Exposure to Business and Economy

Management is one of the most coveted sectors in the world, and professionals working in this sector are exposed to various kinds of business and economies of various nations. One can learn about the business administration and management techniques of various nations after completing an MBA course successfully.

Who Should Pursue MBA?

As mentioned above, the benefits of pursuing an MBA course are great; however, the decision should be made based on what a candidate is seeking out of it. If you are not sure about whether you should go for an MBA, check out the below points that discuss who should consider this course.

• An MBA course is essential for corporate executives who want to acquire improved communication and team-building abilities, new management strategies to prepare for roles with greater responsibility, and strategic thinking and critical analysis skills. These abilities will enable one to possess the managerial competence that an employer would require.
• An MBA is a requirement for full-time executives who want to grow their professional networks, improve their critical knowledge and skills, advance their careers more rapidly, and make much more money.
• People with outstanding leadership skills should pursue MBA courses.
• Anyone with at least two to three years of professional experience who intends to move up to a managing or administrative position must enroll in an MBA program.

Types of MBA Course

An MBA is a flexible degree that everyone can pursue within their comfort. Traditionally, the MBA course was a two-year regular program. But now, there are multiple options like online and distance programs which are best suited for working professionals. Have a look at the types of MBA courses available.

Type of MBA Course	Duration	Eligibility	Fees (in INR)
Full-Time MBA	2 Years	Graduation in any discipline	2 Lakh to 25 Lakh
Part-time MBA	2-4 Years	Graduation	1 Lakh to 10 Lakh
One Year MBA	12-15 Months	Graduation with 2-5+ years of experience	10 Lakh to 40 Lakh
Executive MBA	1-2 Years	Graduation with 5-10 years of work experience	10 Lakh to 45 Lakh
Online MBA	2 Years	Graduation	40,000 to 2 Lakh
Distance MBA	2-4 Years	Graduation in any discipline	30,000 to 2.5 Lakh
Integrated MBA	5 Years	Minimum aggregate score in 10+2	1 Lakh to 17 Lakh

Now let's have a look at each type of MBA course in detail so that you can figure out which one is the right choice for you.

Full-Time MBA Course

• It is a regular two-year full-time course offered by most B-Schools in India.
• The program is divided into 4 or 6 semesters depending on the MBA specialization and college.
• Candidates can experience the classroom environment for theory classes, internships, and projects from practical knowledge.
• The approximate MBA course fee for any two-year full-time course starts from INR 2 Lakhs and may exceed up to INR 25 Lakh, annually.
• The full-time MBA course fee of the top three IIMs (Ahmedabad, Bangalore, and Calcutta) is around Rs 23 lakh.

Part-Time MBA Course

• The MBA Part-time program is the best program for working professionals as it is not a residential program.
• Anyone who wishes to improve their managerial skills can opt for this program.
• Many private and government colleges offer MBA Part-time courses.
• The annual MBA course fee may range from INR 1 lakh to 10 lahks approximately.
• The MBA syllabus is slightly different from that of the regular course.

One-Year MBA Course

• One-year MBA is a globally recognized MBA program with a duration of 12-15 months
• It is a full-time residential MBA program offered at a fast pace with most of the ingredients of a two-year MBA.
• This course provides students with the same solid foundation in key Management concepts and disciplines as a regular MBA.
• The program is generally meant for candidates with work experience of 2 to 5+ years.
• The top three IIMs, (IIM A, B & C) offer one-year, full-time, residential MBA Equivalent programs to candidates with 5+ work experience.
• The fee of 1 year MBA courses is generally high as compared to two-year MBAs. It can be between Rs 10 to 40 lakhs, depending on the college.

Executive MBA Course

• The Executive MBA course is designed for working professionals with five or more years of work experience.
• The course curriculum of an Executive MBA is similar to that of the full-time MBA program but with a shorter duration.
• The classes are not conducted on a regular basis. The entire program is completed within a 15-19 months duration.
• The Executive MBA syllabus may not be identical to the MBA syllabus for regular courses.
• The annual course fees of an Executive MBA are marginally higher than other MBA courses. The annual course fees of an executive MBA subject may range from INR 10 lakh to 45 lahks.
• Many organizations that seek their employees to pursue Executive MBA subjects bear the tuition fees.

Online MBA Course

• This is the most popular MBA course that most candidates opt for to get a degree from the comfort of their homes.
• The classes are conducted online and the projects must be submitted online.
• The MBA course curriculum is designed specially to ensure that the candidates grasp the core values of the course and also develop the necessary skills.
• Candidates will be given assignments on a regular basis that need to be completed.
• The admissions are also conducted online through an online application form.
• Candidates can take admissions from any city to any desired college around the country.
• Recorded lectures are also available for the candidates.
• The annual course fees for online MBA start from INR 40,000 to INR 2 lakhs, approximately.

Distance MBA Course

• Candidates can also pursue distance or correspondence MBA courses which are quite affordable and flexible in terms of duration.
• Candidates will have the liberty to complete the course between 2 to 5 years.
• Many renowned MBA Colleges in India offer a distance MBA program.
• Both private colleges and Government colleges offer distance MBA courses.
• The distance MBA course fee starts from INR 30,000 to INR 2.5 lakhs, depending on the institute.

Integrated MBA Course

• The integrated MBA course is for students who have just passed Class 12th.
• It is a 5-year program where candidates will pursue the graduation level as well as post-graduation level courses.
• The MBA syllabus for the MBA Integrated course is completely different.
• Students can either opt for BBA/B.Tech/BA/BSc+MBA subject course.
• The annual MBA course fees start from INR 1 to INR 17 lakhs.
• Right after graduation, students can easily get MBA jobs in the private and public sectors.

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MBA Eligibility Criteria

The MBA eligibility criteria are one of the key requirements that aspirants are required to fulfill when seeking MBA admissions. Candidates who fail to meet the eligibility requirements for an MBA course are not eligible for pursuing higher education in management regardless of how well their academic background is or how well they understand the field of management. One of the primary reasons behind meeting the eligibility criteria for an MBA is that a student who meets the eligibility requirements will be able to understand and use the concepts and knowledge provided during an MBA course to manage a business effectively.

On the other hand, if a student who does not meet the eligibility criteria is enrolled in an MBA program, they will not be able to comprehend the advanced subjects and concepts taught during the course curriculum. It is important to note that the basic MBA eligibility criteria are similar across management institutes and B-schools, However, there are certain variations and additional requirements that aspirants may be required to fulfill when applying for a certain MBA program. Thus, candidates must make sure they check the specific eligibility criteria for an MBA course at their preferred MBA college before applying for admission.

Most premier institutes that offer MBA courses or other postgraduate programs in management select candidates based on their performance in various national-level, state-level, or university-level entrance exams. Additionally, there are several other management institutes that offer MBA admission to aspirants based on other factors like academic background, personal interview performance, etc. That being said, candidates will not be considered for admission even if they perform in the MBA selection process if they do not meet the eligibility criteria for MBA admission. The basic MBA eligibility criteria have been mentioned below:

• Academic Qualification: In terms of academic qualifications candidates must have a Bachelor's degree in any stream from a UGC-recognized board or equivalent recognition from MHRD in order to be eligible for MBA courses. The minimum aggregate marks in bachelor’s degree required for General Category students is 50% (in some top B-schools like the IIMs it is 60%). Students belonging to the Reserved (SC/ST/PwD) category need to have a minimum of 45% marks to qualify for any MBA entrance exam.
• Final-Year Students: Aspirants who are final-year students of their undergraduate course can also apply for the MBA entrance exams or MBA admission. However, admission to the MBA course is subject to the final exam results of the bachelor’s degree. If the candidate does not score the minimum aggregate, their admission will be revoked.
• Entrance Exam Scores: For management institutes and B-schools that accept entrance exam scores for MBA admission, candidates must have valid scores on MBA entrance exams such as CAT, MAT, XAT, SNAP, NMAT, CMAT, etc. (whichever is applicable) to be selected for MBA course admissions.
• Work Experience: Work experience is an additional requirement that is not mandatory for most MBA colleges. For a general MBA course, it is not mandatory to have work experience. However, candidates must check the selection criteria of their desired college before applying for admission. For Executive MBA courses, it is compulsory to have work experience of 3-10 years in a relevant field. The amount of work experience required varies as per the college.

Top MBA Entrance Exams

MBA entrance exams are the most common pathway to seeking admission to MBA courses. A majority of top-ranked management institutes and B-schools offer MBA admission based on the performance of candidates in MBA entrance exams. Entrance exams are used by reputed institutes to filter out the best candidates from the entire application pool which is typically quite large, especially if the institute in question is a top-tier management school. On the other hand, there are several entrance exams that have a high acceptance rate and are recognized by a sizeable number of B-schools.

Thus, candidates have quite a few options when it comes to MBA entrance exams. However, it must be noted that aspirants will not be granted admission by merely appearing for an entrance exam. Candidates must score and meet the requirements set by an institute in order to be considered for admission. Additionally, a majority of B-schools conduct further rounds of assessment after the entrance exam so that only the best candidates are selected for MBA course admissions. Below we have mentioned some of the top national, state, and university-level entrance exams one needs to qualify for to make a cut into the MBA colleges.

Top National-Level MBA Entrance Exams in India

There are a number of national-level MBA entrance exams conducted in India. Most of the B-Schools in the country accept scores of national-level entrance exams to offer MBA admission. Check out some of the most popular ones listed on the table below.

Exam Short Name	Exam Full Name	Conducting Body	Frequency
CAT	Common Admission Test	Indian Institutes of Management (IIMs)	Once a year
GMAT	Graduate Management Aptitude Test	Graduate Management Admission Council (GMAC)	All around the year
ATMA	AIMS Test for Management Admissions	Association of Indian Management Schools (AIMS)	4-5 times a year
MAT	Management Aptitude Test	All India Management Association (AIMA)	Multiple times a year
CMAT	Common Management Admission Test	National Testing Agency (NTA)	Once a year
XAT	Xavier Aptitude Test	XLRI, Jamshedpur	Once a year
NMAT by GMAC	NMIMS Management Aptitude Test	Graduate Management Admission Council (GMAC)	Once a year (74-day test window)
SNAP	Symbiosis National Aptitude Test	Symbiosis International (Deemed) University (SIU)	Once a year
IIFT	Indian Institute of Foreign Trade Exam	National Testing Agency (NTA)	Once a year
IBSAT	ICFAI Business School Aptitude Test	IFHE, Hyderabad	Once a year

Top State-Level MBA Entrance Exams in India

If you are seeking admission into a particular state, then applying for state-level MBA entrance exams is a good idea. Many of the B-Schools in a particular state accept only scores of state-level entrance tests provided below.

B Tech Course Specializations:

Exam Short Name	Exam Full Name	Conducting Body	Frequency
MAH MBA CET	Maharashtra Common Entrance Test	State Common Entrance Test Cell, Maharashtra	Once a year
TS ICET	Telangana State Integrated Common Entrance Test	Kakatiya University, Warangal	Once a year
AP ICET	Andhra Pradesh Integrated Common Entrance Test	Sri Venkateshwara University, Tirupati	Once a year
TANCET	Tamil Nadu Common Entrance Test	Anna University, Chennai	Once a year
KMAT	Karnataka Management Aptitude Test	Karnataka Post Graduate Private Colleges' Association (KPPGCA)	Once a year
KMAT Kerala	Kerala Management Aptitude Test	Commissioner for Entrance Exams (CEE)	Twice a year
OJEE	Odisha Joint Entrance Examination	OJEE Board (OJEEB)	Once a year

Top University-Level MBA Entrance Exams in India

Candidates can apply for university-level MBA entrance exams if they are seeking admission into a specific one. It should be noted that the university-level entrance exam scores will only be accepted by the conducting institute and its constituent colleges. Check out the top names mentioned below.

How to Get Admission to MBA Courses?

MBA course admissions are one of the most complicated procedures that aspirants undergo when planning to pursue higher education, especially in the field of management. The admission process is also not exactly similar across management institutes and there are subtle differences in the MBA admission process for every MBA college or B-school. That being said, it is important for aspirants to know how to get admission to MBA courses so that they can prepare accordingly. The basic admission process for MBA courses consists of certain phases that are similar across a majority of management institutes. Aspirants must complete all these stages and meet every requirement set by the B-school in order to secure MBA course admission. Here are the stages that every candidate must go through to seek admission into an MBA course:

Stage 1: Apply for Entrance Exam

Even before choosing a college and MBA course, candidates will have to appear for any of the entrance exams listed above. Also, they may look at the requirements of the colleges they wish to study in and accordingly prepare for the entrance exams. To appear for the entrance exams, merely, candidates will have to meet the minimum eligibility criteria for each entrance exam. Most MBA Entrance exams allow candidates with 50% aggregate marks in Bachelor’s degree (5% relaxation for reserved categories).

Stage 2: Appear for Entrance Exam

CAT is one of the most popular and toughest entrance exams with over 2 lakh applicants every year. With a valid CAT score, you can get MBA admission in IIMs, and most of the colleges in India offer MBA courses. Most students seeking admission into B-schools start preparing for the CAT exam a year before the exam date to ensure they qualify for it. The score of other entrance exams like MAT, ATMA, CMAT, and XAT are also accepted by many management institutes in the country. You can appear for any entrance exam depending on the college you are targeting.

Stage 3: Qualify for Entrance Exams

Then, the next step is that candidates will have to wait for the results. All entrance exams have different ways of calculating the marks. Some consider the marks scored, and some consider the percentile. So, make sure to check the rules of the exam. Qualifying for the entrance exam doesn’t guarantee admission into the college of your voice. You need to meet the minimum cutoff and selection criteria defined by an individual college.

Stage 4: Participate in Counselling/Selection Process

Candidates meeting the cutoff must then apply for the MBA course admission process to the college/institute. A Centralized Admission Process (CAP) is organized to select candidates for final admission. Students need to register to take part in the counselling and fulfill all the requirements. Anyone who does not meet the cutoff and still applies will not be considered. One must remember that entrance exam scores for most exams are valid for one year only.

Stage 5: Shortlisting of Candidates for GD/PI Rounds

Based on the entrance exam scores, candidates are shortlisted and called for group discussions, written ability tests, or personal interview rounds. MBA colleges offering direct admissions to MBA courses, on a merit basis also conduct personal interview rounds. Candidates must appear for this round of the selection process. Make sure you are well prepared for such rounds as they are conducted to evaluate your overall personality and communication skills. No matter how high your score is in the entrance exam if you can’t speak or interact confidently in GD/PI rounds, you might lose your chances of getting an MBA seat.

Stage 7: Declaration of Final Merit List and Waiting List

After evaluating the candidate on the parameters, entrance exam scores, GD/PI performance, academic performance, and work experience (if any), the final list of selected candidates will be declared. Candidates who have been allocated a seat in the MBA college will be required to do the reporting (offline or online) and pay the admission fees. Simultaneously, the waiting list of candidates will also be declared. If there are any vacant seats or availability, candidates from the waiting list will be admitted to MBA courses.

MBA Course Syllabus

The MBA course syllabus has changed significantly over the years as the needs and requirements of the industry have also changed. One of the most notable features of the MBA course syllabus is that it must keep up with the latest developments in the corporate world, otherwise, candidates will not be able to cope with the dynamic nature of a business and fulfill their responsibilities as a manager. A majority of MBA courses are known to focus more on practical skills rather than theoretical knowledge. Candidates are taught real-life situations and are expected to be competent enough to handle any issues on the spot so that the organization does not face any bottlenecks whatsoever. In an extensive 2-year MBA program, students study core subjects like Marketing, Organizational Behavior, Principles of Management, Entrepreneurship, and Business Law, among others. The MBA course syllabus for the first two semesters is the same for all MBA specializations. The third and fourth semesters contain subjects related to the specialization chosen by the candidate.

MBA Syllabus for Different Specializations

One of the key features of an MBA course is the specialization that aspirants can choose based on their interests. Specializations have been gaining more importance during an MBA course over the years since the demand for managers who are skilled in a particular area of organizational management has increased significantly. The MBA course syllabus for different specializations is also designed keeping in mind the needs of corporate management in this day and age. With the increase in practical subjects, projects, and dissertations in the syllabus for MBA specializations as opposed to theoretical subjects, candidates are expected to master the management of operations in the area they have specialized in during their MBA courses. Here are the top MBA specializations to consider pursuing along with their core syllabus.

MBA Specialization	MBA Syllabus
Finance	Security Analysis & Investment Management Project Planning, Analysis & Management Quantitative Analysis of Financial Decisions Financial Derivatives International Financial Management Fixed Income Securities Portfolio Management Risk Management Management Control System Corporate Governance Management of Financial Services Financial Reporting Corporate Taxation
Marketing	Advertising Management Analytical Marketing Consumer Behaviour Brand Management Competitive Marketing Retailing Management SalesForce Management Internet Marketing Business Marketing Marketing Channel Sales Promotion Management Advanced Research Techniques in Marketing Service Marketing
Organizational Behavior & Human Resource Management	Management of Industrial Relations Counseling Skills for Managers Manpower Development for Technological Change Managing Diversity Human Resource Planning and Development Human Resource Development: Strategies & Systems Performance Management Negotiation, Persuasion & Social Influence Skills Cross-Cultural and Global Management Personal Power & Leadership through Asian Values Managing Interpersonal and Group Processes Compensation Management Training and Development Leadership, Power, and Politics
Production and Operations Management	Advanced Operations Management Decision Models and Optimization Total Quality Management Production Planning and Control Operations Strategy Quantitative Analysis of Risk and Uncertainty Operations Research Supply Chain Management Modelling in Supply Chain Management Technology, Innovation, and New Product Management Environment and Safety Management
Entrepreneurship	Entrepreneurial Management Family Business & Entrepreneurship Social Entrepreneurship Managing the Growing Business Entrepreneurship, Creativity & Innovation Financing the Entrepreneurial Business
IT Management	Business Process Re-Engineering Network Operations, Management & Security Managing E-Business Strategic Management of Information Technology System Analysis and Design Managing IT-Enabled Services Database Management Systems Knowledge Management Business Intelligence
Services Management	Management of NGOs Hospitality Operations Management Transportation Management Service Operations Management Tourism Marketing Airport Management Hospitality Marketing Total Service Quality Management Total Service Quality Management

State-Wise MBA Admissions

Due to the ever-increasing popularity of MBA courses when it comes to higher education, state governments across the country have made it easier for aspirants to pursue MBA courses without having to leave their own state. Although the MBA admission process is largely similar to the admission process followed by most management institutes, there are a few differences that must be kept in mind when it comes to state-level MBA admissions. When a candidate chooses to pursue an MBA course from a college or university that is under the supervision of the state government, they are required to fulfill certain eligibility criteria set by the state government. Here are the details of the state-wise MBA admission process in India:

MBA Admissions in Delhi

The MBA colleges in Delhi accept the entrance exams conducted at the national level such as CAT, MAT, CMAT, etc. However, some colleges in the Delhi NCR area such as Jamia Milia Islamia and the Indian Institute of Foreign Trade (IIFT) conduct their own entrance exams for the admission process. Some colleges also accept GMAT scores for admissions. There are no state-level entrance exams conducted by the state government of Delhi. Candidates will have to appear for the national-level entrance exams based on the colleges they prefer to get admission to.

MBA Admissions in Maharashtra

Popular destinations to pursue an MBA course in Maharashtra are Mumbai and Pune. Mumbai is known as the economic hub of the country. Hence, there is cut-throat competition for MBA admissions in Maharastra. Colleges in Maharashtra accept the national-level entrance exams for admissions. Directorate of Technical Education, Maharastra conducts a state-level entrance known as the MAH MBA CET. 70-80% of colleges in Mumbai accept MAH MBA CET exam scores for admission. Also, some institutes conduct their own entrance exams such as the TISSNET exam, NMAT by GMAC, etc. Candidates must check the requirement of the college before applying for it.

MBA Admissions in Telangana

Candidates are shortlisted for admission to MBA colleges in Telangana through national-level entrance exams or the state-level entrance exam. The state authority conducts, the TS ICET exams annually for admissions to the management courses available at the colleges in Telangana. The state-level entrance exams are usually conducted in August. Qualified candidates have to go through the selection process of the particular college for MBA admission.

MBA Admissions in Andhra Pradesh

One can get MBA admissions in Andhra Pradesh by qualifying for national or state-level entrance tests. CAT is widely accepted as a national entrance exam score in almost every college. Most of the B-Schools in the state accept the score of AP ICET (Andhra Pradesh Integrated Common Entrance Test), a state-level exam conducted by Andhra University on behalf of APSCHE. Candidates who have a valid scorecard for these exams and fulfill the eligibility criteria for admission are called for counseling and further allotted seats on the basis of the final merit list and choices filled.

MBA Admissions in Karnataka

Graduates from all around the country prefer to pursue an MBA degree from Bangalore as it is one of the famous MBA destinations in India. Bangalore has some of the best MBA colleges in India. Colleges in Karnataka accept national-level entrance exam scores or state-level KMAT exam scores as the first stage of the selection process. However, some private colleges also accept direct admissions based on previous education records. Candidates must thoroughly check the official website and brochure of the colleges before applying.

MBA Admissions in West Bengal

MBA colleges in West Bengal take admissions based on national-level entrance exams. Most colleges accept CAT and MAT entrance exam scores. Meanwhile, some other colleges in West Bengal accept state-level entrance exam JEMAT scores. Also, some private colleges in West Bengal directly admit candidates based on their previous performances.

Direct Admission in MBA Without Entrance Exam

Direct admission into MBA without entrance exams is offered by most of the private MBA colleges and deemed universities in India. The direct MBA admission process is very simple and candidates don't have to go through various stages to secure a seat in the desired college. Direct MBA admission without entrance exams is a good option for those who don't want to invest their time in the entrance exam preparation and get admission through a hassle-free process.

If a candidate is not interested in getting admission into IIMs and other top B-Schools in India, direct MBA admission is a positive option. The direct MBA admission option is also beneficial to those who wish to start their own business or venture after getting the degree. Usually, such students pursue an MBA degree just to acquire the necessary skills to start a business and make it a success.

Eligibility Criteria for Direct MBA Admission

The eligibility criteria for direct MBA admission are different from the entrance-based admissions. Take a look at a few requirements:

• Candidates should have a bachelor's degree with at least 65% marks from a recognized board. The requirement for aggregate marks may vary from college to college.
• For management quota seats in private MBA colleges across various states, candidates should have at least 50% marks at the UG level.
• There is generally no get limit to getting direct MBA admission. However, candidates must check the requirements of the college they are applying to.

Direct MBA Admission Process

To take direct admission into MBA without entrance exams, candidates need to go through the following steps.

• Fill out the application form of the desired before available on its official website.
• Getting shortlisted for admission based on academic qualifications.
• Appearing for Group Discussion/ Personal Interview, if conducted by the college.
• Reporting at the designated college and paying the admission fee.

Top MBA Colleges in India

Choosing the right management institute or B-school to pursue a Master of Business Administration course is the most important aspect of seeking MBA admission. MBA courses have become one of the most popular courses for higher education over the last few years and therefore numerous colleges and universities have started offering MBA courses to aspirants. However, due to the abundance of management institutes and B-schools in the country, aspirants can often get confused and end up making a bad choice when it comes to an MBA college. Therefore, it is of utmost importance that aspirants are well aware of the best MBA colleges in India, so they can choose an appropriate institute that will offer them the best standard of education and Return on Investment for the MBA course.

Top Govt. MBA Colleges in India

Name of the College	Location	NIRF Ranking 2024	Approx. Fees (in INR)
Indian Institute of Management Ahmedabad	Ahmedabad, Gujarat	1	25,00,000
Indian Institute of Management Bangalore	Bangalore, Karnataka	2	24,50,000
Indian Institute of Management Kozhikode	Kozhikode, Kerala	3	20,50,000
Indian Institute of Management Calcutta	Kolkata, West Bengal	4	27,00,000
Indian Institute of Technology Delhi	Delhi	5	12,00,000
Indian Institute of Management Mumbai	Mumbai, Maharashtra	6	21,00,000
Indian Institute of Management Lucknow	Lucknow, Uttar Pradesh	7	20,07,000
Indian Institute of Management Indore	Indore, Madhya Pradesh	8	21,14,000
National Institute of Industrial Engineering	Mumbai, Maharashtra	9	12,53,000
Indian Institute of Technology Bombay	Mumbai, Maharashtra	10	8,27,000
Indian Institute of Management Raipur	Raipur, Chattisgarh	11	16,10,960
Indian Institute of Management Rohtak	Rohtak, Haryana	12	8,92,400
Indian Institute of Technology Kharagpur	Kharagpur, West Bengal	13	6, 00, 000
Indian Institute of Technology Madras	Chennai, Tamil Nadu	14	8, 00, 000

Top Private MBA Colleges in India

Private MBA colleges are the most common pathway chosen by aspirants who wish to pursue management education. Private MBA colleges also make up for the majority of management institutes and B-schools in the country. One of the biggest advantages of pursuing an MBA course at a private MBA college is the top-notch facilities, infrastructure, quality of education, and finally, placement drives. Since private MBA colleges have access to better resources, aspirants often receive a better Return on Investment in their MBA education. However, it must be noted that the MBA course fee for private MBA colleges is significantly higher. That being said, a sizeable chunk of the top-ranked MBA colleges in India are private colleges. Here are some of the top-in-line private MBA colleges in India that offer the best ROI, placements, and education to students with both theoretical and practical knowledge. Also, the MBA course fees of the colleges are listed below:

Name of the College	Location	NIRF Ranking 2023	Approx. Fees (in INR)
Xavier Labour Relations Institute (XLRI)	Jamshedpur, Jharkhand	9	11,80,000
Management Development Institute (MDI)	Gurugram, Haryana	13	20,86,670
Symbiosis Institute of Business Management (SIBM)	Pune, Maharashtra	17	20,50,000
S P Jain Institute of Management and Research (SPJIMR)	Mumbai, Maharashtra	20	19,00,000
SVKM's Narsee Monjee Institute of Management Studies (NMIMS)	Mumbai, Maharashtra	21	17,50,000
Amity University	Gautam Budh Nagar, Uttar Pradesh	28	12,56,000
Great Lakes Institute of Management (GLIM)	Chennai, Tamil Nadu	31	17,25,000
Lovely Professional University	Phagwara, Punjab	32	8,73,000
International Management Institute (IMI)	New Delhi	34	17,15,000
T. A. Pai Management Institute (TAPMI)	Manipal, Karnataka	42	14,30,000
Xavier Institute of Management (XIMB)	Bhubaneswar, Odisha	46	12,00,000 - 16,90,000
Kalinga Institute of Industrial Technology (KIIT)	Bhubaneswar, Odisha	59	13,60,000

MBA Fees

The MBA fees is another important factor to be considered when planning on pursuing an MBA course. The MBA course fees is something that varies significantly from one institute to another and there are several factors that influence the MBA fees for a particular management institute or B-school. Candidates must make sure that they check the MBA course fee for an institute even before applying for admission so that they do not face any financial issues down the road. The type of institute, quality of education, infrastructure and facilities offered are some of the most significant factors that influence the MBA fees at a particular B-school. One of the most vital steps that candidates should take when planning to seek MBA admission is to ascertain whether they will be getting a good Return on Investment or ROI for the amount they will be investing as MBA fees. The course fee for an MBA in India differs from private to government or public colleges. However, candidates may expect to spend a minimum of INR 20,000 to INR 40 Lakh annually for MBA. There are multiple factors that affect MBA fees. Although government colleges are quite pocket-friendly, private colleges are expensive. Here is a list of colleges with their MBA fees:

Name of the College	MBA Fees (Approx.)
IIM Ahmedabad Course Fee	INR 32,00,000
IIM Bangalore Course Fee	INR  23,00,000
IIM Calcutta Course Fee	INR 31,00,000
IIM Lucknow Course Fee	INR 20,10,000
IIM Udaipur Course Fee	INR 21,00,000
IIM Ranchi Course Fee	INR 17,60,000
IIT Kharagpur Course Fee	INR 1,64,000
IIT Delhi Course Fee	INR 10,24,000
FMS Delhi Course Fee	INR1,92,000 (for 2 years)
NITIE Mumbai Course Fee	INR 14,60,000
IIFT New Delhi Course Fee	INR 18,78,000
Symbiosis Pune Course Fee	INR 5,60,000
MDI Gurgoan Course Fee	INR 18,86,000
Narsee Monjee Mumbai Course Fee	INR 6,44,000
XLRI Jamshedpur Course Fee	INR 26,80,000
SP Jain Mumbai Course Fee	INR 21,42,000
IIT Roorkee Course Fee	INR 4,28,000
IIT Bombay Course Fee	INR 1,00,000
IIT Madras Course Fee	INR 4,10,000
GLIM Chennai Course Fee	INR 17,10,000

Top Master of Business Administration (MBA) Colleges by State & City

MBA courses in India are offered by more than 5,000 MBA colleges (government and private) in a variety of specializations. Out of these B-schools in India, a few are rated and ranked in the top MBA colleges in India on the basis of pedagogy, infrastructure, placement opportunities, and more. MBA aspirants seeking admission can check out the list of top MBA colleges by state and city provided below.

State-Wise List of MBA Colleges in India

List of MBA Colleges in Andhra Pradesh	List of MBA Colleges in Assam
List of MBA Colleges in Bihar	List of MBA Colleges in Chandigarh
List of MBA Colleges in Chhattisgarh	List of MBA Colleges in Delhi
List of MBA Colleges in Gujarat	List of MBA Colleges in Haryana
List of MBA Colleges in Himachal Pradesh	List of MBA Colleges in Jammu & Kashmir
List of MBA Colleges in Karnataka	List of MBA Colleges in Kerala
List of MBA Colleges in Madhya Pradesh	List of MBA Colleges in Maharashtra
List of MBA Colleges in Orissa	List of MBA Colleges in Punjab
List of MBA Colleges in Rajasthan	List of MBA Colleges in Tamil Nadu
List of MBA Colleges in Telangana	List of MBA Colleges in Uttarakhand
List of MBA Colleges in Uttar Pradesh	List of MBA Colleges in Wesh Bengal

City-Wise List of MBA Colleges in India

List of MBA Colleges in Ahmedabad	List of MBA Colleges in Bangalore
List of MBA Colleges in Bhubaneswar	List of MBA Colleges in Bhopal
List of MBA Colleges in Chandigarh	List of MBA Colleges in Chennai
List of MBA Colleges in Coimbatore	List of MBA Colleges in Dehradun
List of MBA Colleges in New Delhi	List of MBA Colleges in Delhi NCR
List of MBA Colleges in Greater Noida	List of MBA Colleges in Gurgaon
List of MBA Colleges in Hyderabad	List of MBA Colleges in Indore
List of MBA Colleges in Jaipur	List of MBA Colleges in Kanpur
List of MBA Colleges in Kolkata	List of MBA Colleges in Lucknow
List of MBA Colleges in Mumbai	List of MBA Colleges in Pune
List of MBA Colleges in Tiruchirappalli	List of MBA Colleges in Visakhapatnam

Top MBA Colleges Offering Direct Admission in India

Check out the top B-Schools in India offering direct admission in MBA without entrance exams.

Top Distance MBA Colleges in India

The table below includes the college list of the best distance learning MBA in India along with the courses offered and the fee structure

Distance MBA Colleges in India	Courses Offered	Approx. Fees (Per Annum)
University of Petroleum and Energy Studies (UPES), Dehradun	MBA	Rs. 72,500
Chandigarh University	MBA	Rs. 27,650
Indira Gandhi National Open University (IGNOU)	MBA	Rs. 31,500
Lovely Professional University	PGDM / MBA	Rs.50,000
Symbiosis Centre for Distance Learning	PGDM (2-year course)	Rs. 37,000
Narsee Monjee Institute of Management Studies, Mumbai	PGDBM (2-year course)	Rs. 43,000
IMT Ghaziabad	PGDM (2-year course)	Rs. 88.000
SRM University, Chennai	MBA	Rs. 30,000
Maharshi Dayanand University, Rohtak	MBA	Rs. 30,000
Annamalai University, Tamil Nadu	MBA	Rs. 30,000 – Rs. 35,000
Amity University	MBA / PGDM	Rs. 70,000 – Rs. 1,00,000
Bharathidasan University – Centre for Distance Learning	MBA	Rs. 30,000
GITAM – Centre for Distance Learning, Visakhapatnam (Institute of Eminence)	MBA	Rs. 30,000
Jain University, Bangalore	1-year PGDM	Rs. 16,800
Andhra University (CDL)	MBA	Rs. 25,000 to Rs. 30,000
Acharya Nagarjuna University, Andhra Pradesh	MBA	Rs. 25,000 to Rs. 30,000
Jagannath University, Jaipur	MBA	Rs. 25,000

List of MBA Colleges Accepting Entrance Exams Scores

Check the list of various MBA colleges in India that accept scores of different entrance exams in the table below.

List of MBA Colleges Accepting CAT Scores	List of MBA Colleges Accepting CMAT Scores
List of MBA Colleges Accepting NMAT by GMAC Scores	List of MBA Colleges Accepting SNAP Scores
List of MBA Colleges Accepting XAT Scores	List of MBA Colleges Accepting MAT Scores
List of MBA Colleges Accepting GMAT Scores	List of MBA Colleges Accepting ATMA Scores
List of MBA Colleges Accepting MAH MBA CET Scores	List of MBA Colleges Accepting TS ICET Scores
List of MBA Colleges Accepting AP ICET Scores	List of MBA Colleges Accepting IBSAT Scores
List of MBA Colleges Accepting TANCET Scores	List of MBA Colleges Accepting KMAT Scores
List of MBA Colleges Accepting OJEE Scores	List of MBA Colleges Accepting CUET Scores

Placements at Top MBA Colleges in India

One of the primary reasons why students wish to pursue an MBA is to receive a lucrative job opportunity at the end of their MBA course. The credibility of a good MBA college is judged by various factors, one of the most important of which is the placement opportunities offered. The ROI or Return on Investment is a crucial parameter that MBA aspirants must take into consideration when choosing an MBA college. ROI is simply the comparison between the average MBA fees and the average placement package offered by a B-school. Given below are some of the top MBA colleges in India in terms of ROI. Candidates should check them out before applying for MBA admissions.

Name of the MBA Institute	MHRD-NIRF Ranking 2023	Average CTC 2022 (INR)
Indian Institute of Management, Ahmedabad	1	32.79 LPA
Indian Institute of Management, Bangalore	2	33.82 LPA
Indian Institute of Management, Kozhikode	3	29.5 LPA
Indian Institute of Management, Calcutta	4	34.2 LPA
Indian Institute of Technology, Delhi - DMS	5	21.9 LPA
Indian Institute of Management, Lucknow	6	31.03 LPA
National Institute of Industrial Engineering (NITIE), Mumbai	7	25.4 LPA
Indian Institute of Management, Indore	8	25.01 LPA
XLRI, Jamshedpur	9	32.7 LPA
Indian Institute of Technology, Bombay - SJMSOM	10	25.9 LPA
Indian Institute of Management, Raipur	11	17.73 LPA
Indian Institute of Management, Rohtak	12	18.73 LPA
MDI Gurgaon	13	26.65 LPA
Indian Institute of Technology, Kharagpur - VGSOM	14	18.44 LPA
Indian Institute of Technology, Madras - DOMS	15	16.66 LPA
Indian Institute of Management, Udaipur	16	17.5 LPA
Symbiosis Institute of Business Management, Pune	17	23.06 LPA
Indian Institute of Technology, Roorkee - DOMS	18	17.64 LPA
Indian Institute of Management, Kashipur	19	15.21 LPA
S. P. Jain Institute of Management & Research, Mumbai	20	32.06 LPA
SVKM’s Narsee Monjee Institute of Management Studies, Mumbai	21	23.07 LPA
Indian Institute of Management, Trichy	22	17.01 LPA
Indian Institute of Technology, Kanpur	23	28.7 LPA
Indian Institute of Management, Ranchi	24	16.17 LPA
Jamia Millia Islamia, New Delhi	25	9 LPA
Indian Institute of Management, Shillong	26	23.10 LPA
Indian Institute of Foreign Trade, Delhi	27	29.1 LPA
Amity University, Gautam Budh Nagar	28	5 LPA
Amrita Vishwa Vidyapeetham, Coimbatore	30	6.72 LPA
International Management Institute, Delhi	34	15.28 LPA

MBA Scope in India

Being an MBA graduate in India has great scope. Immediately after graduating, there are high possibilities to bag the best jobs. With 10-19 years of experience, any candidate can easily get a salary of INR 14,00,000 LPA undoubtedly. With 20 or more years of experience, an MBA in India can easily get senior-level jobs. A senior-level job in Management offers posts such as Director, Vice president, and Senior Director. The MBA salaries offered in these posts can wind up to INR 25 Lakhs Per Annum or more without any upper limit.

MBA jobs are available in the private, government, and public sectors. From Marketing to Tourism and Healthcare, every sector offers a wide range of MBA jobs for graduates at junior, senior, and executive levels. MBA jobs can be highly rewarding and satisfactory, especially if you are top B-school alumni. If not for college placements, with the right skill set, candidates can easily get jobs in the top companies and organizations. Depending upon the specialization, skills, and knowledge, a candidate can attract lucrative job options after MBA that offer high salary packages and other great benefits.

MBA Career Options and Job Prospects

MBA is a highly skilled degree and opens up various opportunities for candidates. From working in the private, public, or government sectors to venturing out to become an entrepreneur, an MBA course goes a long way toward shaping your career.

Career prospects after MBA are varied. Depending upon the B-school a candidate has graduated from, the job prospects differ. Top B-schools in India such as the Indian Institute of Management(s) have the best placement strategies in place, and more often than not, their students are usually in the best place in the industry. Immediately after the MBA course, candidates may seek placement in the best job sector.

Candidates can check the type of job profiles available for MBA graduates from the table provided below.

Employment Areas	Job Profiles
Banks	Account Manager, Administrative Officer, Human Resource Manager, Marketing Manager, Card Payments Operations Head, Vice President - Investment Banking
Brand & Marketing	Brand Manager, IT Services Marketing Head, Marketing Manager
Business Consultancies	Human Resource Manager, Management Consultant
Educational Institutes	Trainer, Administrative Officer
Financial Organizations	Recruitment Manager, Administrative Officer, Equity Research Analyst, Human Resource Manager
Industrial Houses	HR Generalist Business Partner, Zonal Business Manager, Project Manager, Administrative Officer, Finance Manager, Marketing Manager
Multinational Companies	Lobbyist/Organizer, Recruitment Manager
Personal Business	Entrepreneur
Public Works	Research and Development Manager, Labour Management Relations Specialist
Tourism Industry	Human Resource Managers, Administrative Officer

What is MBA Salary?

MBA is a well-respected and in-demand course. Any MBA graduate can easily get a respectable job with a handsome salary package. Most MBA colleges offer direct placements with high-end salary job profiles and salary packages. MBA salary in India, despite an MBA government salary or MBA private salary, is considered handsome.

However, the starting average salary of MBA graduates in India ranges from Rs. 7 Lakh to Rs. 12 Lakh per annum. If you have studied at an Ivy League B-School in India, it can start from Rs. 15 Lakh per annum. Mid-level salary ranges from between Rs. 15 Lakh to Rs. 24 Lakh per annum. Senior-level salary ranges above Rs. 20 Lakhs per annum.

Average Salary in MBA in Marketing Management

Job Profile	Salary in India
Senior Marketing Manager	Rs 1,342,969
Marketing Manager	Rs 685,280
Senior Business Analyst	Rs 994,494
Business Development Manager	Rs 597,879
Business Development Executive	Rs 299,907
Area Sales Manager	Rs 609,533
Project Manager	Rs 1,263,774

Average Salary in MBA in Human Resources

Job Position	Average Salary
Human Resources Manager	Rs 7,05,853
Senior Human Resources Consultant	Rs 11,64,803
HR Operations Manager	Rs 8,74,286
Employee Relations Manager	Rs 7,32,503

Average Salary in MBA in Finance

Job Position	Average Salary
Accounting Manager	Rs 7,10,360
Credit Managers	Rs 5,80,576
Financial Analyst	Rs 4,12,339
Corporate Controllers	Rs 12,24,490

Average Salary in MBA in Logistics and Supply Chain Management

Job Position	Average Salary
Logistics Officer	Rs 4,36,344
Logistics Supervisor	Rs 2,56,529
Logistic Manager	Rs 6,06,122
Supply Chain Coordinator	Rs 3,97,561

Average Salary in MBA in Information Technology

Job Position	Average Salary
Project Manager	Rs 12,44,457
Business Development Manager	Rs 5,98,910
Marketing Manager	Rs 6,90,763
System Manager	Rs 8,81,633

Top MBA Recruiters

Almost every company requires skilled managers to manage all their activities. Some of the major recruiters available for MBA graduates are provided below.

Top Recruiters for MBA Graduates
Avendus	Samsung	TAS	Crisil
BCG	Citibank	RPG	Flipkart
Deloitte	ITC	Tata	Saint Gobain
HDFC	Larsen & Toubro	Microland	GAR
ICICI Bank	EXL	Accenture	Infosys
JP Morgan Chase & Co.	HSBC	Amazon	Pidilite
Mahindra	Goldman Sachs	Wipro	Credit Suisse
McKinsey & Company	Nestle	Aditya Birla Group	Cipla
PWC	Philips	Asian Paints	McKinsey&Company
Reliance	Vodafone	Microsoft	Bajaj

Apart from these major recruiters mentioned above, meant top government organizations hire MBA graduates for various job profiles. Some of the top public companies recruiting MBA graduates are mentioned in the table below.

Top Govt. Organizations Hiring MBA Graduates
Air India Express	BEML Limited	ITI Limited
Department of Urban Development and Housing, Government of Bihar	Tripura Rural Livelihood Mission (TRLM)	Cement Corporation of India
Engineering Projects India Limited	IIT Kharagpur	City Union Bank
Coal India Limited	State Bank of India	Central Bank of India
Municipal Cooperative Bank Mumbai	National Housing Bank	Bank of Baroda
Panipat Urban Co-operative Bank Limited	Bharat Electronics Limited	NABARD Consultancy Services
The Sher-e-Kashmir University of Agricultural Science and Technology	IIT-Gandhinagar	Arunachal Pradesh Public Service Commission
Bangalore Metro Rail Corporation Limited	Ircon International Limited	IBPS
RBI	National Bank for Agriculture and Rural Development	National Institute of Biomedical Genomics

Study MBA Abroad

Studying MBA abroad is possible. But it requires the candidates to take a slightly different route for the preparation process. Instead of appearing for the national-level entrance exams, candidates will have to appear for Graduate Management Aptitude Test (GMAT). Based on the country the candidate is seeking admission, they will have to either appear for the International English Language Testing System (IELTS), or Test of English as a Foreign Language (TOEFL).

Candidates qualifying the minimum requirements of the colleges and universities along with the GMAT or TOEFL scores or GMAT+IELTS scores will be considered for admissions. Most candidates from India travel to the USA, UK, Germany, New Zealand, or Australia for MBA subject education. This selection is made considering various factors. Candidates may also opt to go to other countries to pursue MBA courses. There is no limitation to it.

Eligibility Criteria to Study MBA Abroad

• Candidates must have completed graduation in Management or a related stream from a recognized college or university.
• Students applying for MBA abroad must clear GMAT (Graduate Management Aptitude Test).
• Candidates must be proficient in the local language of the country they are considering for pursuing an MBA. Some of the most popular language proficiency tests are TOEFL and IELTS.
• Work Experience and a Letter of Recommendation will be required when applying for MBA admission. Work experience of 3-5 years is required.

Top MBA Colleges Abroad

Pursuing MBA from a top college abroad opens opportunities to work in higher management roles in top international companies. Here are a few top MBA colleges abroad you may consider for admission:

Name of the College	Country Located in
Harvard Business School	USA
University of Oxford	UK
Standford Graduate School of Business	USA
Penn (Wharton)	USA
HEC (Paris)	Canada
MIT Sloan	USA
London Business School	UK
IE Business School	Spain
Columbia Business School	UK
IESE Business School	Spain
University of East London	UK
University Canada West	Canada
University of Waikato	New Zealand
University of Alberta	Canada
University of Toronto	Canada
Dublin Business School	Ireland

Required Skillset for MBA

MBA is a course, which requires the complete dedication of the candidate. One must be ready to accept the hardships that come with it. Candidates must have these sets of skills to be qualified as an MBA graduate. It is always better if the candidate already has the skills. If not, pursuing MBA will motivate and inculcate these skills.

Leadership

Studying for an MBA brings the candidate the resources to build leadership skills. It enables the person to act as a leader for the team members. The person must be capable of motivating and inspiring the members of the group. They must have firm confidence in themselves and in the work. It is best to gain expertise in the area to be able to lead the team.

Communication

Another important skill that is very necessary is communication. MBA job requires the candidate to meet and communicate with lots of new people on different matters. They must be able to handle each person in the way required. Candidates must be able to put across their ideas in an innovative and understanding way. Also while submitting any proposal or information, they must be able to handle the responsibility of it.

Critical Thinking

Candidates must be aware of the good and bad for the team. They must have the potential to think through the matter and make a decision best for the team. The MBA syllabus includes this as an integral part. Additionally, instead of fixating on personal gain, they must focus on the big picture and work accordingly. Also, an MBA graduate must be ready to accept positive and negative feedback and implement it in the best way possible.

Creativity

While pursuing an MBA course, candidates must be ready to implement innovative ideas, ventures, and practices. They must be ready to accept fresh angles and viewpoints.

Teamwork

Instead of working like a boss, one must always act as a leader and work with the team. A good leader always prioritizes the team before personal gains. And the best strategy to build better results is always teamwork.

Flexibility

Being adamant and continuing with old methods will never help to grow. Being flexible, and adapting to new methods, and technology will always help to grow. To build the bridge over the growing business industry, flexibility is the key.

Resilience

Once you start the journey in the business world, it is not easy to look back. Although the business world is harsh and difficult to climb the ladder of success. But giving up or quitting cannot be an option. Candidates must be resilient and continue to push back and fight through the hardships to build a stable career.

Self Awareness

Being self-aware of one's strengths and weaknesses is important. It helps to think about the best ways to use the strengths and improve the weaknesses. It will help to build confidence.

Integrity

Honesty towards one's own work and responsibilities is another aspect that an MBA aspirant must possess. While leading a group of team members, if the candidate is not honest with the team, it can lead to havoc. Being integral is equally important as the other skills.

Courses After MBA

Although a majority of MBA graduates tend to join MNCs or managerial-level job roles in well-established companies and organizations after completing their degree course, some individuals prefer pursuing academics or professional courses in order to upskill themselves even further. If an aspirant is not interested in pursuing a corporate career immediately after completion of their MBA course, pursuing short-term professional courses, or even full-time courses can be a lucrative option.

An MBA degree is already a very highly demanded qualification in the present job market, however, if candidates can add more skills to their repertoire, their chances of bagging a higher salary package and a better position increase significantly. There are several courses candidates can pursue after an MBA. Candidates also have the option of continuing their study in the field of management or they can also expand their knowledge and expertise by opting for courses from different fields and areas. Some of the most popular courses to pursue after an MBA are mentioned in the table below:

Courses after MBA	Eligibility Requirements	Average Cost	Average Salary
Cost and Management Accounting (CMA)	Bachelor's Degree in any stream (except Fine Arts) along with 2 years of continuous experience in management accounting and/or financial management	INR 1,00,000 - INR 4,00,000	INR 5,00,000 - 20,00,000
Fellowship Programme in Management	Master's degree in any discipline with 55% aggregate marks (50% for SC/ST candidates)	INR 6,00,000 - INR 13,00,000	INR 10,00,000 - INR 40,00,000
PhD in Management	Master's degree in Management (M.Com or MBA) with 50-60% aggregate marks (45-55% for SC/ST candidates)	INR 10,000 - INR 3,00,000	INR 5,00,000 - INR 10,00,000
Chartered Financial Analyst (CFA)	Bachelor's degree any discipline (Final year students also eligible) and 4 years of relevant work experience and candidates must possess an International Passport.	INR 40,000 - INR 2,00,000	INR 6,00,000 - INR 12,00,000
Executive MBA	Bachelor's Degree from a recognized university with 50% aggregate marks and a minimum work experience of two years at the managerial or executive level.	INR 4,00,000 - INR 15,00,000	INR 20,00,000 - INR 25,00,000
Financial Risk Management (FRM)	No Specific Eligibility Requirements to take the FRM exams	INR 1,00,000	INR 2,00,000 - INR 10,00,000

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