Masters of Business Administration (MBA) - Course Overview

About Masters of Business Administration (MBA)

MBA or Masters of Business Administration is an internationally accredited post-graduate degree for developing business and management skills amongst future business leaders and entrepreneurs.  A typical MBA degree covers a wide range of business fields like accounting, marketing & management. An MBA degree is not limited to a career in management so those interested in pursuing a career in the private, government & public sector can also benefit with an MBA degree.  

In India specifically, there are two types of management degrees available.

  • Masters in Business Management (MBA): This degree is offered usually a 2-year degree.
  • Post Graduate Diploma in Management (PGDM): This degree is offered by autonomous institutes like the Indian Institute of Management(s) and is usually a 1-year course.

In recent times, various other versions of MBA/ PGDM have been introduced to adhere to the industry needs. Some of them include:

  • Online MBA
  • Distance Learning MBA
  • Executive MBA

The MBA course curriculum is a combination of some core subjects like Marketing, Economics, Accounting and Operations, and Elective courses to give management aspirants a chance to follow their own personal or professional interests. 

MBA Specializations

Take a look at the table below to know about some of the MBA specializations.

Finance Management

Marketing Management

Human Resource Management

Rural Management

Health Care Management

Operations Management

Media Management

Sports Management

Hospitality Management

Interior Design

Masters of Business Administration (MBA) Highlights
All the important details about the Masters of Business Administration (MBA) course are mentioned below

Level

PostGraduate

Duration

2 Years

Exam Type

Semester

Minimum Qualification Requirement

Bachelor Degree 

Average Initial Salary

INR 5 to 22 lacs per annum

Selection Process

Entrance Exam

Minimum Aggregate Score Requirement

50%-55%

Major Recruiters

Amazon, Citigroup, Deloitte, Apple, Bain & Company, Flipkart, Microsoft, Google, Tesla, LinkedIn, PepsiCo, Unilever, Nike, Ernst & Young and Deutsche Bank.

Masters of Business Administration (MBA) Eligibility Criteria

Admission to the MBA course is strictly on the basis of management entrance exams conducted on national, state, university/institute level. Besides this, students have to adhere to the following eligibility criteria:

  • Graduate from any stream with minimum 50% marks or equivalent CGPA from a UGC recognized Board or equivalent recognition from MHRD,
  • Students belonging to the SC/ ST or PWD category will require a minimum 45% marks to qualify for any MBA entrance test
  • Valid scores of MBA entrance exams like CAT, MAT, XAT, SNAP, NMAT & CMAT etc.

MBA Admission Process:

Getting admission to an MBA college is not a cakewalk. One has to overcome a series of difficult processes for admission to a top B-school in India. If you fulfil the basic eligibility criteria, you need to appear for any of the following entrance exams:

  • Common Admission Test (CAT)
  • Management Aptitude Test (MAT)
  • Symbiosis National Aptitude Test (SNAP)
  • Xavier’s Aptitude Test (XAT)
  • NMAT by GMAC
  • Common Management Aptitude Test (CMAT)
  • Indian Institute of Foreign Trade (IIFT)
  • MICA Admission Test (MICAT)
  • ICFAI Business School Aptitude Test (IBSAT)

The government also conducts tests for admission to MBA government colleges as well as private MBA colleges in the state. Some of them include:

  • Gujarat Common Entrance Test (GCET)
  • University of Hyderabad’s CET (UOHYD)
  • Cochin University Science & Technology (CUSAT)
  • Karnataka Management Aptitude Test (KMAT)
  • Rajasthan Management Aptitude Test (RMAT)
  • Tamil Nadu Common Entrance Test (TANCET) etc.

There are various management schools in India that also conduct individual management entrance exams for admission to their colleges.

  • Jamia Milia Islamia (JMI), New Delhi
  • SRM University’s Management Test (SRMJEE)
  • Benaras Hindu University (BHU PET)
  • Kalinga Institute of Industrial Technology (KIITEE)
  • University of Petroleum & Energy Studies (UPES-MET) etc.

Here a collated list of all the management entrance exams in national, state and college/ university level MBA exams for taking admission to the top colleges.

After your MBA entrance exam score is out, you can check out the B-school admission as released by that school. Wherever eligible, you can apply, following which, you will have to undergo the Group Discussion (GD) & Personal Interview) rounds.

Masters of Business Administration (MBA) Syllabus
Syllabus of MBA for first two semesters will be same for all the specializations. The third semester will contain subjects related to the specialization chosen by the candidate.

Semester 1

Semester 2

Business Communication

Economic Environment of Business

Financial Accounting

Financial Management

Human Resource Management

Management Accounting

Information Technology Management

Management of Information System

Managerial Economics

Management Science

Marketing Management

Marketing Research

Organizational Behaviour

Organization Effectiveness & Change

Quantitative Methods

Production & Operations Management

Semester 3

Semester 4

Business Ethics & Corporate Social Responsibility

International Business Environment

Legal Environment of Business

Project Study

Strategic Analysis

Strategic Management

Candidates must note that in addition to three main subjects, they will have to choose five additional subjects depending on the type of specialization opted by them. They can check the list of available subjects from the table provided below.

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

Sales Force Management

Internet Marketing

Business Marketing

Marketing Channel

Sales Promotion Management

Advanced Research Techniques in Marketing

Service Marketing

 

OB & HRM

Management of Industrial Relations

Counselling 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 & Politics

PRODUCTION & 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

INFORMATION TECHNOLOGY 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

Civil Aviation Management