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MBA Full Form : What is MBA? courses, and admissions 2022

What is MBA? The full form, courses, and admissions 2022

MBA full form is Master of business administration. It is an internationally recognized post-graduate program that equips its students with the necessary skills to make a career in business and management. In addition to providing holistic business education, it offers a platform to develop leadership skills, build a professional network, and accelerate your career trajectory to earn a six-figure salary. The admissions for 2022 intake are now open, with the majority of the top MBA colleges announcing their application deadlines.

Although not compulsory, a majority of students who pursue MBA courses have done BBA under graduation. Candidates who have completed their bachelor’s degree or are in their final year of it are also eligible to apply for MBA degree admission in India. However, foreign universities require at least three to five years of experience when it comes to an MBA degree admission. MBA degree graduates are welcomed across private as well as public sectors. There are various types of MBA specialisations available for students belonging to different fields.

What is the full form of an MBA?

The full form of MBA in English is Master of Business Administration. There are various types of MBA courses such as part-time MBA, online MBA, distance MBA, and executive MBA. In addition to this, an MBA degree also offers various specializations such as Human Resource Management, Sales and Marketing, Business Analytics, IT Management, and more.

Why choose MBA?

MBA degree is a popular master’s degree programme in the field of commerce, business, and management. The MBA degree offers various specialisations that are flexible and can be pursued by freshers as well as working professionals. The average MBA salary of graduates in India from tier-1 MBA colleges such as IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, and FMS Delhi is around Rs 20 lakh per annum. Corporate and business organisations have a huge vacancy for MBA jobs. Pursuing an MBA degree in India is a gateway to a plethora of employment opportunities.

Eligibility Criteria for MBA

The MBA eligibility criteria vary for every MBA college in India and depend on the type of MBA courses one chooses to pursue. However, some of the common eligibility criteria for all types of MBA courses are mentioned below:

  • Candidates must have completed their bachelor’s degree or be in their final year of bachelor’s degree from any stream constituting a minimum duration of three years.
  • Some of the popular bachelor’s degree programmes are B.Tech, B.Sc, BA, BBA, B.Com.
  • Candidates must have scored at least 50 per cent aggregate throughout their bachelor’s degree. (60 per cent in the case of IIMs).
  • Candidates must have obtained a minimum of 60 per cent score in their class 12 final exams from a recognised board of India.
  • Candidates must clear the entrance examination with the required MBA cutoff as specified by the MBA colleges.

Skills required for MBA

After completing an MBA degree, a candidate is expected to work as a manager for companies. In order to be successful, the candidate should have the necessary skills and qualities to be a leader. Some of the essential skills required by MBA candidates are discussed below:

Managerial skills: A candidate with an MBA course should have the necessary managerial skills to handle multiple assignments and responsibilities. Good managerial skills are necessary for successful management as the person is required to undertake several tasks in a leadership role.

Learning Skills: MBA is a degree programme that requires students to keep up to date with the latest business developments. The MBA degree requires students to maintain a level of learning and remain up-to-date with the latest business developments.

Analytical Skills: Aside from business, an MBA course also includes analytical skills. In order to make sense of the huge amounts of data that are being collected by businesses, candidates should have the necessary data interpretation skills.

Communication skills: Aside from being able to communicate clearly and confidently, candidates also need to possess a good understanding of rules and regulations in order to perform their duties effectively. MBA degree requires students to have clear and concise verbal, and written communication skills.

Decision-making skills: A successful MBA candidate must be able to make decisions according to the business’s best interests. An MBA candidate must be able to make decisions that are in the best interests of the company and its shareholders.

Difference between MBA and PGDM

For a layman, the difference between MBA and PGDM can be a little difficult to understand. At first glance both might look the same as well in terms of curriculum and value addition, however, there are certain differences between the two. The primary distinction is that MBA is a degree and a PGDM is a Diploma course. Secondly, PGDM programme is offered by stand-alone institutions or autonomous bodies, whereas MBA is offered by universities or colleges affiliated with universities. If we discuss the duration, an MBA programme is for two years divided into four semesters, whereas a PGDM programme can be anything between one year to two and a half years. These are the primary differences between MBA and PGDM. To know the differences in detail you can read Career360’s article on the difference between PGDM and MBA.

Also read: How to Choose the Best Online MBA Course in India?

MBA Admission Process

Most of the time, admission to MBA is provided to business schools in India on the basis of entrance exams. However, some of these schools prefer to conduct their own entrance exams and offer admission on the basis of scores.

MBA Admission on the basis of merit

Admission to MBA programs in private and public universities is based on the level of examination held by the relevant state or national organizations. This MBA admission process is carried out entirely on the basis of entrance exams.

MBA Admission on the basis of entrance examination

All the eligible candidates who are interested in pursuing MBA courses and programmes in India need to qualify for the entrance exams depending on the institute to which they are applying. They also have to go through various screening and interview procedures before they are selected.

National Entrance Test: There are many entrance exams that are conducted at the National level for MBA admission. Some of the top national-level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, IIFT.

University Entrance Test: Some of the reputed MBA colleges conduct various tests at the university level for the admission of their students. Such University level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET, and more.

You may also read: MBA Entrance Exams

Common Admission Test (CAT):

The Common Admissions Test or CAT is one of the largest management entrance examinations conducted in India by one of the IIM(s) for MBA admission. The top MBA colleges in India require students to appear in the CAT examination in order to take admitted to their institutions. Best colleges for MBA generally ask for a CAT score at the time of admission. Candidates can find relevant CAT details mentioned in the table below:

CAT Eligibility CriteriaCAT Application Form
CAT SyllabusCAT Exam Dates
CAT Exam PatternCAT Cutoff
CAT Preparation TipsCAT Result
CAT Selection ProcessCAT Exam Answer Key

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NMAT (Narsee Monjee Admission Test):

The NMAT examination is a university-level management entrance test conducted by GMAC on behalf of Narsee Monjee Institute of Management Studies. Candidates who clear the NMAT exam, followed by group discussion and personal interview are offered MBA admission to NMIMS. The relevant NMAT details are mentioned below in the table:

NMAT EligibilityNMAT Admit Card
NMAT ResultNMAT Preparation tips
NMAT ApplicationNMAT Cutoff

XAT (Xavier’s Aptitude Test)

XAT is one of the most popular MBA entrance examinations accepted by almost 170 institutions for MBA admission. Some of the best colleges in India accept XAT scores. The XAT exam is conducted by XLRI Jamshedpur in order to provide MBA admission to various types of MBA courses. The relevant XAT details are mentioned below in the table:

XAT Eligibility CriteriaXAT Exam Dates
XAT Admit CardXAT Syllabus
XAT Exam PatternXAT Result
XAT CutoffXAT Preparation Tips
XAT Selection ProcessXAT Application form

SNAP (Symbiosis National Aptitude Test)

SNAP or Symbiosis National Aptitude Online Test is a national-level online examination conducted by Symbiosis University. Candidates who qualify for the entrance examination along with group discussion and personal interviews are offered MBA admission to one of the 16 symbiosis colleges. The relevant SNAP details are mentioned below in the table:

SNAP DatesSNAP Syllabus
SNAP Eligibility CriteriaSNAP Application Process
SNAP Admit CardSNAP Result
SNAP CutoffSNAP Selection Process

IIFT (Indian Institute of Foreign Trade)

Indian Institute of Foreign Trade is considered one of the best colleges for MBA and conducts a national level yearly entrance examination for admission to three specializations offered by the institute. Candidates who qualify for the examination along with group discussion and personal interviews are offered admission to IIFT, New Delhi. The relevant IIFT details are mentioned below in the table:

IIFT DatesIIFT Syllabus
IIFT Eligibility CriteriaIIFT Application process
IIFT Admit CardIIFT Result
IIFT CutoffIIFT Selection Process

Also read: Online MBA vs Distance MBA: Which is Right for You?

MBA Cutoff

The MBA cut-offs are released for every MBA college after the admission process is over. The details of the cut-offs are also mentioned in the batch profile and the category and specialisation wise rankings. The batch profile of MBA degree programmes includes various factors such as student’s academic background, average age, and more. Below is the list of top MBA colleges in India. You can also see their cut-off details.

Name of InstituteCutoff (CAT, XAT)
IIM Ahmedabad80 percentile
IIM Bangalore85 percentile
IIM Calcutta80 percentile
IIM Lucknow90 percentile
IIT Kharagpur90 percentile
IIM Kozhikode85 percentile
IIM Indore90 percentile
IIT Delhi90 percentile
XLRI Jamshedpur94 percentile
MDI Gurgaon95 percentile

State-level MBA Admission

In addition to national-level entrance examinations, various states also conduct their own management entrance test for MBA admission. Qualifying candidates can take admission to any of the participating colleges across the state. Some of the top State-level exams include MAH MBA CET, OJEE MBA, TANCET, APICET, KMAT, and more.

Top MBA colleges with Popular MBA Exams:

Various MBA colleges in India conduct multiple entrance examinations for their students. Several MBA colleges in India accept multiple entrance examinations depending on the eligibility criteria and entrance requirements.

InstitutionsMBA Exam
IIM AhmedabadCAT
XLRI JamshedpurXAT
Symbiosis UniversitySNAP
NMIMS MumbaiNMAT
Indian Institute of Foreign TradeIIFT
IIM BangaloreCAT
UPES DehradunCAT
IBS HyderabadCAT
FMS DelhiCAT
Woxsen School of BusinessXAT

Read more: Which One to Choose: Regular MBA vs Online MBA?

What is an Online MBA Degree?

The online MBA courses are the most relevant degree program in a time of pandemic where we can easily get the degree and guidance from faculties all over the world. You can take admission to your preferred management college from across the globe and also join the lectures from your home for online MBA courses. Online MBA programs are a blessing in disguise, as it is most helpful for working professionals, who can manage to attend the classes regularly without missing any important deadlines of their important projects in the office.

Also read: Online MBA vs Executive MBA: Choose the Better

Browse Best MBA Colleges Accepting CAT Score: Location-Wise

MBA College in Delhi Accepting CAT ScoreMBA College in Delhi NCR Accepting CAT Score
MBA College in Bangalore Accepting CAT ScoreMBA College in Mumbai Accepting CAT Score
MBA College in Pune Accepting CAT ScoreMBA College in Hyderabad Accepting CAT Score
MBA College in Chennai Accepting CAT ScoreMBA College in Ahmedabad Accepting CAT Score
MBA College in Kolkata Accepting CAT ScoreMBA College in India Accepting CAT Score

You may also read: Is Online MBA Recognized by UGC?

Browse Top MBA Colleges By Location:

There are various best colleges for MBA in India which offer quality education and top specialisations according to the candidate’s interest. Some of these colleges are popular due to their prime location and close proximity to industrial and business corporations. You may browse these colleges by location as mentioned below:

MBA Colleges in BangaloreMBA Colleges in Delhi
MBA Colleges in HyderabadMBA Colleges in Bhopal
MBA Colleges in PuneMBA Colleges in Kolkata
MBA Colleges in MumbaiM.B.A Colleges in Indore
MBA Colleges in ChennaiMBA Colleges in Jaipur

You can also read: UGC Approved Online MBA Universities/Colleges in India for Working Professionals

MBA Syllabus

The regular MBA course is basically of two-year duration which is divided into four semesters that include an internship as well. Listed below are semester-wise MBA subjects for a regular MBA programme:

Semester 1

Business CommunicationMarketing Management
Organisational BehaviourHuman Resource Management
Computer Applications & Management Information SystemQuantitative Methods
Financial AccountingManagerial Economics

Semester 2

Business Research MethodsOperation Management
Management ScienceManagement Accounting
Economic Environment of BusinessProduction Operations and SCM
Organization Effectiveness and ChangeLegal Aspects of Business

Semester 3

Business Ethics & Corporate Social ResponsibilityStrategic Analysis
Elective Course IIElective Course I
Legal Environment of BusinessDigital Marketing
Elective Course IIIElective Course IV

Semester 4

Corporate GovernanceEntrepreneurship Development
Elective 1Cyber Security
Elective 2Elective 3
Elective 4Elective 5

Also read: 7 Best Online MBA Specializations with Eligibility, Fees, and Admission Process

Top MBA Specializations

The MBA degree is designed to give exposure to students in various fields of study. It is typically divided into two batches, the first one having specialization and the second one having a general management or business administration background. Usually, students are given the option to select both core and elective subjects in the first and second year respectively.

MBA in Marketing ManagementMBA in Finance & AccountingMBA in Computer Application
MBA in Human Resource ManagementMBA in EntrepreneurshipMBA in Communication and Media Management
MBA in Information TechnologyMBA in Rural ManagementMBA in Banking & Finance Management
MBA in International BusinessMBA in Telecom ManagementMBA in Pharmaceutical Management
MBA in Digital Marketing ManagementMBA in Sustainability ManagementMBA in Supply Chain Management
MBA in Telecom ManagementMBA in Agriculture & Food BusinessMBA in Disaster Management

Also read: 10 Most Affordable Online MBA Programs for Students in India

What after MBA?

After securing an MBA degree, candidates can either start working as a full-time professional or pursue their own startup or higher studies. There are various companies that offer MBA jobs to candidates with appropriate skills and experience.

Option 1: After completing an MBA degree programme, candidates can start working as full-time employees in the corporate sector with an average salary of around Rs 12 lakh per annum.

Option 2: Candidates can also choose to pursue a PhD programme in management or a related field.

Read more: What is the Scope of an Online MBA?

Career Options after MBA

Many students take up MBA degrees in order to get a job after completing their studies. After getting an MBA, many of them find MBA job opportunities in various industries such as Human Resources, Finance, and Operations.

Manager: A manager is responsible for the management of a team, department, or organization. He or she works as a leader of a team and supervises the work of its members.

Sales Manager: A sales manager is responsible for the management of all the tasks involved in the sales process. This professional is also responsible for ensuring that the targets are met and that profits are maximized.

Marketing Manager: A marketing manager is responsible for various tasks and responsibilities related to marketing such as campaigns, sales tasks, client proposals and marketing of different products.

HR Manager: A human resource manager is responsible for the management of the human resources function of an organization. His or her responsibilities include the recruitment process, employee relations, and professional dispute resolution.

Also Read: How Can an Online MBA Degree Benefit Your Career?

Top Recruiters

After graduating from an MBA programme, many recruiters hire MBA freshers to fill various job openings in various sectors. MBA freshers can find the best recruiters across various industries through various channels.

GoogleDeloitte
NTPCCitibank
ITCVodafone
Larsen & ToubroNestle
FlipkartMicrosoft
AmazonWipro

Also Read: Top Free Online MBA Courses with Certificates in India

Salary after MBA

MBA salary depends on the specialization chosen by the candidate. After MBA in India, the average salary for the highest-earning job candidates is around Rs 4,00,000 to Rs. 32,00,000 per annum. Your MBA specialization will determine the types of jobs that you will be able to secure in the future. Having the right one can help boost your resume and improve your chances of landing a job. Most of the time, the students are selected from the marketing specialization. Some of the crucial factors determining the salary are MBA specialization opted by the candidate, experience of the candidate, industry, institute/college from which a candidate has passed, and designation.

Read more: Advantages and Disadvantages of Online MBA Course

MBA SpecializationAverage MBA Salary
MBA in FinanceRs 2,00,000 to Rs 14,70,000
MBA in Information TechnologyRs 10,000 to Rs 6,00,000
MBA in Human Resource ManagementRs 4,50,000 to Rs 15,50,000
MBA in MarketingRs 14,25,000 to Rs 20,43,000
MBA in Logistics ManagementRs 6,25,000 to Rs 8,50,000

Employment areas

Before a candidate decides to take up an MBA, it is essential that they thoroughly understand the programme’s scope and the various benefits that it has to offer. Several candidates from various domains are planning on taking up the MBA Programme to boost their career paths. This is because having an MBA degree is very important for a successful career. There are a plethora of MBA jobs available in the industry with handsome MBA salaries.

Read more: 7 Reasons to Pursue an Online MBA Degree

Top Private MBA Colleges in India

There are various private MBA colleges in India that offer MBA degree programmes. These MBA colleges are known for their quality and reputation. Candidates can check the top private MBA colleges in India mentioned in the table below:

Read more: Top Business Schools for Online MBA Programs in India

GITAM Institute of Management, VisakhapatnamTechno India University, Kolkata
Christ University, BangaloreDoon Business School, Dehradun
MIT School of Management, PuneSchool of Management, Dr DY Patil University
KJ Somaiya SIMSRSchool of Business, UPES, Dehradun
SIIB PuneMDI Gurgaon

Also Read: Is an Online MBA Valid in India?

Top Government MBA Colleges in India

The government MBA colleges in India are the most popular among students and are considered the best in terms of ROI and placements. Candidates can find the list of top government MBA colleges in India mentioned below in the table:

UBS ChandigarhAligarh Muslim University, Aligarh
FMS BHUBangalore University
IIFT DelhiDepartment of Commerce, University of Delhi
Jamia Millia Islamia, New DelhiPondicherry University
LN Mishra Institute of Economic Development and Social Change, PatnaIIM Ranchi

For more Government MBA colleges in India, please visit here.

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