A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions.
An MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing, and relationship management (RM). MBA students can also focus on other aspects of business, like finance or risk management. The roles on offer for MBA graduates are generally of middle management levels such as Finance Manager, Product Manager, Strategy Manager, HR Manager, etc. On completing the MBA degree, students can get jobs with highly range salaries.
MBA admission is based on MBA entrance exams followed by a personality assessment test round (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). Typically, students are required to have more than 50 percent in their undergraduate degree from any stream in order to pursue an MBA course.
The most popular MBA entrance exams are CAT, GMAT, XAT among others. IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI and ISB are some of the top MBA colleges in India.
Course Name |
MBA |
MBA Full Form |
Master of Business Administration |
Course Level |
Post Graduation |
Types of MBA |
Full-Time MBA, Part-Time MBA, Distance MBA, Online MBA, Executive MBA and Integrated MBA |
MBA Course Fee |
INR 2 lakh to 27 lakh and above |
MBA Admission Process |
Entrance Exam+ Group Discussion+ Personal Interview |
Top MBA Entrance Exams |
CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT |
Top MBA Colleges |
There are 5000+ colleges in India offering Full-Time MBA. Most popular colleges include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, SPJIMR Mumbai, XLRI, IIM Indore, IIM Kozhikode among others |
Top MBA Specialisations |
Sales, Marketing, Operations, Finance, Human Resources, Digital Marketing and Business Analytics |
Average Salary post MBA |
INR 5 lakh to 25 lakh per annum |
Top Recruiters post MBA |
Boston Consulting Group, Mckinsey, Bain & Co, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc. |
MBA Course Eligibility Criteria
1. Admission to the MBA course is strictly on the basis of management entrance exams conducted at the national, state, university/institute level.
2. Graduate from any stream with minimum 50% marks or equivalent CGPA from a UGC recognized Board or equivalent recognition from MHRD,
3. Students belonging to the SC/ ST or PWD category will require a minimum of 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 fulfill 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
Indian Institute of Foreign Trade (IIFT)
MICA Admission Test (MICAT)
ICFAI Business School Aptitude Test (IBSAT)
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
Benaras Hindu University (BHU PET)
Kalinga Institute of Industrial Technology (KIITEE)