MBA: Full Form, Course, Admission 2024, Subjects, Fees, Jobs, Salary

MBA Latest Updates: 

• XAT 2025 exam pattern has been revised.
• The ATMA 2024 results for July session have been released. On the official website, candidates can log in and view or download their results.
• Karnataka PGCET 2024 answer key has been released.
• The seat assignments for OJEE counseling 2024 Round 2 have been released. The deadline for fee payment, exercise of the freeze and float option, and seat withdrawal until 10th August, 2024. Additionally, registration for the Special OJEE counseling 2024 Final Round is still open through 11th August, 2024, and the seat allocation results will be released on 14th August, 2024.

• The application deadline for NMAT 2024 is 10th October, 2024. Registration is now open for MBA and PGDM courses for the academic session 2025–2027. Also, the NMAT 2024 exam has a date range of 5th November, 2024, to 20th December, 2024.
• The MAH MBA CET CAP 2024 provisional merit list is now available, and the deadline for submitting grievances is 7th August, 2024, at 5 PM. In addition, the final merit list will be shown on 9th August, 2024.
• The Phase 1 seat allocation results for the AP ICET counseling 2024 registration will be made public on 12th August, 2024.
• MBA course registrations for CAT 2024 are now being accepted. The deadline to register is 13th September, 2024, at 5 PM. In addition, the date of the CAT 2024 exam is 24th Nov, 2024.
• For the August session of MAT 2024, the IBT Phase 1 and CBT exam registration is now open. The deadlines to register are 9th August, 2024, and 11th August, 2024, respectively. The deadline for PBT exam applications 18th August, 2024.
• Applications for MBA courses at KMAT Karnataka 2024 are now being accepted, with a deadline of 31st August, 2024. Furthermore, the tentative date for the KMAT Karnataka 2024 exam is the first week of November 2024.

About MBA Course

Master of Business Administration also known as MBA is a 2-year postgraduate degree program in management, business, and entrepreneurship. The curriculum for MBA courses is structured to combine theoretical and practical components; theoretical knowledge is covered in class and seminars, and candidates gain real-world experience and industry exposure through internships and workshops, which equips them with the skills necessary for success in the workplace.

The MBA eligibility is that one must have completed their graduation with a minimum of 50% in any discipline (science, commerce, or arts) is qualified to enroll in MBA programs and pursue their dream college. The MBA course duration varies from 1-5 years depending upon the type of the program. To get admission in the program, one has to qualify the MBA Entrance Exams including CAT, CMAT, XAT, IBSAT, MAT, etc. After Entrance exams, candidates are evaluated psychologically through a Personal Interview (PI), Group Discussion (GD), and Written Ability Test (WAT).
The length of MBA courses varies depending on the type of course, and students can pursue them in a variety of ways, including full-time regular MBA, distance MBA, online MBA, executive MBA, and integrated MBA. In order to help people improve their skills, many schools have recently begun to offer short-term management courses. Popular options include Management Development Programs and Sports Management. 

The top IIMs, such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and IIM Indore, as well as other universities like XLRI Jamshedpur, FMS, and ISB, offer MBA programs to candidates. Depending on the college, the cost of an MBA degree can range from INR 10 lakh to INR 25 lakh. Depending on their area of interest, candidates can pursue an MBA in a variety of specializations, such as operations, finance, sales, marketing, and human resources.

The career prospects following an MBA are extremely promising because these programs are a step up from undergraduate programs. A variety of high-level roles, including those of employee relations manager, product manager, marketing manager, and sales manager, are available to candidates. Many graduates from various backgrounds pursue an MBA because it is a step up from their graduation degree and can open up a world of career opportunities. Students pursuing an MBA often take courses in BTech, BCom, BBA, BA, and BSc.  MBA graduates can expect to make between INR 5 LPA and INR 25 LPA in salary. Top MBA recruiters include Amazon, Flipkart, Deloitte, and Google. 

MBA Courses Details

MBA students have a wide range of career options, after completing 2 years of postgraduate coursework. MBA programs enable students to find employment across a variety of industries and prepare them for leadership roles in the business world.

The MBA course details are displayed in the table below:

The MBA Full Form is Masters in Business Administration. This is a 5-year course that helps the students understand about the foundation of leadership, critical thinking, communication, etc. It was firstly introduced by the Harvard University Graduate School of Administration in 1908.

Know More:

Why Study MBA

MBA is a highly demanded course that is pursued by hundreds of candidates. Furthermore, professionals with MBAs are more confident in their market potential and the abundance of information they can bring to diverse projects. These are just a handful of the reason why most people go for an MBA course.

• A Better Understanding of Global Market

Earning an MBA course connects you with students from all around the world, each with their own professional experience and perspective on the global economy. In addition to academic courses, MBA students can broaden their knowledge of a variety of sectors throughout the world because of the exposure that top colleges provide them.

• Improve your Communication Skill

Professionals must be able to communicate effectively in order to succeed. Communication may be considered a “soft talent” in comparison to “hard skills” such as building a P&L model, but it is no less vital. An MBA course may help you refine your verbal and writing communication abilities, allowing you to properly explain concepts to individuals at all levels of a business, ensuring everyone can work together toward a singular goal.

• Job Opportunities

An MBA course might help set a candidate apart from their colleagues in a highly competitive employment environment. An MBA course can be useful in any field, from energy to consumer items to start-ups. Employers often search for candidates with an MBA to employ or promote because they have talents in marketing and finance that others in the firm may lack. This enables them to get started right away with various projects and assist their firm improve earnings.

• Boost your Professional Network

Completing an MBA course introduces you to a vast network of alumni, allowing you to meet prominent and intelligent people you would not have met otherwise. You will be able to network with other individuals in the classroom and beyond, in addition to being a part of a wider community.

MBA Course Duration

The course duration of MBA varies from 2-5 years. The duration of the programme differs on the basis of the type of the course. Further, the more detail about the MBA course duration is mentioned in the table below: –

MBA Eligibility

The candidates who are interested in pursuing the course of MBA should make sure that they are eligible enough as per the criteria. The MBA Eligibility criteria can be found below: –

• One must have secured a minimum of 50% in their graduation.
• Students must pass an entrance exam such as the CAT, XAT, or GMAT.

MBA courses are postgraduate programs and hence require graduation as a mandate. But there is more to the eligibility criteria that one should know because the eligibility criteria differ according to the type of MBA course, and the colleges offering MBA courses.

The below table highlights the different facets of eligibility criteria one needs to know before taking admission into tier 1, tier 2 and tier 3 MBA colleges –

MBA Admission 2024

All MBA Colleges normally require entrance exams for admission. One of the following test formats may be used for MBA courses:

• National examinations, such as the CAT, MAT, CMAT, or ATMA, administered on behalf of the other participating colleges by a premier national B-school or an apex testing body.
• Institution-level test for admission to its own MBA program. State-level tests administered by a state-level testing body or a premier state.
• B-school on behalf of the other participating colleges in that state, such as MAH-CET, OJEE, KMAT, TANCET, or APICET. These results may occasionally be accepted as a prerequisite by other B-schools as well, such as XAT, NMAT, SNAP, and IBSAT.
• A university-conducted exam for enrollment in MBA programs offered by its affiliated colleges, such as KIITEE, LUMET, and HPU MAT.

Direct MBA Admission Process Without Entrance Exam

While the majority of MBA programs in India require admission through entrance exams such as the CAT, MAT, XAT, or GMAT, some universities also offer direct admission or management quota admission for specific seats.

Direct MBA Admission Eligibility Criteria –

In addition to filling out the application form, candidates must submit all required supporting documentation, including work experience certificates (if applicable), academic transcripts and certificates, and any other documents the school may specify.

State-wise MBA Admission Process

MBA admissions procedures can differ state by state, but they often follow a similar format. Below is a summary of the MBA admissions process by state:

MBA Fees

The MBA Fees ranges from IINR 20, 000 – INR 40 Lakhs. The aspirants of this course must be well-versed with the fee structure. Furthermore, the course fee of MBA varies on the basis of the institute as well as the type of the programme. The MBA Fees in Government College average around INR 20, 000 – INR 1,20,767. The fee in the government colleges is less as compared to the private institutes. The MBA fees in Private Colleges vary from INR 3,40,000 – INR 9,60,000.

Top MBA Entrance Exams 2024 in India

Best MBA programs Aspiring students in India who want to enroll in elite business schools eagerly await entrance exams. These MBA entrance exams are a means of gaining admission to nationally recognized MBA programs. Aspiring MBA candidates should plan ahead and study hard for these tests in order to increase their chances of being accepted into prestigious MBA programs in India.

The list of top MBA degree tests, along with the application deadlines for the forthcoming academic year, is provided below and is valid for admission to different B-schools:

The list of top MBA degree tests, along with the application deadlines for the forthcoming academic year, is provided below and is valid for admission to different B-schools:

MBA Recommended Books

Depending on one’s prior education and experience, there are different ways to prepare for MBA courses. Nonetheless, a general list of books that are recommended reading prior to enrolling in MBA courses is provided below:

MBA Cutoff 2023

MBA cutoffs can change from year to year based on various factors, so it’s crucial to rely on the most recent and official information from the respective institutions. Candidates can check the MBA cutoff 2023 for CAT and MAH MBA CET in the tables given below –

CAT Cutoff for MBA IIM Admission –

There may be variations in the CAT cutoff percentile for MBA admission to different IIMs from year to year. The lowest percentile a candidate must achieve on the CAT to advance to the next round of the selection process, which usually consists of personal interviews (PI), written ability tests (WAT), and group discussions (GD).

The table below shows the CAT cutoff for MBA admission to IIMs for candidates –

MBA Courses: List

There are majorly 6 types of MBA courses, ie, Full time, Part Time, Distance, Online, Executive, and Integrated. The candidates can pursue the courses as per their comfort. To know in detail about all the courses, kindly refer to the table below: –

1. LPU 2025 | Admissions Open for All Courses 2025. Apply Now 

2. CGC LANDRAN  B.Tech 2025 | Admissions Open for All Courses 2025. Apply Now

3. UPES Dehradun | Admissions Open for All Courses 2025. Apply Now

4. Parul University | Admissions Open for All Courses 2025. Apply Now

5. Chandigarh University 2025 | Admissions Open for All Courses 2025. Apply Now

6. CGC JHANJHERI 2025| Admissions Open for All Courses 2025. Apply Now

7. JIMS Rohini 2025, Delhi | Admissions Open for All Courses 2025. Apply Now

8. Amity university  2025 | Admissions Open for All Courses 2025. Apply Now

9.MMU MULLANA  | Admissions Open for All Courses 2025. Apply Now

1. Full Time MBA Course

A full-time MBA (Master of Business Administration) degree is a general management degree that aims to provide students with a deep understanding of how businesses run and how business executives rise to meet ever-changing conditions and problems.

Regardless of where a student studies, the core (mandatory aspects) of an MBA programme will nearly always contain courses in finance, marketing, strategy, human resources, and operations management. Moreover, the colleges offering Full Time MBA Course is mentioned below: –

• IIM Ahmedabad
• IIM Bangalore
• IIM Calcutta
• IIM Kozhikode
• IIT Delhi
• IIM Indore
• IIM Lucknow
• Xavier Labour Relations Institute (XLRI)
• IIT Kharagpur
• IIT Bombay

2. Part – Time MBA Course

Many institutes offer normal full-time MBA or PGDM degrees, however not everyone can study management programmes through regular classroom learning style, with programme duration of two years. Part-Time MBA is an excellent option for students to accomplish their MBA dreams.

As a result, numerous MBA institutions in India are now providing part-time MBA courses. Part-Time MBA courses are rapidly expanding in India, and the Best Part Time MBA Degrees in India 2019 are now provided by MDI, IMT, Symbiosis, and NMIMS, among others. Furthermore, Part Time MBA from IIMs has enhanced the notion of completing Part Time MBA Courses. The below mentioned is the list of the colleges that offer Part Time MBA:-

• MDI Gurgaon
• IMT Ghaziabad
• JBIMS Mumbai
• NMIMS Mumbai
• LBISM New Delhi

3. Distance MBA Courses

Below is the list of most preferred colleges for Distance MBA Courses

• Symbiosis Centre For Distance Learning
• Indira Gandhi National Open University
• L.N. Wellingkar Institute of Management
• ICFAI University
• Amity University

4. Online MBA Course

Because of its ease and flexibility, this is now the most common method of MBA education. Lectures are delivered via video conferencing in Online MBA courses, while notes, examinations, and assessments are stored in a Learning Management System (LMS). Because there are no actual courses in Online MBA, one can study in one location while living in another.

There are also no attendance restrictions because the lectures are recorded and preserved in the LMS. In India, there are over 170 Online MBA colleges, the majority of which are private universities. Listed below are the most preferred colleges for online MBA

• AMITY University
• Bangalore University
• Jain University Online
• Annamalai University Online
• ICFAI University
• DY Patil University Online
• Bharathidhasan University Online
• Manipal University Online
• Indira Gandhi Nantional Open University Online
• NMIMS University Online

5. Executive MBA Course

This programme is solely for working professionals with more than five years of experience. The curriculum is identical to that of a Full-Time MBA course, however it is shorter in duration (15 to 19 months). Executive MBA courses are costly, and some employers offer applicant sponsorship. Listed below are the Top 10 Colleges for Executive MBA Courses

• Indian Institute Of Management Ahmedabad
• Indian School of Business
• Indian Institute of Management, Bangalore
• IIM Calcutta
• Xavier School of Management, Jamshedpur
• IIM Lucknow
• Faculty of Management Studies
• IIM Kozhikode
• IIM Indore
• Indian Institute of Foreign Trade

6. Integrated MBA Course

The Integrated MBA course, also known as the IPM (Integrated Programme in Management), is a five-year curriculum that integrates undergraduate (BBA) and postgraduate (MBA) studies (MBA). It is one of the most sought-after programmes in which students may enter immediately after graduating from high school. The below mentioned is the list of the best colleges offering Integrated MBA course: –

• Indian Institute of Management, Ranchi (IIM Ranchi)
• Indian Institute of Management, Jammu (IIM Jammu)
• Indian Institute of Management, Bodh Gaya (IIM Bodh Gaya)
• Indian Institute of Management, Rohtak (IIM Rohtak)
• Indian Institute of Management, Indore (IIM Indore)
• Xavier University
• Narsee Monjee Institute of Management (NMIMS)
• Nirma University Institute of Management
• SRM Institute of Science and Technology
• NIIT University

MBA Colleges

There are several colleges in India that offer the MBA Course. The MBA Colleges in India are listed in the table below: –

More about Top MBA Colleges in India: –

MBA Colleges in India: With Low Fees and High Packages

MBA Colleges in India: State-Wise

The list of the MBA state-wise colleges in India is mentioned below: –

MBA Colleges in Delhi: –

1. LPU 2025 | Admissions Open for All Courses 2025. Apply Now 

2. CGC LANDRAN  B.Tech 2025 | Admissions Open for All Courses 2025. Apply Now

3. UPES Dehradun | Admissions Open for All Courses 2025. Apply Now

4. Parul University | Admissions Open for All Courses 2025. Apply Now

5. Chandigarh University 2025 | Admissions Open for All Courses 2025. Apply Now

6. CGC JHANJHERI 2025| Admissions Open for All Courses 2025. Apply Now

7. JIMS Rohini 2025, Delhi | Admissions Open for All Courses 2025. Apply Now

8. Amity university  2025 | Admissions Open for All Courses 2025. Apply Now

9.MMU MULLANA  | Admissions Open for All Courses 2025. Apply Now

MBA Colleges in Mumbai

MBA Colleges in Bangalore

MBA Colleges in Kolkata

MBA Colleges in Hyderabad

MBA Colleges Application Process: Step by Step Guide

• Know your MBA entrance exam Application starting date and Deadlines.
• Go to the official college website or the entrance exam page and fill the application form.
• Sign up for the MBA Entrance Exams.
• Double check and submit your applications.
• Repeat the same process to apply for other colleges offering a MBA course.

MBA: Courses After 12th

While MBA courses typically require a bachelor’s degree for admission, there are some integrated programs that allow students to pursue an MBA directly after completing their 12th grade. Here is a list of integrated MBA courses that can be pursued after 12th:

• Integrated MBA in Business Administration
• Integrated MBA in Finance
• Integrated MBA in Marketing
• Integrated MBA in Human Resource Management
• Integrated MBA in Operations Management
• Integrated MBA in International Business
• Integrated MBA in Entrepreneurship
• Integrated MBA in Information Technology
• Integrated MBA in Supply Chain Management
• Integrated MBA in Healthcare Management
• Integrated MBA in Hospitality and Tourism Management
• Integrated MBA in Retail Management
• Integrated MBA in Communication Management
• Integrated MBA in Sports Management
• Integrated MBA in Agribusiness Management

MBA Courses Abroad for Indian Students

MBA Scholarships

There are a number of colleges that offer scholarships for the course of MBA. Furthermore, the MBA scholarships are awarded on various bases. It can involve merit based, on the basis of the need of the student or category. 

The scholarships are generally awarded to support the candidates who hail from financially weak backgrounds. The authority that sets the minimum grade point for the scholarships is the Financial Aid and Awards Committee of the respective institute. Moreover, the detailed information about MBA scholarships as per different colleges is mentioned in the table below:-

1. LPU 2025 | Admissions Open for All Courses 2025. Apply Now 

2. CGC LANDRAN  B.Tech 2025 | Admissions Open for All Courses 2025. Apply Now

3. UPES Dehradun | Admissions Open for All Courses 2025. Apply Now

4. Parul University | Admissions Open for All Courses 2025. Apply Now

5. Chandigarh University 2025 | Admissions Open for All Courses 2025. Apply Now

6. CGC JHANJHERI 2025| Admissions Open for All Courses 2025. Apply Now

7. JIMS Rohini 2025, Delhi | Admissions Open for All Courses 2025. Apply Now

8. Amity university  2025 | Admissions Open for All Courses 2025. Apply Now

9.MMU MULLANA  | Admissions Open for All Courses 2025. Apply Now

What After MBA?

There are various job and career that one can follow depending on their interest after completing their MBA courses. Private equity, investment banking, management consulting and others are few examples of careers that an individual can opt for after their MBA.

• Banking and Finance

If you are skilled at security and investment research, portfolio management, and so on, banking and finance might be a good fit for you. MBA graduates can find employment in banks, insurance companies, security firms, and other financial institutions both in India and overseas.

Bank positions are accessible in both governmental and private institutions. Students must pass the recruitment examinations administered by the different banks in order to work in public sector banks. Students seeking positions in private banks must go through a bank-led selection procedure that includes group discussions, personal interviews, written aptitude tests, and so on.

• Investment Banking

An MBA career in investment banking is in great demand. If you believe you are competent at making financial decisions and know how to generate a successful return on investment, investment banking should be a career option for you. Employees in this sector are responsible for connecting investors with groups in need of financing.

• Management Consulting

Management consulting is the ideal employment after an MBA if you are strong at problem solving. Management consulting specialists are responsible for resolving organisational issues.

You will also be in charge of implementing innovative ideas and problem-solving strategies. Your managerial abilities will come in handy in this career, and you will be able to put what you learned while studying for an MBA to use.

• Entrepreneurship

Starting your own firm is the finest job option following an MBA. One of the primary aspirations of many MBA students is to become entrepreneurs. Indeed, being an entrepreneur has become one of the most popular alternatives for MBA graduates.

MBA courses not only improve your business management abilities but also your creative and imaginative thinking. After earning an MBA, you may use all of these concepts to your own firm and become an entrepreneur.

• Data Analyst

As technology advances and the digital world enters the corporate sector, the demand for data analysts has skyrocketed. Data analysts are needed in a variety of areas, including retail, management, e-commerce, finance, and information technology. Several management schools also provide expertise in data analytics, which opens up numerous opportunities for a job following an MBA.

• Private Equity

Similar to investment banking, a person’s investing abilities and expertise are important in a job profile linked with private equity. Fullerton, Fidelity Investments, Axis Securities, JP Morgan Chase, Kotak Wealth Management, Bajaj, ICIC Prudential Asset Administration, India Bulls Housing Finances and others are among the renowned businesses that provide job after MBA for private equity roles.

Also Read: Why MBA Grads are Opting for ACCA Course

MBA Career Options

MBA is more than simply a course,it refines and rebuilds your complete personality, beginning with improving your interpersonal skills to developing your hidden abilities. Furthermore, you will improve your presenting abilities, encounter real-world business challenges, and acquire a problem-solving approach.

Both the PGDM and the MBA course provide about the same employment options. As there is no significant difference between the two, both diplomas and degrees qualify you for the same profession after completing a PGDM or MBA. Both courses have nearly identical curriculum. MBA courses are linked with institutions, they follow a rather strict study schedule. However, PGDM programmes at business schools feature a flexible curriculum that is tailored to market trend.

Also Read: CA Salary In India in 2024

MBA Best Career Choices

Are you wondering what you should do following your MBA? After an MBA, you can take a variety of short-term courses to build competence in a lucrative industry. Here are the top 5 short-term MBA courses list :

• Financial Risk Management [FRM]
• Doctor of Business Administration
• Certified Information Systems Auditor (CISA)
• Chartered Financial Analyst [CFA]
• Ph.D. in Management

MBA Salary in India

MBA Salary in India: Specialization Wise

Choosing a specialized field is recommended as it helps a student to gain in-depth knowledge related to the area of specific interest.

MBA: Top Recruiters

Below mentioned is the list of the top recruiters in MBA:-

MBA: Private Recruiters

• Deloitte
• ITC
• Tata
• HDFC
• Larsen & Toubro
• Microland
• ICICI Bank
• EXL
• Accenture
• JP Morgan Chase & Co.
• HSBC
• Amazon
• Mahindra
• Goldman Sachs
• Wipro
• McKinsey & Company
• Nestle
• Aditya Birla Group
• Reliance
• Vodafone
• Microsoft

MBA: Government Recruiters

• RBI
• Bharat Electronics Limited
• IBPS
• Engineering Projects India Limited
• IIT Kharagpur
• City Union Bank
• Coal India Limited
• SBI
• Central Bank of India
• NABARD Consultancy Services
• National Housing Bank
• Bank of Baroda