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Master of Business Administration [MBA]: Courses, Colleges, Fees, Admission 2023, Entrance Exam, Subjects, Jobs

Master of Business Administration [MBA] - Latest Notifications

  • 21 January, 2023 : Jammu University MBA (IB) Admission 2023-25 Open; Apply till January 31
  • 21 January, 2023 : JNU MBA Admission 2023 Open: Last Date to Apply is March 15
  • 21 January, 2023 : NMIMS Interview Shortlist Call Out: Check Details Here
  • 21 January, 2023 : IIM CAP 2023 Registration extended till Jan 22, Apply Now
  • 20 January, 2023 : IIT Guwahati MBA Admission 2023-25 Open: Apply till February 20, 2023

Master of Business Administration [M.B.A] is a 2 year professional postgraduate course providing business knowledge, professional networking and management skills. MBA course is the epitome of theoretical and practical knowledge about business administration. Students learn about management, finance and workforce management of a company or organization. Types of MBA courses are 2 Year Full time course, Distance MBA, Online MBA and Executive MBA. Check: CAT Question Paper 

MBA Admission 2022-23 takes place through Entrance Exams like CAT, MAT, XAT, GMAT, MAH MBA CET etc. and personality tests in the form of GD or PI. Top colleges like IIMs, FMS Delhi, XLRI takes GD/PI before admission. GMAT is beneficial for students who want to study MBA courses in foreign countries. Check: MBA Entrance Exams 

The typical MBA eligibility criteria are Graduation with 50% in any stream. MBA entrance Exams like CAT, SNAP and NMAT require students to have at least 50% in graduation. Learn More: MBA Admission without Entrance Exam

MBA Fees depend on a lot of factors like the type of MBA course, type of college, location of the college and the quality of the faculty. MBA Course Fees in IIMs range from INR 11,75,000 to INR 24,50,000. MBA Fees in Tier 1 Private Colleges range from INR 5,00,000 to INR 36,29,000. Check: MBA Colleges in India along with Fees 

India is home to more than 5000 MBA Colleges. There are more than 200 MBA colleges each in Bangalore, Pune and Hyderabad. There are more than 125 MBA colleges in Mumbai and 130 MBA colleges in Delhi. There are about 500 Distance MBA Colleges in India.  

What is MBA Course?

MBA is an academic course that is popular among students from all backgrounds like Science, Commerce, Engineering and Humanities. Full Time MBA is the most popular MBA Type. Students straight out of Bachelor's degrees, as well as students with work experience, will find Master of Business Administration courses helpful in their careers. MBA provides management skills useful in every industry. Students aspire to have management roles after their MBA.

MBA Course Details

  • MBA Full Form: Master of Business Administration
  • MBA Course Level: Post Graduation Degree Course
  • Types of MBA: Full Time MBA, Online MBA, Executive MBA, Distance MBA, Integrated MBA
  • Duration of MBA: Full Time MBA: 2 Years; PGDM (MBA equivalent): 2 Years; Online MBA: 1-4 Years; Distance MBA: 2-5 Years; Integrated MBA: 5 Years
  • MBA Admission Process: Entrance Exam followed by Group Discussion and Personal Interview
  • Top MBA Entrance Exams: CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT
  • MBA Eligibility: 50% in Graduation
  • Top MBA Colleges: There are more than 3000 MBA Colleges in India. Top MBA Colleges in India include IIM Ahmedabad, IIM Calcutta, IIM Bangalore, IIM Lucknow, SPJIMR Mumbai, XLRI, FMS Delhi, IIM Indore, IIM Kozhikode
  • MBA Fees: INR 5,00,000 – INR 18,00,000
  • Top MBA Specializations: MBA Finance, MBA in Hr, MBA Marketing, MBA Operations, MBA Digital Marketing, MBA Supply Chain Management, MBA Healthcare Management
  • MBA Scholarships: IDFC First Bank MBA Scholarship, Aditya Birla Scholarship, Yes Bank scholarship, India Carbon Scholarship, P.R. Karthik Scholarship

MBA Course Highlights

  • MBA course is the most popular postgraduate course that is open to students from all streams like Science, Commerce and Humanities.
  • MBA courses are available in various types and each type has its own characteristics like duration, medium, depth etc.
  • The same 2 year MBA course has various names in various colleges. IIMs provide a PGPM course that is equivalent to a regular Master of Business Administration. PGDM is also equivalent to MBA if the college is approved by AICTE.
  • The full time regular 2 year MBA course is the most popular type of MBA course and provides the best returns as compared to others. Other MBA Types are Distance MBA, Online MBA, 1 Year MBA.
  • Work experience is not mandatory for students but is a bonus.

MBA Syllabus

MBA Syllabus can be divided into 4 semesters. The MBA Syllabus is curated according to industry standards and helps the student get proper placements. The first semester and second semesters deal mostly with theory and core subjects in MBA courses. There is a compulsory internship in the 4th semester.

MBA Subjects

MBA Semester wise Subjects will give students a basic idea of the subjects they will study in the 2 years of MBA. MBA Subjects deal with everything related to running a business and managing teams. The MBA Semester Wise syllabus is mentioned below:

MBA Subjects in 1st SemesterMBA Subjects: Semester 2
Corporate Social ResponsibilityMacroeconomics
MicroeconomicsBusiness Law
Principles of Marketing ManagementOperations Management
Principles of AccountingOptimization and Project Research
Tools and Framework of Decision MakingCorporate Finance
Quantitative Methods and StatisticsProject Management
Business Communication and Soft SkillsMarketing Management
Organisational Behaviour 1Organisational Behaviour 2
MBA 3rd Sem SubjectsMBA Subjects: Semester 4
Supply Chain ManagementProject Study
Financial ModellingInternational Business Environment
Strategic ManagementStrategic Management
Business IntelligenceElective Course
Marketing Research-
Managerial Economics-
Corporate Governance and Business Ethics-
Corporate Finance 2-

What are the MBA Specializations?

MBA Finance, MBA HR, MBA Marketing, MBA IT is the top MBA Specialisations. Apart from regular MBA courses, students can pursue a Master of Business Administration in the following specializations. MBA specializations help students to become an expert in a particular field such as “marketing” or “finance” and get better career prospects after graduation. It is recommended to pursue MBA in a particular specialization for better job opportunities. 

MBA SpecializationDescriptionTop Colleges
MBA FinanceMBA Finance focuses on building skills and knowledge related to Finance, Audit, economics, Equity, stock market, mergers etc. Students learn to manage and strategize investment opportunities with the view of earning greater returns.SP Jain Mumbai, Xavier Institute of Social Service Ranchi, Taxila Business School Jaipur [See More]
MBA Supply chain ManagementMBA Supply Chain Management teaches students to develop management skills to run strong supply chain networks. Students learn to plan the supply of products or resources in the most efficient way.S. P. Jain Institute of Management & Research, Amity University, Noida Kalinga Institute of Industrial Technology [See More]
MBA HRMBA HR provides training and education on recruiting new human resources and maintaining a healthy and efficient atmosphere inside the officeIIT Kharagpur, IIT Rorkee, NIT Trichy [See More]
MBA International BusinessMBA in International Business is designed to impart knowledge about Foreign Policies, Trade, Foreign Investments, Export Management, Forex Risk Management. It deals with managing investment opportunities in markets of other countries.Indian Institute of Foreign Trade (IIFT), Delhi Indian Institute of Foreign Trade (IIFT), Kolkata Symbiosis Institute of International Business (SIIB) Pune [See More]
MBA Digital MarketingMBA Digital Marketing teaches students about the art and knowledge of marketing on digital platforms like Google, and Youtube and also social media platforms like Facebook, Instagram etc. They have the skills to analyze data obtained from each campaign to formulate and make more impactful marketing techniques.Indian Institute of Digital Education Mumbai, IIKM Business School Chennai, RVS Institute of Management Studies and Research Tamil Nadu [See More]
MBA MarketingMBA Marketing focuses on marketing practices as a whole that include both digital and conventional ways of marketing.Symbiosis, IIT Kharagpur, ICFAI, TA Pai Management [See More]
MBA Operations ManagementMBA Operations Management focuses on managing operations in general. These skills can be useful in various fields. It provides knowledge in planning, organizing and supervising the launching of products or services.Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Symbiosis Institute of International Business Pune [See More]
MBA EntrepreneurshipIt helps students with business ideas to start their own business by providing entrepreneurship-focused classes like Generating new start-up and venture ideas, New venture feasibility, Financing, managing, and marketing new ventures etcJamia Millia Islamia University, Amity University, NMIMS Mumbai [See More]
MBA ITMBA in IT helps to manage IT companies including their recruitment process. It becomes necessary for HR to have good knowledge of IT.Hitkara University, BIT Mesra, ITS Ghaziabad [See More]
MBA Banking and FinanceMBA in Banking and Finance delves deep into the world of finance with special emphasis on the roles of banks in this sector. Students learn how to analyze financial statements with a better understanding of financial forecasting.Amrita School of Business Coimbatore, NDIM New Delhi, IMT Nagpur [See More]
MBA Hotel ManagementMBA Hotel Management focuses on creating skilled individuals for the hotel industry. The main focus is to teach manners and skills to provide guests with a good experience.Annamalai University, Jaipur National University, Kurukshetra University [See More]

Why MBA?

Master of Business Administration is the most straightforward way to accelerate your career. Students focus on the placement opportunities that come after completing an MBA degree. As the world is becoming more and more competitive it is becoming necessary to have managerial skills and knowledge. This will help an individual, lead a team in a field where he/she is an expert. Check: Why MBA?

  • Different MBA Formats are Available: Students gave the option of going for Distance MBA, Online MBA or even Part Time MBA course. Due to the high demand for MBA, colleges have introduced different kinds of MBA courses for people coming from different scenarios. Online MBA and Distance MBA are a boon for working individuals who cannot leave their work. Executive MBA helps individuals with high knowledge in a subject matter to gain managerial expertise. 
  • Developing Managerial Skills: The syllabus of the Master of Business Administration focuses on providing knowledge and case studies that help manage a firm or company. It includes accounts, financial management, leadership skills, marketing knowledge and much more.
  • Diversify your Career Prospects: There are various MBA Specializations that help students to focus on any particular segment of business management. Specializations in MBA courses include MBA Finance, MBA HR, MBA Marketing, MBA Business Analytics, MBA IT etc.
  • High Placement and Salary: According to reports almost every student gets a hike after doing an MBA course. Colleges provide placement opportunities to students where students get a chance to choose from their dream companies. The average MBA Salary ranges from INR 7,00,000 to INR 9,00,000 which may rise to INR 15,00,000 to INR 20,00,000 depending on the college.
  • Building Connections: Apart from the placement opportunities the college also provides a platform to interact with other students or alumni. These connections help students to get into the companies they like or get the salary they want. See: MBA Dream companies.
  • Entrepreneurial Opportunity: Students get the knowledge of running a business. This is very helpful for students who have a family business. MBA will help the smooth running of the business with better returns. Check: MBA for students with Family Business

MBA Admission Process 2023

MBA Admission takes place through Entrance exams. MBA colleges accept multiple entrance exams for Admission. Thus students have the option of sitting for multiple entrance exams and submitting the mark sheet having the best scores.

Exam TypeDescriptionExam Name
National Level TestsConducted by 1 apex body or a top national level institute on behalf of many other participating colleges.CAT, MAT, CMAT, ATMA
State Level TestsConducted by state body or top B-school of a state conducting the exam for all participating colleges in a state.MAH-CET, OJEE, KMAT, TANCET or APICET
Institute Level TestsThe tests are conducted by a specific college for Admission in their MBA courses. Sometimes these scores may be accepted by other MBA Colleges in India as well.XAT, NMAT, SNAP, IBSAT

How to Apply for MBA Admission in 2023?

Students need to follow a series of steps in order to take admission in MBA. The process starts with finding the right time to do an MBA. The entrance exam for admission will take place a few months before the course starts. 

Step 1: Apply for MBA Entrance Exams

It is advisable for students to apply for multiple entrance exams. The students must apply for the exam after checking the eligibility criteria for that exam. The registration dates open a few months before the exam. The registration dates start to open in August each year.

Step 2: Prepare and Sit for the Entrance Exams

After applying for the exams the students must start preparing. Most of the exams take place between November and January every year. Thus students will get around 2-3 months between registration and the day of the exam.  Check: MBA Entrance Exams

Step 3: Results and College Cut Offs  

The results of all the exams will not release at the same time. Thus students need to wait for every entrance exam score before deciding which college to choose. Students will start getting phone calls from colleges and various agents after the release of the top MBA entrance exams mainly CAT. It is always better to contact the college directly. 

Step 4: Applying to Colleges

Students need to check the cut off declared in the colleges they want to go to. Students must avoid agents since they are not very honest. Students go to the colleges to see before taking admission. Most of the exam scores are valid for 1 year. Check: Top MBA Colleges in India

Step 5: Shortlisting of Candidates for GD/PI

Students who clear the initial hurdles of eligibility and college cut offs must sit for group discussions and Personal interviews for better evaluation. Students are required to stay updated with recent events and form opinions about them for the GD round. During the personal interviews, students come face to face with department heads and other teachers. Check: MBA GD Topics

Step 6: Declaration of Final Merit List and Waiting List

Since it is normal for students to sit for multiple entrance exams then it is also expected that the same student will apply for multiple colleges. Students will wait for the Final merit List to decide which college to choose. Students will face a situation where they might get admission to an average college but are on the waiting list for top colleges. Students must be patient as various students from the waiting list get admission to the college in the lists that are released later.

MBA Eligibility

MBA qualification depends on the eligibility criteria mentioned in the MBA entrance exams. There are slight variations in the eligibility criteria for each MBA Entrance exam. After clearing the Exams, students will face a different set of qualification criteria from the MBA Colleges they are applying for. The basic MBA Eligibility criteria are mentioned in the bullets below:

  • Students must complete their graduation in any stream from a recognized university in order to study MBA courses. Learn More: Distance MBA Eligibility
  • They must have a minimum of 50% in graduation in order to study MBA Courses. Top institutes like IIMs and IITs ask for 60% in graduation. Learn More: Online MBA Eligibility
  • Students belonging to reserved categories like OBC, SC and ST get 5% relaxation in the percentage asked in some colleges for MBA courses. Learn More: Executive MBA Eligibility
  • For the students belonging to the reserved category the minimum eligible score is 45%.
  • Students in the Final year of their graduation are eligible to apply. They must provide proof of their completion of graduation within the date specified by the college.
  • Master of Business Administration can be pursued by professionals having CA/CS/ICWAI certification. 

MBA Entrance Exam

CAT, MAT, XAT, GMAT, etc are the most popular entrance exams in India. CAT score is the most important entrance exam for MBA Admission in India. Other entrance exams for MBA courses are mostly limited to a particular institute or state. The following table mentions the application deadlines for the MBA entrance exam for the academic year 2022. 

Exam NameRegistration DateExam DateResult Date
MAH CETMarch 2023 – May 2023August 2023September 2023
ATMADecember 24, 2022 – February 17, 2023

February 25, 2023 (February session)

May 28, 2023 (May session)

July 23, 2023 (July session)

March 2, 2023 (February session)
CATAugust 3, 2022 – September 14, 2022November 27, 2022December 21, 2022
CMATDecember 26, 2022 – February 25, 2023March 26, 2023April 28, 2023
GMATThroughout the yearThroughout the yearDepending on the Exam
MAT

PBT Mode: February 14, 2023 (Last Date)

CBT 1 Mode: February 21, 2023 (Last Date)

CBT 2 Mode: February 27, 2023 (Last Date)

PBT Mode: February 19, 2023

CBT 1 Mode: February 26, 2023

CBT 2 Mode: March 4, 2023 

To be Announced
NMATAugust 1, 2022 – October 10, 2022October 10, 2022 – December 19, 2022Within 48 hours of exam delivery
SNAPAugust 4, 2022 – November 24, 2022December 10, 2022
December 18, 2022
December 23, 2022
January 10, 2023
XATAugust 10, 2022 – December 12, 2022January 8, 2023Fourth week of January 2023

What are the Types of MBA Courses?

Owing to the high demand for MBA courses, various Types of MBA have emerged, each focusing on a distinct sort of student. Traditionally Full Time 2 year MBA has been the most popular option and still is, but with time new trends are emerging as Online MBA, distance MBA and also Executive MBA is finding new takers. The various types of MBA courses are mentioned below:

Types of MBAEligibilityMBA DurationTop CollegesFees (INR)
Full Time MBABachelor's degree with 50%2 YearsCheck Top College1,20,000 - 23,00,000
Executive MBABachelor’s Degree + Work Experience15-18 MonthsCheck Top College15,00,000 - 27,00,000
Distance MBABachelor's degree2-5 YearsCheck Top College40,000 - 70,000
Online MBABachelor’s Degree1-3 YearsCheck Top College40,000 - 50,000
1 Year MBABachelor’s Degree with 5-10 Years of Work Experience1 YearCheck Top CollegeINR 7,00,000 - 24,00,000

MBA jobs such as Investment Banker, Project Manager, Consulting, and Marketer Manager are some of the highest paying job positions in India. The average salary of an MBA graduate in India is between INR 5 LPA - 20 LPA per annum. MBA jobs are available in leading sectors such as Finance, Sales, Marketing, HR, and more. 

As of 2022, the average to the highest annual salary of an MBA in Marketing graduate ranges from INR 7 to INR 25 lakh. The main employers are marketing agencies, FMCG brands, E-commerce brands, retail brands, and entertainment and financial firms. Jobs for MBA freshers bring a starting salary of INR 50,000 per month which will rise will experience. See Also: MBA Starting Salary in India

Students get the opportunity to get placed in diverse sectors and top companies through MBA Placements after successful completion of the MBA course. Top MBA Colleges in India like IIM Ahmedabad, IIM Bangalore, IIM Calcutta, etc. offer placement after an MBA with an average CTC of INR 15 LPA - 20 LPA. Salary after MBA depends on the specialization chosen. Check MBA Salary as per Specialisation

MBA Jobs

The average MBA salary in India ranges between INR 3 LPA to INR 9 LPA per annum for freshers. For employees with 1-3 years of experience, one can expect an MBA salary between INR 5 LPA - INR 19 LPA per annum. Companies paying the highest salary for MBA jobs in India are Deloitte, Boston Consulting, Citibank, HSBC, Citibank, HSBC, etc. 

SectorAverage MBA Salary
HealthcareINR 5 LPA - INR 12 LPA
FinanceINR 7 LPA - INR 12 LPA
AccountingINR 5 LPA - INR 10 LPA
Operations & Project ManagementINR 9 LPA - INR 14 LPA
IT ManagementINR 10 LPA - INR 16 LPA
e-BusinessINR 6 LPA – INR 9 LPA
International BusinessINR 7 LPA – INR 9 LPA
Real EstateINR 5 LPA – INR 8 LPA
FashionINR 8 LPA – INR 12 LPA
Sales and MarketingINR 8 LPA - INR 16 LPA
AirlinesINR 5 LPA – INR 8 LPA

MBA Jobs in India

The MBA salary is entirely dependent on how current and upskilled the individual is. A graduate's MBA starting salary in today's job market is INR 4 LPA per year. The highest-paying jobs after MBA typically pay between INR 4 LPA and INR 32 LPA per year, depending on the domain and specialization. MBA Jobs mainly consist of various managerial-level jobs.

Job Role>ExperienceSalary
Project Manager0-3 YearsINR 5 LPA to INR 5.5 LPA
3-5 YearsINR 5.5 LPA to INR 7 LPA
5+ YearsINR 7 LPA to INR 10 LPA
Hotel Manager0-3 YearsINR 4 LPA to INR 5 LPA
3-5 YearsINR 5 LPA to INR 6 LPA
5+ YearsINR 6 LPA to INR 8 LPA
Business Development Manager0-3 YearsINR 4.2 LPA to INR 5 LPA
3-5 YearsINR 4.7 LPA to INR 7.8 LPA
5+ YearsINR 8 LPA to INR 12 LPA
Airport Manager0-3 YearsINR 4 LPA to INR 4.8 LPA
3-5 YearsINR 4.5 LPA to INR 5 LPA
5+ YearsINR 5 LPA to INR 8 LPA
Financial Manager0-3 YearsINR 5 LPA to INR 7 LPA
3-5 YearsINR 7 LPA to INR 10 LPA
5+ YearsINR 10 LPA to INR 15 LPA
Brand Manager0-3 YearsINR 4 LPA to INR 4.5 LPA
3-5 YearsINR 4.5 LPA to INR 6 LPA
5+ YearsINR 6 LPA to INR 7 LPA
HR Manager0-3 YearsINR 4.5 LPA to INR 5.5 LPA
3-5 YearsINR 5.5 LPA to INR 6.7 LPA
5+ YearsINR 6.7 LPA to INR 8 LPA
Bank Manager0-3 YearsINR 5 LPA to INR 6 LPA
3-5 YearsINR 6 LPA to INR 8 LPA
5+ YearsINR 8 LPA to INR 12 LPA
Marketing Manager0-3 YearsINR 4 LPA to INR 5 LPA
3-5 YearsINR 5 LPA to INR 6 LPA
5+ YearsINR 6 LPA to INR 7 LPA

IIM Salary

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, and IIM Lucknow are the top IIMs in India, in terms of the average placements and placement records. These are the best institute for MBA students in India. 

The average IIM package after getting Management jobs can go up to INR 32 LPA per annum. Top IIM MBA recruiters include McKinsey, JP Morgan, Mastercard, Goldman Sachs, etc. MBA jobs after MBA from IIM range between INR 20 LPA to INR 1 Crore at the starting level. 

NIRF Management RankingsInstituteMean MBA Salary (INR)
1IIM Ahmedabad25 LPA
2IIM Bangalore24 LPA
3IIM Kolkata25 LPA
4IIM Lucknow23 LPA
6IIM Kozhikode23 LPA
7IIM Indore22 LPA
15IIM Tiruchirapalli10 LPA
17IIM Udaipur13 LPA
19IIM Raipur15 LPA
20IIM Ranchi15 LPA
21IIM Rohtak13 LPA
30IIM Shillong17 LPA
33IIM Kashipur13 LPA
40IIM Nagpur13 LPA

MBA Recruiters

Amazon, Apple, BCG, Deloitte, JP Morgan, Microsoft, Morgan Stanley, and others are among the top global recruiters. Top Indian companies, on the other hand, include Tata Consultancy Services, Reliance, Cognizant, Wipro, ICICI Bank, and others. These global MBA recruitment firms arrive at prestigious MBA institutions with the promise of hefty pay packages to recruit skilled and competent professionals for their companies. 

The following organizations are the top recruiters in India that hire MBA graduates. Candidates can secure MBA jobs in the following companies to earn a good salary even as fresher after pursuing MBA courses at Udemy.

RecruitersSalary Package (per year)
TCSINR 2 LPA - INR 4,99,789
AccentureINR 639,264
Ernst & YoungINR 9,90,000 - INR 25,30,000
HDFC Bank Private LimitedINR 2,90,000 - INR 5,30,000
MicrosoftINR 13,90,000 - INR 26,30,000
Aditya Birla GroupINR 10 LPA - INR 25 LPA
CitibankINR 27 LPA - INR 34,50,000
DeloitteINR 23 LPA - INR 28 LPA
CiplaINR 7 LPA - INR 17 LPA
FlipkartINR 12 LPA - INR 13 LPA
RelianceINR 8 LPA - INR 13 LPA
BajajINR 28 LPA
Infosys LimitedINR 20 LPA - INR 35 LPA
AmazonINR 10 LPA - INR 11 LPA
ITCINR 4 LPA - INR 6 LPA
PWCINR 11 LPA - INR 27 LPA
HSBCINR 12 LPA - INR 13 LPA
ICICI BankINR 3,40,000 - INR 8,05,000

Read: Dream Companies of Every MBA Graduate to get Placed In 

MBA Placements

Top MBA colleges are listed below along with the recruiters that participate in the MBA placements, along with the average CTC offered. Graduates from the following colleges can grab great MBA Jobs and can earn a good salary varying between INR 15 LPA – INR 20 LPA. 

MBA CollegesPlacement Package (per annum)
Indian Institute of Management AhmedabadINR 75,20,000
Indian Institute of Management BangaloreINR 80 LPA
Indian Institute of Management CalcuttaINR 87 LPA
Indian Institute of Technology, DelhiINR 1.25 Cr
Indian Institute of Management KozhikodeINR 61 LPA
Indian Institute of Management LucknowINR 58 LPA
Indian Institute of Management IndoreINR 70 LPA
XLRI - Xavier School of ManagementINR 60 LPA
National Institute of Industrial Engineering, MumbaiINR 50 LPA
Indian Institute of Technology MadrasINR 1.98 Cr
Indian Institute of Technology, BombayINR 2.1 Cr
Indian Institute of Technology, KharagpurINR 2.4 Cr
Management Development InstituteINR 1.14 Cr
Indian Institute of Management RaipurINR 40 LPA
Indian Institute of Management RanchiINR 67 LPA
Indian Institute of Management RohtakINR 32 LPA
Symbiosis Institute of Business ManagementINR 45 LPA
Indian Institute of Management TiruchirappalliINR 34 LPA
Indian Institute of Technology, RoorkeeINR 2.15 Cr
Indian Institute of Technology KanpurINR 2.3 Cr

Also Check: MBA That Leads to Good Jobs 

Top MBA Colleges in India with Highest Package

Check out the top MBA colleges in India with the highest placement packages mentioned in the table below along with their highest recorded MBA placement package:

College NameMBA Highest Package
IIM AhmedabadINR 1.32 crore
IIM CalcuttaINR 80 LPA
IIM LucknowINR 54 LPA
IIM IndoreINR 50 LPA
IIM KozhikodeINR 58 LPA
IIM UdaipurINR 40 LPA
IIM RohtakINR 24 LPA
IIM TrichyINR 25 LPA
IIT DelhiINR 33 LPA
IIT BombayINR 32.8 LPA
IIT RoorkeeINR 14.5 LPA
IIT MadrasINR 29.02 LPA
IIT KharagpurINR 29 LPA
NIT TrichyINR 42 LPA
SP Jain MumbaiINR 51 LPA
Narsee Monjee MumbaiINR 58.61 LPA
MDI GurgaonINR 40.5 LPA
Great Lakes ChennaiINR 28.6 LPA
XLRI JamshedpurINR 26 LPA
FMS DelhiINR 58.6 LPA
Symbiosis PuneINR 34 LPA
NITIE MumbaiINR 58.2 LPA
IIFT New DelhiINR 46.45 LPA
IMT GhaziabadINR 58.22 LPA

MBA Jobs for Freshers

MBA jobs for freshers include job roles such as HR Assistant, Finance, or Financial Analyst. The salary of an MBA fresher ranges from INR 3 LPA to INR 9 LPA, which increases with work experience and skills. While some companies prefer MBA freshers, most companies prefer an MBA graduate with at least a year or two of experience along with appropriate MBA Skills.

Also Read: What after MBA?

MBA Finance Jobs for Freshers

MBA Finance has great demand in India. Some of the latest MBA Finance Jobs for Freshers are mentioned below along with other details: 

Company NameSalary (INR)
Randstad India4 LPA - 6 LPA
Winkler EnterprisesNA
SFC Group1,75,000 - 3,75,000
GlobeOp Financial Services2,75,000 - 3 LPA
EmBridge3 LPA

What are the MBA Skills Required for MBA Jobs?

Top MBA skills in demand are teamwork, problem-solving ability, interpersonal communication, adaptability, teamwork, collaborative mindset, strategic thinking, and leadership capability. Apart from knowledge, candidates should have the right MBA skills for a flourishing career after MBA. A few MBA recruiters also ask for technical skills as well, such as cloud computing, UX designing, etc.

 

Also Check MBA Placement Preparation

Jobs after MBA

MBA Jobs are dependent on the specialization chosen by the student while studying MBA. Each MBA specialization offers a world unique to each other. It is very important that the student chooses the specialization carefully. 

MBA Technology Jobs

MBA Technology professionals are responsible for adapting to changes in technology and using it to advance their business and management strategies. Top MBA Technology jobs include Project Management, Network Management, Analytics, IT Security professionals, etc.

The table below mentions the top MBA Job roles after MBA Technology and the average MBA salary offered.

MBA JobsMBA Salary (Fresher)MBA Salary (After 5 years of experience)
Project ManagementINR 6,50,000INR 14 LPA
Network ManagementINR 4,50,000INR 10 LPA
AnalyticsINR 6,25,000INR 15 LPA
IT Security and InfrastructureINR 4,20,000INR 10 LPA

MBA HR Jobs

MBA HR Professionals are responsible for maintaining a cordial relationship between an organization and its employees. MBA HR Jobs include Administration, Employee Relations, Talent and Compensation, Business Partnering, etc. 

The table lists the top MBA HR Jobs along with the average salary.

MBA JobsMBA Salary (Fresher)MBA Salary (After 5 Years Experience)
HR Manager - Talent Acquisition3,50,000INR 7,50,000
HR Manager - Training4,67,000.INR 7 LPA
HR Manager - Compliance4,80,000INR 7,20,000
HR Professor6 LPAINR 8 LPA

MBA Marketing Jobs

MBA Marketing Jobs include Business Developer, Brand and Product Management, Market Research, Account Management, etc.

Below we have described some of the common MBA Jobs profiles available for MBA in Sales and Marketing graduates. People also go for only MBA in Marketing which also provides good job opportunities.

MBA JobsMBA Salary (Fresher)MBA Salary (After 5 Years Experience)
Sales/Business DevelopmentINR 6 LPAINR 8,40,000
Brand & Product ManagementINR 5 LPAINR 10 LPA
Account ManagementINR 5,20,000INR 8,70,000
Market ResearchINR 3 LPAINR 7,30,000

MBA Consulting Jobs

The demand for consultants is rising day by day. They basically help companies in identifying problems, and their perfect solutions, and also to get the best resources available. Below we have described some of the Jobs and opportunities available for aspirants with an MBA in Human Resource Management or other related management degrees.

MBA JobsMBA Salary (Fresher)MBA Salary (After 5 Year experience)
Technology Consulting6 LPAINR 12 LPA
Strategy ConsultingINR 6,80,000INR 13 LPA
HR ConsultingINR 5 LPAINR 10 LPA
Operations ConsultingINR 3 LPAINR 7,40,000

MBA Finance Jobs

MBA Finance has a lot of job opportunities in major cities in India, the salary ranges from INR 3 LPA to INR 5 LPA. MBA Jobs with a Finance specialization provide the best placement opportunities.

Company NameExperience RequiredSalary (INR)
Paperpedia Pvt Ltd1-5 years4 LPA – 4,50,000
Wisdom Bridge0-2 years2 LPA – 3 LPA
Jai Matadi Parivahan3-8 years4 LPA – 7 LPA
IIBM0-5 years2 LPA – 5 LPA
Enbridge0-3 years3 LPA
Creative HandsFresher3 LPA – 6 LPA
Digificial Solutions2 years1 LPA – 3 LPA
M/S Heidrick Resources2-4 years1 LPA – 3 LPA
ACME Services1-3 years9 LPA-11 LPA
Anand Rathi Shares Stock Brokers0-2 years50,000 – 1,50,000

MBA in Finance Salary

A career in finance can definitely be rewarding for you if you have the appropriate skills and knowledge. Below we have described some of the common MBA job profiles for those who have an MBA in Finance. 

Job PositionJob DescriptionAverage Salary
Operations ManagerAn Operations Manager is responsible for the smooth functioning and running of the Operations dept of the company.INR 7 LPA
Relationship ManagerA Relationship Manager is responsible for the overall relationship of the company in terms of business and finance.INR 5 LPA
Business AnalystA Business Analyst provides suggestions based on the insights from the data for the increased financial gain of the company.INR 6 LPA
Accounting ManagerThe Accounting Manager can be considered the head of the accounts dept in a company where he oversees the smooth running of the company in terms of accounts and money.INR 7 LPA
Financial AnalystA Financial Analyst usually improves the financial status of the company by various means in order to gain profitability and gain in the business.INR 4 LPA
Bank ManagerA Bank Manager is responsible for overall supervising and managing the bank in all the departments.INR 7 LPA
Chief Financial Officer (CFO)A CFO is the most important position in any company. He/she manages the company or organization's finances and is responsible for financial reporting.INR 20 LPA
Finance ManagerA Finance Manager is responsible for reviewing financial reports, monitoring accounts, and preparing activity reports and financial forecastsINR 9 LPA
Management ConsultantA Management Consultant usually provides insights and guides in the process of managing business and taking it forward.INR 11 LPA
Corporate ControllerA Controller is an important position in a big company and is mainly responsible for the accounting operations of the company.INR 12 LPA

MBA Finance Scope

MBA Finance graduates usually find employment in organizations that require maintaining a balance of capital in all sectors. HDFC, HSBC, ICICI, Genpact, E&Y, Morgan Stanley, Lehman Brothers, BCG, Barclays, etc. are some of the top recruiters of MBA Finance. Some of the popular working areas for Finance Graduates in an organization are

  • Asset Management
  • Credit Risk Management
  • Derivative Structuring
  • Hedge Fund Management
  • Private Equity
  • Treasury
  • Corporate Finance and Corporate Banking

There is a huge demand for professionals with a finance management background because every company wants financial intelligence and stability in their company to grow their business and maintain profitable records. MBA Finance jobs boast almost a 26% share of all MBA job opportunities globally. With doors to International Investment in India widening, there is expected to be a high MBA Finance scope in the future.

MBA syllabus is designed to provide holistic knowledge about the multiple aspects of the management sector and its role in the business world. MBA subjects cover a wide range of topics such as Managerial Economics, Accounting for Management, Business Communication, Information Technology Management, Marketing Management, etc. The MBA Syllabus focuses on inculcating managerial and entrepreneurial skills in the students.

See Also: Full form of Management Courses

Students will need to choose the specialisation they will study under MBA Course. To understand the MBA specialization they will choose, students must know the syllabus of each specialization. Students interested in Finance and are interested in financial subjects must look at MBA Finance syllabus, students who want to become an HR executive should see the MBA HR Syllabus, and students who want to get into marketing must definitely see MBA Marketing Syllabus. Students interested only in the Digital form of marketing can study the MBA Digital Marketing syllabus. Students who wish to work in the hospitality sector can study MBA Hotel Management Syllabus, MBA Healthcare Management or MBA Hospital Management.

Regardless of the specialization, all MBA courses include Project Work, Seminars, Research Work, Report Writing, Industry Training, etc. The electives and MBA subjects differ in the specialization.

Students who wish to do Executive MBA must have at least 4-5 years of experience. Executive MBA Syllabus is tailored for upper management roles and it is best for students with a lot of experience. 

The syllabus for MBA course consists of both core and elective MBA subjects. The MBA subjects are divided into 4 semesters, with each semester focusing on a particular aspect. MBA Syllabus 2023 for the 1st year is the same for all MBA specializations in most of the leading MBA colleges in India. Students must compare the syllabus of top MBA Colleges in India in order to know which MBA Syllabus is best. Students must look forward to MBA syllabus in IIM Ahmedabad, MBA Syllabus at IIM Calcutta and MBA Syllabus in IIM Bangalore in order to compare. MBA syllabus in IIM Lucknow and MBA Syllabus in IIM Indore also provides the best Management curriculum.

MBA Course Details

MBA Full FormMaster of Business Administration
Types of MBA    Full Time MBA, Online MBA, Executive MBA, Distance MBA, Integrated MBA
MBA Course LevelPost Graduation Degree Course
MBA Admission ProcessEntrance Exam followed by Group Discussion and Personal Interview
MBA Eligibility50% in Graduation in any stream
MBA FeesINR 4,00,000 – INR 18,50,000
Top MBA SpecializationsMBA Finance, MBA Operations, MBA Digital Marketing, MBA Marketing, MBA Supply Chain Management, MBA in Hr, MBA Healthcare Management

Know More: Why MBA?

MBA Entrance Exam Syllabus 

The MBA entrance exam syllabus for MBA admission 2023 has a different pattern which depends upon the weightage of certain sections, the number of MCQs, as well as the marking scheme. Though, each MBA entrance exam includes a common list of topics as well as MBA subjects that are asked every year.

Quantitative Aptitude

Number SystemsLCM and HCFPercentage Calculation
Profit and LossSimple And Compound InterestSpeed, Time, And Distance
Ratio and ProportionLinear and Quadratic EquationsBinomial Theorem
ProbabilityGeometryTrigonometry

Data Interpretation

Bar GraphsLine GraphsPie Chart
TablesColumn GraphVenn Diagrams

Logical Reasoning

ArrangementsPrepositionsData Arrangement and Puzzles
Logical Sequence, Matching & ConnectionsNumber & Letters SeriesClocks & Calendars
Blood Relations--

Verbal Ability

Grammar UsageReasoningSentence Correction
Fill in the blanksIdiomsParagraph Summary
Facts/InferencesMeaning-Usage MatchSynonyms & Antonyms

Current Affiars and GK

ConstitutionGovernment LawsHistory/Geography/Economics
World LeadersScienceTrade
States & CapitalsWorld SummitsFamous People & Achievements

For Entrance Exam Wise Syllabus, Check:

CAT SyllabusMAT SyllabusXAT Syllabus
CMAT SyllabusSNAP SyllabusNMAT Syllabus
MAH-CET SyllabusATMA SyllabusTANCET Syllabus

MBA Syllabus in India 2023

The MBA syllabus all over India is the same because the MBA subjects remain the same in all the institutions. The MBA subjects are mentioned here in a tabular format so that the students can check in detail about the MBA Syllabus.  

MBA Subjects in 1st SemesterMBA 2nd Semester Subjects
Corporate Social ResponsibilityMacroeconomics
MicroeconomicsBusiness Law
Principles of Marketing ManagementOperations Management
Principles of AccountingOptimization and Project Research
Tools and Framework of Decision MakingCorporate Finance
Quantitative Methods and StatisticsProject Management
Business Communication and Soft SkillsMarketing Management
Organizational Behaviour 1Organizational Behavior 2
MBA 3rd Sem SubjectsMBA 4 Sem Subjects
Supply Chain ManagementInternship Projects
Financial Modeling
Strategic Management
Business Intelligence
Marketing Research
Managerial Economics
Corporate Governance and Business Ethics
Corporate Finance 2

MBA Subjects List

MBA syllabus comprises the MBA subjects that are majorly needed to work in managerial positions, here are the MBA subjects that are offered in various colleges and universities in India. 

MBA Subjects List: CoreMBA Subjects List: Elective
Accounting and Financial ManagementSystems and Processes
Business EconomicsAdvanced Studies in Industrial Relations
Corporate FinanceAuditing
Human Resource ManagementBusiness and Corporations Law
Leadership and EntrepreneurshipBusiness Economics
Management of ChangeCommunication in Business
Management Theory and PracticeCorporate Finance
Managing for SustainabilityCurrent Developments in Accounting Though
Marketing ManagementCustomer Behaviour
Research MethodsFinancial Accounting
Strategic ManagementFinancial Accounting 2
-Financial Markets and Instruments
-Financial Planning
-Global Marketing
-Human Resource Management
-ICT Project Management
-Integrated Marketing Communications
-International Human Resource Management
-Investments Analysis
-IT Infrastructure Management PG
-IT Management Issues
-IT Risk Management
-Leadership - A Critical Perspective
-Management Accounting for Costs and Control
-Management of Change
-Managing for Sustainability
-Managing Project and Service Innovation
-Organizational Behaviour
-Research Methods
-Strategic Human Resource Development
-Taxation 1
-Training and Development Environment

MBA Admission Quick Updates

January 21: Register for IIT Guwahati, MBA Program by February 20, 2023. Apply Now!

January 21: Register for JNU MBA Program by March 15, 2023. Apply Now!

January 20: Register for Amity University, MBA Program by January 30, 2023. Apply Now!

January 18: Registrations for Poornima University, MBA Program are now open. Apply Now!

January 16: IIM Bangalore Phase I Calls Out. Know More!

January 16: SIIB Pune SNAP Based Call Letters Out. Know More!

January 16: IIM CAP 2023 schedule has been released. Know More!

January 16: IIM Amritsar Phase I Calls Out. Know More!

January 12: Register for IIT Roorkee, MBA Program by January 31, 2023. Apply Now!

January 11: IIM Calcutta Phase I Calls Out. Know More!

January 11: SPJIMR PI Calls Out. Know More!

January 11: IIM Rohtak Phase I Calls Out. Know More!

January 10: IIM Indore Phase I Calls Out. Know More!

January 10: Register for IIT Mandi, MBA Program by February 15, 2023. Apply Now!

January 06: IIM Ahmedabad Phase I Calls Out. Know More!

January 06: IIM Vizag Phase I Calls Out. Know More!

January 06: IIM Lucknow Phase I Calls Out. Know More!

January 03: Register for IIT Bombay, MBA Program by January 31, 2023. Apply Now!

January 03: Register for VIT Vellore, MBA Program by March 05, 2023. Apply Now!

January 03: IIM Kozhikode Phase I Calls Out. Know More!

January 02: Register for Mahindra University, MBA Program by April 30, 2023. Apply Now!

January 02: Register for IISWBM Kolkata, MBA Program by March 22, 2023. Apply Now!

December 31: Register for FMS Delhi University, MBA Program by January 20, 2023. Apply Now!

December 28: Registrations for Bennett University MBA Program are now open. Apply Now!

December 27: Register for Ahmedabad University, MBA Program by February 28, 2023. Apply Now!

December 26: Register for ATMA 2023 by February 17, 2023. Apply Now!

December 26: Register for IIT Jodhpur, MBA Program by February 28, 2023. Apply Now!

December 26: Register for IIT Kanpur, MBA Program by January 31, 2023. Apply Now!

December 26: Register for IIT Madras, MBA Program by January 31, 2023. Apply Now!

December 26: Register for IIT-ISM Dhanbad, MBA Program by January 31, 2023. Apply Now!

December 21: CAT 2022 Results have been declared. Know More!

December 21: Register for DMS (IIT Delhi), MBA Program by January 31, 2023. Apply Now!

December 20: Register for VGSOM (IIT KGP), MBA Program by February 05, 2023. Apply Now!

December 14: Registrations for IBMR Pune, MBA Program are now open. Apply Now!

December 14: Register for IIM Kashipur, MBA (Analytics) Program by February 28, 2023. Apply Now!

December 09: Register for IIM Kozhikode, MBA Program by March 12, 2023. Apply Now!

December 06: Registrations for UPES Dehradun, MBA Program are now open. Apply Now!

December 06: Register for SJIM Bangalore, MBA Program by February 01, 2023. Apply Now!

November 30: Register for AIMS IBS Business School, Bengaluru, MBA Program by March 15, 2023. Apply Now!

November 30: Registrations for Dayanand Sagar University, MBA Program are now open. Apply Now!

November 29: Register for Shiv Nadar University, MBA Program by February 28, 2023. Apply Now!

November 28: Register for IIM Jammu, MBA Program by January 23, 2023. Apply Now!

November 07: Registrations for JAGSOM Bangalore, MBA Program are now open. Apply Now!

November 05: Register for LPU MBA Program by January 20, 2023. Apply Now!

November 04: Register for Christ University, MBA Program by January 19, 2023. Apply Now!

October 21: Register for BML Munjal University, MBA Program by February 25, 2023. Apply Now!

October 19: Registrations for Parul University, MBA Program are now open. Apply Now!

October 19: Registrations for BIM Trichy, MBA Program are now open. Apply Now!

October 15: Registrations for Amrita Vishwa Vidyapeetham, MBA Program are now open. Apply Now!

October 14: Registrations for FLAME University Pune, MBA Program are now open. Apply Now!

October 11: Registrations for ITM Navi Mumbai, PGDM Program are now open. Apply Now!

September 26: Register for Alliance University, MBA Program by January 31, 2023. Apply Now!

September 19: Registrations for Jain University, Bangalore MBA Program are now open. Apply Now!

September 19: Registrations for LBSIM New Delhi, MBA Program are now open. Apply Now!

September 19: Registrations for IMT Hyderabad MBA Program are now open. Apply Now!

September 19: Registrations for IMT Nagpur MBA Program are now open. Apply Now!

September 19: Registrations for IMT Ghaziabad MBA Program are now open. Apply Now!

September 06: Registrations for SOIL Institute of Management MBA Program are now open. Apply Now!

MBA Admission 2023 is done on the basis of an entrance exam in top universities. Candidates must sit for a national, state, or university level entrance exam such as CAT, XAT, etc to seek admission to the MBA course for the academic year 2023-2025. MBA Admission 2023 is open in several B Schools such as IIM, XLRI, NMIMS, IBS, KSOM etc. Several IIMs have released the Phase 1 shortlist calls to offer MBA Admission 2023. 

CAT is one of the most popular national-level MBA entrance exams to offer MBA Admission in India. CAT 2022 was conducted by IIM Bangalore to offer MBA Admission 2023 on November 27, 2022. IIM Bangalore has released the CAT results on December 21, 2022, to offer MBA Admissions in India across top B Schools. XAT 2023 is a university-level MBA Entrance exam conducted by XLRI Jamshedpur. XAT 2023 will be conducted on January 08, 2023, and the registration process was ongoing from August 10 - December 11, 2022. Registrations for other MBA Entrance Exams for MBA Admission 2023 such as SNAP, NMAT, and IBSAT have also been concluded. The registrations for IIFT 2022 were also concluded on November 18, 2022. Candidates who wish to pursue MBA from IITs, can apply on the basis of a valid CAT score. IIT MBA Admission is currently open in several IITs till January 31, 2023 and in IIT Jodhpur and IIT KGP till February 2023.

MBA is a 2-year postgraduate course that focuses on business and its management. Admission to the MBA courses in the Top MBA Colleges in India is based on an entrance exam followed by a GD, WAT/ PI rounds in various universities. IIMs in India are the top B Schools in India to seek admission to the MBA course. Candidates must keep a note of the minute details regarding MBA application form 2023, exam dates, admission process, and more discussed in the article below.

MBA Admission Dates 2023

The following section highlights the MBA application dates in top B-schools. The registration process for MBA admission 2023 in top B-schools is done online. 

Top MBA Colleges Application Deadline 2023

Check out the MBA admission 2023-25 last dates for the Top 10 MBA colleges as per NIRF in the table below.

InstitutesExams AcceptedApplication Dates
IIM AhmedabadCAT/GMAT

Round 1: June 20, 2022 – Aug 22, 2022 

Round 2: Sept 5, 2022 – Oct 28, 2022 

Round 3: Nov 7, 2022 – Dec 12, 2022 

IIM BangaloreCAT/GMAT

August 12 – January 06, 2023

IIM CalcuttaCAT/GMAT

Round 1: August 16 – August 22, 2022

Round 2: August 16 – October 16, 2022 

Round 3: August 16 – November 30, 2022

DMS (IIT Delhi) CAT/GMATDecember 20 – January 31, 2023 (Applications Open)
IIM KozhikodeCAT/GMAT    December 09 – March 12, 2023 (Applications Open)
IIM Lucknow (IPMX)CAT/GMATNovember 15 – January 15, 2023 
IIM IndoreCAT/GMAT    Applications Closed
XLRI JamshedpurCAT/XAT/ GMATAugust 10 – December 11, 2022
VGSOM (IIT Kharagpur)CAT/GMAT    December 15 – February 05, 2023 (Applications Open)
IIT BombayCAT/GMAT    January 03 – 31, 2023 (Applications Open)
IIM JammuCAT/GMATNovember 24 – January 23, 2023 (Applications Open)
IIM UdaipurCAT/GMATOctober 14 – November 21, 2022
JNU, New DelhiCATJanuary 21 – March 15, 2023 (Applications Open)

MBA Admission 2023: Last Date to Apply

InstitutesExams AcceptedApplication Dates
NMIMS University MumbaiNMATAugust 01 – October 31, 2022
K J Somaiya Institute of Management MumbaiCAT, XAT, CMAT, NMATOctober 17 – January 18, 2023
XLRI Delhi NCR CampusXATAugust 10 – December 11, 2022 
BITSOM Mumbai

GMAT, GRE or CAT

September 23 – November 20, 2022
MDI GurgaonCATSeptember 28 – November 25, 2022
IIT Madras (DoMS)CATDecember 26 – January 31, 2023 (Applications Open)
IIT GuwahatiCATJanuary 20 – February 20, 2023 (Applications Open)
IIT JodhpurCATDecember 26 – February 28, 2023 (Applications Open)
IIT-ISM DhanbadCATDecember 26 – January 31, 2023 (Applications Open)
IIT RoorkeeCATJanuary 12 – 31, 2023 (Applications Open)
FMS Delhi UniversityCATDecember 29 – January 20, 2023 
IIT KanpurCATDecember 31 – January 31, 2023 (Applications Open)
IIT MandiCATJanuary 10 – February 15, 2023 (Applications Open)
Christ UniversityCAT/MAT/XATNovember 01 – January 19, 2023 
VIT VelloreCATJanuary 03 – March 05, 2023 (Applications Open)
ISBR Business School, Bangalore

ISBR Aptitude Test 

September 26 – October 18, 2022 
Great Lakes Institute of ManagementCAT/XAT/CMATAugust 30 – November 21, 2022 
SICSR PuneSNAPSeptember 27 – November 24, 2022
SIHS Pune SNAPAugust 04 – December 09, 2022
SIBM PuneSNAPAugust 04 – December 09, 2022
SCMHRD PuneSNAPAugust 04 – December 09, 2022 
SIBM BangaloreSNAPAugust 04 – December 09, 2022 
SIOM NashikSNAPAugust 04 – December 09, 2022 
SIBM HyderabadSNAPAugust 04 – December 09, 2022 
IISWBM CATSeptember 16 – December 22, 2022
Alliance University, BangaloreGMAT/NMAT/XAT/MAT/CMAT/KMAT/CAT September 24 – January 31, 2023 (Applications Open)
Jaipuria Institute of ManagementCAT/MAT/CMATSeptember 24 – January 31, 2023 (Applications Open)
GIM GoaCATSeptember 30 – January 04, 2023 
IIFT New DelhiIIFTOctober 01 – November 24, 2022 
BHU VaranasiCATOctober 11 – January 03, 2023
KSOM BhubaneshwarGMAT/XAT/MAT/CATOctober 11 – January 10, 2023
BML Munjal UniversityCAT/MAT/NMATOctober 19 – February 25, 2023 (Applications Open)
Department of Financial Studies (DFS) Delhi CATOctober 19 – January 07, 2023
MICA AhmedabadMICATOctober 06 – November 19, 2022
Sri Balaji University PuneCAT/MAT/NMATOctober 27 – January 10, 2023 
Lovely Professional UniversityLPU NEST/CATNovember 04 – January 20, 2023
NICMAR PuneCATNovember 08 – January 15, 2023 
TAPMI ManipalCAT/MAT/XATNovember 14 – December 20, 2022 
Hyderabad University CATNovember 14 – December 15, 2022 
Shiv Nadar UniversityCATNovember 28 – February 28, 2022 (Applications Open)
AIMS IBS Business SchoolWritten Test + InterviewNovember 28 – March 15, 2023 (Applications Open)
SJIM BangaloreCATDecember 06 – February 01, 2023 (Applications Open)
BHU VaranasiCATDecember 09 – January 23, 2023 (Applications Open) 
UPES DehradunCATApplications Open
IBS HyderabadIBSATJuly 01 – December 21, 2022 
IBS GurgaonIBSATJuly 01 – December 21, 2022 
IBS Ahmedabad IBSATJuly 01 – December 21, 2022 
IBS MumbaiIBSATJuly 01 – December 21, 2022 
Nirma UniversityCATDecember 22 – 30, 2022 
Ahmedabad UniversitySNAPNovember 14 – February 28, 2023 (Applications Open)
SOIL Institute of Management GurgaonCAT/XAT/MATApplications Open
Bennett UniversityCATApplications Open
Mahindra UniversityWritten Application + Video Essay + PI 

January 01 –  January 30 (Round I) (Applications Open)

January 01 –  March 31 (Round II)

January 01 –  April 30 (Round III)

IISWBM Kolkata

CAT/MAT/ATMA/CMAT/GMAT/GATE

January 01 – March 22, 2023 (Applications Open)
Xavier Institute of Management BhubaneshwarXATAugust 10 – December 11, 2022
Amity UniversityCATJanuary 20 – 30, 2023 (Applications Open)
IMT GhaziabadCAT/XAT/GMATApplications Open
IMT NagpurCAT/XAT/GMATApplications Open
IMT HyderabadCAT/XAT/GMATApplications Open
ITM Navi MumbaiCATApplications Open
Jain University

Jain Entrance Test (JET)

Applications Open
LBSIMCAT/XATApplications Open
FLAME UniversityCAT/XAT/MAT/CMATApplications Open
Amrita Vishwa VidyapeethamCATApplications Open
BIM TrichyCATApplications Open

Parul University

CATApplications Open
JAGSOM BangaloreCATApplications Open
Dayanand Sagar UniversityCATApplications Open
Poornima UniversityCAT/CMATApplications Open

MBA Admission 2023: Entrance Exam Prerequisites

Before appearing for the MBA entrance exams, for the MBA admission 2023, candidates must follow certain prerequisites, given below.

  • First, candidates should make a list of which college they want to pursue their MBA degree in, and which entrance exams are accepted by that college.
  • The top MBA entrance exams for MBA Admission 2023, are CAT, XAT, ATMA, MAT, SNAP, NMAT, etc.
  • Candidates have to fulfill the eligibility needed to pursue the MBA degree, which is gaining a minimum of 50% aggregate marks at the bachelor's level.
  • Some of the MBA entrance exams are of national level, including CAT. These entrance exams are accepted by almost all MBA colleges. There are some state-level MBA entrance exams like MAH-CET, which the colleges of the respective state accept.

MBA Admission 2023: Quick Facts

  • Candidates pursuing the MBA course, need to satisfy certain eligibility criteria. For MBA admission in 2023, candidates have to secure a bachelor's degree in a relevant stream with a minimum of 50% aggregate marks. There is 5% relaxation for reserved category candidates.
  • Candidates aspiring to pursue the MBA degree in the top-ranking colleges, need to gain a mini of 60% aggregate scores in graduation and must aim to score well in their entrance exams.
  • The registration fees for MBA admission 2023 in different colleges vary according to their rankings, locations, etc. However, it ranges from INR 500 to INR 2000.
  • The average MBA fees in the colleges of India range from INR 2 to INR 30 lakhs.

MBA Admission Process 2023

Candidates aspiring to pursue the MBA program should necessarily go through the entrance exams, conducted at national and state levels. The MBA admission process for the 2023-25 batch has already started. Candidates can access the application form on the official website of the colleges they want to pursue.

MBA Admission 2023: Eligibility

  • Candidates should score at least 50% aggregate scores from a recognized educational institute.
  • There is also 5% relaxation available for the reserved categories.
  • To get admission to the top MBA colleges, including IITs, and IIMs, a minimum of 60% aggregate marks is needed.
  • For specializations such as MBA Executive, colleges demand a minimum of 2 to 3 years of working experience from the candidates.

MBA Admission 2023: How to Apply

  • First, candidates can see the college they want to pursue and the entrance exam that it accepts.
  • Next, they need to apply for the entrance, sit for it and score past the cutoff marks to qualify.
  • Then, the applicants will be able to apply at the official portal of the colleges, with inserting their entrance exam scores.
  • A merit list will be issued on a particular date. If candidates find themselves on the list, they have to report being physically present at the college campus, or also they can report online. Seat allotment will be done accordingly.

MBA Admission 2023: WAT- PI/ GD

Candidates who are shortlisted based on their merit in the entrance exams are finally selected for MBA Admission 2023 via a procedure that includes WAT, PI, and a GD round sometimes.

  • Candidates have to go through WAT or Written Ability Test at the IIMs, along with the PI round (Personal Interview).
  • In various IIMs, candidates have to go through the GD or group discussion round which takes place replacing the personal interview round
  • The WAT/PI GD rounds are then followed by a counseling session.

MBA Admission 2023: Selection Process

There are certain selection criteria at the business schools for MBA admission 2023. Candidates have to crack the entrance exams, followed by WAT, GD, and PL. Check out the table below the selection criteria in the top B schools for MBA admission.

Name of the CollegeAccepted MBA Entrance ExamsSelection Process
IIM AhmedabadCATWAT and PI
IIM Bangalore, Kolkata, Indore, LucknowCATWAT and PI
XLRI JamshedpurXATGD/WAT and PI
SPJIMRCAT/XATGD and PI
FMS, DelhiCATGD/Extempore and PI
MDI GurgaonCATGD and PI
IMI, New DelhiCATGD/WAT and PI
IIFT, DelhiIIFT MBA EntranceGD/WAT and PI
IMT, GhaziabadCAT/XATGE/WAT and PI and PI
XIM-Xavier UniversityCAT/XATGD/WAT and PI
SIBM, PuneSNAPGD/WAT and PI
NMIMS, MumbaiNMATGD/WAT and PI
 

MBA Admission 2023: Preparation Tips

Check out some tips regarding MBA admission, which you need to know before applying to colleges.

  • Choose the MBA Specialization and Program of your choice- India has many top-tier B-schools that offer MBA and PGDM programs. Before applying, you need to be clear with your choice and then select the program accordingly.
  • Know the Eligibility Criteria for MBA Admission 2023- Before applying to colleges for MBA admission, you need to have a clear understanding of the eligibility criteria and accepted examination scores in that college. IIMs consider CAT scores while Symbiosis accepts SNAP scores only. Therefore, make sure to take the entrance tests as per your college preferences.
  • Calculation of Tuition Fee- Another significant point that you should keep in mind before applying for MBA Admission 2023, is calculating the MBA tuition fees that range somewhere between INR 2 lakhs and 25 lakhs in India. There are additional charges too. Therefore, check minutely every small detail regarding the fee structure before placing your applications.
  • Take a look at the College Rankings- Checking the NIRF rankings of the colleges before applying is a good idea! This helps you make a decision on a confident note.
  • Select the MBA College for Preferred Cities- Pursuing a professional course like MBA, opens the door to various employment options right in front of you. Hence, it is significant that you select the colleges from industrial hubs that have high chances of increasing job opportunities.
  • Checking the Faculty Details- Not only for MBA, but faculty is the backbone of every program. Before selecting your preferred college, make sure to check out the faculty details thoroughly to ensure a decent academic experience going forward.
  • Knowing the Alumni History- The better association you develop with the alumni base of the institute, the better options it might hold regarding your future career opportunities.
  • Analyze the Infrastructure and Facilities- A good learning experience comes with a great ambiance and well-structured facilities. Good infrastructure including classrooms, libraries, and healthcare facilities is significant to contribute to a better learning time

An MBA is said to be an essential component that will make the career graph go upwards. If one works diligently and gets the recognition they deserve, then they can surely reach up to high management positions. Many aspirants while working in different fields realize that their true potential is management. An MBA acts as an ideal switch of careers where one can start late as well. Many B-school aspirants start their MBA after 30 when they develop some working experience and know-how in the field. 

An MBA from a top B-school offers a lot of opportunities for learning and experience. In the beginning, they teach everything, and then, later on, one can decide according to their own interests which stream they want to enter like marketing, HR, public relations, management, etc. An MBA offers tremendous growth opportunities. If one can get into the top B-schools through CAT or GMAT, then the placements offered are exceptionally good and well-paying for a fresher. 

It is no secret that MBA graduates from top B-schools get extremely good salaries. With an MBA, one gets twice the salary they would get by working as an engineer or a banker or any degree for that matter. The high salaries show that companies value good management employees who can manage organizations. When the salaries of an engineer and marketing manager are compared, it is seen that the average starting salary of an engineer is around INR 3.60 LPA whereas the average starting salary of a marketing manager is around INR 4.5LPA per annum. Even after 4-5 years of experience, an engineer earns around INR 4 LPA - INR 5LPA whereas a marketing manager earns around INR 6.5 LPA - 7LPA. 

Why Study MBA?

These days there are many people who wish to get an MBA degree because of the perks that come with the degree. Many candidates even pursue an MBA without even recognizing the actual reason to pursue it. This is the reason B-schools ask their candidates ‘Why MBA?’. Listed below are some of the reasons for pursuing an MBA degree:

  • Job prospects- An MBA provides many job opportunities and that is why many people prefer an MBA over other postgraduate degrees. The topics that are taught are MBA help in the development of many skills that are valued in the companies. An MBA graduate from a reputed B-school gets an upper hand when it comes to managerial responsibilities, business intelligence, negotiation, and other business opportunities. 
  • Career transformation- With an MBA degree people can transform their careers. People now demand more well-paying and interesting jobs rather than simple monotonous work.
  • Improves personal reputation- An MBA from a reputed B-school gains a lot of respect from different companies that have established strong brand identities. 
  • Opportunity to learn managerial and entrepreneurial skills- MBA is not just about theory covered in lectures. Here, people get to learn many new sets of skills such as public speaking, leadership, conflict management, negotiation, teamwork, etc. 
  • Opportunity to build new networks- Network building is very important in the MBA world. Social events and launches are a good platform to develop new professional relationships.
  • Option of distance learning- Since the pandemic has struck the country, colleges and universities have started operating in an online mode which has allowed MBA professionals to combine work and study. This way they can combine full-time study programs and work. 

Why is MBA Important?

In this professional-oriented world, having an MBA degree really helps since it can seriously transform a person’s career prospects. 

People can transition from mid-level employees to decision-making representatives. Most of the job descriptions for senior managers or managerial positions often ask for an MBA degree. So an MBA degree might not be an absolute compulsion but it definitely is a show stopper in one’s resume. 

Why MBA After Engineering?

The career scope for BE students after MBA is not limited. Let’s see some of the top reasons to choose an MBA after BE:

  • During BE course, students are exposed to technical aspects of engineering subjects. Hence, MBA familiarizes them with management skills to resolve real-world issues. Moreover, the salary package that comes with the job after MBA is 7 Lakhs to 8 Lakhs per annum.
  • MBA is the best option for students who wish to be an entrepreneur after a Bachelor's in Engineering. MBA teaches management of finances, organizing, and how to execute a business plan. 
  • There is no age bar to pursue an MBA course. Students after BE course or after working in the corporate sector can go for MBA to enhance their knowledge of the business world.
  • Most importantly, MBA is vital after BE because it shapes the career and enhances a student's personality and leadership quality.

Why MBA After BTech?

An MBA degree after BTech holds a great value in the corporate world. Check out the following points to know why pursuing an MBA after BTech is a good decision: 

  • Students during BTech courses get analytical and technical skills which further help them to deal with technical aspects efficiently. Any business scenario requires both technical and managerial skills to deal with a critical situation. Hence, with an MBA they just need to hone their managerial skills to get a good job.
  • Doing MBA helps students to gain leadership skills, and improves management and communication skills. Not only this but also it grooms the students in professionalism and provides awareness of a global market. 
  • For BTech students, a specialization in Operation Management is one of the best options as it offers a wide range of required skills such as leadership skills to manage a project, operational skills, supply chain, and other analytical skills. Operation Management job is quite a popular job position across various industries. This accelerates the student’s career in the corporate world. 

Why MBA After BSc?

BSc is a popular 3-year undergraduate course preferred by students after class 12. BSc in Chemistry, BSc Computer Science, BSc Mathematics, BSc Biotechnology, etc. are popular BSc courses that students opt for. 

After completing a BSc degree, students can pursue MBA and choose managerial or other related posts for jobs. Top MBA institutes look for new skills, such as adaptability, leadership and communication skills, and critical thinking, regardless of degree. 

The top reasons to pursue MBA after BSc are discussed below:

  • Pursuing an MBA is advantageous for BSc students; it opens a wide range of career opportunities to explore and make a better future career in different sectors. 
  • MBA provides a mix of technical and managerial skills that will help students fit into any job profile. Students of BSc graduate can go for a specialization like Healthcare Management, hospitality management, aviation management, Pharmaceutical Management, MBA in Financial Management, and others.
  • Doing MBA after BSc helps in career advancement. Students get well-paid jobs, and varied job options, and the chances of promotion are usually high. 
  • A BSc degree focuses on theoretical as well as practical aspects of the concerned field. This involves technical skills, critical thinking, and wide exposure to the field. With MBA, skills like managerial, adaptability, leadership, entrepreneurship, and mitigation and troubleshooting abilities adds-on to the skills they have acquired during the BSc course. As a result, this enhances their overall personality development and brings professionalism to them.

Why MBA in Finance?

MBA in Finance is one of the most in-demand courses in management. Check out the following points to know why MBA in Finance is the best choice:

  • Every sector needs a finance expert to deal with the finances of the industry. With an MBA in Finance, one can get a job in any industry. 
  • Students who have an MBA Finance degree get a chance to work in the government and private sector as financial advisors, investment bankers, stock traders, equity analysts, etc. 
  • Students after completing an MBA in Finance have options to become a Certified Management Accountant (CMA) or Certified Public Accountant (CPA). CMA and CPA are two internationally recognized certificate that helps one to get a job abroad. 
  • MBA in Finance offers a lucrative career and job security to individuals working in any sector. Management of a company’s finance, investment details, a record of cash flow, etc., are some of the activities that need to maintain throughout the year. This means employment options in this field is higher in the coming years.

Why MBA After BCom?

Pursuing an MBA after BCom is an ideal option. To know in detail why to pursue MBA after the completion of the BCom course, go through the following points:

  • MBA gives more scope to make a bright career and chances of getting a well-paid job are higher than the graduate students. 
  • Moreover, the BCom course only provides theoretical knowledge about the subject which is not sufficient to work in a good company. Therefore, taking up MBA as a course can help students to instill the required skills and choose their desired profession. 
  • BCom focuses on subjects like accountancy, finance, taxation, etc., and these subjects are fundamental topics taught in MBA classes. Hence, it becomes easy for BCom students to grasp the concepts during the initial phase of the management course. This provides students with an opportunity to expand their knowledge and acquire strategic thinking, problem-solving, decision-making, etc. 
  • There is a variety of specializations to take up for BCom graduate students. Students with an interest in a particular field like marketing or business analytics have the option to go for a specialization. Some of the popular specializations for BCom students are MBA in Finance, MBA in Business Analytics, MBA in Marketing, MBA in Human Resource Management, and more. 

Why MBA After BBA?

Bachelor in Business Administration is the foundation of an MBA. Let us know in detail why MBA is best after BBA:

  • BBA teaches students the basics of business studies, accounting, business law, and business economics and specialization in finance, marketing, entrepreneurship, etc. With this, they gain skills that becomes easier for them to broaden their knowledge and an edge over other students in terms of jobs.
  • MBA after BBA provides a detailed understanding of the corporate world, making it easier for the students to become well-versed in the subjects studied during the BBA course.
  • After the Bachelor in Business Administration students gets entry-level jobs with a minimum pay scale. But with an MBA degree students get into good MNCs that offer job security and package. 

Why MBA After BCA?

Entering into an entrepreneurship or business administration can be a versatile career. Students with a BCA degree can too pursue MBA to make their career in management. Some of the reasons to choose an MBA right after completing the Bachelor in Computer Application are listed below:

  •  BCA students can opt for computer-related courses which will help them to get into a well-paying job. Blockchain, cyber security, cryptocurrency, big data, etc, are the fields with many employment opportunities. 
  • Job scope and career advancement are less with a degree in BCA. But once students go for MBA, which equips them with skillsets and broadens their knowledge, they get many job options to build their future careers. 
  • With regards to average annual salary, BCA students after an MBA get an average salary of around INR 8,00,000 per annum. With just a bachelor's degree in Computer Application one earns around INR 2,00,000 - INR 3,00,000 per annum. 
  • Students of BCA can also switch to MBA in HRM, MBA Operation, MBA Consulting, MBA Communication, etc. 

Why MBA in Business Analytics?

The demand for business analysts is increasing rapidly as the world is becoming more inclined to turn to data for decision-making. There is scope for higher salaries as Professionals with an MBA in Business Analytics are employed by leading national and multinational companies. 

  • Business Analytics provides a real-time solution to problems and is a take-off platform for a dream career. Data analytics is the cornerstone that accelerates the pace of development in every company and industry.
  • MBA in Business Analytics helps in upskilling and staying updated with the latest concepts such as big data analytics, R-programming, Python, etc. It can help in acquiring skills like statistical analysis, quantitative analysis, predictive modeling, etc.
  • Enrolling for an MBA in Business Analytics also helps to learn about analytics approaches, which are crucial to any industry’s decision-making procedures. 
  • Business Analytics is still evolving with technological advancements. The field has a lot of untapped potential and opportunities yet to be discovered.

Why MBA in International Business?

There is a huge increase in the number of international companies doing business and the economy is more international every day. This has led to an increase in demand for courses like the MBA International Business.

  • The MBA in International Business enhances knowledge of the law of international business including human rights laws, humanitarian laws, and international investment laws.
  • Through International Business Courses knowledge of international trade practices, government policies, foreign markets, and the risks and opportunities posed by global trade can be understood.
  • International companies have the foresight to establish, expand and grow their businesses abroad, thus expanding the scope of the MBA in International Business.
  • A lot of students pursuing a master’s degree in business administration for international operations gain additional job opportunities. Some students use this program for international exchanges and overseas visits. This helps them in gaining experience that most other business graduates don't have.

Why MBA in Operations?

MBA in Operations helps in gaining skills that are always needed by businesses. These skills help you to optimize human resources, raw materials, inventory, etc. to get the maximum results.

  • MBA in Operations is the most sought-after course not just by multinational corporations, investment banks, and consultancies, but also by international organizations like World Trade Organisation, World Bank, and other firms that prefer an MBA graduate to head their organizations.
  • According to GMAC Corporate Recruiters Survey, 26% of employers surveyed plan to hire MBA graduates for operations roles in 2019. 
  • The field of operation is very wide. The Operations MBA covers the entire process from sourcing raw materials to manufacturing and shipping the final product to the customer. As such, an MBA in Operations Management gives great flexibility as you move between different job titles and sectors.
  • By pursuing MBA in Operations management, students can get the chance to work with new technology. Whether working in a hospital or on the factory floor, an operations manager often ends up using technology to solve problems. 

Why MBA in Marketing?

An MBA in marketing not only prepares for careers in marketing but also in other career options such as consulting entrepreneurial careers, and general management. It also helps in learning skills such as mathematics, communications, and, management. 

  • Through MBA in marketing, knowledge of trends and established theories can be gained. Students in this program examine the shifting nature of international markets and marketing analytics. They study the core concepts of marketing management and strategy.
  • By choosing an MBA in marketing, you position yourself to cultivate marketing expertise and fundamental business knowledge. This Marketing course is open to students regardless of their business experience. 
  • A master’s degree in marketing can boost the compensation package. According to Payscale, the annual salary of an MBA in marketing degree holder ranges from INR 3 lakh to INR 20 lakh, depending on the experience, company, and sector.
  • A creative and self-driven marketing manager may rise through the ranks and could become a product development manager in an innovative organization. As the experience grows in the field, the reward in terms of salary and variable pay can be huge.

Why is MBA so Expensive?

There are several reasons for MBA being an expensive degree. MBA is the most expensive course to study globally. Aspirants pay a hefty amount to complete the two-year program. 

  • Hostel charges can be considered as one of the many reasons. Students from all over the country aspire to enter reputed B-schools to study MBA and most of them opt for these residential services. This means they have to pay extra for accommodation.
  • A degree is a qualification that gives students a step up in their careers and enhances their abilities and skills. MBA program tuition also includes an opportunity cost. Those costs are lost salaries, work experience, and possibly promotions.
  • Expertise is the other main reason. Business schools invest in expert faculty. Top MBA professors often have extensive industry experience and strong academic credentials. Learning from these experts is one of the main benefits of an MBA.
  • Many top MBA programs offer on-campus resources such as Bloomberg Trading Terminals and Innovation Labs. Business schools are increasingly using digital learning models like Metaverse to deliver their programs online, but this naturally comes at a higher cost.
  • Many programs include expenses for international travel, hands-on consulting projects, and other experiences. Also, the career fairs, workshops, and coaching make offering an MBA a costly proposition.
  • Applicants must consistently maintain good scores or grades to reap the absolute benefits of an MBA degree. Top recruiters always consider not only a candidate's skills but also the percentile of the candidate. Therefore, reputable B-Schools always pay attention to these facts and prepare their students for the best jobs in the industry.

Why MBA is an Important for Business?

Starting a business in today's fast-paced digital economy can be challenging, and earning an MBA can help in meeting these challenges. An MBA from an accredited business school that offers a specialization in entrepreneurship or a similar field can provide the skills and knowledge needed to start a successful business while avoiding the pitfalls that come with starting a business.

  • The MBA is a world-renowned postgraduate course and it helps develop management skills and entrepreneurial abilities. An MBA course covers marketing, accounting, and management and allows people to get jobs in the private, administrative, and public sectors.
  • Poor research and planning, lack of sufficient capital or cash flow, poor financial management, delivery problems, poor customer service, poor marketing, and product or service launches lacking consumer demand all lead to business failure. Offering extensive courses in entrepreneurship and business management concepts, our MBA program can help you realize the dream of starting a business.
  • An MBA can familiarize you with many of the technical tools and software you'll need for sales, operations, accounting, human resources, e-commerce, and marketing.
  • It helps employees gain experience and perform their jobs efficiently without making many mistakes. They learn to run a business with theoretical and practical knowledge. A degree provides employees with a variety of good employment opportunities.

Why MBA is an Ideal for Switching Careers?

Every MBA aspirant coming from B-faculties does not desire to study accounting, finance, method, and marketing, however, they arrive to pursue an MBA for the profession. Be a professional changer or maybe change the industry. An MBA profession calls for making plans with foresight and cautious consideration.

  • Pursuing an MBA for a career change is a great strategy and advantageous for career switchers. Building a network is one of the primary reasons for people to pursue an MBA for a career change.
  • An MBA degree can help in developing creativity and marketing skills. And if someone wants to improve their communication skills, an MBA will give them the skills they need to earn respect and lead the team to success. Other skills include leadership and management skills, accounting, data collection, team member motivation, and quick and competent decision-making, depending on the area of specialization.
  • Completing an MBA can help in leveling up within the company, which can be ideal if someone is looking to move into a management position.
  • An MBA is a good way to pick up new skill sets to make an attractive candidate. One of the most common scenarios is when an engineer is considering a career change. Acquisition of new skills in marketing, operations, finance, strategy, and human resources enables engineers to take on a wide range of roles upon completion of the program.
  • Most people go into their MBA with a very specific career goal and if they are open to other paths, there are so many interesting jobs and opportunities available through an MBA.

Why MBA Offers You Growth?

MBA graduates understand the perceived financial and non-monetary costs and benefits of a degree. Increased confidence was one of the most important non-financial benefits of an MBA degree. Job security and high salary are the most important reasons why MBA degrees are so popular. 

  • It makes a person more skilled and versatile regardless of job title because of applicable qualities like leadership, critical and analytical thinking, creativity, and communication
  • Master in Business Administration degree offers highest paid jobs in the corporate sector. It is an essential step in growth. It opens up new opportunities and fulfills dreams of running a start-up and being your own boss.
  • The MBA program paves the way to interact with future managers and leaders in peer groups. After graduation, an MBA colleague may be considered an ideal business partner or give you a special recommendation.
  • MBA graduates already earn some of the highest salaries in the industry. An MBA degree increases the chances of getting a job with the top companies in the industry offering the best packages. 
  • The skills acquired in a management program are critical to most businesses, and a job role in the company often includes making business decisions to help the company profitably grow.

Why MBA will Help You Earn a Better Package?

Salaries for MBA graduates vary by job type and location. Different organizations and companies give individuals different pay grades depending on their cost of living and market value.

  • One of the most important professional goals for prospective MBA students is increasing their income, and studies of B-school graduates show that average post-MBA salaries do not disappoint. Nearly 9 out of 10 graduates agree that their degree has improved their employability, and the same number rate their degree as good to excellent overall. Increase.
  • MBAs often make more money than graduates of other degrees, whether it's a master's degree in business or a completely different program. Doing an MBA degree is thus a surefire way of increasing your salary.
  • Graduates from the best or most respected universities start their careers in the INR 15 Lakhs to INR 20 Lakhs salary range. Such huge packages are found only in the management industry.
  • Candidates with an MBA degree start their careers at a higher position and reach the top of the company in less time, making more money throughout their careers. Completing MBA while continuing my current career path will increase my chances of landing a middle management position. Therefore, their salary will increase according to the position they are promoted to.

MBA course is offered with multiple specializations which help students to learn and get expertise in a particular field. MBA is offered through Online, Offline, and Distance Learning modes and can be opted for with any specialization. The top MBA colleges in India offer numerous MBA specializations like MBA Finance, MBA in HRM, MBA IT, MBA Marketing, and many others.

Students learn about various subjects of Management including strategies, techniques, and prominent skills during the first year of a Regular MBA. The second year majorly focuses on specialized subjects and imparts in-depth knowledge of the same. The top MBA colleges in India offer MBA specializations such as MBA Finance, MBA Entrepreneurship, and MBA Marketing are the most in demand.

MBA Specializations provide a wide range of high-profile and reputable job opportunities. MBA is also offered with dual specialization which provides better job options, versatility, and high job security. MBA specializations salary ranges between INR 4 - 36 LPA, depending on several factors. MBA Finance is the highest-paid MBA specialization in the world.

List of MBA Specializations

The most popular list of MBA Specializations in India includes two-year full-time MBA programs. However, short-term specialized Executive MBA programs are also gaining popularity to gain industry-specific skills.

MBA FinanceMBA Marketing
MBA International BusinessMBA Marketing Management
MBA Systems ManagementMBA Retail Management
MBA Logistics and Supply Chain ManagementMBA Healthcare Management
MBA Hr ManagementMBA IT
MBA Operations ManagementMBA Financial Management
MBA Business analyticsMBA Agribusiness
MBA Entrepreneurship

MBA Supply chain Management

Top MBA Specializations in India

Tabulated below is the list of best MBA Specializations along with top MBA colleges for specialization for the future, which would be of great impetus in the coming decades.

MBA SpecializationCollege NameJob Roles
MBA EntrepreneurshipUniversity Business School, Panjab University, Amity Business School, Chandigarh University, Royal Global University, SAGE UniversityBusiness Operations, Financial Management, Information security, Accounting, and auditing
MBA StrategyHarvard Business School, London Business School, XLRISenior Category Manager, Global Business Support, Sr Strategy Manager
MBA Change ManagementUniversity of Chicago, University of Sussex, Aberdeen UniversityComplete change management assessments, Identify, analyze and prepare risk mitigation tactics.
MBA International ManagementIndian Institute of Foreign Trade, Jamia Millia Islamia University, Alliance University, Amity UniversityAdministrative service manager, Export Coordinator, Consultant for an International organization, International finance
MBA FinanceVinod Gupta School of Management, IIT Roorkee, ICFAI Business School, PSG College of Technology, Loyola Institute of Business Administration, Globsyn Business SchoolBanking, Financial Services and Insurance (BFSI) Sales, Corporate Finance, Risk Management., Equity Research
MBA Operations ManagementNational Institute of Industrial Engineering, SP Jain Institute of Management and Research, Indian School of BusinessForecasting, Product Designing, Supply Chain Processes, Inventory Maintenance, and Quality Management
MBA MarketingDepartment of Management Studies, Indian Institute of Technology, Prestige Institute of Management and Research, NIMS UniversityCustomer Relationship Management, Competitive Marketing, Analytical Marketing, Channel Head,
MBA Information TechnologyJamnalal Bajaj Institute of Management Studies, ICFAI Business School, IIM, Lucknow, IIM, BangaloreSoftware Project Manager, IT Infrastructure Project Manager, Help Desk Manager, Project Manager, Program Manager.
MBA Environmental ManagementThe Global Open University, Nagaland, NorthPole Institute of Distance Education, GujratSustainability Manager, Environmental Consultant, Environmental Health and Safety Officer
MBA Business AnalyticsNarsee Monjee Institute of Management Studies, NIT Trichy, Universal Business School, Lovely Professional UniversityData Analyst, Data Scientist, Big Data Analyst, Business Analyst, Qualitative Analyst, Predictive Modeller, Technical Team Lead, Market Research Analyst, Data Mining Expert, Data Warehousing Expert, Business Intelligence Expert

Dual Specialization In MBA

Top MBA colleges in India offer Dual Specialization which aims at providing skills and education in business management in two different MBA specializations. Dual MBA specialization offers students the chance of pursuing a concentration in two completely different areas of business administration which involves Accounting, Business Technologies, Communications, Economics, Entrepreneurship, Finance, Marketing, Operations Management, Organisational Leadership, and other relevant subject areas.

Dual MBA Field list

The following table highlights the dual specialization list for an MBA course.

Cybersecurity and LogisticsMarketing and Operations Management
Accounting and TaxationMarketing and Finance
Analytics and FinanceOperations and Human Resource Management
Accounting and FinanceMarketing and Human Resource Management
Analytics and MarketingHuman Resource Management and Organizational Leadership
Analytics and Accounting-

Advantages of Dual Specialization in MBA

Dual Specialization in MBA offers a lot of benefits in terms of career, scope, learning, etc. MBA Dual Specialization is a growing trend that also provides students with a vast career Scope, high job securities, Networking, etc. Some of the advantages of opting for Dual Specialization in an MBA are mentioned below:

  • Market Trends: There is a growing trend for dual specializations which also provide vast career scope and high job opportunities. Dual Specialization helps you to work in different areas. Apart from that, dual specializations will impart numerous skills and knowledge which help in achieving high and reputed job prospects. 
  • Job Security: Job security is an important factor when it comes to high price courses such as MBA, Medical courses, etc. MBA in Dual specializations ensures high chances of job security as compared to normal MBAs since dual specialization provides more value.
  • Networking and Opportunities: MBA Dual Specialization allows students to get in touch with several professionals of different domains which also increases opportunities to switch to different companies. A professional network will help one to grab new opportunities, demonstrate their skills, and increase the chances of further growth in their career.
  • Versatility in Career Selection: Versatility in career selection is one of the major benefits of opting for an MBA Dual specialization. This will allow you to explore more career options and one can switch to their desired job sectors between Dual specializations. Having Dual specialization allows you to career shift anytime as you are specialized in two fields.
  • Entrepreneurial Edge: A Dual Specialization degree imparts students with knowledge of different kinds of specializations. This will help students to switch to Entrepreneurial careers since they are equipped with the necessary skills and knowledge to start a career as an Entrepreneur.

MBA Specializations list in IIM

IIM - Indian Institute of Management is the top Management institution in India offering MBA/ PGDM courses. The top IIM colleges in India offer MBA courses with multiple specializations. The list of MBA Specializations and courses offered by Top IIMs in India is mentioned below.

InstituteCourse Offered
IIM AhmedabadPost Graduate Programme in Management (PGP)
Fellow Programme in Management (FPM)
Post Graduate Programme in Food and Agri-Business Management [PGP-FABM]
Armed Forces Programme in Business Management (AFP)
Faculty Development Programme (FDP)
Executive Post Graduate Program
Executive Education Programme (EEP)
Ph.D. (Management)
IIM BangalorePost Graduate Programme in Management (PGP)
Fellow Programme in Management (FPM)
Post- Graduate Program in Public Policy and Management (PGPPM)
Master of Business Administration [MBA] Working Professionals
Master of Business Administration [MBA]
Executive Master of Business Administration [EMBA]
Certification
PhD
IIM CalcuttaPost Graduate Programme in Management (PGP)
Master of Business Administration [MBA]
Fellow Programme in Management (FPM)
Post Graduate Certificate in Management (Entrepreneurship & Family Business)
PGPEX-VLM (Post Graduate Program for Executives for Visionary Leadership in Manufacturing)
Master of Business Administration [MBA] (Executive)
Post Graduate Diploma in Business Analytics (PGDBA)
Executive Post Graduate Programme in Human Resource Management
Executive Program in Management [EPM]
Post Graduate Certificate in Senior Leadership [PGCSL]
Advanced Certificate in Marketing Management
Executive Programme in Healthcare Management
IIM KozhikodeFaculty Development Programme
Post Graduate Programme in Management [PGPM] (Liberal Studies)
Post Graduate Program in Management (Finance)
Post Graduate Programme in Management (PGP)
Post Graduate Programme in Business Leadership (PGP-BL)
Management Development Programme
Master of Business Administration [MBA] Working Executives
Ph.D. (Management)
IIM RanchiPost Graduate Diploma in Management (PGDM)
Master of Business Administration [MBA]
Executive Master of Business Administration [EMBA]
Fellow Programme in Management (FPM)
Executive Program in Business Analytics & Business Intelligence [EPBABI]
Post- Graduate Programme in Enterprise Management (PGPEM)
Certificate Program in General Management (CPGM)
Post Graduate Diploma in Human Resource Management
IIM UdaipurPost Graduate Diploma in Business Administration [PGDBA] for Working Executives
Master of Business Administration [MBA]
Ph.D. (Management)
Post Graduate Programme in Management for Executives (PGPX)
Mahatma Gandhi National Fellowship (MGNF)
IIM IndorePost Graduate Program in Management for Working Executive [PGPWE]
Post Graduate Program in Management [PGPM]
Executive Post Graduate Program
Executive Fellow Program in Management [EFPM]
Fellow Programme in Management [FPM]
Integrated Programme in Management (IPM)
Master of Science [M.Sc] (Data Science)
Executive Fellow Programme In Management and Governance [EFPMG]
Post Graduate Program in Management (Human Resources)
IIM LucknowPost Graduate Program in Management [PGPM]
Post Graduate Program in Business Leadership [PGPBL]
Post Graduate Program in Management for Working Executive [PGPWE]
Executive Education Programme (EEP)
Fellow Programme in Management [FPM]
International Programme in Management for Executives [IPMX]
Executive Fellow Programme in Management

MBA eligibility is the stepping stone in determining whether candidates are eligible to apply for an MBA course. The general MBA eligibility criteria is securing a minimum of 50% marks in graduation. Students from any field are eligible for MBA admission, but some colleges such as IIT Kharagpur require students to hold a 4-year bachelor’s degree. MBA has no age limit for students but certain MBA Exams like ATMA require the student to be 21 years of age at the time of exam. 

MBA can be done after completion of 3 or 4-year graduation (depending on the MBA college’s eligibility criteria). Apart from general MBA eligibility criteria; there are additional requirements such as work experience (in case of Executive MBA and MBA Abroad), entrance exam score, and performance in group discussion and personal interview round; all of which are subjective and depend on which MBA college a student is aiming for. Under MBA eligibility criteria, there are certain relaxations for reserved category students. Many MBA colleges and entrance exams offer a minimum of 5% relaxation in graduation for SC/ST/PwD/OBC categories.

MBA eligibility in Top MBA Colleges such as IIM Ahmedabad, IIM Bangalore, and IIM Calcutta is securing minimum cut-off score in CAT Exam. 12th marks, graduation scores, portfolio, and most importantly performance in group discussion and personal interview (GD/PI) round matters when considering the chances to get MBA Admission in IIMs. Securing more than 80% marks in class 12th and graduation is crucial to getting admission to top MBA colleges.

MBA Eligibility in Top MBA Colleges

There are many colleges in India that offer MBA programs. IIMs, IITs, FMS New Delhi are some of the top MBA colleges in terms of the course curriculum and MBA placements. The table below summarizes the MBA eligibility criteria for all the top MBA colleges.

Note: The eligibility criteria for all the IIMs, and IITs are similar.

College NameEligibility
IIM AhmedabadA bachelors’ degree of minimum 3-Years after 10+2 examination, from a recognized board with a minimum aggregate of 50% (45% for SC/ST/PwD).
Candidates in the final year of graduation are also eligible, provided they have a certificate from the head of the college.
A valid cut-off score of CAT/GMAT.
Candidates with work experience will be preferred.
IIT KharagpurA bachelor’s degree of minimum 4-Years in Engineering/Technology or related fields or a masters’ degree in science, economics, or commerce with maths at the bachelors’ level.
The candidate should have a graduation score of 60% (General/OBC) or 55% (SC/ST/PwD).
Candidates in their final year of graduation are also eligible only if they submit a certificate from the head of the college before the deadline.
FMS New DelhiA bachelors’ degree in any discipline after 10+2 examination, from a recognized board.
The candidate must have a graduation percentage of 50% (45% for SC/ST/PwD).
Candidates appearing in their final term can also apply, provided that they fulfill the eligibility criteria at the time of admission.
IIFT New DelhiA bachelors’ degree in any discipline after 10+2 examination, from a recognized board.
The candidate must have a graduation percentage of 50% (45% for SC/ST/PwD).
Candidates appearing in their final term can also apply if they submit the qualification proof before October.
No age limit.
XLRI JamshedpurA bachelor’s degree in any discipline from a recognized university.
Candidates completing their graduation by June are also eligible.
MDI GurgaonA bachelors’ degree of minimum 4-Years in any discipline after 10+2 examination, from a recognized board.
The candidate must have a graduation percentage of 50%.
Candidates appearing in their final term can also apply, if they complete their graduation before June and provide all evidence by October.
For PGDM-IB, a minimum 1-Year work experience is required.
IGNOUGraduation from any stream (including Chartered Accountancy/Cost Accountancy/Company Secretaryship) with a minimum 50% aggregate for general category, and 45% for reserved category.
Clearance of OPENMAT IGNOU conducted by NTA.
There is no age bar set for IGNOU MBA Admissions.
IPU New DelhiBachelor’s degree of three or more years in any stream from a recognized university with a minimum 50% aggregate.
Clearance of CAT exam, along with CMAT with a minimum cut-off score. (if seats are left vacant, then IPU conducts its own CET for admissions)
Age should not be beyond 35 years
Christ University, BangaloreGraduation degree in any stream with a 50% aggregate or more.
Candidates applying for international MBA curriculums should follow eligibility according to AIU stipulations.
NMIMS MumbaiA bachelor’s degree (10+2+3) in any discipline from a UGC recognized university with 50% aggregate.
For EMBA and MBA part-time, a minimum work experience of 5 years, and 2 years, respectively is required.
Symbiosis PuneGraduation from a recognized university with 50% aggregate (45% for SC/ST).
Students in the final year of graduation can also apply, if they score 50% in the final examination.
SPJIMR MumbaiBachelor’s degree in any discipline with 50% aggregate from a recognized university.
Students in the final year of graduation/ awaiting for results with 50% aggregate in previous examinations can also apply, if they submit a provisional certificate from college.
Indian students pursuing a bachelor’s degree from abroad can also apply, if their college or university is recognized by AIU.

MBA Eligibility in IIM

  • Aspirants must have passed their 10+2 in any stream with a minimum aggregate of 60% marks from a recognized Board.
  • Complete graduation with at least 50% score from a recognized University. There will be a 5% relaxation on the minimum score for the candidates belonging to ST/ SC categories. 
  • Aspirants must have to crack tests such as Common Admission Test (CAT) and Graduate Management Admission Test (GMAT) for international students. 
  • Shortlisted candidates may also be called for Group Discussion or Personal interview rounds.
  • The average fees for pursuing an MBA course in IIM is between INR 8,00,000 to INR 25,00,000.

MBA Eligibility Criteria in IGNOU

  • Aspirants willing to get admission to MBA courses in IGNOU must have completed their 10+2 with a minimum of 50% score from a recognized Board. 
  • Must have completed bachelor's degree in any field with at least 50% for general category while 45% marks for candidates belonging to reserved categories. 
  • Candidates are required to qualify the Eligibility test called OPENMAT conducted at the national level with a score more than 65.
  • The average fees for pursuing MBA in IGNOU is around INR 18,900 per year.

MBA Entrance Exams Eligbility

MBA admissions in India are mainly conducted through entrance exams like CAT, MAT, XAT, etc. 

CATMATXATGMAT

All of these entrance exams offer admissions to different MBA colleges. They all have their own set of eligibility criteria which a candidate is expected to follow when they apply for these MBA entrance exams.

The eligibility criteria for different types of MBA entrance exams are mentioned below:

CAT

Common Admission Test or CAT is conducted every year by IIMs on a rotational basis, around the month of November. Know More: CAT 2023

The eligibility criteria is mentioned below:

  • The candidate must hold a bachelors’ degree or equivalent from a recognized university/board.
  • The students in the final year of graduation can also appear for the CAT exam.
  • The candidates must have scored 50% marks or equivalent CGPA in their graduation. A relaxation of 5% is applicable for students belonging to the reserved category (SC/ST/PwD).
  • The candidates holding CA, CS, or ICMA degrees are also allowed to apply for the exam.
  • There is no age limit for giving the CAT exam.

XAT

Xavier Aptitude Test or XAT is conducted by XLRI Jamshedpur, for admissions in MBA/PGDM programs in XLRI and other top MBA colleges such as XIMB Bhubaneswar, IMT Ghaziabad, and others. Know More: XAT 2023

The eligibility criteria is mentioned below:

  • The students must have completed their 3-Year bachelors’ degree in any discipline from a recognized university.
  • Students in the last year of their graduation can apply, given they have no backlog on their mark sheet.
  • Students with Indian citizenship can apply for XAT. Foreign students from Dubai and Kathmandu can also apply for XAT, as they have XAT centers.
  • There is no age limit for applying to the XAT exam.

CMAT

Common Management Admission Test or CMAT is a national level management entrance exam held by the NTA every year for admissions in management colleges approved by AICTE. Know More: CMAT 2023

The CMAT eligibility criteria is mentioned below:

  • A candidate with a bachelors’ degree (10+2+3) in any discipline can apply for CMAT.
  • Those who are in the final year of their graduation can also apply.
  • Only candidates with Indian citizenship can apply.
  • There is no age limit for giving the CMAT exam.

GMAT

Graduate Management Admission Test or GMAT is the management test for admissions in management and business schools globally. Know More MBA through GMAT

The GMAT eligibility criteria is mentioned below:

  • The candidate should have a basic education qualification from any recognized university.
  • The candidate must have a valid passport.
  • The candidate must be 18 years of age when applying for the GMAT exam. A candidate below 18 years of age must hold a no-objection certificate from the guardian.
  • Applicants can appear for GMAT only 5 times a year and 8 times a lifetime.

ATMA

AIMS Test for Management School (ATMA) is a national level entrance exam conducted by the Association of Indian Management Schools (AIMS) for admission to MBA/PGDM courses. Know More ATMA 2023

ATMA eligibility criteria is summarized below:

  • The candidate must have completed his graduation from a recognized university with a minimum aggregate of 50% or equivalent CGPA.
  • The students in the final year of their graduation are also eligible for ATMA.
  • The candidate must be a citizen of India.
  • The candidate must be 21 years of age at the time of the exam.

MAH CET

MAH CET is a state-level entrance exam conducted by DTE Maharashtra for admission to MBA programmes offered by participating colleges in Maharashtra. Check: MAH CET 2023

The eligibility criteria for MAH CET is mentioned below:

  • The candidate must have a 3-Year Bachelor’s Degree in any discipline with at least 50% marks from a university recognized by UGC/AIU. 
  • The candidate in the final year of his graduation is also eligible.
  • For reserved category candidates and a person with a disability belonging to Maharashtra State, a 5% relaxation in the graduation score is granted.
  • Candidates who belong to a reserved category must produce a “Caste Validity Certificate” issued by the Scrutiny Committee of Social Welfare Department and candidates belonging to the ST department should submit a “Tribal Validity Certificate” issued by the Scrutiny Committee of Tribal department. 
  • Any other reserved category student needs to have a valid Non-Creamy layer certificate.

TANCET

Tamil Nadu Common Entrance Test or TANCET is conducted by Anna University, Chennai for admissions in MBA programs in Tamil Nadu. Know More: TANCET 2023

The eligibility criteria is mentioned below:

  • The candidate must hold a bachelors’ degree in any discipline from a recognized university.
  • The candidate must have a graduation score of 50% or equivalent CGPA.
  • Only the candidates with a full-time bachelors’ degree are eligible to apply for TANCET.

SNAP

Symbiosis National Aptitude Test (SNAP) is a national level exam for MBA admissions in Symbiosis MBA Colleges. Check: SNAP 2023

The exam is conducted in the months of December and January.

The SNAP eligibility criteria for MBA admissions is mentioned below:

  • The candidate must have completed their 3 or 4-Year bachelors’ degree from a recognized university.
  • The candidate must have a graduation score of 50%. Reserved category candidates are offered a 5% relaxation.
  • Candidates who are applying with a foreign degree must attain a certificate of equivalence from the Association of Indian Universities (AIU). 
  • There is no age limit for applying to the SNAP exam.
  • For some MBA programs offered through SNAP, work experience is also required.
  1. MBA Business Analytics: 2-Years full-time work experience after graduation.
  2. MBA Energy and Environment: Full-time work experience for more than a year after graduation.
  3. MBA Leadership and Strategy: 4-Years full-time work experience after graduation.

NMAT

NMAT by Graduate Management Aptitude Test (GMAC) is conducted every year for admissions in MBA programs offered by participating NMAT colleges like NMIMS, SPJIMR, ISB, XIMB, VIT, etc. Check NMAT 2023

The eligibility criteria for NMAT entrance exam is mentioned below:

  • The candidate must hold a bachelors’ degree (10+2+3/4) from a recognized university with a minimum aggregate of 50%.
  • There is no relaxation offered to reserved category candidates. However, some colleges reserve their seats for widows, wards of armed forces personnel killed, and Kashmiri Migrants.
  • Foreign candidates with a GMAT score of 600 or above (of the last 3 years) can also apply. They should have a work experience of 2-Years or more.

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