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Master in Business Administration (MBA)
MBA is one of the most popular post-graduate programmes in India and around the world. MBA stands for Master of Business Administration. The majority of managerial level positions across industries and domains call for an MBA, which is why many BTech, BBA, BCom, BA, BSc, and BCA graduates now pursue. an MBA after graduation.
MBA admission is based on MBA entrance exams, which are followed by a round of personality assessments (Group Discussion or GD, Written Ability Test or WAT and Personal Interview or PI). In order to pursue an MBA programme, students must typically have at least a 50% average in their undergraduate degree from any discipline. The most common MBA entrance exams are the CAT, GMAT, and XAT as well as others. Some of the top MBA colleges in India that accept admission through these exams are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, and ISB. The MBA fee generally ranges between INR 10-25 lakh depending on the college, but there are some very popular top colleges where the course fee is much lower than FMS Delhi and JBIMS Mumbai, for example, charge INR 10 lakh.
What exactly is an MBA?
The MBA programme is a management and marketing-focused academic programme.It addresses issues such as organisational behaviour, marketing, management principles, supply chain management, and operations management, among others.Amazon, Apple, Bain & Company, Citigroup, Deloitte, Facebook, and Accenture are a few of the top MBA recruiters. MBA graduates are frequently qualified for positions such as Finance Manager, Product Manager, Strategy Manager, Human Resources Manager, and other middle management positions. Students who successfully complete the MBA programme can anticipate annual salaries ranging from INR 8 lakh to INR 30 lakh.
MBA Admission 2022 | CAT 2022 | Top MBA Specialisations | Top MBA Colleges |
MBA Program Overview
MBA is a two-year degree programme that can be pursued only after graduating from high school. The table below summarises the key highlights of the MBA programme:
Features | Details |
Course Name | MBA |
MBA Full Form | Master of Business Administration |
Course Level | Post Graduation |
Types of MBA | Full-time, part-time, distance, online, executive, and integrated MBA programmes are available. |
MBA Course Fee | INR 2 lakh to INR 27 lakh and more |
MBA Admission Process | Entrance Exam+ Group Discussion+ Personal Interview |
Top MBA Entrance Exams | CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, IBSAT |
Top MBA Colleges | There are 5000+ colleges in India offering Full-Time MBA.Among the most popular colleges are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, SPJIMR Mumbai, XLRI, IIM Indore, and IIM Kozhikode. |
Top MBA Specialisations | Sales, marketing, operations, finance, human resources, digital marketing, and business analytics are all areas of expertise. |
Average Salary post MBA | Per year, INR 5 lakh to 25 lakh |
Top Recruiters post MBA | Mckinsey, Bain & Company, Morgan Stanley, Citibank, JP Morgan Chase, Amazon, Facebook, Google, Adobe, and others. |
MBA Program Highlights
- MBA is a popular course because it is open to students from all disciplines, including science, business, and humanities.
- A typical MBA programme lasts two years and is divided into four or six semesters. There are, however, some private institutes that offer one-year PGDM programmes.
- MBA programmes are available in a variety of formats, including full-time, part-time, online, and distance education. Interested candidates can also find programmes tailored to their professional experience, such as Executive MBA programmes.
- Instead of an MBA, many management institutes offer a Post-Graduation Diploma in Management (PGDM), Post-Graduate Diploma (PGD), or Post-Graduate Programme (PGP) in Management. There isn’t much of a difference between the two, aside from the recognition.
- Among all education modes, the full-time MBA is the most popular. Theory classes, practical projects, student exchange programmes, summer internships, and final placements are all part of a full-time MBA programme.
- A full-time MBA is preferred by recent graduates as well as candidates with a few years of work experience. Some colleges prefer recent graduates, while others prefer candidates with a few years of work experience.
- The Executive MBA, on the other hand, is appropriate for candidates with 5 or more years of work experience because it is designed to improve their managerial and leadership skills to maintain a competitive edge on the job market.
- For candidates who want to study while working, online MBA, part-time MBA, and distance MBA programmes are ideal.
Why Do an MBA?
The most straightforward answer is to advance your career. Given that we live in a world with fierce competition in the business world and job market, one must be equipped with managerial skills and leadership qualities in order to make multiple contributions to the organisation. Knowing how to manage a business will be advantageous if you are an expert in your field.When starting a business or changing careers, an MBA degree is a valuable asset. Some of the advantages of an MBA degree include:
- Better Job Opportunities
- Increased Pay
- Creating an Industry Network
- Improve Your Management Skills
- Improve Your Leadership Skills
- Global Business and Economic Exposure
- Development of Entrepreneurial Skills
What Are the Different Types of MBA Programs?
MBA programmes are available in a variety of modes and formats. Traditionally, Full-Time MBA programmes of two years duration have been the most popular among management aspirants; however, due to flexibility, Executive MBA and Online MBA programmes have grown in popularity in recent years. Read on for some key highlights of each MBA type:
- Full-Time MBA: Full-Time MBA is a two-year regular MBA programme. It is a residential programme that includes physical classes, live projects, semester-by-semester evaluation, a summer internship, and final placements. There are about 5000 full-time MBA colleges in India. On average, tuition fees range from INR 2 lakh to INR 25 lakh.
- Part-Time MBA: This is not a residential programme and is best suited for working professionals who want to learn key managerial skills. In part-time MBA programmes, there are no opportunities for campus placement or internships. Both public and private colleges provide part-time MBA programmes. programmes. In India, there are approximately 300 Part-Time MBA colleges. The course fee ranges from INR 1 lakh to INR 10 lakh. Learn Everything There Is to Know About Part-Time MBA
- MBA via distance: Distance MBA candidates complete the programme through remote communication and correspondence. Because it is inexpensive and flexible, the course is ideal for people with limited time and resources. There is an option to complete the course in two to five years.. In India, there are over 490 Distance MBA colleges In India, there are over 490 Distance MBA colleges. IGNOU is the most popular. Learn Everything There Is to Know About Distance MBA
- Online MBA: Because of its convenience and flexibility, this is currently the most popular mode of MBA programme. Lectures are delivered via video conferencing in Online MBA programmes, and notes, tests, and assessments are stored in a Learning Management System (LMS). Because there are no physical classes in Online MBA, one can study in one city while living in another.There are no restrictions on attendance because the lectures are recorded and saved in the LMS.. In India, there are approximately 170 Online MBA colleges, the majority of which are private institutions. Learn Everything There Is to Know About Online MBA
- Executive MBA: This programme is designed specifically for working professionals with more than five years of experience. The curriculum is similar to that of a Full-Time MBA, but it is shorter in duration (15 to 19 months). Executive MBA programmes are expensive, and some companies offer candidate sponsorship. In India, there are approximately 440 Executive MBA Colleges. Learn Everything There Is to Know About Executive MBA
- 5 year-Integrated MBA: This is a five-year dual degree programme that includes both an undergraduate and a graduate degree. After class 12, students can pursue an integrated MBA degree. Candidates who choose management as a career early on can pursue an Integrated MBA, which is a BBA+MBA or BTech+MBA programme. Top institutes such as IIM Rohtak, IIM Indore, IIM Ranchi, IIM Jammu, IIM Bodhgaya, NMIMS, Xavier University, and Nirma University, among others, offer the Integrated MBA programme. Learn Everything There Is to Know About Integrated MBA
MBA Study Abroad
To pursue an MBA abroad, candidates must take a slightly different path than usual. For MBA abroad admission, they must take the Graduate Management Aptitude Test (GMAT) as well as the language proficiency tests Test of English as a Foreign Language (TOEFL) and International English Language Testing System (IELTS). Academic requirements for MBA programmes abroad are the same as for domestic programmes, with a minimum of 50% aggregate in graduation or equivalent from a recognised university. Most MBA programmes abroad require three to five years of work experience.
Pursuing an MBA abroad is expensive. The total cost of the course could range between INR 80 lakh and INR 1 crore. The most popular countries for an MBA abroad are the United Kingdom, the United States, Canada, Australia, and Germany and New Zealand.
MBA Eligibility Requirements
The following conditions must be met to be eligible for a full-time MBA:
- Graduation in any discipline or equivalent from a recognised university is the basic eligibility criteria for MBA (full-time).
- Most institutes adhere to the graduation minimum score criteria of 50% in average or equivalent.
- Reserved category students must have a minimum aggregate score of 45 percent.
- Candidates in their final year of graduation are also eligible to apply for MBA, provided they present proof of completion of their Graduation degree within the time frame specified by the institute.
- MBA programmes are available to professionals with CA/CS/ICWAI and other degrees
MBA Competencies
A manager is expected to lead a team of professionals, so good communication and leadership skills are essential for a successful manager. Consider the following skills when applying for an MBA/PGDM:
Full-time MBA: Required Skillset | |
Business acumen | Good communication skills |
Problem-solving Skills | Management skills |
Strong mathematical skills | Research oriented |
Analytical thinking | Leadership qualities |
Eye for detail | Goal-oriented & ability to work under pressure |
Admissions to MBA Programs
Admission to all B-schools is typically done through an entrance exam. The test can be of the following varieties:
- National-Level Exam administered on behalf of the other participating colleges by an apex testing body or a top national B-school.CAT, MAT, CMAT, or ATMA are a few examples.
- State-Level Exam administered by a state testing body or a top state B-school on behalf of the state’s other participating colleges. For example, MAH-CET, OJEE, KMAT, TANCET, or APICET.
- For admission to its own MBA programme, the Institute-Level Test is administered. Other B-schools may accept these scores as a qualifying criterion in some cases. XAT, NMAT, SNAP, and IBSAT are a few examples.
- A university-conducted test for admission to MBA programmes offered by colleges affiliated with it.KIITEE, LUMET, and HPU MAT are a few examples.
The qualifying exam is followed by a second level screening round conducted by the college, which typically includes WAT-GD-PI. The final decision is based on the candidate’s overall performance in academics, the entrance exam, and the WAT-GD-PI.
Which are the Best MBA Entrance Exams?
MBA admission to Tier 1 and Tier 2 B-Schools is based on the results of the entrance exam. The top MBA exams that are valid for admission to various B-schools, as well as their application deadlines for the upcoming academic session, are listed below:
MBA Exam Name | Application Status | Application Link |
CAT | Over (last date was September 21, 2022) | CAT application form |
CMAT | To be announced | CMAT application form |
SNAP | Underway (last date is November 24, 2022) | SNAP application form |
IIFT | Underway (last date is November 24, 2022) | IIFT application form |
XAT | Underway (last date is November 30, 2022) | XAT application form |
MAT | Underway (Last date December 13, 2022) | MAT application form |
NMAT | Over ( last date was October 10, 2022) | NMAT application form |
ATMA | To be announced | ATMA application form |
MBA Admissions 2022: Deadline for Applications
MBA candidates with relevant entrance test scores can apply for admission to business schools for the current academic year. Some of the most prestigious private business schools are now accepting applications for their MBA/PGDM programmes. The table below displays the application status of some of India’s most prestigious MBA programmes.
MBA College | Exam Score Accepted | Application status MBA/PGDM 2022 batch |
International Management Institute, Kolkata | CAT, XAT, GMAT | Closed |
International Management Institute, Bhubaneswar | CAT, XAT, GMAT | Closed |
IMT Ghaziabad | CAT, XAT, GMAT, CMAT | Closed |
FMS Delhi University | CAT, XAT | Closed |
SPJIMR Mumbai | CAT, GMAT | Closed |
IIFT Delhi | IIFT Entrance Exam | Closed |
XLRI, Jamshedpur | XAT, GMAT | Closed |
Great Lakes Institute of Management | CAT, XAT, CMAT | Closed |
Symbiosis International University (Deemed) | SNAP | Closed |
MDI Gurgaon | CAT, GMAT | Closed |
Vijay Patil School of Management | CAT, XAT, GMAT, GRE | Open |
Dr DY Patil Vidyapeeth, Pune | CAT, MAT, XAT, CMAT, ATMA, AIET | Open |
KIIT SOM | CAT, XAT, MAT, CMAT, ATMA, GMAT, KIITEE MBA | Closed |
Christ University | CUET | Closed |
Alliance School of Business, Alliance University | CAT, XAT, GMAT, NMAT, SNAP, KMAT, MAT, CMAT, IBSAT, ALLIANCE-AMAT | Open APPLY NOW |
Crescent School of Business | CAT, XAT, CMAT, ATMA, MAT, GMAT, TANCET and CSBAT | Open |
Asia-Pacific Institute of Management | CAT, MAT, XAT, CMAT, GMAT | Open APPLY NOW |
Birla Institute of Management Technology, Noida | CAT, GMAT | Closed |
JK Business School | CAT, MAT, CMAT | Closed |
ITM Business School | CAT, MAT, XAT, CMAT, GMAT, MAH-CET | Open APPLY NOW |
Prin. L. N. Welingkar Institute Of Management | CAT, XAT, CMAT, GMAT, ATMA | Closed |
Thiagarajar School of Management | CAT, XAT, CMAT, MAT, GMAT, ATMA | Closed |
Jaipuria Institute of Management | CAT, XAT, MAT, CMAT, ATMA | Closed |
Fortune Institute of International Business | CAT, XAT, CMAT, GMAT, MAT | Closed |
EMPI Business School | CAT, XAT, CMAT, MAT, ATMA | Closed |
Lloyd Business School Noida | CAT, XAT, CMAT, MAT, GMAT | Closed |
FLAME University | CAT, XAT, MAT, CMAT, MAH-CET, GMAT | Closed |
IPE Hyderabad | CAT, XAT, CMAT, GMAT, ATMA, MAT | Open |
Indian School of Business (ISB) | GMAT, GRE | Open |
IFMR – Sri City Institute for Financial Management and Research (IFMR GSB) | CAT, XAT, CMAT, GMAT, GRE | Open |
Examine the Top MBA Colleges
In terms of acceptance, the CAT and CMAT are India’s two most important MBA entrance exams. The results of these two exams are accepted by over 1000 business schools in India. Over 600 B-Schools in India accept MAT and ATMA exam scores. Check out the table below for the top MBA colleges based on entrance exam:
MBA Colleges by Exam | |
Colleges Accepting CAT | Colleges Accepting ATMA |
Colleges Accepting MAT | Colleges Accepting GMAT |
Colleges Accepting XAT | Colleges Accepting MAHCET |
Colleges Accepting CMAT | Colleges Accepting TANCET MBA |
Colleges Accepting NMAT by GMAC | Colleges Accepting OJEE |
What is the MBA Curriculum?
MBA students are exposed to a wide range of subjects. Students in a two-year MBA programme begin with core curriculum such as Organizational Behaviour, Marketing, and Management Principles, to name a few. They are exposed to subjects such as Entrepreneurship and Business Law in their second year. MBA colleges classify these subjects as core and electives, and students can choose between the electives. Some of the subjects covered in the MBA programme are as follows:
- Marketing
- Human resource administration
- Business strategy
- Finance administration
- Management principles
- Business regulations
- Communication abilities
- Entrepreneurship
- Communication in Business
- Computer Software
- Taxation of organisational behaviour
- Retail administration
- Economics Business Environment Project Work
Semester-by-Semester MBA Syllabus
The standard MBA programme is divided into four to six semesters over the course of two years. The MBA subjects for each semester are listed below:
MBA Syllabus Semester I | |
Organizational Behaviour | Marketing Management |
Quantitative Methods | Human Resource Management |
Managerial Economics | Business Communication |
Financial Accounting | Information Technology Management |
MBA Syllabus Semester II | |
Organization Effectiveness and Change | Management Accounting |
Management Science | Operation Management |
Economic Environment of Business | Marketing Research |
Financial Management | Management of Information System |
MBA Syllabus Semester III | |
Business Ethics & Corporate Social Responsibility | Strategic Analysis |
Legal Environment of Business | Elective Course |
MBA Syllabus Semester IV | |
Project Study | International Business Environment |
Strategic Management | Elective Course |
What are the Top MBA Specializations?
Aside from the standard MBA programme, candidates can pursue an MBA with a specialisation in a specific field. Candidates have a variety of MBA specialisation options in India. Every candidate should choose a branch or specialisation in their MBA programme because it better prepares them for specific domains such as Finance, Operations, Human Resources, Sales, and Marketing, to name a few. The following are the most popular MBA specialisations:
List of MBA specialisations | |
Finance | Agriculture & Food Business |
Infrastructure | Advertising |
Marketing | Materials Management |
International Business | NGO Management |
Sales | Oil & Gas |
Disaster Management | Pharma |
Human Resources | Retail |
Energy & Environment | Project Management |
Operations | Rural Management |
Import & Export | Sports Management |
Product | Supply Chain |
IT & Systems | Telecom |
Business Analytics | Textile Management |
Healthcare & Hospital | Transport & Logistics |
Digital Marketing | Forestry |
Business Economics | Public Policy |
Entrepreneurship | Hospitality |
What are the best MBA programmes in India?
In India, there are approximately 5,000 MBA colleges. One can select an MBA college based on their interest in a specific MBA specialisation, location, fees, infrastructure, placements, and entrance exam scores. Most top-ranked and Tier-1 MBA programmes are difficult to get into due to their stringent admissions criteria. They select the best of the best, so passing the CAT or GMAT with high marks is essential.
Admission to a Tier-2 or Tier-3 MBA programme, on the other hand, is much easier. Their admission cut-offs are lower than those of the IIMs, XLRI, MDI, SPJIMR, FMS, IMT, and other prestigious institutions. Check out the top MBA colleges by location and entrance exams in the section below:
View the Top MBA Schools by Location
Although Pune and Bangalore are considered MBA education hubs, Kolkata, Mumbai, Ahmedabad, and Delhi also have some of the top ranked B-Schools. Check out the tables below for the best MBA schools by location.
What are the best MBA programmes in Mumbai?
The top ten MBA colleges in Mumbai are listed below. For a complete list, see
Top MBA Colleges in Mumbai | |
Shailesh J. Mehta School of Management, IIT Bombay | Admission Process |
NITIE Mumbai | Admission Process |
SPJIMR Mumbai | Admission Process |
NMIMS School of Business Management, Mumbai | Admission Process |
SIMSREE – Mumbai | Admission Process |
SDA Bocconi | Admission Process |
Xavier Institute of Management Research | Admission Process |
ICFAI Business School Mumbai | Admission Process |
VIT Vidyalankar Institute of Technology | Admission Process |
SIES College of Management Studies | Admission Process |
What are the best MBA programmes in Delhi?
The top ten MBA colleges in Delhi are listed below. See the complete list
Top MBA Colleges in Delhi-NCR | |
DOMS-IIT Delhi | Admission Process |
FMS, Delhi University | Admission Process |
MDI Gurgaon | Admission Process |
Indian Institute of Foreign Trade | Admission Process |
IMI Delhi | Admission Process |
BIMTECH Greater Noida | Admission Process |
IMT Ghaziabad | Admission Process |
BML Munjal University School of Management | Admission Process |
Amity University, Noida | Admission Process |
Fore School of Management | Admission Process |
What are the best MBA programmes in Bangalore?
The top ten MBA colleges in Bangalore are listed below. See the complete list
Top MBA Colleges in Bangalore | |
IIM Bangalore | Admission Process |
ISBR Business School | Admission Process |
Regional College of Management | Admission Process |
Christ University | Admission Process |
Indian Institute of Plantation Management | Admission Process |
Dr. Ambedkar Institute Of Technology (AIT), Bangalore | Admission Process |
Presidency College | Admission Process |
AIMS Institute | Admission Process |
XIME Bangalore | Admission Process |
ISME Bangalore | Admission Process |
What are the best MBA programmes in Pune?
The top ten MBA colleges in Pune are listed below. See the complete list
Top MBA Colleges in Pune | |
SIBM Pune | Admission Process |
Dept of Mgt Sciences, Pune University | Admission Process |
National Institute of Bank Management | Admission Process |
National Insurance Academy | Admission Process |
Indira Institute of Management IIMP | Admission Process |
Pune Institute of Business Management | Admission Process |
Symbiosis Institute of Digital & Telecom Management | Admission Process |
Singhad Institute of Management | Admission Process |
Symbiosis Centre For Information Technology | Admission Process |
Balaji Institute of Modern Management | Admission Process |
What are the best MBA programmes in Chennai?
The top ten MBA colleges in Chennai are listed below. For a complete list, see
Top MBA Colleges in Chennai | |
DOMS-IIM Madras | Admission Process |
Great Lakes Institute of Management | Admission Process |
Loyola Institute of Business Administration | Admission Process |
SSN School of Management | Admission Process |
Loyola Institute of Technology | Admission Process |
University of Madras | Admission Process |
MOP Vaishnav College for Women | Admission Process |
SRM School of Management | Admission Process |
SRM Easwari Engineering College | Admission Process |
School of Management DG Vaishnav College | Admission Process |
What are the best MBA programmes in Kolkata?
The following are the top ten MBA colleges in Kolkata.. For the complete list
Top MBA colleges in Kolkata | |
IIM Calcutta | Admission Process |
St Xavier’s University | Admission Process |
IMI Kolkata | Admission Process |
Institute of Engineering & Management | Admission Process |
Calcutta University | Admission Process |
Praxis Business Schools | Admission Process |
United world School of Business | Admission Process |
UEM-Kolkata | Admission Process |
Globsyn Business School | Admission Process |
IIFT Kolkata | Admission Process |
What are the best MBA programmes in Hyderabad?
Given below is the list of top 10 MBA colleges in Hyderabad. For a complete list, see
MBA colleges in Hyderabad | |
ICFAI Business School | Admission Process |
Institute of Public Entreprise | Admission Process |
Badruka College Post Graduate Centre | Admission Process |
Symbiosis Institute of Business Management | Admission Process |
NMIMS University, Hyderabad | Admission Process |
Chaitanya Bharathi Institute of Technology | Admission Process |
Woxsen University | Admission Process |
Institute of Management Technology | Admission Process |
Malla Reddy College of Engineering and Technology | Admission Process |
National Institute of Agricultural Extension Management | Admission Process |
What are the best MBA programmes in Ahmedabad?
The top ten MBA colleges in Ahmedabad are listed below. For a complete list, see
Top MBA Colleges in Ahmedabad | |
IIM Ahmedabad | Admission Process |
MICA Shela | Admission Process |
Institute of Management Nirma University | Admission Process |
Amrut Mody School of Management | Admission Process |
St. Kabir Institute of Professional Studies | Admission Process |
BK School of Business Management | Admission Process |
Narayana Business School | Admission Process |
Shanti Business School | Admission Process |
ICFAI Business School, Sarkhej | Admission Process |
LJ Institute of Management Studies | Admission Process |
MBA Job Roles and Salary Information
An MBA degree holder is qualified for positions such as team leader and department manager. A manager’s job description includes planning, strategizing, and executing projects, leading a team, liaising with clients, coordinating with other departments, delegating work and responsibilities, and reporting to higher authorities on projects completed. The following are some of the most popular job options after an MBA, along with their corresponding salaries:
MBA jobs | Average salary (INR) |
Finance Manager | 9.6 LPA |
Marketing Manager | 10 LPA |
Sales Manager | 10 LPA |
Human Resources Manager | 4 LPA |
Operations Manager | 7 LPA |
Product Manager | 15 LPA |
Data Analytics Manager | 14 LPA |
Digital Marketing Manager | 4.5 LPA |
Advertising Sales Manager | 8.5 LPA |
NGO Manager | 5 LPA |
Project Manager | 13 LPA |
Telecom Manager | 7 LPA |
Transport & Logistics Manager | 6 LPA |
Infrastructure Manager | 11 LPA |
International Business Manager | 9 LPA |
Risk Manager | 10 LPA |
Energy & Environment Manager | 6 LPA |
Import & Export Manager | 6 LPA |
IT & Systems Manager | 7 LPA |
Healthcare & Hospital Manager | 4 LPA |
Materials Manager | 6 LPA |
Retail Manager | 5 LPA |
Supply Chain Manager | 8 LPA |
Public Policy Manager | 7 LPA |
Top MBA Colleges in India for Job Opportunities
The top 30 MBA colleges in India according to the MHRD-NIRF rankings for 2021 are listed below. Also included are the average CTCs offered during the most recent campus placements.
MBA Institute | MHRD-NIRF Ranking 2021 | Average CTC 2021 (INR) |
IIM Ahmedabad | 1 | 26.12 LPA |
IIM Bangalore | 2 | 26.18 LPA |
IIM Calcutta | 3 | 29.00 LPA |
IIM Kozhikode | 4 | 22.50 LPA |
IIT Delhi-DMS | 5 | 22.69 LPA |
IIM Indore | 6 | 23.60 LPA |
IIM Lucknow | 7 | 26.00 LPA |
XLRI Jamshedpur | 8 | 25.08 LPA |
IIT Kharagpur-VGSOM | 9 | 18.44 LPA |
IIT Bombay-SJMSOM | 10 | 21.96 LPA |
MDI Gurgaon | 11 | 22.05 LPA |
NITIE Mumbai | 12 | 20.88 LPA |
IIT Madras-DOMS | 13 | 14.38 LPA |
IIT Roorkee-DOMS | 14 | 10.58 LPA |
IIM Raipur | 15 | 15.20 LPA |
IIT Kanpur | 16 | 12.77 LPA |
IIM Trichy | 17 | 14.85 LPA |
IIM Udaipur | 18 | 13.19 LPA |
SPJIMR Mumbai | 19 | 15.11 LPA |
SIBM Pune | 20 | 19.56 LPA |
IIM Ranchi | 21 | 14.69 LPA |
SVKM’s Narsee Monjee Institute of Management Studies | 22 | 18.33 LPA |
IIM Shillong | 23 | 19.17 LPA |
GLIM Chennai | 24 | 11.00 LPA |
IIFT Delhi | 25 | Rs 21.08 LPA |
IMI Delhi | 26 | 12.77 LPA |
ICFAI Hyderabad | 27 | 7.00 LPA |
IIM Rohtak | 28 | 13.74 LPA |
Amity University | 29 | Rs 5 LPA |
IIT-ISM Dhanbad | 30 | 14 LPA |
MBA Scope: Top Companies and Recruiters
In today’s job market, the scope of an MBA is vast. MBA graduates are in high demand across all industries and domains. Most MBA institutes offer campus placement to their students upon completion of the full-time MBA programme to ensure a smooth start to their career.
MBA degree holders are employed in a variety of capacities by all organisations, large and small, private and public. The following are a few of the top companies that hire MBA graduates through campus placements:
MBA Scope: Top Companies | |
BCG | Citibank |
Deloitte | ITC |
Avendus | Samsung |
Mahindra | ITC |
Reliance | Vodafone |
ICICI Bank | EXL |
HDFC | Larsen & Tubro |
JP Morgan Chase & Co. | HSBC |
PWC | Philips |
McKinsey & Company | Nestle |
Aditya Birla Group | Cipla |
RPG | Flipkart |
Tata | Saint Gobain |
TAS | Crisil |
Wipro | Credit Suisse |
Microsoft | Bajaj |
Accenture | Infosys |
Microland | GAR |
Amazon | Pidilite |
Asian Paints | McKinsey&Company |
MBA Course Frequently Asked Questions
Q: What exactly is an MBA?
A: An MBA is a two-year postgraduate degree programme in business administration and management. The course provides knowledge and training for running a business successfully. Organizational behaviour, finance management, marketing management, operations management, human resource management, business communication, and other topics are covered.
Q: What is the full form of MBA?
A: MBA stands for Master of Business Administration. The course originated in the United States around a century ago and arrived in India in the 1950s. The Indian Institute of Social Welfare And Business Management, or IISWBM, is India’s oldest MBA college. It was founded in 1953.
Q: What is the distinction between an MBA and a PGDM?
A: A degree is awarded to students who complete the MBA programme, while a diploma is awarded to students who complete the PGDM programme. However, the skills and training provided by a degree and a diploma are identical.
Q: What is the best MBA programme?
A: All MBA courses or specialisations provide excellent opportunities for students interested in business management. However, the best MBA programme is entirely dependent on the candidates and their interests.MBA programmes in Sales and Marketing, Operations, Human Resources, Finance, and Information Technology are among the best in India.
Q: What are the best MBA programmes in India?
A: The IIMs of Ahmedabad, Bangalore, and Calcutta are among the best MBA programmes in India. Apart from these three, FMS Delhi, SPJIMR, IMT Ghaziabad, JBMIS, NMIMS, IBS Hyderabad, GIM Goa, GLIM, and others are available. Click here for a list of all top MBA colleges in India.
Q: What are the MBA eligibility requirements?
A: The graduation requirement is the MBA eligibility criteria. Many colleges, however, require minimum aggregate marks in Graduation (50 percent for general candidates and 45 percent for SC/ST candidates) or equivalent from a recognised university.
Q: How do I get into an MBA programme?
A: The MBA application process consists of an entrance exam, a group discussion, and a personal interview. Many colleges only admit students based on their graduation grade. To be admitted to an MBA programme, candidates must fill out an application form and go through the admissions process.
Q: Do I have to take an entrance exam for MBA admission?
A: The majority of Tier-1 and Tier-2 MBA institutes in India accept candidates based on their MBA entrance exam scores. So, if you want to pursue an MBA from a reputable MBA college, you must take an entrance exam.
Q: How long is the MBA programme?
A: The MBA programme lasts two years and is divided into four semesters. This course includes a summer internship after the first year. Candidates are given the opportunity to participate in the placements process in their final year to begin their career.
Q: I have a Bachelor of Arts. Which MBA concentration is right for me?
A: Human Resources, Sales & Marketing, Tourism & Hospitality, Advertising & PR, Entrepreneurship, and General MBA are the best MBA specialisations for Bachelor of Arts degree holders.
Q: Can I get an MBA by correspondence?
A: Yes, many universities, including IGNOU, Annamalai University, and Osmania University, offer correspondence MBA programmes (distance education mode). Many private universities also offer online MBA programmes that you can enrol in.
Q: Will I get a good job after finishing my MBA programme?
A: Yes, most MBA programmes offer students job placement at the end of the programme. Check to see if the college you want to attend has a placement cell to ensure you get a job. Check out its placement reports to find out which companies participate in campus placement.
Top MBA Specialization in India
MAT Exam 2023 (Everything You need to know)
The only exams that come to mind when discussing admission to MBA colleges are CAT or GMAT, but MAT 2023(Management Aptitude Test) is also one of the well-known entrance exams that students should take if they are interested in an MBA or PGDM. Full Name of the MAT Exam: Management Aptitude Test (MAT) MAT Exam Date 2023 are as follow : On June 7, the IBT, CBT, and PBT results for May 2023 were released. Dates for the MAT exams in August–September 2023 will soon be released.
The All India Management Association administers the Management Aptitude Test (MAT), a national-level entrance examination, in order to admit candidates to MBA/PGDM programs offered by colleges. The test is given several times a year. Four phases of these exams are held in February, May, September, and December.
About 900 MBA colleges and business schools accept the MAT for admission.
The MAT 2023 exam is offered in three formats: offline (paper-based), online (computer-based), and remotely proctored (internet-based). A candidate has the option to take the exam in any mode that is most convenient for them; all modes have the same fees, but different modes have different dates.
MAT Exam 2023 (important Dates)
Exams for May 2023 have already been held, and the results were released in June, as is well known.
MAT 2023 February Exam Dates:
EVENTS | TENTATIVE DATES |
---|---|
Starting of the application form submission | January 2023 |
Last date to apply (paper–based exam) | February 2023 |
Last date to apply for Computer-based test | To be announced |
Releasing of admit card for paper-based test | March 2023 |
Releasing of admit card for computer based test | To be announced |
Date of examination | To be announced |
Declaration of result | To be announced |
MAT 2023 May Exam Dates:
Events | Tentative Dates |
Availability of application form | Last week of February 2023 |
Last date to register online | Last week of April 2023 |
Releasing of admit card | Last week of April 2023 to 1st week of May 2023 |
Date of paper based entrance exam | 1st week of May 2023 |
Date of computer based entrance exam | 3rd week of May 2023 |
Declaration of result | May/ June 2023 |
MAT 2023 September Exam Dates:
EVENTS | TENTATIVE DATES |
---|---|
Availability of application form | 1st week of July 2023 |
Last date to register online | August 2023 |
Releasing of admit card | August 2023 |
Entrance exam date (Paper based examination) | 1st week of September 2023 |
Entrance exam date (Computer based examination) | 2nd week of September 2023 |
Declaration of result | October 2023 |
MAT 2023 December Exam Dates:
MAIN EVENTS | TENTATIVE DATES |
---|---|
Availability of application form | 1st week of October 2023 |
Last date to register online | November 2023 |
Releasing of admit card | November 2023 |
Entrance exam date (Paper based examination) | 2nd week of December 2023 |
Entrance exam date (Computer based examination) | 3rd week of December 2023 |
Result announcement | January 2023 |
MAT Exam Eligibility 2023
Let’s now discuss the prerequisites for taking the MAT exam.
These are the primary requirements for taking the MAT exam:
- For the MAT entrance exam, candidates must have graduated from an accredited university.
- Students in their final year can also register for the MAT entrance exam.
- A professional degree, such as a CA, does not preclude applicants from taking the MAT.
MAT Exam 2023 Highlights
Here are some crucial details about MAT 2023.
Features | Details |
Full-Form MAT | Test of Management Aptitude |
Organizing Body | Management Association of All India (AIMA) |
Test Level | national scale |
frequency of exams | 4 times per year |
Test Mode | the CBT, PBT, and IBT |
Exam Length | two hours and thirty minutes |
MAT Exam Curriculum | Language comprehension, data analysis, and mathematical proficiency Critical thinking, intelligence, and quantitative aptitude India and the World’s Environment |
Language | English |
MAT Exam Cost | INR 1,650 (INR 1,100 additionally for the second test mode) |
Exam Objective | Admission to 900+ MBA Colleges in India (approx.) |
Cities Tested: Number | PBT Mode – 54CBT Mode – 31 |
how many people applied | 20,000 to 50,000 (approx.) |
Top 15 Online/Distance MBA Colleges in India 2023
MAT Exam 2023 Syllabus
The MAT 2023 section-by-section syllabus is provided below.
Sections MAT | MAT Exam Curriculum |
Language Understanding | Fill in the blanks, Parajumbles, and Reading Comprehension single-word replacement Correction of Sentences, Verbal Skills, Antonyms and Synonyms, Idioms and Phrases, etc. |
Data Sufficiency & Analysis | Pie charts, bar diagrams, caselet-based data, Venn diagrams, graphs, data comparison, data sufficiency, tables, etc. are examples of data visualisations. |
Mathematical Competence | Mensuration, Number System, Geometry, Trigonometry, Algebra, Inequalities, set theory, LCM and HCF, etc. |
Knowledge & Critical Thinking | Blood Relation, Family Tree, Coding & Decoding, Numeric Grid, Syllogism, Clocks, Calendars, Visual Reasoning, etc. |
MAT 2023 ( You Must-Read Books)
Here are the required readings for MAT 2023.
Subject | Book Title | Author |
Mathematical Skills | Quantitative Aptitude Quantum CAT |
Sarvesh Verma |
Data Interpretation and Sufficiency | How to prepare for Data Interpretation for MAT |
Arun Sharma |
Language Comprehension | CAT Verbal Ability & Reading Comprehension |
Gautam Puri |
General Awareness | Face to Face MAT with 19 years |
BS Sijwali and Tarun Goyal |
Intelligence & Critical Reasoning |
Logical Reasoning and Data Interpretation for CAT |
Gajendra Kumar & Abhishek Banerjee |
MAT Exam 2023 (Exam Pattern and Test Structure)
Below is the MAT 2023 exam schedule.
Exam Features for MAT | Details |
test modes | CBT, PBT, IBT |
Exam length | 150 minutes |
Sections MAT | Language Understanding Data Sufficiency & Analysis Mathematical Competence Knowledge & Critical Thinking India and the World’s Environment |
number of inquiries | 200 |
number of questions, grouped by section | 40 |
total score | 200 |
coding system | +1 for each correct entry and -0.25 for each mistake 0, for failing to ask a question |
How To prepare for MAT Exam 2023?
The MAT 2023 preparation advice provided below can help both students who plan to take the test after self-study and those who are receiving coaching for it.
- Focus on reading first, and read the best books for MAT exam preparation as well as magazines, newspapers, and other materials to enhance your reading comprehension and keep up with current events.
- As much as you can, practise questions. You can practise questions from study guides, practise mock exams, and practise previous year’s papers.
- Maintain a record of your level of preparation to identify your strengths and weaknesses in each section.
- In order to perform well on the MAT, you should focus on the topics that are given more weight in each section.
- To answer the most questions in the allotted time, you must also manage your time.
Top MBA Specialization in India 2023
Best Colleges Accepting MAT Scores in 2023
Top 10 MBA Colleges in India | NIRF ’21 Ranking |
IIM Ahmedabad | 1 |
IIM Bangalore | 2 |
IIM Calcutta | 3 |
IIM Kozhikode | 4 |
IIT Delhi | 5 |
IIM Indore | 6 |
IIM Lucknow | 7 |
XLRI Jamshedpur | 8 |
IIT Kharagpur-VGSOM | 9 |
IIT Bombay SJMSOM | 10 |
FAQ'S
Question: Am I allowed to give MAT 2023 exam in both IBT and PBT mode?
Answer: Candidates may take the MAT 2023 in both IBT and CBT/PBT formats. However, in addition to the INR 1850 in fees, candidates who choose the two options must also pay INR 1125.
Question: For how long will MAT 2023 scores be considered by Management Institutes?
Answer: Candidates can transmit their MAT scores to various management institutes during that time since they will be valid for one year. Thus, results from the MAT 2023 will be accepted for the academic year 2023–2024.
Question: What is the age criteria for MAT 2023?
Answer: The MAT 2023 exam can be taken at any age. Additionally, there is no cap on how many times a candidate may attempt the exam in total.
Question: Where should I register for MAT 2023?
Answer: On the AIMA’s official website, candidates can register to take the MAT in 2023. Candidate registration on the official website is required before they may start submitting their application forms.
Question: When will the counselling process for MAT 2023 be held?
Answer: There is no centralised counselling procedure used by AIMA. Therefore, following the release of the MAT 2023 result, the participating institutes will perform the MAT 2023 counselling process.
Question: What will the MAT 2023 exam format and scoring system be?
Answer: A total of 200 questions will be asked from 5 categories, including Intelligence & Critical Reasoning, Mathematical Skills, Language Skills, DA & Sufficiency, and Indian & Global Environment, in accordance with the MAT test pattern and syllabus. There will be an equal number of questions from each section.
Question: Applications for MAT 2023 would they be made available in an offline mode?
Answer: No, MAT Only the AIMA’s official website will host the application forms. Only those who are qualified and interested in applying online should go to the official website. All PBT, CBT, and IBT modes will follow the same application process.
Question: How much time will the MAT 2023 test take?
Answer: The MAT 2023 exam will last 2 hours and 30 minutes in all formats. Since the MAT exam does not have a subsection time limit, be sure to finish the full paper within the allotted time.
Question: List a few Indian universities that accept MAT scores for MBA admission.
Answer: For MBA admissions, several universities across the US accept MAT scores. XIME Bangalore, SIESCOMS Navi Mumbai, JIMS Delhi, BIMTECH Noida, Christ University, VIT Vellore, and GITAM University are a few of the best universities that accept MAT scores.
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