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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.

 

 

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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