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MBA Admission 2023 is Open MBA is one of the most popular postgraduate degrees in both India and foreign countries.
The full form of an MBA is a master’s in business administration.
For most of the managerial jobs at the top and middle level of management requires a management degree.
Thus, we know that an MBA degree if you want to have a managerial job, and people also pursue an MBA degree if they want to build their own business or run their family business.
This is the reason most students after completing their bachelor’s degree pursue an MBA degree.
The MBA course is an academic programme oriented to provide learners with the managerial skills required to run a business. It has subjects such as organisational behaviour, marketing, the principle of management, supply chain management and operation management.
MBA is a 2- year postgraduate programme which can only be pursued after completing graduation.
Most of you must be knowing that admission for MBA is done in most colleges based on the rank secured by the students in the entrance exams.
After the entrance exam students also have to appear in other rounds like group discussion, personal interviews and written ability test rounds.
The typical eligibility criteria for admission in the MBA program in most colleges, students must have secured 50-55% aggregate marks in the undergraduate course approximately.
The most popular entrance exams are CAT, GMAT, MAT, XAT, etc.
The top colleges which offer MBA courses are IIM Ahmedabad, IIM Bangalore, FMS, IIM Calcutta, NMIMS, ISB, XLRI, etc.
The MBA fees for top MBA colleges range between 10-30 lakhs approximately.
The average salary which is offered to students after doing MBA ranges between 7-45 Lakhs approximately.
Top recruiters of the MBA learners are Amazon, Deloitte, KPMG, Facebook, Accenture, etc.
MBA Admission 2023 Important Dates
Given below table shows the important dates of the MBA exam in 2023.
|CAT||From July 31, 2023 onwards||Sunday, November 26, 2023|
|ATMA||1st week of Feb 2023||3rd week of Feb 2023|
|XAT||To Be Announced||Sunday, January 8, 2023|
|MAT||November 2023||3rd week of December 2023|
|CMAT||To Be Announced||February 26, 2023 (Expected)|
|NMAT||To Be Announced||11 to 15 January 2023|
|IRMASAT||To Be Announced||To Be Announced|
|MAH CET||Month of July 2023||4th week of August 2023|
|KIITEE||To Be Announced||1st week of February 2023
|IIFT||To Be Announced||Sunday, December 11, 2022
|BMAT||Last week of
|To Be Announced|
|SNAP||2nd week of
|2nd week of December 2023
|IBSAT||July 1 – 1st week of
|4th week of December 2022|
|CUSAT CAT||To Be Announced||2nd week of May 2023 (PG)
4th week of June 2023 (UG)
MBA COURSE OVERVIEW
MBA is a 2-year degree course which can be pursued only after completing graduation from a recognised university.
Given below table show the overview of the MBA course:
|Course Name||MBA(MASTER’S OF BUSINESS ADMINISTRATION)|
|Course Duration||2 years|
|Course Level||Post Graduation|
|Types of MBA||Full-Time MBA, Part-Time MBA, Distance MBA,
Online MBA, Executive MBA, online executive MBA, etc.
|MBA Course Fee||INR 10 lakh to 30 lakh(approx.)|
|MBA Admission Process||Entrance Exam+ Group Discussion+
Personal Interview or written ability test
|Top MBA Entrance Exams||CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, GMAT|
|Top MBA Colleges||The top colleges which offer MBA courses are
IIM Ahmedabad, IIM Bangalore, FMS,
IIM Calcutta, NMIMS, ISB, XLRI, etc.
|Top MBA Specialisations||Sales, Marketing, Operations, Finance,
Human Resources, Digital Marketing
and Business Analytics, insurance
|Average Salary post-MBA||INR 7 lakh to 45 lakh per annum|
|Top Recruiters post-MBA||Mckinsey, Bain & Co, Morgan Stanley, Citibank,
JP Morgan Chase, Amazon, Facebook,
Google, Adobe, Deloitte, HDFC Bank, Goldman Sachs etc.
The fees and salary mentioned above are approximate it can be either low or high, for fees you can check the official website of the college you want to get admission to.
MBA 2023 eligibility criteria
Full-time MBA eligibility criteria are as follows:
- The basic eligibility criteria for an MBA full-time is graduation in any discipline or equivalent from a recognised university.
- Most of the institutes have a minimum marks requirement of 50-55% aggregate marks approximately.
- Professionals with CA/CS/ICWAI can also pursue a regular full-time MBA.
Before pursuing any degree person must know what skills a person should have or an aptitude to build those skills.
Given below are some core skills required by the MBA professionals
|Full-time MBA: Required Skillset|
|Analytical thinking||Leadership qualities|
|Business acumen||Good communication skills|
|Eye for detail||Goal-oriented & ability to work under pressure|
|Problem-solving Skills||Management skills|
|Strong mathematical skills||Research oriented|
What are the Types of MBA Courses?
Since we know that MBA is an important course and candidates with diverse backgrounds want to have an MBA degree thus, there are various types of MBA to suit everybody’s needs.
Given below is the list of different types of MBA courses:
- Full-time MBA: if you are a student and just want to have a degree and don’t have any other thing to do then you can pursue a Full-time MBA.
- Distance MBA: this kind of MBA is similar to a Part-time MBA, it offers an MBA degree to students via remote communication.
- Part-time MBA: if you are a working professional and want to do an MBA then you can go for a Part-time MBA which will help you to learn key managerial skills.
But if you are looking for placement or internship after a part-time MBA then there are no opportunities of such sort, so you should rather pursue a regular full-time MBA.
Subject wise syllabus MBA 2023
For knowing the suitability of a course for a person one must know the syllabus for the course.
Given below tables show the semester-wise syllabus for the MBA
|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|
The course may differ for different universities, but the basic syllabus for the MBA course remains same.
What are the Top Specialisations in MBA?
Apart from a regular MBA, you can also pursue MBA with some specialisation of your interest.
Given below are the various specialisation offered by various colleges
|List of MBA specialisations|
|Finance||Agriculture & Food Business|
|International Business||NGO Management|
|Sales||Oil & Gas|
|Energy & Environment||Project Management|
Colleges Offering MBA Programme:
Given below table shows the name of top MBA colleges in India.
|Name of the College|
|IIM Bangalore, Kolkata, Indore, Lucknow|
|IMI, New Delhi|