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MBA Course: Eligibility, Fees, Subjects & Admission 2024

8,000+

Students Trained & Placed

1,00,000+

Sq.Ft.of training area

45,000+

Worldwide Alumni Network

7

Kitchen Training Facility

₹ 60 Lakhs

UP to Scholarships

100%

Placement Assistance

International & National Internships only at 5-star Properties

One to One Corporate Mentorship

An Entrepreneurial Culture at the Campus

If you aspire to work in leadership positions and broaden your knowledge of the ins and outs of business, then getting an MBA is one of the best decisions you can make for your career. 

The numbers do the talking - statistics show that the employability of MBA graduates in India is at an all-time high in 2024. Compared to an overall employability rate of 52.25% among Indian youth, 71.16% of MBA graduates get hired successfully.

Source

With a vast curriculum and immense scope, feeling lost during the MBA enrollment process is natural. Don’t worry; we’re here to guide you! In this blog, we discuss everything you need to know before enrolling in an MBA course.

Master of Business Administration: An overview

A Master’s in Business Administration is a postgraduate-level professional degree. It equips students with technical and practical knowledge of business processes, including management, finance, economics, and marketing. MBA courses are generally held over two years across four six-month semesters.

Exploring the scope of MBA courses

While many begin their business journey after an MBA, it is also required for promotions to leadership positions. An MBA degree gives you the knowledge and expertise to oversee business operations.

After getting your MBA, you may seek out many job opportunities, such as:

  • Entrepreneur
  • Financial Analyst
  • Finance Manager
  • Marketing Manager
  • Budget Analyst
  • Digital Marketing Manager
  • Business Intelligence Analyst
  • Private Equity Associate
  • Investment Banker
  • Product Manager
  • Human Resource Manager
  • Management Consultant

Who is eligible for an MBA?

Now that you are sure about pursuing an MBA, it is time to check whether you qualify to apply for one. To enroll in an MBA program:

  • A candidate must complete their bachelor’s degree with an aggregate percentage of at least 50% from a recognized college or university.
  • Students from both 10+2+3 and 10+2+4 programs are eligible to apply.
  • A BBA degree is not a requirement for pursuing an MBA, so science, commerce, or arts graduates are also eligible to apply.
  • Students with postgraduate degrees in any field may enroll in an MBA degree.

Understanding the MBA curriculum

The subjects covered under an MBA degree often vary from institute to institute. Regardless of the difference in curriculum, most MBA programs offer certifications and industry internships. 

Some common topics included in an MBA are:

  • Management
  • Accounting
  • Economics
  • Business communication
  • Marketing
  • Organizational behavior
  • Auditing
  • Business Law
  • Business Statistics
  • Financial markets
  • Entrepreneurship

Specializations in Master’s in Business Administration

Due to the vastness of the subject, business schools offer a variety of specializations alongside a core MBA curriculum. MBA Finance and MBA Marketing Management are the degrees of choice for many aspiring business graduates. Other core specializations of an MBA degree include:

  • MBA in Human Resource Management
  • MBA in Business Analytics
  • MBA in Strategic Management
  • MBA in Fintech
  • MBA in Digital Marketing & Media Management
  • MBA in Retail Management & E-commerce
  • MBA in Financial Services
  • MBA in Information Technology
  • MBA in Data Analytics
  • MBA in Tourism Management
  • MBA in Operation & Supply Chain Management
  • MBA in International Business
  • MBA in Marketing Management

What is the application process for an MBA course?

Now that we have a clear picture of an MBA course, let us dive into how you can enroll in one. Here is a step-by-step breakdown of the MBA admission process:

  1. You can qualify to apply by securing 50% marks from any University recognized by the Association of Indian Universities (AIU).
  2. The next step is to clear any MBA entrance exam, such as the CAT, XAT, NMAT, SNAP, or CMAT.
  3. Fill out the application form, ensuring all the information you entered is accurate.
  4. If shortlisted after the application process, you will receive a call letter and be eligible to appear for the Case Analysis and Personal Interview (CAPI)
  5. After clearing the interview round, you can ensure your admission to the MBA course. With that, you will have successfully enrolled in your dream degree!

How much does an MBA course cost?

The fees for an MBA may differ depending on the specialization and the institute. 

Generally, a master’s degree in business administration may cost you anywhere between INR 26,000 and INR 41,00,000. 

We suggest you browse all your options and choose a course that best suits your budget.

Conquer the business world: Enroll in an MBA course

Earning a business administration degree unlocks new frontiers for graduates in the business and finance world. From investment banking to data analytics, an MBA is a versatile degree that transforms business students into pioneers of the future.

Are you excited to learn about the business world and build the career of your dreams? Head to the ITM Business School, India’s top B-school, and check out their Master’s in Business Administration program. The full-time program is headed by expert faculty and provides dedicated placement assistance at reputable companies worldwide.

So, what are you waiting for? Sign up today to pursue your dream business career!

FAQs

1. What are the criteria for MBA admission in 2024?

A candidate must secure 50% aggregate marks at the graduation level in science, commerce, humanities, or any other stream. Additionally, they must attain qualifying marks in an MBA entrance exam like CMAT, XAT, SNAP, or CAT.

2. Which MBA is most in demand?

Some of the most sought-after MBA specializations include:

  • MBA in Human Resource Management
  • MBA in Operation & Supply Chain Management
  • MBA in Business Analytics
  • MBA in Data Science
  • MBA in Finance
  • MBA in Retail Management & E-commerce

3. What is the duration of an MBA?

Generally, an MBA program lasts two years, which are divided into four semesters of six months each.

4. Can I do an MBA without cracking CAT?

Of course! While clearing the CAT exam is mandatory to apply in most B-schools, many MBA colleges in India accept scores from other exams. These include SNAP, XAT, CMAT, and NMAT.


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