GENERAL

What is the Full Form of an MBA?

AH
Arsh • 4 Mins read • 3 Jan 25
What is the Full Form of an MBA? - Types of MBA in IndiaWhat is the Full Form of an MBA? - Types of MBA in India

The term MBA stands for Master of Business Administration. It is a 2-year postgraduate professional degree program. This is a popular course for those students who are interested in pursuing a career in management studies.

Nowadays, business management professionals in multinational corporations are in high demand. So, if you are looking for managerial level jobs, you just need to have a graduation degree in MBA. After completing any UG course, such as B.Com, BBA, B.Tech, MBBS, BCA, BSc, Bachelor of Arts, and so on, students can pursue an MBA in India.


How to Get Admission in an MBA Course in India?

You must be thinking about how we can take admission in an MBA course? What are the stages included in it? And much more. Thus, we are explaining here the complete process for admission to the MBA program. The admissions in MBA are basically based on entrance exams followed by personality assessment test rounds for example -

  • Group discussion (GD)
  • Written ability test
  • Personal interview (PI)


Entry Requirement for MBA

MBA eligibility requirements differ for every MBA college in India and are also dependent on the type of MBA program anyone wants to pursue. Meanwhile, the following are some of the general eligibility criteria for all types of MBA programs:


  • Candidates need to have a bachelor's degree from any stream with a minimum of three years length of the course. B.Tech, B.Sc, BA, BBA, and B.Com are some of the most common bachelor's degree programs.
  • In order to pursue this course, students must have a minimum of 50% in their undergraduate degree from any field.
  • For top institutes like IIMs and IITs students need to achieve 60% in their graduation.
  • Candidates must pass the entrance exam and meet the cutoff requirements set by the MBA colleges. Some of the most famous MBA entrance examinations are CAT, GMAT, XAT among others.
  • Candidates must have received a minimum of 60% in their class 12 final exams from an Indian-recognized institution.
  • Reserved category students, such as OBC, SC, and ST, receive a 5% reduction in the percentage required in several MBA programs.


Various Types of MBA Courses

Let’s take look at all these courses important pieces of information at one go with the given table:

Course

What is it?

Duration

Average Fees

Entry Examinations

Executive MBA

It is for individuals with a lot of job experience

1 year or 15 to 18 months only

INR 4 - 15 lacs

GMAT and CAT

PGDM

It is a diploma program

1 to 2 and a half years

INR 3 - 12 lacs

MAT, CAT, CMAT, XAT, GMAT

Full-Time MBA

Most common type of MBA which is offered by all Indian institutions

2 years

INR 2 - 25 lacs

CAT, XAT, IIFT, CMAT, NMAT

1 Year MBA

It is ideal for those who do not want to quit their jobs to pursue MBA

1 year

INR 20 - 35 lacs

GMAT/GRE

Online MBA

In this, lectures are delivered via video conferencing

1 year to 2 years

INR 50,000 - 5 lacs and above

CAT, XAT, CMAT, MAT, SNAP, etc

Distance MBA

It can be completed via correspondence and remote communication

2 years

INR 50,000 - 2 lacs

Institutes arrange their own entrance examinations


Semester Wise Syllabus of MBA

Students enrolled in management studies are exposed to a variety of subjects. MBA colleges divide these subjects into core and elective categories, allowing students to select from a variety of elective subjects. Take a look at given below some of the subjects covered in MBA:

Semester 1

Semester 2

Human Resource Management

Marketing Research

Managerial Economics

Financial Management

Marketing Management

Management Accounting

Financial Accounting

Organization Effectiveness and Change

Information Technology Management

Management of Information System

Organizational Behaviour

Economic Environment of Business

Business Communication

Operation Management

Quantitative Methods

Management Science



Semester 3

Semester 4

Elective Course

Strategic Analysis

Elective Course

International Business Environment

Legal Environment of Business

Project Study

Business Ethics & Corporate Social Responsibility

Strategic Management


MBA Course - Fees Structure 2025


In India, each MBA college has its own fees structure. Private MBA colleges demand more fees than government colleges. Basically, the cost of a master of business administration degree is confined on the basis of facilities being sponsored all the while the course duration. These facilities can include various things like a hostel, material for study, mess, etc.

MBA fee in India varies from Rs 2,50,000 to Rs 30,00,000. In Indias top MBA institutes, such as the IIMs and XLRI, fees range from INR 15,00,000 to INR 27,00,000. FMS Delhi or GGSIPU are two top colleges with lower MBA costs, which range from ₹ 59,000 to 1,94,000 for management studies.


MBA Jobs and Salary


Specialization

Average Salary (Rupees)

Marketing

14,25,000 to 20,43,000

Human Resource Management

4,50,000 to 15,50,000

Finance

2,00,000 to Rs 14,70,000

Logistics Management

6,25,000 to Rs 8,50,000

Information Technology

10,000 to Rs 6,00,000