What is the Full Form of an MBA?

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 |