MBA Eligibility Criteria and Fees for Different Specialisations

ByKIIT School of Management (KSOM)

Do you know which professional business degree helps boost your technical expertise and financial rewards and develops your self-confidence to undertake new projects? Earning an MBA degree is the best way to study how to bring your business idea to life with practical or theoretical skills or knowledge from business professionals.

According to research, several recognised startups in the country increased from 471 in 2016 to 72,993 in 2022, recording a massive over 15,400% increase, the trade ministry data shows as of June 30, 2022. About 4,500 companies in the latest technologies, including robots, analytics, internet of things (IoT), artificial intelligence, etc., have been recognised, spanning 56 diverse industries.”

MBA degree is a two-year intensive course which has been gaining extreme popularity in the last few years. The course syllabus is designed so that students are well trained in developing the skills necessary for careers in management business. The core syllabus of the MBA degree is business-related topics such as finance, accounting, marketing, human resources, and operations. Other core subjects that depend on one university to another are sustainability, healthcare, administration and governance, business law, business ethics and corporate social relations (CSR).

Students who have a knowledge of management and aim to build a business and marketing management career can consider pursuing an MBA.

Studying for an MBA degree is a way of learning the skill set students require to turn their passion into purpose. In addition, the program helps students to get well-trained to boost the value of companies, from startups to IPO.

MBA Eligibility Criteria and Fees

This is not hidden from anyone that India and overseas have several universities that offer MBA courses, and MBA courses fees vary from institution to institution. Also, every university’s MBA eligibility criteria vary from one college to another, depending on which specialisation you select. So MBA is a broad field with several courses students can choose from according to their interests.

Management skills or understanding of the course are now the core requirements for every company. The business environment requires employees and the best leaders who can act responsibly to deliver results.

Everyone knows that every sector of India is evolving and establishing new businesses. People are starting their own businesses in various industries like logistics, operations, supply chain management, business analytics, IT, healthcare management, etc. The MBA courses are popular because every organisation needs different MBA experts to manage daily operations. Now let’s have a look at MBA eligibility criteria and MBA courses fees.  

MBA Healthcare Management – MBA in Healthcare Management program is a 2-year course focusing on making healthcare professionals. Graduates are responsible for handling or managing management duties in a pharmaceutical industry, hospital, or healthcare company.

  • MBA eligibility criteria for Healthcare Management – Students must complete a bachelor’s degree with approximately 45-50% from any university.
  • MBA course fees – INR 2 to 10 LPA

MBA in Supply Chain Management – MBA in Supply Chain Management is a two-year professional program divided into four semesters. The course will help students to develop strong management skills and provide knowledge about back-end operations and logistics of a business unit. The course is for those students who wish to become Strategic Sourcing Managers, Business Operations Managers, Managers of Global Sourcing or VP of Supply Chain Operations.

  • MBA eligibility criteria for Supply Chain Management – Students must complete a bachelor’s degree with approximately 45-50% from any university.
  • MBA course fees – INR 2 to 8 LPA

MBA in Business Analytics – An MBA in Business Analytics is a two-year course that teaches how to leverage tools and statistics dealing with data analytics. The syllabus includes material on management practices, technical skills and business fundamentals.

According to a report by Allied Market Research, the Global Big Data and Business Analytics Market are expected to grow at a CAGR of 10.9% to reach $420 Billion by 2027.

  • MBA in Business Analytics eligibility criteria is different in every college, and most universities require students to attain 50% marks in their previous degree. Entrance exams are MAT, CAT, XAT, NMAT, CMAT and GMAT.
  • MBA in Business Analytics course fees – Rs 5 lakh and Rs 15 lakh for a year.

MBA in Construction Management – MBA in Construction Management is a professional 2-year postgraduate management degree divided into four semesters. It deals with the field of construction, such as industries, real estate and infrastructure. After completing a degree, students have the option to work as Real Estate Developers, Project Managers, Site Engineers, and several other positions.

  • MBA eligibility criteria for Construction Management – Minimum Percentage of every university demand is 45-50%.
  • MBA course fees – INR 2 to 8 LPA

MBA in Finance Management – MBA in Finance Management is a two-year degree course divided into four semesters in various private and public colleges in India. During the course, students get well-trained in leadership skills in Corporate Financial Planning, Financial Management, Accounting, Banking and Financial Management, Corporate Acquisitions & Mergers, etc.

  • MBA in Finance Management eligibility criteria – Graduation in any discipline
  • Fees – INR 1,10,000 to 7,00,000

The list shown above has cleared that every MBA course is different, and its eligibility criteria are somehow the same but not the fee structure. This explains that every course differs from the other and has its speciality. So, when selecting any course in MBA, first build interest in it, which will help you achieve height in your career.