MBA or the Master\'s of Business Administration is an academic qualification pursued after a bachelor\'s degree in any discipline. The course teaches the students the essential business practices and principles related to business management. In addition, the course prepares the interested candidates for senior management roles in business administration by exposing them to multiple areas of business such as finance, accounting, marketing, and human resource management.
MBA Course Overview
MBA is a postgraduate program of two years that can be pursued as a full-time and a part-time academic degree program. It is among the most sought and prestigious courses among the other courses that are usually a level up from a bachelor\'s degree in Business Administration. It provides complete in-depth knowledge of the fundamental business practices and can be pursued in online, offline or distance learning modes.
MBA offers a well-designed course curriculum to the students that impart detailed knowledge and understanding of the ways and practices of running a business organisation efficiently. The course is highly recognised and valued by the top recruiters or employers in multiple sectors related to business.
In addition, several business schools in India provide a wide range of specialist disciplines in MBA to the interested students. The MBA course fees are affordable depending on the various business schools in India. The MBA course fees might differ from university to university depending upon the techniques and methods of learning.
MBA Admission and Eligibility Criteria
Multiple governments, private business schools, and universities in India offer MBA courses with specialisation degrees. Every year, lakhs of interested students apply for MBA admission to secure their valuable seats in the top business schools in India. Students are expected to fill out the online registration forms available on the websites of multiple colleges to acquire MBA admission to their desired college and follow the further procedure.
Students can apply for this course after completing their undergraduate degree in any stream from a well-recognised university. However, the candidates interested in MBA admission must meet the minimum eligibility criteria to reserve their seats in the desired business school. The eligibility criteria for MBA admission are usually similar in every university; however, some business schools or colleges might follow different criteria for selecting students for admissions.
Students are selected based on the merit lists generated by several colleges annually. At the same time, the selection of eligible students is also based on the student\'s performance in the various entrance examinations conducted every year at national and state levels. Some of the top entrance examinations that help determine eligible students are given below:
- CAT
- MAT
- XAT
- CMAT
- SNAP
- ATMA
Lakhs of students from different sections of India appear in these entrance tests to be eligible for admission to the top MBA colleges. The student\'s performances in these examinations are evaluated before confirming their seats in the leading business schools and universities with minimal MBA course fees.
MBA Course Fees Structure
MBA course fees in India usually range between INR 5 lakhs to INR 10 lakhs for the two-year full-time course program. MBA course fees in India depend upon the institute the students choose and usually vary from one institute to another. The MBA fee structure depends upon the course type students seek, the methods and techniques of learning that are different in every college, the course structure and the specialisation chosen by the students, etc. The MBA course fees also depend upon various other factors, including infrastructure, accommodation and hostel facilities, extracurricular activities, etc.
Conclusion
MBA is one of the most promising courses in India that provides various benefits to its graduates in multiple aspects. The course awards a professional degree to MBA graduates in business management, providing them with never-ending career opportunities. Students prefer to pursue an MBA course in any specialisation degree as it is one of the most beneficial courses providing several high-paid job profiles to its graduates.
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