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What is MBA Degree: Course, Salary, Scope, Fees, Benefits, Career, Jobs, Syllabus, Eligibility and More

MBA Degree – Overview

Alternative job pathways for ambitious working people have multiplied as the threshold for technological growth has soared. An MBA is the most perfect degree for individuals who want to pursue a managerial career in the government or private sector. An MBA management programmes degree that focuses on management is indispensable. To stay up with current market expectations, this degree has undergone constant change. A globally recognised degree like the MBA gives graduates access to a variety of latent abilities that help them manage complex situations in the workplace and the real world.

Potential candidates are given leadership expertise, strategic thinking abilities, and decision-making skills through this postgraduate business degree. The curriculum is designed to better prepare graduates to comprehend fundamental business management tasks. People who desire to learn business abilities should get an MBA, which is a crucial component of fast-advancing careers. An MBA is currently the most preferred stepping stone or certificate to bolster your resume. Additionally, earning an MBA has practically become a prerequisite for beginning a career as an entrepreneur.

You will get a thorough explanation of the MBA degree from this blog. The curriculum, benefits, employment opportunities, top recruiting firms and many other aspects.

MBA Course Objectives

Following are the objectives of an MBA Program

  • Introduces modern and adaptable management techniques;
  • Gets you ready to investigate job prospects across all industries;
  • Aims to broaden your knowledge of management and enhance one's understanding of the global market;
  • Strengthens fundamental and communication skills;
  • Forges extensive professional networks;
  • Opens new career avenues and prospects;
  • Trains one with dynamic managerial skills that ensure greater employment stability.

MBA: Course Highlights

The MBA degree has recently established a paradigm for career advancement. This extensive degree is focused on employment. Therefore, it guarantees exceptional scope and career progress. Let's continue by scrolling through the highlights of an MBA degree:

Full Form Master of Business Administration
Course Level Post-Graduation Degree Course
Course Duration 2 years
Eligibility 50% score in Graduation in any stream
Course Fee INR 95,000
Examination Type Semester
Admission Process Entrance Exam followed by GD & PI
Average Salary After Degree Rs 4,00,000 to Rs 32,00,000 annually
Recruiting Companies After Degree Apple, Amazon, Bain, Goldman Sachs, JPMorgan, etc.

MBA Course Duration

An MBA course admission offers proficiency in any selected specialized subject/domain and typically offers a 2-year study period.

MBA Course Eligibility Criteria

After completing graduation, candidates who meet the following eligibility and test-score requirements may enrol in an MBA program:

  • A bachelor's degree, or the equivalent, in any discipline from an accredited university, with a minimum score of 50%. Students in their last year of graduation may also apply.
  • Scorecard from the National Level Qualifying Test.

MBA Admission Process

Candidates are shortlisted for admission to an MBA program based on how well they do in the aspects indicated below:

  • Any nationally recognized qualifying admission entrance examination (MAH-CET, CAT, XAT, MAT, or ATMA) with a qualifying score is accepted;
  • Performance histories from previous academic and employment experience (if any),
  • Group discussion and personal interview performance.

If you are selected for the final phase of evaluation, you will be contacted to complete your admission documentation.

MBA Course Fees

The cost of an MBA program is typically determined by a few variables, including campus amenities, student development programs offered by universities or institutions, recognition and accolades, placement support, and infrastructure and learning facilities. Therefore, keep in mind that the cost structure will constantly vary. However, the average annual tuition for a reputable best private University In India starts at INR 95,000 and more.

MBA Syllabus

Due to the consistency of the MBA subjects across all institutions in India, the MBA syllabus is also uniform. For the students to review the MBA Syllabus in-depth, the MBA disciplines are included here –

Semester 1 Semester 2
Principles of Marketing Management Business Law
Organizational Behaviour 1 Optimization and Project Research
Quantitative Methods and Statistics Marketing Management
Microeconomics Corporate Finance
Tools and Framework of Decision Making Project Management
Corporate Social Responsibility Macroeconomics
Business Communication and Soft Skills Production & Operations Management
Principles of Accounting Organizational Behavior 2
Semester 3 Semester 4
Business Ethics & Corporate Governance International Business Environment
Business Intelligence Strategic Management
Market Research Elective Course
Strategic Analysis Project Study
Financial Modelling Internship
Managerial Economics -
Elective Course -

What are MBA Specializations

More people are competing for jobs than ever before. The Bureau of Labor Statistics projects that between 2019 and 2029, employment in the business sector will increase by 5%. With a degree like MBA, you can be one of those to seize a promising career opportunity. However, despite how beneficial an MBA is, you can advance your professional career even further by obtaining a specialized MBA in a particular field of business. Consider one of

these MBA specializations:

  • Marketing
  • Finance
  • HRM
  • Healthcare Management
  • Analytics Intelligence
  • Operational Management
  • Accounting
  • Entrepreneurship
  • Strategy
  • IT
  • Supply Chain Management
  • International Business

Salary After MBA Course in India

The scope for MBA experts has drastically changed due to the quick change in industries. According to Pay Scale, the highest paying jobs in India after an MBA offer salaries ranging from Rs 4,00,000 to Rs 32,00,000 annually, depending on the candidate's choice of field and expertise.

MBA Future Scope in India

The MBA has established a paradigm for career advancement. The most sought-after academic program in India by a wide margin is an MBA. This extensive degree is aimed at employment. One can observe that the horizon of development for MBA graduates is enriching, progressive, and stable because MBA provides a broad spectrum of specialized knowledge nearly in all domains. Professionals with an MBA are qualified for employment in the public and private sectors.

Suitable Industries-

  • Consulting
  • Research
  • Insurance
  • Health Care
  • Pharmaceuticals
  • Banking & Finance
  • IT
  • Manufacturing
  • Government
  • NGO
  • Lecture and more.

Career or Jobs Opportunities after MBA Degree

Targeting the different facets of business management and administration is the goal of the MBA program. It can assist you in laying a solid basis on which to build a career in any field and raise your perceived value to top recruiters. An MBA's versatility allows you to pursue a variety of job routes, which is one of its greatest benefits.

Let's now look over the top career opportunities you can aspire for with an MBA degree:

Suitable job opportunities are:

  • Marketing Head
  • HR Manager
  • Financial Advisor
  • Market Research Analyst
  • Public Relations Manager
  • Quality Assurance Head
  • Product and Brand Manager
  • Senior Business Consultant
  • Operational Manager
  • Logistics Officer and more.

How to Choose the Top MBA College?

Planning an MBA or figuring out how to pick the best MBA schools is therefore a very important step. Choosing the ideal college to get an MBA can be very challenging with so many promising colleges sprouting up every day!

Let's look at the criteria below so you can choose the college that's best for you. It depends on several variables, including the college's location, reputation, the calibre of its instructors, the career paths and salaries offered during placement, the alumni network, the cost of the courses, etc.

Top Companies Hiring MBA Graduates

Once you have earned your MBA, the job hunt will begin. Numerous large corporations, including banks, engineering and software companies, consulting firms, insurance companies, and even banks, provide employment opportunities.

Large corporations like Bain, Goldman Sachs, and JPMorgan are giving newly hired MBAs the option to work under industry professionals as more and more new grads enter the corporate job market.

We compiled a list of the top recruiter hiring MBA professionals:

  • Amazon
  • Apple
  • BCG
  • JP Morgan
  • Google
  • Deloitte
  • Accenture
  • Morgan Stanley
  • AT Kearney
  • Microsoft

Benefits of Doing an MBA Course

An MBA program gives a potential student more enhanced information, expertise, and abilities in a variety of interest areas. It offers a variety of specializations that enable the candidate to develop in-depth knowledge and proficiency in particular fields. The demand for studying an MBA specialization has therefore increased in the modern world.

Let's now look at the factors that motivate management students to choose this course of study:

  • You get to learn and enhance the skills required for managerial roles.
  • You learn to understand and incorporate innovative ideas into your projects and to develop and use entrepreneurial skills.
  • You learn to lead teams and establish your management style.
  • You learn to develop business strategies, which have been created and led to success by business leaders across the globe.
  • A highly acclaimed professional degree, an MBA also equips you with vital success-oriented life skills.
  • An MBA program will give you the information and abilities you need to someday launch and manage your enterprises.
  • Graduates with an MBA degree have greater career chances and earn more money than they otherwise would.
  • MBA students have an additional opportunity to network in the business world.
  • Graduates of MBA programs gain access to a wider variety of opportunities.
  • An MBA educates individuals to anticipate changes in the corporate environment.
  • An MBA gives people credibility in the market, which is often important for those who opt to start their businesses rather than work for an organization.

Required Skills for MBA Course

What competencies do recruiters at the top business schools look for on campus? Which marketable skills do companies look for when recruiting a candidate? Which fundamental abilities will you need to be a successful MBA candidate?

These are the prerequisites for the MBA program:

  • Interpersonal Skills
  • Strategic Thinking
  • Communication Skills
  • Leadership Skills
  • Presentation and Design
  • Entrepreneurial Skills
  • Decision-making
  • Project Management
  • Data Analysis
  • Strategic thinking and analysis
  • Time management, etc.

MBA Degree: Related FAQs

Q1 - What is the qualification for MBA?

For admission to the MBA program, the interested applicant must meet the eligibility requirements like; a graduate degree in any discipline with at least 50% of the total marks from an accredited university

Q2 - Is MBA a good course?

Yes, MBA is a good course. If you acquire an MBA, your professional market value will increase and you will have superior employment prospects.

Q3 - Which entrance exam is needed for MBA?

CAT or GMAT scores are typically a basic prerequisite for admission to B schools in India. AICTE has approved six nationwide tests in total. GMAT, CAT, MAT, ATMA, NMAT, XAT, and CMAT are all on the list of all MBA entrance tests offered in India.

Q4 - How hard is MBA?

Nothing about the MBA is difficult. It is a demanding curriculum that requires your full commitment throughout the course, yet it does not need you to recall anything. Each day brings a different challenge.

Q5 - Is there a good career after MBA?

Yes. Your career will be enhanced with an MBA, which provides you with a wealth of options to advance your profession.

Q6 - What is the course duration of an MBA?

The duration of the course is 2 years.

Q7 - What job can I get after my MBA?

Getting an MBA will give you the necessary information and abilities to succeed in the field. Depending on your abilities and business expertise, you may receive some of the best pay. Product managers, marketing managers, business analysts, analytics managers, etc. are just a few of the available positions.

Key Takeaway!

In conclusion, an MBA is the best degree to take if you want a stable future and a significant return on your investment.

An internationally renowned university in Aligarh, Mangalayatan University cultivates knowledgeable business executives that yearn to have a constructive impact on society. Here, young professionals engage in intensive learning, real-world projects, internship opportunities, and skill-upgrading certificates to excel in a variety of fields.

Contact our Career Counselors right away if you're ready to begin an MBA Program! You can also fill out the form on the university's website and learn more about the academic excellence at Mangalayatan University.

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