What is an MBA Course?
MBA, i.e Master’s in Business Administration, is a two-year postgraduate course. MBA aims at building future managers by teaching subjects like accounting, finance and operations.
It is a holistic course and a stop solution to students wishing to build a career in Business and Management. The following are the features of this course-
- It is a professional course focusing on the management aspect.
- MBA aims at developing skills, particularly a blend of hard and soft skills, such as managerial skills and analytical thinking.
- MBA is a course with high salary potential due to the expertise it offers.
- MBA develops the entrepreneurial abilities in a person so as to be able to start or manage their businesses.
- MBA is the right stepping stone towards advancing and building a successful career.
What is The Duration & Structure?
- A normal course in Master’s in business administration is a two-year postgraduate programme consisting of a total of four semesters.
- Executive MBA is generally of 1 year duration.
- However, if a student pursues an integrated BBA+MBA program, the total duration would be 5 years.
- Flexibility of duration is offered in an online MBA, which is mostly for working professionals.
How is the MBA course structured?
- In the first year, general subjects are taught to all the students.
- In the gap between the first and second year, students are recommended to pursue internships in the final year
- Multiple specialisations are offered to the student to choose from specialisation Specialisation-specific subjects are taught to build niche expertise.
What is The MBA Course Eligibility?
The following are the eligibility requirements to pursue an MBA in India-
- First of all, you should be a graduate, no matter what discipline. It could be science, arts or commerce.
- A minimum percentage of marks, mostly 50 per cent, is required to be presented at the graduation level.
- You need to appear in entrance exams like CAT, MAT, XAT or GMAT.
- For the Executive MBA, professional work experience is required to be presented.
Top Entrance Exams for the MBA Course
The following are the popular MBA entrance exams-
- CAT- Common Admission Test conducted by the Indian Institute of Management for admission to most of the IIMs in India and other top B schools of the country.
- XAT- Xavier Aptitude Test for admissions into XLRI Jamshedpur
- CMAT- Common Management Admission Test conducted by the National Testing Agency for getting admissions into colleges approved by the All India Council for Technical Education
- GMAT- Graduate Management Admission Test for admissions into B- B-schools located all over the world and to institutions like the Indian School of Business.
- MAT- Management Aptitude Test conducted by All India Management Association. Private management schools mostly prefer their scores.
- Various state-level universities conduct their own entrance exams, and private universities may have their own entrance exam.
What Are The Top MBA Specializations?
The following are the specialisations offered under the MBA-
- Finance- Finance is one of the most popular and highly opted specialisations for MBA students. The Finance Department is one of the most important departments in an organisation. Hence, finance executives are paid well.
- Marketing- For a person who is interested in interacting with customers, running marketing campaigns and engaging in digital marketing, it is the right choice to pursue.
- Operations- Students who wish to work on the core operational aspect of an organisation, for example business analyst, it is the right choice.
- International Business- In the IB specialisation, subjects like export marketing, India’s foreign trade and overall management of export and import are taught to the students to manage a company’s international business.
- Human Resource Management- An HR manager is the coordinating body of the organisation. Right from recruiting people to placing them in the right positions, HRM offers you a lot.
Top MBA Colleges in India offering MBA
The following is the list of top MBA colleges in India offering Master’s in Business Administration courses.
| Institute/College | Type (Gov/Private) |
Approx. MBA Fees (total course)
|
| Jamia Millia Islamia, Delhi | Government (Public) |
₹ 0.5 L – 1 LPA
|
| IIM Rohtak | Government (Public) | ₹ 19–24 LPA |
| DMS, IIT Delhi (Dept. of Management Studies, IIT Delhi) | Government (Public) | ₹ 12.4 LPA |
| IMT Ghaziabad | Private | ₹ 21–22 LPA |
| Amity University, Noida (Business School) | Private |
₹ 7.8– ₹15 LPA
|
| BML Munjal University (MBA / Management) | Private | ₹ 14–21 LPA |
| FMS, Delhi University (Delhi) | Government (Public) | ₹ 2.32 LPA |
| Jaipuria Institute of Management, Noida | Private | ₹ 15.75 LPA |
| Indian Institute of Foreign Trade (IIFT), Delhi | Government (Public) | ₹ 21–24 LPA |
| MDI Gurgaon | Private | ₹ 21–26 LPA |
What is The Fee Structure For the MBA Course?
The average fee for an MBA from a top IIM in India is around 20 to 25 lakhs for the full program. However, the return on investment(ROI) on this fee is much higher because of the high placement statistics.
An MBA graduate from a top IIM in the country can easily get a 25 to 30 lakhs per annum salary, and according to that, the fee paid during admissions can be recovered in just a year of working.
What Are The Career Opportunities After an MBA?
Multiple career options are there to an MBA graduate to choose from. Such as-
- High-paying Managerial Jobs- MBA graduates can easily get jobs in the corporate sector in managerial positions. A handsome salary package is paid to them.
- Entrepreneurship- Many MBA graduates go on to start their own businesses and do well in life. An MBA equips a person with the necessary knowledge and skills to run a new business from scratch.
- Teaching and research- Qualify NET JRF and pursue PHD to develop expertise in management and start teaching at the college level while engaging in meaningful research.
- Prepare for exams like SSC, Banking and other government exams like UPSC CSE. An MBA graduate is considered to have the necessary aptitude to do well in these examinations.
- Foreign opportunities- MBA graduates from top Institutions of the country are readily invited by foreign companies to work for them and develop their businesses at a very handsome salary package.
Frequently Asked Questions (FAQs)
Q: Is it worth it to pursue an MBA?
Ans: Yes, definitely it is because of the various advantages- career advancement, top managerial positions, handsome salary package, Multispeciality of specialisation to choose from, vast career opportunities, building a great career profile, career advancement and building knowledge to start your own venture.
Q: Which is the best MBA Institute in the country?
Ans: Indian Institute of Management, Ahmedabad, followed by Indian Institute of Management, Bangalore and Indian Institute of Management, Calcutta, are the top 3 Institutions for Management in the country according to NIRF 2025 rankings.
Q: What is the duration of an MBA?
Ans: MBA is a 2-year course spread into four semesters, whereas an executive MBA is generally of one year. However, if a student pursues an integrated BBA + MBA program, it would take a total of 5 years.
