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MBA: Course Details, Eligibility, Syllabus, Fees, Careers and Salary

Filed in Education by on December 11, 2020

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MBA: Course Details, Eligibility, Syllabus, Fees, Careers and Salary.

MBA Course Details: What’s MBA course all about? Are there different types of MBA programs? What’s the course content like? What’s the scope associated with this academic program?

These and many other questions you will find answer in this article, read through carefully.

MBA: Course Details, Eligibility, Syllabus, Fees, Careers and Salary

MBA stands for Master of Business Administration. It is a job-oriented postgraduate level management course.

It takes a certain amount of management knowledge and skills to thrive in administrative roles. This is where a management education course like MBA comes handy!

Candidates who have completed Bachelor’s Degree from a recognized University/Institute are eligible to pursue this course. The academic program is 2 years long.

In this article, you will get to know of many things such as – MBA course details, eligibility, colleges, admission, syllabus, fees, careers, and salary. Graduates who are also interested in management education will benefit hugely from this post!

Here’s an overview of the MBA course

  • Name of the Course: MBA (Master of Business Administration)
  • Type of course: Postgraduate level Master’s Degree course
  • Duration: 2 years
  • Eligibility: Completed Bachelor’s Degree program from a recognized University/Institute

MBA: Basic Details

MBA stands for Master of Business Administration. It is a postgraduate level course. The main aim of this course is to instill management skills and knowledge in students.

If you want to take up key administrative and managerial roles in companies, corporate firms, MNCs and businesses, you must have adequate knowledge about the fundamentals of management.

It takes a certain amount of management knowledge and skills to thrive in administrative roles. This is where a management education course like MBA comes handy!

Types of Courses

There are two main types of MBA programs available in India. They are –

  • General MBA course
  • MBA specialization courses

 General MBA

The General MBA course focuses on the basics of management. It helps students take on the broad field of management. The curriculum of the general MBA program consists of core management subjects and a few elective subjects.

Some of the notable core management subjects are –

  • HR Management
  • Marketing Management
  • Retail Management
  • Finance Management
  • Accounting
  • Economics
  • Organizational Behavior

The first year of a general MBA program usually consists of core subjects. Elective subjects enter the stage in the second year. The availability of elective subjects may vary from one institute to another.

MBA: Specialization Courses

MBA specialization programs focus on a particular domain/discipline. Such programs cover core management subjects as well as subjects related to the field of specialization. Some such notable specialization programs are:

  • MBA in HR Management
  • MBA in Marketing Management
  • MBA in International Business
  • MBA in Finance Management

For an exhaustive list, check out this article – the best MBA specialization courses in India.

MBA Duration

The academic program is 2 years long. Each year consists of 2 semesters. The entire academic program is made up of 4 semesters.

MBA Eligibility

The minimum educational qualification required is – completed Bachelor’s Degree course from a recognized University/Institute. Minimum aggregate marks criteria may exist and it may vary from one institute to another.

MBA Colleges

There exist many Government and Private colleges across India offering this course. Government colleges charge relatively lower fees than their private counterparts. Some of the notable Colleges are –

  • IIMs
  • XLRI
  • FMS, Delhi
  • IIT K
  • Jamnalal Bajaj Institute of Management Studies
  • SIBM

 MBA Course Formats

In India, MBA programs are available in many formats. Some of the notable course formats are –

  • Full-time MBA programs
  • Part-time MBA programs
  • Distance MBA programs
  • Online MBA programs
  • Integrated MBA programs

Full-time programs are just like other regular academic programs. The program consists of regular classroom lectures.

Part-time programs are tailor-made for working professionals. Such programs are more flexible than full-time programs.

MBA Admission

Reputed institutes rely on the merit-based admission process. Such institutes make use of relevant entrance test to select deserving candidates.

Some institutes are also known to conduct their own qualifying test in order to select deserving candidates. Here are some of the popular MBA entrance exams in India.

Some other institutes are also known to conduct direct as well as donation-based admission process.

MBA Syllabus

Here are some of the notable subjects present in the MBA curriculum –

  • Principles of management
  • Business laws
  • Business Communication
  • Computer Application
  • Economics
  • Business environment
  • Marketing
  • HR management
  • Organizational behavior
  • Business planning
  • Finance management
  • Taxation
  • Retail management
  • Communication skills
  • Entrepreneurship
  • Project work

 MBA Fees

Fees charged for the academic program may vary from one institute to another. Course fees depend upon the following factors

  • Type of institute (Government, Private, Aided, etc)
  • Location of the college
  • Status and rating of the college
  • Scholarship status (of a student, if applicable)

Government colleges are known to charge low fees. Average fees in private colleges could be anywhere between 80-150K INR per semester.

MBA Careers

Management professionals are hired by a wide variety of industries, MNCs, offices, and organizations. Both government and private job opportunities are available in front of them.

Corporate houses, MNCs, NGOs, Educational Institutes, Healthcare setups, Government organizations, Industries, Finance institutes (banks, private enterprises, etc), etc are known to recruit MBA graduates.

Actually, the list of recruiters would go on and on, management professionals are needed by many firms! Under the above-mentioned work setups, MBA graduates may take up any of the following job posts –

  • Associate
  • Assistant Manager
  • HR Manager
  • Operations Manager
  • Analyst
  • Finance and Accounts Manager
  • Banker
  • Trader
  • Sales and Marketing professional
  • Auditing Assistant
  • Executive (Sales, Marketing, Advertising, etc)
  • Office Assistant/Executive
  • Research Assistant

Other than an office job, entrepreneurship is another opportunity available in front of MBA graduates.

If you are an entrepreneur at heart, you may start your own venture or business. Other than that, working as an independent consultant is another excellent option!

MBA Salary

The starting salary of a management professional depends upon a number of factors. Some of the prominent factors are –

  • Institute from which the candidate completed the course
  • Level of education (UG, PG, etc)
  • His/her specialization
  • The domain he/she has chosen
  • Job location

On average, starting salary could be anywhere between 40-80K INR per month. In the case of a Government job, the salary will be as per the pay scale and grade.

Salary will also depend on the type of work you take up after completing the course. If you start your own business, profit generated (by the business) will matter the most (rather than your salary). The same thing rings true if you choose entrepreneurship.

We believe you have learned one or two things from here? And that the above information has given you the satisfaction you needed as regards the MBA Course? Why not share it with your friends out there by clicking the share button on this website. You can also subscribe to other information and posts.

CSN Team.

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