MBA Course Details, Eligibility, Syllabus, Fees, Careers and Salary
– MBA Course Details –
What’s an MBA course all about? Are there different MBA programs? However, this article will provide MBA Course Details. Furthermore, what’s the scope associated with this academic program? Well, read through carefully.
Overview
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 in 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 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 in handy!
Types of Courses
There are two main types of MBA programs available in India. They are –
1. General MBA course
2. MBA specialisation 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 comprises core management subjects and a few elective subjects.
Some of the notable core management subjects are –
1. HR Management
2. Marketing Management
3. Retail Management
4. Finance Management
5. Accounting
6. Economics
7. Organisational Behaviour
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:
1. MBA in HR Management
2. Marketing Management
3. MBA in International Business
4. 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 –
1. IIMs
2. XLRI
3. FMS, Delhi
4. IIT K
5. Jamnalal Bajaj Institute of Management Studies
6. SIBM.
MBA Course Formats
In India, MBA programs are available in many formats. Some of the notable course formats are –
1. Full-time MBA programs
2. Part-time MBA programs
3. Distance MBA programs
4. Online MBA programs
5. Integrated MBA programs
Full-time programs are just like other regular academic programs. The program comprises 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 tests 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 processes.
MBA Course Details: Syllabus
Here are some of the notable subjects present in the MBA curriculum –
1. Principles of management
3. Business Communication
4. Computer Application
5. Economics
6. Business environment
7. Marketing
8. HR management
9. Organisational behaviour
11. Finance management
12. Taxation
13. Retail management
14. Communication skills
15. Entrepreneurship
16. Project work
MBA Course Details: Fees
Fees charged for the academic program may vary from one institute to another. Course fees depend upon the following factors
1. Type of institute (Government, Private, Aided, etc)
2. Location of the college
3. Status and rating of the college
4. Scholarship status (of a student, if applicable)
Government colleges charge low fees. Average fees in private colleges could be anywhere between 80-150K INR per semester.
MBA Course Details: Careers
A wide variety of industries, MNCs, offices, and organisations hires management professionals. Both government and private job opportunities are available in front of them.
Corporate houses, MNCs, NGOs, Educational Institutes, Healthcare setups, Government organisations, Industries, Finance institutes (banks, private enterprises, etc), etc recruit MBA graduates.
Actually, the list of recruiters would go on and on. Many firms need management professionals! Under the above-mentioned work setups, MBA graduates may take up any of the following job posts –
1. Associate
2. Assistant Manager
3. HR Manager
5. Analyst
6. Finance and Accounts Manager
7. Banker
8. Trader
9. Sales and Marketing professional
11. Executive (Sales, Marketing, Advertising, etc)
12. Office Assistant/Executive
13. 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 Course Details: Salary
The starting salary of a management professional depends on several factors. Some of the prominent factors are –
1. Institute from which the candidate completed the course
2. Level of education (UG, PG, etc)
3. His/her specialization
4. The domain he/she has chosen
5. 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.
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CSN Team.
