What is MBA?

Master of Business Administration or MBA is one of the most popular post-graduate programmes in India and abroad. The two-year programme is a gateway to a plethora of job opportunities in the corporate world. Here are some important facts about the MBA program.

MBA Facts

  • The fact that students from any background – including Science, Commerce, and Humanities – may pursue an MBA makes it a popular subject.
  • A standard MBA, often known as a Postgraduate Diploma in Management (PGDM), is a two-year programme separated into four or six semesters. However, several private colleges also offer a one-year PGDM programme.
  • The MBA programme is available in various formats, including regular, online, and distance education. Interested individuals can also discover programmes tailored according to their work expertise, such as the Executive MBA.
  • Instead of an MBA, several management institutions offer a Post-Graduate Diploma (PGD) or Post-Graduate Programme (PGP) in Management. There is not much of a variation between the two, except for their titles.

Also Read: What is the difference between MBA and PGDM.

  • The most common option is the full-time MBA, which includes theoretical lectures, practical projects, and internships.
  • A full-time MBA is preferred by new grads and individuals with a few years of professional experience. Some universities prefer fresh graduates, while others prefer individuals with a few years of job experience.
  • On the other hand, the Executive MBA is appropriate for applicants with more
    than 5 -10 years of work experience since it is meant to improve their managerial
    and leadership abilities to remain competitive in the job market.
  • Online MBAPart Time MBA and Distance MBA programmes are excellent for individuals who want to work and study.

MBA Eligibility

  • Graduation in any subject or Equivalent from a recognized institution is the fundamental qualifying criterion for MBA (full-time).

  • The majority of colleges adhere to the minimum score requirement in Graduation, which is 50% on an average or Equivalent. The minimal aggregate score for students in the Reserved category is 45%.

  • Final-year Candidates with a bachelor’s degree can also enrol for an MBA programme, as long as they show confirmation of completion of their bachelor’s degree within the time frame specified by the institute.

MBA Admissions

Admission into the prestigious B-schools is done through Entrance exams. This exam can be of the following type:

  • On behalf of the other institutions, The National Level Test is administered by an Apex testing authority and some other prominent national-level B-school, such as CAT, MAT, CMAT, or ATMA.
  • State Level Test is administered under the State level testing authorities and other top state-leve s. MAH-CET, OJEE, KMAT, TANCET, or APICET are some examples.
  • Entrance Examination conducted by a Business school for admission in its MBA program has its own benefits. However In some cases the other B-schools may accept these scores as a qualifying criterion. IIFT, XAT, NMAT, SNAP, and IBSAT are a few examples.
  • The entrance exams For an MBA Programme are conducted by an institute affiliated with KIITEE, HPU MAT, and other related institutes.

The qualifying test is generally followed by a second-level screening process, consisting of a group discussion and personal interview that the applicant must qualify to proceed further.
Also Read: MBA admission process and selection criteria

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