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Course | ||
MBA | BBA | PGDBM |
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:
- What makes MBA such a popular course is that students from any background – including Science, Commerce and Humanities – can pursue it.
- A regular MBA or Post-Graduation Diploma in Management (PGDM) is generally a two-year course divided into four or six semesters. However, there are certain private institutes that offer one-year PGDM programmes as well.
- One can pursue MBA in various modes, such as, Regular, Online and Distance-Education. Interested candidates can also find programmes customised based on their professional experience such as Executive MBA.
- Many management institutes offer Post-Graduate Diploma (PGD) or Post-Graduate Programme (PGP) in Management instead of an MBA degree. There is not much difference between the two, but for their titles. Also Read: What is the difference between MBA and PGDM.
- The full-time MBA is the most popular among all, and includes theory classes, practical projects, and internships.
- Fresh graduates as well as candidates with a few years of work experience opt for a full-time MBA. Some colleges prefer fresh graduates while some colleges give higher preference to candidates with a few years of work experience.
- On the other hand, the Executive MBA is fit for candidates with more than 5 -10 years work experience as it is designed to enhance their managerial and leadership skills to stay relevant in the job market.
There are many confusing questions that the ever-popular “MBA” generates every year, as new higher education aspirants, hit the internet for answers. Click below to download the “Shiksha MBA Guide 2019”, which aims to keep students informed about various aspects of pursuing a MBA career in India.
MBA eligibility
Full-time MBA eligibility criteria are as follows:
- The basic eligibility criteria for MBA (full-time) is Graduation in any discipline or equivalent from a recognised university
- Most of the institutes follow the minimum score criteria in Graduation which is 50 per cent in average or equivalent. For Reserved category students, the minimum score in 45 per cent in aggregate
- Final-year Graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of Graduation degree within the duration specified by the institute
MBA Admissions
Admissions to all B-schools typically take place through an admission test. This test can be one of the following types:
- National Level Test conducted by an apex testing body or a top national B-school on behalf of the other participating colleges. eg: CAT, MAT, CMAT or ATMA
- State Level Test conducted by a state level testing body or a top state B-school on behalf of the other participating colleges in that state. eg: MAH-CET, OJEE, KMAT, TANCET or APICET
- Test conducted by a B-school for entrance to its own MBA programme. In some cases, these scores can be accepted as a qualifying criteria by other B-schools as well. eg: IIFT, XAT, NMAT, SNAP, IBSAT
- Test conducted by a university for entrance to MBA programmes being offered by colleges that are affiliated to it. eg: KIITEE, HPU MAT
The qualifying exam is usually followed by a second level screening round that could be a group discussion or a personal interview conducted by the college that the student has qualified for.
Top MBA entrance exams
Given below is the list of top MBA exams scores that are valid for admission to various B-schools.
CAT | XAT |
CMAT | MAT |
SNAP | NMAT |
List of all MBA entrance exams
Popular MBA Specializations
MBA Finance | MBA Marketing |
MBA IT | MBA HR |
MBA Skillset
A manager is expected to lead a team of professionals hence the most important skills for a successful manager are good communication and leadership qualities. Take a look at some of the skills required for MBA/PGDM, below:
Full-time MBA: Required Skillset | |
---|---|
Business acumen | Good communication skills |
Problem-solving Skills | Management skills |
Strong mathematical skills | Research oriented |
Analytical thinking | Leadership qualities |
Eye for detail | Goal-oriented & ability to work under pressure |
CAT 2019 Mock Test will help you to get an idea about the type of questions that will be asked, the exam pattern and marking scheme. After taking the test, you can immediately check your score. You can also download the Question Paper along with answers and their explanations for Free. Click below to start the free online test now.
MBA courses and specialisations
Apart from the generic MBA course, there are many MBA specialisations available to candidates. It is recommended that every candidate must choose a branch or specialisation in their MBA programme since it equips them better with the requisite skills for specific domains such as finance, operations, human resources, marketing, to name a few.
Some of the most popular MBA specialisations are listed below:
MBA/PGDM specialisations | |
---|---|
Finance | Infrastructure |
Marketing | International Business |
Sales | Disaster Management |
Human Resources | Energy & Environment |
Operations | Import & Export |
Product | IT & Systems |
Business Analytics | Healthcare & Hospital |
Digital Marketing | Business Economics |
Entrepreneurship | Agriculture & Food Business |
Advertising | Materials Management |
NGO Management | Oil & Gas |
Pharma | Retail |
Project Management | Rural Management |
Sports Management | Supply Chain |
Telecom | Textile Management |
Transport & Logistics | Forestry |
Public Policy | Hospitality |
MBA Subjects
Students pursuing MBA programme are exposed to a range of subjects. In a two year programme, students begin with core subjects such as Organisational Behaviour, Marketing, Principles of Management, to name a few. In the second year, they are exposed to subjects such as Entrepreneurship and Business Law, among others. Often MBA schools classify these subjects as core and electives and give a chance to students to choose between the elective subjects. Listed below are some of the subjects that most MBA courses offer:
- Marketing
- HR management
- Business planning
- Finance management
- Principles of management
- Business laws
- Communication skills
- Entrepreneurship
- Business Communication
- Computer Application
- Organizational behavior
- Taxation
- Retail management
- Project work
- Economics
- Business environment
The regular MBA course is a two year programme divided into four-six terms/semesters. Listed below are the semster-wise MBA subjects for general course:
MBA Semester I Syllabus | |
---|---|
Organizational Behaviour | Marketing Management |
Quantitative Methods | Human Resource Management |
Managerial Economics | Business Communication |
Financial Accounting | Information Technology Management |
MBA Semester II Syllabus | |
---|---|
Organization Effectiveness and Change | Management Accounting |
Management Science | Operation Management |
Economic Environment of Business | Marketing Research |
Financial Management | Management of Information System |
MBA Semester III Syllabus | |
---|---|
Business Ethics & Corporate Social Responsibility | Strategic Analysis |
Legal Environment of Business | Elective Course |
MBA Semester IV Syllabus | |
---|---|
Project Study | International Business Environment |
Strategic Management | Elective Course |
MBA/PGDM Jobs and Career Opportunities
An MBA degree holder is expected to take up the managerial responsibility of the department they are hired for. A manager’s job profile broadly includes planning, strategising, execution, leading the team, liaison with clients, coordinating with other departments, delegation of work and responsibilities, reporting to higher authorities regarding projects undertaken.
MBA jobs | Average salary per annum (Rs in lakh) |
---|---|
Finance Manager | 9.6 |
Marketing Manager | 10 |
Sales Manager | 10 |
Human Resources Manager | 4 |
Operations Manager | 7 |
Product Manager | 15 |
Data Analytics Manager | 14 |
Digital Marketing Manager | 4.5 |
Advertising Sales Manager | 8.5 |
NGO Manager | 5 |
Project Manager | 13 |
Telecom Manager | 7 |
Transport & Logistics Manager | 6 |
Infrastructure Manager | 11 |
International Business Manager | 9 |
Risk Manager | 10 |
Energy & Environment Manager | 6 |
Import & Export Manager | 6 |
IT & Systems Manager | 7 |
Healthcare & Hospital Manager | 4 |
Materials Manager | 6 |
Retail Manager | 5 |
Supply Chain Manager | 8 |
Public Policy Manager | 7 |
*The salary data has been obtained from Payscale.com
Scope of MBA: Top Companies
The scope of MBA is huge in the current job market. MBA graduates are in high demand in every industry and in every domain. Most of the MBA institutes provide campus placement to their students on completion of the full-time MBA course for a smooth beginning of their career.
All organisations, big or small, private or government, hire MBA degree holders in various capacities. Below is the list of some of the top companies that hire MBA graduates through campus placements.
MBA: Top Companies | |
---|---|
BCG | Citibank |
Deloitte | ITC |
Avendus | Samsung |
Mahindra | ITC |
Reliance | Vodafone |
ICICI Bank | EXL |
HDFC | Larsen & Tubro |
JP Morgan Chase & Co. | HSBC |
PWC | Philips |
McKinsey & Company | Nestle |
Aditya Birla Group | Cipla |
RPG | Flipkart |
Tata | Saint Gobain |
TAS | Crisil |
Wipro | Credit Suisse |
Microsoft | Bajaj |
Accenture | Infosys |
Microland | GAR |
Amazon | Pidilite |
Asian Paints | McKinsey&Company |
Read more:
- Top 5 MBA Specializations in India
- Top MBA specializations: Which Course to choose?
- 14 MBA specialisations you should definitely know about
FAQs related to MBA course
Q: Which MBA course is the best?
A: All of MBA courses or specializations have bright prospects for students it the field of business management. However, the best MBA course depends solely on the candidates and their interest. Some of the best MBA courses in India are MBA in Sales & Marketing, MBA in Operations, MBA in HR, MBA in Finance and MBA in Information Technology.
Q: Which are the top MBA colleges in India?
A: The IIM A, B and C are considered top MBA colleges in India. Apart from these three MDI, FMS, SPJIMR, IMT, JBMIS, NMIMS, IBS, GIM, GLIM and others. For the list of all top MBA colleges in India,
Q: What is the eligibility criteria for MBA?
A: Eligibility criteria for MBA is Graduation. However, Many colleges prescribe minimum marks in aggregate in Graduation ( 50% for General and 45 percent for SC/ST candidates).
Q: How can I get admission in MBA course?
A: The MBA admission process includes entrance exam, group discussion and personal interview. Many colleges offer admission on the basis of graduation score only. To get admission in MBA course, the candidate will have to fill an application form and follow the admission process.
Q: Do I need to appear for entrance exam for MBA?
A: Most of the Tier-1 and Tier-2 MBA institutes in India accept candidates on the basis of MBA entrance exam score. So, if you want to pursue MBA from a reputed MBA college, taking an entrance exam is a must.
Q: What is the duration of MBA course?
A: MBA course is of two years, divided into four semesters. This course duration also includes summer internship after the first year.
Q: I have a Bachelors in Arts degree. Which MBA specialization is best for me?
A: The most suitable MBA specialization for Bachelors in Arts degree holders are HR, Sales & Marketing, Tourism & Hospitality, Entrepreneurship and General MBA.
Q: Can I pursue MBA through correspondence?
A: Yes, many universities like IGNOU, Annamalai University and Osmania University offer MBA programmes in correspondence (distance education mode).
Q: Will I get good placement after completing MBA course?
A: Yes, most of the MBA colleges provide placement to its students at the end of the course. To ensure, you get a placement, check whether the college you shortlist for admission has a placement cell or not. Also check its placement reports to know which companies participate in campus placement.
Q: What is the difference between MBA and PGDM?
A: After completing the MBA course, the student gets a degree while after completing PGDM, the student gets a diploma.
What is BBA (Bachelor of Business Administration)?
Bachelor of Business Administration or BBA is one of the most popular bachelor degree programmes after class XII. The BBA course is the gateway to numerous job opportunities in a plethora of sectors like Marketing, Education, Finance, Sales, and Government to name just a few. Here are some important highlights about the BBA program/degree that you should know about:
- The 3-year professional undergraduate course in Business Management is open to students from all the three streams: Science, Arts and Commerce.
- The BBA course offers knowledge and training in management and leadership skills to prepare them for managerial roles and entrepreneurship.
- During the tenure of the course, candidates learn various aspects of business administration and management through classroom lectures and practical projects like internship.
- BBA can be pursued in full-time as well as correspondence mode.
- There are various BBA specializations one can choose from such as
- Human Resource Management
- Finance
- Sales & Marketing
- Information Technology
- The average starting salary of a BBA graduate is on an average Rs 3 lakh and upwards.
BBA Eligibility Criteria and Entrance Exams
- Aspirants who have completed their Class XII (10+2 level) in any stream from a recognised educational board or university can pursue BBA
- The candidates must have attained an aggregate score of 50% and above in Class XII
- In case a candidate has appeared for Class XII exam and is waiting for the result, s/he can also apply to the course.
Top Entrance Exams for BBA
Generally, admission to BBA is granted on the basis of an entrance test conducted by the institute/college offering the course. Also, few institutes conduct Group Discussion and Personal Interview rounds followed by the entrance test. Final admission is granted to candidates on the basis of the scores obtained in Qualifying Examination, Entrance Test, and GD-PI. Some of the popular BBA entrance examinations are listed below:
NPAT | UGAT |
IPMAT | AUMAT |
FEAT | BHU UET |
List of all BBA Entrance Exams
BBA Specializations
Some of the most popular BBA specializations are listed below:
BBA Finance | BBA in Banking and Insurance | BBA Information Technology |
BBA Human Resource | BBA Marketing | BBA Communication and Media Management |
BBA Foreign Trade | BBA Hospitality and Hotel Management | BBA Hospital and Healthcare Management |
Also read: Top Specializations in BBA
BBA Syllabus and Subjects
BBA syllabus is devided into six semesters. The BBA syllabus broadly consists of subjects like Business Organisation, Business Communication, Fundamentals of Accounting, Business Mathematics, Management Concepts & Practices, Organisational Behavior, Managerial Economics, Management Accounting, Business Environment, Business Statics, Marketing Management, etc.
Given below is the list of few subjects and topics under BBA Syllabus:
Principles of Management | Business Mathematics & Statics | Introduction to Operations Research |
Business Economics | Financial & Management Accounting | Production & Material Management |
Personnel Management & Industry Relations | Marketing Management | Business Data Processing |
Business Laws | Introduction to Psychology | Business Analytics |
Introduction to Sociology | Micro Economics | Organisational Behaviour |
Essentials of Marketing | Corporate Strategic Management | Human Resource Management |
MIS / Systems Design | Understanding Industry and Markets | Leadership and Ethics |
Strategy | Entrepreneurship | International Business Management |
Sales & Distribution Management | Commercial Bank Management | Security Analysis |
Manufacture Planning and Control | Digital Marketing | Retail Management |
E-Commerce | Quantitative Methods | Computer Applications |
Family Business Management | Export/ Import Management | PR Management |
Project Management | Financial & Commodity Derivatives | Financial Modelling using spreadsheets |
Industrial Relations and Labour Legislation | Consumer Behaviour |
Apart from these, the BBA syllabus also includes practical skills including the following:
Soft Skills & Personality Development | Professional Communication & Behavioral Grooming | Writing Skills |
Etiquette | Conversational Skills | Consulting & Problem solving skills |
Selling | Negotiating | Persuading skills |
BBA Jobs & Top Recruiters
On completion of BBA, aspirants generally opt for MBA. However, candidates can also choose to explore job opportunities in various fields like banking, urban infrastructure & real estate management, business consultancies, advertising, manufacturing and in Government sectors to name a few. Some major job profiles one can opt for after completion of BBA are as follows:
- Human Resource Executive: The responsibility of a Human Resource Executive (HR Executive) includes ensuring that the strategies, methodology and HR programs are administered and the objectives of the organization are in consistence with proficient benchmarks, state and government administrative prerequisites and laws. Also, planning, advising on HR strategies and overseeing human asset activities like enrollment and pay is the key responsibility of an HR Manager. The average salary of Human Resource Manager is Rs 4 lakh and upwards
- Marketing Executive: A Marketing Executive develops official statements and is responsible for promotion for the organization’s products, conducting and analysing a competitive research, and establishing objectives, expectations and results for marketing programmes. The average salary of Marketing Executive is Rs 3 lakh and upwards
- Marketing Manager: A Marketing Manager collaborates with product managers and aims at executing new/ modified programs for the establishment of improved strategies. Developing market research studies & analyze their finding, making the best use of marketing programs & campaigns for the organisation’s products and services are the responsibilities of a Marketing Manager. The average salary of a Marketing Manager is Rs 4.5 lakh and upwards
- Sales Executive: The Sales Executive is required to design and implement strategies to increase company sales revenue and expand the company’s base in the market. The average salary of a Sales Executive is Rs 3 lakh and upwards.
- Research and Development (R&D) Executive: A R&D Manager directs and manages the development & research programmes of an organisation in order to meet the needs of the organisation. Measuring the scope of research projects & making sure that they are delivered on time within the stipulated budget is the role of an R&D Manager. The average salary of a Sales Executive is Rs 2 lakh and upwards.
*The salary data has been obtained from Payscale.com
BBA Top Recruiters
Some of the top companies offering jobs to BBA graduates are:
Tata Consultancy Services (TCS) | Hindustan Unilever |
International Business Machines (IBM) Corp | Ernst & Young (EY) |
Hewlett-Packard | ICICI Bank |
Microsoft | Mc Kinsey and Company |
Deloitte | Sony |
Post Graduate Diploma in Business Management (PGDBM)
Post Graduate Diploma in Business Management or just PGDBM is a full-time post-graduate diploma course. The duration of this course is 2 years divided into 4 semesters.
Candidates who have completed the bachelor’s degree in business management or any equivalent bachelor’s degree with 50% of marks from a recognized university are eligible for this course. Various colleges offer this course throughout India with their own admission processes, eligibility criteria, and fees structures.
The average fee for this course ranges between INR 4,000 to 20 Lacs based on the student’s marks or scores obtained in their bachelor’s degree examination or an entrance exam. Admission for PGDBM course is merit-based or entrance-based. Many colleges select candidates through merit-list prepared by a university for this course admission. Some of the reputed institutes conduct entrance examination along with a personal interview round for selecting candidates for course admission. Entrance exams may vary from one institute to another. Few colleges directly admit students for this course admission.
This course provides advanced skills, knowledge, and competencies in the functional areas of management and focuses on the features and importance of the management which is the most relevant element in business success. This course will ensure that applying management competencies to change the business environment do lead to driving organizational growth. After completion of this course, graduates may get opportunities in areas like Colleges and Universities, Import and Export Houses, etc. Graduates may work in positions like:
- Business manager
- Business analyst
- Business development manager
- Product manager
- Marketing manager
- Procurement manager
- Sales assistant manager, etc.
The average salary for these professionals ranges between INR 3 to 7 Lacs based on their experience and expertise in this field. This figure can go up to 25 Lacs also.
PGDBM: Course Highlights
Written below are some of the major highlights of the course.
Course Level | Postgraduate Diploma |
Duration | 2 years |
Examination Type | Semester type |
Eligibility | Bachelor’s degree in business management or any equivalent subject. |
Admission Process | Merit-based or Entrance-based |
Top recruiting organizations | Parexel International, Mangates, Gartner Inc., Esri India, etc. |
Top recruiting areas | Colleges and Universities, Import and Export Houses, etc. |
Top job profiles | Business manager, Business analyst, Business development manager, Product manager, Marketing manager, Financial analyst, Procurement manager, Sales assistant manager |
Course Fee | INR 4,000 to 20 Lacs |
Average Starting Salary | INR 3 to 7 Lacs |
PGDBM: What is it about?
PGDBMcourseprepares individuals to integrate their knowledge of organizational behavior, communication studies, and psychology into tackling real-world scenarios and finding solutions. The course has a particular focus on the human resource elements of business and will help students to develop the skills needed to contribute to the management and development of staff to further the organization’s goals.
This course is designed to develop skill full and strategic managers who are knowledgeable and experienced in teamwork and relationship building. This program aims to provide future business leaders with a solid grounding in management disciplines, as well as the interpersonal and analytical skills to compete in the global marketplace. Graduates are prepared for advanced careers in a variety of corporations and businesses.
This course is designed to develop skill full and strategic managers who are knowledgeable and experienced in teamwork and relationship building. This program aims to provide future business leaders with a solid grounding in management disciplines, as well as the interpersonal and analytical skills to compete in the global marketplace. Graduates are prepared for advanced careers in a variety of corporations and businesses.