MBA Courses in India

MBA Degree Courses, Career Details

The Master of Business Administration (MBA course) is a master's degree in business administration, which attracts people from a wide range of academic disciplines in India. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, marketing, human resources, operations management, etc. Students in the MBA degree course have the option to select an area of concentration and focus approximately one-third of their studies in this area.

Eligibility: You need to have a bachelor's degree (3-year course) or equivalent in any discipline recognised by any Indian University/ AICTE as eligible for MBA degree course.
Students will have to go through following exams such as MAT entrance exam or Common Admission Test (CAT) or Xaviers Admission Test (XAT) or ATMA entrance test or State CET or College CET to get admitted into this course.

MBA Specializations:

• Finance.
• Banking and Insurance.
• Human Resource.
• Marketing Management.
• Entrepreneur Management.
• IT Management.
• Health Management
• Tour & Travel Management.
• Retail Management.
• International Business Management.

Career Options: Apart from corporate careers, one can opt for entrepreneurship, work in co-operatives, NGO's as the opportunities are literally unlimited. Companies seriously consider MBA if they believe they could and should be doing a better job tapping the full potential of their employees' knowledge, experience and skills in accomplishing the organization's objectives.
This belief may have arisen due to problems related to sales, product/ service quality and delivery, after sales service or any of the other aspects of the organization's operations resulting in less than optimal profitability. To the extent that these problems are rooted in ‘people problems’, they may be the result of employees not caring about their job or the company, being unwilling to go the extra mile or take responsibility for their actions and poor teamwork or co-operation between different teams and departments. Such employee attitude and behaviour are typically rooted in poor communications and a lack of mutual trust and respect. In situations where communication, trust and respect are lacking, particularly between management and employees, companies invariably experience ‘people problems’ that cause needless expense and reduce profitability. MBA is uniquely designed to address these issues.

Scope of MBA Degree Course: The scope for a MBA degree graduate is unparalleled. Apart from attractive pay packets and placements being offered at college-level itself, it opens the doors to various sectoral opportunities. One can easily get jobs at the managerial or executive level after successfully completing MBA course. This job acts as the first step of the ladder of success, after which one can reach to the topmost position. The Indian corporate world has seen many MBA professionals occupying top slots.
With so many new sectors opening up - retail, insurance, BPO, Telecoms. It would seem the job pie has grown exponentially. True, except that B school you graduate from often still determines whether you eat your slice at the chairman's table. Many companies follow differential recruitment policies. Better salary, designation and job profiles are offered to the more premium grads.

Scope of MBA Degree Course: Remuneration: The numbers are still very persuasive. Statistics from the Graduate Management Admissions Council (the institute that administer the GMAT) indicate that in many cases someone's pre and post MBA salary can jump 50% or more An MBA may not be equivalent to a lottery ticket, but the odds are good that your earnings will increase after earning your degree - making those extra years of school worthwhile. Lifestyle of an MBA graduate is comfortable as he earns quite well.

Companies List:

• TCS limited.
• Reliance Group
• Tata
• Future India Group
• Wipro limited.
• Infosys technologies limited.
• Satyam computer services limited.
• Serum Institute of India Limited.
• I-Flex solutions limited.
• TATA InfoTech limited.
• CMC limited.
• Mphasis bfl limited.
• Mastek limited.
• NIIT limited.

List of Colleges for MBA Course in India:

1. Indian Institute of Management, Ahmedabad.
2. Xavier Labour Research Institute (XLRI), Jamshedpur.
3. Jamnalal Bajaj Institute of Management Studies, Mumbai.
4. Narsee Monjee Institute of Management Studies, Mumbai.
5. SP Jain Institute of Management & Research, Mumbai.
6. Institute of Management Technology, Ghaziabad.
7. Xavier Institute of Management, Bhubaneshwar.
8. International Management Institute, New Delhi.
9. FORE School of Management, New Delhi.
10. Symbiosis Institute of Business Management, Pune.

Syllabus: Syllabus will be different for different specialisation.

Fees: Colleges for MBA course in India are categorised into three classes, Class-A colleges are the most reputed institutes. One of the examples for the Class-A institutions is the Indian Institute of Management. There are 10 IIM’s that are spread all over the country. To pursue the MBA graduation from IIM, one has to pay about Rs. 12 lakhs and it can be different for different specializations.
The Class-B institutes are considered as the second top option includes the colleges like XLRI, Narsee Monjee, FMS Delhi and many more. For pursuing MBA degree course in these institutions students have to spend around Rs. 5 to 8 lakhs. It will vary according to the institute.
The Class-C institutions are the last choice favored by the students for pursuing MBA. These least choice institutes charges around Rs.2 to 6 lakhs for the two year programme.