MBA

About MBA Course

MBA is one of the most sought after courses among the students and working professionals. The Master of Business Administration (MBA) is a two-year full-time postgraduate degree that encompasses a broad range of general management and business strategies focusing on realworld problems. Pursuing an MBA program can uplift your career and gives you a lot of opportunities to increase your salary and job position. To name a few examinations which cater to MBA admission are MAT, XAT, CMAT, GMAT and NMAT. MBA acts as a gateway for senior management positions. MBA admission in India is based on a student’s academic and professional profile in addition to MBA entrance exams and GD-PI rounds. MBA degree offers plenty of job opportunities in various sectors, ranging from finance, and health to media. Because of the above reason, MBA is one of the popular courses among students and is also a commonly pursued degree after graduation. Students can appear for several national, state and university level entrance examinations for admission to an MBA degree. Students who have completed or are in the final year of their bachelor’s degree are qualified to apply for the MBA entrance examination in India. When applying for an MBA degree at a foreign university, however, you must have a minimum of three to five years of experience.

Top MBA colleges in India include IIM Ahmedabad, IIM Bangalore, IIM Kozhikode, IIM Calcutta, IIT Delhi, XLRI Jamshedpur, IIM Lucknow, and IIM Mumbai (NITIE), per NIRF rankings 2023. There are 5147 MBA colleges in India, of which 737 are Government and 4318 are Private MBA colleges in India. MBA admission are based on MBA entrance exams such as CAT, GMAT, SNAP, XAT, and MAT, followed by a GD/ PI round. The fee structure ranges from INR 50,000 to INR 31,20,000, while the average package ranges from INR 7 to INR 15 LPA.

MBA Specialization

• Finance
• Marketing
• Entrepreneurship
• Operations Management
• Information Technology Management
• Human Resources Management
• International Business
• Supply Chain Management

Career Options after MBA

After completing an MBA, graduates have a wide range of career options across various industries and sectors. Some common career paths include:

Management Consultant: MBA graduates often pursue careers in management consulting, where they advise organizations on strategic planning, operational improvement, and business transformation.

Financial Analyst/Manager: With a specialization in finance, graduates can work as financial analysts, investment bankers, or finance managers, analyzing financial data, managing investments, and making strategic financial decisions.

Marketing Manager: Graduates with a focus on marketing can pursue careers as marketing managers, brand managers, or digital marketing specialists, developing and implementing marketing strategies to promote products or services.

Entrepreneur/Business Owner: MBA graduates with an entrepreneurial mindset may choose to start their own businesses or join startups, applying their business acumen to launch and grow successful ventures.

Operations Manager: Those specializing in operations management can pursue careers as operations managers, supply chain managers, or logistics managers, overseeing the production, distribution, and efficiency of goods and services.

Human Resources Manager: Graduates specializing in human resources management can work as HR managers, talent acquisition specialists, or organizational development managers, managing employee recruitment, training, and performance.

Information Technology Manager: With a focus on IT management, graduates can work as IT managers, technology consultants, or project managers, overseeing the implementation and management of technology systems and solutions.

International Business Manager: Those with a specialization in international business can pursue careers as international business managers, global sales managers, or trade specialists, managing operations and expansion in international markets.

Supply Chain Analyst/Manager: MBA graduates with expertise in supply chain management can work as supply chain analysts, procurement managers, or logistics coordinators, optimizing supply chain processes and reducing costs.

Salary after MBA

salaries after completing an MBA can vary widely depending on factors such as the individual’s experience, the reputation of the MBA program, the specialization pursued, the industry, and the geographic location of the job. Here are some approximate salary ranges for MBA graduates in India across various industries:

Management Consultant: Entry-level salaries for management consultants in India typically range from ₹6 lakhs to ₹12 lakhs per year. Experienced consultants can earn significantly higher, with salaries ranging from ₹12 lakhs to ₹25 lakhs per year or more, depending on the consulting firm and their level of expertise.

Financial Analyst/Manager: Entry-level financial analysts in India may earn between ₹4 lakhs to ₹8 lakhs per year, while finance managers with several years of experience can earn salaries ranging from ₹8 lakhs to ₹20 lakhs per year or more, depending on the size and sector of the company.

Marketing Manager: Entry-level marketing positions in India may start around ₹4 lakhs to ₹8 lakhs per year. Experienced marketing managers can earn salaries ranging from ₹8 lakhs to ₹20 lakhs per year or more, depending on the industry and the company’s size.

Entrepreneur/Business Owner: Entrepreneurial earnings in India can vary widely depending on the success of the business. Some entrepreneurs may earn modest incomes initially, while successful ventures can yield significant financial rewards over time.

Operations Manager: Entry-level salaries for operations managers in India typically range from ₹5 lakhs to ₹10 lakhs per year. Experienced operations managers can earn salaries ranging from ₹10 lakhs to ₹20 lakhs per year or more, depending on the industry and company size.

Human Resources Manager: Entry-level HR positions in India may start around ₹4 lakhs to ₹8 lakhs per year. Experienced HR managers can earn salaries ranging from ₹8 lakhs to ₹15 lakhs per year or more, depending on the industry and company size.

Information Technology Manager: Entry-level IT managers in India may earn between ₹6 lakhs to ₹12 lakhs per year. Experienced IT directors or CIOs can earn salaries exceeding ₹15 lakhs per year or more, particularly in large corporations or tech-focused industries.

International Business Manager: Salaries for international business managers in India can vary widely depending on the industry and company size. Entry-level positions may start around ₹6 lakhs to ₹10 lakhs per year, while experienced managers can earn salaries ranging from ₹10 lakhs to ₹25 lakhs per year or more, especially in multinational corporations.