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Home / Blog / What is the full form of an MBA? - Types of MBA in India
Posted on 5th March, 2022 | Posted By Vivek Wagh
The term MBA stands for Master of Business Administration. It is a 2-year postgraduate professional degree program. This is a popular course for those students who are interested in pursuing a career in management studies.
Nowadays, business management professionals in multinational corporations are in high demand. So, if you are looking for managerial level jobs, you just need to have a graduation degree in MBA. After completing any UG course, such as B.Com, BBA, B.Tech, MBBS, BCA, BSc, Bachelor of Arts, and so on, students can pursue an MBA in India.
You must be thinking about how we can take admission in an MBA course? What are the stages included in it? And much more.
Thus, we are explaining here the complete process for admission to the MBA program.
The admissions in MBA are basically based on entrance exams followed by personality assessment test rounds for example -
MBA eligibility requirements differ for every MBA college in India and are also dependent on the type of MBA program anyone wants to pursue. Meanwhile, the following are some of the general eligibility criteria for all types of MBA programs:
Let’s take look at all these courses important pieces of information at one go with the given table:
Students enrolled in management studies are exposed to a variety of subjects. MBA colleges divide these subjects into core and elective categories, allowing students to select from a variety of elective subjects. Take a look at given below some of the subjects covered in MBA:
In India, each MBA college has its own fees structure. Private MBA colleges demand more fees than government colleges. Basically, the cost of a master of business administration degree is confined on the basis of facilities being sponsored all the while the course duration. These facilities can include various things like a hostel, material for study, mess, etc.
MBA fee in India varies from Rs 2,50,000 to Rs 30,00,000. In India's top MBA institutes, such as the IIMs and XLRI, fees range from INR 15,00,000 to INR 27,00,000. FMS Delhi or GGSIPU are two top colleges with lower MBA costs, which range from ₹ 59,000 to 1,94,000 for management studies.
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