The Faculty of Management Studies of the University of Delhi prepared the first syllabus for MBA in India for any Indian college in the year 1968.
B-schools, colleges, and institutes offer this MBA course to graduates which is a professional course. ‘MBA in India’ can be a correspondence, full time, part time or long distance course. Including internships and semesters, the usual duration of a typical MBA course is two years.
There are different types of MBA in India, and those are Full-time MBA, Part-Time MBA, One Year MBA, Evening MBA, Modular MBA, and Executive MBA (EMBA).
The ones who are offering management education keeping pace with Global MBA environment are the ‘Best MBA colleges in India’. The MBA colleges are either in the process to be awarded international accreditations or have been accredited with one or more international accreditations.
The students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready due to their unique pedagogy and highly qualified faculty.
Other university-affiliated and private MBA colleges who are doing much better than many IIMs are also included in the best MBA colleges in India along with the Indian Institutes of Management (IIMs).
The top 3 positions for top MBA colleges in India are occupied by top 3 IIMs- IIM Ahmedabad, Bangalore, and Calcutta but the list of best MBA colleges in India now includes many B-schools in the non-IIM category.
A graduate from any discipline like Science, Commerce, Arts, or also from disciplines like Engineering, BCA.
GMAT or GRE
Required with good score.
1 or 2 years
Rs.4 Lakhs to Rs.20 Lakhs (for the complete course)
Depending on the marks or grade obtained at the bachelor’s level and GMAT or GRE score of the student, plus the work experience.
Full time/Part time/Distance learning mode
Top Recruiting Companies
Amazon, Bain & Company, BCG, Accenture, AT Kearney, Cognizant, Deloitte, ICICI Bank, Infosys, Wipro, KPMG, TCS, and IBM etc.
Management Consultant, Marketing Manager, Program Manager, Operations Manager, Product Manager, Business Operations Analyst, Investment Banker, Digital Optimization lead, Financial Advisor, Business Analyst etc.
Starting Salary Offered
15 - 24 Lakhs per annum
Medium of Education
Top Management University
IIM Ahmedabad: Indian Institute of Management
Following are the advantages of ‘MBA in India’:
Better job opportunities
For a student, an MBA widens the spectrum of job opportunities and job profiles. Students who have done an MBA from the top B-schools can go to higher levels of management and can become managers and senior managers, which surely does mean a higher position in the organization but it will also bring higher responsibilities. To hold leadership roles in an organization, a person gets the credibility from the MBA degree of topmost B-schools.
Greater career growth
It might take many years for a mere graduate to go upwards in the corporate hierarchy and might not move beyond a certain level. Having a higher degree becomes important for a graduate to reach the senior management levels. An MBA graduate from a top B-school has better chances of escalating upwards to become a CEO, CFO, CIO, CTO etc. as he starts his career from the mid-management or senior management level.
Student’s limits of learning are widened by doing an MBA. It just constantly challenge the student with different situations by getting the student out of his comfort zone, deal with the latest issues, and by applying the newest management techniques.
Consolidated Corporate Network
Students get to interact with colleagues, professors, and teaching staff those who are usually former or current business people, with great on-field experience, and thus this puts the student in a good position in life and their consolidated corporate network becomes stronger.
Better Pay Packages
Greater pay packages are surely offered by an MBA degree from a good B-school. The salary after an MBA becomes at least triple for a simple graduate engineer. Even in the times of recession, the top tier B-schools have maintained the tradition of high salary packages being offered to its students over the years.
Candidates should have done their graduation with good or qualifying marks is the first criteria.
Candidates should have scored good in common entrance exams like the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE).
Top B-schools also set work experience as their criteria for MBA admissions. Some institutes demand 2 years while some may demand 3 to 5 years of work experience.
From college to college, the set of eligibility criteria differs which you need to check prior to the admission process.
The scope of MBA in India is increasing day by day. It is one of the big job oriented professional programme and most preferred programme by the students.
Students can get great job opportunities in the industrial world, once they have completed their degree. They can get designations as an executive or manager.
MBA is the management term which is most suited to managers and thus students can reach on top by using their working proficiency and leadership skills.
MBA professionals can work in any sector including government and private and it can contain many industries, companies, institutions or related organizations etc.
There are many top management colleges which offer scholarships to MBA Aspirants on the basis of different criteria.
Scholarships are provided on the basis of below mentioned different criteria:
The academic percentage in 10th, 12th & Graduation.
Performance in written entrance tests conducted by the MBA colleges.
Performance in GD/PI conducted during selection process by the college.
Work Experience in a reputed organization.
Scholarship for SC/ST/Physically Challenged Candidates.
Merit based Scholarship/ State Rank Holders.
top performers or performance during academic sessions of the MBA College.
Sports Scholarship for those who have represented the state at National Level Competition.