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About MBA

MBA stands for Master of Business Administration, which is a two-year postgraduate course aimed at shaping individuals into skilled leaders. It offers various study options like full-time, part-time, or online, each with its own range of specializations such as Finance, Marketing, Human Resources, or Entrepreneurship. The MBA syllabus equips individuals with the skills and knowledge needed to thrive in the world of business, offering a pathway to success and prosperity. For MBA admission, one needs a bachelor's degree with at least 50% marks and a decent score on MBA entrance exams like CAT, XAT or CMAT. However, some colleges may admit students based on their academic record alone.

In India, prestigious institutions like IIMs, IITs, IIFT, XLRI, MDI Gurgaon, JBIMS, and SIBM offer MBA course. The total fees generally range between INR 20,000 to INR 40 lakhs, with MBA courses from top IIMs costing around INR 20-30 lakhs. Upon graduation, students can expect to find MBA jobs like Finance Manager, HR Manager, Sales Manager, or Marketing Specialist, with MBA salary starting from around INR 5-8 lakhs per year for beginners and reaching up to INR 30-55 lakhs for experienced professionals. Students who want to understand what is an MBA degree and what it includes can keep reading to find the complete information below.

Why Choose MBA

MBA is an internationally acclaimed degree preferred by individuals who wish to get a holistic view of the business across areas like finance, marketing, human resources, operations, accounting, etc., all while developing vital skills necessary to lead. If you're wondering ‘Is MBA a useful degree?’ or ‘How does an MBA help your career?’ then read below to get all the answers for why you should do an MBA.

Acquire Managerial Skills: MBA course helps develop business acumen and managerial skills and prepares a candidate to perform various managerial duties. It also instils communication, analytical, logical, comprehension, and various other crucial skills.
Better Career Opportunities: With an MBA degree from a well-recognized institute, one can find high-paying jobs in some of the biggest organizations in India and abroad. Many working professionals choose MBA courses to boost their careers and grab better career opportunities.
Develop Leadership Skills: By pursuing an MBA course, one can acquire leadership roles in top companies across the world. It prepares a candidate to lead a team, convey his ideas clearly to the team members, make decisions that can impact hundreds of people, and keep the functioning and operations of the business intact.
Entrepreneurial Skill Development: An MBA helps students understand how a business works and what contributes to its success; thus, preparing them for entrepreneurial roles and starting their own company. So, if you have a burning idea for a business, an MBA course may help you get started.
Lucrative Salary & Great Benefits: Students are offered exceptional salary packages between 20-50 lakhs per annum after graduating from an MBA course from a well-established college or university. Through IIM placements, one can even get a package of 70 lakhs per annum and above.
Global Exposure to Business and Economy: Professionals working in the Management sector are exposed to businesses and economies of various nations. One can learn about global business administration and management techniques by taking up jobs after MBA.

Admission Process of MBA

For admission to MBA colleges that accept entrance exams, candidates need to clear the minimum cutoff. The MBA cutoff is typically released separately by every college and students must meet it to be eligible for counselling rounds. Check out the MBA cutoff for top B-schools in India.

CAT 2023 Cutoff for Top IIMs in India

Name of the IIM	General Cutoff	ST Cutoff	SC Cutoff	EWS Cutoff	OBC Cutoff
IIM Ahmedabad	80	60	70	80	75
IIM Lucknow	90	60	65	82	82
IIM Kozhikode	85	55	65	75	75
IIM Bangalore	85	65	70	75	75
IIM Indore	90	50	60	90	80
IIM Calcutta	85	65	70	75	75
IIM Rohtak	95	30	55	90	78
IIM Mumbai	85	65	70	75	75
IIM Udaipur	92	40	54	70	74
IIM Amritsar	85	40	55	85	75

Prepration Tips

Preparing for MBA entrance exams requires a strategic approach to ensure success. Here are some tips to help you prepare effectively:

Understand the Exam Format: Familiarize yourself with the exam pattern, types of questions, and marking scheme.
Create a Study Plan: Develop a comprehensive study plan that covers all the important topics. Allocate sufficient time for each subject based on your strengths and weaknesses.
Focus on Fundamentals: Build a strong foundation in quantitative aptitude, verbal ability, logical reasoning, and data interpretation.
Practice Regularly: Solve practice questions, sample papers, and mock tests regularly to improve your speed, accuracy, and problem-solving skills.
Learn Time Management: Practice solving questions under timed conditions to improve your speed and accuracy. Learn to prioritize questions and manage time efficiently in each section.
Stay Updated: Read newspapers, magazines, and online resources regularly to stay informed about the latest developments.
Seek Guidance: Consider joining coaching classes or online courses specifically designed for MBA entrance exam preparation.
Review and Analyze: After taking mock tests or practice exams, review your performance thoroughly. Identify your strengths and weaknesses, analyze your mistakes, and work on improving them.
Stay Healthy and Manage Stress: Take regular breaks, practice relaxation techniques, and stay positive and focused throughout your preparation journey.
Believe in Yourself: Lastly, believe in yourself and stay confident. With dedication, perseverance, and the right preparation strategy, you can crack any MBA entrance exam.

The online MBA has the same relevance as any other course. If you have achieved specialisation in any specific MBA program, then you can get a high package and the best opportunity worldwide. Below are various job opportunities after executive MBA:

Digital marketing manager: Recently, Digital marketing managers have been in high demand. In this job, you have responsibilities to plan and manage the marketing campaign and promote the services, brand, and products of the company through digital methods and strategies.

Marketing Manager: Marketing manager is another important career after completing the EMBA program. The marketing manager has responsibilities to keep records of estimates, budgets, and receipts related to the campaign. They are expected to have leadership qualities and communication skills for better representation.

Sales Manager: A sales manager must fulfil the target requirements of the country for better promotion and growth. You can apply for sales manager after an online program.

Business analyst: A degree in MBA is required to apply for this job. It is the most reputable and popular job opportunity available on the market. A business analyst is expected to play a key role in developing businesses and analysing strategies for business growth.

Kumari Anjali

a week ago

I still have a lot of studying to do using this course and the other practice exams, but so far it's been great! I have not taken my Security+ exam as well, so I'll update this at a later time.

Raghav Verma

a week ago

I still have a lot of studying to do using this course and the other practice exams, but so far it's been great! I have not taken my Security+ exam as well, so I'll update this at a later time.