byGaganDeep
Updated on - 8 Aug, 2024
Diploma in Business Management {Lateral} is a diploma level course that helps the students to gain sufficient knowledge base and skills in business management. This type of course can take about 1-2 years to complete and gives training in specific fields such as accounting, economics, marketing, human resources, operations, and other business activities. Students gain decisive and analytical skills capable of assuming supervisory and managerial positions.
The following entrance tests are considered to get admission in Diploma in Business Management {Lateral} CAT, XAT, MAT, ATMA, CMAT, GMAT, NMAT, SNAP, MHCET, TS ICET, KMAT, RMAT, IRMA, and CMAT. Several institutes carry forward selections based on the student’s performance in the 10+2 exams as well. Experience at work place is also considered as one of the criteria that is considered while admitting the students in the lateral Entry direct second year.
| Course | Details |
|---|---|
| Full Form | Diploma in Business Management (Lateral) |
| Duration | 1-2 years |
| Course Level | Diploma |
| Eligibility | Completed a related diploma or equivalent qualification |
| Top Colleges | XLRI Jamshedpur, NMIMS Mumbai, IIM Ahmedabad, SPJIMR Mumbai, Symbiosis Institute of Business Management Pune |
| Entrance Exam | CAT, MAT, XAT, GMAT |
1. Recognized 10+2 in any stream or its equivalent qualification from any recognized board or university with minimum 50% marks in aggregate.
2. The students who have finished there 10+1 and have least 2 years work experience can also apply through lateral entry.
3. Those who have passed the 10+2 vocational examination/ITI can get direct admission at the second year level by opting for lateral entry.
4. The students having the diploma can directly take admission in the second year of the three years diploma course in any discipline.
5. The lateral entry is also open for students who have taken and passed the first year of Bachelor degree programmes.
6. Lateral entry direct admission, means and eligible criteria: Working executives having 2 years of relevant experience can join the second year of the program directly.
| College Name | Location | Fees per Year (INR) |
|---|---|---|
| Institute of Management Technology (IMT) Ghaziabad | Ghaziabad, Uttar Pradesh | 50,000 |
| Faculty of Management Studies (FMS), Delhi University | Delhi | 12,000 |
| Indian Institute of Social Welfare and Business Management (IISWBM) | Kolkata, West Bengal | 25,000 |
| Symbiosis Institute of Business Management (SIBM) Pune | Pune, Maharashtra | 45,000 |
| Department of Management Studies (DMS), Indian Institute of Technology (IIT) Delhi | Delhi | 25,000 |
| Birla Institute of Management Technology (BIMTECH) Greater Noida | Greater Noida, Uttar Pradesh | 40,000 |
| National Institute of Industrial Engineering (NITIE) Mumbai | Mumbai, Maharashtra | 42,000 |
| Xavier Institute of Management (XIM) Bhubaneswar | Bhubaneswar, Odisha | 35,000 |
| Institute of Rural Management Anand (IRMA) | Anand, Gujarat | 38,000 |
| Great Lakes Institute of Management (GLIM) Chennai | Chennai, Tamil Nadu | 40,000 |
| College Name | Location | Average CTC (INR) |
|---|---|---|
| Institute of Management Technology (IMT) Ghaziabad | Ghaziabad, Uttar Pradesh | INR 5.5 lakhs |
| Faculty of Management Studies (FMS), Delhi University | Delhi | INR 4.5 lakhs |
| Symbiosis Institute of Business Management (SIBM) Pune | Pune, Maharashtra | INR 4 lakhs |
| Birla Institute of Management Technology (BIMTECH) Greater Noida | Greater Noida, Uttar Pradesh | INR 3.5 lakhs |
| Xavier Institute of Management (XIM) Bhubaneswar | Bhubaneswar, Odisha | INR 3.8 lakhs |
| Specialization | Average Salary (INR) |
|---|---|
| Marketing | INR 4.5 lakhs - INR 6 lakhs |
| Finance | INR 4 lakhs - INR 5.5 lakhs |
| Human Resources | INR 3.5 lakhs - INR 5 lakhs |
| Operations | INR 3.8 lakhs - INR 5 lakhs |