byGaganDeep
Updated on - 8 Aug, 2024
MBA General is a two years fulltime management program offered by the college which offers postgraduate training in the field of business administration and management. Courses in the curriculum like Accounting, Finance, Marketing, Human Resource Management, Operations Management, Statistics and elective courses, which give the exposure in the specialized areas of interest. The MBA general program is intended to prepare all-round managers and business people who are analytical and good problem-solvers.
Some of the leading MBA entrance exams which are commonly accepted for admission to MBA general program are – CAT – Common Admission Test conducted by Indian Institutes of Management Mat – Management Aptitude Test conducted by All India Management Association XAT – Xavier Aptitude Test conducted by XLRI Jamshedpur CMAT – Common Management Admission Test conducted by National Testing Agency ATMA – Admission Test for Management Admission conducted by the Association of Indian Management Schools Other institutes such as IBS, TAPMI, SPJIMR also have their own test but it is not as comprehensive as XAT.
| Field | Description |
|---|---|
| Full Form | Master of Business Administration |
| Duration | 1-2 Years (Full-time), Varies (Part-time/Executive) |
| Course Level | Postgraduate |
| Eligibility | Bachelor's Degree |
| Top Colleges (India) | Indian Institutes of Management (IIMs), Indian School of Business (ISB), XLRI Jamshedpur, SP Jain Institute of Management and Research (SPJIMR) |
| Entrance Exam | GMAT/CAT/XAT/Other Management Entrance Exams |
1. The applicant must be a graduate with any degree with minimum of 50% marks in any discipline from recognized university.
2. The candidates must have appeared for management entrance examination at either national or state level like CAT/MAT/CMAT/ATMA/XAT and must have obtained the minimum percentile score as prescribed by the institutes.
3. The selection of candidates to these exams is normally done in relation to performance in the tests, previous academic achievement, and working experience.
4. One can do MBA at any age of his life, as there are no restrictions of any kind that limits the person from doing MBA.
5. The admission process can also include tests assessing the candidates’ communication skills, leadership qualities, their analysis and problem-solving skills.
| Subject | Important Topics |
|---|---|
| Management Principles | - Functions of Management (Planning, Organizing, Leading, Controlling) - Management Theories (Scientific Management, Administrative Management, Human Relations) - Organizational Design and Structure - Decision Making - Ethics and Social Responsibility |
| Managerial Economics | - Demand and Supply Analysis - Production and Cost Analysis - Market Structure and Pricing - Business Forecasting - Game Theory |
| Financial Management | - Financial Statements Analysis - Time Value of Money - Capital Budgeting - Cost of Capital - Investment Analysis - Working Capital Management |
| Marketing Management | - Marketing Mix (Product, Price, Place, Promotion) - Consumer Behavior - Market Research - Marketing Strategies - Digital Marketing |
| Human Resource Management (HRM) | - Human Resource Planning - Recruitment and Selection - Training and Development - Performance Management - Compensation and Benefits - Labor Relations |
| Accounting | - Accounting Principles and Concepts - Journalizing and Bookkeeping - Financial Statements (Balance Sheet, Income Statement, Cash Flow Statement) - Cost Accounting - Managerial Accounting |
| Business Communication | - Effective Writing Skills - Presentation Skills - Business Negotiation - Interpersonal Communication - Report Writing |
| Business Statistics | - Descriptive Statistics - Probability and Distribution - Hypothesis Testing - Regression Analysis - Forecasting Techniques |
| Business Law | - Contract Law - Company Law - Intellectual Property Law - Consumer Protection Law - Labor Law |
| Operations Management | - Operations Strategy - Supply Chain Management - Project Management - Inventory Management - Quality Management |
| Strategic Management | - Business Strategy Formulation - Competitive Analysis - SWOT Analysis - Porter's Five Forces - Risk Management |
| Business Ethics | - Ethical Theories - Corporate Social Responsibility (CSR) - Business and Government Relations - Sustainability - Global Business Ethics |
| Rank | College Name | Location | Avg. Annual Fees (INR) |
|---|---|---|---|
| 1 | Indian Institute of Management Ahmedabad | Ahmedabad | 23,00,000 |
| 2 | Indian Institute of Management Bangalore | Bangalore | 18,95,000 |
| 3 | Indian Institute of Management Calcutta | Kolkata | 17,32,000 |
| 4 | Indian Institute of Management Kozhikode | Kozhikode | 17,50,000 |
| 5 | Indian Institute of Management Indore | Indore | 15,00,000 |
| 6 | Indian Institute of Management Lucknow | Lucknow | 14,00,000 |
| 7 | Faculty of Management Studies, University of Delhi | Delhi | 1,34,000 |
| 8 | Department of Management Studies, Indian Institute of Technology Delhi | Delhi | 1,02,000 |
| 9 | Department of Management Studies, Indian Institute of Technology Bombay | Mumbai | 1,14,000 |
| 10 | Indian Institute of Management Udaipur | Udaipur | 15,50,000 |
| College Name | City | Average CTC (INR Lacs) |
|---|---|---|
| Indian Institute of Management Ahmedabad (IIM-A) | Ahmedabad | 35.00 |
| Indian Institute of Management Bangalore (IIM-B) | Bangalore | 32.00 |
| Indian Institute of Management Calcutta (IIM-C) | Kolkata | 30.00 |
| Indian Institute of Management Kozhikode (IIM-K) | Kozhikode | 28.00 |
| Indian Institute of Management Indore (IIM-I) | Indore | 27.00 |
| Indian Institute of Management Lucknow (IIM-L) | Lucknow | 25.00 |
| Faculty of Management Studies, University of Delhi (FMS) | Delhi | 24.00 |
| Department of Management Studies, Indian Institute of Technology Delhi (DMS IIT Delhi) | Delhi | 23.00 |
| Department of Management Studies, Indian Institute of Technology Bombay (DMS IIT Bombay) | Mumbai | 22.00 |
| Xavier School of Management (XLRI) | Jamshedpur | 21.00 |
| Specialization | Avg. Salary (INR) | Top Job Options |
|---|---|---|
| Finance | 10-12 | Investment Banking, Financial Analyst, Private Equity |
| Marketing | 8-10 | Brand Management, Digital Marketing, Market Research |
| Business Analytics | 9-11 | Data Scientist, Business Analyst, Management Consultant |
| Human Resources | 7-9 | HR Manager, Talent Acquisition Specialist, HR Consultant |
| Supply Chain Management | 6-8 | Supply Chain Manager, Logistics Manager, Procurement Specialist |