MBA Course 2024 Qualification, and Career Options

Overview

What is an MBA and what will a student learn in an MBA course?

Master of business administration (MBA Course) is the most demanded 2-year post-graduation degree. Most of the students choose to pursue MBA Courses after their graduation because this course has a great scope in the future. Students will learn about management skills, business handling, communication skills, and many other things that are going to be helpful for the business. Students can pursue MBA as a full-time course, online course, executive course, or as correspondence as per their ease. If you want to know how you can take admission in an MBA course and what is the most common entrance examination for MBA 2024 then you have to read this page.

Initially, MBA was a full-time course because students need a lot of attention and time to understand the concept of business. But as of now, most students pursue a distance or executive MBA course instead of a full-time course. This saves their time and also gives them adequate business knowledge. In MBA courses students learn about the business handlings.

An MBA graduate has a vast scope of career options to choose from. There are various specialization courses in MBA in which students will learn about different businesses. Students have to choose a particular field of specialization depending upon their interest, field, and current education. Some common MBA specializations are human resources, accounting, finance, operations, hospitality, media, marketing, and designing. All of these specializations have their own importance in the market.

If you are pursuing graduation and want to take admission in an MBA course after your graduation then this website will help you a lot to clear your doubts about MBA courses. We have provided information about all common entrance examinations and the most demanded MBA courses on this website. Also, you will get information about the salary package you will get after completing your MBA.

What are the important highlights of the MBA exam 2024?

There are two types of management courses. The first one is the full-time or correspondence e MBA course. This is a 2 years course and students can pursue this course in different specializations and per their choice. Another one is the postgraduate diploma in management (PGDM). This is also a management course but a form of diploma. This course is of I year and there are limited specialization options for a PGDM course.

Who is eligible to take admission in MBA courses?

Like any other professional course, MBA also has its eligibility criteria. Students have to fulfill this criterion to take admission in any government or private college. Most importantly, students must have a minimum of 50% marks in their graduation to take admission in MBA. However, if you are from SC/ST or PWD category then you can get admission by scoring a minimum of 45% marks in your graduation.

Apart from this, various entrance examinations provide direct admission to the top MBA colleges. You can appear and qualify for these entrance examinations to get a scholarship from the government.

Students who are still pursuing their graduation or are in their final year can apply for the entrance examination. However, they will only be eligible to take admission after completion of their graduation.

There is no compulsion that you should be from a science stream to take admission in an MBA course. Even a student from commerce and arts can also apply for the entrance examination after completing their graduation.

Syllabus

Students pursuing MBA course has got an enormous range of subjects. This is a two-year program in which students start from a basic core syllabus for example Organisational Behaviour Principles of Management. And in the coming year, they focus on subjects like Entrepreneurship and Business Law, etc. the colleges of MBA divide subjects as core and electives. Students choose as per the choice. We have listed the subject’s name found in the MBA course.

Business laws

Communication skills

Entrepreneurship

Business Communication

Computer Application

Organizational behavior

Marketing

HR management

Business planning

Finance management

Principles of management

Taxation

Economics

Business environment

Retail management

Project work

MBA Syllabus (Semester-Wise)

What are the common MBA Exams to take admission in top MBA colleges?

There are numerous institutes and colleges in India that provide specialization in various fields. So, it would be better if you understand your requirements and interests before taking admission to any random college. Apart from this, they have a fair option to choose a field of specialization by applying for the entrance exams.

There are so many management institutes that conduct various entrance examinations for aspiring MBA candidates. You have to qualify for the entrance exam to take admission to such colleges or institutes.

CAT (Common Aptitude Test) 2024

Indian Institutes of Management conduct the common Aptitude Test to provide admission to the students at various IIM colleges around the country. CAT is listed among the toughest entrance examinations for post-graduation courses. There are a total of 20 IIM colleges from where the candidate pursues his MBA degree after qualifying for the CAT examination. This is a computer-based test that consists of four sections. These sections would be logical reasoning, Comprehension, quantitative aptitude, and data interpretation. The complete CAT MBA exam is for 3 hours. There will be 100 objective-type questions in the CAT entrance examination. This exam provides direct entry to the candidate in most reputed business schools.

MAT (Management Aptitude Test) 2024:

This is another entrance examination For an MBA course. MAT is a national-level entrance examination. All India Management Association conducts the MAT examination every year to allot post-graduation seats to the students. If you want to pursue your career in management courses then you can think of applying for the MAT examination.

This exam is conducted in two parts. The first exam is a computer-based test whereas the second exam will be a written test. Students have to qualify for the first section to appear in the second one. The computer-based test will be for 2 hours with 200 multiple choice types questions. Additionally, the written section has 2 questions and students will get 30 minutes to answer these questions. Students have to prepare for mathematics, comprehension, critical and intellectual reasoning, data analysis, and the global environment for the MAT examination.

AIMA conducts this examination four times a year. If you want any information like the exam dates, results, and syllabus of the MAT examination then visit the AIMA website.

CMAT (Common Management Admission Test):

There are different types of full-time and part-time management courses available for the graduates. As the name implies CMAT (Common Management Admission Test) is the common entrance exam for all those management courses. CMAT scores are sufficient to take admission in any management course in any institute. The CMAT examination is slightly tougher than the MAT examination.

This is a computer-based test where students have to answer 200 questions in 3 hours. These questions will be from general awareness, reasoning, aptitude, comprehension, and data interpretation.

All India Council for Technical Education (AICTE) conducts the CMAT examination and a CMAT score is necessary to take admission in any AICTE approved college.

GMAT (Graduate Management Aptitude Test):

Graduate Management Admission Council (GMAC) conducts the GMAT (Graduate Management Aptitude Test) to provide admission to various management colleges across the nation. Students can apply for the GMAT examination anytime in the year but they can appear for this test only 5 times a year. So, make sure to prepare well if you are thinking of applying for the GMAT examination.

GMAT is an online examination where the student has to answer Multiple choice type questions. There will be 91 questions from quantitative, reasoning, verbal, and analytical writing. Students will get a total of 3 hours and 30 minutes to complete the GMAT examination.

State-level entrance examination for management courses:

Apart from the national level entrance exams some states separately conduct the entrance exam for management courses. Students have to visit the particular website to apply for the management entrance examination of that state. Some common state-wise entrance exams for management are MAH-CET (Maharashtra Common Entrance Test) Entrance Exam, SNAP (Symbiosis National Aptitude Test), XAT (Xavier Aptitude Test), etc. Students can simply search for these examinations on the internet to get the application link. Moreover, if you have any queries regarding any MBA examination then you can also check this website for complete information.

Career scope

How much basic salary will I get after qualifying for my MBA exam?

The main aim of students to pursue a management course is to get a good salary in the market. If you are thinking of doing an MBA then it is necessary to know the correct demand of MBA holders in the market. Also, you should know how much basic salary you will get initially after completing your MBA degree.

An MBA graduate is easily able to earn somewhere between 5-8 lakhs per annum soon after completing their education. Moreover, the salary will gradually keep increasing depending on your knowledge and requirements. So, to sum up, we can say that students can earn a handsome amount of money after completing their MBA from any recognized university or institute.

FAQs!

What career opportunities will I get after completing my MBA exams?

Students will get a bulk of career opportunities after completing their MBA exams. Students have the option to choose from accounting, finance, Human resource management, Information Technology, and many other specializations to pursue their MBA. After completing the MBA, these students have great scope in all the private organizations. Even government organizations require MBA graduates to handle their staff, market their products and manage their finances. So, if you are thinking that you will only get a private job after completing your MBA then it is indeed a myth. All major private and government companies need MBA graduates to handle their organizations.

An MBA graduate can apply for the position of manager or any high position job in any organization or bank. Similarly, A human resource management graduate student can apply for the HR manager position in any reputed organization. Other than this, all private organizations like Cipla, Dabur, Google, Microsoft, Amazon, and Flipkart also hire MBA graduates for different positions at high salary packages.

MBA graduates also have scope in the government sector. They can apply in any PSUs as an executive or manager. MBA graduates can also apply for the position of specialist officer or general manager in government banks.

Which is the most demanded MBA course?

There are different types of specialization in MBA courses. So, it completely depends on the interest and personal choices of the candidates. If you have an interest in finance and accounts then you can choose to account as a specialization. Similarly, every candidate has their own interests in which they want to specialize.

Looking at correct market trends, it is obvious that in the coming time entrepreneurship and marketing will be in high demand. So, if you have recently passed your graduation and are thinking of taking admission in an MBA course then you can choose from these two specializations. Apart from this, international management, finance, Human Resource Management, and information technology are some trades that have remained in constant demand all the time. So, you can also choose among these specializations if you do not want to take any risk.

What are the eligibility criteria to pursue an online MBA course?

There are different types of MBA courses where students can take admission at their convenience. Students have the option to take admission in a full-time/regular course or a part-time/online/correspondence MBA course. Also, the procedures to take admission in these courses are slightly different. If you want to do a full-time course then you can either take direct admission or qualify for an entrance exam to take admission. The entrance exam scores will be valid for admission and students who have qualified for these examinations will get priority while admission. Other than this, if you are willing to apply for an online or executive MBA course then it is mandatory to have the scorecard of the entrance examination. There are some common Management examinations like the CAT. GMAT, MAT, CMAT, and XAT whose scorecard is applicable in all management colleges and institutes.

Is it possible to do an MBA after the 12th?

There are so many students out there who are curious to know whether they can take admission in MBA courses after 12th or not. Regarding this, we would like to inform you that MBA is a postgraduate course and it requires a Graduation degree to apply for MBA or MBA entrance exams. You can do graduation in any stream and qualify your graduation with a minimum of 50%marks to apply for an entrance examination.

Other than the full-time MBA course, students can also choose a Part-time diploma course in MBA. This is a 1-year course and requires fewer funds than taking admission in an MBA course. If you are short of funds then you can choose the PGDM course. This course is equally important as the full-time MBA course. Also, the syllabus of both courses is somewhat similar so students don’t have to compromise with knowledge.

What are the subjects in the MBA Exam?

As we know, an MBA is a graduation degree of 4 years. There will be 4 semesters of six months and students have to qualify for all the subjects and semesters to get their final degree. There will be 8 subjects in the first and second semesters. So, in the first year, students will learn 16 different subjects. These subjects include Marketing management, business communication, finance, Quantitatively, organizational behaviors, human resource management, Economics, operation management, and management of information systems. Additionally, in the third and fourth semesters, students will learn another 4 subjects in each subject. These subjects include social responsibility, Strategic Analysis, legal environment business, business ethics, and Strategic management. Other than these students also have to prepare a theoretical project (thesis) in their final semester.

How can I choose the best MBA college among the list of colleges across the country?

There are more than 5000 business schools and institutions in India. So, you will definitely get confused if you try to search for the best college on the internet. To cut this struggle of confusion most of the students choose to appear in the entrance examination. Qualifying entrance examinations will greatly help the students who want to get admission to the top MBA colleges. Also, it is important to know that every college has a different fee structure, infrastructure, and placement criteria. So, students have to do a lot of research about the placement criteria of shortlisted colleges.

Moreover, if you want to pursue your MBA degree or diploma from IIM or any other reputed college then you can stay assured about your placement. These colleges have the best placement procedures and they provide placement in the best companies across the world. Also, all IIM colleges ask for the score of the entrance exams like CAT, MAT, and GMAT. So, if you are planning to get admission in any IIM or similar, then it is mandatory to apply and qualify for the entrance examination.

Final remark

MBA is one of the most sought career opportunities which is considered as the degree which makes you settle down for your future. Being such a huge faith for the future settlement, students keep engaging in the profession and find their ways with top most companies of the world. Here students get the opportunity to choose their specializations. Students have the option to choose from accounting, finance, Human resource management, Information Technology, and many other specializations to pursue their MBA.