MBA: Eligibility, Admission, Syllabus, and Scope

Introduction

The Master of Business Administration (MBA) program consists of areas relevant to management and administration such as accounting, marketing, supply-chain management, business laws and strategies, and applied statistics. It is a lucrative field with many promising opportunities. With India moving from agriculture-based economy to knowledge-based economy, there are numerous scopes to grow both domestically and globally with MBA degrees. It doesn’t matter whether you have graduated from fine arts, science, or commerce stream: MBA is a value-added course meant for anyone who intends to enhance their skill. MBA aspirants get to work as Business Analyst, Finance Manager, Marketing Associate, Project Manager, Investment Director, and the list continues. Full-time MBA programs are two-year programs while the part-time ones can go beyond three years. There are several reputed universities that offer distance MBA programs as well. MBA is both a challenging and rewarding stream. You can earn in lakhs or be pushed to debts – everything depends upon you how you take this up and execute the learning on the job.

Eligibility

Ideally, these are the minimal qualifications required to pursue MBA (full time):

• The candidate must have completed graduation in any discipline from any recognized university.
• Final year graduation students can also apply, provided they submit their graduation certificate within the timeframe set by the institute.
• Minimum score 50% in graduation is required for general students and 45% for reserved category students.

A popularly argued topic is whether one should pursue MBA right after graduation or after getting some work experience. Well, both has its own merits. Freshly graduated students are young, inquisitive, and creative. But they lack insight of the real-world problems. People with prior work experience can see the application of their MBA learning on job sites.

Admission

Majority of the MBA institutes follow the below admission process:

Entrance Exam  =>   Group Discussion  =>   Personal Interview

The first name that comes to mind when we hear MBA is Indian Institutes of Management or IIMS. There are 20 IIMs campuses in India, with top ones being located in Ahmedabad, Bangalore, Kolkata, Lucknow, and Kozhikode. IIM conducts the Common Entrance Test (CTA) every year at over 4,000 centers across 156 cities in India. The following parameters are considered for final selection into MBA:

• CAT score
• Score of Written Ability Test (WAT)/Group Discussion GD)/Personal Interview(PI)
• Score of Class 10, 12, and graduation
• Academic diversity
• Work experience

Syllabus

MBA program is designed to help students with a holistic knowledge of business essentials and management sector. Some of the subjects covered in an MBA program are:

• Principal accounting
• Macro- and micro-economics
• Corporate social responsibility
• Project and marketing management
• Financial modelling
• Supply chain management
• Business communication and soft skills
• Principles of accounting and marketing management
• Corporate finance
• Managerial economics
• Business intelligence
• Strategic Management
• Human Resource Management
• Decision Sciences
• Information Technology Management

Scope

In the present situation when the world is taken by pandemic, it has become imperative for organizations to appoint resilient and evolving managers who can adapt to adverse situations. An MBA program helps students to foresee and strategize real-time business issues through live projects, case studies, and simulations. It prepares candidates to think out-of-the-box so that they are prepared for creating contingency plans for crisis management. An MBA curriculum is designed in a way to encourage entrepreneurial culture among the students that eventually drives towards innovation.

Marketing, Finance, and Operations are the main areas MBA candidates have bright opportunities in almost all sectors like retail, finance, healthcare, agri-business, advertising, IT, supply chain, etc. Some of the promising profiles that an MBA candidate can apply for include:

• Business Analyst
• Marketing Manager
• Product Manager
• Public Relations Officer
• Supply Chain System Manager
• Ad Strategy Director
• Credit Risk Management Analyst
• Sales Manager
• Brand Partnership Manager
• Private Equity

MBA Colleges in Bangalore

Bangalore has some of the country’s best institutes offering MBA courses – IIM Bangalore, Christ University, Presidency College, ISBR Business School, Bangalore University, etc. Bangalore is renowned for creating exceptional entrepreneurial with its diverse MBA offerings. Depending on your budget and location, you can pick the best institute in the city and then see your dreams getting real.

Contact us

With hundreds of candidates getting MBA degrees every year, you can bag the best company deals only if you manage to outshine others. We, at StudyAssist, are committed to help you with the right decision of selecting the best institute that fits your need and budget. Choose your institute right and get your career right. Contact us now.