MBA Course: Eligibility, Syllabus, Fees, Benefits, Career – A Complete Guide

An Overview of the MBA Course

An MBA degree is one of the most coveted and highly rewarding courses in the world and the best part about pursuing MBA is that the course is accepted worldwide. It doesn’t matter if you travel to Germany, France, USA, Russia or any country; the MBA degree will still hold the same value. So, before proceeding further – let us see what an MBA is? In the simplest words possible, an MBA is a 2-year postgraduate degree that makes you learn everything about every managerial, technical, and leadership skills that are a must-have in this modern era to make an organization run.

Going for an MBA degree will render you the invaluable business acumen, expand your network in a professional way, and create avant-garde opportunities for you to become a successful person in life. It’s a perfect option for every student to consider whether or not they want to enhance their respective career, transition to a new industry, or become a victorious entrepreneur.

Talking about MBA let us see what we are going to cover in thus blog! Here, we will see – the MBA fee, job opportunities, career options, and types of MBA, syllabus, benefits and more. So, let us begin with:

 Also Read: How An MBA Is Going To Help Achieve Your Career Goals In Life?

MBA Course – Highlights

Let us know more about the MBA degree via the following table. This will help you know more about the course. Remember, MBA is a degree that makes you ever-ready for the future and hones your innate skills while developing the new ones in the process. It is said that an MBA degree is a must to have in these days to thrive in the highly competitive market. If you are thinking to pursue MBA, we would recommend you to go through this entire blog and gather as much information as you can.

So, without any further ado, let us see

MBA Course Eligibility

The eligibility for MBA course is here as follow

• An aspiring student must complete their graduate degree from any stream with a mandatory minimum of 50% marks or equivalent CGPA from a recognized board of education or its equivalent.
• The aspiring students who belongs to the SC/ST or any other category must have a e a mandatory minimum of 45% marks to qualify MBA entrance examinations
• In India, the valid scorecards for MBA entrance tests are as follows: CAT, MAT, XAT, SNAP, NMAT, CMAT, and lots more.

MBA Course Fee

The fee of MBA degree depends upon place to place and institution to institution. A colleges demand less fee than other institutions but we have to take care of the fact – quality of education. As a student you must not compromise on this because your life and career depend on it.

In general the fee ranges from Rs 20,000 to Rs 40 lakh for this 2-year degree. Remember, the government MBA colleges charge lesser fee than the private colleges as they are backed up by the government. But there are no such provisions for a private college. The fee you give goes for paying the highly skilled and talented mentors and faculty members for your own good.

Salary After MBA

The salary depends upon a number of factors – for example, if you are a fresher candidate then your CTC or package would be definitely lesser than a senior or experienced candidate. Don’t make haste! You will also reach to your dream package along with your dream job role… you just need to have patience. The average salary for an MBA professional lies in between Rs. 5-20 lacs per annum, depending upon in which stage they are in their career.

• Entry Level: The salary or CTC for an entry level candidate would be Rs. 5-7.5 lacs per annum. They are generally fresher candidates or have less than 2 years of experience.
• Middle Level: The salary or CTC for a middle level candidate would be Rs. 8-13 lacs per annum. They generally have 2-5 years of experience.
• Senior Level: The salary or CTC for a senior level candidate would be Rs. 13-20 lacs per annum. They generally have 5-9 years of experience.

MBA Admission Process

The admission to leading B-Schools and MBA colleges takes place via state-level or national level entrance examinations. There are also B-School based tests and university-based entrance examinations. Now, let us see them in detail.

• National Level Tests: CAT, MAT, CMAT or ATMA
• State Level Tests: MAH-CET, OJEE, KMAT, TANCET or APICET
• Exams conducted by a B-school: IIFT, XAT, NMAT, SNAP, IBSAT
• Exams conducted by a university: KIITEE, HPU MAT

Types of MBA Course

An MBA course has various types and majorly they are:

• Regular MBA: This is the most common type of MBA. In this kind, you will have to present mandatorily in the campus of a MBA college or a B-School.
• Distance MBA: This type of MBA is getting more popularity these days due to ongoing pandemic. In this type of MBA, a student can stay away from university infrastructure.
• Online MBA: This type of MBA course is also very famous as the student can be present online through web facility & can pursue the course at their convenient time.
• Executive MBA: This type of MBA is pursed by those who are already in a workforce. The candidates have considerable work-related before enrolling themselves for this program.

MBA Course Specializations List

Here’s a complete list of all major specializations in MBA that are being provided by the premier MBA colleges or B-Schools of India

• Marketing
• Finance
• HR
• International Business
• Insurance
• Industrial Safety and Management
• Supply Chain Management
• Hospital Administration
• Hotel Management
• International Accounting and Taxation
• Forensic Accounting
• Clinical Management
• Business and Data Analytics
• International Education Assistance
• Logistics and Supply Chain Management
• Information Technology
• Disaster Management
• Agriculture Management

MBA Subjects/Syllabus

Here is the MBA subject/syllabus in general sense. Remember that the courses may vary from college to college and place to place as there’s no fixed structure in this.

PS: Make a note that from the 3^rd semester in MBA the syllabus depends upon the chosen specialization.

Generic Skills Required for MBA Course

These 6 skill sets are the major ones that an MBA student must possess to pursue the degree

• Time management skills
• Problem-solving skills
• Critical thinking skills
• Leadership skills
• People management skills
• Decision-making skills

Career Option After MBA Course

Here are the top career opportunities for a candidate post-pursuing the MBA degree

• Entrepreneurship
• Management Analyst
• Financial Advisor
• Finance Manager
• Investment Banker
• Marketing Manager
• Information Technology Manager
• Business Consultant
• HR Manager

Government Jobs for MBA Graduates

Here are the top career opportunities for a candidate post-pursuing the MBA degree in the government sector

• Management Officer at ONGC
• General Manager Posts in Bank & Other PSUs
• Department Manager at HPCL
• Specialist Officer Job in Government Banks
• Chief Executive Officer in PSUs
• PR Manager at IOCL

After MBA Courses

If you don’t want your learning curve to descend and keep on evolving with education and knowledge, here are a few options that you can do after MBA degree

• Apply for Chartered Financial Analyst (CFA)
• Apply for Financial Risk Manager (FRM) Exam
• Apply for Certified Information Systems Auditor (CISA)
• Apply for Certification in Risk Management Assurance (CRMA)
• Apply for Certified in Production and Inventory Management (CPIM)
• Become a Project Management Professional (PMP)
• Indulge in Entrepreneurship Activities

Highest Paying Jobs for MBA Graduates

Here is a complete list of the highest paying jobs for MBA graduates

1. Investment Banker
2. Financial Manager
3. Marketing Manager
4. Sales Manager
5. Information Technology Manager
6. Management Consultant
7. Health Services Manager
8. Senior Product Manager
9. Business Development Director
10. Business Operations Manager

Top Industries for MBA Graduates

Here are the best of the best industries for MBA graduates where they can get employed

• Fast-moving Consumer Goods (FMCG)
• Banking, Financial Services and Insurance (BFSI)
• Information Technology (IT) and Information Technology enabled Services
• Retail Management
• E-Commerce
• Health Care/Pharmaceuticals
• Consulting
• Energy/Utilities
• Manufacturing
• Accounting
• Products and Services

Top Recruiters for MBA Students

The top 20 recruiters for MBA students are as follows:

1. Tesla
2. Amazon
3. Apple
4. Deloitte
5. Flipkart
6. Citigroup
7. Microsoft
8. Bain & Company
9. LinkedIn
10. PepsiCo
11. Unilever
12. Nike
13. Google
14. Ernst & Young
15. Deutsche Bank
16. Coca Cola
17. RBI
18. Wells Fargo
19. KPMG
20. JPMC

Top Cities for MBA Students for Jobs

The top Indian cities for MBA students for jobs

• Hyderabad, Telangana
• Pune, Maharashtra
• Chennai, Tamil Nadu
• Mumbai, Maharashtra
• Bangalore, Karnataka
• Kolkata, West Bengal
• New Delhi, Delhi
• Surat, Gujarat
• Gurgaon, Haryana
• Chandigarh, Punjab

Benefits of Having an MBA Degree

Pursuing an MBA degree has myriads of benefits and a few of them are here:

• Learn management skills
• Achieve career and life goals
• Access to business network
• Best-in-class CTCs
• Chance to become an entrepreneur
• Superb career changing opportunities

Final Thoughts

So, now you know everything about MBA degree. Don’t hurry while pursuing an MBA; first of all, talk with your senior and alumni members along with your friends. Make a list of your dream MBA colleges or B-Schools and prepare well for the entrance examinations. Take your time as your entire life and future depends upon the selection of your MBA College and specialization.

Why MBA Degree from Om Sterling Global University?

OSGU is one of the best universities in India that specializes in MBA. Om Sterling Global University has the best amenities such as hostel facility, mesmerizing infrastructure, cool campus, and highly experienced faculty members. All these are a must in a premier MBA college.

The School of Commerce and Management at OSGU has everything that is required to transform a student into a successful business professional. With us, you will be ever-ready to face modern world challenges and requirements with ease and utmost confidence. Post-pursuing MBA, get placed in the best MNCs with the assistance from our exclusive Training and Placement Cell.

If you have any second thoughts regarding MBA degree or specialization, feel free to reach out to our counselors