Master of Business Administration (MBA) is a postgraduate course of 2 years offered in several specializations. MBA course helps in developing business and management skills amongst future business leaders and entrepreneurs. Building a career in the desired industry after pursuing an MBA is quite easy. To secure a seat in a reputed B-school, students need to appear for different entrance exams followed by WAT, GD, and PI rounds. Candidates scoring more than 50% in the undergraduate course can only apply for MBA. The scope of an MBA is rapidly increasing and is considered one of the most popular job-oriented professional courses with career opportunities like Finance Manager, Marketing Manager, Media Planner, Product Manager, Sales Manager, and many more.
The top MBA colleges in India include IIM Bangalore, IM Ahmedabad, IIM Lucknow, IIM Calcutta, and MDI Gurgaon. Candidates can appear for any national-level MBA entrance exam, such as CAT, MAT, XAT, NMAT, and CMAT. The MBA course fee generally ranges between INR 10 to 25 lakh depending on the college you choose. Most MBA colleges in India offer direct placements and MBA jobs in prominent and well-established companies.
Aspirants can seek MBA admission as regular students, distance-learning, or executive courses according to their convenience. So, here is all that is required to know about the MBA course.
Admission To The MBA Course Is Strictly On The Basis Of Management Entrance Exams Conducted At The National, State, University/institute Levels. However, Some Private MBA Colleges Also Refer To The Academic Background For The MBA Admission Process. Besides This, Students Have To Adhere To The Following Eligibility Criteria:
Working Professionals May Also Apply, But They Must Be Capable Of Producing Valid Documents To Prove Their Employment, Whenever Asked. If Any Candidate Fails To Produce The Necessary Documents, The Candidature Will Not Be Considered.
Candidates Opting Through The Reserved Category Must Provide Valid Documents At The Time Of Filing The Examination Form.
Valid Scores Of MBA Entrance Exams Such As CAT, MAT, XAT, SNAP, NMAT & CMAT, Etc.
Final Year Candidates Can Also Apply For The Entrance Exams Or Admission. However, The Application Is Subject To The Results. If The Candidate Does Not Score The Minimum Required Aggregate, The Application Will Be Cancelled.
Students Belonging To The SC/ ST Or PWD Category Will Require A Minimum Of 45% Marks To Qualify For Any MBA Entrance Test.
Graduate From Any Stream With A Minimum Of 50% Marks Or Equivalent CGPA From A UGC Recognised Board Or Equivalent Recognition From MHRD For A General Category Candidate.
Listed Below Are Preparation Tips For Pursuing MBA Course:
To Get Admission To Any Of The Top MBA Colleges In India, One Has To Undergo Several Rounds Of The Selection Process. Candidates Must Ensure To Fulfil All The Requirements In Each Round To Make It To The Final List For Admission. Here Is The Stage That Every Candidate Must Go Through To Seek Admission For An MBA Course:
Stage 1: Apply For The Entrance Exam
Even Before Choosing A College, Candidates Will Have To Appear For Any Of The Entrance Exams Listed. Also, They May Look At The Requirements Of The Colleges They Wish To Be Admitted To And Accordingly Prepare For The Entrance Exams. To Appear For The Entrance Exams, Merely, Candidates Will Have To Meet The Minimum Eligibility Criteria For Each Entrance Exam. Although Most MBA Entrance Exams Allow Candidates With 50% Aggregate Marks For General Category Students And 45% Aggregate Marks For Reserved Category Candidates.
Stage 2: Appear For The Entrance Exam
These MBA Entrance Exams Are Not Easy. They Are Quite Difficult And Require Months Of Preparation. So, Candidates Must Prepare Well In Advance And Appear For The Exams.
Stage 3: Results Of Entrance Exams
Then, The Next Step Is That Candidates Will Have To Wait For The Results. All Entrance Exams Have Different Ways Of Calculating The Marks. Some Consider The Marks Scored, And Some Consider The Percentile. So, Make Sure To Check The Rules Of The Exam.
Stage 4: Release Of Cutoff By The Colleges/Institutes
Each College Will Release Its Minimum Cutoff Marks Based On The Entrance Exams Accepted For Admissions.
Stage 5: Apply For The College/Institute
Candidates Meeting The Cutoff Must Then Apply For The MBA Course Admission Process To The College/institute. Anyone Who Does Not Meet The Cutoff And Still Applies Will Not Be Considered. Further, Remember That Entrance Exams Scores For Most Exams Are Valid For One Year Only. Check The Validity Of The Score. And There Are Multiple Colleges That Accept Candidates With Low Scores/percentiles.
Stage 6: Shortlisting Of Candidates For The GD/PI Rounds
Based On The Entrance Exam Scores, Candidates Will Be Shortlisted And Called For Group Discussions Or Personal Interview Rounds. MBA Colleges Accepting Direct Admissions, On A Merit Basis Also Conduct Personal Interview Rounds. Candidates Must Appear For This Round Of The Selection Process.
Stage 7: Declaration Of The Final Merit List And Waiting List
After Evaluating The Candidate On The Parameters, Entrance Exam Scores, GD/PI Performance, Academic Scores, And Working Experience, The Final List Of Selected Candidates Will Be Declared. Candidates Will Have To Pay The MBA Admission Course Fee To Secure Their Seats. Simultaneously, The Waiting List Of Candidates Will Also Be Declared. If There Are Any Vacant Seats Or Availability, Candidates From The Waiting List Will Be Admitted.
Getting Admission To An MBA College Is Not A Cakewalk. One Has To Overcome A Series Of Difficult Processes For Admission To A Top B-school In India. If You Fulfill The Basic Eligibility Criteria, You Need To Appear For Any Of The Following Entrance Exams:
ICFAI Business School Aptitude Test (IBSAT) Exam
MICA Admission Test (MICAT) Exam
Indian Institute Of Foreign Trade (IIFT) Exam
Common Management Aptitude Test (CMAT) Exam
Xavier’s Aptitude Test (XAT) Exam
Symbiosis National Aptitude Test (SNAP) Exam
Management Aptitude Test (MAT) Exam
Common Admission Test (CAT) Exam