Total MBA students in India

India is a young country with half its population under 25 years of age and boasts of steady economic growth at 7.8 percent (source IMF). With liberalization, privatization, and globalization of the economy in the last three decades, the education system, particularly management (higher) education has garnered enough popularity and importance. There is a high demand for skilled workers and able managers to focus on development in various sectors. Since the first Indian Institute of Management was founded in Calcutta in 1961 followed by IIM Ahmedabad in 1962, many new business schools – Government, Public, and Private – have mushroomed in India. Every year lakhs of students appear for more than 50 management entrance exams conducted on national, state, and institute level. Let us take a closer look at the BIG DATA of MBA and MBA Aspirants In India.

Let us take you through some important aspects related the Total MBA Students in India 2020.

1. There are two types of degrees awarded in management at postgraduate level in India –

   1. Post Graduate Diploma in Management (PGDM) or Post Graduate Programme in Management (PGPM) offered by institutes/colleges that are autonomous.

   2. Master of Business Administration (MBA) offered by a University to which the institutes/colleges are affiliated.

2. The full-time MBA / PGDM is a two-year residential program

3. Other than that, there are part-time, online, distance, and executive MBA programs offered by universities and institutes.

1. General Management

2. Human Resource Management

3. Banking & Finance

4. Retail & Marketing

5. Operations

6. International Business

7. Logistics & Supply Chain Management

8. Energy Management

9. Rural Management

10. Data Analytics

The various kinds of institutes offering management degree at post-graduation level in India are:

• Institutions of National Importance and University Departments

• Colleges Affiliated to Universities

• Non-University Autonomous Institutions

• Distance/Correspondence based Institutions

• Unaffiliated Institutions

Below is a chart showing different AICTE approved institutes offering PG Management courses in India in the academic year 2018-19:

(Data courtesy aicte-india.org)

1. Roughly 26 percent of females pursue MBA / PGP, and 74 percent are male. Almost all colleges and universities offer diversity points now to balance the gender ratio.

2. Approximately one-third of the MBA aspirants are freshers and fall under the age bracket of 22 to 25 years.

3. Around 76 percent of MBA aspirants come from the Engineering background followed by Commerce (10–12 %), Arts (5%) and other disciplines.

According to the All India Survey on Higher Education (AISHE) 2017-18:

1. The total enrollment in Higher Education in India is around 3.66 crores

2. The Gross Enrolment Ratio (GER) in Higher education was 25.8 percent (18-23 years) and targets to reach 30 percent by 2020-21 (12^th Plan Document)

3. Total intake in Management stream was 5.97 lakh students out of which 2.27 lakhs are girls.

4. Approved Intake versus Enrollment of AICTE approved institutes in Post Graduate Management Courses in the last four years is as below:

The management entrance exams conducted in India are incredibly competitive and test candidates on their accuracy, aptitude, and attitude. After a grueling selection process comprising of GDs, WATs, and PIs, students get seats in colleges and courses of their choice. However, there is no denying that despite MBA being such a popular option, only 7 percent of the MBA graduates are employable and that is something to ponder over.

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