MBA Courses Details, Scope, Career Choices & Eligibility Criteria

MBA Courses details

What is MBA (Master of Business Administration)?

Master of Business Administration, as the course name suggests, covers various aspects of business administration and trains students in understanding the nitty- gritty of running a business and preparing them for becoming efficient managers.

Let us take you through MBA Courses Details And List.

Top Specialisations

The core courses in an MBA programme cover various areas of business such as accounting, finance, marketing, human resources and operations along with various electives. The duration of the programme is two years

1. MBA in Banking and Financial Services

Meaning- MBA in Banking and Finance, thus caters to these two essential aspects of our lives and aims to produce professionals with sound knowledge about banking and financial services.

Significance- Banking and Finance are two indispensable components of a business. Banks are institutions in-charge of individuals or organization's money. Banks discharge various set of functions such as holding the money of customers, investing the money, reimbursing interest on the deposited money, offering loans to people for personal or business use and so on.

They also provide a wide range of services such as giving advice related to investment and insurance, exchange of foreign currency and acting as trustees. Banks form an essential part of our lives. And therefore, there has always been and will be a demand for bank professionals.

Finance, on the other hand, is a process through which advice is provided to a company or a person for investing their money and getting high returns. Finance management is the backbone of any company whether it is a corporate, a big business house, or a financial institution.

Eligibility Criteria for MBA in Banking and Financial Services

  • The two-year course is open for graduates.
  • Candidates have to clear entrance exams such as CAT, XAT, GMAT and MAT.
  • The shortlisted candidates have to clear Group Discussion and Personal Interview Rounds.

Syllabus for MBA in Banking and Financial Services

The syllabus of Banking and Finance as prescribed by various Colleges and Universities:

  • Principles of Management and Organisational Behaviour
  • Managerial Economics
  • Marketing Management
  • Accounting and Finance for Managers
  • Banking and Insurance Marketing
  • Merchant Banking
  • Mutual Fund Management
  • Commercial Banking and Role of RBI
  • Corporate Communication
  • Banking and Insurance Marketing
  • Management Control Systems
  • Business Environment and Ethics

Career Choices for MBA in Banking and Financial Services

An MBA in Banking and Finance can open up the following roles for the aspirants:

  • Business Analyst
  • Finance Manager
  • Corporate Analyst
  • Investment Banker
  • Risk Analyst
  • Senior Accountant
  • Operations Manager
  • Money Manager
  • Securities Analyst
  • Marketing Manager
  • Personal Finance Consultant

Scope in MBA in Banking and Financial Services

Banking and Finance have always been domains for which demand has never receded. They are, in fact, the most relevant job profiles, in times of recession or without. Jobs can be found in Financial Institutions, Banks, Financial Consultancies, various government and private companies. The salary can depend upon the working experience, qualification, recruiters, location of the organisation and so on.

mba full form

2. MBA in Marketing

Significance - The popularity of MBA in Marketing has increased in recent years, owing to the shift to the digital sphere and globalisation. Most businesses have their own in-house marketing team, which specialises in bringing clients to the company and promoting their products.

Though the course is targeted towards marketing, it in no way limits the career of a person, in fact, the skill sets learnt during the course open up various career paths from consulting to entrepreneurial management.

Eligibility Criteria for MBA in Marketing

  • Students must have 50% marks in bachelor’s degree in any discipline from a recognised university.
  • Students must secure the necessary percentile in entrance exams such as CAT, GMAT or similar examinations.
  • Students must clear GD/PI Rounds.

As part of the two-year course, the students will get to study subjects such as Strategic Planning, Market Research, Consumer Behaviour, Cost Volume and Profit, Analysis of Demand along with skills such as communication, analytics, business ethics and leadership. It enables students to identify the market choice through analysis of demand

MBA in Marketing Syllabus

Some of the subjects that the students will study over the course of two years are:

  • Marketing Concepts
  • Marketing Research
  • Marketing Planning
  • Principles of Sales Management
  • Sales Forecasting
  • Marketing Audit
  • Advertising Management
  • Consumer Behaviour
  • Brand Management
  • Industrial Marketing
  • Marketing Ethics
  • Economic Analysis

Career in MBA in Marketing

Some job profiles that are open for students after the completion of the course are:

  • Marketing Manager
  • Branding Manager
  • Asset Manager
  • Corporate Sales
  • Sales Manager
  • Product Manager
  • Media Manager
  • Head of Digital Marketing

MBA in Marketing Scope

Marketing is regarded as an important component in the growth of a company. India is growing fast and becoming a corporate hub, therefore, professionals well-versed with marketing will find many takers. Marketing itself is a vast field.

This course leads students to the FMCG sector, IT industry, Retail, Tourism, Banking, Hospitality, Media, Advertising, Consultancy, Market Research and so on. A good candidate can easily make Rs 40,000 to 65,000 per month. The salary structure depends on the position and reputation of the firm and the quality of the candidate.

3. MBA in Human Resource

Meaning - All businesses are essentially about human beings. Human resource is the biggest asset that a business has. A company’s fortune depends on its employees. If the workforce is efficient, motivated and moving in the same direction, the company will naturally progress and vice versa. Since people are involved, they will have different personality traits which might lead to clashes.

Function - The Human Resource Department of a company takes care of hiring the suitable candidate, providing development and training, assessment of their performance and also keeps engaging and motivating the employees, to create a healthy working environment for them.

Eligibility Criteria for MBA in Human Resource

  • Completion of graduation with minimum 50%
  • CAT/XAT/GMAT/MAT scores
  • Group Discussion and Personal Interview
  • Cumulative score of these three qualifying processes

Syllabus for MBA in Human Resource

The subjects to be studied by the students pursuing this course include:

  • Principles of Management and Organisational Behaviour
  • Managerial Economics
  • Accounting and Finance for Managers
  • Marketing Management
  • Human Resource Management
  • Personnel Management Concepts
  • Methodology of Training and Development
  • Human Resource Development and Planning
  • Compensation Management
  • Industrial Relations Management
  • Corporate Communication
  • Strategic Management
  • Organisational Development and Change

The course is designed to impart holistic understanding of the functions of human resource management. The course imparts a range of skills such as, Human Resource Planning, Manpower Resourcing and Talent Retention.

Career Choices after MBA in Human Resource

Some of the job profiles that students of this course are likely to assume are:

  • Staffing Director
  • Compensation Manager
  • Employee Relations Manager
  • Placement Manager
  • Technical Recruiter
  • Director of HR Training and Development
  • Payroll Director
  • HR Entrepreneur
  • International Human Resources Professional

Scope for MBA in Human Resource

Human Resource is another area which is present in every organisation. MBAs in HR will find employment easily. They are the people who screen potential candidates, recruit, train new employees, motivate the workforce, frame the company’s HR policy and so on. The kind of salary one draws as an MBA in HR depends on the experience the person has.

4. MBA in International Business

Significance - With globalisation and the resultant increase in contact among countries, businesses are exploring international markets. This has made MBA in International Business a very popular and lucrative option. Companies are looking for graduates trained in handling international business, to represent their company internationally.

Eligibility Criteria for MBA in International BusinessM

  • A bachelor’s degree win any discipline with a minimum of 50%
  • Entrance Exam such as CAT/XAT/GMAT
  • Clearing the Group Discussion and Personal Interview
  • No age limit for this course

Syllabus for MBA in International Business

The syllabus of MBA in International Business includes subjects such as:

  • Management Concepts and Organisational Behaviour
  • Managerial Economics
  • Accounting for Managers
  • Financial Management
  • Marketing Management
  • Human Resource Management
  • International Business Environment
  • Management of Multinational corporation
  • International Business Law
  • Global Financial Markets and Instruments
  • Foreign Trade and Policy
  • Cross Cultural Business Management
  • International Logistics Management
  • Global Marketing Management

Career Options after MBA in International Business

The job profiles of an MBA in International Business may include:

  • Export managers and executives
  • International Business consultant
  • International Business Development Manager
  • International Marketing Managert
  • International Finance Manager
  • Global Business Manager
  • Export Coordinator
  • Account Manager
  • Brand Manager
  • Management Consultant
  • Investment Banking Manager

Scope of MBA in International Business

Given that the world has shrunk and come closer, businesses require professional people well versed with various international business practices to conduct business across continents. MBA in International Business can join the international market departments of companies, international placement offices, import and export departments of companies, global shipping companies, global tourism sector, international consultancy firms and so on. Jobs are available both in India and abroad in a wide range of sectors. A postgraduate in international business from a reputed institution can get an initial salary package ranging from 5-12 lakh per annum.

5. MBA in Operations

To cater to the spurt of firms involved in manufacturing, MBA in Operations was introduced as a specialised course. However, it is not restricted to manufacturing alone but covers a range of important business skills required in business.

Eligibility Criteria for MBA in Operations

  • A graduate in any discipline
  • MBA entrance exams such as CAT/XAT/SNAP/GMAT
  • Short-listed candidates will appear for GD and PI

Syllabus for MBA in Operations

The syllabus of the course may require the aspirants to study subjects such as,

  • Supply Chain Design
  • Enterprises Resource Planning
  • Supply Chain Management
  • Operations Management
  • Data Analysis
  • Business Analytics
  • Advanced Logistics
  • Plant Design and Layout
  • Project Management
  • Manufacturing Strategy
  • Operations Strategy
  • Manufacturing Processes

Career Choices after MBA in Operations

  • Operations Manager
  • Operations Analyst
  • Supply Chain Manager
  • Operations Management
  • Management Consultant
  • Inventory Control Manager
  • Logistics Manager

Scope for MBA in Operations

Graduates in Operations are in great demand in the industry. They have the option to pursue career in different sub fields within operations such as supply chain, consultancy, operations strategy, inventory control, logistics planning and others. Entry level salary of Operations Manager is Rs 4 lakh per annum and increases with experience.

6. MBA in Tourism

As people’s disposable income increases, they begin to explore other cities and countries for travel. This has given rise to the Tourism Industry and increased the demand for MBA in Travel and Tourism Management.

Eligibility Criteria for MBA in Tourism

  • A graduate degree in any discipline with a minimum of 45-50% in aggregate
  • Entrance exam, GD and PI

Syllabus for MBA in Tourism

A student opting for this course will usually have to study courses such as:

  • The history of tourism
  • The tourism product
  • Destinations and destination development
  • Travel patterns and tourist behaviour
  • Tourist demand and the tourist market
  • International tourism and trends
  • Environmental, cultural, and economic impacts of tourism on nature, humans and society

Career Choices after for MBA in Tourism

With an MBA in Travel and Tourism, the students can target travel and tour companies, airlines, hotels, academic institutions, transportation and assume the following roles:

  • Information Assistant
  • Lobby Manager
  • Sales Manager
  • Travel Agent
  • Transport Officer
  • Tourist Guide
  • Travel Executive
  • Operations Executive
  • Ticketing Assistant

Scope

The travel and tourism industry is relatively new than others but is growing fast. According to estimates, it is expected to generate 13.45 million jobs. India has moved up 13 positions to 52nd rank from 65th in Tourism and Travel Competitive Index. Clearly, the industry has a positive outlook, and hence professionals in this domain need not worry. Hotels, Restaurants, Retailing, Transportation, Travel Agencies, Tour Companies, Leisure, Cultural industries and so on, will continue to provide employment to good candidates.

7. MBA in Family Business & Entrepreneurship

MBA Family Business and Entrepreneurship programs are offered by many top MBA colleges to give boost to entrepreneurship ventures and to expand and modernize the family business to make it a successful and growth oriented business. ‘Make in India’; ‘Start-Up India’ could be a great success, if more and more graduates after completing their MBA in Entrepreneurship & family Business resorted to Entrepreneurship projects and indulge to boost the Family Business instead of running after meagre placement packages. 

 MBA Family Business Management Program offers the opportunity to the students to further expand and strengthen their family business and also to venture into entrepreneurship with innovative ideas after getting proper grooming and skills on completion of their MBA Family Business and Entrepreneurship Program.

Who should pursue MBA in Entrepreneurship & Family Business?
MBA in Family Business and Entrepreneurship is a specific program designed for:

  • Next generation family business owners/successors
  • Startup founders
  • Aspiring Entrepreneurs

Top MBA Colleges offer MBA in Entrepreneurship & Family Business:

MBA Family Business programme or  MBA in Entrepreneurship & Family Business Programmes are offered by many colleges.  Some of the top MBA colleges offering Family Business Management Courses in India are IIM Bangalore, S P Jain, Nirma University, NMIMS Mumbai among others.  

MBA in Family Business best Colleges include NMIMS MBA Family Business program which is one of the most sought after management programs. IIM Bangalore offers two specialized programmes for entrepreneurs – Management Programme for Entrepreneurs and Family Businesses (MPEFB) and Management Programme for Women Entrepreneurs (MPWE) in addition to offering courses on entrepreneurship in the long duration programmes.

In the rapidly altering business environments and economies, the next generation of business owners want to tackle the uncertainty and volatility of business world effectively. To cater to the needs of this group, many top B-schools offer MBA Family Business and Entrepreneurship Program which is specifically designed to help meet the needs of next generation of family business owners.

8. MBA in Business Analytics

MBA Business Analytics or Master of Business Administration Business Analytics is a post-graduate programme which can be completed in 2 years. MBA Business Analytics is a methodical exploration for business or organisations of the data. It uses statistical analysis and helps give insights on their performance and helps companies improve and profit using previous data.

The course comprises Computer simulation, optimization, statistics, decision analysis, artificial intelligence, and many more. The courses consist of two fields of practice, one is Business Intelligence and another one is Advanced Analytics.

Scope of MBA in Business Analytics

  • MBA Business Analytics offers skills and knowledge regarding analytics, applied and theoretical statistics is gained for job opportunities.
  • Business analytics has relevance in every industry like Marketing, Finance, Consultancy, Intelligence, etc
  • It offers a wide range of career options including data analyst, data scientist, technical team leader, data mining expert, qualitative analyst.
  • Top companies such as Microsoft, Infosys, Wipro, Google Tata Group, Facebook, Linkedin etc. have positions for these students.
  • Great salary packages are offered with the average ranging between INR 8- 16 LPA.

Successful postgraduates can secure jobs as Business Analyst,, Business Analyst Project Manager, Data Analyst, Business Intelligence Expert, and Data Mining Expert, etc.

Industries such as Financial Services, Retail, Manufacturing, Healthcare, Oil and Gas, Social Media, Gaming, will also offer employment to candidates. Some of the well-known employers are Accenture, HP, IBM, Cognizant, Tata Consultancy Services, American Express, and so on

9. MBA in Rural Management

With 70 percent of 125 crore population living in rural areas and going by a rough estimate as revealed by the recently changed Government’s policies for Rural Development, the day is not far when more than 50 percent of India’s marketing, finance and human resources management programmes will require more and more qualified professionals with MBA in Rural Management courses. This is the reason that more and more multinationals are attracted towards the skilled professionals with MBA in Rural Management to cater to the needs of huge potential of rural market in India.

Since the demand for rural managers is rising consistently and more and more MBA Rural Management Courses in India are being introduced, the MBA rural management jobs are also on the rise. Not only at campus placements, the job opportunities for qualified MBAs in Rural Management are also available with high salary packages outside as well.

MBA in Rural Management applies the management theories and practice with their modified process meant for rural areas that can be converted into high potential market in future. The planning, organising, making the rural areas develop fruitfully with profit generation for the products, studying with a view to develop the cooperatives, agri-business and allied activities are part of the courses in MBA Rural Management. 

Career Prospects:

The MBA in Rural Management has seen a steady rise in placement packages as the need for rural managers is rising year after year. The demand for managerial skills continues to be on the rise in rural sector. As a result more and more students are taking up MBA rural management courses as preferred career option. A consistent increase in salaries in Placement offers from reputed recruiters to graduates with MBA in Rural Management adds to this charm.

 MBA in Rural Management courses in India as offered by IRMA and other top institutes are more or less having similar course design. PGDRM, an MBA equivalent programme is offered by IRMA for the last 40 years. IRMA is pioneer in offering MBA in Rural Management. The Post Graduate Diploma in Rural Management (PGDRM) prepares talented young managers to assume challenge-filled responsibilities in rural cooperatives and development organisations. PGDRM is a two-year fully residential programme.

National and Multi Nationals are realizing the importance of Rural and Agribusiness market. While AMUL is one of the top examples of cooperative brands offering high placements to graduates in Rural Management and Agribusiness management, number of top recruiters like Adani, Reliance, Tata, Godrej, EY, KPMG, Tolaram, Ninjacart, Cloudtail among others have been participating in campus placements and making high salary offers in the management institutes offering MBA in Rural Management and MBA in Agri Business Management programmes.

10. MBA in Health Care Management

One of the recent and upcoming preferred Management programs is MBA in Healthcare Management. The Specialization in Healthcare Management offers you with domain knowledge in the healthcare sector and also equips you with general management skills. Healthcare domain knowledge helps in developing a niche profile which leads to less competition compared to a general PGDM/MBA. The continuous research due to lack of access to quality healthcare makes the Healthcare Management a recession-proof sector for many more decades offering high career opportunity to the professionals with specialized MBA Healthcare & Hospital Management.

With the people getting more concerned and actively involved in their health, the focus is also shifting on the prevention than simply on cure without getting their wellness affected adversely. This change has created a newer healthcare delivery model that is more personalized and has a customer-centric approach. With the greater access to health information through various health care sites and apps, this new ecosystem has given rise to the specialized MBA Healthcare Management Course.

Top MBA Colleges for MBA in Healthcare Management in India include IIM Calcutta, FMS Delhi, ISB Hyderabad, GIM Goa, TISS Mumbai, K J Somaiya, Mumbai; Welingkar Mumbai among others.

Scope of MBA in Healthcare Management:

Integration of emerging technology like AI, wearable, IoT and machine learning in healthcare management has further enhanced the MBA in Healthcare Management Scope for its students. Vast opportunities for students pursuing MBA Healthcare Management include Health Insurance, Healthcare IT, Hospital administration, Consultancy, Data analytics, Pharmaceuticals, Medical Devices, and Diagnostics.

The MBA in Healthcare Management covers the knowledge and process how the data need to be collected and stored, maintained, and analyzed to help in getting accurate results in diagnosis, patient safety, drug efficacy, effective treatments, disease prevention, increase in compliance of drugs and improve the accessibility of a medical facility.

Some of the top recruiters who look for candidates with MBA in Healthcare Management include Siemens, GE, J&J,  Abbott, Cipla, Pfizer, Glenmark,  E&Y, KPMG, Deloitte, McKinzee, PWC, Cognizant, Infosys, TCS, ICICI Lombard, Bajaj Allianz, Star Health, Fortis, Apollo, Manipal, Columbia Asia, UNICEF, UNDP, Government sector, Practo, Gocci, Home-Health, Portea, among others.

MBA in Event Management

MBA in Event Management is a two-year postgraduate program in which trains the students to manage events like organizational meetings, business promotions, wedding parties, corporate parties, marketing and advertising and other celebrations etc. Event Management is one of those areas that have become very popular these days. It is one of the wide range of programs available in event management. Candidates who have completed their bachelors in event management are allowed to choose this degree program in order to advance their skills. The program was designed to produce graduates who can serve the organisations and companies from the event management industry. 

MBA In event management will cover topics related to event management in two years. This course also enables the students to manage presentations, catering, events and venue management. The curriculum aims at grooming the presentation, communication and personality skills of the students. Most of the subjects will be covered practically so that the students can learn the practical aspects of the program. As we know a good event organiser must possess good communication as well as thinking skills to handle all the event activities, this program will focus mainly on advance those skills.

Scope of MBA in Event Management:

Graduates have an option to join a company or start their own start-up after the completion of the MBA in event management degree. The event management industry is rich in career options as qualified event managers are always in demand at all the organisations. There are many industries in the event management market that hires well qualified event managers. Candidates may apply at any of the organization. Candidates will get an opportunity to be a part of a large team that manages events like Seminars, Fashion Shows, Corporate Events, Product Launches, Exhibitions, Weddings, Family events, Press Meetings, Concerts, Award Ceremonies, Birthday parties, Adventure tours and events etc. Candidates may explore the event industry and then apply for a job according to their interest.

Some of the colleges that provide MBA in Event Management are Amity University, NMIMS, LPU, AIIMAS, Sage University, Tritya Institute of Event Management among others.

Types of MBA

Other than the regular MBA, there are various other types of MBA offered by the institutions, to cater to diverse groups.

1. Executive MBA

Aim - Executive MBA is designed to target the need of working executives, who wish to acquire professional and managerial skills and, thereby, enhance their growth prospects in their respective job fields. The programme is of two years duration and is spread over four semesters.

Read 10 Reasons for Executive MBA why one should consider it?

Eligibility Criteria

  • Executive with graduate degree (minimum 3 years duration) in any discipline
  • A minimum of 3-5 years of full time post qualification professional experience
  • Entrance exam such as CAT and GMAT
  • Group Discussion and Personal Interview
  • Letters of Recommendation (in some cases)

Career benefits

The Executive MBA is tailor-made for working professionals, who are ready for a defining jump in their careers. It provides mid-career professionals the ideal platform to augment their existing skill sets as they endeavour to armour themselves for senior and top management roles in the industry.

Candidates with the relevant experience and typically working as managers, AGMs, and Zonal Heads use the Executive MBA to launch themselves as CEOs, Vice President, GM and Senior Managers. The Executive MBA builds on the work experience of the candidates and is, therefore, much more relevant as well as closer to the practical world.

Difference between Regular MBA and Executive MBA

  • Regular MBA- Studying the program on a regular basis, having daily day classes.
    Executive MBA- Open to graduates with 1-5 years of working experience. Many institutions
    provide evening classes for executive MBA aspirants.
  • Regular MBA- Aspirants who pursue this, opt for fresh private or public sector jobs.
    Executive MBA- Working professionals pursue Executive MBA in order to get promotions to higher
    grades in their work profiles. Read more about Executive MBA

2. Part Time MBA

Part Time MBA comes as a boon for all those who want to gain a Masters degree without quitting their jobs to do so. There are a large number of people, who, for one reason or the other, are unwilling to pay the fees in advance. For them, pursuing the course while working is the only viable option.

Eligibility Criteria

  • Graduation with 50% marks
  • Institutions may ask for 2-3 years of work experience

Advantages - Part time MBA provides flexibility to the aspirant, as the classes, usually happen on the weekends, so the aspirant does not have to sacrifice work. Also, the aspirant can apply all that he learns over the weekend, in his work over the week. This means that the aspirants get to put their learning to practice immediately.

Disadvantages - Students enrolled in Part Time MBA, miss out on networking opportunities that Regular MBA accords. Part Time MBA does not give the chance to students to immerse themselves in the programme, as Regular MBA does.

3. MBA Abroad

For those interested in gaining international exposure or settling abroad, it makes sense to pursue an MBA from a different country other than India.

Benefits

An MBA from abroad gives you an experience like nothing else would. The experience of living in other country is tied with experiencing that country’s culture, language, rituals and way of life and help you in your business life, as you will also get to experience different ways of doing business in the world.

Requirements

A strenuous process awaits you, if you intend to pursue MBA from abroad. The first and foremost requirement is a bachelor’s degree, preferably through a reputed university. Many MBA colleges abroad require students to have exposure to the professional work environment, hence, look for some work experience.

A carefully prepared Statement of Purpose along with good recommendation letters leave a good impression and conveys your intent. The aspirant is also required to clear entrance exams such as GMAT, followed by an interview. Also, language proficiency exam such as TOEFL or IELTS are mandatory.

Cost

Cost is a major factor when considering foreign countries for pursuing MBA. An MBA abroad may cost anywhere from Rs 20 to 75 lakh, to furnish which, an aspirant may have to work through the course to recover the cost. The huge financial burden needs to be factored in before applying.

Scholarships

All the universities abroad have a scholarship program for students. As the fees is on the higher side and cannot be easily afforded by many students, the universities run several scholarship programs to ensure that no deserving candidate misses out due to lack of funds.

Reputed institutions

Some of the best institutes across the world for MBA are:

  • Harvard Business School, USA
  • The Wharton School, USA
  • Kellogg School of Management, USA
  • Stanford Graduate School of Business, USA
  • London Business School, UK
  • University of Oxford, UK
  • University of Cambridge, UK
  • University of Warwick, UK
  • INSEAD, Singapore
  • York University Schulich’s Business School, Canada
  • University of Toronto, Canada Read more about MBA abroad

4. Distance Learning

Distance learning MBA offers convenience and comfort to working people particularly. People can enrol in the distance learning programme of the institution of their choice, without worrying about the distance or location of the institution from their city. The aspirant is not required to be present physically in the classrooms but has to appear for the exams only.

Eligibility Criteria

  • The aspirant should be a graduate in any discipline.
  • The aspirant may be required to clear an entrance exam such as OPENMAT for admission in IGNOU.

Cost

The cost of an MBA through distance learning is cheaper, as compared to a regular MBA.

Best Institutions

Some of the best institutions offering MBA through the distance learning mode are:

  • Symbiosis Centre of Distance Learning, Pune
  • IGNOU, New Delhi
  • ICFAI Business School, Hyderabad
  • Sikkim Manipal University, Sikkim
  • Annamalai University, Tamil Nadu
  • IMT-CDL, UP

5. Online MBA

What is Online MBA?

Another type of MBA, which has become popular these days is the Online MBA. Online MBA offers a unique learning experience to the aspirants, wherein they can customise the programme to meet personal preferences, schedules or goals. These type of programmes can be an excellent choice for aspirants, who prefer independent, self-directed study.

How it works?

In an Online MBA programme, information, courses, knowledge are distributed through the internet, rather than physical face-to-face classroom lectures. The student use the internet to watch a streaming video lecture, participate in discussions through chat forums, upload their assignments and so on.

Pros of Online MBA

Cons of Online MBA

-It offers greater amount of flexibility, round the clock support systems and can be done anywhere in the world.

-Not suitable for students who learn best through physical teaching.

-Boon for working professionals who can complete the course around their job obligations, without affecting it.

-It may lack structure, accountability and direction.

-Access to the best in the world.

-Students miss out on the campus experience which adds a new dimension to their personalities.

Info for Charts (Source- India Skills Report 2016- https://wheebox.com/logo/ISR-2016-small.pdf)

Skills required by Employers

  • Integrity and Values, Result orientation- 27%
  • Interpersonal skill, Learning agility- 18%
  • Numerical & Logical ability- 9%
  • Cultural fitment- 8%
  • Communication- 6%
  • Adaptability- 4%
  • Domain Experitse- 28%

Frequently Asked Questions

Q. What are the courses of MBA?
A. Many MBA specializations are offered by colleges, the major ones being MBA in Marketing, MBA in Banking and Financial Services (BFS), MBA International Business (IB), MBA Human Resource Management (HRM) and MBA in Operations.

Q. Do I need to appear for the entrance exam for MBA?
A. Yes, for getting admission into MBA you need to appear for MBA Entrance Exam. The major entrance exams being CAT, XAT, SNAP, IIFT, CMAT, NMAT, MAT etc.

Q. Is Maths required for MBA?
A. Business requires some Maths, in accounts or finance. So MBA will have some basics of Maths that you will require as a budding Manager. 

 

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