The Big Data of MBA Aspirants in India

The Big Data of MBA Aspirants 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.

Types of Management Degrees Offered in India

  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.

Management degrees offer the following specializations like:

  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

Types of Management Institutes

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:

MBA Aspirants Data

Popular MBA Exams in India

Popular MBA Exams

Conducting Authority

Conducting Level

Aspirants Registering/Appearing (approx.)

Frequency (per year)

Common Aptitude Test

CAT

IIMs

National

2.41 Lakhs

Once

Xavier Aptitude Test

XAT

XLRI Jamshedpur

National

75000

Once

Common Management Admission Test

CMAT

National Testing Agency

National

70000

Once

Symbiosis National Aptitude Test

SNAP

Symbiosis International University

National

50000

Once

NMIMS Management Aptitude Test

NMAT by GMAC

Graduate Management Admission Council

National

90000

75-Day Window

Management Aptitude Test

MAT

All India Management Association

National

3 Lakh

Four Times

Indian Institute of Foreign Trade Exam

IIFT

Indian Institute of Foreign Trade

Institute

60000

Once

AIMS Test for Management Admissions 

ATMA

Association of Indian Management Schools

National

3 to 5 Lakh

Five Times

ICFAI Business School Aptitude Test

IBSAT

ICFAI Foundation for Higher Education

National

25000

2-Day Window

APICET

APICET

Andhra Pradesh State Council of Higher Education, Hyderabad

State

45000

Once

Maharashtra Common Entrance Test

MAH-CET

Directorate of Technical Education (DTE), Maharashtra

State

1 Lakh

2-Day Window

MICA Admission Test

MICAT

Mudra Institute of Communications, Ahmedabad

Institute

8000

Twice

IRMA Social Awareness Test

IRMASAT

Institute of Rural Management, Anand

Institute

A few thousand

Once

State-wise List of Universities/Institutions offering PG in Management:

State

University / Institution

Uttar Pradesh

386

Maharashtra

366

Tamil Nadu

358

Andhra Pradesh

345

Telangana

336

Madhya Pradesh

245

Karnataka

230

Haryana

106

Punjab

98

Gujarat

89

Orrisa

83

Kerala

82

Rajasthan

76

West Bengal

53

Delhi

41

Uttarakhand

38

Bihar

24

Chhattisgarh

21

Jharkhand

14

Assam

11

Jammu & Kashmir

10

Himachal Pradesh

7

Puducherry

6

Chandigarh

3

Arunachal Pradesh

1

Dadar and Nagar Haveli

1

Goa

1

Meghalaya

1

Mizoram

1

Nagaland

1

Sikkim

1

Tripura

1

(Data courtesy aicte-india.org)

Profile of MBA Aspirants

  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 (12th 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:

Year

Total Intake

Total Enrollment

2018-19

372579

229939

2017-18

393043

238065

2016-17

411826

234563

2015-16

431458

249894

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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