MBA: Full Form, Courses, Admission, Syllabus, Subjects, Fees, Salary
MBA is a 2 year professional postgraduate degree course that focuses on modern management skills, thus providing students with a wide range of career options in the field of management. MBA Admission is based on MBA Entrance Exams followed by a GD/PI round. Students must have more than 50% in their undergraduate degree from any stream in order to apply for MBA courses. The average fee for the MBA course ranges from INR 2 to 20 LPA depending upon the college a candidate has chosen.
A Master of Business Administration (MBA; also Master's in Business Administration) is a graduate degree focusing on business administration, investment management, healthcare administration and psychology. The core courses in an MBA program cover various areas of business administration such as accounting, healthcare, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, psychology, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy.
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What is MBA?
The full form of MBA is Master of Business Administration. It is a postgraduate course and the minimum eligibility criteria to seek MBA Admission is 50% in bachelors (5% relaxation is available in some MBA colleges), however top MBA colleges in India such as IIM Ahmedabad, IIM Bangalore or IIM Calcutta require a minimum of 60% for MBA Admissions. The MBA Fee ranges from INR 2-30 LPA depending on the MBA college. Full Time (2 Year MBA) is the most popular type of MBA (Master of Business Administration) course pursued by the students in India. The MBA Syllabus is the most market-oriented as compared to other Masters’ Courses. MBA Subjects include Marketing Management, Supply Chain Management, Operations Management, Strategic Management, etc.
MBA Full Form
Master of Business Administration
MBA Eligibility
MBA Eligibility criteria might vary from college to college, but the overall gist is the same.
- You need to have completed your graduation or must be in the final year of graduation provided that they submit a provisional certificate from the college.
- Your graduation score should be at least 50%. Premier institutes like IIMs and IITs ask for a minimum of 60% marks.
- Students of reserved categories like OBC, SC and ST get 5% relaxation in the percentage asked in some MBA colleges.
MBA Syllabus
MBA Subjects
| MBA Subjects in 1st Semester | MBA Subjects in 2nd Semester |
|---|---|
| Corporate Social Responsibility | Macroeconomics |
| Microeconomics | Business Law |
| Principles of Marketing Management | Operations Management |
| Principles of Accounting | Optimization and Project Research |
| Tools and Framework of Decision Making | Corporate Finance |
| Quantitative Methods and Statistics | Project Management |
| Business Communication and Soft Skills | Marketing Management |
| Organizational Behaviour 1 | Organizational Behavior 2 |
| MBA Subjects in 3rd Semester | MBA Subjects in 4th Semester |
| Supply Chain Management | Internship Projects |
| Financial Modeling | |
| Strategic Management | |
| Business Intelligence | |
| Marketing Research | |
| Managerial Economics | |
| Corporate Governance and Business Ethics | |
| Corporate Finance 2 |