Saurav AnandTable of Contents
The MBA, or Master of Business Administration, is a two-year professional postgraduate programme that focuses on teaching students about a variety of organisational and corporate business topics, such as management, finance, human resources, networking, analytics, international trade, and entrepreneurship. MBA programmes are available in a variety of formats, including full-time, executive, online, and distance learning.
To be eligible to apply for an MBA, a student must have earned an overall Bachelor's degree in any track with a minimum of 50% to 55%.
Entrance tests like the CAT, XAT, MAT, GMAT (for students choosing an MBA Program overseas), MAH MBA CET, etc. are used to determine admission to MBA programmes. These exams are then followed by a round of group discussions and a personal interview that serves as a personality test.
While ordinary MBA course costs at different universities can range from INR 12,00,000 to INR 24,00,000, MBA fees at prestigious colleges like IIMs may go up to INR 30,00,000. The cost of an MBA course will vary depending on the college, specialisation, style of study, and services (accommodation, etc.) selected.
The typical income of a candidate with an MBA will change depending on how many years of experience they have in the profession. An MBA holder with five years of experience may earn up to INR 8,00,000 a year, whereas someone with ten years of experience might earn up to INR 14,00,000. The package an MBA holder received during college placements, which may also vary up to INR 20,00,000 per year, would also affect the average pay for an MBA holder.
MBA Highpoints
| Full form of MBA | Masters in Business Administration |
| Level of MBA | Postgraduate |
| Duration of MBA | 2 years |
| Eligibility for MBA | 50–55% average for any stream during graduation |
| Entrance Exams accepted | CAT, XAT, CMAT, MAT, GMAT, MAH MBA CET, NMAT, SNAP, ATMA, etc. |
| Selection for MBA | The performance in the entrance exam, the group discussion, and the personal interview |
| Types of MBA | Regular MBA, Executive MBA, Distance MBA, Online MBA, MBA from abroad & Integrated MBA |
| Specializations in MBA | Finance, Marketing, Human Resources Management, Rural Management, Information Technology, International Business, Business Analytics, Digital Marketing, etc. |
| Average salary for MBA | ₹ 8,00,000 to ₹ 11,00,000 |
| Top MBA Colleges in India | IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIT Delhi, XLRI, IIT Madras, IIT Bombay, ISB Hyderabad, etc. |
Eligibility Criteria for MBA
- Followed by a bachelor's degree of at least three years in any stream from a recognised university or institute after passing the 10+2 exam from a recognised board.
- Graduate Aggregate of 45% for ST/SC/PWD applicants and at least 50% for general candidates.
- A score that is valid for entrance exams like as the CAT, XAT, CMAT, MAT, GMAT, MAH MBA CET, etc.
- Candidates with experience are encouraged.
Entrance Exams for MBA
| Name of the exam | Date of the exam |
|---|---|
| CAT 2022 | 21 November 2022 |
| XAT 2023 | 8 January 2023 |
| NMAT 2022 | 10 October 2022 – 19 December 2022 |
| SNAP 2022 | 10 December 2022 – 23 December 2022 |
| CMAT | February 2023 |
| ATMA | 25 February 2023 |
| MAT 2022 | December 2022 |
Top MBA colleges in India
| Name of the college | Ranking | Eligibility | Total Fees(₹) | Average Package(₹) |
|---|---|---|---|---|
| IIM Ahmedabad | 1 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 23,00,000 | 27,60,000 |
| IIM Bangalore | 2 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 24,70,000 | 25,00,000 |
| IIM Calcutta | 3 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 23,00,000 | 27,65,000 |
| IIT Delhi | 4 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 9,60,000 | 22,70,000 |
| IIM Kozhikode | 5 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 20,50,000 | 20,00,000 |
| IIM Lucknow | 6 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 20,75,000 | 23,50,000 |
| IIM Indore | 7 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 21,00,000 | 22,60,000 |
| XLRI Jamshedpur | 8 | Candidate must have a valid XAT score and have completed their bachelor's degree with at least 50% of the required grades. | 23,00,000 | 25,40,000 |
| National Institute of Industrial Engineering, Mumbai | 9 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 14,60,000 | 20,80,000 |
| Indian Institute of Technology, Madras | 10 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 11,00,000 | 16,50,000 |
| Indian Institute of Technology, Bombay | 11 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 8,30,000 | 25,80,000 |
| Indian Institute of Technology, Kharagpur | 12 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 9,00,000 | 19,30,000 |
| Management Development Institute, Gurugram | 13 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 15,35,000 | 24,00,000 |
| IIM Raipur | 14 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 15,40,360 | 14,80,000 |
| IIM Ranchi | 15 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 17,50,000 | 14,65,000 |
| IIM Rohtak | 16 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 17,90,000 | 16,25,000 |
| Symbiosis Institute of Business Management, Pune | 17 | Candidate must have a valid SNAP score and have completed their bachelor's degree with at least 50% of the required grades. | 24,60,000 | 18,00,000 |
| IIM Tiruchirappally | 18 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 11,80,000 | 17,00,000 |
| Indian Institute of Technology, Roorkee | 19 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 8,30,000 | 10,12,000 |
| Indian Institute of Technology Kanpur | 20 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 4,00,000 | 19,35,000 |
Top MBA colleges in Mumbai
| Name of the college | Ranking | Eligibility | Total Fees(₹) | Average Package(₹) |
|---|---|---|---|---|
| National Institute of Industrial Engineering, Mumbai | 9 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 14,60,000 | 20,80,000 |
| Indian Institute of Technology, Bombay | 11 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 8,30,000 | 25,80,000 |
| SP Jain Institute of Management and Research | 21 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 22,10,000 | 21,00,000 |
| Narsee Monjee Institute of Management Studies | 25 | Candidate must have a valid NMAT score and have completed their bachelor's degree with at least 50% of the required grades. | 22,00,000 | 23,00,000 |
| Principal L N Welingkar Institute of Management Development and Research | 68 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 26,00,000 | 9,00,000 |
Top MBA colleges in Bangalore
| Name of the college | Ranking | Eligibility | Total Fees(₹) | Average Package(₹) |
|---|---|---|---|---|
| IIM Bangalore | 2 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 24,70,000 | 25,00,000 |
| Christ University Bangalore | 72 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 7,50,000 | 15,60,000 |
| Alliance University Bangalore | 98 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 14,00,000 | 11,00,000 |
| Jagdish Seth School of Management | - | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 14,40,000 | 10,20,000 |
| Xavier Institute of Management and Entrepreneurship | - | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 11,50,000 | 7,40,000 |
Top MBA Colleges in Delhi
| Name of the college | Ranking | Eligibility | Total Fees(₹) | Average Package(₹) |
|---|---|---|---|---|
| IIT Delhi | 4 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 9,60,000 | 22,70,000 |
| Management Development Institute, Gurugram | 13 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 15,35,000 | 24,00,000 |
| IIM Rohtak | 16 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 17,90,000 | 16,25,000 |
| International Management Institute | 30 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 21,37,500 | 15,28,000 |
| Institute of Management Studies, Ghaziabad | 44 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 20,08,000 | 6,00,000 |
Top MBA colleges in Hyderabad
| Name of the college | Ranking | Eligibility | Total Fees(₹) | Average Package(₹) |
|---|---|---|---|---|
| ICFAI Foundation for Higher Education | 32 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 16,00,000 | 8,71,000 |
| Institute of Management Technology | 75 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 6,03,000 | 9,38,000 |
| University of Hyderabad | 94 | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 1,65,000 | 3,50,000 |
| Indian School of Business | - | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 36,29,620 | 27,13,000 |
| Siva Sivani Institute of Management | - | Candidate must have a valid CAT score and have completed their bachelor's degree with at least 50% of the required grades. | 6,60,000 | 7,50,000 |
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