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MBA (Master of Business Administration)

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About MBA

Management in Business Administration is the most preferred Master's program the world over. Any student wanting to pursue a professional management career takes the route of MBA, after completing their Bachelors (preferably BBA).

Types of MBA

Students today have the option to pursue full-time, part-time, weekend and on-line degrees.

Every year we see further specialisations in the area of business – Here are the most popular and in-demand MBAs:

Finance Marketing HR
Consulting Entrepreneurship & Family business Management International Business
General Management Operations Management Technology Management
Global Management Engineering Management Information Systems Management
Banking & Financial Services Healthcare Rural Management
MBA Eligibility Criteria in India

The following are the eligibility criteria for pursuing an MBA in India:

  • 10+2 + 3 years of education.
  • Minimum 50% aggregate (45% for SC/ST) in Bachelor's degree from a recognised university.
    Some colleges have different pass percent requirements.
  • A valid CAT/ GMAT score.
  • Some colleges require a minimum of 1 year of work experience.

MBA Entrance Exams for India

There are 8 national level exams such as: CAT, CMAT, MAT, XAT, NMAT, SNAP, ATMA and GMAT.

Apart from these, some MBA colleges accept State Level entrance exam results such as: MAH CET, TANCET, PGCET, KMAT, etc.

And others have specific exams that you need to clear in order to apply for admission, such as:IIFT, TISS NET, IBSAT, KIITEE Management and UPES MET.

MBA Admission Process in India

The MBA Admission process in India is fairly streamlined.

  • Pass Admission Test
  • Fill Application Form/s of preferred colleges
  • Group Discussion Round
  • Personal Interview Round
  • Pay Fees

Speak with a Vidyaedify expert today to chart your path to an MBA degree.

Study MBA Abroad - About

Master in Business Administration (MBA) is the most desirable and sought after program to study abroad. It is the dream of many students to study in the world's prestigious B-schools.

Why study MBA abroad for Indian students?

The benefits outweigh the cost of an MBA abroad. Some benefits are:

  • Global exposure and opportunities
  • International networking
  • Internationally recognised Degree from top B-schools
  • Handsome pay package
  • Knowledge and practical skills that will set you apart
  • World-class curriculum

Businesses need MBA graduates who align with their mission and vision and add value to their business.

Eligibility and Requirements

Admission to Top B-schools and International universities have their criteria:

  • A bachelor's degree from a recognized college is essential.
  • GMAT exam score: is a widely accepted exam score for MBA admissions in top B-schools and universities. It is a 3 hours 30 minutes, computer-adaptive test. The minimum score is 200, and the maximum score is 800. The minimum age is 18 years. The GMAT exam fee is $250.
Part Sections Covered Time Limit
Analytical Writing Analysis of argument essay 30 minutes, 1 topic
Integrated Reasoning Table analysis, two-part analysis, multi-source reasoning, graphic interpretation 30 minutes, 12 questions
Quantitative Reasoning Data sufficiency, problem-solving 62 minutes, 31 questions
Verbal Reasoning Reading unseen passages, sentence correction, critical reasoning 65 minutes, 36 questions
 
  • Some Universities require a Letter of Recommendation from your previous academic institution or a previous workplace, Essays to assess your candidature and suitability for their institution, a Resume giving a brief of all your academic qualifications, and a Statement of Purpose.
  • Work Experience of a maximum of 2 to 3 years is required by most universities abroad for MBA. B-schools in the US, UK, Canada, Australia, Ireland require work experience.
  • Language proficiency exams - IELTS, TOEFL, PTE scores are accepted.
  • Specific universities have specific admission process for MBA abroad. Research well in advance.

Contact Us today for a free consultation on studying MBA abroad.

Countries

After deciding to study MBA abroad, finalizing the country and university is a big challenge. The most preferred countries are the US, UK, Canada, Australia, China, France, and Ireland.

Study MBA Abroad Duration and Cost

Aspects like the duration and cost of education (tuition fees) cost of living (accommodation, conveyance, food, entertainment, health), and job offers affect the selection procedure. Most of the Universities offer scholarships for studying abroad based on merit and need.

Country Institution Cost* Duration
US
  • Harvard Business School
  • The Wharton School, University of Pennsylvania
  • Stanford Graduate School of Business
  • MIT Sloan
  • Columbia Business School
  • University of California at Berkeley: Haas
  • Yale School of Management
$75,000 - $80,000 per year 21-24 months
UK
  • London Business School (LBS)
  • London School of Economics and Political Science
  • Imperial College Business School
  • University of Cambridge
£53,500 - £80,000/ per year 12-24 months
Europe
  • INSEAD, France
  • HEC Paris, France
  • Universita Commerciale Luigi Bocconi, Italy
  • IESE Business School, Spain
€60,000 - €90,000 per year 12-24 months
Australia
  • Melbourne Business School, Australia
AUD $60,000 - 90,000 per year 12-24 months

*indicative figures. Subject to changes.

Specializations

Depending on the industry and your individual qualities and preferences, you can select your specialization for MBA. The 1st year MBA is for building a strong foundation. The specialization is introduced in the 2nd year so that students can niche down.

Every field has its share of pros and cons, depending on the industry and field. So it is best that the student pays attention to every aspect while deciding.

Some of the areas of specializations:
Marketing Human Resources Finance
Information Systems Consulting Entrepreneurship
Operations Management    
 

Check with VidyaEdify counselor for the latest options in specialisation at your preferred university abroad.

Career opportunities

After completion of an MBA, you will be backed by a degree from the world’s most prestigious universities, opening many avenues for you. One main goal of studying abroad is to get high-paying job offers. Also, it is justifiable to work abroad after MBA, to recover the amount spent on MBA.

The world's top companies are located abroad and they employ students from reputed and elite B-schools.

Book a free consultation here.

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