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MBA (Master of Business Administration)Apply Now! |
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 |
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.
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.
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.
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.
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 |
|
$75,000 - $80,000 per year | 21-24 months |
| UK |
|
£53,500 - £80,000/ per year | 12-24 months |
| Europe |
|
€60,000 - €90,000 per year | 12-24 months |
| 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.
Frequently Asked Questions
Studying MBBS Abroad is a better alternative for Indian students who have missed securing a medical seat in prestigious Indian colleges. MBBS abroad is well-suited for students who do not want to pay hefty donation fees to private medical institutions. Students need not change their stream and leave behind their dreams of becoming a doctor. Plus, they don’t need to take a one-year gap to get a medical seat in India.
There are many popular destinations for studying MBBS abroad. Indian students can pursue MBBS in Russia, China, Ukraine, Belarus, Nepal, Bangladesh, etc. Refer to this article here to read all the options. MCI and the world directory of Medical schools approve the medical universities in these countries. This ensures that you get quality education at affordable rates.
International students have access to modern lab equipment, testing methodologies, and advanced research. The stress on practical experience in overseas education makes the candidate stand out. They also have the option to practice medicine in foreign nations and India. Also, international students learn essential life skills while living abroad, which help them excel in life.
There are varying requirements for studying MBBS abroad. Some medical universities accept NEET scores, while some others have a specific test. A handful of universities offer MBBS without NEET. All universities require students to pass 12th grade with a minimum of 50% in Physics, Chemistry, and Biology. Another criterion is that students need to be a minimum of 17 years of age.
The answer depends on the combination of the university and the preferred country. For instance, Northern State Medical University in Russia does not ask for a NEET score for admission to their MBBS program. So, head on to the official website of your chosen university to find out more. If you need help, book a free counseling session here.
FMGE or Foreign Medical Graduate Exam is the official test conducted by MCI for international MBBS students. If the candidates pass this test, they can practice medicine in India, otherwise not. Many universities also provide coaching for Indian students to pass FMGE exams.
The duration of the course ranges from 5 years to 8 years, including internship and clinical practice. Some countries like Germany may also need students to study their native language, i.e., German, for one year. Students can always choose English courses in all countries. Check out before applying with the university whether you will be taught in English or any other language.
The living cost will depend on the preferred destination to study abroad. If you choose to study in a developed country or a stronger currency like China, your living expenses and tuition fees will be higher. However, if you choose a country like Belarus, you can cut down your expenses significantly.