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What is MBA - Master’s in Business Administration or MBA is a postgraduate degree with its importance with recognized not only in India but in other foreign countries as well. MBA is a two-year degree programme that provides an individual with a gateway to an abundance of job opportunities across India as well as overseas. Candidates with a Bachelor’s degree from any background be it commerce, science, arts, can opt for taking a postgraduate degree in MBA. Generally, four semesters form part of an MBA programme and its importance is not limited to only the Private sector. MBA graduates can hold managerial positions in Public and Government sectors as well. The MBA programme was introduced in order to meet the deficit of quality managers at the top level in various organizations. Candidates can pursue an MBA programme either on a regular basis or can opt for online or distance education basis. Apart from regular MBA degree, candidates with work experience can also opt for an Executive MBA programme to enhance their leadership and managerial qualities.Read: IIM MBA Admission Process clicking here.
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Candidates can opt for a regular full-time MBA or distance MBA. Although the basic eligibility remains the same in all institutions providing MBA degrees, some colleges may inculcate some changes in MBA eligibility criteria as per their requirement. The following mentioned are the basic requirements which a candidate should have in order to pursue an MBA degree as a postgraduation:
Know Your Calling Chances from IIMs & other Top MBA Colleges, Eligibility & Cut-offs
Candidates must have a Bachelor’s Degree in any discipline be it technology, science, commerce, humanities, etc, from any recognized University or Institution of National importance.
Minimum percentage required in graduation degree is 50% as prescribed by most of the Universities/Institutes.
Final year candidates can also apply to apply for an MBA, but they have to provide their final graduation certificate within a specified time duration.
Most of the B-Schools conduct their own MBA entrance exams in order to provide admissions to candidates in the two-year management programme. Whereas, some of the B-Schools admit candidates on the basis of national level tests like CAT/MAT/XAT/ATMA, etc. Admission tests of MBA can be divided into three levels.
Level of Test
National Level Test
State Level Test
University Level Test
Detailed analysis of the entrance exams for two years MBA programme is given below-
National Level Test - There are certain exams which are common and are conducted at the National level. Scores of such exams are accepted by all participating colleges/institutes. Some of the top national level MBA entrance exams are CAT, MAT, XAT, ATMA, CMAT, IIFT etc.
State Level Test - Apart from the national level exams, there are some states that conduct their own entrance exams for MBA. Qualifying candidates can take admission in any of the participating colleges across the state. Some of the top State-level exams include MAH CET, OJEE MBA, TANCET, AP ICET, KMAT, etc.
University Level Test - Along with above-mentioned tests for MBA admission, some of the institutes also provide admissions to candidates on the basis of test conducted by them. Such University level tests are NMAT/NMIMS, CUSAT, SNAP, IPU CET, IRMASAT, etc.
Eligible candidates who are willing to take admission in MBA programme in the top B-Schools of India are required to qualify any of the above-mentioned tests depending on their choice of college/university/institute.
Once the candidates qualify any of the above exams, they have to go through a screening/written ability test/personal interview etc depending upon the preference of institute and its selection procedure for MBA admissions.
Due to the availability of a number of colleges for MBA, it may happen that one college/institute may sound appealing to one candidate, while the same does not to another candidate. Some of the top B-Schools providing MBA programme are given below:
Shailesh J. Mehta School of Management, Mumbai
IBS Business School, Hyderabad
Symbiosis Centre for Management and Human Resource Development, Pune
Narsee Monjee Institute of Management Studies, Mumbai
*Fees of MBA programme is tentative for some institutes and may vary as per the selection of MBA programme specialization.
MBA whether as a full-time programme or correspondence offers exposure to candidates in a variety of specializations. Some institutes give the option of selecting specialization in the very first year, while some institutes let candidates study basics in the first year of the programme and then select a specialized area in the second year. Whereas, sometimes the candidates are given the option to select core and elective subjects either in the first year or the second year. Some of the major specializations which are offered by B-Schools in India for MBA programme are given below.
Major Specializations of MBA Programme:
Finance & Accounting
Human Resource Management
Economics & Social Sciences
Production & Operations Management
Before candidates decide to opt for an MBA programme, it is essential that they understand the scope of the two years programme, the benefits associated along with the average pay package they can get. Currently, candidates from all domains are planning to take up the MBA Programme for uplifting their career path. The importance of having an MBA degree can not be neglected. Candidates having MBA degree are demanded in every industry.
Advantages of MBA Degree
Upliftment in Career Growth
Enhancement in Core Values
Expansion in Job Opportunities
Although MBA graduates are required in all domains, yet in India, there are certain top MBA recruiters that specifically hire MBA graduates. The hiring capacity may differ due to certain factors, but the core aim will remain the same. Recruitment can be done through any source like campus placement, direct hiring, agency recruitment, third party sourcing, etc. Some of the top recruiters hiring MBA graduates are listed below:
Larsen & Toubro
Keeping in view the current scenario, it is likely that MBA graduates will see a shift in the increase of the average package. As per the annual survey report submitted by GMAC, more than 50 per cent of the participating companies planned to increase the base salary of MBA graduates from the academic year 2019. Top government B-Schools, IIM Ahmedabad offered an average package of 30.40 lacs per annum in the year 2019 while Private sector-top institute XLRI Jamshedpur offered an average salary package of 22.35 lacs per annum in the year 2019.
The basic requirement for taking admission in MBA Programme is that candidates must have a Bachelor’s degree from any recognized university.
Admission criteria in MBA programme differs according to colleges. Major colleges accept entrance exam scores and conduct group discussion and personal interview rounds. Read the complete article to know about the various types of MBA entrance exams.
MBA is a two year programme which is majorly divided into four semesters. After the first year, candidates are required to do summer internships as well.
Currently in India, MBA programmes can be taken as a full time two year regular MBA programme, correspondence MBA programme, Executive MBA programme, one year full time MBA programme or online MBA programme. Depending on suitability candidates can opt for any of the MBA Programmes.
MBA programme itself is a high-status degree. Candidates can opt for any of the specializations, depending on their area of interest. Major specializations opted by candidates include Finance, Marketing, Human Resource Management.
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Till now IIT Delhi has not released its cut-off for CAT for admission to MBA courses. According to last year's trend you should score more than 90 percentile if you belongs to general category and want to pursue MBA from IIT Delhi.
For more details about cut-off for MBA program in IIT Delhi you should read this
I hope this answer helps you.
see no exam is easier to crack if you dont have enough of preparation. to become eligible for judiciary exam you must completed an LLB or equivalent degree from an institute that is recognized by the Bar Council of India. and for cat exam eligibility criteria is graduation in any discipline with 50% marks in graduation. cat exam is admission for mba courses in finance, human resource, business analytics and many more stream. now it depends on you , you need to think which of the path you want to go, see in both of the ways you can earn a handsome salary, but you need to really dedicated and hard working for that.
hope you may understand.
Yes, there are many mba colleges through mat/cat those offers scholarships.
Visit this link for more details:
I hope this helps.
Yes, you can. You'll be benefiting from the diversity factor which is just because you are from Biology background in your undergraduation. Though you class 10th and 12th marks are below average but no problem the more you score in CAT the more will it help you in getting a call from a good IIM/B-school. Please prepare for CAT wholeheartedly and give your best shot to CAT. With a composite score percentile in CAT of around 95-98 you can definitely get a call from the CAP IIMs and maybe the old IIMs too.
Though there are many other factors which judge if you will get a call from top B-school or not like your work-ex, extracurriculars etc.
You can reach out to us for more help,
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