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What, Why and how to do MBA in India?

What, Why and how to do MBA in India?

Edited By Himanshu Shekhar | Updated on Aug 16, 2023 07:24 PM IST | #CAT

What, Why and How to Do MBA in India? If we look at the history of the MBA, we will find that it was first introduced by Harvard University Graduate School of Administration in 1908. Indeed having these three letters, “MBA” on your resume makes you stand apart but the true meaning and practical aspects of these three letters course is a vast area to learn about. If you are looking for the answer to why MBA is important, to be specific, an MBA program helps you a lot to build the premises of your business knowledge and your professional growth.

What, Why and How to Do MBA in India?

Though the post-graduate study program, Master of Business Administration or MBA, finds its origin in the United States it is the course that is desired globally. MBA is an apt study program, especially for those who aim to shape their career with business acumen and entrepreneurial ambitions. The thing which adds more value to this course is that no matter what academic stream one had, be it Science, Commerce, Arts, or any other stream, the doors of the MBA program are open for all.

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Post Graduation courses like MBA have also contributed a lot to the economic growth and academic standards in various countries along with India. Moreover, if talking about an individual, pursuing MBA from a prestigious B-School also leads one to get a handsome package. This is also the reason why pursuing an MBA has become a charming career in India.

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Now the question arises, why should we do MBA When other such courses are also out there which provide the exposure and advantages discussed above? What does an MBA degree offer you that could make you think to pursue it as your career? Why do people do MBA? Why MBA is important? To answer this question, one has to look into the following aspects that justify why they should go for MBA:

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Understanding of Business

If you are a student who has no idea about what happens in a business nor do you belong to a business family, then MBA is truly the key source that tells you how to think and behave in a business situation. MBA helps you to know how to look at the situation from a marketing perspective or a sales perspective or a finance perspective. Overall, it gives you an understanding of how to look at a situation from a Business perspective.

Boosts your Self-Confidence

When one pursues their MBA from a B-School, they live around students who are extraordinarily good, very ambitious, and talented and have already done a lot in their life. So you suddenly end up surrounded by such accomplished groups of people and that increases your confidence. Though you feel like you don’t know anything this acts as a push for you because it makes you take part in that competition and try to win. From leading in group assignments and giving class presentations to organizing huge events, MBA teaches you everything.

Provides an opportunity to change the industry

In addition, MBA does provide you with an opportunity to change the role or industry you have been working in. Suppose, one is a software developer or works in finance and they want to change their industry from software development to product management or marketing from finance, then an MBA is a great way to get that change because the recruiter already knows you have given your 1-2 years to a curriculum to get training that prepares you, particularly for the industry or company for which recruiting is being done.

MBA is important for a better job profile

MBA is important nowadays because, in today’s world, all the recruiters in one or another way are looking for this degree. The truth is for any business role, more and more companies or more and more recruiters expect an MBA degree from their candidates. So, if you are looking for a career in the business or management world but if you don’t have an MBA degree, it somewhat becomes a disadvantage.

But why do people do MBA in India when they are financially capable enough and have the option to pursue it outside India or in any other country? There are several reasons which justify why one should go for India when it comes to pursuing a postgraduate course like MBA:

Reasonable Cost of Study

For every course out there, India provides high-end quality education at a reasonable and affordable cost. Whereas, for an MBA, universities in countries like Europe charge even more than $ 1,00,000 which will not allow you to save a few bucks at the end of the day. Spending on studies is an investment and MBA programs in India give you a big return on your investment.

Multiple programs of MBA to choose from

MBA is not a program that is counted as only one. In India, there are diversified types of MBA programs offered such as Full-Time MBA, Pat-Time MBA, Distance MBA, Online MBA, Executive MBA, and Integrated MBA. so, even if you are a working person, you will still be able to pursue an MBA in India. There will be no boundings on your working hours.

Number of options of top B-Schools

Over the period, the management sector in India has evolved and developed a lot so are the B- Schools. All the top management schools across the country offer quality education and a globally accredited curriculum. Goa Institute of Management, Indian Institute of Management Bangalore (IIMB), International Management Institute (New Delhi), Indian Institute of Management Ahmedabad, etc. are example of such management institutes which provide excellent exposure to their MBA students.

India is a leading emerging market

At this present time, India is in the position of leading emerging markets with innovations and changes popping up in every passing minute. So, it makes it more exciting to pursue a business management course like MBA at such an innovative place. Since Indian Companies are extending their global reach, knowledge, and practice of how to do business in India are becoming more important to the people, no matter wherever they are based.

Exciting and enriching career opportunities

In addition, India’s economic growth is also creating new and exciting opportunities for MBA students and adding value to their degrees. Big brands and big-name companies like Amazon, McKinsey, and Uber also hire those who have completed their MBAs from Indian Business Schools.

How to do MBA in India? Why pursue an MBA?

If you are planning to do MBA in India, there are certain pointers you have to keep in mind while deciding to pursue an MBA degree in India. These things mainly involve -what type of entrance exams are out there for different types of MBA courses, what are the eligibility criteria for such entrance exams, which are the top B-Schools or management Institutes in the country, and what is their fee structure, and selection criteria, etc., and these are the questions one has to find the answers for to go for MBA in India.

Advantages of MBA Completing an MBA program demonstrates a commitment to learning, developing, and applying skills that help an organization succeed.

Masters of Business Administration (MBA) and Post Graduate Diploma In Management (PGDM)

In India, there are specifically 2 kinds of management degrees offered which are Masters of Business Administration (MBA) and Post Graduate Diploma in Management (PGDM). The former is a 2-years degree course whereas, the latter is a 1-year degree and is offered by various IIMs across the country.

Due to the change in needs of the industry standards, there have been introduced various other types of MBA/PGDM degrees and these are- Online MBA, Distance Learning MBA, and Executive MBA.

MBA Specializations

An MBA degree provides one with the opportunity you specialize in the following areas:

Eligibility criteria for MBA

To pursue an MBA course, aspiring students must give management entrance exams that take place at the National and State levels across the country. In addition, they have to fulfil the following eligibility criteria to apply for the exam:

  • Candidates must be graduated from any of the streams with at least 50% marks or equivalent CGPA from a UGC-recognized University or Board or the institution recognized by the Ministry of Human Resources Development Department of Higher Education (MHRD).
  • Aspirants who belong to the category of Schedule Caste (SC) or Schedule Tribe (ST) or PWD Category are required to secure a minimum of 45% marks to be eligible to give MBA Entrance exam.

Entrance Exam that an aspirant can look for

There are so many entrance exams out there through which an aspirant can pursue MBA as their career. If they fulfil the basic eligibility criteria discussed above, thereafter they are required to appear for any of the entrance exams:

Following are those management entrance exams that take place on the National Level-

Some entrance exams take place at the States Level as well-

Moreover, there are some management schools in India as well, which conduct their own management entrance exam to offer admissions into MBA Programs. These Institutes are-

Frequently Asked Question (FAQs)

1. Why MBA is important?

An MBA degree can enhance one's marketability as a professional and also increase the quantity and quality of job opportunities. Over 98% of MBA graduate gets full-time job offers. Apart from that, an MBA can also help candidates to build business leadership skills and a professional network.

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Questions related to CAT

Have a question related to CAT ?

Hello aspirant,

Every year, IIMs conduct the Common Admission Test (CAT), a national MBA entrance exam, in rotation. For admission to over 1,200 institutions and premier B-schools in India, as well as PGDM, Executive MBA, PhD, and FPM programmes, the IIM CAT exam is regarded as one of the most difficult MBA entrance exams to pass. One of the best MBA schools in India, IIMs offers PGDM and MBA programmes for students who pass the CAT exam with scores in the 82nd to 99th percentiles.

For complete information you can visit our website by clicking on the link given below.

https://bschool-careers360-com.cdn.ampproject.org/v/s/bschool.careers360.com/exams/cat/amp?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17204523672625&csi=1&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fbschool.careers360.com%2Fexams%2Fcat

Thank you

Hope this information helps you.

Hello!

The educational qualification required for CAT exam is bachelor's degree or its equivalent from a recognized university with minimum of 50% for the open category and 45% for the SC/ST/PwD category. Since you have secured more than the required percentage in your bachelor's degree, you are eligible for CAT exam.

For more information, please visit the website by clicking on the link given below:

https://bschool.careers360.com/articles/cat-eligibility-criteria

I hope you will find this information helpful. Best wishes ahead!

Hello Aspirant,

Yes, you can sit for the CAT exam with a CGPA of 8.5. However when you do crack the CAT exam and have to sit for the interview round or the Group discussion round, you will be asked the question about 4 years of graduation, in which case, carry your hospital records and medical certificates to prove to them that you actually had some health issues during your graduation. This shouldn't be a problem because you had a genuine reason for the one-year gap.

Hello,

Getting admission to an IIM without taking the CAT is possible through alternative routes such as:

1. Executive MBA (PGPX,EPGP,ect .)  : Many IIMs offer Executive MBA programs for experienced professionals, which may require GMAT scores instead of CAT .

2.Integrated programs: Some IIMs offer integrated programs like IPM (Integrated Program in Management), where admission cab be based on entrance exams other than CAT.

3.Doctoral programs (Ph.D.): Some IIMs accept GMAT/GRE scores for their doctoral programs .

4. Specialized Courses: IIMs offer various short-term and ccertificate programs that don't require CAT scores.

Check the specific IIM websites for detailed admission criteria and processes for these programs .


The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.

To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.

https://bschool.careers360.com/articles/cat-2024


View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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