MBA Course Details - Admission Process, Fees, & Specializations
What do Nike, Gap and Victoria's Secret all have in common? First, they were all started by MBA professionals. It's very simple: If you want to launch your business venture, an MBA degree gives you the tools and the support to do so. The course is tailored to provide the necessary knowledge, strategies and experience to sustain in today's high-tech world.
Earning an MBA program is one of the best ways to study how to bring your new business and management idea to life with practical or theoretical skills from big or small business professionals. This is why several B-schools in India and overseas offer different MBA courses, including executive, full-time, part-time, online, distance, etc.
It is a professional postgraduate degree course that helps boost your technical or industrial expertise and financial rewards and develops your self-confidence to undertake new projects. Let's get into essential MBA Course Details.
MBA Course Details
MBA is a two-year master's degree course that deals with administering the significant area of a business or an organisation, including human resources, marketing, finance, sales, operations, customer services, etc.
MBA program is one of the most sought-after programs students pursue after a bachelor's degree. It is a generalist degree that provides the students with the essential skill and understanding of fundamentals and advanced business and management concepts.
Pursuing this four-semester program prepares students to work in management positions or as founders of startup companies. In addition, MBA professionals are well-trained to boost the company's value, from startups to IPO.
MBA Admission Process
To know about the MBA admission process, first, let's know the eligibility criteria for the degree. Every university has different eligibility requirements. Have a look at the step-by-step MBA eligibility criteria.
▪ Students need to pass a bachelor's degree from any college.
▪ They need approx 45-55% marks in their previous education.
▪ According to some universities, applicants need to clear university, national and statelevel entrance exams.
Now let’s have a look at the MBA admission process.
Studying in a master's degree program according to your favourite MBA specialisation is an excellent choice for those who want to pursue a career in management and business. But how can you take your favourite specialisation in future? This will be possible only after taking an MBA admission to your dream university.
Have a look at the listed below MBA admission process below.
▪ To apply for MBA admission, candidates must first choose a university and then have a basic knowledge of MBA course details.
▪ Next step, Students need to fill out the application.
▪ Applicants can complete the payment of the MBA course fees online.
▪ To qualify, students apply for the entrance exam and check the score list.
▪ A merit score list will be released on a specified day.
If an applicant is selected, the university also calls the student to sit on a PI and GD round.
The MBA courses are popular because every organisation needs different professionals to manage every day, monthly and yearly operations. Now, after having a brief idea about the MBA course details and admission process, let's have a look at MBA course fees and different specialisations.
MBA Course Fees
The MBA course fees are on the higher side compared to other professional master's degree courses. However, this is also because there are various benefits in an MBA course that other courses don't offer.
The average MBA course fees in India range between INR 2 lakh to 25 lakhs. However, there are other parameters like the ranking of the university, the location of the college, and the city provided by the college.
Different MBA Specializations
Have a look at the listed below top specialisation that comes under the MBA degree-
▪ MBA Healthcare Management – MBA in Healthcare Management program is a 2-year master's degree course focusing on making healthcare and medical professionals.
▪ After completing this degree, students are responsible for handling, managing and overseeing management duties in a hospital, healthcare company and pharmaceutical industry.
▪ MBA Finance – MBA in Finance trains students with a deep understanding of the various facets related to finance, such as control, management and assessment of investment, resources and collection.
▪ After completing the degree, they can get jobs in audit agencies, stock markets, the taxation industry, and many more.
▪ MBA Supply Chain Management – An MBA degree in Supply Chain Management is a master's degree course suitable for those candidates who want to develop strong administration knowledge to handle supply chain, back-end and industrial logistics operations.
▪ During the two-year study, students get full training about the key business strategies and technologies of logistics.
▪ MBA in Human Resources Management – MBA in Human Resources Management course plays an essential role in every industry, that of handling or managing every serious function and fun activity of the staff.
Conclusion
Pursuing an MBA degree provides deep knowledge about the business elements like finance, management, operations, accounting, etc., which are essential and relevant in public, private and government sector jobs. During the study, you'll learn subjects like Managerial Economics, Business Communication, Marketing Management, etc. If students want to know about MBA course details, they can download the university brochure.