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All You Need to Know About MBA

mbaStudents often after their graduation, get confused about what they should study after their graduation. In the world of competition, doing a Bachelor’s Degree in any field is not sufficient.

It has become essential to opt for a Master’s Degree for an excellent job opportunity. Earlier people used to think that doctors and engineers are the only good options to make a career. But these trends have changed now; students go for innovative courses, as they now have more scope in the market.

Usually, the commerce students who have done BBA or B.Com either go for CA or CS, or further Master’s courses, such as an MBA.

MBA or Masters in Business Administration is a two-year course. The eligibility for applying for this course is graduation in any stream. It offers both full-time and part-time options. Some educational institutes also provide the facility of distance education to the students.

MBA includes specializations in subjects, such as finance, human resources, marketing, sales, entrepreneurship, information systems, production and operations management, international business, public policy, and many more. Many educational institutes provide the facility of major and minor concepts.

It means that students are required to keep one subject as primary specialization and another for minor specialization. In this way, at a time, a student does an MBA in two fields.

Many private universities have launched the concept of doing two semesters in their university and the next two semesters in a foreign university with which they have an affiliation. It also provides excellent exposure to the business world to students.

Benefits Of MBA

The next question is why to go for an MBA. Following are the reasons to choose this course:

  • It gives students better career opportunities with a better pay scale.
  • MBA also provides students with better practical knowledge about the business world. It also helps to improve the concepts related to business.
  • It polishes the skills of students like communication, motivation, etc.
  • An MBA allows students to connect with a more extensive business network.
  • The course can help you to start your own company and can become an entrepreneur.
  • It also leads to the personal development of a student.

How to Apply For MBA?

Latest Applications For Various UG & PG Courses Open 2020:

    1. Manav Rachna University, Haryana – 2020 UG & PG Admission Open. Apply Now
    2. Bennett University (Times Group), Admission Open for 2020. Apply Now
    3. LPU, Punjab Admissions 2020 Open | Secure Your Admission Online‎. Apply Now
    4. Chandigarh University, Punjab 2020 Admission Open for all Courses. Apply Now
    5. Sharda University, Admission Open 2020, Few Days left. Apply Now
    6. MIT World Peace University, Admissions Open for All Courses 2019-20. Apply Now
    7. St. Andrew’s Institute of Technology and Management, Admission open 2020. Apply Now
    8. GD Goenka, Admission Open for UG & PG Courses. Apply Now

How to apply for an MBA is the next important aspect. Postgraduate courses have a different set of procedures for admissions. The students start preparing for this course from their graduation. Due to the growing competition, students need to start preparing for the entrance tests like CAT, MAT, XAT, and other entrance papers for MBA admissions 2020 early after graduation. Students need to register themselves for these entrance tests, to appear for them. Following are the steps for admission in MBA: 

  • Register and apply for MBA Entrance Exam: The first step towards acceptance of the course is to register for the entrance exams timely. It is recommended to give the examination as it widens the opportunity of getting admission in the right management college. The entrance exam is conducted at the end of the year. Students who have completed their Bachelor’s Degree or are in the final year of their Bachelor’s Degree can apply for the exam.
  • Appear In CAT/XAT/NMAT Exam: There are multiple entrance exams for admission in MBA. CAT is the national level entrance course. A good score in this exam will help to apply to the best management college. This examination is conducted at the end of November or beginning of December. Apart from this, there are several examinations like XAT or MAT, which are equally good. Further, universities have their entrance tests, which are for the students who have not given any of the other national-level tests.
  • Shortlisting The MBA College: After the results of the entrance test are out; many MBA colleges start shortlisting the students based on the outcome. Giving these national level entrance exams widens the opportunities for students to get admission in their dream.
  • Final Selection In MBA College: After shortlisting the students, the final selection of students is made. This process generally starts after the declaration of the results of the entrance test. Once the admission process begins, students are called for group discussions and interviews. Students are also examined as per their performance in GDs and interview. After all this, final lists are made. It is the last step in the admission procedure. Selected students are then called to submit their fees and carry out all the formalities for admission.

Best College For MBA

Latest Applications For Various UG & PG Courses Open 2020:

    1. Manav Rachna University, Haryana – 2020 UG & PG Admission Open. Apply Now
    2. Bennett University (Times Group), Admission Open for 2020. Apply Now
    3. LPU, Punjab Admissions 2020 Open | Secure Your Admission Online‎. Apply Now
    4. Chandigarh University, Punjab 2020 Admission Open for all Courses. Apply Now
    5. Sharda University, Admission Open 2020, Few Days left. Apply Now
    6. MIT World Peace University, Admissions Open for All Courses 2019-20. Apply Now
    7. St. Andrew’s Institute of Technology and Management, Admission open 2020. Apply Now
    8. GD Goenka, Admission Open for UG & PG Courses. Apply Now

There are chances that students don’t appear for the entrance exam. But they want to pursue an MBA. So, they can go to the university-level entrance exam. Many private universities offer MBA. Apart from IIMs, private universities like BML Munjal University, are a good option for pursuing an MBA course.

  • This college is mentored by Imperial College London and provides life skills and practical knowledge to their students that helps them to create innovators, thought leaders, and entrepreneurs who can reinvent the future by doing business in new ways.
  • It offers MBA in Marketing, finance, Human Resource Management, Investment Banking, Business Analytics, Operations and Supply Chain Management, and Artificial Intelligence and Data Engineering.
  • The duration of this course is two years.
  • The eligibility to apply here for admission is 60% aggregate marks in Bachelor’s Degree and standardized test score in any entrance exam.
  • More than 200 companies come here for placements. The highest package of MBA is Rs.15.70 Lakh per annum, and the average salary of an MBA is 7.93 Lakh per annum.
  • The top recruiters for MBA students are Amazon, Axis Bank, Hero, Dell, DBS, KPMG, and many more. They also provide scholarships on merit basis.

So, it is essential to do an MBA from a well-reputed educational institute.

For any other queries about All You Need to Know About the MBA, you can leave your queries below in the comment box.

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