Do you know that India is the world’s largest provider of Management education?
When it comes to look for an MBA course in India, the choice could be really overwhelming. You have to start from choosing the types of program. Then, you need to short list the best MBA courses in India. All of it might take a lot of efforts. Yet, if you are capable of structuring the process with perfection, and knocking out the options that do not suit your requirements, the process could have been a lot easier. However, at first you need to know about the type of MBA program, you are going to go for. MBA courses come in with a wide variety of verticals including Full-time MBA, Part-time MBA, Executive MBA and Distant mode MBA education.
Full-time MBA
Most of the universities are offering the full-time MBA programs. There are a lot of universities offering one-year full time MBA. Other universities are offering 2-years full time MBA. The living cost would be significantly lower, if you wish to go for the 1-year MBA program.
Application schedule:
Round 1: 1st June to 31st August
Round 2: 1st September to 5th December
Course structure
The MBA subjects may look very similar and structurally the course will be consisted of Finance, Operational Management, Human Resource Management and Economics. This core components will be covered in the 1st year and these subjects will allow the students to have a decent level of foundation.
The second half of the course will consist of a specialization via an elective. The numbers and natures of the electives will be varied from university to university. Moreover, new subjects could be added to the course according to the demand of the marker as well as economy.
Eligibility
The pre-requisites of the MBA program are the following.
- Graduate in any discipline with at least 50% marks
- 4-12 year working experience
- A valid GRE or GMAT score
Part-time MBA
The part-time MBA programs suit the working professionals the best. While being in this type of program, the students could be able to complete the program on a part-time basis and they could still be on the job while being in the program. This type of program means an extended duration of the course and course duration might be fixed according to the requirement of the students,
The application schedule:
There is a two-step selection process for the part-time MBA programs.
- Common entrance test
- Group Discussion
Course structure
The program usually consists of seven terms of 14 weeks spread over the period of minimum two years. In the first year, the core components of management will be covered and the second will consist of a specialization via elective. The electives could have been marketing, finance, HR, Information system and operational management etc.
Eligibility
The eligibility criteria of a part-time MBA program are the following.
- The student should pass any full-time bachelor degree consisted of at least 3 years and the degree should be recognized internationally.
- The students who have subsequently qualified in the Gate examination
- The student must have an experience of at least 2 years of working and the experience of working as an internee will not count.
Executive MBA
The executive MBA program is designed for the experienced professionals to sharpen their managerial ability and to expand the career potential. In addition, it also enables them to gain leadership traits and to acquire international management experience in a multi-cultural atmosphere. Most of the EMBA courses are designed according to the preferences of the working professionals and the EMBA courses usually have more flexible schedule.
Course structure
The EMBA courses are two-year program and the 24 months program is divided in to 4 semesters. Each semester will be of six months. Six functional specialization will be offered in the second year. Here are the subjects of functional specialization.
- Marketing
- Finance
- Operational Management
- HR management
- System Management
- International Business management
Eligibility
The pre-requisite of the admission in to an EMBA course is given below.
- The student needs to be a university graduate at least to apply. Relevant post graduate qualification like the Chartered accountant as well as finance stream is prioritized.
- The student must have at least more than 5 years of working experience.
- Candidates will be assessed for the suitability on the program on the basis of overall profile including the working experience, academic record, professional achievement, test scores as well as a personal interview.
Distance learning MBA
Distance learning MBA is offered for the off-the-campus learning. This could be performed through various courses and online course materials usually are sent to the residence of the participants. Exams could be conducted either in the examination centers or in the internet.
Application schedule
Distance learning MBA programs usually have duration of 1-year and two-year. If you want, you can go for any of them and they both hold the same value as if it were the regular MBA program.
Course structure
The course structure is similar to the other MBA courses. The first half will consist of the learning of core components and the second half will consist of choosing one or two specialization via electives. The specializations are the following.
- Marketing
- Finance
- Operational Management
- HR management
- System Management
- International Business management
Eligibility
The eligibility criteria of admission in to any distance MBA program is given below.
- The candidate should have a graduate degree in any disciple and the degree must be from any internationally recognized institute.
- For local or Indian students, the bachelor degree should be from any govt. recognized institution.
- The students appearing in the final examination of their bachelor degree could also apply.
MBA cost in India
- In India, the MBA cost has been raised significantly in the past few years. Any internationally recognized university in an educational hub like UK or USA would cost between $30,000- $50,000. On the other hand, Indian universities are asking for $10,000-$15,000 for the MBA courses.
Living cost in India
Living cost in India is on the lower side and an international student will be able to manage the food and residence within $300-$350.
Job placement facility
Most of the renowned universities in India have excellent job placement facilities and they are tied up with several international and national level organization.
Entrance exams for MBA
Here is a list of Entrance exam for MBA
- CAT= for All IIMs
- XAT= for XLRI Jamshedpur, XIM Bhubaneshwar, S.P. Jain as well as GIM etc.
- SNAP= Institutes affiliated with the Symbiosis university
- MH-CET= for the universities located in Maharashtra
- CMAT: All India council of technical education
To the bottom line
Once you have decided the type, duration and location of your MBA course, you have to appear the entrance exam and complete the required paperwork to get admitted. You have to pay for the 1st year or 1st semester in advance. However, you could have bypass the general entrance test and appear in the university entrance exams, if you plan to enter into any private university.