Master of Business Administration or MBA is one of the most popular post-graduate programmes in India and abroad. The two-year management programme is a gateway to a plethora of job opportunities in the corporate world. In India, MBA course has gained a lot of significance over the last two decades. For most of the managerial level jobs across domains and sectors an MBA degree has become a necessity which is why, nowadays a large number of BTech, BBA, BCom, BA, BSc, BCA graduates opt for MBA in their post graduation. Here are some important facts about the MBA program
What makes MBA such a popular course is that students from any background – including Science, Commerce and Humanities – can pursue it. A regular MBA or Post-Graduation Diploma in Management (PGDM) is generally a two-year course divided into four or six semesters. However, there are certain private institutes that offer one-year PGDM programmes as well. One can pursue MBA in various modes, such as, Full-Time, Part-Time, Online and Distance-Education. Interested candidates can also find programmes customised based on their professional experience such as Executive MBA.
Many management institutes offer Post-Graduate Diploma (PGD) or Post-Graduate Programme (PGP) in Management instead of an MBA degree. There is not much difference between the two, but for their titles. Also Read: What is the difference between MBA and PGDM.
The full-time MBA is the most popular among all the education mode. It includes theory classes, practical projects, student exhange programmes, summer internships and final placements. Fresh graduates as well as candidates with a few years of work experience opt for a full-time MBA. Some colleges prefer fresh graduates while some colleges give higher preference to candidates with a few years of work experience.
On the other hand, the Executive MBA is fit for candidates with more than 5 -10 years work experience as it is designed to enhance their managerial and leadership skills to stay relevant in the job market.
Online MBA, Part Time MBA and Distance MBA programmes are ideal for candidates who wish to study while working. MBA Eligibility Criteria Full-time MBA eligibility criteria are as follows: The basic eligibility criteria for MBA (full-time) is Graduation in any discipline or equivalent from a recognised university Most of the institutes follow the minimum score criteria in Graduation which is 50 per cent in average or equivalent. For Reserved category students, the minimum score in 45 per cent in aggregate Final-year Graduation candidates are also eligible to apply for MBA, provided they present the proof of completion of Graduation degree within the duration specified by the institute