Master of Business Administration (MBA) is one of the most in-demand post-graduate courses in India and overseas. Job security, high salary, networking, and thriving job opportunities are some of the reasons why an MBA is so popular among fresh graduates and working professionals.
An MBA degree has become a need of the hour to land managerial-level jobs across various domains. That’s why a large number of BTech, BCom, BCA, BBA, BA, and BSc graduates opt for an MBA degree programme during post-graduation.
MBA admission is based on a university/national level test followed by Group Discussion and Personal Interview. MBA eligibility requirements for admissions differ based on the institutions. However, applicants must have scored a minimum of 50 per cent marks in classes X, XII, and graduation. In addition, applicants must have received a graduate degree from a recognised university/college/board. Please remember that students with a minimum of 50 per cent marks in their undergraduate degree from any stream can apply for an MBA programme.
Chiefly, there is no age limit for applicants to apply for an MBA programme. Furthermore, an aspirant can choose to specialise in a variety of fields, such as Finance, Marketing Management, Operations Management, Human Resources, Data Mining, Search Engine Optimisation, International Business, Natural Gas Business, Power Management, Business Analytics, Supply Chain, Digital Business, and Cross Culture Management.
Notably, b-schools in India offer a broad range of MBA programmes, including full-time, part-time, one-year, modular, mini, or executive. Students or working professionals have the freedom to choose the course type according to their needs and convenience.
Chiefly, there is no age limit for applicants to apply for an MBA programme. Furthermore, an aspirant can choose to specialise in a variety of fields, such as Finance, Marketing Management, Operations Management, Human Resources, Data Mining, Search Engine Optimisation, International Business, Natural Gas Business, Power Management, Business Analytics, Supply Chain, Digital Business, and Cross Culture Management.
Now, we will give you the top perks of studying business administration after graduation. Read on to explore the benefits a Master of Business Administration offers.
Pros of studying MBA
-
Value for money
An MBA degree is considered a steppingstone to a rewarding future. MBA graduates have access to high salary packages. Moreover, the degree provides various transferrable skills and boosts confidence. After obtaining a business degree, graduates can land multiple senior managerial roles.
-
Improves career trajectory
Studying business administration can improve the career trajectory of students and working professionals by equipping them with an astute business sense. The course is helpful in building a strong foundation for business. It also pushes individuals to update themselves by consistently obtaining the latest skills, developments in the international market. Academic knowledge to gain a competitive edge.
-
Boosts marketability
Today’s global marketplace is highly competitive for working professionals. Individuals require a set of hard and soft skills that can give them a competitive edge in the dynamic and fast-paced business landscape. Pursuing an MBA degree enhances the quality and quantity of job opportunities in the global labour market.
To pursue MBA abroad, candidates have to take a slightly different route from the traditional one. They have to appear for Graduate Management Aptitude Test (GMAT) and language proficiency tests Test of English as a Foreign Language (TOEFL) and International English Language Testing System (IELTS) for MBA abroad admission. Academic qualification for MBA abroad is same as that of domestic programmes, i.e. 50 per cent aggregate in graduation or equivalent from a recognised university. Work experience of three to five years is required for most of the MBA courses abroad.
As pursuing MBA opens doors to various industries and gives a better return on investment, many budding entrepreneurs and working professionals enrol in the programme to climb the career ladder. Notably, it costs between INR 2 lakhs and INR 40 lakhs to pursue a two-year full-time MBA programme in top colleges in India. Explore now!