What is MBA?

Master of Business Administration is a post graduate degree which enables graduates to make career in management and advance high in leadership roles in organization, the major focus in the MBA courses is developing skills, knowledge that will enable students to take up positions of higher responsibility (varies from sales, Marketing, brand management, supply chain etc.) in the corporate world.

Companies hire MBA's to tap the full potential of their organization's capabilities, in present scenario many business positions require an MBA degree, for example, at major consumer products companies like Procter & Gamble, Kraft and Colgate-Palmolive, hire MBAs as "assistant brand managers" into the brand management department -- those without MBAs are generally not eligible for the department, to be in the senior executives MBA degree is excepted in major cases.

Why MBA?

Many organizations's are with a view that MBA is the degree which can help them achieve optimal profitability and business growth. Degree in MBA is often accompanied by an increase in pay and prestige, along with a better career in management. Many people find that career in Management is well worth the effort, specifically citing more career opportunities, better networking, and increased skills. An MBA Career can have a positive effect on your career.

MBA programs provides training in basic business principle needed by any business manager including corporate finance, economics, strategic planning, systems, resource management, marketing, basic accounting, etc.

Scope of MBA

MBA graduates are required in almost every industry and offers are the vast line of career opportunity in departments like sales, marketing, human resource management, supply chain, International business etc., here are some major sectors which acquire MBAs on a regular basis

• Services and product sector
• Financial sector
• Industrial sector
• NGO Management sector
• Sales force/marketing management sector
• Telecom sector
• Global management sector
• Hospitality & Tourism sector
• Education management sector

Specialization

• General Management
• MBA in Finance
• MBA in finance
• MBA in human resources
• MBA in Information Technology
• MBA in Telecommunications
• MBA in Health
• MBA in Media
• MBA in Services

Eligibility

You need to have a bachelor's degree (3-year course) or equivalent in any discipline recognised by any Indian University / AICTE as eligible for post-graduate studies; you can apply while you are in your final year of graduation. If you do get through the admission test, you will be given provisional admission on the condition that you provide your mark sheet and a certificate of passing by a certain specified date.

Exams

There are two kinds of entrance tests:

General test like CAT, MAT etc

Institute Specific Test like FMS, XLRI etc