Masters of Business Administration or MBA is a post-graduate degree in management that is acceptable worldwide. MBA can be done in various area of business including finance, accounting, human resource and marketing. It is also an interdisciplinary drawing from the fields of sociology, psychology, economics, finance and accounting.
The question is how will an MBA benefit your career?
MBA and Increased Opportunities – MBA studies offer greater business networking opportunities to the students. Many universities provide students with the chances to interact with professionals or alumni that have on-field experience. In addition, those who are doing MBA online courses within their company, it is likely that they meet with other employers through internships. So, with access to a wider business network, students are able to expand their current career and land their dream job.
MBA and Better Salary – With an MBA degree, higher salary packages also go hand in hand. The chances of a graduate to find a top level management job are much higher.
MBA and New skills – By doing an MBA degree, graduate students can add new skills and knowledge to their current qualification and career. This program offers them the opportunity to challenge and push them constantly in order to continuously improve. Furthermore, they can hone their problem-solving skills greatly as they get a better overview of the business world. This helps them understand changes that occur in the business environment deeper.
Since this program offers many benefits in one’s professional life, many students enroll them for the course. For this, the fees of doing an MBA is quite high as compared to other PG courses. However, there are many universities and institutes that offer online MBA courses these days on comparatively less fee structure. In addition, getting MBA study material online is also easier these days, saving both money and time.
Career Options after MBA
With more graduates entering MBA programs, it becomes important for current MBAs and alumni to select the right career path. With MBA, you can get job in various industries as a
- IT Manager
- Financial Manager
- Human Resource Manager
- Financial Advisor
- Management Analyst
So will I benefit?
Undoubtedly, Yes! This is because studying MBA has come under hype lately.
- It’s true that doing MBA gives you a chance to experiment with your approach to problem solving.
- You tend to develop your management and interpersonal skills.
- With the right can-do attitude and right hard-working, an MBA may serve to offer the enhancements in life and career that you are searching for..
Top Exams in India for MBA Admission
With each passing day, the competition in the field of employment is intensifying a bit more. Hence, it is exceedingly important to secure your future by opting for a promising course that can help you bag a prestigious job. MBA or Master of Business Administration is one of the best internationally accepted courses that you can apply for to brighten up your future. It prepares you to face the world of business by inculcating business and management skills within you.
MBA at present is one of the most popular professional degree programs in the entire world. Over 2500 MBA programs are being offered across the globe. The most preferred medium of language is English.
MBA is quite an expensive course, and you need to arrange beforehand your tuition fees if you want to pursue this business degree. Either you can take up some educational loans, or procure some scholarship to fund your MBA studies.
There are certain basic criteria that you need to fulfill in order to get yourself enrolled in an MBA course.
- You need to possess a graduate degree from an approved university.
- The aggregate percentage should be 50% or above.
- You can apply even if you have a provisional certificate.
- You need to clear some of the widely accepted entrance exams.
MBA entrance exams
There are over 50 types of entrance tests that get conducted in India for admission to an MBA. You cannot enroll yourself in any MBA course until and unless you have cleared these entrance exams. Basically, these exams are conducted on three levels – national, state, and institute level. It is essential that you clear these entrance exams with flying colors in order to secure a safe position in a reputed business school.
If your dream is to enroll yourself in a reputed business school to pursue an MBA, you need to be aware of the types of exams, exam pattern, eligibility criteria, and so on. In order to lighten your burden a bit, we have procured the list of top exams in India for MBA admission. Here we go!
National level MBA Entrance exams
| Exam | Details | Schools That Accepts Exam |
|---|---|---|
| CAT or Common Admission Test | This is a national level entrance examination that gets conducted once every year. IIMS organizes this examination. The chief conducting body of CAT is IIM Indore. The total time allotted for examination is 3 hours. Candidates will need to attend three different sections during these three hours’ time. CAT is considered to be one of the most difficult entrance exams for MBA. Students feel that the time limit is quite low as compared to the questions. There is no official CAT syllabus. Hence, candidates need to prepare for the CAT entrance examination by following previous years’ question papers. In order to appear for the CAT entrance exam, you need to have a Bachelor’s degree with at least 50% aggregate. There will be three sections – verbal ability and reading comprehension, data interpretation and logical reasoning, and quantitative ability. | • FMS, Delhi • MDI Gurgaon • SPJIMR • JBIMS Mumbai • IIT Bombay • IIT Delhi • IMI Delhi • IMT Ghaziabad • XIM Bhubaneshwar |
| XAT or Xavier Aptitude Test | This entrance examination is conducted by Xavier School of Management every year. In the year 2021, XAT will take place in a computerized form. There will be four sections in total, which you need to solve in three hours. It also has a negative marking scheme, as well. If you want to appear in the XAT examination, then you need to have at least 50% aggregate in your Bachelor's degree. The four sections are – verbal and logical ability, decision making, decision making, part II, essay, and general awareness. | • SPJIMR • XIM • Great Lakes • GIM • IRMA • IFMR and many more |
| SNAP | SNAP or Symbiosis National Aptitude Test is conducted by Symbiosis International University. The entrance examination takes place across the country in over 90 cities. Generally, it takes place in the month of December. The forms are available online, and registration charge is Rs 1750 only. SNAP, again, is an online mode of examination. You are required to solve four different sections – English, Quantitative Aptitude and data interpretation, current affairs, and Analytical and Logical skills. The time you will get to solve the questions is just 120minutes. You need to score at least 50% of your Bachelor's Degree. | • SIBM Pune • SCMHRD • SIBM Bangalore • SCIT • SIHS • SICSR • SSSS • SIOM Nashik and many more |
| CMAT | CMAT or Common Management Admission Test is conducted by the National Testing Agency or NTA. It is an online entrance examination. There are altogether 100 questions, which you need to answer. The registration process begins in November. The main examination takes place in the month of January. Again, you need to score 50% in your Bachelor's degree to appear for CMATR examination. You will get 3 hours to solve questions related to general awareness, logical reasoning, language comprehension, and quantitative techniques. | • PSGIM Coimbatore • IIT ISM • SIMSREE • GIM Goa • IPE and many more |
| GMAT | This is again, a highly popular national level MBA entrance examination. This a computer-adaptive entrance examination. You will get a total of 3 hours and 30 minutes to go through the question paper and solve it. The entrance test is conducted round the year. You can choose any date and time as per your convenience. | • LBSIM • GIM Goa • SPJIMR • IMT • IMI • TAPMI • FORE |
State-level MBA Entrance exams
| Exam | Details | Schools That Accepts Exam |
|---|---|---|
| MAH CET | This state level entrance test, too, is computer-based. The State Common Entrance Test Cell of Maharashtra organizes the test. It is guided by the Centralised Admission Process (CAP). The entrance examination takes place in the month of March every year. With 50% aggregate in your Bachelor’s degree, you can appear in this entrance examination. There are in total of 5 sections in this examination- logical reasoning, verbal skills, quantitative aptitude, verbal ability, and abstract reasoning. You are required to solve all of these in just 150 minutes. | • BIMM • ITM Business school • JBIMS • PUMBA and many more |
| TANCET | TANCET or Tamil Nadu common entrance test is conducted by Anna University once every year. It is conducted in the English language. It is a state-level entrance examination that takes place offline. You need to register yourself online by paying a fee of Rs 600. The exam generally takes place in February or March. There are in total of five sections – quantitative ability, logical reasoning, analytical reasoning, verbal activity or basic science and computer awareness, which you need to solve in two hours. Negative marking also takes place; therefore, it is better to be careful. | • Kumaraguru College of technology • PSG College of technology • SRM Institute of Science and Technology • Sarda Vallabhbhai Patel international school of textile management and many more |
| TS ICET | Telangana State Integrated Common Entrance Test is another state-level MBA entrance examination. Around 50,000 candidates participate in this entrance exam every year. The Kakatiya university of Warangal conducts this examination every year. The exam takes place online. You will get 150 minutes to solve 200 questions. These questions will be in MCQ format. The exam takes place in English, Urdu and Telugu language. If you want to register for this exam, you need to pay a fee of Rs 650. | • Dept. of Business Management, Hyderabad • Department of Management Studies MGU • Dept of Busines and Commerce, Kakatiya University • Vaagdevi college of engineering • Chaitanya Group of Institution • JNTUH School of management studies, and many more |
| KMAT | The KPGCCA organizes this entrance examination. It takes place across ten cities across India. Not just Karnataka, but candidates from all across India can participate in the examination. The eligibility criteria of the KMAT or Karnataka Management Aptitude Test, entrance examination, follow the guidelines of UGC. One needs to be at least 21 years old to appear in the KMAT exam. The minimum aggregate score in your Bachelor's degree needs to be 50%. The entrance test happens twice a year. It is an offline exam, where you get two hours to solve 120 MCQs. There is room for negative marking as well. For registration, you need to pay Rs 1000. | • IFIM Bangalore • Indus Business Academy • Kristu Jayanti School of Management • MP Birla Institute of Management and many more |
| HPU MAT | This entrance exam is conducted by Himachal Pradesh University Business School. It is an offline entrance examination that includes about 200 objective type questions. A total of two hours are allocated for solving the questions. The language for the examination is English. The maximum age limit for appearing in this examination is 26 years. The registration charge for the entrance exam is Rs 1000. | • Himachal Pradesh University Business School • Alakh Prakash Goyal Shimla University • Indus International University • Bells Institute of Management and technology and many more |
Institute level MBA Entrance Exams
| Exam | Details | Schools That Accepts Exam |
|---|---|---|
| IBSAT | IBS Aptitude Test is conducted by the ICFAI Foundation for Higher Education. It is a computer-based examination with a time limit of two hours. It takes place in the month of December every year. You need to have 50% aggregate score ion your Bachelor's degree. You can also apply through GMAT, CAT, etc. in order to secure direct admission. There are four sections in the question paper – Quantitative ability, Verbal ability, reading comprehension, data adequacy, and data interpretation. You have to solve 140 MCQ based questions in just 120 minutes. The language of the question paper is English. | • IBS Hyderabad • IBS Dehradun • IBS Jaipur • IBS Gurgaon • IBS Kolkata and four other ICFAI business schools |
| MICAT | This entrance examination takes place in two different phases. The MICAT 1 is conducted in December, while phase II is conducted in the month of February. You need to get yourself registered separately for both the entrance examinations. It takes place across 48 different cities in India. There will be around 94 to 105 questions in the paper that covers three different sections. You need to solve the entire paper in 2.5 hours. | • MICA Ahmedabad |
| IIFT | IIFT entrance test is conducted by NTA or National Testing Agency. The exam takes place in the month of December. You will have two hours to complete the exam. There are four sections comprising of 110 questions. The exam fee for this entrance test is quite high. It costs as high as Rs 2000. You can appear for the exam only when you have got a minimum 50% aggregate in your Bachelor's degree. | • IIFT Delhi • Community Institute of Management • Indian Academy School of Management, and so on. |
| TISSNET | TISS national entrance test is conducted by the Tata Institute of Social Sciences. It is an online examination and checks your English proficiency, Mathematical skills, general awareness, and logical reasoning. The exam takes place in January every year. The time limit of the entrance test is just 100 minutes. You have to solve 100 questions within this time. The exam fee Rs 1030. You need to have 50% aggregate to be able to participate in the entrance test. But there is no maximum or minimum age limit. | • TISS Mumbai • TISS Chennai • TISS Guwahati • TISS Hyderabad •TISS Tuljhapur |
Hope you find this information quite useful. But one thing that you need to keep in mind is that the information that we have provided here purely depends on the criteria of the colleges as mentioned in different sources. These details are subject to change anytime without prior intimation. Therefore, always double check all the details before taking the final step. Now that you know about the top MBA colleges of India pull up your socks and get ready to dive into the world of business and management
