Master of Business Administration (MBA) Business Management Admission Process, Entrance Exams, Top College, Syllabus, Jobs, Scope

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Sounak Banerjee

Content Curator | Updated on - Oct 7, 2021

What is MBA Business Management?

What is MBA Business Management? 

MBA Business Management or Master of Business Administration in Business Management is a 2 year course. It is a post graduate level course.

The eligibility criteria for MBA Business Management is to qualify bachelor's degree with minimum 50% marks from a recognized college.

To get admission in MBA Business Management, students must have to clear entrance exams taken by respective colleges and universities. See Also: MBA Admission Process

See Also: Top MBA Colleges in India

Some of the top colleges according to NIRF Management Rankings providing MBA Business Management are mentioned below:

MBA Business Management Highlights

NIRF Management Rankings 2020 College name Admission process Average annual fees Average annual salary
31 Xavier Institute of management Entrance exam INR 1,080,000 INR 14.31 lakhs
44 Xavier University Entrance exam INR 8.6 lakhs INR 15.05 lakhs
49 Lovely Professional University Entrance exam INR 94,300 INR 3 lakhs
51 Chandigarh University Entrance exam INR 1.8 lakhs INR 5.96 lakhs

Business management course comprises the interdisciplinary study of business administration, marketing, accounting, economics, finance, and information systems.

This course provides you the academic knowledge and skills to grab global career opportunities. It will help you to understand broadly about the businesses.

The Average fee for MBA Business Management is INR 1 lakh to INR 6 lakhs. It varies on the course offered by college and university. Also, it depends on the geographical location and size of the campus. Check Out: MBA Jobs

The Job profiles after the course are Financial advisor, marketing manager, Management analyst, HR manager, Finance manager, investment banker, business consultant, etc.

Related Courses: Top Management Courses

The Average salary package per annum is INR 2 lakhs to INR 20 lakhs. It depends on the experience and skills.

The top recruiting organisations are Infosys, TCS, Wipro, Accenture, etc.

Check Out: All about MBA

MBA Business Management Highlights

Course highlights of Master of business administration in business management. This will help you to overview the short description about the course, course type, duration of course, colleges, average fees, average salary package, job profiles.

Course type Post graduate
Duration 2 years
Examination Type Semester wise
Eligibility Graduation with minimum 50% marks
Admission process Entrance exam
Course Fee INR 1 lakhs - INR 6 lakhs
Average Salary INR 2 lakhs – INR 20 lakhs
Top Recruiting companies Infosys, TCS, Wipro, Accenture, etc.
Job Position Financial advisor, marketing manager, Management analyst, HR manager, Finance manager, investment banker, business consultant, etc.
MBA Business Management Eligibility

MBA Business Management Eligibility

The eligibility criteria for the Students who are willing to MBA Business Management, has to fulfil the requirement. MBA Business Management eligibility is mentioned below:

  • Students must have to qualify bachelor's degree with minimum 50% marks from a recognized college.
  • Students should not have any receptacle in any subject.
  • Commerce is the preferable stream for the course.
  • Moderation to the reserved category (SC/ ST/ OBC) students to score 45% marks.

Also See: 

MBA Business Management Admission Process

MBA Business Management Admission Process

To get admission in MBA Business Management, students must have to clear entrance exams taken by respective colleges and universities. The procedure for the admission is:

  • The registration form will be released on the official websites of the respective colleges or universities.
  • Students have to submit the registration fee on the online portal before the last date.
  • The admit card will be released by the colleges and universities.
  • The exam date will be released by the colleges and universities.
  • The result will be announced after the exam. Some colleges conduct counseling for the final selection.
  • Documentation Date will be given by the colleges for final selection of the students in the course. The documents required are class x and xii mark sheet, original graduation degree, passport size photographs, cast/ category certificate (if any).

Check Out: Top MBA Colleges in Kolkata

MBA Business Management Entrance Exams

MBA Business Management Entrance Exams

The entrance exam conducted by colleges and universities for MBA programs are mentioned below. MBA for all types of specialisations have to sit for these all India Entrance Exams. Some are conducted by colleges that admit their own students.

  • MAT (Management Aptitude Test)

Full Form Exam Level Exam Mode Duration
Management Aptitude Test National CBT/ IBT 2.5 hours
  • CAT (Common Admission Test)

Full Form Exam Level Exam Mode Duration
Common Admission Test National Computer Based Test 180 minutes
  • XAT (Xavier Aptitude Test)

Full Form Exam Level Exam Mode Duration
Xavier Aptitude Test National Online 180 minutes
  • SNAP (Symbiosis National Aptitude Test)

Full Form Exam Level Exam Mode Duration
Symbiosis National Aptitude Test  National Online 180 minutes

Details about some of the entrances that are mandatory for admission in MBA Business Administration. The important dates of the Exams are also mentioned below:

Entrance Exam Conducted by Application Form Exam Date Result Date
MAT AIMA Last date 23 August 2020 August 27 2020 September 15 2020
CAT IIM August 5 2020 November 29 2020 5 January 2021
XAT XLRI 23 August 2020 January 3 2021 January 31 2021

How to crack Entrance exam?

Some of the tips that students should follow in order to MBA Business Management Entrance Exam are mentioned below:

  • Students must be aware of the subject in which they have interest. Interest area is the only key to success.
  • You should have confidence on the subject you have chosen in 10+2.
  • Score minimum 50% in bachelor's degree from a recognized college.
  • students must be aware with the details of entrance exam, syllabus, duration, conducted by whom, exam level, exam mode. These are the basic knowledge of the entrance exam for MBA Business Management.
  • Find a top institute for your preparation for the entrance exam. Choose top institutes on some parameters like fee of the institute, faculty, geographical location, number of students, transportation facility.
  • Students must attend an online test conducted by the institute on weekends to check their preparation.
  • You should strengthen your general knowledge and improve vocabulary because they are difficult subjects for students.
  • Learn new short tricks for quantitative aptitude and reasoning MBA Business Management Entrance Exam.
  • Time management skills are the main key to complete your exam on time. you must be aware of sections and the number of questions.
  • Students should develop reading habits by newspaper, magazine, biography as a source.

How to get admission in a good college?

Some of the things students must do in order to get admission in a good MBA Business Management college are: 

  • Students should score good marks to get admission in a good college.
  • Students should make a list of top colleges to know about them. Some parameters are about the college, eligibility, admission process, entrance exam name conducted by them, location, fee structure, top recruiting companies, courses offered by them.
  • Fill all the exam registration forms with payments before the last date to avoid any discrepancy.
  • Be prepared for the MBA Business Management entrance exam conducted by the colleges and universities.
  • Take classes for the preparation of exams and interviews.
  • Take counseling before choosing the course and college.
  • Score good marks in bachelor's courses.
MBA Business Management Syllabus

MBA Business Management Syllabus

Syllabus for MBA in business management. The duration of the course is 2 years. It is given semester wise. Each year consists of 2 semesters. See Also: MBA Syllabus

Semester 1 Semester 2
Management Organizational Marketing Management
Managerial Economics Financial Management
Quantitative methods Operations Management
IT Managers Management Of Technology
Accounting For Management E- Business
IT for manager's lab Business Research
Business environment Human Resources Management
Business communications Managerial Skills Development
Semester 3 Semester 4
Management Of International Business Strategic Management
Summer Training Project Project Report
Entrepreneurship Business development Business Intelligence and applications
Information Systems Management -

Every students must read these top books with their authors while pursuing MBA in business management are:

Books Authors
The age of unreason Charles handy
Build to last: successful habits of visionary companies Jim Collins and Jerry Poras
Competing for the future Gary Hamel
Competitive strategy : techniques for analyzing industries and competitors Michael E. porter
Emotional intelligence Daniel Goleman
The Essential Drucker Peter Drucker
The Goal Eliyahu Goldratt
Guerilla Marketing Jay Conrad Levinson
The Innovator's dilemma Clayton christensen
Leading change John P. Porter
On becoming a leader Warren Bennis
Out of the Crisis Edward Deming
Toyota Production System Taiichi Ohno
Who moved my cheese? Spencer Johnson
The one minute manager Spencer Johnson
MBA Business Management Top Colleges

MBA Business Management Top Colleges

Top colleges for MBA Business Management, location, average fees and average salary on offer are mentioned below.

College name City Average fees Average salary
Xavier Institute of management Bhubaneswar INR 10,80,000 INR 14,30,000
University Of Hyderabad Hyderabad INR 83,580 INR 3,50,000
Lovely Professional University Jalandhar INR 2,50,000 INR 5,75,000
NIMS University Jaipur INR 60,000 INR 4,79,000
JSS Academy of higher education and research Mysore INR 1,79,000  INR 5,50,000
Prestige Institute of Management and research Indore INR 1,20,000 INR 4,50,000
Chandigarh University Chandigarh INR 1,80,000 INR 5,96,000
Guru kashi University Bathinda INR 62,580 INR 4,65,000
Amity Global Business School Noida INR 3,90,000 INR 6,80,000
Nalsar University of law Hyderabad INR 3,43,000 INR 4,66,000
MBA Business Manaement?

MBA Business Administration College Comparison

College Comparison of Master of business administration (business management). Students must compare their college on some parameters like about the college, city, ranking agency, eligibility, admission process, average fees, top recruiting companies, etc. Here is the comparison of Xavier Institute of management and Prestige Institute of Management and research.

Parameters Xavier Institute of management Prestige Institute of Management and research
About college Xavier institute of management is known as XIMB. It is ranked 10th among top 100 colleges. More than 140 companies visited this college. It offers post graduate and doctoral level programs like business management, executive business management and business analytics. Prestige institute of management and research, (PIMR) is a well established college of Madhya Pradesh. The institute is known as Best Upcoming Law College in Central India 2018 by CEGR. The college is popular for its MBA program (both full-time and part-time) 
City Bhubaneshwar Indore
Ranking  20 126
Eligibility Bachelor's degree with minimum 50% marks Bachelor's degree with minimum 50% marks
Admission process Entrance exam entrance exam
Average fees INR 1,080,000 INR 1.2 lakhs
Top recruiting organizations SBI, ITC, ONGC, Microsoft, HCL, RBI, ICICI Bank, etc. Amazon, Idea cellular, ITC, HDFC Bank, etc.
Average salary INR 14.31 lakhs INR 4.5 lakhs
Why Study MBA Business Management?

Why Study MBA Business Management?

If students choose the business management degree, then you will be able to shape the directions for your career plan. They are presented with a variety of jobs in management, consultancy, human resources, finance and retail and sales. 

MBA Business Management will introduce the business world and provide industry insights such as market trends and industry reports which can be invaluable and will encourage you to apply academic theory to real life businesses.

Students must have to develop some management skills for the course. You will build a skill set to respond to challenges and current developments in business. 

Project Management Leadership
Reporting Presenting
Organization Problem Solving
Communication Strategic Thinking

The reasons to be a part of this course:

  • MBA graduates are employed within the private or public sector. Their salary potential is high.
  • By enrolling in an MBA program, you can acquire the requisite knowledge and practices needed to potentially develop and operate your own businesses.
  • There is usually the option to attend classes in the evenings and even occasionally on weekends to fit your studies in with the rest of your life.
MBA Business Management VS MBA Finance and Marketing

MBA Business Management Course Comparison

Course comparison plays an important role in career. Every student must compare courses before enrolling into it. Compare courses on some parameters like about course, duration, average fees, location, average salary package, top colleges, top recruiting companies, etc. Here is the course comparison of MBA business management and MBA Finance and marketing.

Parameters MBA Business Management MBA Finance and Marketing
Description This Course aims to build a students a solid grounding in management disciplines as well as strong analytical skills to compete globally. This course will help students to learn and increase knowledge of organizational behaviour, psychology into tackling real world business problems. This course offers students a platform to build their understanding and get an advanced view in finance and marketing. This programs includes advertising and public relations for marketing, budgeting, auditing for finance.
Duration 2 years 2 years
Eligibility Graduation with minimum 50% marks. Qualifying bachelor's degree with at least 50% marks from a recognized college.
Admission process Entrance exam Merit based / entrance exam
Top colleges Amity University, Doon Business School, IIKM Business School, etc. Jawaharlal Nehru of Technological University, Samarth Institute of Management, D Y Patil School of management etc.
Job roles Financial advisor, marketing manager, Management analyst, HR manager, Finance manager, investment banker, business consultant, etc. finance analyst, marketing executive, etc.
Average fees INR 1 lakhs – INR 6 lakhs INR 12,000 – INR 7 lakhs
Average salary INR 3 lakhs – INR 13 lakhs INR 7 lakhs – 27 lakhs
Top recruiting organization Infosys, TCS, Wipro, Accenture, etc. HCL, Accenture, Biocon, Royal Bank of scotland, Siemens, etc.
MBA Business Management Scope

MBA Business Management Scope

Future study options after MBA in business management are

  • Chartered financial analyst
  • Financial Risk Manager
  • Certification in Risk management Assurance
  • project management professional
  • MBA in international business
  • certified in production and inventory management

MBA Business Management opens a door for a lot of opportunities. The job profiles are:

Relationship Manager Director
Marketing Executive Executive
Business Analyst Marketing Specialist
Area Sales Manager Management Analyst
Financial Advisor HR Manager
MBA Business Management Jobs

MBA Business Management Jobs

Career options in MBA in business management are wide. There are better opportunities.

Here is the description of job profiles with their roles and average salary package per annum after MBA in business management.

Job profiles Role Average annual salary
Financial advisor The role of financial advisor is to give specialist advice to clients on managing money. The role includes researching the marketplace and suggesting the most appropriate product and services, meeting their needs and securing the sales. INR 3.74 lakhs
Marketing Manager The role of marketing manager is to manage promotion and positioning of products or services that a company sells. INR 5.09 lakhs
Management Analyst The role of Management analyst is to conduct and prepare operations and procedures manual to assist management of a company. INR 4.10 lakhs
HR Manager The role of HR manager is to plan, direct and coordinate the administrative functions of a company. They fulfill the man labour requirements, consult about the strategic planning. INR 4.40 lakhs
Finance manager The role of Finance manager is to plan the budget, support the executive management team and financial advice to make best decisions for the organizations. INR 7.66 lakhs
MBA Business Management Jobs and Salary?
MBA Business Management: FAQs

MBA Business Management: FAQs

Ques: What is MBA (business management)?

Ans: MBA (business management) stands for Master of business management in business management which is a 2 year course for postgraduate students. minimum 50%marks in commerce as a main stream is the eligibility criteria.

Ques: What courses can be done before MBA?

Ans: The courses can be done before MBA are:

  • accounting
  • finance
  • finance modeling

Ques: What are the top recruiting areas for MBA in business management?

Ans: The top recruiting areas for MBA in business management are Retail and Merchant Banking, Corporate Finance, Business Consulting, etc.

Ques: list the entrance exams for MBA (business management).

Ans: The list of entrance exam for MBA (business management) are:

  • MAT (Management Aptitude Test)
  • CAT (Common Admission Test)
  • CMAT (Common Management Admission Test)
  • XAT (Xavier Aptitude Test)
  • GMAT (Graduate Management Aptitude Test –Abroad)
  • SNAP (Symbiosis National Aptitude Test)

Ques: What can you do with an MBA in business?

Ans: You can do these with an MBA in business:

  • Healthcare Administrator
  • Information Systems Manager
  • Operations Research Analyst
  • Business Operations Manager
  • Management Analyst
  • Market Research Analyst
  • Accountant
  • Financial Analyst

Master of Business Administration [MBA] (Business Management) : 16 answered questions

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Ques. How tough is it to get a seat into PGDBA, the course offered in collaboration with IIT Kharagpur, ISI Kolkata and IIM Calcutta?

● Top Answer By Sandhya R on 07 Oct 21

Ans. My brother prepared for the Written Examination only in a week and scored close to 110 out of 150.  Since my brother had a background in Semi-automated Trading, the interviewers were convinced about his love of Finance and Maths. He got waitlisted in 5 of the General Category lists and declined admission after the results. If you are good at JEE Maths and have contributed to the field, it is important to show your passion to the interviewers. Read more
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Ques. How is the interview of XIMB BM?

● Top Answer By Admin on 23 Jun 21

Ans. One of my close friends attended the interview of XIMB BM and according to her experience, it doesn’t matter whether you have an XIMB or an IIM interview. Just prepare the basics properly. The entire focus should be on how to articulate the sentences and how true you are in justifying them. You will not get rejected for what you don’t know rather you get rejected when you are not true to yourself and fail to justify your answers. The questions you might be asked given your background. You must have some knowledge on topics like government policies, sector management, and challenges in implementing the programs. For example, why rural management at Dhoker Jhara village in Jharkhand is poor, what are the reasons, and what can help in bringing substantial changes. Questions about your passion and goal/job orientation are asked. Try not to give mainstream answers. Perform well!Read more
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Ques. Why does everyone talk about XLRI HR and not BM? Is BM bad at XLRI?

● Top Answer By Sandip Pal on 17 Jun 21

Ans. It is not a question about whether or not BM is bad, and HR is good. XLRI is more known for HR because it has stuck with the brand. The brand XLRI primarily had an established legacy in Industrial Relations (IR). Which later converted into HR. XLRI established its reputation as an IR concentrated institution following the Independence of the country. BM, on the other hand, was inaugurated only afterward alongside older IIMs. This has somehow resulted in leading to the XLRI brand getting generally and mostly associated with HR, and not BM. It’s rare to find any industry or top-tier companies in the country where the top HR personnel is not from XLRI. Now when talking about BM at XLRI, there is definitely a strong and successful alumni base from BM in the industrial sector. In fact, for further recruitments, alumni of XLRI get placed in McK, BCG, and several more from the BM sector.Read more
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Ques. Which will give me the exposure and on-site working experience: XLRI, HRM, or BM?

● Top Answer By Kiran Chugh on 09 Jun 21

Ans. One of my friends is studying at XLRI. To her, there is no difference or classification of the amount of international exposure or on-site opportunities, based on specializations. The points below provide a clear picture of the modes of international exposure that students of XLRI receive during their course and afterward. There is a student exchange program in XLRI, which provides foreign learning opportunities to students. The institute has tie-ups with several international business schools like ESADE, Audencia, Darden, and EM Lyon. Almost 20% of students from the batch get the opportunity to spend a semester in one of the foreign institutes. Among them, most of the seats are available to HR and BM students. Students get the benefit of interacting with international students and get used to the global perspective of MBA. In terms of internships and placements, the working experience of candidates totally depends upon the job role offered by the company. In certain cases, companies send their summer interns abroad to their offices. There are HR interns from HUL, who worked in the United Kingdom during their internship period. Therefore, specialization is not the mode of distinguishing chances for on-site opportunities, and the factor is entirely based on the company’s business requirements.Read more
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Ques. How good is the XIMB-BM for a fresher?

● Top Answer By Aarushi Kalra on 21 May 21

Ans. There lies no doubt that XIMB is one of the top 20 Business Schools in India with the number of freshers constituting around 30% of the batch.  The placements at XIMB are good as well with an average package of around 15.42 LPA. As a fresher, you can always expect to be close to the average, and only in some special cases, your packages can go more than that if you turn out to be better among your peers.  Being fresher will not put you at a disadvantage as some companies specifically look for freshers such as Titan, Amul, etc. You can go ahead and join. Although many of my seniors suggested that a 2-year work exp before MBA would be better to correlate what you study in MBA.Read more
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Master of Business Administration [MBA] (Business Management) Fee Structure in India


10.50 K (Minimum Fee)PUBLIC COLLEGES6.68 L  (Maximum Fee)
1.95 L (Average Fee)
83.85 K (Minimum Fee)Private COLLEGES20.30 L (Maximum Fee)
10.73 L (Average Fee)

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Xavier Institute of Management - [XIMB] (5)
Bansal Institute of Science and Technology - [BIST] (1)
Course Curriculum (4)
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Gender Ratio (3)
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Internship (3)
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6 Reviews found out of 177290


S
6.0 /10

Faculty :

College faculty also stays inside the campus and are easily accessible, they always one email away. XIMB has completely transformed as an individual and has made me a better professional. On an average there are 20 lectures of 1. 5 hours each. Faculties have minimum qualification of PHD.

Placement Experience :

Placement reports are available on the website of our college. They are audited my crisil. Average package last year was around 15 lakhs per annum. Several banks, consultancy companies, Fintech companies, come to campus for recruitment as well as offer internship opportunity.

Fee Structure And Facilities :

Yes the college is transparent in terms of fees structure although the fees is on the expensive side but MBA is a once in a lifetime investment on yourself and loan is also easily accessible since XIMB is a tier 2 college hence banks don't hesitate in giving loans.

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HB
7.7 /10

Alumni/Alumna :

The alumni network is really amazing and the way it's been managed by the students is really efficient. With an alumni network & database of 7500 plus people of whom majority are at very senior positions at various companies in different countries. Keeping them connected with their Alma matter is a difficult task but the management gives it a lot of importance. Alumni meets are held in different cities for networking purposes & every year one batch is called back to the college for a grand celebration. So, the connection seems to be a long lasting one. The seniors were also good & you get to interact with them a lot through different committees when you work together. They help in placement processes & guide the juniors on various subjects & exams.

Placement Experience :

Yes, we have a summer internship at the end of the first year. The placements are well upto the mark & as desired. The average package ranges from 11 lakhs to 15 lakhs in a batch of 360 students. Some companies which are regular recruiters are Godrej, Loreal, PWC, Deloitte, KPMG, Hero, Maruti Suzuki etc. My summer internship was at Star Media Group with a stipend of ?30,000 per month in Mumbai & all expenses were borne by the company. The internship was in digital marketing wherein I got an end to end exposure of handling digital marketing for HDFC Ergo & got to learn the various tools used in that. Overall, it was a great learning experience for me in an area which is currently the most important field for all brands.

Course Curriculum Overview :

The course curriculum was good. First year, we had 3 trimesters in which all subjects were mandatory for the students. Second year, we had to choose our electives based on the respective specialization perused. I opted for a Marketing specialization and selected the courses based on it. The course covers all aspects of Management like Finance, Operations, IT etc and I got a very good opportunity to get a deep knowledge of various subjects of these domains. During, second year as desired I drilled on almost everything related to marketing. Overall, it was a good experience. The improvements which I would suggest is more technology related curriculum & they should be used in teaching also.

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SM
8.3 /10

Placement Experience :

Here we were given proper training and interview sessions. Like many companies were invited by the college for recruitment purposes. In my final year companies like HCL, Cognizant, as well as Accenture, visited the campus for the hiring procedure.

Fee Structure And Facilities :

For the commencement of the MBA program, I paid around RS 950,000/- during my 2nd year, Like I invested Rs 108,0,000/-. The total amount I paid was Rs 2,030,000/-. The cost was less as the education quality was good and excellent.

Remarks :

My overall journey in this college was over the top the best. I enjoyed and experienced a lot of new learning related to my management course. In addition to this, I was also happy that I opted for this college to pursue an MBA .

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AD
8.3 /10

Campus Life :

Here we had properly ventilated classrooms. Along with this, we also had a good library with managerial books, research papers as well as better novels which helped me to cover college time easily. As well the classrooms also had good working projectors and overhead projectors for the presentation purpose.

Alumni/Alumna :

My alumni cell functioned properly, and I was happy that this place actually gave us a lot of new things to learn and well to get updated by the college authority. Like I received many news updates regarding events, workshops as well as seminars.

Faculty :

My professors were nice and supportive. They were always there for me during each and every time we were in need. Along with this, almost all of them were well educated with good knowledge and most of them were Ph.D. and MBA themselves.

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