MBA (Master of Business Administration) Strategic Management Course Syllabus, Colleges, Jobs, Salary 2020-21

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Sakshi Gupta

Content Curator | Updated on - Sep 14, 2021

Master of Business Administration or MBA Strategic Management is a 2-year long postgraduate course which has been designed to ensure that the students’ know how to make management decisions which will improve a company's performance. Under this programme, the students would be taught the skill of business analysis and strategy skills. 

Check the full list of top MBA Strategic Management Colleges in India. 

Students who have completed their Bachelor’s degree from a recognised university are eligible for this course. The students can complete their graduation in any stream. Many colleges also ask for a minimum of 50% marks in graduation. Premier colleges might ask for 60%.

Key Highlights of MBA Strategic Management

  • Full-Form: Masters of Business Administration in Strategic Management
  • Duration: 2 years
  • Eligibility: Bachelor's degree in any field with a minimum of 50% aggregate.
  • Admission Process: Based on the entrance exam
  • Entrance exams: CAT, GMAT, CMAT, etc
  • Top Colleges: IIT Kanpur, LPU, NIRMA University, NMIMS Mumbai.
  • Average course fees: INR 92,000 - INR 15,00,000
  • Job Options: Business Analyst, Research Investigator, Project Analyst, Compliance Officer, Product Strategist, Strategic Initiatives Associate, Business Development Coordinator, Consumer Insight Analyst, etc.
  • Average Starting Salary Package: INR 5,00,000 - INR 10,00,000. 
  • Area of Employment: Corporate Houses, MNC's, Startups, Business Houses, etc. 
  • Higher Study Options: CFA, FRM, CRMA, etc. 


The admission to this course is usually on the basis of entrance exams. Few colleges would conduct a round of personal interview or exam. The cutoff required for admission would vary from college to college.

ALERT: Due to COVID-19, GMAT exams have been suspended in various locations. Check the latest updates on GMAT here.


MBA Strategic Management is a specific specialization course that is available in only a few colleges in India. The average annual fees would be between INR 92,000 to 15,00,000, depending on the institute. 

The table below gives the top colleges for MBA Strategic Management in India. 

NIRF Ranking 2020 College Name Location Admission Process  Average Annual Fees Average Annual Salary
16 IIT Kanpur  Kanpur Entrance Based  INR 92,617 INR 8,80,000
31 Xavier Institute of Management (XIMB) Bangalore  Entrance Based  INR 7,70,000 INR 14,00,000
44 Institute of Management, NIRMA University  Ahmedabad  Entrance Based  INR 4,47,600 INR 9,00,000
49 Lovely Professional University   Jalandhar  Entrance Based  INR 2,32,000 INR 19,75,000
53 IFMR University  Chennai Entrance Based  INR 8,80,000 INR 8,20,000

The aim of the course is to develop expertise in a particular aspect of the business. In short, it ensures that students have mastered business theory about what factors influence a company's success or failure in order to be able to make strategic decisions.

The course is designed in a manner to equip students with the knowledge in commerce as well as in the field of computer programming and computer systems.

A student who has completed an MBA Strategic Management has career opportunities in a variety of fields. Students can work as Financial Analyst, Business Analyst, Research Investigator, Project Analyst, Compliance Officer, Product Strategist, etc. 

The highest annual salary of around INR 18,00,000 can be expected after completing this course, while an average annual salary around INR 4,00,000-INR 10,00,000 is given.

Further study options post completion of the course include CFA, FRM, CRMA, etc. The students can also go on to earn an MPhil or PhD degree in Management. 

MBA Strategic Management Admission Process

MBA Strategic Management Admission Process

The universities follow the system of entrance based admissions, where few colleges might have a round of personal interview also. Admission process with respect to admission through exams varies from college to college. 

  • Most of the colleges have an online application system when once the link is opened you can apply through the prescribed link.
  • In the case of colleges which have an entrance exam or interview, the result would be based on your performance in graduation and in the entrance.
  • In cases of colleges which give admission based on your CAT, MAT scores, then it would be based on how well you have performed in the common entrance exams.

Steps to follow for applying for MBA Strategic Management :

  • Step 1: Go to the website of the college that you are interested in.
  • Step 2: Check if they have their own exam and if you are eligible for the same.
  • Step 3: Check if they take students based on the marks of any of the common exams like CAT, MAT, etc.
  • Step 4: Create an id or fill in a form as prescribed. Fill the details and pay the prescribed fees. Also, submit the required documents if needed.
  • Step 5: Finally, keep checking the college website for recent updates and notifications with regards to the same.

Check the admission process of IIT Kanpur in detail. 

MBA Strategic Management Eligibility

  • Students must complete their Bachelor’s of any discipline from any recognised university. 
  • Students must have a minimum 50% aggregate marks in their graduation.
  • Students must qualify in the required entrance examination to be eligible for the course. 

MBA Strategic Management Entrance Exams

Most of the colleges in India take admission based on the marks received in CAT or other common MBA exams, or on the basis of exams conducted by colleges. The question pattern would vary from college to college.

Some of the most popular MBA entrance exams are discussed below. 

  • GMAT: This is an internationally recognised MBA entrance exam that will allow you to study in the top colleges all around the world including India. The test consists of four sections: Analytical Writing Assessment, Integrated Reasoning, Quantitative Reasoning, and Verbal Reasoning.
  • CAT (Common Admission Test): This is the common entrance exam for MBA conducted by the IIM for admission for an MBA to the Indian Institutes of Management all over India. The test consists of three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Ability.
  • Management Aptitude Test (MAT):  The standardised test for admission to Business Schools (B-Schools) for MBA and allied programmes in India.
  • CMAT: Common Management Admission Test is an online computer-based test conducted for admission in all management programmes approved by AICTE.
Entrance Exam  Conducting Body  Entrance Dates Application Date Mode of writing
GMAT GMAC Candidates can choose their own date Throughout the Year Online
CAT IIM Council  Last Week of November 2020 (Tentative) First Week of August, 2020 (tentative)  Online
MAT AIMA August 27 - September 2, 2020  July 14 - August 22, 2020  Online/Offline 
CMAT NTA 4th Week of January, 2021 (Tentative)  1st Week of November, 2020 (tentative)  Online
NMAT GMAC August 1 - October 5, 2020  August 1 - October 18, 2020 Online

*Dates might change due to COVID-19  

How to Prepare for the MBA Strategic Management Entrance Exam? 

Following points should be kept in mind while preparing for the MBA Entrance exams:

  • Study daily for at least 5 hours. Make a timetable and stick to it.
  • Study according to the syllabus provided.
  • Practice and improve on your Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Ability.
  • Solve previous question papers and practise mock test papers. 
  • Ask your friends to conduct mock interviews with you.
  • Revise on your basics of Mathematics, Commerce and Marketing taught in 10+2.
  • Time yourself when attempting mock tests so you can identify your weak areas. 
  • Give more attention to your weak areas while studying.

How to Get Admission in a Good MBA Strategic Management College?

  • Most of the colleges grant admission to the candidates who have scored a minimum 50-60% in their graduation. So, make sure that you score well in graduation. 
  • Try to attempt as many MBA entrance exams as you can. 
  • Most of the top colleges usually have a cutoff of above 95 percentile. So, make sure that you score well in the entrance exams. 
  • Keep a track of all the news updates of the colleges that you want to apply to. In case of doubt, call the management and get updated information.
  • Keep conducting mock interviews for oneself.
  • Talk to alumni from those colleges to get a clear idea of what to do.

Also, read more on CAT 2020 Cutoff

MBA Strategic Management: What is it About?

MBA Strategic Management: What is it About?

  • An MBA Strategic Management equips students with knowledge about the market. It teaches how to tackle the market in such a manner that the business churns out revenue and profit. 
  • The degree will teach the students how to be strategic by using the help of lots of case studies. 
  • The students will be asked to analyse different companies and the company’s strategies. 
  • This course enhances the student’s analytic skill and equips them with skills like Market Research and Data Collection. It also teaches them how to put the data received into good use. 
  • Some of the subjects covered in this course are the Modern Business Organization and Management, Business Policies & Strategic Management, Business Research Methodology, etc. 
  • Students will gain an in-depth understanding of how to be analytic and how to assess the manner in which the customers or clients will react. 

MBA Strategic Management: Course Highlights

The main points with regards to this course have been highlighted like the fees, salary that can expect, job opportunities, etc in the table below:

Course Level Postgraduate 
Full-Form Master of Business Administration in Strategic Management
Duration 2 years
Examination Type Semester wise
Eligibility Bachelors of any discipline from a recognised university with a minimum 50% aggregate. 
Admission process Entrance based
Course fees INR 92,000- INR 15,00,000
Average Starting Salary INR 5,00,000 to INR 10,00,000 
Top Recruiting Companies Tata Consultancy Services, Reliance, Cognizant, Wipro, ICICI Bank, Amazon, Apple, etc
Job position Financial Analyst, Business Analyst, Research Investigator, Project Analyst, Compliance Officer
Why Should You Study MBA Strategic Management?

Why Should You Study MBA Strategic Management?

  • Students who have this degree have an edge over other candidates during job interviews as they are good in strategizing and management. 
  • A candidate who has a degree in this course is assumed to have valuable skills in marketing and strategizing.
  • Having an advanced level of expertise in strategic management is useful as it can be used for one’s own betterment and future career growth. 
  • The salary difference is comparatively high compared to a normal degree or other specializations.
  • The job opportunities are varied and great as you can work as a budget analyst, project management coordinator, process coordinator, business development coordinator, marketing consultant, consumer insight analyst, etc. 
  • You can work in business, marketing, financial services, and also work in both public as well as in private sectors.
  • The salary packages offered are quite high with an average salary of around INR 5,00,000 - 10,00,000 and most of the colleges have good placements drive. 
  • In the future, you could also choose to do various certificate courses which are internationally recognised that would help you to go up on your career ladder.

Strategic Management

MBA Strategic Management  vs MBA Human Resources

MBA Strategic Management  vs MBA Human Resources

MBA HR is a course which is appropriate for candidates who have a foundational business background and want to focus more on human resource management. Whereas, MBA Strategic Management will equip candidates with skills required for a career in business management. The two courses have been compared below. 

Parameters MBA Strategic Management   MBA Human Resources
Full-Form Masters in Business Administration in Strategic Management Masters in Business Administration in Human Resources
Course Overview A postgraduate course which has been designed to ensure that the students’ know how to make management decisions which will improve a company's performance. The programme imparts knowledge and training in managing, paying and recruiting the workforce of the organization. 
Eligibility  Bachelors of any discipline from any recognised university with a minimum 50% aggregate. Bachelors of any discipline from any recognised university with a minimum 50% aggregate.
Admission process Entrance based Entrance based
Average Annual Fees  INR 9,50,000 - INR 15,00,000  INR 1,00,000 - INR 17,00,000
Average Starting Salary INR 5,00,000 - INR 10,00,000  INR 4,00,000 - INR 8,00,000 
Colleges NIRMA University, IFMR university Xavier Labour Relations Institute (XLRI), Indian Institute of Management (IIM)Ranchi, Management Development Institute
Job positions Financial Analyst, Business Analyst, Research Investigator, Project Analyst, Compliance Officer HR Generalist, Staffing Director, Technical Recruiter, Compensation Manager, Employee Relations Manager

Source: College Websites 

Also go through the full list of top MBA HR Colleges in India

MBA Strategic Management Top Colleges

MBA Strategic Management Top Colleges

MBA Strategic Management is a specific specialization course and it is available in only a few colleges in India.  The table below gives the top colleges with respect to this course in India along with the fees structure and expected placement package.

NIRF Ranking 2020 College Name Location Average Annual Fees Average Annual Salary
16 IIT Kanpur Kanpur INR 92,617 INR 8,80,000
31 Xavier Institute of Management (XIMB) Bangalore  INR 7,70,000 INR 14,00,000
44 Institute of Management, NIRMA University Ahmedabad  INR 4,47,600 INR 9,10,000
49 Lovely Professional University  Jalandhar  INR 2,32,000 INR 19,75,000
53 IFMR Krea University Chennai INR 8,80,000 INR 8,20,000
54 Thapar Institute of Engineering and Technology Patiala INR 4,14,860 INR 8,60,000
63 Indian Institute of Technology  Chennai INR 14,000 NA
NA Suresh Gyan Vihar University  Jaipur INR 42,500 INR 3,00,000
NA C K D Institute of Management & Technology Punjab INR 1,65,000 INR 5,50,000
NA Osmania University, Department Of Business Management Hyderabad INR 50,000 INR 3,00,000

Source: College Websites 

College Comparison

Here is a comparison between the best colleges offering MBA Strategic Management in India. In the table below, we have taken three top colleges that offer this course to do a comparative analysis in the lines of the eligibility process, fees, recruitment, etc.

Parameters NIRMA University IFMR Krea University  IIT Kanpur
Overview It is a deemed University located in Ahmedabad. It is one of the top business schools in India and provides various UG and PG level courses across Management, Engineering, Science, Arts and Commerce.  IFMR Graduate School of Business at Krea University is a private business school located in Sri City. It is a specialised Business School mainly focusing on MBA and PGDM courses.  One of the topmost Public Technical and Research Universities in India, IIT Kanpur has been consistently ranked in the management category as well. It mainly focuses on Engineering, Management and Research-Based Science Courses. 
Rank NIRF 2020- 44 NIRF 2020- 53 NIRF 2020- 16
Location Gujarat Andhra Pradesh Kanpur
Eligibility 50% minimum aggregate in qualifying exams 50% minimum aggregate in qualifying exams 55% minimum aggregate in qualifying exams
Admission Process Entrance Based  Entrance Based  Entrance Based 
Average Fees INR 4,47,600 INR 8,80,000 INR 92,317
Average Annual Salary INR 9,10,000 INR 8,20,000 INR 8,80,000
Top Recruiting Companies Amul, Dabur, ITC, Hindustan Unilever,  McEnroe, Mondelez International, Nestle India Limited, Reckitt Benckiser, TTK Prestige, Zydus Wellness ANZ, Bajaj Finserv, Bank of America, Barclays, Crisil, Federal bank, Fincare, GIC Housing Finance, HDFC Bank, ICICI Prudential Life, Societe Generale, IDFC First Bank, JP Morgan Chase, Deloitte USI, Ernst & Young Tiger Analytics, ford, IBM, Indiamart, Just pay, Ecom express, Deloitte, Reckitt Benckiser, HSBC, HDFC bank

Source: College Websites 

MBA Strategic Management Distance Education

MBA Strategic Management Distance Education

MBA Strategic Management is offered in distance mode in very few colleges in India. 

  • The duration of these courses varies from 1 to 4 years, but generally it is of 2 years duration. 
  • The average annual fees for MBA Strategic Management Distance Learning is INR 50,000. 
  • The course will include Study Materials and online lecture series. 
  • The students will have to appear at the term end and course end examinations. 

Two of the most popular colleges providing this course in distance mode have been tabulated below. 

University Name  Location  Duration  Average Annual Fees 
Suresh Gyan Vihar Distance Education  Jaipur  2 Years INR 42,500 
Venkateshwara Open University  Pune 2 Years INR 42,750
MBA Strategic Management Syllabus

MBA Strategic Management Syllabus

This is the syllabus for the MBA students enrolled for this course, there might be few changes depending from college to college.

Semester I Semester II
Modern Business Organization and Management Business Research Methodology
Global Business Environment & Economics Modern Marketing Management
Accounting & Financial Management Information Technology for Business
HR & OB Production Operations & SCM
Business & Corporate Law Business Communication Skills
Semester II Semester IV
Business Policies & Strategic Management Business Ethics & Corporate Governance
Introduction To Strategic Management Global Strategic Management
Environment For Strategic Management Strategic Finance
Strategic HRM Implementation Of Strategies
Strategic Marketing Management Project Work

*Few subjects may vary from college to college.

MBA Strategic Management Important Books

Some of the useful books for MBA Strategic Management students have been listed below. 

Book Author
The Principles of Scientific Management Taylor, F.W.
Strategy for a Networked World Ramirez, R., & Mannervik,
The Social License: How to Keep Your Organization Legitimate J. Morrison
Strategy Without Design: The Silent Efficacy of Indirect Action Chia, R.C.H., & Holt, R
MBA Strategic Management Job Prospects and Career Options

MBA Strategic Management Job Prospects and Career Options

  • Students who have completed MBA Strategic Management will get jobs in both Public and Private sectors. 
  • They can work in a variety of fields ranging from advertising, e-business and management related jobs. 
  • They can work in many reputed companies post completion of the degree. 
  • They can work as Business Analyst, Financial Analyst, Business Analyst, Research Investigator, Project Analyst, Compliance Officer, Product Strategist, Strategic Initiatives Associate, Project Management Coordinator, etc.

Below table lists some of the top job profiles along with their description and salary. 

Job Profile Job Description Average Annual Salary 
Business Analyst To help the company by  guiding businesses in improving processes, products, services and software through data analysis INR 6,50,000 
Business Development Coordinator   A person who is in charge of handling any logistics required for running a business by to provide support to an organization in administrative functions like purchasing, billing, reporting and filing INR 4,50,000
Marketing Consultant  Provide marketing strategies and execute these strategies by monitoring outcomes, identifying new markets, etc. INR 6,40,000
Consumer Insight Analyst  To help companies to understand their clients by performing research and data collection with regards to sales trends and client satisfaction. INR 5,00,000

Source: Payscale and Glassdoor

MBA Strategic Management Future Scope

MBA Strategic Management Future Scope

  • MBA Strategic Management has various and wide career options which in turn makes it easier for you to choose as per your requirements or passion. 
  • There are a variety of international recognised certificate courses that you can study which will help in your future career growth.
  • You can study for Financial Risk Management and clear the required qualifying exam if you are interested in a career in risk management where the certificate course is offered by internationally recognised association GARP. 
  • You can study CRMA which is a certification course that will help you be recognised as a certified risk management assurance employee who is able to handle risk management profile easily.
  • You can also opt for an MPhil or PhD degree in Business Management
MBA Strategic Management FAQs

MBA Strategic Management FAQs

Ques. What is the average salary that I can expect on completion of my MBA Strategic Management?

Ans. You can expect around INR 5,00,000 to INR 10,00,000 per annum. 

Ques. What course can I pursue after completing the MBA Strategic Management?

Ans. One can pursue CFA, FRM, CRMA, etc.

Ques. What type of careers is available for MBA Strategic Management graduates?

Ans. You can work in consulting, HR, strategic positions, etc.

Ques. Does MBA Strategic Management have any scope in India?

Ans. Yes, as it all boils down to the best strategy that will bring in more revenue or profits to the company, the scope for this course is increasing in India. 

Ques. Is this a good field?

Ans. Yes, it is a good field as people who are skilled in business tactics or strategies are always in demand. 

Ques. Is an MBA an expensive course?

Ans. MBA, in general, is slightly expensive. The fees differ from college to college.

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

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Ques. Is Vels University Chennai good for studying logistics and supply chain management?

● Top Answer By Aaditya Hari Nair on 14 Sept 21

Ans. Vels University aspires to be the epitome of excellence in higher education by effectively providing high-quality education and rigorous training to its students, with ample opportunities for all-round personality development and the promotion of positive change and social justice for the betterment of society. It has a good placement record. According to the recent placement highlights the average and highest CTC offered at the institute is 5.50 LPA and 8 LPA.  Vels University is a great place to learn about logistics and supply chain management.Read more
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Ques. Is it worth going for an MBA in operations management from KJ Somaiya, I have a work ex of 39 months in operations in a consumer electronics company?

● Top Answer By Aaditya Hari Nair on 04 Sept 21

Ans. If you have a work experience of 39 months in the operations role and you want to do an MBA in operations management as well. Considering this, instead of KJ Somaiya, you should choose NITIE Mumbai which is known for this course.  With the work experience you have I think NITIE Mumbai will do proper justice to your passion and experience. The highlights of the final placement report of the 2018-20 batch are given below for your reference. Particulars 2021 Placements Total Recruiters 121 Highest Salary 58.24 LPA Average Salary 20.88 LPA Number of PPOs received  130 Number of New recruiters 19 Apart from that, you may also consider Symbiosis Institute of Operations Management (SIOM), Nashik.Read more
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Ques. In NITIE which program among PGDIE, PGDMM and PGDPM is best suitable for computer and IT related person?

● Top Answer By Aaditya Hari Nair on 26 Aug 21

Ans. Among the mentioned programs PGDMM and PGDPM are comparatively newer and provide some really good courses for students with computer and IT backgrounds. If you want to take the GATE exam and get into NITIE through PGDIE then in the 2nd year of your course you will get a wide range of electives available. Here are some of the electives.  Advanced IT for Industrial and Manufacturing Engineering Business Process Integration and Management Computer Integrated Manufacturing Data Analysis and Decision Making Data Analytics Data Communications and Networking Data Mining for Business Intelligence Decision Support Systems and Expert Systems E commerce E customer Relationship Management ERP, etc.  Most of the courses here are Computer sector-related and related to the programming and software side whereas some of them are related to the IT sector and mainly deal with the hardware side.  But make a note that IE is not an M.Tech course. It is a management course. So, you will get placed in management roles post your degree. Read more
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Ques. Is studying operations management at SIOM worth it? Is it somewhere at par with NITIE?

● Top Answer By Aaditya Hari Nair on 20 Aug 21

Ans. NITIE is famous for its excellence in the field of Operations Management. But SIOM would be a good option to pursue this course. The college has earned awards and recognition with a USP syllabus.  The faculty members have a broad mind in terms of studies and cooperation. They help the students in their fields of interest.  SIOM has a strong alumni network. They have ties with the industries around Nashik which helps the students to have good industrial visits. The placement opportunities are good and are getting better every year. There are big brands and companies that visit the campus. Categories SIOM Course Fee 12.20 lakhs Placement Percentage 90% Highest CTC 35 LPA Average CTC 12-15 LPA Recruiting Companies Nestle, KPMG, Bosch, Deloitte, etc. Therefore, SIOM is a better option to study Operations Management than NITIE. SIOM provides you ample opportunities and will also help you in your career.Read more
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Ques. What is advisable, to join the PGDMM/PGDPM at NITIE or get a job?

● Top Answer By Aaditya Hari Nair on 20 Aug 21

Ans. It's a subjective question and mostly depends on your profile. PGDMM would be advantageous, if you are a fresher, especially with a mechanical or manufacturing background. It is better in terms of securing a good profile, a good package (Avg. 12 LPA), and robust manufacturing domain command. A few years of work experience would be preferable for the PGDPM course, but it is not required. It's a safe option to play for both freshmen and those with a little experience because it improves your profile, package, and adds the rich experience of a top MBA school - NITIE.Read more
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Master of Business Administration [MBA] (Strategic Management) Fee Structure in India


37.99 K (Minimum Fee)PUBLIC COLLEGES4.13 L  (Maximum Fee)
2.13 L (Average Fee)
54 K (Minimum Fee)Private COLLEGES13.70 L (Maximum Fee)
5.05 L (Average Fee)

Master of Business Administration [MBA] (Strategic Management) Fee Structure By state


Telangana

1 LPUBLIC COLLEGES1 L
1 L
54 KPrivate COLLEGES1.90 L
1.12 L

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Master of Business Administration [MBA] (Strategic Management) Colleges IN INDIA

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Krea University
Sri City, Andhra Pradesh
UGC
13.7 L Total fees
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