MBA stands for Master of Business Administration, is a post-graduate degree which is awarded for a course in Business Administration. During this 2 year MBA program, you learn about various aspects of Business Management and ways to make a business successful. It has a various specialization, which you learn to handle Finance, Marketing, Human Resource, Operations and other important elements needed to run a business. The MBA degree has become one of the top choices for all postgraduate aspirants irrespective of the stream in which they have done their graduation. The post-graduate program, commonly known as PGPs offered by the Indian Institute of Management and a postgraduate diploma in management offered by various independent management institutes are equivalent courses to MBA program run by various government and private colleges.
MBA is considered one of the best master’s degrees course after graduation in any stream just because of its ever-increasing demand in today’s ever-expanding global markets. More than that, the demand for management professionals is not going to fade soon. The massive demand of management degree holders, highest pay package in the entire industry, social status in the society, and a chance to lead a multinational company make MBA degree course more lucrative and a perfect reason for you to join MBA course.
You have to decide on the specialization before joining the institution. Some of the evergreen and in-demand specializations are MBA Marketing, MBA Finance, MBA Human Resource, MBA Entrepreneurship and MBA Operations Management. The syllabus of MBA consists of subjects like fundamentals of accounting, financial accounting strategy and fundamental management, Organizational behaviour and managing human resources, entrepreneurship and business planning.
The eligibility for getting admission for MBA is that the candidate must have completed graduation in any stream. A higher score in your bachelor’s degree will give you an edge to secure a higher rank in the final merit list in the admission process.