All you need to know about MBA

MBA is the most sought after option chosen by graduates from every field. You may have heard statements that MBA gives you an ideal platform to build your career. But what does it mean and why people prefer doing MBA after graduation?

MBA stands for Master of Business administration. It is a 2-year post-graduate degree program which is initiated by thousands of students all around the world. MBA has many specializations in different areas such as marketing, human resources management, information technology, etc. There are lots of job opportunities for an MBA graduate.

Eligibility criteria for doing MBA

The eligibility criteria required for pursuing MBA in India are enlisted below:-

• Graduation from any stream
• Marks scored in graduation should be more than 50%
• Age limit varies from institution to institution

Admission Procedure

Every year all the IIMs i.e. Indian Institute of Management conducts a Common Entrance Test also known as CAT. It is a computer-based test that consists of 100 questions based on quantitative aptitude, verbal reasoning, and logical thinking. For getting enrolled in any premier MBA institutes of India, you need to secure a good rank in the CAT examination.

Fees Structure

The entire course fee for MBA is different for different colleges. The average expenditure involved in studying MBA varies from Rs.22,000 to RS.22,00,000. To know about the fee structure of any institute, just search “fees of <college name>” such as Fees of Welingkar. This will give you an entire fee structure for every institute you wish to go in.

Benefits of doing MBA

After doing an MBA, career opportunities as well as pay scale increases. Being an MBA graduate adds special grades to your CV by increasing your level on a professional scale. It helps in acquiring the right kind of skills such as confidence, communication skills, time management, etc. It exposes you to the real scenario of how does the industry work.

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