Updated on Nov 19, 2024 06:21 IST

The Master in Business Administration (MBA) is a 2-year professional post-graduate degree that offers great career opportunities across various industries. It is one degree that plays an important role in your growth and development and enables you to transform into a complete professional with all the required skill sets.

A career in MBA opens a wide variety of opportunities across different sectors which include management, finance, marketing, and operations allowing the graduates to thrive in various sectors such as finance, healthcare, e-commerce, and consulting. The field requires analytical skills attention to detail and a deep understanding of financial principles and markets.

An MBA graduate’s starting salary can range from INR 2.7 to INR 8 lakh per year. Candidates with experience are appointed to higher roles like Associates and Assistant Managers and might experience considerable income increases in the industry. 

The top recruiters of MBA Courses are KPMG, Tata Consultancy Service, Wipro, Deloitte, Amazon, ICICI Bank, Infosys, Microsoft, Reliance Industries Limited etc.

MBA Career: Quick Facts

  • According to GMAC’s Global Survey, ‘MBA is the most popular choice for graduate-level study among Indian students.’
  • According to a report by Times of India, the employability of MBA graduates sits at 54%, which is the highest among different professional courses.
  • The average annual salary of an MBA in India ranges between INR 7 LPA to INR 12 LPA for different specializations.
  • Some of the desirable job positions such as Business Operations Management, Marketing manager, Operations Research Analyst, and Management Analyst are considered ‘hot jobs’ according to the US and World News Report.

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MBA in Finance Career

MBA in Family Business Career

Top MBA Career Profiles and Salary

According to AIMS, banking, finance, consulting, marketing, manufacturing and technology are some of the fields that are craving for MBA graduates. When it comes to actual job titles, here is a list of some of the most in-demand jobs:

Job Profiles Description Average Salary
Business Analyst A Business Analyst is a professional who works within an organization to analyze, understand, and document the business processes and systems.  INR 9.8 LPA
Investment Banker An Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities.  INR 16.1 LPA
Chief Financial Officer The CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations.  INR 83.3 LPA
Product Manager A Product Manager is a professional responsible for overseeing the development, strategy, and success of a product throughout its lifecycle.  INR 21.6 LPA
Management Consulting Management consulting involves providing advisory services to organizations to improve their performance, solve problems, and achieve their goals.  INR 27.5 LPA
Asset Manager An Asset Manager is a financial professional or entity responsible for managing investments and assets on behalf of clients, which can include individuals, institutions, or corporations.  INR 7 LPA
HR Manager An HR Manager, or Human Resources Manager, is a professional responsible for overseeing the human resources department within an organization.  INR 11.1 LPA
Project Manager A Project Manager is a professional responsible for planning, executing, and overseeing projects within an organization. INR 17.1 LPA
Sales Manager A Sales Manager is a professional responsible for leading and managing a team of sales representatives or a sales department within an organization. INR 7 LPA
Marketing Manager A Marketing Manager is a professional responsible for planning, executing, and overseeing marketing strategies and campaigns to promote a company's products, services, or brand. INR 12.7 LPA
Operations Manager An Operations Manager is a key leadership role within an organization responsible for overseeing and managing the day-to-day operations and processes.  INR 11 LPA

Note: The salary has been taken from Ambitionbox.com.

Emerging Career Trends in MBA

Emerging trends in MBA programs reflect the evolving landscape of business and the skills required to succeed in today’s market.

Candidates can see the following trends that they can witness in their career after pursuing MBA:

  • Digital Transformation: Increased focus on digital tools and technologies, including data analytics, AI, and automation, to prepare students for a tech-driven business environment.
  • Sustainability and Corporate Social Responsibility (CSR): Growing emphasis on sustainable business practices and ethical decision-making, with courses dedicated to environmental impact and social responsibility.
  • Soft Skills Development: Emphasis on leadership, communication, and teamwork skills, recognizing their importance in effective management and collaboration.
  • Financial Technology (FinTech): Growing integration of financial technology topics in finance courses, preparing students for careers in this rapidly evolving sector.

MBA Scope In India: Jobs and Further Education

One of the biggest advantages of an MBA is that it comes with the option of various specializations. It is a vast ocean of opportunities that offers students work in a plethora of industries. Besides, an MBA in a particular specialization is not restricted to a single field and the students can switch to another sector whenever they want.

Some of the sectors where MBA graduates are constantly in demand are:

Sectors

Description

Retail and Corporate Sector There are many job roles for different MBA specializations in this industry such as store manager, category manager, store technology manager, store marketing manager, etc. Depending on the flare and skill you possess, you can pick up a role considering your ambitions.
Banking and Financial Institutions MBA graduates are hired in capacities such as Financial Analyst, Credit & Risk Manager, Marketing & Sales Manager, etc. It is a field full of career opportunities with an average annual salary ranging between INR 3 LPA to INR 20 LPA based on the job role.
Media Sector Students have ample opportunities in both the private and government sectors. With an average annual salary ranging between INR 2 LPA to INR 10 LPA, candidates can look out for recruitment in print media, broadcast media, internet media, etc. Some of the popular job roles in this industry are Media Executive, Digital Advertising Expert, Channel Head, TV Producer, and many others.
Hospitality Sector With expertise in the hospitality sector, students can expect job roles such as General Manager, Director of Sales, Marketing Manager, Management Consultant, etc. With an average annual salary ranging between INR 3 LPA to INR 10 LPA, the students have unprecedented opportunities in airlines, cruise ships, hotels, casinos, resorts, etc.
Education sector The education sector may seem very limited, but it has a lot of opportunities for MBA graduates. Some of the job roles in this industry include education policy manager, education technology manager, director of teacher recruitment, educational reform manager, etc.
Management Consulting Consulting firms hire some of the best management brains and the responsibility of these individuals includes solving organizational issues, embracing fresh ideas, and finding new problem-solving methods.
Manufacturing sector With the declining numbers of industrial engineers, MBAs are filling in the gap. Companies who need help with data analysis and managing complex supply chains hire MBA graduates. With an average annual salary of INR 4 LPA- INR 12 LPA, candidates can look up for job roles such as Purchase Manager, Project Manager, Organisational Consultant, etc.
Entrepreneurship MBA graduates may aim to launch their own venture or they may accept respected positions at established firms such as business operations, financial management, Information security, etc. The demand for candidates has been on the rise with an average annual income of INR 5 LPA to INR 20 LPA.
Information Technology Project Manager, Analytics Manager, Systems Manager, IT Manager, Data Processing Manager, etc. are some of the job roles offered to MBA graduates in this industry with an average annual salary of INR 12 LPA.

Average Salary Based On MBA Specializations

Choosing the best MBA specialization significantly affects your life and career in the long run. MBA in Business Analytics, MBA in Finance, and MBA in Entrepreneurship are considered to be the top most paid specializations in this field. However, the salary of any professional depends on the skills, interest in earning, and other considerable factors. Here is a list of the top-paying specializations of MBA in India:

MBA Specializations

Average Salary

MBA Finance

INR 7.2 LPA

MBA Business Analytics

INR 5.5 LPA

MBA Marketing

INR 7.7 LPA

MBA Operations Management

INR 8.7 LPA

MBA Management Consultant

INR 11.6 LPA

MBA International Business

INR 8.2 LPA

MBA Human Resources Management

INR 6.3 LPA

MBA Information Technology

INR 12 LPA

MBA Entrepreneurship

INR 5 LPA

MBA Data Analytics

INR 4.3 LPA

Top Recruiters For MBA Students

MBA graduates are in high demand in every sector. As a company grows, the need for a professional arises and there is more and more demand for MBA graduates. Some of the top multinational companies that recruit MBA graduates are:

MBA Top Recruiters

Amazon

Aditya Birla Group Mckinsey & Co.
Boston Consulting Group Goldman Sachs Asian Paints
Google Flipkart Microsoft
ITC Hindustan Unilever Bain & Co.
JP Morgan Chase & Co. Wipro Coca- Cola Company

Top MBA College for Placements

The popularity of an MBA as a preferred post-graduate degree is unprecedented. However, the choice of college marks the stepping stone towards a good career in the future. Given below is a list of some of the top IIMs with Median Salary offered in 2023- 24:

MBA College

Median Salary 

IIM Ahmedabad

INR 20 - 31.5 LPA

IIM Bangalore

INR 32.5 LPA

IIM Calcutta

INR 31.05 - 33.67 LPA

IIM Lucknow

INR 30 LPA

IIM Kozhikode

INR 25 - 27 LPA

IIM Indore

INR 22.2 - 27.2 LPA

IIM Shillong

INR 26.09 LPA

IIM Rohtak

INR 17.5 LPA

IIM Ranchi

INR 16.88 - 18.22 LPA

IIM Raipur

INR 20 LPA

Here is a list of some of the Best private B-schools with Median Salary offered by them:

MBA Private College

Average CTC 

MDI Gurgaon

INR 25.58 LPA

IMT Ghaziabad

INR 14 - 22.5 LPA

XLRI Jamshedpur

INR 27.5 - 30 LPA

NMIMS Mumbai

INR 19.2 LPA

SPJIMR Mumbai

INR 2.89 - 32 LPA

SIBM Pune

INR 24 LPA

INR 7.97 LPA
Great Lakes Institute of Management INR 11.4 LPA
INR 6.15 - 7.25 LPA
INR 13 - 15 LPA

Note: This information is sourced from the official website/media reports/NIRF website and may vary.

Read More:

Courses and Career Options after MBA

FAQs around MBA Career

Q. What is the starting salary after doing MBA?

A. The salary scale for an MBA in general management is commensurate with the position occupied and as well the years of experience of the individual. For the fresher of just within a year in the industry, the median salary range stands at INR 3 LPA. On the other hand, with more experience of between 5-9 years, the median salary per annum is about INR 7 LPA. With other experience levels, you stand to earn more with position attained in the company and the status of the particular company too playing a part.

Top 10 companies hiring after the course. There are a whole lot of places to work as an MBA holder. Virtually all sectors will one time or the other place adverts for vacancies.

Some of them in the top 10 are:

  1. Aditya Birla Group
  2. HCL technologies
  3. JPMorgan Chase
  4. New Gen Software
  5. IEEE corporate
  6. National Textile Corporation Ltd.
  7. Amazon seller Services Pvt. Ltd.
  8. Cisco Systems, Inc.
  9. Global Eagle Entertainment
  10. India Infrastructure Finance Company Ltd.

Q. What is the average salary of a fresher with an MBA in India?

A. The average salary of a fresher with an MBA in India ranges between INR 2 LPA to INR 50 LPA with an average annual salary of INR 2.5 LPA. If you completed your MBA ( full time ) from a top B School like IIMs etc, you will be getting more salary during your freshmen year compared to those who have pursued an MBA from an average B-School or colleges.

Q. Name some of the top recruiting companies hiring MBA graduates in India?

A. Some of the top recruiting companies hiring MBA graduates in India are Amazon, Google, Hindustan Unilever, Microsoft, Tata Administrative Services, Aditya Birla Group, Flipkart, etc.  These companies hire MBA graduates for various roles such as HR Manager, Business Analyst, Investment Banker, Chief Financial Officer, etc.

Q. What kinds of sectors hire MBA graduates in India?

A. With the expansion of industries, MBA graduates are in demand in almost every sector now- a- days such as Retail and Corporate Sector, Banking and Financial Institutions, Media Industry, Hospitality sector, Education field, etc.

Q. Which cities are the best for MBA graduates in India?

A. If you want to work after completing a degree in MBA then cities such as Gurgaon, Bangalore, Mumbai, Delhi, Pune, Chennai, etc. are considered an ideal choices for MBA graduates in India. The above mentioned cities are also epensive for living so it is recommended that you prepare your expence accordingly.

Q. What are some of the core skills required to be an ideal manager?

A. To be an effective manager, one must have various skills including leadership, communication, problem-solving, and decision-making abilities. Here are some essential skills every manager should develop some of the core skills that are critical thinking, problem-solving, logical reasoning, etc.

Q. How can I get a job after completing my MBA course?

A. After completing an Engineering course, candidates should focus on tasks such as joining the alumni network, building an impressive resume, going for internships, exploring industries along with preparing and attending mock interviews to land their dream job.

Q. What is the role of a Product Manager?

A. A Product Manager identifies the customer’s needs and wants and works with the engineering and the designing team to bring a product to life. They are responsible for the development of new consumer goods, business technologies, software platforms, etc. that people use in their everyday lives.

Popular Exams

Following are the top exams for MBA (Masters of Business Administration). Students interested in pursuing a career on MBA (Masters of Business Administration), generally take these important exams.You can also download the exam guide to get more insights.

19 Dec ' 24

CAT 2024 result announcement

3 Dec ' 24 - 5 Dec ' 24

CAT 2024 answer key challenge

25 Dec ' 24 - 10 Feb ' 25

MAH CET 20245 registration process

Mar '25

MAH MBA CET 2025

TENTATIVE

31 Jan ' 25 - 2 Feb ' 25

CMAT 2025 Answer Key Release and Challenge

25 Jan ' 25

CMAT 2025 exam date

24 Dec ' 24 - 2 Mar ' 25

MAT 2024 Registration Process PBT (February)

24 Dec ' 24 - 9 Mar ' 25

MAT 2024 Registration Process CBT (February)

Popular MBA (Masters of Business Administration) Specializations

Following are the most popular MBA (Masters of Business Administration) Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.

Popular Specializations

Popular MBA (Masters of Business Administration) Colleges in India

Following are the most popular MBA (Masters of Business Administration) Colleges in India. Learn more about these MBA (Masters of Business Administration) colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
2 Courses
25 L
20 - 31.58 LPA

#1 NIRF

2 Courses
24.5 L
32.5 LPA

#2 NIRF

5 Courses
15 L - 58.84 L
24 - 28 LPA

#9 NIRF

2 Courses
17.2 L - 24.2 L
25 LPA

#13 NIRF

20.5 L - 22.5 L
25 - 27 LPA

#3 NIRF

2 Courses
12 L
24.45 LPA

#4 NIRF

Popular Private MBA (Masters of Business Administration) Colleges in India

1 Course
4.69 L
2.8
2.61 L
2.26 L
4.17 LPA
8 Courses
50 K - 5.8 L
5 LPA
3.6 L - 5.34 L
4.5

#35 Times

3 Courses
9.9 L
9.05 LPA

#87 NIRF

MBA/PGDM Applications open. Apply Now

Top Ranked Colleges by Location

Following are the top ranked colleges for MBA (Masters of Business Administration) based on rankings published by The Week, Business Today and National Institutional Ranking Framework (MHRD).
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Answered 17 hours ago

Hi Mansi,
A distance MBA can be worth it if it's from a recognised university like IGNOU, NMIMS, or Symbiosis, as it adds value to your profile and enhances skills like management and decision-making. For government or bank exams, an MBA may give you an edge in certain roles, but the focus should be

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A

Ankit kumar

Contributor-Level 9

Answered 23 hours ago

International students must complete a bachelor's degree first to get admission to the Macquarie University MBA program. They must also meet the English language requirements to get into the university. Mentioned below are general Macquarie University MBA admission requirements for international stu

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Lalit Gulati

Contributor-Level 6

Answered Yesterday

No, meeting the CAT cutoff percentile is not the only criteria for admission. IIM Lucknow admission is a two-stage process. In the first stage, candidates are shortlisted for the WAT and PI round on the basis of their performance in the CAT, scholastic achievement, and relevant work experience. In t

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Rashmi Sinha

Contributor-Level 10

Answered Yesterday

The IIM Lucknow CAT qualifying cutoff 2024 has been released for admission to PGP, PGP-ABM, and PGP-SM courses for different categories. For 2025 admission, the IIM Lucknow PGP-ABM qualifying CAT cutoff is 85 percentile (overall) for the students belonging to the general category in the AI quota. Fo

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Rashmi Sinha

Contributor-Level 10

Answered Yesterday

The MBA eligibility requires candidates to have completed their graduation in any field  (Science, Commerce,  Arts) with an aggregate of 50% or more. Students can also check the list of reasons below to pursue MBA course from Chaitanya University:

  • Promising Career: The simplest approach to advance yo

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78613204
Indrani Choudhury

Contributor-Level 10

Answered Yesterday

MBA course is a two-year postgraduate level degree program focusing on Management, Business, and Entrepreneurial concepts. Students can check the list of career options available after completing MBA from Chaitanya University:

Job ProfilesDescriptionAverage Salary (in INR)
Business AnalystA Business Analyst is a professional who works within an organisation to analyze, understand, and document the business processes and systems. 9.5 LPA
Investment BankerAn Investment Banker is a finance professional who works within an investment bank or a financial institution, specializing in providing financial advisory services and raising capital for corporations, governments, and other entities. 5 LPA
Chief Financial OfficerThe CFO is a high-level executive responsible for managing an organization's financial actions, strategies, and operations. 47.1 LPA

P

Parul Shukla

Contributor-Level 8

Answered Yesterday

The duration of an MBA at SETU varies based on the specialisation of the course being pursued.

An MBA in Economics and Finance has a duration of 1 year with annual fee €14,000 (INR 12.5 L), while an MBA in Marketing has duration between 1-2 years with similar annual fee.

A

Akash Gaur

Contributor-Level 10

Answered Yesterday

Yes dear, but it's Also depends upon your merit.THANKS

A

Akhilesh Kumar

Beginner-Level 1

Answered Yesterday

Some of the best countries to study MBA beyond Canada without GMAT are the United Kingdom, the USA, Australia, New Zealand, and France. It's crucial to check the exact prerequisites of the programmes you are interested in since entrance standards and criteria differ by institution.

L

Loveleen Patra

Beginner-Level 5

Answered Yesterday

The average tuition fee for study MBA in Canada is from CAD 30,000 to CAD 115,000 per year, excluding the cost of living. The total 1st-year average cost to study is Rs 31.51 lakhs. Depending on the institution and programme you select, as well as variables like location and living expenditures, the

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78559946
Raj Vimal

Contributor-Level 9

Answered Yesterday

Check the precise prerequisites of the programmes you are interested in as admission requirements for an MBA in Canada without GMAT differ per institution. However, some Canadian universities and business schools may admit students into MBA programmes without the GMAT if they meet additional require

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Raushan Jain

Beginner-Level 5

Answered Yesterday

Yes, admission into MBA in Canada without GMAT and work experience is possible in some universities. Some of these universities are

  • Thompson Rivers University
  • Cape Breton University
  • Brock University
  • Vancouver Island University

The specific prerequisites of the programmes you are interested in should be c

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Vipra Panda

Beginner-Level 5

Answered Yesterday

To get into Chaitanya University for an MBA course, candidates must meet the eligibility criteria set by the university. Students must pass graduation with a minimum of 50% aggregate (45% aggregate for reserve category). Chaitanya University offers full-time MBA courses of two years' duration. Stude

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Virajita Arora

Contributor-Level 8

Answered Yesterday

For MBA course admission, candidates must meet the eligibility criteria set by the university. Aspirants should pass graduation with a minimum 50% aggregate. The admission criteria for the course is entrance-based. The Full Form of MBA is Master of Business Administration which is a two-year PG degr

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78612974
Indrani Choudhury

Contributor-Level 10

Answered Yesterday

For admission to the MBA course at Chaitanya University, students need to fulfil the minimum eligibility criteria in the first place. The selection criteria for this course is entrance-based i.e., TSICET/Other State Entrance Tests recognised by UGC/Eligibility Test through our At-Home-Exam/Chaitanya

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Parul Shukla

Contributor-Level 8

Answered Yesterday

Department of Management Studies, IIT Delhi, has released the last date to apply for E-MBA admission. Candidates seeking admission to the academic year 2025-26 must submit their applications before April 15, 2025. They can visit the official website of DMS IIT Delhi to submit an application. The ap

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Himanshi Pandey

Contributor-Level 10

Answered Yesterday

 

Hi Tulsi,

Ahmedabad offers several reputable MBA colleges that accept CMAT scores for admissions. Here are some top institutions to consider:

  1. Shanti Business School (SBS): Known for its industry-oriented curriculum, SBS offers a range of management programs and accepts CMAT scores for MBA admissions

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Ankit kumar

Contributor-Level 9

Answered Yesterday

Hi Tulsi,

For MBA admissions in India, several entrance exams are commonly accepted by business schools. After clearing these exams, candidates typically undergo further selection processes, including Group Discussion (GD), Personal Interview (PI), and Written Ability Test (WAT). The specific requir

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Ankit kumar

Contributor-Level 9

Answered Yesterday

Yes, Reservation is provided in MBA HR to the candidates who belongs to SC, ST, OBC, PwD, and EwS categories. For more information about the reservation olicies of different Universities and Colleges, the candidates can check the official website of the University/ College.

M

Mohit Mishra

Beginner-Level 5

Answered Yesterday

While MBA in HR can open opportunities for various good job roles in Human resourses, getting an additional Certificatecan be more beneficial. You can consider to study following Courses:

Top Courses after MBA HR

Different types under MBA HR Courses

Certification Courses

  • Associate Professional in Talent Development 
  • SAP HR Certification
  • Society for HRM Certification
  • Certified Talent Management Practioner Program

PhD Courses

Completed 3-5 years of extensive study on the selected course

A

Aashi Srivastava

Beginner-Level 5

Answered Yesterday

MBA in Human Resources Admission is based on either numerous admission tests such as the CAT, MAT, SNAP, CMAT,  and others, or on merit. After passing the entrance tests, the student must go through a Group Discussion and Personal Interview Round to be further screened. Students need to hold their b

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Pallavi Rai

Beginner-Level 5

Answered Yesterday

After completing an MBA in Human Resources Management, you may want to further enhance your skills, knowledge, or career prospects by taking additional courses or certifications in specialised areas of HR or related fields.

Here are some post-MBA courses and certifications you can consider:

  • Certified

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Piyush Chatterjee

Beginner-Level 5

Answered Yesterday

Montpellier Business School MBA fees is around INR 13 L to INR 15 L, which vary as per the specializations. The table below includes popular MBA specializations at the university with first-year fees:

MBA SpecializationsFirst-Year Fees
MSc in Digital Marketing & Omnichannel StrategyINR 15.07 L
MSc Complex Project ManagementINR 15.07 L
Master in Management by Programme Grande EcoleINR 12.93 L

A

Aayushi Sharma

Contributor-Level 6

Answered Yesterday

MAKAUT has over 10+ affiliated colleges offering MBA courses. This amounts to an intake of 3000+ seats for the MBA programme. Some of the colleges with prominent seat intakes include St. Mary's Technical Campus, the Institute of Engineering and Management, AIM (Army Institute of Management, and Bhar

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S

Shailja Rawat

Contributor-Level 10

Answered Yesterday

MAKAUT offers a total of 3870 seats for its MBA programme. These seats are distributed among more than more than 10 affiliated colleges of the university. Some of the colleges included are St. Mary's Technical Campus, Institute of Engineering and Management, AIM (Army Institute of Management), Bhara

...Read more

S

Shailja Rawat

Contributor-Level 10

Answered Yesterday

International students must have a bachelor's degree in a relevant discipline to study Montpellier Business School MBA. They must also meet the English language requirements if their first language is not English to get into the university. Mentioned below are the general requirements for Montpellie

...Read more

78592490
Chandra Shekhar

Contributor-Level 10

Answered 2 days ago

Studying MBA in HR can be beneficial as it provides:

  • Specialized Knowledge: An MBA in Human Resource Management provides in-depth knowledge of HR functions, such as talent acquisition, performance management, organizational behaviour, and strategic HR planning. 
  • Career Opportunities: MBA in HR Managem

...Read more

K

Kritika Tyagi

Beginner-Level 5

Answered 2 days ago

Completing an MBA in Marketing from VMOU enables students to get jobs across various industries. Fresh MBA graduates seeking entry-level positions can expect a salary range starting from INR 3-4 LPA. The below table showcases some common jobs and industry-based average salaries offered to students o

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S

Shailja Rawat

Contributor-Level 10

Answered 2 days ago

For admission to MBA courses, VMOU accepts valid MAT scores Thus, candidates seeking admission to the MBA programme can register and appear for the MAT exam. As per official sources, the 2025 session of the MAT exam is scheduled to be held on Mar 9, 2025.

S

Shailja Rawat

Contributor-Level 10

Answered 2 days ago

The roles offered during Sushant University MBA placements in recent past is listed below:

Product Manager

Account Manager

Financial Analyst

Training & Development Manager

Business Development Manager

Brand Manager

Social Media Analyst

Sales Manager

SEO Expert

Auditor

Financial Researcher

 

N

Nishtha Sharma

Contributor-Level 7

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