Business Administration Degree 2021- Graduate, Postgraduate, Ph.D. Full Details

Business administration degree

Business Management Courses

Business Management is a branch of education that provides you knowledge and training to panning, execution the idea, supervision and analyzing of business enterprises.

In this business administration degree field of education, you learn about how you establish your company or an organization and many functional levels such as financial, administrative, production, human resources, foreign exchange sales and marketing, and others.

Business Management is a branch of education that provides you knowledge and training to panning, execution the idea, supervision and analyzing of business enterprises.

In this management field of education, you learn about how you establish your company or an organization and many functional levels such as financial, administrative, production, human resources, foreign exchange sales and marketing, and others.

Business management courses are generally open from all the streams such as Commerce, Science, and Arts and also you can pursue at undergraduate like BBA/BMS, some postgraduate like MBA/PGDM and also for a doctor like Ph.D., FPM levels.

Also Read Top 15 Chinese Mobile Companies – Smartphone, Founder, Full Details

Why we would choose business administration degree ?

If you choose a management degree so you will learn a practical study and gain a huge amount of knowledge to know how any company works or how an organization work also increases your investment knowledge.

A management degree is a huge variety of managerial jobs on junior as well as senior levels. If you completing an undergraduate course so, you will hire as executive jobs across the functional areas and if you completing a post-graduate course after graduating with a management course so, you will be hired at a managerial level.

Business Management Top Entrance Exams and Eligibility:

Business Administration Degree is divided broadly into two levels first is for the Undergraduate course and Post Graduate course.

At Undergraduate Level: – The Candidates have an option for the course such as (BBA) Bachelor of Business Administration, Bachelor of Management Studies (BMS), (BBM) Bachelor of Business Management BBA LLB, and Integrated MBA

At Postgraduate level: – The candidates have an option for the courses such as (MBA) Master of Business Administration and (PGDM) Post Graduate Diploma in management.

The following are eligibility requirements for BBA and MBA in business management:

BBAMBA
Students who have passed class 12th from a recognized university or board  Having graduated from a recognized university in any stream or equivalent
Class 11th students are also eligible to apply to take the entrance exam for BBA admission.  Graduate students are also eligible to apply for the entrance tests conducted for MBA admission.    

Top Business Management Entrance Exams

Business administration degree

The majority of business administration degree institutes choose candidates for admission based on their entrance exam scores. There are some business schools that accept scores from national-level exams, while others hold their own entrance exams. Below we have listed the top BBA and MBA entrance exams:

BBA Entrance ExamsMBA Entrance Exams
NPATCAT
UGATXAT
SETCMAT
SUATSNAP

 

Specializations and courses in Business Management

In regular and distance-education modes, a business administration degree is offered at the undergraduate, graduate, and doctoral levels. The courses are offered by both government and private colleges. The following is a list of Business Management courses at various levels.

UG CoursesPG CoursesDoctoral or Other Courses
BBA/BMSMBAFPM
BBMExecutive MBAPhD
Integrated MBADistance MBAMDP
BBA LLBOnline MBA /Part-Time MBACertificate in Business Management

Business Management Undergraduate Courses:

Bachelor of Business Management (BBA)

BBA is one of the most famous business administration degree programs pursued by students after Class 12 in business administration degree. Students who complete the BBA program are prepared for jobs in many industries including finance, marketing, aviation, sales, and government.

BBA is a professional undergraduate three-year course in business administration degree It is open to all the three-stream student’s Science, Commerce, and Arts. The BBA course giving training in management and offers knowledge to prepare them for leadership skills of managerial roles and entrepreneurship.

In India, about 4600 thousand BBA college and students land their field where they want to gain knowledge of a particular field. You are also studying BBA in a particular subject or all the subjects related to all fields in business administration degree. the course help students’ various aspects of business administration and management through lectures and internships training.

BBA specializations

Below you’ll find a list of BBA specializations offered by colleges and universities in the three-year degree program.

BBA specializations  
BBA Human ResourceBBA LLB
BBA Banking and InsuranceBBA Tourism and Hospitality
BBA FinanceBBA Family Business
BBA Information TechnologyBBA Organisational Management
BBA Marketing & SalesBBA Digital Marketing
BBA Foreign TradeBBA International Business

BBA Entrance Exams and Eligibility Criteria:

business administration degree
  • Those students who have completed their class 12 in any stream are eligible to pursued BBA in any University or educational board.
  • The candidates who have must attained 50% marks or above in class 12.
  • In case, candidates appeared for class 12 and waiting for the result he/she are also apply to the BBA entrance.

Top Entrance Exam of BBA in India

BBA admissions are generally granted based on an entrance exam administered by the university/institute offering the course. After the entrance exam, many institutes conduct a Group Discussion or Personal Interview in business administration degree. Qualifying Exam, Entrance Test, and GD-PI scores determine admission. There are several popular BBA entrance examinations listed below: 

List of BBA Entrance Exams in India
SETUGAT
NMIMS NPATAUMAT
CUETFEAT
DELHI University Joint Entrance Test (DU JAT)IPM Aptitude Test
BHU UETIPMAT

Syllabus and subjects for BBA

business administration degree

There are six semesters in the BBA program. Business Management is a series of courses that includes Business Organization, Business Communication, Financial Accounting, Business Mathematics, Management Concepts, Management Practices, Managerial Economics, Management Accounting, Business Environment, Business Statistics, Marketing Management, etc. A few topics and subjects covered by the BBA syllabus are listed below: 

BBA Syllabus
Business EconomicsProduction & Material ManagementFinancial & Management Accounting
Personnel Management & Industry RelationsOperations ResearchMarketing Management
Business LawsBusiness Data ProcessingIntroduction to Psychology
Introduction to SociologyBusiness AnalyticsMicro Economics
Essentials of MarketingOrganizational BehaviourCorporate Strategic Management
MIS / Systems DesignHuman Resource ManagementUnderstanding Industry and Markets
StrategyLeadership and EthicsEntrepreneurship
Sales & Distribution ManagementInternational Business ManagementCommercial Bank Management
Manufacture Planning and ControlPR ManagementDigital Marketing
E-Commerce
Computer Applications  
Quantitative Methods
Family Business ManagementRetail ManagementExport/ Import Management
Project Management Business CommunicationFinancial & Commodity Derivatives
Industrial Relations and Labour LegislationSecurity AnalysisConsumer Behaviour
Principles of ManagementFinancial Modelling using spreadsheetsBusiness Mathematics & Statics

Skills Required for Pursuing a BBA

A student in the management field must have some specific skills in order to manage different types of tasks. To learn more about some of the skills needed for BBA, check out the table below:

Team PlayerWriting SkillsProfessional Communication Skills and Behavioural Grooming
SellingPersuading skillsNegotiating
Leadership Skills Critical and Analytical ThinkingSelf-motivated
Detail-orientedMulti-taskingStrong work ethic
CommittedAdaptabilityTime management
EtiquetteConsulting and Problem-Solving SkillsConversational Skills

Recruiters in the BBA field and their scope

After completing a BBA, aspirants often pursue an MBA. There are many other job opportunities available such as jobs in business consultancies, advertising, manufacturing, and the government sector, among others. After completing BBA one can pursue the following major career paths in business administration degree : 

  • Human Resource Executive: The Human Resource Executive is charged with applying strategies, practices, and HR programs to ensure the organization’s objectives are in line with best practices, state, global, and local laws. Human Resource Executives mainly oversee human asset activities such as enrolment and pay as well as planning HR strategies. 
  • Marketing Executive: As a Marketing Executive, you will develop official statements and conduct and analyse competitive research, as well as establishing objectives, expectations and results for marketing programs. 
  • Marketing Manager: A marketing manager collaborates with product managers to establish new/ improved strategies and to execute new/ modified marketing programs. Market research studies and their analysis, as well as making the best use of marketing programs and campaigns are among the responsibilities of a Marketing Manager.
  • Sales Executive: Sales Executives are responsible for increasing revenue and extending the company’s market reach by structuring and implementing sales strategies. 
  • Research and Development Executive: A Research and Development (R&D) Manager oversees the development & research programmes of an organization in order to meet its needs. The role of an R&D Manager is to determine the scope of research projects and make sure that they are completed within the budgetary parameters. 

Salary and job profiles for BBA

business administration degree

You can explore the following table to find out what career options students have after BBA, along with the average salary in India:

Job ProfileSalary (per annum)
HR ExecutiveRs 3.75 lakh
Marketing ManagerRs 6.84 lakh
Sales ExecutiveRs 2.44 lakh
Marketing ExecutiveRs 2.91 lakh
Financial AdvisorRs 3.83 lakh
Public Relations ManagerRs 5.21 lakh
Entrepreneur Rs 7.44 lakh

Best BBA Recruiters

The following companies are some of the top employers of BBA graduates: 

Top Recruiter List for BBA
Tata Consultancy Services (TCS)Hindustan Unilever
Hewlett-PackardICICI Bank
MicrosoftMc Kinsey and Company
DeloitteSony
International Business Machines (IBM) CorporationEarnest & Young (EY)

Bachelor of Management Studies (BMS)

business administration degree

Bachelor of Management Studies (BMS) is an undergraduate business administration degree three-year program that offers you advanced studies in the field of management that are run an organization efficiently in business administration degree. It provides depth knowledge of economics, business studies, and human resources.

The BMS course provides the students a vast knowledge to changing the world of management, entrepreneurship, innovative business techniques, stock, finance, trading, and risk analysis in business administration degree. It includes many pieces of the training sessions and extra co-curricular activities that help the overall development of the students and helps the students to understand the real-world challenges.

Eligibility Criteria for BMS

  • Those students who have completed their class 12 in any stream are eligible to pursued BBA in any University or educational board.
  • Minimum marks are required from 50% to 60% from collage to collage on your class 12.
  • The age limit is 22 years for general category and 25 years for reserved categories.

 

The Best BMS Entrance Exams

In most BMS colleges in India, entrance exam scores are taken into account when selecting candidates for admission. For BBA and BMS, there is a common entrance exam. The following are some of the top BMS entrance exams in India.

Top BMS Entrance Exams
DUJATUGAT
NPATFEAT
CUETIPMAT
BHU UETAUMAT

Application Process for BMS

BMS colleges usually conduct Group Discussions (GD) and Personal Interviews (PI) to determine admission. The admissions process for some institutes, like Christ University, includes a student presentation. Some institutes accept students on the basis of their 12th-grade scores, while others, such as Delhi University, pick students based on their cut-off scores.

 

Specializations in BMS

A BMS student may specialize in a field of their choice. They might choose BMS in Marketing Management or BMS in Travel & Tourism if they wish to join the Marketing domain. These are a few of the popular BMS specializations in business administration degree :

BMS Specialization
Finance and AccountingMarketing
Digital MarketingBusiness Analytics
Human ResourcesIT & System
EntrepreneurshipHospitality
Hotel ManagementTravel & Tourism

Subjects and Syllabus for BMS

BMS program core subjects are listed below. Besides these subjects, BMS students had the option of taking electives in Finance, Marketing, HR, Sales, Global Business, etc.

BMS Syllabus and (Core Subject)
LanguageInterdisciplinary Courses
Statistics for Business DecisionsHuman Resource Management
Managerial EconomicsFinancial Management
Business AccountingQuantitative Techniques for Management
MacroeconomicsLegal Aspects of Business
Principles of MarketingBusiness Policy and Strategy
Management AccountingElectives/Specializations
Fundamentals of Management and Organisational BehaviourBusiness Research

Top BMS Recruiters and Jobs

The BMS program offers candidates many job opportunities in the field of management that are suitable for their skills in business administration degree. BMS is an undergraduate business administration degree program, so the job roles available to candidates are executive and senior executive positions. For those planning to begin their careers as managers, postgraduate degrees in Management might be the best choice (MBA/MMS/PGDM/PGP).

After completing BMS, these job profiles will be available to you: 

Job ProfileSalary (per annum)
Finance ExecutiveRs 5 lakh and upwards
Human Resource ExecutiveRs 4 lakh and upwards
Sales ExecutiveRs 3 lakh and upwards
Marketing ExecutiveRs 3 lakh and upwards

 

Top Recruiters at BMS

India has some of the top BMS colleges, which offer their outgoing students campus placements. BMS graduates work for companies across all sectors, such as FMCGs, IT, Manufacturing, e-Commerce, BFSIs, Logistics, Construction, Real Estates, Food & Beverages, and Travel & Tourism firms. These are some of the top companies that hire BMS graduates: 

BMS Top Recruiters
IBM CorpYes Bank
Tata Consultancy Services (TCS)Hindustan Unilever
DeloitteSony
GodrejFuture Group
RelianceZomato
HondaVodafone
Hewlett-PackardICICI Bank

 

Business Management Postgraduate Course:

Master of Business Administration (MBA)

business administration degree

In India and abroad, the Master of Business Administration, or MBA, is one of the most popular post-graduate programs. The two-year management program opens doors to a number of corporate career opportunities. Within the last two decades, the MBA program is a business administration degree that has gained a great deal of traction in India in business administration degrees. MBA degrees have become a necessity for a majority of managerial positions across domains and sectors. Therefore, today a large number of BTech, BBA, BCom, BA, BSc, and BCA graduates opt for MBA as their post-graduate degree program. A few things you should know about the MBA program:

FeaturesDetails
Name of courseMBA
Full-FormMaster of Business Administration
Level of CoursePostgraduation
Types of MBAWe offer full-time MBAs, part-time MBAs, distance MBAs, online MBAs, executive MBAs, and integrated MBAs
MBA Course FeeBetween 2 lakhs and 27 lakhs
Admissions to MBA programsInterview + Group Discussion + Entrance Exam
Top Entrance ExamsThe CAT, MAT, XAT, CMAT, NMAT, ATMA, IIFT, and IBSAT are all popular exams
Number of CollegesFull-time MBA is offered by 5000+ colleges in India
MBA SpecializationsOperations, Marketing, Finance, HR, Digital Marketing, Business Analytics, and Finance
Average SalaryFrom 5 lakhs to 25 lakhs per annum

MBA Course Highlights

business administration degree
  • This popular course is available to students of all backgrounds – science, commerce, and humanities.

The regular MBA consists of four or six semesters over two years. In addition, there are a few private institutes that offer PGDM programs.

  • There are various modes of pursuing an MBA, such as full-time, part-time, online, and distance learning. Programmes can also be tailored based on the candidate’s professional experience, such as Executive MBA.
  • Instead of an MBA degree, many management institutes offer Post-Graduation Diplomas in Management (PGDM), Post-Graduate Diplomas (PGD) or Post-Graduate Programmes (PGP) in Management. In terms of recognition, there aren’t many differences between them. 
  • MBAs are the most popular educational path. In addition to theory classes, students take part in practical projects, exchange programmes, internships, and final placements as part of a full-time MBA program.
  • MBA programs are popular with recent graduates as well as professionals with some work experience. Depending on the college, fresh graduates may be given higher preference over candidates with some work experience. 
  • For those with five years or more of work experience, the Executive MBA is the best option as it emphasizes management and leadership skills for staying relevant in your field.
  • Distance MBA, online MBA, and part-time MBA programs are ideal for working professionals.

 

What are the benefits of an MBA?

business administration degree

To fast-track, your career is the easiest answer to this question. In a world where there is cutthroat competition in business and the job market, one needs managerial skills and leadership qualities to contribute in multiple ways to the organization. A business administration degree is background is a great advantage if you have expertise in a particular field. Having an MBA is the key to setting up your own company or switching careers. The following are some of the benefits of an MBA:

·        Opportunities for Better Careers

·        Paying a higher salary

·        Developing an industry network

·        Developing management skills

·        Developing leadership skills

·        The Global Economy and Business Exposure

·        Development of entrepreneurial skills

There are several types of MBA

business administration degree

There are several modes and formats available for MBA courses. The 2-year regular MBA program has traditionally been the most popular choice among management students, but in recent years, executive MBA programs and online MBA programs have gained enormous popularity among students. Below are some key points about each type of MBA.

Full-Time MBA: This is a regular business administration degree MBA program that lasts for two years. Students take physical courses, complete live projects, have semester-by-semester assessments, and complete a summer internship before concluding the program. India has about 5000 colleges offering Full Time MBAs. Tuition fees typically range between Rs 2 lakh and Rs 25 lakh on average.

Part-Time MBA: A part-time MBA course is a program in which classes are conducted in the evening or on weekends. In this course, you will learn key management skills, without having to stay in a hotel or apartment for the duration of the course. A part-time MBA program does not offer internship or campus placement opportunities. Part-time MBA programs are offered by both private colleges and public universities. The number of part-time MBA colleges in India is about 300. Fees range between Rs 1 lakh and Rs 10 lakh for a course. 

Distance MBA: The candidate enrolled in a Distance MBA program communicates and corresponds remotely with the program instructor. People with little time and resources are most likely to enroll in this course. The cost and flexibility of distance learning make it an appealing option. You can finish the course in 2-5 years. The number of distance MBA colleges in India is over 490. One of the most popular is IGNOU. 

Online MBA: The easiest and most convenient way to complete an MBA is via an online program. Lessons are delivered via video conferencing, and notes, exams, and assessments are posted on the Learning Management System (LMS). Due to the online nature of Online MBAs, one can pursue a course while living in another city while pursuing their course. Attending classes is also not restricted due to the recorded lectures that are stored in the LMS. India has about 170 online MBA schools, most of which are private. 

Executive MBA: This Master’s degree is only available to working professionals with at least five years’ experience. There are many similarities between the curriculum and pedagogy of the Full-Time MBA, however, the program is shorter (15 to 19 months). Several top colleges provide company sponsorship to candidates for their executive MBA degrees. In India, there are about 440 Executive MBA colleges.

Integrated MBA: This is a dual degree course combining undergraduate and graduate studies. Integrated MBA degrees can be obtained after class 12. If a candidate decides early on to pursue a management career, this program is an integrated program with BBA+MBA or BTech+MBA. A number of top colleges offer the Integrated MBA program including IIM Rohtak, IIM Indore, IIM Ranchi, IIM Jammu, and IIM Bodhgaya, NMIMS, Xavier University, and Nirma University among others.

 

MBA Eligibility Criteria

business administration degree

The following criteria are necessary to qualify for a full-time MBA: 

  • An MBA degree or equivalent from a recognized university is the basic eligibility criteria for MBA (full-time).
  • The majority of institutes require a 50% average or equivalent score for graduation. A minimum aggregate score of 45 percent is required for students from the reserved category
  • Students who are in the final year of their bachelor’s degree may also apply for MBA programs if they present evidence of completing their bachelor’s degree within an institute-specified time.

·  The MBA can be pursued by professionals holding CA, CS, ICWAI, and other degrees

 

Exams for MBA Entrance

The entrance exams determine whether applicants are eligible for Tier 1 and 2 B-School admissions. On the following page, you will find the list of top MBA test scores that are acceptable for admission to various B-schools:

ExamsApplication Names
CATStart the first week of August 2021
CMATStart fourth week October 2021
SNAPStart the second week of August 2021
IIFTStart the third week of October 2021
XATStart the third week of August 2021
MATOngoing (August phase)
NMATStart the first week of August 2021
ATMAOngoing (August phase)

Admissions to the MBA program

business administration degree

B-school admissions typically involve taking an admissions test. There are several types of tests in this category:

·        National Level Test: Several top national B-schools or apex testing bodies conduct the National Level Test on behalf of the participating colleges. An example would be CAT, MAT, CMAT or ATMA

· State Level Test: It is conducted on behalf of the other participating colleges by the state-level testing body or top state business school. For example, MAH-CET, OJEE, KMAT, TANCET, and APICET

· Institute Level Test: An entrance test for its MBA program is conducted at the institute level. Additionally, in some cases, these scores may also be accepted as qualifying criteria by other B-schools. Exams like the IIFT, XAT, NMAT, SNAP, and IBSAT

· MBA entrance examination conducted by a university for colleges affiliated with the university. A few examples are: KIITEE, LUMET, HUMAT

The qualifying exam is usually followed by a second-level screening round that includes a Group Discussion (GD) or Written Ability Test (WAT) and Personal Interview (PI) conducted by the college the student has been accepted to.

MBA Specializations

There are a variety of MBA specializations, as well as the traditional MBA course. Among the many MBA specializations offered in India, there are many to choose from. Choosing a specific branch or specialization in your MBA program will equip you with the skills you need in specific areas like Finance, Operations, Human Resources, Market Research, to name a few. Listed below are a few MBA specializations that are most popular:

 

MBA Specialization
FinanceAgriculture & Food Business
InfrastructureAdvertising
MarketingMaterials Management
International BusinessNGO Management
SalesOli & Gas
Disaster ManagementPharma
Human ResourcesRetail
Energy & EnvironmentProject Management
OperationsRural Management
Import & ExportSports Management
ProductSupply Chain
IT & SystemTelecom
Business AnalyticsTextile & Management
Healthcare & HospitalTransport & Logistics
Digital MarketingForestry
Business EconomicsPublic Policy
EntrepreneurshipHospitality

Subjects of MBA

business administration degree

MBA students are exposed to a wide range of subjects. To name a few core subjects in an MBA program, students study Organizational Behaviour, Marketing, and Principles of Management. Entrepreneurship, Business Law, and other topics are covered in the second year. These subjects are categorized as core subjects and electives in MBA schools, and students are given the opportunity to choose the electives they wish to study. Below is a list of some of the subjects covered in MBA: 

MBA Subjects
MarketingHR ManagementBusiness PlanningFinance management
Principles of ManagementBusiness LawCommunication SkillsEntrepreneurship
Computer ApplicationOrganizational BehaviourTaxationRetail Management
Business CommunicationProject WorkEconomicsBusiness Environment

MBA Syllabus Semester by Semester

business administration degree

There are typically four or six terms or semesters in a regular MBA course. In order to complete the general MBA program, the following subjects are listed by semester:

MBA Semester I Syllabus
Organizational BehaviourMarketing Management
Quantitative MethodsHuman Resource Management
Managerial EconomicsBusiness Communication
Financial AccountingInformation Technology Management
MBA Semester II Syllabus
Organization Effectiveness and ChangeManagement Accounting
Management ScienceOperation Management
Economic Environment of BusinessMarketing Research
Financial ManagementManagement of Information System
MBA Semester III Syllabus
Business Ethics & Corporate Social Responsibility
Strategic Analysis  
Legal Environment of Business
Elective Course  
MBA Semester IV Syllabus
Project StudyInternational Business Environment
Strategic ManagementElective Course

India’s Top MBA Colleges

The number of MBA colleges in India stands at about 5,000. A student’s choice of an MBA college is determined by their interest in a particular MBA specialization, the location, the fees, the infrastructure, and the marks they achieve in the entrance exam. Top-ranked and Tier 1 MBA colleges have very strict admission criteria, which makes them very tough to get into. In order to obtain the best scores on CAT or GMAT, one needs to put in a lot of effort.

Getting into Tier-2 or Tier-3 MBA programs, on the other hand, is easier. Compared to some of the creme colleges such as IIMs, XLRI, MDI, SPJIMR, FMS, IMT, etc., their cut-offs are lower. Below, you will find a list of top MBA colleges according to their location and entrance requirements.

Rankings and Placements of TOP MBA Colleges

Here are the top 30 MBA colleges ranked by MHRD-NIRF for 2020. In addition, the average CTC offered during the latest campus placements are listed.

MBA InstituteMHRD-NIRF Ranking 2021Average CTC Ranking
IIM Ahmedabad1Rs 26.12 LPA
IIM Bangalore2Rs 26.18 LPA
IIM Calcutta3Rs 29.00 LPA
IIM Lucknow4Rs 26.00 LPA
IIT Kharagpur5Rs 18.44 LPA
IIM Kozhikode6Rs 22.50 LPA
IIM Indore7Rs 23.60 LPA
IIT Delhi-DMS8Rs 22.69 LPA
XLRI Jamshedpur9Rs 25.08 LPA
MDI Gurgaon10Rs 22.05 LPA
IIT Bombay-SJMSOM11Rs 21.96 LPA
IIT Roorkee-DOMS12Rs 10.58 LPA
NITIE Mumbai12Rs 20.88 LPA
IIT Madras-DOMS14Rs 14.38 LPA
IIM Trichy15Rs 14.85 LPA
IIT Kanpur16Rs 12.77 LPA
IIM Udaipur17Rs 13.19 LPA
SPJIMR Mumbai18Rs 15.11 LPA
IIM Raipur19Rs 15.20 LPA
IIM Ranchi20Rs 14.69 LPA
IIM Rohtak21Rs 13.74 LPA
SIBM Pune22Rs 19.56 LPA
GLIM Chennai23Rs 11.00 LPA
SVKM’s Narsee Monjee Institute of Management Studies24Rs 18.33 LPA
ICFAI Hyderabad25Rs 7.00 LPA
IIFT Delhi26Rs 21.08 LPA
TAPMI Manipal27Rs 11.20 LPA
IMI Delhi28Rs 12.77 LPA
IIT-ISM Dhanbad29Rs 14 LPA
IIM Shillong3019.17 LPA

MBA Skills

Good communication and leadership qualities are important skills for a manager since they are expected to oversee a team of professionals. A list of some skills required for an MBA/PGDM can be found below:

MBA Skills Required
Business acumenGood communication skills
Problem-solving SkillsManagement skills
Strong mathematical skillsResearch oriented
Analytical thinkingLeadership qualities
Important detail Ability to work under pressure &  Goal-oriented person

Salary and Jobs for MBA

An MBA degree holder has the opportunity to take on managerial and team leadership roles within a department. Typically, a manager is responsible for planning, strategizing, executing, leading the team, liaising with clients, coordinating with other departments, delegating work and responsibilities, and reporting to higher authorities. The following are some of the top jobs that follow an MBA and their corresponding pay:

MBA JobsAverage Salary
Finance ManagerRs 9.6 lakh per annum
Marketing ManagerRs 10 lakh per annum
Sales ManagerRs 10 lakh per annum
Human Resources ManagerRs 4 lakh per annum
Operations ManagerRs 7 lakh per annum
Product ManagerRs 15 lakh per annum
Data Analytics ManagerRs 14 lakh per annum
Digital Marketing ManagerRs 4.5 lakh per annum
Advertising Sales ManagerRs 8.5 lakh per annum
NGO ManagerRs 5 lakh per annum
Project ManagerRs 13 lakh per annum
Telecom ManagerRs 7 lakh per annum
Logistics &Transport ManagerRs 6 lakh per annum
Infrastructure ManagerRs 11 lakh per annum
International Business ManagerRs 9 lakh per annum
Risk ManagerRs 10 lakh per annum
Energy & Environment ManagerRs 6 lakh per annum
Import & Export ManagerRs 6 lakh per annum
IT & Systems ManagerRs 7 lakh per annum
Healthcare & Hospital ManagerRs 4 lakh per annum
Materials ManagerRs 6 lakh per annum
Retail ManagerRs 5 lakh per annum
Supply Chain ManagerRs 8 lakh per annum
Public Policy ManagerRs 7 lakh per annum

MBA Program: Top Companies

Today’s job market is huge for MBAs. MBA graduates are highly sought after across all industries and in all domains. On completion of their full-time MBA degree program, most MBA institutes assist their students with campus placement for a smooth career start.

No matter what size the organization, private or public, MBA degree holders are hired to perform a variety of functions. Some of the top companies hiring MBA graduates via campus placements are listed below:

MBA Top Companies
BCGCitibank
DeloitteITC
AvendusSamsung
MahindraITC
RelianceVodafone
ICICI BankEXL
HDFCLarsen & Tubro
JP Morgan Chase & Co.HSBC
PWCPhilips
McKinsey & CompanyNestle
Aditya Birla GroupCipla
RPGFlipkart
TataSaint Gobain
TASCrisil
WiproCredit Suisse
MicrosoftBajaj
AccentureInfosys
MicrolandGAR
AmazonPidilite
Asian PaintsMcKinsey&Company

PhD (Doctor of Philosophy)

business administration degree

A Ph.D. is a business administration degree is a doctoral degree that focuses on academics. It usually takes three years for a Ph.D. student to complete the course, and a maximum of five to six years is allowed to finish the course. Some institutes, however, offer longer courses than others. To pursue a Ph.D., you need to possess a master’s degree.

A Ph.D. program can be pursued in any field. A Ph.D. program entails a lot of research on a single subject or topic, as well as answering any questions about that subject or topic.

The candidate could previously pursue their Ph.D. course through distance education; however, according to a circular issued by the UGC in 2017, the course will no longer be recognized.

While pursuing a Ph.D. program, candidates who have cleared entrance exams such as UGC NET, GATE, and JEST are usually offered, fellowships. Furthermore, a number of universities, including IGNOU and Delhi University (DU), provide fellowships to students pursuing full-time Ph.D. degrees with them.

Below is a list of popular Ph.D. programs that candidates can pursue:

Ph.D. Courses in Humanities
Ph.D. in HumanitiesPhD Economics Ph.D. in Public Policy
Ph.D. in Social WorkPh.D. in Psychology Ph.D. in Social  Science
PhD in Public and Economic PolicyPh.D. in Humanities & Social Sciences PhD in Physiology  
Ph.D. in EnglishPh.D. in Arts PhD in Politics &  International  Relations
PhD in Life Science and   Humanities    PhD Geography PhD in Literature
Ph.D. Courses in Engineering
Ph.D. in EngineeringPhD in Technology and Engineering PhD in Ceramic  Engineering
Ph.D. Program in Quantitative TechniquesPh.D. in Genetic Engineering Ph.D. Electronics &     Communication     Engineering
PhD Computer Science EngineeringPhD in Marine Biotechnology Ph.D. in Automobile     Engineering and    Aeronautical  
Ph.D. in Information TechnologyPh.D. in Civil Engineering Ph.D. in Production  Engineering
PhD in Communication and Engineering ElectronicsPhD in Chemical Engineering PhD in Mechanical  Engineering
Ph.D. Courses in Commerce
Ph.D. in Financial Management and AccountingPhD in Commerce Management
Ph.D. Courses in Science
Ph.D. in ChemistryPhD in Zoology PhD in Science
Ph.D. in BiosciencePh.D. in Mathematics Ph.D. Biotechnology
Ph.D. in Computational Sciences and MathematicalPhD in Environmental Science and Engineering PhD in Polymer and  Technology Applied     Chemistry
PhD in Applied SciencesPh.D. Zoology Ph.D. in Physics
PhD in Basic and Applied SciencesPhD in Bioinformatics PhD in Clinical    Research
Ph.D. Courses in Business & Management
Ph.D. Business AdministrationPhD in Management   Ph.D. in Commerce
Ph.D. in Supply Chain Management and LogisticsPh.D. in Financial Management and Accounting Ph.D. in Brand  Management and  Marketing
Ph.D. in Aviation ManagementPh.D. in Commerce and Management
Ph.D. Courses in Teaching & Education
Ph.D. in TeachingPhD in Education
Ph.D. Courses in Law
Ph.D. in LawPh.D. in Legal StudiesPh.D. in Governance and Law
Ph.D. in Constitutional Law

Skills Required for a PhD

business administration degree

Aspirants to pursue a Ph.D. should have a great deal of passion for the subject/field they wish to study. To pursue a Ph.D., candidates must possess the skillset and dedication they need, as well as be extremely hardworking and dedicated. Candidate should also be able to perform research and present the results of their work.

In order to pursue a Ph.D., candidates need to be fast and good at presenting their ideas and findings, so they should also have good writing capabilities and knowledge of written communication.

Here are a few skills that a Ph.D. candidate should possess:

Inquisitive Good at research
Dedicated Hard-working
Good writing capacity Organised
Self-motivated Keen observer

Criteria for PhD Eligibility

Ph.D. candidates must have successfully completed their master’s degree in a relevant field or stream in which they intend to pursue a Ph.D. Candidates may also need to complete an MPhil before they are eligible to apply for a Ph.D. program at some colleges.

Candidates who intend to pursue a Ph.D. in Engineering need to have a valid GATE score. Many colleges also state that candidates who have cleared the UGC NET are qualified for their Ph.D. programs.

Ph.D. candidates are divided into several categories. Some of the types of Ph.D. candidates are listed below:

Research Scholars Full-Time

business administration degree

Fellowship Recipients in Government/Semi-Government

The government offers financial assistance to Ph.D. students who fall under this category.

Teaching assistants for institute research scholars

Aspirants within this category of Ph.D. scholars will receive Institute Teaching Assistantships according to the policy of the Ministry of Human Resources and Development.

Candidate who is self-financed (Indian/foreign)

Indian self-financed: A seat in a doctoral program is offered to self-financed Indian candidates based on their achievements and experience. The institute offers admissions into Ph.D. programs for such candidates by putting them through its normal admission process for PhDs. Nevertheless, they do not offer the candidates any financial assistance.

Foreign self-financed: MHRD, the Government of India, and other necessary approvals are required to grant admission to self-financed foreign candidates through India’s embassy in their country.

Candidates Sponsored

Applicants tend to be sponsored by institutions (recognized) for full-time research; these Ph.D. scholars work at the institutes on a full-time basis.

Study Leave Candidates

The Government, companies, and educational institutes provide study leave to aspirants in this category for a duration of fewer than three years in order to permit them to perform research at the specified institute. For admission as a Ph.D. scholar in this category, the candidate must provide an official letter of leave from the candidate’s institute/company.

Awarded by the ICCR

The Indian Council of Cultural Relations (ICCR) awards Ph.D. seats to foreign scholars who have been awarded scholarships by their home governments.

 

Research Scholars part-time

A candidate seeking admission to a department as a part-time research scholar may be offered admission into one of the following categories:

·      Assistants for research

·      Faculty/Institute staff

·      Project Staff

·      External Sponsored Candidates

PhD Admissions Process

business administration degree

For admission to research or Ph.D. programs, applicants should follow the below-mentioned steps:


Step 1:
Go through the details of the Ph.D. courses offered by the institute and select the research area in which you want to specialize.

Step 2: After reading the admission advertisement in the newspaper or looking at the official website of the university, candidates will need to fill out the application form for admission to the course of their choice. There is usually a notification of admission 4-5 months in advance.

Step 3: Next, candidates will need to complete and submit their application forms as specified by the educational institute. To be considered for admission to a Ph.D. program, candidates also need to submit a completed application form and pay the required application fee on time.

Step 4: As part of the application, some educational institutions also specify that candidates need to submit a research proposal. Applicants submit an application form and a research proposal to the Institute’s Research Unit where they are evaluated.

Step 5: After the Ph.D. application form has been scrutinized, most of the educational institutes shortlist the names of the students who will be required to take the entrance exam and other admission rounds used for shortlisting students.

Step 6: On the basis of the admission rounds, business administration degree candidates selected for Ph.D. programs are assigned supervisors/ guides to guide their research.

Structure of the Ph.D. course

Following are the steps to be considered for a Ph.D. degree if you are pursuing a Ph.D. course:

  1. After students have been accepted into PhD programs offered at educational institutes, they must submit a research proposal and a research topic.
  2. Candidate researchers are assigned a supervisor or guide.
  3. After this, the Research Programme Coordinator/Guide/Supervisor explains the Course Work, evaluation methodologies and teaching schedule.
  4. Students performing research at educational institutions are usually required to submit progress reports every six months.
  5. As part of their tenure as a Research Scholar, a Research Scholar is required to present at least two seminar papers and submit a Certificate on the format prescribed by the Research Unit.
  6. The next step for PhD students is to submit a certificate in the prescribed format and at least one research paper to a refereed journal before they submit their PhD thesis.
  7. Before submitting their thesis, aspirants will participate in a Pre-submission Seminar with their supervisor or guide. The seminar will be open to everyone. The supervisor will ensure that the candidate incorporates all the suggestions in the final thesis. A report will be submitted as part of this seminar, which will include suggestions for improvement.
  8. At least 45 days before submitting the thesis, candidates must incorporate all the changes and provide a summary of their thesis to their supervisors or guides.
  9. Candidate’s thesis must be submitted in hard copy as well as in digital form. An external expert will examine this thesis. A candidate must re-submit a modified thesis if any expert suggests any changes to the paper submitted in the initial submission.
  10. Candidates then present their points of view in a viva voce, where they argue openly for and against their thesis.
  11. Only those candidates who achieve perfection throughout these stages will be awarded a doctorate.

Frequently Ask Questions (FAQ)

Why should I choose BBA?

Students who are interested in an analytical and competitive course should consider BBA. The candidate should be able to gain an understanding of financial, economic, operational, and human resources concepts. Those who have an interest in pursuing a degree program and a career path in corporate management can also enroll in the program.

Does mathematics have to be studied in 10+2 to pursue BBA?

10+2 varies from college to college. Some colleges have strict rules regarding this, while others don’t have any. It is preferred that candidates possess a good grasp of Mathematics at the higher secondary level regardless of their eligibility criteria. In order to succeed in the BBA curriculum, students need to have strong mathematical abilities. 

What are some other courses that I can choose similar to BBA?

There are a number of business programs that are similar in design to BBA but have different names. Bachelors of Management Studies (BMS), Bachelors of Financial Investment and Analysis (BFIA), Bachelors of Business Economics (BBE) are examples of those programs. The IPM program for BBA is another title for BBA, which combines the two programs into a five-year program. Five years is the duration of both the BBA and the MBA, giving a total course duration of five years. 

What is the duration of the full-time BMS program?

The duration of a full-time or correspondence BMS program is three years in India.

What are the chances that I can get a well-paying job with a BMS degree?

No, BMS degree jobs are typically junior-level roles with low salaries. After a few years on the job and promotion, salaries increase.

What should I do after BMS?

BMS graduates can pursue an MBA, PGDM, CA, CS, or ICWA degree after completing the program. Competitive exams and bank exams can also be taken by them

What are the requirements for an MBA?

An MBA requires graduation as an eligibility criterion. Most colleges, however, require minimum graduation marks to be obtained ( 50% for general candidates and 45% for SC/ST candidates) or an equivalent degree from a recognized university.

How do I get an MBA admission?

In order to qualify for an MBA, you must take an entrance exam, participate in a group discussion, and conduct a personal interview. The graduation score is often the sole criterion for admission to colleges. Candidates who wish to enroll in MBA courses must complete an application form and follow the admission process.

What is a Ph.D. program?

A doctoral degree is known as a Ph.D., and students must have completed a master’s degree prior to applying for a doctoral degree.

Does getting a Ph.D. take a long time?

The average Ph.D. course takes 5 to 6 years. The duration of the program may vary depending on the institution.

Is it possible to finish my Ph.D. in four years?

Depending on the chosen degree and institute, a student can complete his/her Ph.D. in four years.

For Ph.D. admission, am I required to take an entrance exam?

Not at all. Ph.D. students do not need to take any entrance exams in order to qualify for admission.

In order to qualify for a Ph.D. fellowship, how do I apply?

As a student, you can get fellowships by taking and passing the UGC-NET, GATE, and others.


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