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What is MBA all about and Different Types of MBA Courses Explained 30 Oct 2020

| Updated: Apr 13, 2020, 13:17 IST

MBA full form is Master of Business Administration and it plays a crucial role in everyone's life to succeed in the business world. But, the benefits of MBA is not limited to business and also works in plenty of other areas. Read here the various MBA Courses and types of MBA in a detailed manner. Moreover, you can get to know the details of MBA Subjects, how to apply for MBA, and much more.


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What is MBA all about and Different Types of MBA Courses Explained 30 Oct 2020

What is MBA all about and Different Types of MBA Courses Explained 30 Oct 2020

Can I do MBA Courses to become a Master in the business world?

Want to become a master? Don’t have an idea of how to become a master? Worry not, MBA is here. Yes, MBA is the key to learn business objectives which will help you to be a successful person in business and management. Having an MBA degree is an added advantage to everyone who wants to do an achievement in various fields such as the government, private sector, business, and management. Have you ever wondered to know the MBA details, the full form of MBA degree, course details of MBA, and so on? This is the article which explains the ins and outs of the MBA Degree and as well as you can know the MBA course details. In addition to this, you can read about the benefits of MBA and its duration, course fees in a detailed manner. 
 

Degree

MBA or M.B.A.

Degree Level

Master’s Degree or Postgraduate degree

MBA Full form

Master of Business Administration

Originated in

United States in the early 20th century

Core Courses of MBA Program

  • Accounting

  • Applied statistics

  • Business communication

  • Business ethics

  • Business law

  • Finance

  • Managerial economics

  • Management

  • Entrepreneurship

  • Marketing and operations

What MBA is

Terminal and Professional degree

Full-time MBA Duration

Two academic years

Entrance exam for admissions into MBA programs

  • Graduate Management Admission Test (GMAT)

  • Graduate Record Examination (GRE)

  • Common Admission Test (CAT)

  • Xavier's Admission Test (XAT)

  • Narsee Monjee Admission Test by GMAC (NMAT by GMAC)

  • Indian Institute of Foreign Trade (IIFT)

  • Symbiosis National Aptitude Test (SNAP)

  • Common Management Admission Test (CMAT)

  • Management Aptitude Test (MAT)

  • AIMS Test for Management Admissions (ATMA)

  • ICFAI Business School Aptitude Test (IBSAT)

  • Maharashtra Common Entrance Test (MAH-CET)

  • MICAT

  • Institute of Rural Management Anand (IRMA) Admission test

State Level Entrance Exam for MBA

  • KIITEE Management Test (KIITEE MBA)

  • Odisha Joint Entrance Examination (OJEE) MBA

  • Telangana State Integrated Common Entrance Test (TSICET)

  • Karnataka Management Aptitude Test (KMAT)

  • Andhra Pradesh - Integrated Common Entrance Test (APICET)

  • Tamil Nadu Common Entrance Test (TANCET)

Institute Level Entrance Exam

  • Tata Institute of Social Sciences National Entrance Test (TISSNET)

  • HP University Management Aptitude Test (HPU-MAT)

Career choices after MBA

  • Business analyst or strategist

  • Business development analyst, associate, or manager

  • Director (of a department)

  • Entrepreneur/founder

  • Portfolio manager

  • Project, product, or program manager

  • Operations analyst, associate, or manager

  • Financial analyst

  • Management consultant

  • Marketing associate, analyst, or manager

What is MBA all about?

As we know that MBA is a Master of Business Administration which is a widely-recognized degree. Master of Business Administration is designed to develop the skills needed for careers in fields such as business and management. The value and benefits of MBA are not limited. MBA is an internationally-recognized degree and as well as it's a professional degree program in the worldwide. There are nearly 2,500 MBA programs are provided in all over the world and in this, most are offered in the English language. The following section describes MBA degree and MBA full form in a brief manner,

  • Useful in gathering a strong theoretical knowledge of business concepts
  • MBA offers practical opportunities in the form of internships, individual projects, and group assignments so that students can recall what they’ve learned in the class.
  • Helpful in building strong leadership and management skills.
  • Useful for getting career opportunities globally.
  • Offers skills to start an independent business after being an MBA graduate.
  • In addition to the above, the MBA graduates can develop their soft-skills such as motivation, communication, and negotiation. 

What is the Full form of MBA?

Looking for the full form of MBA degree? It’s nothing but the MBA full form is Master of Business Administration. MBA is a postgraduate degree that helps students to become experts in business management in both small businesses and a big one. MBA degree is recognized as a well-known professional degree by the top employers in India and as well as abroad. Most of us would like to study an MBA degree but the thing is we are getting confused about choosing the best which meets our career goals. This is because MBA (Master of Business Administration) comes in different shapes, sizes, and formats. Most of us might think that what the need of MBA is. Answering this question is simple but the thoughts vary from one person to another.
 
Having an MBA degree helps the persons to gain and sharpen their skills in the field of management and business. Additionally, one can do their MBA degree in various forms such as full-time, Part-time, and distance-learning basis. If you're doing an MBA course on a full-time, then the duration is two academic years. Here is the detailed duration of various MBA programs,

 

Type of MBA Program

Completion Time

Full-time MBA

2 years

Online MBA

1 to 2 years

4+1 MBA

5 years

Evening/Weekend MBA

2 years or more

Executive MBA

1 to 2 years

DBA

3 to 6 years

Part-time MBA

Usually 3 years

Specialty Master’s

2 years

Joint Degree

3 to 4 years

Accelerated MBA

12 – 18 months

Ph.D.

4 to 5 years

Executive Education

Several days to several months

Why is MBA Important?

Are you interested in doing an MBA degree? Would you like to know the details of MBA courses and fees? If yes, here it is. You might think that what is the importance of MBA and why should one have that degree. The reason behind this is so many. The following section explains the convincing reasons for the importance of MBA.

Increased hiring opportunities

An MBA graduate can get more opportunities to work in different fields as an MBA graduate is a valuable asset to any organization.

Good and High Pay

The package for the MBA Graduates is really good. Moreover, one can get good opportunities to explore in different fields which includes Finance, Marketing, Operations, Human Resources, International Business, and IT. Some of the popular job roles for an MBA graduate is as follows, 

  • Business Manager
  • Human Resource Specialist
  • Accounts Executive
  • Public Relations Specialists

Chances for building your Network

As an MBA graduate, you can get the chances of expanding your professional and social network. This is because you'll get opportunities to communicate with the business professionals during the MBA course. 

Key to a promising career

Management plays a major role in every organization whether it's small or a big one. Thus, if a candidate is having good managerial and leadership skills, they can easily get a job in top companies.

Helps to develop your critical thinking

An MBA graduate can get chances for developing their critical thinking as case studies, business presentations, and other curriculum activities were involved in the MBA program or MBA Courses.

International Job Opportunities

MBA graduates enjoy the benefits of exploring job opportunities internationally as multinational companies always look for the candidates who are strong in leadership and managerial skills with the good academic record.

These are the reasons which describe the importance of MBA and hope you’ve read about the MBA full form in this article.

How to achieve success in MBA Courses?

Anyone can study MBA but the thing is one has to achieve success in their career. Here is how to achieve success in MBA courses. One who is strong in the following can achieve success in their MBA courses. Hence, the chances of getting placement opportunities are high. Let’s read the following and complete your MBA programs easily.

  • Be creative even under deadlines
  • Communicate your ideas clearly in all the situations.
  • Manage your time efficiently.
  • Develop good working relationships and build your professional network effectively.
  • Maintaining the high-energy level is important
  • Know what you want to get and keep a focus on your goals and objectives

Follow the aforementioned things effectively to achieve success in your MBA program.

What are the different Types of MBA?

Have you wondered to know the different types of MBA? Alright! We all are aware of that MBA full form is Master of Business Administration but most of us are not knowing the different types of MBA. Want to know the types of MBA Courses. If so, then this is the place to gather knowledge about the different types of MBA streams available in India. From this available list of MBA Courses, you can select the one which meets your working profile and area of interest. Check below the list of different types of MBA degrees,
 

Types of MBA Courses

Explanation

Full-time MBA

Two academic years. This is best suited for who wants to complete their MBA degree full-time and in a little while

Part-time MBA

This suits the working professionals

Executive MBA

It is for the experienced professionals who wish to sharpen their managerial skills and leadership qualities

Dual MBA

Who wants the MBA course clubbed together with the stream they wish to pursue.

Distance learning MBA

For those who like to study out of the campus (i.e. from wherever they would like to study)

One-year vs two-year MBA Program

Those who have a greater experience in management and can't take a break from their work can go for this.

How to get the MBA Course Details for free?

Nowadays, it’s quite easy to know the MBA course details as there are so many sources are available to acquire the needed information. As we know that there are various MBA courses are available to choose from. Hence, one can pick the best which meets their interest. Okay, let’s read the various MBA Courses available in India and across the world. Once, you’ve read the complete list of MBA Courses, choose the one that fits for you so you can be a master in the appropriate field.
 

Masters - Management

MBA in International Business, Operations Management, Marketing Management, Human Resource Management, Hospital Management, Telecom Management, Hospitality Management, Retail Management, Master of Business Administration (MBA), Banking Management, Business Analytics and Intelligence, Business Leadership, E-commerce Marketing and Management, Financial Planning and Analysis, Foreign Trade and Global Business Management, International Marketing, Investment Banking and Wealth Management, Project Leadership and Management, Risk Management, Entrepreneurship and Leadership, Finance and Accounting, Insurance Management, Marketing and Sales, Operations and Production Management, Logistics and Supply Chain Management, General Management, E-Business Management, Hospital Administration, Entrepreneurship, Strategic Management, Master in Risk Management, Master in Human Resources and Organization, Master in the Science of Public Administration, Master in International Business Administration, Innovation Management, Investment Management, Pharma Management, Strategic Finance, Finance Management, Management, Master of Public Administration, Business Analytics, and Rural Management

 

Masters - Technical

  • MBA in Oil and Gas

  • MBA in Power Management

  • MBA in Petroleum and Natural Gas Management

Masters - Information Technology

  • MBA in Information Technology Management

  • MBA in IT and Systems

  • MBA Management Information Systems

How many Subjects will be there in MBA?

Generally, we all are curious to know about the various subjects for the course which we are going to study. The same applies here in MBA as well. Anyone who is interested in knowing the list of MBA Subjects and MBA Full form can read further below. Please note that the subjects will be varying for the full-time and part-time program. And, MBA aspirants will be studying diverse subjects during their course duration of two academic years. Moreover, the subjects are different for the first year and second year of the MBA course. The below section describes the various subjects come in MBA programs.

Term I subjects include the following, 

  • Managerial Economics
  • Marketing Management - I
  • operations Management - I
  • Organizational Behaviour
  • Quantitative Techniques in Management
  • Managerial Accounting - I
  • Communication for Managers
  • Research Methodology

Term II subjects include the following subjects,

  • Financial Management - I
  • Macro Economics    
  • Human Resource Management
  • Marketing Management-II
  • Managerial Accounting-II
  • Operations Management–II
  • Communication for Managers-II
  • Management Information Systems
  • Operations Research

The following are the subjects for Term III

  • Business Ethics
  • Indian Economy in Global Context
  • Business Laws
  • Strategic Management
  • Managing Social Projects
  • Financial Management-II

MBA (FT) core courses - Second-year subjects and MBA Finance Electives for the second year are as follows, 

  • Dissertation
  • MBA FT Electives
  • Bank Management
  • Derivative & Risk Management
  • International Finance
  • Investment & Portfolio Management
  • Investment Banking
  • Management of Financial Services
  • Project Planning & Control
  • Valuation
  • Financial Modelling Using Spreadsheets    
  • Behavioural Finance

The MBA FT Marketing Electives and FT Operations Management for the second year are given below, 

  • Business-to-Business Marketing
  • Consumer Behaviour
  • Customer Relationship Management
  • Marketing Research
  • Integrated Marketing Communication
  • Internet Marketing
  • Marketing Channel Management
  • Retail Marketing
  • Rural Marketing
  • Sales Management
  • Services Marketing
  • Strategic Brand Management

MBA FT Operations Management Electives

  • Logistics Management
  • Lean Six Sigma
  • Supply Chain Management
  • Total Quality Management
  • Operations Management in Services

Here are the electives for MBA General Management and Organizational Behaviour for the second year,

  • FT (General Management)
  • Management Consulting
  • FT (Organizational Behaviour)
  • Personality Development and Business Etiquette

These are the subjects that will be coming during the course study of MBA. 

How do I apply for an MBA?

Deciding to apply for an MBA? Looking for the steps to apply for MBA courses? Here it is. One who wants to apply for an MBA should know few things. Additionally, they should be ready with a few documents that are mentioned below. Alright! Let’s read how to apply for an MBA to get into the MBA programs.

  • Register and prepare for the GMAT or other entrance exams.
  • Get to know yourself personally, academically, and as well as professionally.
  • Connect and keep in touch with the possible recommenders.
  • Finalize your school selection and plan for the deadlines.
  • Complete the gaps in your resume if any to strengthen your application.
  • Get an expert help on your applications.

Keep in mind the above points and apply for the MBA course to strengthen your managerial skills and leadership activities.

Materials needed to apply for an MBA Admission

Are you confused about the list of documents to be submitted for MBA admissions? Worry not, here in this article, we have listed the various documents to be submitted for getting an admission into MBA programs.

  1. Take two copies and original document of Demand Draft in the favor of JSS CMS-MBA Account, Mysore.
  2. Original and five copies of Passport Size Photographs(White Background)
  3. Two copies and original of SSLC Marks Card/10th
  4. Two copies and original of PUC Marks card/12th
  5. Submit an original and 2 copies of Graduation/Degree Marks card (all semesters) 
  6. Two copies and original of Provisional degree certificate.
  7. Original and two copies of the following, 
  8. Caste certificate
  9. Parents Annual Income certificate (SC/ST/OBC/Others)
  10. Conduct certificate
  11. Migration certificate

Don’t forget to keep the above-mentioned documents with you at the time of applying for an MBA Admission.

Alright, above we have discussed a lot about the MBA and now you come to know the MBA full form. Keep checking our site to gather knowledge about the best MBA colleges in India and much more. 
 

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