MBA: Full Form, types of MBA, MBA Course, MBA Eligibility Criteria

What is MBA?

MBA stands for Master of Business Administration. It is a postgraduate business degree that is offered by universities and colleges around the world. The courses offered in MBAs vary from university to university, but they typically include subjects such as accounting, finance, marketing, and management. MBA provides an opportunity for individuals to enhance their leadership abilities, strategic thinking, and problem-solving skills.

Application Invited for MBA 2024 at NDIM – New Delhi Institute of Management through MAT/CAT Apply Now

Here are some key details regarding what is MBA including its full form:

MBA full form	Master of Business Administration
Degree	Masters or Post Graduate
Duration	Two years
Course types	Full-time MBA, Online MBA, Executive MBA, and Part-time MBA
Specializations	Finance, Marketing, Operations, Human Resource Management, Consulting, Business Analytics, Entrepreneurship, Supply Chain Management, Energy, and Technology
Popular Entrance Exams	CET, CAT, CMAT, XAT,
Top Business Schools in India	Some of the top MBA colleges in India IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI Jamshedpur, ISB, SPJIMR Mumbai, IIM Lucknow , NDIM Delhi
types of MBA	Full-time, Executive, Part-time, Online
Job Profiles	Finance Manager, Marketing Manager, Sales Manager, Human Resources Manager, etc.
Average Salary	INR 5 LPA - INR 25 LPA

Which are the types of MBA courses?

Master of business administration (MBA) programs come in all shapes and sizes. There are a few types of MBA courses that are more popular than others based on the value of each:

Full-time, Executive, Part-time, Online

MBA Course Details

MBA is a two-year postgraduate programme that offers vast career opportunities after course completion. An MBA degree prepares students for leadership roles in the business world and enables them to find work in varied industries. Below is the table indicating the MBA course details:

MBA Degree Courses: Eligibility Criteria

The MBA eligibility criteria vary from one institution to another, but there are some common requirements that prospective students must meet. Meeting the eligibility criteria for an MBA is the first step towards pursuing an MBA course and ensures that candidates have the necessary foundation to excel in their studies.

Full-time MBA eligibility criteria are as follows: 

Full-time MBA courses	·         Graduation with 50 per cent average marks in any discipline or equivalent from a recognised university. ·         For reserved category students, the minimum score is 45 per cent in aggregate. Final year graduation students and professionals with CA/CS/ICWAI and other degrees can also pursue full-time MBA
Distance MBA courses	·         Any graduate who has completed a bachelor's degree programme from an accredited university with a minimum of 50 per cent marks can apply for the Distance MBA programme.  ·         There is no maximum age for distance MBA eligibility, but candidates must have passed certified MBA admission exams taken by the colleges prior to admission.
Online MBA courses	·         The eligibility criteria for an Online MBA is graduation from a recognised university. The minimum aggregate score in graduation may vary for different colleges. ·         Some colleges also take into consideration scores of MBA entrance exams like CAT, MAT, XAT, etc. ·         Some colleges also have the mandatory eligibility criteria of two - three years of work experience for an Online MBA.
Executive MBA courses	·         Bachelor’s degree with a minimum of 50 per cent aggregate or equivalent from a recognised university. ·         The candidate must have at least two years of work experience at the managerial or executive level. Work experience in part-time mode is not accepted by any MBA institute. ·         The number of working years viz. the work experience varies from two to five years for every institute. The candidate must check the eligibility criteria of the preferred B-schools before applying.
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If you are looking for a world-class MBA College in Delhi, NDIM is the best option for you. With its strong academic reputation, good placement record, and vibrant campus life, NDIM is sure to help you achieve your career goals.

NDIM, the best MBA college in Delhi has been instrumental in nurturing the dreams of numerous aspiring managers and propelling their ascent up the corporate ladder.

With industry stalwarts leading our Board and guiding students’ education, NDIM stands as the top PGDM college in Delhi, making it the ideal choice for those seeking a rewarding career in project management.

Now, let’s examine the admission and eligibility process for enrolling at NDIM College:

NDIM Admission Process:

·         Step 1: Apply to B-Schools: Apply for CAT/XAT/MAT/CMAT and simultaneously apply to the B-school accepting the scores

·         Step 2: Attend the PI Round: Participate in the personal interview round

·         Step 3: Final Admission: Upon final selection, accept the admission offer. Pay the required fee to secure your admission.

NDIM MBA Eligibility:

1. A Bachelor’s Degree (10+2+3 or 4) in any discipline with a minimum of 50% marks in aggregate or equivalent grades

2. Candidates with business experience will be given additional weightage in the selection process

3. Candidates appearing in the Final year exams can also apply

NDIM Cut Offs

1. MAT: 60-80 percentile

2. CAT/XAT: 60 percentile