Introduction to MBA
The Master of Business Administration (MBA) is an internationally recognised postgraduate degree that is designed to develop the skills required for careers in business and management. The value of an MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry and other areas.
The MBA is currently the most popular professional degree course in the world. Part-time and online courses are also widely available and are extremely popular across the nations. Both traditional and part-time MBA programmes are equally popular and are accepted by all the aspirants according to their requirements.
Few lines about Part-time MBA
The part-time MBA is a 3-years postgraduate course that is divided into 6-semesters and the part-time MBA course is equivalent to the regular MBA course. The course is best suited to meet the requirements of MBA aspirants who are looking for a part-time MBA course. The course is designed in accordance with the latest and contemporary needs of the business world. The course curriculum includes a brief study of old but relevant business techniques that are still beneficial.
The course covers a wide range of business fields like accounting, marketing & management. An MBA degree is not limited to a career in management so those interested in pursuing a career in the private, government & public sector can also benefit with an MBA degree.
Eligibility
The students who have completed their degree in any stream with 50% aggregate from recognised university are eligible to apply for Part-time MBA course.
Admission Procedures
The students can take admission to Part-time MBA by two modes. The first one is merit-based admission and second one is direct admission.
Merit Based Admission
The students interested in merit-based admission for part-time MBA courses are required to appear for entrance exams conducted at national and international levels. The students have to appear and qualify these entrance exams in order to get merit admission to MBA courses.
| Name of Exam | Conducting Authority | Month |
|---|---|---|
| CAT | Indian Institutes of Management | November |
| SNAP | Symbiosis Institute of Management | December |
| PGCET | Karnataka Examinations Authority (KEA) | July |
| ATMA | Association of Indian Management Schools | May |
| NMAT | Graduate Management Admission Council | October |
| MAT | All India Management Association | June |
| XAT | Xavier School of Management | December |
Direct Admission
The students have another option of getting admission to a part-time MBA course by direct admission process. Under this mode of admission, the students are given direct admission to their desired colleges and deemed or private universities under management quota. The direct admission students enjoy many special privileges like that they are not required to apply for any entrance exam for getting admissions. They have an option to choose their desired colleges and universities and book their seats in advance even before the starting of the academic year. The students who are interested in direct admissions are required to contact Galaxy Educational Services for more details.
Course Curriculum
The students of part-time MBA courses will be studying the following subjects in their course duration.
| Sl No | Subjects of Study |
|---|---|
|
1. |
Finance for Non-Finance |
|
2. |
Joy of Management |
|
3. |
Micro Economics |
|
4. |
Business Statistics |
|
5. |
Marketing and Consumer Behaviour |
|
6. |
Excel Spreadsheet Modelling |
|
7. |
Organisational Behaviour |
|
8. |
Marketing of Products and Services |
|
9. |
Financial Reporting and Analysis |
|
10. |
Business Research Methodology |
|
11. |
Operation Research |
|
12. |
Macro Economics & Policy |
|
13. |
Business Communication & Presentation Skills |
|
14. |
Costing Products and Services |
|
15. |
Synthesizing and Analysing Data Using R |
|
16. |
Managing Operations and Supply Chain |
|
17 |
Human resources Management |
|
18. |
Indian Banking and Financial Markets |
|
19. |
Managing Stakeholders and legal Processes |
|
20. |
Managing Financial Resources |
|
21. |
Bringing Ideas of Market |
|
22. |
Strategic Management |
|
23. |
Project Management |
|
24. |
Management of Design |
|
25. |
Business Model and Intellectual Property |
|
26. |
Leveraging IT for Business |
|
27. |
Corporate Governance and Social Responsibility |
|
28. |
Analysing and Mitigating Research |
|
29. |
Applied Business Research |
|
30. |
Problem Solving and Consulting Skills |
|
31. |
Capstone Simulation |
|
32. |
Ethics and Indian Ethos |
|
33. |
Integrated Decisions Making |
|
34. |
Leadership Development |
|
35. |
Applied Business Research Project |
Career and Scope
There are ample job opportunities for part-time MBA students. The demand is increasing day by day and continues to thrive in the future. Many organisations are coming up with new job roles and MBA students are largely preferred.
Salary and Emoluments
The fresh part-time MBA students will be easily earning around 6 lakhs to 8 lakhs per annum. The experienced professionals will be earning around 8 lakhs to 25 lakhs per annum.
Top Organisations hiring MBA students
Some of the top organisations hiring MBA students are:
- Accenture
- Flipkart
- Amazon
- TCS
- Infosys
- Fidelity Solutions
- JP Morgan Chase
- Goldman Sachs
- Rolex
- BMW
- Porsche
- Capgemini
- Cognizant
- Emirates
- Microsoft
Placement Opportunities
Some of the job roles available are:
Marketing Managers: The marketing managers are business executives who help to oversee the company's marketing campaigns and coordinate the efforts of the company's marketing employees. They also are responsible for figuring out how high the demand would be for a potential product or service and determining who might be interested in purchasing that product or service. Marketing managers can contribute to discussions about whether a business idea is viable and they may be involved with setting an appropriate price for that product or service. They often come up with strategies on how to attract consumers and increase sales.
Financial Manager: A business cannot run without money and a company that does not spend its money wisely can die quickly. That is one reason financial managers – the business executives who monitor a company's budget and decide where to make financial investments – are usually exceptionally well-compensated and also are highly employable professionals.
Management Consultant: The management consultants’ job is to advise companies on their management practices and identify problems within the organisation that may be holding the company back from reaching their goals. Many management consultants are self-employed, while others work for large firms. According to the Institute of Management Consultants, about 27% of consultants are self-employed. This is an ideal arrangement for many MBAs – a flexible career path with high earning potential.
Operations Manager: An operations manager is sort of a company’s jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments and policy creation. Responsibilities may also include hiring employees and negotiating contracts. However, this job will vary depending on the organisation and expectations of the CEO. Therefore, this position requires a great deal of flexibility and multitasking.
Final Lines
There is a huge demand for MBA both regular and part-time. Many aspirants choose part-time MBAs over regular MBAs because of their financial conditions. The skilled professionals are largely hired in organisations in managerial positions. The MBA students are paid handsome salaries and also have an excellent opportunity to grow in their careers. The students interested in managerial positions can join this course.