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MBA Full Form: Course Details, Subjects, Specialisations, Admission, Fees, Top Colleges, Salary

December 23, 2024 - 4:30
MBA Full Form: Course Details, Subjects, Specialisations, Admission, Fees, Top Colleges, Salary

MBA full form is Master of Business Administration. It’s a postgraduate degree that provides advanced knowledge and skills in business management and leadership. Are you an MBA aspirant who craves to enter the business world equipped with a postgraduation in business application and that too from an esteemed university? The opportunity is open to all young aspirants who would like to enter this complex terrain of constant evolution. This article gives you a comprehensive view of Master of Business Administration (MBA) giving inputs on MBA Course Details in detail. The article covers MBA course details starting from MBA Full Form to answering various questions like What is MBA, What MBA leads to, creating a general idea of MBA Course Duration, MBA Specialisations, MBA Admission, MBA Fees, MBA Eligibility Criteria, MBA Colleges, MBA Salary, and elaborating each section with tables providing a better understanding of MBA suggestive of the article.

MBA Full Form

The full form of MBA is Master of Business Administration. It’s a postgraduate degree that equips individuals with the necessary skills and knowledge to excel in the corporate world. An MBA program covers a wide range of subjects, including AI, finance, marketing, human resources, and operations management.

Amrita AHEAD MBA Programs provide various specialisations covering all the aspects of business management and the foundation-based subjects blended with expert faculty. The MBA curriculum is so versatile that it equips individuals with essential skills like critical thinking, problem-solving, leadership, and communication, crucial for success in today’s dynamic business world.

An MBA can significantly enhance career prospects, open doors to leadership positions, and increase earning potential.

What is an MBA?

MBA is a postgraduate degree program, often aimed at individuals who seek a career in business management. This course forms a thorough foundation for understanding basic business functions that include finance, marketing, human resources, operations, and strategic management for the smooth running of a business.

 Amrita AHEAD Online MBA  is with versatile learning platform designed to equip working professionals with the business knowledge and skills to advance their careers. Ours is a flexible online program that offers a comprehensive curriculum delivered by experienced faculty, enabling you to learn at your own pace and balance your studies with your professional and personal commitments going hand in hand. This article gives you a wide outlook on this postgraduate degree program, providing important MBA course details.

Why Pursue an MBA?

 Amrita AHEAD MBA   significantly enhances the career prospects of aspiring business enthusiasts. This program is designed to equip you with the necessary skills and knowledge to excel in today’s dynamic business environment with a competitive spirit that demands a deep understanding of the market space with greater business acumen. Here’s why you should consider an MBA and why you should affix yourself with such a postgraduate degree. Here are key points about why you should consider pursuing an MBA degree and why you should choose the Amrita AHEAD online MBA program as your first preference.

  1. Comprehensive Curriculum: The  Amrita AHEAD curriculum covers a wide range of business disciplines, including finance, marketing, operations, human resources, and strategic management. Amrita AHEAD This comprehensive knowledge base empowers you to tackle complex business challenges.
  2. Industry-Relevant Skills:  Amrita AHEAD programs are designed to equip you with practical skills that are highly sought after by employers. All subjects apply theoretical concepts to real-world scenarios.
  3. Experienced Faculty: Amrita AHEAD faculty comprises experienced industry professionals and academic experts who bring knowledge and insights to the classroom, which are essential in promoting business acumen in business enthusiasts.
  4. Flexible Learning: Amrita AHEAD offers flexible learning options, including online and blended learning modes, through an LMS platform designed to educate the students in various subjects with weekly online sessions enabling faculty-student interaction for a deeper understanding of subjects in the syllabus.
  5. Strong Alumni Network:  Amrita AHEAD Online MBA Programs connect with a global network of successful alumni who can provide mentorship, career guidance, and business opportunities, thereby fostering the all-round development of business enthusiasts.
  6. Global Exposure: Amrita AHEAD  Online MBA programs offer greater exposure to global business practices and cultures through international case studies International faculties also give lectures to enhance the knowledge and exposure of students through various industrial collaborations.
  7. Digital Transformation Focus:  Amrita AHEAD Online  MBA programs incorporate the latest digital technologies and trends that go in par with the demands of the firms that they will be hired.

Amrita AHEAD Online MBA is a better option to propell your career in the best possible manner.As we offer a diverse curriculum to equip the aspirants with essential business acumen to become successful in all ventures that they become a part of in the present scenario of business as well as in the near future.

MBA Course Details

To understand the MBA course details, one needs to understand the curriculum at first. A university curriculum that is designed to provide a comprehensive and in-depth understanding of various business functions is a core part of the MBA course. However, Amrita AHEAD covers a wide range of core subjects and allows for specialisation in multiple areas of interest. The given below are the key functions of MBA course details.

The Amrita AHEAD Online MBA program provides a comprehensive curriculum covering core business subjects like finance, marketing, and operations. This program equips students with essential management skills, including critical thinking, problem-solving, and leadership, while offering flexibility for working professionals. This versatile degree stands out in terms of quality, incorporating the following core MBA course details involved.

  • Comprehensive Core Curriculum: This covers fundamental business areas like finance, marketing, operations, HR, and strategy.
  • Specialisation Options: This allows for in-depth study in specific areas like finance, marketing, HR, operations, and international business.
  • Experiential Learning: This includes case studies, group projects, internships, and guest lectures.
  • Career Advancement: This enhances career prospects, increases earning potential, and develops leadership skills.
  • Networking Opportunities: This provides valuable networking opportunities with peers, faculty, and industry professionals.
  • Personal Growth: This fosters critical thinking, problem-solving, and analytical skills.

By successfully completing an MBA program, students gain a strong foundation in business principles, develop critical thinking and problem-solving skills, and enhance their career prospects in a variety of management roles.

MBA Subjects

MBA programs cover a wide range of core MBA subjects and a range of elective MBA subjects, providing a strong foundation in management principles. Here are some common examples:

  • Finance: Financial Accounting, Managerial Accounting, Corporate Finance, Financial Markets
  • Marketing: Marketing Management, Consumer Behavior, Digital Marketing
  • Operations: Operations Management, Supply Chain Management, Project Management
  • Human Resources: Human Resource Management, Organizational Behavior, Talent Management
  • Strategy: Strategic Management, Business Policy

These core subjects provide a comprehensive understanding of key business functions, preparing graduates for successful careers in various management roles. The given below are the semester-wise MBA subjects included in the Amrita AHEAD MBA Curriculum exclusively designed for business enthusiasts who yearn for a successful career in the business field.

Semester 1Semester 2Semester 3Semester 4
Business CommunicationsOperations ManagementStrategic ManagementEntrepreneurship and Innovation
Managerial Economics-Micro and MacroTechnology Transformation for BusinessInternational BusinessCSR and Sustainability
organisational BehaviourHuman Resource ManagementLegal Aspects and Business EthicsEducation for Life – 4
Accounting for ManagersFinancial Cost ManagementEducation for Life – 3Elective 4: Mergers and Acquisitions
Marketing ManagementConsumer BehaviourElective 1: Management ConsultingElective 5: Financial Statement Analysis and Business Valuation
Business StatisticsBusiness AnalyticsElective 2: Leadership ManagementElective 6: Business Ethics and Corporate Governance
Education for Life-1Education for Life- 2Elective 3: Intellectual Property Rights (IPR)Elective 7: Research Methodology
   Project

MBA Specialisations

An MBA program offers a plethora of specialisations, allowing you to tailor your education to specific career goals. Let’s delve into some of the most popular specialisations, including AI, and their core MBA subjects.

Amrita AHEAD provides various MBA programs that doesn’t require any CAT score for admission, Amrita AHEAD MBA Programs include The Amrita AHEAD MBA in General Management provides an all-round development in the core business areas preparing you for leadership roles across various industries. The various specialisations with the respective  MBA Syllabus and various descriptions for each are listed speciality-wise.

MBA Finance

Finance specialisation equips you with the financial acumen to navigate complex financial markets and make informed investment decisions. Amrita AHEAD MBA in Finance. This path prepares you for careers in investment banking, corporate finance, and financial consulting.  Amrita AHEAD MBA in International Finance and Accounting equips you for success in international business ventures and multinational corporations. The table given below shows MBA subjects and descriptions for each.

SubjectDescription
Corporate FinanceAnalyze financial statements, capital budgeting, mergers and acquisitions, and corporate valuation.
Investment BankingUnderstand the intricacies of investment banking, underwriting, mergers and acquisitions, and private equity.
Portfolio ManagementLearn to construct and manage investment portfolios, including stocks, bonds, and derivatives.
Risk ManagementIdentify, assess, and mitigate financial risks, such as market risk, credit risk, and operational risk.
Financial ModelingDevelop financial models to forecast financial performance, evaluate investment opportunities, and support decision-making.

MBA Marketing

Marketing specialisation focuses on understanding consumer behaviour, developing effective marketing strategies, and building strong brands. Amrita AHEAD MBA in Marketing is the best option to become an expert in marketing specialisation in MBA. The table given below shows MBA subjects and descriptions for each.

SubjectDescription
Marketing ManagementExplore the fundamentals of marketing, including market segmentation, targeting, and positioning.
Digital MarketingLearn to leverage digital channels to reach target audiences, such as social media marketing, search engine optimisation, and content marketing.
Brand ManagementBuild and manage strong brands, focusing on brand identity, brand positioning, and brand equity.
Consumer BehaviorUnderstand consumer psychology, decision-making processes, and buying behaviour.
Market ResearchConduct market research to gather insights into consumer preferences, market trends, and competitive landscapes.

MBA Human Resources

Human resources specialisation focuses on managing people, developing talent. Amrita AHEAD MBA in Human Resources provides you with essential. The table given below shows MBA subjects and descriptions for each.

SubjectDescription
Supply Chain ManagementManage the flow of goods and services, from procurement to delivery.
Operations ResearchApply quantitative methods to optimise decision-making, such as linear programming and simulation.
Quality ManagementImplement quality control systems to ensure product and service quality.
Project ManagementPlan, execute, and monitor projects to achieve specific goals within defined constraints.
Lean Six SigmaUtilise a data-driven approach to eliminate waste and improve process efficiency.

MBA Operations

Operations specialisation focuses on optimising processes, improving efficiency, and reducing costs. Amrita AHEAD MBA in Operations Management is the best option for  enrolling in MBA operations management with the offering of the best curriculum designed for innovation and success in the business realm. The table given below shows MBA subjects and descriptions for each.

SubjectDescription
Supply Chain ManagementManage the flow of goods and services, from procurement to delivery.
Operations ResearchApply quantitative methods to optimise decision-making, such as linear programming and simulation.
Quality ManagementImplement quality control systems to ensure product and service quality.
Project ManagementPlan, execute, and monitor projects to achieve specific goals within defined constraints.
Lean Six SigmaUtiliseUtilize a data-driven approach to eliminate waste and improve process efficiency.

MBA Artificial Intelligence

This emerging specialisation equips you with the skills to harness the power of AI and data science to drive business innovation. By choosing Amrita AHEAD MBA in AI specialisation that aligns with your career aspirations, you can maximize the value of your MBA and position yourself for success in the dynamic world of business.MBA Syllabus can be better understood by reading our blogMBA Artificial Intelligence- Course, Syllabus, Eligibility, and Fees. For more information you can go through the other Amrita AHEAD blog,   Top 15 Career Options After an MBA in Artificial Intelligence.

SubjectDescription
Marketing ManagementExplore the fundamentals of marketing, including market segmentation, targeting, and positioning.
Digital MarketingLearn to leverage digital channels to reach target audiences, such as social media marketing, search engine optimization, and content marketing.
Brand ManagementBuild and manage strong brands, focusing on brand identity, brand positioning, and brand equity.
Consumer BehaviorUnderstand consumer psychology, decision-making processes, and buying behavior.
Market ResearchConduct market research to gather insights into consumer preferences, market trends, and competitive landscapes.

MBA Course Duration

Probing deeper into MBA Course Details, the standard duration of a full-time MBA program is two years, divided into four semesters. However, some institutions offer accelerated one-year programs or part-time options for working professionals. Amrita AHEAD online MBA Program Duration, or MBA Course Duration, unlike in other universities, offers flexibility of learning with a duration that ranges from a minimum of 2 years to a maximum of 4 years.

MBA Admission Process

Amrita AHEAD MBA Program offers a range of specialisations that cater to the needs of the education field with innovative curriculum that incorporates all the essential sources of information to seek world-class learning experience. Admission to top MBA programs is highly competitive and involves a rigorous selection process.

Amrita AHEAD online MBA Programs need no CAT exam scores for admission in any specialisations. The admission is completely merit-based, and you need to fulfil the following eligibility criteria for getting yourself enrolled in MBA program in Amrita AHEAD Online  MBA Programs. The candidates must have a minimum of 50% marks in UG course (minimum 3 years; students in their final year can apply with the last completed semester results). The candidates with work experience will have an added advantage for admissions.

MBA Fees

The fees for MBA programs vary significantly depending on the institution, location, and specialization. In India, MBA Fees can range from INR 5 lakhs to INR 30 lakhs. International programs can be even more expensive. However, Amrita AHEAD MBA Fees ranges from 1,70,000  for MBA general management 2,40,000 for MBA AI , 2,60,000 MBA in Accounting and Finance Programme Fees, 2,20,000 Programme Fees, and 2,20,000 Program Fees for MBA Finance, MBA Operations ,MBA HR.

MBA Eligibility Criteria

To be eligible for an MBA program, candidates typically need to meet the following criteria:

  • A bachelor’s degree in any discipline from a recognised university with a minimum of 50% marks.
  • A valid score in a national-level or international entrance exam.
  • Work experience (optional, but often preferred)

Top MBA Colleges in India

India boasts several prestigious institutions offering top-notch MBA programs:

  • Indian Institutes of Management (IIMs): Ahmedabad, Bangalore, Calcutta, Lucknow, Indore, Kozhikode, Rohtak, Raipur, Ranchi, Udaipur, Sirmaur, Sambalpur, Bodh Gaya, Jammu
  • Indian Institutes of Technology (IITs): Delhi, Bombay, Madras, Kanpur, Kharagpur, Roorkee, Guwahati, Hyderabad, BHU Varanasi, Indore, Patna, Gandhinagar, Ropar, Bhubaneswar, Dhanbad, Mandi, Jodhpur, Bhilai, Tirupati, Palakkad, Dharwad, Goa, Jammu, Dharwad
  • Amrita Vishwa Vidyapeetham– Amritapuri, Coimbatore, Bengaluru, Kochi, Amravati
  • Amrita AHEAD, Amrita Vishwa Vidyapeetham- Online MBA
  • Xavier Labour Relations Institute (XLRI): Jamshedpur
  • Faculty of Management Studies (FMS): Delhi University
  • Management Development Institute (MDI): Gurgaon
  • Great Lakes Institute of Management: Chennai

MBA Salary

The average starting salary for MBA graduates in India ranges from INR 8 lakhs to INR 20 lakhs per annum. However, top-tier institutions and specialised MBA programs can offer significantly higher salaries. Factors such as the college’s reputation, specialisation, and individual performance influence the salary package. 

Here’s a table showing the estimated monthly salary for MBA graduates in India based on data from Glassdoor. Please note that these are estimated figures, and actual salaries may vary depending on various factors such as experience, skills, and the specific company.

Frequently Asked Questions (FAQs)

1. What is the full form of MBA?

The full form of MBA is Master of Business Administration. It is one of the most popular PG degree programs.It’s a highly regarded postgraduate degree that provides students with a comprehensive understanding of various business disciplines.

2. What is an MBA?

 MBA is a postgraduate degree designed to equip individuals with business knowledge and skills for management roles and to become successful in the field of business and management.

3. Why pursue an MBA?

An MBA can boost your career, enhance leadership skills, expand your network, and provide in-depth business knowledge if taken from an excellent institution.

4. How long is an MBA program?

A full-time MBA is 2 years however, Amrita AHEAD MBA program duration ranges from a minimum of 2 years to a maximum of 4 years.

5. What are the core subjects in an MBA?

The core subjects of Amrita AHEAD online MBA programs include finance, marketing, operations, human resources, and strategy.

6. What are popular MBA specialisations?

 Amrita AHEAD Online offers various specialisations such as finance, marketing, HR, operations, international finance, and AI.

7. What are the eligibility criteria?

The candidates must have completed a bachelor’s degree fulfilling the minimum eligibility criteria mentioned in our official program-specific website.

8. How much does an MBA cost?

The MBA fees vary based on the institution, location, and program.For each specialisation, Amrita AHEAD Online Programs offers various specialisations that have separate fee structures, each mentioned in detail in the MBA brochure and in each program-specific website pages.

9. What are top MBA colleges in India?

Top MBA colleges in India include IIMs, IITs, XLRI, FMS, MDI, and Great Lakes.

10. What kind of jobs can I get after an MBA?

MBA graduates can pursue roles like consultant, product manager, marketing manager, finance manager, HR manager, or entrepreneur.

11. What is the average salary for MBA graduates?

 The average starting salary ranges from INR 8 lakhs to 20 lakhs per annum, with higher salaries for top institutions and specialisations.

12. Is an MBA worth it?

An MBA can be a valuable investment for career advancement and personal growth.

13. Can I do an MBA part-time?

 Many institutions offer part-time MBA programs for working professionals.

14.What is the role of technology in MBA education?

 Technology plays a significant role, with online courses, virtual classrooms, and AI-powered learning tools becoming increasingly common.

Conclusion

An MBA is a transformative journey that can propel your career to new heights. By carefully considering your career goals, choosing the right specialisation, and dedicating yourself to rigorous coursework, you can position yourself for success in the dynamic world of business. This Amrita AHEAD  article covers all areas starting from MBA Full Form to answering various questions like What is MBA and Why MBA leads to creating a general idea of MBA Course Duration, MBA Specialisations, MBA Admission, MBA Fees, MBA Eligibility Criteria, MBA Colleges, MBA Salary, and elaborating each section with tables providing a better understanding of MBA.

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