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MBA
The Master of Business Administration (MBA) is a highly sought-after two-year postgraduate program that offers specializations in various fields across India and abroad. The top MBA colleges in India, such as the Indian Institutes of Management (IIMs), offer admission to their MBA programs based on the results of the Common Admission Test (CAT) 2022, a national-level entrance exam that is conducted once every year.
Students can pursue an MBA in different modes such as regular, online, or distance education, depending on their preference and convenience.
MBA Admissions Eligibility
Eligibility criteria for MBA admissions typically include academic details, minimum marks required in graduation, lower and upper age limit, nationality, and a valid CAT or other entrance exam score.
For admission to the MBA program for the academic years 2023-25, candidates must meet the following eligibility criteria:
- Hold a Bachelor’s degree in any discipline from a recognized university or college.
- Candidates in their final year of graduation are also eligible to apply, provided they can provide the necessary proof of graduation at the time of admission.
- A minimum of 50% in graduation is required for open category candidates, while reserved categories require a minimum of 45%.
- Candidates must have a valid score in any national level exams such as CAT 2022, XAT 2023, MAT, etc., or state and university level entrance examinations.
THE TOP ENTRANCE EXAMS FOR MBA
CAT
XAT
CMAT
MAT
SNAP
ATMA
NMAT
TANCET
MAH CET
APICET
TSICET
KMAT Karnataka
KMAT Kerala
Karnataka PGCET
MBA is a highly dynamic and evolving degree that adapts to industry trends. Top MBA universities design management courses to meet the demands of specific subjects and areas of study, making it a popular field of learning among students applying for MBA Admissions 2023-25.
The reasons for pursuing an MBA are both traditional and contemporary. Traditional benefits include high-paying jobs, excellent growth opportunities in India and abroad, the chance to start a business, social prestige, and better professional preparation to upskill and keep up with the times.
Contemporary benefits include leveraging the advantages of the National Education Policy 2020, demand for management professionals to lead growing businesses, top MBA programs that integrate technology, rapid growth aligned with urbanization and globalization, and more. Pursuing an MBA can open up great career options, enhance professional acumen, and prepare you for industry challenges. If you are interested in pursuing a career in management, MBA is the best option for you.
Why MBA is a top choice among graduates in the academic session 2023-25?
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National Education Policy 2020 and Impact on MBA Aspirants
Reforms in Management Education and Higher Education under NEP 2020 with Benefits for MBA Aspirants
Provisions for Higher Education in NEP 2020:
- Opening up the Indian education system for foreign universities.
- Multiple entries and exits to reduce dropout rates and provide flexibility.
- Four-year multidisciplinary Undergraduate program to focus on internationalization of Indian education system.
- Equitable and holistic improvement with a learner-based curriculum at par with global educational institutions.
- Government proposal to make all colleges and universities multidisciplinary by 2040.
- Revised curriculum for B-schools with focus on skill-oriented learning and practical approach.
- Blended learning offering a combination of online and classroom education.
Benefits for MBA Aspirants:
- Pursue MBA courses and other studies at convenience with multiple entries and exits.
- Attend classes at convenience with blended learning offered by the best management colleges in India.
- Taste of global MBA education with internationalisation of Indian education system.
- Directly study abroad after four years of UG.
- Ample support to pursue higher education in foreign universities from Bennett University.
NEP 2020 is the greatest turning point for the entire Indian education system. Students aspiring for MBA admissions in the 2023-25 academic session can leverage the reforms in management education and prepare themselves as per industry trends.
Online MBA
The Covid-19 pandemic has disrupted the traditional education system, forcing students to look for alternative ways to pursue their studies. In response to this demand, many top management colleges in India have started offering online MBA programs. The availability of online MBA courses has made it a popular choice among undergraduates who are looking for flexibility in their education.
The online mode of learning has allowed students to continue their education from the safety of their homes, while also providing them with the same quality of education as traditional MBA programs. As the world continues to adapt to the pandemic, admission counselors too are likely to recommend online MBA programs.
Globalisation and Urbanisation
India is witnessing remarkable industrial growth across various sectors. Global corporations are establishing their manufacturing and export bases in different regions of India. The Union and State Governments are organizing business summits and offering incentives to encourage foreign investors.
The government is also investing in various infrastructure projects such as the Vande Bharat trains, railway modifications, road network improvements, and DFCs. This has led to rapid urbanization, employment generation, and new career opportunities, prompting students to seek MBA courses in the upcoming academic session.
For the best MBA courses, consider Bennett University in Greater Noida, and become a part of India’s growth story.
Impact of Urbanisation
With the changing times, more and more students and professionals are exploring opportunities beyond Delhi, Mumbai, Bengaluru and other big cities of India. Tier-II cities like Indore, Raipur, Jaipur, Ahmedabad, and others are gaining prominence for the following reasons:
- The rising trend of satellite offices and remote work options are making it possible for people to work from anywhere, and these cities are emerging as convenient and affordable options.
- The extended internet penetration in these cities is making remote work and online education accessible to more people.
- The impact of the pandemic-induced lockdown has made people realize the need to maintain a work-life balance, and these cities offer a better quality of life with lower living costs.
- The coming of industries near Tier II cities for saving on operational costs is creating more job opportunities.
- The young and smart generation of graduates are now looking for the best MBA courses, and online education is making it possible for them to pursue their dreams without having to leave their homes for far-off cities.
Tech Integrations and New Specialised MBA Courses
The technological advancements in the fields of robotics, automation, AI, ML, VR, and others have brought a significant transformation in business management and operations. It has opened new career specializations and opportunities for MBAs.
Consequently, there is a higher demand for MBAs in specialized areas such as AI, IT, Robotics, and others. Pursuing such courses will equip students with the necessary skills to thrive in the industry and become successful professionals.