MBA Guide: Everything You Need to Know

# MBA Guide: Everything You Need to Know MBA (Master of Business Administration) is one of the most sought-after postgraduate degrees. Here's everything you need to know. ## What is MBA? MBA is a 2-year postgraduate degree that focuses on business management and administration. It prepares you for leadership roles in various industries. ## Eligibility for MBA - Graduation from recognized university - Minimum 50% marks (varies by college) - Valid entrance exam score ## Popular MBA Entrance Exams | Exam | Accepted By | Conducted By | |------|-------------|--------------| | CAT | IIMs, Top B-Schools | IIMs | | XAT | XLRI, Top B-Schools | XLRI | | MAT | Various B-Schools | AIMA | | GMAT | International, ISB | GMAC | | CMAT | AICTE Colleges | NTA | ## MBA Specializations 1. **Finance** - Banking, Investment, Corporate Finance 2. **Marketing** - Brand Management, Digital Marketing 3. **HR** - Human Resource Management 4. **Operations** - Supply Chain, Logistics 5. **IT** - Information Technology Management 6. **International Business** - Global Trade 7. **Healthcare** - Hospital Management 8. **Entrepreneurship** - Startups ## Top MBA Colleges in India ### IIMs - IIM Ahmedabad - IIM Bangalore - IIM Calcutta - IIM Lucknow - IIM Kozhikode ### Other Top B-Schools - XLRI Jamshedpur - FMS Delhi - ISB Hyderabad - SP Jain Mumbai - MDI Gurgaon ## MBA Career & Salary | Role | Average Salary | |------|----------------| | Management Consultant | ₹15-25 LPA | | Investment Banker | ₹12-30 LPA | | Marketing Manager | ₹10-20 LPA | | HR Manager | ₹8-15 LPA | | Operations Manager | ₹8-18 LPA | ## Tips for MBA Preparation 1. Start early (at least 1 year before) 2. Focus on quantitative skills 3. Improve verbal ability 4. Stay updated with current affairs 5. Work on communication skills 6. Build your profile (work experience, extracurriculars)