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By Asha Rani, Last Updated 28 May, 2024 7 min read
A graduate degree known as a master of business administration (MBA) offers both academic and practical instruction in business or investment management. Graduates with an MBA are expected to have a deeper comprehension of company management functions.
Accountancy, Management, Finance, Marketing, and Business Law are common core courses in MBA programs. Any MBA program begins with management training, which highlights planning, leadership, organizational behavior, business strategy, and the more human aspects of managing a small or large company.
Mumbai serves as the capital of Maharashtra, often known as the land of Shivaji, which is situated in the country’s west. It has a very colorful historical and cultural background, parts of which are still discernible now. Mumbai is the nation’s largest business hub and its financial capital. With a quarter of the nation’s industrial production coming from its most industrialized state, Maharashtra. In Maharashtra, the literacy rate is extremely high.
Maharashtra has consistently been at the forefront of educational advancement. Leading the way in India’s higher education sector, Maharashtra provides a wide range of graduate and postgraduate programs in the fields of commerce, science, and the arts. In addition, the colleges offer professional training in fields like medical, engineering, and management. With swift advancements in the field of education, Maharashtra has since carried on its tradition of leadership. The state’s development has been accelerated by these development factors.
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An MBA is a professional degree that can be pursued for two years following graduation. Since graduates from any stream—engineering, medicine, the arts, humanities, or commerce—can pursue an MBA; it is a widely sought-after postgraduate degree. The curriculum for an MBA comprises subjects that prepare students for senior leadership positions in any kind of organization, as it is a professional degree. The key details of the MBA courses are mentioned in the table below.
Particulars | Details |
MBA full form | Master of Business Administration |
MBA Course Level | Post Graduation |
MBA Course Types | Full- Time OnlineDistance |
MBA Course eligibility | 50% in graduation in any discipline |
Admission Process | Entrance exam followed by group discussion and personal interview |
Average Salary | INR 15 – 30 LPA |
Careers | Manager, Sales Manager, Marketing Manager, HR Manager |
A general business administration focus is combined with specialized studies throughout the MBA program’s several specializations. Following are a few of the most in-demand MBA specializations:
MBA in Marketing Management | MBA Data Science |
MBA Artificial Intelligence | MBA Banking and Insurance |
MBA in Entrepreneurship | MBA Hospital and Health Care Management |
MBA in Rural Management | MBA in International Business |
MBA Textile Management | MBA in Digital Marketing |
MBA in Sustainability Management | MBA FinTech |
MBA in Pharmaceutical Management | MBA in Communication and Media Management |
MBA in Logistics Supply Chain Management | MBA in Banking & Finance Management |
MBA in Data Analytics | MBA Port and Shipping Management |
MBA Retail Management | MBA Capital Market |
One must have finished their degree in any discipline (science, commerce, or arts) with an aggregate of 50% or higher in order to be qualified for MBA courses and pursue it from their dream college. Entrance tests are the first step in the admissions process for MBA programs. The candidates’ personalities are then evaluated through the Written Ability Test (WAT) and Personal Interview (PI).
The Sanjivani Group of Institutions, one of the best and most favored institutions in the nation for high-quality education, was established in 1983 under the direction and vision of Honorable Shri. Shankarrao Genuji Kolhe. The Sanjivani Group of Institutions has made significant strides in establishing itself as a global leader in the provision of knowledge that promotes social uplift and self-development over the last 29 years. The institute’s primary goal is to empower rural students by providing them with opportunities for academic success in a range of disciplines, including science and technology.
A prestigious educational facility Sanjivani Group of Institute, is associated with Savitribai Phule Pune University, Pune, and offers a two-year full-time MBA program that is structured to equip students with the fundamentals and advanced concepts of business administration and management. The design of the MBA program incorporates practical as well as theoretical aspects. The Sanjivani Group of Institutes continues the tradition of comprehensive development and high academic standards.
SYMBIOSIS INTERNATIONAL (DEEMED UNIVERSITY) – SIU is composed of the Symbiosis Institute of Business Management located in Pune. Being the cultural and educational centre of Maharashtra, Pune, with its historic campus located on Senapati Bapat Road, is frequently referred to as the Oxford of the East. Founded in 1978, SIBM Pune is a prestigious B School in India that is constantly rated in the top 10 in the nation. SIBM Pune has earned a reputation for academic quality as well as for making significant contributions to business, society, and students. SIBM Pune is part of the global network of EFMD and EFMD.
The flagship program of SIBM Pune, the two-year full-time residential MBA, spans four semesters and offers specializations in marketing, finance, human resource management, and operations management. The program’s structure is made to provide students with the finest possible exposure to industry professionals and a supportive learning environment in the classroom, preparing them to lead tomorrow in the field of their selected specialization.
Under Section 3 of the UGC Act 1956, Dr. D. Y. Patil Vidyapeeth (DPU), Pune, was founded in 2003 as a “Deemed-to-be-University.” It all began with Dr. D. Y. Patil Medical College, Hospital and Research Centre in Pune, which was one of its constituent units. Since the Vidyapeeth’s founding, numerous additional component institutions have emerged under its auspices, and its growth has been exponential. At the moment, Dr. D. Y. Patil Vidyapeeth, Pune, comprises thirteen Constituent Units in the following fields: medicine, dentistry, nursing, physiotherapy, optometry, biotechnology, management, Ayurveda, homoeopathy, design, allied health sciences, liberal arts, science & technology, and online learning.
DY Patil University offers a two-year, full-time MBA program. DY Patil’s two-year, four-semester Master of Business Administration (MBA) program is a revolutionary experience. This program is designed to keep up with the most recent advancements in management and international business education, and it is overseen by Dr. Pranav Ranjan, professor. The management of marketing, finances, supply chain, operations, human resources, and agriculture are among its areas of expertise. The curriculum places a strong emphasis on experiential learning and learning by doing in order to promote critical thinking and problem-solving abilities. Pupils grow into moral leaders capable of navigating the challenging business world.
One of the top universities in all of India is the Birla Institute of Technology & Science, or BITS Pilani. To “train young men and women able and eager to create and put into action such ideas, methods, techniques, and information” is the main goal of BITS. The Institute is the realization of the vision of its founder, the late Mr. G.D. Birla, a distinguished businessman, close friend of Mahatma Gandhi, and participant in the Indian liberation movement. Students from all throughout India who are admitted on the basis of merit have received the best technical education from BITS over the years.
A graduate degree known as a Master of company Administration (MBA) offers both academic and practical instruction in company or investment management. This graduate-level degree, which is acknowledged globally, builds the abilities needed for professions in business or management in a variety of sectors. This program is designed to keep up with the most recent advancements in management and international business education.
Mumbai, the financial and administrative heart of India, and is home to the School of Business Management (SBM) of SVKM’s NMIMS, which is considered a university according to UGC regulations. It is one of the top business schools in the nation. In addition to offering a range of cutting-edge programs for students, it offers professional executive education programs. SBM’s dynamic curriculum was developed in partnership with academics and industry practitioners, and it uses the case method as its main pedagogical tool to bring real-world business problems into the classroom.
The Master of Business Administration degree is earned by completing a two-year, full-time curriculum that spans six trimesters. It has been a hallmark program for more than 41 years at the School of Business Management, NMIMS Deemed-to-be University, Mumbai. Over the years, it has benefited from strong credibility in the business sector. A considerable number of our former students have important leadership roles inside large corporations, and a few have achieved success as business owners. The full-time MBA program, a flagship offering of the School of Business Management, Mumbai, attracts tens of thousands of applicants annually from throughout the globe.
Students who want to pursue an MBA might think about applying to the above-mentioned universities. The best MBA programs in Maharashtra can be analyzed using some of these factors. Maharashtra has consistently been at the forefront of educational advancement. Leading the way in India’s higher education sector, Maharashtra provides a wide range of graduate and postgraduate programs in the fields of commerce, science, and the arts. . Any MBA program begins with management training, which highlights planning, leadership, organizational behavior, business strategy, and the more human aspects of managing a small or large company.
Students pursuing any of the MBA programs or specializations have excellent chances in the business management industry. The candidates’ interests and preferences alone will determine which MBA program is ideal for them. The MBA in Sales & Marketing, the MBA in Operations, the MBA in HR, the MBA in Finance, and the MBA in Information Technology are among the top MBA programs offered in India. Upon completion of their MBA program, students will possess a thorough understanding of the interactions between several business verticals and be proficient in communicating with individuals from diverse backgrounds.
Graduate status is required to be eligible for an MBA. Nonetheless, a lot of universities have minimal graduation requirements (45% for SC/ST students and 50% for general candidates).
You can select between an MBA and a CA degree, depending on what you hope to gain from your education. The greatest course of action for developing exceptional financial & business acumen is to pursue an MBA. Still, if your goal is to focus solely on accounting and finance, a CA course is a way better option.
The ever-changing work market of today makes an MBA useful for a wide range of positions in both the public and private sectors. Regardless of experience level, the government sector offers a plethora of opportunities for MBA experts.
An MBA graduate’s pay scale can be as high as 70–100 LPA, however it often falls between 7 and 12 LPA. Salary packages are, of course, influenced by a number of elements, including technical proficiency, pertinent experience, business, B-school, and specialization.