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MBA
Master in Business Administration or MBA is the concept that started in the United States of America in
the early twentieth century. This is a post-graduate degree in business management which falls at the
backdrop of the need that American companies for scientific approaches to management. The main areas
of studies in the course curriculum include; Business Operations, Marketing, Managerial Economics,
Business Communication, Accounting, Business Ethics, Applied Statistics etc. These are the areas of
learning which grooms a professional to get profound knowledge of business strategy and business
analysis. Most of the courses have elective papers, where a student can choose his/her area of
specialization. Some of the popular domains are: Marketing, Finance, and Human Resource Management.
Of late the degree has gained prominence due to its multiple benefits. Earlier it was only for the post
graduate studies, but now integrated courses offered at many famous B-Schools are attracting students
right after school. The aspiring global business managers are choosing to study Management at various
famous B-schools in India and abroad. MBA is an entry to a career that not only provides monetary
benefits but also the opportunities to rub shoulders with industry big-wigs if promoted regularly after
continuous hard-work and perseverance. Here the growth opportunities are unlimited and the private
business entities do not hesitate in letting a person grow if he/she proves his/her mettle. MBA grooms a
student to become a confident person personally as well as professionally. The real grind starts right from
the college because of the pragmatic approach of teaching management. Case studies form the basis of
most of the lectures, hence a student is well acquainted with the needs of the industry much before joining
the realm. In India, Indian Institute of Management (IIM), Indian School of Business (ISB), Faculty of
Business Management (FMS), etc. are some of the premium B-Schools, which have given many business
leaders in the global market.

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 TOP COLLEGES EXAM SCHEDULE EXAM PATTERN

* Shortlist

IIM, BANGALORE IIM, CALCUTTA

INDIAN INSTITUTE
OF MANAGEMENT KNOW MORE

Business school in Ahmedabad, India

XLRI, JAMSHEDPUR SPJIMR, MUMBAI

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 MDI, GURGAON FMS, UNIVERSITY OF DELHI, IIFT, NEW DELHI IMT, GHAZIABAD
DELHI

NMIMS, MUMBAI IMI, NEW DELHI

INDIAN INSTITUTE OF IIM, KOZHIKODE
MANAGEMENT, INDORE

NITIE, MUMBAI GREAT LAKES INSTITUTE OF TAPMI, MANIPAL SIBM, PUNE

MANAGEMENT, CHENNAI

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 INDIAN INSTITUTE OF IIT KHARAGPUR INDIAN INSTITUTE OF IIT DELHI, NEW DELHI
MANAGEMENT, SHILLONG MANAGEMENT, TRICHY

SAMPLE MBA ENTRANCE EXAM QUESTIONS

Q1 Q2 Q3

The remainder when If n2 = If A and B are two co-

784 is divided by 342 is 12345678987654321, prime numbers, what
what is n? are their HCF and LCM?

0
12344321 A, B
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 1
1235789 B, A

49
111111111 1, A/B

341
11111111 1, A x B

Q4
Q5 Q6

If A : B = 2 : 3, B : C = 6 : 7
and C : D = 8 : 9, then A : The board will Find out the word that
B:C:D=? ____________ claims made has a meaning opposite
against teachers. to the word JUSTNESS.

22 :32 : 45 : 12
adjudge Due

28 : 36: 42 : 43
hesitate Bias

32 : 46 : 33 : 56
hedge Wrong
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 32 : 48 : 56 : 63
ignorant Mercy

SUBMIT

TIPS & TRICKS TO CRACK MBA EXAMS

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Frequently Asked Questions

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 Q1. What is the difference between MBA and PGDM program?

S. No. MBA PGDM/PGBM

1 Masters in Business Administration Post Graduate Diploma in

Management (PGDM) or Post
Graduate Programme in
Management (PGPM)

2 At the end of an MBA programmes, candidates At the end of PGP and PGDM
receive a degree. course, candidates are offered a
Diploma

3 MBA course curriculum is designed by the PGPM or PGDM courses are

university. determined by the individual
institute.

4 The core syllabus (and sometimes even elective
subjects) will be pretty much same in two MBA
colleges under the same university.
This gives a certain flexibility to
the course curriculum. Syllabus
undergoes a change according
to industrial requirements
every year.

5 Since PGP or PGDM courses are offered by
autonomous bodies, students need to be careful
while taking admission. Many smaller colleges and
institutes make claims or do not have proper
accreditation status.
MBA degrees are conferred by
varsities, and hence there’s a
lower chance of fraudulent
claims.

6 Some experts claim most MBA courses focus more PGP or PGDM courses have an
on theoretical and technical aspects of management industrial orientation and focus
rather than adopting a practical approach. on skills based on market
requirements.

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 6 It has been observed that most MBA courses have
lower tuition fees as compared to PGP or PGDM
courses. This may be so because mostly government
approved universities offer MBA degrees. These
universities receive financial aid and grants from
the government, making the degree cheaper for the
student.
In case of a PGP or PGDM
degree, students have to bear
the cost of the entire
programme. However, this is
not an ironclad rule. There are
MBA degrees which charge high
tuition fees (such as IIFT).

Q2. How to select an institute for full-time MBA or PGDM program?

1.Accreditations are the certificate of competence of a course in an institute. Keep the

accreditations in mind to assess the areas of expertise, and the integrity of the degree being
conferred. 2.The level of faculty and the curriculum structure are important aspects for choosing a
college for further studies. For example, the faculties having industrial experience will give you
better insight of the practical aspects of the subject. Also, compare the curriculum of different
institutes. 3.Check for average placement percentage each year along with the quality of companies
that visit the campus for placements. 4.Area of interest is important because getting into a dream
university but in an irrelevant course makes no sense. But along with that check for geographical
suitability and financial investment as per your budget.

Q3. How much would it cost to pursue full-time MBA or PGDM program?

Every B-school has its own fee structure. Overall, it may cost you around Rs 20,000 to Rs 15 lakhs or
more to pursue full-time MBA or PGDM program. Ex: Faculty of Management Studies (FMS) (Fee:
INR 20,960) and Indian Institute of Management, Ahmedabad (IIMA) (Fee: INR 15,50,000). Indian
Institute of Management, Ahmedabad Post Graduate Program in Management- Fees 21.0 L Indian
Institute of Management, Bangalore Post Graduate Program in Management- Fees 18.7 L Indian
Institute of Management, Calcutta Post Graduate Program in Management- Fees 18.7 L Indian
Institute of Management, Lucknow Post Graduate Program in Management- Fees 11.8 L

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 Q4. What is the eligibility criteria to pursue full-time MBA or PGDM program?

Candidate having Bachelor’s Degree of minimum 3 years from any recognized university with at
least 50% marks are eligible for the MBA entrance exams. Final year students can also apply.

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